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Article
Publication date: 17 October 2018

Linda Gabbianelli

The purpose of this paper is to test whether the qualitative variables regarding the territory and the firm–territory relationship can improve the accuracy rates of small…

Abstract

Purpose

The purpose of this paper is to test whether the qualitative variables regarding the territory and the firm–territory relationship can improve the accuracy rates of small business default prediction models.

Design/methodology/approach

The authors apply a logistic regression to a sample of 141 small Italian enterprises located in the Marche region, and the authors build two different default prediction models: one using only financial ratios and one using jointly financial ratios and variables related to the relationship between firm and territory.

Findings

Including variables regarding the relationships between firms and their territory, the accuracy rates of the default prediction model are significantly improved.

Research limitations/implications

The qualitative variables data collected are affected by subjective judgments of respondents of the firms studied. In addition, neither other qualitative variables (such as those regarding competitive strategies, or managerial skills) are included nor those variables regarding the relationships between firms and financial institutions are included.

Practical implications

The study suggests that financial institutions should include territory qualitative variables, and, above all, qualitative variables regarding the firm–territory relationship, when constructing business default prediction models. Including this type of variables, it could be able to reduce the tendency to place unnecessary restrictions on credit.

Originality/value

The field of business failure prediction modeling using variables regarding the relationship between firm–territory is a unexplored area as it count of a very few studies.

Details

Studies in Economics and Finance, vol. 35 no. 4
Type: Research Article
ISSN: 1086-7376

Keywords

Article
Publication date: 15 February 2019

Claudio Baccarani, Fabio Cassia, Chiara Rossato and Daniela Cavallo

Recent literature on the implications of applying service-dominant (S-D) logic to conceptualise value-creation processes views territory only as an operand resource (a…

Abstract

Purpose

Recent literature on the implications of applying service-dominant (S-D) logic to conceptualise value-creation processes views territory only as an operand resource (a resource upon which an act is performed). This study aims to show that territory is both an operand and operant resource (a resource that acts on other resources) and to examine how this conceptualisation may extend knowledge about co-creation processes between a firm and its territory.

Design/methodology/approach

The study develops a conceptual contribution, drawing on previous research and combining managerial thinking with architectural–urban planning thinking, using illustrative examples.

Findings

This study shows that the territory actively participates in value co-creation through interactions with other actors (e.g. firms, inhabitants and tourists). The territory is not only an output of human actions but also a process through which its essence and traits emerge over time. It can infinitely inspire firms with ideas, provided they are able to listen to it and recognise its value co-creator nature.

Research limitations/implications

Contrary to the traditional firm location theory, this study highlights that a territory’s attractiveness is related to its potential, active contribution to value co-creation. The study’s arguments provide a contribution to the current debate about territorial servitisation but should be refined through empirical analyses.

Practical implications

The paper provides suggestions on platform-designing methods – supported by technologies – to enable the territory to engage in value co-creation.

Originality/value

While some studies have applied the S-D logic to territories, this study is the first to recognise that the territory has an active role in value co-creation.

Details

Journal of Place Management and Development, vol. 12 no. 2
Type: Research Article
ISSN: 1753-8335

Keywords

Article
Publication date: 1 December 2020

Pierluigi Rippa, Giovanni Landi, Silvia Cosimato, Lorenzo Turriziani and Mohamed Gheith

Over the last decades, the importance of entrepreneurial education (EE) for the personal development of young generations has gained momentum among policymakers…

Abstract

Purpose

Over the last decades, the importance of entrepreneurial education (EE) for the personal development of young generations has gained momentum among policymakers, practitioners and scholars. This paper offers some insights into the way T-shaped PhD programs can trigger transdisciplinary abilities of STEM students, making them even more ready toward venturing activities.

Design/methodology/approach

To achieve the purpose of the study, the effectiveness of a new T-shaped doctoral model was explored, testing it on a sample of STEM PhD students at Polytechnic School of University of Naples Federico II, using a qualitative-quantitative approach.

Findings

The results prove the positive influence that the T-shaped PhD program has on students in terms of vertical skills and horizontal capabilities attainment for entrepreneurial readiness.

Practical implications

This study advances interesting managerial and policy implications for activating virtuous collaborations to better respond to the need of current socioeconomic scenarios through academic knowledge.

Originality/value

Despite the growing relevance of EE, research about its influence at PhD level and the effect of different pedagogical methods remains scarce and controversial. Thus, this research explores if EE can support PhD students in science and technology transdisciplinarity terms of innovation management.

Details

European Journal of Innovation Management, vol. 25 no. 1
Type: Research Article
ISSN: 1460-1060

Keywords

Content available
Article
Publication date: 23 May 2013

Lauretta Rubini

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Abstract

Details

Measuring Business Excellence, vol. 17 no. 2
Type: Research Article
ISSN: 1368-3047

Article
Publication date: 13 June 2020

Paula Martínez-Sanchis, Cristina Aragón-Amonarriz and Cristina Iturrioz-Landart

This paper aims to explore how territory impacts on entrepreneurial families’ (EFs) embeddedness to unveil the role that territories play on the continuity and development of EFs.

Abstract

Purpose

This paper aims to explore how territory impacts on entrepreneurial families’ (EFs) embeddedness to unveil the role that territories play on the continuity and development of EFs.

Design/methodology/approach

To study complex contexts where subjective realities are analyzed, a constructivist qualitative approach is recommended. Given that, this paper develops a qualitative methodology in which 25 semi-structured interviews were carried out and analyzed based upon the use of ATLAS.ti, following an open-coding approach.

Findings

This paper found out that the territory can condition EFs’ embeddedness in different ways. First, through the cultural embeddedness, the shared territorial understanding of values and norms inherited by the history of the territory. Second, by the political embeddedness, i.e. the power exercised by territorial economic actors and non-market institutions. Third, through the structural embeddedness generated by the territorial social networks and the generation of close relationships and finally, through the so-called cognitive embeddedness, the territorial actors’ representations, interpretations and meanings. These four modes of territorial embeddedness are unfolded in a set of 16 territorial factors that impact on EFs’ embeddedness. Most of the identified factors, 14 out of the 16, are acting mainly over one of the embeddedness modes studied (cultural, political, structural and cognitive), while two of them, because they are operating simultaneously on various modes of embeddedness, have been considered transversal factors.

Originality/value

EFs have, to a great extent, been recognized as major generators of positive externalities in the territories in which they are located, and to date, the literature has focused on the impact that firms and family firms have on regional development. However, how the territory conditions the embeddedness of these families, especially how it impacts on the EFs’ territorial embeddedness, remains unexplored. This paper proposes a framework of 16 factors that help to understand the embeddedness dynamics between EFs and territories, serving as a starting point for future research avenues. Additionally, regional policy makers may use it as a guidance to build policy mix that considers these territorial factors to boost EFs’ embeddedness.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 16 no. 2
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 24 August 2012

Adriana Martínez, José A. Belso‐Martínez and Francisco Más‐Verdú

The purpose of this paper is to analyse the structure of knowledge networks and the geographical patterns of knowledge networking in mature industrial clusters. To such…

1397

Abstract

Purpose

The purpose of this paper is to analyse the structure of knowledge networks and the geographical patterns of knowledge networking in mature industrial clusters. To such end, it is assumed that proximity is not really what matters in innovation, but rather the embeddedness of firms into localised networks, enhancing collective learning and knowledge diffusion.

Design/methodology/approach

The research is contextualized in the footwear industry and applies the microeconomics of innovation (grounded in the resource based view and social capital approach) and industrial clusters/districts as theoretical frameworks. Methodologically, the paper adopts an exploratory perspective and employs a qualitative approach to conduct a cross‐case analysis of the Leon‐Guanajuato cluster (Mexico) and the Vinalopo cluster (Spain).

Findings

Firstly, this paper endorses recent research trends suggesting that knowledge is unevenly and selectively distributed among clustered firms. Secondly, it evidences how internal resources determine a firm's access to valuable repositories of knowledge. Thirdly, key knowledge players are usually involved in extra‐clusters networking, indicating that mere reliance on localized knowledge may result in declining trajectories.

Research limitations/implications

Because the case study approach and qualitative methodologies are used, readers are advised not to generalize the findings. The research on the subject matter is offered as a means to substantiate or refute the latest research premises, and provide evidence on the selected clusters.

Originality/value

This paper shows how knowledge networks differ depending on geographical specific characteristics and the resources of the main players. Managers‐owners should be conscious that being close to one another is not enough. It should be combined with both solid internal resources and access to repositories of knowledge outside the cluster. Policy makers should prepare customized public programs based on the particular structure of each cluster.

Details

Journal of Organizational Change Management, vol. 25 no. 5
Type: Research Article
ISSN: 0953-4814

Keywords

Article
Publication date: 1 March 2006

Maria Bengtsson and Agneta Marell

During the 1980’s and 1990’s deregulation had become the “recipe” for many countries’ economies to obtain increased efficiency and lower prices. Yet many empirical and…

Abstract

During the 1980’s and 1990’s deregulation had become the “recipe” for many countries’ economies to obtain increased efficiency and lower prices. Yet many empirical and theoretical studies of deregulation show that expectations rarely became fulfilled. The purpose of this paper is to develop the model of competition by introducing static and dynamic competition, which has different consequences for market performance. We claim that the development of static and/or dynamic competition post deregulation can be explained by structural conditions, both regarding entry barriers and customer influence. Four different competitive conducts are identified based on an explorative study of four deregulated industries: static, dynamic, hyper, and unheated competition.

Details

Competitiveness Review: An International Business Journal, vol. 16 no. 1
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 23 May 2013

Lauretta Rubini and Elisa Barbieri

The purpose of this paper is to provide an updated picture of the emergence of specific firms, cities and sectors of excellence in one of the best performing industrial

Abstract

Purpose

The purpose of this paper is to provide an updated picture of the emergence of specific firms, cities and sectors of excellence in one of the best performing industrial areas of China: Guangdong Province.

Design/methodology/approach

The paper focuses on a single province‐case study and zooms on its leading territories, sectors, firms and policies. Geographical areas, industrial sectors and firms are defined “of excellence” according to their contribution to the overall industrial performance of the province.

Findings

High industrial performances are not equally spread in the province. They involve specific sectors (such as electronics), areas (Pearl River Delta) and even specific firms (particularly Chinese‐owned and SOEs). This picture is in line with the recent policy objectives (support to ODI by national companies, indigenous innovation, national and local champions, restructuring of SOEs) and with the history of preferential industrial development policies.

Research limitations/implications

Given the concentration of industrial excellence in the province, there is a need to further investigate the leading actors. Given the persistent policy practice to encourage excellences (areas, sectors and firms), there is a need to further investigate the linkages between provincial/local policies and performances. The empirical test on the existence of a causal link between policies and performances of specific territories and sectors is left for further research.

Originality/value

While much of the existing literature concentrates on the impressive industrial growth of China as a whole, the paper stresses the degree of concentration of such growth and the importance of focusing on specific leading actors in order to fully understand the industrial development of the country.

Details

Measuring Business Excellence, vol. 17 no. 2
Type: Research Article
ISSN: 1368-3047

Keywords

Article
Publication date: 29 June 2010

Sumit K. Majumdar

This paper aims to evaluate the impact of competitor entry on efficiency outcome in two‐sided network context.

Abstract

Purpose

This paper aims to evaluate the impact of competitor entry on efficiency outcome in two‐sided network context.

Design/methodology/approach

The context is the population of incumbent firms making up the local exchange segment of the telecommunications industry in the US over a 14‐year period from 1988 to 2001.

Findings

The results show that encouraging the entry of competitors had led quite substantially to the enhancement of efficiencies for the incumbent firms.

Practical implications

A policy conclusion would be to enhance the incentives for new firms to enter two‐sided markets and also suppress anti‐competitive behavior by incumbents in such contexts with a firm hand so as to enhance efficiency levels.

Originality/value

This is a comprehensive analysis of policy changes in one of the world's largest telecommunications markets and the results have applicability across several other country contexts.

Details

info, vol. 12 no. 4
Type: Research Article
ISSN: 1463-6697

Keywords

Article
Publication date: 26 June 2018

Valentina Della Corte, Giovanna Del Gaudio and Fabiana Sepe

Over the past few years, several scholars have focused on innovation strategies with specific regard to family food firms. In line with this research stream, the purpose…

Abstract

Purpose

Over the past few years, several scholars have focused on innovation strategies with specific regard to family food firms. In line with this research stream, the purpose of this paper is to understand how family food firms with long-standing traditions can implement innovative productions while remaining anchored to the past.

Design/methodology/approach

By adopting a qualitative research methodology, mainly based on a multiple case study, this paper seeks to cover some unexplored areas regarding the opportunity of combining tradition and innovation to achieve success in the highly competitive international arena in which family food firms operate. The authors analyze the cases of “La Torrente,” “Cioccolatitaliani” and “La Fabbrica della Pasta di Gragnano.”

Findings

Successful family food firms leverage their deep-rooted knowledge of both family and local traditions to innovate. At same time, they establish continuous info exchange flows with all of the firm’s stakeholders by adopting an open innovation approach.

Research limitations/implications

From a theoretical perspective, there is a need for an in-depth study of how an effective blend of tradition and innovation is formalized, above all, in family firms. As for the practical implications, all the three case studies represent a best practice, especially for family firms with a long-standing history and strong local connections.

Practical implications

The paper shows how important it is to keep traditional factors in food industry and offers hints and suggestions to decision makers of family firms on how to valorize, in terms of competitiveness, their traditional resources – almost bound to their territory with innovation tools and processes.

Social implications

The paper is interesting because it offers an analysis of a specific group of firms – family firms – that characterize many industries in Italy and in Europe. Although often small, these firms can show dynamism and creativity. The paper offers hints on how to approach innovation in the sector while keeping the value of tradition.

Originality/value

The originality of the proposed conceptual model stems from the need to overcome the previous theoretical models, which deal separately with sources of past knowledge and sources of new and/or external knowledge.

Details

British Food Journal, vol. 120 no. 6
Type: Research Article
ISSN: 0007-070X

Keywords

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