AUTHOR=Zhou Rongji , Wu Sibin TITLE=Opportunity Finding by Nascent Entrepreneurs: Accidental or Purposeful? JOURNAL=Frontiers in Psychology VOLUME=11 YEAR=2021 URL=https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2020.592994 DOI=10.3389/fpsyg.2020.592994 ISSN=1664-1078 ABSTRACT=Purpose

This research studies an important, but relatively unexplored entrepreneurial aspect: motivation and aspiration on opportunity finding/discovery.

Design/Methodology/Approach

This study surveyed 230 nascent entrepreneurs on their opportunity finding behavior. A poisson regression and a logistic analysis were conducted to discover the relationship between motivation/aspiration and opportunity search behavior.

Findings

Motivation and aspiration interact to influence active search in a positive way. However, only willingness to become an entrepreneur is found to search for opportunities purposefully.

Research Limitations/Implications

Participants of the research are from a Midwest state in United States. Future research may collect sample from more and larger areas.

Practical Implications

Bankers may use entrepreneurial opportunity search behavior as one criterion determining if to fund a person or not.

Originality/Value

This article answers the call to study motivation/aspiration on opportunity finding (Yitshaki and Kropp, 2018; Murnieks et al., 2020). It is one of the first studies to explore the above relationship.