Recognizing Opportunities across Campus: The Effects of Cognitive Training and Entrepreneurial Passion on the Business Opportunity Prototype

Costa, Sílvia Fernandes; Santos, Susana C.; Wach, Dominika; Caetano, António

doi:10.1111/jsbm.12348

Cited by 105 publications

(75 citation statements)

References 89 publications

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“…The environments, be it technology and or changes in economic as it affects products and services in the market. Changes in the environment are essential, and some are less significant to be identified [8]. Nascent entrepreneurs can identify these changes' opportunities or develop new opportunities provided by those changes and focus on those opportunities through entrepreneurial business actions.…”

Section: A Entrepreneurial Attention and Entrepreneurial Opportunitymentioning

confidence: 99%

A Perfect Couple: Entrepreneurial Alertness and Opportunity Identification - A Study of Nascent Entrepreneurs in Nigeria

Odebunmi¹,

Tunde²,

Kee³

et al. 2020

Journal of Southwest Jiaotong University

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The motive of this research paper is to examine entrepreneurial alertness as a determinant for opportunity identification by nascent entrepreneurs in Osun State, Nigeria. Because nascent entrepreneurs have received much attention from stakeholders, there is a dearth of research on nascent entrepreneurs in the Nigerian context. This study used a survey research design. The population of the study was 202 nascent entrepreneurs in Osun State, Nigeria. The study employed a random sampling technique, and 202 questionnaires were administered and ultimately returned while a minimum sample size calculated using G-power was 107 with a medium-size effect of 0.15. Data were analyzed through the SmartPLS. The finding reveals that entrepreneurial munificence determines entrepreneurial alertness than entrepreneurial attention. The result also shows that information mediates the linkage between entrepreneurial attention and entrepreneurial alertness, which is empirically significant. Also, information significantly mediates the connection between entrepreneurial munificence and entrepreneurial alertness. The study concludes that entrepreneurial alertness is a determinant for opportunity identification by nascent entrepreneurs in Osun State, Nigeria.

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Section: A Entrepreneurial Attention and Entrepreneurial Opportunitymentioning

confidence: 99%

A Perfect Couple: Entrepreneurial Alertness and Opportunity Identification - A Study of Nascent Entrepreneurs in Nigeria

Odebunmi¹,

Tunde²,

Kee³

et al. 2020

Journal of Southwest Jiaotong University

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“…From thinking and/or cognitive current, individuals who are potential entrepreneurs usually detect opportunities and minimize latent risks, this is generally achieved through converting experiences into applied knowledge (Miller & Le Breton-Miller, 2017;Tipu, 2015). Studies in this context have shown that the behavior and entrepreneurial passion of individuals is focused on creating, developing, and inventing new ways of doing things, facing problems, and/or creating new prototypes and that it also manages to develop positive impulses, which promote the strengthening of the intentions to undertake (Costa, Santos, Wach, & Caetano, 2018;Neneh, 2019). From the theoretical and empirical review, we emit the following hypothesis (view Figure 1):…”

Section: The Entrepreneurial Passion and The Relationship With The Unmentioning

confidence: 99%

Barriers Affecting the Passion and Entrepreneurial Intention of University of the ITSON

Valdez-Juárez¹,

Lema²,

Ramos-Escobar³

2020

IES

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The purpose of this article is to analyze the internal and external barriers experienced by university students of the Technological Institute of Sonora (ITSON) for the development of entrepreneurship. The study is focused on a sample of 733 students from the areas of engineering, administrative sciences, and social sciences. The field work was carried out during the months of May to September 2018. The controlled statistical technique for data analysis was the structural equation model (SEM) with the support of SMARTPLS software version 3.2.8. The results have revealed that internal creativity barriers are the ones that most negatively impact the entrepreneurial passion of ITSON university students. This research contributes to the development of entrepreneurship literature from the area of psychology and business sciences through planned behavior theory, cognitive theory, and self-determination.

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“…Entrepreneurial passion is a core trait that entrepreneurs must possess, which can encourage entrepreneurs to conduct entrepreneurial behaviors. When entrepreneurs face difficulties, entrepreneurial passion can be used as a support force to keep them going (Costa et al, 2018;Montiel-Campos, 2018). By persisting in entrepreneurial behavior, relentlessly pursuing established goals, and investing a lot of time and energy, entrepreneurs can achieve successful entrepreneurship and obtain economic benefits (Milanesi, 2018).…”

Section: Introductionmentioning

confidence: 99%

The Impact of Entrepreneurial Passion on Psychology and Behavior of Entrepreneurs

2020

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In order to study the influence of entrepreneurial passion on entrepreneurs' psychology and behavior, based on the theory of self-efficacy, a model of relationship between entrepreneurial passion and entrepreneurs' psychology and behavior was constructed, relevant hypotheses were proposed, and the promotion mechanism of entrepreneurial passion on entrepreneurial behavior and enterprise performance was analyzed. A survey of 300 entrepreneurs from Hangzhou, Wenzhou, Jiaxing, Shaoxing, and Huzhou was conducted to verify the reliability of the questionnaire through statistical description and analysis. Then exploratory factor analysis and confirmatory factor analysis (CFA) were conducted to test the correlation between variables. Finally, the structural equation was simulated to verify the correctness of the proposed hypothesis and model. The results show that the designed questionnaire has good reliability [the correction item total correlation coefficients (CITC) of all scales are greater than 0.3, values of Cronbach's α are higher than 0.6], the validity (all inventory accumulation explanation degree are higher than 50%) and the fitting (χ 2 /df values of all scales are less than 3, comparative fitness index (CFI), goodness of fitness index (GFI), and incremental fitness index (IFI) are greater than 0.9, root-mean-square error of approximation (RMSEA) value is less than 0.08). The direct effect of harmonious passion on entrepreneurial persistence and enterprise performance is not significant, while the direct effect of compulsive passion on entrepreneurial persistence and enterprise performance is significant. Harmonious passion (P < 0.001) and compulsive passion (P < 0.01) are significantly correlated with entrepreneurial self-efficacy, and self-efficacy plays a mediating role between entrepreneurial passion and entrepreneur psychology and behavior (P < 0.05), and the hypothesis proposed is basically valid. Therefore, entrepreneurial passion can positively guide the entrepreneurial persistence of entrepreneurs, and at the same time promote the performance of enterprises by stimulating the positive emotions of entrepreneurs. In addition, entrepreneurs can enhance their entrepreneurial role identity, maintain a positive attitude, stimulate creativity, and innovation, to enhance their sense of energy efficiency. The government can also promote successful business cases to build an

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Recognizing Opportunities across Campus: The Effects of Cognitive Training and Entrepreneurial Passion on the Business Opportunity Prototype

Cited by 105 publications

References 89 publications

A Perfect Couple: Entrepreneurial Alertness and Opportunity Identification - A Study of Nascent Entrepreneurs in Nigeria

A Perfect Couple: Entrepreneurial Alertness and Opportunity Identification - A Study of Nascent Entrepreneurs in Nigeria

Barriers Affecting the Passion and Entrepreneurial Intention of University of the ITSON

The Impact of Entrepreneurial Passion on Psychology and Behavior of Entrepreneurs

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