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The role of entrepreneurial mindset in entrepreneurial pivot

Mini Dissertation (MBA)--University of Pretoria, 2023.

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Other Authors: Myres, Kerrin
Format: Thesis
Language:English
Published: University of Pretoria 2023
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access_status_str Open Access
author2 Myres, Kerrin
author_browse Myres, Kerrin
author_facet Myres, Kerrin
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, 2023.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:40:38.899Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2023
publishDateRange 2023
publishDateSort 2023
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/92061 The role of entrepreneurial mindset in entrepreneurial pivot Myres, Kerrin ichelp@gibs.co.za Rakhuhu, Tshimangadzo UCTD Entrepreneurial Mindset (EM) Entrepreneurial cognition Entrepreneurial behaviour Entrepreneurial emotions Entrepreneurial Pivot Mini Dissertation (MBA)--University of Pretoria, 2023. "The ability to act strategically is crucial for entrepreneurs to adapt to new changes and maintain the sustainability of their businesses (Kirtley & O'Mahony, 2023). However, despite the importance of this topic, studies (Devece et al., 2016; Morgan et al., 2020; Shepherd, 2020) have noted a lack of research on how entrepreneurs and small enterprises navigate through exogenous shocks or recover from such events. This paper aims to fill this research gap by exploring the entrepreneurial mindset's role in successful pivoting. Pivoting offers entrepreneurs the opportunity to develop new ideas, products, and renew their firm's business model and identity (Hart, 2012; Sadeghiani et al., 2021). The study used a qualitative approach to collect data from 10 entrepreneurs from various industries, including mining, hospitality, beauty, healthcare tech, logistics, healthcare services, financial services, agri-tech, and marketing tech. The study developed a conceptual framework which elucidates the circumstances surrounding an entrepreneur's decision to pivot and that highlights the cognitive, behavioural, and emotional aspects of the entrepreneurial mindset when pivoting. The findings have practical implications for entrepreneurs, policymakers, and business consultants. Entrepreneurs can use the framework when pivoting, policymakers can use it to develop training programs, and business consultants can use it to guide entrepreneurs through the challenges associated with pivoting their businesses." Gordon Institute of Business Science (GIBS) MBA Unrestricted 2023-08-28T07:37:17Z 2023-08-28T07:37:17Z 2023-09-08 2023-03-07 Mini Dissertation * S2023 http://hdl.handle.net/2263/92061 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
Entrepreneurial Mindset (EM)
Entrepreneurial cognition
Entrepreneurial behaviour
Entrepreneurial emotions
Entrepreneurial Pivot
The role of entrepreneurial mindset in entrepreneurial pivot
title The role of entrepreneurial mindset in entrepreneurial pivot
title_full The role of entrepreneurial mindset in entrepreneurial pivot
title_fullStr The role of entrepreneurial mindset in entrepreneurial pivot
title_full_unstemmed The role of entrepreneurial mindset in entrepreneurial pivot
title_short The role of entrepreneurial mindset in entrepreneurial pivot
title_sort role of entrepreneurial mindset in entrepreneurial pivot
topic UCTD
Entrepreneurial Mindset (EM)
Entrepreneurial cognition
Entrepreneurial behaviour
Entrepreneurial emotions
Entrepreneurial Pivot
url http://hdl.handle.net/2263/92061