The Application of Strategic Foresight in Women's Entrepreneurship Development
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Published
Jul 31, 2023
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Abstract
Strategic vision guides governments and societies to overcome gender biases to extol entrepreneurship and achieve targeted business performance. In order to change women's entrepreneurship in societies, strategic foresight is one of the most important resources to be utilized. Strategic foresight offers relevant solutions to these changes for achieving socio-economic benefits and creating sustainable value. Although several studies have been conducted on women's entrepreneurship, identification of its influential factors, and their effect, none has yet studied how strategic foresight can play a role in developing women's entrepreneurship in different countries. Therefore, this study is aiming to explore the relationship between strategic foresight and female entrepreneurship. The purpose of this study is to examine the link between women's entrepreneurship and strategic foresight capabilities by reviewing relevant literature and background theories. Dimensions of the framework were verified quantitatively using a Delphi research process, SPSS software, and analysis of the gathered questionnaires. The results show that strategic foresight significantly affects women's entrepreneurship through business sustainability.
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References
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[46] Tzuriel, David, and Gilat Trabelsi. 2015. The Effects of the Seria-Think Program (STP) on Planning, Self-Regulation, and Math Performance Among Grade 3 Children with Attention Deficit Hyperactivity Disorder (ADHD). In Cognition, Intelligence, and Achievement (pp. 345-367). Academic Press.
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[2] Bouzari, Parisa, Aidin Salamzadeh, Maryam Soleimani, and Pejman Ebrahimi. 2021. "Online Social Networks and Women’s Entrepreneurship: A Comparative Study between Iran and Hungary." Journal of Women’s Entrepreneurship and Education, 3-4: 61-75.
[3] Brnjas, Zvonko, and Mihajlo Đukić. 2018. "Gender Responsive Budgeting in the Local Self-Government in the Republic of Serbia." Journal of Women’s Entrepreneurship and Education, 3-4: 45–59.
[4] Bruni, Attila, Silvia Gherardi, and Barbara Poggio. 2004. "Doing gender, doing entrepreneurship: An ethnographic account of intertwined practices." Gender, Work & Organization, 11(4): 406-429.
[5] Cook, Carly N., Sohail Inayatullah, Mark A. Burgman, William J. Sutherland, and Brendan A. Wintle. 2014. "Strategic foresight: how planning for the unpredictable can improve environmental decision-making." Trends in ecology & evolution, 29(9): 531-541.
[6] Cook, Carly N., Bonnie C. Wintle, Stephen C. Aldrich, and Brendan A. Wintle. 2014. "Using strategic foresight to assess conservation opportunity." Conservation Biology, 28(6): 1474-1483.
[7] Crumpton, Michael. 2015. "Strategic human resource planning for academic libraries: information, technology and organization." Chandos Publishing.
[8] Dana, Léo-Paul, Aidin Salamzadeh, Samira Mortazavi, and Morteza Hadizadeh. 2022a. "Investigating the impact of international markets and new digital technologies on business innovation in emerging markets." Sustainability, 14(2): 983.
[9] Dana, Léo-Paul, Aidin Salamzadeh, Samira Mortazavi, Morteza Hadizadeh, and Mahnaz Zolfaghari. 2022b. "Strategic futures studies and entrepreneurial resiliency: a focus on digital technology trends and emerging markets." Tec Empresarial, 16(1): 87-100.
[10] Dana, Leo-Paul, Aidin Salamzadeh, Morteza Hadizadeh, Ghazaleh Heydari, and Soroush Shamsoddin. 2022. "Urban Entrepreneurship and Sustainable Businesses in Smart Cities: Exploring the Role of Digital Technologies." Sustainable Technology and Entrepreneurship, 100016.
[11] Duflo, Esther. 2012. "Women empowerment and economic development." Journal of Economic Literature, 50(4): 1051–1079.
[12] Durst, Carolin, Michael Durst, Thomas Kolonko, Andreas Neef, and Florian Greif. 2015. "A holistic approach to strategic foresight: A foresight support system for the German Federal Armed Forces." Technological Forecasting and Social Change, 97, 91-104.
[13] Fauzi, Fitriya, Darius Antoni, and Emi Suwarni. 2020. "Women entrepreneurship in the developing country: the effects of financial and digital literacy on smes’growth. " Journal of Governance and Regulation, 9(4): 106-115.
[14] Gërguri-Rashiti, Shqipe, and Sareh Rotabi. 2021. "Women Entrepreneurship in Developing Countries: With Focus on GCC and Kuwait." In The Emerald Handbook of Women and Entrepreneurship in Developing Economies (pp. 91–109). Emerald Publishing Limited.
[15] Glenn, Jerome C. 2009. Introduction to the futures research methods series. In Futures Research Methodology – Version 3.0 (Glenn, J.C. and Gordon, T.J., eds): The Millenium Project.
[16] Goffee, Robert, and Richard Scase. 2015. Women in charge (routledge revivals): the experiences of female entrepreneurs. Routledge.
[17] Jennings, Jennifer E., and Candida G. Brush. 2013. "Research on women entrepreneurs: challenges to (and from) the broader entrepreneurship literature?." Academy of Management Annals, 7(1): 663–715.
[18] Jovanović, Olivera, and Milena Lazić. 2018. "Women Entrepreneurship in Serbia–Potentials and Constraints." Journal of Women’s Entrepreneurship and Education, 3–4: 60–72.
[19] Kastrinos, Nikos, and K. Matthias Weber. 2020. "Sustainable development goals in the research and innovation policy of the European Union." Technological Forecasting and Social Change, 157, 120056.
[20] King, Kylie. (2020). "Networks, Aspirations, and Outcomes of Mom Entrepreneurs." Journal of Women’s Entrepreneurship and Education, 1–2, 1–21.
[21] Ljumović, Isidora, Krsto Jakšić, and Ivana Lečovski-Milojkić. 2019. "Aspirations towards Entrepreneurship and Self-awareness among Young Female Population in the North Kosovo & Metohija." Journal of Women’s Entrepreneurship and Education, 3–4: 1–16.
[22] Marshall, Maria I., and Anna Flaig. 2014. "Marriage, children, and self-employment earnings: An analysis of self-employed women in the US." Journal of Family and Economic Issues, 35(3): 313–322.
[23] Minniti, Maria. 2010. "Female entrepreneurship and economic activity." The European Journal of Development Research, 22(3): 294–312.
[24] Minniti, Maria, and Wim Naudé. 2010. "What do we know about the patterns and determinants of female entrepreneurship across countries?." The European Journal of Development Research, 22(3): 277–293.
[25] Morris, Glynis D., Sonia McKay, and Andrea Oates. 2009. Finance director's handbook. Elsevier, 891-904.
[26] Odunaike, Bolawale Abayomi, and Olarenwaju Emmanuel Ajiboye. 2020. "Low-Income Women Entrepreneurs and Household Sustainability in Badagry; A Border Community in Lagos, Nigeria." Journal of Women’s Entrepreneurship and Education, 3–4: 165–180.
[27] Ogundana, Oyedele Martins, Amon Simba, Leo-Paul Dana, and Eric Liguori. 2021. "Women entrepreneurship in developing economies: A gender-based growth model." Journal of Small Business Management, 59(sup1): S42–S72.
[28] Moses, Chinonye, and Chima Mordi. 2010. Women Entrepreneurship Development in Nigeria: the Effect of Environmental Factors. Petroleum-Gas University of Ploiesti Bulletin, Economic Sciences Series.
[29] Omolekan, Olushola Joshua, and Busayo Alli. 2020. "Relevance of Innovation on Survival of Women-owned Business in Nigeria." Journal of Women’s Entrepreneurship and Education, 3–4: 146–164.
[30] OECD. 2013. Women and financial education: evidence, policy responses and guidance. OECD Publishing.
[31] Radović-Marković, Mirjana. 2018. "Female entrepreneurship opportunity: Home-based genealogy business." Journal of Women’s Entrepreneurship and Education, 3–4: 20–33.
[32] Radović-Marković, Mirjana, and Priscilla Achakpa. 2018. "Employment women through entrepreneurship development and education in developing countries." Journal of Women’s Entrepreneurship and Education, 1–2, 17–30.
[33] Rahman, Md Mizanur, Mosab I. Tabash, Aidin Salamzadeh, Selajdin Abduli, and Md Saidur Rahaman. 2022. "Sampling techniques (probability) for quantitative social science researchers: a conceptual guidelines with examples." Seeu Review, 17(1): 42-51.
[34] Ramadani, Veland, Md Mizanur Rahman, Aidin Salamzadeh, Md Saidur Rahaman, and Hyrije Abazi-Alili. 2022. "Entrepreneurship education and graduates' entrepreneurial intentions: Does gender matter? A multi-group analysis using AMOS." Technological Forecasting and Social Change, 180: 121693.
[35] Rashid, Sumayya, and Vanessa Ratten. 2020. "A systematic literature review on women entrepreneurship in emerging economies while reflecting specifically on SAARC countries." Entrepreneurship and Organizational Change, 37–88.
[36] Ribeiro, Manuel Alector, Issahaku Adam, Albert Nsom Kimbu, Ewoenam Afenyo-Agbe, Ogechi Adeola, Cristina Figueroa-Domecq, and Anna de Jong. 2021. "Women entrepreneurship orientation, networks and firm performance in the tourism industry in resource-scarce contexts." Tourism Management, 86: 104343.
[37] Roos, Annie. 2019. "Embeddedness in context: understanding gender in a female entrepreneurship network." Entrepreneurship & Regional Development, 31(3–4): 279–292.
[38] Rovenská, Denisa. 2020. "Handling Injustice-Are Women Too Sensitive?." Journal of Women’s Entrepreneurship and Education, 3–4, 3–22.
[39] Salamzadeh, Aidin, Jahangir Yadollahi Farsi, Mahmoud Motavaseli, Mirjana Radovic Markovic, and Hiroko Kawamorita Kesim. (2015). "Institutional factors affecting the transformation of entrepreneurial universities." International Journal of Business and Globalisation, 14(3): 271-291.
[40] Salamzadeh, Aidin, Morteza Hadizadeh, and Samira Sadat Mortazavi. 2021. "Realization of online entrepreneurship education based on new digital technologies in Iran: A scenario planning approach." Journal of Entrepreneurship Development, 14(3): 481-500.
[41] Salamzadeh, Aidin, Mirjana Radović-Marković, and Boufeldja Ghiat. 2022. "Women Entrepreneurs in Algeria." Women Entrepreneurs in North Africa: Historical Frameworks, Ecosystems and New Perspectives for the Region, 87-102.
[42] Salamzadeh, Aidin, and Veland Ramadani. 2021. Entrepreneurial ecosystem and female digital entrepreneurship–Lessons to learn from an Iranian case study. In The Emerald handbook of women and entrepreneurship in developing economies (pp. 317-334). Emerald Publishing Limited.
[43] Salamzadeh, Aidin, Mehdi Tajpour, and Elahe Hosseini, 2019. "Corporate entrepreneurship in University of Tehran: does human resources management matter?." International journal of knowledge-based development, 10(3): 276-292.
[44] Sultana, Afiya. 2012. "Promoting women’s entrepreneurship through SME: Growth and development in the context of Bangladesh." IOSR Journal of Business and Management, 4(1): 18–29.
[45] Tajpour, Mehdi, Elahe Hosseini, and Aidin Salamzadeh. 2020. "The effect of innovation components on organisational performance: case of the governorate of Golestan Province." International Journal of Public Sector Performance Management, 6(6): 817-830.
[46] Tzuriel, David, and Gilat Trabelsi. 2015. The Effects of the Seria-Think Program (STP) on Planning, Self-Regulation, and Math Performance Among Grade 3 Children with Attention Deficit Hyperactivity Disorder (ADHD). In Cognition, Intelligence, and Achievement (pp. 345-367). Academic Press.
[47] Vossenberg, Saskia. 2013. "Women Entrepreneurship Promotion in Developing Countries: What explains the gender gap in entrepreneurship and how to close it." Maastricht School of Management Working Paper Series, 8(1): 1–27.
[48] Wiebe, Keith, Monika Zurek, Steven Lord, Natalia Brzezina, Gnel Gabrielyan, Jessica Libertini, Adam Loch, Resham Thapa-Parajuli, Joost Vervoort, and Henk Westhoek. 2018. "Scenario development and foresight analysis: exploring options to inform choices." Annual Review of Environment and Resources, 43: 545-570.