From Poverty Alleviation to Access Education and Build Aspirations: The Impact of Shift-Persist Strategies on Entrepreneurship Opportunity Development Among Lower Social Class
Aiwen Niu,
Changchun Gao and
Chenhui Yu
SAGE Open, 2025, vol. 15, issue 1, 21582440251328086
Abstract:
Entrepreneurship at the base of the pyramid has profound implications for economic development in impoverished regions. Building upon Timmons’ three-factor theory of entrepreneurship and the resource conservation theory, this study adopts the transition-persistence strategy of entrepreneurs from lower social classes as the focal point, with psychological capital and resourcefulness as dual pathways, constructing an antecedent model of entrepreneurial opportunity development. To investigate this model, the study utilized a two-phase empirical approach. The first study involved a small-scale experiment with 73 participants from specific regions to pilot the investigation, while the second study distributed 405 questionnaires to test the mechanisms of action and boundaries of influence of the shift-persist strategy. Findings revealed that cognitive interventions significantly influenced entrepreneurs’ shift-persist strategy and their levels of entrepreneurial opportunity development. Moreover, psychological capital and resourcefulness partially mediated the relationship between the shift-persist strategy and entrepreneurial opportunity development. Furthermore, market uncertainty exhibited significant positive moderating effects only in the psychological capital pathway, whereas it did not significantly impact the resourcefulness pathway. This study offers a novel perspective for understanding the entrepreneurial behavior of individuals from lower social classes and provides valuable insights for entrepreneurial policies and practices.
Keywords: shift-persist strategy; lower social class entrepreneurs; entrepreneurial opportunity development; psychological capital; resourcefulness; Timmons’ three-factor of entrepreneurship theory; resource conservation theory (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/21582440251328086 (text/html)
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:sae:sagope:v:15:y:2025:i:1:p:21582440251328086
DOI: 10.1177/21582440251328086
Access Statistics for this article
More articles in SAGE Open
Bibliographic data for series maintained by SAGE Publications ().