Entrepreneurial Management Research Articles

Structural elements and performance of entrepreneurial management systems at large corporations

The Russian economy is currently lagging behind developed nations in terms of innovation, which necessitates adopting relevant approaches to managing socio-economic systems to keep them competitive and ensure their sustainable develop ment. Large corporations have significant resource potential and social power, which makes it relevant to improve management of their entrepreneurial activity that stimulates innovation development. The paper aims to judge the quality of entrepreneurial management systems at large corporations and evaluate their innovation performance. Corporate governance theory and man agement theory constitute the methodological framework of the study. The research methods used are qualitative, regression and comparative analysis. The empirical data are obtained from 160 corporations included in 2023 RAEX-600 Ranking and rep resenting 21 industrial sectors, as well as data from the RF Federal State Statistics Service and the All-Russia data system on com panies and business “For Honest Business” for the period of 2010–2022. The study identifies 19 elements of the entrepreneurial management system at large corporations, e.g., the presence of an R&D center, startup support, commitment to open innovation, a corporate venture fund, etc., and assesses how intensively they are used across industries. As for the innovation performance of the system under review, no statistical relationship was observed between performance indicators of many corporations and the volume of shipped innovative products. Thus, the research reveals that entrepreneurial management systems at a large number of corporations lack innovation performance, which requires further research into their quality.

Retraction Note: Application of quantum computing based on heterogeneous cellular network algorithm in college student entrepreneurship management

Retraction Note: Application of quantum computing based on heterogeneous cellular network algorithm in college student entrepreneurship management

From Theory to Practice: The Effects of Community of Practice Implementation on Out-of-School Youth in the Philippines

Communities of Practice (CoP) aims to provide services and skills to partner communities while also establishing links to communicate learned knowledge to broader groups of people. This study identified and analyzed the impact of communities of practice in Barangay Nagtenga, Sta. Cruz, Ilocos Sur. It used a mixed quantitative and qualitative study approach to evaluate the level of satisfaction of the 18 CoP participants as well as their CoP learning and experience. The data demonstrated high levels of CoP satisfaction, notably with resource speakers and the quality of service provided. Participants shared their learning experiences during the CoP, focusing on themes such as knowledge acquisition, skill development, learning transfer to practice, and entrepreneurial management. This study emphasizes the importance of CoPs in empowering marginalized groups and promoting personal and professional development. Recommendations include maintaining and growing CoP initiatives, as well as conducting frequent evaluations to ensure continuous improvement.

Exploring smart workers' willingness to sacrifice and its managerial entrepreneurship implications towards a new mobility paradigm

Exploring smart workers' willingness to sacrifice and its managerial entrepreneurship implications towards a new mobility paradigm

MANAJEMEN KEWIRAUSAHAAN DI DAYAH SERAMBI ACEH

Abstract Etrepreneurship management, especially in an educational organization, is the creative and innovative use of economic potential with the courage to face risks to gain profits that are useful for the success of the program in the educational organization. One of the Dayah that develops entrepreneurial management is Dayah Serambi Aceh. There are several types of businesses run by Dayah Serambi Aceh, namely grocery stores, bookstores and hardware store. This research aims to determine the entrepreneurship management carried out by Dayah Serambi Aceh which includes the functions of planning, implementation, supervision and evaluation as well as to determine the obstacles faced by managers in carrying out entrepreneurial activities. This research used a qualitative approach with seven research subjects. The data collection techniques are through interviews, observation and documentation. The results of the research show that the entrepreneurship planning carried out by Dayah Serambi Aceh includes planning the type of business, the amount of business capital, the location of the business and the schedule for implementing the business. Then implementation is carried out by establishing a work contract for managers for each business with an incentive distribution of 60% of profits for Dayah Serambi Aceh and 40% of profits for managers calculated from annual sales profits. Furthermore, supervision is carried out by the leadership of Dayah Serambi Aceh by making regular visits to each business. And evaluation is carried out by assessing business performance, determining business development prospects and fixing things that are still obstacles in carrying out entrepreneurial activities. The obstacles faced by business managers are insufficient knowledge and expertise in the field of entrepreneurship and marketing reach which is still narrow in scope.

Entrepreneurial Management: Risk Investment and New Terminology

Entrepreneurial Management: Risk Investment and New Terminology

Comparative Study of Social Entrepreneurship Management for School Sustainability

Catholic private schools continue to make improvements, both in governance and learning innovation. Education service providers are encouraged to innovate to be able to face government policies and free market competition. One of them is through social entrepreneurship because social entrepreneurship is slowly entering the education system. Social entrepreneurship, with its mission-driven focus on creating value and positive environmental impact, supports the sustainability of the institution. By implementing social entrepreneurship in the management of school institutions, education plays a role in overcoming social and environmental problems. This study aims to analyze social entrepreneurship management for school sustainability, taking the objects of Sint Antonius Junior High School East Jakarta and Sang Timur Junior High School Karang Tengah. This qualitative research uses observation methods, in-depth interviews using snowball techniques, and forum group discussion on 165 informants. The research aspects are social entrepreneurship, social entrepreneurship strategy, social entrepreneurship management, the impact of implementing social entrepreneurship management, and the linkage of social entrepreneurship management with ISO 26000 and SDGs no. 4 and 12. The findings show that both schools have implemented social entrepreneurship, which needs to be improved for school sustainability. This study provides recommendations for education providers on whether they should develop social entrepreneurship management for school sustainability. Institutions need to build a comprehensive social entrepreneurship management system that is strengthened with a focus on social entrepreneurship and support of social entrepreneurship processes.

Entrepreneurial management, competitive advantage and SME performance: evidence from an emerging economy

PurposeThere is a paucity of empirical studies on the impact of entrepreneurial management on small and medium enterprises (SME) performance. Against this backdrop and drawing upon the resource-based view, this study aims to explore the relationship between entrepreneurial management and SME performance and the mediating role of competitive advantage in an emerging economy.Design/methodology/approachThis study adopted a survey research design and a quantitative approach. A self-reported questionnaire was used to collect data from a conveniently selected sample of 174 manufacturing SMEs in Nigeria. This study performed mediation analysis to test the proposed hypotheses using Hayes’ PROCESS macro v4.FindingsThe findings indicate that entrepreneurial management positively impacts competitive advantage and SME performance. Furthermore, competitive advantage has a positive impact on SME performance and plays a significant mediating role in the relationship between entrepreneurial management and SME performance.Research limitations/implicationsThis study only examines manufacturing SMEs in a single country, Nigeria; thus, the generalisability of its findings is limited.Practical implicationsThe findings of this study offer practical implications for SMEs and SME owners or managers. The findings suggest that to gain a sustainable competitive advantage and achieve superior performance, SMEs should pursue opportunities regardless of the available resources, promote flat and flexible organisation structures, adopt fast growth orientation and strategies, reward employees based on the value they add to the organisation and foster an entrepreneurial culture.Originality/valueTo the best of the authors’ knowledge, this study is the first to provide empirical evidence of the mediating effect of competitive advantage on the relationship between entrepreneurial management and SME performance in an emerging economy. This study demonstrates that implementing entrepreneurial management practices by SMEs can result in sustainable competitive advantage and superior performance.

INNOVATIVE ENTREPRENEURSHIP: CONTENT AND MAIN ASPECTS OF DEVELOPMENT

In the conditions of rapid technological changes and global competition, innovative entrepreneurship is gaining priority. It helps business entities to adapt to new challenges, reduce risks and find new niches for development. This is especially important for economies seeking to achieve a high level of technological independence and sustainability. At the same time, innovative entrepreneurship is a powerful tool for social change, because it contributes to the development of human capital, the creation of new jobs and the improvement of the quality of life of the population. The development of innovative entrepreneurship requires a comprehensive approach, which includes not only funding and support from the state, but also the development of appropriate infrastructure, educational programs, and stimulation of scientific research. Thus, innovative entrepreneurship becomes one of the key elements of economic policy, which determines the strategic priorities of the country's development and forms the basis for sustainable economic growth in the long term. The development of innovative entrepreneurship depends on many factors. The latter can both stimulate and restrain the process of introducing innovations. It is important for business entities to take these factors into account when developing innovative development strategies. As practice shows, the main factors that prevent the effective development of innovative activity in today's conditions are the lack of funding and the lack of effective incentives for its development, the high cost of the necessary resources, their partial or complete absence, a high degree of risk of failure in the implementation of innovative projects, political and economic instability, rapid technological changes. For the successful management of innovative entrepreneurship, it is important for business entities to take these factors into account in order to minimize their impact. This can be achieved by combining the efforts of the scientific community, business structures and the state.

Increased Addes Value Msmes Through Innovation Management in Entrepreneurship

The existence of a community among MSMEs/creative economy actors is an important thing that needs to be considered in innovation, to meet consumer needs. This Community Service aims to strengthen the capacity of MSMEs in understanding innovation management in entrepreneurship. The scope of PkM is intermediation with MSMEs/creative economy actors for the products/services produced to be accepted by users, understanding, knowledge of creativity and innovation management are needed. The method used uses a qualitative approach through participatory discussions during the implementation of PkM, pre-survey - participatory observation, and interviews with key informants and main informants and supporting informants. The analysis used in this article is qualitative data analysis, namely measuring knowledge of innovation and providing suggestions/input for improvements so that it can be followed up by MSME players. The output of this Community Service is to increase the community's understanding and skills in understanding the creativity and innovation of the products they produce because so far most of them do not have an understanding of innovation management in entrepreneurship. The results of the PkM are that UKM guidance, namely output officials, will follow up on these outcomes and be accompanied by UMB lecturers. The conclusion is that MSME actors in Meruya Selatan Subdistrict do not yet understand the importance of creativity and innovation, including market changes (user) needs, technological developments and innovations that can be used in the business value chain (entrepreneurship) as well as the use of digital in entrepreneurship, especially digital transformation for marketing channels.

Conflict management in entrepreneurship: strategies, communication, and leadership

This paper delves into the critical importance of conflict management in the entrepreneurial landscape, particularly in the face of war and heightened uncertainty. It offers a comprehensive analysis of the distinct stages of a conflict’s lifecycle, categorized based on the intensity of the conflict. A comparative analysis of these stages is presented, considering the essence of the conflict at each stage, its visibility, and potential outcomes. This analysis reveals the context-specific nature of conflict resolution dynamics, emphasizing the significant influence of the context, individuals involved, and available resources. The paper identifies the prerequisites for effective conflict management in entrepreneurial ventures. It outlines the primary barriers that hinder such management, including the perception of mutually exclusive interests, differing interpretations of the conflict’s essence, and institutionalization. The paper defines distinct patterns in how participants behave during conflicts. Recognizing the direction of each party’s actions can develop a more tailored approach to conflict resolution. Conflict resolution strategies guide individuals toward a solution, extending beyond mere actions. These strategies encompass two critical aspects of conflict management: the overall strategy and its effectiveness factors. The paper discusses five core conflict management strategies based on the Thomas-Kilmann Conflict Management Model. It concludes that the most suitable approach depends on the specific situation, the individuals involved, and the issue. Additionally, the paper explores conflict management strategies based on Glasl’s model, assigning specific conflict resolution strategies to the stages in Friedrich Glasl’s conflict escalation model. Apart from various strategies, the paper categorizes tactics as “soft” or “hard” based on their impact on the opponent. The application of tactics ranges from gentle persuasion to heavy coercion. Some tactics are direct, clearly stating the desired outcome, while others are indirect, subtly influencing the other party. In conclusion, the paper underscores the instrumental role of successful conflict management in guiding confrontations toward positive outcomes. This is achieved by addressing immediate behaviors and underlying issues and fostering an environment conducive to constructive dialogue. Keywords: management, entrepreneurship, conflict resolution, Thomas-Kilmann model, Friedrich Glasl model

Navigating Gender Nuances: Assessing the Impact of AI on Employee Engagement in Slovenian Entrepreneurship

Background: Our research delved into exploring various selected facets of AI-driven employee engagement, from the gender perspective, among Slovenian entrepreneurs. Methods: This research is based on a random sample of 326 large enterprises and SMEs in Slovenia, with an entrepreneur completing a questionnaire in each enterprise. Results: Findings suggest that there are no significant differences between male and female entrepreneurs in Slovenia regarding various aspects of AI-supported entrepreneurial management practice including the following: AI-supported entrepreneurial culture, AI-enhanced leadership, adopting AI to reduce employee workload, and incorporating AI tools into work processes. The widespread integration of AI into entrepreneurship marks a transition to a business landscape that values inclusivity and equity, measuring success through creativity, strategic technology deployment, and leadership qualities, rather than relying on gender-based advantages or limitations. Our research also focused on the identification of gender differences in path coefficients regarding the impact of the four previously mentioned aspects of AI on employee engagement. While both genders see the value in using AI to alleviate employee workload, the path coefficients indicate that female entrepreneurs report higher effectiveness in this area, suggesting differences in the implementation of AI-integrated strategies or tool selection. Male entrepreneurs, on the other hand, appear to integrate AI tools into their work processes more extensively, particularly in areas requiring predictive analytics and project scheduling. This suggests a more technical application of AI in their enterprises. Conclusions: These findings contribute to understanding gender-specific approaches to AI in enterprises and their subsequent effects on employee engagement.

PFoods: selecting a segment for a sustainable product

Learning outcomes After working on the assignment questions, the learners can achieve the following learning outcomes: understand the buying behavior towards sustainable products in the context of mindful consumption and product characteristics, appraise the market segmentation and positioning strategy of a sustainable business, understand the application of 5C’s framework for a sustainable business and critically evaluate a new sustainable business’s challenges in the emerging business environment. Case overview/synopsis Dr Joe Fenn, founder and director of PFoods, with extensive experience in the pharma industry overseas, observed a decline in the consumption of traditional dairy foods. Alternative plant foods come as a savior to people who are lactose intolerant and offer a host of health benefits with low environmental impact. Riding on the waves of veganism and sustainable foods, he saw an opportunity in India. PFoods developed and launched two products, namely, Just Plants (plant-based milk alternative) and Plotein (plant-based protein alternative), in collaboration with scientists at the Indian Institute of Science, a premier scientific institution in India, and PMEDS (PreEmptive Meds), a US-based nutraceutical Company. PFoods launched and pilot-tested Just Plant, a dairy alternative substitute for milk in select reputed organizations in Bangalore. The upcoming challenges for Fenn would be to select the right segment, educate the market and position the product that would resonate well with the target customers. Complexity academic level The case study suits undergraduate and graduate courses such as marketing management, sustainable marketing and sustainable business. The case study can also be used in entrepreneurship management and entrepreneurial marketing courses to introduce the challenges of a sustainable startup. The case study highlights the marketing challenges faced by the disruptive and growing plant-based foods or alternative dairy industry in emerging markets. Supplementary materials Teaching notes are available for educators only. Subject code CSS 8: Marketing.

Sustainable Entrepreneurship Management

Sustainable Entrepreneurship Management is important topic in the 21 st of century where each and every individual talking and researching about sustainable goals. In the business and new upcoming entrepreneurship projects sustainability and sustainable development management is necessary to grow in the market. This topics emerging the importance value and potential to increase knowledge of sustainability innovation in the entrepreneurship.

A Study on Entrepreneurial Inclination and Characteristics of Students of Civil Engineering in Nepal- A Case Study of Himalayan Institute of Science and Technology (HIST), Nepal

A study conducted at the Himalayan Institute of Science and Technology (HIST) in Nepal explored entrepreneurial inclinations and characteristics among Civil Engineering students, aiming to achieve three objectives. Firstly, the study assessed entrepreneurial inclination among these students. Secondly, it examined demographic factors associated with entrepreneurial tendencies. Lastly, it identified and analyzed perceived entrepreneurial traits among engineering students. The study included students from all years of the Civil Engineering program, with over 80% responding to a questionnaire survey. Demographic analysis revealed a male majority across all age groups, with a significant portion falling within the 18-24 age range. Most fathers were engaged in occupations categorized as "Other," while mothers predominantly fell into the same category. Limited representation was observed in government sectors for both parents. Student engagement in extracurricular activities varied, with a notable increase in entrepreneurial activities among older age groups. T-test results highlighted gender disparities in certain areas, although both male and female students demonstrated entrepreneurial tendencies. These findings underscore the importance of entrepreneurial education and inform future research and policy decisions. T-test analyses further revealed nuanced insights into age groups and entrepreneurial aptitude, suggesting the need for tailored educational approaches. Successful entrepreneurship was associated with higher scores in networking, leadership, time management, and sales/marketing skills. The study emphasized the significance of adaptability, resilience, customer orientation, and efficient time management in entrepreneurship. These insights can inform entrepreneurship education programs, emphasizing key characteristics and addressing diverse perceptions among aspiring entrepreneurs. Further research is recommended to explore the underlying factors contributing to age-related entrepreneurial differences

Symbolic Management in Entrepreneurship:

Symbolic Management in Entrepreneurship:

Informational Modeling of Cities: Method and Challenges for Institutional Implementation

ABSTRACT Although cities are increasingly permeated by information and communication technologies (ICTs), these urban centers still face theoretical and practical obstacles regarding the application of 3D technologies as a tool for urban planning and management. This study aims to ontologically structure an informational model as an urban management tool and assess the perceived challenges for implementing this model in the municipal public management of Curitiba, Brazil. The study was carried out through the collective subject discourse, the interviews’ thematic saturation, and Delphi techniques. The results indicate that the technical capacity, technological infrastructure, and financial resources for the development of a city information modeling (CIM) exist, although its activation for such development depends on a more significant political and managerial entrepreneurship in the decision-making in arrangements of multilevel governance, and, consequently, there is a need to develop public policies for staff training to stimulate and promote advanced technological innovations for urban management and planning. Implementing a CIM in large cities seems to face more management and planning problems due to the lack of institutional ontologies than technological, infrastructural, or knowledge limitations.

The social innovation profile in students as a transformation strategy: structural equation modeling

The development of social entrepreneurship competencies in university students favors the generation of proposals for solutions to different social problems, thus promoting a positive social impact capable of transforming people’s living conditions. This study aims to analyze the relationship between the dimensions of social entrepreneurship competence: entrepreneurial management, social value, leadership, effective communication and social innovation. A total of 408 higher education students from 13 countries and six different disciplinary areas participated in the study, ranging in age from 18 to 58 years (M = 22.4, SD = 6.0). The social entrepreneurship instrument was used, which is composed of 28 items grouped into five dimensions. A structural equation model was calculated. The findings indicate that entrepreneurial management, social value, and leadership are directly and positively related to personal competencies and social innovation. These results prove the importance of social entrepreneurship training in the development of social innovation in students, it is important that educational institutions in general carry out a review of their curricula and programs that take into account the development of social innovation competence as a factor that can enhance social change.

Kewirausahaan Perguruan Tinggi Islam (Analisis Pendiidkan Kewirausahaan Dalam Konteks Kampus Merdeka)

This research aims to discover the ideal concept of entrepreneurship education in higher education. The study employs a qualitative paradigm with descriptive survey techniques. The research locus is conducted at the State Islamic Institute of Lhokseumawe. The results indicate that entrepreneurship education has been implemented before the implementation of the Independent Learning policy. The Independent Campus program provides opportunities for a series of innovations in implementing entrepreneurial management. This direction aligns with the orientation of the Independent Campus in shaping self-reliance and entrepreneurial spirit. Additionally, the implementation of entrepreneurship education stimulates a sense of independence in thinking and competitiveness through the improvement of management and technology optimization. The program's manifestation is carried out in the form of activities such as business units, internship programs, integrated learning programs, and entrepreneurship expos. On the other hand, faculty members innovate teaching through cultural learning and working transformation processes with an entrepreneurial spirit. This research has implications for the theoretical development of entrepreneurship concepts in the implementation of the Independent Campus policy.

To digitalize or not digitalize: scaling up dilemma at Karan Handicraft

Research methodology The case study is based on field data including semi-structured interviews with the main protagonist and related stakeholders of Karan Handicraft, a leather craft artisan enterprise. After informed consent, the interviews with the craft artisan entrepreneurs of Karan Handicraft were conducted, transcribed and analysed verbatim in the respondents’ native language, Kutchi Gujarati. The authors also used archival data given by the company. In addition, secondary data from industry reports and business magazines was used to create the case. Case overview/synopsis The case investigates the impact of digital technologies on the small handicraft artisan entrepreneurs by focusing on a family-run business of a leather craft. It traces the evolution of Karan Handicraft, based in Kutch district of Gujarat, India from the year 2007 to 2023. The third-generation artisan entrepreneur Karan Marvada attempted exploring the new-age social media platforms to showcase the products, modified his product designs to attract a new customer-base and adapted to digital marketing. However, in the wake of the crowding in the handicraft cluster, the central business problem that Karan was grappling with was, if he should scale up his artisanal entrepreneurial stint using electronic commerce (e-commerce) as a medium. Another allied issue is in such a scale-up, should he use e-commerce, i.e. as a medium of communication only or as a medium of both communication and delivery. While the latter may lead to scale, it may raise the challenge of not being able to preserve the traditional values of his ancestral business. Complexity academic level This case involves various issues that arise in entrepreneurship management, such as decisions related to growth strategy (remain small and unique vs become large and mass scale), to maintain a physical presence vs digital presence and the form of digital presence, are dwelt upon. The case is aimed at graduate students in an entrepreneurship or family business course. It could also be taught in other courses that focus on innovation and social entrepreneurship.