Search Results (262)

This study aims to empirically investigate the contemporaneous, bidirectional causal relationship between innovation and entrepreneurial activities in China by constructing a dynamic simultaneous equation system. Using panel data from 31 provincial administrative regions from 2000 to 2022, our empirical results demonstrate a robust two-way causal relationship: vigorous innovation activities significantly stimulate the emergence and subsequent growth of entrepreneurial ventures, while entrepreneurial dynamism similarly promotes regional innovation. These findings remain stable and consistent after rigorous robustness checks. Further, employing a Panel Vector Autoregression (PVAR) approach in extended analyses, we find clear evidence of a stable positive feedback loop between innovation and entrepreneurship, characterized by progressive and cumulative effects. Additionally, regional heterogeneity analysis indicates that macroeconomic disparities significantly influence the bidirectional relationship between innovation and entrepreneurship. Specifically, differences in regional resource endowments and economic conditions largely account for variations in innovation–entrepreneurship dynamics across regions. Consequently, local governments should tailor innovation and entrepreneurship policies to regional contexts to maximize economic outcomes effectively under China’s current development paradigm. Full article

The age of entrepreneurship calls for the evolving of learning and development (L&D) models to meet the dynamic demands of innovation, sustainability, and technology innovation. This study examines the trends and issues of L&D models for entrepreneurs, more so focusing on how these models influence business success in a rapidly changing global landscape. The research employs bibliometric analysis, VOSviewer cluster analysis, and co-citation analysis to explore the literature from 1994 to 2024. Data collected from the Web of Science Core Collection database reflect significant trends in entrepreneurial L&D, with particular emphasis on the use of digital tools, sustainability processes, and governance systems. Findings emphasize the imperative role of L&D in fostering entrepreneurship, more so in areas such as digital transformation and the adoption of new technologies. The study also identifies central regions propelling this field, such as UK and USA. Future studies will be centered on the role of digital technologies, innovation, and green business models within entrepreneurial L&D frameworks. This study provides useful insight into the future of L&D within the entrepreneurial domain, guiding academia and companies alike in the planning of effective learning strategies to foster innovation and sustainable business growth. Full article

This paper introduces the concept of degenerative affordances to explain how social media can unintentionally destabilise family-run influencer businesses. While affordance theory typically highlights the enabling features of technology, the researchers shift the focus to its unintended, risk-laden consequences, particularly within family enterprises where professional and personal identities are deeply entangled. Drawing on platform capitalism, family business research, and intersectional feminist critiques, the researchers develop a theoretical model to examine how social media affordances contribute to role confusion, privacy breaches, and trust erosion. Using a mixed-methods design, the researchers combine narrative interviews (n = 20) with partial least squares structural equation modelling (PLS-SEM) on survey data (n = 320) from family-based influencers. This study’s findings reveal a high explanatory power (R² = 0.934) for how digital platforms mediate entrepreneurial legitimacy through interpersonal trust and role dynamics. Notably, trust emerges as a key mediating mechanism linking social media engagement to perceptions of business legitimacy. This paper advances three core contributions: (1) introducing degenerative affordance as a novel extension of affordance theory; (2) unpacking how digitally mediated role confusion and privacy breaches function as internal threats to legitimacy in family businesses; and (3) problematising the epistemic assumptions embedded in entrepreneurial legitimacy itself. This study’s results call for a rethinking of how digital platforms, family roles, and entrepreneurial identities co-constitute each other under the pressures of visibility, intimacy, and algorithmic governance. The paper concludes with implications for influencer labour regulation, platform accountability, and the ethics of digital family entrepreneurship. Full article

In the context of accelerating digital transformation and growing sustainability imperatives, entrepreneurial ecosystems increasingly rely on open innovation and strategic collaboration to foster resilient, knowledge-driven growth. This study aims to examine how leadership behaviors and strategic alliances interact as enablers of sustainable innovation across macro (systemic), meso (organizational), and micro (individual) levels. To achieve this, this study employs a literature review, supported by bibliometric analysis, as its core methodological approach. Drawing on 86 influential publications from 1992 to 2024, two major thematic streams emerge: leadership dynamics in entrepreneurial settings and the formation and governance of strategic alliances as vehicles for innovation. The findings underscore the pivotal role of transformational and ethical leadership in cultivating trust-based inter-organizational relationships, facilitating digital knowledge sharing, and catalyzing sustainable value creation. Simultaneously, strategic alliances enhance organizational agility and innovation capacity through co-creation mechanisms, digital platforms, and crowdsourcing, especially in small and medium-sized enterprises (SMEs). This paper highlights a mutually reinforcing relationship: effective leadership strategies empower alliances, while alliance participation enhances leadership capabilities through experiential learning in diverse, digitalized environments. By bridging leadership theory, open innovation practices, and digital transformation, this study offers critical insights for entrepreneurs, managers, and policymakers seeking to drive inclusive and sustainable innovation within interconnected global markets. Therefore, this study provides practical guidance for business leaders aiming to strengthen alliance performance through adaptive leadership and for policymakers seeking to foster innovation ecosystems through supportive regulatory and institutional frameworks. Full article

The B Corp certification is a voluntary designation granted by B Lab. This nonprofit organization evaluates two main aspects of a company’s operations: the positive impact generated by its daily activities and how its business model reflects unique practices that yield positive outcomes for its stakeholders. Sistema B is at the forefront of the B movement in Latin America and the Caribbean, working to develop an ecosystem that enables B Corps to harness market forces to address social and environmental challenges. However, the B Corp movement in this region faces significant challenges, primarily due to a lack of government support, including tax benefits and legal recognition. This study aims to advance the existing literature on B Corps by examining sustainability-oriented hybrid organizations that strive to reconcile profit generation with social impact within the context of Mexico’s socioeconomic landscape. Additionally, it seeks to enhance the understanding of how ventures navigate trade-offs between financial and social objectives, and to identify factors that can help address these challenges. Twenty semi-structured interviews were conducted with Mexican B Corps to explore the entrepreneurial motivations related to social objectives, the B Corp movement, and the internal organizational dynamics of balancing social and economic logics. We discuss how tensions arise and are managed, as well as the issues regarding regulatory tensions in Mexico and the challenges that stem from organizational complexities. Future research directions are also outlined. Full article

This research investigates the pivotal role of women’s entrepreneurship in urban Ireland. Utilizing a demand–constraint–choice framework for analysis, it explores the diverse motivations behind Irish women’s entrepreneurial ventures, emphasizing the impact of time- and place-specific factors. The study also assesses gender equality and disparities. This qualitative research presents a comparative analysis of motivations, perceptions, and experiences conducted through semi-structured interviews in Ireland’s diverse cultural and economic contexts. The findings highlight the influence of cultural factors on women’s entrepreneurial choices and the significance of government support systems. They underscore the necessity of proactive government intervention for gender-inclusive economic development, offering insights applicable beyond Ireland. Valuable for policymakers, researchers, and entrepreneurs, the findings enhance understanding of women’s entrepreneurial leadership, contributing to global strategies for empowering women in entrepreneurship. Several policy recommendations are provided. Full article

This article summarizes the scope and content of the Special Issue (SI) entitled “Geographic Information Systems (GIS) and Cartography for a Sustainable World” and its contribution to the global discourse regarding sustainability concerns. At the heart of the discussion in this SI lies: (i) GIS, a valuable tool and a means for modeling, designing, and analyzing (spatial) data and processes related to the pursuance of sustainability objectives at both local and global scales; and (ii) Cartography as a discipline, which through maps and visualizations can convey the present state. The latter can play a vital role in educating, empowering, and raising public awareness with regard to sustainability concerns on the one hand, and can form a basis for policy-makers, scientists, and citizens for articulating effective sustainability strategies on the other. The fulfillment of the SI goals is attained through a collection of 26 papers that delve into and attempt to visualize sustainability achievements or concerns on a variety of themes in different parts of the world. More specifically, the content of this collection of papers can be categorized into the following sustainability-related themes: Urbanization, Transportation, Carbon Emissions Management, Infrastructure, Rural Development, and Climate Change. The main conclusion is that planning and implementing sustainability policies is a challenging and multi-level task, and must be carried out within a fully dynamic decision environment. Although some progress has already been made, more intensive and collective efforts from scientists, governments, the entrepreneurial community, and citizens are needed in order for the ambitious goals of Agenda 2030 to be reached. Full article

The examination of government intervention in rural tourism within developing countries remains a critical area of academic inquiry. This study investigates the relationship between government intervention in rural tourism and the income growth of rural residents by utilizing a Difference-in-Differences method based on county-level data from the China County-Level Statistical Yearbooks from 2006 to 2022. The findings indicate that government-supported rural tourism development significantly promotes income growth among rural populations. This effect can be attributed to three key mechanisms: stimulation of entrepreneurial activity, promotion of related industrial development, and optimization of resource allocation. Heterogeneity analysis reveals that the income-enhancing effect is more pronounced in counties with stronger economic foundations, more developed agricultural sectors, and favorable geographic conditions. However, the intervention has not significantly reduced the urban–rural income gap or reversed the declining trend in the labor income share, suggesting that more targeted and inclusive strategies are needed. These findings offer important policy implications for developing countries aiming to foster rural revitalization through industrial policy instruments. Full article

This study explores the evolution of academic entrepreneurship, emphasizing the crucial role of universities in fostering innovation and economic development. Through a systematic review guided by the PRISMA methodology, the research identifies six critical dimensions in academic entrepreneurship: university entrepreneurial ecosystems, organizational structures, capacity building, impact evaluation, contextual influences, and sustainability. The review highlights the integration of sustainability principles, digital transformation, and innovative financing models as central themes driving contemporary university entrepreneurship. Additionally, it underscores the necessity for adaptive governance frameworks and interdisciplinary collaborations to address diverse socioeconomic contexts. The findings offer theoretical insights and practical recommendations for policymakers and university administrators, with the aim of enhancing the design and implementation of effective entrepreneurial ecosystems. This work contributes to a deeper understanding of the mechanisms and strategies that enable universities to act as catalysts for innovation and sustainable economic growth. Full article

Pressure from competitors and regulatory interventions are external factors influencing hotels’ commitment to Environmental, Social and Governance (ESG) initiatives. This study aimed to explore the relationships between perceived entrepreneurial orientation, perceived commitment to ESG practices, and corporate financial performance through the lens of the resource-based view of the firm. Additionally, the moderating effect of hotel size was analyzed. Data were collected via a survey of hotel managers in Hong Kong in 2025. The results indicate a significant relationship between perceived entrepreneurial orientation and commitment to ESG practices. This study provides a solid understanding of the relationships among perceived entrepreneurial orientation, corporate autonomy, commitment to ESG practices, and corporate financial performance. The moderating effect of corporate size reveals that size itself does not directly influence how commitment to ESG affects corporate financial performance in the hotel industry. In contrast, hotel size does influence how entrepreneurial orientation relates to ESG commitment; specifically, smaller hotels are more entrepreneurial and committed to ESG practices when they have greater decision-making autonomy. However, entrepreneurial orientation and ESG commitment do not significantly influence financial performance, regardless of hotel size. This study offers practical implications for policymakers regarding the relevance of entrepreneurial orientation and corporate autonomy in enhancing commitment to ESG practices. Full article

In recent years, the Korean government has begun to encourage college students to start businesses due to college students’ employment difficulties. The government has implemented various policies to support college students to start businesses. In this study, we attempted to determine the relationship between ES (entrepreneurship), EA (entrepreneurial attitude), and ESE (entrepreneurial self-efficacy), psychological variables known to affect EI. Data were collected from 415 male and female college students in Korea via a mobile survey. The structural equation model analysis revealed that ES and ESE had positive effects on EI, and the effect of ESE was greater than that of the other variables. The effect of ESE on EA was significant only in the group without EE(NEL) but not in the group with EE(EL). When ES influenced EI, EA had no mediating effect, and when ESE influenced EI, EA played a mediating role positively only in the NEL group. This study identified previously unrecognized ES factors as predictors of EI and showed that ESE is a relatively strong predictor of EI again. This implies that, in order to increase the EI of college students, it is necessary to increase the entrepreneurial ability characterized as objective, rational, realistic, and stable, such as ESE. One of the useful methods is to provide entrepreneurship education to them. Full article

This study aims to analyze the influence of entrepreneurial marketing, internet marketing, market orientation, and social entrepreneurship orientation on business sustainability, marketing performance, and competitiveness. A total of 235 micro-, small, and medium enterprises (MSMEs) in Jabodetabek and Sukabumi were successfully processed with SmartPLS 3 software to be analyzed using the SEM-PLS two-stage embedded approach. In micro-enterprises (MEs), the results of the analysis show that the variables of internet marketing, market orientation, and social entrepreneurship orientation have a significant positive effect on social aspects. Meanwhile, entrepreneurial marketing has a significant positive effect on environmental aspects. Furthermore, only two aspects of sustainability (economic and social aspects) have a positive effect on competitiveness and marketing performance. In another case with small and medium enterprises (SMEs), the results of the analysis show that variable market orientation has a positive effect on economic aspects and a negative effect on social aspects. While the social entrepreneurship orientation variable has a positive effect on social aspects, it has a negative effect on economic aspects. Furthermore, the economic aspects of SMEs have a positive effect on competitiveness and marketing performance. Environmental aspects have a positive effect on competitiveness, and social aspects affect marketing performance. Finally, competitiveness variables affect the marketing performance of SMEs. In general, it is necessary for the government to differentiate between MEs and SMEs because they have different business capabilities. MEs need a more social approach, while SMEs need a more economic approach in order to support their sustainability aspects. Full article

(1) Background: The survival and growth of startups in their early stages are negatively impacted by the lack of financial sustainability and scarce resources that entrepreneurs face during the first 5 years. This is known as the Valley of Death (VoD). This study seeks to identify key factors that influence the financial sustainability of startups during the VoD, which demands a significant amount of funding and government support. (2) Methods: A quantitative methodology was employed, based on a worldwide literature review that pointed out the variables of the object of study; the information collection process was conducted through a questionnaire applied to 352 entrepreneurs in an innovative ecosystem. This study empirically applies a structural equation model to determine the relationship between constructs. (3) Results: A comprehensive analysis of the results indicates that indicators such as positive sales performance, sufficient financial solvency to meet short- and long-term commitments, accurate pricing policies, and access to government and banking support are the primary factors affecting the sustainability of startups in the early stages. (4) Originality: This study provides original and relevant insights into the indicators that affect the financial sustainability of startups during the VoD and offers interesting insights for governments, institutions, and entrepreneurs to foster innovative ecosystems; it also contributes to the extant literature on early-stage entrepreneurial failures. Full article

In response to escalating environmental concerns and regulatory demands, this study investigates how circular economy entrepreneurship contributes to sustainability-oriented business performance, with a focus on the mediating role of cleaner production and the moderating role of green government subsidies. Drawing on institutional theory, the research examines how institutional pressures shape firms’ adoption of sustainable practices within the Turkish manufacturing sector. A quantitative design was employed, using stratified random sampling to collect data from 383 firms across various industries. Structural equation modeling (PLS-SEM) was used to test the proposed relationships. The results reveal that circular economy entrepreneurship positively influences sustainability performance, primarily through the mediating effect of cleaner production practices. Furthermore, green government subsidies strengthen the impact of circular economy entrepreneurship on both cleaner production and sustainability outcomes, underscoring the importance of policy support in enhancing the effectiveness of eco-entrepreneurial initiatives. Practically, this study provides actionable insights for managers and policymakers seeking to integrate sustainability into strategic planning, technological investment, and regulatory design. By aligning entrepreneurial innovation with institutional incentives, firms can simultaneously achieve environmental responsibility and long-term competitive advantage. Full article

In the sustainable evolution of the entrepreneurial ecosystem, the efficiency of early-stage capital allocation directly affects the intergenerational transmission capacity of innovation resources. The financing barriers caused by information asymmetry urgently require institutional solutions. This study, based on tracking data from 19,463 startups in China’s information technology sector (2016–2019), analyzes how government-certified incubators (GCIs) optimize the sustainability of the entrepreneurial ecosystem through signaling mechanisms. The empirical results show that collaboration with a GCI can significantly increase the likelihood of IT startups securing venture capital by approximately 25%. This effect is not only due to the strict screening and resource support provided by GCIs, but also due to their role in amplifying internal signals from startups, such as the experience of founders and intellectual property. Notably, in the IT sector, the impact of GCIs is more significant for startups traditionally disadvantaged, particularly those led by female founders. Our research demonstrates that GCIs drive the sustainable development of the entrepreneurial ecosystem through three signaling mechanisms: (1) institutional certification screening, which optimizes the intergenerational allocation efficiency of ecosystem resources; (2) the signaling validation–amplification mechanism, which enhances the value of intellectual property and founder experience, alleviating investors’ challenges in quantifying startup potential; (3) inclusive signal rebalancing, where GCI certification significantly improves the funding success rate of female founders, breaking traditional market biases in screening disadvantaged groups and supporting the inclusive and sustainable development of the entrepreneurial ecosystem. These findings provide a new pathway for emerging economies to optimize the resilience of their entrepreneurial ecosystems through policy tools: for governments, GCIs achieve sustainable development goals at low institutional cost; for investors, the signal integration mechanism reduces investment information friction; and for entrepreneurs, certification endorsements accelerate market validation of sustainable business models. Full article