Entrepreneurial Capability and Ecosystem Synergy: A Strategic Alignment
-
https://doi.org/10.14419/ab4trb29
Received date: May 29, 2025
Accepted date: June 22, 2025
Published date: June 27, 2025
-
MSMEs, Entrepreneur’s Capability, Entrepreneurial Ecosystem, Entrepreneurship, Entrepreneur -
Abstract
The study aims to identify whether there is a relationship between an entrepreneur’s capability and the entrepreneurial ecosystem to develop a good strategy that would help an entrepreneur with decision-making. This would be beneficial to for them to realize the requirement to become successful entrepreneurs and for Batangas Province to realize the perfect environment for these entrepreneurs. The researcher employed a descriptive research method to collect the necessary data and information addressing the status of the study. The total number of respondents comprised 395 registered entrepreneurs from Batangas Province. To analyze the data and address the research objectives, various statistical tools were utilized, including Frequency/Percentage, Weighted Mean, One-Way Analysis of Variance (ANOVA), Brown-Forsythe test for non-homogeneous variances, and Pearson correlation. The findings revealed that most respondents were female, above 45 years old, married, and held a college degree. Regarding business profiles, most of the entrepreneurs operated establishments classified under the Wholesale and Retail Trade sector, employed 1–3 workers, and had been in operation for over 10 years. The assessment of entrepreneurial capability, measured in terms of sensing, selecting, shaping, and synchronizing, received a verbal interpretation of "Capable." Meanwhile, the entrepreneurial ecosystem, evaluated through dimensions such as policy, markets, human capital, support systems, culture, and finance, were rated as "favorable." A significant relationship was found between the entrepreneurial ecosystem and entrepreneurial capability, particularly in the aspect of sensing. A model was developed based on the results of the study.
-
References
- Agyapong, D., Essel, B., & Boateng, R. (2024). Market dynamism and SME innovation: A multi-sectoral analysis. Journal of Small Business and Enterprise Development, 31(1), 45–62.
- Cohen, S. L., Fehder, D. C., Hochberg, Y. V., & Murray, F. (2019). The design of startup accelerators. Research Policy, 48(7), 1781–1797. https://doi.org/10.1016/j.respol.2019.03.002
- Ella, R. (2016). The effect of entrepreneurial orientation and product innovativeness on SMEs performance.
- Fayard, P. R. (2018). Dynamic capabilities and entrepreneurial ecosystems: The micro-foundations of regional entrepreneurship. The Journal of En-trepreneurship, 2(25).
- Fuller, A. W., & Rothaermel, F. T. (2012). When stars shine: The effects of faculty founders on new technology ventures. Strategic Management Journal, 33(9), 892–909. https://doi.org/10.1002/smj
- Goswami, K., Mitchell, J. R., & Bhagavatula, S. (2021). Accelerator expertise: Understanding the intermediary role of accelerators in the develop-ment of the Indian entrepreneurial ecosystem. Academy of Management Perspectives, 35(1), 124–145.
- Isenberg, D. (2011). The entrepreneurship ecosystem strategy as a new paradigm for economic policy: Principles for cultivating entrepreneurship. Babson Entrepreneurship Ecosystem Project, Babson College.
- Kehoe, R. R., & Tzabbar, D. (2015). Talent management: A review and research agenda. Journal of Management, 41(1), 71–98. https://doi.org/10.1177/0149206314547157
- Marcos, F. R., Jr. (2022). Speech at the MSME Summit 2022. https://www.gov.ph/
- Perez, M. A., Lopez, J. D., & Ramos, F. C. (2015). An industry-based curriculum for MBA programs: Bridging the gap between academia and in-dustry. Journal of Business Education, 90(3), 112–120.
- Thai, M. T. T., & Mai, N. T. T. (2023). Entrepreneurial culture: A systematic literature review. Journal of Small Business Strategy, 33(2), 67–82.
- Peters, T. (2013). Entrepreneurship and the new economy. https://www.example.com/
- Wadichar, R. K., Manusmare, P., & Burghate, M. A. (2024). Entrepreneurial ecosystem: A systematic literature review. Vision, 28(2), 143–156.
- Hess, S. (2025). The future of entrepreneurial ecosystems research: Toward a policy-oriented research agenda. Journal of Business Venturing In-sights.
- Stanford University. (n.d.). Innovation strategy and building sustainable advantages. http://web.stanford.edu/group/techventures/resources/dor29222_ch01.pdf
- The World Bank. (2022). Small and medium enterprises (SMEs) finance. https://www.worldbank.org/en/topic/smefinance
-
Downloads
-
How to Cite
Maralit, I. H. (2025). Entrepreneurial Capability and Ecosystem Synergy: A Strategic Alignment. International Journal of Basic and Applied Sciences, 14(2), 410-419. https://doi.org/10.14419/ab4trb29
