Potential for opportunity recognition: differentiating entrepreneurs

Kishinchand Poornima Wasdani and Mary Mathew

International Journal of Entrepreneurship and Small Business, 2014, vol. 23, issue 3, 336-362

Abstract: The potential for opportunity recognition (ORP) is a skill that single out successful entrepreneurs from unsuccessful ones. The entrepreneurs with high ORP were differentiated from the entrepreneurs with low ORP on the factors that influence their ORP. It was also found that the factors influencing ORP differed with the degree of potential to recognising opportunities. The ORP of entrepreneurs with high potential to recognise opportunities was influenced by bonding social capital, power motivation and level of education attained. Whereas, the ORP of entrepreneurs with low potential to recognise opportunities was influenced by their cognitive style. The implications of this study on mentoring of entrepreneurs are discussed.

Keywords: opportunity recognition; bridging social capital; bonding social capital; power motivation; cognitive styles; MSMEs; micro enterprises; demography; education; gender; work experience; entrepreneurship training; entrepreneurial self-efficacy; successful entrepreneurs; mentoring; small and medium-sized enterprises; SMEs. (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.inderscience.com/link.php?id=65526 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:23:y:2014:i:3:p:336-362

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().