The Factors Contributing to Entrepreneurial Alertness

Given the growth and role of entrepreneurship today, it is becoming increasingly important to understand how new entrepreneurial opportunities get developed. Entrepreneurs play a critically important role in the economy. By spotting opportunities and taking action to exploit them, they drive the process of market production and the fulfillment of social and economic needs. Discussions of the emergence of new entrepreneurial opportunities often include “eureka” moments, but we currently lack a deep understanding of why some individuals are able to spot the opportunities that most people cannot see. We attribute the difference to a loosely defined quality that Kirzner called “entrepreneurial alertness”. While this has been a useful basis for a considerable body of entrepreneurship research to-date, it is still unsatisfactory in several ways. To achieve this goal we distribute questionnaires between 115 M.A. student's from Economics and Management college of University of Sistan&Baluchestan for the years 2012 and 2013. Analysis was done by correlation test. Results showed that there is significant relationship between creativity, self-efficacy, locus of control, social networks, prior knowledge, educational issues, environment and student's entrepreneurial alertness. This survey can be used to develop potential entrepreneurs in different fields in determining of key elements of opportunity recognition, training and improving of that.