Entrepreneurial Business Research Articles

Факторы, определяющие вклад малого и среднего бизнеса в экономику регионов России

This paper researches the parameters which can influence the development of small and medium-sized business in the regions of the Russian Federation. The theme is relevant because of the Russian government's special attitude to the small and medium-sized entrepreneurship (SME). Nowadays the national project “Small and Medium-Sized Business and Support for Individual Entrepreneurs” takes place, but its result might depend on some features of the regions. The main goal of the research is to find some factors that influence a share of the gross regional product produced by SMEs. For our research the sample includes data of 85 regions of the RF at the end of 2021. After the tests and changes needed, we estimated an econometric equation using OLS method. The independent variables in the model are as follows: a share of urban population which determines the basic conditions for a business, a number of the universities as a characteristic of the opportunities for mastering some professional skills, a wages index and an informal sector employment share, the amount of investment in fixed assets as a level of the regional development, indexes of innovation of a regional economy and SMEs, loans to SMEs, a number of the government's programs to the SMEs support. Statistics were taken from the Federal State Statistics Service publications, information-analytical materials of the Bank of Russia and other sources. The hypothesis of the research is our assumption of the positive influence of the factors under investigation on the dependent variable. The hypothesis was proved partly because not all the factors influence the development of SMEs.

Comparative analysis of marketing research methods and their impact on product and service development

In the article, the authors conduct a comparative analysis of marketing research methods and examine their impact on the development of products and services. As a result of this analysis, the authors identified the main trends in the field of marketing research, which in the future can serve as the basis for recommendations for optimizing strategies aimed at increasing the competitiveness of products and services in the market. The study identifies key approaches to marketing research, such as market analysis, competitiveness, consumer behavior and others. The authors of the article highlight the advantages and disadvantages of each marketing research method, highlighting their applicability in various scenarios and industries. Particular attention is paid to the influence of marketing research results on product and service development strategies, as well as on management decision-making. The study provides readers with an in-depth analysis of how effective marketing research methods can contribute to successful innovation and increased competitiveness of the entire company. Ultimately, the scientific results obtained by the authors and presented in the article help business representatives, entrepreneurs and marketers make informed decisions based on the results of qualitative and quantitative marketing research, contributing to the long-term success of companies in the market.

IMPACT OF ARTIFICIAL INTELLIGENCE ON MANAGEMENT OF ENTREPRENEURIAL STRUCTURES

The article highlights the increasing complexity of management processes within entrepreneurial structures and the connection between these complexities and the expansion of business entities' interactions with various internal and external factors (such as the market, competition, technological and personnel changes, etc.). The article emphasizes the potential to streamline targeted interventions in managing entrepreneurial business structures amidst the influence of various factors. It also discusses the significant potential for enhancing the rationale behind managerial decision-making by utilizing artificial intelligence systems. The article aims to outline the content and overall characteristics of how artificial intelligence influences the management of entrepreneurial structures. The significance of the research is underscored by the fact that the impact of artificial intelligence on this specific domain lies in the ability to employ intelligent machines capable of performing managerial tasks typically requiring human intelligence.

Study on the development of innovative and entrepreneurial business talent training models in higher education institutions in frontier ethnic regions

Study on the development of innovative and entrepreneurial business talent training models in higher education institutions in frontier ethnic regions

The positive significance of ideological and political teaching in colleges and universities based on HOG feature extraction to college students’ innovation and entrepreneurship

Abstract This paper designs an intelligent ideological teaching model integrating innovation and entrepreneurship education under the guidance of the “6C+6E” theory. In this model, the features are first extracted by the convolution operation of the student face image through the Gabor algorithm. The features extracted by HOG algorithm based on integral graph are concatenated to get the fusion of student face features. Then SVM algorithm is used to classify and recognize the student’s facial features. In the classroom, applying this ideological and political teaching mode, the overall concentration situation of the class reached 0.9988 points at the best time. In contrast, the concentration of the traditional innovation and entrepreneurship teaching classroom were all lower than 0.4 points, and the highest rate of students’ heads up in the overall classroom reached 98.19%. After the implementation of the teaching, there is a significant change in the mean score of students’ awareness of entrepreneurial value (P=0.011<0.05) and understanding of entrepreneurial business opportunities (P=0.016<0.05), which has increased by 50.45% and 36.41% relative to the pre-implementation of the teaching. The Civics teaching model constructed in this paper lays the foundation for the effective development of innovation and entrepreneurship education in colleges and universities and provides a reference basis for the improvement of students’ innovation and entrepreneurship awareness.

Produção imobiliária em periferias de São Paulo: ilegalismos sob lógica rentista

Abstract The production of São Paulo's peripheral territories has changed due to the crisis in salaried employment, changes in socio-economic profile, access to credit, public housing policies, and the formation of a multi-scalar market arbitrated by illegal market operators. Entrepreneurial business networks, including real estate, have emerged as an investment opportunity for the money accumulated in these territories. New buildings in border areas with a rent-seeking use point to new power arrangements based on illegalisms that articulate scales in a market-based production, disputing the forms of political association of the previous period. The methodology is based on secondary sources and direct field research in São Paulo's slums, carried out by a multidiscipli nary team over the last five years.

Corporate social responsibility of small business entrepreneurs: a critical review of stakeholder's perspective

Corporate social responsibility of small business entrepreneurs: a critical review of stakeholder's perspective

Hannah Gadsby: Emotional Capital and Affective Economies in Stand-Up Comedy

Being a stand-up comic requires skills: the ability to craft jokes and perform them; the capacity to “read the room” and adapt material during the performance; and business savvy needed to network with fellow comics and industry gatekeepers. Comedians are performers as much as they are business entrepreneurs for their own brand. Negotiating these demands requires emotional capital which, like other forms of capital, is unequally distributed and identity-contingent. High levels of performances of emotional capital can inform success by ensuring good working relationships with others in the industry and developing content that will effectively elicit laughter across communities. Comics attuned to patterns of comedy patronage understand that they are selling entertainment as well as an emotional experience and learn to comply with affective dictates of this performance genre. But not all comics are compliant, nor can they be when affective demands posing as natural are meant to favor cis-gendered, heterosexual, white, able-bodied men. By contrast, Hannah Gadsby is a gender non-conforming, neurodiverse, white, lesbian stand-up comedian whose very existence in comedy venues as well as their comic material itself troubles traditional constructions of emotional capital necessary for effective comedy performance while simultaneously defying the emotions typically demanded from comic performances. They resist and are sometimes unable to deploy the kinds of emotional capital presumed necessary for securing success in the industry. Gadsby’s perceived deficiencies in emotional capital tell us much about the ascendant affective economies circulating today—in green rooms and on stages across the world.

Aprendizagem empreendedora para a inovação: Um estudo de múltiplos casos

Abstract Purpose: The contributions of individuals in the innovative process and the way they learn are crucial. However, the various entrepreneurial learning modes are neglected in discussions about innovation. That said, innovation is considered to emerge from continuous learning processes and the accumulation and development of knowledge from relationships, experiences, skills, and information. Thus, this work aims to identify how small business entrepreneurs adopt the different learning modes in their innovation actions. Originality/value: The academic contribution of this research is to present initial steps regarding entrepreneurial learning modes in conjunction with innovation. On the other hand, the practical contribution refers to understanding the different forms of learning that can be considered for innovation, which the study will provide to small business entrepreneurs. Design/methodology/approach: The research strategy adopted was multiple case studies and content and cross-case analysis techniques were used for data analysis. Findings: Research results show that experiential, through networks, formal, and vicarious learning are important modes to help entrepreneurs achieve market distinction through innovative solutions. Thus, the knowledge accumulation provided by the different learning modes studied resulted in implementing various innovation actions, mainly in services, in the companies participating in the study.

ETHNIC FOOD TRUCK CONSUMERS’ SATISFACTION: A COMBINATION OF PLS-SEM AND fsQCA ANALYSIS

Food trucks represent a unique dining option that encompasses elements such as culinary innovation, small business entrepreneurship, and cultural diversity. Grounded in the self-determination theory, this research aimed to examine a framework of ethnic food truck visitors’ satisfaction using symmetric and asymmetric approaches. Drawing from a sample of 416 online respondents, the symmetric analysis revealed that brand image mediated the relationship between the quality concepts (food quality and delivery quality) and satisfaction. In addition, destination image mediated the relationship between authenticity concepts (food authenticity and atmosphere authenticity) and satisfaction. Cuisine type partially moderated the structural model consisting of quality, image, and satisfaction. Through an asymmetric approach, the study identified configurations predicting high and low satisfaction, highlighting the combined effects of multiple ingredients. These insights provide valuable theoretical and managerial implications for understanding customer satisfaction within the food truck industry.

Analysis of E-Commerce Based on Business Incubators as an Effort to Improve the Sports Industry for MBKM Partners' Entrepreneurial Activities

Based on observations made by researchers, it was found that 1) The current global era makes challenges and competition increasingly sharp in capturing market share so that companies are required to utilize their resources effectively and efficiently in order to have a competitive advantage, 2) In Indonesia, the results of a survey conducted BPS also shows that as many as 84.92% of business actors still do not use E-commerce for various reasons, 3) General problems faced by MSMEs in Indonesia in developing their businesses include a) limited funding for business development b) low quality of human resources c) low ability to produce innovative products and d) weak mentoring (incubation). The research objective is to examine business incubator-based e-commerce as an effort to improve the sports industry for the entrepreneurial activities of Merdeka Belajar Kampus Merdeka (MBKM) partners. The research method uses descriptive quantitative qualitative research methods with a survey approach. The subjects of this research are the sports industry business people in Cirebon who understand the concept of business incubators selected using a purposive sampling technique. The results of this research show that sports industry entrepreneurs in Cirebon with presentations (55%) have a high level of influence in improving the sports industry. The conclusion of this research is that the use of business incubator-based e-commerce to improve the sports industry can give rise to new entrepreneurs who participate in developing the business of sports industry entrepreneurs in Cirebon, and the target of increasing the economic growth of the sports industry in the entrepreneurial activities of MBKM partners is achieved.

The Influence Of Price, Service Quality And Product Quality On Purchasing Decisions At Syakila Bakery Shop Bengkulu City

The development of the world of business has made business entrepreneur competitive. Various approaches have been taken to gain consumer sympathy, both through improving advice and infrastructure with high-tech facilities and by developing human resources. There is so much competition and the desire to provide the best to consumers has given consumers the position of decision makers. The increasing number of products types and businesses that are the same or similar to the various services or products offered, makes people make choices according to their needs. The purpose of this research is to determine the extent of the influence of price, service quality and product quality on purchasing decisions at Syakila Bakery shop Bengkulu City. This type of research is quantitative. The method used is a questionnaire. The sample of this research was 150 respondents. The results of the research show that the multiple linear regression obtained Y = 36,781 + -0,293 X1 + 0,237X2 + 0,381 + 4,527. The results of the price test (X1) show t count 4.011 > 1.655 and significance 0.00 < 0.05, so the results of hypothesis Ha is accepted and Ho is rejected, meaning that price has a positive and significant effect on purchasing decisions at Syakila Bakery shop, Bengkulu City. the results of the service quality test (X2) show t count 3,116 > 1,655 and a significant value of 0.000 < 0.05 means Ha is accepted and Ho is rejected. The product quality test results (X3) show t count 5,231 > 1,655 and a significant value of 0.000 < 0.05 meaning Ha is accepted and Ho is rejected. Keywords: Price, Service Quality, Product Quality, Purchasing Decisions. Student (Management) Supervisors

GUANXI (RELATIONSHIP) AND ENTREPRENEURSHIP: THE DEVELOPMENT STRATEGY OF CHINESE MUSLIM WOMEN ENTREPRENEURSHIP ON WECHAT BUSINESS

The concept of guanxi has a strategic role in the development of WeChat business. The purpose of this study is to explore how can Muslim female entrepreneurs use the guanxi to build WeChat business development strategies. The authors use a qualitative research design and the data for our survey was obtained from 8 female entrepreneurs in Yiwu city with in-depth interviews methods. The authors explain how entrepreneurs in WeChat business establish a WeChat business development strategy through in -depth interviews with entrepreneurial women. This study found that the strategic development of WeChat business highlights the establishment of relationship, relationship maintenance. The aim of development strategy of WeChat business is improving the loyalty of customers to meet the long -term desire of customers' purchase. In addition, the survey found that the emotional connection between buyers and sellers on WeChat business has become an important part of the sales process in social media. It can be concluded that Muslim female entrepreneurs found that it is easier to establish trust and contact with Muslim groups through faith identification. Muslim women entrepreneurs maintain close emotional connections with consumers and stakeholders through mutual support and encouragement. Furthermore, emotional connections promote the development of their business in WeChat.

Analyzing the key determinants of Investment decisions while setting up an entrepreneurial business in the United Kingdom

Start-ups are essential in developing products in the United Kingdom’s economy by stimulating modernization and robust competition (Dr. Achibane & Jamal, 2018). Notwithstanding start-ups’ vast influence on British economic development, several challenges are coercing these promising ventures. Nearly 40% of UK start-up ventures fail due to obstacles regarding raising new capital in the seed stage (Philips, 2019). The capability to access finance is significant for a start-up regarding starting investment for the business, increasing growth development, and smoothing day-to-day business activities related to cash (Andreas Kuckertz, et al., 2020). This study will also focus on understanding the major constraints faced by entrepreneurial ventures in the United Kingdom while accessing the capital market during the starting phase. The starting stage of a firm refers to the pre-commercialization stage when there is no product to commercialize. In this stage business idea is tested for its viability. Capital needs to channel Research and Development, conduct market research, expand the efficient team, and so on (Hisrich, 2013). Therefore, this study aims to find out the important determinants of investment decisions during the starting stage of UK ventures. To conduct the research, data were collected by using primary and secondary sources. To gain primary data researcher used an online closed-ended questionnaire. The questionnaires were distributed to the innovators from the London region via emails or social media platforms. The convenience sampling technique was used to reach these 70 innovators, but 50 responses were received from those respondents. Findings show that most of the respondents identified that the majority of the lenders asked for business plans, guarantors, and professionally audited financial reports which are not easy to generate at the start-up stage by the entrepreneurs.

Analysis of social entrepreneurship ecosystems in the international context

The article examines the ecosystem of social entrepreneurship, its players and identifies its types. The topics of ecosystem and ecosystems of social entrepreneurship are studied in various scientific and literary sources. It has been established, the ecosystem of social entrepreneurship has rarely been the subject of ecosystem studies. Based on the analysis of ecosystems in the international context, the main problems of the social entrepreneurship ecosystem in Ukraine have been identified. The social entrepreneurship ecosystem is a comprehensive tool for supporting social enterprises and social initiatives that aim to solve social problems and improve the quality of people’s lives. The ecosystem formula is a triangle that combines local government, community, and business into a coherent network to support and promote the growth of social enterprises. Ecosystem logic allows us to maintain the required level of innovation and not lose our position in the competitive market. Depending on the key players and elements, the social entrepreneurship ecosystem can be typed through certain components. 7 different types of social entrepreneurship ecosystem and their brief characteristics are presented in this article. In the study, we analysed ecosystems in four countries, including Ukraine. It is found that in the studied countries there is a significant number of types of social entrepreneurship ecosystems. Most social entrepreneurship ecosystems are present in the Netherlands — six types, of which the business ecosystem is the most powerful and efficient. Canada has the most developed ecosystems, and the financial ecosystem is a priority. There are five social entrepreneurship ecosystems in Malaysia, the same as Canada, but the priority is given to the state ecosystem. So, from the experience of these countries, to develop a powerful and effective ecosystem of social entrepreneurship in Ukraine, we must take the experience of government support from Malaysia, experience in financial initiatives from Canada and experience in creating collaborations between business, private sector, and social entrepreneurs from the Netherlands. The leaders in the development of the social entrepreneurship ecosystem in Ukraine are Ternopol and Vinnitsa, two regional centres. Obstacles to social entrepreneurship in Ukraine are lack of funding, low level of social awareness, lack of understanding on the part of society, imperfect legal regulation, and insufficient government support. It is determined that for the effective operation of the social entrepreneurship ecosystem in different countries of the world, there should be assistance from the State, business, and the public, as well as improving the conditions for their activities.

Analysing the key Challenges that women Entrepreneurial businesses are facing in the UK: The case of BAME Group

Black Asian Minority Ethnic (BAME) women entrepreneurs are facing several challenges while initiating new business development including professional skills, funding opportunities and other social challenges (Sahira & Surangi, 2022). According to Lawton and Owalla (2021), white entrepreneurs have higher rate of success in terms of operating the business profitably comparing to BAME groups. Therefore, this research will investigate key challenges and barriers that BAME women entrepreneurs are facing in terms of professional skills, business knowledge, understanding market, product innovation and how to deal with various changes in the business environment. Primary data was collected via the qualitative research method and data was gathered through semi-structured interviews from twenty-seven participants. All participants are based in UK from the BAME community and are involved with operating SME businesses in the various sectors. The findings revealed that access to finance, professional skills linked to business, communication (including language) issues and prejudiced attitudes were the major challenges that BAME female entrepreneurs are facing in the UK. However, there is a need for more extensive research. Future research would formulate both gender-related aspects and the racial or cultural aspects affecting the BAME female entrepreneurs’ appearance in the business world.

Entrepreneurship education and established business activities: An international perspective

This paper introduces a conceptual model with perceived opportunity and perceived capability as mediators in the process by which entrepreneurship education helps improve the established business activities. Specifically, we hypothesize that the prevalence of entrepreneurship education relates positively with the rate of established business activity, and that perceived opportunity and capability mediate this relationship. We find support for all our hypotheses using Poisson regression with the Global Entrepreneurship Monitor data collected from 826 participants across 107 countries during the 2001–2018 period. Our findings confirm that entrepreneurship education has a significant positive impact on the performance of established businesses by helping the entrepreneurs improve their perceived capabilities and opportunities. These findings extend the current research on the impact of entrepreneurship education on entrepreneurial activities at different stages of development for entrepreneurial businesses.

Business incubators in Africa: a review of the literature

ABSTRACT This paper reviews research on business incubators in Africa, as a policy tool for supporting entrepreneurial businesses. Combining bibliometric and narrative approaches, it identifies five themes in the literature: incubator types and support; incubator performance and innovation; incubator impact on businesses and economy; incubator role in start-ups; and incubator as enabler of learning. It also highlights gaps for future research, including the lack of studies on climate change and industrialization; the limited evidence on how to improve incubator support; the absence of studies on adaptive, responsive and inclusive incubators; and the scarcity of rigorous impact evaluations. The paper concludes that incubators are useful for enterprise development in Africa but need collective research and policy efforts to strengthen their contribution.

Testing the Application of the Integral AQAL Model in Entrepreneurial Coaching in South African Business Incubators

Objective: Despite significant investment in entrepreneurial coaching in South Africa, the failure rate of small businesses remains high. This empirical study addresses this issue by creating an effective entrepreneurial coaching framework with the help of business incubators, entrepreneurs, coaches, and industry experts. Research Design & Methods: The study used a quantitative cross-sectional design, with a questionnaire distributed to 296 entrepreneurs and statistical analysis performed using SPSS and STATA software. Findings: The findings support the AQAL model of Ken Wilber in how the entrepreneurial outcomes relate to each other. The findings also align with the literature's emphasis on relationship building as a key factor for business growth, with relationship building emerging as the only statistically significant predictor of business growth. Implications and Recommendations: Relationship building should be prioritised over other coaching outcomes, such as self-efficacy, entrepreneurial resilience, and visionary skills, by entrepreneur development practitioners. Contribution & Value Added: These findings have implications for entrepreneurial coaches, policymakers, and professional bodies, urging them to understand entrepreneurs' contexts, take a systemic approach to entrepreneurial coaching, and provide guidance on industry developments and best practices. It is expected that by implementing these recommendations, the proposed entrepreneurial coaching framework will contribute to better outcomes for entrepreneurs and their incubated businesses.

A Trend Analysis of Business Funding Patterns and Sources Among Student Entrepreneurs at the Institute of Higher Learning Level : Implications for Entrepreneurship Education and Support Programs

Business funding plays a pivotal role in facilitating entrepreneurial ventures, enabling them to initiate or expand their businesses effectively. Diverse funding sources, such as personal savings, venture capital, business angels, business loans, and government assistance, have been recognized as crucial means of financial support. However, for student entrepreneurs currently pursuing higher education, the suitability of these funding options is subject to several complexities. The inexperience in commencing a business, the commitment to academic pursuits, and adherence to specific student policies and eligibility criteria necessitate a more tailored analysis. Therefore, this paper delves into a trend analysis of business funding exclusively among student entrepreneurs. Drawing on data sourced from the esteemed Malaysian Academy of SME & Entrepreneurship Development (MASMED), at Universiti Teknologi MARA (UiTM), Malaysia, this study investigates business funding sources, business funds secured, business categories, and the level of student involvement over multiple years. This empirical examination and subsequent discussion provide invaluable insights into discerning patterns and shifts in student entrepreneurial business funding strategies. By scrutinizing these trends, a prediction students' decisions to venture into entrepreneurship, particularly with regards to securing adequate business funding can be developed. Furthermore, this study's findings pave the way for more comprehensive investigations, guiding potential policy enforcements in both governmental and private sectors pertaining to business funding. Ultimately, the elucidation of these trends contributes to fostering an ecosystem conducive to the growth and sustenance of student-led enterprises, unlocking new avenues for economic and societal development.