Youth entrepreneurship has become an interesting phenomenon that has attracted much attention from academics, practitioners, and policymakers across the globe during recent years. The main objective of the paper is to analyze the demographic determinants of youth entrepreneurial success. Employing explanatory research design with a sample of 100 youth entrepreneurs in Gweru who completed the questionnaires, the hypotheses are analyzed using Pearson's correlation and regression analysis in an effort to empirically determine the influence of demographic factors on youth entrepreneurial success. The results show a strong and significant association between entrepreneurial experience and youth entrepreneurial success, a weak positive and significant association between educational qualification and youth entrepreneurial success, a weak negative association between age and youth entrepreneurial success, and a weak negative and significant relationship between gender and youth entrepreneurial success. These outcomes have significant implications for theory, practice, and future research.
8 April 2024 in Environment, Development and Sustainability
Although entrepreneurship is widely accepted as a driver of economic development and growth across the globe, the COVID-19 pandemic and several lockdowns have created a unique situation in the entrepreneurship discourse. Accordingly, this chapter aims at providing empirical evidence on the challenges and opportunities emanating from COVID-19 within the context of informal cross-border women entrepreneurs. This study establishes five challenges, namely, business closures, caregiving responsibility, the decline in demand, shortage of goods, and liquidity crisis. Moreover, it also establishes digital marketing and business networks as opportunities. The recommendations to deal with these challenges are proffered and the suggestions for further study are captured.
During the past two decades, corporate restructuring in the banking sector has gained much scholarly and public attention in both more developed and less developed countries as a strategic response to a decline in organizational performance. Surprisingly, there is fragmented and scant evidence on corporate restructuring through digital transformation in the banking sector, especially in the Zimbabwean context. With this in mind, this chapter aims at capturing worldwide issues and controversies linked to corporate restructuring through digital transformation, reviewing the success stories of corporate restructuring through digital transformation in the banking sector of Zimbabwe, identifying the challenges associated with digital transformation so that recommendations are proffered to top management and policymakers accordingly, and presenting suggestions for future research.
Purpose: Recently, university-based innovation hubs have gained momentum in the entrepreneurship discourse but have been implemented at a slow pace in African economies. As such, the purpose of this study is to examine the role of university-based innovation hubs in fostering entrepreneurship from a design thinking standpoint. Design/methodology/approach: In line with the tenets of constructivism philosophy, exploratory research design was employed, whereby qualitative data was collected from 19 interviewees using semi-structured interviews. The data were subjected to reflexive thematic analysis. Findings: The study findings showed that university-based innovation hubs play an instrumental role in fostering entrepreneurship from a design thinking perspective as they promote industrial parks, ensure a rise in intellectual rights, foster stakeholder collaboration, spark creativity and innovation, strengthen entrepreneurship resilience and promote sustainable value addition and beneficiation. Research limitations/implications: The study focused on Zimbabwe only, which implies that the generalization of the results can be done with caution. Moreover, the study used cross-sectional data. Practical implications: Based on the research findings, entrepreneurship educators can integrate design thinking principles in teaching entrepreneurship to support university-based innovation hubs. Moreover, bankers and nongovernmental organizations can provide financial resources to sustain the operations of the university-based innovation hubs and incubators. Originality/value: According to the best knowledge of the author, this study contextualizes, enriches, and advances the extant entrepreneurship scholarship and discourse since the interaction between university-based innovation hubs and design thinking is underresearched in higher education. More interestingly, this study is the first of its kind in African countries, especially in Zimbabwe.