scholarly journals Entrepreneurship Development Factors which has impact on profit of IT Entrepreneurship

2021 ◽  
Vol 58 (1) ◽  
pp. 5573-5577
Author(s):  
Rajib Kumar Roy, Dr. R. Duraipandian

The aim of this study is to find out the impact of Entrepreneurial Development factors towards the business growth for IT entrepreneurships in Bangalore. Sample is collected from 200 individuals associated with IT entrepreneurships of Bangalore. We have undertaken the 15 entrepreneurship development factors which effect local IT business. We have taken continuous business profit for 3 years as measurement of success factors for the business. During study it was identified that certain Entrepreneurial Development factors has significant impact on business success over other factors. Organisational Functional Competencies Entrepreneurial Competencies Competitive advantage of service and product offered Education of Entrepreneur Availability of suppliers

2021 ◽  
Vol 58 (1) ◽  
pp. 5533-5539
Author(s):  
Rajib Kumar Roy, Dr. R. Duraipandian

the aim of this study is to find out the impact of business internal factors towards the business profit for IT entrepreneurships in Bangalore. We have taken the sample size from 200 companies of Bangalore. We have undertaken the internal factors like IT management skill, organization culture, leadership, project implementation experience, technical, marketing, business cash flow, physical asset, HR function, organization maturity into the consideration. We have taken the business profit and business profit as measurement of success factors for the business. During study it was identified that certain business internal factors i.e. organizational culture, business leader’s skill, technical skill, marketing skill, organization maturity and cash flow has significant impact on business success. Whereas other factors social acceptance of business, social culture, supply of local workforce, demography, business location, climate, law and order, corruption has no impact of significance on IT entrepreneurship’s profit.  


2021 ◽  
Vol 58 (1) ◽  
pp. 5526-5532
Author(s):  
Rajib Kumar Roy, Dr. R. Duraipandian

the aim of this study is to find out the impact of business External factors towards the business growth for IT entrepreneurships in Bangalore. Sample is collected from 200 individuals associated with IT entrepreneurships of Bangalore. We have undertaken the External factors like social acceptance of business, economic condition, technological factor, local culture, Legalities, competitive factor, role of local political environment, media, supply of work force, demography, busines location, climate, low and order, corruptions.  We have taken business growth for 3 years as measurement of success factors for the business. During study it was identified that business External factors i.e. economic condition, media, competitive factor has significant impact on business success.


2021 ◽  
Vol 7 (1) ◽  
pp. 165-194
Author(s):  
Aleksandar Miletić ◽  
Slaviša Trajković ◽  
Gordana Mrdak

Modern businesses emphasize the significance of intellectual property and knowledge as key factors that contribute to achieving competitive advantage. This requires new approaches in management and there is more talk about knowledge management as a process that will raise business efficiency. In a knowledge-based economy, many companies create, acquire and maintain a competitive advantage in a turbulent market with the help of innovation. Innovation Project Portfolio Management is a powerful tool for achieving innovation strategy and it is extremely important that existing knowledge is used in companies and new ones are created based on them. The paper tests the findings of a reference survey conducted in Germany in 2016, which analyzes the impact of strategic orientation on the relationship between innovation portfolio management and business success. The obtained knowledge from the reference research was tested through a questionnaire answered by companies from the Republic of Serbia in order to see their application in business processes and business success.


2016 ◽  
Vol 2 (2) ◽  
pp. 60
Author(s):  
Azmi Umar ◽  
Rohana Ngah

This conceptual paperis to study the relationship         of         entrepreneurial competencies on business success in the context of Malaysian SMEs. Inthe recent study, when the business environment is hostile and dynamic, the entrepreneurial competencies are identified as the most important factor in business success. Entrepreneurial competencies are also connected directly to business performance.Beside     entrepreneurial competencies, the entrepreneurs should also be competent to create an innovation and brand equity for business growth. The innovation and brand equity contributed to competitive advantages that lead to business growth and success. This paper adopts the Resource Based Theory (RBT) which emphasize that entrepreneurial competencies, innovation, and brand equity are valuable and intangible resources that lead towards the success of business. There is a dearth of studies that have examined the influence of innovation and brand equity on the relationship of entrepreneurial competencies on thesuccess of Malaysian SMEs business. Therefore the current study strives to investigate the mediating impact of innovation and brand equity on the relationship between entrepreneurial competencies and SMEs business success. This conceptual study will contribute to the existing body knowledge as well as to entrepreneurs of Malaysian’s SMEs.


2019 ◽  
Vol 31 (5) ◽  
pp. 345-358
Author(s):  
Stavros Papakonstantinidis

Purpose The paper aims to examine the impact of the Greek economic recession on workplace learning. Specifically, it surveys the views of Greek business professionals regarding whether workplace learning could be used as a competitive advantage in achieving business success. Design/methodology/approach The paper follows a qualitative research method and discusses the findings of semi-structured interviews with professionals in various industries in Greece. Findings This study provides evidence of an overall reluctance to adopt formal learning strategies. Although hiring and retaining the best talent at work is seen as a competitive advantage, Greek professionals do not attribute success to formal workplace learning. Instead, digitalization of informal learning becomes essential for acquiring new knowledge. Social implications In the first few years of Greece’s economic recovery, companies aim to keep their budgets low in anything that seems luxurious and ultimately unnecessary. The paper discusses some implications of the implementation of digitalized informal learning in business. Originality/value This study is the first to explore how Greek professionals from various business sectors and managerial levels view workplace learning during the initial years of the country’s economic recovery.


2021 ◽  
Vol 18 (35) ◽  
Author(s):  
Carlos Landeros García ◽  
María Mayela Terán Cázares ◽  
Monica Blanco Jiménez

The importance that the development of Entrepreneurs in business Incubators has been having has caused this investigation to be carried out. In its first stage, it consists in the theoretical review of the factors that give entrepreneurs a competitive advantage in Business Success such as: Coaching, Business Linking, Digital Social Networks and the Entrepreneur Profile. Therefore, the theoretical justification of these factors and the construction and validation of the instrument are presented. A questionnaire of 51 questions was made and to test its reliability it was applied to 30 study subjects. Using the SPSS, the instrument was validated with Cronbach's alpha factors that show reliable values between .700 and .900 and a final questionnaire was obtained with 46 questions. This work provides a theoretical and methodological contribution to support business success.


1994 ◽  
Vol 7 (3) ◽  
pp. 251-262 ◽  
Author(s):  
Joseph H. Astrachan ◽  
Thomas A. Kolenko

Over 600 family firms were involved in this examination of the impact of human resource management (HRM) and professional governance practices on family business success and survival. Our findings identified some of the most prevalent family firm HRM practices and found significant positive correlations among HRM practices, gross firm revenues, and CEO personal income levels. The results support prior arguments for competitive advantage in the marketplace gained through effective use of HRM practices. An interesting additional finding was that while boards of directors, strategic planning, and frequent family meetings were correlated with business longevity over multiple generations, succession planning was not. Such practices are important. for current competitive advantage and may also be crucial to the longevity of the business.


This study investigates how types of corporate social responsibility (CSR) practices (economic, legal, ethical, philanthropic, and environmental) affect competitive advantage and business success in an emerging country. Data were collected by surveying 869 respondents from manufacturing, real estate, trade, and service sectors. The data analysis applied partial least square structural equation modeling. The results showed that ethical, legal, and philanthropic CSR initiatives have a positive effect on competitive advantage. Economic CSR practice is the only factor that affected both competitive advantage and business success. The competitive advantage also directly affected business success. Environmental CSR practice did not show a significant relationship with competitive advantage or business success. The findings of this study may be beneficial in informing managers’ decisions on CSR investment to gain competitive advantage, and in turn, business success in a developing context.


2019 ◽  
Vol 70 (02) ◽  
pp. 147-153
Author(s):  
MUHAMMAD ABRAR ◽  
SAFEER ASIF ALI ◽  
SAJJAD AHMAD BAIG ◽  
FIZA AMJAD ◽  
SHABBIR RIZWAN ◽  
...  

This research study focused on the role of innovation for creating competitive advantage and organic textiles products improvement to develop the organic textiles business in global markets for Pakistan. In this study, innovation is used as a competitive strategy by Pakistani respondents to compete globally. The most critical success factors of organic textile identified in this research include quality, certification (GOTS or Organic Exchange), customer services, brand image,and some other success factors. The theoretical contribution of this study includes the discovery of the types of innovation which exist in organic textile and in which forms these innovations prevail in this industry


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