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NAVIGATING THE UNKNOWN: HOW HEALTHCARE ENTREPRENEURS MANAGE UNCERTAINTY 驾驭未知:医疗企业家如何管理不确定性
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500146
Cristina M. Gilstrap, Thomas Weber, Curt A. Gilstrap
Healthcare entrepreneurs (HCEs) develop and implement solutions to improve processes, structures, and practices. Unfortunately, they also operate in environments with multiple levels of uncertainty because of their industry’s unpredictable, nonlinear, and risk-averse features. Moreover, entrepreneurial uncertainty has been underexplored in the healthcare context. This empirical study examines HCEs’ uncertainty management processes throughout the entrepreneurial process. In-depth interviews were conducted with 25 for-profit and social HCEs across nine sectors in nineteen different states within the United States. We used a mixed methods qualitative approach to analyze, interpret and visualize data, including constant comparative and lexical analyses. Interview data reveals HCEs experience five major uncertainties and utilize distinct strategies to manage those uncertainties. Findings highlight the effect of external environmental conditions on HCEs’ uncertainty, the complexity and interconnectedness of HCEs’ uncertainties, their willingness to utilize a wide repertoire of strategies to cope with uncertainty, and communication’s central role in the management process. We provide practical advice to improve educational, training and professional development initiatives for aspiring, novice and experienced HCEs.
医疗企业家(HCEs)制定并实施改善流程、结构和实践的解决方案。不幸的是,由于其行业的不可预测性、非线性和规避风险的特点,他们也在具有多层次不确定性的环境中工作。此外,创业的不确定性在医疗保健领域也未得到充分探索。本实证研究探讨了医疗保健企业在整个创业过程中的不确定性管理过程。我们对美国 19 个州 9 个行业的 25 家营利性和社会性 HCE 进行了深入访谈。我们采用混合定性方法对数据进行分析、解释和可视化,包括恒定比较分析和词汇分析。访谈数据显示,高等教育机构经历了五大不确定性,并利用不同的策略来管理这些不确定性。研究结果凸显了外部环境条件对高校毕业生不确定性的影响、高校毕业生不确定性的复杂性和相互关联性、他们利用多种策略应对不确定性的意愿,以及沟通在管理过程中的核心作用。我们提出了切实可行的建议,以改进针对有抱负、新手和经验丰富的人力资源管理人员的教育、培训和职业发展计划。
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引用次数: 0
ANALYSIS OF THE MULTIPLIER EFFECTS OF BASIC PUBLIC INFRASTRUCTURE ON LOCAL ENTREPRENEURSHIP IN CAMEROON 基本公共基础设施对喀麦隆地方创业的倍增效应分析
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500080
Clovis Wendji Miamo, Jean Claude Saha, Bertin Pilag Kakeu, Célestin Kamdjo, E. Achuo
This study aims to empirically analyze the contribution of public basic infrastructure to local entrepreneurship in Cameroon. Applying iterative least squares to a multilevel random coefficients Logit model, we find that public investment in basic infrastructure generates positive multiplier effects on entrepreneurship at the local level. Specifically, investment in basic economic infrastructure leads to multiplier effects on business creation at the local level. Based on these results, local public authorities are encouraged to improve the supply of infrastructure, especially regarding the quality, accessibility and availability of basic economic infrastructure. Our findings further suggest that municipalities that offer a business environment that encourages public investment in infrastructure are more attractive to entrepreneurs and can provide existing or new firms with access to the resources and skills they need to take their business to the next level.
本研究旨在对喀麦隆公共基础设施对当地创业的贡献进行实证分析。通过对多层次随机系数 Logit 模型进行迭代最小二乘法,我们发现公共基础设施投资对地方创业产生了积极的乘数效应。具体而言,对基本经济基础设施的投资会对地方一级的企业创建产生乘数效应。基于这些结果,我们鼓励地方公共当局改善基础设施的供应,尤其是在基本经济基础设施的质量、可达性和可用性方面。我们的研究结果进一步表明,提供鼓励基础设施公共投资的商业环境的城市对企业家更具吸引力,并能为现有或新成立的公司提供所需的资源和技能,使其业务更上一层楼。
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引用次数: 0
THE INFLUENCE OF CEO’S DIGITAL LITERACY ON THE DIGITAL TRANSFORMATION OF SMES IN INDONESIA 首席执行官的数字素养对印度尼西亚中小企业数字化转型的影响
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500122
Ope Destrian
The significance of digital transformation for small and medium-sized enterprises (SMEs), especially in the time of disruption, is frequently demonstrated by research. Nevertheless, not much consideration is placed on how digital transformation is experienced by SMEs. This study examines how SME digital transformation will be affected by CEOs’ digital literacy from a micro-foundation viewpoint. Utilizing survey data from 292 SMEs located in Indonesia, we evaluate a moderated mediation model. According to our research, CEOs’ digital literacy affects digital transformation through digital technology utilization. Additionally, CEOs’ gender further influence the association between CEOs’ digital literacy and digital technology utilization. Our work is among initial endeavors to assess the digital transformation among SMEs in an emerging nation such as Indonesia. Despite the urgent need for SMEs to digitally transform and the importance of CEOs’ digital capabilities in accelerating this process, none of the identified existing studies examines SME digital transformation from a micro-foundation perspective, specifically on the link between CEOs’ digital literacy and digital transformation and how digital technology utilization mediates this link, which makes this study unique.
数字化转型对中小型企业(SMEs)的意义,尤其是在混乱时期的意义,经常被研究证明。然而,关于中小企业如何体验数字化转型的考虑却不多。本研究从微观基础的角度探讨了首席执行官的数字素养将如何影响中小企业的数字化转型。利用来自印度尼西亚 292 家中小企业的调查数据,我们对调节中介模型进行了评估。根据我们的研究,首席执行官的数字素养会通过数字技术的利用来影响数字化转型。此外,CEO 的性别也会进一步影响 CEO 数字素养与数字技术利用率之间的关联。我们的研究是评估印尼这样一个新兴国家中小企业数字化转型的初步尝试之一。尽管中小型企业迫切需要进行数字化转型,而且首席执行官的数字化能力在加速这一进程中非常重要,但现有的研究都没有从微观基础的角度研究中小型企业的数字化转型,特别是首席执行官的数字素养与数字化转型之间的联系,以及数字技术的利用如何促进这一联系,这使得本研究具有独特性。
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引用次数: 0
ASSESSING CASH FLOW RISK IN MICROFINANCE INSTITUTIONS: A BOTTOM-UP APPROACH AND MONTE CARLO SIMULATION 评估小额信贷机构的现金流风险:自下而上的方法和蒙特卡罗模拟
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500092
Xianghua Tang
Microfinance institutions (MFIs) play a crucial role in the emerging financial system as well as in the innovation of rural financial systems. MFIs significantly promote capital flow, alleviate financing difficulties for small and micro enterprises, and address poverty in underserved areas. However, the demands to address poverty through development and meet social goals expose MFIs to financial risks, particularly cash flow risk associated with capital repayment, which can hinder normal operations. Therefore, it is essential to systematically study the cash flow risk faced by MFIs to enhance their sustainable development capabilities. This research utilizes the bottom-up approach along with Monte Carlo simulation (MCS) to compute the value at risk (VaR), assessing the financial flow of listed microfinance firms in China. The analysis provides a straightforward and specific measure of cash flow uncertainty for management, investors and analysts of microfinance institutions. By comparing the VaR of corporate cash flow and evaluating the VaR of cash flow, the study identifies the existence of cash flow risks within the entire microfinance industry. The study provides policy recommendations to mitigate cash flow risk in microfinance institutions, focusing on business strategy and internal control, to improve the industry’s ability to manage risks and promote sustainable development.
小额金融机构(MFIs)在新兴金融体系和农村金融体系创新中发挥着至关重要的作用。小额金融机构极大地促进了资本流动,缓解了小型和微型企业的融资困难,并解决了服务不足地区的贫困问题。然而,通过发展解决贫困问题和实现社会目标的要求使小额金融机构面临金融风险,特别是与资本偿还相关的现金流风险,这可能会阻碍其正常运营。因此,有必要对小额贷款公司面临的现金流风险进行系统研究,以增强其可持续发展能力。本研究采用自下而上的方法,结合蒙特卡罗模拟(MCS)计算风险值(VaR),对中国上市小额贷款公司的资金流进行评估。该分析为小额信贷机构的管理层、投资者和分析师提供了一个直接而具体的现金流不确定性衡量标准。通过比较企业现金流风险值和评估现金流风险值,研究发现了整个小额信贷行业存在的现金流风险。研究以经营战略和内部控制为重点,提出了降低小额信贷机构现金流风险的政策建议,以提高行业风险管理能力,促进可持续发展。
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引用次数: 0
CHALLENGES AND COPING MECHANISMS OF SUBSISTENCE MUSLIM FEMALE ENTREPRENEURS IN DELHI’S SLUMS: AN IN-DEPTH EXPLORATION 德里贫民窟自给自足的穆斯林女企业家面临的挑战和应对机制:深入探讨
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500134
Sameen Khan, Sarika Tomar
Subsistence entrepreneurship plays a crucial role in India by providing livelihood opportunities to a significant portion of the population. The present study delves into the distinct challenges encountered by Muslim female entrepreneurs in the slums of New Delhi. Employing a narrative inquiry methodology that provides a platform for these women to share their stories, it offers an in-depth exploration of their entrepreneurial experiences. Through interviews and storytelling, participants articulate their challenges, experiences and coping strategies, enabling a comprehensive understanding of their entrepreneurial journeys. Thematic analysis of the collected narratives reveals recurring patterns, barriers and adaptive measures employed by the participants. The findings highlight challenges rooted in socio-cultural dynamics, political challenges and economic constraints. The study also sheds light on coping strategies, reflecting creativity and innovation. This research contributes to an enhanced understanding of the multifaceted constraints confronting Muslim female entrepreneurs in marginalized communities, providing insights to inform policies and interventions aimed at promoting their empowerment and socio-economic progress.
自给自足的创业精神在印度发挥着至关重要的作用,为很大一部分人口提供了谋生机会。本研究深入探讨了新德里贫民窟的穆斯林女企业家所遇到的独特挑战。本研究采用叙事调查方法,为这些妇女提供了一个分享自己故事的平台,深入探讨了她们的创业经历。通过访谈和讲故事,参与者阐述了她们所面临的挑战、经历和应对策略,从而全面了解了她们的创业历程。对收集到的叙述进行的专题分析揭示了反复出现的模式、障碍以及参与者采用的适应措施。研究结果突出了社会文化动态、政治挑战和经济制约因素带来的挑战。研究还揭示了反映创造性和创新性的应对策略。这项研究有助于加深对边缘化社区穆斯林女企业家所面临的多方面制约因素的理解,为旨在促进其赋权和社会经济进步的政策和干预措施提供启示。
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引用次数: 0
THE EFFECT OF EXPERIENTIAL LEARNING ON ENTREPRENEURIAL COMPETENCIES AND BUSINESS PERFORMANCE 体验式学习对创业能力和企业绩效的影响
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500109
Matshepo Koape, Anastacia Mamabolo
The study’s purpose is to examine the effect of experiential learning on business performance through the mediating role of entrepreneurial competencies. Quantitative research was conducted with 123 entrepreneurs in the business development phase, who were part of a business school’s experiential entrepreneurial program in South Africa. Multiple hierarchical regression analysis revealed that experiential learning led to mastery of entrepreneurial competencies that benefited business performance. Specific competencies played a role as mediators, such as opportunity recognition and market analysis. The findings also suggest that environmental factors such as access to finance shape the mediating role of entrepreneurial competencies on experiential learning and business performance. The study contributes to the entrepreneurship field by looking at experiential learning beyond entrepreneurial intentions to action. In addition, the study demonstrates that experiential learning and its outcomes are influenced by the stage of the business and intended learning outcomes. Therefore, researchers and practitioners should consider entrepreneurial competencies from a multi-dimensional perspective.
本研究旨在通过创业能力的中介作用,探讨体验式学习对企业绩效的影响。研究对 123 名处于企业发展阶段的创业者进行了定量研究,他们都是南非一所商学院体验式创业课程的学员。多元分层回归分析表明,体验式学习有助于掌握创业能力,从而提高企业绩效。特定能力起到了中介作用,如机会识别和市场分析。研究结果还表明,融资渠道等环境因素决定了创业能力对体验式学习和企业绩效的中介作用。本研究对体验式学习的研究超越了创业意向到行动的范畴,从而为创业领域做出了贡献。此外,研究还表明,体验式学习及其成果受到企业所处阶段和预期学习成果的影响。因此,研究人员和从业人员应从多维角度考虑创业能力。
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引用次数: 0
EXPLORING THE EFFECT OF CEO ENTREPRENEURIAL ORIENTATION ON TRIPLE BOTTOM LINE PERFORMANCE OF SMES 探索首席执行官创业导向对中小企业三重底线绩效的影响
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724500110
Saeed Mohammadi
This research investigates individual entrepreneurial orientation and its implications for business performance. Examining dynamic managerial capabilities (DMC) as a mediating factor, this study explores the relationship between CEO entrepreneurial orientation and the triple bottom line performance of businesses. It emphasizes the role of improved managerial capabilities resulting from individual entrepreneurial orientation. Emphasis is placed on the importance of entrepreneurial activities not only in affecting financial performance, but also social and environmental performance. The results reveal a strong and positive correlation between CEOs’ individual entrepreneurial orientation and triple bottom line performance, considering DMC. This confirmation is not only robust based on existing theories, but also provides novel evidence of additional effects of the relationship between CEOs’ individual entrepreneurial orientation and broader approaches to business performance. Moreover, this research contributes to current issues related to entrepreneurship, sustainability and the evolving role of individuals in shaping the future of organizations.
本研究探讨了个人创业导向及其对企业绩效的影响。本研究以动态管理能力(DMC)为中介因素,探讨首席执行官创业导向与企业三重底线绩效之间的关系。研究强调了个人创业导向所带来的管理能力提升的作用。研究强调了创业活动的重要性,它不仅影响财务绩效,还影响社会和环境绩效。研究结果表明,考虑到 DMC,首席执行官的个人创业导向与三重底线绩效之间存在很强的正相关性。这一确认不仅在现有理论基础上是稳健的,而且还提供了新的证据,证明首席执行官的个人创业导向与更广泛的企业绩效方法之间的关系会产生额外的影响。此外,这项研究还有助于解决当前与创业精神、可持续发展以及个人在塑造组织未来中不断演变的角色有关的问题。
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引用次数: 0
COMMODITY TRAPS: THE CHALLENGE OF SUSTAINABILITY IN POVERTY ENTREPRENEURSHIP 商品陷阱:贫困创业的可持续性挑战
IF 1.3 Q3 BUSINESS Pub Date : 2024-07-18 DOI: 10.1142/s1084946724010027
Susana C. Santos, Michael H. Morris
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引用次数: 0
EMPOWERING RURAL LEBANESE FEMALE ENTREPRENEURS: A RESOURCE-BASED PERSPECTIVE 增强黎巴嫩农村女企业家的能力:基于资源的视角
IF 0.9 Q3 Economics, Econometrics and Finance Pub Date : 2024-04-06 DOI: 10.1142/s108494672450002x
LARA KHABBAZ, OMAYA KURAN

This paper examines how rural female entrepreneurs in Lebanon navigate challenges and opportunities amidst economic crises. It aims to understand how they leverage resources to overcome barriers and enhance their entrepreneurial potential, offering insights for fostering sustainable entrepreneurship in crisis-affected regions. This study employs Integrative Qualitative Methods, combining participatory action research (PAR) and narrative inquiry, to explore the motivations, experiences and aspirations of rural female entrepreneurs in Lebanon. Amidst severe economic crises, 28 female entrepreneurs participated in a three-year program supporting their businesses. The findings indicate that rural female entrepreneurs in Lebanon are primarily motivated by family sustainability, social effect and personal fulfillment. They demonstrate significant adaptability to market changes and are able to leverage support networks to manage resources effectively. Strategic resource allocation, communication and collaboration are key to their success. Overall, these findings highlight the resilience and strategic acumen of rural female entrepreneurs, emphasizing the importance of ongoing support for economic growth and community development.

本文探讨了黎巴嫩农村女企业家如何在经济危机中把握挑战和机遇。本文旨在了解她们如何利用资源克服障碍并增强创业潜力,从而为在受危机影响的地区促进可持续创业提供启示。本研究采用综合定性方法,结合参与式行动研究 (PAR) 和叙事调查,探讨黎巴嫩农村女性创业者的动机、经历和愿望。在严重的经济危机中,28 名女企业家参加了一项为期三年的企业扶持计划。研究结果表明,黎巴嫩农村女企业家的主要动机是家庭的可持续发展、社会效应和个人成就感。她们对市场变化的适应能力很强,能够利用支持网络有效管理资源。战略性资源分配、沟通与合作是她们成功的关键。总之,这些研究结果凸显了农村女企业家的应变能力和战略敏锐性,强调了持续支持对经济增长和社区发展的重要性。
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引用次数: 0
DEVELOPMENT OF A CROSS-CULTURAL ITEM BANK FOR MEASURING ENTREPRENEURIAL PERSONALITY TRAITS ASSOCIATED WITH VENTURE SUCCESS 开发跨文化项目库,测量与创业成功相关的创业人格特质
IF 0.9 Q3 Economics, Econometrics and Finance Pub Date : 2024-04-06 DOI: 10.1142/s1084946724500067
RAUL ESTRADA-LAVILLA, MARÍA ALEJANDRA OVALLE-ZULETA, JOSÉ RUIZ-NAVARRO, MARÍA DEL CARMEN CAMELO-ORDAZ

This study aims to create a cross-cultural item bank that enables accurate, specific and comprehensive measurement of entrepreneurial personality traits associated with successful businesses. The traits were identified through a literature review, a panel of experts and entrepreneurs. Forty-four experts were used for the content analysis of the item bank and 35 entrepreneurs were interviewed to analyze and validate the item bank with considerable evidence. We identified sixteen entrepreneurial personality traits grounded in theory, each linked to entrepreneurial success, constructed a cross-cultural item bank customized to five Spanish-speaking countries to enable a more culturally sensitive measurement, and provided evidence of both content and response process validities. The item bank advances the measurement of entrepreneurial personality traits, transcending the constraints of conventional psychometric tests to offer a less intrusive, yet more accurate and efficient, alternative. A foundation is provided for a computerized adaptive test capable of assessing a range of entrepreneur-specific constructs for a better alignment between project stakeholders and a reduced risk of failure.

本研究旨在创建一个跨文化项目库,以准确、具体和全面地测量与成功企业相关的创业个性特征。这些特质是通过文献综述、专家小组和企业家确定的。44 位专家参与了项目库的内容分析,35 位企业家接受了访谈,以大量证据分析和验证项目库。我们确定了 16 种基于理论的创业人格特质,每种特质都与创业成功相关联。我们构建了一个跨文化项目库,专为五个西班牙语国家量身定制,使测量更具文化敏感性,并提供了内容有效性和反应过程有效性的证据。项目库推动了创业人格特质的测量,超越了传统心理测验的限制,提供了一种侵入性更低、更准确、更高效的替代方法。它为计算机化自适应测试奠定了基础,该测试能够评估一系列创业者特有的构造,从而更好地协调项目利益相关者之间的关系,降低失败的风险。
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引用次数: 0
期刊
Journal of Developmental Entrepreneurship
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