A Phenomenological Study of the Lived Experiences of the Generation X and Y Entrepreneurs

Khor, Patrick

doi:10.25139/sng.v7i2.363

Cited by 3 publications

(4 citation statements)

References 10 publications

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“…Moreover, Asian Gen Y themselves prefer collective action (Lim, 2014). For them, family members and close friends are the most important people behind their motivation in embarking in entrepreneurship activities (Khor and Mapunda, 2014). In this regard, agropreneurship could be stimulated and motivated by friends’ opinions and involvement.…”

Section: Discussionmentioning

confidence: 99%

Unravelling agropreneurship activities among Malaysian Gen Y

Yusoff¹,

Ahmad

Halim

2019

IJEBR

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Purpose Drawing on the institutional theory and the theory of planned behaviour, the purpose of this paper is to empirically investigate the impact of social institutional and psychological variables on the formation of agropreneurial intention and behaviours using samples from Malaysia. Design/methodology/approach Via a six-month longitudinal study, the paper analyses whether normative forces supplied by subjective norm and social networking impact psychological variables and agropreneurship activities. Findings The model explained a satisfactory percentage of the variance in all five dimensions of agropreneurial behaviour, intention and the psychological variables. The results suggest a certain path in the configuration of agropreneurial intention and behaviour. Research limitations/implications The longitudinal effect of intention on actual agropreneurial behaviour was limited to six months longitudinal time only. Hence, the causality between intention and actual behaviour could not be strongly demonstrated. Nevertheless, future study on agropreneurial behaviour can replicate this study by extending the longitudinal time frame to more than six months. Practical implications Key policy actions should increase the agropreneurial social events such as agropreneurship’s seminars, forums or workshops to exert more normative influence on the young Gen Y. Originality/value This study shows that the development of agropreneurial intention and behaviour is the significant effect of social institutional and psychological influences. The results suggest that six-month period is adequate for Malaysian Gen Y to make appropriate preparation for the establishment of an agropreneurial business.

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Section: Discussionmentioning

confidence: 99%

Unravelling agropreneurship activities among Malaysian Gen Y

Yusoff¹,

Ahmad

Halim

2019

IJEBR

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“…The internet has also affected the economic life of society [18], [19], including the influence on entrepreneurship [20]- [23]. The experts' views are in line with the characteristics of the millennial generation described as a digital generation or generation accustomed to internet technology, as individuals who "like informality," "respect diversity," "free to act," and "learn quickly", [3], [5], [24]- [27].…”

mentioning

confidence: 84%

The Social Construction of Entrepreneurship in the Minangkabau Millennial Generation

Damsar¹,

Indrayani²

2019

Proceedings of the Proceedings of the 2nd International Conference on Local Wisdom, INCOLWIS 2019, August 29-30, 2019, Padang,

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The internet has changed many aspects of human life. The internet has also affected the economic life of the community, including influencing entrepreneurial construction in society. In this regard, it is interesting to find answers to how the process of social construction of entrepreneurship occurs in the generation exposed or affected by the internet, namely the millennial generation. To get answers to these questions, a study was conducted with a qualitative approach. Data was obtained through in-depth interviews with 20 people from the millennial generation involved in a business based on social media. In addition, observations were also made of the business activities of the millennial generation on social media. Data analysis was performed using the Miles and Huberman models. The results of the study show that entrepreneurship from the millennial generation is socially constructed dialectically between traditional social institutions, family, overseas realities, and social media.

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“…Generations Y and Z, [1] have been raised in the online, digital era, characterized by technological advancements and constant connection with new technologies (Tapscott, 2008;Mihalcea et al, 2012). This drives their openness to innovation (Tapscott, 2008;Fletcher et al, 2009;Khor, 2017). There is limited research on innovation among youth-led entrepreneurial businesses, which are presumed to be innovative.…”

Section: Introductionmentioning

confidence: 99%

“…This drives their openness to innovation (Tapscott, 2008; Fletcher et al. , 2009; Khor, 2017). There is limited research on innovation among youth-led entrepreneurial businesses, which are presumed to be innovative.…”

Section: Introductionmentioning

confidence: 99%

Does generation matter to innovation development? A new look at entrepreneurial businesses from the perspective of resource-based view (RBV)

Kariv

Cisneros

Kashy-Rosenbaum

et al. 2022

EJIM

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PurposeResearch shows that innovation is imperative for business competitiveness and that entrepreneurs are stimulators of innovation. This is particularly true for younger entrepreneurs, who are recognized as having technological savvy, high dependency on the web, low fear of change and high zeal for challenges. However, not all businesses headed by younger entrepreneurs innovate, and research on younger entrepreneurs' innovation is lacking. This study assessed the main drivers of innovation in a sample of young Canadian entrepreneurs leading businesses in the initiation phase.Design/methodology/approachA sample of young Canadian entrepreneurs leading businesses in the initiation phase has been employed. This study is based on younger entrepreneurs and draws on the definition of generations Y and Z (Taylor and Keeter, 2010). It examines the initial stage of a business, up to 3 years. The sample includes 100 adults (65% female), whose ages ranged from 18 to 34 years. The drivers to innovate included external support (e.g. mentoring, funds, accelerators) and internal factors, including psychological attributes (i.e. risk-taking) and entrepreneurial motivations. Regression and structural equation modeling analyses have been conducted.FindingsThe findings revealed that entrepreneurial motivations for achieving self-fulfillment and contributing to the world, which are prevalent among younger generations, fostered innovation both directly and indirectly through the mediating effect of external support and risk-taking. External support fostered innovation not directly but through the mediating effect of risk-taking; in contrast, internal factors directly propelled innovation. This finding demonstrates the significance younger generations attribute to internal factors over external factors in the quest for innovation.Practical implicationsThis study can be an intriguing starting point for future studies to examine in more depth the intertwined role of external and internal factors in accelerating innovation among younger entrepreneurs. Studies could examine various psychological attributes and professional and business capabilities (Zahra, 2021) as well as external factors.Originality/valueOur findings add to this literature in stressing the need to strengthen risk-taking among younger entrepreneurs, which is affected by external support and produces innovation; and reinforce the relevance of the resource-based view in revealing younger entrepreneurs' avenues to develop innovation, pinpointing external support as contingent on motivation and demonstrating the role of risk-taking in the pursuit of innovation.

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A Phenomenological Study of the Lived Experiences of the Generation X and Y Entrepreneurs

Cited by 3 publications

References 10 publications

Unravelling agropreneurship activities among Malaysian Gen Y

Unravelling agropreneurship activities among Malaysian Gen Y

The Social Construction of Entrepreneurship in the Minangkabau Millennial Generation

Does generation matter to innovation development? A new look at entrepreneurial businesses from the perspective of resource-based view (RBV)

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