Entrepreneurship
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ArticlePublication Metadata only Entrepreneurial marketing strategy in craft-based businesses in an emerging market: a qualitative interpretivist approach(Emerald, 2024-02-08) Saiyed, Abrarali Mohammadusmanali; Shaikh, A.; Gupta, S.; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıPurpose: The primary aim of this study is to gain insight into the entrepreneurial marketing strategy (EMS) decisions made by microenterprises in the craft sector and draw comparisons between the marketing strategy formulation and implementation of conventional businesses and those of craft-based microenterprises with a specific focus on the context of emerging markets, particularly India. Design/methodology/approach: This paper follows a qualitative interpretivist paradigm using a multiple-case methodology approach. It tracks craft-based microenterprises that make furniture or home décor products in India. The study participants were the founders, principal designers, studio managers or craftspersons. Findings: This study’s findings reveal that craft-based microenterprises implement an EMS that adopts a hybrid form of market orientation strategy. In this approach, the product or creative concept is at the centre of the decision-making, and the customer needs are factored in at a later stage for customisation. These microenterprises prioritise product positioning over segmentation and targeting strategies. Research limitations/implications: This study tries to understand marketing strategy decision-making processes among craft-based microenterprises in India. Given that study participants came from only two-product-based craft businesses, this limits the generalisability of the findings to similar or related contexts. This study provides a framework and methodology for replication in other contexts and industries to formulate a nuanced understanding of micro, context-specific, craft-based businesses. Originality/value: This study uses qualitative analysis to understand EMS in craft-based businesses in India. This study contributes to this fledgling stream of literature at the interface of marketing and entrepreneurship to understand entrepreneurial marketing. This study analyses the marketing strategy of craft-based businesses using the framework of Morgan et al. (2019).ArticlePublication Open Access From grassroots to international markets: A qualitative study of marginalized entrepreneurs in India(Elsevier, 2023-10) Saiyed, Abrarali Mohammadusmanali; Wierenga, M.; Fernhaber, S. A.; Nummela, N.; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıMuch of the growing literature on international entrepreneurship focuses on how positive circumstances, such as having prior international experience, business networks, or formal institutions lead to international entrepreneurial action and overlooks the role more challenging circumstances might play. In this study, we extend and refine challenge-based entrepreneurship theory to explore what influences international entrepreneurial action undertaken by marginalized entrepreneurs in an emerging economy. Despite widening economic and social disparities in emerging economies, little is known about entrepreneurs who have traditionally been “left behind.” Our findings suggest that these marginalized entrepreneurs have not only a set of liabilities but also advantages, including creative problem solving and perseverance, as well as local knowledge and networks. To spur the first-person international opportunity belief associated with international entrepreneurial action, an intermediary with resources and networks is needed to offset the liabilities. These intermediaries act as gatekeepers, helping some marginalized entrepreneurs but holding back others.ArticlePublication Metadata only Business group affiliation and internationalization of new ventures: Moderating role of industry and liberalization(Elsevier, 2023-03) Saiyed, Abrarali Mohammadusmanali; Eryarsoy, E.; Mondal, A.; Dhandapani, K.; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıInternationalization of new ventures (INV) has been the interest of inquiry for more than three decades. Though many researchers have looked at different factors and their impact on the speed, scope, and intensity of internationalization in new ventures, this stream of research requires more attention in the context of emerging economies. The study examines the role of a firm's business group affiliation and its impact on internationalization of new ventures in emerging economies. It also explains how industry concentration and liberalization of the economy change the relationship between business group affiliation and internationalization. Based on a dataset of new ventures from 67 industries founded in India during the period of 1996 to 2014, our results suggest that ventures with business group affiliation focus on the domestic market, and the focus changes from the domestic market to international when there is high industry concentration and with the liberalization of the economy.ArticlePublication Metadata only Entrepreneurial orientation, CEO power and firm performance: An upper echelons theory perspective(Emerald, 2023-05-22) Saiyed, Abrarali Mohammadusmanali; Tatoglu, E.; Ali, S.; Dutta, D. K.; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıPurpose: Adopting insights from the upper echelons theory, this study aims to investigate the relationship between entrepreneurial orientation (EO) and firm performance under the contingent influence of chief executive officer (CEO) power. Design/methodology/approach: Data were collected from a sample of large publicly-traded Indian software firms using the Prowess Database of Center for Monitoring Indian Economy (CMIE). Panel data regression analysis was used to test the study's hypotheses. Findings: The results indicate that EO has an inverted U-shaped relation with firm performance. Strong support is also found for a negative moderating influence of CEO power on the inverted U-shaped relationship between EO and firm financial performance, suggesting that powerful CEOs eventually harm entrepreneurial firms. Practical implications: The study encourages firms to have entrepreneurship orientation, but at a moderate level, to get the maximum benefit of EO. The study also explains to managers to what extent CEO power drives EO. Originality/value: The study contributes to the intersection of corporate entrepreneurship and upper echelons theory. The study shows that CEO power negatively affects the EO and firm's performance relationship. This study holds important insights for managers of entrepreneurial firms, especially in international contexts and emerging markets.ArticlePublication Metadata only Dominant-owner CEOs, board of directors and firm performance in emerging economies: Exploring the moderating impact of quad-qualified directors(Springer, 2023-12) Banerjee, S.; Zattoni, A.; Saiyed, Abrarali Mohammadusmanali; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıThere have recently been many calls to explore corporate governance in emerging economies, as these countries have distinctive characteristics such as a weaker institutional environment and the dominating influence of controlling shareholders. The literature has revealed that, in such institutional settings, there is the risk that powerful insiders maximize their own benefits at the expense of minorities and firm performance. This study advances our knowledge of corporate governance in emerging economies by exploring the moderating impact of quad-qualified directors – i.e., directors with independence, expertise, bandwidth, and motivation – on the relationship between dominant-owner CEOs and firm performance. We tested our hypotheses on a large cross-sectional sample of Indian listed firms. Our results show that dominant-owner CEOs undermine company performance, but quad-qualified directors may improve board monitoring and consequently attenuate their negative influence. Our findings support the soundness of the quad-qualified model for boards of directors, and contribute to the growing literature investigating which directors’ attributes may have a significant impact on board monitoring and firm performance.ArticlePublication Metadata only COVID-19 and the global value chain: Immediate dynamics and long-term restructuring in the garment industry(Elsevier, 2022-02) Mostafiz, M. I.; Musteen, M.; Saiyed, Abrarali Mohammadusmanali; Ahsan, M.; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıAdvancing the literature on global value chains (GVCs), this study investigates the impact of the COVID-19 pandemic on immediate dynamics and long-term changes shaping the evolution of the garment GVC. We use a partially grounded, longitudinal approach to analyze data on seven cases of Bangladeshi garment manufacturers, supplemented by archival data on the garment industry. Based on our analysis, we theorize that the COVID-19 crisis has led to three types of dynamics (temporal, structural, and spatial) that contribute to GVC restructuring. Consistent with the paradox approach, we document two counter-tensions that influence the GVC in the long term: the push to disintegrate (i.e., permanently restructure) and the pull to integrate (i.e., preserve or strengthen the existing structural routines). We conceptualize the ultimate structure of the GVC as the alignment of a new balance of power and new capabilities of the GVC actors. Implications for theory, practice, and policy are discussed.Conference paperPublication Metadata only Entrepreneurial characteristics and internationalisation of new ventures: a study of cognitive factors(Inderscience Publishers, 2021) Saiyed, Abrarali Mohammadusmanali; Entrepreneurship; SAIYED, Abraralı MohammadusmanalıResearchers (Acedo and Jones, 2007; Acedo and Florin, 2006b; Zahra et al., 2005) have argued that the impact of entrepreneur’s cognition in international new ventures (INV) has been an under-researched area though it has been studied in the field of entrepreneurship. This paper tries to study impact of various cognitive factors, attitude, tolerance for ambiguity, proactivity, intuition and international orientation, on speed of internationalisation in new ventures. Primary data was collected from 149 French and 98 Indian SMEs. The results showed decision makers’ attitude towards internationalisation affect firm’s early internationalisation, it was found positive in India while negative in France. Interestingly decision makers with high intuition were found first to focus on domestic markets and later enter into international markets. International orientation is very important for early internationalisation in new ventures in France. Copyright © 2021 Inderscience Enterprises Ltd.ArticlePublication Metadata only Unlocking the relationship between corporate entrepreneurship and firm performance(De Gruyter Open Ltd, 2021-01) Fiş, Ahmet Murat; Çetindamar, D.; Entrepreneurship; FİŞ, Ahmet MuratThis paper explores the relationship between corporate entrepreneurship and performance by developing a comprehensive theoretical model based on Schumpeterian understanding of entrepreneurship supported with the Theory of Planned Behavior from social psychology. The model shows how organizational culture (value) triggers a chain effect through its influence on entrepreneurial orientation (attitude) and managerial support (intentions) that ultimately generate impact on corporate entrepreneurship (behavior). We test our model in an emerging economy context and present our results with implications to theory and practice.Book ChapterPublication Metadata only Lessons learned about the hindering factors for regional cooperation towards the mitigation of climate change(Springer Nature, 2019) Özuyar, Pınar Gökçin; Entrepreneurship; ÖZUYAR, PinarAs the importance of climate change mitigation and adaptation increases, tools to assist these ranging from training materials, awareness raising event models to company level cooperation tools are being introduced to various stakeholders. These tools can only be effective by extensive utilisation throughout the globe which requires the communication and awareness raising on climate change. The actual implementation and impact assessment of these tools need to be further investigated. Opportunities and barriers for the use of such tools and whether climate change communication is an enhancing or hindering effect is very important in this investigation. As an example for such a tool, an industrial symbiosis model where an unorthodox regional approach is taken rather than close proximity cooperating companies, has been implemented in the Western Black Sea Region countries. The results of the study include three major barriers; namely, lack of regional policy and relevant legislation, trust among companies and a common working language in the region. The effects of other barriers and possible opportunities that would hinder these barriers are discussed in this study including the lack of regional policies on climate change based on one-to-one interviews with selected company representatives in the region. The lessons learned are significant for similar regional exemplary tools of sustainable development and climate change mitigation practices.ArticlePublication Open Access Being a woman entrepreneur in Turkey: Life role expectations and entrepreneurial self-efficacy(Sage, 2019-05) Fiş, Ahmet Murat; Ozturkcan, S.; Gür, Faik; Entrepreneurship; International Relations; FİŞ, Ahmet Murat; GÜR, FaikTwo major competing life roles, work and family, are reported to dominate people's efforts in constructing a life. Here, we aim to explore whether and how attributed life roles and related coping strategies of current and aspiring women entrepreneurs meaningfully differentiate and whether the existence of entrepreneurs in their families affects the formation of these different clusters. In our empirical, two-part exploratory study conducted in the emerging economy setting of Turkey, first, we utilize the survey results of 234 women entrepreneurs to explore the issue, and then in the second part of the study, we administer face-to-face interviews to draw out some critical insights. We end up with three different clusters differentiating in their responses to challenges and effect of these on their entrepreneurial self-efficacy beliefs. We believe our study may shed some light on understanding nonhomogeneous women response to roles and challenges in the society and women's entrepreneurial journey.Book ChapterPublication Metadata only Aligning sustainable development principles and sectoral education(Springer, 2018) Özuyar, Pınar Gökçin; Beyhan, Tugce Baykent; Entrepreneurship; ÖZUYAR, Pinar; Beyhan, Tugce BaykentThe competitive environment for new graduates to acquire a well-paid and satisfying job position and the long-standing gap between recent university graduates and business requirements as to the skills of these graduates, lead to the creation of a Sectoral Education Program model, involving seven different courses with various learning methods ranging from guest speakers, industry analyses and case studies to company practicum projects. The Sectoral Education Program model is a mandatory part of the curriculum for business students and electives for all other students university wide. Emphasized by the launch of sustainable development goals and trying to find complementary and comprehensive examples of innovative tools for private sector–university partnerships, this continuously developing model accepted one of the foci of the program as sustainable development and devised solutions that embed the teaching of sustainable development principles aligning them with concerns of business. In the embedded approach, the curriculum regarding local sectoral expertise, the crosscutting issues for all sectors from population dynamics, resource scarcity to climate change and even big data are being discussed. Over the three semesters of teaching local sectoral expertise in the light of crosscutting issues, students’ feedbacks have been recorded. Main results show that for university students the phrase sustainability is being overused but still the connotation to the real-world cannot be established. By embedding sustainable development principles directly aligned with the concerns of business sectors, majority of the students think that this know-how would be a skill for them in their future prospects.ArticlePublication Metadata only Start-up information search practices: the case of Turkey(Routledge Taylor & Francis, 2013) Fiş, Ahmet Murat; Çetindamar, D.; Entrepreneurship; FİŞ, Ahmet MuratInformation search may be especially crucial in an emerging economy context where gaps in knowledge are magnified due to the limited availability, accessibility, and quality of sources. Under the framework of social embeddedness, we observe the role of previous entrepreneurial experience in information search conducted during start-up. The impact of information search on future growth is also explored. Based on an empirical study of 172 Turkish entrepreneurs, the results indicate that (1) first-time entrepreneurs search more intensely, (2) first-time entrepreneurs utilize a greater number of formal resources, and (3) the intensity of information search is positively related with future growth.