Developing a Mathematical Model of Entrepreneurship Based on Transformational Leadership Behavior

Abstract

This study aimed to reduce the university-industry gap from the perspective of leadership and entrepreneurship. The focus of this research is to assess the influence of transformational leadership of manager on academic staff’s entrepreneurial orientation and to pave the way for identifying potential opportunities, generating new ideas in industrial relation, and to subsequently narrow the university-industry problem. In order to understand the contribution of leadership within the university–industry context, this research reviewed the effect of transformational leadership style on entrepreneurial orientation and then examined the existing relationship. The population of this study is the academic staff of a public university in Iran. A research sample of 295 academic staff was chosen by using stratified sampling technique. Technical analysis of data applied Structural Equation Modeling in two step: measurement model for testing the construct validity of questionnaires and structural model for hypothesizes testing with mathematical program. The results showed that transformational leadership was the best predictor for entrepreneurial orientation. The research findings in this study revealed that the quality of transformational leadership within an organization had an effect on the entrepreneurial orientation. One of the managerial implications of this study is to reinforce the recognition and basis of enhancing entrepreneurial orientation by transformational leadership.

Conceptual Framework for Hazards Management in the Surface Mining Industry—Application of Structural Equation Modeling

“…A structure model was constructed to indicate the path among the factors in accordance with the hypothesis, H2, for factors estimated by the measurement model [57]. The initial structure model was tested by rearranging the pathways, as presented in Figure 4.…”

Entrepreneurial capability (EC) environment in ASEAN-05 emerging economies

“…The authors concluded that while the academic entrepreneurial ecosystem is flourishing in Iran, some improvements must be made to further nurture the academic entrepreneurship environment. In other work, Rashed et al (2015) applied the structural equation model (SEM) in two steps to develop a mathematical model of entrepreneurship. This study, which had as a focal point the impact of transformational leadership behavior, revealed transformational leadership quality as having enormous influence over entrepreneurial practice.…”

“…However, little attention has been paid to researching the key attributes of EC and of the start-up dimension (Hallam et al , 2017). Recently, many governments across the world, and in particular ASEAN-05 Governments, have emphasized the EC environment in their economic development missions (Rashed et al , 2015). Currently, a vast majority of entrepreneurship researchers assert that theoretical and empirical research on EC is needed to improve the consistency and relevance of future studies on this topic (Bergmann et al , 2014).…”