Entrepreneurs In Industry Research Articles

Modeling of management in organizational systems of interaction between subjects of industrial entrepreneurship

Modeling of management in organizational systems of interaction between subjects of industrial entrepreneurship

The Influence of Problem-Solving Skills and Self-Efficacy on Entrepreneurial Readiness in Culinary Skills Program

This study examines the influence of problem-solving skills and self-efficacy on entrepreneurial readiness among participants in a culinary skills program. Given the increasing importance of entrepreneurship in the culinary industry, understanding these factors can enhance educational strategies and support aspiring culinary entrepreneurs. A quantitative research design was employed, utilizing a survey methodology to collect data from 125 culinary skill program participants. The survey measured participants' problem-solving skills, self-efficacy, and entrepreneurial readiness. Data were analyzed using multiple regression analysis to determine the relationships between these variables. The findings reveal that both problem-solving skills and self-efficacy significantly influence entrepreneurial readiness. Specifically, problem-solving skills were found to have a stronger impact, suggesting that participants who are adept at resolving challenges are more prepared for entrepreneurial ventures. Additionally, self-efficacy contributes positively to entrepreneurial readiness, indicating that confidence in one's abilities is crucial in entrepreneurial preparedness. The study concludes that enhancing problem-solving skills and self-efficacy in culinary education programs can significantly boost entrepreneurial readiness.

Relationship between innovation and firm performance and the role of strategic orientations

Purpose The purpose of the present paper is to analyse the impact of entrepreneurial orientation (EO) and customer orientation (Co.) on innovation in the restaurant industry, as well as how innovation also positively influences financial and market performance. Likewise, it is analysed whether human capital (HC) and competitive strategy (CS) have a moderating effect between innovation and performance. Design/methodology/approach To reach the stated goals, a survey was applied to 129 entrepreneurs in the restaurant industry in Baja California, Mexico and using partial least squares structural equation modelling, the research hypotheses were verified. Findings Results indicate that EO and Co positively influence innovation, which also furthers better financial and market firm performance; however, no moderating effect was found for HC nor CS. Practical implications The findings allow contributing from a practical-entrepreneurial standpoint, as it raises awareness about the importance of developing strategies that allow efficiently gaining knowledge to encourage a culture in the restaurant industry focused on EO and Co, which, for their part, will boost the design and implementation of innovations. Social implications The paper contributes to understanding the behaviour of HC and CS, which may have an influence or not, depending on the role they have within a system. Originality/value This paper contributes to raising awareness of the importance of developing strategies that allow efficient knowledge to foster a culture in the restaurant industry focused on entrepreneurship and clientele.

International Immigrant Entrepreneurship in Tourism Industry: A Comprehensive Literature Review

Immigrant entrepreneurship is particularly important for tourism destinations that create innovative, ethnic and new-to-the-market tourism products and offerings since the international immigrant entrepreneurs’ culture, values, and traditions are novel to the country they operate in. Hence, the purpose of this study is to systematically examine the current literature on tourism immigrant entrepreneurship and present related study areas. The findings of the study revealed that there are only 102 articles in the literature related to immigrant entrepreneurship in the tourism industry, which highlights a gap in the literature. Most of the studies are concentrated in the general tourism field rather than specific sectors of the industry like travel or F&B. Methodologies of the articles show that most of the studies utilize qualitative research techniques, mainly comparative case studies and in-depth interviews. Number of quantitative studies is quite low and most of them are empirical. From a managerial point of view, the lack of studies in these areas is proof that there is a niche market for immigrant entrepreneurship in tourism sector, which can easily be filled by practitioners. Especially in countries such as Turkey, Italy and Greece, practitioners will significantly benefit from the findings of this study.

Redefining responsible consumption decent work: Insights from the second-hand industry in Uzbekistan

The goal of this paper is to examine how the practices of small businesses engaged in acquiring, repairing, and reselling second-hand goods in Uzbekistan can contribute insights for shaping policies related to responsible consumption and decent work. Employing Gibson-Graham's method of reading for difference, this project aims to portray the diversity of the second-hand industry in Tashkent and reframe the narrative on the United Nations Sustainable Development Goals to render them more inclusive and performance-oriented. Data for the paper were gathered through a focus group and structured interviews with Uzbek entrepreneurs in four neighborhoods of Tashkent. The interview findings reveal that, beyond income and job security, entrepreneurs in Uzbekistan's second-hand industry highly value being self-employed and the connections their work allows them to establish with their customers. Moreover, this article underscores that responsible consumption is a dynamic concept primarily reliant on accessibility, creativity, and connectivity with one's surroundings and social network.

The political economy of economic policy: industrial entrepreneurs and macroeconomic prices in Brazil (2003-2016)

RESUMO O artigo tem como objetivo discutir aspectos da economia política brasileira contemporânea apresentando a forma como os empresários da grande indústria do país atuaram em defesa de seus interesses na disputa do desenho da política econômica ao longo dos governos do Partido dos Trabalhadores entre 2003 e 2016. Argumenta-se ser possível identificar uma disputa interclasses pela definição de quatro preços macroeconômicos - taxa de lucro, taxa de juros, taxa de câmbio e taxa salarial - que coloca os capitalistas industriais ora ante o setor rentistas, ora ante o movimento trabalhista no país.

FACTORS AFFECTING THE INCOME OF THE SMALL FURNITURE INDUSTRY IN KENDARI CITY

The furniture industry has a fairly good development, so it will affect the income level of the craftsmen. The purpose of the study was to analyze the effect of capital, labor and total production on income. The research location is in Baruga District, Kendari City. The research focuses on the income of furniture industry entrepreneurs and the factors that influence it. The sample was selected using the census method, namely using the entire population as a sample. The sample was 36 wood industry entrepreneurs. The data analysis technique used is multiple linear regression. The results showed that 1) Jointly business capital, labor, and production on furniture business income in Baruga District, Kendari City have a significant effect on furniture business income. This is indicated by the test results Fhitung = 14.935 > ? = 0.05. (2) Business capital on furniture business income in Baruga Subdistrict, Kendari City has a significant effect on increasing the income of respondents' furniture business spread across Baruga Subdistrict, Kendari City. This is indicated by the results of the t test at the level of sign. 0.128 > ? = 0.05., (3) The number of workers on the income of the furniture business in Baruga District, Kendari City does not have a significant effect on increasing the income of the furniture business spread across Baruga District, Kendari City. This is indicated by the results of the t-test at the level of sign. 0.000> ? = 0.05 and (4) Furniture business production (x3) partially does not have a significant effect on increasing the income of furniture businesses scattered in Baruga District, Kendari City. This is indicated by the results of the t test at the sign level. 1,954 > ? = 0,05. This means that capital, labor, and total production simultaneously have a significant effect on the income of wood furniture industry entrepreneurs. Capital, labor, and raw materials partially have a positive and significant effect on the income of wood furniture industry entrepreneurs. This means that the greater the capital spent, the labor used and the amount of production owned, the greater the possibility of the amount of production produced, so that the income received is greater.

Entrepreneurs’ Innovative Behaviour Response in Rural Tourism Development. A Case Study of Local Service Providers in Dong Van Karst Plateau Geopark, Northern Vietnam

Tourism industry becomes the spearhead economy in the Vietnamese government's development strategies that compete with regional countries like Thailand, Taiwan, Singapore, Philippines, Malaysia. Especially tourism in rural areas has been focused on and integrated into regional and national development programs in terms of creating a driving force for socio-economic development, high quality, diversified, and branded tourism products. Innovative efforts are necessary to further promote this industry so as to reap the full benefits and potential of this sector. Creativity and innovative approaches are essential for success. The objective of this study is to examine the impact of innovation on the effectiveness of entrepreneurs in the tourism industry and propose that strategic and behavioural innovativeness enhances performance of entrepreneurs. Based on semi-structure interviews with 15 local service providers, the existing business challenges facing the service providers were identified and innovation activities that they adopted in responding to the challenges for the development strategies of rural tourism in Dong Van Karst Plateau Geopark. This research contributes to the understanding of innovative behaviour of participants and also some practical benefits as responses to their business challenges. However, the sample size of the study is quite small, new avenues for further research is highly recommended.

Navigating Careers in Ayurveda: A Comprehensive Needs Assessment for Introducing a Career Guidance Module.

The career landscape in Ayurveda is diverse and multifaceted. Many career opportunities are now being available for Ayurveda in many fields, e.g. cosmeceuticals, neutraceuticals, herbal pharmaceuticals, preventive healthcare, lifestyle and wellness and clinical research. However, an interactive platform is lacking to introduce recent Ayurveda graduates to emerging career opportunities. A dedicated career guidance module can help address these aspirations by providing insights into various career paths and potential career trajectories. This Needs Assessment Survey was conducted among different stakeholders within Ayurveda to find out the perceived need for introducing a career guidance module for interns. Afterinstitutional sub-ethics committee approval, a peer-validated needs assessmentquestionnaire for a career guidance module was developed and administered to faculty, clinicians, industry entrepreneurs, post-graduate residents, fresh graduates and interns within Maharashtra. Snowball sampling through WhatsApp was used to collect responses. A total of 102 responses were received. Fifty-eight per centof respondents were females. An almost equal number of faculty, interns and fresh graduates responded. In carer preferences, post-graduation followed by clinical practice were two responses that received maximum votes. An academic career was least preferred. The majority of faculty and students felt that sufficient career options were available for Ayurveda graduates. Private practitioners and entrepreneurs felt otherwise. For updated information on career opportunities, interns rely on the internet over peers and local contacts. Guidance from colleges is minimal. Internship is an important time in career decision-making. Internship experiences are likely to influence the opinions of fresh graduates regarding their desired career paths. Almost all survey participants agreed on an urgent need to have career guidance in Ayurveda. This should focus on employment, enhancing communication skills, professional ethics and leadership skills along with clinical expertise. The pursuit of a career in Ayurvedic research, Ayurvedic drug development, Ayurvedic manufacturing, Ayurvedic tourism, etc. lacks a clear career path. Most interns are unfamiliar with these uncharted career paths. The Health Universities, colleges and eminent experienced alumni of Ayurveda colleges can form an intensive network to guide and support students in making an appropriate choice of a career in Ayurveda.

THE FACTORS INFLUENCING BUSINESS SUSTAINABILITY OF FOOD TRUCK ENTREPRENEURS: A CASE OF NELSON MANDELA BAY, SOUTH AFRICA

Purpose: Within the Nelson Mandela Bay Metropolitan Municipality in South Africa, no record of factors that inhibit the successful pursuit of the food truck business exists. This study closes this gap, as its chief goal was to ascertain the factors influencing the sustainability of food truck entrepreneurs in Nelson Mandela Bay (NMB). Theoretical Framework: The study used a conceptual framework developed from previous studies on factors that affect food truck entrepreneurs and business sustainability. Design/Methodology/Approach: Data for the study was collected through semi-structured interviews with seven food truck entrepreneurs from NMB. The data was analysed using thematic analysis. Findings: Reviewing the factors that have been highlighted in this study, it is evident that several factors are most important for a food truck business to remain sustainable and profitable. It was established that both internal and external factors play an important role in the success of a food truck business. A framework that highlights the factors influencing a food truck business in NMB has been created for ease of use by entrepreneurs in the food truck industry. Research, Practical & Social Implications: Prospective and current practitioners in the field can predict the long-term success of their endeavours by understanding the factors. The framework can also be used by metro officials and local governments to determine where support might be needed to promote and support entrepreneurs in their business ventures by reviewing policies and regulations. Originality/Value: Improved regulations could help food truck owners grow their businesses, employ more people, and upskill others.

CO-CREATION ACTIVITY AS MODERATOR IN THE DESTINATION BRAND ATTACHMENT MODEL TOWARDS CUSTOMER INTENTION TO REVISIT DESTINATION IN INDONESIA AND TIMOR LESTE

This research aims to develop the model by testing and analyzing: 1) the impact of perceived quality towards destination brand attachment; 2) the impact of destination brand attachment towards memorable customer experience; 3) the impact of memorable customer experience towards intention to revisit the destination; and 4) the impact of destination brand attachment towards intention to revisit the destination. 5) whether co-creation activity becomes a moderator for the influence of memorable customer experiences on the intention to revisit the destination. This research uses a sample of respondents who visited hospitality locations in Indonesia and Timor-Leste. The sampling method is purposive sampling, and the characteristics of the respondents are youths who have visited the hospitality locations, whose age range is between 20 and 40 years old, and who have visited at least three times within the last three months. The respondents are 175 people from Indonesia and 75 people from Timor-Leste. This research is essential because: 1) the findings from this research are expected to support the development of knowledge by adding new literature that can be used as a reference for other researchers who want to do further research, especially regarding destination brand attachment; 2) this research is expected to be able to benefit entrepreneurs in the hospitality industry. Hopefully, this research can offer them new points of view as considerations for making decisions or strategies for developing their places. The findings of this research are: Hypotheses 1 to 4 show significant results: activity co-creation becomes a moderator that strengthens the influence of memorable customer experience towards intention to revisit destination in Indonesia, while co-creation activity does not become a moderator that strengthens the influence of memorable customer experience towards intention to revisit destination in Timor Leste.

Research on carbon emissions during the construction process of prefabricated buildings based on BIM and LCA

ABSTRACT The goal of double carbon reflects the new goals and requirements of China’s entry into a new development stage. In this regard, the construction industry, as a large producer of carbon emissions, should focus on emission reduction. In the whole life cycle of buildings, the carbon emission intensity in the physicochemical stage is the largest, so we should focus on the carbon emission in the physicochemical stage. Compared with the cast-in-situ concrete floor slab, the bidirectional prestressed precast hollow slab (BPPHS) has the characteristics of environment-friendly under the condition of meeting the building stress, and the manufacturing process of precast floor slab is more standardized, which can give full play to the performance of components. Based on BIM (Building Information Modeling) and LCA (Life Cycle Assessment) theory, and in the case of tram transportation, this paper studies the carbon emission of prefabricated hollow floor slab used in prefabricated buildings in the building stage. The research shows that the use of BPPHS reduces the carbon emission of 197,332.81 kg in the whole physicochemical stage, and the emission reduction rate is 46.52% compared with the cast-in-place slab. Compared with the ordinary prefabricated laminated plate, the emission reduction rate reaches 45.40%; The carbon emission sources in the materialization stage of prefabricated buildings are divided into production stage, transportation stage and construction stage. The carbon emission reduction in each stage accounts for 42.29%, 46.18% and 51.08%, respectively, in each stage of cast-in-situ floor slab. Compared with ordinary precast slab, the emission reduction rates of each stage are 34.67%, 53.60% and 47.84%, respectively. The emission reduction potential of BPPHS is very considerable. It can not only promote the development of prefabricated buildings but also have lower carbon than conventional precast slab. The study provides new ideas for reducing building carbon emissions, which will also provide reference for industry entrepreneurs and relevant governments to realize low-carbon economy and sustainable development.

Equity Crowdfunding: An Alternative Source of Financing Entrepreneurship in the Greater Accra Region of Ghana

Entrepreneurship is globally seen as a tool for job creation, contributing to the stability and economic development of nations. This is why the governments of many nations, including Ghana, put up initiatives to promote entrepreneurial activities. This paper focuses on assessing equity crowdfunding as an alternative source of generating fund for entrepreneurial projects in Ghana. A combination of qualitative and quantitative approaches were used in conducting this study in the Tema Municipality of the Greater Accra Region. A sample size of 149 entrepreneurs in various industries, 118 investors, and 90 respondents acting as both entrepreneurs and investors were chosen through purposive sampling method. Data were collected through the use of questionnaires and analyzed using descriptive statistics, employing tables and graphs. The results of the study showed that most entrepreneurs and investors had heard of equity crowdfunding but very few understood the operations of this type of funding. Also, it became evident that the investors and entrepreneurs had inadequate knowledge and understanding about crowdfunding adoption in Ghana. The study showed that equity crowdfunding is capable of bridging the funding gap and, therefore, is a suitable alternative in generating funds for entrepreneurship in Ghana. It is recommended that equity crowdfunding should be included as a source of funding in entrepreneurship curriculum. Also, policies should be made by government to establish regulations that will protect all the parties involved in equity crowdfunding.

Entrepreneurial Orientation and Transformational Leadership for the Development of Innovation Capabilities

Purpose: This paper aims to analyse the impact of entrepreneurial orientation (EO) through the relationship of transformational leadership (TL) for the development of dynamic capabilities (DC) for organisational innovation. Methodology/Approach: Under a qualitative method, and a single case study strategy, data were obtained from interviews with 15 senior managers and leaders of innovation activities; the document review and data triangulation method was used to analyse causality relations proposed in the theoretical framework. Findings: The empirical results confirm that the EO and TL have a positive relationship with the development of innovation capabilities. Findings indicate that risk-taking, proactiveness, assimilation, and exploitation of internal and external knowledge remain the main difficulties in improving innovation capabilities and adaptability in the technological environment. Research Limitation/implication: The present paper gathered data from a specific organisation in the field of EO. The research allowed us to better understand the incidence of EO, TL, and DC regarding the relationship between variables, and it should be considered a potential source for enhancing innovation management capabilities. Originality/Value of paper: This work is the first that integrates the concepts of EO with other related disciplines into a single case strategy, within a specific entrepreneurship and innovation ecosystem context in a large automotive industry.

성장관리계획 산업형 성장유도구역의 실효성 제고 방안

This study was conducted on the growth management of non-urbanized areas in Sejong Special Self-Governing City, focusing on the operation of industrial growth induction zones for growth management plans. The effectiveness of integrating factories, warehouses, and manufacturing businesses, which are recommended for industrial growth induction zones, was investigated. Through in-depth interviews with entrepreneurs in related industries, officials in charge, the chairman of the Sejong City Council, and city council members, three analysis results and suggestions were made. The main improvement measures included creation of planned locations, improvement of policy publicity issues, support policies to attract companies, prevention of reckless development in non-urban areas.

Тау-кен өнеркәсібінде кәсіпкерліктің даму басымдылықтарын зерттеу

The article is devoted to the development of small and medium-sized enterprises in the mining industry, recognized in the world as an effective mechanism for ensuring the economic growth of the country. It examines the current state and scope of this business in Kazakhstan, as well as the possibilities of its development in the future. The number of operating subjects of small and medium-sized enterprises and output in the mining industry are investigated. The problems and opportunities of the regulatory framework of the mining industry of Kazakhstan are identified. On the example of the developed countries of the world, which make the greatest contribution to the production of gross domestic product entrepreneurship in the mining industry, the justification of the possibility of turning this business into a large sector of the country's economy in the conditions of its development on an innovative basis is given. At the same time, recommendations are proposed on the use of the mechanism of state support to accelerate the growth of entrepreneurship in the production sector and the full realization of its technical, production and socio-economic potential.

BUSINESS PARTNERSHIPS, PERSONNEL COMPETENCY, AND MARKETING STRATEGIES INFLUENCING THE SUCCESS OF TOURISM BUSINESS OPERATIONS IN THAILAND

In this study, an attempt has been made to examine factors affecting the success of various types of tourism business in Thailand. A total of 100 copies of the questionnaires were given to operators and managers engaged in tourist businesses in Thailand. These respondents were chosen by Proportionate Random Sampling-a method that ensures an unbiased cross-section from every section of society. The statistical methods used in data analysis include percentage calculation ; determining a mean value for all readings ; assessing standard deviation; analysing frequencies and multiple regression analysis. Entrepreneurs in Thailand's tourism industry have indicated that for the success of their operations marketing strategy, personnel competency, and business partnerships are the most important factors. When the study carried out the hypothesis tests it showed that price, place, and product (the 4Ps of marketing mix) location, and physical surroundings on one hand skills of human resource management to bring employees together while business partnership are positively correlated with success in operating a tourism business statistically.

Internationalisation Process of A Coffee Producer: Born Global and Effectuation Logic

The entrepreneurial process of young exporters in the coffee industry in Indonesia lacks investigation. This study examines how a young company in the coffee industry is able to enter international markets early and rapidly since its inception called a born global company. Effectuation theory was employed to understand how entrepreneurs in the coffee industry made decisions and behaved in pursuing international opportunities. Data was collected through an exploratory case study of a born global firm in the coffee industry in Aceh, Sumatra, Indonesia by doing a semi-structured interview with the CEO of a co-operative. The study's findings revealed that a born global company applied the effectuation logic both in the new venture creation and in the early stage of the internationalisation process. According to the effectuation theory, the entrepreneur's network of domestic partners and prior experience allowed the business to quickly join the international market. The results showed that serendipity discovery was a key factor that enabled early internationalisation to occur. Moreover, serendipity discovery played a role as a base of a cognitive source of opportunity discovery and entrepreneurial acquisition of knowledge of international opportunities.

Role of "Business Model Canvas" (BMC) In Improving Omzet, Comparative Analysis Approach of Beginner Enterpreneurs in the Field of Creative Economy

An established business must first have a comprehensive plan, including a vision, mission, and goals to be achieved, including increasing turnover and profits and then be able to map out what the company wants and needs with its resources. BMC Strategic Planning (BMC) is a business plan model that explains goals, capital, and efforts to achieve your goals comprehensively. This planning strategy effectively minimizes failure because all risks have been mapped. In some startups, formulating a BMC is a necessity, considering that most startup companies have a risk of failure in the first 5 years. Therefore, this research wants to see the extent of BMC's role in increasing the turnover of novice entrepreneurs in creative industries that have been established for 5 years by comparing turnover before and after using BMC for 3 consecutive years. The results show that the application of BMC to budding entrepreneurs in the creative economy sector has increased their turnover by 22.82% compared to before using BMC. The highest increase in turnover was in the culinary sector, reaching 26.36%, followed by F&B at 25.05%, fashion at 23.9%, and beverages at 22.74%. The BMC elements are dominant because they prioritize the quality of taste (food and drinks) as well as the quality of packaging and clothing design, key activities, and key partners to build value propositions, then supported by accurate market segmentation and customer relationships followed by intensive promotion (Channel) so that a revenue stream occurs, in the form of increased sales (Omzet).

Performance recovery of creative sector industries: strengthening management literacy and digital business innovation

This study examined the effect of strengthening management literacy on digital business innovation and accelerating performance recovery and examined the impact of digital business innovation on accelerating performance recovery. This study is explanative/associative research accompanied by hypothesis testing. The unit of analysis in this study was creative industry entrepreneurs, with a total population of 354. Sampling in this study used purposive sampling with specific criteria and obtained 194 as a sample size, after which they were referred to as respondents. Path analysis results show that strengthening management literacy directly and significantly influences digital business innovation and accelerates performance recovery; digital business innovation directly and substantially influences the acceleration of performance recovery in the creative industry sector. The findings of this study indicate that strengthening management literacy, which is carried out in a structured and massive manner, will encourage innovative behavior in implementing digital business. Digital business innovation will spur business activities to become more effective, because they are not limited by space and time.