CoChat
Sign Up
Cited by 56Entrepreneurship Studies and InfluencesInnovation and Knowledge ManagementBusiness Strategies and Innovation

Entrepreneurial barriers in achieving sustainable business and cultivation of innovation: a resource-based view theory perspective

Agrawal, Rohit, Samadhiya, Ashutosh, Banaitis, Audrius, Kumar, Anil·2024·Management Decision
DOI 10.1108/md-11-2023-2032
Open this paper in CoChat — free account

Abstract

Purpose: The study aims to highlight the barriers faced by the entrepreneurs toward achieving sustainability in business and innovation cultivation by offering solutions for academicians, practitioners and policymakers. The study uses the resource-based view (RBV) theory to discuss how an organization’s resources and capabilities influence the competitive ambience and barriers faced by entrepreneurs. Design/methodology/approach: The present research uses grey-causal modelling (GSC) to analyse the barriers against successful entrepreneurship. Findings: The research focuses on the usefulness of dynamic capabilities, managing and cooperating resources in the entrepreneurship setting. The paper highlights the importance of resource gathering and nurturing as a method to combat scarcity. This research further identifies that financial limitations, regulatory obstacles, challenges to sourcing qualified labour, poor infrastructure and technology, limited mentorship opportunities, lack of scalability, low initial cost barriers in product development and risk-averse attitudes are the major factors hindering entrepreneurs from obtaining sustainable business and innovation. Originality/value: The contribution of this research to the literature is that it assesses RBV theory within the realm of entrepreneurship, providing a different perspective on resources and capabilities as well as the challenges faced by entrepreneurs. The systematic approach to the analysis and prioritization of various barriers is innovative, and it adds knowledge in this area.

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.1108/md-11-2023-2032

Cites

89 of 89 references verified0 citation errors · 0 not checkable

Statistics

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Claims other papers make about this one

Each is checked against this paper’s own text: does it say what the citing paper says it does?

  • RBV's static nature limits its explanatory power in fast-evolving technological environments such as AI.

    “However, RBV's static nature limits its explanatory power in fast-evolving technological environments such as AI (Agrawal et al., 2024; Eisenhardt & Martin, 2017).”

    From Artificial Intelligence Adoption for Sustainable Development in SMEs: Challenges, Strategic Pathways, and Lessons for Developing Economies (2026) · cites this paper as Agrawal et al., 2024

    Section 2.1 (p. 4) says RBV emphasizes adapting and scaling resources in response to changing environmental conditions, contrary to the claim that the paper characterizes RBV as static. The theoretical implications (p. 19) present the findings as reinforcing RBV’s usefulness for understanding adaptation and innovation; the paper does not identify AI as a setting where RBV loses explanatory power. (LLM, conf=0.81)

    Checked by a reasoning model — may be wrong.

    Experimental — accuracy not yet measured

  • This AI capability aligns with the DC framework, emphasizing SMEs' need to sense, seize, and reconfigure resources in rapidly evolving markets.

    “This capability aligns with the DC framework, emphasizing SMEs' need to sense, seize, and reconfigure resources in rapidly evolving markets (Agrawal et al., 2024; Eisenhardt & Martin, 2017; Perifanis & Kitsios, 2023).”

    From Artificial Intelligence Adoption for Sustainable Development in SMEs: Challenges, Strategic Pathways, and Lessons for Developing Economies (2026) · cites this paper as Agrawal et al., 2024

    The Theoretical underpinning (p. 4) says businesses need to adapt and scale their resources as conditions change, which supports the general point about responding to evolving markets. It frames this as resource-based view theory, however, and does not establish the specific dynamic-capabilities framework of sensing, seizing, and reconfiguring, or connect that framework to AI capability in SMEs. (LLM, conf=0.84)

    Experimental — accuracy not yet measured

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Cites

Flagged first, then by citations

Research works printed but not linked: 2

  1. Julong, D. (1989). Introduction to grey system theory. The Journal of Grey System , 1 (1), 1-24. http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.678.3477&rep=rep1&type=pdf
  2. Tunio, M. N., Jariko, M. A., Børsen, T., Shaikh, S., Mushtaque, T., & Brahmi, M. (2021). How Entrepreneurship Sustains Barriers in the Entrepreneurial Process-A Lesson from a Developing Nation. Sustainability , 13 (20), 11419. https://doi.org/10.3390/su132011419 · DOI

Cited by

Sorted by citations

Related

Authors
Agrawal, R., Samadhiya, A., Banaitis, A., & Kumar, A.
Affiliations
  • Indian Institute of Management Bodh Gaya (IN)
  • O. P. Jindal Global University (IN)
  • Vilnius Gediminas Technical University (LT)
Corresponding author
Banaitis, Audrius
ORCID
Venue
Management Decision
Publisher
Emerald
Published
2024-02-27
ISSN
0025-1747 (ISSN-L)
DOI
10.1108/md-11-2023-2032
OpenAlex
W4392157289
Cited by
56
References
89
Citations by year
2026: 18 · 2025: 27 · 2024: 11
FWCI
24.57
Type
journal article
Language
en
Open access
closed
Licence
www.emerald.com/insight/site-policies (tdm)
Locations
  • Management Decision (publishedVersion)
  • London Met Repository (London Metropolitan University) (acceptedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Innovation and Knowledge Management
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Business Strategies and Innovation
Keywords
barriers to entrepreneurship, sustainable business, innovation, resource-based view, dynamic capabilities, resource constraints, financial constraints, regulatory obstacles, mentoring, scalability, risk aversion, competitive advantage

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review