Do Role Models Impact EntrepreneurialForesight - An Examination

Abstract

Entrepreneurship is nothing but identification, appraisal and pursuit of opportunities in assorted contexts. The dimension of foresight augments the ability to mull over the probable future scenarios. It has long been acknowledged by research that role models may have a profound influence on career decisions. Even though entrepreneurial role models have become a familiar phenomenon, their impact has been studied only to a limited extent. This paper attempts to fill this gap by examining the impact of role models on entrepreneurial orientation. A sample of 200 final year postgraduate management students were selected randomly and the responses were collected through a schedule of four statements to be ranked on Likert scale. The statistical techniques of t Test and ANOVA were applied with the help of SPSS-20. The findings coincide with the past rersearch that the role models exert profound impact on the competency of foresight in specific and entrepreneurial orientation in general