Flavors of Success: A Convergent Mixed-Methods Study Exploring the Determinants of Entrepreneurial Efficacy in Caraga’s Homegrown Restaurants

Abstract

Entrepreneurial success among homegrown businesses is often hindered by limited access to strategic frameworks and innovation tools. This convergent mixed methods study explored the influence of entrepreneurial strategy and design thinking on the entrepreneurial efficacy of homegrown restaurants in the Caraga Region, Philippines. The study employed a convergent mixed methods design, with 200 selected respondents in the quantitative strand and 10 in the qualitative interviews. Results revealed high levels of entrepreneurial strategy, design thinking, and entrepreneurial efficacy among participants. The statistical results indicated a stronger influence of entrepreneurial strategy on entrepreneurial efficacy, while qualitative data highlighted the significance of empathy, ideation, and risk-taking in shaping efficacy. Moreover, creative strategies, prototyping, investor relationships, and building innovative environments are among the notable the experiences of the participants. Integration of the quantitative and qualitative data showed a merging-confirmation nature, though some divergence was noted in areas such as strategic alignment and user-centric innovation. These findings highlight the vital role of design thinking and strategy in enhancing confidence and success among local entrepreneurs.