Opportunity Recognition: Gender and Family Business Background Comparison

Abstract

<p>Opportunity recognition is the first nascent step towards entrepreneurship. Previous study shows that gender and family business exposure plays a significant role for entrepreneurs to start a business. The objective of this study is to find out if there is any difference in opportunity recognition based on gender and family business background. The sample size of this study is 413 students who are taking the Entrepreneurial Global Innovation subject in the fourth semester at Universitas Ciputra Surabaya, comprising 234 males and 179 females. The data was taken at the end of the semester which also coincided with the pandemic covid-19 situation. The data that has been collected is analyzed using independent sample t-test. The result of the study reveals that there is a difference in opportunity recognition between students with family business backgrounds and students without family business background. The other result of this study is that there is no difference in opportunity recognition between male and female.This study contributes to entrepreneurship education especially in term of opportunity recognition and how it is differ between students who have family business background and those who don’t. Further research needs to be done to ascertain whether gender equality in entrepreneurship has actually been achieved.</p>

Role of Dynamic Capabilities in Moderating the Influence of Entrepreneurial Alertness and Entrepreneurial Intuition on Business Opportunity Recognition in the Café Industry

“…In general, business opportunities arise from changes in the environment in which the individual operates. These changes create imbalances, which an individual can exploit (Scheiner, 2014;Filser et al, 2023;Christina et al, 2020). Business opportunity recognition is defined as a process by which potentially profitable new business ideas are identified by certain people (Christina et al, 2020).…”

“…These changes create imbalances, which an individual can exploit (Scheiner, 2014;Filser et al, 2023;Christina et al, 2020). Business opportunity recognition is defined as a process by which potentially profitable new business ideas are identified by certain people (Christina et al, 2020). Khin and Lim (2018) stated that business owners must have business opportunity recognition in order to exploit opportunities in the market and create new businesses.…”