{"title":"Ethics from the Start: Embracing Professional Moral Courage in Entrepreneurial Decision-Making","authors":"Leslie Sekerka, D. Stimel","doi":"10.47260/bej/1311","DOIUrl":"https://doi.org/10.47260/bej/1311","url":null,"abstract":"Abstract\u0000\u0000If entrepreneurs want to create ethical organizations, moral considerations need to be embedded within the decisions they make from the onset of project creation. Prior to an ethical issue surfacing the startup founder needs to cultivate a desire to be ethical and to develop and demonstrate the requisite skills that support an ability to engage in right and/or moral behavior. Our suggested proactive approach to ethical entrepreneurship leverages extant scholarship in the areas of moral decision-making theory and positive organizational ethics. We apply these concepts by offering a process to depict how the elements of professional moral courage (PMC) can be applied as competencies to fortify a path of moral action as entrepreneurs face financial decisions. The implications of this effort underscore how the moral identity of the organization’s creator helps to form the identity of their nascent company. We conclude this article with an affirmation that scholars, practitioners, and educators must help entrepreneurs think as deeply about ethics as they do about the creation and growth of their projects, along with money and markets.\u0000\u0000JEL classification numbers: M13, L26.\u0000Keywords: Ethical entrepreneurship, Professional moral courage, Ethical decision-making, Positive organizational ethics, Organizational identity, Moral identity.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"222 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139848722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Ethics from the Start: Embracing Professional Moral Courage in Entrepreneurial Decision-Making","authors":"Leslie Sekerka, D. Stimel","doi":"10.47260/bej/1311","DOIUrl":"https://doi.org/10.47260/bej/1311","url":null,"abstract":"Abstract\u0000\u0000If entrepreneurs want to create ethical organizations, moral considerations need to be embedded within the decisions they make from the onset of project creation. Prior to an ethical issue surfacing the startup founder needs to cultivate a desire to be ethical and to develop and demonstrate the requisite skills that support an ability to engage in right and/or moral behavior. Our suggested proactive approach to ethical entrepreneurship leverages extant scholarship in the areas of moral decision-making theory and positive organizational ethics. We apply these concepts by offering a process to depict how the elements of professional moral courage (PMC) can be applied as competencies to fortify a path of moral action as entrepreneurs face financial decisions. The implications of this effort underscore how the moral identity of the organization’s creator helps to form the identity of their nascent company. We conclude this article with an affirmation that scholars, practitioners, and educators must help entrepreneurs think as deeply about ethics as they do about the creation and growth of their projects, along with money and markets.\u0000\u0000JEL classification numbers: M13, L26.\u0000Keywords: Ethical entrepreneurship, Professional moral courage, Ethical decision-making, Positive organizational ethics, Organizational identity, Moral identity.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":" 46","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139788900","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Augmented Reality Marketing Implementation in Greek SMEs - A SWOT Analysis","authors":"Maria Xygkogianni","doi":"10.47260/bej/1227","DOIUrl":"https://doi.org/10.47260/bej/1227","url":null,"abstract":"Abstract Augmented Reality (AR) has established itself as a transformative tool in the domain of marketing, enabling both immersive and interactive experiences for consumers. The inherent capability of AR to overlay digital content onto the real world provides marketers with unparalleled opportunities to connect with their target audience. For the effective integration of Augmented Reality Marketing (ARM) within Greek Small and Medium-sized Enterprises (SMEs), it's essential to capitalize on inherent strengths, address potential weaknesses, exploit existing opportunities, and strategically navigate anticipated threats. Fundamental to the successful incorporation of ARM in this context is the development of a carefully crafted strategy, enriched by a deep understanding of the local market dynamics. From a methodological standpoint, this research draws upon a set of predetermined keywords sourced from renowned databases such as Google, Google Scholar, Semantic Scholar, Science Direct, and Scopus. Using secondary data, the collated information was analyzed using the SWOT framework, facilitating a thorough examination of strengths, weaknesses, opportunities, and threats. To achieve this, a SWOT analysis was systematically employed, offering a comprehensive view of the potential for integrating augmented reality marketing within Greek SMEs. Keywords: Augmenting Reality Marketing, Digital Marketing, SMEs, Swot Analysis, Greece, Greek enterprises.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"231 2","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139254355","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An Exploratory Study of the Process Model of Social Problem-Solving in Social Entrepreneurship Research","authors":"C. Nguyen","doi":"10.47260/bej/1225","DOIUrl":"https://doi.org/10.47260/bej/1225","url":null,"abstract":"Abstract\u0000\u0000Social entrepreneurship is still in its infancy and there are few studies discussing its process of solving poverty issues. The article argues that discovering and exploiting social entrepreneurial opportunities for the formation of new goods or services in the social entrepreneurial process cannot guarantee that the problem is solved completely. The article suggests that understanding the nature of the problem and putting the focus on behavioral patterns of the individuals facing the problem are important steps as well as issues to be taken into consideration in any problem-solving approach. These are white spaces in current social entrepreneurship research as well as challenges for the development of the field into a really problem-solving approach.\u0000\u0000Keywords: Social entrepreneurial process, problem-solving process, poverty alleviation","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128268438","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reintroducing Industry Effects in Capital Structure Determination of SMEs","authors":"N. Daskalakis, Eleni Tsota","doi":"10.47260/bej/1224","DOIUrl":"https://doi.org/10.47260/bej/1224","url":null,"abstract":"Abstract\u0000\u0000Following recent literature on the specific field of industry effects on capital structure determination (Kumar et al., 2017; Daskalakis et al., 2022), the main purpose of this paper is to reintroduce the importance of industry effects in the determination of financial leverage, focusing on SMEs. In this paper, we investigate whether SMEs capital structure is determined differently across different industries. We construct a three-stage econometric model, built around industry differentiations in capital structure determination, aiming to investigate the following two aspects: a) the relationship between the debt ratio and specific capital structure determinants, taking the industry factor under consideration, b) any potential differentiation in capital structure determinants across the selected industries. We not only show that the different capital structure determinants affect financial leverage in different ways across industries (different signs), but we also show that the level of intensity is different (statistically different coefficients) even in case the signs are the same.\u0000\u0000JEL classification numbers: G3, G32.\u0000Keywords: Capital Structure, Financial Leverage, Industry Effects, SMEs Financing, Pecking Order Theory, Trade-off Theory.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"16 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124206117","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Encompassing Embodiment in Entrepreneurial Learning","authors":"Aikaterini-Panagiota Voudda, A. Kakouris","doi":"10.47260/bej/1223","DOIUrl":"https://doi.org/10.47260/bej/1223","url":null,"abstract":"Abstract\u0000\u0000The present conceptual article discusses non-cognitive aspects of entrepreneurial learning. Entrepreneurs are known to undergo extreme experience phases during establishing their firms where peak experience, peak performance and flow counteract. As a result, increasing anxiety and stress may hamper their performance. Non-cognitive skills that consider simultaneously mental processes, emotions and spirit in connection with the human neurophysiological system in a holistic, human learning process, could appear more efficient in describing how entrepreneurial learning occurs in stressful situations. In the present discussion somatic learning education is suggested as a possibility to enhance entrepreneurial learning, creativity and performance in stressful situations. As non-cognitive entrepreneurial skills have been overlooked in the extant literature, the present discussion initiates a discussion for further research in the field. The concepts of holistic entrepreneurial learning, embodiment and somatic learning are described while their relevance to stressful business start-upping and entrepreneurial well-being is sought. The article concludes with relevant research questions for further examination.\u0000\u0000Keywords: Entrepreneurial education, Embodiment, Somatics, Peak performance, Peak experience, Flow, Well-being, Stress regulation, Innovation, Creativity.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127786510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Researching Entrepreneurial Beliefs in Career Decision-making","authors":"Sofia Tampouri, Andronikos Kaliris, A. Kakouris","doi":"10.47260/bej/1222","DOIUrl":"https://doi.org/10.47260/bej/1222","url":null,"abstract":"Abstract\u0000\u0000Entrepreneurship is suggested as a key-mechanism for endogenous growth and social cohesion in modern, knowledge-driven societies and economies. Whether the youth will develop entrepreneurial competencies and initiatives has been considered crucial for economic growth and development and a key-subject of education and career counseling. Despite an increasing body of theoretical and empirical literature which mainly emphasize the formation of entrepreneurial intention and the strengthening of entrepreneurial self-efficacy -usually as a result of some intervention-, the findings show deficiencies or relative ambiguity, in terms of explaining the complex factors (e.g. entrepreneurial mindset, dysfunctional beliefs) associated with entrepreneurial intention and behavior. The present conceptual paper presents a synthetic literature review aiming at a deeper understanding of entrepreneurial intention and behavior. Based on the emergence of new, more explanatory, models to predict entrepreneurial behavior we emphasize how relevant research could approach this topic through the lens of the Socio-Cognitive Career Theory - driven by self-efficacy, outcome expectations and goal-directed activity - given that to date few studies have used this theoretical framework. We also suggest that the traditional entrepreneurial self-efficacy concept is investigated along with a new framework (ASKO) to measure beliefs regarding success of new ventures. ASKO typology traces a variety of different entrepreneurial mindsets within the person-environment dichotomy. Moreover, the potential contribution of dysfunctional career beliefs and locus of control in the formation of entrepreneurial behavior is examined. Career decision process and entrepreneurial career choices are highly complex and entail elements of various theoretical perspectives. The present literature review sheds light to our understanding of entrepreneurial career choices and suggests holistic in-depth research that will provide rich explanatory information on a wide range of behaviors. Finally, the present review provides opportunities to get insights regarding the nature and potential influence of support interventions in the context of entrepreneurship education and career counseling.\u0000 \u0000Keywords: Entrepreneurship, career beliefs, entrepreneurial self-efficacy, ASKO typology, career counseling, entrepreneurship education.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128746890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Identifying and Managing Risks Inherent to Cultural Differences in the Case of Production Internationalization","authors":"Jalal El Fadil, J. St-Pierre","doi":"10.47260/bej/1221","DOIUrl":"https://doi.org/10.47260/bej/1221","url":null,"abstract":"Abstract\u0000\u0000Ignoring cultural differences can cause unfavourable situations and negatively influence the success of production internationalization projects. A decision to subcontract part of the production or to produce in a foreign country, requires identifying and controlling the risks related to cultural differences. Our research objective was to study these risks and the business practices used to face them. In order to reach this objective, we studied eight (8) Canadian manufacturing companies, that outsourced part of their production to China. Results show that the risks related to cultural differences, can provoke an important divergence between requirements of the Canadian company and the resulting products manufactured by the Chinese subcontractor and cause an additional unexpected manufacturing cost. The risk of misunderstanding and difficulty communicating in addition to difficulty applying quality control practices were critical for most of the studied companies’ managers. However, the identified risks could be controlled with different business practices, which we classified according to their role of mitigation or contingency. Frequent interaction with Chinese partners, developing a good trust-based relationship with them and finding ways of encouraging them to get more involved in the partnership and to suggest solutions and innovations represent some of the important practices to adopt.\u0000\u0000JEL classification numbers: M1.\u0000Keywords: Cultural differences, Production internationalization, International outsourcing, Outsourcing in China, Risk management, Cross-cultural management.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"87 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114588580","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Decentralized Pollution Standard Setting with Agglomeration Forces Present in a Model of Specific Firm Mobility","authors":"Mitch Kunce","doi":"10.47260/bej/1213","DOIUrl":"https://doi.org/10.47260/bej/1213","url":null,"abstract":"Abstract\u0000\u0000Herein we augment the traditional devolved environmental interjurisdictional-competition model with specific firm mobility in the presence of agglomeration economies. Now the number of firms in a jurisdiction becomes pertinent in the story of decentralized efficiency. Specifically, when agglomeration forces are sufficiently strong, firm movement is subdued. Placed-based environmental policies aimed at swaying a firm's location decision are rendered relatively ineffective. As a result, jurisdictions possess incentives to excessively overprotect environmental quality − a race-to-the-top. Firm taxation effects on devolved efficiency are also examined.\u0000\u0000JEL classification numbers: Q51, Q58, R38.\u0000Keywords: Decentralized environmental regulation, Agglomeration economies, Firm location.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":" 733","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131978191","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Entrepreneurship Education Program on Entrepreneurial Intention: Case of Sidi Bennour Polydisciplinary Faculty","authors":"Makry Hajar, Mina Bakasse","doi":"10.47260/bej/1212","DOIUrl":"https://doi.org/10.47260/bej/1212","url":null,"abstract":"Abstract\u0000\u0000This research tries to examine the impact of entrepreneurship education on student’s entrepreneurial intention, by making a comparative analysis among different groups of students in Polydisciplinary Faculty of Sidi BENNOUR, Chouaib Doukkali University. The success of entrepreneurship education programs remains unanswered if it doesn't lead the student to entrepreneurship or at least to develop a profile validating entrepreneurial attitudes.\u0000This article attempts to discuss entrepreneurship education from the perspective of practical and theoretical implications and discusses its role in the context of national economy. A set of hypotheses was formulated according to demographics, disciplines, and education levels to understand their impact on entrepreneurial intentions and attitudes. These hypotheses were tested in a quantitative survey of two different population of students participating in an academic entrepreneurship education program.\u0000\u0000JEL classification numbers: L26.\u0000Keywords: Entrepreneurial intention, Entrepreneurship education, Students, Entrepreneurship, Chouaib Doukkali University.","PeriodicalId":278578,"journal":{"name":"Business & Entrepreneurship Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129172098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}