Here in this article the authors takes a few factors for analysis like the educational background, unemployment and high degree of confidence to check whether these factors are related to a person becoming an entrepreneur with innovative ideas. The paper is on a conceptual approach on judgment and decision making. The entrepreneurial behavior is analyzed by making a person answer to the below two questions • Given an alternative why some entrepreneurs do chose one option over the other • From where do these individual decisions come from the first place Any entrepreneur should be concerned only about the competitive factors that directly affect him/her based on the decisions made. Author has talked about the Imitative nascent entrepreneurs who will start a business from a known population whose skills, routines and competencies vary very minimally when comparing others. Whereas innovative nascent entrepreneurs are ones who will start an organization whose functions and operations are drastically vary when comparing other organizations.
CHAPTER ONE INTRODUCTION 1.1 Background of the Study In today’s complexity of competition in the marketplace, entrepreneurial orientation (EO) and Market orientation (MO) can be considered as an integral part and a factor that can be a significant contributor to a firm’s success. Business firms are expected to intensify their seeking out to meet new opportunities that satisfy by the customer along with obtaining a sustainable competitive advantage to survive in a competitive environment. Several researchers and scholars have conducted Entrepreneurial and Market Orientations, According to Rigtering (2013), EO research originates from the work of Miller (1983), who linked different types of organizational configurations (simple firms, planning firms and organic firms) to the degree of entrepreneurial
1.3 Describe the various dimensions of IEO and discuss the relationship between IEO and entrepreneurial intentions. The following issues should be addressed: Describe the three dimensions of IEO (6) and provide evidence that IEO influences entrepreneurial intentions (2) Independent entrepreneurial orientation can be divided into three dimensions, namely: Innovation, Risk-Taking and Pro-activeness. Innovation Callaghan and Venter (2011 : 28-32) define innovation as the exploitation of new ideas, where by an individual can take advantage of a new discovery and turn it into an idea which they can commercialise on. Therefore for innovation to have an impact on businesses it must be linked to
Previous studies on the relationship between entrepreneurship and personality trait have been focusing on what makes an entrepreneur successful but not on how to become a successful one. Therefore our review collects Meta-Analysis results to examine the Big Five personality dimensions and provide evidences to show the changes observed in the five personality traits. Hopefully this review could shed light on the possibility of getting people participate in the process of entrepreneurship who have been denied previously by their personality
In contrast, the researchers discussed the CEO, attributes, as well as impacts of internationalization and the business performance. They again, offered a data collection method. The study is a contribution to knowledge, theory, research and
This paper provides support for the moderating effect of market characteristics such as demand uncertainty and market growth on the performance of innovations. Following is a brief summary of the paper. Introduction: This paper investigates the relationships among a firm's strategic orientation, the characteristics of the innovations brought to market, and new product performance. The definition of a firm's strategic orientation is broadened to include three components: the market orientation, the competitive orientation, and the technological orientation. The purpose of this paper is that the characteristics of innovations as well as their commercial performance depend on the strategic orientation of the firm and also importance of
Topic of the thesis A lot of research has been done aiming to explore and describe the phenomenon of entrepreneurs. Entrepreneurial individuals are seen as driving force of entrepreneurship. It is believed that entrepreneurship cannot occur without enterprising people (Jain, 2011, p. 136). Efforts to investigate entrepreneurial personality can be traced back to the 1960s. A Harvard psychologist David McClelland was the first researcher who tried in his work “The achieving society” (1961) to explain psychological factors of entrepreneurship.
This is done by firstly identifying research and development focus areas that maximize benefits of eChapter 1: Introduction Auramo Jaana, 2005. Capturing the potential of e-business in supply chain management 3 business in supply chain management. Secondly, we discover different ways how companies can benefit from e-business in their supply chain operations. We approach the research problem over the period from 2000 to 2004. During this time, ebusiness development moves from the so-called hype-stage during the late 1990’s and early 2000’s, when a lot of undelivered promises were made to supply chain management, to the era when there are already many e-business implementations that have had an impact on various supply chain operations such as procurement, inventory management and order management, as well as on the overall competitiveness of the companies implementing various e-business applications.
Introduction In the realm of entrepreneurial theory, researchers have progressed from the early work in the field to a multi-disciplinary, vibrant and extensively delineated area of study. These distinct areas of study now house their own body of research, leveraging off the base knowledge of entrepreneurship, but each adding niched understanding to how the world understands the theory surrounding entrepreneurship. Some of these niched areas include the thinking around social entrepreneurship, technopreneurship, global entrepreneurship, the effects of enterprise development on entrepreneurship, and many more. An interesting area of entrepreneurial theory is corporate entrepreneurship, which will be the focus of this paper. What is Corporate
Over these last couple of weeks I have read a lot of chapters from our class lecture materials. Some of the concepts and ideas that I read about let me know about entrepreneurship Entrepreneurship is the process by which individuals pursue opportunities without regard to resources they currently control. Entrepreneurship is the art of turning an idea into a business. Is so fresh on me. So the next question is “Am I entrepreneurial”?