International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
Intoduction to management with special emphasis to Human Resource ManagementKVASU
This document provides an introduction to management concepts, including definitions of management, levels of management, and management functions. Some key points:
- Management involves coordinating organizational resources to achieve goals. It can refer to a discipline, group of people, or process.
- Common definitions of management focus on planning, organizing, leading, and controlling organizational resources.
- Managers perform interpersonal, informational, and decisional roles at different levels within organizations.
- The management functions of planning, organizing, staffing, directing, and controlling are used to efficiently achieve organizational goals.
- Effective resource management is important for organizational performance and involves efficiently using resources like time, money, materials and people.
This document discusses entrepreneurship, including its evolution, schools of thought, theories, stages, cycle, and essential criteria. It covers several topics:
- The history of entrepreneurship from the Industrial Revolution to modern times and influential eras like the post-war period.
- Different schools of thought on entrepreneurship including macro views on external factors and micro views focusing on internal control. It also discusses theories like risk-bearing, innovation, and strategic formulation.
- The typical stages of entrepreneurship like seed and development, start-up, growth, expansion, and maturity or exit.
- Frameworks for analyzing the business environment including scanning, monitoring, forecasting, and assessing.
- Es
This document discusses entrepreneurship and the characteristics of successful entrepreneurs. It provides examples of famous entrepreneurs like G.D. Birla, Dhiru Bhai Ambani, and Ratan Tata. It also discusses theories of entrepreneurship including sociological, economic, cultural, and psychological theories. The document emphasizes that entrepreneurship is influenced by social, economic, and cultural factors as well as individual psychological characteristics.
The personality perspective views entrepreneurs as having inherent personality traits. However, research into specific traits like achievement motivation, risk-taking, and locus of control has produced inconclusive and contradictory findings. While some studies have identified common traits in entrepreneurs, the diversity of samples and definitions has made generalizing difficult. A more useful view is that entrepreneurial traits can develop through experience rather than being fixed, and that individuals exist on a spectrum of entrepreneurial behavior.
Enhancement of critical thinking skills of vocational and adult education stu...Alexander Decker
This document discusses strategies for enhancing critical thinking skills among vocational and adult education students in Nigeria. It finds that skills like analyzing, evaluating, and challenging assumptions are important. Some identified strategies include debate, group discussion, solving problems/puzzles, and capacity building programs for lecturers. The goal is to develop students' critical thinking to promote entrepreneurship and employability.
Entrepreneur Development Process at Family Environment to National and Global...inventionjournals
This document summarizes a study on the entrepreneur development process of an individual from their family, national, and global environments. The study examines Alim Markus, the founder of PT Maspion, who developed his business from a small oil lamp factory into a large conglomerate. The summary is:
1) From their family environment, the entrepreneurship formation process was influenced by economic problems and capital constraints that led Markus to work in a factory and help expand his father's business.
2) From the national environment, business expansion plans with his siblings contributed to his entrepreneurial development.
3) In the global environment, long-term business development efforts pioneering national and international joint ventures contributed to
This document discusses the concept and context of entrepreneurship development. It provides an overview of how entrepreneurial activity has emerged in developing countries as they transition from subsistence to market economies. It then reviews several major theories and definitions of entrepreneurship proposed by economists and social scientists over time, focusing on risk-taking, innovation, and exploiting opportunities. Finally, it examines alternative socio-cultural, psychological, trait-based, and demographic approaches that have been used to understand entrepreneurial behavior.
This document summarizes several theories of entrepreneurship from economic, sociological, and psychological perspectives. It discusses theories such as the economic theory viewing entrepreneurs as risk takers, the sociological theory that entrepreneurship is influenced by social and cultural values, and the psychological theory of achievement motivation positing that individuals with a high need for achievement are more likely to become entrepreneurs. It also summarizes theories related to status withdrawal, social change, leadership, personality, and systematic innovation.
Intoduction to management with special emphasis to Human Resource ManagementKVASU
This document provides an introduction to management concepts, including definitions of management, levels of management, and management functions. Some key points:
- Management involves coordinating organizational resources to achieve goals. It can refer to a discipline, group of people, or process.
- Common definitions of management focus on planning, organizing, leading, and controlling organizational resources.
- Managers perform interpersonal, informational, and decisional roles at different levels within organizations.
- The management functions of planning, organizing, staffing, directing, and controlling are used to efficiently achieve organizational goals.
- Effective resource management is important for organizational performance and involves efficiently using resources like time, money, materials and people.
This document discusses entrepreneurship, including its evolution, schools of thought, theories, stages, cycle, and essential criteria. It covers several topics:
- The history of entrepreneurship from the Industrial Revolution to modern times and influential eras like the post-war period.
- Different schools of thought on entrepreneurship including macro views on external factors and micro views focusing on internal control. It also discusses theories like risk-bearing, innovation, and strategic formulation.
- The typical stages of entrepreneurship like seed and development, start-up, growth, expansion, and maturity or exit.
- Frameworks for analyzing the business environment including scanning, monitoring, forecasting, and assessing.
- Es
This document discusses entrepreneurship and the characteristics of successful entrepreneurs. It provides examples of famous entrepreneurs like G.D. Birla, Dhiru Bhai Ambani, and Ratan Tata. It also discusses theories of entrepreneurship including sociological, economic, cultural, and psychological theories. The document emphasizes that entrepreneurship is influenced by social, economic, and cultural factors as well as individual psychological characteristics.
The personality perspective views entrepreneurs as having inherent personality traits. However, research into specific traits like achievement motivation, risk-taking, and locus of control has produced inconclusive and contradictory findings. While some studies have identified common traits in entrepreneurs, the diversity of samples and definitions has made generalizing difficult. A more useful view is that entrepreneurial traits can develop through experience rather than being fixed, and that individuals exist on a spectrum of entrepreneurial behavior.
Enhancement of critical thinking skills of vocational and adult education stu...Alexander Decker
This document discusses strategies for enhancing critical thinking skills among vocational and adult education students in Nigeria. It finds that skills like analyzing, evaluating, and challenging assumptions are important. Some identified strategies include debate, group discussion, solving problems/puzzles, and capacity building programs for lecturers. The goal is to develop students' critical thinking to promote entrepreneurship and employability.
Entrepreneur Development Process at Family Environment to National and Global...inventionjournals
This document summarizes a study on the entrepreneur development process of an individual from their family, national, and global environments. The study examines Alim Markus, the founder of PT Maspion, who developed his business from a small oil lamp factory into a large conglomerate. The summary is:
1) From their family environment, the entrepreneurship formation process was influenced by economic problems and capital constraints that led Markus to work in a factory and help expand his father's business.
2) From the national environment, business expansion plans with his siblings contributed to his entrepreneurial development.
3) In the global environment, long-term business development efforts pioneering national and international joint ventures contributed to
This document discusses the concept and context of entrepreneurship development. It provides an overview of how entrepreneurial activity has emerged in developing countries as they transition from subsistence to market economies. It then reviews several major theories and definitions of entrepreneurship proposed by economists and social scientists over time, focusing on risk-taking, innovation, and exploiting opportunities. Finally, it examines alternative socio-cultural, psychological, trait-based, and demographic approaches that have been used to understand entrepreneurial behavior.
This document summarizes several theories of entrepreneurship from economic, sociological, and psychological perspectives. It discusses theories such as the economic theory viewing entrepreneurs as risk takers, the sociological theory that entrepreneurship is influenced by social and cultural values, and the psychological theory of achievement motivation positing that individuals with a high need for achievement are more likely to become entrepreneurs. It also summarizes theories related to status withdrawal, social change, leadership, personality, and systematic innovation.
Most entrepreneurs often start a new enterprise ignorant of many key dimensions of running their enterprises and must obtain the necessary information if they are to survive. This study searches to generalize entrepreneurial success with the purpose of providing insights to entrepreneurial venture management. The conclusion expresses that entrepreneurial success depends on growing industries, financial capital, market attractiveness, environmental favorableness, entrepreneur's personality traits, and social networks.
This document summarizes a study that investigated factors that determine new venture creation among Muslim entrepreneurs (Muslimpreneurs). The study examined how Islamic motivation, entrepreneurial capabilities, Muslimpreneur characteristics, and social capital relate to readiness for new venture creation. It also looked at whether entrepreneurship training moderates these relationships. Data was collected from 439 students at Universiti Sains Islam Malaysia across various faculties. The results found that Islamic motivation, entrepreneurial capabilities, and Muslimpreneur characteristics were significantly related to new venture creation readiness, but social capital was not. Training was found to moderate the relationships between the factors and new venture creation readiness.
Entrepreneurship development in agriculture provides many opportunities for entrepreneurs. These include diversifying crops, organic farming, food processing and packaging, floriculture, and producing agro-inputs. Entrepreneurs in agriculture require certain characteristics like being a risk taker, goal-setter, hard worker, and flexible. Developing these skills can expand entrepreneurship in agriculture and help utilize resources, generate employment, and boost farm incomes and rural development.
Economic and Psychological theories of Entrepreneurial motivationMohit Garg
This document discusses economic and psychological theories of entrepreneurial motivation. It outlines several theories including economic theories, Joseph Schumpeter's innovation theory, and psychological theories. The economic theories state that entrepreneurship is motivated by favorable economic conditions and incentives like taxation policy. Schumpeter's innovation theory posits that entrepreneurship involves introducing new products, markets, production methods, and organizations. Psychological theories argue that entrepreneurship stems from individuals possessing traits like a need for achievement, vision, risk-taking, and self-reliance formed through upbringing.
About Entrepreneurship Development , Need, types, functions, characteristics, barriers, Entrepreneurship Development Cycle
Life cycle of a Business venture
Identification of Potential Entrepreneurs
Strategies for ED
Business Incubation
This document discusses entrepreneurship and provides information about entrepreneurs and their characteristics. It begins by defining entrepreneurship and describing the different types of entrepreneurial activities and organizations that support entrepreneurs. It then discusses the stages of evolution of entrepreneurship from hunting and pastoral stages to the current industrial stage. The document also differentiates between entrepreneurs and intrapreneurs as well as entrepreneurs and managers. Finally, it outlines several key attributes of successful entrepreneurs such as having a vision, belief in themselves, a clear plan, focus on customers, thinking creatively, and building a strong team.
Entrepreneurship and economic development are intimately related. So, that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country, entrepreneurship is indispensable for economic development. Entrepreneurship is an approach to management that can be applied in start-up situations as well as within more established businesses.
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...abhijeet verma
This document discusses challenges faced by entrepreneurs in India. It begins by introducing entrepreneurs and their role in economic growth. In India, many youth lack skills and education exposes most to only seeking jobs rather than entrepreneurship. Entrepreneurs face challenges such as lack of funding, mentorship, and operational difficulties. The government is working to address this through policies focused on skills and entrepreneurship. The rest of the document categorizes Indian entrepreneurs based on various factors such as sector, revenues, employment levels, age, background, gender, location, and time period. It provides statistics on the makeup of entrepreneurs across these categories.
This document outlines several theories of entrepreneurship, including:
- Risk bearing theory of Knight which sees entrepreneurs earning profits by undertaking risk and uncertainty.
- Innovation theory of Schumpeter which views entrepreneurs as innovators who introduce new products, processes etc.
- Leibenstein's X-efficiency theory which examines the role of entrepreneurs in improving efficiency.
- McClelland's achievement motivation theory which proposes that individuals with a strong need for achievement are more likely to become entrepreneurs.
- Cultural values theory of Cochran which argues that entrepreneurial performance is influenced by societal attitudes and expectations.
Entrepreneur
Entrepreneurship
Functions of Entrepreneur
Type of Entrepreneur
Entrepreneur and Entrepreneurship
Stages of Entrepreneurial Process
Role of Entrepreneurs in Economic Development.
Creativity and Innovation
Innovation and Entrepreneurship
The Business Plan
The Characteristics of Muslim Woman Entrepreneur: A Study of Managing Directo...inventionjournals
Most scientific papers and academic articles emphasized the concept, principles, values and characteristics of Islamic entrepreneurship. Few of researcher try to analyze the attitudes and experiences and practices of Islam, particularly, among women entrepreneurs. Thus, this paper will attempt to show Islam entrepreneurial practices and how these practices are implemented by Muslim women entrepreneurs through the methodology proposed in this paper. Sources of information are reading literature especially the translated version of Qur'an and other materials on entrepreneurs. Islam is not against women working or contributing their worth in business. Muslim women in Malaysia also given a role, duties and rights. The study was conducted on Managing Director in Syarikat Faiza Sdn Bhd., due to her business is developed and long-lasting. Therefore, this study will try to look at the characteristics possessed by her as well as in its business practices.
Weber’s Theory of social change
Hoselitz Sociological Theory
Trait Theory of Entrepreneurship
Economic Theory of Entrepreneurship
Theory of Innovation by Schumpeter
Theory of Psychology by McClelland
Leibenstein’s X-Efficiency Theory
Role of entrepreneurs in economic developmentShanson Shaji
Entrepreneurs play a key role in the economic development of a country by mobilizing idle savings, creating employment opportunities, promoting regional development, reducing concentration of economic power, stimulating equitable redistribution of wealth, encouraging resource utilization, inducing backward and forward linkages, and promoting export trade. They serve as catalysts for economic growth and development.
Traditional Indian society and its emphasis on hereditary occupations, caste system, and religious values have hindered entrepreneurship. Additionally, lack of infrastructure, enterprising mentality, capital, and training facilities present challenges. Socio-cultural factors like fatalism, rigid social norms, and resistance to change have also slowed entrepreneurial progress in India. Competition from large industrial houses and public sector further limits opportunities for new entrepreneurs.
This content will help students to understand the fundamental concepts of entrepreneurship with a clear and easy understanding.
This content is not only for beginners but also advanced level learners. If you have any queries you can regarding this content reach out to me by email. kakarat433@gmail.com
A presentation on how important entrepreneurship education is to various levels of institution. Entrepreneurship is the core of our module. This is for entrepreneurial idea in entrepreneurship establishments.
The document discusses various theories of entrepreneurship from sociological, economic, cultural, and psychological perspectives. It summarizes Max Weber's theory of religious beliefs which argues that entrepreneurial spirit is influenced by religious beliefs. It also outlines Everett Hagen's social change theory that entrepreneurial creativity drives social transformation. The document examines Joseph Schumpeter's theory of innovation which defines entrepreneurship as introducing new combinations. It discusses Peter Drucker's view of the entrepreneur as someone who responds to change by exploiting opportunities through innovation and recognizing resources.
The document discusses why the author chose to study at West Coast University. It highlights the benefits of smaller class sizes which allow for more individual attention from lecturers. It also emphasizes the university's focus on practical, hands-on learning through industry projects and bringing industry professionals onto campus. West Coast University aims to produce versatile, skilled graduates who are ready for the rapidly changing world.
ENTREPRENEURIAL STUDIES IN NIGERIA: DEPTHS, TRENDS AND CHALLENGESIJESM JOURNAL
All economic advancements the world over is orchestrated by entrepreneurial learning, research and development. Consequently, the paper examines entrepreneurial studies, depths, trends and challenges in Nigeria. The paper conceptualizes entrepreneurship as anchored on generating ideas that are applicable, economic and commercial in nature in the entire gamut of human endeavor. It traces the entrepreneurial trends in Nigeria since its amalgamation, describes the role of the Nigerian government as a participant, regulator and facilitator, both legally and politically in the development of entrepreneurship studies and practice. The paper identifies lack of political will to implement national economic development policies, corruption and lack of team work among other variables as the major challenges of entrepreneurship development in Nigeria. The analytical tool adopted for this paper is descriptive method which centered on analyzing the different entrepreneurship policies of the government and drawing inferences from them. The paper concludes that entrepreneurship development in Nigeria could be facilitated if government and her agencies muster the will power to implement articulated national economic policies
This document discusses social entrepreneurship and provides several examples of social enterprises. It begins by defining social entrepreneurship as using business practices to create social and economic change, with a focus on alleviating poverty. Social entrepreneurs tackle social issues by creating sustainable organizations. The document then contrasts social entrepreneurs with business entrepreneurs and NGOs. It provides details on four case studies of social enterprises - Arogya Financing, LV Prasad Eye Institute, Ayzh, and BasicNeeds Workforce Training - that address issues like healthcare access, eye care, maternal health, and mental healthcare. The document emphasizes that social entrepreneurs operate with the goal of social change rather than just profit.
The Lincoln High School competitive cheer teams are hosting a fundraiser event at the Buffalo Wild Wings in Ypsilanti on November 18th, 2012. Friends and families are invited to dine-in or carry-out from opening until closing, and 20% of sales accompanied by a certificate will be donated back to support the Lincoln High cheer programs.
The Pro Whey System X (PWSX) is a protein shake made with organic ingredients that provides health and fitness education. It contains whey protein and comes in different flavors. PWSX's marketing campaign will begin in Karachi, Pakistan by conducting classes and partnering with gyms and health stores. The shakes and supplemental materials will educate customers on nutrition and exercise through various package options and online/social media presence.
Most entrepreneurs often start a new enterprise ignorant of many key dimensions of running their enterprises and must obtain the necessary information if they are to survive. This study searches to generalize entrepreneurial success with the purpose of providing insights to entrepreneurial venture management. The conclusion expresses that entrepreneurial success depends on growing industries, financial capital, market attractiveness, environmental favorableness, entrepreneur's personality traits, and social networks.
This document summarizes a study that investigated factors that determine new venture creation among Muslim entrepreneurs (Muslimpreneurs). The study examined how Islamic motivation, entrepreneurial capabilities, Muslimpreneur characteristics, and social capital relate to readiness for new venture creation. It also looked at whether entrepreneurship training moderates these relationships. Data was collected from 439 students at Universiti Sains Islam Malaysia across various faculties. The results found that Islamic motivation, entrepreneurial capabilities, and Muslimpreneur characteristics were significantly related to new venture creation readiness, but social capital was not. Training was found to moderate the relationships between the factors and new venture creation readiness.
Entrepreneurship development in agriculture provides many opportunities for entrepreneurs. These include diversifying crops, organic farming, food processing and packaging, floriculture, and producing agro-inputs. Entrepreneurs in agriculture require certain characteristics like being a risk taker, goal-setter, hard worker, and flexible. Developing these skills can expand entrepreneurship in agriculture and help utilize resources, generate employment, and boost farm incomes and rural development.
Economic and Psychological theories of Entrepreneurial motivationMohit Garg
This document discusses economic and psychological theories of entrepreneurial motivation. It outlines several theories including economic theories, Joseph Schumpeter's innovation theory, and psychological theories. The economic theories state that entrepreneurship is motivated by favorable economic conditions and incentives like taxation policy. Schumpeter's innovation theory posits that entrepreneurship involves introducing new products, markets, production methods, and organizations. Psychological theories argue that entrepreneurship stems from individuals possessing traits like a need for achievement, vision, risk-taking, and self-reliance formed through upbringing.
About Entrepreneurship Development , Need, types, functions, characteristics, barriers, Entrepreneurship Development Cycle
Life cycle of a Business venture
Identification of Potential Entrepreneurs
Strategies for ED
Business Incubation
This document discusses entrepreneurship and provides information about entrepreneurs and their characteristics. It begins by defining entrepreneurship and describing the different types of entrepreneurial activities and organizations that support entrepreneurs. It then discusses the stages of evolution of entrepreneurship from hunting and pastoral stages to the current industrial stage. The document also differentiates between entrepreneurs and intrapreneurs as well as entrepreneurs and managers. Finally, it outlines several key attributes of successful entrepreneurs such as having a vision, belief in themselves, a clear plan, focus on customers, thinking creatively, and building a strong team.
Entrepreneurship and economic development are intimately related. So, that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country, entrepreneurship is indispensable for economic development. Entrepreneurship is an approach to management that can be applied in start-up situations as well as within more established businesses.
CHALLENGES LIKELY TO BE FACED BY AN ENTREPRENEUR IN A COUNTRY LIKE INDIA FINA...abhijeet verma
This document discusses challenges faced by entrepreneurs in India. It begins by introducing entrepreneurs and their role in economic growth. In India, many youth lack skills and education exposes most to only seeking jobs rather than entrepreneurship. Entrepreneurs face challenges such as lack of funding, mentorship, and operational difficulties. The government is working to address this through policies focused on skills and entrepreneurship. The rest of the document categorizes Indian entrepreneurs based on various factors such as sector, revenues, employment levels, age, background, gender, location, and time period. It provides statistics on the makeup of entrepreneurs across these categories.
This document outlines several theories of entrepreneurship, including:
- Risk bearing theory of Knight which sees entrepreneurs earning profits by undertaking risk and uncertainty.
- Innovation theory of Schumpeter which views entrepreneurs as innovators who introduce new products, processes etc.
- Leibenstein's X-efficiency theory which examines the role of entrepreneurs in improving efficiency.
- McClelland's achievement motivation theory which proposes that individuals with a strong need for achievement are more likely to become entrepreneurs.
- Cultural values theory of Cochran which argues that entrepreneurial performance is influenced by societal attitudes and expectations.
Entrepreneur
Entrepreneurship
Functions of Entrepreneur
Type of Entrepreneur
Entrepreneur and Entrepreneurship
Stages of Entrepreneurial Process
Role of Entrepreneurs in Economic Development.
Creativity and Innovation
Innovation and Entrepreneurship
The Business Plan
The Characteristics of Muslim Woman Entrepreneur: A Study of Managing Directo...inventionjournals
Most scientific papers and academic articles emphasized the concept, principles, values and characteristics of Islamic entrepreneurship. Few of researcher try to analyze the attitudes and experiences and practices of Islam, particularly, among women entrepreneurs. Thus, this paper will attempt to show Islam entrepreneurial practices and how these practices are implemented by Muslim women entrepreneurs through the methodology proposed in this paper. Sources of information are reading literature especially the translated version of Qur'an and other materials on entrepreneurs. Islam is not against women working or contributing their worth in business. Muslim women in Malaysia also given a role, duties and rights. The study was conducted on Managing Director in Syarikat Faiza Sdn Bhd., due to her business is developed and long-lasting. Therefore, this study will try to look at the characteristics possessed by her as well as in its business practices.
Weber’s Theory of social change
Hoselitz Sociological Theory
Trait Theory of Entrepreneurship
Economic Theory of Entrepreneurship
Theory of Innovation by Schumpeter
Theory of Psychology by McClelland
Leibenstein’s X-Efficiency Theory
Role of entrepreneurs in economic developmentShanson Shaji
Entrepreneurs play a key role in the economic development of a country by mobilizing idle savings, creating employment opportunities, promoting regional development, reducing concentration of economic power, stimulating equitable redistribution of wealth, encouraging resource utilization, inducing backward and forward linkages, and promoting export trade. They serve as catalysts for economic growth and development.
Traditional Indian society and its emphasis on hereditary occupations, caste system, and religious values have hindered entrepreneurship. Additionally, lack of infrastructure, enterprising mentality, capital, and training facilities present challenges. Socio-cultural factors like fatalism, rigid social norms, and resistance to change have also slowed entrepreneurial progress in India. Competition from large industrial houses and public sector further limits opportunities for new entrepreneurs.
This content will help students to understand the fundamental concepts of entrepreneurship with a clear and easy understanding.
This content is not only for beginners but also advanced level learners. If you have any queries you can regarding this content reach out to me by email. kakarat433@gmail.com
A presentation on how important entrepreneurship education is to various levels of institution. Entrepreneurship is the core of our module. This is for entrepreneurial idea in entrepreneurship establishments.
The document discusses various theories of entrepreneurship from sociological, economic, cultural, and psychological perspectives. It summarizes Max Weber's theory of religious beliefs which argues that entrepreneurial spirit is influenced by religious beliefs. It also outlines Everett Hagen's social change theory that entrepreneurial creativity drives social transformation. The document examines Joseph Schumpeter's theory of innovation which defines entrepreneurship as introducing new combinations. It discusses Peter Drucker's view of the entrepreneur as someone who responds to change by exploiting opportunities through innovation and recognizing resources.
The document discusses why the author chose to study at West Coast University. It highlights the benefits of smaller class sizes which allow for more individual attention from lecturers. It also emphasizes the university's focus on practical, hands-on learning through industry projects and bringing industry professionals onto campus. West Coast University aims to produce versatile, skilled graduates who are ready for the rapidly changing world.
ENTREPRENEURIAL STUDIES IN NIGERIA: DEPTHS, TRENDS AND CHALLENGESIJESM JOURNAL
All economic advancements the world over is orchestrated by entrepreneurial learning, research and development. Consequently, the paper examines entrepreneurial studies, depths, trends and challenges in Nigeria. The paper conceptualizes entrepreneurship as anchored on generating ideas that are applicable, economic and commercial in nature in the entire gamut of human endeavor. It traces the entrepreneurial trends in Nigeria since its amalgamation, describes the role of the Nigerian government as a participant, regulator and facilitator, both legally and politically in the development of entrepreneurship studies and practice. The paper identifies lack of political will to implement national economic development policies, corruption and lack of team work among other variables as the major challenges of entrepreneurship development in Nigeria. The analytical tool adopted for this paper is descriptive method which centered on analyzing the different entrepreneurship policies of the government and drawing inferences from them. The paper concludes that entrepreneurship development in Nigeria could be facilitated if government and her agencies muster the will power to implement articulated national economic policies
This document discusses social entrepreneurship and provides several examples of social enterprises. It begins by defining social entrepreneurship as using business practices to create social and economic change, with a focus on alleviating poverty. Social entrepreneurs tackle social issues by creating sustainable organizations. The document then contrasts social entrepreneurs with business entrepreneurs and NGOs. It provides details on four case studies of social enterprises - Arogya Financing, LV Prasad Eye Institute, Ayzh, and BasicNeeds Workforce Training - that address issues like healthcare access, eye care, maternal health, and mental healthcare. The document emphasizes that social entrepreneurs operate with the goal of social change rather than just profit.
The Lincoln High School competitive cheer teams are hosting a fundraiser event at the Buffalo Wild Wings in Ypsilanti on November 18th, 2012. Friends and families are invited to dine-in or carry-out from opening until closing, and 20% of sales accompanied by a certificate will be donated back to support the Lincoln High cheer programs.
The Pro Whey System X (PWSX) is a protein shake made with organic ingredients that provides health and fitness education. It contains whey protein and comes in different flavors. PWSX's marketing campaign will begin in Karachi, Pakistan by conducting classes and partnering with gyms and health stores. The shakes and supplemental materials will educate customers on nutrition and exercise through various package options and online/social media presence.
Intra-Company Transfer L-1 Visa enables managers, executives, and specialized knowledge employees of international companies to work for a related U.S. company [parent, branch, affiliate or subsidiary], or establish a new office in the U.S.
This document provides an overview of a semester 2 figure drawing class, including key details about the course. The class is a 3 credit core subject that will cover 10 topics over 14 weeks, with prerequisites of Drawing 1. Students will learn skills like gestural studies, contouring, proportion, and human anatomy by drawing different human parts like the head, torso, arms and full figures. Assessment will be based on gestural drawings, proportion studies, human anatomy diagrams, and human part drawings, culminating in a final project. The document lists required materials and online references to support students' learning.
The document discusses changes in technology and marketing over the past 20 years and into the future. It notes that 20 years ago there were no smartphones, DVDs, digital cameras or public internet. Today, nearly everyone uses the internet and tools are converging. The future of marketing will involve more connections between people and objects. While some see this as a revolution, the document argues it is really an evolution, as all media must now integrate dialogue. The main change is digital, as it allows companies to get closer to consumers like never before through creativity.
El documento anuncia una pasantía de zootecnia en Club The Cat. Invita a los interesados a inscribirse en un correo electrónico para unirse como socios de la organización.
This document discusses strategies for assessing and improving a homelessness assistance system based on the HEARTH Act. It recommends surveying consumers, providers and leaders to understand needs. It emphasizes using data to measure outcomes like reducing new and repeated homelessness episodes and lengths of stays. Strategies presented include diversion from shelter, rapid re-housing, transitional housing conversion, and coordinating entry points and assistance levels based on barriers. Participation in the National Alliance to End Homelessness' HEARTH Academy clinic is encouraged to implement proven strategies for preventing and ending homelessness.
small business & epreneurship development U1.pdfkittustudy7
Entrepreneurship involves discovering opportunities, organizing enterprises, and contributing to economic growth. It requires imagination, risk-taking ability, mobilizing resources, and working as a team. There are several theories of entrepreneurship. Hoselitz's theory proposes that marginal social groups stimulate entrepreneurship. Drucker's theory emphasizes that entrepreneurs innovate by utilizing resources to create value for customers. Kao's ECO model views entrepreneurship as arising from the interrelationship between an individual, their tasks, and the organizational context.
This article was prepared in order to investigate whether the teachers working in a Business Administration BA degree have an entrepreneurial profile, with the aim of finding whether such teachers are able to support the Pedagogical Proposal of the Institution to which they belong to in what concerns the requirement of the course and also the Pedagogical Proposal of the course itself. The methodological procedure adopted was the
Documentary Analysis, i.e., a study that is based on documents such as books, statistic maps, journal articles and the procedure of a Case Study. The data collection technique adopted was also the Documentary Analysis plus a
Survey-type questionnaire. As a result, the Research has shown that the teachers of said course do have an entrepreneurial profile that range from medium to medium-high, plus a good knowledge of Entrepreneurship Education, which can truly guarantee the Course Pedagogical Proposal
Educational Entrepreneurship {E-Ship} is a personal attribute consisting of innovativeness, accountability, and change catalyst, risk taking and bearing attitude. Education entrepreneurs instead create organizations that seek to enhance the capacity of the existing educational system.
The influence of individual factors on the entrepreneurial intentionijmvsc
Today, no one is safe from forces and pressures, which are exerted on it, because of a significant number
of the requirements in particular as regards competitiveness, the need for change, or the crises and the
deregulations. In front of the economic and social turbulences which we know, the creation of new
company appears as a cause of general interest. This research papers focuses on the problematic of the
entrepreneurship, and more particularly on the stake which this domain represents in our society, by
treating the determinants of the entrepreneurial intention. To face this news gives, students must
reconsider their behaviors and their practices to renew themselves, to open out and reinforce their
position in the market. Some of these practices form what one calls the entrepreneurial orientation. For
this reason, we will devote this paper for better encircling and apprehending the concept of individual
factors, and we tried to know how the individual factors (motivations, need for accomplishment, need for
autonomy, passion to develop its own idea, individual characteristics, work experience, teaching) can
influence the intention of the entrepreneur to create his own project. We focused on review literature
through a survey of a sample of students from the Higher Institute of Business Administration of Sfax
(Tunisia).
THE INFLUENCE OF INDIVIDUAL FACTORS ON THE ENTREPRENEURIAL INTENTIONijmvsc
This document summarizes a research study on the influence of individual factors on entrepreneurial intention. It discusses motivations, need for achievement, autonomy, passion for ideas, individual characteristics, work experience, and education. A literature review identified these individual factors and their hypothesized influence on entrepreneurial intention. Researchers administered a questionnaire to 250 business students in Tunisia to test these hypotheses. The results were analyzed to understand the impact of individual factors on entrepreneurial intention in the Tunisian context.
This document provides an overview of entrepreneurship including definitions, types of entrepreneurs, and roles of entrepreneurs. It defines entrepreneurship as exploiting business opportunities that exist within the scope of the market. The four main types of entrepreneurs discussed are innovative, imitating, fabian, and drone entrepreneurs. Entrepreneurs fulfill economic, social, and technological change roles. Later sections discuss developing an entrepreneurial mindset and how entrepreneurship can drive social and economic change.
The document provides information on entrepreneurship, creativity, opportunities, and the characteristics of entrepreneurs. It defines an entrepreneur as someone who sets up a business or enterprise and takes risks to create new opportunities that generate wealth and jobs. The document then discusses different types of entrepreneurs and their motivations. It also lists key characteristics of successful entrepreneurs such as initiative, opportunity seeking, persistence, information seeking, quality and efficiency, risk taking, goal setting, commitment, planning, persuasion and networking skills, independence, self-confidence, and creativity. The document emphasizes that entrepreneurs calculate risks, set meaningful goals, and work hard to achieve their vision.
Factors Influencing the Development of Social Entrepreneurship in BangladeshDr. Nazrul Islam
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1. International Journal of Business and Management Invention
ISSN (Online): 2319 – 8028, ISSN (Print): 2319 – 801X
www.ijbmi.org Volume 3 Issue 6ǁ June. 2014 ǁ PP.01-11
www.ijbmi.org 1 | Page
The Success Tips Of An Entrepreneur (A Study On Soetrisno
Bachir’s Entrepreneurship In Gadamer’s Hermeneutics
Perspective)
Sunarta1
, Eka Afnan Troena2
, Achmad Fatchan2
, Rofiaty2
1
(Doctorate Program in Faculty of Economics and Business, Brawijaya University, Indonesia)
2
(Management Department, Faculty of Economics and Business of Brawijaya University, Indonesia)
ABSTRACT: This study aims to investigate the proses and awareness direction of identity (self concept) in
evaluating success phenomenon in entrepreneurship. This study will reveal the subjective reality from the
perspective of someone involving in the external or internal environtment of enterpreneurship. Besides
investigating the process of becoming an entrepreneur, this study wants to find out the subject’s understanding
of the social orientation consisting of career choices and the motive of being an enterpreneur, as well as how to
manage himself with other people and among fellow enterpreneurs. This study uses qualitative approach with
Gadamer’s hermeneutics perspective. According to Gadamer’s perspective, the correct understanding is the
understanding which is directed to ontological level, not metodological, meaning that the truth can be achieved
not by the method, but by dialectics by asking many questions. Thus, language becomes an important media in
the creation of a dialog. As an interpretation method, hermeneutics makes language become a central theme. In
schools of philosophy, Gadamer’s hermeneutics considers that meaning is searched, constructed, and re-
constructed by the interpreter in accordance with the context made by the interpreter, so that the meaning of a
text is never fixed, always changes depending on how, when, and who is the reader. The finding of the study
shows that a succesful enterpreneur is the one who is active and creative in carrying out new tactics and
strategies, as well as being able to overcome and deal with the dynamics of social and economical turmoil, able
to comunicate his way of thinking in business, willing to continuously learn about communication, new ideas,
new facts, and new concepts in business. The process of being successful enterpreneur depends on the internal
family factor and external environtment, early childhood education, the surrounding way of entrepreneurial
thinking, life choice, the frequency of communicating with senior enterpreneurs, and the carefulness in
business.
KEYWORDS: Success Tips, Entrepreneur, Hermeneutics, Gadamer
I. INTRODUCTION
Continous economic crisis extremely affects both one’s needs fulfilment and the continuation of a
company. The improvement in economy is continuously performed in searching the solution for possible crisi to
prevent the economy from getting worse. In this case, the involvement of enterpreneurs is badly needed. One of
the efforts to fasten and stimulate the economic growth in a country is to create enterpreneurs as many as
possible.As an illustration, the number of bussinessmen in Indonesia in 2012 was just 1,56 % of all the citizens.
That number had increased from the previous year in 0,18 % and then increased by 0,24 %. Ideally, the number
of business in a country is at least 2% of all citizens ([5]). There are some reasons why the researcher chooses
Soetrisno Bachir as the research subject. Firstly, Soetrisno Bachir, as someone whose personality is
extraordinary, excessively has given precious contribution, by both his consideration and struggle for the
society, nation, and country. Secondly, Soetrisno Bachir is a person who can be an inspiration to build
entrepreneurial character for young generation nowadays. Thirdly, he has obtained some achievements in
enterpreneurship. Fourthly, Soetrisno Bachir is known as someone who is well behaved, humble, philanthropic,
and generous. These personalities can be used as an example to build enterpreneurial characters in young
generation nowadays.Those four reasons show the personalities, way of thinking, and struggle which have to be
followed. Therefore, the researcher chooses Soetrisno Bachir as the research subject. Moreover, compared with
other enterpreneurs, the subject is a person who interacts has discussion with other people fequently. The writer
realizes that the reasearch subject, Soetrisno Bachir, is just an ordinary person who has weaknesses and lacks
because perfection is just owned by prophet Muhammad SAW. The researcher tries as much as possible to
avoid individual judgement, because individual idolatry will lead to astray. From the discussion with the
research subject, there must be a tendency to know and understand more about his success in leading the
company and in enterpreneurship.
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The efforts of finding a better future in enterpreneurship is not as easy as flappng hand palm, but it
needs hardwork ([12]). The journey of achieving the future in enterpreneurship needs a process which is full of
risk. The first step which grows from the bottom will lead to success. Those have been experienced by the
successful enterpreneurs who have found their way of success ([36],[37]). They build, maintain, and develop the
bussiness that they found. Enterpeneurship is the process of creating something new and producing something
diffferent from the one produced before. The purpose is achieving individual welfare and additional value for
the society. Enterpreneur is someone who creates welfare and additional value through creating a new idea,
combining resources, and realizing the idea into reality. In another side, enterpreneurship refers to the
personality, character, and characteristics of someone who has strong willingness to create innovative idea in
real entrepreneurial world and is able to develop it toughly. Therefore, a person carrying out the idea and
combining resources into reality is known as an entrepreneur ([25]). Development economics focuses on the
study of the various dynamics of the economic mechanisms, social and institutional transformation to improve
living standards of the public sector in a country. The scope is the allocation of resources as efficient as possible
and to increase aggregate output growth in a sustainable manner ([25]). The factors triggering entrepreneurship
is determined by the achievement motive, optimism, attitude and values and the success status. Entrepreneurial
behavior is influenced by internal and external factors ([36],[37]). The internal factors are property
rights, ability/competence, and incentive, while the external factors are environmental, because affective
abilities include attitudes, values, aspirations, feelings, and emotions that are all highly dependent on
environmental conditions that exist, then the dimension of affective and cognitive ability is a part of the
entrepreneurship capability approach. Thus, entrepreneurial ability is a function of entrepreneurial behavior in
combining creativity, innovation, hard work, and courage to face the risk of acquiring opportunities.
The model of the entrepreneurial process begins with innovation. Innovation is influenced by various
internal and external factors, such as education, sociology, organization, culture, and environment ([36],[37]).
Those factors form locus of control, creativity, innovation, implementation, and growth so as to make a person
develop into a great entrepreneur. Internally, innovation is influenced by the factors derived from the individual,
namely tolerance, values, locus of control, education, and experience, while the environmental factors are role
models, activities, and opportunities. Therefore, innovation evolves into entrepreneurship through a process that
is influenced by environment, organization, and family. Therefore, entrepreneurship develops beginning
with innovation. Innovation is triggered by personal factors, environment and sociology ([25]). The individual
factors that trigger entrepreneurship are the achievement locus of control, tolerance, risk taking, personal values,
education, experience, age, commitment, and dissatisfaction. The trigger factors derived from the environment
are opportunities, role models, activities, competitors, incubator, resources, and government policy, while the
trigger factors derived from the social environment are family, parents, and group network. The environment
factors affecting entrepreneurial growth are competitors, customers, suppliers, and financial institutions. The
individual factors are commitment, vision, leadership, and managerial ability, while the factors derived from the
organization are group, structure, culture, and strategy. People who succeed in entrepreneurship are those who
can combine value, the main properties (pattern of attitudes), and the behavior of the knowledge, experience,
and practical skills ([25]).
1.1. Research Focus
The self-image of an entrepreneur as a person in general, individually and as a person who plays social
functions. As creatures, entrepreneurs relate and interact with their social environment. In their relation with the
environment, entrepreneurs do it consciously and voluntarily and in accordance with their motives and desire.
Actions like this, in Weber’s perspective, are called social action. To further clarify the area of research
(research focus) to be conducted, the following are the schematic picture of the area of the study area which are
the research focus:
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1.2. Research Problems
Based on the above reality, it seems necessary to develop a trigger in building character in each human
being. Related to that intention, as an entrepreneur study, this research tries to understand Soetrisno Bachir
discourse through linguistic approach (verbal approach) using Gadamerian hermeneutics perspective. This is
conducted because linguistic approach is still rarely used in understanding the dynamics of entrepreneur. Being
an entrepreneur takes more time and effort. Considering the process, the results obtained is more prioritized. The
process is a journey full of prudence to achieve the planned objectives. Running a successful business considers
not only financial, but also emotional risks. In order to understand better the field of entrepreneurship, it is
important to learn about the nature and development of entrepreneurship, the entrepreneurial process, and the
role of entrepreneurship in economic development of a country
II. CONCEPTUAL FRAMEWORK OF THE RESEARCH
Concisely, the concept framework of the research is based on the individual conscious experience as
an entrepreneur. The study of the knowledge is derived from consciousness, or the way people understand
objects and events over their conscious experience. Kuswarno ([27]) states that the phenomenon is something
that goes into our consciousness in the form of perception, fantasy, desires, or thoughts. As a human being in
general, enterepreneur is social beings who has individual character and social functions ([7]). As social beings,
businessmen relate and interact with the environment related to their social environment. In interacting with
their environment, businessmen did it willingly and voluntarily and in accordance with the motives and
desires.In Gadamerian hermeneutics perspective ([18],[19],[20],[21],[22]), the language is a very important
medium for dialogue, looking at the meaning sought, constructed, and reconstructed by the interpreter according
to the interpreter’s context interpreter made so that the meaning of the text is never fixed. Language is defined
as a system of sound symbols that are meaningful and articulated, having the characteristic of conventional
arbitrator and used as a tool to communicate by a group of men to create feelings and thoughts ([32]). As a
representation, language also plays a role in forming certain types of subjects.
2.1. Research Plan
This study is hermeneutic phenomenon belonging to qualitative research. Different from positivistic
tradition that tends to explain human behavior, the tradition of hermeneutic phenomenology tends to promote
human existence as something that should be interpreted. Because this study aims to understand the subject,
therefore the approach is Gadamerian hermeneutic perspective.
Before
being an
Entrepreneur
Entering
World of Entrepreneur
Individual
redefinition
Research Area and
Research Focus
Individual
construction and
Entrepreneur
Behavior
Individual Concept (the
perspective of individuals
and their environment)
Social Orientation
(Carrier choices and
Motives)
Individual Management
(The Relationship among
fellow entrepreneurs)
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The researchers of Gadamerian hermeneutic perspective, as stated by Valdes ([39]), will only dialogue
with a text. Valdes ([39]) stated clearly, "with written texts, the discourse must speak by itself". According to
Valdes, when the text is already present, then the producer of the text has been separated from the text itself and
the interpretation of the text left entirely up to the reader. According Fasya ([17]), the competence or authority
vested in the parties or institutions to determine the meaning of the final or most legitimate of all posts / text.
Therefore, text analysis is described by Barthes as open space because no one has the right to disturb. The reader
learns to grow mature in reading the text to be a new author and is a proofreader and unifying the heterogenous
text functions. The concept built by Barthes is the position on the sidelines (in-betweeness) between reader and
text. In text analysis, Barthes firmly reminded that the text is not string words that are ready to release the single
meaning, the message of the creator itself, but come from there multidimensional space spread in the text. The
text is nothing but a number of unlimited quotations drawn from the cultural centers. That important point of
Barthes’s idea for the reviewer of Gadamerian hermeneutics is that the text will be discussed much deeper in
meaning than the creator himself. Authority is in the hands of an article reader ([17]).
2.2. Research Paradigm
The linguistic perspective of hermeneutics for Gadamer ([18],[19],[20],[21],[22]) is that the language is
the main keywords after dialogue. Language in Gadamer's perspective is the individual and the social structure
that includes traditions, cultural norms, and values as the tradition of phenomenology, which generally explains
the meaning of life experience a number of people about a concept or phenomenon ([8]). This study will
describe about the research subject’s experience in achieving success in entrepreneurship (Soetrisno Bachir),
using the internal and external environmental factors. Thoughts generate habits, habit is formed by the repetition
of human behavior, then tied by feelings. Then they formed a special file associated with the habit. Each time
the behavior is repeated then the strong sense recordings stored unconsiously. Every habits is programmed by
human beings so that it becomes strong and could not be changed. Hence, habit is a thought created by a person
in his mind, then connected with feelings and repeated to believe in it as a reason part of the behavior
([13],[14]).A qualitative approach is expected to obtain a complete picture of interactive phenomena both
intrapersonal and interpersonal success of the entrepreneur. This approach is believed to be able to direct the
search of a new paradigm in management science ([1]), the perspective of the subjects studied (Soetrisno
Bachir) is combined with the researcher’s perspetive, because according to Muhadjir ([31]), "qualitative
approach is able to express multiple realities better, reveal more reasonable relationship between researcher and
informant, because qualitative methods is more sensitive and adaptive to the role of various mutual influence".
III. RESEARCH METHODS
This study used a qualitative approach, the primary data in qualitative research were derived from the
words, deeds, and actions or behavior of the day-to-day subjects studied and the data that can be taken in the
form of a language derived from discussions among the subject of the study ([15],[16]). Furthermore, this study
takes the Soetrisno Bachir’s statement (expression) and conscious action as the main data source. Beside taking
the statements and actions as the main data source of research, some people who may take the data sources
outside the research subject. The choice of data sources are based on research needs.The data of this study were
obtained by using the method of documentary. Documents collected are the spoken and written texts of the
subject and the informant. The data were in the form of recorded interviews, article in newspapers, photographs,
books written by the research subject, the research subject’s speeches, a search in the research subject’s peers, a
search in the research subject’s neighborhood community. Connected to this research, the technique of
participant observation was conducted by the researchers to get involved with the research subjects, such as
watching and following the research subject in any activity undertaken in the designated study sites ([15],[16]).
3.1. Data Analysis
Data analysis is the process of arranging the order of the data and organizing them into a pattern,
category, and unit base sequence. In qualitative research, data analysis is conducted throughout the research.
This is conducted by describing the research data, examining the existing themes, as well as giving emphasize
on specific themes ([8]).The data analysis techniques used in this study refers to the three stages of data analysis
offered by Miles and Huberman ([30]): data reduction, presentation (display) of data, and drawing conclusions
and verification. After the process of data collection, the data analysis was performed. The initial step in data
analysis was to perform data reduction. Data or information are be grouped according to topics of research
problems. In the context of this research, the data related to Soetrisno Bachir were grouped into two categories
of data, they are the data about Soetrisno Bachir’s perspective on himself, his family, and his environment
(which is related to his self-concept), social orientation (motives and career), and impression management.
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According to Fatchan ([15],[16]), data reduction is followed by the presentation (display) of data. After the data
are reduced, they are systematically arranged and grouped into certain types and patterns and were arranged in
the form of charts or narrations that form a series of meaningful information in accordance to research problems.
The next step was making conclusions and verification. After passing the first and second stages, the next step
to be taken was to draw conclusion. The conclusion was taken based on the reduction and data presentation.
After getting the conclusion, the next step was verification. Verification was done by looking for a more in-
depth new data to support a conclusion that had been drawn.
3.2. The techniques of Validating Data
Every scientific research aims to generate objective knowledge, meaning that the truth produced is
limited by the agreement and standartsof science, and studied by empirical reality ([23]). The two important
criteria for the objectivity of a qualitative study according to Kirk and Miller are reliability which involves the
study measures, and validity related to the contents of the study.In qualitative research, the researcher is the
main instrument. Reliability and validity of the data is determined by the relationship between researcher and
research objectives ([10]). A research is not only required to master the tools of concepts and theories relevant to
the symptoms examined, but also it is also necessary to know the diversity of the prospective respondent and
informant according to each position in the social structure and the interaction of existing structures in real life.
The relevancy here is the personal significance to the environment as real as possible. The efforts to find the
certainty and authenticity are important in qualitative study. The data validity also needs to be maintained with
the incorporation of various sources of information and data collection methods ([23]).
IV. DATA EXPOSURE AND CONCLUSION WITHDRAWAL
4.1. Subject of Research Informant
This study involves a research subject Soetrisno Bachir and four (4) informants, the first informant is
the research subject’s older sibling, the second informant is the younger brother, the third informant is a public
figure who understands about the process of the research subject in becoming an entrepreneur, while the fourth
informants is the business associate and friend who plays with him from kampong to now be his business
partner. The whole informant who had contacted were willing to become informants and willing to answer
questions posed by the researcher. The description of the research informants are as follows:
Demographic Data of the Study Informant
Informant
Name & Sex
(M/F)
Nickname Status In the Study Code Age Ethnic Last
Education
Occupation
Soetrisno
Bachir (M)
Trisno Research Subject
(Key Informan)
Pengu1 55 Java Bachelor
Degree
Entrepreneur
Siswadi (M) Sis Business Partner Pengu2 54 Java Bachelor
Degree
Entrepreneur
Aisyah (F) Aisyah People Pend 76 Java Elementary
School
Labor
Adi
Cahyantono
Bachir (M)
Yanto Brother (older
sibling)
Kel1 58 Java Bachelor
Degree
Entrepreneur
Eni Apria
Diningsih
(F)
Eni Sister (younger
sibling)
Kel2 47 Java Bachelor
Degree
Entrepreneur
4.2 Conclusion Drawing
onclusion essentially describes the study findings based on the purpose and focus of the study classified
by type of informants. The findings and conclusions of study findings are presented in the table as follow:
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Table 4.2.1
Conclusion of the Study Findings
The analysis of Soetrisno Bachir’s view, an entrepreneur, about him and his surroundings
Study Findings Theme Study Findings:
Businessman
Stakeholder
Study Findings: People
Stakeholder (Society)
Study Findings:
Siblings Stakeholder
The Conclusion of Study
Findings
Family education, and
the environment
Education, family, and
environment,
experience in doing
business, decision
making, meeting and
consultation the earlier
successful
entrepreneur, realizing
the existence of a
process becoming
entrepreneur and
actualizing a great
dream to come true
Entrepreneurs’ family,
parents education, and
the surroundings
Introduction to be
entrepreneur since
childhood and internal
education of the family
Business introduction
since childhood and
parents education also
the environment
influence
Family education and
the environment
Self understanding and
the environment means
that:
(1) Who we are according
to ourself and who we are
according to the other
people
(2) Family environment
and society forming
characters of
entrepreneur
(3) The formation of
entrepreneur mindset
starts at an early age.
Table 4.2.2
Conclusion Drawing of the Study Findings
The analysis of social orientation including career choices and motives
after become entrepreneur
Study Findings Theme Study Findings:
Businessman
Stakeholder
Study Findings: People
Stakeholder (Society)
Study Findings:
Siblings Stakeholder
The Conclusion of Study
Findings
Businessman family Businessman family
and a goal to be an
entrepreneur
Profession as an
entrepreneur seems
more contributing to
the economics and
social impact
Parents education and
relationship between
mankind as a creature
of Allah is duly
performed as
silaturohim and
communication
The influence of family
education and the
surroundings influence
the forming process of
someone’s character
Family education and
the surroundings
Career choices and
motives influenced by
businessman family,
parents education,
environment influences
and goals
Table 4.2.3
Conclusion Drawing of the Study Findings
The analysis of self-management either with the others
or the fellow entrepreneurs
Study Findings Theme Study Findings:
Businessman
Stakeholder
Study Findings: People
Stakeholder (Society)
Study Findings:
Siblings Stakeholder
The Conclusion of Study
Findings
Building
communication with
the business partner
Internal family
education make the
entrepreneur honest
Business
communication has
ethics so intertwined a
harmonious
relationship
Building relationship
with the society as well
as business partner
should always be done
Honesty and trust are
principles in doing
business
The precautionary
principle is a principle
in decision-making
Self-management means
that it is not affected on
the business opportunities
that are not healthy, the
precautionary principle
as a basic to build
relationships with
business partner and
society
From the results of conclusion drawing above, the study findings could be drawn as follow:
Hereditary Progressive Model of
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Being An Entrepreneur
Drawing explanation: Hereditary Progressive Model of Being An Entrepreneur
The existence of entrepreneurial behavior is triggered by internal and external factors. Internal factors
include posession of rights and skills, while external factor includes environment. The affective abilities include
attitude, value, aspiration, feeling, and emotion which depend on the existing environment condition, so the
dimention of affective and cognitive abilities are parts of the entrepreneur abilities approach. Thus,
entrepreneurship abilities are functions of the entrepreneurial behavior in combining creativity, innovation, hard
work, and the courage to face the risk to get an opportunity. Entrepreneurial process starts with the innovation
which is affected by internal and external factors, namely education, sociology, organization, culture, and
environment. Those factors form locus of control, creativity, implementation of the personal factor, sociology,
and organization, to make someone develop to be a successfull entrepreneur. The cause factors that come from
the environment, namely opportunities, role model, activities, competitors, incubator, resources, and
government policies, while the cause factors that come from the social environment includes family, parents,
and group network. Thus, the pioneering up to the growth stage of an entrepreneur is highly dependent on the
personal ability, organization, and environment. The environmental factors influencing the growth of an
entrepreneur, namely competitors, consumers, suppliers, and financial institution that will support the financing.
The factors that come from personal condition are commitment, vision, leadership, and managerial capabilities,
while factors that come from the organization are group, structure, culture, and strategy. A person successfull in
entrepreneurship is a person that could combine the value, main character, and behavior with the support of
knowledge, and experience.
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V. DISCUSSION
5.1. The Self Concept of Soetrisno Bachir
The analysis results of the self-portrait of Soetrisno Bachir which became the research subject before
and during being an entrepreneur are presented below. This image was obtained from the in-depth interview
results with the research subject. Prior to this proceduresm self-picture of the research subject from the physical,
psychological, and social aspects would be analyzed. Matters related to the physical elements including physical
and personal appearance, while the psychological elements including things related with the personal behavior
([38]), e.g. responsibility, hope, receptivity, confidence, and honesty. The social elements are closely related
with the position or self perception which is related with the social behavior, e.g. friendship, family relation,
education level, organization, and so on.The most important thing in interpreting someone’s personality was
through the self concept owned by the individual. The self concept is the most important role in the personality
integration, in motivating behavior and reaching the mental health. Self concept could determine how an
individual behave in every situation. The understanding about self concept could ease the individual behavior
understanding ([38]).
The self concept defined in the context of this study was all the subjective views from each of the
research subject, both concerning himself and their environment, which involves the view of his children and
family, his view about others, his view about his profession, and his view about the meaning of life he lives.
The self concept is the most fundamental feeling owned by people about themselves which also
became a self-benchmark and self-footing to act and to make decisions. Including the decision of the people to
be an entrepreneur. De Vito ([11]) stated:
“Self disclosure as a form of communication, where the information about themselves which is
usually preserved or hidden is communicated to the others. Self disclosure is a communication behavior
where the speakers deliberately making themselves known by the others, self disclosure happens when
people voluntarily tell about them to the others where the others think it is better to get the information
directly from the source than any other source.”
Humans are social creatures, therefore human life is always marked by the association of the network
of human relationships. Meanwhile the nature of the association is shown by the degree of intimacy, frequency
of meetings, types of relationship, the quality of interaction between them, especially the factors influencing the
extent of involvement and mutual influences ([33],[34]). In the dimention of interaction and association-
relationship humans meke interpersonal communication. The ability of each individual in doing communication
differs. Personality as a pshychological element in human beings is a group of attitudes which is believed to be
the trait of a person (character) and the picture of the self quality. The role of humans’ personality which
influences their interpersonal communication is highly determined by the quality of their self concept. Hurlock
([26]) stated that self concept was a core or center of gravity which influences the direction of the energy of
humans. Thus, self concept is not only a descriptive image, but it also includes the assessment of people toward
themselves. So, the self concept includes what people think and feels about themselves. In the self concept, there
are two components, i.e. cognitive element or self image and affective element or self esteem, both highly
influence the patterns of interpersonal communication ([38]).
5.2. Self Image of Entrepreneur Subject Soetrisno Bachir
The findings in the field after doing in-depth interview with the research subject, shows that the results
are classified into several categories based on the tendency of the attitude, view, perception, and orientation of
the research subject. The opinions, attitudes, views, motives, and conscious expressions expressed at the in-
depth interview above are the basis in giving categorization on the self concept owned.Complicated problems
experienced by humans, often and most of all, actually came from themselves. They uncconsciously create the
chain of the problems rooted from the self concept problem. With the ability to think and assess, humans like to
think about something strange about themselves or something or the others and even believe their own
perception which may not be objective.
The family role described a set of interpersonal attitude, trait, activity which correspond to the personal
condition in certain position and situation. The personal role in family is based on the hope and the behavior
pattern of the family, group, and society. According to Cassidy ([35]), there are several functions implemented
by the family education. First, which could be seen from how the family educate and send the children to school
for preparing the maturity and the future of the children. Socialization function is seen from how the family
prepare their children to be a good society member. Protection function is seen from how the family protect their
children so that the family members feel protected and safe.
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Feeling function is seen from how family is intuitively sensitive about the feeling and the atmosphere
of the children and the other family member in communicating and interacting between the family members, so
that the mutual understanding raises the harmony in the family. Religion function is seen from how the family
introduce and encourage the children and the other family members through the head of the family to embed the
beliefs that control the life now and the the other life after death. The economic function is seen from how the
head of the family earn a living and manage the income to fulfill the family needs. The recreative function is
seen from how fun atmosphere is in the family. The biological function is seen from how the family produce
offspring as the next generation. Giving love, attention, and safe feeling in the family also develop the maturity
of the family member’s personality. Prophet Muhammad is a figure who is regarded from every side deserves
to be idolized ([2],[3],[4]).
5.3 Social Orientation and Motivation to be An Entrepreneur
Social orientation including motives and career choices of the entrepreneur also the reason related to
the subject doing an action as a choice to be an entrepreneur. In social relationship, humans never be separated
from the motive or incentive attached / accompanying the human action. In their intersubjective consciousness,
humans perform the reciprocity of motives through a process of imagining themselves in other people’s
position and seeing everything through other people’s perspectives. This motives are devided into two kinds,
namely because motives and in-order motives. The former refers to the humans’ past experience and
preconstituted knowledge and oriented to the past. The latter refers to, a goal which is described as intentions,
plans, expectations, interests and so on, which is desired by the actor and therefore oriented to the future
([28],[29]).
Started from a family with merchant background, Soetrisno Bachir pent his childhood which is filled
with the education and learning that they see within the family and the community that was born in a village of
self-employed population. Due to hard work at a relatively young age when he was still at school Soetrisno
Bachir had been productive. Helping his parents marketing the product of the batik industry, Soetrisno Bachir
had a possibility to understand business terminologies and has an entrepreneurial spirit that helped him focus on
his vision and gave him the energy to continue to find new ideas. Soetrisno Bachir was able to highlight ideas
with appropriate emotion and appropriate strategy, and identify the resources needed to take advantage of an
opportunity. An entrepreneur has an uncertain income and a high risk in every transaction. A process of wealth
that is generated bears the risk in capital, time, and career commitment. Being a successful entrepreneur needs
more than just hard work and luck, but also requires the ability to think in an environment with a high degree of
uncertainty, be flexible and learn from other people's mistakes. Being an entrepreneur and building a business
need much time and maximal effort. The success achieved in entrepreneurship, go through a very long journey
and difficult process.
5.4 Building and Developing Social Relationship
This section will explain the study findings, the analysis of the self-portrait of the research subject in
interacting with the environment or business partners. Every individual wherever he lives, has to interact with
society. It is the humans that is naturally created to be both an individual and social creature ([6]). Every person
differs in doing social adjustment because of the individual differences in some aspects, as well as in terms of
social adjustment, an understanding of the meanings of social adjustment is needed. Human association is one
of the forms of communication in society. According to Schram, among the associating humans, there are
people who share information and those who share ideas and attitudes. Similarly, in human relationships there is
always a process of adjustment of the mind, the creation of symbols containing a shared understanding. In a
complete dictionary of psychology, Chaplin ([9]) gives an understanding of social adjustment as a combination
of harmony or relation with social environment, gives the patterns of behavior required or change existing habits,
to suit social community. Hurlock ([26]) gave an understanding of social adjustment as a personal success to
adjust to other people’s life in generally and to the group in particular. Further, Hurlock added that the terms
adjustment referred to how far the person’s personality had significance both properly and efficiently in a
society. According to Vebrianto ([40]), modern society which is too complex as a product of the advances in
technology, mechanization, industrialization, and urbanization leads to many problems that would bring
negative impacts. Those social problems were due to the misuse of the concept of an ideal society. The ideal
society is the best society aspired, so the concept of a social problem depended on the concept of a perfect
society or the enhanced community. The concept of an ideal society was influenced by the state of society at the
time of their life, therefore a social problem could be determined by culture.
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5.5 The Impression Management of an Entrepreneur
Basically, humans’ interaction use symbols, and how humans use symbols represents what they mean
to communicate with each other. It is a symbolic interaction and that is precisely inspiring dramaturgis
perspectives, where Erving Goffman as one of the exponents of symbolic interactionism, was highly influenced
by dramaturgis ideas. According to symbolic interaction, humans lear to play the role and assumed identities
that are relevant to these roles, engaging in activities with each other to show who and what they are ([24]).
Erving Goffman assumes that when people interact, they want to present their self-portrait to be accepted by
others --- efforts called impression management, the techniques used by actors to foster certain impressions in
certain situations and to achieve certain goals. Most attributes of human activity is used for self-presentation,
including the clothes worn, the furnished house they lived and, the way to walk and talk, the work performed the
way to spend free time, and everything which was open about themselves that can be used to tell others who
they are.
5.6. Implications of the Study
5.6.1. Theoritical Implications
The findings of this study support the basic thesis proposed by Gadamer, that explanation given by the
Gadamerian hermeneutics is quite clear, that there is no single understanding of what is stated as an
entrepreneur. However, a fundamental study of Gadamerian perspective asserts that the problem is not as simple
as the proposition. The use of language as a tool is aimed to the interpreter community who has opposing
interests, because it will be processed by the interpreter so people appear to be cheated through language.
Gadamer alludes to this issue indirectly as a part of his response to the criticism raised by Habermas .Following
the model of Boulding, collective actions are formed after they succeeded in developing a shared meaning and
perspective. Shared meaning and perspective theoretically also allow the growth of the awareness on their
objective interests. If the process occurs in a conducive of technical and social conditions, the development of
the awareness on the objective interests will not only form a hidden groups but can also form an open conflict. If
an open conflict occurs then an unfair competition, so that the fraud arises in business , such as the absence of
trust among fellow business associates.
5.6.2. Practical Implications
The acknowledgement of Gadamer’s basic thesis, that Gadamer had contributed an idea that language can
be used as the acquisition device for the success of an entrepreneur, provided that there is no opposing of the
interest between the author and its interpreter. In the process of becoming a successful entrepreneur, the internal
education of the family, as well as the external environment seems to be very influental.
VI. CONCLUSIONS
Based on the description, presentation of the study findings and discussion, and by referring back to the
formulation of research question, as well as the purpose of the study, several conclusions are presented as
follow:
[1] The sources of character building of an entrepreneur contained in the internal education of the family since
childhood. The self concept of an entrepreneur is a social product formed by the internalization process and
organization and psychological experiences. The psychological experience results from an individual’s
exploration of the environment and a reflection of himself received from others.
[2] The influences of external environment are very supportive and influencing the paradigm of an entrepreneur.
[3] The Career selection to be an entrepreneur is based on rational considerations and options as well as goal
effectiveness to be as creative as possible.
VII. ACKNOWLEDGEMENTS
Great thanks and appreciations are directed to Prof. Dr. Eka Afnan Troena, SE (promotor), Prof. Dr.
Achmad Fatchan (co-promotor I) and Dr. Rofiaty, SE., MM. (co-promotor II) who have provided a wide range
of input and constructive suggestions.
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