Identification and Creation of Business Opportunities as the Characteristic of the Entrepreneurial Mindset

The 24th World Multi-Conference on Systemics, Cybernetics and Informatics (WMSCI 2020): Proceedings. Vol.3 2020
Irēna Vaivode, Deniss Ščeulovs

The entrepreneurial mindset is defined as a specific state of mind which orientates human conduct towards entrepreneurial activities and outcomes. Identification and creation of business opportunities is characteristic of the entrepreneurial mindset. Harmonious passion, self-efficacy, risk-perception are the factors presence or absence of which determine why individuals approach differently to searching of business opportunities. This statement is confirmed by the research hypothesis.

Keywords
Causation, Effectuation, Entrepreneurial Mindset, Individual Level Characteristics
Hyperlink
http://www.iiis.org/CDs2020/CD2020Summer/papers/SA188NU.pdf

Vaivode, I., Ščeulovs, D. Identification and Creation of Business Opportunities as the Characteristic of the Entrepreneurial Mindset. In: The 24th World Multi-Conference on Systemics, Cybernetics and Informatics (WMSCI 2020): Proceedings. Vol.3, Virtual Conference, 13-16 September, 2020. Winter Garden: International Institute of Informatics and Systemics (IIIS), 2020, pp.108-113. ISBN 978-1-950492-45-9.

Publication language
English (en)