Current Issue : April-June Volume : 2025 Issue Number : 2 Articles : 5 Articles
Entrepreneurs contribute to the economy in multiple ways, including innovation and job creation. While motives of individuals to start a business have been intensively discussed in the literature, it is still not clear which determinants drive individuals to transition into self-employment. To explore this research question, a qualitative research design was employed, where semi-structured interviews with twelve entrepreneurs from diverse industries were conducted. Utilizing the Theory of Planned Behavior (TPB) as the theoretical framework, the analysis revealed ten relevant factors that shape entrepreneurial intention. Conceptually, these factors were linked to the TPB determinants: attitudes, subjective norms, and perceived behavioral control, offering a comprehensive understanding of how they interact to form entrepreneurial intentions. The implications of this study are twofold: from a theoretical stance, it enriches the TPB by integrating factors speciic to entrepreneurial decision-making. From a practical perspective, it provides insights for policymakers and educational authorities to foster entrepreneurship through targeted support and incentives. Overall, this study contributes to the broader understanding of entrepreneurial intentions, offering a nuanced perspective on the factors facilitating the decision to start a business....
Diversity among members in innovation activities is widely recognized as an important initiative. However, previous studies on innovation and diversity present conflicting findings regarding the impact of diversity on innovation performance. To examine the effect of diversity on innovation performance, we focused on the diversity of start-up founders and innovation outcomes. A questionnaire survey was conducted with start-ups in Japan. Questionnaires were distributed to 483 start-ups in 2023, and 136 valid responses were obtained. The analysis was conducted using data from 126 firms, after excluding cases with missing values for relevant variables. This analysis yielded three key findings. First, a larger number of start-up founding members have a positive impact on business growth. The results indicate that start-ups with multiple founders tend to advance to higher funding rounds than those founded by a single individual. Second, higher education diversity among start-up founding members positively influences the progress of funding rounds. The central figure within the spectrum of diverse educational backgrounds is the holder of a master’s degree and the presence of such individuals significantly alters the growth trajectory of start-ups. Third, higher job career diversity positively affects the progress of funding rounds. The professional background of the founders before starting the business greatly impacts the social capital brought into the start-up....
Our paper explores the challenges of industrial development by examining two contrasting theoretical frameworks: (i) the mainstream economic approach which emphasizes capital accumulation, innovation, and profit maximization within a globalized context, and (ii) the classical institutional economics perspective, rooted in the so-called “Veblen Dichotomy”. The latter contrasts monetary institutions focused on short-term profits with those centered on organizational, social, environmental, and business values that foster long-term technological progress. We analyze reindustrialization processes and assess the hypothesis that the conflict between these divergent institutions and social values plays a critical role in creating an institutional environment conducive to innovation and economic development. Our research highlights how technological advancements contribute to the physical and geographical fragmentation of industrial activities, thereby driving the spatial restructuring of economies. Furthermore, this paper addresses the growing prominence of intangible production, noting how deindustrialization, driven by shifts toward service-based economies, is closely related to the broader processes of globalization. The paper employs cluster analysis to explore the links between reindustrialization, institutional dynamics, and societal values across four groups (clusters) of countries. Our results reveal differences and similarities between these groups of countries and offer policy implications and suggestions for improvements. These results might be of special interest for relevant stakeholders and policymakers, as well as for researchers focused on innovative industrial and economic development....
The rapid development of digital technology is reshaping the business ecosystem across industries. Enterprises face unprecedented opportunities and challenges, with business model innovation becoming key to survival and development in the digital age. This study deeply explores the theoretical motivations, paths, and influencing factors of enterprise business model innovation in the context of digital transformation. Through theoretical analysis of digital transformation, the research reveals how digital technology theoretically drives the transformation of business model elements, such as value proposition, value creation, value delivery, and value capture. The study proposes that successful digital business model innovation not only depends on the theory of technological application but also requires supporting theoretical backing for organizational structure adjustment, corporate culture reshaping, and talent strategy innovation. In particular, the research emphasizes the core position of datadriven decision-making, user experience optimization, and ecosystem building in digital business model theory. However, the study also discusses the theoretical resistance and potential risks that may be encountered in the process of digital transformation. Based on these theoretical analyses, this research provides a theoretical framework and conceptual guidance for enterprises to design and implement digital business model innovation strategies, laying a foundation for future empirical research and practical applications....
In the era of the knowledge economy, innovation has become key for enterprises to maintain competitive advantage. Knowledge management, as a theoretical method for systematically managing enterprise intellectual capital, plays an important role in promoting innovation. This study deeply explores the influence mechanism of knowledge management on enterprise innovation capability. The research analyzes how core processes such as knowledge acquisition, knowledge sharing, knowledge application, and knowledge creation promote enterprise innovation activities. The study proposes that effective knowledge management can theoretically accelerate knowledge flow, promote cross-departmental collaboration, and stimulate employee creativity, thereby improving the efficiency and quality of enterprise innovation. Especially in complex and dynamic market environments, knowledge management theory provides a framework for enterprises to respond quickly to changes and achieve continuous innovation. However, the research also points out that the effect of knowledge management is theoretically influenced by factors such as organizational culture, leadership style, and incentive mechanisms. Based on these analyses, this study proposes strategic suggestions for optimizing knowledge management practices to enhance enterprise innovation capability, providing theoretical guidance for enterprises to formulate effective strategies in knowledge-driven innovation competition....
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