Entrepreneurial Innovation Research Articles

ДИВЕРСИФІКОВАНІ ФОРМАТИ ЕКЗОГЕННОГО НАУКОВО-ТЕХНОЛОГІЧНОГО ОБМІНУ БАГАТОНАЦІОНАЛЬНИХ КОРПОРАЦІЙ

The exogenous transfer of BNP technologies under the conditions of technoglobalism plays a key role in the development of corporate ecosystems of open innovation. The main driving forces of its rapid structural dynamics in recent decades are the active development of international production by multinational firms and a significant increase in the level of its knowledge intensity. This makes it impossible for BNP to maintain its competitive leadership solely at the expense of internal company knowledge bases, sources and resources. Exogenous transfer of BNP technologies is the material basis of global processes of micro-integration of scientific and technological exchange, during which multinational firms are in the process of permanent modernization of organizational, economic and institutional forms of participation in global knowledge sharing. As the range of BNP partners involved in corporate knowledge creation chains expands, the effectiveness of functionally distinct structural components of global innovation networks increases significantly based on the diversification of sub-contractual relations of multinational firms with universities, research institutes, laboratories and centers, business schools, venture capital companies, business incubators, coworking centers, innovative companies of small and medium businesses, state institutions of standardization and metrology, etc. In the processes of exogenous technological transfer of BNP, the mechanisms of outsourcing part of corporate R&D to external independent firms, mergers and acquisitions of technological companies, their strategic alliances, venture financing, joint innovative entrepreneurship, financing of startups, etc. demonstrate the highest effectiveness. In their synergistic action, they ensure not only the systematic networking of scientific research activities of BNP and their development of global value chains in the field of research and development, but also the large-scale expansion of their innovative potential in conducting R&D in the most pioneering directions of fundamental and applied research as a guarantee of sustainable competitive leadership in techno-globalization conditions.

Концепція маркетингу територіальних ринкових систем

The article is aimed at studying the scientific issues related to the acceleration of economic develop-ment of the spatial economy; determining the degree of influence of innovations on the nature of the territorial organization of economic activity; provision of a theoretical basis for the formation of zones of innovative growth of individual territories (regions). The main goal is to identify the features and contradictions of the current state of the system of territorial organization of marketing activities and to accelerate the pace of socioeconomic development of a particular territory on this basis. The carried out systematization of literature sources on the subject of the study shows that modern economic science pays insufficient attention to the studies on the nature and impact of the marketing component, in its broadest sense, both on the quality of the system of territorial organization itself and on the dy-namics of economic development. This is directly the reason for its unconditional relevance. The issues of spreading the diffusion of the marketing component of spatial development was studied from the viewpoint of presenting and positioning a separate territory (region) as a subject of economic relations, as a multifunctional and multi-aspectual economic system, and not as a place of concentration of means of production and labor strictly. The further development, symbiosis of the theory of regionalistics, in particular the spatial organization of production, with the theory and practice of innovative en-trepreneurship is the substantiation of the feasibility of creating and spreading territorial poles of inno-vative growth. It is proved that effective marketing activity in a particular economic space of activity should be based on the functional properties of the forms of spatial organization of production, on the one hand, and the location of productive forces, on the other. The article reflects the authors’ vision of the modern conception of marketing of territorial market systems in relation to their spatial organiza-tion. The advantages of the network model of organization (clustering) of the territorial (regional) eco-nomic system are revealed. The theory of clustering as one of the modern forms of organization of economic activity in terms of a certain territory has been further developed.

СУТНІСТЬ ІННОВАЦІЙНОГО ПОТЕНЦІАЛУ ПІДПРИЄМСТВА: ТЕОРЕТИЧНИЙ АСПЕКТ

Within the framework of this article, the need to study a complex of theoretical aspects of the innovative activity of enterprises in the formation of innovative potential as a system indicator characterizing the level of efficiency of enterprises in implementing the strategy of innovative development proved. The scientific views of scientists on the role of innovation in enhancing the innovative activity of enterprises and the study of theoretical aspects of the formation of the economic category “innovative potential of an enterprise” analyzed. The concept of “innovative potential of an enterprise” is systematized in essence and content as: the totality of an enterprise’s resources, taking into account their specific characteristics; a set of opportunities for efficient use of resources in the process of innovation; the ability to make changes that occur within processes or projects in the target area under the influence of digital transformations. A review of modern scientific approaches to the interpretation of the concept of “innovative potential” does not allow us to determine a single way of interpreting it. It recommend to understudied the concept of “innovative potential of an enterprise” as a set of resources and capabilities of an enterprise necessary for the creation, implementation and dissemination of new ideas, technologies and innovative products, which helps to meet the modern needs of producers and consumers in conditions of constant change. The structure of innovation potential proposed according to the following components in accordance with the types of resources: material, intangible, financial, labor, organizational and managerial, information. The relationship between the concepts: innovation, innovation process, innovation activity, innovation potential identified and substantiated. It established that, on the one hand, innovative activity ensures the innovation process through a set of organizational and managerial measures. On the other hand, the development and implementation of innovations in the activities of enterprises is a process that continues over time, during which the implementation of innovative potential occurs in the form of an innovative project.It established that innovative potential is one of the key categories of innovative entrepreneurship theory and is a source of development.

Детермінанти кластеризації в контексті територіального інноваційного розвитку

The article is devoted to the study of topical issues of accelerating the innovative development of spatial socioeconomic systems; determining the degree of influence of network forms of organization on the dynamics of economic activity; providing a scientific basis for the formation of centers of innovative growth based on the theory and practice of clustering. A systematization of literary sources on the mentioned issues shows that modern economic science pays insufficient attention to the theory and practice of the influence of cluster forms of organization on the nature and dynamics of innovative development of territorial (regional) systems. The problems of creation and diffusion of innovations are studied from the point of view of the representation and positioning of a separate territory (region) as a subject of economic relations, as a multi-aspect and multifunctional cluster network, which is an indispensable component of the development of territorial innovation systems. Further development, the symbiosis of the theory of regionalism, in particular, the spatial organization of production, with the theory and practice of innovative entrepreneurship, is the substantiation of the feasibility of creating and spreading territorial poles of growth – innovation clusters. The idea of the nature and character of cluster forms of modern territorial organization of innovative activity, being a kind of cluster (network) structure, which is a projection of scientific and industrial-economic systems on a certain territory, has been researched and developed. It is shown that the economic power of such a territory is set and determined not only by the volume of sales of innovative products, but also by the synergistic resource of the entire cluster network, its general influence on national and global markets.

Discussion on the Training Mode of Mechanical Talents Oriented by Innovation and Entrepreneurship under the Background of New Engineering

Under the background of new engineering, higher requirements have been put forward for the training of application-oriented undergraduate mechanical professionals. Students not only need to have solid basic knowledge and application technology of mechanical related theories, but also need to have certain innovation and entrepreneurship ability. This paper analyzes the current new engineering under the background of innovative entrepreneurial ability oriented applied undergraduate mechanical professional personnel training mode related problems, put forward the strengthening innovation entrepreneurship education and mechanical professional course integration, reasonable advance innovative entrepreneurial ability oriented mechanical professional practice course teaching reform, teaching fusion, improve teachers and students innovative entrepreneurial consciousness of a series of new engineering background to innovative entrepreneurial ability oriented talent training strategy, in order to provide reference for the cultivation of innovation and entrepreneurship ability of applied undergraduate mechanical majors under the background of new engineering.

Methodological Directions and Implementation Measures for the Formation of an Organizational and Economic Management Mechanism for the Innovative Development of Corporate Integration Associations

As a result of the research, it was determined that the organizational and economic mechanism of managing the innovative development of corporate integration associations is a complex system of interacting elements that combines organizational, economic, managerial and strategic aspects of management, aimed at the implementation of innovative strategies and achievements competitive advantages. Thus, a proper definition of the organizational and economic mechanism for managing the innovative development of corporate integration associations was proposed as a set of methods, tools, processes and relationships aimed at the creation and implementation of strategic innovation initiatives within the corporate association in order to ensure sustainable competitiveness and successful functioning on the market. The formation of an organizational and economic mechanism for managing the innovative development of corporate integration associations can be based on various approaches and methodological directions, in particular, it is a systemic approach, a strategic approach, an economic approach, a technological approach, an organizational approach, and a human resource approach. It is substantiated that the combination of different approaches allows to provide a comprehensive approach to the management of innovative development and the achievement of the strategic goals of associations. It was determined that the goal of forming an organizational and economic mechanism for managing the innovative development of corporate integration associations can be formulated as defining a clear direction of the innovative activity of the enterprise in order to achieve competitive advantages and ensure sustainable development in the market. The global tasks of forming an organizational and economic mechanism for managing the innovative development of corporate integration associations are presented, which include: creating a sustainable innovative culture, increasing competitiveness, ensuring sustainable development, creating a favorable innovative environment, searching for new opportunities, developing and implementing the latest technologies, promoting the development of human capital, expanding global influence, stimulating innovative entrepreneurship and building partnerships.

Development strategy of state economic policy in the field of innovation-oriented production business infrastructure

The article examines issues related to the state's activities in the field of innovation-oriented infrastructure development policy. In the field of innovative entrepreneurship, issues related to various forms of financing innovative projects, such forms of state support as legal, informational, political and other types of assistance are considered. The application of an institutional approach to creating a mechanism for managing structural changes in socio-economic systems in order to increase their resilience in the face of large-scale security challenges is also explored. The main component of such stress-resistance is the ability to create and implement innovations, the formation of innovation-oriented systems. Trends in structural changes in the economy of Ukraine, which have arisen under the influence of war, have been identified, and problems that could threaten resilience to security challenges have been highlighted. The need to transition to an innovation-oriented economy to restore the country's competitiveness in the post-war period is highlighted. In the short-term perspective, the state's strategic priority is the transition from a reproductive to an innovative type of development, which is accompanied by a change in the factors of economic growth and recognition of the ability of economic agents to quickly generate new ideas and their commercialization as the main determinant of business processes. At the same time, the need for effective institutional support to stimulate market participants to innovate has been proven. An institutional mechanism for managing the innovative development of socio-economic systems with the allocation of legislative and organizational support at various structural levels in order to realize the defined goals is proposed. The article analyzes the characteristic features of the innovation-oriented economy and establishes the influence of the state on its formation. The level of innovativeness of the Ukrainian economy was studied and compared with similar indicators of other countries of the world. A number of measures have been proposed to restructure the domestic economy with the aim of transforming it from a raw material-mining model of development to an innovation-oriented economy.

РОЛЬ МАЛЫХ ПРЕДПРИЯТИЙ В РОССИЙСКОЙ ИННОВАЦИОННОЙ СИСТЕМЕ

At present, the development of small and medium-sized businesses is one of the priorities of the state's economic policy. The transformation of advanced scientific and technical developments into a commercial product is facilitated, among other things, by small innovative enterprises. The article tells about the importance of small business in the formation of the innovative sector of the economy, considers the functions that are assigned to small business, the main indicators of the innovative activity of small enterprises and aspects related to the prospects for the development of innovative entrepreneurship in Russia.

Can Culture Stimulate Innovation for Technopreneurship? A Grounded Theory Method

Among factors influencing and shaping innovation in different societies is the prevailing culture. Most forms of individualistic cultures affect innovation significantly and positively. key factors that influence innovation among early-stage startups are government interventions, innovation policy and financing. This study has three key objectives. The first is to examine how culture influences innovation among technology startups in Malaysia. The second objective is to explore factors associated with technology innovation. The third objective is to assess how innovation influence financing for technology startups. The study employs grounded theory as the main methodological approach to analyze primary data. A qualitative survey carried out a series of semi-structured interviews with technology entrepreneurs[1], relevant government agencies, industry associations, venture capitalists and leading accelerators. The study finds that culture can be an impediment to innovation. Factors such as collective culture and herd mentality behavior were identified as barriers to innovation and fear of failure was attributed to low entrepreneurial innovation. Entrepreneurial attitude, on the other hand, was identified as a significant quality that is positively related to innovation among technology startups. Data analysis reveals that technopreneurs who display a positive attitude, determination, perseverance and self-efficacy are more likely to display some form of innovation in their startup. These technopreneurs were more likely to be financed by venture capital funds and private or angel investors. Other factors that influence innovation are, the capacity to commercialize, overall entrepreneurship culture, incubators facilities and capabilities and market size. Based on the findings, the study offers a proposed framework that encapsulates elements, factors and components that affect innovation.

Urban livelihoods beyond industrial ruins : the birth of an informal night-time economy in Norton, Zimbabwe

This paper focuses on Norton town, Zimbabwe, which was left in ruins after its industry succumbed to deindustrialisation as key industries closed. With rising unemployment and urban poverty, residents innovated and devised alternative livelihood strategies. This study explores several informal and innovative night-time economic activities : night vending, home-based industries, informal fishing, sand and quarry mining, transport, and the night-time leisure economy, among others that residents in Norton adopted. It unpacks the organisation of these activities and the logics behind going nocturnal. For their courage and ability to re-invent their livelihoods, we present the residents using the lens of Long’s Actor-oriented theory by framing them as social actors and agents of change working hard to find solutions to their challenges. Data was collected using ethnographic methods of interviews, night-time observations, and informal conversations. Our results show that Norton became a nocturnal hub of informal entrepreneurial innovation and creativity. This was a result of governance factors, due to daytime load-shedding (energy cuts), night-time leisure activities and as a way of working hard to survive in a difficult economic environment.

The Influence of Cultural Capital of Guangdong Entrepreneurs on Enterprise Growth – Mediation of Innovation Behavior

Based on Bourdieu’s cultural capital theory, entrepreneur and enterprise growth theory, the purpose of this study is to deeply excavate the connotation of the concept of Guangdong entrepreneur cultural capita l by sorting out the literature related to cultural capital and economic development, entrepreneur, and enterprise growth, and deconstructs Guangdong entrepreneur cultural capital. The constituent elements and functional functions of entrepreneurial cultural capital, analyze the similarities and differences between Guangdong entrepreneur cultural capital and entrepreneurial human capital, entrepreneurial social capital, and entrepreneurial spirit, and explain Guangdong entrepreneur cultural capital from the perspective of the mediating role of entrepreneurial innovation behavior. The research design consists of the mechanism of action on enterprise growth, and research hypotheses to be tested are put forward and empirically tested. The innovation of this research firstly re-examines the theory of entrepreneurial capital from the perspective of cultural capital, innovatively proposes the concept of Guangdong entrepreneurial cultural capital, and clarifies the connotation and functional value of Guangdong entrepreneurial cultural capital, which expands to a certain extent. The findings of this revealed the influencing factors of Guangdong entrepreneur cultural capital and the influence path on enterprise growth, constructs a theoretical model of the influence of Guangdong entrepreneur cultural capital on enterprise growth, and integrates Guangdong entrepreneur cultural capital, entrepreneur innovation behavior and enterprise growth into the framework of the same research, and explores the impact and significance of entrepreneur innovation behavior on Guangdong entrepreneur cultural capital.

Teaching reform and practice of database principle and application

Aiming at the characteristics that the content of database principles and applications is difficult to understand and master, this paper first analyzes the comprehensive and practical characteristics of database principle and application course, and then systematically introduces some innovative practices of the author in textbook construction, teaching content reform and design ability training, including the construction of systematic case teaching content system; The reform of curriculum content system keeping pace with the times; The construction of innovative design ability training system; The practice of curriculum design that is closely integrated with application; The introduction of typical entrepreneurial innovation cases; The guidance of famous sayings and aphorisms compatible with the curriculum. The author's beneficial attempts and innovative practices in the construction of database principle and application courses and the training of applied computer talents are expected to play a certain enlightening role in the teaching of computer majors, teachers and courses in relevant colleges and universities.

Journal of Entrepreneurial Innovations Special Issue: Entrepreneurship Education: Vol. 4, Issue 1, 2023

Journal of Entrepreneurial Innovations Special Issue: Entrepreneurship Education: Vol. 4, Issue 1, 2023

Determinants of entrepreneurial innovation: evidence from Kuwait

Determinants of entrepreneurial innovation: evidence from Kuwait

Can Culture Stimulate Innovation for Technopreneurship? A Grounded Theory Method

Among factors influencing and shaping innovation in different societies is the prevailing culture. Most forms of individualistic cultures affect innovation significantly and positively. key factors that influence innovation among early-stage startups are government interventions, innovation policy and financing. This study has three key objectives. The first is to examine how culture influences innovation among technology startups in Malaysia. The second objective is to explore factors associated with technology innovation. The third objective is to assess how innovation influence financing for technology startups. The study employs grounded theory as the main methodological approach to analyze primary data. A qualitative survey carried out a series of semi-structured interviews with technology entrepreneurs[1], relevant government agencies, industry associations, venture capitalists and leading accelerators. The study finds that culture can be an impediment to innovation. Factors such as collective culture and herd mentality behavior were identified as barriers to innovation and fear of failure was attributed to low entrepreneurial innovation. Entrepreneurial attitude, on the other hand, was identified as a significant quality that is positively related to innovation among technology startups. Data analysis reveals that technopreneurs who display a positive attitude, determination, perseverance and self-efficacy are more likely to display some form of innovation in their startup. These technopreneurs were more likely to be financed by venture capital funds and private or angel investors. Other factors that influence innovation are, the capacity to commercialize, overall entrepreneurship culture, incubators facilities and capabilities and market size. Based on the findings, the study offers a proposed framework that encapsulates elements, factors and components that affect innovation.

ENTREPRENEURSHIP AS A NARRATIVES

Research on entrepreneurship is developed, however, it seems that there are still many cognitive gaps especially in the perspectives of humanistic and discursive approach. The paper addresses the topic of innovation entrepreneurship in the context of the significance of narratives, knowledge constructivism and design of business stories. Descriptively, the role of narrative in the creation and development of business is presented using Apple and Theranos as examples. The research methodology was based on literature and documentation analysis and a qualitative approach which involves case analysis and exploration, and through inductive reasoning.

Explaining Entrepreneurial Success of SMEs Entrepreneurs: The Role of Entrepreneurial Characteristics

Small and medium sized enterprises have significant role in sustainable economic growth and country. This study aims to investigate the entrepreneurial characteristics predicting entrepreneurial success of small and medium sized enterprises. Following analytical research design, this study collected data using structured questionnaire from 263 entrepreneur managers. Result revealed that entrepreneurial motivation, entrepreneurial self-efficacy, and risk-taking propensity have significant role in predicting entrepreneurial success of SMEs but refuted for entrepreneurial innovativeness. Moderating role of gender was examined in the study. The result advocates that the study contributes to the entrepreneurial competency theory and contributes for policy makers for entrepreneurial growth for sustainable development goals.

Creative Innovative Entrepreneur Ideas and Practices in India

Creative Innovative Entrepreneur Ideas and Practices in India

EFFECT OF ENTREPRENEURIAL INNOVATION ON POVERTY ALLEVIATION IN TERTIARY INSTITUTIONS

The aim of this study is to investigate the effect of entrepreneurial innovation in Tertiary Institutions on poverty alleviation amongst selected universities in Ogun State, Nigeria. Entrepreneurial innovation can be used as a pivotal measure at reducing rapid increase in graduate unemployment in the country which is therefore imperative. it seeks to promote and encourage universities graduates through the development of a broad private sector within the manufacturing and service industries which are geared towards improving competitiveness of small and medium scale enterprises and also supporting the growth of new enterprises. The study applied a mixed-method approach which administered 344 copies of questionnaire and 20 in-depth interview. Using SPSS and thematic analysis with the help of Nvivo2.0 for qualitative data, multiple regression and correlation analysis were used to analyze the quantitative data. The study found R Square of 0.686 with an Adjusted R values of 0.681, revealing a significant relationship between entrepreneurial innovation and poverty alleviation. The qualitative results were also in tandem as it showed entrepreneurial development to be strongly associated with job creation. Based on the findings, the study concluded that there is a positive relationship between entrepreneurial innovation and poverty alleviation. The study thus, recommended that universities should encourage entrepreneurial innovation as it contributes to poverty alleviation when it creates employment. It also increases social wealth by creating new markets, industries, innovations, jobs and increases in real productivity which culminates in higher standards of living for Nigerian graduates.

ENSURING THE QUALITY OF BUSINESS PROCESSES IN THE THREECLUSTER GSI-MODEL OF AN INNOVATION ENTREPRENEURSHIP ECOSYSTEM

The article analyzes the quality assurance of business processes in the threecluster GSI-model of the innovative entrepreneurship ecosystem. Effective functioning of innovative entrepreneurship in Ukraine will ensure the implementation of its ecosystem model, which will improve the functioning and development of ecosystem entities based on ensuring the quality of its business processes. The paper proposes a threecluster GSI-model of the innovative entrepreneurship ecosystem, the implementation of which will ensure the sustainable development of innovative entrepreneurship in Ukraine thanks to the implementation of its components. Cluster G (generation) will ensure the generation of business ideas, cluster S (support) aims to support the development of innovative entrepreneurship, cluster I (implementation) implements developed innovative ideas. The article proposes a number of measures, the implementation of which will have a positive impact on the development of innovative entrepreneurship in Ukraine and the formation of its ecosystem. The basis of the development of innovative entrepreneurship is knowledge, science, intellectual capital and the high-tech sector of the economy. The implementation of the proposed measures in each GSI-model cluster will have a positive impact on the quality of business processes of the ecosystem of innovative entrepreneurship from the generation of a business idea to its implementation and commercialization. The effectiveness of business processes will depend on the creation of business ideas focused on the needs of consumers to their rapid implementation on the market and creation of value for consumers. The implementation of this model will significantly increase the functioning and development of innovative entrepreneurship, which will ensure an increase in competitive positions on the global market.