Search Results (22)

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

Youth migration has significant consequences that lead to depopulation and less sustainability of local business, which is particularly pronounced in rural areas. All of this contributes to the potential devastation of rural communities, an impact that could be highly significant and far-reaching. Entrepreneurship and the innovation it brings with it can be important markers for effective rural development if changes are needed. Therefore, the primary objectives of our research were to determine how socio-demographic factors determine the attitudes of young rural people regarding openness to entrepreneurship, whether young rural people believe they have the ability to engage in entrepreneurship and take actionable steps, and what is the relationship between openness and entrepreneurial capacity. The research was conducted from December 2023 to May 2024 among 299 participants in rural areas of two neighboring countries, Serbia and Croatia. The results indicate various factors that influence rural youth’s openness to entrepreneurship, such as unemployment, age and country of origin. Also, the results show a positive correlation between openness to entrepreneurship and the perception of personal capacities for entrepreneurial activities. In addition, the study found significant differences between respondents from Serbia and Croatia in the assessment of personal capacities for entrepreneurial activities. The results of this research contribute to a deeper understanding of how young people perceive and experience life in rural areas, and highlight potential challenges related to their specific needs. This insight enables key stakeholders to design programs that support youth in starting businesses and sustaining entrepreneurial ventures. Furthermore, the study offers both a theoretical and practical basis for future research, serving as a valuable guide for the improvement of rural communities, that is, guidelines for strategies that focus on inclusive development based on the revitalization of social frameworks. Full article

As social enterprises are established for the purpose of solving local problems, the sustainability of social enterprises is also important for local development. In order to increase the sustainability of social enterprises, performance improvement is necessary, and research on finding leadership styles suitable for social enterprises continues to be an important method of performance improvement. However, despite considerable interest in social enterprises over the past few decades, no consistent conclusion has been reached about what leadership style is appropriate for social enterprises. The present study aimed to find a suitable leadership style for social enterprises within the major leadership styles recognized in commercial enterprises. This study investigated the impact of the three major leadership styles in commercial enterprises on satisfaction and performance in social enterprises. Based on prior research, transformational leadership, with its capacity to promote change and support the achievement of goals, was considered appropriate for social enterprises, and entrepreneurship was also considered as challenge is important for balancing economic and social purposes. Servant leadership also focused on the importance of providing support for employees on the basis that employees’ success is the success of social enterprises. In this study, in order to broadly understand the performance of different leadership styles, job satisfaction and leader satisfaction were considered at the individual level, and economic performance and social performance were considered at the firm level. To support the argument of this study, the researcher aimed to survey employees who perceive a leader as possessing leadership qualities in social enterprises. For this purpose, a survey on transaction leadership was conducted among employees who participated in a three-week training session related to social enterprises. And on the last day of training, three leadership and four outcome variables were surveyed. Analyzing data form 170 respondents in 52 social enterprises whose evaluation of their leader’s transactional leadership was higher than the average, the present study found that transformational leadership had a positive relationship with all four variables considered as leadership outcomes. And this study found evidence that entrepreneurship had a positive relationship with job and leader satisfactions, but the impact of entrepreneurship on economic and social performance was insignificant. However, servant leadership had a positive relationship with leader satisfaction and social performance, but the impact of servant leadership on job satisfaction and economic performance was insignificant. These results contribute to confirming that the emphasis on leadership styles in commercial enterprises can effectively operate in social enterprises as well, and that the effectiveness of leadership can vary depending on the desired outcomes. Full article

The complexity of today’s world demands a shift in education from knowledge acquisition to competency development for students to effectively address profession-related challenges. In particular, there is a need for social entrepreneurs who can act as catalysts for change in complex environments. Understanding the elements that shape students’ perception of themselves as social entrepreneurs allows us to grasp their capacity as catalysts for transformative action. The main purpose of this research is to showcase the findings of a diagnostic investigation carried out on a group of Mexican university students, assessing their perceived proficiency in social entrepreneurship and its sub-competencies. The study examined whether age or discipline influenced the perception of entrepreneurship in 328 students. The results revealed that age and study discipline played a crucial role in shaping students’ perception of their competency achievement. Younger students tended to perceive their abilities better, while advanced semester students were more cautious in assessing their entrepreneurial competencies. The trend also extended to sub-competencies, with younger students tending to perceive their social skills positively, while older students focused more on practical knowledge such as the economic and administrative aspects of entrepreneurship. Students in business also tended to view their skills more positively compared to students in other disciplines. The findings highlight the need to promote women’s social entrepreneurship and emphasize the importance of considering these relevant elements that are crucial to the concrete reality of potential female entrepreneurs. The study has significant implications for policymakers, educators, and researchers interested in promoting social entrepreneurship among women, particularly in the Latin American context. Full article

Entrepreneurship can provide a creative, disruptive, problem-solving-oriented approach to the current economic, environmental, and social challenges of the world. This article aims to provide an analysis about the way universities can have an impact on developing entrepreneurial competence in students through extracurricular activities. The research relies on a questionnaire survey of students at the University of Petrosani, who participated in a range of entrepreneurial activities both online during the COVID-19 pandemic and face-to-face afterwards. The methodology consisted of applying principal component analysis to reduce the dimensionality of the indicators, followed by classification of the respondents through cluster analysis and training of a feedforward neural network. After finishing the network-training process, the error was minimized, resulting in three classes of respondents. Furthermore, based on the three classes, follow-up conclusions, policies, and decisions can be issued regarding the perception of entrepreneurship at the societal level, which is beneficial for academia and entrepreneurs, as well as for future research undertaken in this field. The key conclusion of our research is that entrepreneurship education is a real facilitator of the transition to sustainable entrepreneurship. Students perceived meeting successful entrepreneurs as being among the most effective extracurricular activities, assessing online activities as useful, and the field of study proved to be an important factor in their entrepreneurial intention. Full article

Social enterprises are gaining great importance, since they can efficiently solve social problems and help reduce unemployment. Thus, it is important to discover how social entrepreneurial intention (SEI) can be enhanced. In this paper, a model of the impact of entrepreneurial education (EE) on SEI is formulated by relying on the human capital theory. It is hypothesized that EE acts on SEI directly as well as indirectly by increasing the perceived importance of social entrepreneurship (PISE). The model was evaluated on a sample of 400 students from the Republic of Serbia, and Bosnia and Herzegovina. The analysis was conducted using partial least squares structural equation modelling (PLS-SEM). In addition, a multigroup analysis was conducted in order to establish differences in the proposed relationship between countries. The obtained results indicate a positive impact of EE on SEI and a positive impact of PISE on SEI in both observed countries. The influence of EE on PISE, as well as the indirect effect of EE on SEI through PISE, was confirmed in Serbia, but not in Bosnia and Herzegovina. The results of this paper justify further government investment in the development of educational programs. This paper also gives recommendations to universities, educators, and researchers. Full article

Social entrepreneurship had been acknowledged as an important solution to highlight various social issues, which many are compounded by the COVID-19 pandemic. Locally, the Malaysian government launched the first Social Entrepreneurship policy framework in 2015 with an allocation of RM 20 million to produce 1000 social enterprises by 2018. However, as of June 2022, the reported number of social enterprises in Malaysia was only 414. This raised questions on the viability of the agenda. Nevertheless, in April 2022, the government expressed continued political will by launching the Malaysian Social Entrepreneurship Action Plan 2030 (SEMy2030). To ensure success, it is important to understand the determinants of social entrepreneurship intention, especially among youth, the leaders of tomorrow. A previous study on another emerging economy observed changes to the social entrepreneurship dynamics due to the COVID-19 pandemic. Thus, the analysis for this study was performed following a longitudinal design on a sample of 486 respondents before and after the COVID-19 pandemic. The findings found Social Awareness, Self-Efficacy, Prior Entrepreneurship Experience, and Cosmopolitanism consistently to be significant determinants of Social Entrepreneurship Intention both pre- and post-pandemic. Meanwhile, Perceived Social Support became significant post-pandemic. Furthermore, gender was found to have a moderating role in several relationships. These insights can lead to the formulation of effective policies and programs to encourage, as well as enable, new generations of social entrepreneurs. Full article

Entrepreneurship is an important issue in the economy of a developing nation. However, the development of entrepreneurs in Indonesia is still very low when compared to other countries. Therefore, the purpose of this research is to analyze the determinants of the Sustainable Youth Entrepreneurial Intention for Agricultural start-ups. Analysis was performed using the Structural Equation Model. In addition, an analysis of the main factors of interest for Sustainable Youth Entrepreneurship In Agricultural start-ups uses Smart PLS 3.2.9 on questionnaire data from 738 youth respondents in Indonesia. The results show that attitude, subjective norm, and behavioral control variables have a significant influence on the model of Shapero’s entrepreneurial event (perceived desirability and perceived feasibility) and the sustainable intention of entrepreneurship in agriculture start-ups. Based on the research results, this study can be a reference for practitioners in increasing their sustainable entrepreneurial intention by applying the significance activation method to increase academic behavior and interest. In addition, the government can socialize more projects and training programs or entrepreneurship programs to increase the interest of the younger generation in relation to agricultural start-ups as part of the strategy. Full article

This study aims to examine the effect of entrepreneurship education and artificial intelligence (AI) development on entrepreneurial intentions while investigating the mediating role of perceived behavioral control. The proposed model also accounts for individual and contextual socioeconomic factors. This study tries to fill the gap in the entrepreneurship literature, which is still lacking with respect to the impact of new technologies on entrepreneurship intentions and shows conflicting results regarding the influence of entrepreneurship education. Our study surveyed 223 business students in Lebanon. The context of this study is of high importance, particularly since the country is currently facing a deep, multifaced political, economic, and financial crisis, and entrepreneurship might be considered an important channel for generating basic sources of income, steering the recovery process, and increasing Lebanese resilience against this highly unstable economy. The structural equation modeling technique (SEM) was conducted to validate the hypotheses. The results show that perceived behavioral control fully mediates the relations between performance expectancy of AI solutions, entrepreneurship education, and entrepreneurial intention. Risk aversion and social support exert a direct impact on entrepreneurial intentions. The findings highlight the need to account for entrepreneurship education and AI development when analyzing entrepreneurial intentions. Full article

Cities operate in a competitive social environment requiring local authorities to adopt marketing strategies with significant economic ratings. City marketing that is related to the meaning of a city’s name encourages activities in the city or region. The present study adopted a quantitative survey on a sample of 152 employees in companies to explore how important marketing is perceived for a city’s development. The research was done in Trikala, a city in Greece. The key conclusion was that the more critical the participants consider the interventions in the city’s natural environment, the more they believe that the city can benefit from corporate sponsorships. Subsequently, it appeared that the more they support the interventions in the structured environment of the city, the less they consider that corporate sponsorships can benefit it. It was explained that structured interventions usually involve very high investments that require funding from the central government, as sponsorships are not enough. The most substantial positive relationship was found between the importance of interventions in employment, entrepreneurship and tourism, and the importance of business sponsorships. Full article

Intangible Culture Heritage (ICH) is defined as the collection of oral traditions and expressions such as epics, fairy tales, stories, arts, social practices, rituals and celebrations, events, knowledge, and practices related to nature and the universe, traditional medicine, folk medicine, traditional handcrafts, as well as personal experiences related to important historical events or cultural activities that shaped the historical and local identity. Under the UNESCO Convention for the Safeguarding of the ICH, nations are committed to developing inventories of ICH and working with local communities, groups, and individuals to preserve these traditions. In this paper, a platform is introduced that facilitates the collection of intangible ICH data, the formation of story-based narratives, and their presentation to the public via a web and mobile application, which offers Augmented Reality (AR) experiences. The platform aims to support the formation of user communities sharing common interests and to provide them with the appropriate tools for collecting pieces of ICH. Collected ICH resources and created narratives are modeled using semantic web technologies so that information can be perceived by third-party systems too. Furthermore, towards the dissemination of the platform, a real-world use case took place on the island of Rhodes focusing on the recent history of the island between 1912 and 1948 (WWII). The platform was implemented to support the goals of the project InCulture, funded by the EPAnEK Greek national co-funded operational program “Competitiveness Entrepreneurship and Innovation”. Full article

In the context of the intensely debated topic of the impact of entrepreneurship education on students’ entrepreneurial intentions, the current paper presents findings of the entrepreneurial intentions of a group of doctoral students and postdoctoral researchers from different fields of study enrolled in the SmartDoct project—an entrepreneurship education project co-financed through the European Social Fund and implemented by the University of Oradea, Romania, between 2019 and 2022. Our paper investigates individual-level determinants of the intention to become an entrepreneur, grounding in the social-cognitive, planned behaviour, and human capital theories. Using content analysis of semi-structured interviews, the paper offers insights into the narratives related to the entrepreneurial intentions of doctoral and postdoctoral researchers, including relevant suggestions regarding the impact of gender, field of study, perceived influence of behavioural control, social norms concerning social support, and of the role models. Our results document the capacity of entrepreneurial programmes to encourage business initiation via stimulating entrepreneurial self-efficacy, the importance of perceived behavioural control on explaining entrepreneurial intention, and the value of social support and of role models, as well as the salience of the gender and field of study in explaining the net effect of entrepreneurial training in the case of students enrolled in advanced research programmes. Full article

Economic diversification is vital in achieving sustainable economic development. This diversification is chiefly important for countries relying on natural resources for their economy, such as Qatar. Private enterprises, mainly through small-to-medium enterprises (SMEs), have been recognized as crucial and effective means for healthy economic diversification, stimulating economic development, and ensuring equal sharing and distribution of wealth. Recognizing the vulnerabilities within the current economic model has motivated Qatar to relentlessly diversify away from its heavy reliance on natural gas exports. Such diversified and sustainable development cannot be achieved without the contribution of women, who make up a significant percentage of the educated and talented population in this country. However, despite the conspicuous support the state has been providing them with in an aim to promote for their active economic participation as part of Qatar National Vision 2030, women’s full potential to contribute both socially and economically is either hindered or not fully acknowledged due to several socio-economic factors. There is a dearth of studies reporting on the perceived status, challenges, and access to needed resources by women entrepreneurs in Qatar. To address such scarcity, this study builds, in a first step, on a systematic literature review (SLR) to unlock themes related to women and entrepreneurship by analyzing 23 peer-reviewed articles concentrating on the cases of Qatar and the MENA region. Subsequently, a qualitative approach is followed to investigate and examine current successes and obstacles by interviewing 25 actual and aspiring women entrepreneurs in Qatar as well as 5 incubators and government representatives. In a final stage, and based on a design thinking approach and applying the gender-aware framework (known as the 5Ms framework), the paper proposes a preliminary conceptual framework to address the pertaining barriers and pave the way for more progressive policies to cater to the needs of women entrepreneurs and to further promote for sustainable development. Full article

While there have been some attempts at investigating and theorizing social entrepreneurial action at the base of the economic pyramid, our understanding of the processes contributing to the formation of social entrepreneurial intention in contexts of extreme poverty remain limited. In this study, we aim to address this gap by providing a better understanding of the formation of social entrepreneurial intentions of youths at the base of the economic pyramid. Drawing on a qualitative grounded approach, we highlight the role of self-confidence, perceived self-efficacy and social ascension beliefs as important drivers in understanding the formation of social entrepreneurial intention of youths at the base of the pyramid. At a practical level, our study suggests that besides developing entrepreneurship-specific knowledge, support mechanisms should also pay attention to the development of different self-related beliefs of youths to enable the formation of social entrepreneurial intention at the base of the pyramid. Full article

The literature emphasizes that tourism social entrepreneurs play an important role in the adoption of sustainable strategies to achieve social, environmental, and community development. Yet, there is limited research that aims to understand the relationship between local communities and tourism social entrepreneurship empirically. Building around social exchange theory and Weber’s theory of substantive and formal rationality, this study addresses the following research question: how do local communities perceive the role of tourism social entrepreneurship (TSE) in the development of ecotourism destinations? A total of 362 community employees of two ecotourism organizations in India participated in the survey. Analytically, this study validated the measurement model and tested hypotheses using structural equation modeling (SEM). The findings reveal that the economic benefits and environmental sustainability are the main influencing factors that are appreciated by the communities. However, we found variance in the community perceptions with regard to several factors being studied in the two TSEs we studied. This study recommends that in order to contribute to the development of ecotourism and local communities there is an urge to build strong ties among different stakeholders at the local level. Full article