Boosting Hometown Entrepreneurship Performance: Insights from Entrepreneurial Ecosystem Theory

Authors

  • Yayuan Luo School of Management, Xi'an Polytechnic University
  • Yutong Lu School of Management, Xi'an Polytechnic University

DOI:

https://doi.org/10.62177/apemr.v1i5.72

Keywords:

Rural Revitalisation, Quality of Decision-Making, Entrepreneurial Ecosystems, fsQCA, NCA, Return to the Countryside, Entrepreneurship

Abstract

The pivotal entrepreneurial performance displayed by rural enterprises holds paramount importance for sustaining the vitality of entrepreneurial activities. Consequently, the pursuit of enhancing this performance has garnered escalating interest and extensive attention among rural entrepreneurs. Drawing upon the theoretical framework of entrepreneurial ecosystems, this paper meticulously integrates seven core elements and innovatively fuses two emerging analytical approaches, namely NCA(Necessary Condition Analysis) and fsQCA(fuzzy set Qualitative Comparative Analysis), to delve into the intricate causal nexuses within these ecosystems that propel entrepreneurial performance within the unique context of China's rural landscape. The findings reveal that: (1) individual components of the entrepreneurial ecosystem do not independently guarantee high-quality entrepreneurial decisions; rather, robust social norms emerge as a more ubiquitous factor in fostering such quality. (2) Three distinct pathways underpin high-quality entrepreneurial decisions: a cognitive-informational dual-propulsion mechanism, a cognitively inclined resource-driven approach, and a cognitively communal driver. (3) there is one path that drives non-high entrepreneurial decisions, and they are related to the entrepreneurial performance of high entrepreneurial performance. They are asymmetrically related to the entrepreneurial ecosystem that produces high entrepreneurial performance.

Downloads

Download data is not yet available.

References

Zhu Y , Wang W W , Lin L ,et al. Return migration and in situ urbanization of migrant sending areas: Insights from a survey of seven provinces in China[J].Cities, 2021, 115(1):103242. DOI: https://doi.org/10.1016/j.cities.2021.103242

Cheng Jianqing, Liu Qiuchen, Du Yunzhou. The Entrepreneurial Ecosystem and the National Entrepreneurial Growth Aspiration: A Mixed Research Based on NCA and fsQCA Methods [J]. Science of Science and Management of S. & T., 2023, 44(03): 80 - 97.

Cai Li, Peng Xiuqing, Satish Nambisan, et al. Review and Prospect of Entrepreneurial Ecosystem Research [J]. Journal of Jilin University (Social Sciences Edition), 2016, 56(01): 5 - 16 + 187.

Hu Y.Research on Returnee Entrepreneurship with Chinese Characteristics: Framework, Progress and Prospects[J].Journal of Beijing Technology and Business University(Social Sciences),2023,38(03):120-134.

Gu Yuliang. "Crowdfunding - based Entrepreneurship" and "Integration of Village and Enterprise": A Study on Migrant Workers' Return - home Entrepreneurship in the New Era: Taking M Village in Jingmen City, Hubei Province as an Example [J]. Truth Seeking, 2016(08): 78 - 86.

Vogel P. The Employment Outlook for Youth: Building Entrepreneurship Ecosystems as a Way Forward[J]. Social Science Electronic Publishing [2024-06-06].

Du Yunzhou, Liu Qiuchen, Cheng Jianqing. What kind of business environment ecosystem generates high urban entrepreneurial activity? — Based on the analysis of institutional configurations [J]. Management World, 2020, 36(09): 141 - 155.

Slovic P, Fischhoff B, Lichtenstein S. Informing the public about the risks from ionizing radiation[J]. Health Physics, 1981, 41(4): 589-598. DOI: https://doi.org/10.1097/00004032-198110000-00001

Liao Zhongjv. Organizational Risk Propensity: Literature Review and Prospects[J]. Foreign Economics & Management,2015,37(08):78-86.

Su Lanlan, Peng Yanling, Kong Rong. Research on the Impact of Social Networks on the Entrepreneurial Performance of Rural Households: An Analysis of the Mediating Effect Based on the Availability of Entrepreneurial Resources [J]. Finance and Trade Research, 2017, 28(09): 27 - 38.

Zha Xianjin, Zhang Jinchao, Yan Yalan, et al. Review on the Current Situation and Development Trends of Network Information Behavior Research [J]. Journal of Library Science in China, 2014, 40(04): 100 - 115.

Luo Wei Chen Wei. The Impact of Institutional Contexts, Social Network and Entrepreneurial Learning on Farmers' E-commerce Entrepreneurial Decision: A Configurational Perspective.[J].Science of Science and Management of S.& T.,2024,45(03):131-146.

Du Yuepin Ma Jingjing. Research on the Implementation Effect of Entrepreneurship Public Policy and Service — An Investigation of Entrepreneurs in Xi'an, Baoji, and Xianyang of Shaanxi Province[J].Soft Science,2016,30(01):31-35.

Li Xuexin, Tian Ligang, Guo Jiaying. An Analysis of the Construction of a Law - based Business Environment with Multi - agent Collaboration [J]. Journal for Party and Administrative Cadres, 2023, (06): 27 - 32.

Zou Qi, Fan Li. Identification of Causal Relationship Between Development of Digital Economy and Urban Entrepreneurial Activity[J].Statistics & Decision,2022,38(23):17-22.

Gao Xia, Li Xingjie. Urban Entrepreneurial Dynamics Under Digital Economy——The Moderating Effect of Entrepreneurial Environment[J].Journal of Dalian University of Technology(Social Sciences),2024,45(01):42-51.

Zhu Zhenduo, Li Fei. An empirical analysis of entrepreneurial bricolage, relationship trust and new firm performance[J]. Science Research Management,2017,38(07):108-116.

Su Lanlan, Kong Rong. Has Internet Usage Promoted Farm Households' Entrepreneurial Gains? -- An Empirical Analysis Based on the Endogenous Switching Regression Model[J]. Chinese Rural Economy,2020,(02):62-80.

Solomon S J, Bendickson J S, Marvel M R, et al. Agency theory and entrepreneurship: A cross-country analysis[J]. Journal of Business Research, 2021, 122: 466-476. DOI: https://doi.org/10.1016/j.jbusres.2020.09.003

Zhou Yufei, Xv Jie. Effect of Business Environment on Farmers’ Entrepreneurial Activity: Based on fsQCA Analysis of 31 Regions in China[J]. Journal of Agro-Forestry Economics and Management,2023,22(01):47-55.

Zhu Xiaohong, Chen Hansong, Zhang Yuli. Interaction among Heterogeneous Resources, Entrepreneurial Opportunity and Entrepreneurial Performance[J]. Chinese Journal of Management,2014,11(09):1358-1365.

Du Yunzhou, Jia Liangdin. Configuration Perspective and Qualitative Comparative Analysis (QCA): A New Path in Management Research[J]. Journal of Management World,2017, (06):155-167.

Xuan Huihui. Research on the impact of entrepreneurial environment on the entrepreneurial performance of migrant workers returning home–A case study of Henan Province[D]. Henan Agricultural University,2023.

Zhang Xv’e, Zhou Rongxin, Wang Ye. The relationship between cultural values, entrepreneurship cognition and entrepreneurship decision-making[J].Inquiry into Economic Issues,2012,(10):74-80.

Liu Tangyu. Analysis on the Impact Factors of the Peasant Workers’ Returning to Hometown to Venture: Based on the Survey of Ganzhou Area in Jiangxi Province[J].Issues in Agricultural Economy,2010,31(09):81-88+112.

Gu Shengzu, Cao Dongmei, Li Rui. A study on the “internet+” plan leading a new wave of entrepreneurship[J].Studies in Science of Science,2016,34(02):161-165+278.

Zhao Guanbin, Mei Qiang, Wan Wu. The Impact of Entrepreneur Traits on Entrepreneurial Opportunity Identification based on the Environmental Munificence[J].Forum on Science and Technology in China,2010,(08):109-113+133.

Zhen Xin, Zhou Xianbo, Zhang Lin. The Impact of Social Norms on Entrepreneurial Activity: Evidence from Entrepreneurship Data in 62 Countries[J]. Economic Research Journal,2017,52(11):59-73.

Qin Qin, Ke Qing, Xie Yushan. Public Affect and Cognition under Global Health Crisis——A Study from the Perspective of Information Seeking and Processing Behavior[J]. Journal of Modern Information,2022,42(04):62-76.

Cao Yuhua, Li Jing. Effective Antecedent Configuration of Entrepreneurial Dynamic Capability in the Digital Context[J]. Science & Technology Progress and Policy,2022,39(23):12-21.

FISS P C. Building Better Causal Theories: A Fuzzy Set Approach to Typologies in Organization Research[J]. Academy of Management Journal, 2011,54(2):393–420 DOI: https://doi.org/10.5465/amj.2011.60263120

Tang Xiaowen, Yao Xinceng, Yu Lantin. Research on the innovation path of “Little Giant” enterprises in the context of digitization[J]. Science Research Management,2023,44(12):10-20.

Fang Xianming, Liu Yun’er, Li Wuyan. From a Financial Power to a Financial Powerhouse: China’s Strategy[J/OL]. Jiangsu Social Sciences:1-11[2024-03-30].

MITCHELL R K,BUSENITZ L,LANT T, et al. Toward atheory of entrepreneurial cognition : Rethinking the people sideof entrepreneurship research Jl. Entrepreneurship Theory &Practice,2002,27(2):93 -104. DOI: https://doi.org/10.1111/1540-8520.00001

Downloads

How to Cite

Luo, Y., & Lu, Y. (2024). Boosting Hometown Entrepreneurship Performance: Insights from Entrepreneurial Ecosystem Theory. Asia Pacific Economic and Management Review, 1(5), 89–105. https://doi.org/10.62177/apemr.v1i5.72

Issue

Section

Articles