Sign in to use this feature.

Years

Between: -

Subjects

remove_circle_outline
remove_circle_outline
remove_circle_outline
remove_circle_outline
remove_circle_outline
remove_circle_outline
remove_circle_outline

Journals

Article Types

Countries / Regions

Search Results (16)

Search Parameters:
Keywords = entrepreneurial fear

Order results
Result details
Results per page
Select all
Export citation of selected articles as:
27 pages, 876 KiB  
Article
The Interaction Between Self-Efficacy, Fear of Failure, and Entrepreneurial Passion: Evidence from Business Students in Emerging Economies
by Elizabeth Emperatriz García-Salirrosas, Dany Yudet Millones-Liza, Rafael Fernando Rondon-Eusebio, Jorge Alberto Esponda-Pérez, Eulalia Elizabeth Salas-Tenesaca, Reinaldo Armas-Herrera and María Fernanda Zumba-Zúñiga
Behav. Sci. 2025, 15(7), 951; https://doi.org/10.3390/bs15070951 - 14 Jul 2025
Viewed by 309
Abstract
This study examines the relationship between fear of failure, entrepreneurial passion, and entrepreneurial self-efficacy among university business students from four emerging Latin American economies: Mexico, Colombia, Peru, and Ecuador. This research addresses the need to understand the psychological factors that influence entrepreneurship, particularly [...] Read more.
This study examines the relationship between fear of failure, entrepreneurial passion, and entrepreneurial self-efficacy among university business students from four emerging Latin American economies: Mexico, Colombia, Peru, and Ecuador. This research addresses the need to understand the psychological factors that influence entrepreneurship, particularly in developing economies. Using non-probability convenience sampling, surveys were distributed between June 2021 and August 2022, and 961 valid responses were obtained. Scales from renowned researchers were used, which were translated and semantically validated in Spanish to measure the three variables. The data were analyzed using structural equation modeling with PLS. The overall results reveal that fear of failure negatively affects entrepreneurial passion, while entrepreneurial passion has a positive and significant relationship with entrepreneurial self-efficacy. Furthermore, entrepreneurial passion has a positive and significant relationship with fear of failure and entrepreneurial self-efficacy, with substantial differences between countries. Gender differences were also identified: in women, all relationships in the model were significant, while in men, the direct effect of fear of failure on entrepreneurial self-efficacy did not reach statistical significance. These findings contribute to the entrepreneurship literature by demonstrating that the relationship between these psychological variables varies by context (country) and gender, contradicting the notion of a universal effect. Full article
(This article belongs to the Special Issue Resilience in Adversities)
Show Figures

Figure 1

21 pages, 579 KiB  
Article
Entrepreneurial Education and Innovation Intentions Among University Students: A Structural Assessment of Opportunity Recognition, Psychological Capital, and Fear of Failure
by Suha Tahan
Adm. Sci. 2025, 15(7), 261; https://doi.org/10.3390/admsci15070261 - 7 Jul 2025
Viewed by 503
Abstract
In academia, innovation intentions among students are a highly sought-after outcome due to their overarching positive impacts on performance and well-being, especially in the higher education context. This research addresses entrepreneurial education and its influence on innovation intentions across several universities in Beirut, [...] Read more.
In academia, innovation intentions among students are a highly sought-after outcome due to their overarching positive impacts on performance and well-being, especially in the higher education context. This research addresses entrepreneurial education and its influence on innovation intentions across several universities in Beirut, Lebanon. The research also examines the indirect effects of opportunity recognition and psychological capital as mediators and fear of failure as a moderator. Through the lens of the theory of planned behavior, the stimulus-organism-response model, and the entrepreneurial event model, a survey was designed. A total of 263 samples were collected from the students of three universities in Beirut where the academic setting was English, and international students were present. Using Partial Least Squares—Structural Equation Modeling, the data was analyzed, and the hypotheses were supported. Results suggest that the learning environment in universities is a major determinant of innovative outcomes for students. However, implementation of entrepreneurial education alone cannot be as effective as it needs to be; it must be complemented by initiatives that enhance perceptions and internal capabilities of students to achieve innovation in their behaviors. This highlights the vitality of psychological capital and fear of failure in this context. Full article
Show Figures

Figure 1

19 pages, 507 KiB  
Article
Unravelling the Motivational Dynamics of Established Entrepreneurs: A Systems Perspective
by Karin Širec, Nataša Šarlija and Katja Crnogaj
Systems 2025, 13(5), 307; https://doi.org/10.3390/systems13050307 - 23 Apr 2025
Viewed by 832
Abstract
The question of what motivates entrepreneurs to maintain and grow their ventures beyond the startup phase remains an underexplored aspect of entrepreneurship research. Using data from the Global Entrepreneurship Monitor, GEM (2023), this study examines four key entrepreneurial motivations among 103 established Croatian [...] Read more.
The question of what motivates entrepreneurs to maintain and grow their ventures beyond the startup phase remains an underexplored aspect of entrepreneurship research. Using data from the Global Entrepreneurship Monitor, GEM (2023), this study examines four key entrepreneurial motivations among 103 established Croatian entrepreneurs who are making a difference in the world, building great wealth or a very high income, continuing a family tradition, and earning a living. Employing a multivariate multiple regression approach, we analyze how sociodemographic factors, opportunity perception, fear of failure, media influences, and sustainability-oriented mindsets (e.g., UN SDG awareness) influence these diverse motivations. Findings reveal distinct motivational patterns: socially responsible mindsets and awareness of the SDGs primarily drive the aspiration to “make a difference”, while age, perceived opportunities, and fear of failure reinforce the pursuit of wealth. Media narratives uniquely influence the intent to “continue a family tradition”, while necessity-driven motives—linked to fear of failure and lower growth ambitions—predominate among those aiming simply to “earn a living”. By applying a systems thinking approach, this research illustrates how interdependent factors create distinct motivational clusters, and it highlights the importance of tailored policies and support programs for established entrepreneurs seeking sustainable growth. It contributes to the interdisciplinary discourse on entrepreneurship, offering insights for policymakers, educators, and advisors working to foster resilient and innovative entrepreneurial ecosystems. Full article
Show Figures

Figure 1

21 pages, 463 KiB  
Article
Sustainable Entrepreneurial Intention Among University Students: Synergetic Moderation of Entrepreneurial Fear and Use of Artificial Intelligence in Teaching
by Muzaffar Asad, Latefa Hamad Al Fryan and Mahasin Ibrahim Shomo
Sustainability 2025, 17(1), 290; https://doi.org/10.3390/su17010290 - 2 Jan 2025
Cited by 6 | Viewed by 3315
Abstract
Today, the world is facing two major issues: unemployment and environmental degradation. To promote employment, universities and higher educational institutions all over the world are boosting entrepreneurial intentions among students to overcome the challenge of unemployment. Moreover, in higher educational institutions in developed [...] Read more.
Today, the world is facing two major issues: unemployment and environmental degradation. To promote employment, universities and higher educational institutions all over the world are boosting entrepreneurial intentions among students to overcome the challenge of unemployment. Moreover, in higher educational institutions in developed and developing countries, sustainability is being promoted. However, Pakistan is far behind in applying these concepts simultaneously. Hence, the objective of the study is to promote sustainable entrepreneurial intentions among the students. For the said purpose, considering the inconsistent findings in the literature where the theory of planned behavior is used to cater to entrepreneurial intentions, entrepreneurial fear and the use of artificial intelligence are added to the theory of planned behavior as a moderator with the support of protection motivation theory and experiential learning theory. The data have been collected from 384 students studying at higher educational institutions in Pakistan. The developed framework has been evaluated using SMART PLS3. The findings confirmed that personal attitude, perceived behavioral control, and perceived feasibility significantly influence sustainable entrepreneurial intentions. Moreover, the synergistic moderation of entrepreneurial fear, as well as the use of artificial intelligence in teaching, is significant. This study ends up with policy guidelines and limitations along with future directions. Full article
(This article belongs to the Section Economic and Business Aspects of Sustainability)
Show Figures

Figure 1

16 pages, 1328 KiB  
Article
Career Booster or Dead End? The Double-Edged Sword Effects of Entrepreneurial Fear of Failure on Entrepreneurial Exit Intentions in the Process of Sustainable Entrepreneurship
by Hangyu Shi and Hongtao Yang
Sustainability 2024, 16(20), 8853; https://doi.org/10.3390/su16208853 - 13 Oct 2024
Cited by 1 | Viewed by 1459
Abstract
Based on self-regulation theory, this paper constructs two paths through which entrepreneurial fear of failure affects entrepreneurial exit intentions, and explores the moderating effect of the locus of control. We analyze a sample of 308 entrepreneurs from small and medium-sized private enterprises located [...] Read more.
Based on self-regulation theory, this paper constructs two paths through which entrepreneurial fear of failure affects entrepreneurial exit intentions, and explores the moderating effect of the locus of control. We analyze a sample of 308 entrepreneurs from small and medium-sized private enterprises located in Southeast China. The results shown that entrepreneurial fear of failure not only stimulates entrepreneurial identity centrality in a self-regulated driving state but also leads to emotional exhaustion in a state of self-regulated depletion, with two effects on entrepreneurial exit intentions. The facilitating effect of entrepreneurial fear of failure on entrepreneurial identity centrality is stronger for internals than externals, whereas the facilitating effect of entrepreneurial fear of failure on emotional exhaustion is stronger for externals than internals. This research provides a theoretical basis and managerial insights for using entrepreneurial fear of failure to motivate its promoting effects and inhibit its hindering effects on sustainable entrepreneurship. Full article
Show Figures

Figure 1

17 pages, 258 KiB  
Article
Entrepreneurial Aspirations and Challenges among Business Students: A Qualitative Study
by Anas Al-Fattal
Adm. Sci. 2024, 14(5), 101; https://doi.org/10.3390/admsci14050101 - 16 May 2024
Cited by 7 | Viewed by 12845
Abstract
The COVID-19 pandemic has had a profound impact on small businesses, significantly influencing entrepreneurial aspirations and presenting numerous challenges. This calls for additional research into perceptions, intentions, and the challenges faced in this context. This study aims to explore the comprehension of key [...] Read more.
The COVID-19 pandemic has had a profound impact on small businesses, significantly influencing entrepreneurial aspirations and presenting numerous challenges. This calls for additional research into perceptions, intentions, and the challenges faced in this context. This study aims to explore the comprehension of key entrepreneurial concepts among business students in the post-pandemic era. The paper presents an empirical study which employs qualitative in-depth interviews with 34 undergraduate business students from one public university in the Midwest of the United States. The findings reveal a complex view of entrepreneurship that extends beyond traditional business creation, encompassing elements of social innovation and personal fulfillment. Students displayed a generally positive attitude towards entrepreneurship, influenced strongly by their involvement in practical entrepreneurship-related activities and their familial backgrounds. However, they also identified significant barriers, including financial constraints, fear of failure, and a lack of practical experience, which hinder their intentions to pursue entrepreneurial ventures. The study underscores the importance of entrepreneurship education programs incorporating more comprehensive practical experiences, enhancing financial literacy, and providing psychological support to overcome these challenges. These insights contribute to the ongoing discussion on how to effectively support and prepare aspiring entrepreneurs in a changing educational landscape. Full article
(This article belongs to the Special Issue Moving from Entrepreneurial Intention to Behavior)
14 pages, 599 KiB  
Article
How Can We Remove Psychological Entrepreneurship Barriers on Entrepreneurship Intention for Health Organizations in the Future?
by Bülent Akkaya, Catalin Popescu and Sema Üstgörül
Sustainability 2024, 16(8), 3503; https://doi.org/10.3390/su16083503 - 22 Apr 2024
Cited by 3 | Viewed by 3078
Abstract
Entrepreneurial orientation significantly influences business financial performance, particularly in global markets, making it pivotal across economies. Developed nations provide a conducive environment for entrepreneurship, supported by educational systems and skill development programs. Conversely, in developing countries, cultural and social disparities create unique challenges, [...] Read more.
Entrepreneurial orientation significantly influences business financial performance, particularly in global markets, making it pivotal across economies. Developed nations provide a conducive environment for entrepreneurship, supported by educational systems and skill development programs. Conversely, in developing countries, cultural and social disparities create unique challenges, shaping entrepreneurial intentions. Psychological barriers such as risk aversion, fear of failure, and resistance to change hinder potential entrepreneurs, particularly in health science faculties. A study conducted in Turkey aimed to explore these barriers among health science students. Data collected from 788 students revealed that psychological factors explained 72% of entrepreneurial intentions. Regression analysis confirmed the significance of risk avoidance, fear of failure, attitude towards change, and stress avoidance in shaping intentions. Despite these barriers, heightened entrepreneurial intentions among health students were associated with greater success in overcoming obstacles. The findings emphasize the importance of addressing psychological barriers in fostering innovative and entrepreneurial healthcare professionals. By understanding these dynamics, educational institutions, policymakers, and healthcare practitioners can better support the development of an entrepreneurial healthcare workforce. The intersection of healthcare and entrepreneurship presents opportunities for transformative solutions, potentially enhancing patient outcomes and advancing the healthcare sector. Despite challenges, emerging trends suggest a growing interest in leveraging innovation for positive change in healthcare, highlighting the potential for impactful contributions to the industry’s evolution. Full article
Show Figures

Figure 1

18 pages, 282 KiB  
Article
Immigrant Exclusion Acts: On Early Chinese Labor and Domestic Matriarchal Agency in Lin Yutang’s Chinatown Family
by Xiao Di Tong
Genealogy 2024, 8(1), 21; https://doi.org/10.3390/genealogy8010021 - 21 Feb 2024
Viewed by 3179
Abstract
In the introduction to her influential work on Asian American cultural studies and feminist materialist critique, Immigrant Acts: On Asian American Cultural Politics, Lisa Lowe shatters the contradictions manifested in Asian immigration, wherein Asians’ entry into the United States marked them either [...] Read more.
In the introduction to her influential work on Asian American cultural studies and feminist materialist critique, Immigrant Acts: On Asian American Cultural Politics, Lisa Lowe shatters the contradictions manifested in Asian immigration, wherein Asians’ entry into the United States marked them either as marginalized from “within” the national political sphere or as linguistically, culturally, and racially “outside” of the national polity For Asian immigrants, the debate of being simultaneously needed and excluded is no more evidenced historically than using Chinese labor during the California Gold Rush in the mid-nineteenth century. Their migratory relocation was hardly met with ease and public enthusiasm, however. Evoking anxiety in their Anglo counterparts, the Chinese were characterized as foreign noncitizens: barbaric, alien, and dangerous, the quintessential “yellow peril” threatening to displace white European immigrants such as the Irish. The irrational fear of the “Oriental” from the Far East led to a succession of immigration exclusion laws passed by Congress that denied the Chinese from entering the U.S. and their rights to naturalization in 1882. Passed by Congress and signed by President Chester A. Arthur, the 1882 Chinese Exclusion Act suspended the entry of Chinese laborers into the U.S. based on their nationality for ten years. This paper argues that the possibility of agency for Chinese workers existed throughout the exclusionary period. Specifically, this site of agency resides with Chinese women and is expressed through a literary mode. For instance, Lin Yutang’s Chinatown Family (1948) captures this moment of immigrant agency in the post-exclusion era. Lin, a pioneering Chinese writer and inventor who wrote texts such as My Country and My People (1935), The Importance of Living (1937), and Moment in Peking (1939), often utilized his narratives to bridge the clash between the East and West. Identifying what I see as the inadequacy of probing one of the earliest Chinese American texts from a rigid literary mode, I move to reconsider the novel as a legal counternarrative to the three exclusionary laws: the Page Law of 1875, the Chinese Exclusion Act of 1882, and the Cable Act of 1922. To direct my critical reorientation of Lin’s novel away from, though not necessarily against, literary castings of this early immigrant tale, I take the narrative as a strategic literary re-imagination that structures itself around these three legislative pieces to critique restrictive practices enacted upon the Chinese. The novel showcases how Chinese immigrants maneuvered and manipulated the legal system in their favor during assimilation. In this context, critical reappraisal is needed in scrutinizing how the Exclusion Act generated a wave of domestic-based diasporic relocation of Chinese workers from California to New York. Due to acute anti-Chinese sentiments on the West Coast, resetting Chinese workers in the northeast in search of a new Gold Mountain led to a unique phenomenon. This dispersal elevated Chinese women as valuable social capitals who transformed metropoles like New York City and redefined their views as nationalist subjects of the “about-to-be” in industrial capitalist modernity. Through a legal framework, then, Lin’s portrayal of the Fong clan suggests the emergence of a gendered Sino-immigrant agency, one that enabled the Chinese woman/mother to situate herself as the locus of the traditional patriarchal Chinese entrepreneurial family and the forefront of the northeast industrial capitalist scene. Full article
(This article belongs to the Special Issue Tracking Asian Diasporic Experiences)
30 pages, 1515 KiB  
Article
Youth Entrepreneurship in Germany: Empirical Evidence on the How, the Why, the How Many, the Who and the When
by Rolf Sternberg and David Breitenbach
Economies 2023, 11(6), 161; https://doi.org/10.3390/economies11060161 - 7 Jun 2023
Cited by 4 | Viewed by 4738
Abstract
Youth entrepreneurship is an increasingly prominent aspect of entrepreneurship support policies, but there is surprisingly little relevant research-based empirical evidence. This research gap is particularly noticeable when it comes to the personal and contextual factors that steer young people’s decision to start a [...] Read more.
Youth entrepreneurship is an increasingly prominent aspect of entrepreneurship support policies, but there is surprisingly little relevant research-based empirical evidence. This research gap is particularly noticeable when it comes to the personal and contextual factors that steer young people’s decision to start a business. Using statistically representative survey data from the Global Entrepreneurship Monitor for Germany, we apply logit regressions to determine the influence of 10 independent variables on the likelihood of starting a business. We distinguish between 18–24-year-olds and 25–64-year-olds as well as between founders and non-founders. Self-efficacy in entrepreneurial skills, fear of failure and gender are the strongest influencing variables for the person-related factors and knowledge of other founders for the contextual factors. For younger people, the formal level of education and the perception of local entrepreneurial opportunities do not play a role in the decision to start a business, whereas they are very important for older people. Our results suggest that start-up promotion policies should explicitly address the empirically proven factors of youth entrepreneurship instead of a ‘one size fits all’ policy for new businesses, regardless of the age of the founders. Full article
(This article belongs to the Special Issue Focused Issues and Trends in Economic Research from Germany)
Show Figures

Figure 1

16 pages, 1177 KiB  
Article
The Anatomy of Entrepreneurial Failure: Antecedents of the Performance Failure Appraisal Inventory and the Role of Social Support
by Alamir Al-Alawi, Sohail Amjed, Ahmed Mohamed Elbaz and Nasser Alhamar Alkathiri
Sustainability 2023, 15(9), 7505; https://doi.org/10.3390/su15097505 - 4 May 2023
Cited by 2 | Viewed by 3570
Abstract
The purpose of this study is to investigate the impact of stress factors on entrepreneurial failure and to examine the relationship between prior entrepreneurial failure and future fear of failure. This study takes a novel approach by considering the moderating role of social [...] Read more.
The purpose of this study is to investigate the impact of stress factors on entrepreneurial failure and to examine the relationship between prior entrepreneurial failure and future fear of failure. This study takes a novel approach by considering the moderating role of social support on this relationship. We employed the least squares–structural equation modeling (PLS-SEM) technique to analyze the responses of 162 failed entrepreneurs in Oman. Our findings demonstrate that stress factors in all four dimensions (managerial and planning elements, working capital, competitive environment, and growth and overexpansion) have a significant impact on entrepreneurial failure. Moreover, the results reveal that prior entrepreneurial failure is positively related to fear of failure. However, social support has a crucial moderating effect on the relationship between prior failure and present and future failure-related anxiety, reducing the influence of prior entrepreneurial failure on entrepreneurs’ fear of failure. This study contributes to the theoretical understanding of the antecedents and outcomes of entrepreneurial failure and offers practical implications for policymakers and practitioners seeking to promote entrepreneurship and reduce failure rates. Full article
Show Figures

Figure 1

19 pages, 1369 KiB  
Article
Impact of Entrepreneurial Leadership and Bricolage on Job Security and Sustainable Economic Performance: An Empirical Study of Croatian Companies during COVID-19 Pandemic
by Hussain Zaid H Alsharif, Tong Shu, Bojan Obrenovic, Danijela Godinic, Ashraf Alhujailli and Alisher Makhmudovich Abdullaev
Sustainability 2021, 13(21), 11958; https://doi.org/10.3390/su132111958 - 29 Oct 2021
Cited by 40 | Viewed by 6332
Abstract
In the wake of the current socio-economic crisis, discovering an effective strategy for managing uncertainty and successful reallocation of resources became key to ensuring sustainable economic performance. More recent evidence pointed to the entrepreneurial leadership style as an effective means for engaging employees [...] Read more.
In the wake of the current socio-economic crisis, discovering an effective strategy for managing uncertainty and successful reallocation of resources became key to ensuring sustainable economic performance. More recent evidence pointed to the entrepreneurial leadership style as an effective means for engaging employees in a more proactive pursuit of organizational goals. This article introduces a novel approach to sustainable economic performance during the COVID-19 pandemic considering entrepreneurial leadership, entrepreneurial bricolage, and job insecurity. The empirical study was performed on a sample of 410 employees from Croatian organizations working in different industries during the COVID outbreak. The study results reveal that entrepreneurial leadership positively impacts sustainable economic performance but does not lead to decreased job insecurity. Expectedly, job insecurity was found to have a negative effect on sustainable economic performance. The results confirmed a positive influence of entrepreneurial bricolage on sustainable economic performance, which is in line with existing literature. However, the moderating effect of entrepreneurial bricolage on the relationship between entrepreneurial leadership and job insecurity was not significant. The findings suggest that companies can sustain their performance or even thrive under entrepreneurial leadership. The study lays the groundwork for further investigation on how entrepreneurial leaders can influence followers’ creative self-efficacy to decrease job uncertainty and prevent fear-induced hindrances, such as organizational deviance and turnover intention in the context of the pandemic. Full article
Show Figures

Figure 1

24 pages, 650 KiB  
Article
How Do Failed Entrepreneurs Cope with Their Prior Failure When They Seek Subsequent Re-Entry into Serial Entrepreneurship? Failed Entrepreneurs’ Optimism and Defensive Pessimism and Coping Humor as a Moderator
by Kumju Hwang and Jinsook Choi
Int. J. Environ. Res. Public Health 2021, 18(13), 7021; https://doi.org/10.3390/ijerph18137021 - 30 Jun 2021
Cited by 13 | Viewed by 5823
Abstract
Entrepreneurial failure is prevalent, and particularly when the COVID−19 crisis exacerbates the economic recession, it becomes even more prevalent. Entrepreneurs experience an intensive emotional crisis when their ventures fail, and this deleterious impact, including stress and emotional pain, may prevent failed entrepreneurs (FEs) [...] Read more.
Entrepreneurial failure is prevalent, and particularly when the COVID−19 crisis exacerbates the economic recession, it becomes even more prevalent. Entrepreneurs experience an intensive emotional crisis when their ventures fail, and this deleterious impact, including stress and emotional pain, may prevent failed entrepreneurs (FEs) from restarting; hence, how they cope with failure has received increased attention in recent years. However, most of the extant literature focuses on success rather than failure, and there is very limited literature on how FEs cope with the psychological and emotional crisis caused by failure. This study focuses on FEs’ use of optimism and defensive pessimism as coping strategies within the mental simulation theory with respect to their re-entry intentions. It examines the impact of career ambition and public self-awareness on optimism, of the fear of failure (FoF) and self-doubt, on defensive pessimism, and of coping humor as a moderator. We used structural equation modeling to analyze the data of 277 Korean FEs who have actual entrepreneurial failure experiences and actively prepared for their re-entry. The results show that career ambitions and public self-awareness have an impact on optimism, and FoF and self-doubt lead to defensive pessimism. Coping humor also has a moderating effect on the path from defensive pessimism to the intention to re-enter. This study advances the literature on coping mechanisms that FEs employ to manage the negative impact of failure and prepare for their subsequent re-entry. Its theoretical model, based on the mental simulation theory combined with social comparison theory, provides a possible integrative framework that includes both the pervasively held view of entrepreneurs’ optimism related to overconfidence and their defensive pessimism related to their vulnerability due to their ventures’ failure. Thus, this study makes theoretical contributions to the literature of entrepreneurial failure, as well as practical implications for policymakers and educators who assist FEs in successfully coping with entrepreneurial failure and re-entry. Full article
Show Figures

Figure 1

16 pages, 656 KiB  
Article
An Empirical Investigation of Environmental Turbulence and Fear in Predicting Entrepreneurial Improvisation
by Sara Shabbir, Rizwan Qaiser Danish, Muqqadas Rehman, Muhammad Hasnain and Humaira Asad
J. Open Innov. Technol. Mark. Complex. 2021, 7(2), 157; https://doi.org/10.3390/joitmc7020157 - 15 Jun 2021
Cited by 5 | Viewed by 3306
Abstract
This study is designed to test an empirical investigation of the environmental turbulence and fear in predicting entrepreneurial improvisation in small and medium enterprises (SMEs) in Pakistan. This research aims to analyze whether the emotional response of fear drives the decision-makers of SMEs [...] Read more.
This study is designed to test an empirical investigation of the environmental turbulence and fear in predicting entrepreneurial improvisation in small and medium enterprises (SMEs) in Pakistan. This research aims to analyze whether the emotional response of fear drives the decision-makers of SMEs towards the use of improvisation strategy in a turbulent environment in an uncertain business world or not. The target population for this study includes owners, managers, and directors of SMEs listed in the Chambers of Commerce of capital cities of Pakistan. Data were collected through a quantitative survey from 433 respondents by using the cluster sampling technique. Structural equation modeling (SEM) was used to test the hypotheses of the study and conduct path analysis. The findings of this study reveal that environmental turbulence leads the decision-makers towards the use of improvisation strategy by managing their emotions of fear rather than sticking to the plans in SMEs in Pakistan. Moreover, the emotional response of fear in entrepreneurs mediates the relationship between environmental turbulence and entrepreneurial improvisation in SMEs in Pakistan. This study contributes to the field of SMEs by suggesting that entrepreneurs can compete in the frequently changing business world through improvisation. This study helps the Small and Medium Enterprises Development Authority (SMEDA) to understand the importance of entrepreneurial improvisation during uncertainties in the complex business environment, which leads the organization towards innovation. Full article
Show Figures

Figure 1

26 pages, 395 KiB  
Article
Testing Entrepreneurial Intention Determinants in Post-Transition Economies
by Ana Iolanda Vodă, Alina-Petronela Haller, Alexandru Anichiti and Gina Ionela Butnaru
Sustainability 2020, 12(24), 10370; https://doi.org/10.3390/su122410370 - 11 Dec 2020
Cited by 11 | Viewed by 3393
Abstract
The paper aims to analyze the entrepreneurial intention determinants in nine post-transition economies of European member states. To achieve our stated goal, the study focused on the influence of fear of failure and networking on individuals’ inclination towards entrepreneurship. Additionally, gender, income, education, [...] Read more.
The paper aims to analyze the entrepreneurial intention determinants in nine post-transition economies of European member states. To achieve our stated goal, the study focused on the influence of fear of failure and networking on individuals’ inclination towards entrepreneurship. Additionally, gender, income, education, and work status were also considered control variables. The data were collected using the Global Entrepreneurship Monitor (GEM) database. We included responses collected from nine former transition economies, giving us a total of 13,494 observations, for 2015. Logistic regression models were employed to measure the influence of perceptions on the propenisty of individuals to create a new venture. The results indicated that fear of failure is significantly and negatively correlated with entrepreneurial intentions for all groups of countries. The results also indicated that people who have entrepreneurs in the family have a higher propensity for entrepreneurial intentions than people who do not have family members with such a status. Full article
(This article belongs to the Special Issue The Entrepreneurship-Sustainability Nexus)
28 pages, 779 KiB  
Article
Enablers of Entrepreneurial Activity across the European Union—An Analysis Using GEM Individual Data
by Ana Iolanda Vodă, Gina Ionela Butnaru and Rodica Cristina Butnaru
Sustainability 2020, 12(3), 1022; https://doi.org/10.3390/su12031022 - 31 Jan 2020
Cited by 30 | Viewed by 5392
Abstract
The objective of this study involves identifying the influence of different perceptual attributes on the likelihood of engaging in early-stage entrepreneurial activities (TEA). The study correspondingly applies individual data based on the statistics gathered from Global Entrepreneurship Monitor (GEM) Adult Population Survey database [...] Read more.
The objective of this study involves identifying the influence of different perceptual attributes on the likelihood of engaging in early-stage entrepreneurial activities (TEA). The study correspondingly applies individual data based on the statistics gathered from Global Entrepreneurship Monitor (GEM) Adult Population Survey database for 18 European Countries in 2007 and 2014. We performed several logistic regression analyses in order to test the influence of some entrepreneurial attributes on the propensity to engage in TEA. We identified four perceptual determinants: Capability to identify opportunity; having the skills, knowledge and experience to start up a business; fear of failure; and knowing other entrepreneurs. We tested their effect along with some control variables and interaction effects. The results confirm the importance of these factors in explaining entrepreneurial activities across different economies. Full article
(This article belongs to the Special Issue Social and New Technology Challenges of Sustainable Business)
Show Figures

Figure 1

Back to TopTop