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An analysis of cognitive biases and risk perceptions on female entrepreneurship success

Mini Dissertation (MBA)--University of Pretoria, 2021.

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Other Authors: Macleod, Ian
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 Macleod, Ian
author_browse Macleod, Ian
author_facet Macleod, Ian
collection Thesis
dc_rights_str_mv © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2021.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:34.602Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher University of Pretoria
publisherStr University of Pretoria
record_format dspace
source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/81319 An analysis of cognitive biases and risk perceptions on female entrepreneurship success Macleod, Ian u19410809@mygibs.co.za Leburu, Botho Felicia UCTD Cognitive bias Risk perception Female entrepreneurship Firm performance Entrepreneurship Mini Dissertation (MBA)--University of Pretoria, 2021. The proliferation of female entrepreneurs, especially in developing countries, instigated this study, to understand their judgement and decision-making processes in the highly complex and uncertain entrepreneurial landscape within which they need to thrive. The study focused on cognitive bias and its effects on risk perception and firm performance, particularly in female entrepreneurs. This study took a quantitative approach to analyse the effects of cognitive bias. A cross sectional explanatory research design, using a combination of purposive and snowballing non-probability sampling strategies, yielded a sample of 75 female entrepreneurs. The data collected on their risk perception, which is believed to be a determinant of success, was analysed using Pearson’s correlations, paired t-tests and multivariate regression statistical techniques. The key findings of this study are based on the evaluation of four research hypotheses were; a weak negative relationship exists between overconfidence and risk perception; a positive relationship exists between overoptimism and risk perception; and no relationship exists between self-efficacy and risk perception. With regard to firm performance, none of the cognitive biases or risk perceptions were found to have any statistically significant relationship. This study brought a different dimension to the effects of cognitive bias, as its findings mostly contradicted existing literature. Gordon Institute of Business Science (GIBS) MBA Unrestricted 2021-08-17T08:18:06Z 2021-08-17T08:18:06Z 2021-09 2021 Mini Dissertation Leburu, BF 2021, An analysis of cognitive biases and risk perceptions on female entrepreneurship success, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/81319> S2021 http://hdl.handle.net/2263/81319 en © 2021 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Cognitive bias
Risk perception
Female entrepreneurship
Firm performance
Entrepreneurship
An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title_full An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title_fullStr An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title_full_unstemmed An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title_short An analysis of cognitive biases and risk perceptions on female entrepreneurship success
title_sort analysis of cognitive biases and risk perceptions on female entrepreneurship success
topic UCTD
Cognitive bias
Risk perception
Female entrepreneurship
Firm performance
Entrepreneurship
url http://hdl.handle.net/2263/81319