Business Commons^™

Board Gender Diversity, Ceo Turnover, And Firm Performance In Entrepreneurial Firms, Matthew Imes, Mark West, Jessica West, Shan Yan

The Journal of Entrepreneurial Finance

This article examines recent literature on corporate boards and the interplay between director gender and CEO turnover and how it affects firm performance after CEO turnover. The primary focus is board gender diversity and CEO job embeddedness in entrepreneurial firms. This article discusses gender diversity and the frequency of CEO turnover. This paper finds that board gender diversity is associated with lower CEO involuntary turnovers and better overall performance in entrepreneurial firms. The article highlights how board gender diversity, especially in small firms, provides a unique pathway to create firm value and examines recent evidence on how gender diverse board …

Upstarts T3: An Asynchronous And Cohort-Based Entrepreneurship Train-The-Trainer Program, Surin Kim, Maria Rosario T. De Guzman, Kieu-Anh Do, Irene Padasas, Claire Nicholas, Olivia Kennedy, Anna Erdmann, Andy Larson

The Journal of Extension

UpStarts is a reverse-mentoring youth program designed to foster an entrepreneurial mindset among participants and a sense of connection between youth and adults. Effective facilitators are critical to the success of the program. This paper describes an asynchronous, cohort-based virtual train-the-trainer (T3) program for potential UpStarts facilitators that was developed to navigate the challenges posed by the COVID pandemic. Participants of the initial UpStarts T3 program reported positive feedback for the training and a high sense of efficacy in implementing UpStarts in their communities. The current T3 model is emerging as a promising means of preparing facilitators to implement UpStarts …

Loophole Entrepreneurship, Brian M. Sirman

Fordham Journal of Corporate & Financial Law

All entrepreneurs seek favorable legal or regulatory treatment for their businesses. Sometimes this leads an entrepreneur to build a business within a gap in the law—a loophole. In so doing, these “loophole entrepreneurs” may avoid steep regulatory compliance costs that otherwise would beset (or perhaps prohibit) their businesses, thereby gaining advantages over competitors. Despite these benefits, loophole entrepreneurship is fraught with risks. Loopholes, by nature, are fragile, and their contours are often uncertain. Moreover, the stigma of “exploiting a loophole” (which connotes unfairness or deception) can provoke ill will among competitors, policymakers, and the public.

The ranks of loophole entrepreneurs …

Social Tourism Entrepreneurship As Tool For Development Of Rural Areas: A Case Study Of Himalayan Region Of Jammu & Kashmir, India, Basith Nabi Wani Reseach Scholar, Danish Iqbal Rania Dr

Journal of Tourism Insights

The promotion of rural tourism has been suggested as a way to promote local economic, social, and cultural renewal. The importance of entrepreneurship in the tourism sector is growing. Since entrepreneurs may be vital in the growth of rural communities, especially those in less industrialized regions, they are frequently confronted with a variety of social issues. Finding new sources of revenue and employment possibilities for them is essential. There is no doubt that entrepreneurial businesses help the host community and the nation's economy. Kashmir's rural areas have certain unique characteristics that can be turned into enticing tourist destinations. This study …

Measuring Female Factor In Determinants Of Entrepreneurship: Illustration By Case Of Côte D'Ivoire Through A Quasi-Experimental Ex-Post Approach, Salif Koné

The Journal of Entrepreneurial Finance

Purpose of this article is to find out whether determinants of women entrepreneurship are different from those of men’s entrepreneurship in general and specifically in Côte d’Ivoire. To do this, we conducted a quasi-experimental analysis using non-parametric and parametric approaches to survey data on a sample of 161 entrepreneurs in Côte d'Ivoire, 113 of whom were women and 48 men. Our survey was designed and conducted to neutralize the socio-demographic and conjunctural differences between men and women entrepreneurship in order to produce matched data. Our analysis shows that determinants of male and female entrepreneurship in Côte d'Ivoire are not fundamentally …

Mentoring Women Entrepreneurs: Perceived Needs And Benefits, David W. Whitlock, Ashley J. Hampton, Kitty Campbell

Journal of Business & Entrepreneurship

Women entrepreneurs are a rapidly growing demographic. Mentoring is a recurring theme in the literature as a valuable contribution in helping women entrepreneurs succeed. The roles of mentoring as well as the literature of mentoring relationships is presented, followed by a study in which the demand and perceived benefit for mentoring was conducted among women currently engaged or self-identified as aspiring small business owners and entrepreneurs. Women who participated a conference for female entrepreneurs, jointly sponsored by Southeastern Oklahoma State University and the Oklahoma Small Business Development Center, were surveyed. The survey consisted of five sections: the first gathered respondent’s …

A Comparative Study On Contract-Based And Coproduction-Based Entrepreneurship Training Programs: A Study Case Of Jakarta Province, Fazlur Rahman Hassan, Muhammad Rizqy Anandhika, Maulana Fajrul Izzi

BISNIS & BIROKRASI: Jurnal Ilmu Administrasi dan Organisasi

Training is essential to guide and equip SMEs with the necessary skill sets to adapt to the disruption of the COVID-19 pandemic. The budget limitation urged DKI Jakarta Provincial Government (DJPG) to change their conventional training program for SMEs and arrange an IT-based platform enabling all city entities, including private and non-private sectors, to participate in a coproduction scheme. This study employed the performance outcomes framework to examine the impacts of coproduction in entrepreneurship training for SMEs by comparing contract-based and coproduction-based training conducted by DJPG, including the impacts on the deliverables and budget. The results indicate that overall, coproduction-based …

Social Media Impact On Entrepreneurship Intention: Lessons Learned From Business Startuppers, Panagiotis Mallios, Leonidas Zampetakis, Vassilis Moustakis

Journal of Business & Entrepreneurship

The potential impact of social media use on the development of entrepreneurial intention has received little attention. In addressing this gap, research reported herein extends entrepreneurial intention literature by explicitly incorporating social media use. Inquiry investigates development of intention via specific social media factors that influence intention through its antecedents, namely, perceived entrepreneurial desirability and perceived entrepreneurial feasibility. The article summarizes the salient aspects of a quantitative study of social media usage and startup entrepreneurial intention in Greece. Based on the entrepreneurship event model, theory of planned behavior and technology acceptance and adoption models, this article examines potential social media …

Startup Life May Stop Here: Helping Women Entrepreneurs In Sub-Saharan Africa, Amr Swid, Emily Rukobo, Elizabeth Maro

Journal of Global Business Insights

A great emphasis exists in research on entrepreneurs who start small- to medium-size businesses and who are seizing opportunities outside the corporate world, especially in developing countries like Tanzania. Women entrepreneurs have the highest representation of all entrepreneurs in the Sub-Saharan region. Entrepreneurs everywhere face unique hardships that could determine the fate of their businesses. Women entrepreneurs in the Sub-Saharan region have additional struggles to start and sustain their businesses. The participants in this study were randomly selected from women entrepreneurs who participated in the 2017 NYIT Launch in Moshi, Tanzania. The researchers conducted virtual qualitative interviews and focus groups …

Decoding Underperformance Of Entrepreneurship At The Bottom Of The Pyramid: A Literature Review Of The Field, Amber Y. Chang, Yalan Xu

New England Journal of Entrepreneurship

Purpose – Driving economic development at the bottom of the pyramid (BOP) is an enduring global challenge. While the market-based approach places hope on entrepreneurship as a major impetus to drive the underdeveloped economy, the performance of entrepreneurial businesses and their impact on poverty reduction are sometimes below expectations. This paper seeks to examine the factors that may be hindering entrepreneurship within the BOP context. This paper presents preliminary answers and provides research suggestions related to this question.

Design/methodology/approach – In order to identify the reasons behind the underperformance of entrepreneurship at the BOP, a comprehensive literature review was conducted …

Twenty-Five Years Of New England Journal Of Entrepreneurship: A Bibliometric Review, Younggeun Lee, Satish Kumar, Andrés Felipe Cortés, Riya Sureka, Weng Marc Lim

New England Journal of Entrepreneurship

Purpose: In 2023, the New England Journal of Entrepreneurship (NEJE) reached its 25th anniversary.To commemorate this major milestone as well as entrepreneurship’s growth as an academic field, the study employs bibliometric methods to provide key trends and research suggestions for entrepreneurship scholars using all original research published in the journal.

Design/methodology/approach: The authors perform two predominant bibliometric techniques, performance analysis and science mapping, using all 251 articles published by NEJE from1998 to 2022.

Findings: The authors find that the impact of entrepreneurship research published at NEJE is growing consistently and that the challenge of the future will be to maintain …

John Kuada And Madei Mangori, How To Succeed As An Entrepreneur In Africa: A Practical Guide And Cases (2021), Felix M. Edoho Sr

Markets, Globalization & Development Review

This is a book review of How to Succeed as an Entrepreneur in Africa: A Practical Guide and Cases by Professor John Kuada and Madei Mangori. Despite what is going on about the region, the entrepreneurial success story in African environment is not at all an oxymoron. Across African continent, individuals in several countries, such as Botswana, Ghana, South Africa, and Zimbabwe, have enacted entrepreneurial triumphs, and the success stories are largely untold. Kuada and Mangori now tell the story of successful entrepreneurial ventures across Africa.

Stages Of Entrepreneurship In The International Arena: The Role Of Access To Capital And Developmental Support, Benjamin B. Boozer Jr.

Southern University College of Business E-Journal

Background and Objective: Research addresses shortcomings in studies between a mature and developing economy within stages of development. Prior research has largely been homogenous with emphasis on overall development by country. This research isolates selected countries and stage – intentions, early stage, and established – of development. The main objective is to measure access to capital and developmental support in each stage of entrepreneurial development. Methods: The model considers four independent variables that measure financing, infrastructure, openness of the economy, and governmental support. A change variable isolates effects before and after the 2008 Financial Crisis. Secondary data were obtained from …

Many Flowers Make A Bouquet: A Recipe For Women Entrepreneurs In Smes, Karam Zaki, Hany Shared

Journal of Global Business Insights

Women’s participation and activation of their role in societies are central goals among the UN’s global aims. This research accomplished the following objectives: first, expands the existing knowledge of women’s intentions and their startup desirability for small projects; second, explores the perceived outcomes; and third, develops an action plan based on the current constraints women face when leading small and medium-sized enterprise (SME) projects. Data were collected from an online questionnaire of 433 entrepreneurs based in Saudi Arabia (26.3% university staff, 23.1% project starters, 22.9% bank loan holders, 16.2% university students, and 11.5% leaders). The partial least squares path modeling …

What Factors Affect Entrepreneurial Intention In Sharing Accommodations? The Application Of The Entrepreneurial Event Model, Jaewook Kim, Liang(Rebecca) Tang, Xi Wang, Linan Zhang

Journal of Global Hospitality and Tourism

Hosts of sharing accommodation platforms are considered an evolving mode of entrepreneurs. This study aimed to examine the relationship among entrepreneurship capital (EC), perceived feasibility (PF), perceived desirability (PD), and entrepreneurial intention (EI) in sharing lodging by using the entrepreneurial event (SEE) model. Particularly, EC was evaluated as a second-order factor with four first-order sub-variables: financial, social, intellectual, and human capital (HC). Data were collected from online surveys completed by 328 respondents. Second-order factor analysis and structural equation modeling were used in the analysis. Results confirmed that all four sub-variables contributed to inclusive capital. Inclusive capital positively influenced PF and …

When The Social Networks And Internet Come To The Rescue Of Entrepreneurs: The Problematic Of Crowdfunding In Africa, Omenguele Rene Guy, Mbouolang Yimpi Cedric

The Journal of Entrepreneurial Finance

Since 2007, crowdfunding platforms have abounded on the web. It is estimated at 2.5 billion dollars the potential of the crowdfunding market in sub-Saharan Africa by 2025. The objective of this paper is to make an inventory of Crowdfunding activities in Africa, region with a most restrictive access to bank loan by SMEs, start-ups and young entrepreneurs. It appears from the economic and socio-cultural realities that Africa is a region with more potential catalyst for crowdfunding industry takeoff. However, there are many factors which are presented in this study as potential inhibitors of African CF market competiveness. This study has …

Franchisepreneurship, A 10 Year Case Study, Peggy L. Lane, Michael R. Lane, J. Logan Jones

Journal of Business & Entrepreneurship

An entrepreneurial philanthropist who wanted to help students “get on the field” of owning and operating their own businesses provided funding to name a school of business in the Midwest. He focused on the concept of working with a franchisor to help locate opportunities to get young “franchisepreneurs” started. The University would train the students on how to operate a small business, and the franchisor would help the university locate an underperforming franchise and sell the franchise to a student at a relatively low price. To qualify, a student would have to win a “franchise” competition hosted by the university. …

National Culture Dimensions As Predictors Of Innovation, Creativity, And Entrepreneurship, Louis F. Jourdan Jr., Michael Smith

Journal of Global Business Insights

The purposes of this study were twofold. The first was to encourage other investigators to examine more closely three indices related to economic growth, specifically innovation, entrepreneurship, and creativity. The second was to encourage further investigation of Hofstede’s national culture as explanatory variables. This investigation addressed this research gap by examining the relationships among indices of nations’ creativity, entrepreneurship, and innovation, and their relationships with Hofstede’s (2015) national culture dimensions. No previous research was identified which examined countries’ creativity, entrepreneurship, and innovation in the same study. The relationships among four measures associated with economic development—the Global Innovation Index (GII), the …

The Role Of Perceived Social Support In The Theory Of Planned Behavior In Predicting Entrepreneurial Intention: Evidence From A Nigerian University, Yazeed Muhammed, Mohammed A. Dantsoho, Adamu A. Abubakar

Journal of Global Business Insights

Despite the usefulness of the theory of planned behavior in predicting intention and behavior in different domains, the sufficiency of its use in predicting and determining intention has been debated by many scholars. This paper extended the theory of planned behavior by including social support as a possible determinant of intention in the entrepreneurship domain while looking at one of the largest universities in Nigeria. Data were collected from 432 final year students of Ahmadu Bello University in Zaria using a simple random sampling technique. Structural equation modeling was adopted using partial least square technique for data analysis. Perceived social …

Financial Strategies For Long-Term Success In Women-Owned Small Businesses, Melissa R. Dyer

The Journal of Entrepreneurial Finance

Failure of small businesses many times is because of poor implementation of long-term financial strategies. Women small business owners face many challenges in financing their small businesses because they may not have a financial plan. Interviews with 11 women small business owners in Cleveland County, North Carolina were completed to discuss ways to fund and sustain their small business. The success of women small business owners can strengthen the local economy by stimulating economic growth, increase the quality of life for the owner and their family, and can improve the standard of living in their community.

The Road To Entrepreneurial Success: Business Plans, Lean Startup, Or Both?, Chris Welter, Alex Scrimpshire, Dawn Tolonen, Eseoghene Obrimah

New England Journal of Entrepreneurship

Purpose – The goal of this research is to investigate the relationship between two different sets of practices, lean startup and business planning, and their relation to entrepreneurial performance. Design/methodology/approach – The authors collected data from 120 entrepreneurs across the US about a variety of new venture formation activities within the categories of lean startup or business planning. They use hierarchical regression to examine the relationship between these activities and new venture performance using both a subjective and objective measure of performance. Findings – The results show that talking to customers, collecting preorders and pivoting based on customer feedback are …

Community Development, Quality Of Life, And Community Well-Being: Three Fields Ripe With Opportunities For Future Research And Practice, Craig A. Talmage

Community Development Practice

This perspective piece aims to spur conversations between quality of life, community well-being, and community development scholars and practitioners. The article showcases overlaps in concepts found across journals devoted to those three fields of inquiry. The major themes from those overlaps are discussed, so future directions for interdisciplinary research can be identified. The article finishes with specific attention to exploring how collaborations between the fields of quality of life (QoL), community well-being (CWB), and community development (CD) can better inform community development practice, so that community well-being and quality life can be positively shifted through evidence-based practice.

Regional Advisory Councils To Support Nascent Rural Entrepreneurs, Sharon R. Paynter, Michael L. Harris, Dennis Barber Iii

The Journal of Extension

Traditional economic development efforts have been unable to address the nuances of rural communities. Entrepreneurship can be an important process and a vital component for building rural resiliency. As part of RISE29, a grant funded program, regional advisory councils have been established an act as a crucial extension tool for East Carolina University. The goal of these councils is to incorporate the narrative and discourse of the importance of entrepreneurship as a part of inclusive rural economic development strategies.

Thinking And Designing With Design Thinking, Ahmet Can Ozcan, Yasuko Takayama

Markets, Globalization & Development Review

Design Thinking is a popular phrase especially for the last ten years penetrating into the discourse of management and design, business and academia in many ways. The contributions in the form of articles, commentaries and reviews in this MGDR Design Thinking Special Issue show us the examples, how and where we can use Design Thinking especially as an integral part of the design process. The area of design is expanding in diverse ways lately and sometimes it is causing the confusion such as Design Thinking is either a magical design tool, or another buzzword destined to go extinct after inevitable …

Gender Differences And New Venture Performance, Mayank Jaiswal

New England Journal of Entrepreneurship

Purpose – This study compares the performance of female majority-owned new ventures (FNV) vs. male majority-owned new ventures (MNV). It analyzes the differences in levels of variables such as education, the same industry work experience of owners, and other venture level attributes between FNVs and MNVs. More importantly, this study employs decomposition techniques to determine the individual contribution from the intergender difference of each attribute on the performance of the new venture. For example, the study finds that, on average, the owners of an MNV possessed 3.4 years more of the same industry work experience than their FNV counterparts. This …

Economic Engagement, Development, And Entrepreneurship: The Role Of Applied Public Service Colleges, Jason Jolley, Gilbert Michaud

eJournal of Public Affairs

This paper investigates the unique role of applied public service colleges in engaging with communities through economic development and entrepreneurship-related activities. Schools of public administration, affairs, and service are often distinctively tasked with being public facing, and connecting and working with outside agencies, nonprofits, and other stakeholders. Using a case study of Ohio University’s Voinovich School of Leadership and Public Affairs, we discuss the emerging engagement role of these types of schools through a typology of strategies brought forth by the Association of Public and Land Grant Universities. We outline seven specific programs run by the Voinovich School, and discuss …

Features Of Formation Of The Competitive Environment In Small Business In The Conditions Of Development Of Innovative Economy, Rano Sadikova Phd

The Light of Islam

In a market economy, small business is the leading sector that determines the rate of economic growth, the composition and quality of the gross national product. The development and expansion of the sphere of production and services of small businesses in the Republic will eventually lead to an increase in employment and the development of the country’s economy as a whole.

Further enhancement of the role of small business in the national economy and further improvement of its participation in economic growth largely depends on the state of the competitive environment in this area. It is connected with creation of …

Accelerator Drives Women Entrepreneurs' Success

Business Exchange

This article discusses how the Women in Entrepreneurship Institute in the Driehaus College of Business came to be and profiles several committee members, entrepreneurs in the program, curriculum and networking opportunities.

Innovation Agents, Mirit Eyal-Cohen

Washington and Lee Law Review

The standard narrative of entrepreneurship is one of self-employed creative individuals working out of their garage or independently owned start-up companies. Intrapreneurship— where employees are responsible for being alert to new opportunities inside firms—is another model for developing innovations. Relatively little is known, however, about the latter process through which large, complex firms engage in groundbreaking corporate entrepreneurship.

This Article’s focus is on these types of innovation agents. It provides a thorough account of the positive and negative spillovers of intrapreneurial firms while making the following key points: First, intrapreneurial companies utilize their economies of scale, scope, and age to …

The Role Of Leadership In Business Model Innovation: A Case Of An Entrepreneurial Firm From India, Abrar A. Saiyed

New England Journal of Entrepreneurship

Purpose – The purpose of this paper is to explore the relationship between leadership and business model innovation (BMI) in an entrepreneurial firm. From the literature, it was found that the role of a leader in BMI was unexplored. A research framework was created which was the replication of the model created showing the relationship between leadership and innovation. Design/methodology/approach – The qualitative single in-depth case study was used to understand the effects of leadership in BMI. The case of an entrepreneurial firm in the graphic and animation education sector from India was chosen to test the research framework. The …