ISSN: 2222-6990
Open access
Venture creation by both, men and women are essential for economic development. However, studies suggest that gender gap in SMEs in India is highest in the world. Empirical evidence suggest that opportunity recognition is the core of venture creation. While past studies have advanced knowledge on dimensions of individual factors and identified education and experience affecting opportunity recognition, surprisingly, little knowledge have been advanced on the mediating role of opportunity recognition in education, experience and venture creation in context of women entrepreneurs in SME sector in India. The purpose of this article is therefore to propose a conceptual model integrating education, experience, opportunity recognition and venture creation. Based on the synthesis of vast amount of prior literature, a conceptual model of venture creation is developed to explain the relationships amongst the constructs under study. Consequently, testable propositions are proposed for future empirical examinations.
Adomako, S., Danso, A., & Ampadu, E. (2015). Institutional outlook of the entrepreneurial climate in Ghana. International Journal of Social Economics, 42(6), 566–582.
http://doi.org/10.1108/IJSE-09-2013-0206
Agarwal, S., & Lenka, U. (2016). An exploratory study on the development of women entrepreneurs: Indian cases. Journal of Research in Marketing and Entrepreneurship, 18(2). http://doi.org/10.1108/JRME-04-2015-0024
Ahunov, M., & Yusupov, N. (2017). Risk attitudes and entrepreneurial motivations: Evidence from transition economies. Economics Letters, 160, 7–11.
http://doi.org/10.1016/j.econlet.2017.08.016
Ardichvili, A., & Cardozo, R. N. (2000). A Model of the Entrepreneurial Opportunity Recognition Process. Journal of Enterprising Culture, 8, 103–119
http://doi.org/10.1142/S0218495800000073
Arentz, J., Sautet, F., & Storr, V. (2013). Prior-knowledge and opportunity identification. Small Business Economics, 41, 461–478. http://doi.org/10.1007/s11187-012-9437-9
Arruda, C., Nogueira, V. S., & Cozzi, A. (2015). Entrepreneurship in BRICS.
http://doi.org/10.1007/978-3-319-11412-5
Brockman, B. K. (2014). Entrepreneurial alertness in opportunity identification and opportunity development. Journal of Business and Entrepreneurship, 26, 27–44.
Brush, C., Ali, A., Kelley, D., & Greene, P. (2017). The influence of human capital factors and context on women’s entrepreneurship: Which matters more? Journal of Business Venturing Insights, 8(August), 105–113. http://doi.org/10.1016/j.jbvi.2017.08.001
Canedo, J. C., Stone, D. L., Black, S. L., & Lukaszewski, K. M. (2014). Individual factors affecting entrepreneurship in Hispanics. Journal of Managerial Psychology, 29(6), 755–772. http://doi.org/10.1108/JMP-11-2012-0333
Carr, J. C., & Sequeira, J. M. (2013). Prior family business exposure as intergenerational influence and entrepreneurial intent: A Theory of Planned Behavior approach. Journal of Business Research, 60(10), 1090–1098. http://doi.org/10.1016/j.jbusres.2006.12.016
Corno, F., Lal, R., & Colombo, S. (2014). Entrepreneurship and new venture creation-Key elements of the entrepreneurial ecosystem facilitating the growth of ICT Entrepreneurs in Italy. European Scientific Journal, 2(September), 1857–7881.
Dhekale, V. S. (2016). Performance of Women Entrepreneurship in India. International Journal of Management, 7(1), 123–131. http://www.iaeme.com/IJM/issues
Durkin, M., McGowan, P., & McKeown, N. (2013). Exploring social media adoption in small to medium-sized enterprises in Ireland. Journal of Small Business and Enterprise Development, 20(4), 716–734. http://doi.org/10.1108/JSBED-08-2012-0094
Estrin, S., Mickiewicz, T., & Stephan, U. (2016). Human capital in social and commercial entrepreneurship. Journal of Business Venturing, 31(4), 449–467. http://doi.org/10.1016/j.jbusvent.2016.05.003
Fabeil, N. F., Toh, S., & Sung, P. (2017). Motivator and Challenges of Women. 1(February), 111–121.
Farr-Wharton, R., & Brunetto, Y. (2007). Women entrepreneurs, opportunity recognition and government-sponsored business networks: A social capital perspective. Women in Management Review, 22(3), 187–207. http://doi.org/10.1108/09649420710743653
Gaglio, C. M., & Katz, J. A. (2001). The psychological basis of opportunity identification: entrepreneurial alertness. Small Business Economics, 16, 95–111.
http://doi.org/10.1023/A:1011132102464
Gartner, W. B., & Shane, S. A. (1995). Measuring entrepreneurship over time. Journal of Business Venturing, 10(4), 283–301. http://doi.org/10.1016/0883-9026(94)00037
Ghani, E., Kerr, W., & Connell, S. D. O. (2013). Promoting Women’s Economic Participation in India. Journal of Development Economics, (107), 1–6
Hajizadeh, A., & Zali, M. (2016). Prior knowledge, cognitive characteristics and opportunity recognition. International Journal of Entrepreneurial Behaviour and Research, 22(1), 63–83. http://doi.org/10.1108/IJEBR-05-2015-0110
Hani, U., Rachmania, I. N., Setyaningsih, S., & Putri, R. C. (2
In-Text Citation: (Choudhary et al., 2020)
To Cite this Article: Choudhary, J., Hashim, H., Ann, H. J., & Sambasivan, M. (2020). The Mediating Role of Opportunity Recognition Between Education, Experience and Venture Creation by Women Entrepreneurs in India. International Journal of Academic Research in Business and Social Sciences, 10(3), 131–143.
Copyright: © 2020 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode