The role of supportive ecosystems in nurturing resilient startups and entrepreneurship: A case of Zimbabwe
Abstract:
Purpose: Consistent with Sustainable Development Goal 8, this study explores the role of supportive ecosystems in nurturing resilient startups and entrepreneurship in Zimbabwe post-COVID-19.
Research Methodology: Comprehensive relevant literature drawing on Web of Science, PubMed, Google Scholar, Scopus, ProQuest, and JSTOR was conducted using the Zimbabwe case as the investigative context. Drawing on published peer-reviewed articles and official reports as data sources, fifty-eight articles and reports were thoroughly assessed for this study.
Results: The findings revealed that barriers to the growth of startups and entrepreneurial enterprises in Zimbabwe include difficulties in accessing finances, inadequate institutional support, a deficiency of mentorship networks, economic instability, infrastructure deficiencies, regulatory and bureaucratic hurdles, market constraints, and limited consumer purchasing power. The study also noted that the COVID-19 pandemic has created digital transformation and innovation opportunities for startups.
Conclusion: This study concludes that the entrepreneurship ecosystem in Zimbabwe is weak and lacks most of the fundamental principles necessary for a thriving entrepreneurial environment.
Limitations: Overreliance on secondary data: Depending solely on secondary data sources without primary research may limit the depth of insights and understanding of local nuances and contexts.
Contribution: This study emphasizes the value of encouraging public-private partnerships and global alliances to support entrepreneurial ecosystems. This strategy can boost social inclusion, increase job opportunities, and promote economic growth. This study argues that fostering a supportive environment for startups and entrepreneurship can significantly empower emerging economies during post-pandemic recovery efforts.
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Agency, N. E. (2023). Zimbabwe’s Youth Entrepreneurship Ecosystem Assessment.
Alvi, F. H., & Ulrich, K. (2023). Innovation finance ecosystems for entrepreneurial firms: A conceptual model and research propositions. Journal of business research, 156, 113450. https://doi.org/10.1016/j.jbusres.2022.113450
Bank, A. D. (2020). Zimbabwe: African Development Bank approves $13.7 million to strengthen health system, boost anti-COVID-19 efforts.
Bank, W. (2024a). Business Ready (B-READY) 2024.
Bank, W. (2024b). The World Bank in Zimbabwe.
Ba?ka, M., Kukurba, M., & Waszkiewicz, A. (2022). The Impact of the Covid-19 Pandemic on Start-ups' Collaboration with Corporations. Procedia Computer Science, 207, 1283-1292. https://doi.org/10.1016/j.procs.2022.09.184
Brändle, L., Signer, H., & Kuckertz, A. (2023). Socioeconomic status and entrepreneurial networking responses to the COVID-19 crisis. Journal of Business Economics, 93(1), 111-147. https://doi.org/10.1007/s11573-022-01120-w
Chaora, B. (2020). Impact of Covid-19 Lockdown on Micro, Small & Medium Scale Enterprises in Zimbabwe. SIVIO Institute Centre for Entrepreneurship and Financial Inclusion.
Chaudhuri, R., Chatterjee, S., Vrontis, D., & Vicentini, F. (2022). Effects of human capital on entrepreneurial ecosystems in the emerging economy: the mediating role of digital knowledge and innovative capability from India perspective. Journal of Intellectual Capital, 24(1), 283-305. https://doi.org/10.1108/JIC-07-2021-0177
Chirume, E., & Kaseke, N. (2020). Impact of covid-19 on small and medium-sized enterprises (smes) in Chinhoyi, Zimbabwe. International Journal of Business, Economics and Law, 23(1), 101-110.
Civera, A., Meoli, M., & Vismara, S. (2019). Do academic spinoffs internationalize? The Journal of Technology Transfer, 44, 381-403. https://doi.org/10.1007/s10961-018-9683-3
D'Andrea, F. A. M. C., Santos, D. A. G. d., Costa, C. V. P., & Zen, A. C. (2023). Why startups fail in emerging entrepreneurial ecosystems? REGEPE Entrepreneurship and Small Business Journal, 12(3), e2055. https://doi.org/10.14211/regepe.esbj.e2055
Desa, G., & Basu, S. (2013). Optimization or bricolage? Overcoming resource constraints in global social entrepreneurship. Strategic entrepreneurship journal, 7(1), 26-49. https://doi.org/10.1002/sej.1150
Ekawati, D., & Yudoko, G. (2024). Strategy for Automation and Digitalization in Indonesian Aerospace Manufacturing. Jurnal Bisnis dan Pemasaran Digital, 3(2), 91-105. doi:https://doi.org/10.35912/jbpd.v3i2.4510
Farole, T., & Akinci, G. (2011). Special economic zones : progress, emerging challenges, and future directions (English). Retrieved from https://documents.worldbank.org/en/publication/documents-reports/documentdetail/752011468203980987/special-economic-zones-progress-emerging-challenges-and-future-directions
Ferlito, R., & Faraci, R. (2022). Business model innovation for sustainability: A new framework. Innovation & Management Review, 19(3), 222-236. https://doi.org/10.1108/INMR-07-2021-0125
Forum, W. E. (2019). Global Competitiveness Report 2019.
Foundation, T. H. (2023). Index of Economic Freedom.
Freeman, R. E. (2020). The stakeholder approach revisited. Wirtschafts-und unternehmensethik, 657-671.
Giaccone, S. C., & Longo, M. C. (2016). Insights on the innovation hub's design and management. International Journal of Technology Marketing, 11(1), 97-119. https://doi.org/10.1504/IJTMKT.2016.073318
Gompers, P., & Lerner, J. (2004). The venture capital cycle MIT Press: Cambridge.
Hayter, C. S. (2016). A trajectory of early-stage spinoff success: the role of knowledge intermediaries within an entrepreneurial university ecosystem. Small Business Economics, 47, 633-656. https://doi.org/10.1007/s11187-016-9756-3
Ianioglo, A. (2022). Innovation and entrepreneurial ecosystems. Innovation, Research and Development and Capital Evaluation, 63.
Isenberg, D. J. (2010). How to start an entrepreneurial revolution. Harvard business review, 88(6), 40-50.
Kosasih, A., & Sulaiman, E. (2024). Digital transformation in rural settings: Unlocking opportunities for sustainable economic growth and community empowerment. Journal of Sustainable Tourism and Entrepreneurship, 5(2), 129-143. https://doi.org/10.35912/joste.v5i2.2278
Kritikos, A. S. (2014). Entrepreneurs and their impact on jobs and economic growth. IZA World of Labor.
Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Reyes, C. A. M., Prochotta, A., . . . Berger, E. S. (2020). Startups in times of crisis–A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, 13, e00169. https://doi.org/10.1016/j.jbvi.2020.e00169
Lux, A. A., Macau, F. R., & Brown, K. A. (2020). Putting the entrepreneur back into entrepreneurial ecosystems. International Journal of Entrepreneurial Behavior & Research, 26(5), 1011-1041. https://doi.org/10.1108/IJEBR-01-2020-0031
Magaisa, G., & Matipira, L. (2017). Small and medium enterprises development in Zimbabwe. International Journal of Economy, Management and Social Sciences, 6(2).
Manurung, A. S. P., & Putro, U. S. (2024). Decision Analysis of ANH Gas Field Using Value Focused Thinking and AHP. Jurnal Bisnis dan Pemasaran Digital, 3(2), 155-173. doi:https://doi.org/10.35912/jbpd.v3i2.4516
Masuko, L., & Marufu, D. (2003). The Determinants of Transactions cost and Access to Credit by SMEs and the Poor in Zimbabwe. IFLIP Research Paper, 03-09.
Meyer, K. E., Prashantham, S., & Xu, S. (2021). Entrepreneurship and the post-COVID-19 recovery in emerging economies. Management and Organization Review, 17(5), 1101-1118. https://doi.org/10.1017/mor.2021.49
Mhlanga, D., & Garidzirai, R. (2020). Energy demand and race explained in South Africa: a case of electricity. Eurasian Journal of Business and Management, 8(3), 191-204.
MISA. (2024). Zimbabwe experiences internet degradation due to infrastructure issues. Retrieved from https://zimbabwe.misa.org/2024/06/05/zimbabwe-experiences-internet-degradation-due-to-infrastructure-issues/
Muhammed, A. Y., Adenike, M., & Salahudeen, H. (2020). The impact of Covid-19 lockdown on socio-economic activities in Kaduna State, Nigeria. Journal of Sustainable Tourism and Entrepreneurship, 2(1), 41-51. https://doi.org/10.35912/joste.v2i1.547
Muriithi, S. M. (2021). The Impact of COVID-19 on African SMEs, possible remedies and source of funding.
Musabayana, G. T., Mutambara, E., & Ngwenya, T. (2023). Establishment of a Zimbabwe National SME sector: a major priority to enhance the performance of the national economy. Journal of innovation and entrepreneurship, 12(1), 65. https://doi.org/10.1186/s13731-023-00329-5
Ndebele, M. N. (2021). Effectiveness of Incubation Centres in Creating Sustainable Businesses in Zimbabwe. South Asian Research Journal of Agriculture and Fisheries, 3(2), 17-25.
Onea, I. A. (2022). Exploring the COVID-19 pandemic impact on innovation and entrepreneurship–Review and evidence from Global Innovation Index. Paper presented at the Proceedings of the International Conference on Business Excellence.
Porta, R. L., Lopez-de-Silanes, F., & Shleifer, A. (2008). The economic consequences of legal origins. Journal of economic literature, 46(2), 285-332. 10.1257/jel.46.2.285
Rao, P., Kumar, S., & Verma, S. (2024). Evolution and trends in entrepreneurial finance: reflections and insights from COVID-19. Venture Capital, 26(3), 247-282. https://doi.org/10.1080/13691066.2023.2210757
Recoveries, M. D. (2021). World economic outlook. International Monetary Fund.
Reis, D., Moura, F., & Aragão, I. (2021). Entrepreneurship, intellectual property and innovation ecosystems. International Journal for Innovation Education and Research, 9(2), 108-134. 10.31686/ijier.vol9.iss2.2879
Reuschl, A. J., Deist, M. K., & Maalaoui, A. (2022). Digital transformation during a pandemic: Stretching the organizational elasticity. Journal of business research, 144, 1320-1332. https://doi.org/10.1016/j.jbusres.2022.01.088
Roth, S. (2021). The Great Reset. Restratification for lives, livelihoods, and the planet. Technological Forecasting and Social Change, 166, 120636. https://doi.org/10.1016/j.techfore.2021.120636
Sahoo, P., & Ashwani. (2020). COVID-19 and Indian economy: Impact on growth, manufacturing, trade and MSME sector. Global Business Review, 21(5), 1159-1183. https://doi.org/10.1177/0972150920945687
Simuka, J., & Chinakidzwa, M. (2022). A stakeholder founded business model for strategic management of innovation hubs: A case of Zimbabwe universities innovation hubs. Journal of African Education, 3(2), 155.
Sorgner, & Alina. (2023). Covid-19 and Entrepreneurship.
Spigel, B. (2017). The relational organization of entrepreneurial ecosystems. Entrepreneurship theory and practice, 41(1), 49-72. https://doi.org/10.1111/etap.12167
Stam, E., & Van de Ven, A. (2021). Entrepreneurial ecosystem elements. Small Business Economics, 56(2), 809-832. https://doi.org/10.1007/s11187-019-00270-6
Suherna, S., & Nasiatin, T. (2023). Relationship between Customer Management Micro, Small and Medium Enterprises (MSMEs) and Marketing Performance in Banten. Journal of Sustainable Tourism and Entrepreneurship, 4(3), 345-355. https://doi.org/10.35912/joste.v5i1.2005
Sutama, I. K. G. S., Nyoman Diah Utari, D., & Luh Riniti, R. (2023). Pengembangan Pariwisata dengan Community Based Tourism di Desa Wisata Penatih Denpasar. Jurnal Studi Perhotelan dan Pariwisata, 2(1), 1-11. doi:https://doi.org/10.35912/jspp.v2i1.2260
Suyono, A., Nurhuda, N., & Sari, M. (2023). Peningkatan Literasi Keuangan dan Kepedulian Ekonomi Anak berbasis Pretend Play bagi Orang Tua. Studi Akuntansi, Keuangan, Dan Manajemen, 3(1), 9-17. https://doi.org/10.35912/sakman.v3i1.2252
Uchenna, N. N. (2021). Innovation and Entrepreneurship in Post Covid-19: A Panacea for Sustainable Development in Africa. African Journal of Business and Economic Development| ISSN, 1(8).
UN. (2023). Sustainable Development Goal 8 Decent Work and Economic Growth. Retrieved from https://www.un.org/sustainabledevelopment/economic-growth/#:~:text=Achieving%20Goal%208%20will%20require,all%20and%20improve%20living%20standards.
Wasim, J., Youssef, M. H., Christodoulou, I., & Reinhardt, R. (2024). The path to entrepreneurship: The role of social networks in driving entrepreneurial learning and education. Journal of Management Education, 48(3), 459-493. https://doi.org/10.1177/10525629231219235
Worldbank. (2020). Doing Business 2020. Retrieved from https://openknowledge.worldbank.org/bitstream/handle/10986/32436/9781464814402.pdf
Yuliastuti, H., Kamsariaty, K., Istiqaroh, C. R., Mastuti, D. N., Yosepha, S. Y., Irmadiani, N. D., & Suryawan, R. F. (2024). Exploring the potential: Small-scale tourism entrepreneurship in emerging markets. Journal of Sustainable Tourism and Entrepreneurship, 6(1), 31-43. https://doi.org/10.35912/joste.v6i1.2081
Zvavahera, P., Chigora, F., & Tandi, R. (2018). Entrepreneurship: An engine for economic growth. International Journal of Academic Research in Business and Social Sciences, 8(11), 55-66.
- Agency, N. E. (2023). Zimbabwe’s Youth Entrepreneurship Ecosystem Assessment.
- Alvi, F. H., & Ulrich, K. (2023). Innovation finance ecosystems for entrepreneurial firms: A conceptual model and research propositions. Journal of business research, 156, 113450. https://doi.org/10.1016/j.jbusres.2022.113450
- Bank, A. D. (2020). Zimbabwe: African Development Bank approves $13.7 million to strengthen health system, boost anti-COVID-19 efforts.
- Bank, W. (2024a). Business Ready (B-READY) 2024.
- Bank, W. (2024b). The World Bank in Zimbabwe.
- Ba?ka, M., Kukurba, M., & Waszkiewicz, A. (2022). The Impact of the Covid-19 Pandemic on Start-ups' Collaboration with Corporations. Procedia Computer Science, 207, 1283-1292. https://doi.org/10.1016/j.procs.2022.09.184
- Brändle, L., Signer, H., & Kuckertz, A. (2023). Socioeconomic status and entrepreneurial networking responses to the COVID-19 crisis. Journal of Business Economics, 93(1), 111-147. https://doi.org/10.1007/s11573-022-01120-w
- Chaora, B. (2020). Impact of Covid-19 Lockdown on Micro, Small & Medium Scale Enterprises in Zimbabwe. SIVIO Institute Centre for Entrepreneurship and Financial Inclusion.
- Chaudhuri, R., Chatterjee, S., Vrontis, D., & Vicentini, F. (2022). Effects of human capital on entrepreneurial ecosystems in the emerging economy: the mediating role of digital knowledge and innovative capability from India perspective. Journal of Intellectual Capital, 24(1), 283-305. https://doi.org/10.1108/JIC-07-2021-0177
- Chirume, E., & Kaseke, N. (2020). Impact of covid-19 on small and medium-sized enterprises (smes) in Chinhoyi, Zimbabwe. International Journal of Business, Economics and Law, 23(1), 101-110.
- Civera, A., Meoli, M., & Vismara, S. (2019). Do academic spinoffs internationalize? The Journal of Technology Transfer, 44, 381-403. https://doi.org/10.1007/s10961-018-9683-3
- D'Andrea, F. A. M. C., Santos, D. A. G. d., Costa, C. V. P., & Zen, A. C. (2023). Why startups fail in emerging entrepreneurial ecosystems? REGEPE Entrepreneurship and Small Business Journal, 12(3), e2055. https://doi.org/10.14211/regepe.esbj.e2055
- Desa, G., & Basu, S. (2013). Optimization or bricolage? Overcoming resource constraints in global social entrepreneurship. Strategic entrepreneurship journal, 7(1), 26-49. https://doi.org/10.1002/sej.1150
- Ekawati, D., & Yudoko, G. (2024). Strategy for Automation and Digitalization in Indonesian Aerospace Manufacturing. Jurnal Bisnis dan Pemasaran Digital, 3(2), 91-105. doi:https://doi.org/10.35912/jbpd.v3i2.4510
- Farole, T., & Akinci, G. (2011). Special economic zones : progress, emerging challenges, and future directions (English). Retrieved from https://documents.worldbank.org/en/publication/documents-reports/documentdetail/752011468203980987/special-economic-zones-progress-emerging-challenges-and-future-directions
- Ferlito, R., & Faraci, R. (2022). Business model innovation for sustainability: A new framework. Innovation & Management Review, 19(3), 222-236. https://doi.org/10.1108/INMR-07-2021-0125
- Forum, W. E. (2019). Global Competitiveness Report 2019.
- Foundation, T. H. (2023). Index of Economic Freedom.
- Freeman, R. E. (2020). The stakeholder approach revisited. Wirtschafts-und unternehmensethik, 657-671.
- Giaccone, S. C., & Longo, M. C. (2016). Insights on the innovation hub's design and management. International Journal of Technology Marketing, 11(1), 97-119. https://doi.org/10.1504/IJTMKT.2016.073318
- Gompers, P., & Lerner, J. (2004). The venture capital cycle MIT Press: Cambridge.
- Hayter, C. S. (2016). A trajectory of early-stage spinoff success: the role of knowledge intermediaries within an entrepreneurial university ecosystem. Small Business Economics, 47, 633-656. https://doi.org/10.1007/s11187-016-9756-3
- Ianioglo, A. (2022). Innovation and entrepreneurial ecosystems. Innovation, Research and Development and Capital Evaluation, 63.
- Isenberg, D. J. (2010). How to start an entrepreneurial revolution. Harvard business review, 88(6), 40-50.
- Kosasih, A., & Sulaiman, E. (2024). Digital transformation in rural settings: Unlocking opportunities for sustainable economic growth and community empowerment. Journal of Sustainable Tourism and Entrepreneurship, 5(2), 129-143. https://doi.org/10.35912/joste.v5i2.2278
- Kritikos, A. S. (2014). Entrepreneurs and their impact on jobs and economic growth. IZA World of Labor.
- Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Reyes, C. A. M., Prochotta, A., . . . Berger, E. S. (2020). Startups in times of crisis–A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, 13, e00169. https://doi.org/10.1016/j.jbvi.2020.e00169
- Lux, A. A., Macau, F. R., & Brown, K. A. (2020). Putting the entrepreneur back into entrepreneurial ecosystems. International Journal of Entrepreneurial Behavior & Research, 26(5), 1011-1041. https://doi.org/10.1108/IJEBR-01-2020-0031
- Magaisa, G., & Matipira, L. (2017). Small and medium enterprises development in Zimbabwe. International Journal of Economy, Management and Social Sciences, 6(2).
- Manurung, A. S. P., & Putro, U. S. (2024). Decision Analysis of ANH Gas Field Using Value Focused Thinking and AHP. Jurnal Bisnis dan Pemasaran Digital, 3(2), 155-173. doi:https://doi.org/10.35912/jbpd.v3i2.4516
- Masuko, L., & Marufu, D. (2003). The Determinants of Transactions cost and Access to Credit by SMEs and the Poor in Zimbabwe. IFLIP Research Paper, 03-09.
- Meyer, K. E., Prashantham, S., & Xu, S. (2021). Entrepreneurship and the post-COVID-19 recovery in emerging economies. Management and Organization Review, 17(5), 1101-1118. https://doi.org/10.1017/mor.2021.49
- Mhlanga, D., & Garidzirai, R. (2020). Energy demand and race explained in South Africa: a case of electricity. Eurasian Journal of Business and Management, 8(3), 191-204.
- MISA. (2024). Zimbabwe experiences internet degradation due to infrastructure issues. Retrieved from https://zimbabwe.misa.org/2024/06/05/zimbabwe-experiences-internet-degradation-due-to-infrastructure-issues/
- Muhammed, A. Y., Adenike, M., & Salahudeen, H. (2020). The impact of Covid-19 lockdown on socio-economic activities in Kaduna State, Nigeria. Journal of Sustainable Tourism and Entrepreneurship, 2(1), 41-51. https://doi.org/10.35912/joste.v2i1.547
- Muriithi, S. M. (2021). The Impact of COVID-19 on African SMEs, possible remedies and source of funding.
- Musabayana, G. T., Mutambara, E., & Ngwenya, T. (2023). Establishment of a Zimbabwe National SME sector: a major priority to enhance the performance of the national economy. Journal of innovation and entrepreneurship, 12(1), 65. https://doi.org/10.1186/s13731-023-00329-5
- Ndebele, M. N. (2021). Effectiveness of Incubation Centres in Creating Sustainable Businesses in Zimbabwe. South Asian Research Journal of Agriculture and Fisheries, 3(2), 17-25.
- Onea, I. A. (2022). Exploring the COVID-19 pandemic impact on innovation and entrepreneurship–Review and evidence from Global Innovation Index. Paper presented at the Proceedings of the International Conference on Business Excellence.
- Porta, R. L., Lopez-de-Silanes, F., & Shleifer, A. (2008). The economic consequences of legal origins. Journal of economic literature, 46(2), 285-332. 10.1257/jel.46.2.285
- Rao, P., Kumar, S., & Verma, S. (2024). Evolution and trends in entrepreneurial finance: reflections and insights from COVID-19. Venture Capital, 26(3), 247-282. https://doi.org/10.1080/13691066.2023.2210757
- Recoveries, M. D. (2021). World economic outlook. International Monetary Fund.
- Reis, D., Moura, F., & Aragão, I. (2021). Entrepreneurship, intellectual property and innovation ecosystems. International Journal for Innovation Education and Research, 9(2), 108-134. 10.31686/ijier.vol9.iss2.2879
- Reuschl, A. J., Deist, M. K., & Maalaoui, A. (2022). Digital transformation during a pandemic: Stretching the organizational elasticity. Journal of business research, 144, 1320-1332. https://doi.org/10.1016/j.jbusres.2022.01.088
- Roth, S. (2021). The Great Reset. Restratification for lives, livelihoods, and the planet. Technological Forecasting and Social Change, 166, 120636. https://doi.org/10.1016/j.techfore.2021.120636
- Sahoo, P., & Ashwani. (2020). COVID-19 and Indian economy: Impact on growth, manufacturing, trade and MSME sector. Global Business Review, 21(5), 1159-1183. https://doi.org/10.1177/0972150920945687
- Simuka, J., & Chinakidzwa, M. (2022). A stakeholder founded business model for strategic management of innovation hubs: A case of Zimbabwe universities innovation hubs. Journal of African Education, 3(2), 155.
- Sorgner, & Alina. (2023). Covid-19 and Entrepreneurship.
- Spigel, B. (2017). The relational organization of entrepreneurial ecosystems. Entrepreneurship theory and practice, 41(1), 49-72. https://doi.org/10.1111/etap.12167
- Stam, E., & Van de Ven, A. (2021). Entrepreneurial ecosystem elements. Small Business Economics, 56(2), 809-832. https://doi.org/10.1007/s11187-019-00270-6
- Suherna, S., & Nasiatin, T. (2023). Relationship between Customer Management Micro, Small and Medium Enterprises (MSMEs) and Marketing Performance in Banten. Journal of Sustainable Tourism and Entrepreneurship, 4(3), 345-355. https://doi.org/10.35912/joste.v5i1.2005
- Sutama, I. K. G. S., Nyoman Diah Utari, D., & Luh Riniti, R. (2023). Pengembangan Pariwisata dengan Community Based Tourism di Desa Wisata Penatih Denpasar. Jurnal Studi Perhotelan dan Pariwisata, 2(1), 1-11. doi:https://doi.org/10.35912/jspp.v2i1.2260
- Suyono, A., Nurhuda, N., & Sari, M. (2023). Peningkatan Literasi Keuangan dan Kepedulian Ekonomi Anak berbasis Pretend Play bagi Orang Tua. Studi Akuntansi, Keuangan, Dan Manajemen, 3(1), 9-17. https://doi.org/10.35912/sakman.v3i1.2252
- Uchenna, N. N. (2021). Innovation and Entrepreneurship in Post Covid-19: A Panacea for Sustainable Development in Africa. African Journal of Business and Economic Development| ISSN, 1(8).
- UN. (2023). Sustainable Development Goal 8 Decent Work and Economic Growth. Retrieved from https://www.un.org/sustainabledevelopment/economic-growth/#:~:text=Achieving%20Goal%208%20will%20require,all%20and%20improve%20living%20standards.
- Wasim, J., Youssef, M. H., Christodoulou, I., & Reinhardt, R. (2024). The path to entrepreneurship: The role of social networks in driving entrepreneurial learning and education. Journal of Management Education, 48(3), 459-493. https://doi.org/10.1177/10525629231219235
- Worldbank. (2020). Doing Business 2020. Retrieved from https://openknowledge.worldbank.org/bitstream/handle/10986/32436/9781464814402.pdf
- Yuliastuti, H., Kamsariaty, K., Istiqaroh, C. R., Mastuti, D. N., Yosepha, S. Y., Irmadiani, N. D., & Suryawan, R. F. (2024). Exploring the potential: Small-scale tourism entrepreneurship in emerging markets. Journal of Sustainable Tourism and Entrepreneurship, 6(1), 31-43. https://doi.org/10.35912/joste.v6i1.2081
- Zvavahera, P., Chigora, F., & Tandi, R. (2018). Entrepreneurship: An engine for economic growth. International Journal of Academic Research in Business and Social Sciences, 8(11), 55-66.