Predictors for the Success and Survival of Entrepreneurs in the Construction Industry

Abd-Hamid, Zahidy; Azizan, Noor Azlinna; Sorooshian, Shahryar

doi:10.5772/60530

Cited by 22 publications

(24 citation statements)

References 66 publications

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“…25 It was also suggested that a positive relationship between entrepreneurial competencies and the success and survival of entrepreneurs exists. 26 Furthermore, through an extensive literature review, it was found that there is a significant and small overall relationship between human capital and entrepreneurial success, and the magnitude of this relationship depends on conceptualizations of human capital, the context of the firm, and the choice of success measures. 8 Prior research has suggested a number of arguments.…”

Section: The Role Of Human Capitalmentioning

confidence: 99%

Entrepreneurial human capital, role models, and fear of failure and start-up perception of feasibility among adults in Vietnam

Trang

Hung

Luong

2019

International Journal of Engineering Business Management

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Although various studies have been conducted to examine the role of human capital, role models, and fear of failure in the entrepreneurial process, the results reveal inconsistencies. Moreover, the relationship between them and their role in explaining the perceived feasibility of starting a new business still has no clear answer. Based on the adult survey data of the Global Entrepreneurship Monitor in Vietnam 2017/2018, the study find that having entrepreneurial knowledge, skills, and experience and knowing an entrepreneur are positively associated with the individual’s perception of feasibility to start a new business; whereas, the fear of failure do not have a direct significant effect on it. However, the influence of fear of failure on perception of starting a firm is strongly negative effect as moderating by educational attainment. Individuals with personal entrepreneurial connection and gaining entrepreneurship knowledge, skill, and experience have reduced the fear of business failure. The contribution of this study is twofold. First, it provides empirical evidence on the relationship between human capital, role models, fear of failure, and entrepreneurial feasibility. Second, it contributes to the understanding of entrepreneurship environment in Vietnam, a communist country still existing today.

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Section: The Role Of Human Capitalmentioning

confidence: 99%

Entrepreneurial human capital, role models, and fear of failure and start-up perception of feasibility among adults in Vietnam

Trang

Hung

Luong

2019

International Journal of Engineering Business Management

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“…An entrepreneurial capability as a distinct set of individual capabilities and skills aim to explore, integrate, and exploit untapped business opportunities within a market context. An entrepreneurial ecosystem as the social and economic environment affects entrepreneurship [14]. Environmental turbulence can have a significant impact on the performance of an organization [15], hence entrepreneurs should have information about whether growth through internal resources is sufficient and in line with the goals and objectives [16].…”

Section: Conceptual Modelmentioning

confidence: 99%

Designing an Assessment Model for Entrepreneurial Growth Using a Hybrid Method

Wulandari¹

2021

Proceedings of the 4th International Conference on Sustainable Innovation 2020-Accounting and Management (ICoSIAMS 2020)

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Local economic development driven by innovation plays an important role in regional development and generating income. The critical mass of viable ventures is determined by the aspects of entrepreneurship, financing mechanism, and the market mechanism. The traditional commodity-based on production system approach has not looked fitted and tends to shift to a value chain system that is oriented to increase added value and competitiveness. The most important aspect that determines the success of this shifting is the entrepreneurial growth and the information stakeholder involved. These two aspects need to be analyzed simultaneously in an analytical framework with integrated analysis tools. The objectives of this study are to design a conceptual model of entrepreneurial growth and an assessment model for stakeholder involvement analysis by using a hybrid method. Entrepreneurial growth is indicated by entrepreneurial capability and entrepreneurial ecosystem. Entrepreneurial capability consists of entrepreneurial attitude, entrepreneurial learning capacity, and individual resources. Entrepreneurial ecosystem consists of culture, policies and leadership, appropriate finance, quality human capital, markets for products, as well as institutional supports. The stakeholder involved that analyzed in entrepreneurial growth are local government, private sector, business-focused organizations, nongovernmental organization, research and development agency as well as educational institutions. A hybrid method is an analytical approach that used two techniques analysis in integrated model analysis: Analytical Hierarchy Process for weighting analysis, and Simple Additive Weighting for ranking analysis. The proposed model provides a basic assessment framework that can be used in formulating strategies for entrepreneurial-based economic development.

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“…So it is important to focus all phases of building construction to understand the factors that affect the quality of project [8][9]. It is also required to elaborate the role of management, quality assurance system and its applications in different aspects [10][11].…”

Section: Introductionmentioning

confidence: 99%

Evaluation of Quality during Construction Projects: A Case Study of Pakistan

Khan

Imran

Hussain

2019

Mehran Univ. res. j. eng. technol.

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Achieving and maintaining quality values are indispensable for attaining organizational and customer satisfaction. This research investigates different aspects of operationalize quality culture and factors affecting the quality of building construction in under developed countries like Pakistan. A qualitative and quantitative survey was circulated among different stakeholders including Clients, Consultants and Contractors to assess the level of the contractor’s performance, the project monitoring and controlling techniques, proper health and safety requirements, client satisfaction and workers experience in construction industry projects. The practice of professional quality management in building projects is increasing, however, many flaws and negligence are still found in local practices. This analysis also indicates that political and socio-economic factors play a significant role in maintaining the quality level in local industry. Therefore, the allocation of sufficient resources, proper training of workers, and recruitment of quality control staff and the use of advanced technologies are recommended for proper implementation of QMS (Quality Management System).

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Predictors for the Success and Survival of Entrepreneurs in the Construction Industry

Cited by 22 publications

References 66 publications

Entrepreneurial human capital, role models, and fear of failure and start-up perception of feasibility among adults in Vietnam

Entrepreneurial human capital, role models, and fear of failure and start-up perception of feasibility among adults in Vietnam

Designing an Assessment Model for Entrepreneurial Growth Using a Hybrid Method

Evaluation of Quality during Construction Projects: A Case Study of Pakistan

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