Administration of the Indigenous Entrepreneurship Model on a Sample of Young Entrepreneurs

Abstract

This research applies the indigenous entrepreneurship model developed at the center for entrepreneurial development at IBA Karachi. This model is based on the pre-effectuation principles and effectuation theory of entrepreneurship. The model is different from the existing utilitarian models. The model signifies the importance of nation-building and family orientation to pursue an entrepreneurial journey. The efficacy of the model has been tested on a sample of 500 young participants (men and women) during the Entrepreneurship Programs. Effectuation and Pre-effectuation have been tested on a sample of 500 participants (including both men and women), and Nation-building and Family orientation is tested amongst the sample of women only. The paper reveals the impact of entrepreneurial mindset training and coaching in Karachi and Faisalabad. For the efficacy of the indigenous entrepreneurship model, the research paper presents the sample case studies.