Entrepreneurial Dynamism, Business Growth, and Economic Impact: The Mediating Role of Growth in Emerging Urban Contexts

Marianela Elizabeth Rodríguez Lavado; José Barboza Salcedo; Kerwin José Chávez Vera

doi:10.5281/zenodo.20601488

Autores

Marianela Elizabeth Rodríguez Lavado Universidad San Ignacio de Loyola, Perú
José Barboza Salcedo Universidad San Ignacio de Loyola, Perú
Kerwin José Chávez Vera Universidad San Ignacio de Loyola, Perú https://orcid.org/0000-0003-2842-2099

DOI:

https://doi.org/10.5281/zenodo.20601488

Palavras-chave:

Entrepreneurial dynamism, Resources, Economic growth, Business environment

Resumo

Entrepreneurship in emerging urban contexts faces structural constraints that limit its capacity to generate sustainable economic outcomes. Within this framework, this study examines the relationship among access to resources, entrepreneurial activity, business growth, and economic impact in an urban district of Lima. A quantitative approach was adopted through a PLS-SEM model applied to a sample of 644 ventures located in the district of Los Olivos. The results show that access to resources relates positively to entrepreneurial activity (β = 0.772) and business growth, whereas the latter associates with economic impact (β = 0.501). Likewise, the analysis identified a partial mediating effect of entrepreneurial activity on economic impact through business growth (β = 0.258), with the model reaching substantial explanatory power for economic impact (R² = 0.743). These findings suggest that entrepreneurial dynamism does not operate in isolation; rather, it depends on conditions that foster its consolidation. Accordingly, this study provides empirical evidence on the role of growth as a mechanism for generating economic impact in urban contexts shaped by structural constraints.

Downloads

Não há dados estatísticos.

Referências

Abinzano, I., González-Álvarez, K., & Zabaleta, I. (2023). Economic dimension and social dimension of the social enterprise. How does the concretion of foundational fines influence? REVESCO. Revista de Estudios Cooperativos, 144, e87971. https://doi.org/10.5209/reve.87971

Acs, Z. J., Estrin, S., Mickiewicz, T., & Szerb, L. (2018). Entrepreneurship, institutional economics, and economic growth: An ecosystem perspective. Small Business Economics, 51(2), 501–514. https://doi.org/10.1007/s11187-018-0013-9

Amoah, J., Belas, J., Dziwornu, R., & Khan, K. A. (2022). Enhancing SME contribution to economic development: A perspective from an emerging economy. Journal of International Studies, 15(2), 63–76. https://doi.org/10.14254/2071-8330.2022/15-2/5

Amoah, J., Sarfo, C., Owusu, J., & Owusu-Ansah, W. (2026). What drives start-up growth in innovation hubs? Microfoundational pathways and sociomaterial–institutional mechanisms. Strategy & Leadership, 1–22. https://doi.org/10.1108/SL-12-2025-0418

Amorós, J. E., Cristi, O., & Naudé, W. (2021). Entrepreneurship and subjective well-being: Does the motivation to start-up a firm matter? Journal of Business Research, 127, 389–398. https://doi.org/10.1016/j.jbusres.2020.11.044

Arauco, E. W. Q., Romero-Carazas, R., Romero, I. A., Rodríguez, M. J. R., & Bernedo-Moreira, D. H. (2022). Factors and Economic Growth of Peruvian Mypes. International Journal of Professional Business Review, 7(3), e0689. https://doi.org/10.26668/businessreview/2022.v7i3.e0689

Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17(1), 99–120.

Cepeda-Carrión, G., Henseler, J., Ringle, C. M., & Roldán, J. L. (2016). Prediction-oriented modeling in business research by means of PLS path modeling: Introduction to a JBR special section. Journal of Business Research, 69(10), 4545–4551. https://doi.org/10.1016/j.jbusres.2016.03.048

Chávez Vera, K. J., Velita, J., & Rosas, C. (2023). Peruvian entrepreneurship: Factors and interventions that facilitate its development. Revista de Ciencias Sociales. https://doi.org/10.31876/rcs.v29i2.39990

Chin, W. W. (2010). Bootstrap Cross-Validation Indices for PLS Path Model Assessment. In V. Esposito Vinzi, W. W. Chin, J. Henseler, & H. Wang (Eds.), Handbook of Partial Least Squares (pp. 83–97). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-540-32827-8_4

Destefanis, S., Maietta, O. W., Mazzotta, F., & Parisi, L. (2024). Firm survival and innovation: Direct and indirect effects of knowledge for SMEs. Economics of Innovation and New Technology, 33(7), 926–954. https://doi.org/10.1080/10438599.2023.2263371

González-López, M. J., Pérez-López, M. C., & Rodríguez-Ariza, L. (2021). From potential to early nascent entrepreneurship: The role of entrepreneurial competencies. International Entrepreneurship and Management Journal, 17(3), 1387–1417. https://doi.org/10.1007/s11365-020-00658-x

Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2022). A primer on partial least squares structural equation modeling (PLS-SEM) (Third edition). SAGE.

Hamdan, A., Ghura, H., Alareeni, B., & Hamdan, R. K. (2022). Entrepreneurship Growth in Emerging Economies: New Insights and Approaches. Journal of Sustainable Finance & Investment, 12(1), 1–12. https://doi.org/10.1080/20430795.2021.1944750

Hamrick, A., Murnieks, C. Y., & A. Waddingham, J. (2025). Exploring my entrepreneurial self at work: How entrepreneurial identity aspiration influences employee intrapreneurial behaviors and work performance. Journal of Business Research, 188, 115078. https://doi.org/10.1016/j.jbusres.2024.115078

Henseler, J. (2021). Composite-based structural equation modeling: Analyzing latent and emergent variables. The Guilford Press.

Isenberg, D. (2010). How to start an entrepreneurial revolution. Harvard Business Review, 8(6), 40–50.

Kelling, N. K., Sauer, P. C., Gold, S., & Seuring, S. (2021). The Role of Institutional Uncertainty for Social Sustainability of Companies and Supply Chains. Journal of Business Ethics, 173(4), 813–833. https://doi.org/10.1007/s10551-020-04423-6

Kraa, J. J., Agyapong, A., Owusu Kwateng, K., & Owusu, J. (2025). Linking entrepreneurial competence and social value creation: Mediated moderation effect of process innovation and adaptive capacity. Strategy & Leadership, 53(6), 687–725. https://doi.org/10.1108/SL-01-2025-0001

Mwantimwa, K., Ndege, N., Atela, J., & Hall, A. (2021). Scaling Innovation Hubs: Impact on Knowledge, Innovation and Entrepreneurial Ecosystems in Tanzania. Journal of Innovation Management, 9(2), 39–63. https://doi.org/10.24840/2183-0606_009.002_0005

Sarstedt, M., Hair, J. F., Cheah, J.-H., Becker, J.-M., & Ringle, C. M. (2019). How to Specify, Estimate, and Validate Higher-Order Constructs in PLS-SEM. Australasian Marketing Journal, 27(3), 197–211. https://doi.org/10.1016/j.ausmj.2019.05.003

Sekwati, L. (2015). Entrepreneurial activity-economic growth nexus: Towards a better understanding. International Journal of Applied Business and Economic Research, 13(5), 3231–3253. Scopus. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85000692356&partnerID=40&md5=137bdd16856426636578530ab94a6bbd

Wang, J. (2020). Will Entrepreneurship Promote Productivity Growth in China? China & World Economy, 28(3), 73–89. https://doi.org/10.1111/cwe.12333

Wuebker, R., Zenger, T., & Felin, T. (2023). The theory‐based view: Entrepreneurial microfoundations, resources, and choices. Strategic Management Journal, 44(12), 2922–2949. https://doi.org/10.1002/smj.3535

Yeboah-Assiamah, E., Hossain, F., Mamman, A., & Rees, C. J. (2023). On the question of entrepreneurial breakthrough or failure in Africa: A framework for analysis. African Journal of Economic and Management Studies, 14(2), 289–312. https://doi.org/10.1108/AJEMS-05-2022-0184

Zhi, J., Ji, M., & Ma, L. (2026). Higher education, entrepreneurial vitality, and high-quality economic development. International Review of Economics & Finance, 106, 104850. https://doi.org/10.1016/j.iref.2025.104850