Entrepreneurship Innovation

The global COVID-19 pandemic has created opportunities for the emergence of new entrepreneurial innovations. This has resulted in many individuals being left with no choice but to pursue entrepreneurial ventures because they have either lost their jobs, or breadwinners have succumbed to the virus. The objective of this chapter is to outline the entrepreneurial mindset in detail and how shifts are required to cope with today's uncertain times. An analysis of current extant literature was explored, and cogent findings were used to develop a theoretical framework for entrepreneurial innovation in a post-pandemic society. The literature in this chapter indicated the need for understanding the impact of the current global pandemic on entrepreneurial innovation in order to provide recommendations for policymakers that can stimulate creativity, innovation, and better education in the post-pandemic era.

Factors Affecting Performance of Small & Medium Enterprises: The Mediating Role of Knowledge Management

Entrepreneurial orientation, entrepreneurial innovation, and knowledge management all play critical roles in improving the performance of Pakistan's small and medium-sized enterprises (SMEs). Pakistan's business index score decreased from 137th to 138th due to the country's low performance in the small and medium-sized enterprise sector. Small and medium-sized firms must overcome several obstacles in order for the country's economy to thrive. This study will address this issue. We used a cross-sectional design and a quantitative technique in our research. Data were acquired via an email questionnaire and analyzed using the structural equation modeling technique and SmartPls. The findings suggested that entrepreneur orientation and innovation are critical factors in enhancing the success of SMEs. Additionally, knowledge management acts as a buffer between entrepreneurial attitude and organizational performance, as well as between entrepreneurial innovation and organizational performance. The study's findings have a number of implications for SME management and policymakers, including the importance of innovation and knowledge management in achieving better performance standards.

Diffusing Entrepreneurial Innovation and Tourism: An Empirical Evidence of Permaculture

Entrepreneurial innovation and tourism are essential factors in the economic growth of a rural agrarian area. This paper's concept is from Schumpeterian creative destructions' philosophical idea to shift rural communities' mentality from the product-based economy to diverse tourism entrepreneurship. In achieving and sustaining the development of permaculture as a platform for rural agritourism, the social capital theory of collectivism was employed to foster the development that would deliver socio-cultural, environmental, and economic benefits to all stakeholders in the community. This paper employed a descriptive research design to analyze the diffusion of entrepreneurial innovation and tourism systematically; also, to interpret the community's attitude towards the diffusion of permaculture for agritourism. Furthermore, interviews were conducted with the key informant group among the women organization. The paper subjected its participants’ through a non-probability sampling method using cluster sampling in the three barangays of the municipality of Bokod, Province of Benguet. The study results show that the respondents were willing to accept the permaculture for tourism and were willing to commit time to develop and manage the Permaculture project. They were motivated to accept and to participate in the project because they knew the values and benefits that permaculture would bring to the community. Also, while answering contingency valuation questions, the respondent thought about the value and benefits the project would bring. This study will enable communities to develop agritourism through permaculture landscapes in the rural community and, help policymakers in planning sustainable projects to support the community in entrepreneurial innovation.

The Interplay of Entrepreneurial Innovation, Government Regulation and Performance: any Lessons for The SMEs. A Theoretical Review

Entrepreneurial innovation is acknowledged as a key driver for improving the productivity of small and medium-sized enterprises. The effect of innovation on performance has been extensively researched, but many have overlooked small and medium-sized enterprises and government regulations. This paper provides a study of the current theoretical and empirical literature on entrepreneurial innovation constructs, government regulations and small and medium enterprise performance. The study's specific objectives have been to discuss the main concepts of entrepreneurial innovation, government regulation and performance related to small and medium-size firms. It also aims to establish theories that link entrepreneurial innovation and government regulations; to recommend a conceptual and methodological framework to guide future studies on the identified knowledge gaps. The study was anchored by a resource based view theory supported by dynamic capability theory, Schumpeter’s innovation theory. The study was a review of previous research on entrepreneurial innovation and firm performance. These studies seem to have centered on a direct link between innovation and performance, according to the results. Thus, it is recommended that further research incorporate the small and medium enterprise context to highlight how entrepreneurial innovation affects these enterprises and the moderating variable of government regulations.