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Factors Influencing Individualistic Entrepreneurial Orientation

Author

Listed:
  • Mahendar Kumar

    (Greenwich University, Karachi, Pakistan)

  • Salman Bashir Memon

    (Shah Abdul Latif University, Khairpur, Pakistan)

  • Mustafa Fedai ÇAVU ̧S

    (Kyrgyz-Turkish Manas University, Bishkek, Kyrgyzstan)

Abstract

The study is conducted empirically in order to explore the phenomenon of Individualistic Entrepreneurial Orientation (IEO) in terms of market opportunities, social capital and personal attributes. The study was guided by Miller (1983), Lumpkin and Dess (1996), Granovetter (1985) and (John, P., & Soto, 2008). The study was based on post-positivism philosophy and it was quantitative in nature that used non-probabilistic convenience sampling. However, the collected data was analyzed through three different statistical tests, Spearman, Pearson and Regression analysis. The first two statistical tests Pearson and Spearman were applied on first three hypotheses and regression analysis on last hypothesis. Hence, it was found that, there is a significant relationship between market opportunities and IEO of business students in Pakistan as the p value was less than 0.05. Similarly, when the second hypothesis was tested, it was observed that, there is a significant relationship between social capital and IEO of business students in Pakistan. Furthermore, when third hypothesis was tested, it was found ultimately that, there is a significant relationship between personal attributes and IEO of business students in Pakistan. Finally, when last but not the least, hypothesis was tested by applying linear regression, it was resulted that, there is a significant relationship between cumulative impact of market opportunities, social capital, personal attributes and IEO of business students in Pakistan. Therefore, it can be concluded with some certainty that, the three factors (market opportunities, social capital, personal attributes) do influence on the decision making of university business’ students while deciding, whether to take the path of entrepreneurship or not.

Suggested Citation

  • Mahendar Kumar & Salman Bashir Memon & Mustafa Fedai ÇAVU ̧S, 2020. "Factors Influencing Individualistic Entrepreneurial Orientation," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 6(5), pages 225-235.
  • Handle: RePEc:apa:ijbaas:2020:p:225-235
    DOI: 10.20469/ijbas.6.10001-5
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    References listed on IDEAS

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    1. Danny Miller, 1983. "The Correlates of Entrepreneurship in Three Types of Firms," Management Science, INFORMS, vol. 29(7), pages 770-791, July.
    2. Francisco Liñán & Alain Fayolle, 2015. "A systematic literature review on entrepreneurial intentions: citation, thematic analyses, and research agenda," Post-Print hal-02014027, HAL.
    3. Peter Lewin, 2015. "Entrepreneurial opportunity as the potential to create value," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 28(1), pages 1-15, March.
    4. Purevdulam Altantsetseg & Kun-Cheng Chen & Man-Ling Chang, 2017. "Male and female leaders’ entrepreneurial leadership: A comparative study of Mongolia, Taiwan and Thailand on leader-member exchange," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 3(3), pages 145-153.
    5. Niels Bosma & Jeroen Content & Mark Sanders & Erik Stam, 2018. "Institutions, entrepreneurship, and economic growth in Europe," Small Business Economics, Springer, vol. 51(2), pages 483-499, August.
    6. Tobias Kollmann & Julia Christofor & Andreas Kuckertz, 2007. "Explaining individual entrepreneurial orientation: conceptualisation of a cross-cultural research framework," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 4(3), pages 325-340.
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    Cited by:

    1. Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.

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