Entrepreneurial Innovation Research Articles

FORMATION OF INDICATORS FOR MANAGING THE INNOVATIVE DEVELOPMENT OF AGRICULTURAL ENTERPRISES IN RURAL AREAS

INTRODUCTION AND PURPOSE OF THE STUDY. The purpose of the study is to determine the process of forming indicators for the management of innovative development of agricultural enterprises in rural areas in the current conditions and the European integration vector of the state, taking into account the goals of sustainable development. RESEARCH METHODS. During the study, the following scientific economic methods were used: the grouping and classification method, index-indicator method, structural-logical analysis method, graphic method, etc. PRESENTATION OF THE MAIN MATERIAL. The need to transition to innovative development of agricultural enterprises in rural areas was analyzed and substantiated in order to balance and stabilize the latter. Criteria for innovative development of rural areas were developed: institutional (study of the state of regulatory and legal support for the application of innovations, innovative approaches, creation of innovative prerequisites and an appropriate environment in the agricultural sector of the country, etc.); index-indicator (comprehensive assessment of the development of the country's innovative potential, which includes sustainable development by studying specific indicators (indexes and indicators) of the implementation of innovations); innovative entrepreneurship; innovative infrastructure; innovative culture. RESULTS. The index-indicator criterion is deepened by proposing separate and substantiated groups of indicators of innovative development of rural areas based on the Oslo Guidelines (by measuring scientific, technological and innovative activity in business): indicators of innovative potential of rural areas; indicators of knowledge flow management; indicators of assessment of the external environment of agricultural enterprises. KEYWORDS: agricultural enterprises; European integration; innovative development; innovative activity; sustainability; sustainable development; rural areas; development.

Speed of pro-market reforms and entrepreneurial innovation

Speed of pro-market reforms and entrepreneurial innovation

About the Essence, Genesis and Classification of Entrepreneurship

The work describes the essence and genesis of entrepreneurship; It is highlighted that entrepreneurship, as an object of research, was not always given a prominent place in the history of economic thought. The first to use the term "entrepreneur" and explain its importance in the development of the economy was the French scholar Richard Cantillon; It is shown that the foundation of the modern understanding of entrepreneurship was laid by the Austrian Joseph Schumpeter, who recognized the creative entrepreneur as a revolutionary of the economy, i.e. the basis of development. Based on existing studies, entrepreneur and businessman are distinguished from each other because the entrepreneur tends to experiment, innovate and create new things. A businessman is focused on effective business management issues. An entrepreneur, as opposed to a businessman, is someone who owns and manages his own business; Entrepreneurship is divided according to the level of innovation and degree of risk: "business", "traditional entrepreneurship" and "innovative entrepreneurship. Such a separation is made only at the theoretical level, because it is impossible to do it in practice even due to the lack of statistical accounting data; It is justified that business and entrepreneurship have different goals and objectives, ways of achieving the goal, role of owners and attitude to mistakes; The difference between an entrepreneur and an inventor (rational analyst), an entrepreneur and a manager is established point by point; It is noted that a maximum of ten percent of the economically active population is gifted with entrepreneurial ability (talent), and professional managers are much more; It is emphasized that the content of the entrepreneur's work is very similar to the people of such creative professions as: scientist, writer and director. Keywords: entrepreneur, businessman, manager, business, traditional entrepreneurship, innovative entrepreneurship, inventor.

Economic impact of innovative entrepreneurship education: Dynamic modelling methods

AbstractThis paper aims to explore the economic impact of innovative entrepreneurship education and proposes a dynamic modelling method to quantify this impact. The paper establishes a theoretical analysis framework, starting from the effects of innovative entrepreneurship education on the regional economy, and establishes a corresponding dynamic economic model. This model comprises processes such as variable definition, relationship establishment, parameter setting and architecture construction. Different levels of education and forms of innovative entrepreneurship education were experimentally analysed from multiple perspectives. In the comparative experiment between innovative entrepreneurship education and traditional education, the entrepreneurial intention score of the innovative entrepreneurship education group was scattered in the range of 90–100, higher than the 60–80 score of the traditional education group. In the experimental survey on investment return rates of different forms of innovative entrepreneurship education, it was found that the investment return rate of education was the lowest, only 6.82%, and the return rate of entrepreneurship competition was the highest, reaching 9.19%. The experimental results have proven a positive correlation between innovative entrepreneurship education and economic growth. It is suggested that the government and enterprises should increase their investment in innovative entrepreneurship education to promote sustainable economic development.

Imagining alternative futures for the Dutch poultry industry

In their quest for sustainable transformation, agricultural industries need to move beyond product and service innovation as well as rivalry between actors toward reconfiguring production and consumption systems. In mature industries like agriculture, envisioning alternatives that require systemic innovation is challenging due to the dominance of existing systems. This study constructs future images, as design tools, to expand the opportunity space for sustainable transformation. Focusing on the Dutch poultry industry, we conducted futures interviews to identify and structure drivers of change and use these to construct future images by identifying values-based themes. We constructed and visualized six coherent future images depicting alternative contexts for this industry: ‘zero-emission policy agenda,’ ‘farmers as entrepreneurial innovators,’ ‘collaborative ecosystem,’ ‘retail as an orchestrator,’ ‘happy animals, healthy humans,’ and ‘living labs in the knowledge economy.’ We discuss how these futures expand the opportunity space for novel production and consumption systems, drawing on distinct sustainability conceptualizations and different actors.

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.

The Influence of Prior Experience on Innovativeness and Development Decisions of Serial Entrepreneurs

The Influence of Prior Experience on Innovativeness and Development Decisions of Serial Entrepreneurs

The High-Quality Development of the Construction Industry in the Context of the Digital Economy—Based on the Mediating Effect of Entrepreneurship

The digital economy is an important engine in leading the high-quality development of the economy, and entrepreneurship is an endogenous force propelling economic growth. These factors are essential drivers for advancing the transformation and upgrading of the construction industry and improving efficiency. This study integrates entrepreneurship into the analytical framework of industrial development and explores the primary pathways and theoretical mechanisms of the digital economy for the high-quality development of the construction industry from the dimensions of entrepreneurial innovation spirit and entrepreneurial pioneering spirit. On this basis, we empirically test the role mechanism between the digital economy, entrepreneurship, and the high-quality development of the construction industry. The results of this study indicate that (1) the digital economy significantly promotes the high-quality development of the construction industry through an improvement in technical efficiency; (2) the innovation and entrepreneurship of entrepreneurs are important mechanisms for the digital economy to promote the high-quality development of the construction industry, and at this stage, entrepreneurial spirit promotes more than the spirit of innovation; and (3) the development of the digital economy plays a greater role in enhancing low-productivity regions and the central and eastern regions, and the inclusive characteristics of the digital economy are beginning to emerge.

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.

Winter is Coming: A Tale of Two Futures – Entrepreneurial State or Creative Destruction?

This paper aims to explore the fundamental principles of sound monetary policy, fiscal prudence, and entrepreneurial innovation, which have historically supported the economic prosperity of nations. It seeks to identify the factors leading to an impending financial crisis and proposes countermeasures based on market liberalization and individual entrepreneurial resilience. Using a critical analysis of prevailing economic conditions, this paper evaluates the unchecked expansion of the monetary supply, fiscal policies, and government interventions. The methodology includes a review of historical economic trends and the application of theoretical frameworks concerning monetary policy, fiscal responsibility, and market innovation. The research identifies that the unchecked expansion of the monetary supply has contributed to inflationary pressures, diminished savings incentives, and led to the misallocation of capital. In addition, fiscal looseness and increased government intervention have exacerbated these economic vulnerabilities, creating conditions ripe for an economic crisis of substantial magnitude, possibly surpassing previous crises such as the Great Recession and the COVID-19 pandemic. The paper concludes that this impending crisis is not an unforeseeable "black swan" event but rather one with clear warning signs that require immediate action. The findings advocate for a departure from interventionist policies and emphasize the importance of returning to foundational economic principles, including market liberalization and fostering individual creativity and entrepreneurial innovation. This paper serves as a timely call for policymakers to address these challenges before the full impact of the crisis is realized.

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.