ScholarOne - Exploring the Nexus of Entrepreneurial Vision, Role Models,
and entrepreneurial Grit: Unveiling Entrepreneurial Opportunities amidst
the COVID-19 Crisis
Abstract
This study examines the impact of entrepreneurial individual vision and
role models on perceived entrepreneurial opportunities resulting from
the COVID-19, while assessing the moderating role of grit (passion and
perseverance). The results of the path analysis method (based on the
2020 data of Iran’s Global Entrepreneurship Monitor) indicate that the
“entrepreneurial individual vision” of early-stage entrepreneurs has
the direct positive impact on their perceived entrepreneurial
opportunities arising from the crisis. However, in the condition of the
pandemic, Grit-passion, and Grit-perseverance exhibit a mixed moderating
effect. The Grit-passion weakens positive effect of “entrepreneurial
individual vision” on “perceived entrepreneurial opportunities caused
by the crisis,” while the Grit-perseverance strengthens this positive
effect. Additionally, in the challenging and difficult circumstances of
the crisis, early-stage entrepreneurs find themselves inspired by the
achievements of other entrepreneurs who have launched their businesses
during the crisis. This role model influences the perceived
entrepreneurial opportunities resulting from the COVID-19.