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1 – 10 of 15Emiel L. Eijdenberg, Leonard J. Paas and Enno Masurel
This paper aims to investigate the effect of decision-making, in terms of the effectuation and causation orientation of small business owners, on the growth of their small…
Abstract
Purpose
This paper aims to investigate the effect of decision-making, in terms of the effectuation and causation orientation of small business owners, on the growth of their small businesses in an uncertain environment: Burundi.
Design/methodology/approach
On the basis of primary data from a pre-study of 29 expert interviews, a questionnaire was developed and was filled in by 154 small business owners in Burundi’s capital, Bujumbura. Subsequently, correlation analyses, a factor analysis and regression analyses were performed to test the hypotheses.
Findings
While, on the one hand, the findings show that small business owners who perceive the environment as uncertain are more effectuation-oriented than causation-oriented; on the other hand, the findings show that effectuation and causation orientations do not influence later small business growth. Therefore, other determinants for small business growth in an uncertain environment should be further explored.
Originality/value
This paper fills the research gap of decision-making in relation to small business growth from the entrepreneurs who are among the billion people who live in absolute poverty. On the basis of Western studies, effectuation might be more present in contexts of dealing with many uncertainties of future phenomena, and that it is often positively correlated with firm growth. In contrast, this paper shows that neither an effectuation orientation nor a causation orientation significantly affects small business growth in a context that can be assumed as highly uncertain.
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Thirumaran K, Emiel L. Eijdenberg and Caroline Wong
This study aims to advance the scholarship of yachting in the context of wellness by exploring the following research question: in what ways is wellness created and experienced by…
Abstract
Purpose
This study aims to advance the scholarship of yachting in the context of wellness by exploring the following research question: in what ways is wellness created and experienced by luxury yachting?
Design/methodology/approach
Since the extant journal literature from 2012–2023 in peer-reviewed journals is limited on the topic that links luxury yachting and wellness, the authors drew on other sources such as books and chapters in edited volumes. A third layer of material was drawn from the grey literature such as mass media and business websites. Following the Preferred Reporting Items for Systematic reviews and Meta-Analyses extension for Scoping Reviews (PRISMA-ScR) method, the authors examined 18 publications relating to the intersectionality of yachting and wellness.
Findings
Manufacturing and charter companies in the yachting industry are focused on creating and emphasizing features onboard that create a self-caring and wellness experience. The yacht design, spatial influences and the leisure time spent at destinations on anchor can also add value to wellness. This study enables us to understand the kinds of signals received by manufacturers and the media from yachting clients. These signals relate to the types of wellness needs and activities, as well as how crews and chefs create the best hospitality experiences for their clients.
Originality/value
Given the scarce and niche nature of research on yachting and wellness, this paper explores future research areas in wellness through luxury yachting which include hospitality aspects of creating and co-creating wellness experience on board the yacht and viewing yachting as a lifestyle necessity product for all levels of wealth and well-being.
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The purpose of this paper is to investigate the impact of entrepreneurial motivation and entrepreneurial orientation in Tanzania’s informal economy. The development of personal…
Abstract
Purpose
The purpose of this paper is to investigate the impact of entrepreneurial motivation and entrepreneurial orientation in Tanzania’s informal economy. The development of personal wealth is used to measure the performance of subsistence entrepreneurs in the mama lishe sector.
Design/methodology/approach
On the basis of a literature review and a qualitative pre-study involving 27 interviewees, a questionnaire was completed by 152 subsistence entrepreneurs who are known as the mama lishe. Subsequently, a correlation analysis, a factor analysis, and regression analyses were performed to test the hypotheses.
Findings
On the basis of a factor analysis, a distinction is made between the development of basic personal wealth and the development of advanced personal wealth. Entrepreneurial motivation and entrepreneurial orientation, as constructed by studies in western countries, have little effect on both forms of personal wealth. Instead, the owner’s age, as an indicator of entrepreneurial experience, is a relatively strong predictor for the development of personal wealth.
Originality/value
By examining the determinants of the performance of subsistence entrepreneurs in an African least developed country (LDC), this study shows that the western definitions of entrepreneurial motivation and entrepreneurial orientation are not directly applicable in this context. By using performance measures such as the development of personal wealth, this study supports the perspective that entrepreneurs in the informal economy of an LDC operate under a different paradigm than their counterparts in the industrialized nations of the west. Accordingly, it is concluded that one size does not fit all.
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Emiel L. Eijdenberg, Deo Sabokwigina and Enno Masurel
The purpose of this paper is to investigate the extent to which performance and environmental sustainability orientations (ESOs) are developed, as well as their association, in a…
Abstract
Purpose
The purpose of this paper is to investigate the extent to which performance and environmental sustainability orientations (ESOs) are developed, as well as their association, in a typical impoverished community: the informal economy of an African least developed country (LDC).
Design/methodology/approach
Based on a literature review and a pre-study on the spot, a questionnaire was developed before being completed by 140 informal food vendors – that is, “subsistence entrepreneurs” – in Tanzania. t-Tests, correlation analyses and regression analyses were carried out to approach the formulated hypotheses.
Findings
The results showed that a significant distinction can be made between basic and advanced performance. In addition, the respondents showed significantly higher levels of awareness of ESO practices that are intangible and are not fully within their control than the so-called personal tangible ESO practices. However, performance was minimally affected by ESOs.
Originality/value
While firm performance and environmental sustainability have been shortlisted on agendas outside academia (e.g. international development organisations) as a means to develop LDCs, the scientific community is lagging behind with regard to these two. This paper is one step forward in unravelling how performance and ESOs occur in LDCs.
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