scholarly journals A Study on the Influence of Entrepreneurial Competence Characteristics on the Sustainability of Entrepreneurs -Focused on the Mediating Effects of Entrepreneurial Mentoring

2020 ◽  
Vol 11 (2) ◽  
pp. 12
Author(s):  
Sung-Je Lee ◽  
Inchae Park

Background/Objectives: Many studies have shown that the ability of a startup to have a significant impact on the sustainability of the startup, but no studies have been conducted on whether the ability of the startup to influence startup sustainability using startup mentoring. Therefore, this study investigated whether the founder's competency characteristics influence sustainability through the medium of start-up mentoring.Methods/Statistical analysis: The study subjects were early founders, and the survey was conducted as a survey method. The survey items consisted of 62 questions including 12 demographics. The Likert 5-point scale was used for the measurement. For the empirical analysis, frequency analysis, descriptive statistical analysis, exploratory factor analysis, reliability analysis, correlation analysis, regression analysis, and mediation effect analysis were performed using SPSS Ver. 22 statistical package.Findings: The results of the study confirm that entrepreneurial competence characteristics are partially mediated by the characteristics of the technical capability and the strategic thinking capability on the impact of sustainability, and through the research, the organizational capability of entrepreneurial competence characteristics are completely mediated on the impact on the sustainability.Improvements/Applications: In order to secure the sustainability of start-ups, mentors should conduct mentoring by understanding the entrepreneurial competence characteristics. Mentoring that does not fit the entrepreneurial competence characteristics only forces the founder to regenerate time and effort. Mentors should participate in entrepreneurial mentoring with a sense of mission for the national economy and job creation, and government support policies should be tailored to the characteristics of entrepreneurs.

2020 ◽  
Vol 11 (2) ◽  
pp. 22
Author(s):  
Kyung-Ho Yun ◽  
Jung-Wan Hong ◽  
Yen-Yoo You

Background/Objectives: The hybrid start-up is when a worker keeps his or her job and at the same time starts a business. This study is intended to analyze the impact of factors on the hybrid start-up desire and the hybrid start-up intention by applying the Model of Goal-directed Behavior (MGB).Methods/Statistical analysis: After establishing a research model that combines the hybrid start-up with the MGB, a survey was conducted on office workers for one month from December 2019. Of the collected samples, 101 copies suitable for the study were subjected to a statistical analysis such as evaluation of the measurement model and the structural model by using PLS-SEM with SmartPLS 3.0.Findings: The results of empirical analysis showed that attitude, positive anticipated emotion and negative anticipated emotion among the five factors presented in the MGB had a statistically positive effect on the hybrid start-up desire. However, subjective norm and perceived behavioral control didn’t have a statistically significant effect on the hybrid start-up desire. Like other models of goal-directed behavior, the hybrid start-up desire was found to be the most important in the hybrid start-up intention. And, it was also found that there was a mediation effect between the above three factors (attitude, positive anticipated emotion, negative anticipated emotion) and the intention of starting a business. In this study, it suggests that a start-up consulting should be made to take into account the objective aspects in the future, given that the hybrid start-up desire and intention are increased by subjective attitudes and anticipated emotions while not ready for start-up. And considering that most office workers are not ready to start their own businesses and want to consult on their own businesses, there is a need to expand the hybrid start-up consulting.Improvements/Applications: Future researches need to study the effectiveness of a start-up consulting through whether there is any change in the behavioral model before and after a start-up consulting. Research on hybrid start-ups will help improve government policies and systems that encourage office workers to start their own hybrid businesses.


2021 ◽  
Vol 13 (11) ◽  
pp. 6009
Author(s):  
Se-Kyoung Choi ◽  
Sangyun Han ◽  
Kyu-Tae Kwak

What kind of capacity is needed to improve the performance of start-ups? How effective are government support policies in improving start-up performance? Start-ups are critical firm group for ensuring the prospective and sustainable growth of an economy, and thus many countries’ governments have established support policies and they are likely to engage more widely in forward-looking political support activities to ensure further growth and expansion. In this paper, the effect of innovation capabilities and government support policies on start-up performance is examined. We used an unbalanced panel data analysis with a random effect generalized least squares. We investigated the effect of government support policies on 4368 Korean start-ups. The findings indicated that technology and knowledge capabilities had positive effects on the sales performance of start-ups, and government financial support positively affected the relationship between knowledge capability and firm performance. However, when government financial support increased, marketing capability was negatively associated with firm performance. These results demonstrate the significant role of government financial support, including its crowding in but also its crowding out effect. Practical implications: To be more effective, governments should employ innovation-driven entrepreneurship policy approaches to support start-ups. To improve their performance, start-ups need to increase their technology and knowledge capabilities. This study extends recent efforts to understand more fully the effect of government support policies on start-ups differing in their technology, knowledge, and marketing capabilities.


2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alex Maritz ◽  
Quan Nguyen ◽  
Sergey Ivanov

PurposeDespite the significance, university student start-ups and student entrepreneurship ecosystems (SEEs) have been subject to little research. This study aims to apply a qualitative emergent enquiry approach to explore best practice SEEs in Australia, complimented by narratives from leading scholars in higher education institutions with the aim of delineating the integrative components of SEEs.Design/methodology/approachAdopting the entrepreneurial ecosystem framework and aligned to the social cognitive theory, this paper explores the components and dynamics of SEEs, contributing to an understanding of how such components can better support the growth, sustainability and success of student start-ups. The authors extend entrepreneurship research on social construction using narrative research.FindingsThe findings provide guidelines for researchers, entrepreneurship scholars and educators, entrepreneurship students, policymakers and practitioners to enhance the impact and success of university student start-ups by adopting a student ecosystem approach.Research limitations/implicationsThe narratives represent a limited number of universities with an opportunity for further research to empirically measure the impact and outcomes of SEEs. The research is exploratory, inherently conceptual and emergent, providing an opportunity for validation of narrative frameworks in future studies.Practical implicationsThe findings may assist university managers to be more aware of their own subconscious preferences to student entrepreneurship and start-up initiatives, which may be useful in refining their impact and offerings regarding a quest toward the entrepreneurial university.Social implicationsFrom social perspectives, the alignment of the components of SEE has the ability to enhance and shift the entrepreneurial mindset of entrepreneurship students, notwithstanding enhancement of intentionality and self-efficacy.Originality/valueThis is the first study of SEEs in Australia, highlighting the importance of the integration of entrepreneurship education programs, entrepreneurship education ecosystems, the entrepreneurial university and specific start-up initiatives such as university accelerators. Furthermore, students may enhance their entrepreneurial mindset by actively engaging in such ecosystems.


2019 ◽  
Vol 9 (3) ◽  
pp. 69 ◽  
Author(s):  
Štefan Slávik

A start-up already at its origin has to solve the crucial existential condition that is a viable business model. The purpose of the research is to deepen and expand the knowledge about the structure of the start-up business model and its impact on entrepreneurial performance. Field research was carried out in three stages over one and a half years. The source of knowledge about the studied start-ups has been the personal experience recorded in the questionnaire. Start-ups are small closed communities that do not sufficiently shape external partnerships, cannot reach the customers, although they can identify them well enough, try to improve the business model blocks but they do not pay attention to their coordination and perceive the monetization in a simplified way. The impact of the business model on start-up performance has been confirmed but the internal blocks affect business performance unambiguously over the three stages of the research. The best conversion of users to customers and subsequently to revenues are distinctive for the start-ups with their own simple distribution channel and partners who are experienced distributors. The lessons learned can directly improve the results of start-ups when their incompleteness and imperfection will be substituted by appropriate partners. Start-ups provide a space for the new jobs and the self-realization of ambitious people with a sense of service for society. Empirical research on start-ups identifies their weaknesses and possibilities to increase their entrepreneurial performance.


2020 ◽  
pp. 1-17
Author(s):  
Manuel Muñoz-Herrera ◽  
Jacob Dijkstra ◽  
Andreas Flache ◽  
Rafael Wittek

Abstract We develop a model of strategic network formation of collaborations to analyze the consequences of an understudied but consequential form of heterogeneity: differences between actors in the form of their production functions. We also address how this interacts with resource heterogeneity, as a way to measure the impact actors have as potential partners on a collaborative project. Some actors (e.g., start-up firms) may exhibit increasing returns to their investment into collaboration projects, while others (e.g., established firms) may face decreasing returns. Our model provides insights into how actor heterogeneity can help explain well-observed collaboration patterns. We show that if there is a direct relation between increasing returns and resources, start-ups exclude mature firms and networks become segregated by types of production function, portraying dominant group architectures. On the other hand, if there is an inverse relation between increasing returns and resources, networks portray core-periphery architectures, where the mature firms form a core and start-ups with low-resources link to them.


2017 ◽  
Vol 15 (2) ◽  
pp. 159-173 ◽  
Author(s):  
Sulaiman Mouselli ◽  
Bayan Khalifa

This study aims at investigating the factors that affect the entrepreneurial intentions of university students in Syria. The impact of three groups of factors was investigated, demographic, personal, and external factors. The questionnaire survey method was applied. Data was collected from two major universities in Syria: Damascus University and Arab International University and two faculties: Business and Economics, and Informatics and Communication Engineering. We analyze 183 responses from the above-mentioned faculties to understand whether differences exist in entrepreneurial intentions between students from different universities and faculties. Also, we use ordinary least squares to uncover the determinants of entrepreneurial intentions for those students. The results show higher entrepreneurial intentions for Informatics and Communication Engineering and for male students. Moreover, self-efficacy, information and communication, institutional environment come to have positive and significant impacts on entrepreneurial intentions. We recommend that more polices should be directed towards developing female entrepreneurial intents. Also, entrepreneurship training courses should be offered to Informatics and Communication Engineering to enable them turn their intentions into projects. Furthermore, universities should consider establishing entrepreneurship centers, incubators and science parks that foster innovative ideas and support start-ups.


2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
You-Qun Wu ◽  
Huai-Xin Lu ◽  
Xin-Lin Liao ◽  
Jia-Bao Liu ◽  
Jia-Ming Zhu

Based on the theoretical mechanism analysis of FDI, regional innovation, and green economic efficiency, this article uses China’s provincial panel data to calculate the provincial green economic efficiency level based on the three-stage DEA method and uses the system GMM model, intermediary effect model, and threshold model to empirically test the specific effects and transmission paths of FDI on the efficiency of the green economy. Research shows that FDI is one of the important factors that promote the improvement of green economic efficiency. Subregional tests have found that FDI has a significant regional heterogeneity in promoting the efficiency of the green economy. The mediation effect test found that the mediation effect of regional innovation is significant, and FDI can significantly promote the growth of green economic efficiency through regional innovation. The threshold effect analysis found that there are significant and effective double thresholds for regional economic levels, and the impact of FDI on green economic efficiency is heterogeneous within different threshold intervals. The research conclusions provide new inspiration for China to allocate FDI more rationally and efficiently under the new development pattern.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Tahseen Anwer Arshi ◽  
Venkoba Rao ◽  
Sardar Islam ◽  
Swapnil Morande

Purpose Existing business model frameworks show weak conceptual unification, a paucity of measurement focus and limitations when applied in emerging economies. The study proposes a new business model framework – “Start-up Evaluation Calculus Using Research Evidence” (SECURE). The purpose of this study is to allow the measurement of the impact of business model design on start-up performance in emerging economies. Design/methodology/approach Data collected from 713 entrepreneurs in select cities of India, Oman and the United Arab Emirates is analyzed through structural equation modeling. The study uses measurement and structural models to examine the validity of measures and additionally tests the five hypothesized relationships proposed in the study. Findings The SECURE’s components comprising desirability, marketability, feasibility, scalability and viability showed validity and reliability. They synergistically demonstrated a statistically significant effect on a mix of financial and non-financial start-up performance outcomes. An alternative structural relationship that examined the impact of SECURE on only financial performance outcomes showed a weaker model fit. The findings indicate that a business model framework is useful when its ex ante measures show a positive causal effect on the desired performance outcomes. Practical implications The scores obtained by the SECURE framework serve as an evaluative tool that informs entrepreneurs and start-ups on the readiness of their proposed, incubated or existing start-ups. Originality/value Replacing subjective judgments with objective assessment criteria, SECURE is one of the first quantitative and performance-driven business model frameworks that contain measures from all functional domains of a start-up business. Start-ups can evaluate their business models against the SECURE model’s research-driven quantitative criteria and assess their impact on start-up performance.


2020 ◽  
Vol 24 (4) ◽  
pp. 431-440
Author(s):  
Onkar Nath Mishra ◽  
Saurabh Gupta

Newly created ventures face many challenges, of which, successfully competing with rivals is a daunting task. In order to grow, and turn profitable, start-up firms must extensively search for strategies that create and sustain competitive advantage. Adoption of e-commerce is considered as a very potent strategy to beat competitors and generate profits. Taking tourism and hospitality, an information-intensive industry, this study set two primary objectives regarding e-commerce adoption. First, to investigate the antecedents of e-commerce adoption and second, to gather empirical evidences about the impact of e-commerce adoption on such firms. The study was motivated by the paucity of literature on adoption of e-commerce by start-up firms, especially in the tourism and hospitality industry. The empirical results showed that market- and organization-related factors were prime determinants of e-commerce adoption by start-up firms. The study also confirmed the improved performance of tourism and hospitality start-ups as a result of e-commerce adoption.


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