Foster Entrepreneurship Research Articles

Females wanna-be entrepreneurs need empathic heroes

PurposeDespite the well-documented importance of empathy and mentoring in entrepreneurship, there is a need for a deeper understanding of how empathy influences individuals’ “willingness to be mentored”.Design/methodology/approachThis paper investigates gender differences in “Willingness to be mentored” based on the mentor’s types of empathy (cognitive vs affective) and entrepreneurship (social vs for-profit). Drawing on the personal identification and the entrepreneurship literature, we measured the respondents’ “Willingness to be mentored” by manipulating the type of empathy and entrepreneurship and comparing its effect between male and female respondents. Primary survey data were collected from master’s degree students in entrepreneurship from diverse business schools. An explanatory qualitative study on female start-uppers complemented the findings.FindingsThe results from the quantitative study show that female respondents prefer to be mentored by an entrepreneur who exhibits some affective empathy rather than only cognitive empathy, with a preference for a social entrepreneur. The qualitative study confirms the evidence. This research contributes to the discussion on developing social capabilities to succeed in new ventures. It extends our understanding of the importance of empathic entrepreneurs as mentors to foster entrepreneurship among women.Originality/valueTheoretically, we demonstrate the existence of a gender difference in “Willingness to be mentored” based on the type of empathy displayed by the entrepreneur. Additionally, we introduce a new construct in the entrepreneurship literature, “Willingness to be mentored”, and differentiate it from “Attitude toward entrepreneurship”.

Promoting Maritime Entrepreneurship and Innovation Through Applied Management Studies In Port, Shipping, and Logistics

This study investigates how applied management studies can foster entrepreneurship and innovation in maritime institutes, particularly in port, shipping, and logistics. By focusing on the qualitative experiences of five maritime professionals, five lecturers, and five graduates, this research explores how technical, promotional, marketing, and innovation strategies impact entrepreneurial development within the maritime industry. A qualitative research approach, supported by descriptive analysis, was employed to assess the effectiveness of applied management studies in promoting entrepreneurship among students. Results demonstrate a high level of efficiency and effectiveness, scoring 9/10 across various indicators. These findings offer insights into how maritime institutes can align their curriculum with industry needs, encouraging innovative and entrepreneurial thinking in future maritime professionals.

Ease of Doing Business and Entrepreneurial Growth in the Face of Global Economic Policy Uncertainty

This study investigates the impact of ease of doing business on entrepreneurial growth in Nigeria from 2010 to 2023, particularly in the context of global economic policy uncertainty. Using data from the Global Entrepreneurship Monitor and the World Development Indicator, the study applies an Autoregressive Distributed Lag (ARDL) model to analyze the relationship between ease of doing business factors, such as access to credit, contract enforcement, and regulation, and entrepreneurial activity. The findings show that while improvements in the business environment significantly foster entrepreneurship, economic uncertainty hampers its growth. The study recommends that Nigeria should enhance its business environment and create safety nets to mitigate the adverse effects of global economic uncertainties. These insights are valuable for policymakers aiming to promote entrepreneurship and economic resilience in developing countries.

Effects of Corruption, Government Effectiveness and Political stability on Economic Growth: Evidence from Morocco

This study examines the impact of Corruption, government effectiveness and political stability on economic growth in Morocco. We conduct an empirical analysis to quantify the impact of institutional quality on economic growth over the period 1996 – 2021 by employing Two Stage Least Squares (2SLS). The findings reveal that corruption has a significant negative influence on economic growth, highlighting the importance of anti-corruption measures. On the other hand, political stability emerges as a key driver of economic growth, emphasizing the need for stable political environments to attract investments and foster entrepreneurship. Additionally, the growth of the public spending negatively affects GDP per capita, stressing the significance of prudent fiscal policies and effective public sector management. This research emphasizes the critical role of institutions, political stability, and efficient governance in driving economic growth. Policymakers can leverage these insights to enhance these institutional quality indicators and foster sustainable and inclusive economic development.

Business Model Canvas (BMC) Training to Support the Strengthening of Student Entrepreneurship

The Indonesian government prioritizes policies aimed at fostering entrepreneurship across all segments of society. This initiative aims to promote the attainment of the sustainability development goals (SDGs), which have been introduced through various initiatives and are projected to be accomplished between 2015 and 2030. Entrepreneurship remains a less favored means of earning a living among certain Indonesians. Particularly among the youth, there is a prevalent belief that pursuing entrepreneurship is not their primary ambition or aim. The correlation between entrepreneurship and economic growth has been well-established. Consequently, studying entrepreneurship education becomes a compelling endeavor to foster entrepreneurship, particularly among aspiring entrepreneurs. The business model canvas (BMC), enables users to synchronize earnings with objectives, including environmental and social dimensions. The purpose of this training exercise was to establish the following objectives aree to enhance comprehension and effectively employ the Business Model Canvas (BMC) in the process of business planning, to enhance proficiency in creating BMC as a means of managing business plans and to promote the adoption of BMC as a solution to the business planning challenges faced by entrepreneurial students. The implementation of community service (PkM) aims to foster international collaboration between lecturers and students from UNJ and UMS. It is expected to enhance understanding, knowledge, and make a constructive impact on the business planning and development of BMC with the business community.

The Role of Micro Finance in Empowering Women

The paper aims to emphasize the importance of microfinance in empowering women. The research involves a descriptive design. Numerous developmental initiatives and schemes are put into action. There are microfinance programs that are focused on rural areas and women who are economically disadvantaged in society and aimed at those who are on the fringes of society. Microfinance is a potent tool that is efficient and impactful the empowerment of women. Women empowerment faces a significant amount of obstacles financial situation, lack of education, without skills, joblessness, limited availability of land, housing, and transportation electricity and choosing as a family. It is seen as one of the most successful ways to reduce poverty instruments. Microfinance services are seen as a way to start or a means to enable empowerment females. Members of MFIs play a larger role in saving and contributing. Generating income decision making within the household, and engaging in activities outside the household sector.Despite numerous poverty alleviation programs being initiated; only microfinance has proven effective. Programs are typically associated with impoverished and women from rural areas. Microfinance is considered as one of the most effective solutions for addressing financial needs. Promote self-employment, particularly among impoverished women in rural areas. It offers assistance to individuals those without any assets to use as security for the loans. Women who have the ability to access able to foster entrepreneurship among individuals who previously had limited access to traditional financial services empowered economically and socially by earning more money from small projects and overall well-being of individuals in developing countries community initiatives and support groups promoting the empowerment and self-value of women. Microfinance becomes catalyst for societal transformation and the empowerment of women.

Porównanie lokalnego wsparcia przedsiębiorczości: Spostrzeżenia oparte na polskich i łotewskich gminach

Municipalities play a particularly important role including the creation of appropriate living conditions and organising the proper functioning and development of the economy. This study examines how Polish and Latvian local governments foster entrepreneurship and the efficacy of financial and non-financial tools employed by local authorities in facilitating entrepreneurial endeavors. Analyzing data from 896 Polish municipalities and 119 Latvian units, the study identifies differences in support mechanisms and their impact on entrepreneurship dynamics. The results reveal differences in support mechanisms between the two countries and their correlation with the establishment of new enterprises. The findings offer insights for policymakers to tailor strategies conducive to local entrepreneurship.

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.

Unveiling Micro Entrepreneurs’ Insights on Mudra Scheme in Karnataka

In light of the Indian government’s increasing efforts to foster entrepreneurship among its youth through various financial supports and schemes, it is now an opportune moment to assess the efficacy of initiatives aimed at promoting entrepreneurship in the country. This study seeks to elucidate the perspectives of micro-entrepreneurs regarding the support provided by the Mudra Schemes for the advancement of Micro, Small, and Medium Enterprises (MSMEs).This Micro Units Development and Refinance Agency (MUDRA) scheme in Karnataka has proven to be vital force in supporting micro entrepreneurs, addressing their financial needs and fostering economic growth. This study, based on primary and secondary data, explores the perceptions of micro entrepreneur who have benefited from Mudra loans. The scheme’s components, Shishu, Kishore and Tarun – cater to various financial needs from initial business expenses to expansion and renovation. The analysis of micro entrepreneurs perspectives identify the sentiments towards the MUDRA scheme, and contribution to micro business growth, pubic awareness, processing time and willingness to recommend others. However challenges in availing MUDRA loans and certain aspects of the terms and conditions will be identified as areas for improvement.

Methodical Techniques for Fostering "Entrepreneurship and Financial Literacy" in Physical Education for Schoolchildren’s

The introduction of the competency-based approach in physical education marks a shift from traditional subject-based training to a focus on competency-based training. This approach aims to cultivate a dynamic integration of knowledge, skills, and attitudes through educational subjects or integrated courses. The primary objective is to design pedagogical situations, methodical approaches, and methods that foster the development of entrepreneurship and financial literacy among students during physical education lessons.
 This article presents the findings of a survey involving 341 physical education teachers from seven regions of Ukraine, exploring the feasibility of instilling the key competency of "Entrepreneurship and Financial Literacy" within the framework of physical education. The survey encompassed teachers of all qualification categories, including 227 men (66,2%) and 114 women (33,8%). Results revealed that 55,1% of respondents find it challenging to develop this key competence through physical education, with 8,6% considering it impossible. Only 31,1% of teachers feel equipped to foster entrepreneurship and financial literacy in students through physical education.
 However, the surveyed teachers faced difficulties in simulating pedagogical situations and methodical techniques for competence formation during physical education lessons. This identified challenge underscores the need for innovative pedagogical situations, methodical approaches, and techniques. These should be crafted through various modular components, empowering physical education teachers to effectively instill entrepreneurship and financial literacy in schoolchildren’s.
 The research identified crucial pathways for developing students' entrepreneurship, including creating pedagogical situations and employing methodical approaches focused on developing leadership qualities, fostering fair play, and instilling goal- setting and achievement. Emphasis was placed on overcoming challenges with dignity, honing leadership skills applicable both in sports and daily life. In terms of financial literacy, physical education teachers can encourage students to plan competitions, formulate estimates, organize charitable activities, utilize online fundraising platforms, and regularly assess financial costs associated with physical activity, contributing to a well-rounded education.

The Role of the MSME Sector; Its Implicit Growth and Contribution to Entrepreneurship and Employment Generation in Dimapur, Nagaland

MSMEs are important to the economy and have been shown to be particularly effective in eliminating poverty in the lowest-income regions as well as regional imbalances. This study’s primary goal is to evaluate the effectiveness and contribution of Micro, Small, and Medium-Sized Enterprises (MSMEs), which foster entrepreneurship and create jobs for a variety of people, thus boosting the economy’s growth on both a regional and national level. Through comprehensive analysis and empirical investigation, the study aims to uncover the implicit growth trajectories of the MSME sector and its significant contributions to entrepreneurial endeavours and the creation of sustainable employment avenues. By shedding light on these vital aspects, the research seeks to provide valuable insights for policymakers, stakeholders, and practitioners aimed at fostering economic development and fostering a conducive environment for MSME growth in the region. However, the total number of beneficiaries during the designated time frame is 443. The status of employment generation under the MSMEs is seen to be increasing at a rapid rate from 3301 in F.Y. 2020 -2021 to 14117 in F.Y. 2023 – 2024.

The impact of pilot free trade zones on entrepreneurship: Evidence from a quasi-natural experiment in China

Exploiting China's pilot free trade zones (FTZs) as an exogenous shock of institutional quality improvement, this study explores the impact of FTZs on urban entrepreneurship. We find that cities with FTZs are associated with higher entrepreneurship. The positive influence of FTZs is more pronounced in western and northern cities, and cities with high administrative levels. The entrepreneurship in service industries is promoted significantly by FTZs. In addition, FTZs foster entrepreneurship by promoting opening-up upgradation of foreign investment and foreign trade and financial development. We also identify the spatial spillover effects and find that entrepreneurship responses to pilot FTZs are significantly stimulated in adjacent cities without FTZs. Last, we show that Shanghai FTZ and Fujian FTZ, rather than Tianjin FTZ and Guangdong FTZ, play a non-negligible function in encouraging new firm creation. This study has important implications for FTZ's planning and spurring economic growth in developing countries.

Entrepreneurial Education as a Covariate Between Entrepreneur Orientation and Entrepreneurial Intention amongst Graduating Students of Private Universities in Abuja, FCT – Nigeria.

Entrepreneurship has become a key driver of economic growth, attracting increasing attention globally. In the African context, including Nigeria, entrepreneurial education is recognized as a crucial intervention to foster entrepreneurial intentions and promote economic progress. This study examines the covariate effect of entrepreneurial education on entrepreneurial intention among graduating students of private universities in Abuja, FCT – Nigeria. The research explores the relationship between independent variables (Need for Achievement, Passion for Business Creation, Risk Propensity, Competitive Aggressiveness, and Self-Efficacy) and combined dependent variables (Entrepreneur Orientation and Entrepreneurial Intention) while controlling for the covariate variable of entrepreneurial education. The findings indicate that the independent variables and entrepreneurial education do not significantly influence Entrepreneurial Orientation and Entrepreneurial Intention. Policymakers and educators should consider broader contextual factors to foster entrepreneurship among graduating students in the Nigerian context.

Does corruption affect the impact of financial development on entrepreneurship? Evidence from emerging economies

Purpose: This study examines the relationship between financial development, corruption, and entrepreneurship in a sample of 21 emerging economies from 2008 to 2020. Methodology: Utilizing the Generalized Method of Moments (GMM) econometric approach, we explore the interactive dynamics between these variables. Results: Our findings indicate that higher levels of corruption are associated with increased entrepreneurial activity in these economies. This can be attributed to the prevalence of corrupt practices, such as bribery, which serve as a means for entrepreneurs to overcome barriers and initiate businesses. Conversely, while financial development has a positive influence on entrepreneurship, its impact is not statistically significant. However, when considering a combined effect of financial development and corruption, a positive net impact is observed. This suggests that corruption can facilitate access to financial resources for entrepreneurs in these emerging economies. These findings support the notion of the “grease the wheels effect”. Conclusion: This study provides valuable insights into the complex interplay between financial accessibility, corruption, and entrepreneurship in emerging economies, informing policymakers and stakeholders on strategies to foster entrepreneurship and drive sustainable economic growth.

Rebirth from the ashes: Failure events and new venture creation in Norway

How do failure events affect subsequent new venture creation? The existing literature seems to point in two opposing directions. While the information perspective suggests that failure events undermine collective beliefs about market viability, the competition view implies that failures may foster entrepreneurship via easing competition in both factor and product markets. To address this question, we adopt an inductive approach and analyse registry data in Norway. Based on the firm-level microdata, we construct an industry-region-level marketspace to analyse the number of firm failures and new ventures in different markets. Results show that failures of existing firms generally lead to more venture creation in the same market, albeit being contingent on industry features. And such effect is mainly ‘pulled’ by product market vacuum, rather than ‘pushed’ by factor abundance. However, we also observe that ventures that are created following failure events are less likely to survive.

The capacity for technological innovation and level of entrepreneurship in the students of the National University of Cañete

Introduction: motivation is fundamental in this research that was carried out in the province of Cañete, Lima-Peru, with the purpose of finalizing the capacity for technological innovation that influences the level of entrepreneurship of the students of the Faculty of Business Sciences of the professional school of administration and accounting, knowing their skills and experiences when having or carrying out business ideas and the active participation of students in an incubator.Objective: this research seeks to analyze students in terms of their entrepreneurial skills and abilities in addition to identifying the role that teachers play in terms of encouraging and encouraging initiative behavior towards creativity and entrepreneurship.Method: this research work is quasi-experimental; it is to determine how the capacity for technological innovation influences the level of entrepreneurship of students at the National University of Cañete. Manage the type of control and compare with the experimental one. We worked with a population of 200 students, of which the questionnaire was applied to a sample of 80 students with 20 Likert-type items, handling 3 important dimensions with the independent variable.Results: there are 6 dimensions of which the high level of responses is managed (83,8 %), being effective, presenting a better result in the experimental than the control with (41,3 %). The limitations of the students focus on the level of entrepreneurship, the skills and attitudes of (88,8 %), entrepreneurial capacity of (87,5 %) and entrepreneurial experience of (81.3) in their levels of effectiveness.Conclusions: in conclusion, this research carried out in the province of Cañete, Lima-Peru, has shown that the capacity for technological innovation has a significant impact on the level of entrepreneurship of the students of the faculty of business sciences of the professional school of administration and accounting from the National University of Cañete. The findings highlight the importance of integrating technological innovation and entrepreneurship in higher education to prepare students for the business world and foster entrepreneurship in the next generation of professionals

Unearthing the Synergy of Entrepreneurial Skills, Smallholder Farming, and High-Value Agriculture: A Case Study from Punjab, Pakistan

Entrepreneurship is a key to the improvement in the quality of individuals, households, and communities viz a viz sustained economic growth of the country. Smallholder farmers’ entrepreneurship is the response to new opportunities to gain economic gains rather than subsistence agriculture. For example, to grow High-Value Agricultural (HVA) crops rather than conventional crops. The present study aims to assess the entrepreneurial characteristics of smallholders in the Punjab Province of Pakistan. For this purpose, cross-sectional data of 450 farmers were collected through a well-designed questionnaire. Data were analyzed by using simple statistics and inferential statistics. The probit model results show a positive significant impact of education, prior experience, risk aversion, knowledge and skills about crops, and self-actualization on the opportunity exploitation by the entrepreneurial HVA farmers. The finding of the factor analysis shows three important groups labeled as marketing, policy, and institutional support in the cultivation of HVA crops. Moreover, the outcomes of the multiple regression analysis reveal that emphasizing technological opportunities provides a novel viewpoint for entrepreneurial HVA farmers. Even in the absence of modern technological innovations, these farmers can still identify and capitalize on technological opportunities. Therefore, to foster entrepreneurship in HVA farming, it is suggested that the accessibility of improved seed varieties of HVA crops and access to market intelligence should be made more favorable for entrepreneurs.

Economic Mechanisms of Entrepreneurship Development and Foreign Experiences for Developing Countries

This study examines the economic mechanisms that foster entrepreneurship development, focusing on lessons from developed countries and their relevance to developing nations. Key factors such as government policies, financial support, educational initiatives, and cultural attitudes are analyzed. The research identifies challenges in developing countries, including limited capital access and bureaucratic barriers. Based on these insights, concise recommendations are proposed to enhance entrepreneurship in developing countries, emphasizing policy reforms, financial accessibility, and educational improvements. The study underscores the need for a multifaceted approach to stimulate economic growth and development through entrepreneurship.

Entrepreneurial Inclination: Reviewing Literature for Entrepreneurship among Tribal Women

Purpose- As stated earlier, the goal of this research is to give a complete overview of the existing literature on entrepreneurial inclination. The paper examines and reviews the different definitions and terminologies used by previous scholars towards defining entrepreneurial inclination which includes definition of entrepreneur, women entrepreneur, entrepreneurship, entrepreneurial intention, entrepreneurial inclination, entrepreneurship education, entrepreneurial culture and their views. The review found that the term ‘entrepreneurial inclination’ is of psychological phenomenon which influences by many other factors for a woman in deciding entrepreneurial behaviour. The study identified and addressed the causes of inadequate supply of entrepreneurship among tribal women. The study provide suggestions putting forward the policy measures for inclusive entrepreneurship.
 Methodology- Uses a desk-based approach.
 Findings- If one wants to understand the motivations of an entrepreneur, one must first grasp the individual's psychological characteristics. Based on what we've learned from the study, we can begin a discussion about how we can help indigenous women develop their entrepreneurial skills and abilities so that they may pursue their dreams of starting up a business.
 Research Limitations/Implications- The research is summarised in this paper. The lack of information on one's aptitude for entrepreneurship lays the groundwork for more study. 
 Originality- Tribal women's entrepreneurial inclination is summarised in this article, and the likely policy measures needed to understand and foster entrepreneurship among tribal people are addressed.
 Paper Type- Literature Review.

Gestão empresarial, trabalho e um mercado urbano em disputa

Abstract This article retraces the conflicts that emerged during the Parliamentary Inquiry Committee (PIC) of Feira da Madrugada to discuss the expansion of the entrepreneurial management of popular trade areas, as well as changes in workers' experiences. Considering the PIC event as an arena in which the management of this commercial area was viewed as a "public problem", it is argued that the center of the conflict was marked by tensions between two distinct perspectives on popular markets and legitimate uses of urban space: a perspective that recognizes a "social function" in these activities, and a market rationale that identifies urban popular trade areas as favorable for investment and to foster entrepreneurship.