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Journal articles on the topic 'Entrepreneurs'
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1
Alam, M. Sayeed, Kohinoor Biswas, and M. M. Sulphey. "A Case Study on the Entrepreneurial Process of Push and Pull Women Entrepreneurs." South Asian Journal of Business and Management Cases 10, no. 2 (August 2021): 207–17. http://dx.doi.org/10.1177/22779779211028536.
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The study presents two entrepreneurship typologies: necessity-driven and opportunity-driven. ‘Opportunity’ entrepreneurs start a business to pursue an opportunity, while ‘necessity’ entrepreneurship is requirement-based and attempts for the best option available in the absence of alternate employment opportunities. Push and pull effects are analogous to necessity-based and opportunity-based entrepreneurship. The study explored success through stages of the entrepreneurial process. The push entrepreneur proved her resilience despite the absence of spousal support. Behind the pull entrepreneur’s success was spousal support. The key findings are that success is influenced by the entrepreneur’s grit, willpower and attitude. The objective of the case is to study two typologies of entrepreneurship, based on their motivation to become an entrepreneur—necessity-driven and opportunity-driven. It also examines the various factors that could influence the success of entrepreneurship. Both entrepreneurs discussed in the study had several common factors. The two succeeded in their entrepreneurship due to their sheer grit, determination and a feeling of higher purpose. Multiple pieces of evidences exist to show that grit is a success factor linked to positive outcomes. The phenomenon studied in this case include ‘opportunity’ and ‘necessity’ entrepreneurs. It also studied the push and pull effects in entrepreneurship, which are analogous to opportunity-based and necessity-based entrepreneurship. The push entrepreneur was involved in boutique business, and pull entrepreneur was in catering business. The findings are that the push entrepreneur demonstrated resilience despite many drawbacks. The success of the pull entrepreneur’s involved spousal support too. In both cases, the critical finding is that success is influenced by the entrepreneur’s grit, willpower and attitude. Further, neither of the women entrepreneurs took any loan to fund their business. Both entrepreneurs discussed in the study had a few common factors. Both of them were educated. The two entrepreneurs exhibited grit, determination and a feeling of higher purpose. Grit has been found to be a success factor and linked to positive outcomes.
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DELMAR, FREDERIC. "THE RISK MANAGEMENT OF THE ENTREPRENEUR: AN ECONOMIC-PSYCHOLOGICAL PERSPECTIVE." Journal of Enterprising Culture 02, no. 02 (July 1994): 735–51. http://dx.doi.org/10.1142/s0218495894000239.
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The risk management of the entrepreneur is an important factor that can explain the success or failure of a business venture. The problem of risk management is here approached from an economic-psychological perspective. In this study the risk management of entrepreneurs is compared. The entrepreneurs are divided into three subgroups; super-entrepreneurs, small business owner-managers, and failed entrepreneurs (who went bankrupt). In this study, some interesting results are found. There seems to be some differences in how the categories of entrepreneurs manage risk. An entrepreneur’s acceptance of uncertainty, ability to manage risk and perception of the situation are discussed in this paper. In general, the results show the super-entrepreneur as risk aversive and highly motivated, and the success of the business as attributable to this combination. The small business owner-manager prefers control to growth. The failed entrepreneur does not use the social network and has no buffer for problems.
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SUCI, MADE. "PERAN NORMA SUBYEKTIF DAN MOTIVASI PENGUSAHA PADA KEPUTUSAN PEMBIAYAAN UTANG UKM." Bisma: Jurnal Manajemen 6, no. 1 (April 19, 2020): 68. http://dx.doi.org/10.23887/bjm.v6i1.24402.
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AbstractThis study aims to examine the effect of subjective norm on debt decisions of SME entrepreneurs both directly and through mediation of the achievement motivation of entrepreneurs. The study was conducted on handicraft SMEs in Bali Province with a total sample of 180 entrepreneurs who were determined by purposive sampling.Data collection by questionnaire then analyzed by SEM-PLS. The results of this study that 1) subjective norm has no effect on the debt decisions of SME entrepreneur’s 2) entrepreneur’s achievement motivation has a positive and significant effect on SME debt decisions, 3)Sujective norm has no effect on entrepreneur achievement motivation 6) achievement motivation no mediates the influence of entrepreneur’s subjective norm to the debt decisions of SME contexts
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Sawitri Pane, Mutiara, and Zuhrinal M. Nawawi. "Strategi Bisnis yang Harus Dipahami oleh Pengusaha." MES Management Journal 1, no. 2 (August 10, 2022): 85–96. http://dx.doi.org/10.56709/mesman.v1i2.29.
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As an entrepreneur, it is necessary for him to have knowledge related to strategies in running his business. Because by making the right strategy, he will benefit as expected, and vice versa with the wrong strategy will cause losses for business owners and even allow entrepreneurs to go bankrupt. Of course, every entrepreneur does not want to experience bankruptcy or big losses. For this reason, it is necessary for entrepreneurs to understand strategies in doing business as a way to achieve success. This study will explain the various strategies that entrepreneurs need to know in running their business. The method used in explaining the entrepreneur's strategy is descriptive qualitative in which the researcher will conduct a literature study to produce various references related to the strategies that entrepreneurs can go through to run their business. This research explains that there are many strategies that entrepreneurs can go through, including through digital, considering that today is thick with the digital world, so as an entrepreneur he will continue to run a business that can be reached by the younger generation because their world is generally through digital as a means of communication.
Keywords: entrepreneur, business, digital, strategy
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Pane, Mutiara Sawitri, and Zuhrinal M. Nawawi. "Strategi Bisnis yang Harus Dipahami oleh Pengusaha." ManBiz: Journal of Management and Business 2, no. 2 (August 27, 2022): 173–84. http://dx.doi.org/10.47467/manbiz.v2i2.1923.
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As an entrepreneur, it is necessary for him to have knowledge related to strategies in running his business. Because by making the right strategy, he will benefit as expected, and vice versa with the wrong strategy will cause losses for business owners and even allow entrepreneurs to go bankrupt. Of course, every entrepreneur does not want to experience bankruptcy or big losses. For this reason, it is necessary for entrepreneurs to understand strategies in doing business as a way to achieve success. This study will explain the various strategies that entrepreneurs need to know in running their business. The method used in explaining the entrepreneur's strategy is descriptive qualitative in which the researcher will conduct a literature study to produce various references related to the strategies that entrepreneurs can go through to run their business. This research explains that there are many strategies that entrepreneurs can go through, including through digital, considering that today is thick with the digital world, so as an entrepreneur he will continue to run a business that can be reached by the younger generation because their world is generally through digital as a means of communication.
Keywords: entrepreneur, business, digital, strategy
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Ma, Jun, Yuzhen Duan, Jianan Wang, and Mengjie Luo. "Impact of Self-Efficacy on Entrepreneurs’ Ambidextrous Behavior in New Ventures: Moderating Effect of Status." Behavioral Sciences 13, no. 2 (January 28, 2023): 108. http://dx.doi.org/10.3390/bs13020108.
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This article discusses the mechanism of the ambidextrous behavior of entrepreneurs in exploring and exploiting simultaneously in new ventures. We draw on social cognition theory to discuss the influence of entrepreneurial self-efficacy (ESE) on entrepreneurs’ ambidextrous behavior and the moderating effect of their status. We contend that an inverted ‘U’ relationship exists between ESE and entrepreneurs’ ambidextrous behavior. A higher economic status of an entrepreneur strengthens the relationship between ESE and that entrepreneur’s ambidextrous behavior, whereas higher power status weakens the relationship. Analyses of high-tech industry entrepreneurs support our hypotheses in the context of emerging economies, represented by China.
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Sajjad, Syed Imran, and Aasim Munir Dad . "Impact of Culture on Entrepreneur Intention." Information Management and Business Review 4, no. 1 (January 15, 2012): 30–34. http://dx.doi.org/10.22610/imbr.v4i1.960.
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The main purpose of this study is to identify the role of entrepreneurship in Pakistan. After reviewing the literature, researchers identify those predictors who influence the entrepreneur’s intention with the help of socio cognitive model. National culture of a country influences the entrepreneur’s intention to start new business. Perceived feasibility, perceived desirability and entrepreneurs experience has a direct impact on entrepreneur’s intention. The study finds out the impact of culture on entrepreneur intention, different cultures have different ways to influence the entrepreneur intention and different ways to impact on intentions towards perceived feasibility and perceived desirability .The study helps entrepreneur’s decision making process and also helps out the development of further new business in Pakistan, motivates students to become entrepreneurs and analyzes their feasibility and desirability. Culture varies from country to country, within country different provinces, how different cultures, different traditions, norms and values. So in future, it helps to analyze entrepreneur’s intention in different cultures.
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Almeida, Fernando, and Vladan Devedzic. "The Relevance of Soft Skills for Entrepreneurs." Journal of East European Management Studies 27, no. 1 (2022): 157–72. http://dx.doi.org/10.5771/0949-6181-2022-1-157.
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This study explores the relevance of different soft skills for entrepreneurs, focusing on entrepreneurs from Portugal and Serbia. The study identifies a total of 38 soft skills from the European Entrepreneurship Skills Framework (EntreComp) and employs a quantitative methodology in the analysis of data collected from a questionnaire completed by entrepreneurs from these two countries. The findings reveal that soft skills competencies play a key role in the entrepreneur's activity, highlighting emotional intelligence, resilience, and persistence as fundamental attributes that an entrepreneur should possess. Furthermore, the respondents' answers have revealed notable differences in their perception of the importance of a majority of soft skills (27 out of 38 skills), which indicates that an entrepreneur's geographic area is a relevant factor in the perception of the relative importance of soft skills.
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Guritno, Purnaning Dhyah, Haryono Suyono, and Sunarjo Sunarjo. "Competency Model of Social Entrepreneurs." International Journal of Research in Business and Social Science (2147-4478) 8, no. 3 (May 10, 2019): 94–110. http://dx.doi.org/10.20525/ijrbs.v8i3.256.
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Social entrepreneurship is a potential alternative to address social problems but social business still needs to be strengthened to provide far-reaching impact. One strategy to flourish is benchmarking against successful social enterpreneurs because previous studies show that entrepreneur’s competence is a determinant of small-medium business performance and growth. Social entrepreneur competencies which drive social business success and how these competencies are developed, unfortunately have not clear yet. This study aims to build a competency model for social entrepreneurs and to find out pattern (in method, period, sources) for developing competencies by studying successful Indonesian social entrepreneurs. The reports on social entrepreneur competency model presented in this paper. This research adopt qualitative approach using multiple case study design. Data collected by indepth interviewing 29 informants, studying documents and conducting field observation in eight cities. Results show that successful social entrepreneurs have shared competencies which indicate existence of social entrepreneur competency model. The result of this study complements empirical studies in social entrepreneurs’ competencies by showing competencies that drive success of social business i.e: Achievement orientation, Persistence, Initiative, Courage to take opportunities, Networking, Influencing others, Team leadership, Developing others, Teamwork-Colaboration, Orientation to help and serve others, Mission orientation, Affiliate interest, Creative problem solving. The finding has direct implication on social entrepreneur education and development programs included method, materials, design and sources of development because the competencies determine the success constitute mostly of attitudes, motives and traits instead of knowledge and skills.
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Akinbami, O. I., Daud I. Balogun, M. N. Adetoro, and O. A. Aliu. "ENTREPRENEURS' SKILL OF HANDLING TECHNOLOGY IN AGRO AND GENERAL BUSINESSES." Asian People Journal (APJ) 5, no. 1 (April 28, 2022): 73–84. http://dx.doi.org/10.37231/apj.2022.5.1.312.
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The importance of technology cannot be overemphasized in an attainment of a good and a sustainable business. As a result, this work carefully shows the impacts and effects of entrepreneurship education and technology adopted by the entrepreneur in the running of a business. As presented in this paperwork, a systematic review method was used to investigate the relationship between entrepreneurship education and entrepreneurs' adequate use of technology in agro and general business. It revealed the efficacy of entrepreneurship education on an entrepreneur as it relates to the use of technology in business enterprise. Furthermore, this careful review provided a good understanding on entrepreneurship education, an entrepreneur’s skill of handling technology, reasons for handling technology by an entrepreneur and various technologies available for entrepreneurs. Against these backdrops, entrepreneurship education should be given maximum priority for a desirable output. More so, this study is of great importance, especially as applies to the tertiary institutions where knowledge on entrepreneurship education in relation to entrepreneurs and professional handling of technology would be expanded and dug deep for effective business application.
Keywords: Agro; Entrepreneurs; General Business; Skill of Handling; Technology
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Tian, Yanyan. "Quantitative Research of Enterprises and Their Leaders' Vision Based on Social Responsibility." International Journal of Professional Business Review 8, no. 4 (April 10, 2023): e0914. http://dx.doi.org/10.26668/businessreview/2023.v8i4.914.
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Purpose: The study analyses the elements that affect enterprises and entrepreneurs' vision prior to valuing entrepreneurial activities, enterprise vision duration, entrepreneur social responsibility, and enterprise vision in three dimensions. Theoretical framework: This paper uses the Regression and Descriptive Analysis. Results show a positive and significant association between the region of enterprise vision and the gender of the entrepreneur. Male entrepreneurs, however, are more inclined to put out visions of the best quality. Design: The findings from the investigation also shows that, when compared to male entrepreneurs, female entrepreneurs are more likely to present visions for the future development of their companies and express hope for it. Findings: The results of the study, moreover, evidences from the analysis states that in a nation with a deep-rooted traditional culture like China, the relationship between enterprises and the government has always been a significant factor affecting enterprises' ability to conduct operations. Research, Practical & Social implications: The study can defines the direction and significance of entrepreneur's experience on the formulation of enterprise vision enhances at each level. Originality/value: The value of the study finds the political activities of entrepreneurs have a greater impact on the formulation of enterprises vision.
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Mohamed, Fitouri, and Samia Karoui Zouaoui. "Psychological Determinants of the Performance of Newly Created Companies." International Journal of Entrepreneurship and Governance in Cognitive Cities 2, no. 2 (July 2021): 1–16. http://dx.doi.org/10.4018/ijegcc.294092.
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The support of novice entrepreneurs is for the improvement of the performance of newly created companies. However, many companies, despite their support, go bankrupt. Faced with the scarcity of previous studies on this subject, focusing on the issue of the performance of newly created companies from the perspective of support is very central. Hence the purpose of this article is to study the nature of the effect of the influence of psychological determinants of the success of the entrepreneur-coach relationship on the performance of newly created companies. Our empirical field is made up of novice Tunisian entrepreneurs. We followed a quantitative methodology by collecting data from “350 novices entrepreneurs. The results of our study show that trust, the existence of the psychological contract and the entrepreneur's commitment determine the performance of newly created businesses via the success of the entrepreneur-coach relationship.
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Khan, Khurram Ajaz, Robert Dankiewicz, Yana Kliuchnikava, and Judit Oláh. "HOW DO ENTREPRENEURS FEEL BANKRUPTCY?" International Journal of Entrepreneurial Knowledge 8, no. 1 (June 30, 2020): 89–101. http://dx.doi.org/10.37335/ijek.v8i1.103.
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Bankruptcy risk is always a constant threat to the SMEs, which determines how long the firms will survive. Since its identification, management, and control vested in the hands of the entrepreneurs and managers. A lot depends on their interpretations and beliefs. Therefore, to investigate this phenomenon, the present study aimed to investigate the attitude of the managers and entrepreneurs towards bankruptcy risk and to draw the conclusion on how the entrepreneurs’ attitude differs among the Czech Republic and Slovak republic entrepreneurs as well. The study was conducted among 822 small and medium-sized companies from the Czech Republic and Slovakia. Chi-square and z-score test methods were used to test for the existence of a statistically significant difference between bankruptcy attitudes among Czech and Slovak entrepreneurs. Slovak entrepreneurs are more likely to regard bankruptcy as a natural part of the business, and they are less likely to identify an entrepreneur’s mistake as the cause of bankruptcy. An important conclusion is that the experience of bankruptcy for entrepreneurs of both countries is assessed as a vital experience gained, which, however, negatively affects the self-esteem of an entrepreneur. This study contributes to the literature by offering insights over the attitude of SMEs’ owners and entrepreneurs about bankruptcy risk in the context of the Czech Republic and the Slovak republic. From the policymakers’ viewpoint, it is imperative to understand the attitude of SMEs’ owners and entrepreneurs to design effective policies aiming to improve entrepreneurs with adequate skills, ability, and state support. The Originality of the paper deals with the entrepreneur’s perception, behaviour, and attitude towards bankruptcy risk in SMEs.
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Pillai, Rajani H., Roopa Adarsh, and Anu Krishnamurthy. "Impact of technology on the success of tech based social entrepreneurs in Bengaluru city." Journal of Statistics and Management Systems 26, no. 7 (2023): 1803–17. http://dx.doi.org/10.47974/jsms-1146.
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Purpose - Through a comprehensive analysis of relevant literature, this study will examine the most significant factors—such as technology, skills, personality, and motivation—that impact the success of Social tech entrepreneurs Design/ Methodology/ Approach - With the growth of the local economy, Bangalore has seen a boom in tech-social entrepreneurship, which has recently become the most relevant topic in management studies. This article explored a few tech-related social entrepreneurs and used the Fuzzy Analytic Hierarchy Process to gauge their effectiveness (FAHP). The survey covers Bangalore-based tech-social entrepreneurs. 7 social tech entrepreneurs were chosen for the study. Findings - The findings of the study revealed that for successful social tech entrepreneurship, tech business environment, and Tech personality traits are essential and significant. Using their inventive mindset, technological expertise, commitment to change, and self-efficacy for innovation are all important factors in the success of tech social entrepreneurs. Personal qualities came in at number two, suggesting that a social tech entrepreneur’s outlook is influenced by his or her exposure to new technologies and ways of thinking. Originality Value - As the knowledge-based economy and information technology continue to develop and evolve, tech entrepreneurs are better equipped to learn and apply a wide range of technical abilities to a variety of contexts. This is mostly a result of their aptitude for handling and conquering a variety of technological advancements, creating discoveries and inventions, persuading people, and leading them. The traits of an entrepreneur have a big impact on how successful they are as an entrepreneur. The entrepreneur’s personality, leadership, managerial competence, communication skills, and external circumstances are critical in turning the business into a successful one, even if these factors are essential to developing effective companies. External aspects such as favorable conditions (i.e., the potentiality of markets and technological sophistication, etc.), high-caliber of entrepreneur/ entrepreneurial teams, and promotion policies to encourage social entrepreneurship are the factors that promote early business growth. The significance of each of the attributes contributing to social tech entrepreneurship is explored on an original basis using the FAHP technique.
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Arshad, Azlin Shafinaz, Afiza Azura Arshad, Laila Mohammad Kamaruddin, Siti Zahrah Buyong a, and Che Asniza Osman. "An Empirical Investigation of Entrepreneurial Orientation of Women Entrepreneur in Sabah." Journal of Management Info 7, no. 3 (November 2, 2020): 168–78. http://dx.doi.org/10.31580/jmi.v7i3.1587.
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Entrepreneurial orientation has been recognized as one of the determinants of business performance. The purpose of this study is to determine the entrepreneurial orientation of women entrepreneurs in Sabah by adopting entrepreneurial orientation five-dimensions. A quantitative study using questionnaire was adopted. The respondents of the study were women entrepreneurs who took part in Sabah Women Entrepreneur Carnival 2020, organized by Sabah Women's Affairs Department. The sampling method adopted was convenience sampling. Questionnaires were distributed to 150 women entrepreneurs, but only 93 responses were usable. The findings of the study indicate women entrepreneurs in Sabah are entrepreneurial oriented as the mean scores were all above 3.5. Moreover, out of the five dimensions, these women entrepreneurs are more competitive as it has the highest mean score (M=4.18). However, women entrepreneurs in Sabah are found not proactive since the mean score generated was the lowest among all five dimensions with M=3.22. The study adds some contributions to the field of entrepreneurship. Ministries and agencies involved with the development of women entrepreneurs in Sabah can aid and support women entrepreneurs to grow and sustain their business. Various courses and training can be offered to enhance women entrepreneur’s knowledge and skills.
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Burt, Ronald S., and Sonja Opper. "Early Network Events in the Later Success of Chinese Entrepreneurs." Management and Organization Review 13, no. 3 (September 2017): 497–537. http://dx.doi.org/10.1017/mor.2017.30.
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ABSTRACTWe trace the social networks around Chinese entrepreneurs back to their firm's founding to learn about the role early events play in the later success of a business. We use name generator questions paired with career history questions to identify ‘event contacts’ missed by the usual focus on current business. We draw four conclusions from interviews with a large, stratified random sample of entrepreneurs: (1) Relations with event contacts stand out forguanxiqualities of high trust relatively independent of the surrounding network structure, and are critical to distinguishing more successful entrepreneurs from the less successful. (2) The substance of a significant event matters less than the fact that the entrepreneur deems it significant. (3) When family is turned to for support it is most likely at founding, but family is not the usual source of support at founding. Rather, entrepreneurs turn to people they have known for many years, typically people beyond the entrepreneur's family. (4) The transition from founding to first significant event stands out as distinctly consequential for later success. Entrepreneurs who turn for help on their first significant event to a person separate from, but especially close to, the founding contact are more successful in their business development. That early move is not visible in the later network around the entrepreneur.
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YUSUF, JUITA-ELENA (WIE). "THE ENTREPRENEUR-INVESTOR CHARISMATIC RELATIONSHIP: A DRAMATURGICAL APPROACH." Journal of Enterprising Culture 19, no. 04 (December 2011): 373–96. http://dx.doi.org/10.1142/s0218495811000805.
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This paper presents a dramaturgical approach to understanding the entrepreneur-investor charismatic relationship in the context of the entrepreneur's business plan presentation to outside investors. This approach highlights how entrepreneurs can behave in the presence of investors and how impression management tools can be utilized to develop a successful business plan presentation. Business plan presentations by winners of the 2008 Moot Corp Competition are used to illustrate the charismatic relationship and the impression management techniques that can be used by entrepreneurs in their efforts to project charisma.
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Gregori, Wdowiak, Schwarz, and Holzmann. "Exploring Value Creation in Sustainable Entrepreneurship: Insights from the Institutional Logics Perspective and the Business Model Lens." Sustainability 11, no. 9 (April 29, 2019): 2505. http://dx.doi.org/10.3390/su11092505.
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Sustainable entrepreneurs intend to create environmental and social value while they build their financially viable business. With this in mind, they are embedded in multiple institutionalized value systems (i.e., institutional logics) that provide them with different, often contradictory values, beliefs, and guiding principles. Adhering to these value systems and integrating multiple forms of value into a coherent business model is a key task for sustainable entrepreneurs, yet current efforts lack insight into how this can be achieved. To address this, the article utilizes the institutional logic perspective in conjunction with the componential approach to business models. By analyzing a longitudinal in-depth case study, this article develops a novel theoretical model linking shifts in the entrepreneur’s perception of institutional logic to business model alterations, and emphasizes the underlying mechanisms and behavior of the sustainable entrepreneur. Sustainable entrepreneurs integrate and blend institutional logic through multiple business model transitions, which are characterized by a personal reorientation of the entrepreneur and new practices to implement change. Furthermore, our findings show that the entrepreneur’s habitus, the pre-change business model, and the change-specific dominant logic are integral and previously overlooked concepts that contextualize their business model transition. The findings and discussion advance the theoretical and practical understanding of the processes through which sustainable entrepreneurs integrate multiple forms of value into their business models. With that, the article contributes to research on sustainable entrepreneurship, institutional logic and business models.
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Culebro-Martínez, Román, Elena Moreno-García, and Sergio Hernández-Mejía. "Financial Literacy of Entrepreneurs and Companies’ Performance." Journal of Risk and Financial Management 17, no. 2 (February 7, 2024): 63. http://dx.doi.org/10.3390/jrfm17020063.
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Financial literacy is the ability of people to process economic information to make better financial decisions. Therefore, the financial literacy of entrepreneurs could affect the management of their companies and their results. The aim of this research is to determine if there is a significant relationship between companies’ performance and financial knowledge, financial behavior, and financial attitude of micro, small, and medium-sized entrepreneurs. The incidence of the variables age, size, and sector of the companies, as well as the entrepreneur’s age, gender, and educational level on companies’ performance, is also analyzed. Data from 206 entrepreneurs from Veracruz, Mexico, were analyzed using a logistic regression model. The results show that the financial behavior of the entrepreneurs has a positive and highly significant effect on companies’ performance, although the entrepreneur´s knowledge and attitude don´t have a significant relationship with companies´ performance. The results also show that companies in the industrial sector led by men are less likely to obtain high performance compared to those in the commerce sector. No incidence was found of the variables age, size of the company, and entrepreneur´s educational level on the performance of their companies.
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Murugan, Marirajan, and M. N. Prabadevi. "Operational excellence (OpEx) through entrepreneur’s strategic business decision making and emotional contagion in the service industry." Salud, Ciencia y Tecnología - Serie de Conferencias 3 (June 13, 2024): 902. http://dx.doi.org/10.56294/sctconf2024902.
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Petroleum products play a critical role in the global industry. India is the third most significant crude oil importer in the world, of which 22% from Russia in October 2022. Emotional Contagion refers to an entrepreneur influencing the emotions and behaviours of another entrepreneur and employees in the company to achieve operational excellence. Entrepreneurs' decision-making styles vary from analytical, conceptual, directional, and behavioural to attain the corporate goal. The utilitarian theory states that entrepreneurs, as utilitarians, lead the company with a highly ethical, moral, good environment & culture and, at the same time, target for the company's profit. We have considered twenty five companies from India and the Middle East region to study Entrepreneur's strategic business decision styles and emotional Contagion. We have used a Stratified sampling technique to collect data. We have used JAMOVI for the data analysis. This paper examines entrepreneurs' strategic business decision styles and emotional Contagion toward Utilitarianism in the Oil and Gas service industry. It provides positive and negative effects for which we have recommended that the government and MSMEs must focus on providing psychological training to entrepreneurs to achieve the highest positive emotional contagion, safe and healthy organizational culture positively.
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O’Toole, Jay, and Michael P. Ciuchta. "The liability of newer than newness: aspiring entrepreneurs and legitimacy." International Journal of Entrepreneurial Behavior & Research 26, no. 3 (December 9, 2019): 539–58. http://dx.doi.org/10.1108/ijebr-11-2018-0727.
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Purpose The purpose of this paper is to return to Stinchcombe’s original emphasis on emerging vs existing organizations by examining the cognitive legitimacy challenges aspiring entrepreneurs face vis-à-vis entrepreneurs with existing businesses. Design/methodology/approach The data collection included content analysis of profiles of an online crowdfunding, peer-to-peer lending market leading to a sample of 507 business loan requests, 123 of which were requests to support new business ideas rather than existing businesses. Negative binomial regression was used to test hypotheses regarding whether aspiring entrepreneurs seeking convenience-based support for their new business ideas would be less successful than their counterpart entrepreneurs seeking support for their existing businesses. Findings The findings show that aspiring entrepreneurs received less convenience-based support for their new business ideas from key resource providers than their peer entrepreneurs asking for support for existing businesses. The findings also suggest that this liability of newer than newness may be able to be mitigated by reputational signals such as the creditworthiness of the entrepreneur making the request. Originality/value This study focuses on the original insights Stinchcombe introduced when he described the social conditions that produce the liability of newness. Moreover, this study offers explicit theory as to the key mechanisms that cause the liability of newness by focusing on an aspiring entrepreneur’s ability to secure convenience-based support and potential ways an aspiring entrepreneur may offset that liability.
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Kaiser, Dieter G., Rainer Lauterbach, and Jan Klaas Verweyen. "Venture Capital Financing from an Entrepreneur's Perspective." International Journal of Entrepreneurship and Innovation 8, no. 3 (August 2007): 199–207. http://dx.doi.org/10.5367/000000007781698572.
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One option for entrepreneurs to finance and grow their companies is venture capital. After the boom and bust of the new economy, the venture capital industry has regained importance in financing innovative companies. This study contributes by providing a survey of the literature on the structural and behavioural aspects of venture capital financing from the entrepreneur's perspective. The aim of this survey is to organize and summarize existing theoretical and empirical work on venture capital financing with a view to making entrepreneurs aware of best practice for their interactions with venture capital companies. The authors conclude that entrepreneurs, before seeking venture capital finance, should consider this option carefully, as investors could pursue their own aims even if they are contradictory to those of the entrepreneur.
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Shankar, Raj K., and Shanthi Gopalakrishnan. "A Reflective Entrepreneur: Ashok Vasudevan and the Journey of Tastybite." Journal of Management Inquiry 31, no. 2 (November 23, 2021): 219–26. http://dx.doi.org/10.1177/10564926211059015.
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The literature on entrepreneurship acknowledges that entrepreneurs are both thinkers and doers. While scholars have previously explored entrepreneurs’ cognitions and actions, research on entrepreneurs’ reflective practices remains limited. To stimulate greater scholarly attention on exploring entrepreneurs as reflective practitioners, in this ‘Meet the Person’ article we build on two interviews with the celebrated entrepreneur Ashok Vasudevan. From buying the venture off Unilever and eventually selling it to Mars, Ashok’s journey reflects an entrepreneur’s struggles in growing a venture from an emerging economy (India of the 90s). Tearing down entrepreneurship literature’s stereotypical and mythological lore, Ashok’s journey with Tasty Bite is also a case of why “the” theory of entrepreneurship continues to remain elusive. Three key themes from Ashok’s journey (failure, sustainability, and exit) help highlight the rich possibilities that reflective practice offers to entrepreneurship literature. Implications for the advancement of reflective practice in entrepreneurship research, education, and practice are presented.
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Hassan, Siti Hasnah, Jusuf Zeqiri, Veland Ramadani, Teo Shao Zhen, Nik Hadian Nik Azman, and Imran Mahmud. "Individual Factors, Facilitating Conditions and Career Success: Insights from Malaysian Female Entrepreneurs." Journal of Enterprising Culture 28, no. 04 (December 2020): 375–400. http://dx.doi.org/10.1142/s0218495820500168.
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The involvement of female entrepreneurs in the growth of a nation’s economy is an important subject. Despite various opportunities as well as structural and policy financing and support to launch and run businesses, women still face challenges that hamper their chances of success. Therefore, a study was conducted to examine the individual factors and facilitating conditions that have led to female entrepreneurs’ career success. A survey instrument was formulated through questionnaires to obtain feedback from female entrepreneurs in Malaysia. The findings showed that entrepreneur competence, commitment, goal, and knowledge are related to female entrepreneurs’ career success. While human capital was found to be an insignificant factor in determining female entrepreneurs’ career success, the goal was discovered to be the most salient factor that determines a female entrepreneur’s chances of career success. The findings have important practical implications for managers and leaders who wish to motivate their employees to achieve their career milestones. This paper sheds some light on female entrepreneurship in developed economies and recommends further research on female entrepreneurship.
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Yang, Yunxi, and Sharon M. Danes. "Resiliency and Resilience Process of Entrepreneurs in New Venture Creation." Entrepreneurship Research Journal 5, no. 1 (January 1, 2015): 1–30. http://dx.doi.org/10.1515/erj-2013-0076.
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AbstractThe purpose of this longitudinal study of 94 married entrepreneurs starting new businesses was to investigate protective mechanisms creating resiliency (capacity) in entrepreneurs and entrepreneur-assessed spousal commitment to new venture goals as a key element of the resilience process experienced within their couple decision context. Controlling for business demand, the effect on new venture sustainability as measured by breakeven point and business success was analyzed. Patterson’s FAAR theory, a family resilience theory, was applied because it clearly conceptualizes the components and influencing factors within the process of resilience and because the couple is the primary decision context of entrepreneurs. Spousal commitment (negative) and business demand (curvilinear) were significantly associated with breakeven point. Entrepreneur’s business confidence (positive), life outlook (positive), and business demand (curvilinear) were associated with business success.
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Lantukh, I., and A. Lantukh. "Influence of psychological culture on development of personal reliability and effectiveness of professional activity of entrepreneurs." Fundamental and applied researches in practice of leading scientific schools 31, no. 1 (February 28, 2019): 118–24. http://dx.doi.org/10.33531/farplss.2019.1.24.
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The article examines the role of psychological culture in entrepreneurs' professional activity. Components of psychological culture are dedicated, which influence the reliability of subjects of entrepreneurial activity. Components of psychological culture are described, that actively develop the entrepreneur's attitude to the efficiency of professional activity and success in business.
It is proved that the success in professional sphere helps the entrepreneur actively develop his business, interact with business partners and constantly strive for his success. At the same time his psychological culture is of great importance also. Psychological culture is an important system-forming component of the overall harmony of the entrepreneur's personality and has a wide aspect of the general culture, culture of work and culture of interaction in society. The development of the psychological culture of entrepreneurs can influence their personal qualities: cognitive, communicative, emotional-volitional, organizational, socio-regulatory, motivational, value ideals and needs. Therefore, when forming psychological culture at the entrepreneurs, their personal reliability as partners, as well as their success in business, and their competitiveness are significantly enhanced.
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Lantuh, V., and I. Lantuh. "Psychological portrait of subjects of entrepreneur activity." Fundamental and applied researches in practice of leading scientific schools 32, no. 2 (April 30, 2019): 3–10. http://dx.doi.org/10.33531/farplss.2019.2.01.
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The article deals with the psychological characteristics of subjects of entrepreneur activity. It also identifies and describes their personal qualities, shows how the positive factors of the personality of entrepreneurs influence success in their professional activities. Particular attention is paid to such important qualities of entrepreneurs as leadership, style of behavior, quality of mind, organizational and administrative skills and attitudes towards oneself, to the team and professional activities. The psychological portrait of an entrepreneur highlights professional qualities that distinguish him from other professionals. This is a creative economic activity, taking risks, striving for self-realization, sociability, and stress resistance. At the same time, there are a number of differences that make it possible to distinguish the characteristics of a domestic Ukrainian entrepreneur: insufficient assessment of the entrepreneur's significance in modern society, weak legal protection and poor assessment of the society. All this reduces interest in entrepreneurship in society, especially in small and medium businesses. The development of a psychological portrait of a domestic entrepreneur contributes to the evaluation of the activities of a Ukrainian entrepreneur and promotes his personal development.
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Divan, Deepak. "Entrepreneurs Drive Creative Destruction [Entrepreneur Viewpoint]." IEEE Power Electronics Magazine 3, no. 3 (September 2016): 38–39. http://dx.doi.org/10.1109/mpel.2016.2585538.
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Demeshkin, I. A. "PRACTICES OF ROLE TRANSFORMATION OF ENTREPRENEURS IN THE SITUATION OF LEAVING THE BUSINESS." Вестник Удмуртского университета. Социология. Политология. Международные отношения 4, no. 2 (July 3, 2020): 147–55. http://dx.doi.org/10.35634/2587-9030-2020-4-2-147-155.
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The first group of Russian entrepreneurs appeared in the late 80s and early 90s of the last century. Today, representatives of this group are in the age category of 45 years or more (Demographic portrait of small business, 2017) and they have the question “What to do next?” In the absence of an established system of practices for leaving the business, entrepreneurs know how to do business, but they do not know how to get out of it correctly. Role-transformation practice in the situation of exit from the active phase of entrepreneurship is an important element in the career of an entrepreneur. In Russia, today, there is no accumulated system of an entrepreneur’s exit from a business and transfer of his business as an inheritance (A whole century without the right to transfer, 2019). Entrepreneurs do not understand when it is necessary to go out of business and how to do it. The problem considered in this article is formed from this - what spontaneous practices of role transformation of entrepreneurs in a situation of leaving business exist? The purpose of our research is to identify existing practices of the role transformation of entrepreneurs. To achieve this goal, we performed the following tasks: 1. Consider the classical and modern theoretical models of entrepreneurship; 2. Determine the specifics and patterns of entrepreneurial activity; 3. Define the concepts used to describe the situation of going out of business; 4. Identify the goals and problems of the role transition of entrepreneurs in the situation of exit from business; 5. Determine the conditions for an entrepreneur to exit from the active phase of entrepreneurship.
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Dvorský, Ján, Jaroslav Belás, Jr., Gentjan Çera, and Svitlana Bilan. "DISPARITIES IN THE PERCEPTION OF BUSINESS RISKS IN CONNECTION WITH THE ACHIEVED EDUCATION OF THE OWNER/MANAGER AND DOING BUSINESS." International Journal of Entrepreneurial Knowledge 9, no. 1 (June 30, 2021): 25–40. http://dx.doi.org/10.37335/ijek.v9i1.123.
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The article aims to identify disparities in the perception of business risks connected with the achieved education of the owner/manager and doing business in the SME segment. The study's empirical part was realised on 1585 fulfil questionnaires of SMEs in the Visegrad countries (V4). The Chi-square test and Z-test verified the formulated statistical hypotheses. The research results brought a common and different perception of business risks between the examined groups of entrepreneurs. The results showed that the relationship between education and the entrepreneur's business area is not a statistically significant factor in the perception of market, financial and legal risk sources. On the contrary, disparities are significant in the perception of selected sources of management, strategic and personnel risk, between groups of entrepreneurs regarding the relationship between education and the business of the entrepreneur. Entrepreneurs whose education is related to the area of business perceive the sources of personnel risk (employee turnover and the effort of employees to increase their performance) more positively than entrepreneurs whose education is not related to business.
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Yan, Ping, Yunhyeong Choi, Seong-jin Choi, and Sukyoon Jung. "Agency Theory Approach For The Performance Of Returnee Entrepreneurs." Journal of Applied Business Research (JABR) 34, no. 3 (May 7, 2018): 447–54. http://dx.doi.org/10.19030/jabr.v34i3.10168.
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A returnee entrepreneur playing an important role in China market is a notable phenomenon. While their advanced knowledge and overseas networking in developed countries have advantages over local counterparts, their lack of local knowledge and connection may mitigate their advantages. This study explores the research questions how and why external management control of returnee entrepreneur is inferior to local counterpart. Based on the data collected in year 2002 from Chinese technology venture companies in Zhongguancun Science Park (ZSP), we find that the performance of returnee entrepreneur’s firms is lower when they have more local subsidiaries and when they are owned by foreigners. It implies that returnee entrepreneurs may be less effective in management control over local subsidiaries which may indicate a low level of headquarters control. It also implies that foreign ownership gives rise to increase in agency conflicts between returnee entrepreneurs and foreign investors and thus has a negative impact on firms’ innovation performance.
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Mishra, Oly. "Principles of frugal innovation and its application by social entrepreneurs in times of adversity: an inductive single-case approach." Journal of Entrepreneurship in Emerging Economies 13, no. 4 (July 13, 2021): 547–74. http://dx.doi.org/10.1108/jeee-07-2020-0247.
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Purpose This study aims to focus on implementing frugal innovation and its principles by social entrepreneurs to face the challenges during the COVID-19 pandemic. The research paper discusses the case of an Indian social entrepreneur who works for menstrual health and hygiene of unprivileged and rural women in India. The social entrepreneur’s constant endeavor is to create an ecosystem to ensure rural women’s economic and social upliftment through financial inclusion and livelihood training. When faced with the COVID-19 pandemic, the social entrepreneur re-purposed the manufacturing process to produce masks that were the need of the hour. Design/methodology/approach The research paper is qualitative and follows an inductive case study approach. The underlying principles of frugal innovation are established through content analysis of the social entrepreneur’s interviews and her team members. Findings The study discusses how adversity can be an opportunity for social entrepreneurs by implementing frugal innovation principles, i.e. re-use, re-purpose, re-combine and rapidity, in times of crisis. Research limitations/implications One of the major limitations of this study is that it is based on a single case study, as, in the current scenario, this case appeared to be the most suitable one. There is no way to generalize the assumptions of this model. Researchers will have to study the phenomena of frugal innovation in adversity across multiple cases in the future. Also, the study is based on a single emerging economy, i.e. India. Further research may be carried out with such cases from other countries. Practical implications The proposition of this research paper will help new and established social entrepreneurs understand that the four principles of frugal innovation and their practical application by a social entrepreneur. This will act as a guiding light for the present and future entrepreneurs regarding how one can respond to a crisis. This will also help advance our understanding of the distinct ways in which social entrepreneurs’ activities can help society in times of crisis. The findings of this research paper provide timely implications for social entrepreneurs. To respond efficiently to various crises, it is important to consider its effect on social entrepreneurship. Social implications The research paper shows that the social enterprise has implemented frugal innovation principles to manufacture the COVID-19 protection items supplied through existing supply chain networks. Also, a social entrepreneur is not intimidated by the sudden changes in the business environment; instead, they look at the situation as an opportunity to do something new. They are always willing to take the risk to innovate a solution that will address people’s problems. frugal innovation, due to its highly collaborative nature and its ability to make the most from limited resources, is the only way social entrepreneurs can create an inclusive, secure and sustainable future. Originality/value There are several challenges in social entrepreneurship, especially in emerging economies like India. During the pandemic, availability of resources was the major challenge, due to which social entrepreneurs had to find solutions through frugal innovation. This paper provides the practical application of the four principles of frugal innovation implemented by a social enterprise to manufacture and supply Covid protection items. It also presents the practical and managerial implications of the principles of frugal innovation by social entrepreneurs in low resource settings.
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Lee, Byungku. "Human capital and labor: the effect of entrepreneur characteristics on venture success." International Journal of Entrepreneurial Behavior & Research 25, no. 1 (January 14, 2019): 29–49. http://dx.doi.org/10.1108/ijebr-10-2017-0384.
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PurposeThe purpose of this paper is to offer a unique perspective on the role of entrepreneurs’ hard work for the relationship between entrepreneur human capital and venture success. To this end, this study examined whether entrepreneurs with high human capital work harder than entrepreneurs with low human capital, the effect of entrepreneurs’ hard work on venture performance, and whether entrepreneurs’ hard work mediates the relationship between entrepreneur human capital and venture performance.Design/methodology/approachIn this explorative study, the role of entrepreneurs’ hard work as a mediator that transfers entrepreneur human capital into venture success was examined in a sample of 2,648 single-founder startups in the USA and 21,184 observations during the period of 2004-2011.FindingsThe effect of entrepreneurs’ industry experience on entrepreneurs’ hard work was significantly positive, while the effect of entrepreneurs’ general education on entrepreneurs’ hard work was significantly negative. Moreover, entrepreneurs’ hard work was a significant predictor of venture success. Finally, the results showed that entrepreneurs’ hard work partially mediates the positive relationship between entrepreneurs’ industry experience and venture success.Originality/valueOn one hand, the link between human capital and firm performance has been studied thoroughly and findings so far support the positive link between them. On the other hand, there has been continuous criticism that human capital gained much of its attention at the expense of human labor. There is a paucity of research, however, that investigating the dynamics of the relationships between human capital and human labor. This study provides an empirical explanation of such dynamics of the relationships of human characteristics in the context of entrepreneurship.
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Ahmed, Faten Fekih, and Lotfi Belkacem. "Networks Around Potential and Nascent Entrepreneurs: Examining the Mediating Role of Risk-Taking and Self-Confidence." Journal of Enterprising Culture 29, no. 04 (October 26, 2021): 325–54. http://dx.doi.org/10.1142/s0218495821500199.
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The importance of social network comes not only from the resources to which networks facilitate access but also from the capacity of the network to develop entrepreneurial characteristics in a person. This research focuses on the importance of the entrepreneur’s social network in the pre-start-up phase. It also examines the mediating role of risk-taking and self-confidence as important psychological variables for future entrepreneurs. We undertake this study to better understand the failure at the network level of the future Tunisian entrepreneur while offering solutions to decision-makers in Tunisia. Among the 2,000 adults surveyed by the Global Entrepreneurship Monitor, interest is focused on potential and emerging entrepreneurs. The results of logistic regression modelling show that future Tunisian entrepreneurs often use their emotional support network and neglect other networks which offer practical support at an earlier stage of business creation. Unlike to expectations, risk-taking and self-confidence have not mediated the relationship between the social network and the pre-start-up phase.
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Griffin-EL, E. W. "Network-based resources for the innovation process of South African micro-entrepreneurs: A conceptual framework." South African Journal of Business Management 46, no. 3 (September 30, 2015): 79–89. http://dx.doi.org/10.4102/sajbm.v46i3.103.
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The paper explores the social networks of South African micro-entrepreneurs in order to understand the socially-embedded resources that micro-entrepreneurs apply towards their innovation process. The paper posits that the social capital embedded within the network of a micro-entrepreneur is activated by the demands of the innovation process to generate other forms of resources by which the innovation process is facilitated. Analysing empirical data collected via in-depth interviews of urban micro-entrepreneurs in the Johannesburg metropolitan area, the analysis conceptually organizes these various forms of socially embedded resources into an original framework referred to as Network Diversity Value (NDV). Two central dimensions frame NDV – the orientation of the innovation process and the form of the emerging resource. The interaction of these dimensions reveal a variety of network-based resources perceived as valuable, and suggest a greater degree of complexity and nuance in the South African micro-entrepreneur’s innovative process than that which common discourse conveys.
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Brieger, Steven A., Dirk De Clercq, Jolanda Hessels, and Christian Pfeifer. "Greater fit and a greater gap." International Journal of Entrepreneurial Behavior & Research 26, no. 4 (December 12, 2019): 561–94. http://dx.doi.org/10.1108/ijebr-03-2019-0185.
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Purpose The purpose of this paper is to understand how national institutional environments contribute to differences in life satisfaction between entrepreneurs and employees. Design/methodology/approach Leveraging person–environment fit and institutional theories and using a sample of more than 70,000 entrepreneurs and employees from 43 countries, the study investigates how the impact of entrepreneurial activity on life satisfaction differs in various environmental contexts. An entrepreneur’s life satisfaction arguably should increase when a high degree of compatibility or fit exists between his or her choice to be an entrepreneur and the informal and formal institutional environment. Findings The study finds that differences in life satisfaction between entrepreneurs and employees are larger in countries with high power distance, low uncertainty avoidance, extant entrepreneurship policies, low commercial profit taxes and low worker rights. Originality/value This study sheds new light on how entrepreneurial activity affects life satisfaction, contingent on the informal and formal institutions in a country that support entrepreneurship by its residents.
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Gustina, Lia, Diah Ayu Utami, and Padang Wicaksono. "The Role of Cognitive Skills, Non-Cognitive Skills, and Internet Use on Entrepreneurs’ Success in Indonesia." Jurnal Economia 16, no. 1 (April 8, 2020): 130–42. http://dx.doi.org/10.21831/economia.v16i1.30414.
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Abstract: This study aims to analyze the effect of cognitive skills, non-cognitive skills, and internet use on the entrepreneur's success in Indonesia. Using the Indonesian Family Life Survey (IFLS) conducted in 2014 (IFLS-5), this study observed people of 15-64 years old who work as entrepreneurs which amounted to 4.111 observations. The model used is Ordinary Least Square (OLS) Regression. The results showed that cognitive and non-cognitive skills will determine the entrepreneur's success by profit measure. The higher the cognitive and non-cognitive skills possessed by the entrepreneur, the higher the profit obtained. Entrepreneurs who use the internet will also get higher profits than entrepreneurs who do not use the internet. In addition, the profit earned by the entrepreneur will be even higher if: age increases, of male sex, is highly educated and is living in urban areas. Keywords: Entrepreneur, Cognitive Skills, Non-Cognitive Skills, Internet, OLS Peran Kemampuan Kognitif dan Nonkognitif serta Penggunaan Internet terhadap Kesuksesan Wirausaha di Indonesia Abstrak: Penelitian ini bertujuan untuk mengetahui peranan variabel kemampuan kognitif, kemampuan nonkognitif, dan penggunaan internet terhadap kesuksesan seorang wirausaha. Data yang digunakan bersumber dari Indonesian Family Life Survey (IFLS) tahun 2014 (IFLS-5) dan unit analisisnya adalah individu usia 15-64 tahun yang bekerja sebagai wirausaha dengan observasi berjumlah 4.111 individu. Metode yang digunakan adalah Ordinary Least Square (OLS) Regression. Hasil penelitian menunjukkan bahwa kemampuan kognitif dan nonkognitif akan menentukan kesuksesan wirausaha yang diukur dengan profit yang diperoleh. Semakin tinggi kemampuan kognitif dan nonkognitif yang dimiliki wirausaha menunjukkan profit yang diperoleh semakin tinggi. Wirausaha yang menggunakan internet juga akan memperoleh profit yang lebih tinggi dibanding wirausaha yang tidak menggunakan internet. Selain itu, profit yang diperoleh wirausaha akan semakin tinggi jika: usia semakin bertambah, berjenis kelamin laki-laki, berpendidikan tinggi (SMA ke atas), dan tinggal di daerah perkotaan. Kata kunci: Wirausaha, Kemampuan Kognitif, Kemampuan Nonkognitif, Internet, OLS
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Rianse, Usman. "ANALISIS GAYA BELAJAR DAN PERILAKU BISNIS PENGUSAHA KECIL BIDANG AGRIBISNIS DI KOTA KENDARI." Jurnal AGRISEP 12, no. 2 (September 1, 2013): 239–50. http://dx.doi.org/10.31186/jagrisep.12.2.239-250.
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The absence of information regarding business learning styles and behavior of small entrepreneurs in the agribusiness field in Kendari city can lead to less precise determination of creative economic policy in the Kendari city. This study aims to: determine the type of business learning style and behavior of small entrepreneurs in the agribusiness field in Kendari city. Analysis of learning styles performed by calculating the level of rank (from left to right) was made by the respondents to the questionnaire that has been provided based on the level of compatibility with the learning behavior of respondents. Analysis of the entrepreneurs’s behavior carried out by observing the dominance of respondents’s answering on the questionnaire (19 questions) that have been provided. The results showed that learning style of the small entrepreneurs in the agribusiness field in Kendari city spread into 4 (four) types of learning styles, in the following order: 38.89% assimilator type, 27.78% converger type, 16.67% respectively for acomodator and diverger type. Business behavior of small entrepreneurs in the agribusiness field in Kendari city clustered on the behavior of III (100%), nomely the ethical business behavior (clean businness). Among that entrepreneurs who behave 100% clean business behavior, there were 38.89% of entrepreneurs who conduct very strong (high) clean business and 61.11% who conduct rather low clean business.Keywords: Learning Styles, Business Behavior, Small Entrepreneur, Agribusiness
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Din, Norrina, Mohd Subri Tahir, Norashida Othman, and Leylawati Joremi. "Personality Traits of Women Entrepreneurs for Sustainable Food Businesses." GATR Global Journal of Business Social Sciences Review 10, no. 3 (September 25, 2022): 121–31. http://dx.doi.org/10.35609/gjbssr.2022.10.3(2).
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Objective - COVID-19 is the worst in the history of pandemics. Small business survival has been jeopardized in this challenging situation, although entrepreneurs desire to strategize their plans to sustain their business. Other than strategies, psychological characteristics were found to be significant factors for sustaining business among entrepreneurs. Research on the psychological characteristics of entrepreneurs has long been conducted. However, the information is scarce in terms of the main psychological characteristics of entrepreneurs, especially during the COVID-19 pandemic. Therefore, this study explores the Bumiputera women entrepreneurs' psychological characteristics that enable the business's survival. Methodology/Technique – Using purposive sampling, a semi-structured interview was conducted with Bumiputera women entrepreneurs in the food business located in Penang. Out of 60, only 17 agreed to participate. Finding – The result of the thematic analysis revealed that self-confidence, creativity, and proactivity were identified as the primary key to sustaining their business. Surprisingly, the entrepreneur's creativity highlighted a new shed to hybrid Malay and Japanese cuisine to produce lemang sushi. Additionally, the study's findings have few consequences for entrepreneurs, societies, and the government. Although the pandemic has had a disastrous effect on health and lifestyle activities, there is always a spark of hope for introducing considerable ways to fulfill entrepreneurial desires and serve the community. Novelty – As a result, entrepreneurs are incentivized to boost the economy as a person in society by delivering sustainable services to the community. Type of Paper: Empirical JEL Classification: Q01, Q18, Q19. Keywords: Bumiputera; Women, Entrepreneur; Psychological characteristics; Proactive and Creative Reference to this paper should be referred to as follows: Din, N; Tahir, M.S; Othman, N; Joremi, L. (2022). Personality traits of women entrepreneurs for sustainable food businesses, GATR-Global J. Bus. Soc. Sci. Review, 10(3), 121–131. https://doi.org/10.35609/gjbssr.2022.10.3(2)
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Gartner, William B. "“Who Is an Entrepreneur?” Is the Wrong Question." American Journal of Small Business 12, no. 4 (April 1988): 11–32. http://dx.doi.org/10.1177/104225878801200401.
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Entrepreneurship is the creation of organizations. What differentiates entrepreneurs from non-entrepreneurs is that entrepreneurs create organizations, while non-entrepreneurs do not. In behavioral approaches to the study of entrepreneurship an entrepreneur is seen as a set of activities involved in organization creation, while in trait approaches an entrepreneur is a set of personality traits and characteristics. This paper argues that trait approaches have been unfruitful and that behavioral approaches will be a more productive perspective for future research in entrepreneurship.
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Gartner, William B. "“Who Is an Entrepreneur?” Is the Wrong Question." Entrepreneurship Theory and Practice 13, no. 4 (July 1989): 47–68. http://dx.doi.org/10.1177/104225878901300406.
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Entrepreneurship is the creation of organizations. What differentiates entrepreneurs from non-entrepreneurs is that entrepreneurs create organizations, while non-entrepreneurs do not. In behavioral approaches to the study of entrepreneurship an entrepreneur is seen as a set of activities involved in organization creation, while in trait approaches an entrepreneur is a set of personality traits and characteristics. This paper argues that trait approaches have been unfruitful and that behavioral approaches will be a more productive perspective for future research in entrepreneurship.
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Syarifuddin, Syarifuddin, Mahfudnurnajamuddin Mahfudnurnajamuddin, and Ratna Dewi. "The Influence of Human Capital on Performance and Satisfaction of Medium Entrepreneurs in Kupang City." Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences 2, no. 2 (July 3, 2019): 461–71. http://dx.doi.org/10.33258/birci.v2i2.328.
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This aims of this study is to know the influence of human capital on performance and customer satisfaction as well as medium entrepreneur human capital towards the entrepreneurs satisfaction through the performance medium entrepreneurs. This study was conducted in Kupang city with number of population 280 people as medium entrepreneurs. Sample assignment as much as 165 people medium entrepreneurs as respondents by using the method of withdrawal of samples through a formula approach Yamane. Results of the questionnaire on data analysis using Structural Equation Modeling (SEM) programmed package with the helping of Moment Analysis of Structure (AMOS) 18. The study found that; 1) Humana capital positive and significant effect on performance, medium-2) entrepreneur Human capital effect positive use and significantly to the satisfaction of the medium entrepreneurs, 3) positive use of influential businessmen and Performance significantly to satisfaction medium, 4) entrepreneur Human capital effect positive and significantly to the satisfaction of the employers through the performance medium entrepreneurs.
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Omerzel Gomezelj, Doris, and Irena Kušce. "The influence of personal and environmental factors on entrepreneurs' performance." Kybernetes 42, no. 6 (June 24, 2013): 906–27. http://dx.doi.org/10.1108/k-08-2012-0024.
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Purpose – This paper aims to analyse the determinants of business start-ups and their impact on entrepreneurial performance. The theoretical part indicates that the importance of small- and medium-sized enterprises (SMEs) considers the role of entrepreneur in the business process and provides an overview of theoretical and empirical findings in the main determinants of business start-ups. Design/methodology/approach – The empirical part is based on quantitative survey results from a model of business start-up factors and relations with the entrepreneurs' performance. The data were analysed using the statistical package for data analysis SPSS for Windows. The factor analysis was performed separately for the set of variables that have measured the reasons for founding the start-up, the personality traits, environmental factors and performance. The paper used a multiple linear regression model to identify the strength, direction and impact of different factors on the start-up performance. Findings – In general, the study identifies which indicators influence entrepreneurs' performance (personal and business) in the first years of their companies. The paper revealed the heterogeneity of the measures for performance and their different natures (from financial indicators to those related to the entrepreneur satisfaction). Consequently, one of the most significant findings of the research is that, in spite of the fact that the most commonly used indicators for the firm performance in the literature are financial, the paper should not neglect the so-called perceived performance. This is how entrepreneurs are satisfied with their success. Research limitations/implications – The study is limited to Slovenian SMEs, but can be generalised to other regions. The study offers notable contributions for research and practice (improvements in SME environmental factors). Practical implications – The personal traits and appropriate business environments can have beneficial effects on the entrepreneur's perceived performance. The findings can be used to guide the government in efficient management of different dimensions of entrepreneur environment. Originality/value – This study proved the existence of latent elements of the entrepreneur's perceived performance. It gives valuable information, which hopefully will help the policy makers and entrepreneurs to give greater respect to the meaning of critical personal and environmental factors.
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Li, Yuxin. "A Discourse Analysis of Zuckerberg’s Pragmatic Identities’ Construction based on Adaptation Theory." Advances in Social Sciences Research Journal 8, no. 7 (July 30, 2021): 369–80. http://dx.doi.org/10.14738/assrj.87.10612.
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People construct different pragmatic identities in everyday talk and the process of building identities usually adapts to the context. To be specific, entrepreneurs represents himself and the company when uttering to the outside society and the construction of entrepreneur’s identity is related to the company’s image. They are inclined to use intertextuality resources to build connection with the potential audience. Therefore, in this research, the author analyzed an entrepreneur’s speech discourse to describe what pragmatic identities are constructed and how does the construction adapt to the speaking context. To answer these questions, the author conducted a discourse analysis to illustrate relationship between the language use and physical, social and mental world based on Adaptation Theory. The results presented that the entrepreneur builds various master identities, interpersonal identities, and personal identities with intertextuality language resources to adjust to the speaking context. This study suggested that entrepreneurs are supposed to improve the skill of manipulating their discourse strategies to build close connection with potential listener.
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Vynoslavska, Olena, and Maria Kononets. "Entrepreneur’s psychological safety under pandemic restrictions." Організаційна психологія Економічна психологія 1, no. 25 (May 16, 2022): 33–41. http://dx.doi.org/10.31108/2.2022.1.25.4.
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Introduction. Entrepreneurial activity is one of the main sources of revenues to the state budget. Accordingly, ensuring entrepreneurs’ safety, in particular, psychological safety, is very important. Unfortunately, in the context of pandemic restrictions, many entrepreneurs were forced to close their businesses or significantly reduce their activities, which negatively affected their psychological safety. Therefore, the definition of the main threats to the psychological security of an entrepreneur and possible ways of protection against them is an urgent task of economic psychology. Aim. То determine the main threats to the entrepreneur's psychological security under pandemic restrictions and possible ways to protect against them. Results. The relevance of the study is confirmed by the list of modern publications on the problem of the negative impact of the COVID-19 pandemic on the psychological safety of the individual, in particular, business entities. The article analyzes the content of the concept of "entrepreneur's psychological security", identifies threats to the psychological security of business entities, determines the main directions in which the psychological security of entrepreneurs should be ensured under pandemic restrictions. The authors consider the concept of «entrepreneur's psychological security» as a state of psychological security of an economic entity from internal and external threats that have negative consequences at all stages of the enterprise's functioning, and as well as a state that allows generating and implementing new ideas and increasing productivity. Conclusions. The information presented in the article may be useful in studying the effects of pandemic restrictions on entrepreneur's’ psychological well-being.
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Zhuravlev, Alexey V., and Maria A. Egiazarova. "Comparative Analysis of the Values of Traditional Business Entrepreneurs and Startup Founders." Moscow University Psychology Bulletin, no. 3 (2023): 216–38. http://dx.doi.org/10.11621/lpj-23-34.
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Background. Currently, the number of entrepreneurs who run traditional business or create a startup is growing. A startup is a special type of entrepreneurial activity that increases the risks of doing business. In this regard, the question of the personality traits of the entrepreneur who has a traditional business and the founder of the startup arises. Objective. The aim is to identify distinctive professional values of entrepreneurs who prefer traditional business (hereinafter referred to as TB entrepreneurs) and startup entrepreneurs. Methods. The hypotheses were tested by a survey including two test methods: the Rokich values method, a modified method from the Bushkova-Shiklina study. The paper compared the set of professional values of traditional business entrepreneurs (TB) and startup founders. Differences in values were checked through Pearson's chi-square calculation (χ2 ⸻ Pearson consent criterion). Sample. The sample consisted of 90 people. Of these, 46 participants (25 men and 21 women) are entrepreneurs, and 44 (27 men and 17 women) participants are startup founders living in Moscow and St. Petersburg. The age of respondents is from 20 to 40 years. Results. Statistically significant differences in the values of TB entrepreneurs and startup founders could not be found. The set of common values of TB entrepreneurs and startup founders is the same: interest in work, financially secure life, development. However, each group of entrepreneurs has its own specific values. TB entrepreneurs emphasise professionalism while startup founders emphasise success. Conclusions. TB entrepreneurs and startup founders have similar values. The personalities of TB entrepreneurs and startup founders have many similarities, similar values and directions in life, despite the fact that the activities of these two groups are not identical and have their own characteristics. A startup should be considered as a subtype of entrepreneurship. TB entrepreneurs demonstrate professionalism as a specific professional value. Startup founders have another specific professional value which is freedom. Practical application of the results. The results of the study are useful for group and individual work with entrepreneurs, and also serve as a starting point for a more detailed study of the socio-psychological aspects of entrepreneur's personality.
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Rahmatiah, Rahmatiah, Dondick Wicaksono Wiroto, and Hapsawati Taan. "A Conceptual Framework in the Formation of Young Entrepreneurs in Indonesia." Jurnal Ilmu Sosial dan Ilmu Politik 21, no. 2 (December 5, 2017): 102. http://dx.doi.org/10.22146/jsp.30435.
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This article is an initial step to reach a conceptual understanding on young entrepreneurs in sociological studies. Many studies pertaining to entrepreneurship have been found in various discipline of studies, however, nothing of note has been found particularly in connection to the concept of youth. The current reality in Indonesia precisely exhibits multiple entrepreneurship activities targeting young people as organizers and participants. The identity of entrepreneur is constructed by tracing and researching the variety of important concepts observed in various literature (written by economy, sociology, and entrepreneurship experts) concerning entrepreneur action. Entrepreneur identity has 4 dimensions: triggering event, innovation, action strategy of start-up arrangement (as stated in the business plan/model), and entrepreneurship implementation. Entrepreneur identity will be discussed by using multiple data obtained from YouTube in the form of speeches, lectures, and interviews of young entrepreneurs until an understanding is ultimately acquired regarding the identity of young entrepreneurs’ base of action by analyzing their emphasis on what they do as entrepreneurs. The discussion develops further as the identity touches on a more complex social context: social welfare, hence, young entrepreneurs also have the identity of young entrepreneurs’ social movement comprising of three phases: initiation, strategic, and control.
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YOUNG, JOHN E., and JANICE BAKER CORZINE. "THE SAGE ENTREPRENEUR: A REVIEW OF TRADITIONAL CONFUCIAN PRACTICES APPLIED TO CONTEMPORARY ENTREPRENEURSHIP." Journal of Enterprising Culture 12, no. 01 (March 2004): 79–104. http://dx.doi.org/10.1142/s0218495804000051.
Full textAbstract:
Currently, the West is experiencing a surge in the popularity of Eastern philosophies and wisdom and their application to everyday life. This paper applies the philosophies from ancient China as expressed by Confucius and subsequent scholars in the Confucian tradition to contemporary entrepreneurship, Specifically, we explain the notion of the Confucian sage and the attempt to attain sagehood in general terms. We also elaborate on methodologies used by adherents to the Confucian tradition. Next, we introduce the concept of the contemporary sage entrepreneur and suggest traditional Confucian practices for facilitating the transformation of contemporary entrepreneurs into sage entrepreneurs. In addition, we focus on benefits of the entrepreneur's transition to sagehood. Propositions describing the benefits of Confucian practices and eventual sagehood are presented throughout the paper.
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Gundry, Lisa, Jill Kickul, Harold P. Welsch, and Margaret Posig. "Technological Innovation in Women-Owned Firms." International Journal of Entrepreneurship and Innovation 4, no. 4 (November 2003): 265–74. http://dx.doi.org/10.5367/000000003129574324.
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This study seeks to determine the influence of the underlying factors that facilitate the growth and implementation of new technologies within women-owned businesses. In the proposed model, market growth mediates the relationship between the individual antecedents (entrepreneurial intensity and opportunity costs) and technological change. Using the two-step approach for measurement analysis and structural equation modelling, results revealed that the process by which women entrepreneurs implement new technological changes is influenced by their decision to expand the business. Entrepreneurial intensity and the entrepreneur's willingness to incur opportunity costs were key motivating factors that compelled the entrepreneur to seek new growth strategies. Implications for research and practice related to ways in which entrepreneurs' strategic focus can enable technological innovations are discussed.
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Balachandra, Lakshmi, Tony Briggs, Kim Eddleston, and Candida Brush. "Don’t Pitch Like a Girl!: How Gender Stereotypes Influence Investor Decisions." Entrepreneurship Theory and Practice 43, no. 1 (September 26, 2017): 116–37. http://dx.doi.org/10.1177/1042258717728028.
Full textAbstract:
We consider the role that gender-stereotyped behaviors play in investors’ evaluations of men- and women-owned ventures. Contrary to research suggesting that investors exhibit bias against women, we find that being a woman entrepreneur does not diminish interest by investors. Rather, our findings reveal that investors are biased against the display of feminine-stereotyped behaviors by entrepreneurs, men and women alike. Our study finds that investor decisions are driven in part by observations of gender-stereotyped behaviors and the implicit associations with the entrepreneur’s business competency, rather than the entrepreneur’s sex.