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Datta, Soumyendra Kishore
- Analysis of Entrepreneurial Motivation in a Brassware Cluster in a Semi-Urban Region, West Bengal, India
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1 Department of Economics, The University of Burdwan, West Bengal, IN
1 Department of Economics, The University of Burdwan, West Bengal, IN
Source
Journal of Entrepreneurship & Management, Vol 7, No 3 (2018), Pagination: 11-21Abstract
An analysis of motivational aspects is considered important to understand an entrepreneur’s mindset and proclivity to undertake some challenging venture and flourish in the business world. In this context, this paper is based on a sample of 60 firms in a brassware cluster in Nabadwip region in West Bengal, India. The objectives are to (a) analyse the rankings of various items of entrepreneurial motivation and focus of their reliability, (b) find a correlation between motivation and profitability indices, and (c) explain the variation in enterprise profitability by the different motivation sub-indices. Cronbach’s alpha test is applied for finding the reliability of motivational items. Two-stage principal component technique is used for deriving motivation sub-indices and total motivation index; whereas, the regression analysis explains the variation in enterprise profitability. The findings involve consistency in motivational items, significantly correlated profitability with motivation index, and significant variation in enterprise profitability explained by most of the motivational sub-indices. However, the enterprise owners are facing the problems of credit, marketing, and lack of skilled labour. The government should take measures for providing short-term loan based on their performance. Further, active steps are required for opening some local training schools, arranging workshops, launching awareness generating programmes through drama/posters, etc.Keywords
Motivation, Entrepreneurship, Cluster, Profitability, Principal Component.
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- Analysis of Business Environmental Aspects and Entrepreneurial Strategy-Case Study of a Cluster of Bell Metal Enterprises in West Bengal, India
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Authors
Affiliations
1 Department of Economics, The University of Burdwan, West Bengal, IN
1 Department of Economics, The University of Burdwan, West Bengal, IN
Source
Journal of Entrepreneurship & Management, Vol 8, No 2 (2019), Pagination: 47-56Abstract
This paper focuses on business environment aspects and strategic choices and their interrelation that have a bearing on the operation of enterprise owners in an industrial cluster. Environmental issues are reflected in the labour, machinery and other input condition, access to finance, competition from substitute products, marketability based on easy transport etc. While strategic choices focus on the direction that a firm nurtures in mind and through which the goals are expected to be achieved. This study is based on primary survey covering sixty bell metal enterprises in the Nadia district of West Bengal in India. Likert scaling has been used for capturing the environmental and strategic perception of the entrepreneurs. Factor analysis based on principal axis factoring with varimax rotation has been used to analyse the impact of multiple perceived environmental and strategic variables. Further canonical correlation analysis has been used to find the degree of correlation between the set of business environmental variables and that of strategic components. The study helps isolate major variables that have a bearing on perceived environmental and strategic components. The analysis suggests that choice of strategic variables by enterprise owners is usually in coherence with the environmental aspects affecting the business.Keywords
Environment, Strategy, Canonical, Exploratory Factor Analysis.References
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- Linkage between Relational Capital and Firm Performance: A Study in the Context of Clustered Clay Tiles Firms in Saltora Region in West Bengal, India
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Authors
Affiliations
1 Research Scholar, Department of Economics, The University of Burdwan, Golapbag, Burdwan, West Bengal, IN
2 Professor, Department of Economics, The University of Burdwan, Golapbag, Burdwan, West Bengal, IN
1 Research Scholar, Department of Economics, The University of Burdwan, Golapbag, Burdwan, West Bengal, IN
2 Professor, Department of Economics, The University of Burdwan, Golapbag, Burdwan, West Bengal, IN
Source
Journal of Entrepreneurship & Management, Vol 9, No 3 (2020), Pagination: 1-11Abstract
This paper seeks to analyse the impact of relational capital components on the performance of clay tiles clustered firms in Murlu, Saltora region of Bankura district, in the state of West Bengal in India. It is based on an assemblage of relational capital for assessing and determining the importance of relationships in the perspective of firm performance level. The study considered eight relational capital indicators for eliciting firm responses to the level of relational capital. A survey was conducted on 60 firms in the cluster. Cronbach’s alpha has been used to test the reliability of a series of individual components of relational capital. Principal component method was applied to derive the relational capital index based on all the indicator components. It is found to be strongly related to profitability performance. Overall, regression of the profitability figures carried out on individual relational capital components has yielded a significant outcome and some of the components are also found to have a significant impact on firm performance level. Based on the analysis, concrete suggestion is provided for spotting areas of relational capital, which, if handled and cultivated proficiently and deftly, can play a significant role in influencing firm performance level.Keywords
Relational Capital, Cronbach’s Alpha, Principal Component Analysis, Entrepreneurship, RegressionReferences
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