International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 5 September-October 2024 Submit your research before last 3 days of October to publish your research paper in the issue of September-October.

Impact of Socio-cultural Factors on the Development of Entrepreneurship: A Case Study of Belagavi City of Karnataka State

Author(s) Brunda Bongale, Femi Antony
Country India
Abstract This research investigates the defining traits of successful entrepreneurs, specifically within the context of small and medium-scale businesses in Belgaum. It explores the influence of personal attributes such as personality traits, family business background, upbringing, and the role of community support in shaping entrepreneurial ambitions and actions. Utilizing a mixed-methods approach, the study employs comprehensive content analysis alongside thematic analysis of qualitative data derived from semis-structured interviews with Belgaum-based entrepreneurs aged between 25 and 45. These methods facilitate the examination of psychological factors like self-efficacy, and risk-taking behaviour, as well as the impact of social networks and environmental upbringing on the development of entrepreneurial traits and skills. The interviews provide a platform to uncover detailed themes and pathways that lead to entrepreneurial skill acquisition and refinement, offering insights into the early stages of psychological development conducive to entrepreneurial success. The research's findings contribute to a deeper understanding of the complex interplay between an entrepreneur's personal and social environment and their success in business ventures. Through its exploration of these dimensions, the study aims to enrich the literature on enterprise management and entrepreneurship, particularly in the realm of small and medium-sized businesses in emerging markets like Belgaum.
Keywords Keywords: Psychological development, Entrepreneurial Traits, Family Business History, Social Upbringing, Small to Medium Scale Entrepreneurs, Belgaum, Thematic Analysis, Success Factors.
Published In Volume 6, Issue 5, September-October 2024
Published On 2024-09-22
Cite This Impact of Socio-cultural Factors on the Development of Entrepreneurship: A Case Study of Belagavi City of Karnataka State - Brunda Bongale, Femi Antony - IJFMR Volume 6, Issue 5, September-October 2024. DOI 10.36948/ijfmr.2024.v06i05.27480
DOI https://doi.org/10.36948/ijfmr.2024.v06i05.27480
Short DOI https://doi.org/g4qmtb

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