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The aim of this research is to determine the stages that women in resource-constrained environments go through in order to emancipate themselves through entrepreneurial activities. Based on their fieldwork, the authors develop a process framework of emancipation-through-entrepreneurship.

Semi-structured interviews were conducted with 57 female entrepreneurs in two resource-constrained countries in West Africa. Non-participant observations were employed as a secondary data collection technique to provide important sources of information for triangulation.

This study's findings indicate that the process of female emancipation through entrepreneurship begins with the perception of one's personal motivations, followed by the choice of economic activities, the gathering of various necessary resources, and finally the commencement and running of a venture to bring about the desired emancipation. Various factors, such as family, the external environment, personal qualities and ease of operations, were found to influence the choice of entrepreneurial activities. We also found that human, social, cultural and political capital interact to produce economic capital, a central form of capital for the starting and running of ventures in resource-constrained environments.

Although extant studies have shown that entrepreneurship can be a vehicle for women to liberate themselves from various constraints, it is as yet unclear which process these women follow to achieve such emancipation. The development of a process framework of emancipation-through-entrepreneurship is the key contribution of this paper. Despite extant research demonstrating that entrepreneurship can assist women in financially limited settings to achieve economic independence, the specific steps these women take in the process remain unclear. Thus, this paper presents a process framework that focuses on women in constrained environments and their journey to emancipation through entrepreneurship.

The social transformation of “disadvantaged segments of society” requires an in-depth understanding of their behavioural reactions in different social contexts. To this end, the present study focuses on individuals who become vulnerable owing to their functional illiteracy in an “English”-dominant marketplace. Thus, the purpose of this study is to understand the sources of stress as perceived by functionally illiterate individuals and the mechanisms adopted by them to manage such stress when making “high-involvement” product purchases. Insights gained from the study would be beneficial for developing efficacious support programs for vulnerable populations.

In-depth interviews were conducted with 25 bottom-of-the-pyramid individuals living in slums and housing schemes located in and around Colombo, the capital city of Sri Lanka.

Two sources of perceived stress and five coping strategies were derived from the thematic analysis of the data. Participants highlighted the sources of their perceived stress as possible loss of resources and possible loss of self-esteem. Further, the participants were found to adopt several mechanisms to cope with the state of their stress and vulnerability experienced within English-dominant shopping environments, namely, seeking help from salespeople, continuing to shop at the same store, shopping with companions, “convenience purchasing” and buying only well-known brands.

These insights into the vulnerability, stress and coping mechanisms as experienced by functionally illiterate consumers will allow for the design of efficacious interventions to empower vulnerable populations.

Despite heightened interest in return on investment (ROI) and increased accountability for training professionals to prove their bottom‐line organizational value, many practitioners are deterred from comprehensive measurement and ROI evaluation due to concerns about the cost, time, and human resources necessary to fully implement the process. The purpose of this two‐part series is to present ten best practice, cost‐saving approaches for developing a credible, economical ROI strategy.

A systemic approach to measuring training's impact begins with an evaluation framework. For the purposes of this article, Jack Phillips’ five‐level framework for capturing the financial impact of training programs was referenced. Based on over 20 years of research and global applications, Phillips’ ROI model also includes techniques for isolating the impact of other variables, besides training, on performance improvement.

Many organizations around the globe are using cost‐saving approaches so they can begin conducting ROI evaluation within their current budget, while others use cost‐saving approaches in order to increase the number of ROI studies they conduct. The ten cost‐saving approaches for measuring programs at the ROI level have been proven to significantly decrease resource requirements while still providing sound, credible data. Despite these factors, establishing an evaluation culture is no easy task. In many ways, implementing a system‐wide ROI effort is similar to implementing a large‐scale change initiative.

Practical application of these cost‐saving approaches allows the resource‐constrained training function to present their work in terms of financial benefits that leaders understand and have come to expect. It is a vital step in establishing business partnerships that will enhance commitment for training programs, products, and services going forward.

By evaluating training programs with the ROI in mind, training functions can be perceived in a more credible light. Programs aligned with organization strategy are offered, while others that add little value are redesigned and sometimes eliminated. Trainers, designers and developers can use the findings of an ROI evaluation to increase training alignment with business needs and to improve the efficiency of the training design, development, and delivery life cycle.

The purpose of this paper is to investigate the relationship between individual entrepreneurial orientation (IEO) and bricolage behavior, considering the two emerging dimensions of IEO measurement: passion and perseverance.

A total of 187 postgraduate students who have recently started a new business were selected as the research sample. This study aimed to explore the multidimensional perspective of the new IEO construct. Hierarchical multiple regression analysis was applied to examine the hypotheses.

The results show that along with the enactment of traditional dimensions of IEO, examining the newly introduced dimensions illustrates a distinguished explanation of IEO in resource-scarce environments and leads to a development in entrepreneurial bricolage.

This study examined the IEO construct with two emerging dimensions of IEO measurement: passion and perseverance. This IEO construct is primarily associated with individual behavior and declares bricolage behavior more effectively.

Wireless sensor networks (WSNs) will profoundly influence the ubiquitous computing landscape. Their utility derives not from the computational capabilities of any single sensor node, but from the emergent capabilities of many communicating sensor nodes. Consequently, the details of communication within and across single hop neighborhoods is a fundamental component of most WSN applications. But these details are often complex, and popular embedded languages for WSNs provide only low‐level communication primitives. We propose that the absence of suitable communication abstractions contributes to the difficulty of developing large‐scale WSN applications. To address this issue, we present the design and implementation of a Remote Procedure Call (RPC) abstraction for nesC and TinyOS, the emerging standard for developing WSN applications. We present the key language extensions, operating system services, and automation tools that enable the proposed abstraction. We illustrate these contributions in the context of a representative case study, and analyze the overhead introduced when using our approach. We use these results to draw conclusions regarding the suitably of our work to resource‐constrained sensor nodes.

This study aims to answer the following research question: What are the opportunities for future research concerning the Frugal Innovation (FI) phenomenon? To address this, the authors propose a novel approach to literature review on the topic. They do so in view of synthesising scholars’ recommendations for subsequent studies. They also advocate that it is time to contribute to the establishment of the FI field by mapping the future of this approach.

The authors conducted a systematic literature review (SLR) to connect past and future research on FI. After the screening process of the documents extracted from multiple databases, they performed a bibliometric analysis to provide an overview of the field. Furthermore, the lexical analysis and descending hierarchical analysis were generated through the IRAMUTEQ software to identify the clusters for future research on FI.

This research not only demonstrates the current state of the art of FI literature but also identifies a research agenda with six categories of opportunities for further studies on the topic: frugal consumer behaviour; establishment of the field; sustainable impact; approaches to different contexts; implementation processes; and challenges for value creation.

The FI phenomenon is receiving increasing attention from scholars in the management field due to its socioeconomic and managerial implications, especially after the Covid-19 outbreak. Therefore, the findings benefit scholars striving to expand the scope of FI research, as well as entrepreneurs, managers and organisations aiming to enhance their social responsibility to reduce their environmental impact.

How does career boundary-crossing affect an entrepreneur’s new venture? When entrepreneurs cross industry or functional boundaries to lead startups, they may lack specific experience needed for performance. Conversely, the diverse experiences they carry can enhance exploration and lead to the emergence of innovation in startups. We highlight important consequences of career boundary-crossing, using a multi-industry longitudinal sample of high-technology firms. We find that entrepreneurs who cross functional boundaries are more likely to lead their startups into new product areas. We also find that entrepreneurs’ industry boundary-crossing is associated with startup failure, but it also increases the probability of an IPO.

Entrepreneurial opportunities come in various forms and are influenced by socio-economic conditions. Increasingly entrepreneurs are being asked to take a more balanced approach between financial and environmental considerations when assessing an opportunity. The aim of this chapter is to discuss how entrepreneurial opportunities need to take an economics and sustainability perspective in the competitive global marketplace in order to keep up to date with contemporary business practices. This will enable a more transdisciplinary approach to the opportunity recognition process that integrates multiple disciplinary frameworks.

Research shows that having student loan debt in retirement is associated negatively with life satisfaction, suggesting that student debt is a bane of retiree well-being. The rationale for this study is to determine the factors related to owing student debt in retirement, given the adverse effects on the well-being of retired households.

The study utilizes pooled cross-sectional data from the 2015 and 2018 U.S. National Financial Capability Study. The empirical analysis uses a sample of retired Americans aged 65 years and older (N = approximately 8,000) and estimates two-block logistic regression models to examine the effects of demographic, socioeconomic and behavioral factors on student loan indebtedness in retirement. A sensitivity analysis is performed for the subsample of retirees holding student debt for their children's education. Statistical interpretations use odds ratios.

The findings indicate that financial literacy, age, homeownership and high subjective financial knowledge are associated with a low likelihood of holding student loan debt in retirement. However, being Black, having postsecondary education, having difficulty covering expenses, having financially dependent children, having high-risk preferences and spending more than income increase the likelihood of holding student debt in retirement. The ensuing discussion will assist financial planners and educators identify practical ways to shape decisions regarding student loan debt in retirement.

The amount of student loan debt is unavailable in the dataset for analysis. One cannot infer causal relations from the study. The factors examined do not reflect the time the student loan was obtained.

The study focuses on the determinants of student loan indebtedness among retired Americans rather than young adults or older adults on the verge of retirement. The paper enhances the understanding of student loan holdings in the decumulation phase of the life cycle. Many US individuals have low retirement savings from which they draw a retirement income. The more the student debt burdens on retired Americans, the greater the likelihood of outliving their resources and experiencing poverty.

The authors address the role that income plays in allowing individuals to resist dominant institutional norms and engage in entrepreneurship.

This is a conceptual article that develops propositions about the relationship of institutional logics and income level with opportunity entrepreneurship.

The authors suggest that high-income individuals are less impacted than low-income individuals by institutional logics that do not support opportunity entrepreneurship. More specifically, the positive effects of a national business system that reflects and replicates market logics within a society have a greater impact on the proclivity to pursue opportunity entrepreneurship of low-income individuals than those with high incomes.

Policymakers addressing poverty need to understand that examining the overall societal impact of institutions is not enough. Weak institutions have a disproportionately negative impact on low-income individuals. In addition to critical resources, the accessibility of market logics is key.

This study is the first in the entrepreneurship domain to theorize how and why institutions matter more for low-income individuals. This occurs via two mechanisms: (1) market logic accessibility and (2) the degree to which institutionalized market logics decrease opportunity cost. In so doing, this study contributes to the literature on embedded agency within the institutional logic perspective.