Search Results (108)

Understanding the entrepreneurial profile is essential for developing effective regional policies that promote business growth. The path of an entrepreneur is shaped not only by individual decisions but also by the inherent risks of managing a business. This study aims to identify the characteristics of entrepreneurs at the regional level, specifically highlighting the impact of accumulated experience in their fields. Our central hypothesis asserts that entrepreneurial experience significantly influences how business owners perceive and respond to economic challenges. Utilizing survey data from 120 entrepreneurs in Romania’s Center Region (a NUTS 2 area), we reveal that entrepreneurial experience profoundly affects perceptions of key business challenges, such as legislative instability, taxation predictability, governmental support strategies, and access to SME financing. Importantly, our findings demonstrate that entrepreneurs with less than 10 years of experience express greater concerns about these challenges compared to their more seasoned peers. This novel insight highlights the need for tailored policy interventions aimed at enhancing regional economic resilience and fostering entrepreneurial sustainability. By addressing the specific needs of less experienced entrepreneurs, our study contributes to a deeper understanding of how experience shapes business dynamics in the region. Full article

The COVID-19 pandemic fundamentally disrupted assumptions about entrepreneurship, career planning, and professional development. This study explored how the pandemic influenced the entrepreneurial intentions of undergraduate business students in the United States. Using a qualitative methodology based on in-depth interviews with 31 students at a public Midwestern university, the research interpreted student narratives through the lenses of effectuation theory, resilience theory, and the theory of planned behavior. Findings revealed that many participants reframed entrepreneurship as a strategy for navigating economic uncertainty and enhancing personal agency. Students reported valuing adaptability, resourcefulness, and opportunity recognition, often experimenting with side hustles during the pandemic as a means of resilience. Their entrepreneurial thinking shifted from purely economic motivations toward aspirations for flexibility, self-fulfillment, and purposeful work. The study highlights the formative role of crisis contexts in shaping entrepreneurial identity among emerging professionals. It suggests that entrepreneurship education should move beyond traditional models, fostering skills for navigating complexity and building resilience. In doing so, the findings contribute to broader conversations about youth entrepreneurship, post-pandemic career development, and the evolving demands of the labor market in times of disruption. Full article

Global supply chains face unprecedented challenges from geopolitical conflicts, climate change, economic volatility, and technological disruptions, highlighting the critical role of supply chain resilience as a core strategy for firms to maintain stability and competitive advantage. Grounded in the resource-based view and dynamic capability theory, this study examines how supply chain capability—that is, entrepreneurial leadership, collaborative capability, and digital transformation—enhances resilience, which mediates its impact on performance. Using structural equation modeling on survey data from Chinese firms, we find that resilience, comprising absorptive, reactive, and recovery capability, significantly mediates the relationship between supply chain capability and performance. Environmental uncertainty moderates this relationship, particularly in highly uncertain contexts, where resilience becomes a key driver of competitive advantage. Theoretically, this study extends dynamic capability theory by disaggregating resilience and exploring its mediating role. Practically, it emphasizes strengthening entrepreneurial leadership, collaborative capability, and digital transformation to improve resilience and performance in uncertain environments. Full article

Given that student entrepreneurship contributes to the intensification of economic activities and the improvement of the social well-being of the parties involved, evaluating and fostering students’ entrepreneurial intentions can be a step in moving from intention to action in the entrepreneurial process. From this perspective, the present study assesses students’ entrepreneurial intentions and measures the impact of the most important determinants based on online questionnaires addressed to students from two different fields of study: economics and engineering. Using the collected data (N = 392 students) and analysis methods based on correlation and stratified multiple regression as well as non-parametric tests (Mann–Whitney U), the study reveals that students’ entrepreneurial intentions are influenced by mindset and resilience. The study indicates that the influences can vary significantly when the analyses include control variables, such as gender, field of study, year of study, professional experience, age, and country of origin. It is also important to note that the statistical significance of the results regarding the impact of resilience varies depending on the specifics of the control variables. This study considered both analyses of resilience (as a synthetic indicator) and its subcomponents. The results of this study have both theoretical and practical utility. 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

This study examines the identity of nanostores—micro, independent grocery retailers—through a systemic, stakeholder-informed lens to promote their survivability and competitiveness. Moving beyond traditional operational descriptions, it introduces a multidimensional framework that examines what nanostores do (X), how they do it (Y), and why they matter (Z), which is complemented by the use of the TASCOI tool to produce identity statements. Based on survey data collection and a thematic analysis of nanostore stakeholder responses in Mexico City, the research categorises identity statements into six 2 × 2 matrices across four dimensions: operational, functional, relational, and adaptive. This analysis yields twenty-four archetypes that capture the diversity, complexity, and adaptability of nanostores. The findings reveal that nanostores are not a homogeneous category. They simultaneously exhibit characteristics of multiple archetypes, blending retail function, social embeddedness, and entrepreneurial adaptation. This study contributes to the nanostore and micro-enterprise literature by operationalising identity description and offers practical insights for supporting diverse shop types through context-sensitive policy and business strategies. While this study ensures internal validity and reliability through systematic coding and stakeholder feedback, it acknowledges limitations in its generalisability. Future research may build on this work through comparative studies, longitudinal tracking, and direct engagement with nanostore owners and their communities to further understand the dynamics of their identity and their resilience in evolving retail landscapes. Full article

In informal economic contexts, migrant entrepreneurs have been extolled as highly resilient and adaptable. This study critically investigates the adverse psychological foundations inherent in such enterprises, focusing on how dark triad personality traits emerge in the leadership orientations of marginal migrant entrepreneurs. Following a qualitative ethnographic approach, this research engaged 10–15 migrant employees through participant observation, field notes, and semi-structured interviews in an informal economic context. Thematic analysis revealed five dominant patterns: narcissistic leadership with entitlement and emotional disrespect; Machiavellian behavior of manipulation and deception; psychopathic detachment in emotional callousness; absence of light triad actions such as empathy, humility, and selflessness; and moral disengagement through rationalizations such as “everyone does it” or system blame. Migrant business owners prefer to rationalize their exploitative acts as being necessary for economic survival, thus legitimizing immoral conduct and suppressing moral self-regulation. The findings indicate that marginality not only drives entrepreneurial innovation, but also has the potential to create exploitative inclinations that are institutionally and morally unchecked. Solving this issue requires not only mere psychological awareness, but also systematic reforms that foster ethical robustness and emotional sensitivity. This study ultimately asserts the need to reframe migrant entrepreneurship discourse, including both ethical and psychological accountability. Full article

The empowerment of rural women through sustainable entrepreneurship is pivotal for fostering economic development and social transformation in developing communities. This study examines the impact of university social responsibility (USR) programs on strengthening sustainable entrepreneurship among rural women, emphasizing the mediating role of economic empowerment. Utilizing a structural equation model (SEM), we explore causal pathways between USR interventions, entrepreneurial capacities, and the sustainability of rural businesses. Key dimensions analyzed include economic resources, social networks, and psychological self-efficacy, as well as their interrelation with community development. The findings demonstrate that multidimensional USR programs integrating technical training, social support, and economic resources significantly enhance entrepreneurial resilience and value chain integration. Notably, the analysis reveals that economic empowerment mediates the relationship between USR programs and business sustainability, with improvements in community participation and ICT quality identified as critical drivers. Furthermore, the post-intervention results highlight a shift from technology access challenges to a focus on ICT content quality and psychosocial development, reflecting maturity in community adaptation and resource utilization. This research provides empirical evidence supporting the effectiveness of USR programs in catalyzing sustainable transformations in rural contexts. The results offer actionable insights for designing targeted interventions that integrate technical, social, and economic dimensions, contributing to the advancement of sustainable entrepreneurship and rural development theory. Full article

Community enterprises play an essential role in advancing sustainable development; however, limited strategic frameworks impede their ability to integrate economic, social, and environmental objectives effectively. This study explores the strategic roles undertaken by community enterprise entrepreneurs to address this gap. Adopting a mixed-methods design, this research integrates qualitative data from in-depth interviews and participatory observations with quantitative analysis based on 215 standardized survey responses. The findings reveal consistent emphasis on five critical strategic roles: vision and goal-setting, resource management, networking and collaboration, innovation leadership, and strategic leadership, with mean ratings between 4.45 and 4.54 on a five-point Likert scale. Qualitative insights further illuminate how entrepreneurs leverage these strategies to optimize resources, foster cross-sector partnerships, drive innovation, and strengthen organizational resilience. Policy recommendations include enhancing infrastructure, developing entrepreneurial capacity, and promoting multi-sectoral ecosystems to support community enterprises. This study contributes to the theoretical discourse by proposing a five-dimensional strategic entrepreneurship model for sustainable community development, offering practical guidelines for policymakers and entrepreneurs seeking to foster resilient, inclusive, and sustainable local economies. Full article

This study reviews various academic discussions utilising distinct interpretations of entrepreneurship and resilience. The inadequacies of contemporary literature are explored and avenues for subsequent studies are offered in light of these discussions. Notable shifts in literature across themes, eras, and contexts have been documented. The body of literature has been steadily expanding over time, with a significant portion of research included in this SLR published from 2010 to 2024, which was not considered in earlier SLRs. A methodical, multidisciplinary evaluation of 44 publications divided into multiple academic dialogues was conducted to lay the groundwork for critical examination of each field of study. Resilience in the modern era encompasses not only the power to bounce back from stressful situations and adjust to a changed environment but also the dynamic process to improve learning capacity and foster personal development through continuous self-improvement, the acquisition of novel experiences and a forward-leaping framework. These findings contribute to the clarification and critical analysis of the current state of entrepreneurial resilience which will have several policies implications. 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

This study investigates how displaced women entrepreneurs in Ethiopia’s fragile institutional environment apply effectuation principles to sustain their businesses. Through analysis of five effectuation dimensions, we find that while affordable loss strategies and means orientation enhance business resilience, traditional effectuation approaches like partnership formation and rigid control mechanisms often prove ineffective in displacement contexts. This research makes three key contributions: first, it extends effectuation theory by identifying how institutional fragility fundamentally alters the utility of entrepreneurial strategies; second, it reveals displaced women’s innovative adaptations through informal networks and risk-minimising approaches; and third, it challenges universal applications of effectuation principles in crisis settings. This study contributes to sustainable entrepreneurship by demonstrating both the relevance and constraints of effectuation theory in crisis-affected environments. It underscores the importance of flexible, resourceful strategies for women entrepreneurs navigating systemic challenges, offering insights for policymakers and support organisations. Practical implications include designing capacity-building programmes that promote adaptive strategies, such as risk management and resource optimisation, while addressing the challenges of partnerships and rigid control mechanisms. By aligning with the goals of sustainable development, this research not only highlights the potential of effectuation principles but also unravels their limitations, providing a nuanced understanding of how entrepreneurial strategies can foster resilient livelihoods and sustainable economic practices in crisis-affected regions. Full article

This study leverages the Theory of Planned Behavior (TPB) to investigate the variations in entrepreneurial intent (EI) among Romanian students, before and after the COVID-19 pandemic. By examining the interactions between attitudes, social norms (SocNorms), and perceived behavioral control (PBC), as represented in the TPB framework, we aimed to uncover what factors promote or hinder students’ decisions to pursue entrepreneurship. We examined these relationships across two cohorts (2018 and 2023) using structural equation modeling (SEM) on data collected through an online survey from a total sample of 383 Romanian bachelor students. Our findings indicate that PBC is a significant predictor of EI for both cohorts; however, attitudes have shown a direct but reverse influence for the 2023 group. This cohort, faced with isolation, unemployment, and resource shortages, has adapted by cultivating an innovation and perseverance mindset, positioning entrepreneurship as a viable solution. This study is one of the few longitudinal comparative investigations of EI in Romania during a significant societal crisis, offering insights into the evolving dynamics of young entrepreneurs, which can inform educational strategies and policies designed to nurture a new generation of resilient entrepreneurs. Full article

Our study investigates the drivers that foster the emergence of entrepreneurial responses to climate change among Indigenous communities. Indigenous peoples possess distinct worldviews and approaches to enterprise that prioritize community well-being and environmental stewardship over individual profit. Conventional entrepreneurship theories do not adequately capture Indigenous business approaches, leaving a limited understanding of how Indigenous communities merge traditional ecological knowledge with entrepreneurial activities to adapt to climate challenges. Through a systematic literature review (65 articles) and a case study of six Sri Lankan Vedda communities, we identified 15 key drivers that shape Indigenous climate-adaptive ventures and categorized them under five themes: (1) place-based relationships (resource stewardship, territorial connections, environmental risk factors); (2) intergenerational learning (traditional knowledge transfer, adaptation learning, collective experience); (3) community institutions (social networks, institutional support, overcoming the agency–structure paradox); (4) collective capacity (access to information, access to capital, community-oriented entrepreneurial traits); and (5) culturally aligned venture strategies (Indigenous business models, traditional products, local market relationships). Our study demonstrates how Vedda communities integrate entrepreneurship with cultural values to enhance climate resilience. Our research advances the field of Indigenous entrepreneurship while providing insights for policymakers and practitioners to support culturally appropriate climate adaptation strategies that enhance both community well-being and environmental sustainability. Full article

Based on the relevant framework of evolutionary geography, this article explores the direct effect of industrial diversification on urban economic resilience and its indirect effect on urban economic resilience through entrepreneurial spirit. The research finds that during the period from 2018 to 2023, cities with a stronger degree of industrial diversification demonstrated stronger economic resilience in the face of external shocks. Industrial diversification can not only disperse the risks from external shocks, but more importantly, it can stimulate entrepreneurial spirit, thereby promoting innovation and transformation in industries and enhancing the economic resilience of cities. Full article