The Future of Entrepreneurship: Emerging Technologies and Opportunities

A special issue of Administrative Sciences (ISSN 2076-3387). This special issue belongs to the section "International Entrepreneurship".

Deadline for manuscript submissions: closed (12 September 2024) | Viewed by 4991

Special Issue Editor


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Guest Editor
Bristol Business School, College of Business and Law, University of the West of England, Bristol BS16 1QY, UK
Interests: digital transformation; technology; entrepreneurship

Special Issue Information

Dear Colleagues,

The adoption of technologies has provided immense opportunities and challenges to businesses. The literature has stated the impact of technologies in both large- and small-scale businesses and has noted the competencies and entrepreneurial behavior required to successfully achieve digital transformation. While the literature has shed light on adoption, barriers and opportunities in relation to technologies, there are knowledge gaps concerning emerging technologies and the nature of entrepreneurial initiatives that may emerge from the use of such technologies. We are yet to ascertain how emerging technologies may impact business models, innovation, entrepreneurial intent, or behavior. It is in this context that this Special Issue is proposed. We call for papers from authors who are interested in contributing to the following topics:

  • Emerging technologies and entrepreneurship;
  • Business model innovation and emerging technologies;
  • I, big data, data analytics in large firms and SMEs;
  • Digital transformation and digitalization;
  • Emerging technologies and public sector firms;
  • Internationalization and emerging technologies;
  • Entrepreneurial competencies in the context of emerging technologies;
  • Ecosystem, open innovation and technologies.

Prof. Dr. Arun Sukumar
Guest Editor

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Keywords

  • emerging technologies
  • entrepreneurship
  • innovation

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Published Papers (5 papers)

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Research

23 pages, 587 KiB  
Article
Exploring the Effects of Entrepreneurial and Digital Orientations on the Competitive Advantage of Saudi Firms: Is Strategic Agility the Missing Link?
by Wassim J. Aloulou, Amin K. Alsadi, Faouzi M. Ayadi and Thamir H. Alaskar
Adm. Sci. 2024, 14(11), 306; https://doi.org/10.3390/admsci14110306 - 19 Nov 2024
Viewed by 389
Abstract
This study explores the intricate relationships between entrepreneurial orientation (EO), digital orientation (DO), strategic agility (SA), and competitive advantage (CA) in Saudi firms. We investigate whether strategic agility serves as the missing link in these relationships. We examine direct and indirect effects among [...] Read more.
This study explores the intricate relationships between entrepreneurial orientation (EO), digital orientation (DO), strategic agility (SA), and competitive advantage (CA) in Saudi firms. We investigate whether strategic agility serves as the missing link in these relationships. We examine direct and indirect effects among these constructs using structural equation modeling on data collected from 307 Saudi firms. The results confirm the direct positive links between EO and SA with CA. However, the findings also reveal a surprising result—there is no direct link between DO and CA. At the same time, both DO and EO exerted significant positive influences on SA. This study emphasizes the mediating role of SA. We find that SA partially mediates the relationship between EO and CA, underlining the importance of EO while pointing out the additional value given to this relationship by SA. Additionally, SA fully mediates the relationship between DO and CA, suggesting that firms must develop SA to translate their digital capabilities into CA. These results contribute to the strategic management literature by explaining the interplay between strategic orientations, agility, and competitive advantage in the Saudi context. They also provide practical implications for managers seeking to enhance the competitiveness of their firms during this digital age by showing that investing in SA in conjunction with entrepreneurial and digital resources is of paramount importance. Full article
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24 pages, 750 KiB  
Article
Looking Through the Entrepreneurial Kaleidoscope—Examining Stereotypes Against Commercial, Social, Environmental, and Community Entrepreneurs in Kenya and Germany
by Philipp Kruse and Pauline Wangari Kamau
Adm. Sci. 2024, 14(11), 302; https://doi.org/10.3390/admsci14110302 - 15 Nov 2024
Viewed by 302
Abstract
For the greater part of entrepreneurial history, entrepreneurship’s primary target was commercial, i.e., money generation for the entrepreneur and his or her stakeholders. However, starting in the 1980s, hybrid forms of entrepreneurship fusing the creation of non-financial value with entrepreneurial means have gained [...] Read more.
For the greater part of entrepreneurial history, entrepreneurship’s primary target was commercial, i.e., money generation for the entrepreneur and his or her stakeholders. However, starting in the 1980s, hybrid forms of entrepreneurship fusing the creation of non-financial value with entrepreneurial means have gained traction. Currently, several conceptually different forms, e.g., social, environmental, and community entrepreneurship, exist. Research yields various differences comparing commercial and hybrid entrepreneurship, particularly in the stereotypical perceptions of different entrepreneurs. Notwithstanding notable insights, entrepreneurial stereotype research suffers from three major shortcomings. First, stereotype differences are primarily examined by comparing commercial to hybrid entrepreneurs, neglecting stereotype differences inside hybrid entrepreneurship. Second, the scope of stereotypes investigated (e.g., warmth and competence) remains vague and lacks entrepreneurial specificity. Third, the robustness of entrepreneurial stereotypes under different institutional circumstances, e.g., in economy and culture, is unclear. The current study addresses these three shortcomings. Analyzing two samples from Kenya and Germany (Ntotal = 286) with repeated-measures analyses of co-variance, we find notable stereotype differences (i) inside hybrid entrepreneurs; (ii) regarding warmth, competence, and entrepreneurship-specific success indicators; and (iii) under different institutional circumstances. Despite acknowledgeable limitations, our work extends previous stereotype research by highlighting the necessity for a more fine-grained, specific, and inter-country perspective on entrepreneurial stereotypes. Full article
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13 pages, 813 KiB  
Article
Lessons from Team Entrepreneurship Research for General Entrepreneurship Theory
by Matthias P. Hühn and Zachary G. Davis
Adm. Sci. 2024, 14(11), 287; https://doi.org/10.3390/admsci14110287 - 5 Nov 2024
Viewed by 392
Abstract
This paper suggests that the theory of entrepreneurship needs to be amended. This paper first shows how the phenomenon of entrepreneurial teams has become established in practice and in the literature. Then the axioms of entrepreneurship theory are discussed. This paper (with a [...] Read more.
This paper suggests that the theory of entrepreneurship needs to be amended. This paper first shows how the phenomenon of entrepreneurial teams has become established in practice and in the literature. Then the axioms of entrepreneurship theory are discussed. This paper (with a literature review and GEM data) argues that there is an inconsistency within entrepreneurship theory: in order not to have to change the axioms of entrepreneurship theory, entrepreneurial teams were assumed to consist of individual entrepreneurs. This paper explains how that impedes advances in theory development and suggests a new taxonomy of entrepreneurs: the individual entrepreneur, the individual entrepreneur in a team, and a socially minded true team entrepreneur. Full article
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25 pages, 6686 KiB  
Article
Shifting Mindsets: Changes in Entrepreneurial Intention Among University Students
by Panagiota Xanthopoulou, Alexandros Sahinidis, Androniki Kavoura and Ioannis Antoniadis
Adm. Sci. 2024, 14(11), 272; https://doi.org/10.3390/admsci14110272 - 22 Oct 2024
Viewed by 1356
Abstract
Despite the growing interest in entrepreneurship education and its impact on entrepreneurial intention, there is limited research on why students’ entrepreneurial intentions change over time. It has been observed that university students’ intentions to pursue entrepreneurship are higher when they enroll in entrepreneurship [...] Read more.
Despite the growing interest in entrepreneurship education and its impact on entrepreneurial intention, there is limited research on why students’ entrepreneurial intentions change over time. It has been observed that university students’ intentions to pursue entrepreneurship are higher when they enroll in entrepreneurship courses; however, these intentions usually shift both before and after the completion of the entrepreneurship course. This study investigates the shift in entrepreneurial intention among university students. Utilizing a mixed-method approach, this study combines the qualitative research tools of interviews and diaries to explore the evolution of students’ entrepreneurial intentions. The research sample consisted of undergraduate university students of a Greek university who had attended an entrepreneurship and innovation course as part of their first-year curriculum in the academic year 2020–2021. The study utilized 163 structured interviews and complementary diary research on 96 students from the same cohort in the academic year 2023–2024. NVivo12 software (32 bits version) was used to analyze the primary data. The findings highlight notable changes in students’ entrepreneurial intentions as a result of a variety of factors, including the allure of the entrepreneurial idea, cohesiveness of the teams, teaching strategies employed, support provided by the university and their families, and certain personality traits. These findings provide valuable insights for educators and policymakers to better support and sustain entrepreneurial intentions among students, while also further expanding the understanding of the strategy development needs of entrepreneurship counseling and education, as very limited research has been conducted on this issue. Full article
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21 pages, 1231 KiB  
Article
An Entrepreneurial Perspective on the Transition of Lignite Rural Areas to a New Regime within a Suffocating Timeframe
by Ilias Makris, Sotiris Apostolopoulos and Eleni E. Anastasopoulou
Adm. Sci. 2024, 14(4), 64; https://doi.org/10.3390/admsci14040064 - 27 Mar 2024
Viewed by 1890
Abstract
Timetables for energy transition vary across EU Member States. The planning for dealing with the consequences of the transition in affected regions also varies. Under the pressure of the ten-year economic crisis, Greece is one of the few countries that has committed to [...] Read more.
Timetables for energy transition vary across EU Member States. The planning for dealing with the consequences of the transition in affected regions also varies. Under the pressure of the ten-year economic crisis, Greece is one of the few countries that has committed to stop using lignite in electricity generation, achieving 80% by 2023 and definitively by 2028. Apart from its environmental impact, the country assessed using lignite in electricity generation as unprofitable and damaging to the Greek economy. Simultaneously, it formulated a national energy transition plan for the country’s lignite areas. The plan also provides support for existing enterprises and incentives for new enterprises. European and domestic financial instruments accompany the support incentives. The compressed timetable is ambitious and demanding, entailing risks of project failure. As one of the first Member State projects to be completed in 2028, its outcome will shape an ambient atmosphere, positive or negative, for other Member States’ projects as well. Based on the transition plan and the timelines to which Greece has committed, this research examines the reanimation of rural areas involved in lignite mining from the perspective of entrepreneurship and financial support instruments. The findings revealed that while there is strong social consensus around the design that incorporates best practices, the basis for the completion schedule has unrealistic elements that will have potentially negative consequences for the restoration of the areas that the energy transition affects. The present study highlights the risks for entrepreneurship that tight schedules pose in the context of lignite area redevelopment. Full article
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