Search Results (123)

The purpose of this study is to provide a context-based empirical investigation of the racialized effect of policing on the financial performance of Black entrepreneurs. Given the historical role of race in policing in the United States, we expect that the degree of the policing of the Black population in a state will be negatively associated with the financial performance of Black entrepreneurs in the state. The sample for this study is drawn from quarterly police stop data across 14 states from the Stanford Open Policing Project, which is matched with state-level data from the Merchant Maverick ranking of best states for Black entrepreneurs. The sample size is 164 observations over 2013–2015 pertaining to police search rates of Blacks. Findings from the moderated, multivariate regression analysis reveals that the adverse effect of the policing of Black Americans on Black entrepreneurs’ financial performance can be relieved by state-level religiosity and the legalization of marijuana (or cannabis; a mind-altering drug produced from the hemp plant). This research demonstrates the important role of religious and legal institutional mechanisms in countering the economically destructive effects of policing on Black entrepreneurship in the United States. Full article

This study explores the influence of team communication (TC) and shared mental models (SMMs) on entrepreneurial team efficacy (ETE) within the context of Chinese higher education, introducing a dual-path model to reconcile the discrepancy between policy expectations and practical outcomes in entrepreneurship education. Utilizing partial least squares structural equation modeling (PLS-SEM) on data from 475 university-based questionnaires from March to May in 2024 in China, the research reveals that structured internal communication significantly enhances the alignment of learning goals, teammate cognition, and activity synchronization, thereby fostering SMMs as a pivotal psychological infrastructure. The findings indicate that shared learning goals and cognitive convergence are primary drivers of task performance, whereas coordinated activity states are more influential in strengthening relational cohesion. The study challenges the conventional “communication frequency–efficacy paradox” by demonstrating distinct pathways through which internal and external communication mechanisms differentiated impact task and relational outcomes. Additionally, demographic analyses highlight that team maturity and age diversity positively correlate with task efficacy, while gender and disciplinary heterogeneity show no significant association. Theoretically, this research advances the understanding of team collaboration dynamics and contextualizes Western entrepreneurship theories within China’s collectivist framework. Practically, it provides robust, evidence-based strategies for refining communication protocols and enhancing both collaborative efficiency and innovation in entrepreneurial education settings. Full article

Sustainable rural development seeks to balance social, economic, and environmental needs in rural areas, improving the quality of life of communities and the long-term protection of natural resources. Indigenous local solutions give place to grassroots entrepreneurial initiatives, which together with associative and economic integration are key factors for agricultural production, transformation of products, self-consumption, and commercialization. This study was done in Hñähñu communities with the aim to test if participative workshops based on detonating questions are an effective approach for developing entrepreneurship agriculture initiatives of self-managed social enterprises. The initiatives were proposed by the communities to solve local problems. Three initiatives arose: (1) a community seed bank of local species associated with the Milpa including agave; (2) reforestation with agave to produce agave shoots, leaves, and sap; and (3) a company to produce agave-sap syrup. The participants, based on their traditional knowledge, developed the projects, including economic evaluation, risk analysis, and environmental aspects. Some impacts are the conservation of soil and endangered landraces, accessibility to quality seeds not commercially available, building of local organizational and entrepreneurial capacities, strengthening the community, improving the family’s income, recovery of traditional agroecological techniques, and conservation of agrobiodiversity. In conclusion, the methodology is effective for the Indigenous communities to develop initiatives for sustainable self-managed social enterprises. Full article

This research examines the link between business models and entrepreneurial capabilities among social assistance program participants who are aging adults in an emerging economic environment. The research targets the insufficient use of entrepreneurial abilities in seniors to advance their active aging potential while enhancing their life quality. This study collected data from selected participants by using Osterwalder and Pigneur’s business model framework as a basis for their structured questionnaire, which followed a quantitative–qualitative method. Researchers applied Spearman’s Rho statistical methods to measure relations between business elements and skills in self-confidence, creativity, initiative, perseverance, and teamwork demonstrated by entrepreneurs. The study results clearly showed that properly executed business models create substantial growth in entrepreneurial abilities among people of advanced age. This study contributes novel empirical evidence from a rural Peruvian context, confirming that structured business model training is positively associated with entrepreneurial outcomes among elderly populations. The findings (r = 0.755, p < 0.001) support the urgency of integrating capability-building into social assistance schemes. These results emphasize how targeted training programs should empower this population since this initiative supports Sustainable Development Goals like “Decent Work and Economic Growth” (SDG 8) and “Reduced Inequalities” (SDG 10). The analysis demonstrates that teaching entrepreneurial abilities to mature individuals leads to better social entrepreneurship sustainability together with superior economic involvement and social connections. Full article

In today’s evolving society, meaningful development cannot be fully realized without acknowledging the vital role of the electronics sector, especially as it functions within informal markets. These markets have become more than just centers of commerce; they serve as informal learning grounds where many young people acquire entrepreneurial skills, develop resilience, and find alternatives to social vices. For many, informal entrepreneurship is not just an option but a means of survival and self-empowerment. Despite their growing relevance, the link between the entrepreneurial abilities nurtured in these informal markets and actual business performance has not been adequately examined. This study, therefore, aimed to explore how informal electronics entrepreneurs in a developing economy navigate their environment, overcome challenges, and create wealth through vision, innovation, and calculated risk-taking. Anchored in institutional theory, the research employed a qualitative approach, using cluster, purposive, and simple random sampling to select participants from key informal business units. Interviews were conducted, transcribed, and analyzed using QSR NVivo 12, allowing for deep insight into the lived experiences of the entrepreneurs. Findings revealed that 78% of participants emphasized practical suggestions that aid informal business survival, such as customer-driven innovations, adaptive strategies, and avoiding confrontations with regulatory agencies. Key attributes such as foresight, adaptability, and risk management accounted for 66% of the variance in corporate success. Strategic and innovative approaches are enabling informal firms to endure and prosper, since 61% of respondents associated these competencies with organizational success. The new BSP framework, which integrates institutional and contingency theories, illustrates how informal enterprises endure by conforming to or opposing institutional pressures and adjusting to environmental changes. The results indicate that, when properly understood and supported, the informal electronics sector may develop sustainably. This study demonstrates that informal entrepreneurship is influenced by formal regulations, informal norms, and local enforcement mechanisms, therefore enhancing institutional theory and elucidating business behavior in developing nations. The Business Survival Paradigm [BSP] illustrates how informal enterprises navigate institutional obstacles to endure. It advocates for policies that integrate the official and informal sectors while fostering sustainable development. The paper advocates for ongoing market research to assist informal firms in remaining up-to-date. It implores authorities to acknowledge the innovative potential of the informal sector and to provide supportive frameworks for sustainable growth and formal transition where feasible. Full article

Market-oriented agriculture functions as a critical mechanism by which rural farmers can alleviate poverty and enhance food security, and it is actively promoted in Côte d’Ivoire. However, household food security varies across commercialized farmers depending on context and region. This paper examines variations in food security between different market-oriented vegetable-farming households in rural northern Côte d’Ivoire. Using cross-sectional data from 200 vegetable farmers, this study employs an endogenous switching regression model to address potential selectivity bias. The results show that market-oriented farming is positively associated with higher food-consumption scores, greater dietary diversity, and increased caloric intake. Moreover, nonparticipants or semi-subsistence farmers are expected to achieve better food-security outcomes under market-oriented conditions. Key factors influencing the adoption of market-oriented farming include market proximity, access to extension services, and education level. This paper advocates for policies tailored to specific environments, such as rural smallholder farming communities, that support local markets and encourage entrepreneurship, especially among women and youth, and ensure the accessibility of improved inputs, thereby supporting market-oriented agriculture and enhancing food security. Full article

Entrepreneurship has long been a key driver of economic development across various countries. Investigating the determinants of entrepreneurial behaviour is essential for making a meaningful contribution to sustainable development. This study investigated the determinants of entrepreneurial behaviour among university of technology and TVET college students in South Africa, utilising the modified theory of planned behaviour. Specifically, the study explored how risk-taking propensity, financial and non-financial support, media, and gender influence perceived behavioural control, entrepreneurial intention, and behaviour. Additionally, the study tested the direct effects of perceived behavioural control on both entrepreneurial intention and entrepreneurial behaviour, as well as the direct effect of entrepreneurial intention on entrepreneurial behaviour. An online, structured, self-administered questionnaire was utilised to gather data from 496 finalyear diploma students at a university of technology and a TVET college, using a convenience sampling technique. Partial least squares structural equation modelling (PLS-SEM) was applied to analyse the data and test the postulated hypotheses. The findings revealed that non-financial support positively affected entrepreneurial intention, perceived behavioural control, and entrepreneurial behaviour, while financial support did not. Risk-taking propensity significantly influenced perceived behavioural control, entrepreneurial intention, and entrepreneurial behaviour. The results revealed that the gender was negatively related to perceived behavioural control, and female students exhibited lower perceived behavioural control than their male counterparts. However, gender showed no significant association with entrepreneurial intention or entrepreneurial behaviour. Media had a positive influence on both entrepreneurial intention and perceived behavioural control but did not significantly affect entrepreneurial behaviour. Additionally, both entrepreneurial intention and entrepreneurial behaviour were positively influenced by perceived behavioural control, while entrepreneurial intention also was positively associated with entrepreneurial behaviour. These findings underscore the critical role of fostering a supportive entrepreneurial environment in shaping entrepreneurial behaviour. This study provides valuable insights for policymakers and educators to cultivate an environment that supports students in developing as entrepreneurs. The results can inform policymakers in implementing support interventions aimed at enhancing entrepreneurial capacity among the youth. Promoting entrepreneurship is vital in achieving sustainable development goals through job creation and poverty alleviation. Full article

This study examines the association between self-employment, otherwise known as entrepreneurship, and student loan debt. Based on data from the 2021 National Financial Capability Study, which were analyzed using a multinomial probit model, our results suggest that households that used student loans to finance the education of one household member are more likely to report that the other member of the household pursued self-employment, with everything else remaining equal. This association between student loans and household self-employment is both economically and statistically significant. Our results highlight the importance of alternative forms of financing for entrepreneurship and expand upon existing knowledge about the unintended effects of student loans. Policymakers should consider these results when analyzing the various intended and unintended benefits of policies affecting the availability of student loans. Full article

This article addresses a gap in the literature regarding corporate management in Eastern Europe during over three decades of reforms. This research reveals the influence of corporate management in Industry 4.0 on economic growth and social entrepreneurship in Eastern European countries. A combination of the regression analysis method and the least squares method is used to determine the influence of microeconomic factors connected with corporate management on economic growth in Industry 4.0 and to perform Pareto optimization of these microeconomic factors for the simultaneous achievement of economic growth and development of social entrepreneurship in these countries. The paper includes indicators of corporate management practices and identifies governance factors that influence economic growth in Eastern Europe while also contributing to social entrepreneurship. It explores the unique aspects of Industry 4.0 corporate management and emphasizes that optimizing corporate governance is a crucial response to managing regional economic crises. The article demonstrates that more than thirty years of economic transformation in Eastern Europe have produced positive results, challenging current scholarly perspectives that downplay the role of corporate governance. Improving corporate management by increasing the business disclosure index and reducing the number of companies facing losses due to theft and vandalism can enhance the effectiveness of Industry 4.0 technologies in social entrepreneurship. This approach can also provide a significant anti-crisis impact on the economies of Eastern European countries. Full article

Entrepreneurship education is crucial in fostering and supporting entrepreneurial intentions among young people. However, many factors, such as immigrant background, are associated with whether youth aspire to an entrepreneurial career. The aim of this study was to examine whether immigrant-origin youth in Finland were more likely than natives to aspire to an entrepreneurial career, and to what extent their sense of belonging, acculturation attitudes, and self-esteem explained these aspirations (N = 2838, Mage = 15.6). Regression (OLS and L2-regularized) and moderation analyses stratified by immigrant status and gender revealed that the immigrant-origin youth were more likely to aspire to an entrepreneurial career than their native counterparts, even after adjusting for gender. Among the male immigrant-origin youth, self-esteem, a sense of belonging, and acculturation attitudes explained 25% of the variation in their entrepreneurial intentions. However, the associations of these factors with entrepreneurial intentions among the native youth were weaker, and they were not related to entrepreneurial intentions among the female immigrant-origin youth at all. Acculturation attitudes were associated with EIs among the native females, but not the males. Full article

The continued rise in SMEs’ corruption-related activities results in uncertainty around their ability to sustainably contribute to economic growth, leaving SMEs financially fragile and exposed to problems associated with trade credit management resulting in business exits. Given that little research has been conducted on how corruption affects smaller businesses while corruption’s impact on SMEs’ trade credit management effectiveness remains largely unexamined, the study aims to determine the impact of corruption on SMEs’ trade credit management effectiveness. By addressing this unanswered research gap, SMEs could be better equipped to understand how corruption affects their trade credit management in support of their overall finances. The study employed a quantitative research design with purposive sampling using a survey by administrating 10450 online questionnaires tested by a sample of 450 SMEs across South Africa. The result aligns with expectations around corruption being detrimental to SMEs’ trade credit management effectiveness while also indicating, unexpectedly, SMEs’ willingness to partake in corruption, given that SMEs benefit from increased effectiveness in managing trade credit. The study adds to the existing literature on corruption and SMEs’ trade credit management while also providing anti-corruption recommendations to SMEs that are dependent on trade credit. In so doing, SMEs could be better equipped to understand how corruption affects their trade credit management to support their overall finances contributing to improved SME creation rates and fostering entrepreneurship as a pivotal mechanism for improving South Africa’s sustainable development goals. Full article

In this paper, we use survey data from the South Caucasus countries (Armenia, Azerbaijan, and Georgia) to document the presence of gender gaps in the labor market and examine its consequences. To do the analysis, we use a numerical general-equilibrium occupational choice model with heterogeneous agents in entrepreneurial ability. We then introduce the observed gender gaps in labor-force participants, employers, and self-employed. We find that entrepreneurship gender gaps cause an average GDP loss of 6.2%, while gender gaps in labor-force participation cause an average GDP loss of 9%. Armenia (2007) displays the largest total loss and Georgia (2007, 2014) the smallest ones. We also decompose the gender gaps and their associated costs by households with different education levels and with and without dependents at home. Our results indicate that most of the income losses are driven by households with high education and those with dependents, especially those with both children and elderly at home. Full article

Since proclaiming independence in 1960, Senegal has faced economic and demographic imbalances across its regions. To address these disparities, the government launched decentralization policies in three major phases, aiming to stimulate socio-economic growth at the local level. This study examines the impact of these policies on urban–rural development using socio-economic data between 2000 and 2020, and a multiple linear regression model in the entirety of Senegal. The findings reveal significant correlations between rural population growth, access to electricity, fertilizer availability, and per capita cultivated land, all positively associated with agricultural productivity. Additionally, rapid urbanization (47.3%) and weak land tenure (88.6%) adversely affect ecological systems and contribute to the proliferation of slums. A notable lack of health facilities per capita highlights a severe gap in healthcare accessibility. The study suggests increasing agricultural income, creating jobs, and promoting policies that support rural collective entrepreneurship as critical steps. It also recommends adopting a “one ecological zone, one economic activity” strategy to reduce economic disparities and encourage sustainable development in rural Senegal. Full article

This paper examines how R&D human capital can mitigate the negative effects of financing constraints on firm innovation, using survey data from 4000 South Korean manufacturing firms. The results confirm that financing constraints are generally associated with lower levels of product innovation. However, firms with stronger R&D human capital—measured by higher education levels and a larger proportion of R&D employees—are better able to overcome these financial barriers. Moreover, the positive moderating effect of R&D human capital is significantly enhanced in firms with an entrepreneurial culture, which supports risk-taking and innovation. These findings underscore the importance of investing in intangible assets, such as human capital and fostering a culture of entrepreneurship to sustain innovation during periods of financial distress. Policymakers should consider expanding financial support for R&D activities, particularly for small and medium-sized enterprises (SMEs) that face higher costs of capital. This study contributes to the literature by using direct measures of financial constraints and highlighting the role of human capital in innovation, especially in financially constrained environments. Full article

This research leverages insights from both social cognitive theory (SCT) and stimulus-organism-response theory (S-O-R) to investigate how digital entrepreneurship education (DEE) influences undergraduate students’ digital entrepreneurial alertness (DEA), motivation (DEM), and intentions (DEI). The main objective of the study was to examine whether individual levels of DEA and DEM independently and sequentially mediate the relationship between DEE and DEI. To collect the data, convenience sampling was utilized, involving 221 students from a single public university in Saudi Arabia, and a theoretical model was examined utilizing structural equation modelling (SEM) techniques in SPSS AMOS (Version 27). The results found that DEE had a significant positive impact on students’ DEIs, DEA had a significant positive impact on students’ DEI, and DEM had a significant positive impact on students’ DEI. Moreover, the results of the serial mediation analysis indicated that DEA and DEM served as independent and sequential mediators in the relationship between DEE and DEI. These findings provide further insight into the association between DEE and DEI, offering valuable implications for both entrepreneurship education curriculum developers and government policymakers. This study adds substantial contributions to the existing literature on entrepreneurship education and DEI. Full article