The distinctiveness and diversity of entrepreneurial ecosystems in China, Japan, and South Korea: an exploratory analysis

Hemmert, Martin; Cross, Adam R.; Cheng, Ying; Kim, Jae Jin; Kohlbacher, Florian; Kotosaka, Masahiro; Waldenberger, Franz; Zheng, Leven J.

doi:10.1057/s41291-019-00070-6

Cited by 41 publications

(31 citation statements)

References 66 publications

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“…At present, many college students actually have the idea of their own businesses after graduation, but their entrepreneurial ability are relatively weak due to the lack of social experience. They have no clear plan for their future entrepreneurial behavior; simply speaking, they are confused about their suitable entrepreneurial direction, and the courses of entrepreneurship psychology education in universities are often at the theoretical level ( Badri and Hachicha, 2019 ; Hemmert et al, 2019 ). Accordingly, the entrepreneurship project recommendation algorithm based on the optimization of deep neural network proposed in this research is applied to the courses of entrepreneurship psychology education and training to help college students clearly choose the direction of self-employment, and the students’ entrepreneurial intention and entrepreneurial mental resilience before and after the training are compared.…”

Section: Discussionmentioning

confidence: 99%

Adoption of Human Personality Development Theory Combined With Deep Neural Network in Entrepreneurship Education of College Students

Zhen¹,

Yu²

2020

Front. Psychol.

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In this research, the probability matrix factorization (PMF) algorithm was introduced to optimize the deep neural network algorithm model with the purpose of studying the application value of personality development theory and deep learning neural network in college students’ entrepreneurship psychological education courses. Based on the personality development theory, a recommendation algorithm system for entrepreneurial projects under optimized deep neural network was established. A total of 518 college students from several universities were divided into an experimental group and a control group, with 259 students in each group. In addition to the normal courses of entrepreneurship psychology education, students in the experimental group were taught the entrepreneurship project recommendation system based on the optimized deep neural network designed in this research, while students in the control group were taught entrepreneurship psychology education normally. The intervention effect before and after entrepreneurship education was evaluated by the questionnaire of college students’ entrepreneurial intention and college students’ entrepreneurial mental resilience scale. The results demonstrate that the system recall rate and accuracy based on the algorithm in this research have been significantly higher than that of PMF algorithm and deep belief network (DBN) algorithm, and the difference is statistically significant ( p < 0.05); the mean square error (MSE) of the proposed algorithm is significantly smaller than that of PMF algorithm and DBN algorithm, and the difference is statistically significant ( p < 0.05); the improvement of entrepreneurial toughness, entrepreneurial strength, optimism, entrepreneurial possibility, and behavioral tendency of the experimental group after the test was significantly higher than that of the control group ( p < 0.05). Therefore, compared with traditional algorithms, the proposed method for entrepreneurial projects based on the theory of personality development and the optimized deep neural network shows better performance, and it can effectively improve the entrepreneurial intention and psychological resilience of college students.

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Section: Discussionmentioning

confidence: 99%

Adoption of Human Personality Development Theory Combined With Deep Neural Network in Entrepreneurship Education of College Students

Zhen¹,

Yu²

2020

Front. Psychol.

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“…Among these articles, most papers are single country studies, with Mainland China (hereafter: China) featuring most prominently. Only one study (Hemmert et al, 2019) has examined entrepreneurial ecosystems across the East Asian countries, identifying the conditions that are conducive to new venture entrepreneurship in major agglomerations and the active role played by national, regional and local government bodies.…”

Section: Entrepreneurial Ecosystemsmentioning

confidence: 99%

“…Overall, while many studies examine the national and sub-national context of entrepreneurial activity in East Asia, they do not apply entrepreneurial ecosystem frameworks in a stringent way, with the exception of Hemmert et al (2019). This can partly be explained by the fact that most papers do not cover all ecosystem dimensions, but tend to limit themselves to selected sub-sets of environmental factors.…”

Section: Entrepreneurial Ecosystemsmentioning

confidence: 99%

“…However, most extant entrepreneurship research has been conducted in Western settings, especially in the Anglo-Saxon countries of the USA, UK and Canada (Jones et al, 2011;Knight & Liesch, 2016;Meyer et al, 2014). This is problematic, since the context within which entrepreneurship happens is different between Western and East Asian countries (Hemmert et al, 2019;Huang et al, 2020;Meyer, 2007). As Bruton et al (2018) observe, research on East Asian new ventures may miss key elements of entrepreneurship because of an over-reliance on Western-based theoretical values, foundations, and analytical frameworks and models.…”

Section: Introduction and Research Questionsmentioning

confidence: 99%

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New venture entrepreneurship and context in East Asia: a systematic literature review

et al. 2021

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While research on new venture entrepreneurship has been predominantly conducted in Western countries, East Asian start-ups have gained global relevance in recent years. In this article, we systematically review studies on new venture entrepreneurship in East Asia published in Social Science Citation Index (SSCI)-listed journals between 2000 and 2020 and find that the number of papers annually published has been rapidly increasing. However, the research body is highly unbalanced, as most articles are single-country studies focused on China, apply a quantitative methodology, and concentrate on topics such as entrepreneurial strategies and new venture entrepreneurs’ personal attributes and networks. Moreover, a majority of studies provides no or only a weak consideration of the national or subnational context. More strongly contextualized research on countries such as Japan and South Korea and on less studied themes such as culture, entrepreneurial financing, entrepreneurial teams, new venture internationalization and new venture entrepreneurial intention is desirable.

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“… Bartha et al (2019) examined the entrepreneurial motivation of entrepreneurs in Central and Eastern Europe and explained that social mission factors were the main factors affecting the entrepreneurial motivation of entrepreneurs. Rajabi et al (2018) explored the relationship between entrepreneurial motivation and enterprise development in the sales industry, indicating that entrepreneurial motivation positively affected the development of enterprises ( Hemmert et al, 2019 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Analysis of Entrepreneurial Motivation on Entrepreneurial Psychology in the Context of Transition Economy

Bai-sheng

Wang

2021

Front. Psychol.

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This study aims to explore the connotation of entrepreneurial motivation in the context of a transitional economy. The actual situations of 135 young entrepreneurs are investigated based on questionnaire surveys and case analyses. The influences of different entrepreneurial motivation factors on entrepreneurial psychology are analyzed. Results demonstrate that the item of “gain wealth” on the entrepreneurial motivation scale has the highest score of 3.98 points. In contrast, the scores of opportunity motivation and survival motivation are basically the same, with great differences between different individuals. The dimensions of policies, regulations, and government functions on the entrepreneurial environment scale have high ranks and levels, while the support of industry associations needs to be strengthened. Generally, the entrepreneurial psychology scale has high scores; most of the items score above 3.45 points, indicating that entrepreneurship not only improves the quality of work and life for young entrepreneurs but also promotes the personal growth of entrepreneurs. The multiple stepwise regression analysis reveals significant correlations between survival and opportunity motivations of young entrepreneurs and their subjective psychology and social psychology. The results can provide experimental and useful reference materials for the following investigations.

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The distinctiveness and diversity of entrepreneurial ecosystems in China, Japan, and South Korea: an exploratory analysis

Cited by 41 publications

References 66 publications

Adoption of Human Personality Development Theory Combined With Deep Neural Network in Entrepreneurship Education of College Students

Adoption of Human Personality Development Theory Combined With Deep Neural Network in Entrepreneurship Education of College Students

New venture entrepreneurship and context in East Asia: a systematic literature review

Analysis of Entrepreneurial Motivation on Entrepreneurial Psychology in the Context of Transition Economy

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