Entrepreneurial Behavior Research Articles

The Influence of Internal Factors, Education and Policy on Entrepreneurial Behavior in Guangdong Higher Vocational Colleges

This dissertation examines the effects of internal factors, education, and policy on the entrepreneurial behaviors of students in Guangdong Higher Vocational Colleges. The research delves into the impacts of entrepreneurial awareness, cognition, self-efficacy, and education, alongside the significant role of entrepreneurship policy in molding students' entrepreneurial intentions. A mixed-methods approach was employed, blending quantitative and qualitative analyses to explore these relationships thoroughly. Results indicate that internal factors such as entrepreneurial awareness and self-efficacy are significant predictors of entrepreneurial intentions. Entrepreneurship education is identified as a crucial factor that enhances students motivation and capabilities to partake in entrepreneurial activities. The study also underscores the substantial influence of governmental policies in fostering an entrepreneurial mindset among students. Additionally, this research explores the moderating effects of socio-environmental factors and gender on the nexus between entrepreneurial intentions and behaviors, revealing a complex interplay among personal, educational, and policy-related elements. This dissertation contributes to the academic understanding of entrepreneurial behaviors in vocational college settings and offers practical recommendations for optimizing entrepreneurship education and policies to better support students entrepreneurial aspirations.

Probing Entrepreneurial Behavior and Performance of Women Entrepreneurs in Relation to the Kudumbashree Mission: An Analytical Study

The Kerala model exemplifies the transformative power of women's empowerment in fostering progressive development. Central to this model is Kudumbashree, the State Poverty Eradication Mission, acclaimed for its initiatives in poverty alleviation and women's empowerment. Despite Kudumbashree's promotion of women's entrepreneurship, challenges among micro - enterprises persist, necessitating an exploration of factors influencing their performance. This study examines the entrepreneurial dynamics within Kudumbashree, focusing on how entrepreneurial behaviour and competency impact micro - enterprise performance. Findings indicate that innovativeness, opportunity recognition, and business skills significantly drive revenue growth, while the roles of initiative, risk - taking, and management skills need further study. Recommendations include fostering innovation, encouraging initiative, offering risk management training, and enhancing management and business skills. The study highlights the need for targeted interventions to empower women entrepreneurs, promoting economic empowerment, gender equality, sustainable development, and community empowerment in Kerala.

Analyze the Factors Affecting the Entrepreneurial Behavior among the Business Graduates of Bangladesh

Analyze the Factors Affecting the Entrepreneurial Behavior among the Business Graduates of Bangladesh

Navigating uncertainty: configurations of entrepreneurial behaviors for new venture performance

Purpose The entrepreneurial process often cannot be explained by a single entrepreneurial theory. Instead, it is more likely the result of the interaction between various entrepreneurial behavior patterns and different environmental conditions. However, existing research has frequently overlooked the complexity inherent in the entrepreneurial phenomenon. Building on a configurational perspective, this study aims to examine how new ventures can use different behavioral configurations to achieve high performance amid various uncertain environments. Design/methodology/approach Based on the survey data from 143 new start-ups in China’s software industry, this study uses fuzzy-set qualitative comparative analysis (fsQCA). Findings This study jointly considers multiple entrepreneurial behaviors − causation, effectuation and entrepreneurial bricolage and different types of environmental uncertainty − state uncertainty, effect uncertainty and response uncertainty. The findings reveal three behavioral configurations for high/nonhigh new venture performance. Originality/value This study expands previous insights into the relationship between entrepreneurial behaviors and new venture performance from the perspective of configurational theory. Moreover, it offers new insights into the types of uncertainty, further refining our understanding of the uncertainties inherent in entrepreneurial activities.

PRIORITY DIRECTIONS OF ENTERPRISES DEVELOPMENT IN THE WAR CONDITIONS BASED ON THE IMPLEMENTATION OF INFORMATION TECHNOLOGIES AND DIGITAL TOOLS

The article examines the modern challenges faced by Ukrainian enterprises in war conditions and the strategic approaches to adapting to these challenges. As business leaders, policymakers, and analysts, your understanding and support are crucial. The current stage of Ukraine's economic development, characterized by high instability due to the full-scale invasion of Russia, dictates new conditions for the functioning of domestic enterprises. In these conditions, implementing information technologies and digital tools becomes critically important for ensuring sustainable development and adaptation of enterprises to new realities. The influence of the war on the strategic behavior of enterprises is considered in detail, emphasizing the need to adapt to rapid changes in the external environment. In constant uncertainty and risks, enterprises are forced to look for new development opportunities, actively implement information technologies, and diversify their activities. The main challenges and barriers faced by enterprises during the war are also analyzed. Among them are the lack of sufficient capital, limited access to credit funds, the unpredictability of the situation in Ukraine, the negative impact of government decisions on business, and others. To overcome these problems, enterprises must look for development directions and develop appropriate development strategies that consider internal opportunities and external threats. Digitization and the use of information technologies are becoming critical tools for achieving these goals, allowing enterprises to adapt to changes in the external environment quickly, increase the efficiency of their activities, and maintain competitiveness. Special attention is paid to such promising development directions as DefenseTech, FinTech and cyber security. These directions, with their significant potential for development in wartime, provide the necessary technological solutions to improve the security and efficiency of enterprises, offering a beacon of hope for the future. Thus, the article provides a comprehensive analysis of the priority directions of enterprise development in wartime conditions, with an emphasis on implementing information technologies and digital tools.

The Analysis of Trigger Factors of the Environmental Entrepreneurship Process in Saudi Arabia: An Innovative Approach

Environmental entrepreneurship is considered a critical avenue for sustainable development. Despite increasing studies on its benefits and impacts, we lack insights about its corresponding process. There is an increasing need for policymakers to know how to develop this process and what is required for its definition. This research aims to build an innovative theoretical model to explore the trigger factors for the environmental entrepreneurship process in Saudi Arabia, which is the ultimate focus point of this research. To achieve this objective, a deep literature review and a survey of expert entrepreneurs’ opinions were performed. Experts and professionals in entrepreneurship validated the opportunity of readiness factors identified. Data were gathered using a combined approach based on closed-ended questionnaires and arranged interviews according to a schedule. Employing the mixed influence matrix of cross-impact multiplications applied to classification (MICMAC) and the Interpretive Structural Modeling (ISM) approach, the research identifies a hierarchical model of these factors, addressing why and how they interact according to a specific order and priorities. The investigation reveals 15 factors that are structured into three main levels of influence: (1) factors driving the adoption of environmental entrepreneurship orientation, (2) factors related to environmental entrepreneurship intention, and (3) factors for materializing environmental entrepreneurship behavior. The findings emphasize the complementarity between environmental entrepreneurship intention and orientation as a key factor in generating entrepreneurial behavior. This research pioneers the empirical exploration of environmental entrepreneurship as a process. It contributes significantly to theoretical and practical domains by offering a pragmatic framework and better understanding for policymakers and stakeholders to focus on key factors that facilitate this process. This paper is innovative because it uses the integrative ISM–MICMAC approach, supported by a primary and brief bibliometric analysis of entrepreneurship.

Unpacking Saudi Family Firm Performance Benefits of Entrepreneurial Orientation, Digitalization, Ambidexterity, and Involvements

This study aims to enhance family firm research by introducing contemporary concepts such as entrepreneurial orientation, digitalization, and ambidexterity. It develops hypotheses to examine their impacts on family firm performance, while also exploring the influence of family and generational involvements on the relationship between entrepreneurial orientation and family firm performance. Furthermore, the study investigates the mediating role of innovation ambidexterity in the relationship between entrepreneurial orientation and performance. Using a quantitative approach, this study analyzed data from 256 Saudi family firms through structural equation modeling (SEM). The findings indicate that both firm digitalization and entrepreneurial orientation significantly affect innovation ambidexterity. Additionally, entrepreneurial orientation and innovation ambidexterity have significant impacts on family firm performance. However, firm digitalization does not demonstrate a significant effect on family firm performance. Moreover, innovation ambidexterity mediates the relationship between digitalization (fully) and entrepreneurial orientation (partially) with family firm performance. This research highlights the importance for family firms seeking to combine entrepreneurial orientation with a high degree of digitalization to explore and leverage innovative practices, especially when family involvement holds greater significance than generational involvement. These findings reinforce the notion of revitalizing entrepreneurial orientations by involving new, well-educated generations. The study also calls for further empirical research on the potential of Saudi family firms and their generations to engage in entrepreneurial behaviors, ensuring their sustainability and modernization in the digital era.

Perceived Success and Entrepreneurial Identity in West Africa

This research aims to understand the Fake It Until You Make It (FIUYMI) culture and its impact on entrepreneurial identity in the West African startup ecosystem. Self-presentation is important for entrepreneurs and often they tend to exaggerate their success. In West Africa, this is usually the case for entrepreneurs that want to gain social acceptance among their peers and to secure funding. It is represented by a desire of belonging and is amplified with digital social platforms and peer pressure. This study aims to evaluate the impact of perceived success using mixed methods research with both qualitative and quantitative data. The qualitative phase consists of semi-structured interviews with 20 startup founders from West Africa. The initial objective is to understand the motivations behind employing FIUYMI behaviour and its effect on the entrepreneurial identity and sense of success. A structured survey is then conveyed to 50 startup founders across the same region. The second objective is to quantitatively assess the prevalence of this behaviour and its impact on self-perception, and psychological well-being. Results suggest that FIUYMI is at first a good strategy for entrepreneurs to enhance perceived credibility and attract support and can be a positive tool for entrepreneurs to some extent as it boosts their confidence and network. It may later lead to psychological stress and has a perverse effect on entrepreneurs of not belonging to their community: Even when they achieve their desired outcome, they may consider their achievements to be fraudulent which is linked to a sense of imposter phenomenon. The research goal is to understand the complexities of perceived success and the ‘Fake it Until You Make it’ attitude in the West African context informing effective interventions in entrepreneurial behaviour. By showing its negative impact on an entrepreneur's journey, the research also aims to enhance accurate self-presentation and contribute to a more trustworthy entrepreneurial ecosystem in West Africa for entrepreneurs and investors.

Association Between Entrepreneurship Ecosystem and Entrepreneurial Behavior & Attitudes

Entrepreneurship ecosystem and entrepreneurial behaviour & attitudes are significantly associated with several variables associated with social development, economic development, science & technological development, intellectual property right regime, geographical location, government policies, demographical profile, and cultural aspects of the people. This study creates entrepreneurship ecosystem development index (EEDI) and entrepreneurial behaviour & attitude index (EBAI) to explain the relative performance of entrepreneurship ecosystem and entrepreneurial behaviour & attitudes, respectively. Different indicators associated with entrepreneurship ecosystem and entrepreneurial behaviour & attitudes, respectively used to create EEDI and EBAI. These indicators are recognized as a key element of entrepreneurship ecosystem and entrepreneurial behaviour & attitudes by global entrepreneurship monitor (GEM). Subsequently, it examined the association of estimated EEDI and EBAI by including some relevant indicators as control variables in proposed empirical models.

Islamic Values Amplify Entrepreneurial Confidence Through Self-Efficacy

This study examines the impact of Islamic values on the entrepreneurial behavior of Muslim business owners within the Nahdliyyin Entrepreneurs Association (HPN), with self-efficacy serving as an intervening variable. Using a quantitative approach, the research employs structural equation modeling – partial least square (SEM-PLS) and purposive sampling. Data was gathered from 92 Muslim entrepreneurs who met the criteria, through an online questionnaire distributed via Google Forms. The analysis was conducted using SmartPLS4 software. The findings reveal that both Islamic values and self-efficacy significantly and positively influence the entrepreneurial behavior of Muslim entrepreneurs. However, self-efficacy does not mediate the relationship between Islamic values and entrepreneurial behavior. These results suggest that while Islamic values and self-efficacy individually contribute to entrepreneurial behavior, the mediating role of self-efficacy may require further investigation. The study highlights the importance of fostering Islamic values and personal confidence to enhance entrepreneurial success.

It’s all about resources: Narcissistic CEOs and entrepreneurial orientation during disruptions

Research regarding the influence of personality traits, such as narcissism, on entrepreneurial orientation (EO) is burgeoning, yet the role of affective and cognitive mechanisms is under-examined. Drawing from research on conservation of resources (COR) theory, entrepreneurial cognition and emotion, we examine the narcissism-EO relationship nexus. Specifically, we analyse the mediating role of the resource-induced coping heuristic (RICH) and the moderating influence of fear on the relationship between narcissism and EO. Longitudinal data from CEO-entrepreneurs of SMEs in six countries were collected during the COVID-19 disruptions. Results suggest that the RICH fully mediates the relationship between narcissism and EO. Fear of COVID-19 (FC-19) positively influenced EO and strengthened the narcissism-RICH relationship. Further, pandemic-related disruptions negatively influenced EO and attenuated the positive influence of FC-19 on EO. These findings offer insight into the drivers of entrepreneurial behaviour during times of disruption.

Cross-Efficiency Evaluation Method with Performance Level as a Management Objective in Consideration of Bounded Rationality

According to management by objectives (MBO) theory, the significance of management objectives must be considered as a reference point in a performance evaluation. Cross efficiency evaluation has always been considered to be one of the important performance evaluation methods. However, few studies to date have considered the impact of management objectives on cross efficiency. According to prospect theory, the choice of reference point will cause irrational psychology in decision makers. A management objective is a natural reference point, which will cause a ‘gain and loss’ psychology in enterprises and may create irrational psychology. Performance level is an important index by which to evaluate resource allocation, which in turn can be regarded as an important enterprise management objective. This paper proposes a cross efficiency evaluation method based on performance level. Cross efficiency evaluation models are constructed, based on the irrational psychology that occurs under organization objectives, personal objectives and composite objectives. This method not only considers the bounded rational behavior of enterprises, but is also more flexible. A numerical example is given to illustrate the application of the bounded rational cross efficiency evaluation method in data envelopment analysis (DEA) ranking.

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.

From Risk to Reward: Understanding the Influence of Generation Z and Personality Factors on Sustainable Entrepreneurial Behaviour

Entrepreneurial intent has transformed over the last few decades to respond to current environmental, societal and economic challenges. An essential role in this transformation has been bequeathed to Generation Z. This study aims to evaluate the influence of Generation Z personality traits measured by internal locus control, perceived creativity (PC), proactive personality (PP) and sustainable perceived behavioural control (SPBC) on sustainable entrepreneurial intention (SEI) when mediated by Generation Z’s perception of risk. The sample for this study was collected through a data collection instrument in which 505 young people from Portuguese Generation Z participated. A quantitative methodology was applied through the Partial Least Square method. The results show that the personality traits, PC, PP and sustainable perceived control behaviour of Generation Z positively influence their risk perception (RP) and SEI. In turn, RP positively influences the SEI of these young people. No statistically significant relationship was found between the internal locus control of Generation Z youth and RP or SEI. This study is key to expanding identity theory to the context of sustainable entrepreneurship among Generation Z youth, highlighting how RP shapes their entrepreneurial practices. By contributing to the still scarce literature on generational cohorts in the field of entrepreneurial activity, the study offers a valuable empirical analysis of the relationship between personality traits and entrepreneurial intention. In addition, it deepens understanding of the emerging concept of sustainable entrepreneurship, providing important insights for promoting environmentally responsible business practices among younger generations.

The Impact of Strategic Entrepreneurship Behaviors on Business Performance in Turkish SMES: The Role of Business Model Innovation and Competitive Intensity

The Impact of Strategic Entrepreneurship Behaviors on Business Performance in Turkish SMES: The Role of Business Model Innovation and Competitive Intensity

Local CEOs and environmentally-friendly enterprise behaviour

Using the Poisson regression method, this research analyses the impact of local CEOs on the environmentally friendly behaviours of enterprises and delves into the mechanisms, which have received limited attention in the literature. The findings reveal that local CEOs can significantly encourage enterprises to engage in environmentally friendly behaviours, and this influence is mediated primarily through internal motivation and external sanctions. Additionally, the research revealed that the promotion effect of local CEOs on the environmentally friendly behaviours of enterprises is more pronounced in regions with favourable natural endowments and in private enterprises. Even under the pressure of tenure, local CEOs continue to significantly stimulate the implementation of environmentally friendly practices and complement the formal institutional framework through their informal institutional role.

Profiling teacher leaders through entrepreneurial behaviours: a cluster analysis

Profiling teacher leaders through entrepreneurial behaviours: a cluster analysis

Four-Party Evolutionary Game Analysis of Value Co-Creation Behavior of Bulk Logistics Enterprises in Digital Transformation

Four-Party Evolutionary Game Analysis of Value Co-Creation Behavior of Bulk Logistics Enterprises in Digital Transformation

Transitioning from entrepreneurial education to entrepreneurial behavior: The role of opportunity recognition, entrepreneurial social networks, and risk-taking propensity

This study aimed to explore the impact of entrepreneurial education on entrepreneurial intention, with a focus on the mediating roles of opportunity recognition and entrepreneurial social networks among university students in China. Additionally, the study examines the relationship between entrepreneurial intention and behavior, considering the moderating effect of risk-taking propensity. A quantitative research method was employed, and data were collected through a structured questionnaire administered in two rounds. A sample of 469 undergraduate and postgraduate students from Guangzhou University was selected using a non-probability convenience sampling method. The data were analyzed using partial least squares structural equation modeling (PLS-SEM) with Smart-PLS software version 4. The results indicate that entrepreneurial education is a positive and significant determinant of entrepreneurial intention. Furthermore, the findings reveal that entrepreneurial education mediates the relationship between opportunity recognition, entrepreneurial social networks, and entrepreneurial intention. The study also shows that risk-taking propensity positively moderates the relationship between entrepreneurial intention and behavior. Finally, the study concludes with theoretical and practical implications for universities, researchers, and policymakers in China.

Entrepreneurial intention among Colombian university students: A theory of planned behavior analysis in Colombia

Studies on entrepreneurship have used several approaches, among which, research on entrepreneurial intention (EI) can be highlighted. Studies on EI help researchers better understand entrepreneurial behavior. In this sense, one of the most relevant frameworks in EI studies is the Theory of Planned Behavior (TPB), which stands out for its predictive capacity, mainly in a university context. The aim of this research was to determine the relationship between the variables of Personal Attitudes (PAs), Subjective Norms (SNs), and Perceived Behavioral Control (PBC) with respect to the EI of university students in Colombia. For this purpose, we constructed a model that integrates the elements of the TPB with EI with reference to the validated instrument of the Global University Entrepreneurial Spirit Student's Survey (GUESSS) project applied to a sample of 12,383 students. The estimation of the model uses structural equations (SEMs) by means of Partial Least Squares-Path Modelling (PLS-PM). The findings show that PAs and PBC are determinants of EI, while SNs have no direct influence; however, their effects are indirect. These results have implications for how to promote entrepreneurship in emerging economies through the university environment. The results indicate that the development of students' capabilities is essential for entrepreneurship and its incorporation into the university's knowledge transfer model.