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Entrepreneurial Business and Economics Review
Number of Followers: 8  Open Access journalISSN (Print) 2353-883X - ISSN (Online) 2353-8821 Published by Cracow University of Economics  [2 journals]
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- Venezuelan migrants in Peru and their entrepreneurship intention during
the COVID-19 pandemic
Authors: Shyla Del-Aguila-Arcentales, Aldo Alvarez-Risco, Diego Villalobos-Alvarez
Pages: 7 - 22
Abstract: Objective: The objective is to understand the influence of how attitude (ATT), country support (CS) for entrepreneurship, entrepreneurship self-efficacy (ESE) support entrepreneurship intention (EI) among Venezuelan migrants living in Peru. Research Design & Methods: 305 migrants from Venezuela living in Peru completed the online questionnaire. Twenty-one items evaluated the variables to explain the EI. We used for the current study the SEM-PLS technique. Findings: We found that ATT (0.591), and CS for entrepreneurship (0.204) showed a direct and significant influence on ESE, while ESE showed a direct and significant influence (0.823) on the EI. The research model explained 67.7% of the EI. The analysis using bootstrapping technique showed the significance of the path coefficients. Implications & Recommendations: Current research showed the effect of ATT and CS on ESE, which can be used by governments and organizations to create plans to promote entrepreneurship in migrants. Contribution & Value Added: The outcomes can be used by governments in developing and improvement of new regulations to encourage entrepreneurship. The novelty of this study is the use of the Partial Least Squares Structural Equation Modeling (PLS-SEM) technique.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100401
Issue No: Vol. 10, No. 4 (2022)
- The role of public aid and restrictions’ circumvention in SMEs’
pandemic survival strategies
Authors: Beata Stępień, Justyna Światowiec-Szczepańska
Pages: 23 - 36
Abstract: Objective: The objective of the article is to find out what proactive or reactive actions of small and medium-sized service firms helped them to survive during COVID 19 pandemic. This study focuses specifically on how the use of public aid and the restrictions’ avoidance impacted the outcomes of SMEs adjustment strategies Research Design & Methods: Adjustment strategies of small and medium enterprises representing restaurant, spa & beauty, fitness and hotel industries were investigated. The interviews with business owners were analyzed with usage of fuzzy set Qualitative Comparative Analysis (fs QCA) to present non-linear interdependencies between the applied measures and their outcomes. Findings: Successful adjustment strategies contain in a spectrum of proactive actions combined with the circumvention of restrictions and the use of public aid. Strategies on the verge of survival are characterized by reactive measures accompanied by use of public aid. Implications & Recommendations: Proactivity significantly boosts the probability of successful survival, but it can take both legal forms and those that by design circumvent the law. Contribution & Value Added: This paper contributes to understanding the impact of state aid on adjustment strategies of small and medium-sized firms in the B2C sector and deepening the knowledge on the grounds of SMEs (non)compliance with restrictions. Proactive strategies can include an element of law circumvention with the simultaneous use of state aid measures.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100402
Issue No: Vol. 10, No. 4 (2022)
- Entrepreneurial education, government policies and programs, and
entrepreneurial behavior: A serial moderated mediation model
Authors: Duong Cong Doanh, Krzysztof Wach, Ngoc Xuan Vu, Son Tung Ha, Bich Ngoc Nguyen
Pages: 37 - 54
Abstract: Objective: The research aims to adopt a serial moderation mediation model to investigate the serial mediation effects of entrepreneurial education and the moderation impacts of entrepreneurial government policies and programs on entrepreneurial attitude-intention-behaviour links as well as tighten the attitude-intention-behaviour gap in the entrepreneurial area. Research Design & Methods: A sample of 802 master students from nine universities/institutions in Vietnam and structural equation modelling (SEM) were approached to test developed hypotheses. Also, Gaskin’s (2019) plugin with 5000 bootstrapping sample was utilized to test serial mediation effect. Before SEM being performed, Cronbach’ alpha and confirmatory factor analysis (CFA) was conducted to test the reliability and validity of adopted measures. Findings: The research demonstrates that attitude towards entrepreneurship played the more important role than entrepreneurial intention on sculpting start-up behaviour. Entrepreneurial education not only has direct effects on entrepreneurial attitudes and behaviours, but it also has serial mediation effects on entrepreneurial behaviour via two mediators, including entrepreneurial attitudes and intention. Moreover, entrepreneurial government policies and programs were found to significantly reinforce the entrepreneurial attitude-intention-behaviour linkages. Implications & Recommendations: The findings of this research offer valuable insights for policymakers and practitioners in order to encourage individuals’ entrepreneurial activities. Contribution & Value Added: The research is expected to significantly contribute to the extant entrepreneurship literature by indicating the serial mediation effects of entrepreneurial education on entrepreneurial behaviour, the moderation impacts of entrepreneurial government policies and programs as well as closing the entrepreneurial attitude-intention-behaviour gap.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100403
Issue No: Vol. 10, No. 4 (2022)
- The impact of young employees’ perceptions of current paid jobs on the
entrepreneurial intention with the mediator of job satisfaction: The case
of Vietnam
Authors: Lien Tran Thi Hong, Hoang Nguyen Duy
Pages: 55 - 71
Abstract: Abstract: Objective: The article aims to explore the impact of characteristics of current paid jobs on entrepreneurial intention via the mediator of job satisfaction of young working people. Research Design & Methods: A quantitative study was conducted utilising structural equation modelling (SEM). The research model was established based on the Entrepreneurship Event Model (EEM), Theory of Planned Behaviour (TPB) and Job Characteristics Model. The sample consisted of 272 working people aged 25 to 30 from all three regions of Vietnam with a structure corresponding to the whole population. Findings: All current job characteristics (perception of work meaningfulness, responsibility, and results) positively impact current job satisfaction. In turn, job satisfaction mediates the relationship between the perception of current job characteristics and the entrepreneurial intention of young employees, with its positive effect on the intention. Implications & Recommendations: Managerial implications have been suggested for employers to retain the young talented personnel and for the start-up ecosystem’s supporting agencies to improve attitudes toward entrepreneurship. Contribution & Value Added: The empirical results are rare evidence of entrepreneurship intention in an under-researched but more potential group of young working people.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100404
Issue No: Vol. 10, No. 4 (2022)
- Entrepreneurial self-efficacy among first-year undergraduates: Gender,
creative self-efficacy, leadership self-efficacy, and field of study
Authors: Paula Alvarez-Huerta; Dr., Alexander Muela, Dr., Inaki Larrea, Dr.
Pages: 73 - 90
Abstract: Objective: The aim of the study was to explore gender differences in entrepreneurial self-efficacy among first-year undergraduates and to identify moderators and mediators of the observed relationship. Research Design & Methods: Participants were 1741 first-year students (792 female, 949 male) from two Spanish universities (Mage = 18.76, SD = 1.82). They were enrolled in degree programmes in two broad fields: engineering and architecture, and social sciences and law. Using a cross-sectional design we obtained measures of creative self-efficacy, leadership self-efficacy and entrepreneurial self-efficacy. Findings: Results showed that both leadership self-efficacy and creative self-efficacy predicted entrepreneurial self-efficacy, although creative self-efficacy was the variable that contributed most to the expected change in entrepreneurial self-efficacy. There were also differences in entrepreneurial self-efficacy and creative self-efficacy according to gender and field of study, with students enrolled in a technical field and male students in general scoring higher. Mediation–moderation analysis showed that creative self-efficacy mediated the relationship between gender and entrepreneurial self-efficacy, and also that the field of study buffered the effect of gender on entrepreneurial self-efficacy Implications & Recommendations: The results of this study show that entrepreneurial self-efficacy is predicted by creative self-efficacy and leadership self-efficacy, and hence both these variables should be addressed by training initiatives aimed at promoting entrepreneurship among undergraduates. However, the greatest emphasis should be placed on creative self-efficacy. Contribution & Value Added: Our results suggest that reinforcing the creative self-efficacy of women could possibly help to close the gender gap in entrepreneurial self-efficacy. It might also be useful to design specific training initiatives for undergraduates enrolled in social sciences, the aim of which would be to foster an entrepreneurial culture and help them to recognize their potential role as entrepreneurs.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100405
Issue No: Vol. 10, No. 4 (2022)
- Extra-industry imitation of digital platform business models
Authors: Aleksandra Hauke-Lopes, Marcin Wierzeczycki, Milena Ratajczak-Mrozek
Pages: 91 - 105
Abstract: Objective: The objective of the article is to identify challenges and success factors related to the imitation of the digital platform business model in other industries. Research Design & Methods: We base our research on a single case study of an extra-industry imitation performed by a digital platform operating in Poland that connects confectionery shops and final customers. The case study is based on direct interviews conducted with co-owners of the platform Findings: The results indicate that successful extra-industry imitation faces certain challenges, including the different requirements of the new target industry and the related know-how, as well as attracting cooperating companies and customers. The success of an extra-industry imitation is determined by specific success factors linked mainly to prior experience regarding the digital platform business model, business relationships with technology/IT suppliers and companies from the new target industry, as well as personal competencies. Implications & Recommendations: Based on the results, it may be stated that formal and informal business relationships and cooperation are crucial for extra-industry digital platform business model imitation. Also, specific personal relational competencies, like willingness to learn and take risks allow managers to respond successfully to market opportunities and imitate digital platform business models in new industries. Contribution & Value Added: The main contribution of the paper lies in assessing the challenges managers face during extra-industry business model imitation. In our model, we propose a novel set of factors that impact the successful implementation of the imitation business model process in a new industry.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100406
Issue No: Vol. 10, No. 4 (2022)
- The differences in the impact of entrepreneurial abilities of various
European SMEs on their financial risk perceptions
Authors: Mehmet Civelek, Lukáš Durda, Zuzana Vincúrová, Tomáš Dudáš, Ivan Brezina
Pages: 107 - 124
Abstract: Objective: The objective of the article is to investigate whether the effects of innovativeness and competitiveness of SMEs on their financial risks differ depending on the countries where SMEs are located. Research Design & Methods: The researchers created an online questionnaire and gained data from 1221 Czech, Slovak, and Hungarian SMEs. Moreover, the researchers applied Ordinal Logistic Regression analyses to achieve the goal of this paper. Findings: According to the results, the effects of competitiveness on bankruptcy risk perception of SMEs differ depending on the countries where they operate. Concerning the impact of innovativeness on financial performance and financial risk management, this paper also proves that international differences between SMEs exist. Implications & Recommendations: The developments in the financial literacy of company executives and their managerial experiences and the improvements in the credit access conditions, intellectual property rights, and tax legislation can make SMEs reduce their concerns about their financial risks. Thus, implementations by the policymakers are crucial to providing equal opportunities for SMEs even if they operate in various markets. Contribution & Value Added: This current research does not only make international comparisons among the investigated variables but also analyses the impacts of entrepreneurial competencies on various indicators of financial risk. These facts not only make this research become a unique study in the literature but also the reason why prospective readers such as policymakers, academicians, and SME owners might be interested in this research.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100407
Issue No: Vol. 10, No. 4 (2022)
- Material Well-being as a Driver of Sustainable Consumption: The Results of
European Studies
Authors: Dario Dunkovic, Blaženka Knežević, Barbara Borusiak
Pages: 125 - 141
Abstract: The paper deals with the causality between material well-being indicators of all the EU-27 countries and sustainable consumption behaviour indicators of the corresponding consumers. The authors assumed that the material well-being construct is determined by net income and by actual individual consumption (AIC) variables, while the sustainable consumption construct captures five selected behavioural variables. Hypothesis is that material well-being significantly determines sustainable practices in European countries. The research model is tested by structural equation modeling (SEM) using path coefficients and developed construct predictors. Two sets of statistical data were used, the first one was data on material well-being from Eurostat 2019 and the second dataset was a public opinion poll covering the EU-27 countries as stated in the 2019 'Special Eurobarometer 501'. Consumers in countries with lower material well-being indicators had a lower capacity for implementing consumers’ sustainable practices. The reported causality is important for micro and macro policy decision-makers so they can regulate measures more reliably according to specific cities and countries and distribute scarce resources relevant to sustainable consumer practices. The paper contributes to the sustainable consumption theory by developing of new theoretical construction that combine the different sustainability featured variables. The introduction of policy measures for sustainable consumer behaviour, which at the same time require greater sacrifice, will depend on consumer income and their ability to meet the costs of environmentally friendly activities.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100408
Issue No: Vol. 10, No. 4 (2022)
- Impact of Tourism Development on Latent Entrepreneurship in BRICS
Countries
Authors: Folorunsho M. Ajide
Pages: 143 - 154
Abstract: Objective: The goal of this study is to provide empirical evidence on the nexus between tourism development and latent entrepreneurship in BRICS (Brazil, Russia, India, China and South Africa) countries. The study includes a number of control variables such as economic complexity and foreign direct investment to ascertain the impact of these variables on latent entrepreneurship in leading emerging economies. Research Design & Methods: The study uses panel data of BRICS countries within a period of 2001-2020. The paper employs quantitative method including Panel Dynamic Ordinary Least Square approach to analyze the data. Findings: The results show that tourism provides greater opportunities for latent entrepreneurs in BRICS countries. The results further show that economic complexity does not spur entrepreneurial inspirations while foreign direct investment improves entrepreneurial development in BRICS economies. Implications & Recommendations: The study concludes that policymakers should concentrate efforts on improving the tourism sector in order to accelerate the pace of entrepreneurial development. Appropriate policies should be implemented to further ease the doing business activities in the group of BRICS economies. Contribution & Value Added: The study adds value to the literature by providing empirical analysis on the nexus between tourism development and entrepreneurship. The study focuses on BRICS countries to see how tourism development springs up entrepreneurial inspiration among the adults in emerging economies. The study models entrepreneurship function within the framework of panel co-integrating regression approach. This is a powerful technique that accounts for endogeneity and serial correlation based on first-different stationary of the variables.
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100409
Issue No: Vol. 10, No. 4 (2022)
- From Here to Eternity: An Empirical Analysis of the Goal Sys-tem of Family
Wineries
Authors: Nóra Vajdovich, Balázs Heidrich, Szilárd Németh, Krisztina Németh
Pages: 155 - 179
Abstract: Objective: The objective of the article is to learn and analyse the goals of Hungarian family business wineries. Research Design & Methods: The family business goals dimensionality model of Basco formed the basis of the research. After analysing Basco's four dimensions, the goals were also examined according to a new model to gain a deeper insight into the antecedents and driving forces of firm-wide goals. The main design of the study is qualitative and the research sample size, the number of the interviews are 21. The analysis tool used is NVivo 12software. Findings: The research supports the evolutionary features already described in the literature, which Hungarian family businesses must face. An important conclusion of the study is that issues relating to innovation, awareness, growth, and development almost exclusively concern products, services, and more sustainable use of natural resources. Development goals relating to management or governance were not found. Implications & Recommendations: Owners and managers, especially second generation ones should focus much more on the organisation development of their companies. No short or medium term development plans have been found in the wineries. Contribution & Value Added: A further elaborated model of the Basco multidimensional goal model has been developed based on the empirical study. Furthermore, four managerial dilemmas have been identified which have a definitive impact on the future development of the mainly first generation family business wineries. Article type: research article Keywords: family business; economic and non-economic goals; wine sector
PubDate: 2022-12-30
DOI: 10.15678/EBER.2022.100410
Issue No: Vol. 10, No. 4 (2022)
