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Effect of Rurality and Human Capital Resources in the Entrepreneurial Opportunity Identification Process / Vpliv ruralnega okolja in človeškega kapitala v procesu zaznavanja podjetniških priložnosti

Author

Listed:
  • Kedmenec Irena

    (Faculty of Organisation and Informatics Varaždin, University of Zagreb, Croatia)

  • Šebjan Urban

    (Faculty of Economics and Business Maribor, University of Maribor, Slovenia)

  • Tominc Polona

    (Faculty of Economics and Business Maribor, University of Maribor, Slovenia)

Abstract

In this paper, that is a country study of Slovenia, we tried to determine why individuals in rural residential areas are less likely to recognize entrepreneurial opportunities. Our results show that the increase in resources in human capital, consisting of education, skills, knowledge, and experiences in entrepreneurship, has a significant and positive effect on opportunity identification. For policy creators, our results suggest that policies focused on entrepreneurial education- especially education that would enable the acquisition of real-life entrepreneurial experiences and skills-are useful, especially in rural areas.

Suggested Citation

  • Kedmenec Irena & Šebjan Urban & Tominc Polona, 2015. "Effect of Rurality and Human Capital Resources in the Entrepreneurial Opportunity Identification Process / Vpliv ruralnega okolja in človeškega kapitala v procesu zaznavanja podjetniških priložnosti," Naše gospodarstvo/Our economy, Sciendo, vol. 61(2), pages 35-44, April.
    • Handle: RePEc:vrs:ngooec:v:61:y:2015:i:2:p:35-44:n:4
    DOI: 10.1515/ngoe-2015-0008
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    References listed on IDEAS

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    1. Arthur L. Dolinsky & Richard K. Caputo & Kishore Pasumarty & Hesan Quazi, 1993. "The Effects of Education on Business Ownership: A Longitudinal Study of Women," Entrepreneurship Theory and Practice, , vol. 18(1), pages 43-53, October.
    2. Steven W. Floyd & Bill Wooldridge, 1999. "Knowledge Creation and Social Networks in Corporate Entrepreneurship: The Renewal of Organizational Capability," Entrepreneurship Theory and Practice, , vol. 23(3), pages 123-144, April.
    3. Pia Arenius & Dirk Clercq, 2005. "A Network-based Approach on Opportunity Recognition," Small Business Economics, Springer, vol. 24(3), pages 249-265, February.
    4. Davidsson, Per & Honig, Benson, 2003. "The role of social and human capital among nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(3), pages 301-331, May.
    5. Israel Kirzner, 2009. "The alert and creative entrepreneur: a clarification," Small Business Economics, Springer, vol. 32(2), pages 145-152, February.
    6. Pia Arenius & Maria Minniti, 2005. "Perceptual Variables and Nascent Entrepreneurship," Small Business Economics, Springer, vol. 24(3), pages 233-247, February.
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