Identifying the Mechanisms for Developing Entrepreneurial Companies in the Entrepreneurial Ecosystem

Document Type : Original Article

Authors

1 Professor, Department of Public Administration and Tourism, Faculty of Social Sciences, University of Mohaghegh Ardabili, Ardabil, Iran.

2 Government Management Group; Faculty of Management ; University of Tehran ; Tehran ؛ iran.

3 Moghadas Ardabili Institute of Higher Education

Abstract

Objective: Given the pivotal role of entrepreneurship in national growth and development, and its contribution to a sustainable future, this research aimed to identify the mechanisms driving the growth of entrepreneurial companies in Ardabil Province.
Methodology: A mixed-methods approach (qualitative and quantitative) was employed in this study to explore the mechanisms underpinning the development of entrepreneurial ventures in Ardabil Province. For the qualitative phase, thematic analysis was conducted on semi-structured interviews with 29 experts and entrepreneurs, selected through purposive and snowball sampling. The quantitative phase utilized confirmatory factor analysis, employing SPSS and LISREL, to analyze data from a survey of 290 employees and managers of entrepreneurial companies.
Findings: The research revealed that government and private support mechanisms, strategic management development mechanisms, and promotional and marketing development mechanisms significantly influence the growth of entrepreneurial companies in Ardabil Province.
Conclusion: This research provides a framework for entrepreneurial companies in Ardabil Province. The findings can benefit small and medium-sized enterprises and industries seeking to foster and develop entrepreneurship. The mixed-methods approach adopted in this study offers a comprehensive understanding of the mechanisms necessary for the growth of entrepreneurial and knowledge-based companies.

Keywords

References

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Governance and Development
Volume 4, Issue 3
September 2024
Pages 151-179

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