Dimensions Of Entrepreneurial Orientation Research Articles

Access to finance and its impact on operational efficiency of MSMEs: mediating role of entrepreneurial personality and self-efficacy

PurposeThe present study aims to investigate the factors of loan access that affect entrepreneurial self-efficacy (ESE) and operating efficiency of Indian Micro, Small and Medium Enterprises (MSMEs). Furthermore, the study intended to investigate the influence of ESE on the operating efficiency of Indian MSMEs and its mediating role.Design/methodology/approachIn this study, exploratory research design is used. The study heavily relies on the primary data which has been collected by using the survey research method from a cross-section of 617 women-owned MSMEs, located in urban, rural, suburban and exurban areas of Haryana, Uttarakhand, Himachal Pradesh and NCR-Delhi. The partial least square structural equation modeling method version 3.3.3 has been used to evaluate.FindingsIn terms of the selected factors affecting access to finance, it has been established that the Loan Formalities, Banking Process, Loan Process, Staff Responsiveness and Incentive Scheme have a positive and significant influence in enhancing accessibility to finance and improving the self-efficacy and operating performance of firms. The findings also show that ESE mediates the relationship between various factors of loan access and the operating efficiency of MSMEs.Research limitations/implicationsThe study’s findings show that entrepreneurial capacity is significantly and favorably impacted by attitudes toward entrepreneurship, ESE, perceived access to findings and business operations. It has also been demonstrated that entrepreneurial intentions are strongly and favorably influenced by entrepreneurial ability to access commercial bank financing for small businesses and the impact of the same on the women-owned MSMEs in India. It also revealed unfavorable loan terms, limited collateral, fear of repaying of loan and intricate loan application were among the many reasons for loan denial.Originality/valueThe study offers a comprehensive approach that simultaneously considers financial accessibility and ESE. This all-encompassing method offers a thorough grasp of the variables affecting MSMEs' operational efficiency (OE). In contrast to earlier research that might have concentrated only on direct relationships, this study explores the mediating mechanisms involved. This study examines how ESE modulates the influence of financing availability on OE, providing a comprehensive understanding of the underlying mechanisms. By taking into account particular MSME sector characteristics like size, industry or regional variations, the study may provide a unique contextual lens. Understanding how these contextual factors interact with entrepreneurial attributes and access to finance adds depth to the analysis.

Efficiency of small business: the case of Nigeria

The concept of entrepreneurial orientation (EO) has been widely discussed through previous studies in entrepreneurship, so it can be considered as one of the main topics in this field, and the most commonly used measure of entrepreneurial behaviour. The main objectives of the study were to determine the effect of entrepreneurial orientation on small and medium sized enterprises and also to examine the effect of innovative performance on EO. The study population refers to selected SMEs that were registered with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in Ogun State, Nigeria. The primary data was generated through the field survey using structured questionnaire as a major research instrument. Taro Yamani scientific formula was adopted to determine the sample size. Correlation statistical analytical, Pearson Product Moment correlation Coefficient method and content validity method was applied. The study used Analysis of variance (ANOVA), correlation efficiency, and regression analysis for this study. The research found that there is a significant effect of entrepreneurial orientation on small and medium sized enterprises performance in Nigeria. Moreover, the results of the study indicated that EO affects innovative performance. The study recommends that small and medium sized enterprises should embrace the entrepreneurial orientation dimensions of autonomy, pro-activeness, risk taking, competitive aggressiveness and innovativeness to increase business performance and SMEs operators should adopt autonomy by encouraging employees to be autonomous and be free to take initiative for the best interest of the organization and use periodic appraisal to monitor them.

Entrepreneurial Skills and Performance of Women’s Small Enterprises in Turkana County, Kenya

Performance enterprise is important determinant for survival and meeting stakeholders’ interests. However, a performance enterprise has been a concern as many small enterprises report dismal performances. Entrepreneurial dimensions are reported to leverage competitiveness, survival and growth of enterprises. Thus, study attempted to examine influence of entrepreneurial skills on performance of women owned small enterprises in Turkana County, Kenya. The study was guided by three specific objectives: evaluate the influence networking skills on performance of women’s small enterprises, to determine influence of communication skills on performance of women’s small enterprises and to investigate the influence of innovation skills on performance of women’s small enterprises in Turkana County, Kenya. The study was anchored on the Opportunity Based Entrepreneurship Theory, stakeholders’ theory and resource based firm theory. The study employed descriptive research design consisting of both quantitative and qualitative approaches. The target population was 1235 respondents, comprising of the management/owners of the women enterprises in Turkana County, Kenya. The sample size was 302 respondents obtained using the simple random techniques. The study utilized questionnaires to collect data. A pilot test was conducted to ensure data validity and reliability of the research instrument. The study employed both descriptive and inferential statistics with aid of Statistical Package for Social Sciences (SPSS) version 29 software. Descriptive statistics such as mean, frequencies and standard deviations assisted in summarizing sample characteristics, while inferential statistics regression, correlations and ANOVA to establish relationships. The findings of the study created insights among the operators influence of entrepreneurial skills on performance of women’s small enterprises in Turkana County, Kenya. Secondly, contribute to policy makers’ influence of contributing entrepreneurial skills on performance of women’s small enterprises. Lastly, to results contributed to academic discourse on entrepreneurial skills on performance of firms. Networking skills explained 43.2% of performance of women’s small enterprises in Turkana County, Kenya, communication skills 61.0%, and innovation skills 38.2% of performance of women’s small enterprises in Turkana County, Kenya. The study recommended for further research work to be conducted to review the influence of other variables on performance of women’s small enterprises in other counties in Kenya. Keywords: Strategy implementation, Strategy Evaluation, Accessibility of NGO’s to Donor Funding

Exploring the nexus of green entrepreneurship and environment quality in selected Asian economies

PurposeThis study examines the relationship between green entrepreneurship and environmental quality in selected Asian economies. The impact of green entrepreneurship dimensions, i.e. renewable energy utilization, innovation orientation, green funding and resource efficiency is empirically assessed on environmental quality. The research assists in opening the “black box” mechanism of how green entrepreneurship affects the environmental pillar of sustainability.Design/methodology/approachAn analysis of 11 Asian countries is conducted over the period from 2000 to 2019, using panel regression techniques to examine the link between green entrepreneurship dimensions and environmental quality indicators.FindingsThe findings reveal that all four dimensions of green entrepreneurship have an inverse relationship with carbon emissions and ecological footprint while showing a positive relationship with the load capacity factor. This implies that green entrepreneurship contributes positively to environmental sustainability by enhancing the ecosystem’s resilience and capacity to support life.Practical implicationsWe advocate for policymakers to prioritize green entrepreneurship to stimulate innovation for energy transition and environmental sustainability. Furthermore, creating a conducive atmosphere for green entrepreneurs can spur job creation, economic growth and societal well-being, thus fostering a more resilient and sustainable future for all.Originality/valueIn this study, we adopted a multidimensional approach for measuring green entrepreneurship, which represents an advancement over existing literature that predominantly relied on renewable energy consumption to gauge the green entrepreneurship phenomenon at the macro level.

Strategic entrepreneurship in VUCA environment: the competing forces of outcome variability

Purpose Scholars have extensively studied the concept of strategic entrepreneurship (SE), shedding light on its antecedents, dynamics and outcomes. However, a notable gap exists in understanding the reliability of its performance implications, which explains the inherent risks as well as the possibility of yielding outliers (instances of exceptionally high or low performance). Addressing this gap, this study aims to present a detailed analysis of the implications of SE for the variance of resulting performance distribution. Design/methodology/approach This conceptual study uses the deductive theory-building approach to dissect the four dimensions of SE (entrepreneurial mindset, entrepreneurial leadership and culture, managing resources strategically and applying creativity and developing innovations) as presented by Ireland et al.’s (2003) model, offering theoretical propositions on how each of them influences the variability of resulting performance distribution. Findings This study demonstrates that the strategic entrepreneurship (SE) dimensions have distinct impacts on the reliability/variability of performance outcomes, acting as boosters or attenuators in the volatile, uncertain, complex and ambiguous (VUCA) context. Originality/value The study uniquely links each component of SE with outcome variability in VUCA environments, thereby shifting the focus from traditional performance metrics to outcome variability. This approach complements the existing body of knowledge on the performance implications of the SE construct by integrating a previously neglected critical perspective on the reliability of resulting performance distribution. These insights allow subsequent investigation of SE’s outcomes, including explaining the likelihood of obtaining positive outlier performance or firm failure.

Spirituality in social entrepreneurship: an ethical approach to sustainability

Purpose This study aims to present a sustainability framework that advances the conceptual understanding of the role of spirituality in the context of social entrepreneurship. Design/methodology/approach Through a systematic literature review of spirituality at both the individual and organisational levels, the triple bottom line framework of sustainability, and business ethics, this study offers a sustainability framework for social entrepreneurship. It explains how spirituality at these levels influences various dimensions of social entrepreneurship and helps achieve social, economic, environmental and ethical outcomes. Findings The study proposed that individuals with spiritual practices are more likely to engage in entrepreneurial, social, ethical and environmental orientations, while organisations with spiritual practices are more likely to engage in employee, market and ethical orientations. Spiritual capability can serve as a strategic advantage and contribute to the sustainable development of social enterprises. Originality/value This study makes three significant contributions. First, it presents an emergent framework for integrating spirituality (at both individual and organisational levels) and sustainability within the social entrepreneurship literature, offering implications for both social entrepreneurs and social enterprises. Second, this study proposes incorporating ethics as the fourth dimension of sustainability and argues that spirituality can act as a catalyst for achieving sustainability in social entrepreneurship. Third, this study identifies seven critical dimensions of social entrepreneurship: spiritual capabilities, entrepreneurial orientation, social orientation, environmental orientation, market orientation, ethical orientation and employee orientation, all of which contribute to ethical and sustainable development.

Unlocking Organizational Innovativeness: Exploring the Role of Entrepreneurial Orientation and Financing in an Emerging Economy

Organizations and small startups play a significant role in improving the economic progress of newly industrialized countries. Their contribution to economic growth depends mainly on their innovativeness. Based on the resource-based view theory, this study seeks to understand how these enterprises use internal and external resources to uncover opportunities for innovative practices. Specifically, we examine entrepreneurial orientation (innovativeness, autonomy, risk-taking, competitive aggressiveness and proactiveness) and external financing for ventures. Through a comprehensive survey encompassing 200 ventures in Pakistan, this study reveals the significant impact of three dimensions of entrepreneurial orientation (innovativeness, risk-taking, and competitive aggressiveness) and entrepreneurial finance on organizational innovativeness. This finding is important because it contributes to the growing body of literature on entrepreneurial finance and shows how financing influences innovativeness in startups, thus advancing knowledge within this field. Although the study uses a small sample, it serves as a launch pad for further studies to explore different forms of capital and their unique effects on organizational innovativeness

Exploring entrepreneurial orientation dimensions in the property business: A scale development

This study investigates the dimensions of entrepreneurial orientation (ENO) within the context of property business. A survey was conducted with 355 respondents to explore various dimensions of EO, including innovation, resilience quality, organisational culture, entrepreneurial capability, innovative marketing strategy, customer care, scalability, and effort. Results showed that the majority of respondents were male (54.90%) and belonged to Generation X (68.20%), with a significant portion from the Upper Northeast zone (53.50%). The study employed Principal Axis Factoring (PAF) with Promax rotation to identify EO dimensions, resulting in eight unique factors explaining 60.8% of the variance. These dimensions included Innovation Technology, Resilience Quality, Organizational Culture, Entrepreneurial Capability, Innovative Marketing Strategy, Customer Care, Scalability, and Effort. The study also conducted a Confirmatory Factor Analysis (CFA), confirming the reliability and validity of the proposed model. The calculated Average Variance Extracted (AVE) and composite reliability values met the convergent and discriminant validity criteria. Overall, this research contributes to a deeper understanding of EO in the property sector and provides insights for property businesses and policymakers to foster entrepreneurial behaviour and drive performance.

Incubating innovation: the role of incubators in supporting business model innovation

Purpose The role of incubators in promoting startup growth has received close research attention, but the findings paint a conflicting picture. This study aims to reduce the ambiguity surrounding incubator impact by exploring how incubators can support startups with business model innovations – a significant growth factor for startups neglected in the incubation literature. Design/methodology/approach Using a multiple-case study design, the authors conducted semistructured interviews with incubator directors and startup founders, offering insights into their experiences. The transcripts were coded following the Gioia method. Findings This study shows that incubatees are exposed to and struggle with business model innovation. Therefore, this study explores how incubators can support startups in innovating their business models. Research limitations/implications This research reveals the importance of addressing the psychological needs of entrepreneurs in incubators. By offering emotional support, incubators can create a positive psychological environment, helping entrepreneurs face fears and challenges. This highlights the human side of entrepreneurship, which has not been considered in the incubation literature. Practical implications Incubator directors can strengthen their programmes’ impact by offering tailored support for business model innovation and facilitating network connections. Policymakers should encourage ecosystem collaboration and allocate resources to effective programmes. Originality/value This research fills a gap in the incubation literature by emphasizing the significance and need for support for business model innovation. This study also offers original insights into the psychological dimensions of entrepreneurship.

The Effect of Entrepreneurial Dimension on Corporate Reputation Among Corporations in the Municipality of Santo Tomas, Davao Del Norte

This study focused on the connection between entrepreneurial dimensions and corporate reputation among corporations. Using the Sloven equation, the intended sample size was 148 out of the 240 workers who participated in the research as responders. The method used to choose the respondents was universal sampling. The data obtained using two adjusted questionnaires were analyzed using the mean and Pearson r. The results showed that workers usually exhibit the entrepreneurial dimension in terms of competitive aggression. However, a company’s reputation for emotional appeal is always present. The findings showed that among employees of a firm, there was a substantial correlation between the entrepreneurial component and corporate reputation. The findings proposed that corporations should create programs supporting employees’ bold activities with clear risk evaluations and training. Besides, representatives must remain informed about industry trends, competitor activity, and the company’s objectives. Moreover, employees must build on trust, shared purpose, and respect, which can create more meaningful and sustainable connections among employees. In addition, corporations must emphasize surveys to recognize the value of exceptional personnel, attract them, provide them with benefits, and offer them competitive compensation. Future researchers will explore the impacts of entrepreneurial dimensions (e.g., innovativeness, risk-taking, pro-activeness, and competitive aggressiveness) on corporate reputation among corporations. Understanding which dimensions have the most prominent impact can assist employees in working efficiently.

Efforts to achieve sustainable competitive advantage for SMEs: The strategic entrepreneur model

The aim of this research is to examine and analyze the dimensions of strategic entrepreneurship that are able to realize long-term sustainable competitive advantage in small and medium businesses. This research methodology and sampling technique use a purposive sampling method, with a total of 150 respondents from Batik Small and Medium Enterprises industry leaders in Central Java Province, Indonesia. Then the analysis technique uses Structural Equation Modeling (SEM) with AMOS software. Empirical data supports the six hypotheses proposed in this study. Specifically, the first hypothesis is that entrepreneurial culture is influenced by entrepreneurial learning. The second hypothesis posits that entrepreneurial culture influences entrepreneurial capacity. The third entrepreneurial learning hypothesis is influencing entrepreneurial capacity. The four entrepreneurial capacities are influencing sustainable competitive advantage. The fifth hypothesis is that entrepreneurial learning influences a sustainable competitive advantage. The sixth hypothesis is that entrepreneurial culture influences a sustainable competitive advantage. The practical implication for realizing sustainable competitive advantage for batik Small and Medium Enterprises in Central Java Province, Indonesia, is to improve and develop entrepreneurial learning built by indicators 1). Experience 2). Cognitive; 3). Network; 4). Social relationships. Entrepreneurial learning and entrepreneurial capacity can mediate entrepreneurial culture towards sustainable competitive advantage. The strategic entrepreneurship development model begins with the establishment and enhancement of an entrepreneurial culture, which encompasses the following elements: 1). Enthusiasm 2). Stakeholder alignment 3). Learning and Development Support. 4). Change is driven by business opportunities.

Navigating gendered spaces: a feminist phenomenological exploration of women entrepreneurs lived experiences within government support agencies

PurposeThis article explores women entrepreneurs' lived experiences in their interactions with government enterprise support agencies. It investigates the relationship between gendering and Entrepreneurial Orientation (EO), as a normative orientation adopted at the institutional level and justified by an economic rationale. It also explores how women entrepreneurs articulate their experiences through embodied metaphors and image schemas, shedding light on how they navigate the institutional entrepreneurial space.Design/methodology/approachThis study is framed within the concept of Phenomenological Orientation as conceptualised in feminist phenomenology. It applies Interpretative Phenomenological Analysis, a qualitative methodology focused on interpreting accounts of first-person lived experiences of a phenomenon. It combines IPA with Conceptual Metaphor Theory to understand women's articulation of their embodied relationship within the entrepreneurial space.FindingsFindings reveal that the entrepreneurial orientation functions as a gendering process within entrepreneurial institutions, reinforcing masculine hegemonic ideals and marginalising women entrepreneurs. Women's phenomenological orientations often diverge from the normative entrepreneurial orientation, highlighting the need for a more inclusive framework in institutional entrepreneurial spaces.Research limitations/implicationsThis article contributes to women's entrepreneurship literature by underlining the temporal dimension of entrepreneurship and the tension that underpins their interactions with government support bodies. It calls for inclusive policies and procedures to match the heterogeneity of orientations. While highlighting its limitations, it also suggests future research directions to deepen the understanding of entrepreneurship and inform more suitable support structures for all entrepreneurs.Originality/valueThis study contributes to the literature by shedding light on the nuanced interplay between gendering, entrepreneurial orientation, and women entrepreneurs' lived experiences. It extends previous research by framing “orientation” within a temporality framework, offering a novel perspective on the gendering of entrepreneurial spaces.

Fostering secondary students’ entrepreneurial attributes and aspirations through a theory-informed learning management system

Entrepreneurship is crucial for fostering innovation and opportunity in a rapidly evolving global economy. Introducing it in secondary schools is challenging due to potential cognitive overload and the complexity of the skills required. This study evaluates the effectiveness of a Learning Management System (LMS) using Cognitive Load Theory for improving entrepreneurial skills among secondary students in Hong Kong. In the study, 280 students from 16 schools completed the LMS intervention. Through a series of t-tests, ANCOVAs, and multilevel models, we examined the effects of an LMS on students' entrepreneurial attributes and aspirations. The results indicated that the LMS enhances students' perceptions of entrepreneurial concepts. However, the effectiveness of the LMS was influenced by two key factors: the level of student engagement with the system and their previous entrepreneurial experiences. Higher engagement with the LMS and more extensive prior entrepreneurial experiences were found to significantly boost students' entrepreneurial attributes and aspirations. The outcomes indicate that by organizing content to minimize cognitive overload, the LMS facilitated the development of sophisticated cognitive schemas essential for entrepreneurial thinking.

Corporate Entrepreneurship Dimensions and Corporate Market Share of Selected Food and Beverages Manufacturing Companies

The growth of the food and beverage manufacturing sector in Nigeria is hampered by the lack of adoption of corporate entrepreneurship and lack of business innovation, resulting in limited organizational progress among food and beverage companies. This study investigates the relationship between corporate entrepreneurship and market share in selected food and beverage manufacturing companies in Lagos State, Nigeria. The study uses a survey research design, explicitly targeting six leading food and beverage companies in Nigeria that collectively dominate 93% of the industry's overall market share. The overall population consisted of 2,786 employees, and the sample size of 642 was determined using the Cochran formula and multi-stage sampling techniques. Data collection uses a questionnaire. The data analysis process includes the use of descriptive and inferential statistics. The research results show a strong correlation between business innovation, internal business environment, resource utilization, organizational flexibility, proactiveness, risk-taking, and company market share in the selected companies. This research determines that the entrepreneurial dimension of the company has a positive and significant influence on the company's market share. This study suggests that senior managers should proactively engage elements of corporate entrepreneurship to stimulate creative concepts for new and improved products, processes, applications, and services that align with market needs and improve overall performance.

Development and validation of the adolescent's entrepreneurial attributes inventory: A mixed-methods approach

This study introduces the Adolescent Entrepreneurial Attributes (AEA) scale, designed to measure key entrepreneurial attributes among adolescents within an educational context. Employing a mixed-methods approach, the research involved four distinct studies: a Delphi study to refine the measurement items, a survey of youth entrepreneurship course graduates to gather perceptions of entrepreneurial attributes, a psychometric assessment to test the reliability and validity of the AEA scale, and a SEM validation study to correlate the AEA with established measures of entrepreneurial self-efficacy and intention. The findings revealed that the AEA scale is a reliable and valid tool that captures a nested profile of adolescents' entrepreneurial attributes, including innovativeness, opportunity recognition, risk-taking propensity, proactiveness, vision-driven thinking, ethical thinking, and communication and collaboration. The scale's development contributes to the field by providing a nuanced understanding of adolescents' entrepreneurial attributes. The scale supports educational efforts to assess entrepreneurship education (EE) with aims to nurture adolescents' generic entrepreneurial attributes, differentiating from existing measurements of entrepreneurial self-efficacy, and entrepreneurial intentions to evaluate entrepreneurship education programs.

Gender-differences in retirement from entrepreneurship: the influence of pension policies across Europe

PurposeThe interest in older entrepreneurs increases due to population aging. Previous research showed clear gender-differences among older entrepreneurs. This study investigates whether such gender-differences also exist in the retirement transition from entrepreneurship. It explores the influence of pension regulations for entrepreneurs on these gender-differences.Design/methodology/approachLongitudinal micro-level data from the Survey of Health, Aging and Retirement in Europe is analyzed in multichannel sequence analyses and cluster analyses. Developments from age 50 to 69 are compared in the dimensions of entrepreneurship, employment and old-age pensions.FindingsEntrepreneurs retire in three different transition patterns: (1) entrepreneurs becoming pensioners at 60, (2) entrepreneurs becoming pensioners at 65 and (3) individuals combining entrepreneurship with employment until they become pensioners at 65. Female entrepreneurs follow the same transition patterns as their male counterparts but retire earlier. Pension regulations for entrepreneurs modify the extent of the gender-differences within a country. Mandatory pension schemes with identical state pension ages for men and women reduce gender-differences, whereas mandatory schemes with gender-differences in the state pension age increase them. Schemes without mandatory coverage range in between the other two.Originality/valueThis article expands our knowledge on gender-differences among older entrepreneurs. These gender-differences also extent to how entrepreneurs transition into retirement. Pension regulations for entrepreneurs influence the extent of the gender-differences. Therefore, pension regulations for entrepreneurs constitute tools for promoting or hindering gender equality.

The Effects of Entrepreneurial Orientation on The Performance of Small and Medium Enterprises in Emerging Economies: Evidence from Pakistan’s Electric Fans Industry

Entrepreneurial orientation (EO) is a crucial multidimensional concept of entrepreneurship that encompasses the entrepreneur’s autonomy, attitude towards risk-taking, proactiveness, and competitiveness of entrepreneurs. EO influences the manner in which entrepreneurs perceive and react to their business environment. The majority of research on EO has been conducted in developed countries such as the USA, where institutional development is well established. There is a scarcity of studies focusing on emerging economies. In order to bridge this gap, the current study aims to investigate the construct and application of EO in Pakistan. The study focuses on Pakistan’s electric fan manufacturing industry to gain insight into the implementation of EO and its impact on the performance of small and medium-sized enterprises (SMEs) in emerging economies. In addition, the study aims to provide evidence-based knowledge regarding the causal relationship between EO and SME performance in Pakistan, as well as the impact of moderating variables, through hierarchical regression analysis and an analysis of a sample of 247 SMEs. The study provides solid evidence that Pakistan's electric fan manufacturing industry demonstrates all five dimensions of EO, as outlined in the existing literature. Furthermore, the study highlights the influence of age, education, and experience as moderating variables in the relationship between EO dimensions and the performance of SMEs in Pakistan.

Impact of Strategic Entrepreneurial on Strategic Decision-Making: A Field Study in North Oil Company/Kirkuk

The scope of the concept of strategic entrepreneurship has expanded within organizations, and interpretations of this concept have multiplied. It is a critical element that must be considered across the various related dimensions, because it is of great importance as it has the ability to change the direction of business organizations today in addition to the support it provides for strategic decisions, resources and industrial education. The research initially identified the theoretical gap between the existing intellectual proposals put forward by the researchers, which paved the way for practical application within the North Oil Company / Kirkuk. The main tool used in collecting data and information was the questionnaire, which was presented to a group of arbitrators to be modified and appropriate to the field and the ease of answering it by the researched sample. The questionnaire was distributed to middle management within the company at the rank of department manager and Division manager. A total of 56 questionnaires were distributed, of which 53 were retrieved. The Amos program was used in addition to the statistical program Excel and SBSS, and the research aims to identify the basic dimensions of entrepreneurship and strategic decisions. The study used the descriptive analytical method. Moreover, one of the most prominent results of the research is that strategic entrepreneurship is the main factor for organizations that wish to obtain excellence and prosperity and have the ability to continue in a competitive environment, where strategic entrepreneurship avoids weaknesses and exploitation. strengths. For the organization, this of course requires decisive and quick strategic decisions

The Effect of Individual Entrepreneurial Orientation on Entrepreneurial Intention Among University Students

This study aims to evaluate the impact of individual entrepreneurial orientation on the entrepreneurial intention of Algerian university students. Specifically, it focuses on three dimensions of individual entrepreneurial orientation: risk-taking, innovativeness, and proactiveness. To achieve the main purpose of the study and test its hypotheses, the researchers employed a descriptive-analytical method, and a survey was conducted using a questionnaire on a sample of 333 second-year master’s students at the Faculty of Economics, Commercial and Management Sciences in Jijel University. The questionnaire consists of 15 statements: 3 – regarding risk-taking, 3 – innovativeness, 3 –proactiveness, and 6 – individual entrepreneurial orientation. The opinions of the sample (students) were measured using a five-point Likert scale. Cronbach’s alpha coefficient was applied to test the reliability of the study instrument. To test internal consistency, Pearson’s correlation coefficient was calculated to measure the correlation between each questionnaire item and the dimension to which it belongs. Variance Inflation Factor (VIF) and the Durbin-Watson test were also relied upon to ensure the independence of the independent variables and the absence of multiple linear correlation or autocorrelation between the residuals. Multiple regression analysis was used to evaluate the effect of the independent variables on the dependent variables to test the study hypotheses accurately. The predictive capacity of the regression model is confirmed by the results of the ANOVA regression analysis. Statistical analyses were carried out using SPSS, version 28. The findings indicate that both risk-taking and proactiveness have a direct and positive influence on entrepreneurial intention. However, innovativeness does not demonstrate any statistically significant effect on entrepreneurial intention. In light of the obtained results, a set of recommendations meant to foster the individual entrepreneurial orientation and entrepreneurial intention of university students was proposed.

Utjecaj korporativnog poduzetništva na inovacije poslovnog modela poduzeća u Bosni i Hercegovini nakon pandemije COVIDA-19

The study presented in this paper explored the relationship between corporate entrepreneurship and business model innovation of companies in Bosnia and Herzegovina (B&H) after the COVID-19 pandemic. In particular, the authors aimed to analyze how the individual dimensions of corporate entrepreneurship influence business model innovation by using the dynamic capabilities view. The study empirically analysed a sample of 100 companies using regression analysis. The findings revealed that each dimension of corporate entrepreneurship positively and significantly impacts business model innovation. Innovativeness, proactiveness, risk-taking, autonomy, and competitive aggressiveness positively affected the innovation of the business model. The results of this study confirm that entrepreneurial initiative is a good predictor of a company’s ability to innovate business models. The implication for management is to deepen the understanding of how corporate entrepreneurship promotes and shapes an innovative business model. This increases companies’ success and overall well-being in B&H after the COVID-19 pandemic.