Opportunity recognition attitudes of nascent indigenous entrepreneurs Online publication date: Fri, 13-Jan-2006
by Noel J. Lindsay, Wendy A. Lindsay, Anton Jordaan, Kevin Hindle
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 3, No. 1, 2006
Abstract: This exploratory research aims to fill a gap in the literature. The current theory of entrepreneurial attitude toward opportunity recognition (EOR) is primarily based upon a non-indigenous entrepreneurship theory. Yet, there are significant differences between non-indigenous and indigenous forms of entrepreneurship. Non-indigenous entrepreneurship tends to emphasise economic objectives whereas indigenous entrepreneurship tends to embrace both economic and non-economic objectives. As such, the current EOR theory needs to be expanded to include both non-indigenous and indigenous similarities and differences. This research uses indigenous culture as a context for examining the relationships between personal values, EOR and expected personal success of nascent indigenous entrepreneurs.
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