Designing an Assessment Model for Entrepreneurial Growth Using a Hybrid Method

DOI

10.2991/aer.k.210121.060How to use a DOI?

Keywords

Model, Entrepreneurial, Growth, Stakeholder, Hybrid

Abstract

Local economic development driven by innovation plays an important role in regional development and generating income. The critical mass of viable ventures is determined by the aspects of entrepreneurship, financing mechanism, and the market mechanism. The traditional commodity-based on production system approach has not looked fitted and tends to shift to a value chain system that is oriented to increase added value and competitiveness. The most important aspect that determines the success of this shifting is the entrepreneurial growth and the information stakeholder involved. These two aspects need to be analyzed simultaneously in an analytical framework with integrated analysis tools. The objectives of this study are to design a conceptual model of entrepreneurial growth and an assessment model for stakeholder involvement analysis by using a hybrid method. Entrepreneurial growth is indicated by entrepreneurial capability and entrepreneurial ecosystem. Entrepreneurial capability consists of entrepreneurial attitude, entrepreneurial learning capacity, and individual resources. Entrepreneurial ecosystem consists of culture, policies and leadership, appropriate finance, quality human capital, markets for products, as well as institutional supports. The stakeholder involved that analyzed in entrepreneurial growth are local government, private sector, business-focused organizations, non-governmental organization, research and development agency as well as educational institutions. A hybrid method is an analytical approach that used two techniques analysis in integrated model analysis: Analytical Hierarchy Process for weighting analysis, and Simple Additive Weighting for ranking analysis. The proposed model provides a basic assessment framework that can be used in formulating strategies for entrepreneurial-based economic development.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Suci Wulandari
PY  - 2021
DA  - 2021/01/21
TI  - Designing an Assessment Model for Entrepreneurial Growth Using a Hybrid Method
BT  - Proceedings of the 4th International Conference on Sustainable Innovation 2020-Accounting and Management (ICoSIAMS 2020)
PB  - Atlantis Press
SP  - 421
EP  - 427
SN  - 2352-5428
UR  - https://doi.org/10.2991/aer.k.210121.060
DO  - 10.2991/aer.k.210121.060
ID  - Wulandari2021
ER  -