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 Why Startups Fail written by Tom Eisenmann and published by Currency. This book was released on 2021-03-30 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Download or read book The Difference Between Economy And Psychology Factors written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-05-20 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.Positive psychological factorsI shall indicate the psychological factors to these industries of entrepreneurs need to own, such as financial service and retail industries entrepreneurs' attitude examples as below:Firstly, in financial service industry entrepreneurs are scored the highest in agreeableness ( defined as trust, empathy, tolerance, and kindness) of the three sectors, but they were still more competitive then average for the whole sample. They were also the most emotionally stable and therefore well equipped to deal with the high-pressure nature of financial well.Secondly, in retail sale industry, retail entrepreneurs were the most extraverted of the three sectors. By contrast, entrepreneurs in finance and technology tended to be more happy in their own company, scoring significantly high average in happy feeling. Retail entrepreneurs were also less likely to take financially risky decisions and were more luck rather than in their own ability to control external events.Thus, it seems these both industry entrepreneurs need have these positive psychological factors to create whose new businesses of who want be one successful entrepreneur. So, their attitudes include these psychological characteristics, such as risk propensity, open, conscientiousness, extraversion, agreeableness, neuroticism, self-efficacy, autonomy need, autonomy attitude, initiative, innovativeness, achievement motivation, focus of control.

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 Entrepreneurial Behaviour written by Andrea Caputo and published by Emerald Group Publishing. This book was released on 2020-08-28 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success, longevity, and survival of SMEs are deeply linked to the effectiveness of individual decision-making processes, and established firms need to develop an entrepreneurial and innovative decision-making processes to maintain competitive advantages in a continuously changing and increasingly turbulent environment.

Download or read book Start up Cultures in Times of Global Crises written by Arie Hans Verkuil and published by Springer Nature. This book was released on with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Understanding Startups From Idea to Market written by Yenchun Jim Wu and published by Frontiers Media SA. This book was released on 2022-04-08 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Entrepreneurship and Economic Growth written by David B. Audretsch and published by Oxford University Press. This book was released on 2006-04-27 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

Download or read book Hybrid Ventures written by Andrew C. Corbett and published by Emerald Group Publishing. This book was released on 2017-11-22 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains an Open Access chapter. Various perspectives on hybrid ventures are explored in this volume, incl. the costs to all when some entrepreneurs do not pursue hybrid approaches, whether hybrid ventures are, or should be, the new norm, and whether the social, environmental, and economic value are distinct and should be separated from each other.

Download or read book Spontaneous Venturing written by Dean A. Shepherd and published by MIT Press. This book was released on 2019-01-15 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifying a new approach to disaster response: spontaneous, compassionate, and impromptu actions to alleviate suffering. In Spontaneous Venturing, Dean Shepherd and Trenton Williams identify and describe a new approach for responding to disaster and suffering: the local organizing of spontaneous, compassionate, and impromptu actions—the rapid emergence of a compassionate venture. This approach, termed by the authors “spontaneous venturing,” can be more effective than the traditional “command-and-control” methods of large disaster relief organizations. It can customize and target resources and deliver them quickly, helping victims almost immediately. For example, during the catastrophic 2009 bushfires in Victoria, Australia—the focal disaster for the book—residents organized an impromptu relief center that collected and distributed urgently needed goods without red tape. Special bonds and friendships formed among the volunteers and victims; some were both volunteer and victim. Many victims were able to mobilize resources despite considerable personal losses. Shepherd and Williams describe the lasting impact of disaster and tell the stories of Victoria residents who organized in the aftermath of the bushfires. They consider the limitations of traditional disaster relief efforts and explain that when victims take action to help others, they develop behavioral, emotional, and assumptive resilience; venturing leads to social interaction, community connections, and other positive outcomes. Finally, they explore spontaneous venturing in a less-developed country, investigating the activities of Haitians after the devastating 2010 earthquake. The lesson for communities hit by disaster: find opportunities for compassionate action.

Download or read book The Founder s Dilemmas written by Noam Wasserman and published by Princeton University Press. This book was released on 2013-04 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Founder's Dilemmas examines how early decisions by entrepreneurs can make or break a startup and its team. Drawing on a decade of research, including quantitative data on almost ten thousand founders as well as inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, Noam Wasserman reveals the common pitfalls founders face and how to avoid them.

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 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 Personality Traits of Entrepreneurs written by Sari Pekkala Kerr and published by Foundations and Trends (R) in Entrepreneurship. This book was released on 2018-07-04 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collects and organize the latest findings on the prevalence of various personality traits among the entrepreneurial population and their impact on venture performance covering academic work ranging from economics to psychology to management studies.

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 HBR s 10 Must Reads on Entrepreneurship and Startups featuring Bonus Article Why the Lean Startup Changes Everything by Steve Blank written by Harvard Business Review and published by Harvard Business Press. This book was released on 2018-01-23 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The best entrepreneurs balance brilliant business ideas with a rigorous commitment to serving their customers' needs. If you read nothing else on entrepreneurship and startups, read these 10 articles by experts in the field. We've combed through hundreds of articles in the Harvard Business Review archive and selected the most important ones to help you build your company for enduring success. Leading experts and practitioners such as Clayton Christensen, Marc Andreessen, and Reid Hoffman provide the insights and advice that will inspire you to: Understand what makes entrepreneurial leaders tick Know what matters in a great business plan Adopt lean startup practices such as business model experimentation Be prepared for the race for scale in Silicon Valley Better understand the world of venture capital--and know what you'll get along with VC funding Take an alternative approach to entrepreneurship: buy an existing business and run it as CEO This collection of articles includes "Hiring an Entrepreneurial Leader," by Timothy Butler; "How to Write a Great Business Plan," by William A. Sahlman; "Why the Lean Start-Up Changes Everything," by Steve Blank; "The President of SRI Ventures on Bringing Siri to Life," by Norman Winarsky; "In Search of the Next Big Thing," an interview with Marc Andreessen by Adi Ignatius; "Six Myths About Venture Capitalists," by Diane Mulcahy; "Chobani's Founder on Growing a Start-Up Without Outside Investors," by Hamdi Ulukaya; "Network Effects Aren’t Enough," by Andrei Hagiu and Simon Rothman; "Blitzscaling," an interview with Reid Hoffman by Tim Sullivan; "Buying Your Way into Entrepreneurship," by Richard S. Ruback and Royce Yudkoff; and "The Founder's Dilemma," by Noam Wasserman.

Download or read book Which Factors Determine the Success Or Failure of Startup Companies A Startup Ecosystem Analysis of Hungary Germany and the US written by Christoph Kotsch and published by Anchor Academic Publishing. This book was released on 2017-09 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: As more and more startup companies are founded every year worldwide, building up one’s own business does not get easier. Since 9 out of 10 startups fail, future entrepreneurs are well advised to take a look at potential reasons for failure and success. Learning from others’ mistakes and studying success stories can improve their own performance and help to avoid critical errors. The academic paper at hand will provide valuable insights for entrepreneurs. It not only states the most important terms concerning startups but also lists the most important factors for a startup company’s success, according to literature review. Delineating both internal and external factors, this thesis not only delivers a synoptic view of potential challenges inside a startup as well as in its ecosystem, but also juxtaposes these influences in opposition. The second part of this paper analyzes a series of interviews with twelve startup founders from three different regions (the province of North-Rhine Westphalia in Germany, Budapest in Hungary and the state of California in the US). Their views and experiences will be summarized and put into the context of their respective startup ecosystem.