Download or read book IMPACT OF PSYCHOLOGICAL AND SOCIOLOGICAL FACTORS ON SMALL SCALE ENTREPRENEURS written by Kokila Negi and published by Kokila Negi. This book was released on 2023-02-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of psychological and sociological factors on small scale entrepreneurs refers to how individual and societal factors affect the success or failure of small business ventures. Psychological factors such as self-efficacy, motivation, personality traits, stress, fear of failure, perceived control, goal setting, and emotional intelligence can influence an entrepreneur's decision-making process, risk-taking behavior, and ability to adapt to changing circumstances. Sociological factors such as social norms, culture, social support, family influence, education, government policies, economic conditions, and networking can impact an entrepreneur's access to resources, market opportunities, and social capital. Understanding how these factors interact with each other and impact the entrepreneurial process can provide insights for policymakers, educators, and practitioners to support small business development and promote economic growth. Additionally, by understanding these factors, entrepreneurs can identify potential barriers to success and develop strategies to overcome them, leading to more successful and sustainable ventures. The economic development of any country is dependable on accumulation and availability of resources like human, land, capital and innovative technology. The relatively higher growth of population has led to increase in the volume of unemployment and under employment. Due to recession, fluctuation in international trade and high unemployment, the interest of industrialized countries are constantly suffering. To sustain increasing demand and to generate employment opportunities there is a need of entrepreneur, who bring something new with his ability, can utilize and initiate economic opportunity. The process of integrating resources to create value and utility to end users is known as entrepreneurship. Entrepreneurship is multidimensional and evolving concept consisting of economic, psychological, sociological, political and management perspectives. The basic element of entrepreneurship is to pick-out opportunities, utility creation and mobilization of resources. Entrepreneurship is defined as pre-start, start-up and post-start-up phase of entrepreneurial process with the prime objective of inspiring people to start the business. Due to interest shown by governments all over the world the entrepreneurship policy is attracting, encouraging and retaining entrepreneurs for socio-economic benefits.

Download or read book Psychological and Social Factors That Affect Startups and Small Businesses written by Negi Kokila and published by Independent Author. This book was released on 2023-03-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today in this global world the success stories of entrepreneurs are inspiring our youth newlinevisionaries. Entrepreneurs are the key elements in developing economy like India, newlinethey are the individuals having ability of risk-taking, passion and high innovativeness. newlineTheir skills and initiative help in coordinating means of production and are bringing new products and services in the society. newlineIn entrepreneurship there are number of factors which decide one to be an newlineentrepreneur. These factors are economic, political, managerial, psychological and newlinesociological. The present study Impact of Psychological and Sociological Factors newlineon Small Scale Entrepreneurs is an attempt to find out how these factors inspires, newlinemotivates and encourage one to start business venture and is there any impact of newlinepsychological factor in running business successfully and do sociological factors newlineencourage/discourage entrepreneurs to run their business successfully. The study will newlinealso focus on the challenges and issues faced by small entrepreneurs in their newlineentrepreneurial journey. newlineThe statement of the problem is: - newlineWhile studying psychological and sociological factors the important questions arise, newlineAre these factors fulfilling the objectives of small entrepreneurs and contributing newlinetowards their success? We will get the answers of these questions by analysing the newlineanswers given by respondents in the structured questionnaire. The analysis of data collected from respondents and testing of hypothesis will help in fulfilling the newlineobjectives laid down in the present study. The study will help in finding out major newlinepsychological and sociological factors responsible for encouraging and running newlinebusiness successfully. The present study will also contribute in finding out the newlineimportant role and contribution of government, financial institutions and nongovernment agencies in development and upliftment of small scale entrepreneurs in newlinethe two districts (Kinnaur and Solan) of Himachal Pradesh.

Download or read book The Psychology of Small Business Owners written by Sukanlaya Sawang and published by Frontiers Media SA. This book was released on 2021-12-02 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Entrepreneurial Cognition written by Dean A. Shepherd and published by Springer. This book was released on 2018-01-31 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book investigates the inter-relationship between the mind and a potential opportunity to explore the psychology of entrepreneurship. Building on recent research, this book offers a broad scope investigation of the different aspects of what goes on in the mind of the (potential) entrepreneur as he or she considers the pursuit of a potential opportunity, the creation of a new organization, and/or the selection of an entrepreneurial career. This book focuses on individuals as the level of analysis and explores the impact of the organization and the environment only inasmuch as they impact the individual’s cognitions. Readers will learn why some individuals and managers are able to able to identify and successfully act upon opportunities in uncertain environments while others are not. This book applies a cognitive lens to understand individuals’ knowledge, motivation, attention, identity, and emotions in the entrepreneurial process.

Download or read book The Difference Between Economy And Psychology Factors Influence Enterprise Success written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-05-20 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The psychology of entrepreneurship ( 2015) indicated the psychological data was collected from participants in four mature economies around the world to provide an international perspective on the human aspects of this balance exercise. It explained the psychological differences of entrepreneurs from the four different countries and the varying psychological drivers behind business creation in each of them. In terms of personality traits, entrepreneurs in the UK tended to be more extraverted than those in the other countries, when German entrepreneurs were the most competitive and the most emotionally stable. German entrepreneurs were not found to be any more conscientious then those in the UK or USA. So, it means different country entrepreneurs will have similar psychology of personality traits to the country's entrepreneurs' characteristics generally as well as it is possible that every country's economic environment ( background) factor won't influence why the country's entrepreneur's individual behavior who have similarity generally. Thus, it concludes every country economy environment ( background) factor can influence the country's entrepreneur's individual behavior choice possibly.How factors influence the differences between small-scale and large scale business performance. Some entrepreneurship psychologists indicate factors can influence the differences between small scale and large scale business performance, due to the differences in behavior of entrepreneur and individual's access to strategic resource and socialization process.Buttner & Makhbul ( 2011) explained factors influence business performance includes among many others: their professional background, their entrepreneurship capabilities and performance preferences, cultural and beliefs, as well as the technology and micro-environment.However, I feel the rate of similarities of large or small scale business failure continues to increase because of the obstacles affecting business performance which include: lack of financial resources, lack of management experience, poor location and marketing promotion, low and regulations banned, general economic conditions, as well as critical factors, such as poor infrastructure, corruption, low demand for products and services and poverty. Other factors include storage of raw materials, handicap in obtaining finance, inadequate competent personnel, inability to control costs and problems of dumping of cheap foreign products and others, e.g. difficult to entry the new (old) market, limited access to other enterprises and lack of employment opportunities from labor market supply or lack of attractive treatment from the entrepreneurship. Thus, what factors influence the performance differences small and large scale enterprises. How to determine greatest obstacles and challenges for the operators of small scale businesses to improve effective small scale business development to expand to large scale enterprises.There is no single criterion for classifying business enterprises as small as medium or large scale globally. However, reference is usually made to some quantity measures such as: number of people employed by the enterprise investment outlay, the annual turnover (sales ) and the asset value of the enterprise or a combination of these measures.Generally, small or medium scale enterprises include the production of light consumer products that are primary related to food and beverages, clothing, electrical parts, automotive parts, manufacture, leather product, soap and detergents, woodworks. Small scale businesses are divided into three sectors: production sector of agricultural processing, manufacturing, and mining . Service sectors and trading sector including wholesales and retails.

Download or read book Economy and Psychology Factors Influence Enterprise Success written by Johnny Ch Lok and published by . This book was released on 2019-09-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Attitude can reflect an individual entrepreneur's behavior to evaluate whether what positive or negative psychological factors to influence the entrepreneurs how decide to choose to the behavior for whose entrepreneurial activity and the commercial use of whose research knowledge.The social norms of science which traditionally profit making intention motives are beginning to influence to entrepreneur individual psychology. Thus, it brings this question: How does which combine the economic and psychological perspectives to influence any entrepreneur individual behavior?In economic approach, I feel that human and social capital and expected benefits factors will influence the entrepreneur individual attitudes, perceived behavioral control and social norms of psychological factors to decide how to choose whose academic entrepreneurial intentions to do whose individual behavioral outcome to attempt to solve any barriers to achieve whose academic entrepreneurship behavior.Thus, the psychological factors of attitudes, social norms and perceived behavioral control should be seen as entrepreneur personal intention predictors. Whereas the economic variables refer to external environment influence factors of intention predictors, so called background factors. As such background factors are proposed to affect intentions via the psychological factors. Thus, economic variable factors seem as predictors of attitudes and perceived behavioral control because I believe economic variable factors can be more influential to entrepreneur personal psychological attitude change how to decide to change whose activities to adapt any economic environment to do whose entrepreneurial intention behavior consequently. For example, background ( economic) factors, such as perceived environmental dynamism ( e.g. industry opportunities) or individual skills predict corporate entrepreneurial intentions ( intentions to act entrepreneurially within existing small and newly established companies) indirectly via attitudes and perceived control, but not via social norms.Some psychological research on attitude formation identified several factors as important determinants of behavioral attitudes. For example, the entrepreneur prior behavioral experiences connected with the target behavior, either made during one's own past behavior ( comparable to human capital factors) or made via networks (comparable to social capital factors) are deemed important. Thus, the entrepreneur's positive outcome expectation of beliefs about the likely consequences of a certain behavior result in positive attitudes regarding this behavior when these consequences are valued. ( e.g. financial gains ) are comparable to expected consequences that are indeed valued . ( i.e. financial gains ) are most likely seen as something positive.

Download or read book Social Capital and Entrepreneurship written by Phillip H. Kim and published by Now Publishers Inc. This book was released on 2005 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social Capital and Entrepreneurship concludes by examining the tension between the properties of social networks used in entrepreneurship researchers' models and the limited perspective on networks available to practicing entrepreneurs.

Download or read book From Industry 4 0 to Industry 5 0 written by Allam Hamdan and published by Springer Nature. This book was released on 2023-07-31 with total page 1022 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims at bringing together global researchers to generate thought on how this transition from Industry 4.0 to Industry 5.0 could make a difference to the globe for larger good. The collaboration and interaction between man and machine has given rise to Industry 5.0. With the prime objective of Industry 5.0 to create a benefit for the human beings while tapping on to the advantage of Industry 4.0, in no case, does it replace what has already been achieved. In fact, it brings to light what can be done in order to make life better. While Industry 4.0 offered extraordinary technological advancement, Industry 5.0 reasons out that technology alone is not sufficient to answer everything or provide a solution, but it is an amalgamation of both machine and human interaction to create that difference. In fact, with the impact of widespread digitalization that has led to dehumanization of the industrial makeup, the interest of global researchers has increased toward mapping how the human creativity and brainpower can be reconciled with the intelligent systems that can enhance process efficiency. Industry 5.0 has touched upon some of those key domains which are of much concern and debate globally including resilience (both business and cyber), environment and sustainability, diversity and inclusion, values and ethics, vision and purpose, circular economy, understanding the human–machine collaboration and the ‘human-touch’ in the production process. This transition that has taken place in moving from Industry 4.0 to Industry 5.0 has essentially created a need to pay cognizance to the role of ‘human’ in the process which creates an enhanced focus toward the right kind of skills and competencies, identification of training and developmental needs, talent acquisition and management, safety and wellbeing, future of work as well as hybrid working models. Undeniably, the pace with which Industry 4.0 has been accelerating has bypassed the first three industrial revolutions, which is definitely a consequence of the fast introduction of new and cutting-edge technologies. While organizations are already in analyzing the context, mapping this transition and the flow of activities from Industry 4.0 to 5.0 is gaining attention as Industry 4.0 lacked personalization and customization. This co-existence of man and machine creates a pathway for newer prospects and opportunities to emerge and expand possibilities of personalization with the empowerment of ‘human’ in the production process. This lays the foundation for this book. This book adopts a forward-looking approach by bringing in research and contributions that facilitate in mapping the consereasons, consequences and solutions for ‘man+machine’ across industries. This book serves as a guide not just to academia but also to the industry to adopt suitable strategies that offer insights into global best practices as well as the innovations in the domain.

Download or read book Research Anthology on Small Business Strategies for Success and Survival written by Management Association, Information Resources and published by IGI Global. This book was released on 2021-06-25 with total page 1496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Running a small business provides opportunity for greater success, increased growth, and potentially the chance to move to the global business arena, yet also much more risk. Small businesses not only have less employment, but also less annual revenue than a regular-sized business. With the growth of large corporations and chain businesses, it has become harder to maintain the survival of a small business. The COVID-19 pandemic has also brought more pressure onto the already unsteady survival of small businesses, due to forced closures, decreased agility, fewer technological innovations, and smaller customer bases. The Research Anthology on Small Business Strategies for Success and Survival offers current strategies for small businesses that can be utilized in order to maintain equal footing during challenging times. With the proper strategies available to small business owners, small businesses could not only survive, but also excel despite the environment that surrounds them. Covering topics including decision management, new supportive technologies, sustainable development, and micro-financing, this text is ideal for small business owners, entrepreneurs, startup companies, family-owned and operated businesses, restaurateurs, local retailers, managers, executives, academicians, researchers, and students.

Download or read book The Psychology of Entrepreneurship written by J. Robert Baum and published by Psychology Press. This book was released on 2014-04-16 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is essential for international social and economic well-being, as new ventures are the dominant source of job creation, market innovation, and economic growth in many societies. In this book, a noted group of researchers use findings, methods, and theories of modern psychology as the basis for gaining important, new insights into entrepreneurship-and into the hearts and minds of the talented, passionate professionals who create new business ventures. The Psychology of Entrepreneurship, a volume in the SIOP Organizational Frontiers Series, is the first book written about the psychology of entrepreneurship, and includes over 60 research questions to guide industrial organizational psychology, organizational behavior, and entrepreneurship research about entrepreneurs. It seeks to answer questions such as, how and why do some people, but not others, recognize opportunities, decide to start new ventures, and organize successful, rapidly growing new ventures? Some topics addressed include: methods to help researchers explore the domain of entrepreneurship research; the entire process of starting a new business; characteristics of the individual entrepreneur; the history of entrepreneurship education; the cross-cultural effects of entrepreneurship; and the viewpoints of seasoned psychologists who analyze current entrepreneurship research methods. This book will appeal to teachers, students, and researchers in the areas of industrial organizational psychology, organizational behavior, entrepreneurship, and management.

Download or read book IAAP Handbook of Applied Psychology written by Paul R. Martin and published by John Wiley & Sons. This book was released on 2011-03-01 with total page 857 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IAAP Handbook of Applied Psychology, an up-to-date and authoritative reference, provides a critical overview of applied psychology from an international perspective. Brings together articles by leading authorities from around the world Provides the reader with a complete overview of the field and highlights key research findings Divided into three parts: professional psychology, substantive areas of applied psychology, and special topics in applied psychology Explores the challenges, opportunities, and potential future developments in applied psychology Features comprehensive coverage of the field, including topics as diverse as clinical health psychology, environmental psychology, and consumer psychology

Download or read book Psychological Capital and Beyond written by Fred Luthans and published by Oxford University Press, USA. This book was released on 2015 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although there are as many answers to the question of how organizations can gain competitive advantage in today's global economy as there are books and experts, one lesson seems very clear: traditional answers and resources are no longer sufficient. This seminal book offers not only an answer regarding how to gain competitive advantage through people, but also a brand new, untapped human resource--psychological capital, or simply PsyCap. Generated from both the positive-psychology movement and the authors' pioneering work on positive organizational behavior, PsyCap is a rigorous concept: to be included in PsyCap, a given positive construct must be based on theory, research, and valid measurement, must be open to development, and must have measurable performance impact. The positive constructs that have been determined to best meet these PsyCap criteria--efficacy (confidence), hope, optimism, and resiliency--are covered in separate chapters in Psychological Capital and Beyond. Following an exploration of other potential positive constructs such as creativity, wisdom, well-being, flow, humor, gratitude, forgiveness, emotional intelligence, spirituality, authenticity, and courage, the authors summarize the research demonstrating the performance impact of PsyCap. They go on to provide the PsyCap Questionnaire (PCQ) as a measurement tool, and the PsyCap Intervention (PCI) as a development aid. Psychological Capital and Beyond provides theory, research, measurements, and methods of application for psychological capital, a resource that can be developed and sustained for competitive advantage. Each copy includes a complimentary PsyCap online self-assessment.

Download or read book The Entrepreneurial Personality written by Elizabeth Chell and published by Routledge. This book was released on 2008-05-09 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there such a thing as an 'entrepreneurial personality'? What makes someone an entrepreneur is a question that has intrigued the lay person and the scholar for many years, but can such a personality be identified or is it simply a socially constructed phenomenon? Elizabeth Chell pursues an alternative line of argument: to show that the entreprene

Download or read book Handbook of Research on Small Business and Entrepreneurship written by Elizabeth Chell and published by Edward Elgar Publishing. This book was released on 2014-03-28 with total page 449 pages. Available in PDF, EPUB and Kindle. Book excerpt: This insightful Handbook focuses on behaviour, performance and relationships in small and entrepreneurial firms.

Download or read book Challenges To Entrepreneurs written by Dr G.Tamizharasi Dr N.Panchanatham and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Social Norms in Managerial Decision Making Psychological and or Neural Perspectives written by Xile Yin and published by Frontiers Media SA. This book was released on 2023-02-03 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Social and Psychological Determinants of Value Co creation in the Digital Era written by Ricardo Martinez Cañas and published by Frontiers Media SA. This book was released on 2021-07-21 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: