Entrepreneurial Performance Research Articles

A correlation study on project success and entrepreneurial performance, and the moderating effect of project risk

A correlation study on project success and entrepreneurial performance, and the moderating effect of project risk

The Effect of Self Efficacy Leadership and Business Experience on Entrepreneurial Performance with Innovative Behaviour as an Intervening Variable in the Branch Management of the Indonesian Young Entrepreneurs Association in Medan City

The purpose of this study was to analyze the effect of Self-efficacy, Leadership, and Business Experience on Entrepreneurial Performance with Innovative Behavior as an Intervening Variable in the Branch Management of the Indonesian Young Entrepreneurs Association of Medan City. This research uses descriptive quantitative research methods to study young entrepreneurs in the Indonesian Young Entrepreneurs Association of Medan City. This study used probability sampling and the Slovin formula to select 350 respondents. Data were collected through questionnaires and secondary sources such as literature and journals. The results showed that self-efficacy has a positive effect on entrepreneurial performance in BPC Hipmi Medan City, while leadership has a positive effect on entrepreneurial performance. Business experience also has a positive impact on entrepreneurial performance. However, self-efficacy hurts innovative behavior. This research shows that entrepreneurs in HIPMI Medan City need high self-efficacy, digital technology for innovation, and creative ideas. Leadership is essential to coordinate business goals, improve performance quality, and accept criticism to sustain the market and maintain market share.

Entrepreneurial bricolage and entrepreneurial performance: The role of business model innovation and market orientation

Newly established enterprises in China face significant challenges and opportunities, with persistently high mortality rates. Navigating market challenges and establishing sustainable competitive advantages are pressing issues for contemporary businesses. This study delves into the bridging role of business model innovation between entrepreneurial bricolage and entrepreneurial performance, with market orientation influencing the relationship boundaries. We examined 288 Chinese small and medium-sized enterprises, investigating the relationships among entrepreneurial bricolage, business model innovation, market orientation, and entrepreneurial performance. Empirical results indicate: (1) Entrepreneurial bricolage positively influences business model innovation, and business model innovation positively impacts entrepreneurial performance. (2) Business model innovation plays a fully mediating positive role between entrepreneurial bricolage and entrepreneurial performance. (3) Market orientation positively moderates the impact of entrepreneurial bricolage on business model innovation and entrepreneurial performance, and it also positively moderates the impact of business model innovation on entrepreneurial performance. (4) Market orientation positively moderates the impact of entrepreneurial bricolage, mediated by business model innovation, on entrepreneurial performance. The study results contribute to a more effective understanding of the mechanisms through which entrepreneurial bricolage and business model innovation influence entrepreneurial performance, as well as how market orientation moderates their relationships and how enterprises sustain competitive advantages.

How Coffee Entrepreneurs in Kerinci Impact Local Economic Empowerment and Social Impact of Local Communities in terms of Financial Capital, Entrepreneurial Orientation, Government Policy and Entrepreneurial Ecosystem

In the Indonesian Kerinci region, this quantitative study explores the complex effects of coffee entrepreneurs on community well-being and local economic empowerment. This study examines the relationship between independent variables—financial capital, entrepreneurial orientation, government policy, and the entrepreneurial ecosystem—and their impact on dependent variables—entrepreneurial performance, economic empowerment, and community empowerment. It is based on the Resource-Based View (RBV) theory. A survey of 180 coffee entrepreneurs was conducted, and Structural Equation Modeling with Partial Least Squares (SEM-PLS) was used to analyze the data. The findings supported the importance of this link by showing that government policies, financial resources, entrepreneurial orientation, and the entrepreneurial ecosystem all have a beneficial impact on entrepreneurial performance, which in turn promotes community and local economic empowerment. Policy makers, coffee entrepreneurs, and industry stakeholders can benefit greatly from the findings, which highlight the significance of resource allocation, entrepreneurial qualities, and a conducive ecology in augmenting Kerinci's socio-economic advancement

Center The Driving Force of Entrepreneurial Performance in Microenterprises

The entrepreneurial imagination and ideas of micro-entrepreneurs play a pivotal role in fostering entrepreneurial success, serving as the driving force behind entrepreneurial performance. However, traditional entrepreneurial theories have predominantly employed symmetrical approaches for development and examination. This study aims to utilize Fuzzy Set Qualitative Comparative Analysis (fsQCA) to unveil hidden asymmetries in the data and explore diverse pathways to success for micro-enterprises. By identifying the configurations of entrepreneurial imagination and ideas that contribute to the dynamic development process of micro-entrepreneurship, this research seeks to provide profound insights into how individual imagination and ideas influence entrepreneurial dynamics. Through the application of fsQCA, our endeavor is to offer a novel perspective to entrepreneurial theories.

A Systematic Literature Review and Meta-Analysis of Entrepreneurial Personality

Abstract Entrepreneurial Personality (EP) is a collection of personality traits that broadly and strongly relate to entrepreneurial outcomes across most contexts. The goal of the current article is to address present uncertainties surrounding EP by identifying its dimensions and assessing their relations with entrepreneurial outcomes. Our systematic literature review demonstrates that seven dimensions are commonly used to represent EP: innovativeness, risk-taking, achievement orientation, locus of control, proactiveness, self-efficacy, and autonomy orientation. Via meta-analytic structural equation modeling, we find support for a one-factor model composed of these seven dimensions, suggesting that they indeed represent a unitary construct. Our meta-analysis also supports that EP and its dimensions consistently produce significant relations with entrepreneurial attitudes, intent, status, and performance. EP is thereby supported as an important component of successful entrepreneurial endeavors, and our meta-analytic results provide clear criteria for determining the inclusion of dimensions within the construct of EP – which our seven identified dimensions satisfy.

Mediating effect of absorptive capacity on the relationship between knowledge sharing and entrepreneurial orientation and the moderating role of opportunity recognition

PurposeKnowledge sharing enables a firm’s absorptive capacity to reconfigure its dynamic capabilities to sense, track and recognise embryonic business opportunities. Entrepreneurial opportunity recognition triggers entrepreneurs to invest in and upgrade their knowledge practices to improve entrepreneurial performance. This study aims to examine the relationship between knowledge sharing and absorptive capacity on entrepreneurial orientation as well as the moderating effect of opportunity recognition and the mediating effect of absorptive capacity.Design/methodology/approachA quantitative cross-sectional research design was applied to data from Algerian small and medium-sized enterprise managers in middle- to top-management positions. The final analysis using smart PLS included 246 respondents.FindingsKnowledge sharing positively influenced entrepreneurial orientation and absorptive capacity. In addition, the findings reveal that entrepreneurial orientation positively influences entrepreneurial performance, and opportunity recognition strengthens the relationship between entrepreneurial orientation and entrepreneurial performance. Entrepreneurial orientation and absorptive capacity have partial mediating effects.Practical implicationsThis study focuses on how firms create and share developed knowledge to enable absorptive capacity to fit a level of entrepreneurial orientation. This study validates the vital impact of opportunity recognition as a leading motivation for entrepreneurial orientation. The results highlight an important area of research and suggest that firms should focus on knowledge sharing to boost entrepreneurial outcomes.Originality/valueThe notions of entrepreneurship, absorptive capacity and knowledge sharing are extended by building on dynamic capability theory. Knowledge sharing increases absorptive capacity, which drives superior entrepreneurial orientation outcomes.

Entrepreneurial orientation and performance in nonprofit organizations: A meta‐analysis

AbstractThis meta‐analysis examines the state of research on the relationship between entrepreneurial orientation (EO) and performance in nonprofit organizations (NPOs). The evidence on this relationship in the business context is already well consolidated. Nonprofit research also elaborated review publications on EO. However, existing knowledge lacks an examination of the EO–performance relationship in NPOs. This study includes 25 publications in the correlation‐based meta‐analysis and finds that various performance goals are positively affected. Nonetheless, the results reveal several inconsistencies regarding conceptual and methodological approaches. A critical reflection on the complexity and differentiation of both constructs, problems of bias, and the causal character of the relationship addresses these issues.

Identification of factors that influence the entrepreneurial intention of people with disabilities: A systematic literature review

Currently, there is a compelling need to understand the factors influencing the success or failure of new businesses, particularly those created by people with disabilities. This paper, thus, aims to identify the main variables reported in previous studies into entrepreneurship and disability and analyse how they can be used to strengthen the entrepreneurial processes of this population. The methodology used in this study included two phases: (1) a systematic literature review to collect high-quality investigations and extract relevant variables from them, and (2) a bibliometric analysis to present the results. Our main findings reveal a growing interest in investigating issues related to entrepreneurship and the determinants of success or failure among entrepreneurs with disabilities. Although formal and informal institutions have not been extensively studied in relation to the entrepreneurial intention of people with disabilities, they do have an impact on the entrepreneurial performance of this group of individuals.

Entrepreneurial team personality-faultline strength and performance: the non-linear relationship and boundary conditions

PurposeThe purpose of this paper is to explore the effect of a team’s personality faultlines on entrepreneurial performance. Additionally, this paper verifies the moderating effect of shared leadership on the connection between the two varies. The authors focus on the upper echelons theory and social identity theory as well as personality faultlines in entrepreneurial teams.Design/methodology/approachAn online survey was conducted using data collected in China. Data from 618 members from 144 new venture teams were collected to examine the authors’ hypothesis.FindingsThe authors find a U-shaped relationship between the strength of entrepreneurial teams' personality-faultline and entrepreneurial performance. Additionally, shared leadership negatively moderates this U-shaped relationship. Specifically, when the entrepreneurial team has a high level of shared leadership, both the positive and negative relationships between the strength of the personality faultlines and entrepreneurial performance are weaker.Originality/valueThe research offers important theoretical and practical implications for the formation of entrepreneurial teams.

Research on the Current Situation and Influencing Factors of Women's Internet Entrepreneurship in Wenzhou under the Background of Digital Economy

In the context of the digital economy, women's Internet entrepreneurship is of positive significance. Taking women Internet entrepreneurs in Wenzhou as the survey object, this paper comprehensively understands the current situation of women using Internet tools and platforms to start their own businesses. Through factor analysis, the main influencing factors affecting women's Internet entrepreneurship performance were extracted, and further regression analysis was carried out to study the degree of influence of the main factors on their entrepreneurial performance, and it was found that teamwork, family capital and reproductive choice all had an important impact on women's Internet entrepreneurship performance, and the individual soft power performance was also affected by the entrepreneurial environment, and the organizational performance was also greatly affected by the entrepreneurial environment and entrepreneurial motivation. Finally, in order to improve the performance of women Internet entrepreneurs, this paper puts forward suggestions that women Internet entrepreneurs should enrich social network resources and build a reasonable entrepreneurial team, and the government should strengthen policy and financial support and create a good entrepreneurial environment.

Entrepreneurship performance in the EU: To what extent do economic, social, and government conditions matter?

Entrepreneurship is widely recognized as a key driver of economic development. At the same time, entrepreneurship is also affected by the economic conditions of the regions where it evolves. In the literature, negative impacts on entrepreneurial performance have been linked to the 2008 financial crisis in the European Union (EU). However, not enough evidence has been provided to support this assertion. To fill this gap, we tested the relationship between economic, social, and government conditions and entrepreneurial performance. We did this for opportunity entrepreneurship (OPP), necessity entrepreneurship (NEC), and total entrepreneurial activity (TEA), for the period 2003–2018, which covers before, during, and after the financial crisis. We considered 21 EU countries and applied descriptive, correlation, and multiple linear regression analyses. Our results demonstrate that (a) there is a positive and significant correlation between NEC and OPP, GDP per capita and OPP, unemployment and TEA, gender ratio and age, gender ratio and education, education and TEA, population and NEC, government indicators and GDP per capita, and government expenditure and NEC, and a negative and significant correlation between GDP per capita and TEA and (b) economic and government conditions had a negative impact on TEA, in contrast to a positive and negative impact on NEC. Social conditions are mixed for TEA and NEC and positive for OPP. The effects on economic conditions were mixed for OPP. Therefore, our study impacts practitioners by demonstrating the factors that do or do not impact entrepreneurial activity in the EU. Additionally, our study expands upon previously analyzed factors that influence entrepreneurial performance, promoting value and originality in the area.

The effects of environmental regulations on the sustainable entrepreneurship from the perspective of dynamic capabilities: a study based on Chinese new energy enterprises

Environmental regulations play important roles in enterprises’ sustainable entrepreneurship, and their relationships are affected by enterprises’ dynamic capabilities. This paper analyzed the panel data of China’s new energy industry from 2011 to 2021, aiming to explore the impact of environmental regulations on sustainable entrepreneurship and the mechanism of dynamic capacities between them. The results include: There is an inverted U-shaped relationship between incentive environmental regulation and enterprises’ sustainable entrepreneurial performances, and there is a positive relationship between command environmental regulations and enterprises’ sustainable entrepreneurial performances; Both absorptive capacity and innovative capability of dynamic capacities negatively moderate the inverted U-shaped relationship between incentive environmental regulations and sustainable entrepreneurial performances, and negatively moderate the positive relationship between command environmental regulations and sustainable entrepreneurial performances. The results highlight the importance of dynamic capabilities for new energy enterprises, and provide a certain enlightening effect on the formulation of environmental regulation policies, as well as the application of enterprises’ dynamic capabilities.

Mentorship and innovation as drivers of entrepreneurship performance in Africa’s largest economy

Purpose This study aims to examine the relationship between mentorship, innovation and entrepreneurship performance in Africa’s largest economy. This study argues that mentorship and innovation play significant roles in driving entrepreneurship performance in the country. It explores the impact of mentorship on entrepreneurial development, including the transmission of knowledge, skills and networks. Design/methodology/approach This study analyzes the role of innovation in fostering entrepreneurial growth and competitiveness, particularly in the context of Nigeria, Africa’s largest economy. The authors engaged data obtained from the Youth Enterprise with Innovation (2019) and made use of the propensity score matching. Findings The findings suggest that effective mentorship programs and innovative approaches can enhance entrepreneurial performance, promote economic growth and contribute to sustainable development in Nigeria, Africa’s largest economy. Originality/value The literature on entrepreneurship in Africa’s largest economy, Nigeria, has mainly focused on factors such as access to finance, the business environment and government policies, with limited research on the role of mentorship and innovation in entrepreneurship performance. This study contributes to the growing body of literature on entrepreneurship in Nigeria, particularly on the role of mentorship and innovation in entrepreneurship performance.

Assessing Entrepreneurial Performance of G7 Countries Under Context of Social Sustainable Development Goals: A Multicriteria Decision Analysis Approach

Entrepreneurship is a multilevel concept that connects social, environmental, and economic aspects of sustainability for societal developments, entrepreneurial processes, and market transformations. Social sustainability covers various social aspects and concerns that modern societies should achieve to improve their social infrastructures. Entrepreneurship is one of the main pivots that can strongly affect achieving social sustainability goals. Therefore, considering the current efforts of countries to reach their optimum level of social sustainability and strategic decision-making for long-term goals requires evaluating the current entrepreneurial performance in the first step. In this article, we aim to develop a multicriteria evaluation model using Shannon's entropy and measurement of alternatives and ranking according to the compromise solution to evaluate countries with the most influential entrepreneurial activities which contribute to socially sustainable development goals. As a case study, member countries of the Group of Seven (G7) are selected to assess their entrepreneurial performance using seven key indicators. These indicators are employees by business size, enterprises by business size, starting a business, women inventors, running a business, self-employed with employees, and young self-employed and are chosen for the analysis. The results show that Italy and the United States of America have been the pioneers in utilizing entrepreneurial activities to improve their social sustainability.

Previous Management Experience as a Determinant of Entrepreneurs’ Business Performance: Evidence from a Developing Economy

Following the logic of human capital theory, this study explores the significance of previous management experience on entrepreneurial performance. It refines and extends previous studies on the subject, as management experience is treated not only in a general sense (having vs. not having) but also structurally, by management levels and functional areas. The study finds a significant impact of previous management experience on entrepreneurial performance in a sample of entrepreneurs from the Republic of Serbia. Nevertheless, the study failed to support the assumption of the importance of the structure of the management experience for entrepreneurs’ business performance. The results show that entrepreneurs with prior management experience achieve higher profits, regardless of the level and the functional area in which they gained that experience. The study complements the body of knowledge by providing evidence from a developing economy, and insight from an under-researched context.

Contesting the underperformance of women businesses : Entrepreneurship digitalisation – the way to go

Digitalisation is an emerging trend influencing enterprises in developing nations to adapt and improve entrepreneurial performance. The purpose of the study is to establish the relationship between entrepreneurship digitalisation and the performance of women businesses in an emerging economy. A quantitative research study was conducted in Mashonaland West province in Zimbabwe. Data were collected through structured questionnaires from 312 women entrepreneurs in various sectors of the economy using a self-administered structured questionnaire. Respondents were randomly sampled, and data were analysed using Structural equation modelling in Amos V21.The study found a strong correlation between women’s entrepreneurial performance and the performance expectation of digital technologies. The results also indicate that women’s entrepreneurship performance is positively impacted by the effort expectations of digital technologies. Additionally, the findings of the study suggest that entrepreneurs’ age has a moderating effect on the relationship between entrepreneurship digitalisation and women entrepreneurship performance.

The Uneven Impact of Generative AI on Entrepreneurial Performance

The Uneven Impact of Generative AI on Entrepreneurial Performance

Importance of a Training Component to Micro and Small Enterprise Operators’ Competencies

Training as a BDS component improves Enterprisers’ competencies which are critical in the success of their firms. The objective of this study was to assess the relationship between the training status and entrepreneurs’ operational competencies. A sample of 252 respondents for the study was drawn from the Western Kenya counties of Uasin Gisu, Bungoma, Trans Nzoia, Kisumu and Kakamega. The study was guided by the entrepreneurial competency model. Primary data was collected using questionnaires while document analysis was employed for secondary data. The Statistical Package for Social Sciences (SPSS v.21) was utilized in analyzing data, basing on split file, paired t-test and multiple sets. The results revealed that training enhanced entrepreneurs’ competencies, more so to those with secondary education and above. There is therefore need to investigate the relationship between levels of entrepreneur education and entrepreneurial performance.

Bridging Passion and Performance: The Mediating Role of Improvisation Behavior in New Startup Ventures

This research examines the relationship between entrepreneurial passion, improvisation behavior, and entrepreneurial performance in the context of New startups. Drawing on identity theory, effect logic theory, and affective interpersonal commitment theory, a theoretical model was constructed and empirically tested using data from 456 entrepreneurs in China's first-tier cities. Results indicate a significant positive correlation between entrepreneurial passion and improvisation behavior, with both harmonious and coercive passion influencing creativity, externality, and persistence. Improvisation behavior partially mediates the relationship between entrepreneurial passion and performance. Additionally, institutional support and cognitive flexibility were found to positively moderate the relationship between improvisation behavior and performance. Findings underscore the importance of entrepreneurial passion and improvisation in enhancing performance outcomes and offer practical insights for entrepreneurs and policymakers.