Capturing Entrepreneurial Opportunities in the Romanian Equine Sector: an Fs-Qca Approach

Lupoae, Oana Daniela; Radu, Riana Iren; Muntean, Marilena

doi:10.1007/s11365-021-00776-0

Cited by 3 publications

(3 citation statements)

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“…Public organisms need to explore and understand the opportunities, challenges, and weaknesses of social entrepreneurship and play a pivotal role in encouraging more local and direct action toward such projects (Davis et al, 2021 ). Entrepreneurial intentions in different sectors of the economy and the way in which they contribute to the development of social entrepreneurship are topics that are worthy of special attention from governments (Lupoae et al, 2022 ).…”

Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

Fostering social entrepreneurship through public administration support

2023

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This research empirically examines the role of the Romanian public administration in supporting social entrepreneurship initiatives to address local community development challenges. Data were collected from a survey of 145 representatives of non-governmental organizations (NGOs) working closely with Romanian public administration institutions involved in social entrepreneurship projects. Increased awareness of social problems and publicly funded incentives enable social entrepreneurs to develop social projects. Descriptive statistical analyses were used to test several hypotheses based on the theoretical background. According to the analyses, high involvement of local public administrations in social entrepreneurship initiatives is strongly correlated with the importance of social projects for local communities and with citizens’ positive perception of the managers of public institutions. High involvement of local public administrations is moderately correlated with citizens’ interest in supporting social causes and projects that add value to the community. It is also weakly correlated with the interest of private companies in co-financing such projects through public–private partnerships (PPPs) and the capacity of public institutions to attract non-reimbursable European funds for this purpose. This research contributes to the entrepreneurship literature by illustrating the role of public institutions in strengthening relationships with private companies and NGOs to develop social projects.

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Section: Theoretical Background and Hypothesis Developmentmentioning

confidence: 99%

Fostering social entrepreneurship through public administration support

2023

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“…be financially sustainable (Short et al ., 2009). Equine sector entrepreneurs face difficulties in Romania when develop their business and tend to focus on the social-ethical sphere (Lupoae et al ., 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable entrepreneurship in the equestrian sector through horse manure: a PLS-SEM approach

Lupoae

Radu

Isai

et al. 2023

IJEBR

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PurposeHorses play an important role in the agricultural industry around the world. The equestrian sector offers new markets and sustainable business opportunities. This paper, based on a structural equation modelling approach, seeks to explore the interests of Romanian entrepreneurs in developing a sustainable business in the equestrian sector by investing in the use of horse manure. This manure is an important renewable resource in the circular economy, including in the production of bioenergy and bio-fertilizers. The present research investigates whether there is an interest in developing such a business in Romania, built around three pillars: the environment, society and the economy.Design/methodology/approachPLS-SEM is an appropriate method for this research, where prediction of interest for sustainable entrepreneurship plays a central role. In total, 153 responses have been collected and validated based on a questionnaire and the invitations to complete were sent to people who are already entrepreneurs or have intention to become entrepreneurs in the near future.FindingsThe structural model shows that society's interest has the strongest effect on developing a sustainable business model through horse manure. Surprisingly, the study does not reflect an expected correlation between the interest in the environment and the development of a sustainable business model through horse manure resulting in bioenergy.Originality/valueThis study contributes to arousing the interest in research and even the development of a business by presenting the sustainability factors in the horse industry and adopting technological innovations, services, products and business models. The study was conducted in Romania, where, currently, the manure produced by horses is underexploited, and the equestrian sector requires new business models, innovations and sustainable development.

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“…In research and innovation in agriculture, there is a deficit of governmental financing (the proxy index of agricultural evaluation), of technology access, of education and of agricultural resources which could promote agricultural production by ensuring an integrated use of land, labor and investments [8]. According to the same source, Romania is above the European average with policies facilitating the development of innovating agricultural technologies (with a score of 100 points compared to 75.6 points, the European average) [12]. To improve Romania's position to the European Union's level, the authors consider investments in agricultural cooperatives as the main solution.…”

Section: Introductionmentioning

confidence: 99%

Financing Romanian Agricultural Cooperatives’ Investments for the 2023–2027 Horizon

et al. 2023

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Agriculture represents an important sector of the Romanian economy, with certain vulnerabilities under the current geo-political context and pedoclimatic changes with a direct impact upon food security at national and European levels. This paper analyzes the possibilities for revitalizing the Romanian agricultural sector, which was affected by the excessive inflation (especially via the price increases of fertilizers and fuels) and drought, both generating significant cereal and agricultural production losses. The current research highlights the main investment options for the managers of 219 Romanian agricultural cooperative companies, including the available financing alternatives. In our view, the investments realized within the agricultural cooperative companies support the creation and increase in value added and reduce specific risks, consolidating the role and status of agricultural producers within the food chain. The research evaluates the Romanian agricultural investment typologies and establishes a model of assessing these investments by correlating the information obtained from the questionnaire distributed. The research methods include analyzing the reference literature, building the database, collecting and processing the questionnaires’ observations, transforming the qualitative data into quantitative ones and modeling them with econometric instruments. The results obtained using the econometric model reveal the main investment directions to be integrating the production chains through economic association forms, including constructing and modernizing the warehouses, processing the primary products and obtaining higher value-added products, identifying various distribution channels, making the most of all available resources and focusing on digitalization, efficiency, circular economy and short supply chains. The study is of interest for the investors and managers of agricultural cooperative companies from Romania and Europe in view of securing sustainable development, enhancing the role of agricultural producers within the food chain and increasing efficiency of the agricultural activity, with a direct impact upon European food security.

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Capturing Entrepreneurial Opportunities in the Romanian Equine Sector: an Fs-Qca Approach

Cited by 3 publications

References 47 publications

Fostering social entrepreneurship through public administration support

Fostering social entrepreneurship through public administration support

Sustainable entrepreneurship in the equestrian sector through horse manure: a PLS-SEM approach

Financing Romanian Agricultural Cooperatives’ Investments for the 2023–2027 Horizon

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