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1 – 10 of 24Phuc Huynh Evertsen and Einar Rasmussen
Managing resources is crucial for firms to gain competitive advantages and succeed, particularly for startups with limited resources. It is important to understand how digital…
Abstract
Purpose
Managing resources is crucial for firms to gain competitive advantages and succeed, particularly for startups with limited resources. It is important to understand how digital startups in general and digital academic spin-offs (ASOs) in particular may orchestrate their resources to optimize value. This paper integrates the resource-based perspective with digital entrepreneurship to analyze the resource configurations leading to success of digital ASOs.
Design/methodology/approach
The paper adopts an inductive approach and applies qualitative comparative analysis (QCA) on a longitudinal dataset of digital ASOs to identify the resource configurations for a successful outcome.
Findings
The authors' paper identifies two main paths to success among digital ASOs, consisting of five distinct resource configurations. The first path is termed “market exploiters” that operate in favorable market conditions where specific technological resources and research collaboration resources are lacking. The second path involves “technology explorers” that combines both technological and commercial resources to achieve success.
Research limitations/implications
By outlining distinct pathways to the success of digital ASOs, this paper contributes to the digital academic entrepreneurship literature and the resource-based view of entrepreneurial firms. The paper also suggests implications for policymakers and managers in managing resources for the success of digital ventures.
Originality/value
By exploring the resource configurations leading to the success of ASOs commercializing digital technologies, the paper shows that favorable market conditions and complementary resource configurations can be alternative pathways to success.
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Ingebjørg Vestrum and Einar Rasmussen
This paper aims to build theory on the resource mobilisation process of nascent community ventures (CVs). CVs are a type of social enterprises set up with the aim of creating…
Abstract
Purpose
This paper aims to build theory on the resource mobilisation process of nascent community ventures (CVs). CVs are a type of social enterprises set up with the aim of creating social wealth within the communities in which they reside. Guided by resource dependence theory, the paper analyses how CVs introduce new ideas and activities into conservative communities. In particular, the paper explores how emerging CVs mobilise resources from local communities and how the resource mobilisation process shapes these new ventures.
Design/methodology/approach
Longitudinal case studies were conducted on the emergence of two music festivals in rural communities in Norway.
Findings
In the early stages of the venture formation process, the nascent CVs had an asymmetric dependence relationship with local resource providers because they lacked legitimacy and resources. The CVs were seeking to introduce new activities, and they simultaneously implemented two strategies to access resources: they adapted to and altered their environment. Throughout the resource mobilisation process, the CVs developed a joint dependence relationship with local resource providers. In later stages of the process, the CVs implemented strategies to increase their embeddedness and engage greater portions of the local communities in the ventures.
Originality/value
The paper's longitudinal approach to the resource mobilisation process made it possible to reveal how entrepreneurs and local resource providers interact over time to create new CVs. Building on resource dependence theory, the paper provides an explanation for how CVs are able to become embedded in their local communities while introducing new ideas that depart from existing practices.
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Joana Baleeiro Passos, Daisy Valle Enrique, Camila Costa Dutra and Carla Schwengber ten Caten
The innovation process demands an interaction between environment agents, knowledge generators and policies of incentive for innovation and not only development by companies…
Abstract
Purpose
The innovation process demands an interaction between environment agents, knowledge generators and policies of incentive for innovation and not only development by companies. Universities have gradually become the core of the knowledge production system and, therefore, their role regarding innovation has become more important and diversified. This study is aimed at identifying the mechanisms of university–industry (U–I) collaboration, as well as the operationalization steps of the U–I collaboration process.
Design/methodology/approach
This study is aimed at identifying, based on a systematic literature review, the mechanisms of university–industry (U–I) collaboration, as well as the operationalization steps of the U–I collaboration process.
Findings
The analysis of the 72 selected articles enabled identifying 15 mechanisms of U–I collaboration, proposing a new classification for such mechanisms and developing a framework presenting the operationalization steps of the interaction process.
Originality/value
In this paper, the authors screened nearly 1,500 papers and analyzed in detail 86 papers addressing U–I collaboration, mechanisms of U–I collaboration and operationalization steps of the U–I collaboration process. This paper provides a new classification for such mechanisms and developing a framework presenting the operationalization steps of the interaction process. This research contributes to both theory and practice by highlighting managerial aspects and stimulating academic research on such timely topic.
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Gianpaolo Iazzolino, Domenico Greco, Saverino Verteramo, Andrea Luca Attanasio, Gilda Carravetta and Teresa Granato
This paper aims to propose an integrated methodology for evaluating academic spin-offs (ASOs) for supporting both the development phase and performance evaluation. The ASOs have…
Abstract
Purpose
This paper aims to propose an integrated methodology for evaluating academic spin-offs (ASOs) for supporting both the development phase and performance evaluation. The ASOs have peculiar characteristics compared to other start-up companies and the debate on their evaluation is still open.
Design/methodology/approach
The proposed methodology, adopting a lean approach, faces the typical problems that characterize the growth of an ASO: the excessive attention to the technological aspects with respect to the commercial and managerial ones; and the need for evaluation systems that try to evaluate all risk areas and to highlight any misalignment. The methodology was built also starting from the results of an Erasmus + research project, co-funded by the European Commission, called spin-off lean acceleration.
Findings
The methodology proposes to monitor the main risk areas (market, technological, implementation, governance and financial). For each of these areas, at first, a framework and a checklist are proposed for supporting the qualitative assessment of the potential of each areas. In the second part, a set of metrics for monitoring the performances and to understand if the spinoff is developing in the right direction is proposed. Moreover, the methodology was applied to the spin-offs at the University of Calabria (Italy), and the paper reports the first results obtained.
Originality/value
A new canvas model (lean acceleration canvas), more specific and suited to the context of ASOs, was developed and tested. A lean approach has been adopted also for understanding the weakness of traditional methods. The proposed methodology could be used by the technology transfer offices in their institutional activity of supporting ASOs.
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Bala Subrahmanya Mungila Hillemane, Krishna Satyanarayana and Deepak Chandrashekar
Technology business incubators (TBIs) form an indispensable part of an entrepreneurial ecosystem for the promotion of tech start-ups across the global economy. However, they have…
Abstract
Purpose
Technology business incubators (TBIs) form an indispensable part of an entrepreneurial ecosystem for the promotion of tech start-ups across the global economy. However, they have evolved in varied forms over a period of time, in terms of typologies, sponsors and stakeholders, goals and objectives, functions and services offered, process of incubation support provided through hard and soft infrastructure, outcomes and achievements and even in terms of theoretical bases. The purpose of this paper, therefore, is to review the extant literature on TBIs to arrive at a framework that explains how TBIs contribute to start-up generation.
Design/methodology/approach
This paper reviews extant empirical literature for a systematic evaluation to throw light on the various dimensions of TBIs: typology, goals and objectives, functions and services, process and provision of incubation support, outcomes and achievements. Further, after critically reviewing some of the theoretical propositions, it develops a conceptual framework combining pre-incubation, incubation and post-incubation processes of TBIs.
Findings
Based on literature understanding and some of the key theoretical constructs, a conceptual framework is developed comprising pre-incubation, incubation and post-incubation stages of start-up formation and graduation. The paper also identifies some prospective areas for future research.
Research limitations/implications
Any empirical research on technology business incubation must focus on pre-incubation and post-incubation processes as much as on the incubation process, to derive meaningful implications and enhance the productivity of TBIs.
Originality/value
The conceptual framework derived out of the systematic literature review will enable further research and exploration of micro-aspects of pre-incubation, incubation and post-incubation phases across multiple dimensions.
Ana Belén Alonso-Conde, Javier Rojo-Suárez and Sandra Rentas
First, this paper aims to study the extent to which students in business administration degrees are aware of the characteristics of the business ecosystem. Second, the degree of…
Abstract
Purpose
First, this paper aims to study the extent to which students in business administration degrees are aware of the characteristics of the business ecosystem. Second, the degree of knowledge of the benefits resulting from the interaction between the university-based business incubators and the universities are studied.
Design/methodology/approach
To focus the discussion, a survey is conducted, asking students their preferences as future professionals, as well as their knowledge about specific sources of financing, namely, venture capital and crowdfunding and other networks useful to foster the creation of companies such as business incubators.
Findings
Results reveal that the students under study mostly prefer to work as employees in a company. Additionally, these results suggest a poor knowledge from students regarding specific aspects related to entrepreneurship and, more specifically, business incubators. These empirical results underline the need to shift the focus of subject programmes towards a greater focus on entrepreneurship. Additionally, the results also draw attention to the need of fostering the relationship between business incubators and universities, so that students become aware of the support that these networks can provide to entrepreneurs in the early stages of business projects.
Research limitations/implications
The data analysis for this study is built based on a survey of students attending specific finance courses at a Spanish public university. It is worth noting that in this study we have based on the supply side whereby future research might focus on the point of view given by the firm’s recruitment of business administration students. In addition, to strengthen the conclusions drawn from this study, further research should increase the sample period and the outcomes achieved at other universities in different regions.
Practical implications
In terms of policy implications, the empirical findings highlight the relevance of understanding the effectiveness of entrepreneurship programmes, given the budgetary expenditure involved in entrepreneurship education.
Originality/value
The relevance of the issue has been highlighted through a literature review of the past 10 years. In terms of policy implications, the empirical findings highlight the relevance of understanding the effectiveness of entrepreneurship programmes, given the budgetary expenditure involved in entrepreneurship education.
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Immigration represents one of the most contentious and complicated issues for social democracy in many national contexts. In Scandinavia, the social democratic parties have been…
Abstract
Immigration represents one of the most contentious and complicated issues for social democracy in many national contexts. In Scandinavia, the social democratic parties have been particularly tormented, being split internally on central concerns related to immigration policy. Social democratic parties in Scandinavia have had a basically ambiguous relationship to the issue from the initiation of the era of ‘new immigration’. This chapter argues that this can be explained by the specifically strong attachment and ‘ownership’ of these parties to the Scandinavian welfare model, with its particular claims on a strong tax base and an orderly labour market. ‘Social democracy’ is dealt with mainly as an institutional and political entity, close to what goes as ‘The Nordic Model’ in the international literature. The chapter describes and analyses similarities and differences between the three Scandinavian countries, through a historical exposé of the period after the early 1970s; on the one hand, the institutional and normative prerequisites for social democracies in handling migration, and on the other hand, the way in which recent flows of migrants have influenced the very same social democracies. Theoretically, the chapter is drawing on conceptual tools from political economy, citizenship discourse and institutional theory.
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Erik Kloppenborg Madsen and Kurt Pedersen
The purpose of this article is to show how a particular marketing paradigm developed in Denmark from the 1920s through to the 1960s. It peaked in the mid‐1950s and faded out with…
Abstract
Purpose
The purpose of this article is to show how a particular marketing paradigm developed in Denmark from the 1920s through to the 1960s. It peaked in the mid‐1950s and faded out with one major publication in the early 1970s. This article aims to provide a relatively detailed study of the initial phases of the school and its key ideas.
Design/methodology/approach
The study is based on primary sources, i.e. the writings of the scholars who shaped and developed the school. A significant number of the sources are available in Danish only.
Findings
While the study of marketing in America developed from the inductive, descriptive approach of the German Historical School, an essential precondition for the Copenhagen approach was the second wave of microeconomic theory of the 1930s. The article argues that it was a marketing management school, and that it offered early contributions to the development of marketing theory.
Originality/value
Relatively little has been written about Danish and Scandinavian history of marketing thought. The authors believe that a detailed review of the Copenhagen School of Marketing may be of some interest to marketing historians around the world.
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The purpose of this paper is to provide new insight concerning a relatively understudied phenomenon in the medium sized enterprise (SME) internationalisation and international…
Abstract
Purpose
The purpose of this paper is to provide new insight concerning a relatively understudied phenomenon in the medium sized enterprise (SME) internationalisation and international entrepreneurship literature; the internationalisation of firms crossing the border to only one adjacent foreign country. These firms are called border firms. This study explores the variety of internationalisation patterns of border firms.
Design/methodology/approach
The study is based on theoretical perspectives related to speed of internationalisation and country embeddedness, and uses empirical data from seven Norwegian case companies operating across the border between Norway and Russia.
Findings
Three different internationalisation patterns of border firms are empirically identified and described; an early single-country path, a born-again border path and a born border path. Then, a model of the distinctive cross-border pathway is developed.
Research limitations/implications
Several limitations of this study have implications for further research, such as sample size and setting, the new perspective on country embeddedness and questions related to generalisation of the findings.
Practical implications
The study has implications for both entrepreneurs and policy-makers. It demonstrates that internationalisation is not always about “going global” and is sometimes simply a matter of “hopping” across the nearest border. The model demonstrates different possible patterns for how to achieve or support this in practice.
Originality/value
This study contributes to theory-building in the field of SME internationalisation and international entrepreneurship in three ways. First, it identifies and defines an interesting but neglected type of international venture; border firms. Second, it explores the different start-up patterns of these firms, their speed and embeddedness. Third, it offers a theoretical framework of the distinct cross-border pathway of internationalisation.
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Digital innovation and circular business model innovation are two critical enablers of a circular economy. A wide variety of digital technologies such as blockchain, 3D printing…
Abstract
Purpose
Digital innovation and circular business model innovation are two critical enablers of a circular economy. A wide variety of digital technologies such as blockchain, 3D printing, cyber-physical systems, or big data also diverges the applications of digital technologies in circular business models. Given heterogeneous attributes of circular business models and digital technologies, the selections of digital technologies and circular business models might be highly distinctive within and between sectorial contexts. This paper examines digital circular business models in the context of the fashion industry and its multiple actors. This industry as the world’s second polluting industry requires an urgent circular economy (CE) transition with less resource consumption, lower waste emissions and a more stable economy.
Design/methodology/approach
An inductive, exploratory multiple-case study method is employed to investigate the ten cases of different sized fashion companies (i.e. large, small medium-sized firm (SME) and startup firms). The comparison across cases is conducted to understand fashion firms' distinct behaviours in adopting various digital circular economy strategies.
Findings
The paper presents three archetypes of digital-based circular business models in the fashion industry: the blockchain-based supply chain model, the service-based model and the pull demand-driven model. Besides incremental innovations, the radical business model and digital innovations as presented in the pull demand-driven model may be crucial to the fashion circular economy transition. The pull demand–driven model may shift the economy from scales to scopes, change the whole process of how the fashion items are forecasted, produced, and used, and reform consumer behaviours. The paths of adopting digital fashion circular business models are also different among large, SMEs and startup fashion firms.
Practical implications
The study provides business managers with empirical insights on how circular business models (CBMs) should be chosen according to intrinsic business capacities, technological competences and CE strategies. The emerging trends of new fashion markets (e.g. rental, subscription) and consumers' sustainable awareness should be not be neglected. Moreover, besides adopting recycling and reuse strategies, large fashion incumbents consider collaborating with other technology suppliers and startup companies to incubate more radical innovations.
Social implications
Appropriate policies and regulations should be enacted to enable the digital CE transition. Market patterns and consumer acceptances are considered highly challenging to these digital fashion models. A balanced policy on both the demand and supply sides are suggested. The one-side policy may fail CBMs that entail an upside-down collaboration of both producers and consumers. Moreover, it is perhaps time to rethink how to reduce unnecessary new demand rather than repeatedly producing and recycling.
Originality/value
The pace of CE research is lagging far behind the accelerating environmental contamination by the fashion industry. The study aims to narrow the gap between theory and practice to harmonise fashion firms' orchestration and accelerate the transition of the fashion industry towards the CE. This study examines diverse types of digital technologies in different circular business models in a homogeneous context of the fashion industry with heterogeneous firm types.
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