Entrepreneurial Innovation Research Articles

The role of three education centers in promoting entrepreneurship careers for vocational students

The potential for vocational students to achieve success in entrepreneurship is considerable, especially since they have acquired specific skills that are in line with their area of specialization since the beginning of their vocational schooling. However, schools cannot be alone in promoting entrepreneurial careers among vocational students. This study aims to measure the role of three educational centers, in influencing self-efficacy, entrepreneurial intention and career choice as an entrepreneur. This study was approached with a quantitative approach using structural equation modeling (SEM), the sample in the study was 354 vocational students. Data analysis through four stages, namely exploratory factor analysis, normality and outlier tests, confirmatory factor analysis and hypotheses testing (structural model). The results showed that the three education centers significantly influence selfefficacy and entrepreneurial intention which in turn can encourage students to choose a career as an entrepreneur. This research contributes to the understanding of how the three education centers can be an important catalyst in shaping a generation of resilient and innovative entrepreneurs.

Green path development: The agency of the City of Vaasa in establishing the battery industry

AbstractEmpirical studies on agency in green path development (GPD) have underexplored non‐firm actors' roles. Through a semi‐structured interview, this article provides insight into how the City of Vaasa exercises agency toward developing the battery industry and the concomitant effects. The findings reveal that the City of Vaasa provides place‐based leadership, for example, through a local‐based initiative, that is, the GigaVaasa, as a platform to increase participation and coordinate the actions of public and private actors. As an institutional entrepreneur, they govern the issuance of operating licenses to optimize their economic interest; as innovative entrepreneur, they strategically plan and coordinate infrastructure development to increase the region's attractiveness to external investors and talents. The City of Vaasa agency increases the chances for the region to participate in the global battery market and stimulate the region's economic development. Nonetheless, environmental sustainability concerns remain a profound unintended effect. Conceptually, the article introduces the agency cyclicality and synchronization model to enhance the understanding of the interplay and effect of agency in an emerging green industry's development trajectory.

Sustainable Development and Its Role in E-commerce, Entrepreneurship, and Business Management

Sustainable development is playing an increasingly more important role in worldwide financial sectors, such as e-trade and entrepreneurship. As groups strive to combine sustainability into their practices, the intersection of sustainable development with digital trade and entrepreneurial ventures becomes important for long-term fulfillment. This article explores how sustainable improvement influences e-trade, fosters innovation in entrepreneurship, and contributes to financial boom. It additionally delves into the challenges and possibilities organizations face as they incorporate sustainability into their operations, focusing on the function of entrepreneurial leadership in selling sustainable practices.

Characteristics of Educational Institution Administrators in the 21st Century under the Jurisdiction of the Chonburi Primary Educational Service Office Area 3

Background and Aims: In the 21st century, rapid technological advancements and innovations have significantly impacted educational institutions, compelling them to adapt and transform to remain relevant. Educational leaders must embrace organizational reforms and personal development to successfully navigate these changes and achieve their objectives. This research aims to: 1) assess the characteristics of educational administrators in the 21st century under the Sakon Nakhon Secondary Educational Service Area Office, 2) compare these characteristics based on position, educational level, and institution size, and 3) propose development guidelines for enhancing the leadership qualities of these administrators within the same context. Methodology: The sample group for this research comprised 331 school administrators and teachers, with the sample size determined using Krejci and Morgan's table and randomly assigned to groups. The research instrument was a questionnaire based on a 5-level rating scale, with a consistency index ranging from 0.80 to 1.00 and an overall reliability score of 0.89. Statistical methods employed for data analysis included frequency, percentage, mean, standard deviation, and both T-value and F-value tests to assess the data. Results: The research findings revealed that: (1) The overall characteristics of educational institution administrators in the 21st century under the Sakon Nakhon Secondary Educational Service Area Office, as well as each specific aspect, were rated at a high level. (2) When comparing opinions on the characteristics of these administrators by position, educational level, and institution size, significant differences were found across all aspects at the .05 statistical level. (3) Guidelines for enhancing the characteristics of 21st-century school administrators under this office included 10 key areas: 1) honesty and integrity, 2) trustworthiness and empowerment, 3) communication, collaboration, and connectivity, 4) positive energy, 5) confidence, 6) determination and perseverance, 7) willingness to learn, unlearn, and relearn, 8) creative and innovative entrepreneurship, 9) reliance on intuition, and 10) the ability to inspire through intelligence.

Nations’ share of innovative entrepreneurs: financial systems to the rescue in difficult institutional settings

With much of the literature declaring little role for financial systems in boosting a nation's share of innovative entrepreneurs, this study argues that financial systems play an important role when other parts of the national business systems —skills and government— are weak. This argument is supported by an analysis of a panel data set comprising 283 country-year data over five years. Overall, this research contributes to a stream of research about the context for entrepreneurial aspirations or entrepreneurship quality. The study empirically confirms an idea seldom tested: the interplay required between systems components, such as institutions, to increase national innovative capacity.

The Influence Of Culture, Education, And Entrepreneurial Innovation On Entrepreneurial Intention With Entrepreneurial Mindset As Intervening Variable On Management And Business Administration Students Class Of 2020

The study aims to examining the connections among entrepreneurial culture, education, innovation on entrepreneurial intention with entrepreneurial mindset as intervening variable. Questionnaire data are distributed to 102 students from business management and business administration class of 2020 Telkom University who enrolled in small startup business development course for business management and entrepreneurship for business admnistration students, which was taken using snowball sampling methods with a helps from SmartPLS 3. The findings reveal that the the entrepreneurial culture significantly impacts entrepreneurial intention, mindset, and education, while entrepreneurial education has positive influence to entrepreneurial mindset and innovation. Furthermore, entrepreneurial innovation influenced both entrepreneurial mindset and intention. The study also confirmed the direct effects of entrepreneurial mindset to entrepreneurial intention as the final hypothesis.

Entrepreneurial innovation: The sustainable ventures of Human Development Credit beneficiaries

This research article is developed in the socioeconomic context of the province of Chimborazo where the beneficiaries of the Associative Human Development Credit (HDC) present entrepreneurial intentions. The methodology used presents a quantitative research design of an explanatory type, with a causal and cross-sectional approach since it aims to measure the degree of a causal relationship between the indicators that influence the construction of entrepreneurial behavior and the entrepreneurial intention that arises in people who receive the HDC in the province of Chimborazo; a questionnaire was applied to a sample of 260 beneficiaries and subsequently, a structural equation model was implemented with the theory of planned action (TPA). The findings support each hypothesis, demonstrating their relevance and validity in the context of the study. Personal attitude emerges as a determining factor, with a considerably high t-statistic (4.563) and a p-value of 0.000, indicating a robust and significant relationship with entrepreneurial intention. Perceived control also shows a significant influence on entrepreneurial intention with a t-statistic of 2.157 and a p-value of 0.015. In contrast, social norms do not seem to have a significant impact, as indicated by the low t-statistic (0.401) and a p-value of 0.641. This result points to the fact that beliefs about social approval are not determinant in the decision to undertake in this specific context of sustainable ventures. It is concluded that the TPA structural equation model is suitable for predicting the factors influencing entrepreneurial intention.

Transforming Small-Scale Farm Entrepreneurship Through Innovation: the Case of Cross Link

The study focuses on the critical role of innovation, education, and technology in fostering agricultural entrepreneurship among youth, particularly in Sub-Saharan Africa. The research highlights the challenges and opportunities encountered in the intersection of traditional agricultural practices and modern technology. The purpose of the research is to bridge the gap in literature regarding young agricultural entrepreneurs in Ghana, providing a detailed case study that could serve as motivation for other aspiring small-scale farmers. The paper investigates the factors that contributed to the success of Cross Link Farms, including the educational background, networking, and mentorship received by the entrepreneur, as well as the practical application of innovative technologies such as smart incubators and hydroponic systems. This case-paper demonstrates the importance of entrepreneurial education that instilled a passion in a student to become the co-founder of a farm entrepreneurship startup. The paper applied a case study approach; data were collected through the usage of interview. The interview was recorded and transcribed. The data were analyzed interpretively. The main conclusions emphasize that innovation and technology, when coupled with a strong educational foundation and support system, are vital in transforming agriculture in Ghana and similar regions. Cross Link Farms serves as a model for how young entrepreneurs can leverage these elements to drive change, enhance food security, and contribute to rural development. The findings suggest that targeted policies and programs that foster entrepreneurial innovation in agriculture are essential for sustainable development in Sub-Saharan Africa. Based on the case-study findings, recommendations for future research include conducting empirical studies involving entrepreneurs in sub-Saharan countries to assess the role of curiosity, resilience and passion in their entrepreneurship journey.

Institutional Framework and Innovative Entrepreneurship: An Analysis of their Impact on Business Development in Colombia

This research delved into the analysis of the role of institutional entrepreneurship within the Colombian business context, focusing on the process of divergent change promoted by entrepreneurs. Following the theory of institutional entrepreneurship, it examined how entrepreneurs operating in non-privileged positions within highly regulated industries challenge established conventions by developing new ventures. The study was underpinned by qualitative research of a descriptive nature, implementing a design based on a review of existing literature. The results of this analysis revealed that the integration of traditional entrepreneurial skills with supplementary and complementary competencies, oriented towards new institutional logics, can constitute an effective strategy for entrepreneurial development in Colombia. Consequently, it is concluded that institutional entrepreneurship exerts a significant influence on entrepreneurial change within Colombia. This finding provides valuable insights for future research and for the design of policies to promote innovation and entrepreneurial development in the country.

The relationship between corporate entrepreneurship and its competitiveness in China: The moderating effect of employee stock ownership plan

Using data from Chinese publicly listed companies spanning from 2010 to 2022, this study examines the relationship between corporate entrepreneurship, employee stock ownership plans (ESOPs), and corporate competitiveness. The findings show that the influence of corporate entrepreneurship on enterprise competitiveness is significantly “U-shaped”. As the degree of corporate entrepreneurship increases, it initially demonstrates a significant negative impact on enterprise competitiveness, followed by a significant positive impact. Mechanism testing reveals that the implementation of ESOPs can expedite the enhancement of corporate competitiveness. Further analysis suggests that compared to arbitrage entrepreneurship, innovative entrepreneurship can contribute to sustained enhancements in enterprise competitiveness. At the same level of corporate entrepreneurship, the increase in competitive capabilities of large companies surpasses that of Small and Medium-sized (S&M) companies. This paper provides empirical evidence and theoretical guidance for studying the economic implications of different types of corporate entrepreneurship.

Fostering organizational performance through innovation: the roles of environmental policy instruments, organizational learning supports, and intellectual capital

This study aimed to examine the key factors that influence entrepreneurial innovation and organizational performance, specifically focusing on the impact of environmental policy instruments, intellectual capital, and organizational learning. In the context of the resource-based view and institutional theory, the authors developed a comprehensive research model to establish hypotheses about the relationships between these factors. Utilizing a survey-based technique with random sampling, this study analyzes the complex relationships between variables by employing structural equation modeling. Data were obtained from 323 members of management teams from Vietnamese firms. The results emphasize the significant advantage of accruing intellectual capital and fostering organizational learning in response to the impact of environmental policy instruments on entrepreneurial innovation. Furthermore, integrating intellectual capital, entrepreneurial innovation, and organizational learning is shown to improve organizational performance. Entrepreneurial innovation plays a role in connecting organizational performance with intellectual capital and organizational learning. The study’s findings provide valuable insights for scholars and professionals, enhancing comprehension of complex interactions among various elements. Entrepreneurs can utilize these observations to develop inventive tactics that harness both internal and external resources to effectively promote innovation and improve business performance.

Entrepreneurial Innovation and Economic Development: Historical and Modern Perspectives

Entrepreneurship, a cornerstone of economic development and innovation, involves identifying and exploiting opportunities through new ventures. This paper delves into the evolution of entrepreneurship, its components, processes, and various forms, while also discussing strategies for entrepreneurial success. From historical perspectives provided by Cantillon, Say, and Schumpeter to modern concepts such as social and biosphere entrepreneurship, the paper offers a holistic view. It also highlights the importance of an enabling ecosystem comprising government support, educational institutions, and financial entities, emphasizing the need for effective risk management and strategic planning.

Methodology for Assessing Innovative Entrepreneurship

Methodology for Assessing Innovative Entrepreneurship

Criteria and tools for improving trust relations between dairy cluster stakeholders

The article shows the necessity and timeliness of building trusting relationships between stakeholders in projects to create a dairy cluster - an association of institutionally independent enterprises integrated into an inter-industry complex, in order to obtain a synergetic result from balanced cooperative relations between them. The cluster should take into account the interests of all its participants, so maintaining trust between them is necessary for the formation of the food chain in the dairy business, which in turn serves as a catalyst for the effective development of the dairy industry, increasing the volume of production and quality of dairy products. The aim is to study the influence of factors on the common interest, partnership between stakeholders in the project environment, as well as the development of methodological and practical recommendations for the application of tools of effective interaction between them, which contributes to the success of the project and the achievement of common goals. Methods - abstract-logical to identify problems and causes, online survey of respondents using Google-form, Cronbach's Alpha modeling methods are used to assess the reliability and internal consistency of questions in the model created in the Smart PLS program when analyzing complex relationships between latent variables (constructs) that cannot be measured directly. In the course of the study 76 respondents from all regions of Kazakhstan, which are potential stakeholders in the activities of the dairy subcomplex, were interviewed. Results - reliability and validity of the chosen conceptual model were established, the necessity of deepening the hypotheses put forward during the life cycle of the project on the functioning of the dairy cluster was proved. Conclusions - innovative entrepreneurship cannot be successful without managing the process of forming an atmosphere of trusting relations along the entire chain of the production process - from investors to consumers.

Integrating philosophy and psychology to enhance creativity and innovation in entrepreneurship: the W.O.M.B. model

Integrating philosophy and psychology to enhance creativity and innovation in entrepreneurship: the W.O.M.B. model

Traditional and digital entrepreneurial ecosystems: a framework of differences and similarities

Entrepreneurial ecosystems in various geographical areas of the world are often compared in the context of entrepreneurship research. There are far fewer comparative studies on different types of ecosystems. In this study, a traditional entrepreneurial ecosystem based in Canada is compared with a digital entrepreneurial ecosystem specializing in life sciences, in Switzerland, bridging the gap between both and yielding previously unknown insights. The aim is twofold: to decipher both the differences and the similarities between the two models and to describe the predominant type of entrepreneurship in each case. The method consisted of a quantitative study of socio-economic data in combination with the administration of a qualitative analysis of interviews with—industry, government, and university—experts with links to one or the other ecosystem. The main findings showed that the traditional ecosystem had varied entrepreneurial support, public financial support, and collaborative networks between SMEs and start-ups, whereas in the specialized digital ecosystem, business support tended to be sector-specific with private financial support and networks emerging between multinationals and start-ups. Our study contributes to entrepreneurship research by showing that high-tech industries such as biotechnology and medical technology manage to go beyond a purely digital approach in digital ecosystems. The generic nature of the high-tech industries within the traditional ecosystem was the main driver of traditional entrepreneurship, while the sector-specific approaches of the industries within the specialized digital ecosystems were shown to drive innovative entrepreneurship.

THE CATALYST OF PROGRESS: THE IMPORTANCE OF INNOVATION IN ENTREPRENEURSHIP

In the dynamic landscape of entrepreneurship, innovation stands as the cornerstone of progress and prosperity. From disruptive startups to established enterprises, the ability to innovate fuels growth, drives competitiveness, and shapes the future of industries. In this article, we delve into the pivotal role of innovation in entrepreneurship and explore its multifaceted importance. Keywords: entrepreneurship, economic growth, Stimulating Investment, Increased Productivity.

Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry

This paper aims to inform policy and research in the domain of tourism and hospitality on the role of innovation and entrepreneurship. The paper applies the review research methodology to collate, comprehend, and synthesise 139 papers selected through a standard procedure. Our findings show that innovation drives growth and value in new tourism and hospitality firms. The study examines external factors, particularly government policies, influencing industry stakeholders’ entrepreneurial orientation and the macroeconomic environment affecting entrepreneurial activities. It also highlights the importance of social entrepreneurship in industry innovation and sustainability. This article emphasises the importance of innovation and entrepreneurship in tourism and hospitality growth, value creation, and social and environmental issues.

Exploring the Landscape of Digital Entrepreneurship among Disabled People: A Bibliometric Analysis

This study delves into the landscape of digital entrepreneurship among people with disabilities through a bibliometric and cartographic analysis. Four key research questions guide the investigation: 1) What pattern have publications about digital entrepreneurship of people with disability shown throughout the years?, (2) Which writers and nations have made the most significant contributions to the literature on digital entrepreneurship of people with disability?, (3) Which journals publish the most articles about the digital entrepreneurship of people with disabilities?, and (4) What are the most popular keywords found in digital entrepreneurship of people with disability documents. The research unveils trends, prominent contributors, leading publication outlets, and prevalent themes in digital entrepreneurship among individuals with disabilities. Furthermore, employing cartographic analyses with VOSviewer, the study maps out the interconnectedness and collaboration networks among authors, nations, and keywords, offering insights into the global research landscape in this critical area. By shedding light on the existing body of literature and research dynamics, this study contributes to a deeper understanding of digital entrepreneurship within the disability context. It informs future research directions and policy initiatives to foster inclusivity and innovation in entrepreneurship

Rural Government Cooperation Intensity and Leadership in Fostering the Innovation Capabilities of Rural Microbusinesses

Introduction: The growth of rural entrepreneurship significantly impacts economic growth and the well-being of rural communities. Background Problem: Innovation is crucial for entrepreneurs' success, with rural government playing a pivotal role in rural societies. Novelty: This study overviews the role of rural government in fostering entrepreneurial innovation, focusing on inter-organizational collaboration and the village head's leadership style. Research Method: Employing a quantitative survey methodology, the study undertook direct surveys of 300 rural micro- and small-scale entrepreneurs from diverse industries in Indonesia. A simple random sampling technique was used to ensure a representative sample of the population. Data were analyzed using Structural Equation Modeling—Partial Least Squares. Findings: The analysis reveals that rural government cooperation and transformative leadership positively influence entrepreneurs' perceptions of organiza­tional support. In turn, perceived organizational support significantly impacts the desire for knowledge sharing and innovation capability enhancement. This study diverges from previous research by examining the mediating roles of knowledge sharing and perceived organizational support in innovation capability enhancement. It confirms that perceived organizational support is a vital mediator in the relationship between government cooperation intensity, transformational leadership, and innovation capability. Conclusions: The findings underscore the need for rural governments to practice effective cooperation and leadership and provide consistent support. Such strategies facilitate a supportive environ­ment that fosters knowledge sharing and significantly boosts rural entrepreneurs' innovation capabilities.