Assessing the Effect of Endogenous Culture, Local Resources, Eco-Friendly Environment and Modern Strategy Development on Entrepreneurial Development
Keywords:Entrepreneurship, Indigenous Culture, Eco-Friendly Environment, Local Resources, Modern Development Strategy, Innovation, Distinctive Competitive Advantage, Entrepreneurial Development
Entrepreneurship is currently a global concern as its great contribution and key solutions to the economy by providing more job opportunity, income generation area, the basis for technology transfer and development and non-economic with regard to sustaining political and social activities, increasing intention of equal resource sharing and active participation in economic development is gradually increasing. This significant contribution became challenged with many key determinant factors such as indigenous culture, local resources, eco-friendly environment and modern development strategies directly or indirectly with the power of influencing entrepreneurship development. This paper aims to assess the effect of indigenous culture, local resources, eco-friendly environment and modern development strategies on entrepreneurial development. As the nature of this study is exploratory, extensive review of literature through systematic, clear, and reproducible design for detecting, evaluating, and inferring the existing body of recorded 106 documents from published and unpublished journal articles, international reports and books related to issues was used as a secondary data source. The study pointed out that indigenous culture like indigenous leadership culture, indigenous team working and indigenous skills have a significant effect on entrepreneurial development; local resources such as infrastructure, local human capital and finance limitation, environmental marketing, innovation and distinctive competitive advantage have a significant impact on entrepreneurial development. The study implicates a distinctive gap between eco-friendly environmental theory and the practical application of green products for entrepreneurial development. Further empirical research will be needed for future studies. Finally, the study forwards future concern areas and recommends the value of this work with its limitations.
Abou-moghli, A. A. (2018). The Relationship between Entrepreneurship and Strategic Management in Small Scale Businesses : An Empirical Assessment of Developing Competitiveness. 9(9), 51–57. https://doi.org/10.30845/ijbss.v9n9p5
Agwu, M. E., & Onwuegbuzie, H. N. (2018). Effects of international marketing environments on entrepreneurship development.
Aktan, B., & Bulut, C. (2008). Financial Performance Impacts of Corporate Entrepreneurship in Emerging Markets : A Case of Turkey *. May 2014.
Alwakid, W., Aparicio, S., & Urbano, D. (2021). The influence of green entrepreneurship on sustainable development in Saudi Arabia: The role of formal institutions. International Journal of Environmental Research and Public Health, 18(10), 5433.
Amiruddin, M. H., Sumarwati, S., Suib, S. N., Ibrahim, A. C., & Jalil, A. A. (2020). Determining The Factors Influencing Indigenous Youth Become A Successful Entrepreneurs. 23(June), 6–12.
Anderson, R. W. (2006). Indigenous Entrepreneurship Research: Themes and Variations 1. 253–273.
Ataman, K., Mayowa, J., & Senkan, E. (2018). Green Entrepreneurship : An Opportunity for Entrepreneurial Development in Nigeria. 1(1), 1–14.
Bateman, M. (2017). Financing Local Economic Development : In Search of the Optimal Local Financial System Financing local economic development : in search of the optimal local financial system. September. https://doi.org/10.2139/ssrn.2754901
Bezabih, W. (2020). Entrepreneurship and Development in Ethiopia *. 8(4), 21–36.
Borowski, P. F. (2021). Innovation strategy on the example of companies using bamboo. 2.
Briggs, B. R. (2009). Issues affecting Ugandan indigenous entrepreneurship in trade. 3(12), 786–797.
Calza, E., & Goedhuys, M. (2016). Addressing entrepreneurial heterogeneity in developing countries: designing policies for economic growth and inclusive development. In Routledge Handbook of Entrepreneurship in Developing Economies (pp. 549-566). Routledge.
Çelikkol, M., Kitapçi, H., & Döven, G. (2019). Culture’s impact on entrepreneurship & interaction effect of economic development level: An 81-country study. Journal of Business Economics and Management, 20(4), 777–797. https://doi.org/10.3846/jbem.2019.10180
Collins, J., & Norman, H. (2018). Indigenous entrepreneurship and indigenous employment in Australia. Journal of Australian Political Economy, The, (82), 149-170..
Coplin, L. C. H. (2002). European Doctoral Programme in Entrepreneurship and Small Business Management. Entrepreneurship & Regional Development, 6(3), 299–299. https://doi.org/10.1080/08985629400000017
Dachner, A. M., Ellingson, J. E., Noe, R. A., & Saxton, B. M. (2019). The future of employee development. Human Resource Management Review, April, 100732. https://doi.org/10.1016/j.hrmr.2019.100732
Dewulf, J., Hellweg, S., Pfister, S., León, M. F. G., Sonderegger, T., de Matos, C. T., ... & Mathieux, F. (2021). Towards sustainable resource management: identification and quantification of human actions that compromise the accessibility of metal resources. Resources, Conservation and Recycling, 167, 105403. https://doi.org/10.1016/j.resconrec.2021.105403
Dogan, N. (2015). The Intersection of Entrepreneurship and Strategic Management : Strategic Entrepreneurship. Procedia - Social and Behavioral Sciences, 195, 1288–1294. https://doi.org/10.1016/j.sbspro.2015.06.290
Dzisi, S., & Technology, O. (2008). Women Entrepreneurial Activities in Developing Economies : Ghana as a Case Study. 383–399.
Ebabu Engidaw, A. (2021). The effect of external factors on industry performance: the case of Lalibela City micro and small enterprises, Ethiopia. Journal of Innovation and Entrepreneurship, 10(1), 1-14.
Eniola, A. A., Ojo, O. R., & Ajala, A. B. (2019). A cultural identity perspective of entrepreneurial performance of small firms. IJRSM International Journal of Research Studies in Management, 8(1), 89-100.
Fan, Z., & Zhang, R. (2017). Financial Inclusion , Entry Barriers , and Entrepreneurship : Evidence from China. https://doi.org/10.3390/su9020203
Frankel, E. G. (2012). Management of technological change: the great challenge of management for the future. Springer Science & Business Media.
Fritsch, M., & Wyrwich, M. (2018). Regional knowledge, entrepreneurial culture, and innovative start-ups over time and space―an empirical investigation. Small Business Economics, 51(2), 337–353. https://doi.org/10.1007/s11187-018-0016-6
Gaikar, V., & Cherian, J. (2020). An Empirical Study on Impact of Sustainability-Oriented Total Quality Management Practices on Organizational Performance in UAE Based Organization. International Journal of Mechanical and Production Engineering Research and Development (IJMPER).
Gallagher, B. M. (2015). Entrepreneurship and Indigenous Identity : Three Studies on the Connections between Indigenous Identity and Entrepreneurial Practices in Canada and Australia Small Bus Econ 51, 337–353 (2018).
Grace, J., & Smith, P. (2015). The importance of culture in entrepreneurship. Journal of Business Economics and Management, 20(4), 777-797.
Herman, L. E., & Anggraeni, A. I. (2015). Nurturing Green Product Into Globalization: Challenges and Opportunities Over Indonesian SME’s. International Journal of Applied Business and Economic Research, 13(7), 6199-6215.
Hall, J., Daneke, G., & Lenox, M. J. (2010). Sustainable development and entrepreneurship : Past contributions and future directions. Journal of Business Venturing, 25 (5), 439–448. https://doi.org/10.1016/j.jbusvent.2010.01.002.
Jebolise, E., & Emmanuel, A. (2018). Effect of green business practices on organizational performance of selected manufacturing firms in Nigeria. International Journal of Development and Management Review, 13(1), 1–26.
Kowo, S. A., Sabitu, O. O., & Bola, K. (2019). An investigation of the role of entrepreneurship agencies for entrepreneurship development in Nigeria. Ekonomicko-manazerske spektrum, 13(2), 68-80.
Kumdana, J. C. (2020). The Role of Social networks in Supporting Micro and Small Entrepreneurship in Malawi.
Léo-Paul Dana. (2015). Indigenous entrepreneurship : An emerging field of research Indigenous entrepreneurship : an emerging field of research. August. International Journal of Business and Globalisation, 14(2), 158-169, https://doi.org/10.1504/IJBG.2015.067433
Lindsay, N. J., Lindsay, W., & Jordaan, A. (2006). Opportunity recognition attitudes of nascent indigenous entrepreneurs Noel J . Lindsay *, Wendy A . Lindsay and Anton Jordaan Kevin Hindle. January. International Journal of Entrepreneurship and Small Business, 30 (2), 114-123. https://doi.org/10.1504/IJESB.2006.008662
Lotfi, M., Yousefi, A., & Jafari, S. (2018). The Effect of Emerging Green Market on Green Entrepreneurship and Sustainable Development in Knowledge-Based Companies. https://doi.org/10.3390/su10072308
McEwen, T. (2013). Ecopreneurship as a solution to environmental problems: implications for college level entrepreneurship education. International Journal of Academic Research in Business and Social Sciences, 3(5), 264.
Meirun, T., Makhloufi, L., & Hassan, M. G. (2020). Environmental Outcomes of Green Entrepreneurship Harmonization. Sustainability, 12(24), 10615
Meressa, H. A. (2020). Growth of micro and small-scale enterprises and its driving factors: empirical evidence from entrepreneurs in emerging region of Ethiopia. Journal of Innovation and Entrepreneurship, 9(1), 1-22.
Molina-Ramírez, E., & Barba-Sánchez, V. (2021). Embeddedness as a differentiating element of indigenous entrepreneurship: insights from Mexico. Sustainability, 13(4), 2117.
Morrison-Smith, S., & Ruiz, J. (2020). Challenges and barriers in virtual teams: a literature review. In SN Applied Sciences Springer International Publishing (Vol. 2, Issue 6). https://doi.org/10.1007/s42452-020-2801-5
Múkaro, R., & Borikén, B. (2010). Innovation and Technology for Indigenous. United Nations Conference on Trade and Development report.1–8.
Ohanu, I. B. (2021). Influence of the link between resources and behavioural factors on the entrepreneurial intentions of electrical installation and maintenance work students. Journal of Innovation and Entrepreneurship, 10(1), 1-15
Ojera, P. B. (2019). Indigenous Financial Management Practices in Africa : A Guide for Educators and Practitioners : A Guide for Educators and Practitioners Indigenous Management Practices in Africa Article information : August. https://doi.org/10.1108/S1877-636120180000020005
Olivier Toutain, Alain Fayolle, L. P. & D. P., & To. (2017). Role and impact of the environment on entrepreneurial learning. Entrepreneurship & Regional Development, 5626, 1–20. https://doi.org/10.1080/08985626.2017.1376517
Olu, D. O., Marius, P., Anca, G. P., & Florentina, R. B. (2017). Impact of innovation on the entrepreneurial success: Evidence from Nigeria. African Journal of Business Management, 11(12), 261–265. https://doi.org/10.5897/ajbm2017.8277.
Pilková, A., & Rehák, J. (2017). Regional aspects of inclusive entrepreneurship of seniors in Europe. Society and Economy, 39(1), 49-64. https://doi.org/10.1556/204.2017.39.1.3
Robertson, J., Caruana, A., & Ferreira, C. (2021). Innovation performance : The effect of knowledge-based dynamic capabilities in cross-country innovation ecosystems. International Business Review, May, 101866. https://doi.org/10.1016/j.ibusrev.2021.101866
Scheyvens, R., Banks, G., Meo-Sewabu, L., & Decena, T. (2017). Indigenous entrepreneurship on customary land in the Pacific: Measuring sustainability. Journal of Management & Organization, 23(6), 774-785.
Shaikh, S. (2020). Challenges faced by women owned micro, small and medium enterprises in an emerging economy. International Journal of Management, 11(7).
Simpong, D. B., Zahari, M. S. M., Hanafiah, M. H., & Ahmad, R. (2019). Indigenous peoples and tourism business opportunity: the influence of Orang Asli's personality traits and sense of community. International Journal of Tourism Anthropology, 7(3-4), 268-283. https://doi.org/10.1504/IJTA.2019.107313
Soleas, E. K. (2020). Leader strategies for motivating innovation in individuals: a systematic review. Journal of Innovation and Entrepreneurship, 9(1), 1-28.
Sule, C. H., & Abdulmujeeb, A. (2020). Teacher Education for Creativity in Entrepreneurship Education for Sustainable Youth Empowerment in Nigeria. FUDMA Journal of Educational Foundations, 2(3), 149-157.
Thai, M. T. T., & Anh, N. H. (2016). The impact of culture on the creation of enterprises. Journal for International Business and Entrepreneurship Development, 9(1), 1-22. https://doi.org/10.1504/JIBED.2016.074020.
Todorovic, Z. W., & McNaughton, R. B. (2007). The effect of culture, resources and quality of entrepreneurship on economic development: a conceptual framework. International Journal of Entrepreneurship and Small Business, 4(4), 383-396.
Tunio, M. N., Jariko, M. A., Børsen, T., Shaikh, S., Mushtaque, T., & Brahmi, M. (2021). How Entrepreneurship Sustains Barriers in the Entrepreneurial Process — A Lesson from a Developing Nation. Sustainability, 1–17.
Uvarova, I. (2021). Development of the green entrepreneurial mindset through modern entrepreneurship education . IOP Conference Series: Earth and Environmental Science. https://doi.org/10.1088/1755-1315/628/1/012034.
How to Cite
Copyright (c) 2022 Authors retain copyright to the content of the articles published in JEMI. Open access articles are published under the Creative Commons Attribution (CC BY) 4.0 which allows content to be copied, adapted, displayed, distributed, republished, or otherwise re-used for any purpose including for adaptation and commercial use provided the content is attributed without any restriction.
This work is licensed under a Creative Commons Attribution 4.0 International License.