Search Results (28)

African traditional entrepreneurship schemes have gained growing scholarly attention in recent times, with the Indigenous Igbo Entrepreneurship Scheme (IIES) recognized as the most impactful. Although scholars have explored various dimensions of the IIES, they agree that the phenomenon requires more exploration in order to position it properly in the global literature of entrepreneurship and support its adoption in other regions beyond the Igbo context. Currently, very few studies have investigated the roles, impediments, and possible solutions to the challenges faced by the IIES, and none is known that covers these three areas simultaneously. By deploying a mixed research method involving in-depth interviews with IIES enrollees and trainers, and a systematic literature review, this study proposes the 3Rs framework to the IIES. Thus, it anchors on the entrepreneurial venture creation theory and the multidimensional construct to explore the IIES’s relevance, restraints, and remedies. Several findings relating to the relevance of the scheme, such as its economic, social, financial, and environmental contributions, the restraints (informality, lack of regulation, eroding trust, and dwindling enrolment), and the remedies (including the formulation of regulatory policies, formalization of the scheme, talent hunting, and rekindling the spiritual side) are highlighted. Theoretical and practical implications are discussed. Full article

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

University female entrepreneurship has seen significant growth in Colombia in recent years. This study aimed to examine the psychosocial factors that determine the entrepreneurial intent of Colombian university women, specifically analyzing how entrepreneurial attitude mediates the relationship between these factors and the intent to engage in entrepreneurship using a structural equation modeling approach (SEM). A total of 409 university students from various higher education institutions in Colombia participated by completing an online survey. The results demonstrated that extrinsic motivation (β = 0.178 moderate intensity), family environment (β = 0.127 moderate intensity), innovation (β = 0.462 very intense), and intrinsic motivation (β = 0.117 low intensity) positively influence entrepreneurial attitude, which in turn has a significant positive effect on the intent to engage in entrepreneurship (β = 0.709 very intense). Furthermore, innovation, extrinsic motivation, family environment, and intrinsic motivation indirectly influence entrepreneurial intent through their impact on attitude. In conclusion, this study provides a deeper understanding of the psychosocial mechanisms that drive female entrepreneurship in the Colombian university context and lays the groundwork for the design of educational programs and public policies that enhance the talent and entrepreneurial aspirations of women in higher education. Full article

Drug discovery and development require significant costs and time, making investment acquisition crucial. However, there are few biopharmaceutical startups with high valuations in Japan. Unlike other countries, entrepreneurship in Japan is relatively inactive, and startups have a minimal presence in the drug-discovery field. Instead, in Japan’s innovation system, research and development (R&D) has been led by large incumbent companies, which are believed to have a wealth of promising assets and talent. This study tested the hypothesis that biopharmaceutical startups leveraging these assets and talent might be more attractive to investors by regression analysis using a dataset of Japanese unlisted biopharmaceutical startups. The results demonstrated that Japanese biopharmaceutical startups showed significantly higher valuations and total funding amounts if they were corporate spin-offs (CSOs). Additionally, they achieved significantly higher valuations and total funding amounts if their R&D lead persons had corporate backgrounds. These findings suggest that in Japan’s innovation system, which is centered on large companies, CSOs and startups leveraging R&D talent with corporate experience may be more appealing to investors. Full article

The Rural Revitalization Strategy is an important policy enacted by the Chinese government, aimed at bridging the disparity between urban and rural areas while enhancing economic, cultural, and social development levels in rural areas. Research evaluating return-to-hometown entrepreneurship policies is pivotal for facilitating the sustained flow and comprehensive sustainable development of capital, technology, and talent to rural areas within the Rural Revitalization Strategy framework. This study employs NVivo12 and the policy modeling consistency (PMC) index to analyze trends, characteristics, and policy tool utilization quantitatively, as well as regional differences or commonalities in 55 return-to-hometown entrepreneurship policies of 16 provinces and autonomous regions in China from 2013 to 2023. The content analysis of these policy texts reveals trends characterized by multistakeholder participation, an increasing emphasis on technology integration, and increased efforts toward talent retention. Overall, the results of the PMC model analysis indicate that the scores for return-to-hometown entrepreneurship policies across 16 provinces (municipalities and autonomous regions) are relatively high in terms of the indices of policy field, policy content, and policy tools, whereas the scores are comparatively low in terms of the indices of policy nature and policy timeliness. The remaining indices present moderate scores with slight differences. When examining the average scores between the eastern and central-western regions, it is observed that there is only a very slight difference in the index of policy timeliness and policy implementation. Additionally, the performance of eastern regions is superior in terms of the index of policy issuer, policy functions, and policy content. However, central-western regions demonstrate higher scores in the indices of policy nature, policy field, policy tools, and policy evaluation. Full article

This study investigates how green talent management influences green performance, green entrepreneurship, and the green organizational climate. Additionally, it analyzes the impact of green entrepreneurship and green organizational climate on green performance. The research also delves into the mediating roles of green entrepreneurship and green organizational climate within the framework of dynamic capability theory in the tourism and hospitality industries. Data were gathered from employees working in travel agencies and tour operators in Saudi Arabia, with a PLS-SEM analysis conducted on 788 valid responses. The results revealed that green talent management has a positive impact on green performance, green entrepreneurship, and the green organizational climate. Additionally, the study found that both green entrepreneurship and a green organizational climate positively influence green performance. Importantly, the findings underscored the partial mediating roles of green entrepreneurship and green organizational climate in the link between green talent management and green performance. This study enriches the literature by clarifying the mechanisms through which green talent management can be utilized to enhance green performance. Theoretically, the findings expand on dynamic capability theory by emphasizing the importance of green-focused human and organizational resources as dynamic capabilities that enable environmental adaptation and sustainable competitive advantage. Practically, these insights provide actionable implications for tourism and hospitality organizations seeking to improve sustainability practices through green talent management, green entrepreneurship, and a green organizational climate, thereby reinforcing the role of dynamic capabilities in achieving sustained green performance. Full article

The gradual integration of digital technology into traditional Chinese villages has triggered a shift in income distribution from labor to capital, posing challenges to the wage growth of employed peasants. Based on the theory of empowerment, this paper explores the mechanisms of credit availability and talent loss in the interplay between digital capabilities and wage augmentation among employed peasants. This study empirically examines or validates the mechanism of digital capabilities on wage growth for employed peasants through the entropy weight method, the OLS linear model, the mediation effect model, and propensity score matching while using survey data from 490 farmer entrepreneurs as samples. The findings are as follows. (1) The digital capabilities of farmer entrepreneurs have a significant positive impact on the wage growth of employed peasants, and this result remains robust after a series of robustness checks. In terms of hierarchical effects, digital foundational capabilities > digital application capabilities > digital innovation capabilities. (2) Credit availability and talent loss mediate the relationship between digital capabilities and wage growth for employed peasants. (3) The digital capabilities of farmer entrepreneurs who are young, highly educated, and have a low family-dependency ratio exert a more pronounced influence on the wage growth of employed peasants. Additionally, lower policy uncertainty enhances the effect of digital capabilities on wage growth for employed peasants. The study uncovers the empowerment mechanism of digital advancements embedded during the entrepreneurial journey, enriches research on digital capabilities and common prosperity, and provides a feasible path for governments to formulate reasonable entrepreneurship and digital promotion policies. Full article

The goal of this paper was to study the role of corporate social responsibility (by the example of responsible HRM) in the sustainable development of entrepreneurship through operational risk management. The correlation analysis method was used to find a close connection between the number of employees and operational risks to international companies from “Global 500” in 2021–2023. The regression analysis method was used to compile the economic and mathematical model of the sustainable development of international entrepreneurship, which demonstrated wide opportunities for operational risk management through responsible HRM. The method of trend analysis allowed determining scenarios of the sustainable development of international entrepreneurship, which demonstrated that in the Decade of Action, the success of operational risk management is largely determined by the activity of the use of responsible HRM practices. The main conclusion is that responsible HRM facilitates the reduction of operational risks to modern companies, but practices of responsible HRM have different impacts on operational risks to companies: some practices (creation of knowledge-intensive jobs and stimulation of the innovative activity of employees through support for research talents) reduce operational risks, while some practices (stimulation of the growth of labor efficiency and attraction of female researchers to the staff) have a contradictory impact, and other practices (development of human capital through corporate training) increase operational risks. The theoretical significance is because the paper discloses the previously unknown consequences of responsible HRM as a special sphere of manifestation of corporate social responsibility for the operational risks of companies. The practical significance is because the compiled scenarios disclose the perspective of the sustainable development of companies through the improvement of the management of their operational risks based on responsible HRM. The managerial significance is that the proposed recommendations from the authors for the practical implementation of the optimistic scenario can be milestones for companies and can be used to improve the practice of operational risk management of companies. Full article

Cultivating innovative and entrepreneurial talents has become the responsibility and mission of higher education. It reflects the effectiveness of education in terms of teaching quality, scientific prowess, and social service. Discipline competitions played a significant role in fostering innovation and entrepreneurship ability, serving as a crucial component of innovation and entrepreneurship education in colleges. This study used the food science and engineering major as an example to address the gap between theoretical knowledge teaching and the actual production process. It aimed to improve the poor performance of innovative practices by establishing a sustainable cultivation model for discipline competition programs. There needs to be an investigation into the conduct of disciplinary competitions and the students’ participation in them. Then, a model comprising a “theory + experiment + practice” course to guide students in participating in competitions should be formed. A rational and sustainable innovation team and a collaborative innovation platform for school–enterprise integration needs to be built. In order to achieve sustainable development education and cultivate applied talents who can solve complex problems in food engineering, the sustainable cultivation model was established. This work could serve as a reference for developing professional discipline competitions and fostering innovative and entrepreneurial talents for sustainable development. Full article

Balanced regional development affects high-quality and sustainable development. Previous studies have shown that regional talent allocation, technology business incubators, industrial ecology, cross-regional cooperation, and balanced investment in higher education have positive effects on sustained regional development. Therefore, discussing more influencing factors that promote regionally balanced development is necessary. As far as China is concerned, with the spread of the migrant population to the central and western regions, it is of certain significance to explore the factors affecting the development of the western region from the perspective of migrant entrepreneurs’ flow. Urban public services, as an important way for the government to attract talent, directly affect the residence intentions of migrant entrepreneurs in the future. This paper uses the matching data of the 2017 China Migrants Dynamic Survey and 289 prefecture-level city data from the China City Statistical Yearbook to study the impact of urban public services in the western region on the residence intention of migrant entrepreneurs and further examines the heterogeneous impact of urban public services in the western region on the residence intention of migrant entrepreneurs. We find that urban public services in the western region significantly affect the residence intention of migrant entrepreneurs; that is, the higher the level of urban public services, the stronger the residence intention of migrant entrepreneurs. According to the heterogeneity analysis of household registration differences, generational differences, family structure differences, employment identity differences, and industry and flow range differences, this paper finds that public services have a positive impact on the residence intention of non-urban migrant entrepreneurs, the older generation of migrant entrepreneurs, entrepreneurs with small family structures, migrant entrepreneurs in low-tech industries, self-employed entrepreneurs, cross-province migration, and intra-province migrant entrepreneurs. Further analysis indicates that the level of education, culture, medical care, and transportation services in cities significantly enhances the permanent residence intentions of migrant entrepreneurs. The research conclusion not only provides reference and inspiration for China to achieve common prosperity through entrepreneurship and poverty reduction practices, but it can also, to some extent, alleviate population aggregation in large cities and promote the formation of a scientific and reasonable urbanization pattern. In addition, this paper explores the attractiveness of public services to migrant entrepreneurs in the western region of China from the perspective of entrepreneurs’ mobility and complements the relevant research on promoting regional balanced development. Full article

Riyadh’s entrepreneurial ecosystem is one of the most important drivers of entrepreneurship and innovation in the MENA region, as Saudi Arabia aims to achieve economic diversification within its industry, and thus reduce its dependence on oil. This paper analyzes how Riyadh’s entrepreneurial ecosystem is achieving these goals and explores the differences between entrepreneurs and owner-managers operating in the Riyadh ecosystem to identify their strengths and weaknesses in guiding Saudi policymakers’ decision-making. Using GEM data for Saudi Arabia and analyzing the ten pillars (connectivity, leadership, knowledge, talent, finance, culture, formal institutions, services and intermediaries, physical infrastructure, and demand) of the Stem model, the authors applied ANOVA tests for the quantitative variables and Chi-squared tests for the qualitative variables and rescaled the results to 0–10-point scales for ease of interpretation. We found that among the ten pillars studied, there were four that have improved the most in the Riyadh entrepreneurial ecosystem: two systemic (networks, talent) and two environmental (physical infrastructure and formal institutions), while it was in the systemic pillars (leadership, financing, and knowledge) where the least progress has been made in the period 2019–2022. Full article

The objective of this study is to explore the interconnections among three pertinent topics in contemporary public policy, particularly within the European context: employability, entrepreneurship, and regional development. Initially, we conduct a bibliometric analysis to identify the primary trends in this field. Subsequently, we present and analyze a case study, namely the Innovation and Talent Retour Program (PIRT 2022), which is a public initiative aimed at attracting university graduates with prior international experience. This program is part of the Entrepreneurial Culture Programs offered by the Autonomous Community of Extremadura, located in Spain. By employing a questionnaire based on the EntreComp framework and involving a sample of university graduates’ beneficiaries of the program, we validate the measurement scale and investigate whether this project contributes to the development of entrepreneurial competencies among the participants. The insights gained from the obtained results inform future programs within the region, as well as other regions undergoing similar processes. This study delves into the theoretical and practical aspects of the role played by universities as key agents in fostering the sustainability of their respective territories. It is concluded that higher education must even assume a more proactive role in the future concerning the employability of its graduates and the overall development of the surrounding region in which it is located. Full article

The essence of Chinese entrepreneurship education is to build an “upgraded” version of higher education that can enable China’s modernization through innovations and the sustainable development of the planet, in order to comprehensively and scientifically measure the magnitude of the effectiveness of entrepreneurship education for training the innovative talent, investigate the influencing factors of efficiency, and uncover the existing problems. This study was based on The Entrepreneurship Competence Framework (EntreComp), conducting quantitative research on 606 typical students from 211 undergraduate universities in China who achieved recognition for entrepreneurship achievements at the provincial level or above. This study found that entrepreneurship education has a significant effect on students’ innovation and entrepreneurship literacy, and in descending order of effectiveness, it improves 15 literacies, such as initiative; these are categorized into three domains: innovative action, innovative resources, and innovative thinking. Meanwhile, the more in-depth the entrepreneurship education reform, the more significant the efficiency. Second, there are significant differences in efficacy against the background of different durations of participation, score rankings, and numbers of achievements. There are no significant differences in efficacy between different disciplines and educational backgrounds. Third, the experience of the project leader has a significantly positive effect on efficiency. The current lack of innovative team building is the main factor affecting the effectiveness of innovative talent training in China. Full article

Background: Innovation and entrepreneurship education is the fundamental way to apply talent training in colleges and universities. The improvement of innovation and entrepreneurship ability is the embodiment of the success of innovation and entrepreneurship education. This paper discusses the influence mechanisms of entrepreneurial consciousness, entrepreneurial motivation, and entrepreneurial cognition on innovation and entrepreneurship ability. It analyzes the effect of the entrepreneurial atmosphere on the relationship between entrepreneurial consciousness, entrepreneurial motivation, and innovation and entrepreneurship ability. Methods: Based on the data from 1944 questionnaires, we used SPSS24.0 and AMOS22.0 software to analyze the composition and influencing factors of college students’ innovation and entrepreneurship ability. We constructed a structural equation model for empirical research. Results: The results showed that the scale of innovation and entrepreneurship ability had good reliability and validity. Entrepreneurial consciousness, entrepreneurial motivation, and entrepreneurial cognition had significant positive effects on innovation and entrepreneurship ability. Entrepreneurial atmosphere plays a moderating effect in the process that entrepreneurial consciousness affects innovation and entrepreneurship ability and entrepreneurial motivation affects innovation and entrepreneurship ability. Finally, based on China’s national conditions, we proposed suggestions to improve college students’ innovation and entrepreneurship ability from the two aspects of education and base construction to provide a reference for colleges and universities to transport entrepreneurial talents to society. Full article

Entrepreneurship has been viewed as an opportunity for economic development and changing economic scenario in global markets. Women are viewed as a reservoir of entrepreneurial talents, so they can be growth engines in novel markets. Previous studies have considered entrepreneurship as the most effective way towards the economic empowerment of women. Female students engaged in entrepreneurial education have been addressed persistently, while what transforms them in an education process is still unclear. Considering the transforming global economy and its influence on higher education, this study aims to detect female students transforming entrepreneurial competency, mindset, and intention into sustainable entrepreneurship. Using a self-compiled survey, we targeted 752 female students to investigate their entrepreneurial competency, mindset, and intention. SPSS and AMOS were used to transform the data for interpretation. We assumed that the impact of female student’s entrepreneurial competency could be modified by an entrepreneurial mindset and result in entrepreneurial intention. To detect this causal relationship, this study employed reliability, factor, structural equation modeling (SEM), and bootstrapping analyses to verify the evidence. The result of the SEM confirms that the female students’ entrepreneurial competency will, through their entrepreneurial mindset, impact entrepreneurial intention. With bootstrapping, 5000 samples were collected, and it was demonstrated that the measure constructs were still reliable in the model. This study found that there is a mediation effect between entrepreneurial competency and entrepreneurial intention. The entrepreneurial mindset plays a crucial role in the transformation process. Without an entrepreneurial mindset, entrepreneurial competency cannot exert a significant effect on entrepreneurial intention. The findings can help reinvent related entrepreneurial education in higher education. Full article