The influence of entrepreneurial training, access to finance, entrepreneurial capacity, entrepreneurial atmosphere on youth entrepreneurship

Elizabeth, Chinomona; Popoola, Babatunde A.; Popoola, Oluwabunmi O.

doi:10.31920/1750-4562/2020/15n1a4

Cited by 5 publications

(3 citation statements)

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“…Access to finance is positively associated with entrepreneurship (Beck et al , 2015; Le and Sarason, 2018), affecting entrepreneurial intention and firm performance (Howell, 2018; Popoola et al , 2020). Having financial support is extremely crucial as research by Chilemba and Ragasa (2019) suggested that even if farmers are equipped with business knowledge and skills, the impact of such learning on their crop income and production is insignificant because limited financial resources prevent them from implementing what they learn.…”

Section: Findings and Discussionmentioning

confidence: 99%

The key for success in the value chain of a social entrepreneur in Vietnam

Ngoc

2022

JEC

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Purpose This paper intends to analyze a social enterprise as a case example of fulfilling social missions and achieving financial profitability at the same time. This paper aims to illustrate a business partnership that helps to bridge the gap in business and employment opportunities between megacities and suburban areas and examine value-creating activities that generate healthy income stream for the business. Design/methodology/approach This paper follows a quantitative methodology in the form of case study. The data are collected through interviews, personal observation and document analysis; direct quotes from interviewees are used to describe the phenomenon. Value chain framework is adopted to analyze company activities and deduce key success factors as well as value creations of the company. Findings The case demonstrates that social enterprises can be self-sustained financially, which would help them to better fulfill their social missions. Financial profitability can be achieved through good management of production, marketing and sales activities. Besides, value creation achieved through activities in the value chain is not only for customers but also for suppliers – a beneficiary within the social impact created by the case company. Practical implications The case demonstrates the necessity of establishing strong alliance with suppliers and customers in ensuring business success, which implies that leaders need to equip themselves with good business skills. Entrepreneurship support should include educational and training assistance besides the usual legal and financial support. Social implications The case provides an exemplary partnership model that helps social enterprises to achieve financial security and social mission at the same time. This model can be applied anywhere in the world to create benefits for vulnerable communities. Originality/value The case study contributes to the limited understanding of social entrepreneurship in Vietnam, and demonstrates a social innovation in business partnership that helps to diminish the inequality of income and employment opportunities between suburban areas and big cities.

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Section: Findings and Discussionmentioning

confidence: 99%

The key for success in the value chain of a social entrepreneur in Vietnam

Ngoc

2022

JEC

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“…This situation implies the need for SMEs to forge relationships with their customers. Considering the South African SME context, the long history of SMEs' failure rate due to challenges such as a failure to access markets (Cant, 2012;van Scheers & Mmatli, 2019), access to finance (Elizabeth, Popoola & Popoola, 2020;Musara & Fatoki, 2011), among others can be addressed through the introduction of mutually beneficial customer interaction and business process values. This perspective is supported by Chen, Liu, and Wan (2020) who concluded that SMEs would find it worthwhile to focus their attention on maintaining strong relationships, based on trust and commitment, with their customers.…”

Section: Discussionmentioning

confidence: 99%

A value proposition mix framework of successful foreign-owned small and medium enterprises in South Africa

Musara¹,

Nieuwenhuizen²

2021

JESI

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The paper presents the value propositions of successful foreign-owned SMEs in South Africa. The focus on successful foreignowned SMEs provides a stimulus for cross-cultural knowledge diffusion through internationalisation of entrepreneurial efforts by examining the currently under-studied value proposition construct within the SME sector. To achieve this aim, a multi-case empirical investigation, using the grounded theory approach, was conducted with a sample of forty-two successful foreign-owned SMEs in South Africa. The findings revealed that successful foreign-owned SMEs, in addition to commonly known value propositions (i.e product-based value propositions), have unique value propositions (customer interaction and business processes) that enable their businesses to succeed. A value propositions mix (VPM) framework for successful SMEs is presented, therefore, in this paper. The findings of this study are valuable in providing new insights into the VPM of successful foreign-owned SMEs to inform the broader development and sustainability of the SME sector operating within the African continent.

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“…Barba-Sánchez et al (2022) through the survey of a Spanish university, found that both entrepreneurial behavior attitude and perceived behavioral control had significant effects on the entrepreneurial intention in college students, which corroborated a high degree of environmental awareness in attitude towards behaviour construct. Elizabeth (2020), through a survey of 365 samples from Africa, concluded that the entrepreneurial atmosphere has a substantial impact on youth entrepreneurship in colleges and universities.…”

Section: Contextmentioning

confidence: 99%

Quality evaluation of entrepreneurship education in higher education based on CIPP model and AHP-FCE methods

Fan

Tian

et al. 2022

Front. Psychol.

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Entrepreneurship education has become an important component of higher education development. The purpose of this study is to evaluate entrepreneurship education and determine the extent of satisfaction with the education program. Firstly, based on the CIPP model, this article theoretically analyzes the factors affecting the quality of entrepreneurship education in colleges and universities, and clarifies the keys to improve that education quality. On this basis, using analytic hierarchy process (AHP) and fuzzy comprehensive evaluation (FCE) method, the evaluation index system and fuzzy evaluation model of entrepreneurial education are established. The results show that student participation is the most important factor affecting the quality of entrepreneurship education. Empirical analysis indicates that students have the highest satisfaction with teachers and the lowest satisfaction with the entrepreneurial environment. Apart from convenient and effective measurement of entrepreneurship education, the proposed model provides an important reference for improving the quality of entrepreneurship education in colleges and universities.

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The influence of entrepreneurial training, access to finance, entrepreneurial capacity, entrepreneurial atmosphere on youth entrepreneurship

Cited by 5 publications

References 0 publications

The key for success in the value chain of a social entrepreneur in Vietnam

The key for success in the value chain of a social entrepreneur in Vietnam

A value proposition mix framework of successful foreign-owned small and medium enterprises in South Africa

Quality evaluation of entrepreneurship education in higher education based on CIPP model and AHP-FCE methods

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