Entrepreneurship and small businesses in Russia: a review of empirical research To the best of one's knowledge, no literature review on this topic has. SMALL BUSINESS SUCCESS: A REVIEW OF THE LITERATURE. Article (PDF . owners/entrepreneurs, demographic characteristics of the. Keywords Entrepreneurship, SME, Russia, literature review, small firms, transition economy. Paper type Literature review. 1. Introduction. Entrepreneurship and.
on small in review entrepreneurship businesses literature
Culture of Entrepreneurship in communities Entrepreneurial development and its sustainability and growth within families and communities are based on inter-connectedness of different aspects. Spodek argued that Union of Families and firms HUF restricted innovation and spirit of entrepreneurship by conflicted goals to maintain stability and profit maximization. It has been also reported that some individual took an interest to institutionalise community based enterprise CBE to bring empowerments by strengthening capacity building within community Costanzatorri, Werner D.
Some religions like Jain, Islam favors the entrepreneurship and Hindus are not. Lower level in social hierarchy are less likely to opt for entrepreneurship. If political stability and rule of laws are improved, unhealthy competitions are rooted out, education and training are imparted, and financial help provided, the new and energetic entrepreneurship can emerge e.
Government's initiatives During planning era, post independent period the industrial development was controlled and regulated by the government. After the independence the Indian government initiated to bring industrial revolution in the country for overall economic development.
Government has set up National Entrepreneurship Policy to trigger entrepreneurial culture and inculcate entrepreneurial values among youth, create an awareness about the entrepreneurship, to assist them to start up entrepreneurial projects and broaden the entrepreneurial supply to specific nascent entrepreneurs group like women, minorities, socially and economical backward communities. To achieve these objectives government is following strategies of sensitizing and promoting entrepreneurships, incubating entrepreneurial projects through incubation centers, and institutionalizing entrepreneurial movement through various premier institutions.
Government is continuously pursuing public sector banks and rating agencies to handhold small and medium enterprises SMEs to enable them to tap the capital market for raising funds. India is going to be largest economy in the world by 4. The uniqueness of India is that it is a young country and 63 per cent of population is in working age group of 25 to 59 years.
Most of the research have pointed out that prevalence rates of nascent entrepreneurship is high in the 3 Hindustan Times, Mumbai Chapter, 18th September International Monetary Fund.
Retrieved The disparities within various strata of the society are causing obstacles in entrepreneurial developments process. These policies can lead entrepreneurial disposition by enhancing achievement motivation, performance for innovation and risk-taking propensity Carland et.
Continuous improvements and changes have to be the benchmark in industry. MSME Act of became operational from October played major role in promoting, helping and encouraging micro, small and medium entrepreneurship especially in rural area.
Development in irrigation and transportation can lead these regions to economic development. Entrepreneurial Education Entrepreneurial education plays vital role in developing entrepreneurship among youth, many researchers have emphasized on entrepreneurial education. Introduction of entrepreneurial education at early stage of academic level gives positive effects to enhance entrepreneurial intent, creativity and attitude.
The intensity and experientiality of the education has significant impact on entrepreneurial orientation EO Lepoutre et. The focuses on entrepreneurial education and knowledge transfer activities have helped in entrepreneurial development in developed countries.
Introduction of entrepreneurial education in conventional schooling curriculum has shown significant impact on entrepreneurial initialization and developments in entrepreneurial orientation among the existing firms. The review of literature revealed that the most important dimensions are related to the individual entrepreneur, viz.
Among these often discussed dimension is EO i. The factors associated with EO plays vital role in initiating, promoting, and nurturing entrepreneurship which is termed as culture, customs, traditions, family background, education and socio-political environments.
A few entrepreneurial comparative studies with Asian countries have been undertaken with Indonesia, Korea etc. India is having most diversified culture in terms of religion, community, languages and demography.
Therefore, it would be ideal to study the entrepreneurial orientation and cultural or community impact on it, across the nation. Most of the studies revealed that the entrepreneurship is not always by way of orientation or by autonomous personality traits, internal locus of control and need for autonomy.
Most of the time it is observed that the unemployment, poverty and or dissatisfaction Bouchard, and Basso, with existing employment pushes individual into entrepreneurship. Human interrelations are very complex in nature. Therefore, to develop a broader theoretical and practical agenda by considering additional variables, related to industry and its financial involvement and the culture in which it operates can yield more information on impacts of these exogenous factors on entrepreneurial orientations, evolving entrepreneurial leadership styles, marketing or business operating styles.
Indian studies in the area of entrepreneurship are limited. It is observed that, there are several factors which affect the development of entrepreneurship and establishes several entrepreneurial traits and represent the basis for entrepreneurship development. The entrepreneurial orientation EO is moderated by various exogenous factors viz.
The proposed model for further research is suggested in the Figure 2. VI, No. Ahmed Zafar U. Alarape, A. Entrepreneurship programs, operational efficiency and growth of small businesses. Journal of Enterprising Communities: People and Places in the Global Economy, 1 3 , pp. Altinay, L. Journal of Small Business and Enterprise Development, 18 4 , pp. Ananthram, S. Do organisational reform measures impact on global mindset intensity of managers?: Empirical evidence from Indian and Chinese service industry managers.
Anil K. Lal and Ronald W. Anthony M. Nature, Scope and Distinctiveness. Environmental strategy and performance in small firms: Journal of environmental management, 86 1 , pp. Audretsch David B. Basu, A.
Entrepreneurial aspirations among family business owners: An analysis of ethnic business owners in the UK. Carland, J. Economic Development: Changing the Policy to Support Entrepreneurship.
Who is an entrepreneur? Is a question worth asking? American Journal of Small Business, 12 4 , Chelariu, C. Entrepreneurial propensity in a transition economy: Chen, X. Academy of Management Journal, 52 1 , pp. Chermak T. Future Research Quarterly, Vol. Cole, A. Definition of entrepreneurship.
Komives ed. Karl A. Seminar in the study of enterprise. Milwaukee Center for Venture Management, Cunningham, J. David B. Religion, social class, and entrepreneurial choice, Journal of Business Venturing, 28 Desperate Poverty , Douglas, D. The human complexities of entrepreneurial decision making: Douglas, Evan J. Attitudes, Entrepreneurial Intentions, and Utility Maximization. Entrepreneurship Theory and Practice, 26 3 , pp.
Eggers, F. International Entrepreneurship and Management Journal, 8 2 , pp. Ensign, P. Entrepreneurs because they are Immigrants or Immigrants because they are Entrepreneurs?: Journal of Entrepreneurship, 20 1 , pp. Galvan, J. Writing literature reviews: Glendale, CA: Pyrczak Publishing. Gerhard R. Plaschka and Harold P. Weisch, , Emerging Structures in Entrepreneurship Education: The innovating self: Journal of Managerial Psychology, 17 4 , pp. Jain, R. Entrepreneurial and Intrapreneurial Orientation in Indian Enterprises: An Empirical Study.
South Asian Journal of Management, 19 3 , Jena Bhalachandra , Entrepreneurs in India: Johannisson, B. Enacting local economic development — theoretical and methodological challenges. People and Places in the Global Economy, 1 1 , pp. Jones, O. Manufacturing regeneration through corporate entrepreneurship: Middle managers and organizational innovation. Keh, H. The effects of entrepreneurial orientation and marketing information on the performance of SMEs.
Journal of Business Venturing, 22 4 , pp. Koellinger, P. Genome-wide association studies in economic and entrepreneurship research: Small Business Economics, 35, 1— Kropp, F. Entrepreneurial orientation and international entrepreneurial business venture startup. Kuratko, D. Theory, process, Practice. Mason, OH: South-Western College Publishers. Lee, S. Culture and entrepreneurial orientation: International Entrepreneurship and Management Journal, 7 1 , pp.
Lin, W. A comparative study on the trends of entrepreneurial behaviors of enterprises in different strategies: Application of the social cognition theory.
Expert Systems with Applications, 31 2 , pp. Lindgren, M. Social constructionism and entrepreneurship: Basic assumptions and consequences for theory and research. Lussier, R. A six-country study of first-, second-, and third-generation family businesses. Marchese M. Mckenna, S. The darker side of the entrepreneur.
Medhora, Phiroze B. Mehta Nikhil K. Mole, K. Entrepreneurship as the structuration of individual and opportunity: A response using a critical realist perspective.
Entrepreneurial Behavior. Chicago, IL:. Boyle, R. Turnaround strategies for small. Journal of Small Business Management, 29 3 , Castrogiovanni, G.
Pre-startup planning and the survival. Theoretical linkages. Journal of. Chawla, S. Pullig, and F. Perceptions of small business owners from different business. Journal of Business and Entrepreneurship , 9 1 ,. Cochran, A. Small business mortality rates: A review of. Journal of Small Business Management, 19 4 , Cooper, A. Dunkleberg, and C. Journal of Business Venturing, 4,. Costa, S. Management Review,. Duchesneau, D. A profile of new venture.
Journal of Business. Business Failure Record. New York: Dyke, L. Fischer, and A. An inter-industry. Journal of Small Business Management, 30 4 , Filley, A. Growing companies: Tools for. Magna Publications, Inc. Gaskill, L. VanAuken, and R. A factor. Journal of Small Business Management, 31 4 , Hand, H. Sineath, and W. Small business. A field study of. Journal of Small Business Management,. Hills, G. Frontiers of Entrepreneurial Research.
Wellesley, MA: Hofer, C. Improving new venture. Some guidelines for success. American Journal of. Ibrahim, A. Perceived causes of success. American Journal of Small Business, Justis, R. An investigation of franchise. Journal of Business and Entrepreneurship , 5 2 ,. Keats, B. Toward a theory of small firm. A conceptual model.
American Journal of Small. Lumpkin, J. Screening practices of new. The evaluation of critical success factors. American Journal of Small Business, 12 Spring , Lussier, R. A nonfinancial business success versus. Journal of Small. A business success versus failure. Journal of Business and.
There are few differences. Mintzberg, H. That's not turbulence, it's really. Montago, R. Kuratko, and J. O'Neill, H. Survival and failure in small. An application of strategic prescriptions in. Journal of Small Business Management, Ponthieu, L. Rethinking the effects of. Steiner, M. Factors for success in small.
Susbauer, J. Strategies for successful. Small Business Administration The state of small. Zetlin, M. Off the beaten path: What must new age.
Citations 1. References Full-text available. Dec Pada masa ini, sangat kurang perhatian yang diberikan oleh penyelidik tempatan menyebabkan maklumat profil peribadi, keluarga dan perniagaan usahawan ini kurang diketahui walhal umum telah mengetahui bahawa kegiatan ini telah lama wujud dan ramai yang mengusahakannya.
Bagi memenuhi kekurangan tersebut dan kepentingan untuk membantu golongan ini umum perlu disedarkan, maka penyelidik telah mengambil inisiatif mengkaji profil-profil tersebut. Kajian ini telah dilakukan di daerah Kubang Pasu, Kedah dan lantaran tiada maklumat mengenai populasi kajian, maka kaedah snow ball telah digunakan sebagai kaedah persampelan kajian.
Hasilnya, seramai 91 orang responden telah terlibat dalam kajian ini di mana mereka telah ditemui oleh enumerator kajian.
Dapatan kajian, dijangka dapat membantu penyelidik lain untuk memperbanyakkan literatur mengenai HBB. Selain itu, kajian ini diharap dapat menyedarkan pihak kerajaan supaya diberikan bantuan-bantuan sewajarnya kepada golongan usahawan ini bagi membantu mereka mengembangkan lagi perniagaan masing-masing di masa hadapan. Show more. Profile characteristics, success factors and marketing in highly successful firms,". Jan Hills C. Analysis of survival rates among franchise and independent small business startups.
Perceived Causes of Success in Small Business. Oct Ibrahim J. This empirical research is a pilot study which endeavours to identify a set of variables associated with successful small businesses. Seventy-four 74 small firms operating in Montreal responded to a lengthy questionnaire and an intensive interview. From this data three variables were initially identified.
A replication study of seventy small firms located in Burlington, Vermont and Plattsburgh, New York, was carried out in order to observe whether the identified variables were duplicated beyond a certain geographical location.
Using factor analysis on the data, the authors were able to delineate entrepreneurial behavior and managerial skills as key success factors in small business management. A review of the literature. Screening Practices of New Business Incubators: The Evaluation of Critical Success Factors. Apr James R. Lumpkin R. Duane Ireland. New firms are an important mechanism through which new jobs are created. However, the new venture failure rate is greater than the rate of creation.
Business incubators have been organized to bring new businesses together to increase the probability of success. Incubators do not guarantee success; however, evaluating potential clients on Critical Success Factors can minimize failures once the firm joins an incubator. This research investigates the screening practices of incubators and identifies unique groups of incubators. The screening practices were found to relate to sponsorship but not to physical characteristics or objectives.
Toward a Theory of Small Firm Performance: A Conceptual Model. Barbara W. Keats Jeffrey S. A conceptual model of small firm performance is developed based on extant theory in strategy, entrepreneurship and organization theory.
It provides a framework for the study of the interrelationships among entrepreneurial characteristics, contextual factors and performance outcomes. It is considered a first step toward a limited domain theory of small firm performance. A nonfinancial business success versus failure prediction model for young firms. Improving New Venture Performance: Some Guidelines for Success. Jul Charles W. Hofer William R. An inter-industry examination of the impact of owner experience on firm performance.
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A literature review on entrepreneurial universities: An institutional approach
16 Journals of Entrepreneurship and Small Business Management, as well as in the national search A review of the literature was undertaken in the main. The empirical study on entrepreneurship shows that the business scenarios are This literature review can create platform for further study in Indian scenario. .. Journal of Small Business and Enterprise Development, 18(4), pp– 5. Review of the most recent literature on Entrepreneurship and SMEs Input to DFID's .. Small and Medium Enterprises across the Globe This new cross- country.