Knowledge-based Entrepreneurship Research Articles

Perceived university entrepreneurship support services and entrepreneurial intentions: experiences from the University of Dodoma’s graduates

Entrepreneurship plays a pivotal role in economic growth for developing countries, including Tanzania. Unfortunately, the number of entrepreneurs in Tanzania is still lagging behind other East African countries. The emergence of knowledge-based entrepreneurship programs makes universities one of the vital supply sources for creating entrepreneurs. Even though it has institutional support from the government, entrepreneurship is still not considered a promising alternative career choice. Thus, we investigated the influence of perceived university support services on building entrepreneurial intention from the perspective of the University of Dodoma’s graduates. In this cross-sectional research study, a sample size of 120 is drawn from the business graduates of the University of Dodoma who have received entrepreneurship support services using two-stage random sampling, of which females were 37.5% and males were 62.5%. The data were analysed using multiple regressions. The study found that most of the respondents do not intend to own businesses. The study further found that perceived entrepreneurship education and business development support services have a positive and significant influence on the odds of graduates becoming entrepreneurs. However, concept development support has a positive but insignificant influence on graduates’ entrepreneurial intentions. Thus, we draw a number of recommendations for the theory, future research, and practice of university entrepreneurship support services.

Business model development for installation of rubber floor mats to support productivity in dairy farming

Purpose. Ribbed smoked sheet (RSS) rubber gradually loses its quality as it is stored after production. Rubber floor mats are recommended as a marketable upstream production in the Thailand rubber industry to help add economic value to low-graded RSS. However, limited attention in research has been paid to business development, particularly on practical models focusing on the demand perspectives. This study helped fill the knowledge gap by analysing factors influencing labour production in dairy farming and proposing a business model based on productivity analysis. The aim of the project was to create a practical business model for cattle rubber floor mats made of low-graded RSS rubber used for nourishing and housing management to promote labour productivity in dairy farming. Methodology / approach. The study used mixed-methods research. A theoretical framework was developed concerning rubber floor mats used in dairy farming, which helped improve the nourishing and housing management of dairy cattle and promote labour productivity. This research adopted Osterwalder’s business model canvas to examine the demand and supply elements of dairy cattle floor mats made of low-graded rubber. It also used the knowledge-based entrepreneurship concept to scrutinise knowledge-based business development. A questionnaire survey was used to collect data required for multiple regression analysis of labour productivity using the Ordinary Least Square (OLS) method. It also used semi-structured interviews to scrutinise the subjective experiences of farmers. A focus group discussion was conducted to investigate academics and rubber promotional authorities concerning potential technology and the possibility of transfer of production technology to promote knowledge-based business development. Results. The empirical evidence presented in this paper confirmed that rubber floor mats could help enhance cattle nourishment, dairy housing management and labour productivity. Regional knowledge transfer network was revealed as a driver of knowledge-based development for assisting local upstream rubber farmers in pursuing eco-innovation in rubber production, aligning with the national initiatives of Industry 4.0 and Bio-Circular-Green economy (BCG) concepts. Originality / scientific novelty. The originality of this paper is that it presents the results of an empirical study using mixed methods for the first time aiming at clarifying practical elements of the supply and demand sides’ components of the Osterwalder`s Business Model Canvas for developing a business model delivered as a knowledge-based business model for the production of dairy cattle floor mats made of low-graded RSS rubber to help guide practical downstream rubber business development. The qualitative results, together with the quantitative analysis of labour productivity, are based on the perceptions of local farmers in Thailand regarding the use of rubber floor mats on the farm; previous studies scientifically prove its positive relation to an increase in dairy cattle nourishing, hence the daily productivity. Practical value / implications. The novel business model canvas could promote the practical cattle floor mats business development. University engagement and public support were included as the critical drivers in this knowledge-based business model. The model implementation could help encourage rubber farmers and smallholders in upstream rubber production to move towards downstream business development and become knowledge-based entrepreneurs in value-added rubber floor mats production. It could also guide the agricultural policymakers to benchmark and evaluate their policy targeting innovative knowledge-based business development for rubber extension.

An Investigation on Knowledge-Based Entrepreneurship in Higher Education

Purpose: This section provides an overview of the article's main objective and scope. It introduces the concept of knowledge-based entrepreneurship in higher education institutions and sets the stage for the research's exploration of its various aspects, including drivers, challenges, and transformative impacts.
 
 Theoretical Framework: This section discusses the theoretical underpinnings and concepts that guide the research. It mentions how universities have evolved from traditional knowledge disseminators to hubs for entrepreneurial initiatives and outlines the theoretical foundation upon which the study is built.
 
 Methodology: This part briefly outlines the research methodology employed in the study. It mentions the systematic analysis of existing literature as the primary research approach and highlights the study's focus on knowledge transfer, collaborative relationships, and the role of Technology Transfer Offices (TTOs).
 
 Findings: This section summarizes the key findings of the research. It touches upon the pivotal role of universities in the knowledge economy, the mechanisms of knowledge transfer, and the significance of TTOs in facilitating knowledge-based entrepreneurship. It provides an overview of the transformative potential highlighted in the study.
 
 Research, Practical & Social Implications: This part discusses the broader implications of the research. It highlights how the findings impact academia, industry, and society at large. It mentions the need for collaborative efforts and how knowledge-based entrepreneurship can drive economic growth, technological advancement, and societal progress.
 
 Originality/Value: This section underscores the uniqueness and value of the research. It emphasizes the contribution of the study to the understanding of knowledge-based entrepreneurship and its role in fostering collaboration between academia and industry. It also mentions the potential for innovation and resilience in the future.

Towards Sustainable Downstream Production: Upstream Innovation and Business Model Development for Low-Graded Ribbed Smoked Sheet Natural Rubber in Thailand

Objective: This study from Thailand examined business model development to help transform low-graded ribbed smoked sheet (RSS) rubber into cow shoe production targeting dairy farming. With the Industry 4.0 concept of the knowledge-based economy in the central focus, the research objective was to examine both the supply and demand sides for developing a practical knowledge-based cow shoe business model. Methods: This qualitative research adopted the concepts of knowledge-based entrepreneurship (KBE) and Osterwalder's business model canvas to guide the investigative design. It used documentary analysis, in-depth interviews, and a focus group discussion as the data collection instruments. The data analysis technique was a generic interpretive approach allowing the researchers to analyze the data by constructing codes, categories, and result conceptualization based on the underpinning conceptions of KBE and the business model canvas. Results: This study confirmed cow shoe production as a potential downstream business for rubber production in Thailand with the possibility of KBE characterization of innovation, growth, and competitive advantage. Cow shoes could be sold throughout the year for cattle nourishing routines to ease the pain from hoof and claw trimming. Critical success factors for KBE development in this business included creating production technology transfer networks, promoting financial and knowledge support from rubber promotional authorities and regional universities, and developing a sustainable ecosystem for rubber production to be linked in the value chain with rubber biofuel and cattle farming industries. Conclusion: Considering that innovative rubber production was often suggested at the policymaking level, this paper has filled the knowledge gap by delivering a novel practical framework, supported by empirical evidence, to promote KBE in cow shoe business development as a sustainable downstream business.

An Investigation on Knowledge-Based Entrepreneurship in Higher Education

Purpose: This section provides an overview of the article's main objective and scope. It introduces the concept of knowledge-based entrepreneurship in higher education institutions and sets the stage for the research's exploration of its various aspects, including drivers, challenges, and transformative impacts.
 
 Theoretical Framework: This section discusses the theoretical underpinnings and concepts that guide the research. It mentions how universities have evolved from traditional knowledge disseminators to hubs for entrepreneurial initiatives and outlines the theoretical foundation upon which the study is built.
 
 Methodology: This part briefly outlines the research methodology employed in the study. It mentions the systematic analysis of existing literature as the primary research approach and highlights the study's focus on knowledge transfer, collaborative relationships, and the role of Technology Transfer Offices (TTOs).
 
 Findings: This section summarizes the key findings of the research. It touches upon the pivotal role of universities in the knowledge economy, the mechanisms of knowledge transfer, and the significance of TTOs in facilitating knowledge-based entrepreneurship. It provides an overview of the transformative potential highlighted in the study.
 
 Research, Practical & Social Implications: This part discusses the broader implications of the research. It highlights how the findings impact academia, industry, and society at large. It mentions the need for collaborative efforts and how knowledge-based entrepreneurship can drive economic growth, technological advancement, and societal progress.
 
 Originality/Value: This section underscores the uniqueness and value of the research. It emphasizes the contribution of the study to the understanding of knowledge-based entrepreneurship and its role in fostering collaboration between academia and industry. It also mentions the potential for innovation and resilience in the future.

The Role of Knowledge-Based Economy in Third Generation Universities

Abstract
 Entrepreneurial society refers to places where knowledge-based entrepreneurship has emerged as a driving force for economic growth, job creation and competitiveness. In this context, entrepreneurial universities play an important role both as a producer of knowledge and as a publishing institution. In the literature, several studies contributed with relevant findings. Most of these studies show a tendency to use case studies to explain this phenomenon. Paying attention to the role of knowledge in the economy of economic growth is not a new issue, in the way that Adam Smith paid attention to the role of expertise in production and economy in the 18th century. Although the term knowledge-based economy entered the American economic literature in the 1960s, the developments of the 1990s renewed and revived this term, and it has become a very common topic in economic development in recent years. This article uses the library method. Therefore, in this article, according to the importance of the subject, definitions of economy, knowledge and knowledge-based economy are first presented, and then the prerequisites for the establishment of knowledge-based economy and the relationship of third-generation universities in knowledge-based economy are discussed.

University Outreach in the Triple Helix Model of Collaboration for Entrepreneurial Development

This paper presents an empirical study of the role of university outreach in the triple helix collaboration model adopted for the development of knowledge-based entrepreneurship in a community enterprise in Thailand. The triple helix model is a hybrid collaboration of university-industry-government networks for knowledge transfer and innovation development. This research project was a case study using a qualitative ground theory approach, semi-structured interviews, and documentary analysis for its data collection tools. This study investigates how a university outreach project performed by academic members of a regional university from the Northeast region of Thailand plays a role in promoting a local community enterprise to become knowledge-based entrepreneurship. The study chose a local organic rice farming community enterprise as its case study. The study discovered that the primary role of the university outreach is a source of creative knowledge required for innovative development. The knowledge delivery is via academic service financially supported by funding from a government agency. The empirical evidence showed that the participating academics delivered their knowledge service with sufficient entrepreneurial skills. Moreover, the academic service that promoted the enterprise’s business innovation significantly added economic value to its production. In addition to identifying success factors, this paper also discusses a challenge for further development for the university outreach sustaining its contribution to the triple helix collaboration by constructing systematic support from the university and promoting academic integrity for interdisciplinary research-based innovation development.

RELATIONSHIP RECONSTRUCTION AND VALUE CO-CREATION OF ENTREPRENEURIAL EDUCATION SUBJECT UNDER THE TEND OF DE-CENTRALIZATION FROM THE PERSPECTIVE OF VALUE NETWORK THEORY AND MENTAL HEALTH

RELATIONSHIP RECONSTRUCTION AND VALUE CO-CREATION OF ENTREPRENEURIAL EDUCATION SUBJECT UNDER THE TEND OF DE-CENTRALIZATION FROM THE PERSPECTIVE OF VALUE NETWORK THEORY AND MENTAL HEALTH

EL EFECTO DEL APOYO UNIVERSITARIO PERCIBIDO, LA AUTOEFICACIA EMPRESARIAL Y LA PERSONALIDAD PROACTIVA, EN LA PROMOCIÓN DE LA INTENCIÓN EMPRENDEDORA DE LOS ESTUDIANTES EN INDONESIA

Entrepreneurship plays a pivotal role in economic growth for Indonesia. Unfortunately, the number of entrepreneurs in Indonesia is still lagging behind other ASEAN countries. The emergence of knowledge-based entrepreneurship makes universities become one of the vital supply sources for creating entrepreneurs. Even though it has institutional support from the Indonesian government, entrepreneurship is still not considered a promising alternative career choice. Therefore, this study aims to analyze the effect of university institutional support (perceived educational support, concept development support, and concept development support) and personal traits variables (self-efficacy and proactive personality) on Indonesian students' entrepreneurial intention. This study was conducted using a judgmental sampling technique on 302 active university students in Indonesia who have received entrepreneurship education. Data analysis in this study was carried out using the PLS-SEM. The findings of this study indicate that perceived educational support directly affects entrepreneurial intention. While, perceived concept development support and perceived business development support positively shape self-efficacy, leading to entrepreneurial intention. This study also confirms self-efficacy and proactive personality as predictors of entrepreneurial intention. Furthermore, the study also shows that self-efficacy mediates the relationship between proactive personality and Indonesian students' intentions to be entrepreneurs.

Knowledge Entrepreneurship versus Opportunity Entrepreneurship Driver of Economic Performance in Saudi Arabia

This paper understands the role of Knowledge-Based-Entrepreneurship (KBE) in changing the economy of Saudi Arabia into a knowledge-based economy. The ambition of this paper is to align entrepreneurship theorizing with the Saudi market needs by redirecting our entrepreneurship thinking away from the opportunistic metaphors to more creative and knowledge thinking. This paper reconceptualizes the entrepreneurship view. It is empirically compared between two dominant streams of theorizing on entrepreneurship: the opportunity view versus the knowledge view. A Mediation Model Path Test has been applied to examine the relationships. The analysis indicates that the opportunistic view is not adequate as a platform for entrepreneurial responding to Saudi economic changes. Instead, an alternative perspective is developed as Knowledge-Based -Entrepreneurship. The findings reveal that (KBE) has a positive and significant impact on economic performance. It is also found that (KBE) has a mediating effect on entrepreneurship more than the opportunistic effect. This perspective emphasizes the importance of building entrepreneurial knowledge infrastructure, that creates multiple forms of value. This paper contributes to the knowledge in the field of entrepreneurship by offering an alternative view of entrepreneurship grounded. It goes beyond investigating the economic support of adopting the Knowledge-Based-Entrepreneurship compared to the Opportunity-Based-Entrepreneurship.

DEVELOPMENT OF ENTREPRENEURIAL ACTIVITY, LABOR MARKET AND MODERN CHALLENGES OF HIGHER EDUCATION

Entrepreneurial activity has always been a major factor in the socio-economic development of any country in the world. This is especially evident in the discussion of the problems of economic growth, when the efficiency of the functioning of the entrepreneurial sphere within the country clearly determines both the rates of economic growth and the state of the social sphere and the well-being of the people. It is noteworthy that in modern conditions, against the background of the high importance of the formation of the knowledge economy, the innovative aspect of entrepreneurial activity in the context of all business entities is gaining special urgency. The effectiveness of the whole innovation process depends on the effective functioning of knowledge-based entrepreneurship. The aim of the research is to identify the requirements of the entrepreneurial field for human capital skills, to identify the imbalances in the labor market, to determine the compliance of the skills required for the teaching and learning activities of high schools, to identify the existing challenges and to formulate separate recommendations. The research process used the methods of induction, deduction, qualitative, quantitative, comparison, statistical analysis, benchmarking. The processing of existing literature, retrieval of statistical data (including with the direct assistance of the National Statistics Office of Georgia), automatic download of data (so-called scraping) from various employment sites, conducting surveys and in-depth interviews, sorting and quantitative analysis of retrieved data were included in the own research. The consideration of expert opinions is within the research. Research has shown that when considering the skills of entrepreneurs, as a starting point, the entrepreneurial activity in a particular country and the requirements for its development should be considered. It should be noted, however, that the labor market may not be able to meet the needs of the entrepreneurial sector (employers). On the other hand, the perceptions of the entrepreneurial subjects themselves about the required skills are often limited and conditioned by the relatively short-term current perceptions of the modern technologies of the entrepreneurial activity itself. The research and the analysis of the positive practical experience of the developed countries of the world clearly showed that in this regard, close cooperation with universities in the field of entrepreneurship in the form of entrepreneurship training and short-term courses will be effective. The involvement and support of the state in the development and implementation of innovative entrepreneurial policies would also be important here.

ENTREPRENEURIAL OUTCOMES AND THE ROLE OF HIGHER EDUCATION AND R&D: EVIDENCE FROM MEXICO

This paper studies the evolution of some higher education and R&D variables in Mexico during 2007–2017 and determines their effects on different entrepreneurial outcomes. It is shown that these variables affect the entrepreneurial outcomes heterogeneously depending on the type of venture. They do not explain the overall entrepreneurship; however, they do explain higher education and knowledge-based entrepreneurship. The research also suggests that, despite the general improvement of the performance indicators in the higher education institutions and the R&D variables enabled by the public policy, its scope is still limited, distributed unequally across states and ambiguous in innovative outcomes. Some insights for policy applicable to developing countries are provided.

Who really acts as an entrepreneur in the science commercialisation process: the role of knowledge transfer intermediary organisations

PurposeConsistent with the knowledge spillover theory of entrepreneurship, the purpose of this paper is to recognise the complementary entrepreneurial role of knowledge transfer intermediary organisations in the context of two Central and Eastern European (CEE) countries: Poland and the Czech Republic.Design/methodology/approachThe aim was achieved through empirical studies relying on multiple-case study methodology and cross-case analysis covering 21 cases of commercialisation intermediary institutions. It was assumed that institutional and geographical conditions can impact the knowledge-based opportunity exploitation between different national economies.FindingsResearch confirmed that scientists in Poland and the Czech Republic are the central figures of the commercialisation process in terms of entrepreneurial opportunity recognition; however, they need support from intermediary organisations in many other entrepreneurial activities. The history of knowledge commercialisation and its intermediating entities in these countries is relatively young and spin-off company creation is not a common practice. Expertise knowledge, creativity and self-confidence admitted, by the respondents in both countries, can be an optimistic sign for the future efforts in fostering innovativeness of CEE countries. Stronger support of formal institutional framework and policies in those countries is expected.Originality/valueScience commercialisation has lately attracted much attention, but only a few studies have tried to develop conceptual frameworks considering knowledge-based entrepreneurship and knowledge commercialisation in their relations and subsequential roles. Also, over the past couple of years literature in this area has expanded mainly relying on observations in the USA and Western European countries. Hence, this study allowed to collect findings from CEE countries for which data are still insufficient but can significantly contribute to the theory development. Also, some recommendations for policymakers arise from this study. Further research could validate the results in an extensive quantitative study.

FINANCIAL MANAGEMENT OF MICRO-ENTERPRISES IN LATVIAN FISHERIES SECTOR

competitiveness of the Latvian fisheries sector in the long term depends on thought-out financial management of enterprises and objective and timely identification of various risks. Sound and innovation- and knowledge-based entrepreneurship can contribute to substantial success and growth. The aim of the research is to assess the financial management of micro-enterprises in the Latvian fisheries sector, at the same time providing recommendations for the need in structural reforms and ensuring sustainable financial stability. Based on the chosen assessment methodology, the skills and opportunities of micro-enterprises in creation of capital structure, distribution of financial resources and return were analysed. The information reflected in the framework of the research can assist the institutions, entrepreneurs and researchers involved in establishment and implementation of fisheries policy to better understand the need in successful financial management to ensure a sustainable operation of the sector.

Analysis of scope and economic impact of knowledge-based entrepreneurship

Analysis of scope and economic impact of knowledge-based entrepreneurship

Research on Education of Intellectual Property Knowledge-Based Entrepreneurship in Universities of Science and Engineering

Research on Education of Intellectual Property Knowledge-Based Entrepreneurship in Universities of Science and Engineering

Triple Helix Model and Knowledge-Based Entrepreneurship in Regional Engagement: A Case Study of Thai and UK Universities

This paper presents a comparative study of regional engagement performed by Thai and UK universities, concerning the notion of industry 4.0 which aims at adding value to the economy using enhanced creativity and innovation. The research underlining this paper looks into the roles of regional universities engaging with their regions to deliver knowledge exchange programs to make impacts on regional development. The notion of knowledge-based entrepreneurship underpins its investigation. The investigation is concerning the essence of new knowledge recognized as the key elements of creativity and innovation, which are acknowledged to be a principal means by which regions foster economic growth and competitiveness. For small firms, such as community enterprises and local SMEs, new knowledge can be obtained when the firm actively taps into knowledge sources, such as universities and entrepreneurial networks. Firms able to employ this strategy are known as knowledge-based entrepreneurs. This study will present how the knowledge-based entrepreneurship in these regional enterprises is promoted through engagement with the universities in their regions. Comparisons and discussions given the different contexts of the developing system of Thailand and the developed system of the UK will also be provided.

Formation of Knowledge Economy and Innovative Entrepreneurial Policy: Institutional Aspects

The modern stage of globalization is characterized by a number of specific peculiarities of post-industry development, among which, in our view, the formation of knowledge-based economy (knowledge economy) is important. It is noteworthy that globalization complements the knowledge economy with the dimensions of global scale such as resource-technological, informational, communicative and institutional structures. According to postindustrial theory, the key resource of post-industrial economy is information and knowledge, and the main type of manufacturing activities is the high level of automated production. Among the main technologies, science inclusive technologies are used, and from the types of economic activities, a range of industry services is most common. if in the pre-industrial society agricultural sector was a determining factor, in the industrial society, it is the industry. In the post-industrial society theoretical knowledge in universities (where knowledge is generated and accumulated) becomes the determinant. These features are clearly reflected in the categories, such as the knowledgeable society, the knowledge society and the knowledge - value society. The important thing here is that the core of the society is the knowledge economy, while human capital is the main factor of development. it should be noted that in the process of forming the knowledge economy, the innovative aspect of entrepreneurial activities is of a particular importance in the con- text of all business entities. Therefore, the effectiveness of the overall innovative process depends on the efficient functioning of knowledge-based entrepreneurship, which in its own turn contributes to the development and implementation of innovative entrepreneurial policies by the state. The innovative entrepreneurial policy should envis- age the formation of the institutional component, its systematic modernization in dynamics, compliance and synchronization of general formal institutions and business culture as an informal institution.

Skills and knowledge-based entrepreneurship: evidence from US cities

ABSTRACT Skills and knowledge-based entrepreneurship: evidence from US cities. Regional Studies. This paper explores the association between human capital and knowledge-based entrepreneurship. While the existing literature mostly focuses on education-based human capital, this paper adopts a skills-based human capital approach and examines the associations between various types of labour market skills and high-technology entrepreneurship in US metropolitan regions. Spatial regression results show that cognitive, technical, problem-solving, social and managerial skills are positively associated with high-technology start-up activity. Additionally, these skills also play moderating roles in turning university research into entrepreneurial activity in knowledge-based regional economies. This research contributes to the search for regional entrepreneurship policy from a skills-enhancing perspective.

Effect of knowledge-based entrepreneurship on sustainable development in emerging economies

Effect of knowledge-based entrepreneurship on sustainable development in emerging economies