SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei <p><strong>SMS Journal of Entrepreneurship &amp; Innovation</strong></p> <p><span style="text-decoration: underline;"><strong>Aim and Scope</strong></span></p> <p><strong>SMS Journal of Entrepreneurship &amp; Innovation</strong> (Print ISSN: 2349-7920)&nbsp; established in the Year 2014 is an indexed Bi-Annual Journal <em>(Two Issues Per Year)</em> <strong>with Google Scholar , PKP INDEXED, Crossref and J-Gate&nbsp; ,</strong> peer , blind reviewed and refereed publication of <strong>School of Management Sciences, Varanasi, India</strong> in the Management Discipline Including The Entrepreneurship, Innovation ,Skill Development and General Management. &nbsp;It aims to integrate the practices of the professional world with the knowledge creation in the relevant academic arena in order to enrich the analysis of the researches being pursued in the field of Entrepreneurship, Innovation and Skill development in a more pragmatic way .</p> <p><strong>SMS Journal of Entrepreneurship &amp; Innovation&nbsp;&nbsp;</strong>welcomes research-based&nbsp; original Conceptual , Empirical Research papers, original articles, cases and relevant/contemporary book reviews , Applied Research in the areas of Entrepreneurship, Innovation , Skill Development and General Management with the interdisciplinary approach . from both academicians and corporate professionals on various facets of management and its integration with other fields of research.&nbsp;</p> <p><em><strong>Google Scholar Citations&nbsp; &nbsp; &nbsp;:&nbsp;&nbsp;<a href="https://scholar.google.com/citations?user=L7OvlNQAAAAJ&amp;hl=en&amp;authuser=3">https://scholar.google.com/citations?user=L7OvlNQAAAAJ&amp;hl=en&amp;authuser=3</a></strong></em></p> en-US smsjei@smsvaranasi.com (Editor- in- Chief) rksingh@smsvaranasi.com (Managing Editor- Prof. Raj Kumar Singh) Sat, 07 Sep 2024 00:00:00 +0530 OJS 3.1.2.4 http://blogs.law.harvard.edu/tech/rss 60 Entrepreneurship and its Implications for Standards of Living in Cameroon https://journals.smsvaranasi.com/index.php/smsjei/article/view/2023 <p>The study intended in determining the effect of entrepreneurship on standards of living in Cameroon. The<br>study made use of secondary data over a period of 42 years and the data was obtained from the World Bank<br>database. The researcher applied the causal research design and used both descriptive and inferential<br>statistics to analyse the data collected. Results from the ARDLregression revealed that there exist a positive<br>significant effect of entrepreneurship at the primary sector on standards of living in Cameroon in the short<br>run and an insignificant effect of entrepreneurship on standards of living in the long run. Entrepreneurship at<br>the secondary sector was found to exert a negative insignificant effect on standards of living Cameroon in<br>the short and a positive insignificant effect in the long run in Cameroon. The coefficient for entrepreneurship<br>in the tertiary sector was positive and significant in both the short and long term, with a significance level of<br>5% in the short term and insignificance in the long term. Secondary education was determined to have a<br>negligible beneficial impact on long-term standards of living in Cameroon, and a negligible detrimental<br>impact in the near term. Further findings indicate that higher education has a negligible detrimental impact<br>on long-term standards of living in Cameroon, whereas it has a negligible beneficial impact. The inflation<br>rate, as assessed by the consumer price index, had a positive coefficient in the long term and was statistically<br>significant at a 5% level of significance. Additionally, in the short term, it had a significant impact on the<br>standards of living in Cameroon at a 1% level of significance.</p> Paul Akumbom, , Randolph Kafain Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2023 Tue, 10 Sep 2024 00:00:00 +0530 Work-Life Balance of Women Employees in Banking and Insurance Industries https://journals.smsvaranasi.com/index.php/smsjei/article/view/2024 <p>This paper examines factors affecting the work-life balance (WLB) of women employees in Nepal. It also<br>explores the factors promoting WLB. This study adopts a qualitative research approach to assess the factors<br>affecting the WLB of women employees and explore the factors that promote their WLB. 76 women<br>employees (including clerical, officer, and executive level staff) are the key participants of this study. Data<br>from these employees was gathered using a purposive sampling strategy. The results reveal that the key<br>factors affecting WLB include work overload, long and unpredictable hours, family responsibilities, dual<br>roles, performance pressure, client-centric focus, job demand, constant connectivity, economic pressures,<br>and insufficient maternity and parental leave. On the other hand, the key factors promoting WLB include<br>reasonable workload, self-awareness, supportive management, flexibility, employee assistance programs<br>(EAPs), availability of support services, leave policies, continuous learning, time management skills and<br>social support systems. WLB's significance is particularly substantial for women in patriarchal societies like<br>our own because of cultural norms that place significant obligations on working women to fulfill domestic<br>duties even when they engage in income-generating jobs outside the home. The study of WLB among<br>female employees in the banking and insurance sectors is an important field of research with broad<br>implications for gender equality, employee well-being, and organizational performance. This study<br>provides insightful information that will benefit employees as well as organizations. By recognizing and<br>resolving WLB issues, organizations can improve work environments, advance gender equality, and boost<br>overall performance. Therefore, today's business organizations need to focus on some of the initiatives that<br>promote the WLB of their employees.</p> Prakash Shrestha, Associate Professor , Dilip Parajuli, Professor, Makshindra Thapa, Lecturer, Mamata Prajapati, Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2024 Wed, 11 Sep 2024 00:00:00 +0530 Impact of the Covid-19 Pandemic on Women Entrepreneurs in the Informal Business Sector in Tikapur City, Nepal https://journals.smsvaranasi.com/index.php/smsjei/article/view/2025 <p>The main aim of this research work is to investigate the impact of the COVID-19 pandemic on female<br>entrepreneurs in informal entrepreneurial activities in Tikapur City, Nepal. This study used a quantitative<br>approach and descriptive research design. The structured questionnaire was used to collect data from 30<br>respondents among female entrepreneurs operating small, unofficial businesses such as street food sellers,<br>petty retailers, and street vegetable and fruit vendors. The results show that the growth in the cost of health<br>care was a major factor that affected the economic condition of female entrepreneurs in informal businesses.<br>Similarly, a decrease in business sales was also found to be a problematic factor, followed by an increase in<br>educational costs, a decrease in income level, a decline in the source of income, an increase in the cost of<br>goods and services, and a reduction in working hours. Moreover, the policy of government maintaining<br>physical distance affected the sales of informal businesses. Therefore, it can be concluded that the COVID19 pandemic has negatively affected the socioeconomic situation of women entrepreneurs. The study was<br>limited to examining the effects of COVID-19 on female business owners in the unorganized business sector<br>in Tikapur City, Nepal. This study could be a landmark for researchers, policymakers, and female<br>entrepreneurs involved in informal businesses. The unique contribution of the study is to explore effect of<br>Pandemic on women entrepreneurs in the informal business sector of Tikapur City Nepal.</p> Ghanshyam Bhatta, Ph.D. Scholar, Sanjay Baijal, Professor Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2025 Wed, 11 Sep 2024 00:00:00 +0530 Digital Banking and Customer satisfaction: Empirical evidence from Bamenda-Cameroon https://journals.smsvaranasi.com/index.php/smsjei/article/view/2026 <p>This research project in Bamenda, Cameroon aims to find out how happy customers are with their digital<br>banking experience. Customers are increasingly turning to digital banking services, therefore it's crucial to<br>know how this shift impacts their overall happiness. The research is quantitative in nature, and it gathers its<br>data from 254 people in Bamenda, Cameroon, who are clients of several banks. Data was analysed using<br>descriptive statistics and regression analysis. The questionnaire covers topics including digital banking and<br>consumer satisfaction. Results from OLS revealed that use of ATM cards had a significant positive effect on<br>consumer satisfaction, digital banking also has a positive on the consumer satisfaction and internet banking<br>has a significant negative effect on consumer satisfaction. The research sheds light on the elements that<br>impact customer happiness within the framework of digital banking services and offers empirical data about<br>the link between digital banking and customer satisfaction in Bamenda, Cameroon.</p> Gah Genevivianm Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2026 Wed, 11 Sep 2024 15:34:19 +0530 Digitalization, Social Network and Women Entrepreneurship: A Sociological Analysis https://journals.smsvaranasi.com/index.php/smsjei/article/view/2027 <p>The importance of entrepreneurship for women extends beyond mere economic empowerment,<br>encompassing enhanced decision-making abilities and leadership skills. Entrepreneurial endeavors,<br>particularly in self-employment, significantly impact women's empowerment. In Odisha, women are<br>increasingly involved in network marketing, which serves not only as a platform for entrepreneurship but<br>also for empowerment. This form of marketing diverges from traditional methods by focusing on network<br>facilitation, employment opportunities, product benefits, and digitalization. To investigate this<br>phenomenon, this study aims to assess the impact of digitalization on women entrepreneurs and compare<br>traditional entrepreneurship with network marketing. Primary data was gathered from 200 women engaged<br>in network marketing companies (such as Amway, Herbalife, Vestige, Modicare) in Balasore district,<br>Odisha, utilizing the snowball sampling technique. Additionally, secondary data from sources such as the<br>IDSAannual report, various journals, and websites were used. The study findings indicate that women show<br>a greater inclination towards network marketing compared to traditional marketing. This preference is<br>attributed to the ease of managing business alongside household responsibilities, and digitalization playing<br>a crucial role in expanding networks and ensuring business sustainability. Thus, prioritizing digital<br>education is imperative to augment women's capabilities in this domain.</p> Archana Behera, Ph.D Research Scholar Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2027 Wed, 11 Sep 2024 16:58:59 +0530 Transition to a Greener Era with Industry 5.0 and Sustainability https://journals.smsvaranasi.com/index.php/smsjei/article/view/2028 <p>Industry 5.0, also known as the Fifth Industrial Revolution, is a brand-new stage of industrialization that is<br>now in developing phase. In this stage, enhanced workplace operations are performed with the use of<br>artificial intelligence and new industrial technology. This is paired with a greater emphasis on sustainability<br>and pliancy; it also includes the strategy that places greater attention on people. In initial phase of the<br>Industrial Revolution 5.0, manpower was gradually replaced by automated processes that were powered by<br>steam and hydropower. In the second stage, mass manufacturing was made possible by the introduction of<br>electricity. In the third stage, programmable computers and a strong digital ecosystem arose. The potential<br>of big data, cloud computing, robotics, the Internet of Things (IoT), and artificial intelligence was harnessed<br>in smart factories as a component of the previous industrial revolution (Industry 4.0). Important questions<br>those were left unanswered during these consecutive advancements are addressed by Industry 5.0, Are we<br>undervaluing human resources at this point in the automation process? We did not decide to completely<br>automate the industry since we found that individuals still play an important part in the revolution. Is it<br>possible to reconcile productivity and the environment with technology? Resilience, sustainability, and<br>human-centeredness serve as the cornerstones around which Industry 5.0 is constructed. It is able to<br>accomplish its objectives thanks to these pillars. The plan of action for industry 5.0 driven environmental<br>responsibility that this research has accomplished ought to deliver an expanded comprehension of how the<br>newest version of industry 5.0 can help to environmentally friendly growth. It describes how each<br>components development should be carried out in an instrument that maximizes their combined influence<br>and involvement with future sustainability values. The data that has been collected through questionnaires<br>and a range of secondary sources indicates that industry 5.0 with human-machine collaboration has a bright<br>future and findings shows that productivity rises and can lead to a greener future through the use of<br>technologies.</p> Shubhi Yadav, Research Scholar, Prince Jaiswal, Assistant Professor Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2028 Wed, 11 Sep 2024 00:00:00 +0530 Study on Women Entrepreneurship Development through Self-Help Groups https://journals.smsvaranasi.com/index.php/smsjei/article/view/2030 <p>Entrepreneurship plays a pivotal role in nation-building, especially in developing countries like India.<br>Women entrepreneurs, in particular, contribute significantly to economic growth and social progress. These<br>women drive change and promote inclusive development since they are resilient, creative, and innovative.<br>However, females frequently run into a number of challenges in their entrepreneurial endeavours, such as<br>discrimination against women, societal hurdles, and restricted access to resources.<br>Self-Help Groups (SHGs) are a game-changer when it comes to advancing gender parity and empowering<br>female business owners. Through the facilitation of group activity and reciprocal assistance, Self-Help<br>Groups (SHGs) empower women to get financial services, cultivate entrepreneurial abilities, and surmount<br>social obstacles. Women from underprivileged and marginalized backgrounds receive the resources and<br>confidence needed to start and grow their enterprises through SHGs, which eventually raises their social<br>standing and financial security.<br>Overall, the study highlights the critical role of SHGs in fostering women's entrepreneurship and promoting<br>gender equality. By facilitating access to resources, offering mentorship and support, and advocating for<br>social change, SHGs empower women to realize their entrepreneurial aspirations and contribute to the<br>economy. The study's primary focus is on exploring the role of SHGs in promoting women's<br>entrepreneurship. It aims to provide a comprehensive assessment and analysis of existing knowledge on the<br>subject, highlighting the challenges faced by women entrepreneurs and how SHGs facilitate their<br>empowerment. By shedding light on the transformative impact of SHGs, the study seeks to emphasize the<br>importance of collective action and community support in advancing women's economic empowerment. By<br>analysing case studies and success stories, the study seeks to highlight effective strategies and interventions<br>that can be replicated and scaled up to empower more women across different regions and sectors.<br>Furthermore, the study explores the potential synergies between SHGs, government initiatives, and private<br>sector partnerships in fostering a conducive environment for women's entrepreneurship. Through a holistic<br>approach that encompasses policy advocacy, capacity building, and community engagement, the study aims<br>to contribute to the ongoing discourse on gender-responsive entrepreneurship development and inclusive<br>economic growth.</p> Pradhyuman Singh Lakhawat, Assistant Professor, Dharini Jyotishi, Assistant Professor, Prateek Gupta, Assistant Professor Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2030 Wed, 11 Sep 2024 17:15:36 +0530 Startup Ecosystem in India: The growth and rise of Startups in the recent scenario https://journals.smsvaranasi.com/index.php/smsjei/article/view/2031 <p>The startups in India are blooming recently and now India has become the 3rd largest startup ecosystem just<br>after the United States and China. The culture of startups has been evolving in India, especially in the last<br>few years and for that a viable startup ecosystem is of crucial importance. The startup ecosystem can play a<br>concrete role for a startup to grow and evolve from its infant prototype stage to the final stage of scaling up<br>and generating revenue. The Indian startup ecosystem have got some key players, each playing their role in<br>different stages of a startup which are crucial for the growth of startups in future and also to further<br>strengthen the ecosystem. The Indian startups have the ability to cater and contribute much more to the large<br>diverse group of people and on the counter part, the startups can create more number of jobs and can also<br>generate new career opportunities for the young generation in different fields. Indian startups are also<br>crucial to raise the standard of living and can definitely add value to the economy. Based on the importance<br>of startups in India, the researcher attempted to study the trend in rise and growth of startups in the current<br>scenario considering the key factors involved in the startup ecosystem and to further identify the reasons<br>behind the growth of recent startups in the country. The Indian startup ecosystem is very crucial for the<br>evolvement of whole Indian economy at this current juncture and there lies the significance of the study to<br>deeply understand the startup ecosystem of India for its future generation entrepreneurs. Based on the<br>analysis of the study, it was found out that the startups in India are rising considerably and constant support<br>has been provided by the government in form of different schemes and initiatives such that it can contribute<br>much more to the economy in future.</p> Priyajit Ray, Assistant Professor Copyright (c) 2024 SMS Journal of Entrepreneurship & Innovation https://journals.smsvaranasi.com/index.php/smsjei/article/view/2031 Wed, 11 Sep 2024 17:19:26 +0530