Entrepreneurship Development Research Articles

Антикризові напрямки розвитку післявоєнного підприємництва в Україні

In the article, the authors researched the priority areas of development of post-war entrepreneurship in Ukraine. In order to assess entrepreneurial activity in the conditions of martial law, profitability indicators of enterprises were studied and their dynamics were determined. A special place in the research process is occupied by the analysis of registered legal entities and individual entrepreneurs. The analyzed indicators of the volume of industrial products sold and indexes of industrial products are quite significant and indicative in the assessment of business activity. State and donor programs, private initiatives of the EU to support entrepreneurs in war conditions are characterized in the work, and anti-crisis directions of entrepreneurship development are determined.

Державне регулювання розвитку малих підприємств у контексті відновлення територіальних громад Одеської області

To date it is difficult to predict how small businesses will function in the post-war period. Thus, public regulation and support for small businesses in the post-war period becomes an extremely important issue. The article aims to propose the ways to improve public regulation of small businesses development in the context of the Odesa region’s territorial communities recovery. The author analyzes the research literature on the topic, makes a SWOT analysis of the Odesa region’s small businesses development. The ways for improving public regulation of small businesses development in the form of a model are proposed. The model includes the following components such as creating a small businesses support infrastructure; administrative procedures simplification; financial support; education and training; entrepreneurial ethics and culture development; partnership with local authorities and NGOs; stimulation of innovation and technological development.

Eco Printing as an Environmentally Friendly Effort in Malaysia

Eco print is not widely known by the wider community. Although this method, apart from being an effort to preserve nature, can also be used as a creative economic development. Therefore, this community service aims to provide skills training to Universiti Malaysia Kelantan students to be able to become entrepreneurs using Eco print techniques by utilizing the potential of leaf media. This community service activity was carried out at Nahdlatul Ulama University Surabaya, namely by providing prior education regarding Eco printing. Then, it was continued by providing training on Eco print making techniques which consisted of scouring, mordanting and finally scouring. The partners for this community service activity were 14 students from Unirversiti Malaysia Kelantan. The results of this community service show an increase in participants' knowledge regarding Eco print techniques. Before the counseling was carried out, some of the participants had less knowledge of 73%. After the Eco print counseling and training was carried out, almost all of the participants had good knowledge of 80%. This ecoprint counseling and training is hoped that students from Universiti Malaysia Kelantan can initiate an Eco print entrepreneurship development program in their country

The Current State of Research on the Development of Entrepreneurial Competence in Vocational Education

This research paper delves into the current state of outline of entrepreneurial competence development in vocational education. It analyzes the research problems of domestic and international researchers from 2016 to the present, drawing conclusions about the effectiveness of the economic component of content in vocational education and the level of development of entrepreneurial competence for changing students' economic behavior. The research identified a prevalence of theory over practice, highlighting the challenge of implementing entrepreneurial practices, internships, mobility programs, and grant project participation for educators and students. The study underscores the need for state support and assistance for future entrepreneurs, improvement of the quality and quantitative indicators of the effectiveness of students, and official registration of youth startups. The study offers recommendations for enhancing the pedagogical effectiveness of entrepreneurial competence development in the vocational education system: curriculum revision: review and update the content, means, and methods of instruction to incorporate interactive learning forms that foster entrepreneurial competence development; personnel education: training future teachers of vocational (technical and vocational education) who are capable of developing entrepreneurial competence; institutional collaboration: establish cooperation between state institutions (vocational education institutions and employment centers) to provide graduates of vocational educational institutions with non-reimbursable state financial assistance for entrepreneurial activities. The study emphasizes the crucial role of entrepreneurial competence development in preparing students for the dynamic and competitive labor market. By implementing the proposed recommendations, vocational education institutions can effectively equip students with the necessary skills, knowledge and attitudes to navigate the entrepreneurial activities and contribute to economic growth.

DIGITAL FOUNDATIONS FOR BUSINESS DEVELOPMENT IN THE FIELD OF RENEWABLE ENERGY

The article focuses on specifying the digital foundations for the development of entrepreneurship in the field of alternative energy. It's proven that these technologies are a catalyst for innovation, process optimization, and the creation of new business models that contribute to the industry's sustainable development. The components that guide the digitalization of processes related to the production, distribution, storage, and sale of electricity have been identified in the following areas: intelligent energy systems, Internet of Things networks and Big data systems, digital platforms, and marketplaces. The components that adjust the digital development of each individual or company engaged in business related to the production, distribution, storage, or sale of renewable energy have been identified in the following areas: 3D printing, robotics, and blockchain technology. It has been established that the digital foundations for thе entrepreneurship development in the field of alternative energy are directed towards process optimization, increased efficiency, cost reduction, and the creation of new business models.

Social entrepreneurship as a strategic pattern for the development of the Ukrainian economy

This article explores social entrepreneurship as a strategic pattern for the development of the Ukrainian economy. The authors analyze the current state of social entrepreneurship in Ukraine, its role and impact on addressing urgent social issues such as poverty, unemployment, inequality, and environmental challenges. Special attention is given to how social enterprises can contribute to sustainable economic development and social stability amidst continuous economic and political changes. The article also examines international experiences and recommendations for the development of social entrepreneurship that can be beneficial for the Ukrainian context. The study is based on the analysis of scientific literature and empirical data, which allows the conclusion the potential of social entrepreneurship as a key element in the strategic development of Ukraine.

Addressing Food Insecurity in South Sudan: Insights and Solutions from Young Entrepreneurs

This study explores food insecurity in South Sudan through the lens of young entrepreneurs, revealing insights into understanding the causes, coping strategies, and innovative solutions. Analyzing survey responses reveals a complicated problem linked to poverty, conflict, climate change, and economic instability. We surveyed 19 standout candidates selected from 325 South Sudanese participants from the United Nations Institute for Training and Research (UNITAR’s) hybrid training on entrepreneurship and agribusiness, who successfully passed the assessment criteria to attend a workshop in Hiroshima, Japan, in February 2024. These participants clearly depicted the dire circumstances, with widespread food insecurity, heavy reliance on humanitarian aid, and prevalent malnutrition, especially in conflict-affected regions like Yambio. Conflict, climate shocks, economic instability, and inadequate infrastructure emerged as primary drivers of food insecurity. Despite these challenges, young entrepreneurs express a keen desire to contribute to solutions, advocating for sustainable agriculture, entrepreneurship, and education initiatives. During conflict, coping strategies vary from reducing meal frequency to diversifying diets and engaging in subsistence farming. The innovative solutions proposed include sustainable agricultural practices, value chain development, and technology adoption. The study underscores the urgent need for comprehensive strategies addressing the root causes of food insecurity while empowering communities and young entrepreneurs to foster resilience. Sustained support in youth agri-business capacity building and entrepreneurial skills development, increased agricultural investment, infrastructure enhancement, and targeted youth empowerment initiatives are emphasized. Through collaborative efforts, South Sudan can progress towards achieving resilience and improving food security.

Reducing Obstacles for Small and Medium Enterprises Via Digitalisation: Albania’s Case

Within the framework of modern economic science, scientists are increasingly focusing on the role of small and medium-sized enterprises. This is determined by the many benefits they provide for the country’s development. Digitalisation is one of the opportunities that can make these structures function more efficiently. Therefore, an assessment of its possibilities for different countries is still relevant. The assessment was made for Albania in the research. The research aims to show the level of digitalisation of small and medium-sized enterprises in the country, as well as to provide recommendations for future policy development in this area. The main research methods used in the study were analysis, forecasting, abstraction. The study describes the role of small and medium-sized enterprises in Albania’s economic development and the importance of digitalisation in facilitating their growth. The study also surveyed more than 100 enterprises and based on selected statistics, described the relationship between marketing budget, years of existence and use of social media. The study also focused on the benefits of digital technologies for organisations, such as the automation of internal processes, and improved communication between the company and potential buyers (target audience). The study provides recommendations for further policymaking in small and medium-sized enterprise (SME) development based on the identified weaknesses of SME development in Albania. This study contributes new knowledge to the field of entrepreneurship development in countries, small and medium-sized companies. In addition, it provides a better understanding of the peculiarities of the Albanian economy.

Measurement and characteristics of high-quality development level of innovation and entrepreneurship based on EM-AHP-TOPSIS

By constructing an evaluation system for the high-quality development of innovation and entrepreneurship, an evaluation index system was established in this study from five aspects: the background, process, input, output, and transformation of innovation and entrepreneurship, and analytic hierarchy process (AHP) and entropy method (EM) were adopted to perform combination weighting. Then, the core of each subsystem and the comprehensive score were calculated based on the TOPSIS method, the high-quality development level of urban innovation and entrepreneurship in 19 vice-ministerial cities like Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Shenzhen, and Chengdu in China was measured, and the innovation and entrepreneurship development level and structural characteristics were analyzed from five aspects. The results show that Shenzhen, Shanghai, Beijing, Nanjing, and Guangzhou take the lead in the high-quality development of innovation and entrepreneurship, while Xi’an, Chengdu, Hangzhou, Wuhan, Qingdao, Jinan, and Ningbo are in the medium level. Chongqing, Shenyang, Dalian, Harbin, Xiamen, and Changchun perform poorly in the development of innovation and entrepreneurship with problems of interregional large gradient difference in capacity and unbalanced development, which provides an important reference for understanding the current situation, advantages, and disadvantages of innovation and entrepreneurship education development in various economic zones.

SOCIAL INNOVATIONS AND SOCIAL ENTREPRENEURSHIP IN THE CONTEXT OF POST-WAR RECOVERY OF UKRAINE: CONCEPTUALISATION AND LEGAL ASPECTS

Global experiences of post-war and post-conflict recovery and reconstruction show that preparations for the post-war period should begin even before the conflict ends. For Ukraine's post-war recovery, promoting social entrepreneurship and implementing social innovations is crucial. These efforts will foster practical cooperation between the state, businesses, and the public, addressing various challenges collectively, solving socio-economic problems, and implementing reforms. The purpose of this article is to study the essence and evolution of knowledge about constructs and concepts in the fields of social innovation and social entrepreneurship, to substantiate the opportunities for the dissemination of social innovations, and to create conditions for social entrepreneurship in addressing social needs in the context of Ukraine's post-war recovery. Given its fragmented conceptualisation and widespread use by scholars, policymakers, and practitioners, this study is driven by the need for a theoretical justification of social innovation and entrepreneurship. Methods: To achieve this goal and solve specific tasks, empirical and theoretical research methods were used: analysis, synthesis, and generalisation. These methods, applied at a dialectical level, provide a scientific basis for theoretical and methodological approaches to introducing social innovations in public life. With the help of multidisciplinary ontological analysis and the use of bibliometric indicators, such as citations, co-citations, bibliometric links and coincidences, the main research trends in the knowledge clusters of social innovation and social entrepreneurship were identified. This was accomplished through system mapping with the VOSviewer tool and the analysis and synthesis of publications on social innovation and social entrepreneurship for deep theoretical and practical understanding, as well as evaluation of current research at the interdisciplinary level. Results and Conclusions: Ukrainian legislation does not define the concepts of "social innovation" and "social entrepreneurship," which hinders the development and functioning of social entrepreneurship and the production of social innovations. The war and its aftermath have created new challenges that require new practical approaches and means of solving social problems. One of these approaches is to combine the measures of the current social policy in Ukraine, limited by the organisational and financial involvement of the state in solving social problems, with the possibilities of public participation and entrepreneurial activity. Introducing modern world practices of social innovation and social entrepreneurship, as well as regulatory regulation of social enterprises, will be an essential step towards developing the non-governmental sector of social development and social protection policy.

The role of effective communication and collective intelligence in digital transformation of a company

The subject of the study is the role of effective communications and the mechanism of meaning emergence in the collective mind of a complex commercial social and technical system. We have synthesized the provisions of traditionally studied separately spheres of knowledge such as the communication theory, collective intelligence, corporate culture management, and motivation theory in the context of digital transformation of companies. The analysis of these concepts together provides a deeper understanding of the knowledge acquisition processes necessary to improve digital transformation effectiveness. The paper formulates the effective communication management principles that contribute to tacit knowledge identification and its successful formalization. We have proposed a distinction of related terms such as data, information, knowledge, understanding, wisdom, and vision. The applied nature of the study is to deepen the understanding of the mechanism of innovative ideas emergence and to propose measures to minimize the risks of managing the communication system in organizations. The following approaches have been considered: values management, emotional intelligence development, decision-making routes and motivation mechanisms personalization, communication formats specification. The article may be useful for researchers whose interests include innovative trends in management, entrepreneurial activity development and enterprises digitalization effectiveness. The study results may be useful for managerial practitioners who develop and implement strategies for enterprises innovative development.

The Impact of Digital Economy on Entrepreneurial Activity in Chinese Cities: Theoretical Mechanisms and Policy Recommendations

This study delves into the mechanism of the digital economy's impact on entrepreneurial activity in Chinese cities, and analyzes the role of the digital economy in enhancing entrepreneurial activity with empirical data. It is found that the digital economy significantly promotes the enhancement of urban entrepreneurial activity by reducing entrepreneurial costs, improving market efficiency, and optimizing resource allocation. Meanwhile, this study also puts forward targeted policy recommendations with a view to further utilizing the role of digital economy in promoting urban entrepreneurship development.

PARTICIPATORY MODEL OF SOCIAL ENTREPRENEURSHIP DEVELOPMENT AS A DETERMINANT OF VETERANS' AND THEIR FAMILY MEMBERS' REINTEGRATION: THEORETICAL FRAMEWORK

The purpose of the paper is to state the theoretical framework for the formation of a participatory model of social entrepreneurship development as a tool for the reintegration of military personnel, veterans and their family members, based on the identified views of veterans and their family members regarding the role of certain institutions of society in the development processes of social entrepreneurship. Methodology. The research is based on the results of a survey with blocks of questions aimed at studying certain aspects of the participatory approach to the development of social entrepreneurship: the state, hromada, business, education, as well as the specifics of involving veterans and their families in these processes. The study sample included people with the status of combatants, war veterans, and their family members who were participants in the Ukraine-Norway project "Retraining and social adaptation of military personnel and their family members in Ukraine", which was implemented at the Chernihiv Polytechnic National University in 2016-2022. The results of the survey showed that the expectations of veterans and their family members from the state regarding the development of social entrepreneurship are: the establishment of "clear rules of the game" – not only the development and implementation of relevant legislation, but also the formation of transparent and detailed procedures for starting a social enterprise and its development; the development and implementation of programmes for the social reintegration of veterans into civilian life through support for the creation of social enterprises (financial support, preferential taxation). In terms of the role of business in supporting the return of veterans to civilian life through the opening of social enterprises, respondents see it mainly as providing financial support to those social enterprises set up by veterans and their family members. The hromada, as the embodiment of the public sector, appears in the perceptions of veterans and their family members as a centre for social support, for finding ways to protect their rights, and for finding resources to meet their needs (including employment or starting their own business). The opinion of the interviewed veterans and their family members regarding the involvement of education in supporting the development of social entrepreneurship can be summarised as follows: the involvement of experts in the development of effective strategies for the development of both social entrepreneurship in the interest of veterans and education from it; the development of short-term social entrepreneurship training programmes (non-formal education courses) involving business, hromada and government representatives. Practical implications. The revealed results could be used for further scientific and practical research: development of directions of the programme of social and psychological support for reintegration of military personnel, veterans of ATO/UFO and their family members with their active involvement in social entrepreneurship. Value / Originality. The developed theoretical framework for the formation of a participatory model for the development of social entrepreneurship as a tool for the reintegration of military personnel, veterans and their family members, based on the identified views of veterans and their family members regarding the role of certain institutions of society in the development processes of social entrepreneurship, points to further methodological and applied research: the development of a set of recommendations for the practical implementation of the proposed model at different taxonomic levels.

Karakteristik Kewirausahaan

Entrepreneurship has become a major focus in economic and social development in various countries. This research aims to identify and analyze entrepreneurial characteristics that play a role in business success. Through qualitative and quantitative approaches, we explore factors such as innovation, motivation, creativity, self-confidence, honesty, and resilience to risk that influence entrepreneurial behavior. Our findings suggest that these characteristics are not only important for starting new businesses, but also for sustaining and growing existing businesses. The practical and theoretical implications of these findings are discussed, along with suggestions for further research in understanding the dynamics of entrepreneurship in a changing global context. This research provides valuable insights for practitioners, academics, and policymakers interested in promoting and supporting entrepreneurial development at the individual and organizational levels.

Microfinance and Entrepreneurial Empowerment of Women: The Case of Women’s Microfinance Initiative in Uganda

Purpose: Women have always been underestimated and discriminated in social, economic and political spheres of life. Moreover, the traditional household chores create hindrances in their social and economic empowerment. Entrepreneurship development among women largely focuses on the empowerment of women through developing skills in Small to Medium-sized Enterprises (SMEs) and business ventures by taking risk of making investment decisions. Over the years, various efforts have been made by Government and Non-Government Organisations to promote women empowerment in Uganda and one such effort is through the micro-finance intervention. This Paper attempts to explore the impact of micro finance on the women’s entrepreneurial empowerment with specific reference to Women’s Micro-finance Initiative (WMI) in Buyobo in North Eastern Uganda. Materials and Methods: The study adopted an exploratory cross sectional research design. The target population comprised women’s microfinance Initiative Laon beneficiaries. A study Sample of 1,380 Respondents were purposively selected. The main Instrument for data collection was a structured Questionnaire and was complemented by Interviews and Focus Group Discussions. The study findings were presented in form of Tables, Graphs, Pie charts and where appropriate and where necessary, quotes or excerpts were used to strengthen the interpretation. Findings: The study findings reveal that the Micro-finance has a positive impact in terms of improvement in Business Operations; Diversification of Businesses; Business Skills Improvement; Improvement in Household livelihoods and living standards. The study findings will act as a basis for policy formulation as it will provide empirical evidence for policy makers to formulate relevant policies geared towards enabling environment for enhancing women Entrepreneurial Empowerment in Uganda. The study will further contribute to the struggle to eliminate gender inequality in Entrepreneurial empowerment. The study will further add value to existing scholarship which the future scholars may use to generate further research in the area of Microfinance and Entrepreneurial Empowerment of Women. Implications to Theory, Practice and Policy: The study recommends strengthening and expansion of micro-finance support to resource poor and vulnerable women in other parts of the country through entrepreneurial education and training, provision of access to credit and financial services as well as markets. The study will contribute to critical debates and raise awareness on issues pertaining to Microfinance and Entrepreneurial Empowerment of Women at community level which will help to build initiatives for effective women Entrepreneurial empowerment in Uganda.

Three steps for universities to become entrepreneurial: a case study of entrepreneurial process and dynamic capabilities

AbstractEntrepreneurial universities play a crucial role in supporting regional economy and addressing social challenges. Despite the significant contributions in the entrepreneurial university literature, little is still known about the process of entrepreneurial idea development, validation and commercialisation within the university. Inspired by this gap in the knowledge transfer literature we draw on three pillars of entrepreneurial university–teaching, research and commercialisation and explain how entrepreneurial process set up to nurture entrepreneurial opportunities within university develops dynamic capabilities that shape product commercialisation at university. We use the case study of the Henley Centre of Entrepreneurship at University of Reading in the United Kingdom, secondary data sources and sixteen interviews with university ecosystem stakeholders to explain the role of dynamic capabilities in entrepreneurial process for university to become entrepreneurial. The process which describes the entrepreneurs journey comprises five stages could become part of entrepreneurial university curricular and embedding university practices into regional entrepreneurial ecosystem.

Empirical Analysis of Internet Finance’s Promotion of Innovation and Entrepreneurship Development: Mediating Effect Based on Innovation and Entrepreneurship Willingness

Empirical Analysis of Internet Finance’s Promotion of Innovation and Entrepreneurship Development: Mediating Effect Based on Innovation and Entrepreneurship Willingness

MACROECONOMIC ENVIRONMENT AND ENTREPRENEURSHIP IN NIGERIA

This study investigates the nexus between the macroeconomic environment and entrepreneurship in Nigeria using linear regression with ARMA (autoregressive moving average) analysis. Results indicate a positive relationship between GDP per capita and both new businesses registered and new business density, highlighting the role of economic prosperity in fostering entrepreneurial activity. Conversely, inflation exerts a negative influence on entrepreneurship, with higher inflation rates associated with reduced new business registrations and lower business density. Access to financing emerges as a crucial factor, as reflected in the positive correlation between monetary sector credit to the private sector and new business registered. However, the significance of this relationship is marginally significant, prompting further inquiry into credit provision mechanisms. Furthermore, government expenditure on education is found to negatively impact entrepreneurship, underscoring the importance of aligning education spending with entrepreneurship development initiatives. The findings underscore the need for targeted policies aimed at promoting economic growth, mitigating inflationary pressures, enhancing access to financing, and aligning education spending with entrepreneurship support programs to create a conducive environment for entrepreneurial growth in Nigeria.

Assessing the Impact of social media on Youth's Entrepreneurship Development in Afghanistan

Assessing the Impact of social media on Youth's Entrepreneurship Development in Afghanistan

Entrepreneurship Development in European Union - Challenges and Opportunities for Young People

Entrepreneurship Development in European Union - Challenges and Opportunities for Young People