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1 – 10 of over 31000Selene Pennetta, Francesco Anglani and Shane Mathews
This study aims to define, classify and interconnect the wide range of known entrepreneurial abilities with terms such as skills, capabilities and competencies, which have been…
Abstract
Purpose
This study aims to define, classify and interconnect the wide range of known entrepreneurial abilities with terms such as skills, capabilities and competencies, which have been used inconsistently within the entrepreneurial field.
Design/methodology/approach
This investigation is based on a systematic literature review and strengthened by a meta-analysis equipped with a bibliometric study to assist the generation of outcomes with a quantitative investigation.
Findings
This study proposes an evolving entrepreneurial ability model which interconnects genetic and acquired skill types, capabilities and competencies and is equipped with an Entrepreneurial Skills Map essential to operate in the 21st century.
Research limitations/implications
The proposed model is specific to the entrepreneurial field.
Practical implications
This study supports universities and government agencies for the development of educational programs to prepare current and future entrepreneurs to match the changes in the new environment that has emerged with the COVID-19 pandemic.
Originality/value
This research contributes to the entrepreneurship research domain by shedding light on the inconsistent use of non-standardised terminologies and providing an entrepreneurial model and updated skills map to guide scholars to frame research in the post-COVID era with more clarity.
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Manoj Chandra Bayon, Yancy Vaillant and Esteban Lafuente
The purpose of this paper is to examine the direct effect of two individual-level resources, one subjective and the other objective, and their interaction in influencing the…
Abstract
Purpose
The purpose of this paper is to examine the direct effect of two individual-level resources, one subjective and the other objective, and their interaction in influencing the business entry decision. By distinguishing perceived ability from actual ability and using theoretical underpinnings from the human capital theory and self-efficacy theory, the proposed hypotheses are tested on a data set comprising respondents from the adult population.
Design/methodology/approach
Using 20,046 observations from the adult population survey (APS) collected according to the global entrepreneurship monitor (GEM) methodology, a logistic regression analysis controlling for robust interaction term is used to determine the direct and interaction effect of perceived entrepreneurial ability and actual ability in influencing the decision to initiate nascent entrepreneurial activities.
Findings
The results reveal that perceived entrepreneurial ability has a distinct positive influence on the decision to initiate entrepreneurial activities and its impact is greater than that of actual abilities. Furthermore, the authors find evidence of a positive interaction effect suggesting that perceived entrepreneurial ability is a key determinant of entrepreneurial initiatives among those with high actual ability.
Originality/value
The main contribution of the study is to highlight the role of subjective judgements of ability in influencing entrepreneurial behaviour. Whereas prior research has found that actual ability influences new venture performance, its influence on new business entry was inconclusive. By including perceived entrepreneurial ability to the model the authors not only establish a link between objective (observable) abilities and subjective (unobservable) abilities of individuals but also suggest the mechanism through which subjective ability perception drive the business entry decisions of individuals.
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Yinhong Dong, Lilan Pang and Lili Fu
Using statistical analysis, this paper aims to understand and investigate the factors for starting a new company successfully. Indicators from the literature and the data analysis…
Abstract
Purpose
Using statistical analysis, this paper aims to understand and investigate the factors for starting a new company successfully. Indicators from the literature and the data analysis prove that entrepreneurial environment, ability, intentions and self-actualization affect the success rate of entrepreneurship.
Design/methodology/approach
To analyze the success factors for entrepreneurship, the authors take entrepreneurial environment and entrepreneurial ability as the independent variables, self-actualization as the mediating variable and entrepreneurial intentions as the dependent variable. Then, the authors build the frame model of the influencing factors according to entrepreneurial intentions based on the self-actualization mediating effect of college students. At last, four hypotheses are proposed based on this frame model.
Findings
The empirical research proves that the better the entrepreneurial environment, the stronger the entrepreneurial intentions of college students; the stronger the entrepreneurial ability of students, the stronger the entrepreneurial intentions; and under the mediating effect of self-actualization, entrepreneurial environment and entrepreneurial ability will affect entrepreneurial intentions strongly. Finally, based on the empirical results, this paper proposes to pay attention to entrepreneurship education and strengthen the construction of the entrepreneurial environment to better enhance entrepreneurial intentions.
Research limitations/implications
The study has a few limitations because, as it refers to the sample for college students and the new start-up, it would require a more generalized analysis of the factors, such as to include more and better indicators for demographic, economic and institutional determinants of the entrepreneurial intentions and entrepreneurship. For further studies on entrepreneurship, the validate measuring scale of the concept must be addressed.
Practical implications
The present work shows that optimizing the entrepreneurial environment and improving the entrepreneurial ability of college students can enhance the success rate of the entrepreneurship. Besides, the entrepreneurial intentions should be enhanced from outside to inside. Namely, stimulate the entrepreneurial desire of college students from the external environment, such as policy support, ideological education and mobilization on employment options and other aspects of new college graduates. The psychological aspects of graduates should be guided.
Originality/value
For the study of entrepreneurial intentions, most scholars mainly studied the entrepreneurial psychology to discuss its relationship with entrepreneurial intentions in the early years, and gradually extended to the study of external factors, such as the entrepreneurial environment. However, the study on graduate entrepreneurship has yet to be improved. Based on the existing research, this paper makes an in-depth study on the influence mechanism of entrepreneurial intentions from entrepreneurial ability and entrepreneurial environment, puts forward a research model taking self-actualization as a mediating variable and studies the intrinsic driving force of entrepreneurial intentions.
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Amirmahmood Amini Sedeh, Hooman Abootorabi and Jing Zhang
Grounded in theory of planned behavior, this study explores how national social capital, as an important but untested element of institutional environment, influences the effect…
Abstract
Purpose
Grounded in theory of planned behavior, this study explores how national social capital, as an important but untested element of institutional environment, influences the effect of perceived entrepreneurial ability on entrepreneurial intentions.
Design/methodology/approach
Using data of more than 95,000 individuals in 33 countries from Adult Population Survey (APS) conducted by Global Entrepreneurship Monitor (GEM), combined with data collected by World Values Survey (WVS), this study employs hierarchical linear modeling (HLM) to assess the moderation effect of national social capital on the relationship between perceived entrepreneurial ability of individuals nested within different countries and entrepreneurial intentions.
Findings
The results reveal that national social capital enhances the positive impact of perceived entrepreneurial ability on the intent of individuals to start a new business. Notably, this study finds all three components of national social capital – generalized trust, breadth of formal organizational memberships and civic engagement– strengthen the influence of perceived entrepreneurial ability on entrepreneurial intentions.
Originality/value
As the main contribution, this research illustrates the combined effects of social environment (i.e. national social capital) and individuals' evaluations regarding their ability to start a business (i.e. perceived entrepreneurial ability) on entrepreneurial intentions. This study highlights that national social capital complements perceived entrepreneurial ability by helping identify favorable start-up conditions and increasing the tendency of people to act on those conditions.
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This study aims to solve the realistic dilemma between the importance of entrepreneurship and the high rate of entrepreneurial failure, and to point out the direction of…
Abstract
Purpose
This study aims to solve the realistic dilemma between the importance of entrepreneurship and the high rate of entrepreneurial failure, and to point out the direction of subsequent research.
Design/methodology/approach
The paper takes the form of a literature review.
Findings
Entrepreneurial activities involve multiple dimensions. Entrepreneurs or entrepreneurial teams will be affected by multiple factors when starting a business, and sufficient attention should be paid to both the factors within the group and the factors outside the group such as institutional quality and market competition. High entrepreneurial failure rate is an essential characteristic of entrepreneurial activities, while solving this problem requires entrepreneurs to maintain passion, clarify their own motivation, improve their learning abilities and adopt appropriate entrepreneurial strategies to improve entrepreneurial performance. Meanwhile, it also urgent to build entrepreneurial teams with common goals, heterogeneous knowledge structure, outstanding learning ability, solid mutual trust, strong social influence and social capital. Successful entrepreneurship should adhere to the perspective of openness and cooperation. It should not only actively strengthen international cooperation but also fully adapt to the country’s system and culture. Sustainable growth of entrepreneurial enterprises requires not only stable commercial revenue but also responsibility to society, which in turn leads to a good reputation and high social recognition.
Practical implications
The authors hope this review can provide some insightful viewpoints for deepening the theoretical system of entrepreneurship, improving the success rate of entrepreneurship and promoting the sustainable growth of enterprises.
Originality/value
Further research can be carried out on the promotion of business growth by entrepreneurship at the micro level in the following aspects: analyze functional mechanism between innovation and entrepreneurship; entrepreneurship research by integrating multiple institutional contexts and cultural traditions; consider the changes in emerging technologies on entrepreneurial activities; diversified mechanism between entrepreneurship education and business growth.
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Shrouk Mahmoud Abdelnaeim and Noha El-Bassiouny
The purpose of this paper is to empirically examine the cognitive drivers that push entrepreneurs toward sustainable venture creation using entrepreneurial cognitive scripts. In…
Abstract
Purpose
The purpose of this paper is to empirically examine the cognitive drivers that push entrepreneurs toward sustainable venture creation using entrepreneurial cognitive scripts. In particular, this study tests the relationship between entrepreneurial cognitive scripts and sustainability orientation among entrepreneurs in an emerging economy to understand whether entrepreneurial cognitive scripts act as a driver toward sustainability.
Design/methodology/approach
A primary research study was conducted using a structured questionnaire among 351 sample respondents, of which 54% labeled themselves as entrepreneurs and 46% labeled themselves as traditional business people, business students or non-entrepreneurs. The entrepreneurs represented more than ten different industries such as agriculture, food and beverage, education, technology and entertainment.
Findings
The findings of this study highlighted a negative relationship between entrepreneurial cognitions and sustainability orientation as hypothesized. Additionally, non-entrepreneurs were found to be more sustainability-oriented, whereas entrepreneurs with high levels of cognitive scripts were found less concerned about sustainability issues.
Research limitations/implications
This study has a geographic limitation as it has been conducted in a developing country, which is Egypt. Accordingly, the results should be generalized with caution to other developing nations.
Practical implications
This study shows the importance of sustainable entrepreneurship education as an important part of the entrepreneurial ecosystem. The study sheds the light on the different stakeholders that are responsible for raising awareness about the importance of sustainability in developing countries.
Originality/value
This study empirically validates the relationship between entrepreneurial cognitive scripts and sustainability orientation among several industries in a developing country. The study has also a novel contribution in validating that non-entrepreneurs can enjoy entrepreneurial cognitive scripts without the necessity of starting their ventures.
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Hannu Räty, Katri Komulainen, Ulla Hytti, Kati Kasanen, Päivi Siivonen and Inna Kozlinska
The purpose of this paper is to examine to what extent Finnish university students endorse entrepreneurial intent and the ways in which they position themselves in relation to…
Abstract
Purpose
The purpose of this paper is to examine to what extent Finnish university students endorse entrepreneurial intent and the ways in which they position themselves in relation to entrepreneurship according to their self-perceived abilities or “ability self”.
Design/methodology/approach
The study was conducted by means of an e-survey, and the participants comprised the sample of students (n =1,819) from two Finnish universities, representing diverse fields of study.
Findings
It was found that a great majority of the students showed a relatively low intent to become an entrepreneur. The perception of abilities, such as innovativeness and ambitiousness-competitiveness, was positively related with entrepreneurial intent, whereas the perception of academic abilities and “conventional” employee skills indicated inverse associations.
Social implications
The findings suggest that in terms of self-perceived abilities, entrepreneurship in an academic context is perceived as a rather restricted category to which only a few specific individuals have access. Accordingly, there is a certain tension between the tenets of entrepreneurship and corresponding abilities, and the ethos of universities and related high-valued abilities such as theoreticality and criticality.
Originality/value
Although employability and entrepreneur intent have been widely studied, little is known about students’ identification with entrepreneurship according to their ability perceptions. The present study contributes to the existing body of knowledge on university students’ “internal employability” that involves students’ self-assurance and views of work-related relevance with regard to supposed abilities.
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Emmanuel Yeboah-Assiamah, Farhad Hossain, Aminu Mamman and Christopher J. Rees
Having the right intent, aspiration, ability and attitude to become an entrepreneur has become the mantra in the extant literature to be driver of entrepreneurship and small and…
Abstract
Purpose
Having the right intent, aspiration, ability and attitude to become an entrepreneur has become the mantra in the extant literature to be driver of entrepreneurship and small and medium enterprise (SME) growth. Why would zealous and ambitious individuals with all rightful attributes so required of entrepreneurs have to fizzle out few years after venturing into business or SMEs? Perhaps these same individuals may relocate to other jurisdictions and would establish successful firms even beyond their imaginations. Beyond the individual’s entrepreneurial attributes, there are other external countervailing forces which either “enable” or “impede” entrepreneurial drive and SME growth processes. Adopting the theory of planned behavior, this study conceptualizes a systems framework to analyze how SMEs either flourish or fail in developing countries.
Design/methodology/approach
The study relies on secondary sources of data. It adopts a critical stage review of secondary data.
Findings
The study argues that the interplay of “internal factors” and “external factors” of prospective entrepreneurs provides a useful framework to explain the general SME outlook of an economy. The study postulates that many internally driven prospective SME entrants (with entrepreneurial attitudes, abilities and aspirations) mostly in the developing economies may have their dreams shattered because of obstructive external ecological elements which tend to frustrate new business entrants as well as existing ones.
Originality/value
With the aid of a framework, this study conceptualizes a comprehensive framework to analyze how SMEs either flourish or fail in developing countries.
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Fredrick Muyia Nafukho and Walid El Mansour
The purpose of this paper was to determine the factors that enable entrepreneurial opportunity recognition and the significant role of education and training in enhancing…
Abstract
Purpose
The purpose of this paper was to determine the factors that enable entrepreneurial opportunity recognition and the significant role of education and training in enhancing opportunity recognition.
Design/methodology/approach
This paper follows a systematic literature review method to answer the research questions. A systematic literature review allows us to determine the work carried out to date, how it was done, assess literature and report all relevant research. The authors have used the Preferred Reporting Items for Systematic and Meta-Analysis procedure.
Findings
The findings of this study showed that prior knowledge, social networks, external environment, entrepreneurial alertness, creativity, self-efficacy and entrepreneurial passion are the main factors that play a role in the opportunity recognition process. The authors were also able to establish the importance of education and training in enhancing opportunity recognition. Experiential learning is at the forefront of education methods used to improve prior knowledge and experience that directly impact the ability to recognize entrepreneurial opportunities.
Practical implications
The paper provides human resource development practitioners and entrepreneurship educators with factors that determine entrepreneurial opportunity recognition. It pinpoints the factors that can be exploited in enhancing employees and novice entrepreneurs’ ability to recognize viable entrepreneurial opportunities.
Originality/value
Opportunity recognition is recognized as the first step in the entrepreneurship process. Therefore, it is crucial for entrepreneurs to have the ability to recognize opportunities that are viable. Understanding the factors that contribute to a successful opportunity recognition is important. In addition, the role of education and training in opportunity recognition and enhancing entrepreneurial opportunity recognition cannot be overlooked.
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Wenzhi Zheng, Miaomaio Xu, Xiaochen Chen and Yan Dong
The purpose of this paper is to investigate the institutions involved in providing experience to entrepreneurs in China and analyzed the types of experience they provide…
Abstract
Purpose
The purpose of this paper is to investigate the institutions involved in providing experience to entrepreneurs in China and analyzed the types of experience they provide. Moreover, the abilities of related organizations to shape experience were analyzed.
Design/methodology/approach
By using a multiple case study method, this qualitative study examined various entrepreneurial experience providers (namely incubator, entrepreneurship training institution, franchise store, entrepreneurship training network, and family business experience transfer) to understand the experience types and their supplying competencies.
Findings
On the basis of the types of entrepreneurial experience and the criteria for entrepreneurial competency assessment, the study results showed that the primary providers in China are the Start Your Business (SYB) program, incubators, and family businesses. Furthermore, for-profit social training organizations provided less experience than did governmental or private ones. The five providers mainly provided “know-what” entrepreneurial experience. Among the providers, family businesses and SYB offered experience that was conducive to entrepreneurial learning.
Research limitations/implications
Entrepreneurs are the subjects of entrepreneurship education, while this study mainly focused on analyzing the experience supplying competencies. Thus, future studies should explore the required abilities that are developed during entrepreneurship for various learners.
Practical implications
This study interpreted how to achieve Chinese mass entrepreneurship and innovation strategy in the context of the low development of entrepreneurship higher education. To improve their competencies in providing experience, providers must focus on developing proper curricula, effective transfer methods and teacher resources, and incorporating entrepreneurship education.
Originality/value
On the basis of social learning theory and human capital theory, this study developed a set of criteria for the assessment of the ability of entrepreneurial experience providers. This study analyzed how related institutions enhanced entrepreneurial experience, thereby expanding the relevant learning channels and providing options for entrepreneurs to accumulate experience in China.
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