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Factors determining entrepreneurial opportunity recognition and the significant role of education and training
European Journal of Training and Development Pub Date : 2023-12-26 , DOI: 10.1108/ejtd-04-2023-0054
Fredrick Muyia Nafukho , Walid El Mansour

Purpose

The purpose of this paper was to determine the factors that enable entrepreneurial opportunity recognition and the significant role of education and training in enhancing opportunity recognition.

Design/methodology/approach

This paper follows a systematic literature review method to answer the research questions. A systematic literature review allows us to determine the work carried out to date, how it was done, assess literature and report all relevant research. The authors have used the Preferred Reporting Items for Systematic and Meta-Analysis procedure.

Findings

The findings of this study showed that prior knowledge, social networks, external environment, entrepreneurial alertness, creativity, self-efficacy and entrepreneurial passion are the main factors that play a role in the opportunity recognition process. The authors were also able to establish the importance of education and training in enhancing opportunity recognition. Experiential learning is at the forefront of education methods used to improve prior knowledge and experience that directly impact the ability to recognize entrepreneurial opportunities.

Practical implications

The paper provides human resource development practitioners and entrepreneurship educators with factors that determine entrepreneurial opportunity recognition. It pinpoints the factors that can be exploited in enhancing employees and novice entrepreneurs’ ability to recognize viable entrepreneurial opportunities.

Originality/value

Opportunity recognition is recognized as the first step in the entrepreneurship process. Therefore, it is crucial for entrepreneurs to have the ability to recognize opportunities that are viable. Understanding the factors that contribute to a successful opportunity recognition is important. In addition, the role of education and training in opportunity recognition and enhancing entrepreneurial opportunity recognition cannot be overlooked.



中文翻译:

决定创业机会认可的因素以及教育和培训的重要作用

目的

本文的目的是确定促进创业机会识别的因素以及教育和培训在增强机会识别方面的重要作用。

设计/方法论/途径

本文采用系统文献综述的方法来回答研究问题。系统的文献综述使我们能够确定迄今为止已开展的工作、如何完成、评估文献并报告所有相关研究。作者使用了系统分析和荟萃分析程序的首选报告项目。

发现

本研究结果表明,先验知识、社交网络、外部环境、创业警觉性、创造力、自我效能感和创业热情是在机会识别过程中发挥作用的主要因素。作者还确定了教育和培训在增强机会认知方面的重要性。体验式学习是教育方法的前沿,用于提高现有知识和经验,直接影响识别创业机会的能力。

实际影响

该论文为人力资源开发从业者和创业教育者提供了决定创业机会识别的因素。它指出了可以利用哪些因素来提高员工和新手企业家识别可行创业机会的能力。

原创性/价值

机会识别被认为是创业过程的第一步。因此,对于企业家来说,有能力识别可行的机会至关重要。了解有助于成功识别机会的因素非常重要。此外,教育培训在机会识别、增强创业机会识别方面的作用也不容忽视。

更新日期:2023-12-27
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