Is Franchising an Efficient Tool for Entrepreneurship in the Knowledge Economy?

İyigün, N. Öykü; Keskin, Milena

doi:10.1007/978-3-319-27570-3_4

Cited by 4 publications

(1 citation statement)

References 26 publications

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“…The role of entrepreneurship in generating economic growth has been analyzed by policymakers, governments, and international organizations, highlighting that the traditional approach, which argued that large companies were the foundation of a strong economy, is outdated [2,3,5], while small and medium enterprises (SMEs) and new ventures are recognized as important mechanisms for economic development, providing solutions to job creation and increasing per capita income [8]. However, due to their economic strength, large companies have Sustainability 2022, 14, 7985 2 of 18 taken more responsibility for such development, inspiring small and medium-sized enterprises [9] who are now considered to be catalysts of economies, being responsible for innovations that boost economic competitiveness and increase productivity [10][11][12][13].…”

Section: Introductionmentioning

confidence: 99%

Fostering Entrepreneurial Ecosystems through the Stimulation and Mentorship of New Entrepreneurs

et al. 2022

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Existing definitions of entrepreneurship highlight the functional role of entrepreneurs, emphasizing their responsibilities for coordination, allocating resources, making decisions, supplying capital, innovation, and bearing uncertainty. This research analyzes the impact that external funding and supportive soft-skills mechanisms such as mentorship, advice, and networking with experienced entrepreneurs have on transforming the entrepreneurial attitude of new entrepreneurs. In measuring attitudes regarding entrepreneurial success, a series of variables specific to the nature of the analyzed entrepreneurial ecosystem are revealed and adapted, starting from psychological research. This approach is implemented to evaluate the self-perception of efficacy and transformation of entrepreneurs after initiating their companies. The survey of Romanian new entrepreneurs is considered as the database. The Global Entrepreneurship Monitor (GEM) data set is used to consider entrepreneurial motives and impacts at the macrolevel. The correlation analysis, statistical tests, and ANOVA helped to reveal the differences in attitudes to mentorship and similar indicators in the Romanian business environment. The novelty of the research is seen in the consideration of field cases and a global monitoring data set through the prism of ground mathematical methods. The focus on boosting new entrepreneurs with a mixture of finance and soft skills support simultaneously addresses a research gap that is slightly closed by this research. The study showed that the mentoring program for new entrepreneurs increased their self-confidence, especially for young people, taught them how to run a company without outside interference, and significantly transformed the mentality of the participants in the experiment. Thus, the policy of supporting new entrepreneurs not only financially, but also in skills, has good prospects and needs to be intensified.

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Section: Introductionmentioning

confidence: 99%

Fostering Entrepreneurial Ecosystems through the Stimulation and Mentorship of New Entrepreneurs

et al. 2022

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The Relationship between Organizational Citizenship Behavior and Entrepreneurial Orientation: A Research in the Hospitality Industry

Taşkıran

Prof.

2019

Procedia Computer Science

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Context of Social Entrepreneurship and Background

İyigün

2019

Creating Business Value and Competitive Advantage With Social Entrepreneurship

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Social entrepreneurship has been the subject of considerable interest in the literature. It has become a global phenomenon by addressing the basic needs of humans, which are neglected, and enriching communities and societies. This chapter introduces the context of social entrepreneurship and its background; it continues by exploring the related terms and characteristics of social entrepreneurship. Over the years, social entrepreneurship has emerged as a distinctive context by integrating the resourcefulness of traditional entrepreneurship with the compelling drive to address social problems. Social entrepreneurship needs to be properly defined and it requires a theoretical framework that links it to the theory of entrepreneurship. The purpose of this chapter is to review and extend the current literature by providing insight about social entrepreneurship in the spectrum of entrepreneurship through value creation. As a result, this chapter suggests implications for social entrepreneurs and boundaries for social entrepreneurship.

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Is Franchising an Efficient Tool for Entrepreneurship in the Knowledge Economy?

Cited by 4 publications

References 26 publications

Fostering Entrepreneurial Ecosystems through the Stimulation and Mentorship of New Entrepreneurs

Fostering Entrepreneurial Ecosystems through the Stimulation and Mentorship of New Entrepreneurs

The Relationship between Organizational Citizenship Behavior and Entrepreneurial Orientation: A Research in the Hospitality Industry

Context of Social Entrepreneurship and Background

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