Entrepreneurship Research Articles

Support factors contributing to successful start-up businesses by young entrepreneurs in South Africa.

Unemployment and restricted work opportunities for youth are enduring social challenges that affect health, well-being, and quality of life, especially in low- to middle-income countries. When considering the advantages associated with work as a determinant of health, unemployment is understood to contribute to occupational injustice. However, self-employment, hailed the solution to youth unemployment, is often necessity-driven, precarious in nature and restricted by the low success rate of business start-ups. Research was undertaken to explore factors perceived to contribute to the success of start-up businesses in an informal settlement in the Western Cape of South Africa. The importance of support in the success of business start-ups will be the focus of this article. A collective case study, using narrative interviewing and - analysis, was undertaken in South Africa. Two narrative interviews were conducted with each of the five participants who were youth entrepreneurs and founders of start-up businesses. Data analysis comprised the use of narrative analysis and paradigmatic type narrative analysis. Three themes captured factors deemed to have contributed to the success of start-up businesses. The vital role of support systems and networks in business success was demonstrated. Support systems included family, friends, role models, mentors, team members and business partners. Identification, utilization, and ongoing development of support structures available in the social networks of young entrepreneurs were perceived to have contributed to the success of start-ups.

Pengaruh Pengetahuan Perpajakan, Kesadaran Wajib Pajak Terhadap Kepatuhan Wajib Pajak UMKM Di Kecamatan Cileungsi

This study aims to examine the influence of tax knowledge and taxpayer awareness on the compliance of taxpayers of MSME actors in Cileungsi District. The object of this research is Individual Taxpayers who run businesses that are included in the category of Micro, Small, and Medium Enterprises (MSMEs) and are registered at KPP Pratama Cileungsi. The population in this study is 711 micro, small and medium entrepreneurs, the sample in this study is 88 respondents. Hypothesis testing uses multiple regression analysis. Data analysis using spss version 26. The results of this study are (1) The results of this study show that tax knowledge has a positive influence on the compliance of MSME taxpayers in the region, (2) The results of this study show that Taxpayer Awareness has a positive influence on the compliance of MSME taxpayers in Cileungsi District. And the results of the hypothesis test show that the significant level of F has a value less than α or that the Fcount is greater than the Ftable. It can be concluded that tax knowledge and awareness of tax payment obligations have a significant influence on the compliance of MSME taxpayers in Cileungsi District.

Parameters of sustainability: a systematic literature review and bibliometric analysis with respect to micro enterprises

Purpose The purpose of this paper is to perform a thorough analysis of the literature on the parameters of sustainability of the micro-enterprises. It seeks to provide an organizing framework to identify research gaps and future directions. Using data from Web of Science and Scopus, the study offers insights into key trends, authorship and thematic shifts, informing future research design and positioning. Design/methodology/approach Researchers used a systematic review methodology, gathering data from Web of Science and Scopus databases. R Studio software facilitated bibliometric analysis. This study scrutinized research papers to construct an organizing framework and identify thematic trends in sustainability parameters for micro-enterprises. Findings The review presents a comprehensive overview of sustainability parameters in micro-enterprises, revealing significant research trends, key authors, countries and journals. It identifies gaps and suggests future research directions, aiding in the design and positioning of forthcoming studies in this domain. Research limitations/implications Limitations may include the scope of databases accessed and potential biases in the selected literature. Future studies could explore additional databases or incorporate qualitative analyses for deeper insights into sustainability parameters in micro-enterprises. Practical implications This study offers practical insights for policymakers, practitioners and researchers by highlighting key sustainability parameters in micro-enterprises. It informs decision-making processes concerning resource allocation, policy formulation and support mechanisms for sustainable development. Social implications Understanding sustainability parameters in micro-enterprises has significant social implications, particularly for vulnerable groups like craftsmen, women and young entrepreneurs. By addressing these parameters, interventions can enhance livelihoods and contribute to broader socio-economic development. Originality/value By providing a thorough analysis of sustainability factors in micro-enterprises and applying bibliometric analysis to shed light on research trends, this paper adds to the body of literature. Its organized framework identifies gaps and guides future research, offering value to scholars, policymakers and practitioners invested in sustainable development at the grassroots level.

Rural B&B entrepreneurs’ lifestyle pursuits and rural resilience

This paper explores how rural entrepreneurial activities can bring sustainable solutions to rural villages based on entrepreneurs’ lifestyle pursuits in their business activities. It further examines the relationship between lifestyle pursuits and their impacts on sustainable rural development. Scholars have discussed “lifestyle entrepreneurs” who hold rural areas’ quality of life as a priority, distinguishing these individuals from more business-oriented entrepreneurs who focus on economic profits. This study argues that all rural entrepreneurs in fact favor lifestyle pursuits to a certain extent in terms of rural businesses. In addition, different types of lifestyles shape entrepreneurs’ contributions to rural resilience. Constructivist grounded theory was applied to conduct three rounds of in-depth interviews with 28 rural bed-and-breakfast entrepreneurs in Zhejiang, China, between 2020 and 2022. The resultant framework outlines six types of lifestyles characteristic of these rural entrepreneurs. Findings indicate that “gregarious” and “hedonistic” lifestyles can optimally contribute to both rural resilience and business sustainability.

The Role of the Family Hope Program in Fostering Entrepreneurial Spirit in Bima

This study explores the potential of the Family Hope Program (FHP) in fostering entrepreneurship among underprivileged families in Bima City, Indonesia, as a means of poverty alleviation. The FHP, a government initiative, provides financial assistance to improve living standards, but challenges such as limited capital, market access, and distribution channels hinder entrepreneurial efforts. Using thematic analysis, the research examines how the FHP influences entrepreneurial development through training, seminars, mindset shifts, and support mechanisms. Findings show that FHP effectively encourages beneficiaries to adopt an entrepreneurial mindset, enhancing their potential for self-reliance. The study highlights the need for targeted interventions to overcome capital and market access barriers, contributing to poverty reduction efforts.

Towards the Adoption of A Novel More Integral Model for Teaching Entrepreneurship in Higher Education Institutions

The “Radiography of the Teaching of University Entrepreneurship in Mexico” is situated within the context of the necessity to comprehend and enhance the pedagogical practices associated with entrepreneurship in Mexican universities. This context encompasses a global examination of entrepreneurship and its prevailing trends, as well as a detailed analysis of the entrepreneurial landscape in Mexico. The principal objective of this study is to conduct a comprehensive examination of the pedagogical approaches employed in higher education institutions (HEIs) in Mexico with regard to the teaching of entrepreneurship. The objective is to establish a unified approach to entrepreneurship teaching, identify the most effective pedagogical tools for fostering an entrepreneurial mindset, and disseminate the requisite technical knowledge among educators to facilitate their integration into the classroom. The methodology employed begins with a review of secondary sources to provide a detailed overview of the global and Mexican entrepreneurship landscapes, as well as the current state of entrepreneurship education in higher education institutions (HEIs). In conclusion, the Delphi technique is employed to conduct interviews with experts directly involved in the teaching of entrepreneurship in various HEIs, with the objective of collecting and synthesizing their opinions on the subject matter. The research yielded a “Teaching Model of Entrepreneurship in the University,” which is based on the identified approaches, models, and methodologies. The teacher plays a pivotal role in the teaching of entrepreneurship in higher education institutions (HEIs). The findings indicate that in Mexico, the probability of success or opportunity for entrepreneurs is significantly influenced by the material conditions of the individual, which are shaped by their social stratum and geographical location. Furthermore, data indicates that all HEIs endeavor to impart instruction on entrepreneurship. However, due to significant disparities between private and public institutions, smaller or more remote ones may lack the capacity and resources to do so effectively. Therefore, this results in heterogeneity in the teaching of entrepreneurship, which could condition the chances of success for those wishing to become entrepreneurs. Consequently, the necessity was identified for all entrepreneurship teachers in HEIs in Mexico to be able to achieve a robust and comprehensive process of teaching entrepreneurship, whereby students can develop their entrepreneurial skills at an early stage, as well as the creation of companies at a later stage.

A National Profile of Latino Serial Entrepreneurs in the United States of America

This study examines the scope and determinants of serial entrepreneurship among employer firms of Latino-owned businesses (LOBs) in the USA. The primary data are derived from the 2023 Stanford Latino Entrepreneurship Initiative nationally representative survey of 5102 LOBs and Latino entrepreneurs. The scope of Latino serial entrepreneurship—entrepreneurs who have started more than one business—reveals approximately 30% of Latino entrepreneurs have started two or more enterprises. The determinants of serial entrepreneurship are derived from entrepreneur demographics, utilizing binomial logistic regression to predict the odds of Latino serial entrepreneurship. Findings suggest Latino serial entrepreneurs are more likely to be male, native US-born, identify less as Latino, reside in the Midwest and South, possess high levels of education, and are of Mexican descent.

PERANCANGAN PENILAIAN KINERJA PERUSAHAAN MENGGUNAKAN BALANCED SCORECARD BERBASIS DIGITAL PADA PERUSAHAAN TEKSTIL DI CIREBON

Hanjani Group is a company related to the textile industry. In the performance evaluation process, currently there is no system that can enter all sales data at each branch of the company. The proposed solution is creating a website using the balanced scorecard method that allows the evaluation process to be presented with practical nominal results in performance assessment when viewed from four perspectives, there are finance, customers, internal business processes, and growth. This website provides a better view that managers will use to conduct statistical processes and compare systems from various branches of the company because it allows for integration or connection between disciplines. Elements of system analysis and design are explained using context diagrams, flowcharts, DFDs, and ERDs. The steps taken by designing a software system using PHP (metatext preprocessor) as the translation language and MySQL as the database manager. After testing by the company owner, this website can load performance evaluation reports at various branches of the company in Hanjani Group. Key words: Performance Assessment, Balanced Scorecard, Hanjani Group

Exploring Critical Success Factors in Agritourism: A Mixed-Methods Approach

Agritourism is an alternative approach to distributing economic and social advantages and fostering sustainable development in rural regions. This research aims to identify critical success factors of agritourism to comprehend the obstacles and problems associated with Thailand and examine the essential factors of achieving success. The research adopts a mixed-method approach to collect, analyze, and interpret qualitative and quantitative aspects. The data was collected by reviewing documents, conducting in-depth interviews, conducting questionnaires, making onsite observations, and conducting focus group discussions. The questionnaires were sent to a panel of experts from educational institutions, the Ministry of Agriculture and Cooperatives, the Ministry of Tourism and Sports, and the tour operators. The data analysis involved paired t-tests and factor analysis to provide a comprehensive analytical output. The findings revealed four critical success factors in the Thai agritourism industry: geographical location, the entrepreneurial mindset of the farm operators, the quality of products and stories, and social media and publicity strategies. Agritourism sites in famous areas were found to have more potential for success, and an entrepreneurial mindset allows farmers to create attractions and diversify products. Therefore, knowing how to use new communication channels helps farmers deal with customers and better understand customer needs. Doi: 10.28991/HEF-2024-05-03-08 Full Text: PDF

The Impact of Strategic Planning and Entrepreneurial Thinking Dimensions on The Financial Performance of Companies Operating in The Basic Building Materials Sector in Egypt: An Applied Study.

The study highlighted a significant correlation between strategic planning, entrepreneurial thinking, and financial performance within companies operating in Egypt’s primary building materials sector. The research posited that a positive relationship exists, suggesting that the implementation of strategic planning and the adoption of an entrepreneurial mindset would lead to improved financial performance for these companies. A quantitative approach was employed, collecting data from a sample of companies within the sector through a questionnaire. The gathered data was then analysed using various statistical methods. The findings revealed a positive correlation between strategic planning and financial performance, as well as between entrepreneurial thinking and financial performance. Moreover, the results indicated that a combined application of strategic planning and entrepreneurial thinking exerted a more pronounced impact on financial performance compared to the individual effects of each. Based on these outcomes, the study recommends that companies operating within Egypt’s primary building materials sector should adopt well-defined strategies and foster a culture of innovation and risk-taking among their employees. Additionally, the research advocates for further studies in this domain to deepen the understanding of the relationship between these variables. Keywords: Strategic planning, entrepreneurial thinking, financial performance, Egypt

Empowering Learners Through Entrepreneurial Skills in Senior Secondary Schools in Botswana

This study examined how teachers of business subjects empower learners for entrepreneurial mindset through integrated entrepreneurship education. This endeavor is a major engine for economic growth, job creation, upgrading of new technology increased productivity as well as changing various economic benchmarks which enable development within the economy. For this reason, learners need to be empowered through entrepreneurial skills. In this study, data were purposively collected through interviews and reviewing of documents. The study found out that business subject teachers cited self-employment as being one of the most important aspects for empowering their learners through entrepreneurial skills. Hence in their instruction, teachers familiarize learners with how a business is run, managed and marketed. However, the findings of the study indicate that, inadequate teaching skills of the subject matter and limited time allocated for business subjects seem to hinder teachers to further explore learner-centered methods like simulation, project based and case studies among others.

Pengaruh Entrepreneurial Mindset dan Entrepreneurial Competence dalam Keberhasilan Usaha Kuliner Bakso Salatiga

The Covid-19 pandemic phenomenon has affected the world economy, especially the economic conditions in Indonesia. This pandemic has caused an increase in unemployment rates due to mass layoffs in order to reduce employee costs by companies during the pandemic. The micro, small and medium enterprise (MSME) sector is one of the responsibilities that society plays in economic growth. An important factor in Indonesia's economic expansion is the MSME sector. Ideas, opportunities, and business people or entrepreneurs are key components of the success of MSMEs or companies. This research aims to identify the relationship between entrepreneurial competence and business success, as well as the impact of entrepreneurial mentality. The research results found that simultaneously and partially the entrepreneurial mindset and entrepreneurial competence variables had a positive effect on the success of profits in the Salatiga Meatball Culinary business.

Entrepreneurial Attitude of Agriculture Students in Odisha, India: An Analysis

The study explores the entrepreneurial attitude of agriculture students in Odisha, focusing on their readiness to engage in agribusiness activities. The research, conducted with 569 final-year B.Sc. (Agriculture) students across nine colleges, reveals that the majority (68.55%) exhibit a medium level of entrepreneurial attitude, with a mean score of 80.40. Among the various dimensions analyzed, planning orientation and marketing management ranked highest, indicating strong capabilities in these areas, essential for agribusiness success. However, the entrepreneurial mindset scored lowest, highlighting a need for targeted interventions to enhance this critical component. The study also found minimal influence of socio-demographic factors such as family background, type, and size on students' entrepreneurial attitudes, suggesting that personal experiences and education play a more significant role. Gender differences were observed, particularly in the entrepreneurial mindset, emphasizing the need for gender-sensitive educational approaches. The research concludes that while Odisha's agriculture students possess essential entrepreneurial skills, focused efforts are required to strengthen their mindset and risk-taking abilities to fully harness their potential in the agricultural sector. These findings provide valuable insights for policymakers and educational institutions to tailor entrepreneurship programs more effectively.

Individual Entrepreneurial Orientation (IEO): The Case of TEVET Institutions in Zambia

This review article examines the impact of Entrepreneurship Education programs (EEP) on Individual Entrepreneurial Orientation (IEO) within Technical Education Vocational and Entrepreneurship Training (TEVET) institutions in Zambia. By synthesizing findings from existing literature, the article provides a comprehensive understanding of how EEP influences entrepreneurial behaviors among vocational students. Key dimensions of IEO affected by EEP, including innovativeness, risk-taking, proactiveness, autonomy, and competitive aggressiveness, are explored. The review discusses various pedagogical approaches used in EEP, highlights the challenges faced in delivering effective EEP, and identifies opportunities for improvement. The article concludes with recommendations for policymakers and educators to enhance the effectiveness of EEP in fostering entrepreneurial mindsets, thereby contributing to Zambia's economic development goals.

Demographics- and Performance-Based Differences in STEM Students’ Entrepreneurial Mindsets

Demographics- and Performance-Based Differences in STEM Students’ Entrepreneurial Mindsets

Approaches to Integrating Entrepreneurial Education in School Curriculum

In recent years, a noticeable and worrisome pattern has emerged in numerous developing nations which is a steady and persistent rise in unemployment rates. To effectively tackle this pressing unemployment issue, it is imperative to adopt a holistic approach like incorporating entrepreneurial education across curriculum at all levels of the educational system. Therefore, the authors explored approaches to integrating entrepreneurial education into school curricula focusing on the following research questions. How can an entrepreneurial mindset among learners be promoted in school? And how far have pedagogical approaches improved entrepreneurship in schools? To address these questions, a systematic literature review underpinned by Human Capital Theory. The data were specifically sought from publishers with wide coverage of scholarly literature like Sage, Taylor and Francis, Emirate, and Springer, covering publications from 1965 to 2023. The search was supported by two broad terms such as promoting entrepreneurial mindset in learners and pedagogical strategies for enhancing entrepreneurship. It was found that an entrepreneurial mindset could be acquired through an innovative classroom environment, resilience, and guest speakers. Also, teachers could promote entrepreneurial education through the adoption of pedagogical approaches such as hands-on learning and experiential activities, role-playing, and business simulation games. It was recommended that the Ministry of Education should develop tailored training programs and workshops aimed at empowering educators with the essential competencies and insights to deliver impactful entrepreneurial education.

A Pilot Study of Minority, Beginning, and Young Logging Business Owners in the Carolinas and Surrounding States, USA

Abstract The logging industry in the United States faces a demographic shift with aging owners and a decline in intergenerational business transfers. This pilot study explores the potential for new businesses led by minority groups, beginning loggers, and young entrepreneurs in the southeastern United States. Interviews with nine minority, beginning, and young (MBY) logging business owners and four forestry/logging associations uncovered challenges, including high startup costs, limited access to financing and funds, difficulty hiring skilled workers, low profit margins, and a lack of established professional networks. These MBY loggers are well educated and exhibit productive businesses, with an average investment of between $100,000 and $499,999. Proposed solutions to help more MBY logging business owners get started encompass government grants, low-interest loans, marketing initiatives, and legislative measures. Results are limited, and this study serves as a first glimpse into MBY logging business owners’ challenges; additional attention is needed for this population of logging business owners. Study Implications: Understanding the present status and challenges faced by minority, beginning, and young (MBY) logging business owners is instrumental for the industry, as the trend of intergenerational logging business transfer is declining. The study’s results suggest that support from the forest products industry and the government, such as government grants, low-interest loans, and strategic marketing, can enhance the sustainability of MBY logging businesses. These measures, coupled with legislative support, could help to address immediate challenges, such as high startup costs, and lay the groundwork for fostering a resilient logging industry.

Involving certain socio-demographic groups of the population in active entrepreneurship as a factor of sustainable regional economies

The article examines priority groups of the population (socially vulnerable, women entrepreneurs, young and social entrepreneurs) engaged in entrepreneurial activities, including through the conclusion of a social contract, as a factor of the sustainability of regional economies. The article is aimed at analysing the regional structure of these population groups and their support in individual subjects. The methodology of the study is based on the use of general scientific methods (analysis, synthesis, comparison). The main results of the work have showed that supporting participation of the above-mentioned groups socially integrates them, stimulating economic growth, regional and national development. In addition, it increases the level of economic competitiveness, expands entrepreneurial opportunities, and creates a favourable climate for the successful functioning of market entities. The scope of application of the results obtained during the study is based on the possibility of using them while developing mechanisms for increasing the involvement of the considered priority population groups in order to achieve a given level of sustainability of regional economies, which also determines the prospects for further research on this problem. The dependence of the level of sustainable development of regional economies and their competitiveness on the level of involvement of these groups in entrepreneurship has been established.

Enhancing Competitive Advantage Through Innovation and Entrepreneurial Orientation: The Importance of Product Quality

This study investigates the impact of innovation and entrepreneurial orientation on competitive advantage, with a focus on product quality, in Micro, Small, and Medium Enterprises (MSMEs) within the culinary sector in Makassar City. Data were collected from culinary MSMEs through surveys and analyzed using statistical methods. The research highlights the crucial role of innovation and entrepreneurial orientation in enhancing the competitive advantage of these enterprises. The findings emphasize that focusing on improving product quality is essential for MSMEs to succeed in the highly competitive culinary market. The study's practical implications suggest that culinary MSMEs in Makassar City must continuously foster innovation, cultivate an entrepreneurial mindset, and prioritize product quality to maintain and enhance their competitive standing. By doing so, these enterprises can better navigate market challenges and position themselves effectively against competitors, ultimately driving growth and success in a dynamic market environment.

Review and Development of Innopreneurship Model to Enhance the University Ecosystem

This paper aims to study the initiatives taken by the private Universities through business Incubation centers for the development and promotion of Innovation and entrepreneurship. It also studies the linkages among University Incubation centers, young innovators, Industry and investors for ecosystem development. Traditional universities role has gradually evolved and changed now to redirect the new knowledge system for nation’s economic development through University Incubation centers. A model has been developed that illustrates how University Incubation center is functioning for the wellbeing of Society, Nation’s economy and youth employment. Current research paper is dealing various elements in understanding and analyzing the changing dynamics of University system in nurturing business Incubation and innovations through various initiatives and platform of developments. The Result shows that university provides a sound platform for young entrepreneurs for start-up’s with their innovative ideas and to help in startups at various levels. The model based innopreneurship framework will help to enhance university ecosystem and its functioning through Innovation and Entrepreneurial goals. Key words: Innovation, Incubation center, Entrepreneurship, Qualitative research. etc.