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Santos, Roberto S., Sunny Li Sun, and Xiaoyi Luo. "invisaWear: evolving the entrepreneurial mind-set." CASE Journal 16, no. 4 (July 21, 2020): 393–414. http://dx.doi.org/10.1108/tcj-12-2019-0126.
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Theoretical basis Why do some individuals become entrepreneurs while others do not? This fundamental question has vexed entrepreneurship scholars for some time, giving rise to various schools of thought. Traditional economic motivation theories, for example, suggest that entrepreneurial opportunities arise from changes in either supply (Shane, 2000) or demand (Dew et al., 2004) and emphasize personal economic gain as a motivator for pursuing entrepreneurship. Both neoclassical equilibrium and psychological theories take a person-centric perspective whereby stable, enduring differences among people’s characteristics, determines who becomes an entrepreneur. Opportunity recognition may be enhanced through perspective taking (i.e. putting oneself in the shoes of another person) (Prandelli et al., 2016). Research methodology The founders of the company provided us with access to the inner workings of the company, their mentors and advisors and themselves. This study used archival research and interviews when preparing this case. Interviews allow for the development of uncensored, real-life insights into the entrepreneur’s business experience. The authors first conducted a 90-min interview with Rajia and Ray at DifferenceMaker® Central on the UMass Lowell campus. DifferenceMaker® provided us with pictures and timelines from when Rajia and Ray participated in the various DifferenceMaker® activities and competitions. A follow-on 90-min interview was conducted with the founders four months later at the UMass Lowell Innovation Hub to delve deeper into their transition from engineers to entrepreneurs. Case overview/synopsis In the summer of 2016, the future of invisaWear suddenly became uncertain. Rajia Abdelaziz and Ray Hamilton had conceived an idea for smart jewelry that they felt solved a real problem. But it was one thing to have a great idea and quite another to turn that idea into a real business. As engineering students, they were accustomed to solving problems, but if they truly wanted to make an impact, they had to learn to solve problems as entrepreneurs. With the help of DifferenceMaker® and their mentors, they developed an entrepreneurial mind-set and decided to build invisaWear into a company. Complexity academic level This case is suitable for an undergraduate course in business or entrepreneurship. This case is intended to illustrate to both business and non-business students how individuals with different backgrounds can become entrepreneurs. Presented as a real-life example of how engineering students can make the transition to an entrepreneurial mind-set, the case can also be used to hone in on select topics including opportunity recognition, problem-solving, ideation and the business model canvas.
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Zülküf Altan, Mustafa. "EFL Classes for Cultivating Entrepreneurial Mind-set." Language Teaching Research Quarterly, no. 11 (September 2019): 20–30. http://dx.doi.org/10.32038/ltrq.2019.11.03.
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Dewi, Muharika, Erna Susanti, Rina Susanti, Zefri Yenni, and Eliza Eliza. "THE EFFECT OF MINDSET PERSONAL ON BEHAVIOR OF INTERNET ENTREPRENEURSHIP STUDENTS OF UNIVERSITAS PUTRA INDONESIA YPTK PADANG." Sosiohumaniora 22, no. 1 (March 4, 2020): 1. http://dx.doi.org/10.24198/sosiohumaniora.v22i1.25625.
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The importance of understanding mindsets to direct behavior in internet-based entrepreneurship is the effort in bringing entrepreneurial learning processes close to changes in entrepreneurial behavior. This study aims to determine the grouping of students’ mind sets in two growth and fixed categories, knowing the description of mind set content and internet entrepreneurial behavior in students, knowing the differences in internet entrepreneurial behavior based on student mindsets, knowing the correlation between mind set and internet entrepreneurial behavior, then know the contribution of mindset to internet entrepreneurial behavior. This research method with a quantitative approach, using a likert scale questionnaire instrument, the sample is students registered at UPI YPTK Padang in 2018/2019 academic year totaling 148 people, sampling from the population is done by purposive sampling technique, data analysis with percentage techniques in describing data, independent test sample t test for different tests, pearson correlation product moment analysis for testing the relationship of variables and the square of r for testing the contribution. The results of the analysis state that 45% of students with a fixed mind set and 55% with a growth mind set, students with a growth mind set have better internet entrepreneurial behavior with an average of 86.82%. Hypothesis testing states that there are differences in student internet entrepreneurial behavior based on personal mindsets, there is a fairly strong correlation between mind set with internet entrepreneurial behavior, with a contribution of 20.4%. It is proven that students with growth mindsets have higher behavior in internet entrepreneurial activities, therefore to increase the ability and interest of students in entrepreneurship must start from the approach to the correct mindset about entrepreneurship.
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Bilén, Sven G., Elizabeth C. Kisenwether, Sarah E. Rzasa, and John C. Wise. "Developing and Assessing Students' Entrepreneurial Skills and Mind‐Set*." Journal of Engineering Education 94, no. 2 (April 2005): 233–43. http://dx.doi.org/10.1002/j.2168-9830.2005.tb00844.x.
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Caggiano, Valeria, Alfonsina Calderón, and Silvio Manuel Da Rocha Brito. "Q.I. OF BEAUTY: MODELS, VALUES AND ENTREPRENEURIAL MIND SET." International Journal of Developmental and Educational Psychology. Revista INFAD de Psicología. 4, no. 1 (November 29, 2016): 535. http://dx.doi.org/10.17060/ijodaep.2014.n1.v4.641.
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Abstract.The theme of Entrepreneurial Education has acquired more and more importance in the last years as, in the present economic situation, there is a growth of the exigency, above all among young people, to reinvent themselves and to create their own personal business. This happens in every field of the labor market, even in the fashion world. The present research has, in fact, the goal to introduce a real course on entrepreneurial education inside fashion agencies, to offer young models the basics to become entrepreneurs and make the most of their skills and attitudes, to make their way in a world which, contrary to what it seems, is not only made of beauty. The sample is represented by a group of eighty five (85) models who are part of different fashion agencies. The focus of this study is represented by the subject and his intraentrepreneurial being inside the work context.Keywords: entrepreneurship, labor market, fashion world
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Towers, Neil, Adhi Setyo Santoso, Nadine Sulkowski, and John Jameson. "Entrepreneurial capacity-building in HEIs for embedding entrepreneurship and enterprise creation – a tripartite approach." International Journal of Retail & Distribution Management 48, no. 8 (June 12, 2020): 881–99. http://dx.doi.org/10.1108/ijrdm-06-2019-0185.
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PurposeThe aim of this paper is to conceptualise entrepreneurial capacity-building as an integrated approach within the international higher education sector. Whilst university–enterprise collaboration is recognised as being essential to promoting graduate employability and entrepreneurship, the lack of an integrated approach towards embedding entrepreneurship education and entrepreneurial capacity-building with an entrepreneurial skill and mind-set prevails in the higher education sector. With reference to the retail sector, increasingly competitive job markets and the need for entrepreneurial capacity-building place growing pressures on universities to nurture career-ready graduates with entrepreneurial acumen.Design/methodology/approachThe theoretical paper presents a rationale for embedding entrepreneurship education into university curricula and for promoting university–business collaboration. Secondly, it reviews the extent to which entrepreneurial capacity-building is institutionally embedded to foster graduate entrepreneurship, university–business collaboration and business incubation within one strategic framework. Finally, the paper proposes five propositions within a tripartite approach that can foster graduate entrepreneurs with entrepreneurial skills and mind-set, useful for existing enterprises and start-ups. The implications for these propositions are discussed.FindingsThe authors propose five propositions with a tripartite approach that can foster graduate entrepreneurs with entrepreneurial skill and mind-set, skills for creating enterprises and university–enterprise collaboration within one strategic framework.Practical implicationsIncreasingly competitive job markets and the need for entrepreneurial capacity-building place growing pressures on universities to nurture career-ready graduates with entrepreneurial acumen in social science (e.g. retail, business management and accountancy) and science (e.g. pharmacy, architecture and engineering) programmes centred within the tripartite approach.Originality/valueWhilst university–enterprise collaboration is recognised as being essential to promoting graduate employability and entrepreneurship, the tripartite integrated approach embeds entrepreneurship education and entrepreneurial capacity-building with an entrepreneurial skillset and mind-set in the international higher education sector.
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Perkasa, Didin Hikmah, and Ferryal Abadi. "MODEL HUBUNGAN ENTREPRENEURIAL LEADERSHIP, ENTREPRENEURIAL CULTURE DAN ENTREPRENEURIAL MIND-SET TERHADAP ORGANIZATIONAL PERFORMANCE MELALUI INNOVATION SEBAGAI VARIABEL MEDIASI." Jurnal Riset Manajemen dan Bisnis (JRMB) Fakultas Ekonomi UNIAT 5, no. 2 (April 27, 2020): 15–28. http://dx.doi.org/10.36226/jrmb.v5i2.358.
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Purpose-The main objective of this research is to study and analyze entrepreneurial leadership, entrepreneurial culture and entrepreneurial mindset on organizational performance with innovation as mediation using quantitative descriptive.
Design/methodology/approach-Data were obtained from 280 respondents who are furniture entrepreneurs in DKI Jakarta. Data analysis in this study uses an alternative method of structural equation modeling (SEM)partial least square (PLS).
Findings-The results show that entrepreneurial leadership and entrepreneurial mindset have a significant effect on organizational performance, but not for entrepreneurial culture. Innovation is proven to mediate the relationship between entrepreneurial culture and entrepreneurial mindset to organizational performance.
Implications-Efforts to improve organizational performance can be implemented by encouraging entrepreneurial leadership and entrepreneurial mindset through a series of ongoing training.
Keywords: entrepreneurial leadership, entrepreneurial culture, entrepreneurial mindset, innovation and organizational performance
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Mathushan, P. "Instilling Entrepreneurial Mind-Set through Entrepreneurship Education: A Systematic Review of Literature." Sabaragamuwa University Journal 18, no. 1 (December 31, 2020): 43. http://dx.doi.org/10.4038/suslj.v18i1.7753.
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Adewumi, Samson Adeoluwa. "STUDENTS’ ENTREPRENEURIAL MINDSET IN THE ERA OF GLOBAL HEALTH PANDEMIC: PERSPECTIVE FROM THE UNIVERSITY OF LAGOS, NIGERIA." EURASIAN JOURNAL OF BUSINESS AND MANAGEMENT 9, no. 1 (2021): 71–89. http://dx.doi.org/10.15604/ejbm.2021.09.01.006.
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Remarking on the justification for entrepreneurship as a critical component for economic and employment creation, emphasis on building a robust student’s entrepreneurship mind-set has received less attention, especially in this era of global health pandemic (Covid-19). This knowledge chasm stimulates the need to understand students’ entrepreneurship mind-set in this era of paid employment loss. A total of 24 final year students were selected on purpose and snowball across two faculties with the Mind-set theoretical analysis reviewed as the theoretical leaning. The results reveal the development of students’ entrepreneurship mind-set to include attitude development, preparedness, being business savvy and a stimulating business environment. Others include effective mobilization of human and material resources and appropriate students’ cognitive cognizance. The persistent economic downturn was argued as the link between the global health pandemic and the dwindling rate of graduate jobs, whereas appropriate entrepreneurship education, content and curriculum was advanced as important indicators for a sustaining students’ entrepreneurial mind-set. The study recommends the university administrators in their effort to implement entrepreneurship education across the strata of the university as a pathway to economic sustenance and development. This effort, however, must be channeled to ensure students are greatly motivated towards entrepreneurship venture.
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Habbershon, Timothy G., and Joseph Pistrui. "Enterprising Families Domain: Family-Influenced Ownership Groups in Pursuit of Transgenerational Wealth." Family Business Review 15, no. 3 (September 2002): 223–37. http://dx.doi.org/10.1111/j.1741-6248.2002.00223.x.
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The field of family business studies has not explicitly identified the entrepreneurial potential of the family ownership group or adequately delineated the strategic requirements for sustaining wealth creation across generations. To address such issues, this paper presents the parameters for family-influenced transgenerational wealth creation. It identifies the family ownership group as the appropriate unit of entrepreneurial analysis and delineates the entrepreneurial strategy methods and family-as-investor mind-set that create the enterprising families domain. In so doing, the paper creates a true nexus between the fields of entrepreneurial strategy and family business studies.
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Sankar and Irin Sutha. "COLLEGE STUDENT MIND-SET AND INTENTIONS TOWARD ENTREPRENEURSHIP IN CHENNAI CITY." International Journal of Research -GRANTHAALAYAH 4, no. 8(SE) (August 31, 2016): 36–39. http://dx.doi.org/10.29121/granthaalayah.v4.i8(se).2016.2584.
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The objective of the present paper is to examine the college student Mind-set and intentions toward entrepreneurship, Entrepreneurship is considered as engine of economic growth. That plays a great role in the economic growth and development of the country, more so in a rapidly developing country like India. Entrepreneurship development today has assumed great significance as it is a key to economic development. Entrepreneurs are the seed of industrial development and its fruits are greater employment opportunities, increase in per capita income, higher standard of living and balanced regional development. The present paper attempts to review and analyze the empirical studies undertaken to find out the entrepreneurial intention among college students and find out the factors influencing their decision to venture in entrepreneurship.
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Haase, Heiko, Arndt Lautenschlager, and Ravinder Rena. "The entrepreneurial mind-set of university students: a cross-cultural comparison between Namibia and Germany." International Journal of Education Economics and Development 2, no. 2 (2011): 113. http://dx.doi.org/10.1504/ijeed.2011.040406.
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Winkel, Doan, Justin Wilcox, and Atul Teckchandani. "The 60-Minute MVP." Entrepreneurship Education and Pedagogy 3, no. 4 (September 16, 2019): 371–86. http://dx.doi.org/10.1177/2515127419870293.
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The 60-minute minimum viable product (MVP) exercise teaches critical aspects of the entrepreneurial mind-set and lean start-up methodology, namely, the iterative process of hypothesis testing through the creation of MVPs. In 60 minutes, with no prior technical expertise, students will work in teams to design a landing page, create a teaser video, and set up a way to gather information from prospective customers. The resulting low-fidelity MVP can subsequently be shared with prospective customers to gauge interest and be used as a starting point for the hypothesis testing process used in the lean start-up methodology. This is an immersive exercise that activates students, builds confidence, and teaches important entrepreneurial principles.
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Tamprateep, Polamorn, Chayaporn Tanaboriboon, and Borwornpun Rathprasert. "Factors Affecting the Entrepreneurial Intentions Among University Students of Thailand." Journal of Computational and Theoretical Nanoscience 16, no. 11 (November 1, 2019): 4773–81. http://dx.doi.org/10.1166/jctn.2019.8389.
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Due to today economic conditions, entrepreneurship is one the emerging source for the economic growth and prosperity. Now the individuals diverting their intentions to entrepreneurship, for this reason this has examined the role of entrepreneurial education, internship quality and elements of TPB (attitude, social norms, perceived behavioral control) affect the entrepreneurial intentions. Students were considered for data collection who have done internship during their study time period. Data were collected by using convince sampling technique by using questionnaires. Smart-PLS has been used for the data analysis. The findings of the study show that all variables are significantly and positively associated with entrepreneurial intentions. The result shows that entrepreneurial education, internship quality, attitude, subjective norms, and perceived behavioral control are positively significantly related with entrepreneurial intentions. The findings of the study shows that only financial resources are not enough to start a new business, behavioral factor also affect the entrepreneurial mind set. Among all the variables perceived behavioral control emerge to be a strongest predictor of entrepreneurial intentions. Whereas subjective norms predicted the entrepreneurial intentions with smallest effect size and explained only 5% variance in entrepreneurial intentions. Practical implications and future directions are provided at the end of the study.
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Werthes, Daniela, René Mauer, and Malte Brettel. "Cultural and creative entrepreneurs: understanding the role of entrepreneurial identity." International Journal of Entrepreneurial Behavior & Research 24, no. 1 (January 8, 2018): 290–314. http://dx.doi.org/10.1108/ijebr-07-2016-0215.
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Purpose The purpose of this paper is to explore whether and how entrepreneurs in the cultural and creative industries develop an entrepreneurial identity. It also aims to expand research on cultural and creative entrepreneurship. Design/methodology/approach The study is based on longitudinal qualitative cases and analyses the potential entrepreneurial identity development of eight cultural and creative entrepreneurs from Germany. The researchers create a framework to ascertain whether and, if so, how cultural and creative entrepreneurs develop an entrepreneurial identity. Findings The findings suggest that cultural and creative entrepreneurs do develop an entrepreneurial identity and incorporate their cultural and creative identity into that entrepreneurial identity whereas self-reflection is a key driver in the development. Practical implications Cultural and creative entrepreneurs are a key driver of economic development. Hence, it is important to generate a more detailed understanding of their entrepreneurial mind-set and their behaviour. Originality/value The study suggests that cultural and creative entrepreneurs actively develop an entrepreneurial identity and that self-reflection, communication with other entrepreneurs and entrepreneurial experience are the main drivers of their identity development. Nevertheless, their cultural and creative identity does have an influence on their entrepreneurial identity. In addition, the study demonstrates how such entrepreneurs develop their identity.
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Manthey, Marie. "A Brief Compendium of Curious and Peculiar Aspects of Nursing Resource Management." Creative Nursing 15, no. 2 (April 2009): 61–65. http://dx.doi.org/10.1891/1078-4535.15.2.61.
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The compendium of extraordinary operational skills required, the lack of recognition about the exact nature of nursing work, and deeply imbedded negative mind-sets result in staff nurses experiencing guilt and anger rather than the satisfaction of knowing they made a difference in someone’s life because of the nursing care they gave. A change of mind-set from entitlement thinking to entrepreneurial thinking, with an emphasis on maximizing available resources, will empower nurses to understand that they have the right and the responsibility to decide what to do and what not to do when there is more work to do than time available.
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Manthey, Marie. "From the Archive—A Brief Compendium of Curious and Peculiar Aspects of Nursing Resource Management." Creative Nursing 24, no. 4 (November 2018): 231–35. http://dx.doi.org/10.1891/1078-4535.24.4.231.
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The compendium of extraordinary operational skills required, the lack of recognition about the exact nature of nursing work, and deeply imbedded negative mind-sets result in staff nurses experiencing guilt and anger rather than the satisfaction of knowing they made a difference in someone’s life because of the nursing care they gave. A change of mind-set from entitlement thinking to entrepreneurial thinking, with an emphasis on maximizing available resources, will empower nurses to understand that they have the right and the responsibility to decide what to do and what not to do when there is more work to do than time available.
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Shepherd, Dean A., Evan J. Douglas, and Jason R. Fitzsimmons. "MBA Admission Criteria and an Entrepreneurial Mind-Set: Evidence From “Western” Style MBAs in India and Thailand." Academy of Management Learning & Education 7, no. 2 (June 2008): 158–72. http://dx.doi.org/10.5465/amle.2008.32712615.
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Hanif, Hanif, Abdulah Rakhman, and Muhammad Nurkholis. "The Construction of Entrepreneurial Accounting: Evidence from Indonesia." GATR Global Journal of Business Social Sciences Review 7, no. 2 (June 24, 2019): 104–17. http://dx.doi.org/10.35609/gjbssr.2019.7.2(1).
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Objective - This research aims to identify a cultural theme embedded in entrepreneurial accounting and construct the form of entrepreneurial accounting. Methodology/Technique – A cognitive anthropology method is employed in this research to investigate the cultural atmosphere of entrepreneurial accounting. This is achieved by conceiving the atmosphere into informants’ (owner/entrepreneur-director) mind-set. The research was conducted at various Padang restaurants in Jakarta, Indonesia, that were classified into four groups based on their size and level of complexity. Finding and Novelty - Firstly, a number of cultural themes of entrepreneurial accounting are revealed among the four Padang restaurant groups. There are four similar cultural themes: (a) business process turbulence; (b) togetherness intensity; (c) informal control processes; and (d) formal control processes. Despite the fact that all of the restaurants have similar cultural themes, the elements embedded in each theme are different and require certain adjustments in the design of entrepreneurial accounting based on a profit sharing system. Secondly, a construction of entrepreneurial accounting coloured with a unique socio-cultural background was also discovered. This construction enables owner/entrepreneur-directors to execute work programs with a view to achieving the company’s goal to enhance performance, either financially or non-financially. Type of Paper: Empirical.
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Grosholz, Jessica M., Jean D. Kabongo, Michael H. Morris, and Ashley Wichern. "Entrepreneurship Education in the Transformation of Incarcerated Individuals: A Review of the Literature and Future Research Directions." International Journal of Offender Therapy and Comparative Criminology 64, no. 15 (June 9, 2020): 1551–70. http://dx.doi.org/10.1177/0306624x20928020.
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This article draws upon the theories of entrepreneurial cognition, planned behavior, and criminal desistance to understand the role of entrepreneurship education in the behavioral and cognitive transformation of incarcerated individuals. Specifically, this article considers how participation in an entrepreneurship education program should influence entrepreneurial opportunity recognition, cognitive transformation, and institutional misconduct. It suggests these changes are more likely to influence an incarcerated person’s entrepreneurial intentions and criminal desistance. The six propositions presented shed light on how an incarcerated individual’s willingness to change his or her attitudes and develop an entrepreneurial mind-set influence his or her behavior in prison and prepares him or her to prosper in a dynamic and complex world after release. This article argues that the study of one’s transformation while incarcerated through the discovery, evaluation, and exploitation of opportunities is likely to advance empirical and theoretical perspectives of the fields of entrepreneurship. The examination of how incarcerated persons deal with fear of failure, risk aversion, and identity, in particular, presents great opportunities for future research.
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Green, Daryl D., Braden Dwyer, Sinai G. Farias, Cade Lauck, and JoziRose Mayfield. "Hip-Hop Culture: A Case Study of Beats by Dre for Entrepreneurship." Management and Economics Research Journal 5 (2019): 1. http://dx.doi.org/10.18639/merj.2019.868325.
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This case study examines Beats by Dr. Dre on how to infuse the entrepreneurial spirit in today’s college students, given the backdrop of hip-hop culture. In more than 10 years, the legendary music record producer Jimmy Iovine and hip-hop icon Dr. Dre has turned a small subculture success into a multibillion-dollar business. With that growth of Beats by Dre, there are opportunities for universities to learn from this company. Through the lens of hip-hop, readers can observe the characteristics of effective entrepreneurship, which is essential for success in the business world. The result of this investigation is significant because the results can better assist scholars and practitioners on how to inject the entrepreneurial mind-set in young business professionals.
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Lin, Zhibin, Xuebing Cao, and Ed Cottam. "International networking and knowledge acquisition of Chinese SMEs: the role of global mind-set and international entrepreneurial orientation." Entrepreneurship & Regional Development 32, no. 5-6 (July 8, 2019): 449–65. http://dx.doi.org/10.1080/08985626.2019.1640459.
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Ashraf, Mohammad Ali, Mirza Mohammad Didarul Alam, and Lidia Alexa. "Making decision with an alternative mind-set: Predicting entrepreneurial intention toward f-commerce in a cross-country context." Journal of Retailing and Consumer Services 60 (May 2021): 102475. http://dx.doi.org/10.1016/j.jretconser.2021.102475.
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Secundo, Giustina, Pasquale Del Vecchio, Giovanni Schiuma, and Giuseppina Passiante. "Activating entrepreneurial learning processes for transforming university students’ idea into entrepreneurial practices." International Journal of Entrepreneurial Behavior & Research 23, no. 3 (May 2, 2017): 465–85. http://dx.doi.org/10.1108/ijebr-12-2015-0315.
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Purpose The purpose of this paper is to explore how collaborative entrepreneurial learning (EL) processes between entrepreneurs and university students can enhance the entrepreneurial practices in the context of knowledge-intensive enterprises. These learning processes represent a valuable source for entrepreneurship development in incumbent enterprises in the forms of innovative products, services, processes or organizational renewal. Design/methodology/approach An extreme case study is the project “Mimprendo” (www.mimprendo.it), an initiative promoted by the Italian Conference of the University Colleges and the Italian Association of Young Entrepreneurs in collaboration with Italian universities. This is analyzed in the period 2009-2015, during which seven editions were developed. Findings A framework is presented based on collaborative EL processes to perform relevant entrepreneurial projects in knowledge-intensive enterprises. The framework provides a coherent and systematic approach to generate, select and implement entrepreneurial practices in incumbent companies starting from a project competition involving creative students and innovative entrepreneurs. EL processes in the community composed of entrepreneurs, experts and university students are grouped into the entrepreneurial phases of inspiration, exploration, exploitation, acceleration and growth, and include the learning processes of “intuition and sensing,” “contamination,” “experiential and contextual learning,” “experimenting and acting” and finally “thinking and reflecting.” Research limitations/implications Implications for research can be identified according to many perspectives to deepen the centrality of the learning process in the research on knowledge-intensive entrepreneurship. Practical implications The framework results to be a promising approach to diffuse an entrepreneurial culture both in incumbent enterprises and in university students through a synergic collaboration among industry, university and institution. Practical implications could be derived for enterprise, students and educators involved in the design of innovative learning initiatives to sustain the development of an entrepreneurial mind-set. Originality/value The framework contributes to extending an emerging research area exploring entrepreneurship as a never-ending dynamic learning process. The involvement of brilliant university students in activating EL process with entrepreneurs in incumbent enterprises represents a novel aspect in the field of entrepreneurship and innovation.
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Fellnhofer, Katharina, Kaisu Puumalainen, and Helena Sjögrén. "Entrepreneurial orientation and performance – are sexes equal?" International Journal of Entrepreneurial Behavior & Research 22, no. 3 (May 3, 2016): 346–74. http://dx.doi.org/10.1108/ijebr-12-2015-0286.
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Purpose – The purpose of this paper is to shed light on the different perceptions of entrepreneurial orientation (EO) of females compared to those of their male counterparts. EO and its links to performance are examined at the level of both the individual and the firm. Design/methodology/approach – Multiple linear regression analyses of a data set with 301 employees in different industries reveal significant differences between genders. Findings – EO has a positive impact on performance at both individual and firm levels of analysis. Females tend to perceive their individual EO as lower than males, but their self-evaluated work performance is higher than that of males. The firm’s EO is also perceived differently by men and by women, but the perceptions of firm’s performance are similar. Research limitations/implications – The results draw attention to the differences between individuals when they evaluate firm-level constructs like EO. While the sample is based on a small number of firms, the findings suggest that EO is neither pervasive throughout the firm nor gender-neutral. Practical implications – The different gender-related perceptions should be kept in mind when promoting entrepreneurially oriented behaviour within organizations. A strong focus on EO in entrepreneurship policy or education may discourage women. Originality/value – So far, multi-level organizational interrelationships have been substantially neglected with respect to the gender dimension.
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Thanasi-Boçe, Marsela. "Enhancing students' entrepreneurial capacity through marketing simulation games." Education + Training 62, no. 9 (February 26, 2020): 999–1013. http://dx.doi.org/10.1108/et-06-2019-0109.
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PurposeEducation can cultivate a variety of skills for future entrepreneurs. The purpose of this study was to explore the role of a marketing simulation game as a pedagogical tool to enhance the entrepreneurial mind-set and boost the predisposition of postgraduate students to become entrepreneurs.Design/methodology/approachQualitative data from the feedback of students regarding their simulation experience in an advanced marketing course were collected and analyzed.FindingsThe reports showed that, in a simulation setting, entrepreneurial learning can develop students' entrepreneurial skills and encourage them to undertake entrepreneurial activities. The simulation experience allowed students to face challenges, overcome limitations, improve their analytical skills, and enhance their business knowledge.Research limitations/implicationsFirst, these findings cannot be generalized as they are based on a small sample of students. Second, qualitative research is very reliant on the individual characteristics of students. Because of the restricted time of the module, the students were only allowed to run six rounds (the minimum) out of 10. More rounds would have benefitted student learning and increased the likelihood of capturing more of their insights.Originality/valueBy using qualitative research, this study provides more thoughtful insights into students' perceptions of entrepreneurial skills and competency improvements by using simulation as a pedagogical tool. Following the suggestions of Fayolle et al. (2016), this study underlines the entrepreneurship education outcomes in terms of students' reflections on understanding their capability and their predisposition to take entrepreneurial actions in the future. Also, the role of education in fostering entrepreneurship is highlighted.
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George, Sajeev Abraham, Latika Tejwani, Anubha Kachhawa Saini, Nikhil Pathak, and Nimish Kanvinde. "Suntej Engineering: a struggle to stay afloat in the face of competition." Emerald Emerging Markets Case Studies 8, no. 4 (October 29, 2018): 1–16. http://dx.doi.org/10.1108/eemcs-03-2018-0041.
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Learning outcomes The case is intended to enable the student to understand: The dynamics of SME, particularly in the adhesive industry entrepreneurial dilemma faced by the owner of an SME, faced with an existential crisis; the application of analytical frameworks such as Porter’s five forces, PESTEL and SWOT in strategy formulation; importance of long-term supplier relationships and focus on quality in retaining relationship clients. Case overview/synopsis The case is set up in the context of a SME in the adhesive industry in India where the Managing Director of the company Suntej Engineering Private Ltd was engulfed with questions on the future of the firm. The firm was faced with multiple challenges mostly from the external environment. The case could help students to appreciate the process of strategic decision-making by the owner of a small firm, in response to a crisis situation, and how his vast experience and entrepreneurial mind-set helps him to tide over the crisis. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject code Strategy
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Geser, Guntram, Eva-Maria Hollauf, Veronika Hornung-Prähauser, Sandra Schön, and Frank Vloet. "Makerspaces as Social Innovation and Entrepreneurship Learning Environments: The DOIT Learning Program." Discourse and Communication for Sustainable Education 10, no. 2 (December 1, 2019): 60–71. http://dx.doi.org/10.2478/dcse-2019-0018.
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Abstract Developing social innovation and entrepreneurship competences and skills of children and young people is on the agenda of European educational policy-makers. The European research and innovation project “DOIT – Entrepreneurial skills for young social innovators in an open digital world” suggests using makerspaces and tools, within schools and externally, to promote practice-based social innovation and entrepreneurial learning of children and young people. This article first gives an overview of different types of maker-spaces, addresses the concept of maker education, and highlights common development goals of such education with entrepreneurship education regarding particular attitudes and competences. The main part then describes the DOIT learning program that allows children and young people (6–16 years) to acquire skills and an entrepreneurial mind-set for turning creative ideas into potential social innovations. This program is currently trialed in DOIT pilots in different types of makerspaces in ten European countries. The article describes learning processes and outcomes that are promoted by the program with two examples that are different regarding the makerspaces, topics and other aspects. Some first experiences and lessons learned from these and other pilots are summarized.
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Syam, Agus, and Sudarmi Sudarmi. "Analysis of Student Entrepreneurship decision making in the Learning Prerspective." Jurnal Ad'ministrare 6, no. 1 (July 17, 2019): 51. http://dx.doi.org/10.26858/ja.v6i1.9707.
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The main problem of entrepreneurship education in Indonesia is the mindset of most Indonesian people that the goal of continuing education to higher education to become a civil servant is not to be someone who has an entrepreneurial mentality. Entrepreneurship learning has not been able to change the mind-set of college graduates from finding jobs (job seekers) to creating jobs (job creators). Therefore, the formulation of the problem in this study is, "Is there an influence of entrepreneurial learning on student decision making in entrepreneurship at Makassar State University. This study aims to find out, "The effect of entrepreneurial learning on student decision making in entrepreneurship at Makassar State University. This research is an Explanatory Research with a Survey approach with a population of 654 Makassar State University students who propose a Student Creativity Program (PKM) with a sample of 242 which is done by proportional random sampling technique. Therefore, the formulation of the problem in this study is, "Is there an influence of entrepreneurial learning on student decision making in entrepreneurship at Makassar State University. This study aims to find out, "The effect of entrepreneurial learning on student decision making in entrepreneurship at Makassar State University. This research is an Explanatory Research with a Survey approach with a population of 654 Makassar State University students who propose a Student Creativity Program (PKM) with a sample of 242 which is done by proportional random sampling technique. The technique of collecting data uses observation, questionnaires, and documentation. Data analysis using SEM. The results of the study show; "There is a significant effect of entrepreneurial learning on student decision making in entrepreneurship at Makassar State University.
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Indarti, Nunuk, Zulfa Aprilia Pratiwi, and Sugeng Pradikto. "Analisis Pelatihan Merajut Dalam Mengembangkan Potensi Entrepreneurship Mahasiswa Universitas PGRI Wiranegara Pasuruan." JEKPEND: Jurnal Ekonomi dan Pendidikan 4, no. 1 (January 30, 2021): 18. http://dx.doi.org/10.26858/jekpend.v4i1.15351.
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This study aims to determine; 1) The efforts made by students in developing entrepreneurial potential; 2) The effect of knitting training on the entrepreneurial potential of UNIWARA Students; 3) The results achieved by students with knitting training. This research is a qualitative and data collection technique using interviews. Knitting training plays an important role for students, one of which is to develop skills and explore potential in depth. The results of this training make students enthusiastic about participating in knitting training, because the benefits of this activity can be implemented by creating a knitting product that makes a profit if the product can be sold successfully. The effect of knitting training to develop students' entrepreneurial potential, namely: 1) Increasing the potential for student creativity; 2) Being able to know the potential that exists within oneself; 3) The results of knitting training can be implemented in the community; 4) Creating a work of knitting results; 5) Generate a profit side for works that are successfully sold; 6) Changing the mind set about job opportunities. Based on the results of the research, the researcher gave several recommendations as follows: 1) For students, it is hoped that they will continue to seek experiences at a young age with all the things that can be used. develop creativity. 2) For the next researcher it is suggested to look at other factors that influence entrepreneurial interest such as personality or environment. Alternatively, analyze the factors of interest in knitting training.
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Antonites, Alex, and Annemarie Ross. "Audiology, Entrepreneurship and Innovation: A perspective on private practice." Southern African Journal of Entrepreneurship and Small Business Management 6, no. 1 (December 31, 2013): 87. http://dx.doi.org/10.4102/sajesbm.v6i1.35.
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<p><strong>Objective:</strong> This paper investigates the correlation and contact points between entrepreneurship as a discipline and the profession of audiology. The research focuses on specific areas of entrepreneurship (e.g. innovation as an entrepreneurial skill) and the impact it has on audiology private practices as key role players in the biotechnology industry.</p><p><strong>Design:</strong> This study used a two-stage research design comprising of an exploratory study and a formal study to survey the entrepreneurial and business skills of audiologists as entrepreneurs in private practice.</p><p><strong>Findings:</strong> The findings describe severe deficiencies - specifically the business and entrepreneurial skill sets of the professional audiologist as an entrepreneur. The mind-set of the audiologist is not that of an entrepreneur, but rather of a small business owner. A lack of self-confidence to be creative, take risks, and identify new opportunities or innovate in terms of products, process and services was found. Audiologists are not necessarily concerned about the creation of employment, or the growth and profitability of their practices. Autonomy and security are the primary objectives of most practice owners.</p><p><strong>Keywords: </strong>Innovation, Entrepreneurs, Women Entrepreneurs, Entrepreneurship, Audiology, Biotechnology</p>
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Bazan, Carlos, Hannah Gaultois, Arifusalam Shaikh, Katie Gillespie, Sean Frederick, Ali Amjad, Simon Yap, Chantel Finn, James Rayner, and Nafisa Belal. "Effect of the university on the social entrepreneurial intention of students." New England Journal of Entrepreneurship 23, no. 1 (February 12, 2020): 3–24. http://dx.doi.org/10.1108/neje-05-2019-0026.
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PurposeThe study aims to test the applicability of a variant of the model proposed by Hockerts (2017) for assessing the social entrepreneurial intention (SEI) of male and female students. It extends the model by incorporating the university's environment and support system (ESS) as an additional more distal construct. The university's ESS, coupled with the experience with social, cultural and environmental issues can affect SEI by influencing the more proximal precursors of empathy towards others, perceived self-efficacy, perceived community support and social, cultural and environmental responsibility.Design/methodology/approachA structured non-disguised questionnaire was administered to students at a Canadian university. A sample of 485 usable responses was analysed by means of second-order structural equation modelling.FindingsThe results provide confirmation that the proposed model is a multi-group invariant and appropriate for analysing the SEI of male and female students. They also show that the university's ESS helps predict SEI indirectly through the complete mediation of the more proximal antecedents.Research limitations/implicationsThe questionnaire is limited to universities with social innovation and entrepreneurship initiatives.Practical implicationsOutcomes of the study can help universities assess the efficacy of their social innovation and entrepreneurship initiatives for instilling a social entrepreneurial mind-set in students. Consequently, universities will be better equipped to raise the perceptions of venture feasibility and desirability, thus increasing students' perceptions of opportunity.Originality/valueThe study advances the social entrepreneurial knowledge of the university's effect on the precursors of SEI.
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Crick, James M. "The facets, antecedents and consequences of coopetition." Qualitative Market Research: An International Journal 21, no. 2 (April 9, 2018): 253–72. http://dx.doi.org/10.1108/qmr-11-2016-0109.
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Purpose The purpose of this study is to explore the facets, antecedents and consequences of coopetition using three dimensions of entrepreneurial marketing. Coopetition is the interplay between competition and cooperation in which companies seek to collaborate with their rivals with the aim of enhancing performance compared to if they operated independently. Design/methodology/approach This paper reports on 38 interviews across 25 firms competing in the New Zealand wine industry. Triangulation procedures were via primary and secondary methods. This data was analysed through a series of techniques to produce credible findings. Findings Coopetition is comprised of resource- and capability-sharing activities. These activities are driven by an industry-wide cooperative mind-set; also, firms having access to competitors’ resources and capabilities. Coopetition was found to increase performance in ways that would not be possible if firms did not collaborate with their rivals. Originality/value Previous studies have focused on the facets and consequences of coopetition rather than its antecedents. Whilst exploration of these facets was undertaken in this study to reinforce prior research, this paper also investigates the antecedents of coopetition underpinned by the resource-based theory to contribute to the entrepreneurial marketing literature.
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Welty Peachey, Jon, Adam Cohen, and Nari Shin. "Constraints and Strategies to Scaling Up in Sport for Development and Peace Organizations: Evidence From the Field." Nonprofit and Voluntary Sector Quarterly 49, no. 3 (September 24, 2019): 611–30. http://dx.doi.org/10.1177/0899764019877253.
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The purpose of this study was to explore and examine the constraints faced by managers as they attempt to scale up their sport for development and peace (SDP) organizations, and to identify the strategies they are employing to mitigate these constraints. Previous research has not examined constraints to scaling up in the SDP nonprofit space. Findings revealed three major themes related to challenges within four types of scaling up (quantitative, functional, political, organizational); skepticism about sport as a development tool, funding challenges leading to an entrepreneurial mind-set, and challenges associated with a general lack of business acumen among key leaders. Within each of these three themes, strategies for addressing these constraints are illuminated. These constraints and strategies are positioned within the broader nonprofit context, and theoretical and practical implications for scaling up SDP organizations are also explicated.
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Nair, Rajesh. "The Art of Growing a Company: An Entrepreneurial Monologue." Vikalpa: The Journal for Decision Makers 28, no. 1 (January 2003): 75–82. http://dx.doi.org/10.1177/0256090920030106.
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This paper presents entrepreneurship as an emotional pursuit. It is the gut feeling that is most important in making a start-up decision. Drawing on his own experiences and of those closely associated with start-ups, the author offers a framework that reflects on how a company can be started-the various stages, the key problems in each stage, and suggestions for sailing smoothly through them. The different stages are as follows: Confusion: It includes three phases of Fright, Flight, and Fantasy. The initial apprehensions of a failure could hold an aspirant from starting up. It is possible that he gets frightened about the possibility of failure or gets frustrated about his lack of focus and keeps jumping from one idea to another or be overconfident about the success of his idea. Crossing threshold: The limited few who cross the stage of confusion face the three P's: Peer Pressure, Procrastination, and Poverty. A green signal from family, friends, and industry leaders and the confidence of a sound financial backing are important for a take-off. Although starting up should be a bold step, yet one needs to have at least six months financial expenses, an activity plan for the first month, and lots of ‘hope’ in the baggage. Start-up: The key issues at this stage include how to set up a team, share equity or raise funds. It is important to realize that responsibilities cannot be shared equally. There has to be a leader with highest equity who would be ready to own the consequences of a decision. First thousand days: This is believed to be the decisive phase. There could be difficulties in capturing clients, managing too many jobs at a time or getting payments in time. At this stage, it is very important to have a clear set of priorities, be flexible, and responsible. Success or failure would also depend a lot on how the ‘hard’ issues such as finance, marketing, technology, and partnership and alliances are tackled. Growth: Once the company crosses the hurdles of the first thousand days and is in the winning track, there emerges the fear of losing focus. This is the most difficult period in the company's life with the possibility of the business ending up in a disaster. To sustain the focus on organizational growth, it is important for the entrepreneurs to: decide whether he really wants to grow and if yes, be prepared to face the emerging issues separate the two roles of investor and entrepreneur-manager break the vicious cycle of money-recruitment-retention align the important individuals to a common organizational vision through equity. No entrepreneur should forget the supremacy of cash, mind, and intuition. He who has these would be able to fight, take rational decisions, and remove mistakes at the earliest. Above all, what is important is to enjoy the journey towards the destination.
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Rodrigues, Paula, and Francisco Vitorino Martins. "Perceptual and behavioural dimensions: measuring brand equity consumer based." Journal of Fashion Marketing and Management: An International Journal 20, no. 4 (October 3, 2016): 507–19. http://dx.doi.org/10.1108/jfmm-03-2016-0019.
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Purpose The purpose of this paper is to propose a brand equity measurement model in the consumers’ mind. The measurement model separates the perceptual component of the behaviour component of individuals in their preferences for brands. That is, as a result of a set of perceptions, consumers create a brand equity that will be realised in loyal behaviour and in their willingness to pay a premium price for a brand. Design/methodology/approach A measurement model of brand equity using the methodology of SEM is proposed. Two samples were used, one for the estimation and another one for the validation of the proposed model, with 272 observations each. The sample is constituted by consumers of five denim clothing brands that have their own chain of stores in Portugal. Findings Results show that the model is statistically valid and that perceptual aspects should be separated from behavioural aspects in brand equity measurement based on consumers’ mind. Originality/value The originality of the model is the division of constructs into perceptual constructs (inputs), and of behaviour constructs (outputs) of brand equity. By doing this, the model tries to answer two important aspects of entrepreneurial management: which are the explanatory variables of brand equity and how could that be translated into an answer, for the consumer.
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Shankar, Raj K. "Incubator or accelerator – a tech start-up’s dilemma." Emerald Emerging Markets Case Studies 7, no. 1 (March 24, 2017): 1–15. http://dx.doi.org/10.1108/eemcs-06-2016-0103.
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Subject area Entrepreneurship; Technology Transfer; Incubators; Accelerators Study level/applicability Postgraduate, Faculty Development Programs (FDP) and Management Development Programs (MDP) in areas of Technology Entrepreneurship, Entrepreneurship Education, Incubator and Accelerator Management. Case overview Madras Mind Works Private Limited (MMW) is an entrepreneurial venture set up by four friends in Chennai (earlier known as Madras) in Tamil Nadu, India. MMW intends to use the emerging trends in virtual reality and exploit opportunities that arise from its application. MMW has received invitations to join both an incubator as well as an accelerator. After detailed deliberations among the four co-founders that yielded no conclusion, the team left the responsibility of taking the decision to its Chief Executive Officer (CEO), Srinivasan Krish (Srini). Srini now has to decide whether MMW must join the incubator or the accelerator. Expected learning outcomes At least five factors will be learnt based on which tech start-ups can decide whether they should join an incubator or accelerator. Two important players in the entrepreneurship ecosystem are incubators and accelerators. You will learn to define them, describe their characteristics and services and learn their similarities and differences. You will learn what constitutes an entrepreneurial ecosystem using the BEEP framework. You will learn about many ecosystem players including but not limited to – incubators, accelerators, co-working spaces, technology transfer offices, research parks, angels, venture capitalists, government support schemes, university research centres, etc. Supplementary materials Board Plans, YouTube Video Links. Subject code CSS 3: Entrepreneurship.
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Simba, Amon. "A matter of entrepreneurial decisions: Dairibord Holdings Limited (DHL) in Zimbabwe." Emerald Emerging Markets Case Studies 8, no. 3 (September 20, 2018): 1–24. http://dx.doi.org/10.1108/eemcs-12-2017-0269.
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Subject area Entrepreneurship. Study level/applicability Postgraduate and undergraduate. Case overview The case study focussed on the dairy sector in the southern African country of Zimbabwe. It offered an analysis of the management and business development approaches DHL employed in the country’s dairy sector. The narrative detailed how DHL’s commercial performance progressively declined overtime. Several factors including operational inefficiencies, intensive competition, political, socio-economic issues and natural disasters were attributable to its decline. To mitigate DHL’s business development challenges, Antony and his top management’s reprised “restructure, expand and diversify” strategy only achieved inconsistent commercial results. The scale and size of these results unequivocally necessitated radical entrepreneurial methods to turnaround its fortunes. It was indeed a matter of entrepreneurial decisions! Methodology The case study used secondary analysis as its main strategy for generating relevant data. The rationale for adopting the principles of secondary analysis was to take advantage of quality archived data, public and readily available information concerning DHL’s commercial performance. Setting up to undertake secondary analysis for the purpose of DHL’s narrative was less-expensive, and it was less time-consuming when compared to structured interviews and self-administered questionnaires. Hence, it was deemed appropriate for producing a narrative on a company whose archived financial reports and publicly available research information were accessible. Relevant course levels DHL’s narrative is relevant for students studying entrepreneurship, business management and international business at postgraduate and undergraduate levels. Theoretical basis The multi-dimensional constructs of entrepreneurship and strategic management provided the theoretical basis for constructing a narrative about DHL’s business activities in Zimbabwe’s dairy sector. Particularly, the entrepreneurial decision-making paradigm offered some insight, direction and guidance in analysing the strategies Antony and his top management team applied in their planning and management at DHL. Equally, strategic management theories provided useful instructions for exploring business development issues in a rapidly changing business terrain that was presented by the dairy sector in Zimbabwe. Expected learning outcomes By the end of the lesson students will have had the opportunity to identify the features of an organisation with an entrepreneurial mind set; evaluate the importance of making entrepreneurial decisions in a rapidly changing market such as the dairy industry in Zimbabwe; explore the sort of issues faced by large enterprises in establishing an entrepreneurial architecture; develop an appreciation of the importance of practicing entrepreneurial leadership in rapidly changing business conditions; analyse the importance of developing an effective strategy while considering strategic options necessary to withstand markets such as the dairy sector in Zimbabwe that are characterised with rapid changes. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes. Subject Code: CSS 3: Entrepreneurship.
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Maireva, Chrispen, Cecilia Muza, and Hessie Beans. "Employability of Accounting TVET Graduates: A Case of One Polytechnic College in Zimbabwe." EAST AFRICAN JOURNAL OF EDUCATION AND SOCIAL SCIENCES, Issue 2 (April to June 2021) (May 4, 2021): 97–107. http://dx.doi.org/10.46606/10.46606/eajess2021v02i02.0080.
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Graduate unemployment is one of the biggest challenges that many countries in the world are faced with, more so in Zimbabwe. Given the prevailing rate of unemployment, this study sought to investigate the extent to which the TVET curricula in Accounting has provided sufficient skills to the accounting graduates to meet the expectations for employment. The study sought to deal with the problems that accounting TVET graduates face when entering the job market and the reasons why they are not getting their desired job in their chosen field of study. The study employed a qualitative approach. Data was collected from a sample of five lecturers and 55 Accounting graduates from one Polytechnic college in Zimbabwe, using interviews and a questionnaire. The study found that the main factor contributing to graduate unemployment is the deteriorating economic conditions in the country. It was also found that most of the graduates lacked sufficient skills and work experience to compete in the labor market. The graduates showed general inability to apply knowledge learnt in college to practical work situations, resulting in most graduates struggling to find suitable job placements in the country. It was further established that the graduates were ill-prepared to start their own businesses and did not have access to capital. The study recommends that TVET colleges in Zimbabwe should produce graduates with relevant skills, entrepreneurial mind set and appropriate knowledge acquired through work-based learning and internships to increase chances for employability among the graduates. Financial institutions may also assist through funding the graduates to start entrepreneurial activates in response to limited employment chances.
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Maireva, Chrispen, Cecilia Muza, and Hessie Beans. "Employability of Accounting TVET Graduates: A Case of One Polytechnic College in Zimbabwe." EAST AFRICAN JOURNAL OF EDUCATION AND SOCIAL SCIENCES, Issue 2 (April to June 2021) (May 8, 2021): 97–107. http://dx.doi.org/10.46606/eajess2021v02i02.0080.
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Graduate unemployment is one of the biggest challenges that many countries in the world are faced with, more so in Zimbabwe. Given the prevailing rate of unemployment, this study sought to investigate the extent to which the TVET curricula in Accounting has provided sufficient skills to the accounting graduates to meet the expectations for employment. The study sought to deal with the problems that accounting TVET graduates face when entering the job market and the reasons why they are not getting their desired job in their chosen field of study. The study employed a qualitative approach. Data was collected from a sample of five lecturers and 55 Accounting graduates from one Polytechnic college in Zimbabwe, using interviews and a questionnaire. The study found that the main factor contributing to graduate unemployment is the deteriorating economic conditions in the country. It was also found that most of the graduates lacked sufficient skills and work experience to compete in the labor market. The graduates showed general inability to apply knowledge learnt in college to practical work situations, resulting in most graduates struggling to find suitable job placements in the country. It was further established that the graduates were ill-prepared to start their own businesses and did not have access to capital. The study recommends that TVET colleges in Zimbabwe should produce graduates with relevant skills, entrepreneurial mind set and appropriate knowledge acquired through work-based learning and internships to increase chances for employability among the graduates. Financial institutions may also assist through funding the graduates to start entrepreneurial activates in response to limited employment chances.
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Weaver, Richard Y. "Society, Educational Systems and Entrepreneurship." Industry and Higher Education 13, no. 6 (December 1999): 376–81. http://dx.doi.org/10.5367/000000099101294717.
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A great deal has been written on the subject of entrepreneurship. This paper attempts to explore the relationship between entrepreneurship and society at large, and specifically between entrepreneurship and the educational processes that society employs. The paper presents a discussion on a number of critical questions, beginning with why society needs entrepreneurship and whether the promises of entrepreneurship satisfy that need. The conclusion reached is essentially that cultural change has to take place, towards a societal state that reflects the characteristics of entrepreneurship, if the economic infrastructure of society is to be capable of coping with the increasingly turbulent environment. The paper further suggests that, if a culture shift is to be made, then an appropriate point of intervention would be through the educational system, and that it would likely be some 10 years before society could observe not only a culture shift but also a measured benefit to it. Accepting that the starting point should be the educational system, then further fundamental questions must be addressed. These concern the academic processes involved in presenting entrepreneurship, and how it challenges traditional teaching paradigms. Indeed a fundamental question often asked with regard to entrepreneurship is ‘Can it be taught at all?’ – some suggest that individuals who behave in an entrepreneurial way do so as a function of some kind of genetic influence. The paper concludes that the only constant is change, and that society needs to contend with the various dimensions of it. In doing so, we need to develop a collective mind-set, capable of coping with uncertainty, tolerant of risk, and opportunistic in coping with the turbulent and dynamic demand patterns with which it is faced. In other words, we need to foster an entrepreneurial culture.
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Singh, Swati, Sudhir Naib, and Kartikeya Singh. "Wow Momo Foods Pvt. Ltd.: in search of new growth drivers." Emerald Emerging Markets Case Studies 10, no. 4 (November 23, 2020): 1–25. http://dx.doi.org/10.1108/eemcs-02-2020-0034.
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Learning outcomes The case presents an ideal platform for discussing the branding strategy, brand elements and the factors that contributed to success of an entrepreneurial venture in the quick-service restaurant (QSR) segment. Further, it enables students to discuss changes that are necessitated as the firm looks for new growth avenues. After working through the case and assignment questions, students will be able to analyze the entrepreneurial journey of a startup in red ocean markets by assessing the factors that contributed to its success; comprehend the importance of branding strategy for small business – choosing/designing of brand elements and selecting the positioning strategy; and assess changes needed in the branding strategy over time and devise strategies for the continued success of the firm. Case overview/synopsis Kolkata-based QSR chain Wow! Momo was bootstrapped with a meager INR 30,000 in 2008 by two school friends Sagar Daryani and Binod Kumar. It went on to become India’s Wow! Momo very first QSR specializing in momos. By the year 2019, Wow! Momo was dishing out India’s favourite street food, “momos” from 300 outlets across 15 cities. It also claimed to have captured 90% market share in the organized momo business. The startup grew at a CAGR of over 50% between 2015 and 2019 and reported INR 1.19bn revenue in financial year 2019 with an EBITDA of 9.3%. Wow Momo Foods Pvt. Ltd (WMF), the parent company of Wow! Momo, had tasted stupendous success within a short period and set an ambitious goal of achieving revenue of INR 10bn by 2023–2024. Wow! Momo had achieved top of mind recall among the target customers and was also vying for the same share of wallet as formidable international giants such as McDonald’s, Domino’s, Burger King and KFC. However, compared to these large players, Wow! Momo offered a limited menu and a smaller average ticket size. At the same time, Wow! Momo’s market share was also threatened by a host of branded momo players that offered a similar menu and pricing. Both these factors did not argue well for WMF’s mammoth growth objective. Achieving revenue of INR 1.19bn in a matter of just 10 years was no small feat, but reaching targeted INR 10bn in half that time needed a different game plan altogether. The founders clearly needed to rethink their strategies for the next phase of growth. What would be the next growth driver for the company? Should it look for greener pastures outside India? Was it time to diversify the menu and think beyond momos? If so, then should new items be added to existing menu or a new brand be launched altogether? The case maps the journey of two entrepreneurs as they went on to set up a successful QSR chain. It examines their trials and tribulations as well as successful implementation of marketing strategy. It also looks at the dilemmas faced by a startup as it searches for new avenues for growth. Complexity academic level Graduate and postgraduate courses in Management. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 8: Marketing.
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Binsfeld, Nico, Jason Whalley, and Lee Pugalis. "Looking beyond official success measures: tales from the field of the complex forces shaping Luxembourg’s ICT ecosystem." Journal of Innovation Management 5, no. 2 (August 8, 2017): 15–25. http://dx.doi.org/10.24840/2183-0606_005.002_0004.
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Information and communication technologies (ICT) are increasingly becoming an important component of economic development. Luxembourg’s ICT sector is usually characterized as performing admirably - it is often at the top-end of different indices and international league tables. Nevertheless, headline statistics and high-level assessments often disguise the complexities of dynamic relations. Ecosystems are one way of understanding complex interactions and relationships. It is in this respect that this paper deploys the concept of ecosystems to investigate Luxembourg’s ICT sector. The layered ecosystem model, devised by Martin Fransman, was utilized to map key actors that comprise Luxembourg’s ICT ecosystem, following which a program of unstructured interviews were conducted. This empirical material, combined with documentary analysis, provides the basis for an analysis of the interrelated elements that are shaping the development of Luxembourg’s ICT ecosystem.The study has identified the main forces that affect the ICT ecosystem and concluded that Luxembourg’s strengths are related to its well-developed ICT infrastructures such as international fiber and national ultra-high broadband connectivity and high quality datacenters and its political vision for ICT that has led to a supportive policy environment. Its main weaknesses are related to an inappropriate educational system in which technical and scientific training is less developed, missing e-skills such as coding, application development, technical IT know-how as well a non-entrepreneurial mind-set and a risk averse culture. The paper highlights the importance of the different socio-economic, political, strategic and technological forces that shape the ICT ecosystem of a small country in order to provide a comprehensive basis for its policy makers. An empirical focus on a small country helps to redress the research imbalance, whereby small countries are often overlooked by scholars. Nevertheless, we contend that such “smallness” engenders a unique opportunity for research engagement with a majority of primary actors in ecosystems, which might be unfeasible in larger countries.
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Stansfield, Maree Louise. "Hospitality artisans and sustainability." Hospitality Insights 2, no. 1 (June 18, 2018): 7–9. http://dx.doi.org/10.24135/hi.v2i1.29.
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This article reports the findings of a study identifing modern artisans as potential harbingers of the hospitality fraternity, claiming an authentic sustainability consciousness embedded in the hospitality business DNA is a key ingredient toward success. The ‘DNA’ finding helps identify the importance and necessity for hospitality operators to reflect on their reasoning for pursuing a sustainable business model over the conventional equivalent. Artisans influence significant societal, economic and political change. With so much concern around sustainability, and the revival of artisan production, hospitality artisans are likely contemporary versions of their historic namesakes.
History portrays artisans as entrepreneurial, status-quo disrupters, challengers of social problems, and positive influences on the well-being of society [1–3]. It is said that the radical artisan voice revolted against a dehumanised way of life, cared for its society and was instrumental in generating hope for a better future [3]. Similarly, modern-day artisans identified with their historic counterparts and described their potential contribution to societal change in a sustainability context as hospitality artisans. A research participant demonstrated this:
And you look at where potential problems are in the food supply, you know if you want to create a dynamic food supply you need to encourage it. It’s the small artisan producers which are on the cutting edge that influence the major cultural values of a country. (Research participant)
Indeed, the success of a hospitality sustainable business model lies in an operator’s ability to understand, generate and embed a mind-set in the business that insists on environmental stewardship, social well-being and economic success. All eight artisans interviewed in this study demonstrated high levels of perseverance, innovation and like-minded network building when faced with obstacles that threatened their sustainable business model. Sustainability was deeply entrenched in what one referred to as his ‘backstory’, and in the ‘DNA’ of their businesses, and this appeared to fuel their determination when faced with challenges. Their spheres-of-influence (customers, regulatory bodies, industry and education providers) were at times perceived as road-blocks, hindering their sustainability-focused intentions. When this occurred, the artisans moved from being impacted stakeholders within a sphere-of-influence and, instead, turned into agents of change. They created, used and developed innovative mechanisms, internal policies, educational processes, and built tribes of enabling like-minded others to foster their sustainability practices. The sustainability consciousness provides the fuel and resilience to navigate a new and progressive pathway to operational success. The artisans demonstrated an unrelenting drive to practice sustainable principles and found ways of overcoming any hurdles they came up against. The artisans, like their historic namesakes, were agents of change and the following research extract showcases the sustainability consciousness in action:
I think the more you make something exciting and sustainable the norm that’s how you can change the world. You don’t change it by sitting back doing nothing and waiting for someone else to do it and sipping on your Coca-Cola hoping that some other person’s gonna save the boat, when it’s filling full of water. If you want to change the world you know you need to get off your arse and do it. (Research participant)
This study sought to find practical solutions for hospitality operators considering the less-travelled road of sustainability. The artisans articulated why they were so intent on a sustainable business model, and this reasoning manifested as the sustainable DNA of their hospitality operation – the most important element enabling them to put this into action. This is important for operators because it illustrates the level of resilience and determination needed to embark on a less conventional business journey and to create, operate and maintain a successful and sustainable hospitality business. Most significantly, however, it suggests to operators that it may not be enough to know ‘how’ to operationalise sustainability in a practical sense. This study’s findings illustrated that a sustainable model demands so much more from an operator than the conventional equivalent. It must be recognised that it may not even be enough if the operator has an entrepreneurial mind-set. It is advisable that the operators reflect on ‘why’ they want to pursue a sustainable business model. The importance of an authentic sustainability consciousness is highlighted as a more favourable starting point from which to orientate the journey and realise success.
Forward thinking hospitality operators will choose to navigate a sustainability-focused road, currently a road less travelled. Primarily, at the root of change, is the progressive thinking hospitality operator, an artisan producer with a sustainable consciousness that manifests as the resilience and fuel to carve a new road.
More information about this study is in the master’s thesis document [4]. Pending examiners’ approval, the thesis can be accessed from AUT scholarly commons: https://tuwhera.aut.ac.nz/open-theses. Currently, a copy is available from the author.
Corresponding author
Maree Stansfield can be contacted at mareelouisestansfield@gmail.com
References
(1) Chartist Poetry. The Northern Star and Leeds General Advertiser Dec 4, 1841. British Library website. http://bit.ly/2l7LLKv (accessed Jun 15, 2018).
(2) Howell, M. C. Fixing Movables: Gifts by Testament in Late Medieval Douai. Past & Present 1996, 150(1), 3–45. https://doi.org/10.1093/past/150.1.3 (3) Lucie-Smith, E. The Story of Craft: The Craftsman's Role in Society. Ithaca, NY: Cornell University Press, 1981.
(4) Stansfield, M. L. Exploring How Hospitality Artisans Operationalise Sustainability: “How Do They Do It?”; Master’s Thesis, Auckland University of Technology, New Zealand, 2016.
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Padilla-Meléndez, Antonio, Ana Rosa Del Aguila-Obra, and Nigel Lockett. "All in the mind: understanding the social economy enterprise innovation in Spain." International Journal of Entrepreneurial Behavior & Research 20, no. 5 (July 29, 2014): 493–512. http://dx.doi.org/10.1108/ijebr-10-2013-0164.
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Purpose – Several studies have investigated the factors affecting innovation in medium-sized enterprises (SMEs) at different levels. However, research into the characteristics of the entrepreneur (individual level) in social economy enterprises (SEE), and the relationship to innovation is scarce. The purpose of this paper is to build upon previous innovation literature to analyse SEE innovativeness. Design/methodology/approach – This paper empirically analyses data from 193 face-to-face interviews with the founder/owner/managing director of small (zero to nine employees) SEE in Andalucía, Spain. A semi-structured questionnaire was produced using the literature review. To ensure the reliability of the data collection and the consistency of the results, several researchers reviewed the codification and analysis of the answers. Quantitative analyses were performed on the data, including descriptive statistical analysis and multivariate analysis (factorial for innovativeness construct validation, multiple regression, cluster, and discriminant). The software SPSS IBM PASSW Statistics 18 was used. Findings – Considering the individual factors, it was determined that a proactive attitude towards innovation and a degree-level education were positively related to SEE innovativeness and that these were the most significant factors considered. The identification of attitude towards innovation was perhaps not surprising; one might expect a relationship between proactiveness and innovativeness. Furthermore, this result is consistent with the positive impact exerted by entrepreneurial characteristics, such as entrepreneurial confidence and adaptability, or SME entrepreneurs’ proactive personality and prospector strategy orientation towards their firms’ innovation. Research limitations/implications – This study has a number of limitations. First, the study is an exploratory study of innovativeness in SEE in a limited geographical area. Second, the fact that the interviews were conducted using a semi-structured questionnaire limited the opportunities for obtaining more detailed information regarding the factors affecting innovativeness in SEE. Third, other variables may have been used as control variables, such as firm age. Sector was used as control variable and it was found as not significant. Fourth, other statistical analyses, such as hierarchical linear modelling, would benefit the results, as different levels of analysis would be considered simultaneously. Fifth, other components of entrepreneurial orientation would render the results more complete. Practical implications – The research findings suggest that SEE would benefit from degree-level people with proactive attitudes towards innovation. Clearly, attitude and education are important aspects of the individual's mindset. This study demonstrates that the mind sets of the owners of SEE, in terms of both education and attitude, positively impact innovativeness. At least in SEE, degree-level entrepreneurs with positive attitudes towards innovation run more innovative firms. The challenge for regional policy makers is to look beyond the formal education system to promote innovation skills programmes for social and economic impact. Originality/value – This paper contributes to the entrepreneurship and innovation literature by identifying the importance of developing individual-level skills as well as formal education in order to foster innovation in SEEs.
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Leković, Bojan, Miodrag Petrović, and Nemanja Berber. "Determinants of Export Oriented Entrepreneurs from Southeast Europe Region." Economic Themes 56, no. 4 (December 1, 2018): 439–52. http://dx.doi.org/10.2478/ethemes-2018-0025.
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Abstract The subject of this research represents analysis of internationalisation activity of early-stage entrepreneurs in South East Europe region (SEE). The goal of this study is to determine characteristics of export oriented entrepreneurs from SEE region through the study of factors influencing international orientation. Geographical area of this research consists of countries from the South East Europe region. The research sample was formed on the basis of GEM - Global Individual Level Data, covering six countries (Slovenia, Croatia, Hungary, Romania, Bosnia and Herzegovina, and FYR of Macedonia), 12027 respondents of which 645 export-oriented entrepreneurs were identified. Collected data are processed using the software package for statistical analysis. With the help of Ordinal Logistic regression, significant influence of individual factors on the international orientation of entrepreneurs was identified. Research results showed that entrepreneurial motives, entrepreneurial KSA’s, innovation and new technology have a positive relationship with internationalization activity. One of the significant limitations of this paper is the lower Nagelkerk coefficient, which is characteristic for social phenomena. Bearing in mind the fact that this research trying to explain entrepreneurial behaviour, lower coefficients can be very meaningfull.
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Gilinsky, Armand. "Geo Search Co Ltd and the Mine Eye Project." International Journal of Entrepreneurship and Innovation 1, no. 2 (June 2000): 117–24. http://dx.doi.org/10.5367/000000000101298612.
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The Case Study section of the International Journal of Entrepreneurship and Innovation serves two purposes. First, the case studies presented are concerned with problematical issues that are pertinent to students of entrepreneurship. Thus they constitute appropriate teaching and learning vehicles on a variety of postgraduate and undergraduate programmes. Each case study is accompanied by a set of guidelines for the use of tutors. Second, it is envisaged that those engaged in entrepreneurial activities will find the cases both interesting and useful. Submissions for this section will be welcome. Cases will deal with contemporaneous issues. When necessary they will be anonymous, but where direct reference is made to specific individuals or organizations authors will be asked to acquire permission to use names. The editors reserve the right to ask for written permission from any named person or organization. Case studies should be no longer than 3,000 words. A glossary of terms should be provided where appropriate.
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Parris, Denise Linda, and Cecilia McInnis-Bowers. "Business Not as Usual: Developing Socially Conscious Entrepreneurs and Intrapreneurs." Journal of Management Education 41, no. 5 (July 14, 2017): 687–726. http://dx.doi.org/10.1177/1052562917720709.
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Our objective was to design an introductory business course to shape the mind-sets and skill sets of the next generation of socially conscious practitioners—to help students develop a sense of self-efficacy built on the confidence that they can make a positive impact on the world using entrepreneurial thinking and action. Essentially, the focus was to develop an introductory business course that would encourage and enable students to understand that business can be a force for good (sustainability and social impact) and to practice collaborative innovation (human-centered design thinking). The overarching design principle was business not as usual, which embraced four themes: (a) sustainability and social entrepreneurship, (b) collaborative innovation, (c) entrepreneurial thinking and action, and (d) self-authorship. We provide an overview of the course modules and their respective learning outcomes along with details of course content and activities to ensure transferability. A concluding discussion shares the impact on students and the challenges of success. We highlight how course design can be a catalyst to enable students to be the change they want to see in the world.
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Primachev, Nicholas. "SEA TRANSPORT INDUSTRY AND SYSTEM ECONOMIC SECURITY." Development of Management and Entrepreneurship Methods on Transport (ONMU), no. 2 (75) (2021): 5–15. http://dx.doi.org/10.31375/2226-1915-2021-2-5-15.
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Modern economic priorities, which predetermine the sustainability of the development of international trade are also predetermining the increase in the role of maritime transport in both business activities, ‒ social and environmental spheres. It should be borne in mind that the costs of ensuring these results are concentrated in the system of the sea conveyor industry and are used to be strictly relevant. Their effectiveness is largely displayed in the form of an emergency effect, which highly affects the demand of the consumers, which is, in its turn forms the amount of the provided services within the sea transport industries. At the same time, the subsystems of the maritime transport industry, in contrast to other activities, are governed by the international institutions which are also affecting the total results of their productions or transportation processes. Concerning the other part of the system, the investors of the merchant fleet and seaports should be focused not only on the entrepreneurial purposes, but on the external restrictions on their competitive implementation as well. Thus, one of the main problems is based on the balance of economic security and the system-wide security of the activities of enterprises of the maritime transport. It should be borne it mind that these particulars of the maritime transport, such as its port industry, the transportation system, the logistics operations and other necessary parts and spheres are highly connected and are very dependent on the maritime industry. The mentioned above information requires the choice of the management methods and maintaining the subsystems of the maritime transport industry from the system security. In turn, it is necessary to clarify the essence of this category with the provision of the above, which will subsequently strengthen the stability and reliability of the maritime industry both by the individual components and internationally. As far as known, the maritime transport is built on many different certain parts and organizations most of which cannot exist without each other.
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Giacosa, Elisa, Alberto Mazzoleni, and Antonio Usai. "Business Process Management (BPM)." Business Process Management Journal 24, no. 5 (September 3, 2018): 1145–62. http://dx.doi.org/10.1108/bpmj-07-2017-0211.
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Purpose Although Business Process Management (BPM) is a critical issue and small- and medium-sized family firms (SMFFs) frequently adopt process organization, very little literature focuses on the processes by which family firms remain distinctive (Chrisman et al., 2016) or on their approach to BPM. The current research aims to fill this gap by analyzing dynamic companies’ attitudes to process-driven ability that concern exploitative as well as explorative processes. The purpose of this paper is to identify which kinds of dimensions may build an ambidextrous state in BPM in SMFFs, also favored by entrepreneurial IT capabilities and influenced by a stable but changeable context. Design/methodology/approach The authors referred to vom Brocke et al.’s (2014) study as it allows a focus on BPM research in the context of SMFFs. Then, the authors adapted the framework to the context of SMFFs. In addition, an empirical analysis has been made for applying the framework’s principles on effective BPM requirements to SMFFs. In the research, the authors applied grounded theory, according to which observation and theorization are linked by circularity, as they represent moments being managed simultaneously. The theorization emerged in different moments of the empirical surveys, influencing the next data gathering and the data gathering was the object of a de-structured matching and analysis process. Findings Specific cultural and cognitive aspects, values and abilities affect the company behavior of SMFFs in terms of BPM, and this is influenced by the connection between the family and the business. Therefore, it confirms that the family is a missing variable in organizational research (Dyer, 2006) also in BPM. A good BPM permits the definition of business abilities of running the current processes, along with of acclimatizing the company to a changeable context. In regard to the exploitative and explorative strengths typical of organizational ambidexterity, the research favors, respectively, transactional excellence with a focus on net cost reduction and transformational excellence based on net revenue generation. This approach requires consideration of the difference between external and internal contingencies as well as of the different processes to manage. However, despite IT-based BPM tools and the new era of IT-based process thinking, technology appropriation is only one of our dimensions, and each dimension plays a role in good BPM behavior; only a combination of dimensions favors effective and flexible BPM. Research limitations/implications The research contributes to the literature on BPM through theoretical implications, in particular two main implications. First, the research emphasizes the impact of familiness on good BPM practice. Family appears to be a missing variable in organizational research on BPM, even though familiness affects process specificity and mechanisms. Second, the research is based on certain category dimensions that characterize management models common in the literature, allowing the application of BPM in FFs by taking advantage of their confidence and adaptability. Limitations are related to different points of view on the model’s scope and design, the recipient and the research method. Practical implications The research has two main practical implications, representing managerial potential, that improve the significance and originality of the research in internal and external contexts. In the internal context, this permits a new BPM mind-set. Originality/value The research is original for the following two reasons. First, when FF complexity grows and/or new organizational issues emerge, FFs are faced with two challenges: an increased number of complex processes to handle, along with a lack of IT-based BPM for organizational ambidexterity. In such a context, this research can suggest a solution. Second, the research is based on dimensions that have been widely characterized in general management models. For this reason, FFs may already be familiar with these dimensions. In addition, the model strongly valorizes the familiness impact on BPM development and takes into consideration the context awareness of the company.