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Article
Publication date: 16 October 2007

Yiyuan Mai and Zhilong Gan

To study how entrepreneurial environments influence entrepreneurial opportunities and capacities in China.

1672

Abstract

Purpose

To study how entrepreneurial environments influence entrepreneurial opportunities and capacities in China.

Design/methodology/approach

This paper constructs statistical models to test the relationship between environmental factors and entrepreneurial opportunities or capacities in 13 cities in China according to the conceptual model of GEM. Based on the data derived from GEM reports, the authors use principal component of factor analysis and lest square regression to study the impacts of entrepreneurial environments on entrepreneurial opportunities and capacities empirically.

Findings

This paper indicates that among 13 Chinese cities, if one city has more favorable conditions in terms of nine factors of entrepreneurial environments, it will have more entrepreneurial opportunities, and its entrepreneur will have higher capacities. Moreover, the authors find the extent of the impacts of the economic and cultural environments on entrepreneurial opportunities and capacities is higher than that of political and market environments.

Research limitations/implications

The quantity of sample statistics is relatively small, because it is difficult to develop the GEM project roundly in China.

Originality/value

This paper provides Chinese government with theoretical support so that the government can utilize limited resources to develop entrepreneurial activities. Meanwhile, it furthers foreign researchers and investors to understand the specific conditions in terms of Chinese entrepreneurial environments, opportunities, and capacities more clearly.

Details

Chinese Management Studies, vol. 1 no. 4
Type: Research Article
ISSN: 1750-614X

Keywords

Article
Publication date: 15 February 2024

Alireza Amini, Seyyedeh Shima Hoseini, Arash Haqbin and Mozhgan Danesh

A better understanding of the characteristics and capabilities of women entrepreneurs can significantly improve their chances of success. Therefore, three studies were conducted…

Abstract

Purpose

A better understanding of the characteristics and capabilities of women entrepreneurs can significantly improve their chances of success. Therefore, three studies were conducted for this exploratory paper. We have discovered the characteristics of entrepreneurial intelligence among female entrepreneurs through semi-structured interviews based on conventional content analysis. According to the second study, qualitative meta-synthesis was utilized to identify characteristics of women's entrepreneurial intelligence at the international level. As a third study, we examined the evolutionary relationships of entrepreneurs' intelligence components following the discovery and creation of opportunities.

Design/methodology/approach

The present paper was based on three studies. In the first study, 15 female entrepreneurs were interviewed using purposive sampling in the Guilan province of Iran to identify the characteristics of entrepreneurial intelligence at the national level. An inductive content analysis was performed on the data collected through interviews. Using Shannon entropy and qualitative validation, their validity was assessed. In the second study, using a qualitative meta-synthesis, the characteristics of women's entrepreneurial intelligence were identified. Then the results of these two studies were compared with each other. In the third study, according to the results obtained from the first and second studies, the emergence, priority and evolution of entrepreneurial intelligence components in two approaches to discovering and creating entrepreneurial opportunities were determined. For this purpose, interviews were conducted with 12 selected experts using the purposeful sampling method using the fuzzy total interpretive structural modeling (TISM) method.

Findings

In the first research, this article identified the components of entrepreneurial intelligence of women entrepreneurs in six categories: entrepreneurial insights, cognitive intelligence, social intelligence, intuitive intelligence, presumptuous intelligence and provocative intelligence. In the second study, the components of entrepreneurial intelligence were compared according to the study at the national level and international literature. Finally, in the third study, the evolution of the components of entrepreneurial intelligence was determined. In the first level, social intelligence, presumptuous intelligence and provocative intelligence are formed first and social intelligence and provocative intelligence have an interactive relationship. In the second level, entrepreneurial insight and cognitive intelligence appear, which, in addition to their interactive relationship, take precedence over the entrepreneur's intuitive intelligence in discovering entrepreneurial opportunities. With the evolution of the components of entrepreneurial intelligence in the opportunity creation approach, it is clear that intuitive intelligence is formed first at the first level and takes precedence. At the second level, there is cognitive intelligence is created. At the third level, motivational intelligence and finally, at the last level, entrepreneurial insight, social intelligence and bold intelligence.

Originality/value

This study has the potential to discover credible and robust approaches for further examining the contextualization of women's entrepreneurial intelligence at both national and international levels, thereby advancing new insights. By conceptualizing various components of entrepreneurial intelligence for the first time and exploring how contextual factors differ across nations and internationally for women's entrepreneurship, this paper challenges the assumption that the characteristics of women's entrepreneurial intelligence are uniform worldwide. It also depicts the evolution of the components of entrepreneurial intelligence.

Open Access
Article
Publication date: 16 January 2024

Valentina Cucino, Giulio Ferrigno, James Crick and Andrea Piccaluga

Recognizing novel entrepreneurial opportunities arising from a crisis is of paramount importance for firms. Hence, understanding the pivotal factors that facilitate firms in this…

Abstract

Purpose

Recognizing novel entrepreneurial opportunities arising from a crisis is of paramount importance for firms. Hence, understanding the pivotal factors that facilitate firms in this endeavor holds significant value. This study delves into such factors within a representative empirical context impacted by a crisis, drawing insights from existing literature on opportunity recognition during such tumultuous periods.

Design/methodology/approach

The authors conducted a qualitative inspection of 14 Italian firms during the COVID-19 pandemic crisis. The authors collected a rich body of multi-source qualitative data, including 34 interviews (with senior managers and entrepreneurs) and secondary data (press releases, videos, web interviews, newspapers, reports and academic articles) in two phases (March–August 2020 and September–December 2020).

Findings

The results suggest the existence of a process model of opportunity recognition during crises based on five entrepreneurial influencing factors (entrepreneurial knowledge, entrepreneurial alertness, entrepreneurial proclivity, entrepreneurial personality and entrepreneurial purpose).

Originality/value

Various scholars have highlighted that, in times of crises, it is not easy and indeed very challenging for entrepreneurs to identify novel entrepreneurial opportunities. However, recent research has shown that crises can also positively impact entrepreneurs and their capacity to identify new entrepreneurial opportunities. Given these findings, not much research has analyzed the process by which entrepreneurs identify novel entrepreneurial opportunities during crises. This study shows that some entrepreneurial influencing factors are very important to identify new entrepreneurial opportunities during crises.

Details

Journal of Small Business and Enterprise Development, vol. 31 no. 8
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 19 October 2020

Babak Ziyae and Majid Vagharmousavi

Strategic entrepreneurship (SE) is effective in the formation of business strategies that involve simultaneous opportunity-seeking and advantage-seeking behaviors. SE revitalizes…

Abstract

Purpose

Strategic entrepreneurship (SE) is effective in the formation of business strategies that involve simultaneous opportunity-seeking and advantage-seeking behaviors. SE revitalizes firms to achieve competitive advantage in the current turbulent markets. The purpose of this paper is to understand in more detail how SE influences business growth (BG) through the lens of dynamic capabilities (DC) theory.

Design/methodology/approach

Using a quantitative research method and structural equation modeling technique, the measurement and structural models were developed to test the research hypotheses. For this purpose, a survey was conducted among 159 internet of thing (IoT)-based companies in Iran.

Findings

The findings show that DC theory provides the theoretical underpinning to describe the effect of SE and its dimensions on entrepreneurial opportunity recognition (EOR). Results also reveal that EOR mediates the relationship between SE and BG. Furthermore, this research empirically verifies that organizational entrepreneurship and value creation moderate the relationship between EOR and BG.

Originality/value

IoT identifies a pathway for continuous change that helps to improve firms’ competitiveness and innovation. This paper provides a new insight into how Iranian IoT-based companies can enhance their SE to recognize entrepreneurial opportunities and gain competitive advantage. Mainly, this study singles out and discusses the variegated features that characterize the implementation of SE by Iranian IoT-based companies having different characteristics.

Article
Publication date: 6 December 2017

Javier Monllor and Patrick J. Murphy

The purpose of this paper is to contribute a deeper understanding of how natural disasters influence entrepreneurial intentionality as an important antecedent of entrepreneurial…

2077

Abstract

Purpose

The purpose of this paper is to contribute a deeper understanding of how natural disasters influence entrepreneurial intentionality as an important antecedent of entrepreneurial intention. It reviews the conceptual and operational backgrounds of natural disaster research and entrepreneurship theories and formulates a distinctive conceptual approach to entrepreneurial intentions in natural disaster settings.

Design/methodology/approach

An exhaustive review of research articles published in peer-reviewed entrepreneurship journals is provided and focuses on entrepreneurship, natural disasters, and entrepreneurial opportunities.

Findings

Six propositions about the influence of natural disasters on entrepreneurial intentions in ways that are distinct to the specific circumstances of post-disaster environments.

Research limitations/implications

The paper’s findings serve as a useful foundation for future research of post-disaster entrepreneurial behavior. The propositions highlight the relationship between opportunities, self-efficacy, feasibility, desirability, fear of failure, and resilience that complement macro-level research with micro-level antecedents. Implications entail new methodological avenues for future studies of humanitarian and post-disaster entrepreneurial activities.

Practical implications

This paper suggests ways in which public policy and educational, state and community programs can be designed and executed so that entrepreneurial intentions are developed and entrepreneurial action is not hindered. Moreover, it clarifies several ways to achieve more effective action (or inaction) to serve those affected by natural disasters and minimize disaffection.

Originality/value

The study illustrates that natural disasters can and do create opportunities for entrepreneurial behavior even as they generate powerful and sweeping negative effects on socioeconomic systems. Its unique approach explores individual-level variables concerning intent and motivation that drive entrepreneurial decisions in disaster contexts.

Details

International Journal of Entrepreneurial Behavior & Research, vol. 23 no. 4
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 18 August 2020

Md Imtiaz Mostafiz, Murali Sambasivan and See Kwong Goh

The international entrepreneurial capability has achieved its legitimacy in international business literature. Leveraging capabilities to recognise opportunities is considered a…

Abstract

Purpose

The international entrepreneurial capability has achieved its legitimacy in international business literature. Leveraging capabilities to recognise opportunities is considered a pivotal strategy to achieve success. Drawing on the entrepreneurship literature and opportunity perspective, this study aims to investigate the role of international entrepreneurial capability in enhancing the international opportunity recognition (IOR) process and the performance of export manufacturing firms.

Design/methodology/approach

Structural equation modelling has been used to test the hypothesised relationship on 388 export manufacturing entrepreneurial firms operating in the apparel industry of Bangladesh.

Findings

The results signify that three international entrepreneurial capabilities, namely, international networking, learning and marketing capability, positively enhance the IOR process of export manufacturing firms. The IOR process positively mediates the relationships between these international entrepreneurial capabilities and firm performance.

Originality/value

Merely having the international entrepreneurial capability is not sufficient to escalate the firm performance. It must be amplified by various strategic actions such as the IOR process. Entrepreneurs need to capitalise on the international entrepreneurial capability to leverage the IOR process and generate non-financial performance success. Entrepreneurial firms that focus more on stimulating non-financial performance can secure better financial performance.

Article
Publication date: 19 August 2020

Antonia Mercedes García-Cabrera, Ana Maria Lucía-Casademunt and Laura Padilla-Angulo

This paper examines how the institutional distance between immigrants' country of residence and country of origin, as well as the regulative and normative aspects of institutions…

1004

Abstract

Purpose

This paper examines how the institutional distance between immigrants' country of residence and country of origin, as well as the regulative and normative aspects of institutions in immigrants' country of residence, social context variables and individual psycho-behavioural factors, condition immigrants' entrepreneurial motivation (i.e. mainly by necessity, by a combination of necessity and opportunity, or mainly by opportunity), which is in contrast to the previous literature on immigrant entrepreneurship that mainly focuses on micro-level factors.

Design/methodology/approach

By using hierarchical linear regression models to test our hypotheses, the authors analyse 468 first-generation immigrant entrepreneurs settled in 31 European countries using data from the European Working Conditions Survey (6th EWCS; Eurofound, 2015 database) combined with other datasets to derive the macro-level variables (i.e. the Doing Business Project; Hofstede et al., 2010).

Findings

The authors find that distance in the normative aspects of institutions harms entrepreneurial opportunity motivation. At the same time, however, opportunity motivation is likely to benefit from both the normative aspects of institutions that reduce locals' opportunity motivation and the distance in the regulative aspects of institutions.

Originality/value

This article analyses immigrant entrepreneurship in Europe, which has been under-examined in the extant literature, and takes into account the micro-, meso- and macro-level factors affecting the entrepreneurial motivation of immigrants in Europe. This analysis responds to the need already highlighted by previous research to include not only micro-level factors but also meso- and macro-level factors in the analysis of immigrant entrepreneurship (Aliaga-Isla and Rialp, 2013).

Details

International Journal of Entrepreneurial Behavior & Research, vol. 26 no. 8
Type: Research Article
ISSN: 1355-2554

Keywords

Article
Publication date: 31 May 2021

Dian Liu

This study chooses to look at early-stage entrepreneurship and entrepreneurial activities from the perspective of university graduates. More specially, this study takes the stance…

Abstract

Purpose

This study chooses to look at early-stage entrepreneurship and entrepreneurial activities from the perspective of university graduates. More specially, this study takes the stance of integrated role of structure and agency, examining how university graduate entrepreneurs recognize, review and activate their entrepreneurial opportunities, and what implications can be drawn in response to the integration of the in-building of the Greater Bay Area (GBA).

Design/methodology/approach

This article is drawn upon 12 case studies of small-scaled (within five permanent personnel) graduate enterprises based in Shenzhen and Hong Kong. The fieldwork was conducted in 2019, including enterprise visits, analyzing the enterprises documents and interviewing the graduate entrepreneurs. Participants were accessed through snowball sampling, and personal privacy and ethnicity were guaranteed during data collection. All founders of the graduate enterprises are university graduates within five years, regardless of their last achieved academic degree.

Findings

In this study, the objectivity–opportunity is interpreted as external enablers that are recognized by graduate entrepreneurs. Due to lack of experience, graduate entrepreneurs are more dependent on existing external opportunities in the market, instead of creating new inspirations. However, lack of experience does not mean the subjectivity–agency is missing. Instead, the subjectivity–element of entrepreneurial opportunity identification is the continuous evaluation in activating the external enablers, which is interpreted as self-evaluated challenges during entrepreneurial opportunity identification. These challenges function as sources of hesitation, modification and termination during their decision-making, as well as reflections of the current graduate entrepreneurial environment.

Originality/value

By date, no sophisticated study in literature is found analyzing the entrepreneurial opportunity identification of university graduates. Additionally, regardless of the rising attention, no agreement is achieved in the literature on measurement of entrepreneurial opportunity, influential factors of entrepreneurial opportunity and sub-elements of the identification process. This implies that more research to be conducted in diverse contexts, sub-entrepreneurial groups and in-depth analysis of selected variables regarding entrepreneurial opportunity, as elaborated in this article.

Details

Asian Education and Development Studies, vol. 11 no. 1
Type: Research Article
ISSN: 2046-3162

Keywords

Article
Publication date: 8 June 2020

Shingairai Grace Masango and Paul Lassalle

There is a growing interest in exploring the interface between international marketing and entrepreneurial opportunities. This paper contributes by defining and elucidating…

1026

Abstract

Purpose

There is a growing interest in exploring the interface between international marketing and entrepreneurial opportunities. This paper contributes by defining and elucidating entrepreneurial action in early internationalising software firms and the corresponding emergent international marketing activities. Entrepreneurial action in early internationalising software firms is explored through the operationalisation of a reconceptualised entrepreneurial opportunity construct and the associated entrepreneurial learning processes.

Design/methodology/approach

The paper adopts an inductive approach, which traces the evolution of five early internationalising propriety software South African firms; from the new venture idea to the establishment of the international entrepreneurial opportunity.

Findings

The findings provide support for entrepreneurial action guided by: prior industry experience, entrepreneurial alertness, opportunity confidence and two levels of entrepreneurial learning; experiential and double-loop learning. Learning by doing allows for the continuous evaluation of the new venture idea leading to the international entrepreneurial opportunity. Market responsiveness and continuous product development resulting in the emergence of the firm's inward international marketing activities constitute the key outcomes of entrepreneurial action.

Research limitations/implications

The study is limited to a specific technology context, which is young software firms whose inward directed internationalisation activities coalesce around the development of their proprietary software technology.

Originality/value

Based on an original dataset of early internationalising software firms from South Africa, this paper inductively operationalises and conceptualises entrepreneurial action as the combined interaction of four key constructs: contingent effects, attitudes to opportunities, learning by doing and entrepreneurial activities leading to the firm's inward international marketing activities and a diversified international client and end-user base.

Article
Publication date: 15 February 2016

Javier Monllor and Nezih Altay

– The purpose of this paper is to investigate the changes in perceptions and actions taken on post-disaster entrepreneurial opportunities.

1016

Abstract

Purpose

The purpose of this paper is to investigate the changes in perceptions and actions taken on post-disaster entrepreneurial opportunities.

Design/methodology/approach

Utilizing worldwide data on natural disasters (EMDAT) and entrepreneurial perceptions (Global Entrepreneurship Monitor (GEM)), the authors apply analysis of covariance to compare entrepreneurial opportunity perceptions and actions before and after a disaster took place.

Findings

The study found that natural disasters have a significant and positive impact on entrepreneurial opportunity perceptions and actions but not on perceptions of self-efficacy, fear of failure and entrepreneurial intentions.

Research limitations implications

One limitation of the study is the use of the secondary data. While the GEM data as well as the EMDAT data are country specific, disasters usually have a direct impact on a region of a country rather than affecting the whole country’s behavior.

Practical implications

The results hold important policy implications. The fact that disasters increase entrepreneurial action implies that local government institutions should include entrepreneurial action as part of the post-disaster recovery process. By providing assistance and access to resources, government institutions could further increase entrepreneurial action and could increase the number of opportunities perceived by individuals which would lead to new and innovative businesses, in addition to the rebuilding of pre-existing firms.

Originality/value

Natural disasters are frequently considered to be the cause of small business failures or an obstacle to their performance, while simultaneously thought to be a vital component of post-disaster reconstruction. To date, few researchers have attempted to understand the impact of these events on entrepreneurial tendencies, behaviors and activities, even though the authors barely understand how they could serve as a source of entrepreneurial opportunity and innovation. This research is one of the first attempts to shed some light into this interesting and important phenomenon.

Details

Journal of Small Business and Enterprise Development, vol. 23 no. 1
Type: Research Article
ISSN: 1462-6004

Keywords

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