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Article
Publication date: 14 May 2018

Hannes Velt, Lasse Torkkeli and Sami Saarenketo

The purpose of this study is to develop a framework of the elements of the entrepreneurial ecosystem in the context of born global start-ups. The study also applies this framework…

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Abstract

Purpose

The purpose of this study is to develop a framework of the elements of the entrepreneurial ecosystem in the context of born global start-ups. The study also applies this framework to uncover the ecosystem elements that impact start-ups during their initial phases of discovery and validation.

Design/methodology/approach

The authors used an online survey questionnaire sent out to several Estonian start-ups. Based on the responses, a dataset was developed and analysed using STATA and t-test methodology.

Findings

The analysis resulted in the identification of seven systemic ecosystem elements as the main factors impacting the launch and ten elements impacting the growth of born global start-ups. The systemic elements that comprise the ecosystem’s strengths and weaknesses were also identified.

Research limitations/implications

The cross-sectional nature of the survey method and the single-country context are noted as limitations of the study and offer future research potential for longitudinal settings, for mixed method studies and for comparative country data.

Practical implications

The study suggests that start-ups should function in a more collective manner to create platforms, promote one another’s products and services where possible and launch collective initiatives to enhance their visibility in the global context. Born globals should engage with their local entrepreneurial ecosystem, while remaining aware of its relative strengths and weaknesses for supporting internationalisation.

Social implications

Although the local ecosystem involves many stakeholders, this study helps identify key stakeholders that should be focused on by the government. Doing so will help create an increasingly comprehensive ecosystem at the national level – one that functions efficiently in supporting growth-seeking enterprises such as born globals.

Originality/value

This study combines the two research streams of the entrepreneurial ecosystem and born globals by directly connecting them with systemic elements. This study is, to our knowledge, the first to combine the two, thus making an added contribution by highlighting macro- and micro-viewpoints, with the former lacking in research on born globals and the latter in research on ecosystems. Thus, the present study helps in bringing venture creation and local ecosystem development research closer to each other.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 12 no. 2
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 27 June 2019

Birgit Muskat, Leonie Lockstone-Binney, Faith Ong and Maike Andresen

The purpose of this paper is to develop an integrative conceptual framework of the “talented hospitality entrepreneur”. In doing so, the authors address the current lack of…

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Abstract

Purpose

The purpose of this paper is to develop an integrative conceptual framework of the “talented hospitality entrepreneur”. In doing so, the authors address the current lack of understanding of talent at the individual entrepreneurial level and the lack of integration between the talent and entrepreneurship literatures and specifically consider the hospitality context.

Design/methodology/approach

This conceptual paper systematically synthesizes the extant literature and links key concepts within talent management, entrepreneurship, hospitality and human resource management to develop a model of the talented hospitality entrepreneur.

Findings

Seven propositions emerge from the literature synthesis, and the integrative conceptual model is developed to define the individual antecedents of the talented hospitality entrepreneur and their outcomes for success.

Originality/value

To date, understanding of the individual level of talent has been neglected in the management literature. The quandary is that the extant literature on talent has focused on the management of talent at an organizational level, while the entrepreneurship literature has concentrated on spatial macro-level effects. Further, the notion of talent in hospitality literature remains underexplored. Adopting an inclusive view of talent, the authors offer a new integrative framework explaining the constituencies of talent for hospitality entrepreneurs and an associated research agenda.

Details

International Journal of Contemporary Hospitality Management, vol. 31 no. 10
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 13 September 2022

Han Zhang, Fei Kang and Huiying Li

In the era of big data, data have become an essential factor of production. In the context of open government data (OGD), encouraging the commercial development of OGD is…

Abstract

Purpose

In the era of big data, data have become an essential factor of production. In the context of open government data (OGD), encouraging the commercial development of OGD is significant for promoting mass innovation and entrepreneurship. This study aims to explore the configurational impact of data supply, external environment and entrepreneurial foundation on data-driven entrepreneurship.

Design/methodology/approach

This research used a fuzzy set qualitative comparative analysis (fsQCA). Fourteen start-ups using OGD were taken as a case sample.

Findings

This study produces two paths to achieving high entrepreneurial performance, one is a financing-enhanced entrepreneurial path and the other is a data-driven entrepreneurial path. Besides, four conditions are necessary for high performance of OGD-based entrepreneurship: good data quality, mature legal environment, favorable market environment and abundant big data entrepreneurial talents.

Practical implications

The findings have important practical implications for formulating policies related to promoting the application of government open data and innovation and entrepreneurship in terms of strengthening top-level design, improving the legal environment, developing the data market and cultivating entrepreneurial talents.

Originality/value

Although many studies have been conducted on OGD, studies on the paths to successful entrepreneurship based on OGD are limited. In this study, this issue is investigated from a configurational perspective by using the fsQCA technique.

Details

Transforming Government: People, Process and Policy, vol. 16 no. 4
Type: Research Article
ISSN: 1750-6166

Keywords

Article
Publication date: 31 March 2008

Hsiao‐Chi Chen and Ya‐Wen Yu

The purpose of this paper is to focus on selection of a location which can widely influence business strategy planning and operation profit.

3794

Abstract

Purpose

The purpose of this paper is to focus on selection of a location which can widely influence business strategy planning and operation profit.

Design/methodology/approach

In this paper, the relationship between location strategy and clustering is primarily shown by obtaining location decision criteria and the impact of high‐tech firms with the decision‐making trial and evaluation laboratory (DEMATEL) method. Then, analytic network process (ANP) method is used to explain the value and benefits from cluster location.

Findings

The authors study decision‐making for location selection of high‐tech firms in Hsinchu Science Park. The example is based on two dimensions including network effect and transaction cost. Network effect plays a more significant role than transaction cost for this example location selection of high‐tech firms in Hsinchu Science Park. The Science Park is surrounded by entrepreneurial spirit, a significant talent pool, and support infrastructure.

Originality/value

This paper explores how high‐tech managers make their decisions on location strategy in Science Park.

Research limitations/implications

The authors found that cost and benefit factors of network effect dominate the major decision‐making in selection of location and has direct impact on strategic intent. They also have shown that the DEMATEL and ANP approaches are valuable for evaluating this situation.

Details

Management Research News, vol. 31 no. 4
Type: Research Article
ISSN: 0140-9174

Keywords

Article
Publication date: 10 July 2023

Wu Wei and Jia Duan

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.

Details

Chinese Management Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-614X

Keywords

Content available
Book part
Publication date: 23 May 2022

Abstract

Details

Strategic Entrepreneurial Ecosystems and Business Model Innovation
Type: Book
ISBN: 978-1-80382-138-2

Article
Publication date: 13 September 2011

Xiuzhai Zhao

The purpose of this paper is to find out the causes of Chinese graduate entrepreneurship dilemma (both the Chinese graduate entrepreneurship rate and the Chinese graduates'…

1538

Abstract

Purpose

The purpose of this paper is to find out the causes of Chinese graduate entrepreneurship dilemma (both the Chinese graduate entrepreneurship rate and the Chinese graduates' entrepreneurship low success rate) and then to propose some suggestions to the dilemma.

Design/methodology/approach

The study is conducted on the basis of 20 graduate entrepreneurship cases to summarize the necessary qualifications for graduates to start new businesses and then uses Global Entrepreneurship Monitor's (GEM) theory of entrepreneurial climate to analyze the entrepreneurial climate faced by Chinese graduates.

Findings

This paper points out the internal and external causes of Chinese graduate entrepreneurship dilemma: the internal one is that most graduates do not have the qualifications for entrepreneurship; the external one is that the present entrepreneurial climate in China is poor, resulting in difficulties for Chinese graduates to start new ventures.

Practical implications

The paper proposes the following countermeasures to help Chinese graduates get out of the entrepreneurship dilemma: undergraduates actively participating in social practice activities, establishing and improving the entrepreneurship education system, perfecting government policies and creating a strong entrepreneurial culture, respectively.

Originality/value

Nowadays, there is much research into the causes of the Chinese graduate entrepreneurship dilemma from various viewpoints. However, an analysis of the causes using GEMs theory of entrepreneurial climate is rare. This paper analyzes the problem from this aspect.

Article
Publication date: 13 April 2023

Ruling Hong, Minlu Zhan and Fuxi Wang

This study explores configurations that promote the development of collective economies in China's rural villages and reveals the multiple development pathways that otherwise…

Abstract

Purpose

This study explores configurations that promote the development of collective economies in China's rural villages and reveals the multiple development pathways that otherwise remain relatively unexamined in the literature.

Design/methodology/approach

The authors obtained first-hand representative case data from 20 villages in 12 counties in 5 provinces in East, West and Central China via fieldwork and applied fuzzy set qualitative comparative analysis (fsQCA) to conduct a configurational comparative study of the development of village collective economies.

Findings

This paper identifies five factors in the current literature that affect the development of village collectives, based on an “entrepreneur–situation” analytical framework. Using the fsQCA method, this study further obtains two main configurations of conditions that culminate in the growth of rural collective economies in China. The first solution is the “top-down path”: When entrepreneurial leadership (EL), resource endowment (RE) and government assistance (GA) are present, a village collective economy will experience a high level of development, irrespective of policy support (PS) and villagers' participation (VP). The second solution is the “bottom-up path”: When EL, VP and PS are present and GA is not present, a village collective economy will experience a high level of development, irrespective of RE. In both situations, EL stands out as the core condition for the development of village collective economies, implying the need for the government to vigorously cultivate the entrepreneurial skills and aspirations of village cadres.

Originality/value

Taking a configurational perspective and using an fsQCA approach, this research constructs an “entrepreneur–situation” analytical framework to investigate the key combinations of factors and pathways involved in the high level of development of Chinese village collective economies.

Details

China Agricultural Economic Review, vol. 15 no. 3
Type: Research Article
ISSN: 1756-137X

Keywords

Article
Publication date: 29 July 2021

Jason Ryan and Sari Silvanto

This study examines which dimensions of a business environment are most important for attracting globally mobile self-initiated expatriates to a country. The authors use secondary…

Abstract

Purpose

This study examines which dimensions of a business environment are most important for attracting globally mobile self-initiated expatriates to a country. The authors use secondary data from the World Bank, the World Economic Forum, IMD and the World Population Review to test eight hypotheses involving six macro-contextual factors that prior studies suggest attract internationally mobile skilled professionals, such as self-initiated expatriates, to a country's business environment. The macro-contextual factors examined are socio-cultural, economic, natural, ecological, technological clusters and legal and regulatory.

Design/methodology/approach

The authors use secondary data from the World Bank, IMD, World Population Report and the World Economic Forum to test eight hypotheses concerning macro-contextual factors that attract self-initiated expatriates to a country's business environment.

Findings

The study finds that factors such as the ease of hiring foreign labor, the use of English, macroeconomic stability, the diversity of the workforce and the quality of life in a country positively influence the attractiveness of its business environment to self-initiated expatriates. The study also finds that a business environment's socio-cultural, natural, economic and legal and regulatory macro-contextual attributes make it attractive to self-initiated expatriates.

Originality/value

To reduce common source bias, the authors use secondary data from four sources to examine which of six macro-contextual factors make a sample of 63 national business environments attractive to self-initiated expatriates. This study is one of the few to examine the impact of business environments on global mobility.

Details

Journal of Global Mobility, vol. 9 no. 3
Type: Research Article
ISSN: 2049-8799

Keywords

Article
Publication date: 7 November 2016

Robert Newbery, Jonathan Lean and Jonathan Moizer

Serious games are playing an increasingly significant role across a range of educational contexts. Business focused serious games can provide students with an authentic learning…

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Abstract

Purpose

Serious games are playing an increasingly significant role across a range of educational contexts. Business focused serious games can provide students with an authentic learning experience and their use has been increasingly taken up by business school faculty, including those delivering entrepreneurship education (EE). The purpose of this paper is to evaluate the impact of participation in a serious business game on the entrepreneurial intent (EI) of undergraduate students.

Design/methodology/approach

The study adopts a pre-test/post-test quasi-experimental design. It employs a modified version of Linan et al.’s (2011) EI model in the form of a questionnaire survey completed by 263 undergraduate business and management students.

Findings

A logic regression model was used to analyse the survey responses. The research findings indicate that the serious game used in this study has a significant negative impact on EI. Gender and role model effects are also identified from the analysis.

Originality/value

The paper contributes to the literature in two ways. First, it demonstrates the impact of serious business games on EI during the enterprise awareness stage of a student’s EE. Second, it provides a foundation for exploring the role that serious games can play in educating the potential entrepreneurs of the future.

Details

Information Technology & People, vol. 29 no. 4
Type: Research Article
ISSN: 0959-3845

Keywords

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