Determinants of agricultural entrepreneurship: a GEM data based study

The aim of this study is to explain the determinants of entrepreneurship in agriculture industry. What are the drivers of early stage entrepreneurial activity of agri-business entrepreneur and how it is influenced by various cognitive and social capital factors? To answers these questions various dr...

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Published inInternational entrepreneurship and management journal Vol. 16; no. 1; pp. 345 - 370
Main Authors Arafat, Mohd Yasir, Saleem, Imran, Dwivedi, Amit Kumar, Khan, Adil
Format Journal Article
LanguageEnglish
Published New York Springer US 01.03.2020
Springer Nature B.V
Subjects
Agribusiness
Agriculture
Business and Management
Emerging Markets/Globalization
Entrepreneurs
Entrepreneurship
Management
Risk
Social capital
Social networks
Entrepreneurial self-efficacy
Global entrepreneurship monitor
Risk perception
Cognition
Entrepreneur
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Abstract The aim of this study is to explain the determinants of entrepreneurship in agriculture industry. What are the drivers of early stage entrepreneurial activity of agri-business entrepreneur and how it is influenced by various cognitive and social capital factors? To answers these questions various driving factors of entrepreneurial activity have been explored from the literature. To achieve the objective, the study uses APS (Adult Population Survey) 2013 data of 69 countries provided by GEM (Global Entrepreneurship Monitor). Total number of respondents 1470, those who are alone or with others, currently trying to start a new business, including any self-employment or selling any goods or services to others in Agriculture Industry, were selected from the data set. To measure the influence of cognitive and social capital factors on early stage entrepreneurial activity logistic regression was employed. The findings show that those who see entrepreneurial opportunities, are confident in their own skills and ability, having personal relationship or social networks with existing entrepreneurs, and have invested in others business as business angels are more likely to become an entrepreneur. Additionally, fear of failure or risk perception does not prevent people to become entrepreneur. Policy implications have been discussed. This is one the first study of its kind and contributes to the existing literature by explaining agricultural entrepreneurship through an integrated approach of entrepreneurial cognition and social networking.
AbstractList The aim of this study is to explain the determinants of entrepreneurship in agriculture industry. What are the drivers of early stage entrepreneurial activity of agri-business entrepreneur and how it is influenced by various cognitive and social capital factors? To answers these questions various driving factors of entrepreneurial activity have been explored from the literature. To achieve the objective, the study uses APS (Adult Population Survey) 2013 data of 69 countries provided by GEM (Global Entrepreneurship Monitor). Total number of respondents 1470, those who are alone or with others, currently trying to start a new business, including any self-employment or selling any goods or services to others in Agriculture Industry, were selected from the data set. To measure the influence of cognitive and social capital factors on early stage entrepreneurial activity logistic regression was employed. The findings show that those who see entrepreneurial opportunities, are confident in their own skills and ability, having personal relationship or social networks with existing entrepreneurs, and have invested in others business as business angels are more likely to become an entrepreneur. Additionally, fear of failure or risk perception does not prevent people to become entrepreneur. Policy implications have been discussed. This is one the first study of its kind and contributes to the existing literature by explaining agricultural entrepreneurship through an integrated approach of entrepreneurial cognition and social networking.
Author Khan, Adil
Arafat, Mohd Yasir
Saleem, Imran
Dwivedi, Amit Kumar
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  surname: Arafat
  fullname: Arafat, Mohd Yasir
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  organization: Department of Commerce, Aligarh Muslim University
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  givenname: Amit Kumar
  surname: Dwivedi
  fullname: Dwivedi, Amit Kumar
  organization: Centre for Entrepreneurship Education and Research, Entrepreneurship Development Institute of India (EDII)
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  givenname: Adil
  surname: Khan
  fullname: Khan, Adil
  organization: Faculty of Management Studies and Research, Aligarh Muslim University
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Keywords Entrepreneurial self-efficacy
Global entrepreneurship monitor
Risk perception
Cognition
Entrepreneur
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SSID ssj0037598
Score 2.461901
Snippet The aim of this study is to explain the determinants of entrepreneurship in agriculture industry. What are the drivers of early stage entrepreneurial activity...
SourceID proquest
crossref
springer
SourceType Aggregation Database
Publisher
StartPage 345
SubjectTerms Agribusiness
Agriculture
Business and Management
Emerging Markets/Globalization
Entrepreneurs
Entrepreneurship
Management
Risk
Social capital
Social networks
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Title Determinants of agricultural entrepreneurship: a GEM data based study
URI https://link.springer.com/article/10.1007/s11365-018-0536-1
https://www.proquest.com/docview/2096264714
Volume 16
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