Both public and private support to strengthen entrepreneurial management within the emerging business environment
Keywords:
Entrepreneurial ecosystem, Entrepreneurship, entrepreneurship support entities, private entities, public entitiesAbstract
Both public and private support in the entrepreneurial environment is essential to consolidate entrepreneurial processes as a cornerstone of economic development at regional, national and global levels. The main objective of this article is to compare a public and a private entity that supports entrepreneurship, using a qualitative descriptive case study methodology. Two entrepreneurship support entities were selected in the Municipality of Ocaña, Norte de Santander: Cemprendo and The Chamber of Commerce. Semi-structured interviews were applied, revealingAlthough private efforts are observed, the relevance could be greater on the part of the Ocaña Chamber of Commerce. It is concluded that Cemprendo provides greater support to the creation, strengthening and consolidation of entrepreneurship in Ocaña, Norte de Santander, compared to the Chamber of Commerce.
References
Acevedo-Duque, Á., Gonzalez-Diaz, R., Cachicatari Vargas, E., Paz-Marcano, A., Muller-Pérez, S., Salazar-Sepúlveda, G., Caruso, G., & D’Adamo, I. (2021). Resilience, leadership and female entrepreneurship within the context of smes: Evidence from latin america. Sustainability (Switzerland), 13(15). https://doi.org/10.3390/su13158129
Aguinis, H., & Solarino, A. M. (2019). Transparency and replicability in qualitative research: The case of interviews with elite informants. Strategic Management Journal, 40(8), 1291–1315. https://doi.org/10.1002/smj.3015
Aguinis, H., Villamor, I., Lazzarini, S. G., Vassolo, R. S., Amorós, J. E., & Allen, D. G. (2020). Conducting Management Research in Latin America: Why and What’s in It for You? In Journal of Management (Vol. 46, Issue 5, pp. 615–636). SAGE Publications Inc. https://doi.org/10.1177/0149206320901581
Al-Omoush, K., Ribeiro-Navarrete, B., & McDowell, W. C. (2023). The impact of digital corporate social responsibility on social entrepreneurship and organizational resilience. Management Decision. https://doi.org/10.1108/MD-11-2022-1613
Awad, I. M., & Salaimeh, M. K. (2023). Towards an entrepreneurial university model: evidence from the Palestine Polytechnic University. Journal of Innovation and Entrepreneurship, 12(1). https://doi.org/10.1186/s13731-023-00280-5
s
Baiocco, S., Leoni, L., & Paniccia, P. M. A. (2023). Entrepreneurship for sustainable development: co-evolutionary evidence from the tourism sector. Journal of Small Business and Enterprise Development. https://doi.org/10.1108/JSBED-01-2023-0003
Beknazarov, B., Niyazbekova, R., Amirseitov, U., Kokenova, A., Daurbayeva, M., & Aitkazina, M. (2020). Development of entrepreneurship and forms of self-employment in the innovative sectors of the economy. Entrepreneurship and Sustainability Issues, 8(2), 209–228. https://doi.org/10.9770/jesi.2020.8.2(13)
Belitski, M., Guenther, C., Kritikos, A. S., & Thurik, R. (2022). Economic effects of the COVID-19 pandemic on entrepreneurship and small businesses. Small Business Economics, 58(2), 593–609. https://doi.org/10.1007/s11187-021-00544-y
Berger, M., & Hottenrott, H. (2021). Start-up subsidies and the sources of venture capital. Journal of Business Venturing Insights, 16. https://doi.org/10.1016/j.jbvi.2021.e00272
Bishop, P. (2019). Knowledge diversity and entrepreneurship following an economic crisis: an empirical study of regional resilience in Great Britain. Entrepreneurship and Regional Development, 31(5–6), 496–515. https://doi.org/10.1080/08985626.2018.1541595
Bolaños, S. L. D., Solarte, M. C. S., & Rivera, G. A. V. (2021). Emprendimiento rural y asociatividad dos factores clave de desarrollo local en el corregimiento de Obonuco, Colombia rural IA. Julio-Diciembre, 12(s1), 44–58. https://orcid.org/0000-0002-3680-1331
Ciptono, W. S., Anggadwita, G., & Indarti, N. (2023). Examining prison entrepreneurship programs, self-efficacy and entrepreneurial resilience as drivers for prisoners’ entrepreneurial intentions. International Journal of Entrepreneurial Behaviour and Research, 29(2), 408–432. https://doi.org/10.1108/IJEBR-06-2022-0550
Coronel-Pangol, K., Orden-Cruz, C., & Paule-Vianez, J. (2022). Bibliometric analysis of alternative financing for entrepreneurship. Cuadernos de Gestion, 22(2), 167–182. https://doi.org/10.5295/cdg.211559kc
Duchek, S. (2018). Entrepreneurial resilience: a biographical analysis of successful entrepreneurs. International Entrepreneurship and Management Journal, 14(2), 429–455. https://doi.org/10.1007/s11365-017-0467-2
Eisenhardt, K. M. (1989). Building Theories from Case Study Research. In Source: The Academy of Management Review (Vol. 14, Issue 4).
Ewens, M., Gorbenko, A., & Korteweg, A. (2022). Venture capital contracts. Journal of Financial Economics, 143(1), 131–158. https://doi.org/10.1016/j.jfineco.2021.06.042
Ferreira, et al., (2022). Unpeel the layers of trust! A comparative analysis of crowdfunding platforms . (n.d.).
Ferreira, V., Papaoikonomou, E., & Terceño, A. (2022). Unpeel the layers of trust! A comparative analysis of crowdfunding platforms and what they do to generate trust. Business Horizons, 65(1), 7–19. https://doi.org/10.1016/j.bushor.2021.08.004
Figueroa-Domecq, C., de Jong, A., Kimbu, A. N., & Williams, A. M. (2022). Financing tourism entrepreneurship: a gender perspective on the reproduction of inequalities. Journal of Sustainable Tourism. https://doi.org/10.1080/09669582.2022.2130338
Gherhes, C., Vorley, T., & Williams, N. (2018). Entrepreneurship and local economic resilience: the impact of institutional hysteresis in peripheral places. Small Business Economics, 51(3), 577–590. https://doi.org/10.1007/s11187-017-9946-7
Hossain, M. I., Tabash, M. I., Siow, M. L., Ong, T. S., & Anagreh, S. (2023). Entrepreneurial intentions of Gen Z university students and entrepreneurial constraints in Bangladesh. Journal of Innovation and Entrepreneurship, 12(1). https://doi.org/10.1186/s13731-023-00279-y
Hossinger, S., Block, J., Chen, X., & Werner, A. (2023). Venture creation patterns in academic entrepreneurship: the role of founder motivations. Journal of Technology Transfer, 48(1), 68–125. https://doi.org/10.1007/s10961-021-09904-y
Iacobucci, D., & Perugini, F. (2021). Entrepreneurial ecosystems and economic resilience at local level. Entrepreneurship and Regional Development, 33(9–10), 689–716. https://doi.org/10.1080/08985626.2021.1888318
Jensen, T. L., Leth-Petersen, S., & Nanda, R. (2022). Financing constraints, home equity and selection into entrepreneurship. Journal of Financial Economics, 145(2), 318–337. https://doi.org/10.1016/j.jfineco.2021.10.012
Kanakriyah, R., Kooli, C., & Shanikat, M. (2022). Towards a new model of productive Islamic financial mechanisms. International Journal of Business Performance Management, 23(1/2), 17. https://doi.org/10.1504/ijbpm.2022.10042788
Mochkabadi, K., Kleinert, S., Urbig, D., & Volkmann, C. (2024). From distinctiveness to optimal distinctiveness: External endorsements, innovativeness and new venture funding. Journal of Business Venturing, 39(1). https://doi.org/10.1016/j.jbusvent.2023.106340
Moog, P., & Soost, C. (2022). Does team diversity really matter? The connection between networks, access to financial resources, and performance in the context of university spin-offs. Small Business Economics, 58(1), 323–351. https://doi.org/10.1007/s11187-020-00412-1
Mosquera, A. C., & Bayona, R. A. B. (2021). Las mipymes y sus habilidades ¿Cómo dirigen? Panorama de Ocaña, Colombia (1 Edición, Vol. 1). Eco Ediciones S.A.S.
Mosquera, A. C., Vergel, D. Q., & Bayona, R. A. T. (2021). Ecosistema de emprendimiento. Un compromiso de las instituciones de la región (1 Edición). Ecoe Ediciones Limitada.
Ndofirepi, T. M., & Steyn, R. (2023). An international study of early-stage entrepreneurship using global entrepreneurship monitor data. Journal of Small Business and Enterprise Development. https://doi.org/10.1108/JSBED-02-2023-0066
Pinkovetskaia, I. S., Lebedev, A. V., Rozhkov, M. A., Campillo, D. F. A., & Bahamon, M. J. R. (2021). Microfinance in russian regions: Lending to entrepreneurs in 2018. Universal Journal of Accounting and Finance, 9(6), 1258–1264. https://doi.org/10.13189/ujaf.2021.090605
Régnier, P. (2023). Innovation, Appropriate Technologies and Entrepreneurship for Global Sustainability Development: A Review Until the Early Twenty-first Century. Journal of Entrepreneurship. https://doi.org/10.1177/09713557231201115
Schumpeter, J. A. (2008). The theory of economic development.
Stake, R. E. (1995). Investigación con estudio de casos (Segunda edición). Ediciones Morata.
Turkson, F. E., Amissah, E., & Gyeke-Dako, A. (2022). The role of formal and informal finance in the informal sector in Ghana. Journal of Small Business and Entrepreneurship, 34(3), 333–356. https://doi.org/10.1080/08276331.2020.1724002
Weigand, C. (2019). Beyond the finance paradigm: the entrepreneurial logic of financial resource acquisition from an effectuation perspective. In Int. J. Entrepreneurial Venturing (Vol. 11, Issue 5).
Wright, N. L., Nagle, F., & Greenstein, S. (2023). Open source software and global entrepreneurship. Research Policy, 52(9). https://doi.org/10.1016/j.respol.2023.104846
Yin, R. K. (2018). Case Study Research and Applications. Sixth Edition (Sexta edición). Sage Publications, Inc.
Yulita, Muhamad, S., Kulub Abdul Rashid, N., Hussain, N. E., Mohamad Akhir, N. H., & Ahmat, N. (2020). Resilience as a moderator of government and family support in explaining entrepreneurial interest and readiness among single mothers. Journal of Business Venturing Insights, 13. https://doi.org/10.1016/j.jbvi.2020.e00157
Downloads
Published
Issue
Section
License
Authors who publish in this journal agree to the following terms:
a. Authors give their rights to the article in a non-exclusive way for the magazine to be published for the first time by the journal as well as licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of authorship of work and initial publication in this magazine.
b. Authors can establish separate additional agreements for non-exclusive distribution of the version of the work published in the journal (for example, to an institutional repository or to publish it in a book), with an acknowledgment of its initial publication in this journal.
c. Authors are allowed and encouraged to disseminate their work electronically (e.g., in institutional repositories or your own website) prior to and during the submission process, as it can lead to productive exchanges, as well as a citation more early and most of published work (See the Effect of Open Access) (in English).
