Entrepreneurial Strategies Research Articles

ISLAMIC RELIGIOSITY AND ISLAMIC BRANDING ON MSMEs PERFORMANCE: FINANCIAL KNOWLEDGE AS MEDIATION

This study aims to determine the effect of Islamic religiosity and Islamic Branding on Micro, Small and Medium Enterprises (MSMEs) performance mediated by Financial Knowledge. The purpose of this research is to enrich the literature and also to provide a strong foothold in developing entrepreneurial strategies with sharia principles and try to examine the factors to take advantage of this potential. This research is particularly interesting because currently, research on the role of Religion on entrepreneurship in Indonesia is limited and scarce, mostly conducted on Western and non-Muslim businesses. Currently, the Islamic economy and halal industry are growing rapidly in both local and global markets. However, the fact is that the potential of the Islamic economy has not been maximally utilized by entrepreneurship in Indonesia. Therefore, this research focuses on sharia management and Entrepreneurship with the aim of not only influencing consumer preferences, but also providing a strong foothold in developing products, services, and management strategies that are in accordance with sharia principles to capitalize on the potential of the sharia economy. This study used purposive sampling method to collect data, using a questionnaire with the criteria of Muslim entrepreneurship owners or managers in MSMEs. This study uses quantitative data processing methods using structural equation modeling partial least squares analysis with Smart PLS 4.0 statistical tools. Islamic religiosity directly affects the performance of organization and affects financial capability and Islamic branding affects financial knowledge but does not directly affect the performance of organization. In addition, organization performance is influenced by individual financial knowledge. Another finding is that financial knowledge mediates Islamic religiosity but has no effect for Islamic branding on organizational performance.

Entrepreneurs and the structural transformation of the Chinese apparel industry, 1980–2020

This paper investigates the structural transformation of the Chinese apparel industry from 1980 to 2020. Following an approach of industry studies and classic business history, it focuses on the 10 largest apparel companies in the four decades since the 1980s. Drawn from a broad range of published sources and official data, it analyses the ownership transition and entrepreneurial strategies of these companies under the changing institutional context. The findings show how different types of firms were able to use regulations and policies to dominate the industry. The study contributes to literature by exhibiting the dynamics of the industry development from the perspective of companies and entrepreneurs.

The impact of cybersecurity on SMEs strategies through technological infrastructure in Balqa governorate

The technological infrastructure is the basis for the successful implementation and operation of information systems in small and medium enterprises. The study aimed to demonstrate the impact of cybersecurity on entrepreneurship strategies in small and medium enterprises. Through technological infrastructure in Balqa Governorate. The study population consisted of small and medium enterprises in Balqa Governorate in Jordan. The study followed the descriptive analytical approach and relied on the questionnaire to collect data. The sample size was 360 individuals were randomly select. The Statistical Package for Social Sciences (SPSS) was use to analyze the data. The study reached a set of results, including that the management of small and medium enterprises is committed to continuous supervision and control of customer information. Dealing with reliable parties to ensure the confidentiality of information, following strict standards for disclosure and circulation of customer data and information based on legal texts. Maintaining the privacy of customers’ financial data, in addition to supporting the successes of individuals based on the personal efforts of employees, providing a suitable work environment for employees, sustaining excellence and achievement, and working to increase awareness among its employees of the importance of innovation and creativity in work. The study recommended that customer data confidentiality should be consider a top priority for small and medium enterprises. The data should be stored in more than one place at the same time, that project websites should follow a privacy policy, and that the customer’s identity should be verify before submitting his data and documents, by involving employees in small and medium enterprises in specialized courses and workshops to demonstrate the importance of data and information confidentiality.

Philosophy meets culture: How existential reflection and 'Arema Spirit' shape startup bootstrapping strategies?

​​Existential philosophy provides a framework to understand the motivations and strategic decisions of startup founders in navigating uncertainty and limited resources. This study explores the interplay between existential reflection and the 'Arema Spirit,' a cultural ethos in Malang, Indonesia, in shaping financial bootstrapping strategies. Using a qualitative phenomenological approach, data was collected from 30 creative startup founders through in-depth interviews, participatory observations, and qualitative questionnaires. The analysis emphasizes how founders integrate philosophical reflection with local cultural values to balance autonomy, ethical responsibility, and resource efficiency. The findings reveal that existential reflection fosters strategic independence and resilience while the 'Arema Spirit' inspires ethical and community-oriented decisions. This dynamic is encapsulated in the Bootstrapping Existential Reflection Cycle, an iterative framework connecting existential values, bootstrapping practices, and practical innovation. The study highlights the role of cultural identity in entrepreneurial strategy, bridging philosophy, and practice in navigating startup challenges.

STUDYING THE RELATIONSHIP MODEL BETWEEN ENTREPRENEURSHIP INSIGHT AND BUSINESS PERFORMANCE: A STUDY OF MSMEs IN INDONESIA

This research aims to examine the relationship model between entrepreneurial orientation (EO), entrepreneurship insight (EI), information technology adoption (ITA), and business performance (BP) in MSMEs in Indonesia. The research method used is a quantitative approach with survey techniques of MSME actors in various sectors in Indonesia. Data was collected through a questionnaire adapted from previous research. The research sample consisted of 200 respondents selected using a purposive sampling technique, with the criteria being that the business had been running for at least two years and had access to information technology. The results of the research data analysis conclude that entrepreneurial orientation (EO), entrepreneurship insight (EI), and information technology adoption (ITA) have a positive and significant effect on business performance (BP). The research results will provide deeper insight into the influence of EO, EI, and ITA on the business performance of MSMEs in Indonesia. It is hoped that this research can also provide recommendations for MSME actors and policymakers to increase the competitiveness of small businesses through implementing entrepreneurial strategies and adopting technology. Thus, this research contributes to the development of MSME business theory and practice in the digital era and supports efforts to improve the performance of MSMEs in Indonesia.

Co-production of sustainability indicators in a vulnerable South American agricultural frontier

Deforestation linked to agricultural activities is a major sustainability concern. Planning towards sustainable agricultural landscapes in the (sub-)tropics requires indicators that capture the many aspects of social-ecological cost and benefit of agriculture. Agricultural production strategies are developed using the best available data and knowledge such as high-yield locations, distance to storage facilities, or certification bonuses. However, there is often a divide between sustainable production data generated by the scientific community and current data that are of interest to actors, such as those in the agribusiness sector. Here, we describe how the harmonization of crop production, conservation, and social data used by scientists and agribusiness is possible using a participatory exercise based on knowledge co-production (i.e., generation of knowledge in a collaborative way) of socio-economic and environmental indicators (such as agricultural production, logistics, or the location of indigenous communities). This was made available through an online decision support platform that facilitated the generation of sustainable entrepreneurial strategies. We tested this exercise for the social-environmentally vulnerable Argentine Chaco dry forest, subject to some of the highest rates of deforestation globally, mainly due to soybean production. The cooperation between participants of this exercise built a knowledge exchange network that was key for informing decision-makers and highlighted information gaps including agricultural productivity, accessibility of regions, and the vulnerability of rural communities. Our exercise may be applicable to other agricultural commodity frontiers and showcases the value of including actors’ priorities in the design of indicators to ensure their policy impact and to achieve food systems’ sustainability.

Research on the Strategies for Choosing Employment and Entrepreneurship among Graduates Majoring in Advertising Design (Staying in the Province)

As the old industrial base of Northeast China, the three northeastern provinces have created brilliance in the development of the national economy. Jilin Province plays a decisive role in the hinterland of the three provinces. The current economy is declining compared to before, and population loss has caused great uncertainty for the local economy. The employment and entrepreneurship of advertising design graduates in the province can directly reflect the impact of local economy, policies, enterprises, talents and other aspects. Studying the employment and entrepreneurship strategies major in the province will play a role in attracting talents, investment and economic development.

Do hiring strategies change in successive entrepreneurial stints?

AbstractResearch SummaryMost key decisions in startups are linked to their founders, but what entrepreneurs do differently as they launch successive ventures remains poorly understood. Using Danish register data, we investigate how hiring strategies change in successive entrepreneurial stints. We compare the employee sourcing practices of serial entrepreneurs running knowledge‐based startups with those of novice founders in similar industries, who later transition into serial entrepreneurship. We find that serial entrepreneurs, particularly after experiencing a prior failure, engage in pipeline hiring practices (i.e., hiring repeatedly from some external sources) more than their novice counterparts. This finding is robust to different sampling, measurement, and estimation choices. Further investigation into the underlying mechanisms supports the roles of experiential learning and improved employee‐firm matching quality, while excluding alternative explanations.Managerial SummaryHow do hiring strategies evolve across successive entrepreneurial stints? Using employer–employee linked data from Denmark, we investigate the changes in employee sourcing strategies employed by entrepreneurs as they launch successive ventures. We compare the practices of experienced and first‐time founders of knowledge‐based startups and observe a greater tendency to repeatedly hire from some external source organizations (reflected by an increased concentration of hiring sources) among entrepreneurs who have discontinued an underperforming venture. This hiring strategy—known as pipeline hiring—correlates with both higher‐quality hires and improved venture performance. This change in hiring strategy is suggestive of experiential learning. We rule out several alternative explanations and pave the way for future research to further explore the complex impact of entrepreneurial experience on key entrepreneurial strategies.

Effectuation Principles as an Entrepreneurial Strategy during a Crisis in the Hotel Industry in Indonesia

The principle of effectuation is a fascinating concept in entrepreneurship that emphasizes a flexible and adaptive approach to business creation. This approach is particularly beneficial in unpredictable contexts, encouraging entrepreneurs to leverage their current resources and networks. The aim of this study is to identify the entrepreneurial strategies employed by boutique hotels, grounded in five principles of effectuation, to navigate a crisis. This study utilizes semi-structured interviews as the primary method for collecting data on crisis management among business owners or senior executives. The respondents in this study comprised ten decision-makers from seven boutique hotels, including owners and top-level management. The findings indicate that boutique hotel entrepreneurs employed effectuation principles as an entrepreneurial strategy during a crisis, enabling the hotels to navigate the challenges effectively. This study's findings will enhance existing research in the hotel sector and elucidate entrepreneurial reactions to crises.

Implications of Innovative Strategies for Sustainable Entrepreneurship—Solutions to Combat Climate Change

We face significant challenges related to sustainability and social responsibility, so sustainable entrepreneurship is a key way to help address these issues. How can sustainable entrepreneurship contribute to combating climate change? This is the question from which this research started. The paper proposes important research directions to develop innovative and sustainable solutions tailored to the problem. By investigating the impact of different innovation strategies, the study aims to provide concrete recommendations to all stakeholders. Recognizing that effective climate action requires collaboration among government, businesses, non-governmental organizations, and citizens, the study emphasizes the importance of raising awareness, education, and access to information. Using fsQCA software version 4.1, the research analyzes various innovation strategies to develop tailored, sustainable solutions. The findings offer concrete recommendations for stakeholders, aiming to facilitate the implementation of sustainable practices and foster a supportive framework for green initiatives. Ultimately, this study contributes to efforts aimed at reducing the carbon footprint and promoting a more responsible economic model in Romania. The results not only provide concrete recommendations for relevant actors but also outline a strategic vision on how a more responsible economic model can be promoted in Romania, with the potential to influence sustainable development policies and inspire future initiatives.

Entrepreneurship Strategies and Their Role in Improving Sustainable Performance in Small and Medium Enterprises in Shabwah Governorate

Entrepreneurship Strategies and Their Role in Improving Sustainable Performance in Small and Medium Enterprises in Shabwah Governorate

Intercultural Experience as a Unique Facilitator of Immigrant Entrepreneurship

ABSTRACTThis study seeks to unpack some underlying factors for immigrant entrepreneurial success. Specifically, we develop an integrative framework for immigrant entrepreneurship utilizing three key pillars or building blocks: home–host cultural asymmetry (related to cultural distance), home–host cultural integration (related to cultural interface), and immigrant entrepreneurship (related to adaptive learning). Through a phenomenon‐driven research approach, our study finds (1) when the home‐cultural heritage and family values interface with host country's cultural values, such interface is likely to have significant effects on the process of immigrant entrepreneurship; (2) immigrant entrepreneurs may go through the same sequential stages of cultural shock and cultural adaptation that other immigrants do; (3) we further find that immigrant entrepreneurs' business success may depend on a process of effective intercultural integration, with the process of intercultural integration that may shape the microfoundations of immigrant entrepreneurship and the choice of entrepreneurial strategy. Our study contributes to the growing research streams on immigrant entrepreneurship: the specific intercultural integration for immigrant entrepreneurship and the unique microfoundations of immigrant entrepreneurship.

Model of University Entrepreneurial Education Development Strategy for Preparing the Golden Generation Toward 2045: Islamic Entrepreneurship Perspective

This study aims to develop entrepreneurial strategies based on sharia principles at Universitas Syiah Kuala to prepare students for Indonesia’s Golden Era 2045. Key concepts explored include sharia-based entrepreneurship education, curriculum reform, and business incubation. Using Soft Systems Methodology (SSM), the research identifies and implements changes through curriculum redesign, workshops, strategic partnerships, and the establishment of a sharia business incubator. Data collection involved surveys and interviews with students, faculty, and local business stakeholders over six months. The results indicate increased student engagement and business creation aligned with sharia values. These findings highlight the importance of integrating Islamic principles into entrepreneurship education, offering valuable insights for other universities seeking to develop similar programs.

Exploring Diversification Strategies among Italian Farms

The multifunctionality model is receiving more and more attention from policymakers as a result of recent initiatives to build more resilient and sustainable food systems as well as the potential for increased farm revenue. This paper explores the role of multifunctional farming in the Italian agriculture viewed through the lens of an entrepreneurial strategy grounded on-farm diversification. Farm diversification strategies, which broaden the farm’s traditional boundaries to include additional activities at the farm level, help the evolution towards multifunctionality. A policy-driven transition towards multifunctional farming has been noticed in Italy during the past few decades, which has prompted a strategic reconfiguration of the farm’s business models. Drawing on the identified activity of portfolio diversification, this study provides an overview of the analyzed 49,429 Italian farms, by articulating diversification strategies into four entrepreneurial activities, which are related to on/off-farm/farm-related or farm-diverse diversification strategies. This article has attempted to verify the presence of farm types that responded to portfolio diversification management strategies through the use of a cluster analysis on data from the general census of Italian agriculture. Supporting new patterns in the adoption of business models focused on multifunctionality should be considered in European rural development policies.

First-generation Korean food entrepreneurship: strategies of living with (ethnic) difference in the city

ABSTRACT Based on semi-structured interviews and ethnographic market analysis online and on-site, this study explores strategies of ethnic food entrepreneurship by first-generation Korean migrants in London. The focus is on how urban difference is translated through entrepreneurship into concrete everyday interactions across urban divides, as migrant entrepreneurs engage with urban economies, societies and regulatory frameworks through their enterprises. This empirical focus is driven by an interest in the application of the notion of conviviality as a lens to understand urban interactions of living with difference. We thus deliberately depart from assimilationist and groupist precepts as imposed by the “migrant integration” agenda or multiculturalist approaches ignoring persistent hierarchies of difference. Our contribution is in providing empirical insight into living with difference in the city through the exploration of how difference is translated through the entrepreneurship of a conspicuous and often racialised group of migrant entrepreneurs.

Enhancing Social Work Education: Integrating Social Entrepreneurship Training into the Curriculum

Social enterprises and social entrepreneurs have garnered significant scholarly attention due to their potential for creating social, economic, and environmental impacts on communities. Despite their emergence, a disconnect exists between social work education and the training of social entrepreneurs. Social work education in India has evolved to address complex social issues such as poverty, inequality, and the welfare of marginalized communities, focusing on theoretical foundations and practical fieldwork. However, it often lacks emphasis on innovation, entrepreneurial thinking, and sustainable impact creation, which are crucial for social entrepreneurship. This paper argues that to bridge this gap, social work education must integrate social entrepreneurship principles into its curriculum. By offering courses and practical experiences that combine social work’s compassionate, community-focused approach with the dynamic, solution-oriented strategies of social entrepreneurship, social work education can better prepare future professionals to address current social issues and become leaders in creating sustainable social change.

ENTREPRENEURSHIP AND SOCIAL RESPONSIBILITY

The traditional image of entrepreneurship revolves around innovation, disruption and value creation. However, today’s business environment recognizes the growing importance of social responsibility. This article examines the interplay between entrepreneurship and social responsibility. We delve into the concept of social entrepreneurship, explore the benefits of incorporating social responsibility into any entrepreneurial strategy, and explore ways entrepreneurs can make a positive impact. Keywords:Social Responsibility, Social Entrepreneurship, Sustainable business, Ethical business, Corporate social responsibility (CSR), Social impact, Cause marketing.

Entrepreneurship and its Impact on Employee Performance through Job Satisfaction A Study of the Opinions of Senior and Middle Management in Telecommunications Companies Operating in Iraq

This study aims to examine the impact of entrepreneurship strategies on employee performance, with job satisfaction serving as a mediating variable, in telecommunications companies operating in Iraq. A sample of 340 individuals from senior and middle management was selected using random sampling. The study employed a descriptive analytical method, and data were collected via a questionnaire. Analysis was performed using SPSS and AMOS software. The results indicated a statistically significant effect of entrepreneurship strategies on both employee performance and job satisfaction. Furthermore, job satisfaction was found to mediate the relationship between entrepreneurship and employee performance. Recommendations include fostering a supportive environment that enhances job satisfaction, encourages creativity, and improves employee performance.

Proposing the Model to Accelerate SMEs to Apply Green Economy Practices Through the Utilization of Social Crowdfunding

Following Indonesia's commitment to promoting the achievement sustainable consumption and production practices (RCP- SDGs Number 12), a plan must be put in place to motivate important players (SMEs) to support the green economy. The limitations of SMEs in terms of funding to be able to implement green economic practices are accommodated through access to financial technology, namely social crowdfunding. To gain insight into how SMEs implement green economic practices by utilizing social crowdfunding, a survey was conducted on 75 SMEs use descriptive research design. The results of the descriptive analysis found that some SMEs have not been able to take advantage of social crowdfunding due to several reasons: not being able to access the right website, having requirements that are difficult to fulfill and their technology skills are not yet good. An interesting insight that was extracted from the results of this survey is the high level of confidence among SMEs that implementing green economic practices using social crowdfunding can improve business performance and are confident that they can overcome all difficulties. The proposed conceptual model can apparently be supported by research results which produce the proposition namely:" willingness to participate in implementing green economic practices using social crowdfunding needs to be driven by creating strong awareness and interest by triggering 3 important determinants, namely stakeholder management, community engagement and entrepreneurship strategy”. In the future, this conceptual modeling can be used to conduct quantitative research so that it can explore the facts in the field in a comprehensive manner.

Investigating the effects of the challenges faced by women entrepreneurs on their entrepreneurial capabilities and developing effective entrepreneurship strategies

Investigating the effects of the challenges faced by women entrepreneurs on their entrepreneurial capabilities and developing effective entrepreneurship strategies