The Effect of Human Capital on Entrepreneurial Opportunity Recognition (The Case of Knowledge Based Firms in Yazd’s Science and Technology Park of Eghbal)

Document Type : Research Paper

Authors

1 Associate Prof, Faculty of Entrepreneurship, University of Tehran, Iran

2 MS. Student in Entrepreneurship, University of Tehran, Iran

Abstract

The present study aims to investigate the effect of human
capital on entrepreneurial opportunity recognition at knowledge based
firms in Yazd’s science and technology park of Eghbal. Research
methodology of this paper is the applied research in terms of the objective
of the study, descriptive-correlated in terms of the data gathering method,
and quantitative in terms of the type of data. Our statistical population
includes 75 managers of knowledge based firms in Yazd’s science and
technology park of Eghbal. Due to the limited numbers of managers, we
decided to apply the census method for sampling. We used structural
equation modeling with smart PLS 2 software for analyzing data in two
sections of measurement model and structural model. In measurement
model section, technical features of the questionnaire in terms of
reliability, convergent validity, and discriminate validity were
investigated. Moreover, in structural model section, path coefficients
were used for testing hypotheses. The results indicate the positive and
significant effect of human capital on entrepreneurial opportunity
recognition at knowledge based firms in our sample. Thus, in order to get
a better recognition of entrepreneurial opportunities through an
organization, we should enhance the conditions of human capital.

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