Vol 18, No 4 (2024)
ENTREPRENEURSHIP – CONTEXTS AND HORIZONS
Introduction to the special section “Entrepreneurship: contexts and horizons”



Entrepreneurship in Central Europe after COVID-19: resilience amid a crisis
Abstract
This article aims to provide insights into the development of entrepreneurial activity in selected Central European countries, formerly transition economies, after the global COVID-19 pandemic. The objective of the study is to understand whether and how the pandemic reshaped the structure of entrepreneurship in the Czech Republic, Hungary, Poland, and Slovakia. Data from Eurostat, covering both individual-level activity and structural business statistics, were used to determine the answer three years after the start of the COVID-19 crisis. The results from statistical testing and multivariate regression models provide straightforward answers. In the vast majority of the studied indicators, entrepreneurial activity has even increased compared to the pre-pandemic values, with a few exceptions such as employer entrepreneurship, where the results were not statistically conclusive. From the perspective of structural business statistics, we observe the highest increase in information and communication sectors of the studied economies, which might be associated with the need to shift economic and social activities online. The article demonstrates, using the example of the COVID-19 crisis, that even external shocks can boost the exploitation of new business opportunities and entrepreneurial development. In particular, it is argued that the pandemic has sped up the entrepreneurs’ adoption of digital processes and agendas.



The Digital Entrepreneurship Ecosystem in the Central Eastern European Countries
Abstract
While the economic transition from a planned economy to a market economy seems to be over for most countries after 25 years, a socialist heritage could have long lasting effects. In this paper we aim to answer to the following two research questions: (1) How deeply have Central and Eastern European (CEE) countries proceeded in digital entrepreneurship? (2) Are there some specific digital entrepreneurship characteristics of the CEE countries that can be explained by their socialist heritage? We applied the Digital Entrepreneurship Ecosystem (DEE) Index methodology that relies upon a dataset for 170 countries to evaluate the former socialist CEE countries’ performance in the development of a digital entrepreneurship ecosystem. The non-EU Western countries are the best performers in Europe, but Western EU member states are close behind. The Southern European country group’s performance is close to the EU CEE country cluster, implying that these countries have caught up with most Southern European countries in their DEE development. The former SU country group and the non-EU Balkan country groups are very similar to each other. We also examined the four sub-indices and the twelve pillars and concluded that DEE scores vary significantly among European countries, but these differences can be explained by economic development and not the long-lasting effects of the socialist system. We also provided a detailed DEE profile for Russia, which explains Russia’s modest performance in the development of a digital entrepreneurship ecosystem.



Contextualizing the notion of an entrepreneurial university: a reflective framework
Abstract
Developing academic entrepreneurship within a university entails a complex process of change. As internal and external contextual variables make the entrepreneurial journey of each university unique, finding a common “recipe” seems impossible. Therefore, having a reflective framework that allows each university to consider its entrepreneurial strategy and how it translates into more specific organizational measures may offer a path forward. In this paper, we discuss the content, process, and context of entrepreneurship at universities along the dimensions of anticipation, reflexivity, inclusion, and responsiveness. To inform our discussion, we rely upon the findings from the literature and examples from practice. In doing so we contribute to the debate on academic entrepreneurship across different contexts and provide both practical reflection points and future avenues for advancing research.



Entrepreneurship in Russia: a systematic overview of domestic publications
Abstract
Over the past three decades, entrepreneurship and related processes and institutions have been widely discussed in Russian academic literature. In order to understand the achievements, thematic gaps, and methodological problems that must be solved in subsequent studies, this article provides a systematic analysis of research papers on the topic of Russian entrepreneurship considering publications from leading Russian academic journals published in the period of 1991–2023. The analysis enabled the identification of the most elaborated topics, revealing the advances in the theoretical understanding of Russian entrepreneurship, as well as contradictions in research programs and empirical methods within publications on this topic in Russian and international journals. As a result of the analysis, promising scientific research areas for further investigation of entrepreneurship are proposed: (1) the reconceptualization of standard definitions/concepts of the theory of entrepreneurship, considering the Russian context; (2) building new theories and concepts of the middle level based on the investigation of unique phenomena and institutions in the Russian business environment.



INNOVATION
The evaluation of GenAI capabilities to implement professional tasks
Abstract
Generative AI (GenAI) or large language models (LLMs) have been running the world since 2022, but despite all the trends surrounding the use of generative models, these cannot yet be used professionally. While they are most valued for ‘knowing everything’, nonetheless GenAI models cannot explain and prove. In this way we conceptualize the most recent problem of LLMs as the general trend of mistakes even in the core of knowledge and non-causality of mistake via the complexity of question, as the mistake can be named as an accident and be everywhere as the most limitation of professionalism. At their current stage of development, LLMs are not widely used in a professional context, nor have they replaced human workers. They do not event extend workers’ professional abilities.. These limitations of GenAI have one general: non-repayment. This article seeks to analyze GenAI’s professional viability by examining two models (GigaChatPro, GPT-4) in three fields of knowledge (economics, law, education) based on our unique Bloom’s taxonomy benchmark. To prove our assumption concerning the low possibility of its professional usage, we test three hypotheses: 1) the number of parameters of models have low elasticity regarding difficulty and taxonomy with even the right answer; 2) difficulty and taxonomy jointly have no effect on the correctness of an answer, 3) multiple choice is a factor that decreases the number of right answers of a model. We also present the results of GPT-4 and GigaChat MAX on our benchmark. Finally, we suggest what can be done about the limitations of GenAI’s architecture to reach at least a quasi-professional use.



Applying the Industry 4.0 maturity models to the aerospace sector
Abstract
The aerospace industry is a sector with primary demand for mastering cutting-edge technologies and innovations. It has the potential to pull other sectors to previously unattainable levels. Its current transformations and emerging new vectors are of key importance for a wide range of areas in the economy and society. Currently, companies in this sector are faced with the challenges of mastering Industry 4.0 technologies. The article examines the main trends and technological achievements in the global aerospace industry. Based on the presented picture, the authors propose an adapted model for assessing the technological maturity of the aerospace sector, tested on the example of Brazil. Pilot testing of the companies included in it, using this model, showed that for most of the aspects considered, the level of technological readiness does not exceed the second (with a scale of five levels), and this is despite the fact that the products of the Brazilian aerospace sector are in high demand in many countries, including developed ones. The presented model can be adapted to assess the technological maturity of other sectors of the economy.


