Essence Of Entrepreneurship Research Articles

Strategi Pengembangan Kewirausahaan Untuk Meningkatkan Minat Dan Motivasi Siswa Kelas XI SMAN 6 Bengkulu Selatan

Entrepreneurship is a creative and innovative ability that is used as a basis, tips and resources for seeking opportunities for success. The essence of entrepreneurship is the ability to create something new and different (create new and different) through creative and innovative thinking to create opportunities. As time goes by, an entrepreneurial spirit is needed that grows from the younger generation to support the national economy through entrepreneurship. This Community Service activity aims to provide class XI students at SMAN 6 South Bengkulu with an introduction to learning about entrepreneurship, interests and motivation as well as the benefits of entrepreneurship. This activity explains the concept of starting a business, including a business plan, various business opportunities, the benefits of starting a business, and the characteristics of entrepreneurship. There is a need for motivation in the field of entrepreneurship for students so that they can increase class XI students' interest in entrepreneurship which can later help the economy for themselves and their families. It is hoped that class.

CREATIVE AND INNOVATIVE IS ENTREPRENEUR MINDSET

Successful Entrepreneurs are caused by having the ability to think creative and innovative. Creativity is thinking new things, and innovation is doing something new and different. Therefore, the essence of entrepreneurship is the ability to thinking new things and different. This study aims to find out that creative and innovative are the mindset of entrepreneurs in running a business. The method used in this study is the Library Review method (literature review/literature research). A method that identifies, assesses, and interprets all findings on a research theme. The method used is part of a qualitative research method. Creative and innovative are personal characteristics that are firmly entrenched in true entrepreneurs. Businesses that are not based on creative and innovative efforts usually cannot thrive forever. The dynamic business environment conditions require entrepreneurs to always be able to adapt in all changes to seek new breakthroughs. To win the competition, an entrepreneur must have high creativity. The power of creativity should be based on an advanced way of thinking, full of new ideas that are different from the products that have been on the market so far.
 Key Word : Creative, Innovative, Entrepreneur

Exploration on the Role of Transformational Leadership Linkage Psychological Empowerment in Stimulating Employees' Innovation Behavior in an Uncertain Environment: Based on Entrepreneurship Perspective.

Employee Innovative Behavior (EIB) in a stable environment is often based on the company's planned policy orientation and has higher innovation performance under the transactional leadership behavior characterized by task orientation. In an uncertain environment, transformational corporate leadership behaviors will stimulate EIB. The essence of entrepreneurship is innovation. Enterprises provide employees with spiritual support through entrepreneurship, which can generate more effective long-term incentives for employees. From the perspective of entrepreneurship, based on the Uncertainty-Identity Theory (UIT), through the analysis of 287 pairs of valid sample data from 7 companies, it is found that Environmental Uncertainty (EU) has a positive moderating effect on the relationship between Transformational Leadership (TL) and Psychological Empowerment (PE). PE positively promotes EIB. The indirect effect size of PE is 0.2221, 0.3495, and 0.4450 from low to high, respectively. It is inferred that the interaction between TL and EU can positively promote EIB through the mediating effect of PE. The research conclusions expand the boundary conditions of the relationship between TL and EIB and innovatively provide theoretical guidance for the management of EIB from the perspective of entrepreneurship in an uncertain environment.

On the consequences of firm growth.

Recent contributions to the literature on small firm growth have been marked by a growing sense of frustration with the state-of-the-art and what it implicates in both theory and policy. In short, while growth episodes appear relatively common, a tiny proportion of firms sustain growth and ‘scale’. This calls into question the very basis upon which policies seeking to target high growth firms (HGFs) rest. In addition, it cautions against perspectives that view growth as the essence of entrepreneurship. In this paper, we argue that understanding the frequency of growth episodes and the rarity of sustained growth requires a better understanding of growth consequences. To this end, we describe case study evidence from ambitious entrepreneurs whose firms experienced an episode of high growth followed by longer periods of mixed performance. Our goal is to shed light on how the experience of growing affects further growth. Our data provide initial insights into the mechanisms linking past growth to growth motivations and into the ways in which past growth lays the foundations for future performance.

기업가정신이 산업의 국제경쟁력에 미치는 영향 - 청암 박태준과 한국 철강산업 사례를 바탕으로 -

How did Korean steel industry gain a global competitiveness? It is because of T.J.Park’s great entrepreneurship. The essence of entrepreneurship is a innovation, because the firm and industry competitiveness is improved by innovative management. T.J.Park’s great entrepreneurship has enhanced the managerial conditions with implementing a sense of vocation to the employees and innovating the management and organization, the factor and related industries condition by bringing out those cooperations of Japan government and steel industry, demand condition through expanding the export markets. Those improvement of four competitive advantage conditions has enhanced the international competitiveness of Korean steel industry by shortening construction and normal operation duration. The great entrepreneurship has influenced a industry’s international competitiveness through improving four conditions of national competitive advantage.

ОСОБЛИВОСТІ РОЗВИТКУ ПІДПРИЄМНИЦТВА У РЕСТОРАННОМУ БІЗНЕСІ

The article presents a scientific discussion on trends and prospects for entrepreneurship in the restaurant business. The essence of entrepreneurship is considered, modern views of various scholars on entrepreneurship are substantiated and their differences are clarified, the definition of restaurant business entrepreneurship is formulated. A comprehensive analysis of the development of entrepreneurship in the catering in Ukraine at the present stage is conducted. The subjects of entrepreneurial activity in the restaurant business and their composition are described. The main directions and forms of business development in the market of restaurant services of Ukraine are revealed. The main indicators of financial and economic activity of enterprises of different sizes by type of activity 56 "food and beverage service activities" are investigated in dynamics. The problems that arise in carrying out business activities in catering are identified. Measures to intensify the business activities of restaurant enterprises are proposed, which will significantly increase their socio-economic impact on the country's economy. The purpose of the article - to explore the theoretical and practical principles of entrepreneurial activity of restaurants and its industry features, to analyze the problems of entrepreneurship in the restaurant business. The scientific novelty of the article is to study the general features of entrepreneurial activity in the restaurant business, taking into account industry specifics, to study the problems of entrepreneurship development in catering. The methodological basis of the study is general theoretical and special methods, in particular, the method of logical generalization (logical and dialectical), the method of scientific abstraction, graphoanalytical method. 2010-2020 was chosen as the research period. The development of entrepreneurship and the introduction of effective forms of restaurant business will ensure the sustainable development of the restaurant business in Ukraine. The results of the study can be useful in the practical work of restaurants that seek to increase the efficiency of their activities.

Modelling Entrepreneurial Decision Making Process Using Fuzzy Inference Systems

The essence of Entrepreneurship is making decisions that are constantly required to evaluate alternatives and make decisions regarding a wide range of matters. Decision making involves a lot of uncertainty and risk which poses serious challenges for Entrepreneurs to joggle among them in other to take the best decision. Study have shown that focus has been mainly on the analysis of the characteristics of potential entrepreneurs and the firm-creation process leaving the critical incredient that will help in decision making. The increasing challenges and complexity of business environments are making business decisions and operations more difficult for entrepreneurs to predict the outcomes of these processes. Hence, this paper proposes a decision support model -Fuzzy Inference System- that could be adapted for various business decision processes. This system has the capability to handle decision making, by critically considering the degree of membership of all the risk involved in a given problem space. The model uses the concept of fuzzy set theory to judiciously select the variables in a given problem space in an uncertain situations. From a real life practical point of view, this theory offers a natural approach to the resolution of multidimensional and complex problems when the available information is sparse and/or of poor quality. The fuzzy rule base sytem soften the adverse effects that a business may suffer from these uncertain factors. Keywords: Fuzzy logic, Membership functions, Decision, Fuzzy Set, Entrepreneur

The Designing of a Digital Book on the History of Rubber Plantation Based on the Experiential Learning Model as a Trigger for Learning History Meaning Entrepreneurship

Purpose: To achieve the level of prosperity is not an easy thing. Becoming an entrepreneur is not an alternative profession, but being an entrepreneur is a strategic choice that must be made with a firm and strong determination.
 Findings: The essence of entrepreneurship is to build an entrepreneurial atmosphere so that students like challenges, are creative, innovative, and have the courage to take or manage risks (character).
 Research limitations/implications: Imagine if all graduates in Indonesia had entrepreneurial characters, of course Indonesia would rise to become an authoritative country in the eyes of the world. Indonesia will have strong competitiveness, its economy will be independent, and its image will improve.
 Practical implications: The formulation of the problem in this study is how the entrepreneurial attitude of students so far and how the needs of teachers and students for teaching materials that can improve the entrepreneurial attitude of students.
 Paper type: Research paper.

Differentiation Strategy of Tofu and Tempeh Micro, Small, and Medium Enterprises for Food Security During The Covid-19 Pandemic

Purpose: To achieve the level of prosperity is not an easy thing. Becoming an entrepreneur is not an alternative profession, but being an entrepreneur is a strategic choice that must be made with a firm and strong determination.
 Findings: The essence of entrepreneurship is to build an entrepreneurial atmosphere so that students like challenges, are creative, innovative, and have the courage to take or manage risks (character). 
 Research limitations/implications: Imagine if all graduates in Indonesia had entrepreneurial characters, of course Indonesia would rise to become an authoritative country in the eyes of the world. Indonesia will have strong competitiveness, its economy will be independent, and its image will improve.
 Practical implications: The formulation of the problem in this study is how the entrepreneurial attitude of students so far and how the needs of teachers and students for teaching materials that can improve the entrepreneurial attitude of students. 
 Paper type: Research paper.

Reflecting on perceived failure of entrepreneurship development initiatives to help ignite economic development in Malawi

This study reflects on the perceived failure of entrepreneurship development initiatives to help ignite economic development in Malawi. A cross-sectional survey of 337 enterprises collected top-of-the-mind definitions of entrepreneurship, and innovations and their values carried out. Content analyses, comparison of mean values, 2 independent samples tests and multiple linear regression analyses showed that entrepreneurship is perceived as starting and managing one’s own business; being self-employed. Carrying out innovations is low and of low value, but enterprises which carried out innovations had higher median values than those that did not. The study found opportunity-motivated, growth-oriented, limited liability enterprises in the medium-to-large size category to be productive types of enterprises, but there were very few. It is argued that initiatives fail to help ignite economic development because knowledge which guides entrepreneurship development misses the essence of entrepreneurship—carrying out innovations. Secondly, there are no initiatives to support SME innovation and growth through product development, investments in modern production facilities and access to export markets. It is encouraged that key stakeholders adjust their understanding of entrepreneurship to neoclassical economic perspectives, encourage innovative start-ups and provide support to grow the numbers of productive enterprises.

Growth Experiences of the Second Generation and Portfolio Entrepreneurship in Family Firms: Insights from the Imprinting Theory

Portfolio entrepreneurship refers to the simultaneous identification and utilization of two or more business opportunities, and is an important means for family firms to address the dual challenges of intergenerational inheritance and upgrading. In fact, the essence of entrepreneurship is the process of identifying and utilizing opportunities, in which the cognition and ability shaped by entrepreneurs’ own experiences play an important role. In the context of inheritance, the second generation is the main family entrepreneur, so studying the antecedents of portfolio entrepreneurship requires examining the second generation’s growth experiences. Given this, our study proposes a model of the second generation’s growth experiences, industry prosperity and portfolio entrepreneurship, and constructs the hypothesis based on the imprinting theory.The study empirically tests the hypothesis using an ordinal logistic regression on a sample of 215 Chinese listed family firms during 2004—2016. The results show that the second generation with the experience of witnessing parental entrepreneurial process, studying abroad and working outside family firms will form values, beliefs and norms distinct from their parents, resulting in strong entrepreneurial intentions. At the same time, they possess strong information identification ability, resource acquisition ability and risk-taking ability, thus they are able to promote portfolio entrepreneurship. Furthermore, the lower industry prosperity will reduce the second generation’s identification with family firms, make them have a stronger entrepreneurial intention, and promote them to carry out entrepreneurial learning, strengthen their entrepreneurship ability, thus promote the portfolio entrepreneurship. Additionally, the second generation with the above growth experiences is more willing to enter high prosperity industries.The study makes several theoretical contributions: First, it focuses on the relationship between the second generation’s growth experiences and portfolio entrepreneurship, which enriches the antecedent of portfolio entrepreneurship. Second, it explains the formation of entrepreneurs’ cognition and ability from the historical perspective, breaking through the limitations of previous static studies. Third, it finds that the impact of the second generation’s imprint varies with industry prosperity, which not only expands the application scope of the imprinting theory, but also enriches the contextual factors of family entrepreneurship.The practical implications are that: First, family firms need to develop appropriate training plans for successors to nurture transgenerational entrepreneurship. Second, decision-makers of family firms should avoid the constraints of the imprint formed by experiences.

THE MECHANISM OF STATE SUPPORT FOR SMALL BUSINESS DEVELOPMENT: SYNERGISTIC ASPECTS

The purpose of this research is the development of theoretical foundations for the functioning of the mechanism of state support for small business in a decentralized government based on a synergistic approach. The subject of the study: theoretical and methodological foundations for the functioning of the mechanism of state support of small business in the context of synergetics. Research methodology is a set of principles, approaches, general theoretical, special, and interdisciplinary methods of scientific knowledge, namely morphological analysis, comparative analysis, methods of deduction and logical generalization, analysis and synthesis. Functioning of the mechanism of state support for small business is considered on the basis of a synergistic approach. The synergistic approach is one of the most effective methodological bases for the development of modern economics. The article considers the key theoretical provisions for understanding this approach, substantiates the possibility and feasibility of its application in the implementation of this mechanism in modern economic conditions. Results. It is determined that the reform of decentralization of power has led to the creation of institutional problems in the economic mechanism of state support for small business. In the regions and territorial communities, there is no single mechanism to support the development of small business, which causes the inefficiency of this area of public policy. This justifies the relevance of the use of new methodological approaches to the formation of the mechanisms for implementing the state policy of business regulation. The importance of small business for the development of the national economy, ensuring its stability, is substantiated, the main approaches to the essence of entrepreneurship are investigated. Theoretical aspects of the functioning of the mechanism of state support for small business on the basis of traditional and systemic approaches are systematized, their positive aspects and shortcomings are determined. It is substantiated that in the conditions of economic transformations and introduction of the reform of decentralization of power it is expedient to use the synergistic approach in the research of the mechanism of the state support of the small business. It is emphasized that the very synergistic approach is able to study the process of functioning of the mechanism of state support for small business on the basis of evolutionary development and self-organization of complex systems. We propose to consider the mechanism of state support in the conditions of decentralization as a process of self-organization of small business entities and public authorities, which is carried out through their interaction with the meso- and macroenvironment. Conceptual bases of the use of the synergistic approach in the research of the mechanism of the state support for the development of entrepreneurship and its economic levers are developed. It is substantiated that the application of a synergistic approach in the process of formation and application of the mechanism of state support of small business will allow to take into account interdependence of economic processes and phenomena, to investigate the interaction of local authorities and small businesses under decentralization. The use of a synergistic approach as a research method also makes it possible to take into account the dynamics of the state support mechanism. The synergistic methodology in the study of the mechanism of state support for small business allows to take into account the existence of connections and interactions between the components of the mechanism, as well as the integrity and ability to change. Based on a synergistic approach, it becomes possible to ensure the development of small businesses by preventing threats. The next advantage is the ability to take into account the alternative scenarios of small business development of a particular region or territory in a changing socio-economic environment. Consideration of the mechanism of state support as a self-organized system makes it possible to study the patterns of self-organization, which in the future should become the basis for calculating the synergistic effect of the mechanism.

Entrepreneurship, Self-Organization, and Eudaimonic Well-Being: A Dynamic Approach

As a self-organizing act, entrepreneurship is a significant feature of and force within modern life that is intimately related to individuals’ growth, development, and well-being. We present a dynamic perspective on entrepreneurship and eudaimonic well-being, anchored in philosophical and psychological views on the essence of well-being as well as the essence of entrepreneurship as a value-driven form of agency. Drawing on the action-phase model, which we adapt to the venture creation phases of deliberation, planning, implementation, and reflection, key propositions are developed regarding how, and under what conditions, core aspects of psychological well-being come into play along the enterprising process.

ՁԵՌՆԱՐԿԱՏԻՐՈՒԹՅԱՆ ԻՆՍՏԻՏՈՒՏ. ԿԱՐԵՎՈՐՈՒԹՅՈՒՆԸ ԵՎ ՄԻՏՈՒՄՆԵՐԸ/ENTREPRENEURSHIP: IMPORTANCE AND TRENDS/ПРЕДПРИНИМАТЕЛЬСТВО: ВАЖНОСТЬ И ТЕНДЕНЦИИ

Entrepreneurship is the engine that drives the economy, which plays a vital role in economic development, as well as drives significant changes in market economy. However, a number of issues in the field still need to be identified and resolved. In the framework of this research, first, the essence of entrepreneurship has been studied and analyzed. As a result of the literature review, a concept of a complete definition of entrepreneurship has been developed, which can serve as a methodology for further scientific research and statistical analysis. In addition, the literature on the relationship between entrepreneurship and economic growth, as well as business trends in the world has been reviewed. The latter can become a new perspective for further research in the field of entrepreneurship in Armenia.

CHINESE ENTREPRENEURIAL CAPABILITIES AND PRACTICES: CASE OF MALAYSIAN SME

Extant literature suggests that the influence of entrepreneurial capabilities and practices on business performance is inconclusive especially with the use of questionnaire surveys where the complexity of the contexts of study is overlooked. This study examines how Chinese SMEs’ entrepreneurial capabilities and practices are continuously developed in response to changing contextual circumstances in Malaysia. This study appraises the inextricable connection between the historical development of Malaysia and Chinese entrepreneurial capabilities and practices. An interpretive case study was conducted where interviews with the founder cum owner-manager, project managers, administrative and operational personnel shed light on how the case firm overcomes various challenges and captures opportunities in the process of developing entrepreneurial capabilities and practices for more than four decades. Chinese SMEs demonstrate a staunch desire for self-sufficiency and progress in the face of adversity. The case firm demonstrates constant upgrade in efficiency, effectiveness, and contributions to the value chain, which reflects the very essence of entrepreneurship, i.e. from rags to riches. The results of this study serve as a guide for aspiring entrepreneurs. As for policymakers, this study sheds light on the importance of initiatives aimed at character-building to promote life-long learning among SMEs rather than financial assistance, which does little to encourage the quest for self-sufficiency.

Problems and Prospects of Enterprise Development in Russia

The presented study addresses the theoretical issues of the evolution of scientific research of entrepreneurship in the Russian Federation. Aim . The study aims to examine the problems and prospects of domestic enterprise development. Tasks . The author analyzes and summarizes existing theoretical approaches to defining the economic essence of entrepreneurship; identifies major stages in the development of the legal framework of entrepreneurship in Russia; summarizes Russian experience of enterprise development. Methods . This study uses comparison, historical and logical methods, analysis and synthesis. Results . The major problems of improving legislative regulation of entrepreneurial relations and its prospects are determined. Conclusions . Possible ways to overcome the existing problems of entrepreneurship in the near future are identified.

Formation of entrepreneurship and new type of economic thinking in the context of progressive globalization

The subject of research is the process of forming a new type of economic thinking and entrepreneurship in the context of progressive globalization. The purpose of the article is to clarify the essence of economic thinking and entrepreneurship, and to justify promising directions for the formation of a new type of economic thinking and entrepreneurship in the context of progressive globalization. Research objectives: to consider the essence of entrepreneurship, justify entrepreneurship as a key competence in the context of globalization, identify the competence of entrepreneurship and the direction of their formation; reveal the need and specifics of formation a new type of economic thinking; to substantiate promising directions for the development of economic education in the context of entrepreneurship competences formation and the development of a new type of economic thinking in the progressive globalization context. Research methods. In the process of scientific research, we used the following general and specific scientific methods: methods of logical generalization and comparison, scientific abstraction, methods of synthesis, logical generalization and analogies. The methodological basis of the study was the scientific works of domestic and foreign scientists and leading experts, analytical materials of the Joint Research Center of the European Commission. Results of the work. The article defines the essence of entrepreneurship and rightly entrepreneurship as a key competence in the context of progressive globalization. Analyzed entrepreneurship competence and their formation direction. Revealed necessity and specificity of formation new type of economic thinking. Reasonably promising directions for development of economic education in the context of entrepreneurship competences formation and development new type of economic thinking in progressive globalization context. Practical implications. Results of the study can be used by educational institutions to consider the possibilities of modernizing education system and forming a new type of Ukrainian economic thinking and entrepreneurship in educational reforms context. Conclusions. The study made it possible to conclude that entrepreneurship is the key competence that must be developed throughout life in the process of lifelong learning. At the same time, economic education and upbringing, as a systematic process of forming among all members of society, entrepreneurship and certain moral qualities, economic thinking, optimal level of economic literacy, has an important role to play in activating the human factor, in implementing the concept of accelerating socio-economic development. Modern level of productive forces development and production relations requires the formation new type of economic thinking, aimed at initiative and entrepreneurship, at increasing responsibility, creative search for ways leading to a better final result at the lowest cost. Characteristic features of modern economic thinking are efficiency, careful attitude to the use of material, labor and financial resources. It is economic thinking that can be defined as a system of views on social life, the essence and laws of economic phenomena, on the goals, forms and methods of managing and managing production. We believe new type of successful, enterprising and productive personality of progressive era globalization is characterized by following indicators: high professionalism, active life position, developed economic thinking; formed the optimal structure of individual needs; ability to develop and improve interpersonal relationships; openness, tolerance and international cooperation.

Entrepreneurship Education in Schools: The Role of Teachers through Problem Based Learning Learning Models.

Entrepreneurship is a creative and innovative ability that is used as a basis, tips, and resources to look for opportunities for success. The essence of entrepreneurship is the ability to create something new and different through creative thinking and innovative action to create opportunities in facing life's challenges. This paper attempts to conduct a case study related to the use of Problem Based Learning learning methods by teachers in entrepreneurship courses to find out entrepreneurial education in schools. Design/methodology/ approach - Using case study methods and literature, the performance of a number of students in entrepreneurial subjects (designed using PBL) monitored and documented. Findings - This study found that the learning method of problem-based learning by teachers was able to improve the ability of student entrepreneurs. And found that the Problem-based learning method supports an increase in the ability of students. Research limitations/implications - Further research is needed to better see the effectiveness of entrepreneurship education through project-based learning methods. Originality/value - Learning practices may not directly have a significant effect on students' entrepreneurial abilities. But this practice can give students awareness and understanding of the problems that occur in the real world related to business.

An economic model of strategic entrepreneurship

AbstractResearch SummaryHow do new entrants create and capture value in established industries? Starting from the foundations of neoclassical economics, we model entrepreneurial entry and competition as occurring simultaneously in production technology space and product attribute space. Our model's central feature is to disaggregate entrepreneurial rents into four components: arbitrage, innovation, organization, and uncertainty‐bearing. This permits us to model the nature of value creation from a common analytical platform, and to measure value capture as a set of distinct rent streams available to multiple stakeholders over time.Managerial SummaryAlthough there is broad consensus that the essence of entrepreneurship is the creation and capture of new value, both scholars and practitioners have struggled to connect this basic exhortation to the entrepreneurial process. This paper argues that returns to entrepreneurial action can be generated through four main mechanisms: innovation, uncertainty‐bearing, new business models, or inter‐industry arbitrage—either uniquely, or in combination. Examining these mechanisms for value creation together reveals implications for how best to organize and manage the entrepreneurial process so that that returns to entrepreneurial action can be appropriated equitably.

The impact of democracy on social entrepreneurship

This article presents a causative approach to the field of connection between social entrepreneurship and democracy. The background of social entrepreneurship appearance and improving of democratic norms in the developed countries are shown. The impact of democracy on social entrepreneurship is described by paying attention on the following issues: (1) Analyzes of different scientists views on the essence of entrepreneurship and entrepreneur. (2) The role of democracy development for forming creative society with free people and freethinking. (3) Situation in the Ukrainian society in the sphere of social entrepreneurship promoting and further strengthen of democratic norms. Introduction of the paper briefly displays the importance of social entrepreneurship increase for society enhancements and growing democratic initiatives. Part I discusses the democratic development and social entrepreneurs activities as main factors for future prosperity of the country. In Part II, the attention is concentrated on social entrepreneurship promoting in Ukraine and its impact for further society development as real example with its peculiarities due to the political and economic situation in the state.