• Title/Summary/Keyword: Entrepreneurial Business Model

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Determinants Influencing Entrepreneurial Intention among Undergraduates in Universities of Vietnam

  • BUI, Thi Hong Viet;NGUYEN, Thi Le Thuy;TRAN, Manh Dung;NGUYEN, Thi Anh Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.369-378
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    • 2020
  • The paper aims to identify the determinants that influence entrepreneurial intention among National Economics University graduates. For the sample size, we conducted a questionnaire survey of 250 full-time third-year undergraduates at the National Economics University, with convenience sampling technique. Of those 250 undergraduates, 150 were Business Administration students and 100 Economy Management students. After eliminating invalid responses due to lack of information or low quality information, 215 responses were used (93.07% of respondents) for data analysis. The results show that the factor "Perceived desirability" has the strongest impact on the intention to start a business. It is followed by the factor "Perceived feasibility" in which the "ability to search and plan for start-up" has a stronger influence on undergraduates' entrepreneurial intention than the "leadership and ability to overcome adversity". The hypothesis of a positive relationship between undergraduates' propensity to act and their intention to start a business is also supported in this study. Based on the results, we suggest some recommendations for the university and State management agencies to nurture and develop entrepreneurial intention of undergraduates, forming the young generation of potential entrepreneurs to contribute to the development of emerging countries such as Vietnam, the case study.

The Relationship between Work Values and Entrepreneurial Attitudes: Implications for the Distribution Industry

  • Wang, Haikun;Moon, Jaeseung
    • Journal of Distribution Science
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    • v.17 no.3
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    • pp.57-67
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    • 2019
  • Purpose - This study aims to examine the impact of work values on entrepreneurial attitudes, and test the moderating effect of entrepreneurial opportunity identification on the above mentioned relationship as well. Research design, data, and methodology - A questionnaire survey was conducted to 258 employees who comes from 8 different types of the enterprises in northwestern of China, and the corresponding research model was verified. Results - The results show that "comfort and security" (one dimension of work values) has a significant negative impact on entrepreneurial attitudes. Another two dimensions of work values, such as "competence and growth" and "status and independence" have a significant positive impact on entrepreneurial attitudes. In addition, entrepreneurial opportunity identification has a significant moderating effect on the relations between work values and entrepreneurial attitudes. Specifically, only the entrepreneurship opportunity identification positively moderates the relationship between status & independence and entrepreneurial attitudes. Conclusions - This research further enriches the relevant theories of organizational behavior and entrepreneurships. This study also has guiding significance and value for management practice, especially for this research results implies, that is, individual's ability to entrepreneurial opportunity identification (e.g., identify feasible distribution channel for potential new venture) is important in entrepreneurship.

The Effect of Entrepreneurship on Entrepreneurial Intention: Focusing on Mediating Effects of Fear on Business (대학생의 기업가정신과 창업의도와의 관계 연구: 창업실패두려움의 매개효과를 중심으로)

  • Kim, Jae-Hyoung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.13 no.4
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    • pp.73-82
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    • 2018
  • This research was implemented to check what effects entrepreneurship have on the entrepreneurial intention verify the emotional factor 'Fear on Business' in terms of the relationship between entrepreneurship and the entrepreneurial intention. Above all, in the study Health Belief Model was applied to research into emotional factors, such as 'Fear on Business'. Specifically, it was performed to check what effects 'Fear on Business' has on the entrepreneurial intention and to see if there are any mediating effects between entrepreneurship and the entrepreneurial intention. To achieve the research purposes above, the students who took a business start-up and entrepreneurship related course were surveyed (all 356); and research findings were produced. To summarize the findings, entrepreneurship did influence the entrepreneurial intention significantly. In addition, entrepreneurship significantly influenced 'Fear on Business'. And 'Fear on Business' significantly influenced the EI; it turned out that 'Fear on Business' plays a mediating role between entrepreneurship and the entrepreneurial intention. From these result, it is thought that programs or policies for reducing 'Fear on Business' are needed. Finally, because entrepreneurship can affect the entrepreneurial intention through the medium of 'Fear on Business', it is thought that the government's effort to create a social atmosphere is needed to overcome 'Fear on Business'.

Impact of Entrepreneurial Orientation on Small- and Medium-sized Enterprises' Entrepreneurial Performance: The Mediating Role of Entrepreneurial Knowledge Position (기업가지향성이 중소기업의 기업가적 성과에 미치는 영향: 기업가정신 지식역량의 매개효과 분석)

  • Kim, Jinyoung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.14 no.2
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    • pp.83-93
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    • 2019
  • Responding to the prior studies' call for further investigating the relationship between entrepreneurial orientation and firm performance, this study proposes a partially mediated model of entrepreneurial orientation, entrepreneurial knowledge position, and firm performance. Survey responses from 3,324 small- and medium-enterprises in South Korea are analyzed to identify a partially mediating role of an organization's entrepreneurial knowledge position. A firm's innovativeness both directly affects its innovation performance and knowledge position in positive ways. On the other hand, risk-taking firms only positively affects knowledge position, whereas a firm's proactiveness positively affects its performance while negatively affecting its entrepreneurial knowledge position. Neither autonomy nor competitiveness show any statistically significant relationships to either entrepreneurial knowledge position or firm performance. A firm's knowledge position is strongly and positively related to its performance. The findings of this study contributes to the research stream of entrepreneurial orientation by delineating the partially mediating role of a firm's knowledge position.

Social Networking Site Usage, Social Capital and Entrepreneurial Intention: An Empirical Study from Saudi Arabia

  • HODA, Najmul;FALLATAH, Mahmoud
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.421-429
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    • 2022
  • Entrepreneurship research has focused on several factors that might affect the intention of an individual to start an enterprise. Using principles from social network theory and the entrepreneurial intention model (EI), the current research intends to investigate how social capital is formed on Social Networking Sites (SNS) and how the resulting social capital influences entrepreneurial intention. Using an online survey, 151 valid responses were received from university students. Applying partial least square structural equation modeling, positive and significant relationship was found between the SNS usage and bonding and bridging social capital. Further, it was also found that online-bonding social capital does not impact any of the three antecedents of entrepreneurial intention. On the other hand, online-bridging social capital significantly influences personal attitudes and subjective norms. It was also found that both personal attitude and perceived behavioral control significantly relate to EI, while the subjective norms do not relate significantly to EI. The paper contributes to the literature on technology-based human behavior and entrepreneurship in emerging countries, opening some areas for future research, while also providing some managerial insights. It also should be beneficial to educational institutions in understanding how the use of SNS use by students may be optimized.

A Study on the Influence of Business Motivation, Social Support, and Awareness of Entrepreneurs on Entrepreneurial Intention -Focusing on the Moderating Effect of Drama Role Model- (창업동기, 사회적 지지 및 창업가에 대한 인식이 창업의지에 미치는 영향 -드라마 속 성공모델의 조절효과를 중심으로-)

  • Chang, Soo-Jin;Kim, Jong-Tae
    • Journal of Digital Convergence
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    • v.19 no.8
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    • pp.21-32
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    • 2021
  • The government is focusing its attention and support on start-ups. Nevertheless, there is anxiety and fear about starting a business at the base of public awareness. Experienced as a way to overcome fear and difficulty. Few prior studies have been done on experience factors as ones influencing entrepreneurial intention. In this study, I studied whether the experience of successful entrepreneurship through cultural indirect experience affect the resolution of fear about establishing a business. Among the influencing factors on the entrepreneurial intention, business motivation, social support and awareness of entrepreneur were selected as independent variables. In addition, by applying the cultivation theory, the drama role models were set as a controlling variable. For empirical analysis, a survey was conducted targeting 399 ordinary persons. The hypothesis was tested through regression analysis using the SPSS 23 statistical package. The moderating effect was analyzed using Process Macro 3.5. Self-fulfillment, livelihood, economic motivation, social support, and awareness of entrepreneur are sub-factors of business motivation, And all of these had a positive significant effect on entrepreneurial intention. Among the significant variables, self-fulfillment was found to have the greatest effect. On the other hand, as a result of analyzing the moderating effect of the drama role model, it was found play a role in controlling between self-fulfillment and entrepreneurial intention, between livelihood and entrepreneurial intention, and between awareness of entrepreneur and entrepreneurial intention. Based on these research results, academic and practical implications were presented.

An Empirical Study of Entrepreneurial Intention on Career Orientation and Entrepreneurial Support Programs (경력지향성과 창업지원프로그램이 창업의지에 미치는 영향요인에 관한 실증연구)

  • Yu, Yon-Ho;Yang, Dong-Woo
    • 한국벤처창업학회:학술대회논문집
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    • 2008.11a
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    • pp.59-80
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    • 2008
  • Theoretically, this study reviewed effects that career orientation and entrepreneurial support programs as entrepreneurial support program of participation have on entrepreneurial intention. Based on this review, a research model was made. Then, this study empirically analyzed research hypotheses by classifying universities which establish entrepreneurship courses supported by Small and Medium Business Administration (as of 2006) and ones which do not into Seoul and regions, and business department and engineering department. Results of the empirical analysis were summarized as follows: First, career orientation was not significant in terms of entrepreneurial support program of participation. Second, autonomy orientation, technical competence orientation, managerial competence orientation, and entrepreneurial creativity orientation out of career orientation had significant positive effects on entrepreneurial intention, while security orientation resulted the same significantly positive effects but statistically insignificant. Third, entrepreneurial support program of participation had significant influence on entrepreneurial intention.

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The Effect of Role Model and Entrepreneurship Education on Entrepreneurial Intention of Korean Juvenile (창업역할모델과 기업가정신교육이 한국 청소년들의 기업가정신에 미치는 영향에 관한 연구)

  • Yang, Jun-Hwan
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.2
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    • pp.1-11
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    • 2017
  • Preparing juvenile for future careers in global market becomes one of the most important tasks in education today. This study attests the impact of role model and entrepreneurship education on entrepreneurial intention of Korean secondary school students. Total 217 students participated in this research from 11 different high schools across the country. The result suggests that the role model and entrepreneurship education have significant relationships with entrepreneurship as well as entrepreneurial intention of secondary school students. Entrepreneurship was also positively related with entrepreneurial intention of students. The findings imply that both the role model and entrepreneurship education are crucial elements to foster entrepreneurship as well as entrepreneurial intention of the secondary school students. Practical implications were presented to relevant authorities for takeaway in designing effective pedagogy.

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The Effects of Fear of Failure Factors Affecting Entrepreneurial Intentions of Startup Business Candidate (예비창업자의 실패에 대한 두려움이 창업의도에 미치는 영향)

  • Kim, Soojin;Han, Jungwha;Lee, Sangmyung
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.3
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    • pp.49-61
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    • 2016
  • This study investigates the relationship between fear of failure of potential entrepreneur's psychological characteristics and entrepreneurial intentions using the mediation variables of planned behavior model. There are many existing prior research related to the entrepreneurial intentions, but they were mostly focused only entrepreneurial success factors. So in this study we focused on fear of failure of potential entrepreneur. To know the influence of the fear of failure related to entrepreneurial intention, we using the scale of PFAI (Performances Failure Appraisal Inventory). The purpose of this study is to examine an impact of fear of failure on entrepreneurial intention and add to mediating factors - attitude toward the acts, subjective norm, perceived behavior control - on the relationship between fear of failure and entrepreneurial intention. Also we examined entrepreneurial education as moderating effect in order to offset the fear of failure. In order to test research model, we collected data from 321 undergraduate students. To test the research questions and hypotheses, we employed SPSS 21.0 anf AMOS 18.0 for validity, reliability, confirmatory factor analysis, and structural model analysis. The results were as follows. First, the fear of failure negatively related to attitude toward the behavior and subjective norm. Second, attitude toward the behavior and subjective norm positively related to entrepreneurial intention in consistent with previous studies. Third, attitude toward the acts and subjective norm in TPB variables have full-mediation effects between fear of failure and intrepreneurial intention. Fourth, The moderating effects of entrepreneurial effect was not significant. The negative relationship between fear of failure and attitude toward the acts and subjective norm was even slightly stronger who have taken the entrepreneurial class group. We discuss the theoretical and managerial implications, and provide suggestions for future research.

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A Mediation Model among the Entrepreneurial Orientation, Market Orientation and Business Performance of Non-Profit Organization (비영리조직의 기업가지향성과 시장지향성 그리고 경영성과 간의 매개모형)

  • Hong, Jin-Hyuk;Cho, Dong-Hwan
    • Proceedings of the KAIS Fall Conference
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    • 2011.12a
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    • pp.78-81
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    • 2011
  • The main object of this study is explore to be consider a mediation model on the entrepreneurial orientation, market orientation, and business performance of the non-profit organization in the Western Gyeongnam and Busan Regions of South Korea. As a result, the $H_1$ was not shown to significantly the financial performance, and From $H_2$ to H8 was adopted to be effect on the variable. This study will be able to become data that is suitable system introduction in various field of Not-Profit organization and sector.

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