Journal of Entrepreneurship, Business and Economics
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    206 research outputs found

    Understanding the Catalysts and Obstacles: The Path to Performance Budgeting in Iraq's Higher Education Sector

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    Amid growing pressures for efficient governance, performance budgeting (PB) emerges as a crucial reform in developing regions, particularly Iraq, where traditional models have faltered. This study investigates the adoption of PB within Iraq's higher education sector, using a quantitative approach. Data from 401 respondents were analyzed through Partial Least Squares Structural Equation Modeling (PLS-SEM) to explore the influence of internal and external pressures and identify adoption barriers. Results revealed that internal pressures significantly promote PB adoption, while external pressures underscore the global trend towards accountable budgeting. However, persistent barriers, such as institutional resistance and resource scarcity, impede effective adoption. These findings underline the necessity for tailored approaches to PB in contexts like Iraq, offering insights for policymakers on overcoming these challenges. Research Paper Keywords: Performance Budgeting (PB), Iraqi Ministry of Higher Education (MOHE), Internal pressures (IP), External pressures (EP), Barriers (B), Financial management Reform, Government accounting, Organizational change Reference to this paper should be made as follows: Khudhair, A.H., Daud, Z.M., Mustafa, H.A.R., & Jasim, A.N. (2024). Understanding the Catalysts and Obstacles: The Path to Performance Budgeting in Iraq's Higher Education Sector. Journal of Entrepreneurship, Business and Economics, 12(1), 124–189

    ChatGPT in Sustainable Business, Economics, and Entrepreneurial World: Perceived Usefulness, Drawbacks, and Future Research Agenda

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    Considering some drawbacks, the application of Chat Generative Pre-training Transformer (ChatGPT) in sustainable business, economics, and entrepreneurial projects has numerous advantages. This review seeks to comprehend the present scenario of ChatGPT utilization in business, economics, and entrepreneurial domains and its perceived benefits and drawbacks. The researchers employed a scoping literature review. Researchers used the SCOPUS and Google Scholar databases from January 2023 to March 2024. The research employed a five-stage process to design the study along with the guidelines of the PRISMA-ScR checklist. Finally, to synthesize the result, researchers used a thematic framework. Researchers included 40 studies excluding non-English records, clinical studies on ChatGPT, comparisons of ChatGPT performance on examinations to people and publications from non-academic sources like newspapers, internet websites, magazines, etc. The findings reveal that ChatGPT can augment decision-making procedures and boost the effectiveness of diverse business, economic, and entrepreneurial operations. In addition, organizations can enhance their ability to engage with consumers and clients, resulting in improved relationship-building and quick decision-making processes. Moreover, the overdependence on ChatGPT raises ethical and privacy apprehensions. It is crucial to consider that ChatGPT requires further improvement in terms of reliability; it is currently prone to numerous errors and generates unsuitable responses for some contexts. The study also provides directions for future research on the application of ChatGPT. Ultimately, business organizations, entrepreneurs, and general readers will comprehensively understand the advantages and disadvantages of incorporating ChatGPT in the business, economics, and entrepreneurship world. Research Paper Keywords: ChatGPT; Challenges; Economics; Entrepreneurship; Sustainable Business; Perceived Usefulness; Scoping Review; and TAM Reference to this paper should be made as follows: Rahaman, M.S., Ahsan M.M.T, Anjum, N., Dana, L.P., Salamzadeh, A., Sarker D., &Rahman, M.M. (2024). ChatGPT in Sustainable Business, Economics, and Entrepreneurial World: Perceived Usefulness, Drawbacks, and Future Research Agenda. Journal of Entrepreneurship, Business and Economics, 12(1), 88–123

    The role of training and development, employee engagement in work performance: organizational commitment as a mediator

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    The hotel sector is a significant pillar in Bangladesh because it has significantly contributed to its economic development. Employee work performance has become a global business phenomenon in the service industry over various years because work performance in the hotel industry heavily depends on employee engagement and training facilities. The present research determined the mediating influence of organizational commitment on the impact of training and development and employee engagement on work performance among frontline employees in Bangladesh. Applying a simple random technique, from the 362 frontline employees, data was gathered from the selected population. Collected data was analyzed using SPSS, which was used for descriptive analysis, and Smart-PLS 3.0 was applied to the structure and measurement models. The structure model tested all hypotheses of this study. In this study, training and development, employee engagement, and organizational commitment significantly influence work performance. Moreover, organizational commitment partially mediates the impact of training and development and employee engagement on work performance. The contribution is that owners, managers, and policymakers should take necessary action to develop work performance and organizational commitment, considering the right behaviour. Additionally, employee engagement and development training facilities should be implemented to meet the hotel's demands for the future and present. The present study explains outcomes with various research limitations that suggest further study is needed. This study fulfils the research gaps in the hotel sector of Bangladesh, which indicates that organizational commitment, work performance, employee engagement, training and development were not high. Research Paper Keywords: Training and Development, Employee Engagement, Organisational Commitment, Work Performance, Frontline Employees Reference to this paper should be made as follows: Hosen, S., Hamzah, S.R., Ismail, I.A., Alias, S.N., & Abd Aziz, M.F. (2024). The role of training and development, employee engagement in work performance: organizational commitment as a mediator. Journal of Entrepreneurship, Business and Economics, 12(2), 28–68

    Internationalisation Factors - Competency, Commitment and Coordination: A Study on Women-Owned SMEs

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    The purpose of this study is to examine the effect of competency on internationalisation orientation through the mediation of commitment to learning and coordination. This study also examines the moderation effect of length of business in international new ventures (INVs) on the model. This research focused on INVs belongs to women SMEs in Malaysia. Length of business since inception is hypothesised to interact with commitment and coordination, and thus leads to stronger effect on internationalisation orientation. Quantitative research employing a cross-sectional survey is the method chosen for the research design. These hypothesised relationships are tested using mediation effect test whereas, moderation effect test performed using product indicator approach employing Partial Least Squares-SEM technique. Survey data collected from 154 owned by women entrepreneurs. The samples selected based on directories of exporters in Malaysia employing purposive sampling. The research found commitment to learning and coordination are significant mediators transmitting the effect of competency towards internationalization orientation. The moderation effect of length of a business, also found to be significantly strengthens the effect from coordination towards internationalisation orientation, and strengthen the effect of commitment towards internationalization orientation. Research paper Keywords: Women, Internationalisation, Competency, Commitment, Coordination, Small medium-sized enterprise, Women Reference to this paper should be made as follows: Nordin, N., Siti-Nabiha, A. K., & Mohd Noordin, N. F. (2022). Internationalisation Factors - Competency, Commitment and Coordination: A Study on Women-Owned SMEs. Journal of Entrepreneurship, Business and Economics, 10(2S1), 216–255.    &nbsp

    Consumers Consumption Values and Consumer Satisfaction toward Continuous Intention to View Digital Video Content

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    Digital video content has growing into a global business phenomenon during last few years, the prosperity and success of digital video contents heavily relies on the continuance usage of consumers. This study aims to examine the relationship between consumer consumption values and consumer satisfaction towards continuous intention to watch digital content. We collected quantitative data via an online survey disseminated to a total of 215 respondents among young digital video consumers in Malaysia, and the data was analyzed using SPSS/PLS-SEM. The findings revealed that the functional value, entertainment value, perceived usefulness, and confirmation were significant determinants of consumer satisfaction. Meanwhile, social value and informative value were found to be insignificant to consumer satisfaction and social media usage was found to not strengthen the relationship between consumer satisfaction and continuous intention. The findings could help video content providers to understand consumers’ preferences as well as marketers and organizations to use and adapt these factors in their marketing strategies to improve video content creation so it can be more effective and attractive to consumers’ needs and preferences. This is one of the few studies that implied social media usage as a moderator towards continuous intention to view video content with the integration of two theories that were Theory of Consumption Value and the Expectation of Confirmation Model. Research paper Keywords: Satisfaction; Continuous Intention; Social Media Usage; Theory of Consumption Values; Expectation Confirmation Model Reference to this paper should be made as follows: Ariffin, S. K., Hilmawan, H., & Zhang, Q. (2023). Consumers Consumption Values and Consumer Satisfaction toward Continuous Intention to View Digital Video Content. Journal of Entrepreneurship, Business and Economics, 11(2), 81–129

    The Influence of Job Autonomy on Intention to Stay among Academics Employed at Malaysian Research Universities: The Mediating Role of Employee Engagement

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    The purpose of this paper is to examine the influence of job autonomy on the intention to stay among Malaysian academics in the context of Malaysian research universities. A model was developed based on the self-determination theory to identify how job autonomy can enhance the intention to stay through employee engagement. Data was collected from 329 Malaysian academics from five Malaysian research universities via an online survey questionnaire. The collected data was then analyzed using Smart PLS. Findings indicate that job autonomy has a significant positive impact on employee engagement. Employee engagement also has a significant positive relationship with the intention to stay. Furthermore, job autonomy was also found to have a significant indirect effect on the intention to stay via employee engagement as a mediator. The theoretical contribution of this paper contributes to developing an understanding of the linkage between job autonomy and intention to stay as well as providing insight about the mediation of employee engagement, highlighting the novelty of this conceptual framework. This study also makes significant practical contributions to both academics and policy makers on the vital roles of job autonomy and employee engagement, thus enhancing the intention to stay among academics. Finally, the limitations of the study were explained and recommendations for future research were also presented. Research paper Keywords: Job autonomy; Employee Engagement; Intention to stay; Self-Determination Theory; Malaysian Research Universities Reference to this paper should be made as follows: Ong, Y. S., Rahim, N. F. A., Hanifah, H. M., & Jauhar, J. (2023). The Influence of Job Autonomy on Intention to Stay among Academics Employed at Malaysian Research Universities: The Mediating Role of Employee Engagement. Journal of Entrepreneurship, Business and Economics, 11(1), 1–41.    &nbsp

    The Effects of Financial Literacy, Self-Efficacy, and Financial Stress on Risky Credit Behav-ior of Generation Z: Evidence from Pay Later Users

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    The utilization of pay later in Indonesia has increased significantly over the past year. However, not all pay-later users are aware of the negative impact that comes with the conveniences of-fered. This can be seen from the percentage level of financial literacy in Indonesia which is still lower than the level of financial inclusion. This means that many users of financial products, one of which is pay later users, have used financial products without having adequate knowledge. This study aims to determine the effect of financial literacy and self-efficacy on risky credit be-havior with financial stress as a mediator. financial literacy, financial self-efficacy, and finan-cial stress on risky credit behaviour variables. The sample of the study is Indonesian Generation Z who have used pay later. Research data was collected by conducting an online survey, where questions had to be answered by respondents by assessing one (strongly disagree) to five (strong-ly agree). In addition, this study uses the Structural Equation Model (SEM) to analyze the data that has been collected through a questionnaire. From the data analysis, it was found that the financial literacy of Generation Z has a significant positive relationship with financial self-efficacy, financial self-efficacy of Generation Z does not have a significant negative relationship with risky credit behavior, and financial literacy of Generation Z has a significant negative rela-tionship with risky credit behavior, financial self-efficacy does not mediate the relationship be-tween financial literacy and risky credit behavior, and financial stress does not moderate the relationship between financial literacy and risky credit behavior. The result of the study can be used by the financial institution to educate the Gen-Z generation about the risk financial consid-eration before making financial decision. Research paper Keywords: Financial Literacy, Financial Self-efficacy, Financial Stress, Pay Later, Risky Credit Behaviour Reference to this paper should be made as follows: Constansje, B., Kurniasari, F., & Abubakar, A. (2023). The Effects of Financial Literacy, Self-Efficacy, and Financial Stress on Risky Credit Behavior of Generation Z: Evidence from Pay Later Users. Journal of Entrepreneurship, Business and Economics, 11(1), 180–21

    Economic Evaluation of Offshore Wind Investments in Taiwan: An Uncertainty Approach

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    The offshore wind technology in Taiwan's market is in its early stages and has many uncertainties, despite its high growth potential. The emerging market is facing the challenge of establishing a cost-competitive offshore wind industry. This paper aims to evaluate offshore wind power investments in Taiwan using the probability-based Levelized Cost of Electricity (LCOE) model in order to investigate ways to overcome this challenge. To capture the project's uncertainties, a probabilistic approach and the Monte Carlo technique are utilized, and their effects on project evaluation are portrayed through the probability distribution of LCOE and sensitivity analysis. Additionally, a simulation based on a chronological approach is developed to directly investigate the probability density function of the capacity factor for a specific wind farm site. The study concludes that the proposed approach provides better insights into projects and performs better in project evaluation, especially for projects located in high-frequency wind areas. Research paper Keywords: Offshore Wind; Energy; Investment Evaluation; Uncertainty; Monte Carlo Reference to this paper should be made as follows: Nguyen, T. H. N., Chang, C., & Chen, H. (2023). Economic Evaluation of Offshore Wind Investments in Taiwan: An Uncertainty Approach. Journal of Entrepreneurship, Business and Economics, 11(2), 1–28

    A Diagnostic Study of Entrepreneurial Education Readiness in the Humanities and Social Sciences in Palestine

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    The humanities majors are plummeting worldwide. Experts believe that the main reason for the down drop in demand in majors like History, Archaeology, tourism, social sciences, and even foreign languages can be partially attributed to the fact that the designed curriculum no longer lives up to students’ expectations or satisfies the market’s evolving needs. In Palestine, these disciplines are confronted with the crisis of low enrolment. This diagnostic study aims to assess entrepreneurial readiness in the colleges of humanities in Palestine in order to assist education leaders in making informed decisions about the struggle of low demand and high unemployment rates. To that end, the study espoused a mixed-method approach to assess the scale and the scope of introducing Entrepreneurship Education within the Colleges of Humanities in Palestine. The researchers collected study data through focus group interviews with the deans and administrators and through surveying a random sample of the humanities teachers. The results show there is a sufficient number of teachers who use efficient teaching approaches like competency-based education or problem-based learning. Nonetheless, humanities curricula does not involve students directly in the entrepreneurial process. Current practices display lack of emphasis on training 'For' building entrepreneurial competencies or 'Through' experiential, process-based approaches that link education to the outside business environment.  Incubation services and work spaces are available on campus, but they are rarely utilized by the teachers or students from the humanities disciplines. The in-class induction strategies and the assessment methods remain very orthodox. Finally, this study provides ample evidence to support deans, administrators, and faculty members who want to systematically bring entrepreneurship into their discipline, and to deepen staff expertise in entrepreneurship education. Research paper Keywords: Entrepreneurship Curriculum, Humanities, Social sciences, Higher education, Palestine Reference to this paper should be made as follows: Daragmeh, A., & Halabi, A. (2023). A Diagnostic Study of Entrepreneurial Education Readiness in the Humanities and Social Sciences in Palestine. Journal of Entrepreneurship, Business and Economics, 11(1), 63–101

    Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding

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    In order to address the harming issues of biodiversity and social isolation, organizations are under pressure to study innovative and sustainable business performance practices. The resource-based view (RBV) and the stakeholder model established a set of values that businesses might use to create a sustainable future. The primary objective of this research was to explore how RBV and the stakeholder theory model support sustainable business performance through organizational agility, employer branding, and green technology innovation. A conceptual framework was built by reviewing the prior literature in order to accomplish the study's goal. This conceptual approach consists of three phases: agility-brand talent attraction measure (ABTAM), innovation, and sustainability. For the purpose to achieve sustainable business performance, organizational agility, employer branding and green technology innovation were supported by previous literature. Although this idea outlines basic concepts. However, it is important to take into account any relevant data in order to bring these steps into integration with the different situations. In order to achieve many aspects of organizational sustainability, this article offers a systematic review of the Resource Based View (RBV) and stakeholder model. Within the context of the RBV and stakeholder model, a conceptual framework was established to create a sustainable business performance. This was accomplished by incorporating organizational agility and employer branding into the context of the model. In this work, both theoretical and practical ramifications are taken into consideration and explained Research paper Keywords: Organizational agility; Employer branding; Innovation; Sustainability; RBV; Stakeholder Reference to this paper should be made as follows: Hussain, A., Abdul Wahab, S., & Shaharudin, A. (2023). Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding. Journal of Entrepreneurship, Business and Economics, 11(2), 29–52

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