Exploring the Consumption Value for Halal Cosmetics Purchase Intention: A Proposed Conceptual Framework

Despite the negative sustainability consequences from conventional cosmetics, many Malaysian consumers continue using them. With unsustainable issues being widely reported and must be addressed by consumers’ adoption of Halal cosmetics with sustainable attributes. Therefore, the purpose of this paper is to develop a conceptual framework to investigate factor influencing consumers’ intention to purchase Halal cosmetics in Malaysia. Theory of consumption value (TCV) was employed as an underpinning theory, utilizing unique context-specific attributes of Halal cosmetics to aid in the development of the conceptual framework. A quantitative analysis with electronic questionnaire survey is proposed as data collection process. This paper makes significant theoretical contributions by integrating the unique context-specific attributes associated with the consumption values of Halal cosmetics, highlighting the novelty of this conceptual framework. The proposed conceptual framework also serves as a reference and guidance for Halal cosmetics manufacturers, marketers, and policymakers that seek to formulate marketing and policy strategies aimed at motivating consumers to actively purchase Halal cosmetics. This, in turn, can contribute to the pursuit of sustainable development and expansion of the Halal cosmetics market in Malaysia Conceptual paper Keywords: Halal cosmetics; Sustainability; Consumption value; Theory of consumption value; Purchase intention Reference to this paper should be made as follows: Liew, C. W.-S., & Karia, N. (2023). Exploring the Consumption Value for Halal Cosmetics Purchase Intention: A Proposed Conceptual Framework. Journal of Entrepreneurship, Business and Economics, 11(2), 130–167

Sample Size Determination for Survey Research and Non-Probability Sampling Techniques: A Review and Set of Recommendations

If the researchers cannot collect data from a sufficient number of respondents using an appropriate sampling technique, it will be challenging for them to meet the study's primary objective. So, it is crucial for researchers to collect data from a large enough sample size and choose a suitable sampling method. Because there are so many different sampling strategies, and they come in such a wide range of forms, researchers need to have a solid understanding of how these techniques differ to select the method that will work best for their particular study. In this paper, the researcher addresses those crucial issues by setting two essential questions: a. what are the various non-probability sampling techniques? b. what the minimum possible number of participants required for survey research is? Non-probability sampling techniques have been discussed with the necessary example so that the readers can easily understand which method will be more appropriate for their study. In addition, some guidelines concerning the determination of appropriate sample size (sample size calculation using G* power, the sample size for categorical and continuous variables, sample to items, sample to variables, the sample size of CB-SEM, PLS-SEM) for survey research have been discussed in this study. This study will help researchers choose the non-probability sampling method(s) and minimum sample size to conduct their studies efficiently and fruitfully. Research paper Keywords: Sampling, non-probability sampling, sample size, survey research Reference to this paper should be made as follows: Rahman, M. M. (2023). Sample Size Determination for Survey Research and Non-Probability Sampling Techniques: A Review and Set of Recommendations. Journal of Entrepreneurship, Business and Economics, 11(1), 42–62

A Diagnostic Study of Entrepreneurial Education Readiness in the Humanities and Social Sciences in Palestine

The humanities majors are plummeting worldwide. Experts believe that the main reason for the down drop in demand in majors like History, Archaeology, tourism, social sciences, and even foreign languages can be partially attributed to the fact that the designed curriculum no longer lives up to students’ expectations or satisfies the market’s evolving needs. In Palestine, these disciplines are confronted with the crisis of low enrolment. This diagnostic study aims to assess entrepreneurial readiness in the colleges of humanities in Palestine in order to assist education leaders in making informed decisions about the struggle of low demand and high unemployment rates. To that end, the study espoused a mixed-method approach to assess the scale and the scope of introducing Entrepreneurship Education within the Colleges of Humanities in Palestine. The researchers collected study data through focus group interviews with the deans and administrators and through surveying a random sample of the humanities teachers. The results show there is a sufficient number of teachers who use efficient teaching approaches like competency-based education or problem-based learning. Nonetheless, humanities curricula does not involve students directly in the entrepreneurial process. Current practices display lack of emphasis on training 'For' building entrepreneurial competencies or 'Through' experiential, process-based approaches that link education to the outside business environment.  Incubation services and work spaces are available on campus, but they are rarely utilized by the teachers or students from the humanities disciplines. The in-class induction strategies and the assessment methods remain very orthodox. Finally, this study provides ample evidence to support deans, administrators, and faculty members who want to systematically bring entrepreneurship into their discipline, and to deepen staff expertise in entrepreneurship education. Research paper Keywords: Entrepreneurship Curriculum, Humanities, Social sciences, Higher education, Palestine Reference to this paper should be made as follows: Daragmeh, A., & Halabi, A. (2023). A Diagnostic Study of Entrepreneurial Education Readiness in the Humanities and Social Sciences in Palestine. Journal of Entrepreneurship, Business and Economics, 11(1), 63–101

Internationalisation Factors - Competency, Commitment and Coordination: A Study on Women-Owned SMEs

The purpose of this study is to examine the effect of competency on internationalisation orientation through the mediation of commitment to learning and coordination. This study also examines the moderation effect of length of business in international new ventures (INVs) on the model. This research focused on INVs belongs to women SMEs in Malaysia. Length of business since inception is hypothesised to interact with commitment and coordination, and thus leads to stronger effect on internationalisation orientation. Quantitative research employing a cross-sectional survey is the method chosen for the research design. These hypothesised relationships are tested using mediation effect test whereas, moderation effect test performed using product indicator approach employing Partial Least Squares-SEM technique. Survey data collected from 154 owned by women entrepreneurs. The samples selected based on directories of exporters in Malaysia employing purposive sampling. The research found commitment to learning and coordination are significant mediators transmitting the effect of competency towards internationalization orientation. The moderation effect of length of a business, also found to be significantly strengthens the effect from coordination towards internationalisation orientation, and strengthen the effect of commitment towards internationalization orientation. Research paper Keywords: Women, Internationalisation, Competency, Commitment, Coordination, Small medium-sized enterprise, Women Reference to this paper should be made as follows: Nordin, N., Siti-Nabiha, A. K., & Mohd Noordin, N. F. (2022). Internationalisation Factors - Competency, Commitment and Coordination: A Study on Women-Owned SMEs. Journal of Entrepreneurship, Business and Economics, 10(2S1), 216–255.    &nbsp

Economic Evaluation of Offshore Wind Investments in Taiwan: An Uncertainty Approach

The offshore wind technology in Taiwan's market is in its early stages and has many uncertainties, despite its high growth potential. The emerging market is facing the challenge of establishing a cost-competitive offshore wind industry. This paper aims to evaluate offshore wind power investments in Taiwan using the probability-based Levelized Cost of Electricity (LCOE) model in order to investigate ways to overcome this challenge. To capture the project's uncertainties, a probabilistic approach and the Monte Carlo technique are utilized, and their effects on project evaluation are portrayed through the probability distribution of LCOE and sensitivity analysis. Additionally, a simulation based on a chronological approach is developed to directly investigate the probability density function of the capacity factor for a specific wind farm site. The study concludes that the proposed approach provides better insights into projects and performs better in project evaluation, especially for projects located in high-frequency wind areas. Research paper Keywords: Offshore Wind; Energy; Investment Evaluation; Uncertainty; Monte Carlo Reference to this paper should be made as follows: Nguyen, T. H. N., Chang, C., & Chen, H. (2023). Economic Evaluation of Offshore Wind Investments in Taiwan: An Uncertainty Approach. Journal of Entrepreneurship, Business and Economics, 11(2), 1–28

The Effects of Financial Literacy, Self-Efficacy, and Financial Stress on Risky Credit Behav-ior of Generation Z: Evidence from Pay Later Users

The utilization of pay later in Indonesia has increased significantly over the past year. However, not all pay-later users are aware of the negative impact that comes with the conveniences of-fered. This can be seen from the percentage level of financial literacy in Indonesia which is still lower than the level of financial inclusion. This means that many users of financial products, one of which is pay later users, have used financial products without having adequate knowledge. This study aims to determine the effect of financial literacy and self-efficacy on risky credit be-havior with financial stress as a mediator. financial literacy, financial self-efficacy, and finan-cial stress on risky credit behaviour variables. The sample of the study is Indonesian Generation Z who have used pay later. Research data was collected by conducting an online survey, where questions had to be answered by respondents by assessing one (strongly disagree) to five (strong-ly agree). In addition, this study uses the Structural Equation Model (SEM) to analyze the data that has been collected through a questionnaire. From the data analysis, it was found that the financial literacy of Generation Z has a significant positive relationship with financial self-efficacy, financial self-efficacy of Generation Z does not have a significant negative relationship with risky credit behavior, and financial literacy of Generation Z has a significant negative rela-tionship with risky credit behavior, financial self-efficacy does not mediate the relationship be-tween financial literacy and risky credit behavior, and financial stress does not moderate the relationship between financial literacy and risky credit behavior. The result of the study can be used by the financial institution to educate the Gen-Z generation about the risk financial consid-eration before making financial decision. Research paper Keywords: Financial Literacy, Financial Self-efficacy, Financial Stress, Pay Later, Risky Credit Behaviour Reference to this paper should be made as follows: Constansje, B., Kurniasari, F., & Abubakar, A. (2023). The Effects of Financial Literacy, Self-Efficacy, and Financial Stress on Risky Credit Behavior of Generation Z: Evidence from Pay Later Users. Journal of Entrepreneurship, Business and Economics, 11(1), 180–21

Index of the Cycle of Money - The Case of Canada

The purpose of this paper is to apply the theory of the monetary cycle to the case of Canada. In previous works, the economic characteristics of Latvia, Serbia, Bulgaria, Greece, Thailand, and Ukraine were determined according to the concept of the theory of the circulation of money. The money circulation index provides guidance on how an economic system should counteract a currency crisis and examines how well a country’s economy is structured. Canada's money cycle index estimates are compared to the world's average money cycle index. The results show that Canada is above the global average. Canada’s results show that it is a leading economy and can deal with an economic crisis immediately and in a very short time, as leading economies should. The methodology used is based on the analysis of theory and mathematical, statistical, and econometric results. The current work is important because it presents the strength of the Canadian economy in the face of a possible financial and economic crisis. This work comes from a project for several countries. The recent decision to impose a minimum tax of 15% on international corporations is consistent with the fixed-length principle of the theory of the monetary cycle. The money cycle index or index of the cycle of money makes it possible to address questions about the strength of the economy, considering the economy as an entity that interacts with other economies. The case of Canada shows that its economy has an index of money circulation of 0.88, which means that it is one of the excellent economies and can recover from any economic crisis in 2 to 5 years, depending on how well the authorities will respond to an economic crisis. A value of 0.1 means that it takes 2 to 5 years for an economy to recover from its strength. The ideal economy has a value of 1 on the money circulation index (index of the cycle of money). An economy with a value of 1 can respond immediately to an economic crisis, and this is an ideal level for any economy. Every 0.1 less than 1 means that the economy will take 3 to 5 years to recover. The money cycle index is a unique index that measures the strength of any economy. This work is the only work that can be found in the current bibliography on the money cycle. In addition, this paper is a unique work that shows that tax evasion does not harm the economy but causes a delay in tax revenues, and at the same time tax evasion harms the economy. Research paper Keywords: The cycle of money; Canada; Index of the cycle of money Reference to this paper should be made as follows: Challoumis, C. (2023). Index of the Cycle of Money - The Case of Canada. Journal of Entrepreneurship, Business and Economics, 11(1), 102–133

Consumers Consumption Values and Consumer Satisfaction toward Continuous Intention to View Digital Video Content

Digital video content has growing into a global business phenomenon during last few years, the prosperity and success of digital video contents heavily relies on the continuance usage of consumers. This study aims to examine the relationship between consumer consumption values and consumer satisfaction towards continuous intention to watch digital content. We collected quantitative data via an online survey disseminated to a total of 215 respondents among young digital video consumers in Malaysia, and the data was analyzed using SPSS/PLS-SEM. The findings revealed that the functional value, entertainment value, perceived usefulness, and confirmation were significant determinants of consumer satisfaction. Meanwhile, social value and informative value were found to be insignificant to consumer satisfaction and social media usage was found to not strengthen the relationship between consumer satisfaction and continuous intention. The findings could help video content providers to understand consumers’ preferences as well as marketers and organizations to use and adapt these factors in their marketing strategies to improve video content creation so it can be more effective and attractive to consumers’ needs and preferences. This is one of the few studies that implied social media usage as a moderator towards continuous intention to view video content with the integration of two theories that were Theory of Consumption Value and the Expectation of Confirmation Model. Research paper Keywords: Satisfaction; Continuous Intention; Social Media Usage; Theory of Consumption Values; Expectation Confirmation Model Reference to this paper should be made as follows: Ariffin, S. K., Hilmawan, H., & Zhang, Q. (2023). Consumers Consumption Values and Consumer Satisfaction toward Continuous Intention to View Digital Video Content. Journal of Entrepreneurship, Business and Economics, 11(2), 81–129

Investigating the success factors for reward-based crowdfunding campaigns

The main objective of this paper is to explore the success factors of reward-based crowdfunding campaigns, over a long time-period, and using a large dataset of campaigns. Specifically, we use a dataset of 179,066 Kickstarter campaigns, covering the period 2009-2021. We run probit and logit regressions to identify the success factors. Our main findings are the following; the number of backers and the average amount per backer are positively related to the project’s success, while the target goal is negatively related to success. We also find that the total number of words used to describe a campaign is not an important success factor, contrary to the academic literature. Last, we find that US projects are more likely to lead to success than non-US projects. Research paper Keywords: Reward-Based Crowdfunding, Success Factors, Probit-Logit Reference to this paper should be made as follows: Daskalakis, N., Karpouzis, E., Benis, D. & Angelakis, A. (2023). Investigating the success factors for reward-based crowdfunding campaigns. Journal of Entrepreneurship, Business and Economics, 11(1), 134–152.       &nbsp

Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding

In order to address the harming issues of biodiversity and social isolation, organizations are under pressure to study innovative and sustainable business performance practices. The resource-based view (RBV) and the stakeholder model established a set of values that businesses might use to create a sustainable future. The primary objective of this research was to explore how RBV and the stakeholder theory model support sustainable business performance through organizational agility, employer branding, and green technology innovation. A conceptual framework was built by reviewing the prior literature in order to accomplish the study's goal. This conceptual approach consists of three phases: agility-brand talent attraction measure (ABTAM), innovation, and sustainability. For the purpose to achieve sustainable business performance, organizational agility, employer branding and green technology innovation were supported by previous literature. Although this idea outlines basic concepts. However, it is important to take into account any relevant data in order to bring these steps into integration with the different situations. In order to achieve many aspects of organizational sustainability, this article offers a systematic review of the Resource Based View (RBV) and stakeholder model. Within the context of the RBV and stakeholder model, a conceptual framework was established to create a sustainable business performance. This was accomplished by incorporating organizational agility and employer branding into the context of the model. In this work, both theoretical and practical ramifications are taken into consideration and explained Research paper Keywords: Organizational agility; Employer branding; Innovation; Sustainability; RBV; Stakeholder Reference to this paper should be made as follows: Hussain, A., Abdul Wahab, S., & Shaharudin, A. (2023). Bridge from Theory to Practice: A Conceptual Framework Fostering Sustainable Business Performance through Green Technology Innovation, Organizational Agility and Employer Branding. Journal of Entrepreneurship, Business and Economics, 11(2), 29–52