Entrepreneurial potential:Does ethnic groups and gender play a role? A study of Lahore

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Date
2013
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University of Management and Technology
Abstract
Entrepreneurship and self employment is a strategy for self subsistence for individuals. In past decades entrepreneurship has taken an important part of the economic process. The economic policies have been made in favor of entrepreneurial atmosphere to up lift of economy. The world has become a global village where ideas, trends and practices are rapidly spreading from one corner to other. The people are more exposed to political, social, cultural and economic canes than ever before. In this way they see potential opportunities to exploit and to get good economic benefits out of it. The individuals who want to become entrepreneurs are influenced by functions of culture factors, social factors and family factors for entrepreneurial disposition. It is always been the interest of researchers that who are entrepreneurs? and what makes them succeed? What are they looking for when they choose entrepreneurship? In spite of good research we are still unable to isolate a predictive “Entrepreneurial Trait”. The entrepreneurship is being researched from the perspective of cognitive models to contextual frame. It has unfolded many aspects but still no single consensus for entrepreneurs and entrepreneurship. Historically men are expected to be the providers and women the care givers. The feminist movement of 1960's has greatly helped to change this conventional concept of gender and life time working career and self-achievement became acceptable for women. This has also given a good rise to increase female participation in the field of entrepreneurship. Different countries seek the women entrepreneurship as a good catalyst for their economic development. So in this way entrepreneurship is a multidimensional phenomenon. If we want to encompass it better we have to study it in the context of some cultural, social or economic perspective. Current study primarily seeks the impact of different castes and gender for their Entrepreneurial Potential (EP). For this purpose entrepreneurial potential is calculated on the basis of motivation, capacity and support from family from different individuals. The role of gender and different castes are observed for entrepreneurial potential. Population of the study is business students who are studying in six different universities at Lahore. Questionnaires are sent to 300 respondents and 137 valid questionnaires are filled by respondents. According to theoretical research frame work entrepreneurial potential is calculated on the basis of motivation, capacity and perceived family and friend support then the role of gender and castes are studied as moderating factor. The result showed males and females statistically differ for entrepreneurial potential as motivation and capacity is concerned. All castes which are included for this study showed equal entrepreneurial potential.
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Keywords
MS Thesis, Management, Entrepreneurship
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