Author: Sbongiseni Sanele Mtshali
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 178

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Author: Gustave Mungeni Kankisingi
Publisher:
ISBN:
Category : Entrepreneurship
Languages : en
Pages : 416

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Author:
Publisher:
ISBN:
Category : Electronic dissertations
Languages : en
Pages : 108

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Entrepreneurship -- Entrepreneurial orientation -- Business success

Author: Enock Joseph Musaana
Publisher: GRIN Verlag
ISBN: 3668051755
Category : Business & Economics
Languages : en
Pages : 68

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Book Description
Bachelor Thesis from the year 2014 in the subject Business economics - Miscellaneous, grade: A, , language: English, abstract: The myth that entrepreneurs are born, no more holds good, rather it is well acknowledged now that entrepreneurs can be created and nurtured through addressing issues such as opportunity identification and entrepreneurial orientation which has to a high degree potential to increase enterprise growth of SMEs. This research evaluated the effect on entrepreneurial orientation on the relationship of opportunity identification and enterprise growth. Data evaluated was collected through administering of questionnaires to 86 SMEs registered with the National Council for Construction (NCC). The outcome of this research has reviewed that there is a significant effect of Entrepreneurial Orientation (EO) on Opportunity Identification (OI) and Enterprise Growth (EG) relationship of SMEs in Zambia. This has been supported by Wiklund (2005) who retaliated the fact that empirically, research has found that there is an influence of EO on enterprise growth.

Author: Anna Ujwary-Gil
Publisher: Cognitione Foundation for the Dissemination of Knowledge and Science
ISBN: 8396659168
Category : Business & Economics
Languages : en
Pages : 125

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Book Description
Entrepreneurial experience and venture success: A comprehensive meta-analysis of performance determinants Abstract PURPOSE: In both theory and practice, the entrepreneur’s prior experience is considered to be one of the most important human capital factors affecting venture performance. Nonetheless, the research on the effect of experience on venture performance has produced inconclusive findings. The literature explaining this inconclusiveness is sparse, but several determinants have been identified, such as the variability in the conceptualization and measurement of experience and performance, age of the investigated ventures, types of industry, or size and composition of venture management. The inconsistency of these features across primary studies makes it difficult to compare the results and to integrate findings. METHODOLOGY: This meta-analysis reviews and summarizes 80 primary studies in order to investigate the relationship between entrepreneur’s experience and venture performance. We investigated the effect of five determinants of this relationship, namely the type of experience, type of performance, venture age, size of managerial team, and composition of managerial team. A random effect model was applied and the correlation coefficient was used as an indicator of effect size. FINDINGS: The study found that experience positively affected venture performance, although the magnitude of the effect was rather small. Venture performance showed to have the strongest significant relationship with start-up experience, followed by industrial, working, and managerial experience. International, functional, and entrepreneurial experience had a non-significant effect on venture performance. Moreover, the effect of experience on venture performance was not significant for older ventures. Experience significantly affected two types of venture performance, namely the size of venture and profitability, while the effect on growth was non-significant. Finally, of all the types of venture management, the experience of owner-inclusive entrepreneurial teams had the greatest effect on venture performance. IMPLICATIONS: Investor practitioners may find it helpful to assess entrepreneurs’ experience within a broader context, taking account of the types of experience the entrepreneur possesses. Entrepreneurs’ international, functional, and entrepreneurial experience should be considered very carefully, as they had a non-significant effect on venture performance. In contrast, having experience of founding a venture or of a particular industry seems to provide more value than experience of doing business internationally, or being in business for many years. Another important aspect that investors and venture capitalists should take into account is the size and composition of the entrepreneurial team and the extent to which the venture proposal reflects the different types of experience the team members possess. ORIGINALITY AND VALUE: The study contributes to the human capital literature by firstly attempting to examine systematically the overall magnitude of the relationship between entrepreneur’s experience and venture performance. It also contributes by investigating the determinants of the relationship between experience and venture performance. It summarizes and combines previous inconclusive findings about the impact of different types of experience on different venture performance outcomes. Keywords: entrepreneurial experience, venture performance, entrepreneurship, human capital, learning by doing, meta-analysis, start-up, investor decision-making, performance, knowledge generation Entrepreneurial orientation and SME export performance: Unveiling the mediating roles of innovation capability and international networking accessibility in the brass industry Abstract PURPOSE: This paper answered the research gap on entrepreneurial orientation with a sample of small and medium-sized enterprises’ (SMEs) export performance and the mediating role of innovation capability and international networking accessibility that has not been tested in previous research. This study also tested the effect of entrepreneurial orientation on SMEs’ export performance in the global market. The mediating role of international networking accessibility and innovation capability on SMEs’ export performance also became another focus of this study. METHODOLOGY: This paper implemented a quantitative approach with 282 owners or managers of the SMEs brass industry cluster in Boyolali, Indonesia, who were examined using purposive sampling. FINDINGS: The findings of this study revealed that entrepreneurial orientation did not significantly affect SMEs’ export performance but did significantly affect innovation capability and international networking accessibility. Another empirical test found that innovation capability had significantly affected SMEs’ export performance and the international networking accessibility. International networking accessibility also significantly affected the performance of export SMEs. This study also found an important mediating role of international network accessibility and innovation capability in the relationship between entrepreneurial orientation and SMEs’ export performance. IMPLICATIONS: This study contributes to research investigating the effect of entrepreneurial orientation on performance by conducting in-depth studies on innovation capabilities and international networking accessibility. Many studies have tested the mediating role of innovation capability and international networking accessibility. The practical implication of this study is that it can help managers or owners of SMEs better understand and find optimal solutions through enhancing innovation capability and international networking accessibility, which can be instilled in the characteristics of SME owners or managers to improve performance. ORIGINALITY AND VALUE: The results of this study indicate the mediating role of innovation capability and accessibility of international networking on SMEs’ export performance. Therefore, the main contribution of the study is to determine the mediating role of innovation capability and international network accessibility in the relationship between entrepreneurial orientation and performance by integrating the theoretical perspective of the resource-based view (RBV). Keywords: entrepreneurial orientation, SME export performance, innovation capability, international networking accessibility, brass industry, Indonesia, resource-based view, RBV Relationship between knowledge transfer and sustainable innovation in interorganizational environments of small and medium-sized enterprises Abstract PURPOSE: The trends promoted for the strengthening of capacities that allow the interaction and valuation of knowledge as an intangible asset, deserve a management based on its transfer as a basis that drives innovation. Based on this, the purpose of the study is to examine the relationships between knowledge transfer (KT) and sustainable innovation (SI) in interorganizational contexts of small and medium-sized companies. METHODOLOGY: A process was carried out through the application of a questionnaire addressed to managers and owners of 109 small and medium-sized companies of activity in management and the development of information and communication technologies in two regions of Colombia. To show the significant differences between the two selected populations, a non-parametric Mann-Whitney test for independent samples was applied. Likewise, an application of the K-means algorithm was used to group the variables into subsets. The study of the data was complemented with the multivariate technique and the principal components analysis (PCA) to validate the contrasting of the declared hypotheses. FINDINGS: The results determine that by means of the Mann-Whitney non-parametric test for independent samples there are significant differences between the two selected populations. Likewise, the positive correlation between the variables of knowledge transfer and innovation is confirmed, as well as designing the interactions and the flow of processes between the components that support the aforementioned variables from the theoretical and empirical approach, whose interaction capacity between them has to promote the innovative potential under sustainability principles in small and medium-sized enterprises. IMPLICATIONS: Based on the results of the research carried out, scenarios are promoted through which it is sought to strengthen the interorganizational management of small and medium-sized enterprises, minimizing the barriers that weaken their stability. As well as promoting new ways of valuing knowledge as an intangible asset that, when transferred, generates effects in innovation management as part of the strengthening and interorganizational sustainability of small and medium-sized enterprises. ORIGINALITY AND VALUE: It is based on the generation of value through the proposal of a design of a system of relations between the components that promote the transfer of knowledge and sustainable innovation. Its structure is based on empirical results that allowed defining five strategic stages that show the relationships between the components that promote interorganizational and competitive management of tangible and intangible assets available in small and medium-sized enterprises. Keywords: knowledge transfer, sustainable innovation, interorganizational environments, knowledge management, Small and Medium-sized Enterprises, SMEs, intangible assets, Colombia Comparative analysis of national innovation systems: Implications for SMEs' adoption of fourth industrial revolution technologies in developing and developed countries Abstract PURPOSE: This study aims to identify the differences and similarities in the innovation systems of developing vs. developed countries that influence SMEs’ adoption of Fourth Industrial Revolution (4IR) technologies. There is a notable absence of comparative research between National Innovation Systems (NIS) of developing and developed countries. Additionally, the current scholarly conversation lacks a holistic view of NIS. Our study aims to fill these gaps by employing Lundvall’s framework to explore both developed and developing countries’ systems comprehensively. METHODOLOGY: The data was collected through a Systematic Literature Review, identifying a total of 695 publications from SCOPUS, Web of Science (WoS), and ProQuest. The PRISMA process was adhered to, resulting in 32 papers undergoing quality evaluation using Gough’s ‘weight of evidence’ guidelines. Twenty-nine primary papers were selected, comprising twelve from developed countries, another twelve from developing countries, and the remainder from both categories. Using Qualitative Meta-synthesis (QMS) with ATLAS.ti, a systematic alignment of codes with research inquiries pertaining to NIS ensued, revealing a multifaceted spectrum of findings across these scholarly investigations. FINDINGS: We found that there are similarities and differences between the innovation systems of developed and developing nations. The similarities include the intra-firm interactions taking place between managers and workers, inter-firm relations between the SMEs and Academia and other SMEs, as well as the role of the government in providing funding and regulation (albeit at significantly varying degrees). The most significant differences observed were in the funding mechanisms, the role of the government, and the R&D systems. It was found that governments in developed countries provided SMEs with substantial incentives, tax credits, and subsidies to adopt 4IR technologies, which appears to positively impact the adoption rate. We conclude by developing a conceptual framework for the NIS necessary for the adoption of SMEs’ 4IR technologies in developing countries. IMPLICATIONS: This study contributes to the literature on innovation systems by examining the NIS of both developed and developing countries. This analysis allows us to gain deeper insights into how specific aspects of each country (developed or developing) affect (positively or negatively) SMEs’ adoption of 4IR technologies. Practically, it informs governments in developing countries on which aspects to focus on in their NIS to increase the rate of the adoption of 4IR technologies by SMEs. ORIGINALITY AND VALUE: A distinctive aspect of this study lies in the creation of a comprehensive conceptual model delineating the essential components of the innovation system pivotal for the successful integration of 4IR technologies within SMEs. This model is designed to serve as a practical tool for governments in developing countries, providing a structured framework to facilitate and enhance the strategic development of their innovation landscapes. Keywords: national innovation systems, fourth industrial revolution technologies, SME, adoption, developed countries, developing countries, comparative analysis, government policies, Lundvall’s framework, qualitative meta-synthesis Social cognitive career theory and higher education students’ entrepreneurial intention: The role of perceived educational support and perceived entrepreneurial opportunity Abstract PURPOSE: This study aims to integrate insights from the Socio-Cognitive Career Theory (SCCT) and entrepreneurship literature to develop a research framework of how perceived entrepreneurial opportunities (PEO) and perceived educational support (PES) shape the progression of entrepreneurial self-efficacy (ESE) and entrepreneurial career interests (ECI). Additionally, this study investigates whether ECI mediates the effects of PEO and PES on entrepreneurial intention (EI) and how PEO and PES moderate the effects of ESE and ECI on EI. METHODOLOGY: A sample of 888 university students was recruited from Vietnam. Cronbach’s alpha and confirmatory factor analyses were adopted to test the reliability and validity of the scales. Structural equation modeling (SEM) is then used to test formulated hypotheses. FINDINGS: The current study demonstrates that ESE and ECI directly trigger EI. Although PES and PEO did not directly impact EI, their influence on EI was mediated through ESE and ECI. In addition, PEO was found to act as a positive catalyst for the transformation of ESE and ECI into EI. The greater the entrepreneurial opportunities students perceive, the more likely they are to convert ESE and ECI into intentions to become entrepreneurs. IMPLICATIONS: This study makes a significant contribution by emphasizing the relevance of the SCCT framework in understanding entrepreneurship and brings to the forefront the role of PES and PEO in shaping the progression of ESE, ECI and, ultimately, EI. In addition, the findings of this study provide practical implications for nascent entrepreneurs, entrepreneurship educators, and policymakers. ORIGINALITY AND VALUE: This study is one of the first to investigate the role of PEO and PES in the development of Vietnamese students’ SES, ECI and, ultimately, their intention to engage in entrepreneurship. Keywords: entrepreneurial intention, social cognitive career theory, perceived educational support, perceived entrepreneurial opportunities, entrepreneurial self-efficacy, entrepreneurial career interests, structural equation modeling, SEM Entrepreneurial intentions of students from Latvia, Poland, and Ukraine: The role of perceived entrepreneurial education results Abstract Purpose: Our main aim is to establish which factors influence entrepreneurial intentions, with a particular focus on the role of entrepreneurial education and university support in Central and Eastern European countries (CEE). An additional aim is to determine the differences in these perceptions between students from seemingly similar but rather different CEE countries. Methodology: We based our study mainly on two theory constructs, namely the entrepreneurial support model (ESM) and entrepreneurial self-efficacy (ESE). Both concepts often appear in research on entrepreneurial intentions, but they are not used together. Moreover, we proposed a new education-related factor – perceived entrepreneurial education results (PEER). To verify hypotheses quantitative research was conducted using surveys among 2,085 first-year undergraduate students from three technical universities in three countries: Latvia, Poland and Ukraine. Findings: The results of the study indicate that entrepreneurial self-efficacy, perceived entrepreneurial education results, and perceived educational and relational support all influence the intention of students to launch a venture. The research did not provide support for the hypothesis of an impact of perceived structural support (PSS) on intentions. The impact of perceived educational and relational support appeared to be less important than the impact of ESE and PEER on intentions. Additionally, we identified that there are significant differences between students from the analysed countries. Implications for theory and practice: Our research has identified a new factor, not previously used in studies of entrepreneurial intentions, that is, perceived entrepreneurial education results. This new factor can be used in research as a complement to self-efficacy and it refers to hard skills related, in this particular case, to entrepreneurship. The results show the importance of the national context, implying the need to take this into account when modelling support policies at a national level. The findings can be used to remodel how this knowledge is delivered to young people. Originality and value: Firstly, we proposed the inclusion of a new education-related component called perceived entrepreneurial education results, which can examine the perceived results of education at any level, in our case, at the secondary school level. Secondly, we showed the stronger influence of factors related to perceptions of one's own skills than perceptions of support from the environment. In addition, we demonstrated that making judgements or recommendations about entrepreneurial support, for rather similar countries, should be considered separately. Furthermore, we conceptualised the three aspects ESE, PEER and ESM in a new way. Finally, we also proved that the role of individual factors varies from country to country, even if the countries belong to the same cultural background and share a similar past experience. Keywords: entrepreneurial intentions, entrepreneurial education, perceived entrepreneurial support model, entrepreneurial self-efficacy, perceived entrepreneurial educational results, Central and Eastern European Countries, CEE countries, comparative analysis

Author: Deepak Kaushal
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Numerous studies in the strategy literature have investigated the effect of entrepreneurial orientation on firm performance (Rauch, Wiklund, Lumpkin & Freese, 2009; Saeed, Yousafzai & Engelen, 2014). The present study is an attempt to examine the relationship amongst entrepreneurial orientation, innovation capability and SMEs performance. The researchers distributed 500 questionnaires to SMEs from various industries. The study was carried out among entrepreneurs of SMEs across Uttarakhand. Sample was drawn from the list of firms" published by Directorate of Industries, Uttarakhand using random sampling technique. Of the 500 questionnaires distributed, 234 respondents filled the questionnaire, constituting the response rate of 46.8 percent. The findings demonstrate a positive and significant impact of entrepreneurial orientation and innovation capability on SMEs performance. The present study empirically demonstrates the importance of entrepreneurial orientation and innovation capability in enhancing SMEs performance. The study advocates that entrepreneurial orientation and innovation capability paves the way to analyze market needs and facilitates firm's processes and operations to effectively cater to the market, and eventually contributes to better performance. The study further advocates that in order to improve SMEs performance, the firms must pay serious attention to having an entrepreneurial orientation and directing this orientation towards matching the market needs with firm's internal capability in order to enhance its performance. The study also offers a holistic view on the importance of innovation capability in enhancing SMEs performance in developing countries like India.

Author: Oluwafemi Joshua Dele-Ijagbulu
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The business environment in South Africa (SA) is characterised by limited resources, high uncertainty and stiff competition which have contributed to the high level of unemployment in the country. The economy is generating few jobs. Across different spheres of society 0́3 academia, industry and government 0́3 emphasis is being placed on entrepreneurship and small businesses as drivers of economic growth and employment creation. Scholars of entrepreneurship have used entrepreneurial orientation (EO) widely to delineate firm-level entrepreneurial behaviour and intensity using the uni-dimensional and multi-dimensional conceptualisation. EO as a consolidated construct is confirmed to have a relationship with the performance of businesses. However, business performance does not translate into business growth nor is it the same as employment growth. It appears that the association between EO and employment growth has attracted less attention in research despite its importance to theory and practice. In addition, studies on the antecedents of EO 0́3 such as its relationship with task environment variables and its consequences on employment growth 0́3 are limited in SA. Hence this study examines the nexus between the environment, the sub-dimensions of EO and employment growth. It hypothesises relationships between two environmental variables: dynamism and hostility and five dimensions of EO: innovativeness, pro-activeness, risk-taking, competitive aggressiveness and autonomy. Similarly, it tests the relationships between these dimensions and employment growth; directly and as moderated by environmental dynamism and hostility. To a greater extent, it considers established SMMEs that have transited through the survival phase into the growth phase of business operation. Using a survey method, data is collected from small business across SA from which 1031 SMMEs were considered for statistical analysis and this entailed the use of descriptive techniques that measures central tendencies and inferential techniques such as correlation analysis factor analysis, regression analysis and partial-least-square structural equation modelling and graphical illustration with use of pie charts and bar charts. The sample consists of service and non-service sector businesses but professional and consulting services constitute close to a third of the sample. Findings from this study reveal that SMMEs in SA display a moderate to high EO and only four of its dimensions (proactive-innovation, risk-taking, competitive aggressiveness and autonomy) were visible statistically. Statistically significant relationships were found between environmental hostility and dynamism and the dimensions of EO for the entire sample. The relationships between the dimensions of EO and employment growth were statistically insignificant except for medium-sized businesses (MSBs) in which proactive-innovation and competitive aggressiveness indicated a statistically significant negative relationship with employment growth. In conclusion, this study contributes to the understanding of EO as a construct given that it considers the environment as its antecedent. It lays emphasis on the multi-variate relationships between environmental hostility, environmental dynamism, and each of the dimensions of EO. From a methodological perspective, this study employs an objective approach to measuring employment growth using Gibrat0́9s law. It demystifies the complex relationships between the business environment and the dimensions of EO and concomitantly sheds light on employment growth. It amplifies the role of the environment in small business development and identifies the dimensions of EO that could deemed relevant to employment generation. Finally, it advocates the need for context-specific entrepreneurial strategies to develop components of the SMME cohort and effective promotion of job creation.

Author: Anastasios Siampos
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Organisational performance has been the focal point of research for many years. Throughout the development of business studies, marketing has been suggested to play a key role in improving business performance. However, previous studies are inconclusive about the impact of specific organisational phenomena on company's performance. Moreover, some complexities should be considered, like the interrelationships between orientations, marketing capabilities, and competitive positioning.

Author: 蔡芳綺
Publisher:
ISBN:
Category :
Languages : en
Pages : 122

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Author: Orlando Lima Rua
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :

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This chapter assesses the important contribution of entrepreneurial orientation's strategic determinant that influences export performance. Based on survey data from 247 Portuguese small- and medium-sized enterprises (SMEs), findings suggest that entrepreneurial orientation has a positive and significant influence on export performance. This study deepens our understanding and provides novel insights into entrepreneurship and strategic management literature, since it combines multiple factors and has obtained the importance of each construct in SMEs business growth. Moreover, this chapter presents further evidences of the strategies that small firm managers should pursue and policy makers should promote.