Predictors for the Success and Survival of Entrepreneurs in the Construction Industry

• Main Authors: Abd Hamid, Zahidy, Noor Azlinna, Azizan, Sorooshian, Shahryar
• Format: Article
• Language: English
• Published: InTech 2015
• Subjects: HD28 Management. Industrial Management
• Online Access: http://umpir.ump.edu.my/id/eprint/11686/1/fim-2015-zahid-Predictors%20for%20the%20Success.pdf; http://umpir.ump.edu.my/id/eprint/11686/; http://dx.doi.org/10.5772/60530
• Institution: Universiti Malaysia Pahang

A review of entrepreneurship literature suggests that entrepreneurial activities are the most important drivers for economic growth and corporate success, regardless of size, age or industry. Nevertheless, so far, only a few studies, if any, have considered entrepreneurship as a success factor for construction enterprises, although the importance of the construction industry to the nation's economic growth is significant. This paper reports a conceptual framework for formulating the success and survival factors of entrepreneurs in the construction industry. It also integrates four major perspectives in entrepreneurship: entrepreneurial orientation, entrepreneurial organization, entrepreneurial competencies and entrepreneurial environment. © 2015 The Author(s).