Exploring experiences of self-made entrepreneurs in Sri Lanka
Year: 2021
Type: dissertation
Abstract: REAEARCH QUESTIONS: \nRQ 1: Does education level impact the ability to be successful as an entrepreneur in Sri Lanka? \nRQ 2: Does the Sri Lankan Government do enough to support the entrepreneurs of tomorrow in Sri Lanka? \nRQ 3: Does family influence have an impact on entrepreneurs becoming successful in Sri Lanka? \nRQ 4: Is there a proper mechanism to invest in new entrepreneurial ventures and providing entrepreneurial mentorship? \n \nABSTRACT: \nEntrepreneurs are the heartbeat of any economy. They are an important generator of wealth and in creating employment opportunities that improve the living standards and overall wellbeing of the society. Given their significance, it is important that researchers address the important question “What are the attributes that create a successful entrepreneur?”. \n \nThis study identifies the important role that family influence, education, and government influence have on creating a successful entrepreneur from an examination of entrepreneurial experiences in Sri Lanka. Data was collected using in-depth interviews of eight highly experienced and successful self made entrepreneurs from the Western and Sabaragamuwa provinces of Sri Lanka. \n \nThe results differ according to the phase of business operation. In particular, the study showed that family influence was found to have more impact during the start and consolidation phases of a successful entrepreneurial venture, while education had a more profound impact during the initial start-up phase. Government influence, on the other hand, was found to have a minimal impact in creating a successful self-made entrepreneur.
Author: Liyanage, Dinindu
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3133968361