Entrepreneurship Research Articles

Psychological Capital and Innovative Work Behavior in Small and Medium Entrepreneurs

Small and medium entrepreneurs (SMEs) often face challenges in running their businesses. Not a few SMEs have gone bankrupt due to the lack of innovation in running and developing their businesses. This study aims to determine the role of psychological capital in innovative work behaviors of SMEs entrepreneurs. The research method is a quantitative non-experimental, correlational, and cross-sectional design and using simple linear regression analysis. The study included 70 SMEs entrepreneurs from Banjarmasin, South Kalimantan. The results of the analysis show that psychological capital plays a role in increasing the innovative work behavior of SMEs entrepreneurs. The implication of this research is to increase the psychological capital of SMEs entrepreneurs so that they can create innovations in running their businesses and can compete internationally.Pelaku UMKM sering kali menghadapi tantangan dalam menjalankan usahanya. Tidak sedikit UMKM yang bangkrut dikarenakan minimnya inovasi dalam menjalankan dan mengembangkan usahanya. Penelitian ini bertujuan untuk mengetahui peran modal psikologis terhadap perilaku kerja inovatif pelaku UMKM. Metode penelitian yang digunakan adalah kuantitatif non eksperimen dengan desain korelasional dan cross-sectional serta menggunakan analisis regresi linear sederhana. Responden penelitian adalah pelaku UMKM di Banjarmasin, Kalimantan Selatan yang berjumlah 70 orang. Hasil analisis menunjukkan bahwa perilaku kerja inovatif pelaku UMKM dapat ditingkatkan melalui modal psikologis. Implikasi penelitian ini adalah meningkatkan modal psikologis para pelaku UMKM sehingga mereka mampu menciptakan inovasi-inovasi dalam menjalankan usahanya dan bisa bersaing secara internasional.

Factors Affecting Entrepreneurial Intention of Higher Diploma Students in Hanoi-Vietnam

Purpose: The purpose of this study is to investigate the factors influencing the entrepreneurial intention (EI) of Higher Diploma (HD) students in Hanoi, Vietnam, addressing a notable gap in the literature regarding this specific demographic. Design/methodology/approach: Surveys were conducted using both web-based platforms, such as Google Forms, and distributed questionnaires. In total, 411 valid responses from HD students in Hanoi were collected. A convenient sampling method is utilized, considering the distribution of students across various demographic variables to ensure the reliability and representativeness of the study. The Theory of Planned Behavior (TPB) was employed. Multiple regression in SPSS is used to analyze the collected data. Results and discussions: The analysis results unveiled that all scrutinized factors, including Attitude Toward Behavior, Perceived Behavioral Control, Subjective Norm, Entrepreneurial Self-Efficacy, Closer Valuation, and Social Valuation, exerted a positive and substantial influence on HD students' Entrepreneurial Intention (EI). Notably, the six factors collectively accounted for 40.6% of the variance in entrepreneurial intention observed among the respondents. Research Implications: The findings hold valuable implications for policymakers, educators, and stakeholders, guiding the development of targeted interventions aimed at fostering entrepreneurship among HD students. By leveraging these insights, they can design tailored initiatives to promote entrepreneurship, potentially leading to enhanced economic development in Vietnam. Originality/Value: The findings provide valuable insights for educators, policymakers, and stakeholders involved in entrepreneurship education and support programs, helping them tailor interventions to effectively cultivate an entrepreneurial mindset among HD students. Furthermore, the study adds to the broader understanding of the psychological and social factors that shape entrepreneurial intentions, contributing to the advancement of knowledge in the field of entrepreneurship research.

Organisational Outcomes: Entrepreneurial Mindset and Entrepreneurial Competence Combined Effect

Organisational Outcomes: Entrepreneurial Mindset and Entrepreneurial Competence Combined Effect

Upstarts T3: An Asynchronous and Cohort-based Entrepreneurship Train-the-Trainer Program

UpStarts is a reverse-mentoring youth program designed to foster an entrepreneurial mindset among participants and a sense of connection between youth and adults. Effective facilitators are critical to the success of the program. This paper describes an asynchronous, cohort-based virtual train-the-trainer (T3) program for potential UpStarts facilitators that was developed to navigate the challenges posed by the COVID pandemic. Participants of the initial UpStarts T3 program reported positive feedback for the training and a high sense of efficacy in implementing UpStarts in their communities. The current T3 model is emerging as a promising means of preparing facilitators to implement UpStarts.

PERAN PEMBELAJARAN KEWIRAUSAHAAN DALAM MENUMBUHKAN MINAT BERWIRAUSAHA MAHASISWA

The attitude, spirit, and ability to create something new that is very valuable and useful for oneself and others is a form of entrepreneurship. The Role of entrepreneurship learning, higher education is intended to be able to form students who have an entrepreneurial mentality, in which there is a spirit of never giving up, good at seeing opportunities, brave to take risks, creative and innovative, apart from that, it can produce graduates who are ready to enter the world of work, and are even able to create jobs. This research aims to determine the growth of students' interest in entrepreneurship at the Al-Azhaar Lubuklinggau Islamic Institute students who have taken entrepreneurship courses using a sample of 56 students as respondents. The method used is quantitative in the form of a survey. Data collection was carried out by distributing questionnaires online in the form of a Google Form with a Likert scale ranging from 1 to 4. Data were analyzed descriptively and quantitatively. The results of the study found that entrepreneurship learning plays a role in fostering student entrepreneurship interest. The research implications emphasize the importance of a holistic entrepreneurial learning approach and practical experience in increasing students' entrepreneurial interest. This highlights the active role that educational institutions can play in preparing students to become successful entrepreneurs and innovate.

A contract period optimization model for shared water saving management contract based on win-win

Aiming at the contract period of Shared Water Saving Management Contract (WSMC), this paper establishes a contract period optimization model based on win-win. Firstly, the water-saving investment and revenue are modeled as stochastic processes considering the fluctuation of uncertain variables such as operation and maintenance cost, water-saving amount and water price. Secondly, the profits of the water owner and Water-Saving Service Company (WSCO) are portrayed separately based on the WSMC market service mechanism. Then, the contract period model is constructed by minimizing the difference between the NPV of the two parties involved in the project as a constraint. Finally, the model is applied to two real cases, where the optimized contract period is 9 years in Case 1 and 12 years in Case 2. In addition, several variables affecting the model are analyzed, allowing the model to expand its applicability.

Entrepreneurship Orientation (EO) and Innovation: A Systematic Review

In today’s changing business world, two major drivers of organizational performance and competitive advantage are innovation and entrepreneurial attitude. This article examines current literature and empirical data to give a complete analysis of entrepreneurial orientation, innovation, and the link between them. The study’ goal is to synthesize the research on these two structures and their connection. The study technique is based on an examination of literature from 2017 to 2023. Relevant articles were found and classified into three steps. These examples were then evaluated and contextualized, and the notions of innovation and entrepreneurial orientation were discussed, as well as suggestions for further study. Innovation and entrepreneurial orientation are inextricably linked and play an important role in determining an organization’s competitiveness and long-term success. Entrepreneurship orientation innovation fosters a proactive, risk-taking mentality, while innovation reinforces entrepreneurial orientation by giving the resources to capitalize on new possibilities and sustain a competitive edge. To achieve long-term development and profitability, businesses must find a balance between encouraging innovation and encouraging an entrepreneurial mindset. This work adds to the literature on EO, innovation, and the link between EO and innovation, hence broadening the scope of future research. Furthermore, the work identifies certain outstanding research problems for further study.
 Keywords: innovation, destructive innovation, product innovation, green innovation, exploratory innovation, ecological innovation, innovation ability, corporate model innovation, innovation performance

The Influence of Entrepreneurial Spirituality and Social Media Adoption on the Sustainability of MSME Performance Mediated by Innovation Capability (Survey on MSMEs in the Tourism Area Sunan Drajat Lamongan)

Technological advancements, computerization, and globalization have made businessescompetitiveacrossallindustries. Micro, small, and medium-sizedenterprises (MSMEs) continue to encounter difficulties with resource scarcity and technology adoption, although accounting for over 80% of employment and contributing to 61.97% of the GDP (gross domestic product). The Sunan Drajat Lamongan Religious Tourism Area is a home to hundreds of MSMEs, ranging in size from apparel and souvenir shops to restaurants. The number of visitors rises dramatically throughout the holiday season before becoming quiet, as is common with tourism in general. Entrepreneurship is a key factor in economic growth and serves as the primary driving force for innovative and long-term growth. By leveraging social media to enhance a company’s competitive advantage throughout the entrepreneurship and operation phases, entrepreneurs who possess an entrepreneurial mindset can aid their organizations in efficiently adapting their organizational framework and processes, thereby mitigating environmental conflicts and tensions within the intricate framework of a dynamic business environment. By using social media, MSMEs may reach their target audience with content and information without having to personally meet them. Social media also offers information in the form of customer reviews of goods, services, and even new ideas for sustainable MSMEs. This study aimed to determine how MSMEs’ use of social media and their ability for innovation can impact their success in Sunan Drajat Lamongan’s religious tourism industry. The data were obtained from 132 small and medium-sized enterprises using questionnaires. Path Least Square (PLS) and descriptive analysis were the methods utilized to analyze the data.
 Keywords: entrepreneurial spirituality, social media adoption, innovation capability, sustainability of MSMEs performance

Spaces of youth politics and the Arab uprisings: environmental activism and the Algerian Hirak

ABSTRACT The two waves of uprisings in the Arab world in 2011, then 2019, have brought profound changes. In the second wave, including Iraq, Lebanon and Sudan, the Algerian hirak of 2019 constituted a massive political and social movement, bringing a new president and government, and affecting the popular consciousness that change was now possible. While participation in formal politics remains low, new spaces of participation have emerged. Environmental activism in the public space, as well as deeper challenges to extractivist development ideology, have inspired new practices of youth politics. From the disruption of the hirak to subsequent active citizenship, Algerians have proposed alternative development models. Drawing on findings from a participatory research project working with a network of Algerian youth researchers, and interviews with Algerian young people, associations and entrepreneurs, it is argued that the practices of the hirak have consolidated and amplified the everyday activism of Algerian civil society. Organizing environmental protests and action, Algerian youth have created new political spaces and inspired deeper reflections about the future of their country. These findings offer new insights into the longer term impacts of the Arab uprisings and of environmental activism, on spaces of youth political participation.

Teacher Empowerment in Creative Economy Education: A Case Study at Sd Ta'mirul Islam Surakarta Indonesia

Purpose: The purpose of this study is to cultivate entrepreneurial potential in students. The release of such potential could catalyze the natural wave of young entrepreneurs of the future. The successful development of entrepreneurial potential in students requires the quality and professionalism of an educator in nurturing creativity, integrating innovative methodologies, and instilling an understanding of entrepreneurship in students. The role of educators in the transmission of knowledge, ensuring effective and continuous learning, is essential. Methods: This qualitative research adopts a case study approach, collecting data through interviews, observation, and document analysis. To ensure the validity of the data, triangulation is used, combining multiple sources to ensure consistency and validity of the study. Results and Conclusion: Ta'mirul Islam Elementary School in Surakarta City, integrates creative economy education with religious teachings. Creativity must not be allowed to multiply without restraint; This requires internalizing religious values. Internalization of religious values refers to the process by which individuals adopt, understand, and apply religious values in their entrepreneurial endeavours. This internalization will build a moral foundation for engaging in sustainable economic practices that are transparent, honest, fair, and ethical. As a result, the study contributes significantly to the discourse on the intersection of education, entrepreneurship, and religious values. Research implications: The implications of this research are expected to be imitated by teachers in empowering the creative economy in schools. Originality/value: The originality of this research lies in empowering teachers in the implementation of creative economy education: a case study at SD Ta'mirul Islam Surakarta Indonesia.

Does Taxation Foster Entrepreneurship across Western Balkans Countries? Empirical Evidence across 30 Years

ABSTRACT Purpose In developing economies, which aim to join the European Union in the upcoming future, entrepreneurial endeavors are important and defining for their economic growth. Most of the time, potential investors are incentivized to choose a particular market through tax benefits, tax exemptions, streamlined registration procedures, tax systems and less red tape. Methodology/Approach By means of panel data modeling, we investigated the relationship between entrepreneurship and taxation-related matters on a sample of six economies from the Western Balkans region during the period 1991‒2021. Findings Overall, empirical results showed that increasing registration costs hindered the creation of new businesses in the region. Still, if other taxes payable by businesses increased while authorities provided substantial tax reliefs, the creation of new companies would continue. At national level, we found that taxation often fuels entrepreneurship and improves new business density rates. Relevant policy implications are also addressed.

In search of Ubuntu in an African SME: A case of a transitional entrepreneur

ABSTRACT This study sets out to address the decontextualized discourse on African entrepreneurship and attempts to locate it within the socio-cultural context using the philosophy and principles of Ubuntu. It investigates and traces how Ubuntu informs the motive, decisions and actions of the African entrepreneur. The study contrasts the Ubuntu-based decisions of the entrepreneur with the individualistic economic rationalism expected of an entrepreneur in a typical market economy. It presents a peculiar case of a young entrepreneur who started a business in 2013 which has gone through lots of experiences and trajectories that are relevant to Ubuntu philosophy. The study is underpinned by grounded theory research design which enabled us to analyze Ubuntu values and motivation through the entrepreneur’s actions and stories. The research provides insights into the “contours” of the business journey and how social capital helps to sustain the firm. The nuances of economic rationality and humanity feature in this study as the business reached critical moments where the owner was torn between folding up and thinking about the potential impact of this decision on the employees. The research draws policy implications for entrepreneurs in Africa and encourages scholars to interrogate Westernized approaches to the concept of entrepreneurs and entrepreneurship.

THE ROLE OF BUSINESS MODEL CANVAS (BMC) IN DIGITAL ENTREPRENEURSHIP ON STUDENTS' INTEREST IN INDONESIA

THE ROLE OF BUSINESS MODEL CANVAS (BMC) IN DIGITAL ENTREPRENEURSHIP ON STUDENTS' INTEREST IN INDONESIA

Pengaruh SDM, Modal, Dan Pemasaran Terhadap Minat Berwirausaha Taruna Politeknik Bumi Akpelni

Pengaruh SDM, Modal, Dan Pemasaran Terhadap Minat Berwirausaha Taruna Politeknik Bumi Akpelni
 
 Retno Indryati1, Suprihono Setyawan1
 Politeknik Bumi Akpelni Semarang
 1) retno@akpelni.ac.id
 2) suprihono.setyawan@akpelni.ac.id
 
 
 ABSTRACT
 
 This research was carried out to determine the extent to which the demand for entrepreneurship from cadets of the Akpelni Earth Polytechnic, in this study involved 4 study programs at the Akpelni Earth Polytechnic with the target of cadets / students who were active on campus consisting of batches 56, 57, and 58 and they had taken or completed the respondents' entrepreneurship courses selected in a random and balanced way (proportional random sampling) with a target number of 350 cadets. This research uses a collaborative or combined method, which combines qualitative methods with quantitative methods with the aim of obtaining more valid answers that will be able to explain the research problem. It can be concluded that all indicators from all variables have not been able to attract cadets / students of Bumi Akpelni Polytechnic to become a young entrepreneur. There are some obstacles they face in realizing their dreams but these obstacles will not be able to make them.
 
 Keyword : Human Resources, Capital, Marketing, Entrepreneurial Interest

HowTax Awareness, Tax System, and Tax Sanctions Affect Young Entrepreneurs' Intention not to Commit Tax Fraud

HowTax Awareness, Tax System, and Tax Sanctions Affect Young Entrepreneurs' Intention not to Commit Tax Fraud

The Role of Creative Technologies and Innovation for Dynamic Sustainable Entrepreneurship of SMEs in China

Despite two years of movement restrictions caused by an outbreak, China's economy has been operating at full capacity for several months. The COVID-19 tsunami had a huge impact on the growth of the digital economy in Southeast Asia. Since the reopening of borders, demand has been high, but the rising cost of raw materials, global economic insecurity, and most importantly, labour shortages have damaged businesses, particularly the expansion of small and medium-sized enterprises. In order to restore market share, the firm owners might consider making investments to meet customer demand. However, in the current business context, capital expenditures are rarely considered. The present study seeks to examine empirically the mediating role of creative technologies and the effect of innovation practices of Small Medium entrepreneur towards the dynamic sustainability of entrepreneurship by applying the conceptual theory of Dynamic Capabilities View and Diffusion of Innovation. The future respondents indicated as entrepreneur in the Small Medium industries in China focusing on service based. The study also evaluates the relationship between innovation practices towards dynamic sustainability of entrepreneurship mediates by creative technology. Four hypothesized relationships have been developed together with the conceptual framework.

PERAN BERPIKIR KRITIS DALAM MEMBANGUN ENTREPRENEUR MINDSET MAHASISWA DI PERGURUAN TINGGI

This research is in-depth about the crucial role of critical thinking in shaping entrepreneurial mindset in university students. Through a quantitative method by distributing questionnaires to the heads of groups participating in the Unpad Independent Entrepreneurship Program 2023, this study analyses the impact of critical thinking skills on building a positive entrepreneurial attitude. The results showed a positive and significant correlation between critical thinking skills and entrepreneurial mindset. Students who are able to improve their critical thinking skills are more likely to have attitudes that support entrepreneurship. The findings provide important insights, highlighting the importance of critical thinking development in the context of higher education as a strategic step to support the development of entrepreneurship. Taking these findings into account, higher education institutions can design more effective learning strategies to prepare students for the challenges of the dynamic world of entrepreneurship. As a result, this research provides a foundation for designing educational programmes that are more adaptive and responsive to the needs of students in developing an entrepreneurial mindset.

ASSESSING CAREER READINESS AMONG TECHNICAL VOCATIONAL HOME ECONOMICS GRADUATES: A LITERATURE REVIEW

Assessing the competencies and skills of Home Economics students is essential to understand their proficiency levels in key areas like Financial Management, Culinary Expertise, and Leadership Qualities in this literature review. However, the presence of diverse opinions emphasizes the importance of tailored curriculum approaches to strengthen these competencies effectively. Students' self-assessment of skills in hospitality management provides insights into their confidence levels, showcasing strengths in Entrepreneurial Mindset and Adaptability/Flexibility, yet revealing weaknesses in Family/Consumer Sciences Knowledge and Home Management/Housekeeping. These insights inform targeted support and training programs, enhancing the career readiness of Home Economics graduates. Furthermore, robust connections between students' interests and skills across Home Economics sub-fields suggest opportunities for integrated program design aligned with students' strengths. Addressing socio-economic factors and aligning educational offerings with students' aspirations are essential for fostering an inclusive learning environment conducive to career readiness. Implications include tailored curriculum approaches enhancing overall education quality, equipping graduates with skills for workforce success, and driving positive change within Home Economics education.

Evaluating the Impact of Financial Literacy on Investment Decisions: A Case Study of Balochistan, Pakistan

Contemporary financial technologies have reshaped the global financial markets by contributing to the development of modern economies. During the past decade, the transactional complications and the risks associated with the use of and investments in emerging financial products & services have made it challenging for salaried individuals and young investors to make effective investment decisions. Thus, financial literacy is important for understanding the risks and returns associated with various financial investment options. This study examines the impact of four dimensions of financial literacy (Financial Knowledge, Financial Awareness, Financial Behavior, and Financial Attitude) on the investment decisions among the salaried class of Balochistan province of Pakistan under the moderating influence of their risk perception. By employing quantitative research, the data were collected via online surveys from 350 employees of different public and private organizations in the province. Statistical software tools were utilized for data analyses. The results revealed that all four dimensions of financial literacy had a positive and significant impact on the investment decisions of the salaried individuals of Balochistan. The results contribute to the current literature by offering an increased understanding of how to build and promote a culture of financial literacy among these individuals and thus help them make effective investment decisions. In addition to the salaried class, this study also offers valuable insights for individual investors, young entrepreneurs, and the federal & provincial governments as the policy makers so they could play their active role in their capacities and contribute to the overall economic growth of Pakistan.

Cattle E-Reservation Application Design Trading in PT. Holy Grace Cholis

E-Reservation Application Design Cattle Trading At PT. Holy Grace Cholis. Supervised by Mr. Zainuddin Bey Fananie, M.Sc and Mrs. Arini, MT. The Rahmat Suci Cholis Company was founded in 1996. This company is engaged in beef cattle sales. This company also does marketing directly to the sale of cattle. Currently the system that runs is still manual, has many weaknesses causing the company's performance to be hampered and has not been able to support all the needs of the company. For this reason, in making it easier for companies to place orders, make payments, online and recording sales reports are analyzed and designed a e-reservation application system that can provide the required information by the company. The use of this system is divided into 2 main accesses, namely for the financial admin section and the owner (company owner). Development tools used in this research by using PHP as the language programming and MySQL as the database. Designing and designing systems This e-reservation application uses the Rapid Application Development method (RAD) and Unified Modeling Language (UML) as modeling tools. The final results achieved from the creation of an e-reservation application can be make it easier for companies to place orders and payments through PayPal system, so that it can make it easier for customers to order and online payment through the PayPal system. With this system too can increase company profits