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1 – 10 of over 32000Chunxiao Chen, Jian Zhang, Huirong Tian and Xing Bu
Entrepreneurial passion has important implications for entrepreneurial success and psychological well-being. But their connections are complicated by the fact that three…
Abstract
Purpose
Entrepreneurial passion has important implications for entrepreneurial success and psychological well-being. But their connections are complicated by the fact that three entrepreneurial passions (passion for inventing, passion for founding and passion for developing) can be combined differently according to their level and shape difference. A variable-centered approach cannot explain their relationship very well, by only focusing on the level difference and ignoring the different combination of entrepreneurial passion in subpopulations. The purpose of this study is to explore the function of entrepreneurial passion on entrepreneurial success and psychological well-being from a person-cantered approach.
Design/methodology/approach
In this study, the authors conducted latent profile analyses to identify different configurations of different entrepreneurial passions (passion for inventing, passion for founding, passion for developing) on two samples of Chinese students and entrepreneurs. Then in the sample of Chinese entrepreneurs, the authors utilized the DCON command in Mplus to provide comparisons among the profiles on entrepreneurial success and psychological well-being.
Findings
Based on identity theory, the authors found four entrepreneurial passion profiles across two samples—fully passionate, action-driven, interest-driven and dispassionate. Furthermore, the authors found that fully passionate entrepreneurs showed the highest level of entrepreneurial success, followed by action-driven, and then by interest-driven and dispassionate showed the lowest level. Action-driven entrepreneurs experienced the highest level of psychological well-being, followed by fully passionate entrepreneurs, then by interest-driven and dispassionate.
Originality/value
The results provide new insights into the nature and influence of entrepreneurial passion on entrepreneurial success and psychological well-being from a person-centered perspective.
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Eugine Tafadzwa Maziriri, Brighton Nyagadza and Tinashe Chuchu
This study aims to determine the impact of innovation conviction, innovation mindset and innovation creed on the need for achievement and the success of women entrepreneurs. The…
Abstract
Purpose
This study aims to determine the impact of innovation conviction, innovation mindset and innovation creed on the need for achievement and the success of women entrepreneurs. The study also investigates the impact of entrepreneurial education in moderating the relationship between the need for achievement and women’s entrepreneurial success.
Design/methodology/approach
The study used a structured questionnaire and a quantitative research design. Data were gathered from 304 women entrepreneurs in South Africa’s Gauteng province. The data were analysed using smart partial least squares.
Findings
The results showed that innovation conviction, innovation mindset and innovation creed have positive and significant impacts on the need for achievement. It was also discovered that the need for achievement and entrepreneurial education have a positive and significant impact on women's entrepreneurial success. Moreover, the results showed that entrepreneurial education had a positive and significant moderating effect on the nexus between the need for achievement and women's entrepreneurial success.
Practical implications
By comprehensively examining the impact of innovation conviction, innovation mindset and innovation creed on the need for achievement and women's entrepreneurial success, this study has valuable implications for academics.
Originality/value
This research will add to the corpus of information on women's entrepreneurship and small business management in Africa, which is generally overlooked by academics in developing countries.
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Namrata Chatterjee, Niladri Das and Nishit Kumar Srivastava
The present study aims to investigate the influence of key factors on the success of women micro-entrepreneurs in select states of India.
Abstract
Purpose
The present study aims to investigate the influence of key factors on the success of women micro-entrepreneurs in select states of India.
Design/methodology/approach
An empirical study is carried out to understand the influence of the psychological, socio-cultural, skill and resource-related factors on the success of women entrepreneurs. To achieve the set goal, a comprehensive questionnaire is developed for collecting data and is analyzed using the t-test, the chi-square test and structural equation modeling.
Findings
The proposed model is validated using structural equation modeling, and the fitness values indicate that the model is fit to explain the entrepreneurial success of women entrepreneurs in India.
Practical implications
The result advocates that the participation of women entrepreneurs may be increased to not only improve national growth but also empower women in India.
Originality/value
In the context of the women micro-entrepreneurs, no such study covering such a vast area of India has been carried out.
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Rosemary Fisher, Alex Maritz and Antonio Lobo
The purpose of this paper is to evaluate the insights of founding entrepreneurs to understand what they consider as indicators for achieving entrepreneurial success. Using this…
Abstract
Purpose
The purpose of this paper is to evaluate the insights of founding entrepreneurs to understand what they consider as indicators for achieving entrepreneurial success. Using this information, the construct entrepreneurial success was conceptualized and a scale developed for use in subsequent testable models.
Design/methodology/approach
Through qualitative research, the concept of entrepreneurial success was explored with ten founding entrepreneurs. Themes emerged from this enquiry process which informed the development of nine indicators. The indicators were subjected to exploratory and confirmatory factor analysis in a subsequent study, comprising 213 founding entrepreneurs. The result is an early attempt to produce a measurement scale for entrepreneurial success, as perceived by the entrepreneur.
Findings
Entrepreneurs perceive entrepreneurial success as the presence of both personal and macro level variables. This research supports theorizing that suggests entrepreneurial success is a multidimensional construct best captured by more than financial and economic indicators.
Research limitations/implications
This research is limited by the size of the sample, the qualitative context of the research that conceptualized the construct, and the self-report nature of the quantitative study that was used to develop the measurement scale.
Practical implications
The development of a scale provides researchers with the opportunity to include entrepreneurial success, as perceived by entrepreneurs, in future testable models.
Originality/value
This research responds to a call for investigation into entrepreneurial success. It is an early attempt to conceptualize a relevant construct and to develop a scale for use in empirical testing. It is distinguished by using the perceptions of successful entrepreneurs to develop the construct and to validate it.
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Lida Kyrgidou, Naoum Mylonas, Eugenia Petridou and Evdokia Vacharoglou
The purpose of this study is to examine factors leading to venture success, emphasizing the role of entrepreneurs as critical in the whole process, based on a sample of women…
Abstract
Purpose
The purpose of this study is to examine factors leading to venture success, emphasizing the role of entrepreneurs as critical in the whole process, based on a sample of women entrepreneurs. Drawing upon the competence-based view of the firm, it examines the effect of entrepreneurial competencies, managerial competencies and reliance on networks toward increased female venture success rates.
Design/methodology/approach
A structured questionnaire was allocated to women entrepreneurs to seek respondents’ perceptions. Principal component analysis (PCA) with varimax rotation was undertaken to confirm the constructs’ validity. A hierarchical regression analysis was performed to test the hypotheses.
Findings
Networking stands out as having the most significant positive effect on venture success while entrepreneurial and managerial core competencies are both important, with entrepreneurial competencies demonstrating a slightly higher score. Also, years of entrepreneurial experience, entrepreneurial family background and family status prove significant.
Research limitations/implications
The study confirms prior research, highlighting the role of entrepreneurs as central, sharpening understanding of the required determinants of venture success. It further provides new insight into venture success from the perspective of the competence-based theory, highlighting clear-cut competencies.
Practical implications
The study paves the way for the design of entrepreneurial learning programs targeting entrepreneurs and particularly females, highlighting the need for on-going education and educational programs to support entrepreneurs and distinctly women.
Originality/value
The study contributes to the effective management of venture progress and success and provides insight into entrepreneurs and policymakers.
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Ahmad Raza Bilal and Tehreem Fatima
This study aims to extend the much-held strategic entrepreneurial orientation stance and conceptualized it as a psychological disposition of small- and medium-scale enterprises…
Abstract
Purpose
This study aims to extend the much-held strategic entrepreneurial orientation stance and conceptualized it as a psychological disposition of small- and medium-scale enterprises (SMEs) owners. Based on this notion, the authors theorized that individual entrepreneurial orientation (IEO) is a precursor of success in manufacturing sector SMEs. Building on the credo of action regulation, the authors clarified the IEO and SMEs’ success association by introducing exploration activities as a conduit. Further, the authors posited that entrepreneurial alertness augments the nexus of IEO, exploration activities and SMEs success.
Design/methodology/approach
A three-wave survey was done by drawing a cluster-based sample of 389 SME owners in the manufacturing sector of Pakistan. The mediation and moderation analysis were done by PROCESS macro that uses bootstrapping with 5,000 draws to calculate the indirect (Model 4), conditional and conditional indirect effects (Model 7) at a 95% confidence interval.
Findings
The results offered empirical support to the conjectured association among IEO and SMEs’ success mediated by exploration activities. Moreover, the conditional direct (between IEO and exploration activities) and indirect impact (among IEO and SMEs’ success mediated by exploration activities) of entrepreneurial alertness was substantiated.
Originality/value
The authors added to the sprouting body of knowledge in the field of entrepreneurial orientation by focusing on its individual-level psychological conception. The authors have unlocked the interplay between IEO and SMEs’ success via the role of action characteristics of exploration activities and entrepreneurial alertness based on the action regulation tenet. Thus, the authors made a novel contribution by linking the micro-level entrepreneurial orientation and actions with macro-level SMEs' success.
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Robert Kwame Dzogbenuku and Solomon Abekah Keelson
This paper aims to examine the interconnection between marketing and entrepreneurship among small and medium scale enterprises in emerging markets.
Abstract
Purpose
This paper aims to examine the interconnection between marketing and entrepreneurship among small and medium scale enterprises in emerging markets.
Design/methodology/approach
Quantitative data were obtained from 113 micro, small and medium scale enterprises (SME) into services, manufacturing and agriculture selected conveniently within the Tema metropolis, a harbour city in Ghana; however, purposive sampling was used to choose owners and managers as respondents pre-occupied with marketing and entrepreneurial roles. These voluntary informants have operated between 4 and 9 years.
Findings
The study reveals a significant relationship between five dimensions of the study including market orientation and entrepreneurial success; customer orientation and entrepreneurial success; competitor orientation and entrepreneurial success; intelligence generation; and entrepreneurial success, including information dissemination and entrepreneurial success.
Research limitations/implications
Blending marketing with entrepreneurial initiatives has the propensity to accelerate success for wealth and job creation for national development especially in emerging markets where poverty and under development abounds. Adoption of basic marketing principles enables local entrepreneurs to become vehicles for social re-engineering and for rapid socio-economic growth, which ultimately affects lives at the local level. The study was limited to opinion of SME managers and owners of a harbour city.
Practical implications
Application of basic marketing principles influences entrepreneurial success in emerging markets (EMs) highlighting opinions of managers and owners of SMEs strategy warranting attention of stakeholders. Thus, the study validates theoretical model of how prudent marketing and entrepreneurial attitude contributes entrepreneurial success. It also provides a new perspective on marketing principles and success in emerging markets.
Social implications
Consciously incorporating basic marketing principles into operations of MSMEs will impact performances; hence, social lives of entrepreneurs will be affected positively.
Originality/value
This study being among the few in sub-Saharan Africa highlights how application of marketing principles to entrepreneurial operations is a vital role in growing local MSMEs unto the world stage. Therefore, blending basic marketing principles with entrepreneurial initiatives will accelerate wealth and job creation and national development to achieve the world's sustainable development goals aimed at reducing poverty.
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Mohd Shiob Shah and Mohammad Farooq Lala
The purpose of this research is to empirically examine the impact of selecting entrepreneurial framework conditions on the success of entrepreneurs in a conflict zone. The study…
Abstract
Purpose
The purpose of this research is to empirically examine the impact of selecting entrepreneurial framework conditions on the success of entrepreneurs in a conflict zone. The study was conducted in Kashmir, which is a fitting conflict context. The study undertaken responds to the call by multiple authors to substantiate the entrepreneurship literature with empirical evidence from conflict-affected areas. The authors argue that better entrepreneurial framework conditions will enhance entrepreneurial success in conflict zones. This research work is important because it will add to our understanding of the influences of the entrepreneurial ecosystem on entrepreneurs who pursue an entrepreneurial career in conflict zones. This research will add to the existing body of knowledge, which seemingly lacks evidence from conflict zones. Furthermore, this research is important in the Kashmir context because this research will provide insights to stakeholders such as entrepreneurs, government agencies, entrepreneurship development agencies and NGOs, etc.
Design/methodology/approach
The authors surveyed 400 entrepreneurs in the manufacturing, services and retail sectors in Kashmir through a questionnaire. The self-reported responses were used for assessment of entrepreneurial framework conditions and financial and non-financial performance. The data were analysed through the partial least squares structural equation modeling (PLS-SEM) to test the hypothesised relationships. The results were considerable.
Findings
The authors found that most Kashmiri entrepreneurs do not find the entrepreneurial framework conditions supportive of their business. Upon testing the hypothesis, they found a significant and positive impact of entrepreneurial finance, government policies and cultural and social norms on entrepreneurial success. The common belief that ease in market dynamics would positively impact success was negated in this case. They found a significant and negative impact of market dynamics on success. Furthermore, the physical, commercial and professional infrastructure and services showed insignificant results.
Research limitations/implications
This research provides insights about the requirements of entrepreneurial framework conditions in a conflict zone for achieving successful results. The current study acknowledges the call of researchers to carry out quantitative studies in conflict zones.
Practical implications
The findings of this research might prove to be beneficial to the entrepreneurs, policymakers, government agencies and other stakeholders. If taken into consideration while formulating the policies in favour of entrepreneurs in a conflict zone, the findings of this research are an added resource. The current research might be valuable to the Government of Kashmir in recognising the perception of entrepreneurs towards the initiatives or the policies drafted in the past.
Originality/value
As per the knowledge of researchers, no such study has been conducted in Kashmir vis-a-vis the variables studied. The study is original in terms of analysing the impact of the environment on the success of entrepreneurs in a conflict zone in Kashmir.
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Tehreem Fatima, Ahmad Raza Bilal, Muhammad Kashif Imran and Ambreen Sarwar
Based on action regulation theory (ART), this study aims to test the impact of individual entrepreneurial orientation (IEO) training on small business owner career success…
Abstract
Purpose
Based on action regulation theory (ART), this study aims to test the impact of individual entrepreneurial orientation (IEO) training on small business owner career success (financial attainment, satisfaction and achievement). Moreover, this relationship was unpacked through a dual mediation model of IEO behaviour and career resilience.
Design/methodology/approach
A four-wave, longitudinal randomized controlled field experiment was conducted in which 527 small business owners participated from Lahore, Pakistan (training group = 256, control group = 271). The data analysis was done via ANCOVAs (group comparison) and PROCESS Model 6 (for serial mediation).
Findings
The results demonstrated that after getting IEO training, the small business owners had increased IEO behaviour, career resilience and career success as compared to their counterparts in the control group. In addition, the effect of IEO training on career success was attributed to the underlying role of IEO behaviour and career resilience development.
Originality/value
This is one of the few studies that have demonstrated the impact of IEO training on the career-related outcomes based on the action regulation perspective.
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Christina Constantinidis, Typhaine Lebègue, Manal El Abboubi and Noura Salman
Studies on women’s entrepreneurship in Morocco are scarce, despite the potential of women for the country’s economy. This research takes place in a socio-cultural environment…
Abstract
Purpose
Studies on women’s entrepreneurship in Morocco are scarce, despite the potential of women for the country’s economy. This research takes place in a socio-cultural environment searching for a compromise between tradition and modernity. Families occupy a prominent place in Morocco, directly influencing women’s activities. The purpose of this paper is to investigate the role of family in Moroccan women’s entrepreneurial success.
Design/methodology/approach
The qualitative research is based on 60 interviews with women entrepreneurs in Morocco, including women business owners, women professionals and also women co-operators who have not been documented until now, due to data accessibility. It is diversified in terms of personal, family and professional characteristics. The analysis uses an intersectionality framework taking gender and social class into consideration.
Findings
The results highlight three categories of women entrepreneur: the “elite”, the “self-made women” and the “co-operators”. Each category is characterised by specific familial and professional realities, underpinned by differentiated dynamics in terms of gender and social class.
Practical implications
The study, from a practical point of view, contributes to a better understanding of the differentiated realities encountered in terms of women’s entrepreneurship, in the Moroccan context.
Originality/value
Studies in developing countries tend to consider women entrepreneurs as a homogeneous group. This research highlights the fact that family support, women entrepreneurs’ practices and their role in entrepreneurial success depend on the background situations in terms of gender and social class. It also contributes to the entrepreneurial success field, revealing different definitions and perceptions of success among women entrepreneurs.
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