Can I become entrepreneur after Commerce?
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01 Jan 2018 | They are mainly related to the cultural contexts, which affect the propensity to become an entrepreneur |
| The finding of this research shows the strong relation between individual desire and education to students' willingness to become an entrepreneur. | |
| In more developed countries, individual characteristics may be still determinant factors shaping the decision to become an entrepreneur, although their magnitude may depend on the stage of the entrepreneurial process. | |
428 Citations | The findings are less clear in regards to the link between general education and the choice to become an entrepreneur. |
| The results indicated that the perceived entrepreneurial capacity to create an enterprise and the perceived entrepreneurial capacity to become an entrepreneur are two explanatory variables of intentions for these students. | |
| The characteristic of entrepreneur is found to be a significant factor for business success of SMEs in Bangladesh. | |
| It places the entrepreneur at the forefront of the Transitional Economy and identifies the entrepreneur as a catalyst for change and progress. |
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Adaptive capacity plays a crucial role in enhancing business resilience by enabling organizations to respond effectively to disruptions and crises. This capacity is fundamental across various sectors, from small and medium enterprises (SMEs) to large industries, including healthcare and agriculture, and it significantly influences how businesses can withstand and recover from adverse events.
In the context of SMEs, adaptive capacity is essential for navigating the challenges posed by crises such as the COVID-19 pandemic. Studies have shown that SMEs, particularly those with limited resources, can leverage adaptive capacity through entrepreneurial mindset and social capital to transform their business models and ensure sustainability during and after crises. Similarly, in process industries, adaptive capacity is identified as a key factor for managing disruptions and enhancing safety, with factors such as reporting safety issues, management commitment, and flexibility being pivotal.
The vulnerability of SMEs to extreme weather events (EWEs) further underscores the importance of adaptive capacity in building resilience against natural hazards. A holistic management approach that includes effective resilience and adaptation strategies is necessary for SMEs to safeguard their assets and operations. In the agricultural sector, adaptive governance at both farm and policy levels is crucial for achieving resilience, though a "fit" between these levels is necessary for robustness and transformability.
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Education plays a role in enhancing adaptive capacity by integrating quality education, education for sustainable development (ESD), and disaster risk reduction (DRR) education. This approach strengthens learning processes for competency development and supports disaster risk reduction. Regional resilience, influenced by adaptive capacity, can address multiple risks, including natural disasters, climate change, and socio-economic challenges, by engaging with structural socio-spatial inequalities.
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