Fearon, C, Furlotti, M ORCID: https://orcid.org/0000-0001-6750-9547, van Vuuren, W and McLaughlin, H, 2019. Developing new opportunities, entrepreneurial skills and product/service creativity: a ‘Young Enterprise’ (YE) perspective. Studies in Higher Education. ISSN 0307-5079
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Abstract
The purpose of this research is to investigate how Young Enterprise (YE) student entrepreneurs develop new product/service opportunities, learn decision-making skills and achieve a sense of entrepreneurial self-efficacy. From a national survey of YE participants in the Netherlands, entrepreneurial self-efficacy was found to partially mediate relationships between new opportunity recognition belief and two key product/service creativity characteristics, namely: (a) new product/service novelty and; (b) new product/service meaningfulness. The ability of YE entrepreneurs to re-scale their new venture strategies, and/or re-adapt products and services were also important real options (or strategic decision-making) moderators in a new social cognitive learning framework. This article contributes to a fresh understanding of the opportunity recognition belief and entrepreneurial decision skills literatures from a social cognitive theoretical perspective. This research also provides much needed empirical support for European YE policy-makers, demonstrating that team-based mini-enterprise education initiatives really do benefit entrepreneurial learners!
Item Type: | Journal article |
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Publication Title: | Studies in Higher Education |
Creators: | Fearon, C., Furlotti, M., van Vuuren, W. and McLaughlin, H. |
Publisher: | Routledge |
Date: | 2019 |
ISSN: | 0307-5079 |
Identifiers: | Number Type 10.1080/03075079.2019.1672643 DOI 1217590 Other |
Divisions: | Schools > Nottingham Business School |
Record created by: | Jonathan Gallacher |
Date Added: | 11 Nov 2019 16:24 |
Last Modified: | 31 May 2021 15:04 |
URI: | https://irep.ntu.ac.uk/id/eprint/38218 |
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