Appraising the role of age among senior entrepreneurial intentions. European analysis based on HDI

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Marcelo Augusto Linardi ◽  
Joana Costa
Keyword(s):  
Emerging Economies ◽  
Adult Population ◽  
Capital Allocation ◽  
Individual Characteristics ◽  
Exogenous Variable ◽  
Entrepreneurial Intentions ◽  
Entrepreneurial Activity ◽  
Content Type ◽  
Ex Post

Purpose The research aims to examine the underlying factors of entrepreneurial intentions among seniors. In this vein, it evaluates the role of social context proxied by the human development index (HDI) along with individual characteristics towards these initiatives. Emerging economies deliver great potential for income generation swiftly approaching the standards of their developed counterparts. Their present ageing trends severely threaten growth prospects because of workforce withering. European insights will help anticipating constraints through alternative models of human capital allocation. Design/methodology/approach Four logistic regressions were run to address hypotheses in test, relying upon the global entrepreneurship monitor – adult population survey. Estimations include 20,386 individuals from database and 21 European Union countries. Ex-post robustness checks corroborate the global significance of the proposed model. Findings Empirical findings reinforce the importance of the macroeconomic context among senior endeavours and the non-linearities in terms of the age effect. Moreover, context can help eroding gender gaps in this field and refine the opportunity perception These results go in line with the literature and extend the importance of promoting a favourable ecosystem. Promotion of senior endeavours must consider smart policy packages encompassing the individual singularities as this age range will be too important to be wasted. Senior entrepreneurs are key to the latent job market crisis, needing to be encouraged through positive discrimination. Research limitations/implications Originally, by incorporating an exogenous variable encompassing the role of the entrepreneurial context, this study contributes academically to evaluating the determinants of entrepreneurial activity among the elderly. In addition, the development of cohorts highlights the specific importance of individual characteristics in entrepreneurial propensity in each context. The heterogenous results proves the ineffectiveness of “one sizes fits all” policies. Practical implications This research reinforces extant literature, notwithstanding the empirical refinements implemented brought up two additional perspectives: complementing previous towards the relevance of HDI cohorts along with the non-linearities of the effect of age. Learning from the European context and acknowledging efficacy of policy instruments will avoid serendipitous actions or failures, enhancing promising ecosystems such as emerging economies. Originality/value The study academically contributes to the appraisal of the determinants of entrepreneurial activity among seniors, thus, in an original way, by incorporating an exogenous variable to appraise the role of the context. Development cohorts evidence the existence of singularities in entrepreneurial propensity and individual characteristics according to their levels, such that policy actions should consider their differences.

A review of the role of HEI’s in developing academic entrepreneurship

2015 ◽  
Vol 7 (2) ◽  
pp. 168-188 ◽  
Author(s):  
Lalit Sharma
Keyword(s):  
Developing Economies ◽  
Methodological Approach ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intentions ◽  
Knowledge Level ◽  
Entrepreneurial Education ◽  
Content Type ◽  
Ex Post ◽  
The Impact

Purpose – The prime purpose of the study is to assess the role of education in general and entrepreneurship education in particular in developing youth entrepreneurship in Uttarakhand State, India. The study also tested the methodology based on effectiveness and compared it with the traditional ex post method to find if there is any difference in results. Alternatively, the study also checked whether the students of developing economies are more likely to take up entrepreneurship as a career, which has strongly been contended by some of the recent studies. Design/methodology/approach – The role of education was assessed on two grounds: increase in general awareness and knowledge about entrepreneurship, and development of entrepreneurial intentions and inclination of students. A structured questionnaire was administered on 530 final-year students. The questionnaire tested the interest and intentions of students towards taking up entrepreneurship as a career and also evaluated the level of awareness and knowledge of entrepreneurship among the students. Cross-tabulation, mean values and t-test were used to analyse the results. Findings – The research confirmed that higher education institutions (HEIs) of Uttarakhand have not been very effective in building entrepreneurial awareness and knowledge level of students. Students who studied entrepreneurship subject showed a little better awareness and knowledge level of entrepreneurship, which was found to be statistically significant in comparison to their counterparts, but the mean scores indicated poor knowledge level. As the authors used an ex post method and method based on effectiveness of entrepreneurship education, the authors got two different results for impact of entrepreneurship education on entrepreneurial intentions. More appropriate one being that with the observed level of awareness and knowledge level of entrepreneurship (which was very low); the authors cannot possibly determine the actual impact of entrepreneurial education on entrepreneurial intentions. Practical implications – The research has direct implications for research scholars working in the field of determining the impact of entrepreneurship education on entrepreneurial intentions, entrepreneurship education institutions and also the policymakers. Originality/value – In comparison to most of the earlier studies done to find the impact of entrepreneurship education on entrepreneurial intentions, this study differs in its methodological approach and first of all evaluates the effectiveness and impact of entrepreneurial education in developing entrepreneurial awareness and knowledge of student. The author undertakes that if entrepreneurship education is ineffective in developing the desired level of awareness and knowledge of entrepreneurship, the actual effect of entrepreneurial education on entrepreneurial intentions cannot actually be determined and the authors may not be able to get accurate outcomes of such studies. To justify the stand, author compares the traditional ex post approach with the approach based on effectiveness of the programme and brings into light the difference in outcomes. The proposed approach rests on the premises that education must be absorbed and not just delivered to assess its impact.

Missing entrepreneurs

2019 ◽  
Vol 12 (1) ◽  
pp. 1-33
Author(s):  
Ekaterina Aleksandrova ◽  
Christopher J. Gerry ◽  
Olga Verkhovskaya
Keyword(s):  
Theory Of Planned Behaviour ◽  
Adult Population ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Entrepreneurial Activity ◽  
Planned Behaviour ◽  
Content Type ◽  
Individual Level ◽  
Low Levels ◽  
Entrepreneurial Action

Purpose Compared with other emerging and former command economies, Russia has low levels of entrepreneurial activity and exceptionally low levels of reported entrepreneurial intentions. Drawing on the theory of planned behaviour (TPB), this paper aims to examine the determinants of entrepreneurial intentions in Russia. Design/methodology/approach Using individual level data from two waves (2013 and 2018) of the Global Entrepreneurship Monitor (GEM) survey, the paper presents a range of semi-nonparametric logistic regressions estimating the determinants of reported entrepreneurial intention among the Russian adult population not already engaged in entrepreneurial activity. These data allow for the first empirical exploration of the TPB in the Russian context. Findings The results provide evidence in support of two (“attitudes” and “perceived behavioural control”), from three, origins of the theory of planned behaviour. Firstly, positive attitudes towards entrepreneurship, in the form of employment seeking and direct (own experience) or indirect (experience through social networks) entrepreneurial knowledge are both positively associated with intention. Secondly, individuals who consider their environment to be conducive to entrepreneurship and who believe they have the knowledge and skills required to be entrepreneurs are more likely to intend entrepreneurial action. Originality/value In view of the limited entrepreneurial activity and low levels of reported entrepreneurial intention in Russia, it is important to understand the drivers of these intentions if the appropriate policy responses are to be identified and adopted. This research represents the first substantive efforts to comprehensively examine the determinants of entrepreneurial intentions for Russia and allows us to propose several policy relevant conclusions.

scholarly journals SME international innovation and strategic adaptiveness

2018 ◽  
Vol 35 (2) ◽  
pp. 280-300 ◽  
Author(s):  
Richard B. Nyuur ◽  
Ružica Brecic ◽  
Yaw A. Debrah
Keyword(s):  
Emerging Economies ◽  
Structural Equation ◽  
Hierarchical Regression ◽  
Research Attention ◽  
Content Type ◽  
International Performance ◽  
Strategic Innovation ◽  
Ex Post ◽  
The Social

Purpose The purpose of this paper is to examine the role of small- and medium-sized enterprises’ (SMEs) domestic network structural attributes on their ex post internationalisation strategic innovation and adaptiveness in the host country. Design/methodology/approach The model fit of SME domestic network structural attributes and their ex post international performance was examined using structural equation modelling on data gathered from a sample of 263 SMEs from Croatia, a transition and emerging economy. Hierarchical regression analysis was further performed to test both the direct and moderating effects. Findings The study revealed that domestic network informality (DNF) moderates the link between SME domestic network centrality and their international innovation. Similarly, the findings show that DNF strengthens the negative association between domestic network density and SME international innovation and strategic adaptiveness. Moreover, the study did not find any direct impact of these domestic networks’ structural attributes (density and centrality) on SME international innovation and strategic adaptiveness. Originality/value Scholars have emphasised the importance and urgency for further research attention on the role of networks on SMEs’ internationalisation activities from emerging economies. This study responds to this call, and to the knowledge of the authors, is the first to examine the role of domestic network attributes on SME international performance in emerging economies. The findings provide new insightful contributions to the social network perspective and the international entrepreneurship literatures.

scholarly journals Formal institutions and the development of entrepreneurial activity – the contingent role of corruption in emerging economies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Arezou Harraf ◽  
Hasan Ghura ◽  
Allam Hamdan ◽  
Xiaoqing Li
Keyword(s):  
Emerging Economies ◽  
Corporate Entrepreneurship ◽  
Informal Institutions ◽  
Entrepreneurial Activity ◽  
Future Research ◽  
Formal Institutions ◽  
Business World ◽  
Content Type ◽  
Formal And Informal Institutions ◽  
Control Of Corruption

PurposeThe paper aims to analyse the interplay between formal and informal institutions' and their impact on entrepreneurship rates in emerging economies.Design/methodology/approachThis study expands previous research in examining the moderating effect of control of corruption on the relationship between formal institutions and the development of the entrepreneurial activity. The study utilizes longitudinal analyses of a dataset from 41 emerging economies over 11 years (2006–2016).FindingsFindings provided robust support for the study's hypotheses. The results suggested lower levels of corruption positively moderate the effects of a country's number of procedures and education and training on the rates of entrepreneurial activity, while negatively moderating the effects of firm-level technology absorption on the rates of entrepreneurial activity.Research limitations/implicationsThe study has considered only one particular aspect of high-growth entrepreneurship, which is newly registered firms with limited liability. Although newly registered firms are recognized as one of the critical drivers of entrepreneurial activity. Future research should seek to examine other aspects of growth-oriented entrepreneurship such as activities involving a high level of innovation, corporate entrepreneurship or technology developments.Practical implicationsThis study advanced the existing theories in the field of entrepreneurship and institutional economics as it merged the two theories as a driving framework in the design of the study in the context of emerging economies.Social implicationsThe study tested a theoretical model by expanding the number of emerging economies in the study and found comparable findings that explain factors that may influence the likelihood of individuals entering entrepreneurship.Originality/valueThis article adds to the current literature as it highlights the importance of the interplay of formal and informal institutions in determining their impact on entrepreneurship rates in emerging economies. This is of particular importance to policy-makers, and the business world as the empirical results of this study show the benefits of control of corruption in boosting entrepreneurial rates in these economies, which strive for economic diversification in their developmental endeavours.

Business social networks and academics' entrepreneurial intentions

2014 ◽  
Vol 114 (2) ◽  
pp. 292-320 ◽  
Author(s):  
Virginia Fernández-Pérez ◽  
Patricia Esther Alonso-Galicia ◽  
María del Mar Fuentes-Fuentes ◽  
Lazaro Rodriguez-Ariza
Keyword(s):  
Social Networks ◽  
Structural Equation ◽  
Relevant Information ◽  
Entrepreneurial Intentions ◽  
Financial Networks ◽  
Sample Population ◽  
Research Knowledge ◽  
Psychological Variables ◽  
Content Type

Purpose – This study analyses the role of social networks and their effects on academics' entrepreneurial intentions (AEI), from an academic cognitive perspective. Specifically, the paper investigates how business (distinguishing between industrial and financial links) and personal social networks, through opportunity-relevant information and support, could influence academics' intentions to start a business venture on the basis of their research knowledge. The paper examines the mediator roles of entrepreneurial attitudes (EA) and self-efficacy on opportunity recognition (SOR) as important psychological variables for academics. In the same context, the paper examines the mediator role of gender. Design/methodology/approach – The hypotheses were tested using structural equation modelling analysis, on a sample population of 500 Spanish academics engaged in commercially oriented fields of research. Findings – The results obtained highlight the positive roles played by business (industrial and financial) networks, both directly in promoting AEI, and indirectly via EA and SOR. The paper finds that male and female academics differ in their perceptions of support from business and financial networks and in their use of these resources in business start-up. Practical implications – An understanding of these issues offers opportunities to shape government interventions to assist academic entrepreneurs embarking on a business venture, or those already active in this respect, increasing their effectiveness in building, utilizing and enhancing the quality of networking activities. Originality/value – The paper explores business networking for academics as a factor promoting entrepreneurship. Furthermore, the paper considers an under-researched area that of female entrepreneurship in what is traditionally considered a male-dominated activity.

scholarly journals Post-materialistic values and entrepreneurial intention – the case of Saudi Arabia

2019 ◽  
Vol 26 (1) ◽  
pp. 158-179 ◽  
Author(s):  
Khalid Alammari ◽  
Robert Newbery ◽  
Mohamed Yacine Haddoud ◽  
Emily Beaumont
Keyword(s):  
Saudi Arabia ◽  
Cultural Values ◽  
Structural Equation ◽  
Online Survey ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Entrepreneurial Activity ◽  
Cross Sectional Survey ◽  
Content Type ◽  
Materialistic Values

PurposeThe purpose of this paper is to investigate how cultural values influence the entrepreneurial process. It conceptualises the relationship between post-materialistic values and entrepreneurial intention to explain low entrepreneurial activity.Design/methodology/approachThe study was conducted in Saudi Arabia with non-entrepreneurs. An online survey returned 405 valid questionnaires, representing a 27 per cent response rate. The data were analysed using partial least structural equation modelling.FindingsThe paper identifies key factors that explain the influence of changing cultural values on entrepreneurial activity. The results show that post-materialistic values influence entrepreneurial intention by decreasing desirability and entrepreneurial self-efficacy.Research limitations/implicationsThe study conceptualises the interplay between cultural values and entrepreneurial intention in Saudi Arabia. Further insights can be developed by comparing Saudi Arabia with other countries. The study was conducted as a “snapshot” of the current situation of entrepreneurship in Saudi Arabia with a cross-sectional survey design.Practical implicationsThe paper holds important implications for entrepreneurship educators when addressing unsupportive cultures for entrepreneurial activity. Cultural and motivational approaches are suggested. While the former focuses on aspects that encourage the desire and confidence to start a business, the latter involves encouraging setting venture creation as a goal.Originality/valuePrevious studies indicated that post-materialistic values negatively influence entrepreneurship; this paper contributes further by exploring how this relationship manifests by exploring the intervening factors between post-materialistic values and entrepreneurial intention. It advances entrepreneurship research by investigating deep assumptions underlying the formulation of entrepreneurial intentions. It also responds to the need to understand the difference in the levels of entrepreneurial activity across countries.

The power of peers

2018 ◽  
Vol 24 (1) ◽  
pp. 214-233 ◽  
Author(s):  
Benedetta Bellò ◽  
Veronica Mattana ◽  
Michela Loi
Keyword(s):  
Social Context ◽  
Self Efficacy ◽  
Complex Dynamics ◽  
Mediating Effect ◽  
Entrepreneurial Intentions ◽  
Hierarchical Regression ◽  
Content Type ◽  
Conducting Research ◽  
The Relationship

Purpose Although the role of creativity in the entrepreneurial process has long been analysed, only recently scholars have begun addressing its influence on entrepreneurial intentions, showing that complex dynamics characterise this relationship. The purpose of this paper is to understand the surrounding mechanisms (moderation and mediation) that connect creativity to entrepreneurial intentions, with a focus on social context and entrepreneurial self-efficacy. Design/methodology/approach A structured questionnaire was administered to a sample of 507 students from 17 to 21 years old. The effect of creativity on entrepreneurial intentions and the moderating role of social context were tested with a three-step hierarchical regression, while the mediating effect of self-efficacy was tested by a multiple regression analysis based on the bootstrapping method. Findings The results reveal that: peers who encourage entrepreneurship moderate the relationship between creativity and entrepreneurial intentions by strengthening this relationship, and entrepreneurial self-efficacy mediates the relationship between creativity and entrepreneurial intentions. Research limitations/implications In light of these results, institutions should draw attention to how creative potential in students differs in order to provide new educational programmes to strengthen self-efficacy in entrepreneurial students and support encouraging social context of peers in which entrepreneurial intentions can be fostered. Originality/value The study, by responding to the suggestions of conducting research on the interface between creativity and entrepreneurship (Shane and Nicolaou, 2015), brings new empirical details regarding the mechanisms that link creativity to entrepreneurial intentions. Furthermore, it casts light on the interaction between dispositional and social variables, showing the crucial role of peers in enhancing the interaction between creativity and intentions.

When and whom should retailers offer price reductions in times of crisis?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Haeyoung Jeong ◽  
Siddharth Bhatt ◽  
Hongjun Ye ◽  
Jintao Zhang ◽  
Rajneesh Suri
Keyword(s):  
Design Methodology ◽  
Longitudinal Design ◽  
Critical Role ◽  
Individual Characteristics ◽  
Pricing Strategies ◽  
Consumer Spending ◽  
Content Type ◽  
Turbulent Times ◽  
Offering Price

PurposeWith a decrease in consumer spending during the coronavirus disease 2019 (COVID-19) pandemic, many retailers are offering price reductions to stimulate demand. However, little is known about how consumers perceive such price reductions executed during turbulent times. The authors examine whether the timing of price reductions and individual differences impact consumers' evaluations of the retailers offering such reductions.Design/methodology/approachUsing a longitudinal design, the authors inquire into four retailers' motives that consumers may infer from a price decrease at two different times during the COVID-19 crisis.FindingsThe authors find that the timing of price reductions plays a key role in shaping consumers' inference of retailers' motives. The authors also uncover individual characteristics that affect consumers' inferences.Originality/valueThis research advances the literature by demonstrating the critical role of timing and individual characteristics in consumers' perceptions of price reductions during times of crisis. The authors findings also provide retailers with actionable insights for their pricing strategies. The findings may be generalizable to other types of crises that may arise in the future.

Teaching for creativity and entrepreneurial intentions: an empirical study

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Thuy Thu Nguyen ◽  
Diep Ngoc Do
Keyword(s):  
Active Learning ◽  
Emerging Economies ◽  
Structural Equation ◽  
Methodological Approach ◽  
Entrepreneurial Intention ◽  
Entrepreneurial Intentions ◽  
Learning Methods ◽  
Content Type ◽  
Structural Relationships ◽  
The Impact

Purpose This study aims to investigate the structural relationships between pedagogy methods, creativity and entrepreneurial intentions. This study theorizes that work-integrated and active learning methods positively influence personal creativity, which in turn positively influences entrepreneurial intention. Moreover, entrepreneurial inspiration moderates the impact of creativity on entrepreneurial intentions. Design/methodology/approach A sample of 701 valid questionnaires from university students is used to investigate the proposed research model empirically. As the methodological approach, structural equation modelling with multigroup analysis is used. Findings The statistical results confirm the positive impacts of work-integrated and active learning methods on individual perceived creativity and of creativity on entrepreneurial intentions. Further, inspiration towards entrepreneurship moderates the link between individual creativity and entrepreneurial intentions. Originality/value This research fills the gap in the realm of examining the structural relationship among learning methods, creativity and entrepreneurial intentions in an emerging economy context. Specifically, this study confirms experiential teaching methods as important predictors of the development of students’ creativity capability and the moderating role of entrepreneurial inspiration in the relationship between perceived creativity and entrepreneurial intention. These results add to the academic literature on entrepreneurial intentions in emerging economies and provide new insights into how universities in emerging economies can foster the entrepreneurial intentions of their students.

Retail atmospherics and retail store patronage of supermarkets in emerging economies: mediating role of perceived service quality

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Charles Dokcen ◽  
Vincent Obedgiu ◽  
Gideon Nkurunziza
Keyword(s):  
Service Quality ◽  
Emerging Economies ◽  
Retail Store ◽  
Content Type ◽  
Perceived Service Quality ◽  
Patronage Behavior ◽  
Store Patronage ◽  
Retail Atmospherics ◽  
The Relationship

PurposeThe purpose of the study is to establish the mediating role of Perceived Service Quality on the relationship between Retail Atmospherics and Retail Store Patronage of Supermarkets in Emerging Economies using empirical evidence from Uganda.Design/methodology/approachThe study used a cross-sectional research design and quantitative approach to understand stand the structured reality of Retail Store Patronage of supermarkets in context of emerging economies. In the context of this study, the data were drawn from Uganda's supermarkets. A sample of 1,504 customers were selected from 136,270 customers. Data was collected from supermarket customers using closed ended questionnaire. Descriptive and inferential statistics were derived to describe the behavior of customers and draw conclusions on population using sample statistics. Correlation analysis was used to establish the degree of association between the variables. Hierarchical regression was applied to assess the unique contribution of each variable; control variables-income and age, predictor variables – Retail Atmospherics and Perceived Service Quality on dependent variable – Retail Store Patronage. Mediation was done following the four-step procedures of mediation of Baron and Kenny (1986).FindingsThe results revealed significant positive relationship between Retail Atmospherics, Perceived Service Quality and Retail Store Patronage, confirming the direct hypotheses. Perceived Service Quality partially mediated the relationship between Retail Atmospherics and Retail Store Patronage. The findings depict that Retail Store Patronage is influenced directly by Retail Atmospherics and indirectly through Perceived Service Quality as a mediating variable. However, in situations where the atmospherics is good but perceived service quality is poor, Retail Store Patronage may not be fully realized.Originality/valueThe study provides information that is relevant for filling the practical and theoretical gap in the Retail Store Patronage in Ugandan supermarkets. Previous research studies investigated patronage behavior of shoppers in single retail units yet there is paucity of research on patronage behavior across different retail formats in the world. This study can be generalized and have strategic implications to developing economies that seek to grow and sustain their businesses. It points to the gaps that are normally overlooked and could lead business failure. The focus of most previous studies were on developed economies more especially Europe and America. This study in particular focused on the role of perceived service quality in the relationship between retail atmospherics and customer retail store patronage in emerging economies like Uganda as a testing ground.

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