Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110310
Jacek Rodzinka, Tomasz Skica, Elżbieta Ociepa-Kicińska, Rafał Czyżycki
Objective: The article aims to determine the influence of specific entrepreneurship support instruments in each type of municipality on the increase entrepreneurship level as measured by the number of newly established companies in the area. Research Design & Methods: A survey was conducted among 896 Polish municipalities, asking about four areas of entrepreneurship support: cooperation of the commune with entrepreneurs; finance, tax, and administration support; attracting investors, granting external funds by the commune; and supporting non-govern-mental organizations. To determine the relationship between the type of commune, the instrument used, and the effectiveness of the tool used, we used a generalized reduced gradient non-linear algorithm. Findings: The study results proved that there is no one universal area or instrument that would guarantee with high probability success in the form of an increase in the level of entrepreneurship in a municipality, regardless of its type. It was shown that in specific types of municipalities, it is possible to identify tools that are more effective than others. Implications & Recommendations: This knowledge can and should provide important guidance to decision-makers at the local level, showing tools that may work better in their type of municipality. Contribution & Value Added: The identification of specific tools that work for a particular type of municipality is an important stimulus in the discussion on strengthening the effectiveness of Polish municipalities’ policies.
{"title":"What works and what does not work in local entrepreneurship support policy?","authors":"Jacek Rodzinka, Tomasz Skica, Elżbieta Ociepa-Kicińska, Rafał Czyżycki","doi":"10.15678/eber.2023.110310","DOIUrl":"https://doi.org/10.15678/eber.2023.110310","url":null,"abstract":"Objective: The article aims to determine the influence of specific entrepreneurship support instruments in each type of municipality on the increase entrepreneurship level as measured by the number of newly established companies in the area. Research Design & Methods: A survey was conducted among 896 Polish municipalities, asking about four areas of entrepreneurship support: cooperation of the commune with entrepreneurs; finance, tax, and administration support; attracting investors, granting external funds by the commune; and supporting non-govern-mental organizations. To determine the relationship between the type of commune, the instrument used, and the effectiveness of the tool used, we used a generalized reduced gradient non-linear algorithm. Findings: The study results proved that there is no one universal area or instrument that would guarantee with high probability success in the form of an increase in the level of entrepreneurship in a municipality, regardless of its type. It was shown that in specific types of municipalities, it is possible to identify tools that are more effective than others. Implications & Recommendations: This knowledge can and should provide important guidance to decision-makers at the local level, showing tools that may work better in their type of municipality. Contribution & Value Added: The identification of specific tools that work for a particular type of municipality is an important stimulus in the discussion on strengthening the effectiveness of Polish municipalities’ policies.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136207042","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110203
Tom Ingram, Teresa Kraśnicka
{"title":"The interplay of dynamic capabilities and innovation output in family and non-family companies: The moderating effect of environmental dynamism","authors":"Tom Ingram, Teresa Kraśnicka","doi":"10.15678/eber.2023.110203","DOIUrl":"https://doi.org/10.15678/eber.2023.110203","url":null,"abstract":"","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"2 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79791776","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110109
Aviva Aronovitch, C. Gibaldi
{"title":"The importance of grit and its influence on female entrepreneurs","authors":"Aviva Aronovitch, C. Gibaldi","doi":"10.15678/eber.2023.110109","DOIUrl":"https://doi.org/10.15678/eber.2023.110109","url":null,"abstract":"","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"66 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89404561","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110202
Quoc Hoang Thai, K. Mai
Objective: The objective of the article is to review entrepreneurial culture (EC) literature by seeking, analysing, and synthesising the research findings of extant journal articles. This study aims to demonstrate the evolutionary trends and current trends in EC research, which cannot be found in extant literature reviews of EC due to the limited number of analysed articles which focused only on the associations be-tween national EC (NEC) and entrepreneurship. Research Design & Methods: This research employed a systematic literature review (SLR) approach. The research technique of Garrard (2004) was utilized to create an SLR matrix to analyse the EC literature in peer-reviewed English journal articles. This study gathered and analysed 83 publications in 57 journals in the period between 1992 and 2021. Findings: The article proposes four essential outcomes as the results of integrating the information that was investigated and approved in the literature. Firstly, there is an extreme development tendency in the number of EC articles which started rapidly in 2012. Secondly, this study offers the holistic framework of NEC which is the combination of five forms or indications including needs and motives, beliefs and behaviours, cognition, cultural values (societal and individual levels), and social context; while organizational entrepreneurial culture (OEC) is a unidimensional construct or a combination of the organizational characteristics that stimulates, promotes, and sustains the entrepreneurial activities of the organizations. Thirdly, this research generated two nomological networks that recapitulate and display the causal relationships of both veins of EC, which can be employed and expanded to enrich institutional theory and social cognitive theory. Finally, it provides promising research areas for future EC research in terms of research context, research design, theory, framework, measurement, and nomological network of NEC and OEC. Implications & Recommendations: These findings provide meaningful implications for both theory and practice. In the theoretical context, we integrated and described the most recent and exclusive trends, frameworks, theories, measurements of both veins of EC and their causal relationships, and the research guideline for further research, thus, contributing to the theoretical development in EC literature. In a practical context, two nomolog-ical networks of EC contribute to the positive perceptions, awareness, and acknowledgement of the importance of developing and sustaining an appropriate EC amongst individuals, organizations, and nations. Contribution & Value Added: This research integrates and demonstrates the most recent and exclusive trends, frameworks, theories, and measurements of EC and their causal relationships, proposing the research guideline for further studies. By offering the evolutionary trend of EC articles, this study provides evidence for selecting a suitable methodology through which future resea
{"title":"An evolution of entrepreneurial culture studies: A systematic literature review and future research agenda","authors":"Quoc Hoang Thai, K. Mai","doi":"10.15678/eber.2023.110202","DOIUrl":"https://doi.org/10.15678/eber.2023.110202","url":null,"abstract":"Objective: The objective of the article is to review entrepreneurial culture (EC) literature by seeking, analysing, and synthesising the research findings of extant journal articles. This study aims to demonstrate the evolutionary trends and current trends in EC research, which cannot be found in extant literature reviews of EC due to the limited number of analysed articles which focused only on the associations be-tween national EC (NEC) and entrepreneurship. Research Design & Methods: This research employed a systematic literature review (SLR) approach. The research technique of Garrard (2004) was utilized to create an SLR matrix to analyse the EC literature in peer-reviewed English journal articles. This study gathered and analysed 83 publications in 57 journals in the period between 1992 and 2021. Findings: The article proposes four essential outcomes as the results of integrating the information that was investigated and approved in the literature. Firstly, there is an extreme development tendency in the number of EC articles which started rapidly in 2012. Secondly, this study offers the holistic framework of NEC which is the combination of five forms or indications including needs and motives, beliefs and behaviours, cognition, cultural values (societal and individual levels), and social context; while organizational entrepreneurial culture (OEC) is a unidimensional construct or a combination of the organizational characteristics that stimulates, promotes, and sustains the entrepreneurial activities of the organizations. Thirdly, this research generated two nomological networks that recapitulate and display the causal relationships of both veins of EC, which can be employed and expanded to enrich institutional theory and social cognitive theory. Finally, it provides promising research areas for future EC research in terms of research context, research design, theory, framework, measurement, and nomological network of NEC and OEC. Implications & Recommendations: These findings provide meaningful implications for both theory and practice. In the theoretical context, we integrated and described the most recent and exclusive trends, frameworks, theories, measurements of both veins of EC and their causal relationships, and the research guideline for further research, thus, contributing to the theoretical development in EC literature. In a practical context, two nomolog-ical networks of EC contribute to the positive perceptions, awareness, and acknowledgement of the importance of developing and sustaining an appropriate EC amongst individuals, organizations, and nations. Contribution & Value Added: This research integrates and demonstrates the most recent and exclusive trends, frameworks, theories, and measurements of EC and their causal relationships, proposing the research guideline for further studies. By offering the evolutionary trend of EC articles, this study provides evidence for selecting a suitable methodology through which future resea","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"16 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87106691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110101
Wojciech Grabowski, J. Janus, Ewa Stawasz-grabowska
This study investigates the effects of monetary policy interventions in Central and Eastern European (CEE) economies on shifts in financial market linkages during the Covid-19-induced crisis. We explore the market reaction to both standard and non-standard (e.g., quantitative easing) monetary policy announcements by central banks in Czechia, Hungary, Poland, and Romania, and analyse the way they affected sovereign bond and stock market linkages. The analysis is further extended to include international spill-over effects. Research Design & Methods: We first quantify a set of time-varying asset correlations using asymmetric generalised DCC-GARCH models and daily data on financial asset returns. Going beyond the domestic stock-bond interdependencies, we explore cross-border connectedness between CEE economies, Germany, and the US. Next, we investigate the effects of detailed central bank announcements, as they unfolded during the Covid-19 crisis.
{"title":"The effects of monetary policy response to the Covid-19 crisis on dynamic connectedness across financial markets in Central and Eastern Europe","authors":"Wojciech Grabowski, J. Janus, Ewa Stawasz-grabowska","doi":"10.15678/eber.2023.110101","DOIUrl":"https://doi.org/10.15678/eber.2023.110101","url":null,"abstract":"This study investigates the effects of monetary policy interventions in Central and Eastern European (CEE) economies on shifts in financial market linkages during the Covid-19-induced crisis. We explore the market reaction to both standard and non-standard (e.g., quantitative easing) monetary policy announcements by central banks in Czechia, Hungary, Poland, and Romania, and analyse the way they affected sovereign bond and stock market linkages. The analysis is further extended to include international spill-over effects. Research Design & Methods: We first quantify a set of time-varying asset correlations using asymmetric generalised DCC-GARCH models and daily data on financial asset returns. Going beyond the domestic stock-bond interdependencies, we explore cross-border connectedness between CEE economies, Germany, and the US. Next, we investigate the effects of detailed central bank announcements, as they unfolded during the Covid-19 crisis.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"1 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75344854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110207
J. López-Lemus
{"title":"Does human resource performance contribute to the success of the university entrepreneurial project?","authors":"J. López-Lemus","doi":"10.15678/eber.2023.110207","DOIUrl":"https://doi.org/10.15678/eber.2023.110207","url":null,"abstract":"","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"1 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74628055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110106
Kyeong-Hee Kang, Lifu Li, O. Sohaib
{"title":"Graduates’ intention to develop live commerce: The educational background perspective using multi-group analysis","authors":"Kyeong-Hee Kang, Lifu Li, O. Sohaib","doi":"10.15678/eber.2023.110106","DOIUrl":"https://doi.org/10.15678/eber.2023.110106","url":null,"abstract":"","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"183 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74649799","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110312
Henryk Gurgul, Łukasz Lach, Marcin Suder, Karol Szpyt
Objective: The study focused on verifying the impact of the calendar and seasonal effects on the accuracy of forecasts of cash withdrawals from automated teller machines (ATMs). In this article, we investigated a possible use of the so-called trigonometric seasonality, the Box-Cox transformation, ARMA errors, trend, and seasonal components (TBATS) models to forecast withdrawals from ATMs. In practice, the SARIMA model is widely used as a forecasting tool. However, the major limitation of SARIMA models is that it allows just one single seasonality pattern to be taken into account, e.g., weekly seasonality. At the same time, cash withdraw-als from ATMs display overlapping multi-seasonality. Therefore, the goal of this article is to compare the SARIMA model with the TBATS model, both in basic forms and forms extended with event-specific dummies. Research Design & Methods: Empirical research was conducted by means of fitting SARIMA and TBATS models to daily time series of withdrawals from 74 ATMs managed by one of the largest ATM operators in Poland. The dataset covered the period of 2017-2019. Findings: Forecasting levels of cash withdrawals plays a crucial role in the management of ATM networks, both in the case of a single ATM as well as the whole network. Prediction accuracy has a direct impact on the operational costs of the network. These costs result from activities such as freezing cash in an ATM, preparing it, and transporting it to an ATM. Therefore, the choice of a proper forecast model is of special importance. According to statistical evidence in our study, the basic TBATS model gives more accurate forecasts than the basic SARIMA model widely used in practice. Implications & Recommendations: The multi-seasonality of ATM withdrawals means that it is necessary to use techniques that take such phenomena into account in a single joint model. Multi-seasonality can be modelled using TBATS models. The study confirmed that TBATS models can be considered useful alternatives in planning cash replenishments in ATM networks. Contribution & Value Added: This article is an extensive empirical study on the selection of proper methods and forecasting models necessary to predict withdrawals from ATMs with overlapping multi-seasonalities and calendar effects. We proved that taking seasonal and calendar effects into account when forecasting withdrawals from ATMs significantly reduces forecast errors. Statistically significant improvement in forecast accuracy was observed both for SARIMA and TBATS. After taking calendar effects into account, TBATS forecast errors were slightly smaller than those resulting from corresponding SARIMA models. However, this result is statistically insignificant. The results of this study imply a need for further studies on the applications of TBATS models in forecasting the required cash level in ATMs, which in turn may help improve the efficiency of ATMs network management.
{"title":"Using trigonometric seasonal models in forecasting the size of withdrawals from automated teller machines","authors":"Henryk Gurgul, Łukasz Lach, Marcin Suder, Karol Szpyt","doi":"10.15678/eber.2023.110312","DOIUrl":"https://doi.org/10.15678/eber.2023.110312","url":null,"abstract":"Objective: The study focused on verifying the impact of the calendar and seasonal effects on the accuracy of forecasts of cash withdrawals from automated teller machines (ATMs). In this article, we investigated a possible use of the so-called trigonometric seasonality, the Box-Cox transformation, ARMA errors, trend, and seasonal components (TBATS) models to forecast withdrawals from ATMs. In practice, the SARIMA model is widely used as a forecasting tool. However, the major limitation of SARIMA models is that it allows just one single seasonality pattern to be taken into account, e.g., weekly seasonality. At the same time, cash withdraw-als from ATMs display overlapping multi-seasonality. Therefore, the goal of this article is to compare the SARIMA model with the TBATS model, both in basic forms and forms extended with event-specific dummies. Research Design & Methods: Empirical research was conducted by means of fitting SARIMA and TBATS models to daily time series of withdrawals from 74 ATMs managed by one of the largest ATM operators in Poland. The dataset covered the period of 2017-2019. Findings: Forecasting levels of cash withdrawals plays a crucial role in the management of ATM networks, both in the case of a single ATM as well as the whole network. Prediction accuracy has a direct impact on the operational costs of the network. These costs result from activities such as freezing cash in an ATM, preparing it, and transporting it to an ATM. Therefore, the choice of a proper forecast model is of special importance. According to statistical evidence in our study, the basic TBATS model gives more accurate forecasts than the basic SARIMA model widely used in practice. Implications & Recommendations: The multi-seasonality of ATM withdrawals means that it is necessary to use techniques that take such phenomena into account in a single joint model. Multi-seasonality can be modelled using TBATS models. The study confirmed that TBATS models can be considered useful alternatives in planning cash replenishments in ATM networks. Contribution & Value Added: This article is an extensive empirical study on the selection of proper methods and forecasting models necessary to predict withdrawals from ATMs with overlapping multi-seasonalities and calendar effects. We proved that taking seasonal and calendar effects into account when forecasting withdrawals from ATMs significantly reduces forecast errors. Statistically significant improvement in forecast accuracy was observed both for SARIMA and TBATS. After taking calendar effects into account, TBATS forecast errors were slightly smaller than those resulting from corresponding SARIMA models. However, this result is statistically insignificant. The results of this study imply a need for further studies on the applications of TBATS models in forecasting the required cash level in ATMs, which in turn may help improve the efficiency of ATMs network management.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136207045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110309
Hanna Godlewska-Majkowska, Agnieszka Komor, Tomasz Pilewicz, Patrycjusz Zarębski
Objective: The objective of this article is to investigate the relationship between the wealth of the regional environment of a smart organisation and the entrepreneurship level, based on examples of EU regions. Research Design & Methods: This article is based on a quantitative, cartographic analysis combined with a critical analysis of the literature on the subject. Using the method of linear ordering of standardised summary data based on data for European regions, an innovative model of smart IT resources, knowledge and relationships were developed to study their impact on the development of entrepreneurship and innovative enterprises. The model was tested for three groups of firms: in general aggregation, groups engaged in product innovation, and groups engaged in business innovation. The study covered data for 240 regions from 22 EU member states. Findings: The literature lacks a clear definition and measurement methods for smart organizations. The most important resources for their development are relational, IT, human and Research and Development capital, which are also crucial for modern companies. There is no correlation between a region’s prosperity and overall entrepreneurship, but there is a clear link between high potential for smart organization development and smart business development. Research shows a link between innovative enterprise development and IT, relational capital and scientific research capital. Implications & Recommendations: Smart organizations in innovative environments drive socioeconomic development through technological entrepreneurship and digital equivalents of traditional products and services. Dig-italization of the economy through smart organizations is crucial for micro and meso-level competitive advantage. To identify key mechanisms, public statistics must be adapted to the needs of the digital economy. Contribution & Value Added: This article proposes measuring the relationship between regional potential for smart organizations and entrepreneurship, with a new methodology and approach to support regional management in digitalization. It highlights that IT, human, and research and development capital are key factors for entrepreneurship, and offers a new definition of entrepreneurship. The article also identifies a research gap in the theory of locating innovative enterprises.
{"title":"The regional environment of smart organisations as a source for entrepreneurship development in the EU","authors":"Hanna Godlewska-Majkowska, Agnieszka Komor, Tomasz Pilewicz, Patrycjusz Zarębski","doi":"10.15678/eber.2023.110309","DOIUrl":"https://doi.org/10.15678/eber.2023.110309","url":null,"abstract":"Objective: The objective of this article is to investigate the relationship between the wealth of the regional environment of a smart organisation and the entrepreneurship level, based on examples of EU regions. Research Design & Methods: This article is based on a quantitative, cartographic analysis combined with a critical analysis of the literature on the subject. Using the method of linear ordering of standardised summary data based on data for European regions, an innovative model of smart IT resources, knowledge and relationships were developed to study their impact on the development of entrepreneurship and innovative enterprises. The model was tested for three groups of firms: in general aggregation, groups engaged in product innovation, and groups engaged in business innovation. The study covered data for 240 regions from 22 EU member states. Findings: The literature lacks a clear definition and measurement methods for smart organizations. The most important resources for their development are relational, IT, human and Research and Development capital, which are also crucial for modern companies. There is no correlation between a region’s prosperity and overall entrepreneurship, but there is a clear link between high potential for smart organization development and smart business development. Research shows a link between innovative enterprise development and IT, relational capital and scientific research capital. Implications & Recommendations: Smart organizations in innovative environments drive socioeconomic development through technological entrepreneurship and digital equivalents of traditional products and services. Dig-italization of the economy through smart organizations is crucial for micro and meso-level competitive advantage. To identify key mechanisms, public statistics must be adapted to the needs of the digital economy. Contribution & Value Added: This article proposes measuring the relationship between regional potential for smart organizations and entrepreneurship, with a new methodology and approach to support regional management in digitalization. It highlights that IT, human, and research and development capital are key factors for entrepreneurship, and offers a new definition of entrepreneurship. The article also identifies a research gap in the theory of locating innovative enterprises.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"369 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136207046","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-01DOI: 10.15678/eber.2023.110210
Mohammed Al-Mannaei, O. Al-Jayyousi, Asif Mahmood, U. Dornberger, Noor Al-Jayousi
Objective: This article aims to identify the role of ICT infrastructure and knowledge creation on innovation outcomes based on the technology innovation system (TIS) framework to stimulate innovation in financial technology (fintech) in Bahrain. Research Design & Methods: This study employed the framework of the technology innovation system (as a sub-set of the national innovation system (NIS)) as a theoretical framework, with variables that were extracted from four major innovation theories. The study evaluated the fintech innovation sector in several commercial banks and government institutions in the Kingdom of Bahrain using a survey questionnaire. The data were collected from 119 respondents, and analyzed through partial least squares structural equation modelling(PLS-SEM). Findings: The results showed that knowledge creation, ICT infrastructure, and knowledge diffusion impacted innovation outputs through knowledge impact. Moreover, knowledge creation did not affect innovation outputs directly but through knowledge creation. Implications & Recommendations: The study would be invaluable for the financial managers of fintech industries in implementing strategies as well as for the policymakers in integrating financial technology innovations into the financial system. Contribution & Value Added: The study uniquely explains the role of knowledge impact between knowledge creation, ICT infrastructure, knowledge diffusion, and innovation outputs.
{"title":"Evaluating innovation performance for financial technology within the national innovation system: A case study of the Kingdom of Bahrain","authors":"Mohammed Al-Mannaei, O. Al-Jayyousi, Asif Mahmood, U. Dornberger, Noor Al-Jayousi","doi":"10.15678/eber.2023.110210","DOIUrl":"https://doi.org/10.15678/eber.2023.110210","url":null,"abstract":"Objective: This article aims to identify the role of ICT infrastructure and knowledge creation on innovation outcomes based on the technology innovation system (TIS) framework to stimulate innovation in financial technology (fintech) in Bahrain. Research Design & Methods: This study employed the framework of the technology innovation system (as a sub-set of the national innovation system (NIS)) as a theoretical framework, with variables that were extracted from four major innovation theories. The study evaluated the fintech innovation sector in several commercial banks and government institutions in the Kingdom of Bahrain using a survey questionnaire. The data were collected from 119 respondents, and analyzed through partial least squares structural equation modelling(PLS-SEM). Findings: The results showed that knowledge creation, ICT infrastructure, and knowledge diffusion impacted innovation outputs through knowledge impact. Moreover, knowledge creation did not affect innovation outputs directly but through knowledge creation. Implications & Recommendations: The study would be invaluable for the financial managers of fintech industries in implementing strategies as well as for the policymakers in integrating financial technology innovations into the financial system. Contribution & Value Added: The study uniquely explains the role of knowledge impact between knowledge creation, ICT infrastructure, knowledge diffusion, and innovation outputs.","PeriodicalId":11726,"journal":{"name":"Entrepreneurial Business and Economics Review","volume":"40 1","pages":""},"PeriodicalIF":3.8,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76177183","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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