Search Results (22)

This study aims to analyze how women’s empowerment in sustainable entrepreneurial leadership transforms social, environmental, and economic challenges into growth opportunities within B Corps-certified companies in Latin America. A total of 9536 companies were identified in the global B Corps registry, of which more than 1000 belonged to the Latin America and Caribbean directory. Particular attention was given to 130 companies located in Chile, with a presence in countries such as Peru, Mexico, Colombia, Brazil, Uruguay, Paraguay, and Argentina. The methodology adopted a post-positivist approach with a hermeneutic analysis rooted in organizational studies, using the Straussian grounded theory method. Testimonies from 16 female entrepreneurs were explored, identified through the B Corps directory and the main social media networks of the B system in Latin America. This approach enabled a deeper understanding of the human complexity surrounding sustainability, equity, and gender equality. Findings show that female leadership promotes inclusive and strategic actions that challenge traditional structures and generate positive impacts. Five categories emerged: female entrepreneurial leadership; gender equality stakeholders; social contribution; women’s economic development; and sustainable decision-making. These converge in the central category of female empowerment in sustainable entrepreneurial leadership. In conclusion, the emerging theory expands the understanding of women-led leadership in Latin America, revealing socially responsible business models that promote sustainability, inclusion, and challenge dominant power structures in the business world. Full article

This paper investigates points of vulnerability in the decisions made by backers and campaigners in crowdfund pledges in an attempt to facilitate a sustainable entrepreneurial ecosystem by increasing the rate of good projects being funded. In doing so, this research examines factors that contribute to the success or failure of crowdfunding campaign pledges using eXplainable AI methods (SHapley Additive exPlanations and Counterfactual Explanations). A dataset of completed Kickstarter campaigns was used to train two binary classifiers. The first model used textual features from the campaigns’ descriptions, and the second used categorical, numerical, and textual features. Findings identify textual terms, such as “stretch goals”, that convey both elements of risk and ambitiousness to be strongly correlated with success, contrary to transparent communications of risks that bring forward worries that would have otherwise remained dormant for backers. Short sentence length, in conjunction with high term complexity, is also associated with campaign success. We link the latter to signaling theory and the campaigners’ projection of knowledgeability of the domain. Certain numerical data, such as the project’s duration, frequency of post updates, and use of images, confirm previous links to campaign success. We enhance implications through the use of Counterfactual Explanations and generate actionable recommendations on how failed projects could become successful while proposing new policies, in the form of nudges, that shield backers from points of vulnerability. Full article

Entrepreneurship has long been recognized as a key driver of economic development, traditionally centered on business creation and the strategic actions of individuals aiming to realize their entrepreneurial visions. Central to this process has been the business plan, often viewed as a critical blueprint that outlines the vision, strategies, and operations of new ventures. However, recent studies and observations have raised concerns regarding the continued relevance of business plans, suggesting a shift in entrepreneurial behavior. In response, this study adopts a novel approach by using artificial intelligence (AI) to explore entrepreneurial practices more rigorously. Written feedback from 150 entrepreneurs was analyzed using natural language processing (NLP) techniques, allowing us to move beyond subjective assessments and anecdotal evidence. Our study utilized a structured twenty-question survey to capture the experiences and insights of entrepreneurs. By applying AI, we were able to process large amounts of textual data, uncover nuanced patterns, and identify correlations that might otherwise go unnoticed. The proposed approach enabled a comprehensive analysis of entrepreneurial decision making and provided a robust framework for future research. The findings from this work offer valuable insights into the evolving landscape of entrepreneurship, with significant implications for education, policy, and practice in today’s dynamic business environment. Full article

Cultural and Creative Industries (CCIs) are widely acknowledged in academic and policy discourse as fundamental resources for local development. Nevertheless, a deeper understanding of the analysis of CCI function patterns and full potential exploitation in peripheral areas is needed in the literature on regional and local economic development. Peripheral destinations are often characterized by specific obstacles such as geographical remoteness from dominant economic centers, poor infrastructure and amenities, limited capacity for decision-making, etc. However, they can also have characteristics that can support the sustainability and development of a place, such as rich cultural heritage, traditional cultural industries, uniqueness and authenticity, and cultural identity and social cohesion. This paper provides an overview of the main characteristics of the CCIs in peripheral areas and explores synergy patterns, a significant procedure for sustainability, exchange of knowledge and practices, development of actions, promotion of innovation and local development. More specifically, the study incorporates formal networking through entrepreneurial practices and informal networking through social capital into the network theory of the cultural sector in peripheral areas of Greece. In order to identify the key traits and factors that contribute to synergies in the cultural sector, a two-stage research design has been employed. A qualitative approach based on structured interviews and relative importance index analysis to provide an assessment framework has been used. Results indicate that CCI synergy in peripheral areas depends primarily on social capital, which is extremely important in local policies rather than just entrepreneurial practices. Full article

This study analyzed the relationship between environmental and cognitive factors and the entrepreneurial intentions of business students from the perspective of the Planned Behavior Theory. Data were collected in the classroom through a questionnaire that was distributed to 229 freshmen in the first year of the Accounting, Economics and Administration course, and the analysis was carried out using the Partial Least Squares - Structural Equation Model (PLS-SEM). It was found that education and conducive business environments are predictive of cognitive factors, such as a favorable evaluation of an entrepreneurial career choice and social pressures, with indirect effects on intentions to undertake entrepreneurship (EI). In addition, entrepreneurial intentions are influenced by cognitive factors, such as a positive evaluation of an entrepreneurial career and perceived entrepreneurial ability. This demonstrates that environmental factors potentiate cognitive factors and, indirectly, the intention to undertake entrepreneurship (EI). It was identified that public policies do not influence the perceived entrepreneurial capacity and that social pressures are not predictive of the surveyed students’ intentions to undertake entrepreneurship. These data require the attention of universities and governments to create environments that are conducive to entrepreneurship and students’ decisions to engage with sustainable projects and business models. It is concluded that environmental factors are predictive of cognitive aspects with positive and significant effects on the entrepreneurial career intentions of university students. An entrepreneurial attitude and the ability to transform ideas into actions create space for the promotion of a student micro-entrepreneur and the cultivation of a sustainable entrepreneurial culture in higher education. Full article

The concept of policy entrepreneurs has gained increasing attention in studies of policy change, including climate policy and governance. It foregrounds the role of agency in understanding policy change. However, agency of policy entrepreneurs in the policy process is political and conceals the power that shapes how public problems and policies are framed and defined. Thus, policy entrepreneurs should be confronted with the challenge of generating legitimacy, accountability, and justice in their actions and the implementation of their targeted policy change. Drawing on political–philosophical theories of liberal and deliberative democracy as well as environmental and ecological democracy this paper outlines a conceptual framework for critical analytical as well as normative research on strategies and impacts of policy entrepreneurs on democratic governance, primarily in climate policy but also more generally. Empirical research on the strategies and impacts of policy entrepreneurs in recent policymaking on climate change mitigation in the EU and Sweden identifies several deficits related to the democratic principles of legitimacy, accountability, and justice. It is found that policy entrepreneurs from different social spheres use cultural–institutional entrepreneurship to influence beliefs and perceptions on problems and policies. In addition, it is found that public sector policy entrepreneurs use structural entrepreneurship on ideological grounds to change existing power relations in climate governance. In all, the paper brings ideology and politics into research on policy entrepreneurs. It is suggested that not only the strategies used, but also the ideologies of the actors that use them, are decisive for the impacts of policy entrepreneurs, and thus, whether their advocacy will adhere to democratic norms and facilitate or hamper a just transition to climate neutrality and sustainability. The paper ends with proposals on how policy entrepreneurs can act more democratically, how to deal with populist policy entrepreneurs wanting to erode democracy, and conditions for climate justice movements to take responsibility and act in a more entrepreneurial way. Full article

Green entrepreneurial orientation (GEO) is defined as organizations’ entrepreneurial efforts to integrate ecologically sustainable practices and values to undertake sustainable decisions and actions to improve their environmental performance. Though recent research has shown how important GEO is for attaining sustainability in a company setting, there is a limited understanding on the factors that determine GEO and how and when it affects a firm’s performance. Additionally, it draws attention to unexplored areas of the mediating and moderating factors that affect the connections between GEO and its outcomes. This study aims to conduct a systematic literature review (SLR) of the GEO to synthesize empirical findings about how it is investigated in the literature during the period 2014–2024. The PRISMA method is used in this study to evaluate relevant GEO research, and SLR matrix utilized for analyzing the GEO literature in peer-reviewed English publications. A comprehensive evaluation of theoretical, methodological, and empirical issues pertaining to conceptual approaches, antecedents, dynamics, and results of GEO was conducted on 59 studies. This study contributes several findings to the entrepreneurship literature. These research findings give implications for both theory and practice. Within a theoretical framework, this study provides a comprehensive viewpoint on GEO research and creates novel insights for further research, enhancing the extant theories in the GEO literature. In practice, this study facilitates the perceptions of eco-conscious entrepreneurs, managers and experts, and other stakeholders of the organizations regarding developing an appropriate GEO by understanding the antecedents and outcomes of it for successful organizations and the ways to use and improve them probably. Full article

The SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company’s competitive position and to develop strategic planning. In the competitive dental sector, it can aid dentists in identifying and analyzing internal strengths and weaknesses, as well as external opportunities and threats. This study focuses on senior dental students of the Department of Dentistry at the National and Kapodistrian University of Athens, Greece, aiming to scrutinize their use of SWOT analysis and assess its application as a tool for evaluating entrepreneurial goals and making career decisions in dental entrepreneurship. The research sample comprises 116 senior dental students (N1) in the final undergraduate year of their dental education, with data collection accomplished through the administration of an e-questionnaire during the obligatory course of “Organization and management of dental practices” in December 2023. The data extracted from the SWOT analysis encompass internal and external factors, gender distinctions, and outcomes derived from Stepwise Binary Logistic Regression concerning predictor markers. The results from the SWOT analysis of 114 valid questionnaires (N2), revealed that participants identified communication skills (50%) and organization skills (49.10%) as their primary strengths, followed by favorable personal traits contributing to goal success (36%). Weaknesses predominantly centered around emotional and personal traits like anxiety (41.20%) and other characteristics, alongside practical challenges such as lack of initial capital (24.60%). Main opportunities included collaboration with experienced dentists (33.30%) and access to training programs (27.20%), while economic instability in Greece (77.20%) and the saturated dentist profession (26.30%) were perceived as significant threats. Gender differences were notable, with female dentists more likely to report organization skills as a strength and anxiety as a weakness. Values such as industriousness, persistence, and ethics were commonly shared, with actions focusing on training programs (57.9%) and gaining experience with experienced dentists (29.8%). Cluster analysis identified two subgroups, with one emphasizing utilizing all available options (n = 49) and the other prioritizing on gaining professional skills and experience (n = 65). Logistic regression indicated that participants valuing industriousness were less likely to explore all available options, while those recognizing personal traits were more likely to do so. The study’s outcomes highlight key predictor factors linked to a proactive orientation in career decision-making among senior dental students. These insights offer valuable implications for educational institutions and career counselors. Full article

In this paper, the attitudes of veterinary students concerning the “factors driving their entrepreneurial intentions” and the “effects of family and wider environment on starting a business” were analyzed using Two-Step Cluster Analysis. A survey was conducted on 105 veterinary students who were asked to indicate their “agreement” on certain individual issues. The analysis of the data collected resulted in two students’ profiles with respect to the factors driving their entrepreneurial intentions (“The cautious students” and “The reluctant students”), and in three students’ profiles with respect to the influence of family and the wider environment on starting a business (“The conscious students”, “The cautious and conservative students” and “The well informed and decisive students”). The study’s findings could contribute to reinforcing the actions of educational institutions towards targeted training of students on entrepreneurship/market issues. Full article

The purpose of this research is to analyze how personality traits and psychological profiles influence the detection of entrepreneurial opportunities by, and the intentions of, university-going women in the northwest region of Mexico. It also examines how business opportunities are decisive when it comes to awakening entrepreneurial intention. The moderating and mediating effects of the detection of business opportunities and the psychological profile are also examined with respect to the direct relationship between personal traits and entrepreneurial intentions. For this study, information was collected from 1197 students attending the Autonomous University of Baja California and the Technological Institute of Sonora through a digital survey (Google Forms) distributed via email during the second half of 2022. The PLS-SEM statistical technique was used to test the hypotheses of the proposed theoretical model. The results revealed that personality traits have positive and significant effects on the psychological profile and on business opportunities. However, it was clearly observed that one’s personal traits and psychological profile have little or no influence on entrepreneurial intentions. We also found that the psychological profile is the construct that most influences business opportunities. In addition, it was also highlighted that business opportunities contribute to awakening the entrepreneurial intentions of university-going women. On the other hand, it was revealed that business opportunities have a negative moderating effect on the relationship between the psychological profile and entrepreneurial intentions. Likewise, this study has shown that the detection of business opportunities and the psychological profile have indirect effects on the relationship between the personal traits and the entrepreneurial intentions of university-going women. This research contributes to the development and strengthening of trait theory, the theory of reasoned action, and the theory of planned behavior. Full article

Entrepreneurship is now suggested as a competence not only for starting new businesses but for employability and well-being as well. Envisaged as a career option, entrepreneurship is now a new concern in the field of career counseling psychology. Traditionally, entrepreneurship is about starting new businesses or being self-employed, but nowadays, it is also considered a competence for employability and well-being. Systematically nurtured in educational settings for more than two decades, the entrepreneurial intention of students has become a specific construct for educators to assess the impact of entrepreneurial courses. The present article seeks to critically review the psychological constructs, models, and approaches that have been used in educational settings to explain the formation of entrepreneurial intention. The majority of relevant studies has been found to be quantitative, reproducing in a positivist manner the construct of self-efficacy and the theory of reasoned action. Some constructs and approaches that have been extensively used in the career counseling discipline seem to be under-researched in the entrepreneurship education field. In this line of research, the potential contribution of sources on self-efficacy and dysfunctional career beliefs or motives should be examined. Additionally, theoretical paradigms like constructionist-narrative-based career counseling or positive psychology and other newer theories (e.g., happenstance learning theory) might be useful in investigating several influences on career decision making for entrepreneurship. Based on the current findings from the literature, a research agenda is proposed for future research in the field in order to achieve better connections between entrepreneurship and career theories and to shed light on the complex process of students’ entrepreneurial career decisions. Full article

A relatively new planning tool in Italy is the Local Forest Plan, which stands at a broader level in the land planning scale compared to the Forest Management Plan but at a finer scale considering a Regional or even National Forest Plan. This intermediate scale was considered the most appropriate for working out a planning process based on a multi-criteria assessment of forest functions. The proper functioning of forest ecosystems can provide services conceived as benefits people can obtain through ecological processes that sustain and satisfy essential needs of human life. Four particular forest functions providing services were identified: protective, productive, naturalistic and touristic, respectively. A set of functional criteria, as well as attributes within criteria, were recognized to perform an “Analytic Hierarchy Process” (AHP). A specific application of this methodological approach was selected as a case study. This multi-criteria decision-making process involved the participation of five selected experts in a preliminary phase, followed by the participation of thirty representative stakeholders who contributed to the forest planning process and the subsequent selection of actions to be taken. Data related to forest types and management, physical and morphological features of the forested terrain and infrastructure such as forest roads, touristic trails and hiking pathways, together with natural protected areas or wildlife preservation areas, were explicitly located in space by using a “geographical information service” (GIS) software. The combined application of AHP and GIS can be considered as a significant methodological innovation presented in the case study, together with the implementation of a participative process aimed at the management of forest resources and the creation of possible new professional and entrepreneurial forest activities for the benefit of the entire residential community. Full article

Due to the significant quantities of waste generated by the Sri Lankan rice industry, circular bioeconomy methodologies were applied to examine value-adding entrepreneurial activities for rice industry by-products (RIB). The study was conceived after scouring the existing literature on agricultural waste management and interviewing experts in the field and the rice industry. In the first phase, the suitability of valorizing alternatives for RIB was considered via a multi-criteria decision-making method. Valorization options, such as biochar production, energy purposes, composting, and other activities, were evaluated using an analytical hierarchy process (AHP) based on four criteria, namely environmental, social, technical, and economic issues. The results indicated that the highest priority should be given to environmental, social, and economic considerations, with local priority vectors of 0.5887, 0.2552, and 0.0955, respectively. It was found that biochar production is the optimal valorization strategy for managing RIB in Sri Lanka. From these findings, the development of a sustainable business model for making biochar out of RIB was done based on commercial motivations and value addition in biochar manufacturing processes. The Business Model Canvas elements played a vital role in categorizing and interpreting the case study data. Though the RIB seems undervalued at present, it was found that as a direct result of environmental concerns, several stakeholders have developed RIB valorization with an emphasis on bioenergy generation and biochar production. Adequate subsidies (technology and knowledge), standard regulations, more collective actions for creating economies of scale, and marketing strategies (consumer awareness) are all necessary for the successful implementation of sustainable circular business models. Full article

Family firms face many uncertainties in a dynamic entrepreneurial context. Previous studies have shown strategic entrepreneurship can help firms effectively cope with uncertainties. There are few studies on how family-firm entrepreneurs make strategic decisions and engage in strategic entrepreneurial behavior. This may prevent managers lacking the necessary action guidelines from effectively implementing entrepreneurial behavior. we aim to explore the micro-behavioral mechanisms of strategic entrepreneurship in family firms. A longitudinal single case study based on grounded theory was conducted to explore these issues. Results show that (i) the entrepreneur’s identity will constantly evolve to adapt to the entrepreneurial context during the life cycle of the corporation; (ii) entrepreneurs influence strategic entrepreneurial activities through the dynamic evolution and interaction of their identities; (iii) different entrepreneurial emotional states affect the strategic entrepreneurial behavior mechanisms. As a result, dynamic interactions between entrepreneurial identities have a significant impact on emotional states such as entrepreneurial well-being, which may significantly affect the implementation pattern of strategic entrepreneurial behaviors and the sustainable development of the firm. This paper provides a novel theoretical perspective on the path and behavioral choices of strategic entrepreneurship in firms, and also provides action guidelines and theoretical references for family business managers to implement strategic entrepreneurial behavior. Full article

Over the past decade, the proliferation of entrepreneurial ventures and small firms with sustainable business models have pushed the sustainability agenda in the fashion industry. Despite prominent success stories, these companies often encounter significant operative challenges that hinder growth or even cause business failure. This paper adopts a qualitative research design and uses data gathered during 18 expert interviews with entrepreneurs and executive managers of 18 firms from 13 countries to identify and explore the dominant challenges that micro- and small-sized sustainable fashion companies struggle with. The results indicate that communicating with consumers is perceived as surprisingly difficult, especially because sustainable brands need to justify higher prices and explain the added benefits of their products. Second, resource constraints lead to operative friction and overburdening of the decision makers and their small management teams. Third, sustainable sourcing and production processes are economically difficult in an industry that continues to occupy a mass and low-cost logic. Against the background of these insights, a range of managerial recommendations are developed and contextualized in the framework of the Business Model Canvas. This novel approach makes the suggestions which are rooted in the resource-based view actionable and supports sustainable businesses to better manage their operations and achieve growth. For example, collaborative approaches with different stakeholders may mitigate constraints across all three identified problem areas. Full article