Developing new opportunities, entrepreneurial skills and product/service creativity: A Young Enterprise (YE) perspective

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dc.cclicenceCC-BY-NCen
dc.contributor.authorFearon, Colm
dc.contributor.authorFurlotti, M.
dc.contributor.authorVan Vuuren, W.
dc.contributor.authorMcLaughlin, Heather
dc.date.acceptance2019-09-19
dc.date.accessioned2020-03-19T15:20:23Z
dc.date.available2020-03-19T15:20:23Z
dc.date.issued2019-10-07
dc.descriptionThe Jong Ondernemen Foundation helped us to carry out this survey-based research.en
dc.description.abstracthe 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!en
dc.exception.ref2021codes254aen
dc.funderNo external funderen
dc.identifier.citationFearon, C., Furlotti, M., 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,en
dc.identifier.doihttps://doi.org/10.1080/03075079.2019.1672643
dc.identifier.urihttps://dora.dmu.ac.uk/handle/2086/19434
dc.language.isoenen
dc.peerreviewedYesen
dc.projectidN/Aen
dc.publisherTaylor and Francisen
dc.subjectYoung enterprise (YE)en
dc.subjectopportunity recognition beliefen
dc.subjectentrepreneurial self-efficacyen
dc.subjectsocial cognitive theoryen
dc.subjectreal optionsen
dc.titleDeveloping new opportunities, entrepreneurial skills and product/service creativity: A Young Enterprise (YE) perspectiveen
dc.typeArticleen

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