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Open Access Open Badges Research

Potential for opportunity recognition along the stages of entrepreneurship

Kishinchand Poornima Wasdani1* and Mary Mathew2345

Author Affiliations

1 Department of Management Studies, Indian Institute of Science, Bangalore 560012, India

2 Department of Management Studies, Indian Institute of Science, Bangalore 560012, India

3 Centre for Product Design and Manufacturing, Indian Institute of Science, Bangalore 560012, India

4 Society for Innovation Development, Indian Institute of Science, Bangalore 560012, India

5 Intellectual Property Cell, Indian Institute of Science, Bangalore 560012, India

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Journal of Global Entrepreneurship Research 2014, 2:7  doi:10.1186/2251-7316-2-7

Published: 14 May 2014

Abstract

The study primarily verifies whether ORP differs in stages of entrepreneurship and aims at identifying factors that influence ORP in different stages of entrepreneurship. The stages of entrepreneurship include pre-stage (individuals planning to start ventures), early-stage (entrepreneurs with ventures less than 3 years old) and late-stage (entrepreneurs with ventures more than 3 years in existence). The factors that were studied include personal factors (cognitive style, self-efficacy and motivation) and interpersonal factors (bridging social capital and bonding social capital). The results indicate the influence of different factors in different stages of entrepreneurship.

Keywords:
Entrepreneurship; Social capital; Self-efficacy; Cognitive style and Motivation