Factors Affecting Entrepreneurial Opportunity Recognition Among Food and Beverage SMEs
- DOI
- 10.2991/aebmr.k.210507.074How to use a DOI?
- Keywords
- social network, prior knowledge, self-efficacy, entrepreneurial alertness, entrepreneurial opportunity recognition
- Abstract
The growth of Food and Beverage (F&B) SMEs continues to increase along with the interest of Indonesian people in enjoying the ready-to-eat food. SMEs in this field must possess entrepreneurial alertness to seek, realize and recognize opportunities, also known as entrepreneurial opportunity recognition. This study aimed to determine the impacts of: 1) social network on entrepreneurial alertness, 2) prior knowledge on entrepreneurial alertness, 3) self-efficacy on entrepreneurial alertness, 4) entrepreneurial alertness on entrepreneurial opportunity recognition among F&B SMEs in Jakarta. This study used purposive sampling technique and a sample consisting of 80 F&B SMEs was obtained. The results proved that social network, prior knowledge, and self-efficacy have positive and significant impacts on entrepreneurial alertness. Likewise, entrepreneurial alertness has a positive and significant impact on entrepreneurial opportunity recognition. This is an aspect that F&B SMEs need to pay attention to in order to identify, see, recognize, and find the opportunities, which then generate the potential ideas to compete in the market.
- Copyright
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Lydiawati Soelaiman AU - Liediana Liediana PY - 2021 DA - 2021/05/09 TI - Factors Affecting Entrepreneurial Opportunity Recognition Among Food and Beverage SMEs BT - Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020) PB - Atlantis Press SP - 501 EP - 507 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210507.074 DO - 10.2991/aebmr.k.210507.074 ID - Soelaiman2021 ER -