Interpersonal trust, vigilance and social networks roles in the process of entrepreneurial opportunity recognition
Scott R. Gordon
International Journal of Entrepreneurship and Small Business, 2007, vol. 4, issue 5, 564-585
Abstract:
This research examines the roles that an entrepreneur's dispositions to interpersonal trust, and vigilance play in the process of opportunity recognition. An entrepreneur's use of social networks as a resource in opportunity recognition is also examined. The basis of this investigation was an empirical study of Information and Communication Technology (ICT) entrepreneurs in Queensland, Australia. A series of 12 hypotheses were developed and tested in this research. Despite a modest sample size, five of the hypothesised relationships were supported. An entrepreneur's dispositions to both trust and vigilance affected the outcomes of their opportunity identification behaviours. A disposition to excess vigilance inhibited the development of entrepreneurial opportunities. While, an extended social network and a trusting disposition were found to facilitate the development of entrepreneurial opportunities.
Keywords: entrepreneurship; opportunity recognition; social networks; interpersonal trust; vigilance; information technology; communications; ICT entrepreneurs; Australia. (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:4:y:2007:i:5:p:564-585
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