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Economic growth is one the most relevant economic objectives for policy makers. In order to determine the variables that enhance such an objective it is important to consider different types of entrepreneurial activity. It is also necessary to consider the level of development and growth of a country to design the proper economic policy measures, given that entrepreneurship motivations and circumstances vary from country to country. Therefore, the purpose of this paper is to analyse the relationship between entrepreneurship and economic growth, including the role played by institutions and innovation considering two types of entrepreneurship (necessity and opportunity) and countries.

Data analysis of 31 countries with varying levels of growth and development yielded two large groups – either innovation-driven economies or efficiency-driven economies – following GEM classification based on the phases set out by the World Economic Forum. In order to test the hypotheses, a partial least squares analysis is carried out to show the existing relationships between the different variables, specifically: innovation, institutions, entrepreneurship and economic growth.

The empirical analysis used demonstrates that innovation positively affects economic growth and entrepreneurship. In addition, adequate functioning of institutions is shown to enhance economic growth and opportunity entrepreneurship. Finally, there is a positive relationship between entrepreneurship and economic growth.

Unlike other studies, different types of entrepreneurship (by necessity and opportunity) are essential to this analysis of the relationship between entrepreneurship and economic growth. The country sample was divided considering some country-specific structural circumstances. Neither aspect is considered in the literature and should be considered relevant for designing measures to enhance economic activity.

Outlines a general methodology for the solution of the system of algebraic equations arising from the discretization of the field equations governing coupled problems. Considers that this discrete problem is obtained from the finite element discretization in space and the finite difference discretization in time. Aims to preserve software modularity, to be able to use existing single field codes to solve more complex problems, and to exploit computer resources optimally, emulating parallel processing. To this end, deals with two well‐known coupled problems of computational mechanics – the fluid‐structure interaction problem and thermally‐driven flows of incompressible fluids. Demonstrates the possibility of coupling the block‐iterative loop with the nonlinearity of the problems through numerical experiments which suggest that even a mild nonlinearity drives the convergence rate of the complete iterative scheme, at least for the two problems considered here. Discusses the implementation of this alternative to the direct coupled solution, stating advantages and disadvantages. Explains also the need for online synchronized communication between the different codes used as is the description of the master code which will control the overall algorithm.

This study clarifies the intricate nature of globalization's impact on unemployment rates in South Africa. Given the heterogeneous views on globalization's effect on economic development, this study aims to offer a nuanced perspective. Furthermore, it aims to explore the mediating role of entrepreneurial development in shaping the complex relationship between globalization and unemployment.

The study employs four key indicators to measure entrepreneurial development, globalization and unemployment rates in South Africa. Hierarchical regression is used to evaluate the relationship between globalization and unemployment rates, and how entrepreneurial development mediates this relationship. Additionally, both the Sobel test and bootstrapping analyses were employed to verify and validate the mediating relationship.

The study demonstrates that globalization constitutes a crucial determinant of (un)employment rates in South Africa. The study shows that entrepreneurial development, specifically in the context of established business ownership, but not total early-stage entrepreneurial activity, exhibits an inverse relationship with unemployment rates. Moreover, it was observed that the positive impact of globalization on entrepreneurial development in South Africa becomes evident as SMEs advance to the established stage.

The study's concentration on South Africa constrains the applicability of the results to other nations.

Based on the findings of this study, it is essential for emerging economies, such as South Africa, to take measures to foster a robust entrepreneurial ecosystem that can aid in the growth and international competitiveness of young SMEs.

To the best of the authors' knowledge, this study represents the first endeavor to analyze the potential impact of entrepreneurial development, as measured by both nascent and mature SMEs, on the correlation between globalization and unemployment.

The current research investigates the regional differences in benefiting from innovation toward growth ambitions in a sample of female entrepreneurs in the Middle East and North Africa (MENA) and Nordic region. A sample of 4,048 early-stage female entrepreneurs from these two regions who were participated in annual surveys of Global Entrepreneurship Monitor was selected for further analysis. The results of data analysis using hierarchical linear modeling (mixed models) revealed that innovation benefits growth ambitions of early-stage female entrepreneurs. Further, the regional differences affect the benefit of innovation in shaping growth ambitions, so that, in Nordic region, the early-stage female entrepreneurs expect more growth out of their innovation as compared with their counterparts in MENA region. These results have been discussed regarding to existing literature, and future research directions have been suggested based on the results.

This chapter is a descriptive and exploratory study of the challenges and opportunities faced by franchisors in adapting their franchise systems to accommodate cultural diversity among franchisees. It uses literature on migrant entrepreneurs and cultural diversity in small business settings in the United Kingdom, Europe, and the Americas as a basis for application to a franchising context. Triggered by events in the Australian franchising sector over the past two years, in which franchise systems have been embroiled in controversial and illegal activities undertaken by franchisees – many of whom were business migrants – the research begins to unravel the complexities of utilizing migrant franchisees as vehicles of system growth. Two sources of data provide indicative evidence about the issues associated with migrant franchisees. Firstly, two surveys of franchisors were conducted in 2014 and 2016 to obtain descriptive data about the incidence of migrants as franchisees. Secondly, a series of focus groups provided insights into the challenges and opportunities faced by franchisors in recruiting and managing migrant franchisees. Tentative findings of best practice in accommodating migrant franchisees are revealed. This research begins to fill an important gap in the literature about cultural diversity in franchising.

This chapter aims to conceptualize the general framework of policies to support entrepreneurship and competitiveness by indicating a move from a dispersive comprehension of competitiveness towards an integrated macro-meso-micro perspective, by taking as a case study the European South. First, it presents theoretical contributions to entrepreneurship enhancement policies, which mostly suggest that intervention can be effective in a fragmentary and relatively incoherent way. Then, it counter-proposes the ‘competitiveness web’ approach, which gives an integrated policy framework for the competitive strengthening and evolution of a socioeconomic system. In the framework of competitiveness web, we analyze and propose a meso-micro level policy via the Institutes of Local Development and Innovation (ILDI), which is a policy for empowering the local and regional business ecosystems through the enhancement of business innovation. Finally, by using the competitiveness web filter, we propose the structuration of a mechanism that could identify the level at which the socioeconomic entities in different spatial levels can articulate their policies for entrepreneurship enhancement in the macro-meso-micro integrated approach.

This study aims to provide a better understanding of the individual-level factors that affect rural women’s sustainable entrepreneurial intention in starting and running a business in Bangladesh and contributing to national economic growth.

Data from a sample of 297 rural Bangladeshi women were analysed using a quantitative approach with Smart PLS 3.0 (SEM) and SPSS V25. This was to explore the direct influence of perceived capability, social perception and individual competencies on women’s intention to become sustainable entrepreneurs. The indirect consequences of these three variables on perceived opportunity were also evaluated.

The studies confirmed a positive and significant association between perceived capability and social perception with the intention to become a sustainable entrepreneur. There is no conventional connection between women’s individual competencies and their intention to become an entrepreneur. Moreover, the data confirmed that perceived opportunity mediates the relationship between perceived capability and individual competencies with the intention to become an entrepreneur. However, no mediation role of perceived opportunity in the relationship between social perception and intention was found.

This study is one of very few to explore through empirical analysis the relationship between women’s individual characteristics and their intention to become sustainable entrepreneurs and to investigate whether rural women are motivated to become empowered to contribute to economic development through sustainable entrepreneurial intention.

Purpose: The purpose of this study is to identify and understand the obstacles hindering social entrepreneurship as a business model. Methodology/Approach: We performed an exploratory analysis structured in three stages. First, we used the Delphi method to identify the main difficulties with the collaboration of 20 social entrepreneurship experts. We then analyzed how these experts and a group of 21 social entrepreneurs rated the importance of the difficulties that had been identified. Finally, we performed a comparative analysis of both groups' ratings and found significant differences between their perceptions. Findings: Experts and social entrepreneurs agree on identifying financial difficulties as the main obstacles. They all highlight the lack of financial resources and difficulties in the sustainability and independence of the venture in the long term. However, while the experts recognize that human resources' lack of skills is another important obstacle, the social entrepreneurs give more importance to external factors, such as resistance to social change or lack of knowledge and understanding of the social entrepreneurship concept. Practical Implications: The decision to seek the collaboration of two different groups is enriching, as the results show that their perceptions of the barriers facing social entrepreneurship do not always coincide. Originality/Value of Chapter: It is a chapter focused exclusively on deepening the knowledge of the obstacles to social entrepreneurship, which tries not only to identify them but also to offer the vision of experts in social entrepreneurship as well as of social entrepreneurs themselves.

This study aims to explore the influence of innovation in entrepreneurial activities and job creation, examine the influence of innovation in entrepreneurial activities on jobs creation and investigate the moderating influence of entrepreneurial characteristics between entrepreneurial activity, innovation and job creation.

The data was collected from Oman Global Entrepreneurship Monitor data 2020. Sample of 2,000 individuals was involved in entrepreneurial activities. SPSS and PLS software were used to test the structural model and research hypothesis.

The results revealed that innovation affects the level of created jobs. Entrepreneurial activity has a significant influence on innovation, jobs created and an indirect effect on jobs created through the mediating influence of innovation. All direct and indirect relationships of entrepreneurial activity and innovation with the expected jobs are insignificant. The findings demonstrate that demographics moderate the relationship between entrepreneurial activity and innovation.

The study outcomes will be useful for policymakers to understand the innovation types in entrepreneurial activities and whether these enterprises can create future jobs.

The findings will help entrepreneurial ecosystems and managers to strengthen their business ventures using innovative business models.

This research will provide decision-makers with mechanism on how better business environment will benefit stakeholders.

While this topic is widely investigated in developed countries, little is known about the impact of innovation on entrepreneurial activities in creating jobs in developing countries. This research contributes to entrepreneurship innovation and institutional theory literature by understanding the role of the entrepreneurship conditions framework that support the jobs creation.

This study aims to present the first meta-analysis of the research on social entrepreneurship and socio-economic development (SESED). Nation-states, researchers and organizations realized the pivotal role of social entrepreneurship in socio-economic development in the recent two decades. The body of knowledge in this domain witnessed consistent research growth, but it still lacks a critical review to map the scholarly literature and to guide future researchers.

This study used meta-analysis that combines bibliometric and content analyzes of 83 most relevant articles from 910 initially retrieved articles from the Web of Science, published in 75 different journals and 45 countries during 2005 and 2020. The analysis was performed using Histcite, VOSviewer and Biblioshiny software to identify the most influential aspects and to conduct citation and content analyze of selected publications.

The findings showed an overall consistent growth in research publications during the past 16 years with “Social Entrepreneurship and Enterprise: International and Innovation Perspectives” as the most influential article, “Entrepreneurship and Regional Development” as the most influential journal, and the USA and the UK as the most productive countries. The keyword co-occurrence analysis exposed five thematic clusters and content analysis revealed five streams within the selected publications.

This study provides 10 research questions that urge future researchers to conduct a thorough investigation on how social entrepreneurship while solving social, cultural, environmental and community issues, contributes to socio-economic development.

This study identifies prominent trends, intellectual structure, leading research streams and specific future research directions in the field of SESED.