Volume 20 No 13 (2022)
Download PDF
Entrepreneurial Cognition and its Influence on Business Model Innovation: A Case Study Approach of Indian Entrepreneurs
Dr.Sunil P. Ujagare, Dr.Mangalgouri S. Patil, Dr.Zameerahmed S. Mulla, Ms. Gopa Das, Dr.Anuradha Phadnis
Abstract
Entrepreneurship is the process of creating, developing, and marketing new goods or services. The presence
of an entrepreneur is often associated with innovation in a business model. For example, Apple’s focus on
design innovations has been credited to Steve Jobs as an entrepreneur. This study is conducted to assess the
impact of entrepreneurial cognition on business model innovation among Indian entrepreneurs and finds
that they tend to be more innovative than their non-entrepreneur counterparts. Case study analysis of
Indian entrepreneurs is conducted to understand their cognition, personality traits and other factors that
influence business model innovation among them. Based on it researchers prepared small case studies. The
study reveals that entrepreneurial cognition has a positive impact on business model innovation of Indian
entrepreneurs, who are able to create innovative models reflecting the circumstances they face in their
specific local environment. The study also shows that the entrepreneurial cognition level is significantly
dependent on various personality traits including openness to experience, extroversion, agreeableness and
conscientiousness
Keywords
Entrepreneurship; Business Model; Innovation; Cognition; Personality Traits; Case Study Analysis
Copyright
Copyright © Neuroquantology
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles published in the Neuroquantology are available under Creative Commons Attribution Non-Commercial No Derivatives Licence (CC BY-NC-ND 4.0). Authors retain copyright in their work and grant IJECSE right of first publication under CC BY-NC-ND 4.0. Users have the right to read, download, copy, distribute, print, search, or link to the full texts of articles in this journal, and to use them for any other lawful purpose.