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1 – 10 of 18Markus Orava and Patricia Wiklund
The growing interest in food safety has led to foodâtesting services becoming an issue of increasing importance. The demand for outsourced foodâtesting services is growing. One of…
Abstract
The growing interest in food safety has led to foodâtesting services becoming an issue of increasing importance. The demand for outsourced foodâtesting services is growing. One of the results of these developments has been the internationalisation of such firms. This paper analyses the internationalisation of foodâtesting services in the light of developments in the Nordic foodâtesting market. The focus is on the external elements. These include development of the market to allow foodâtesting firms to overcome problems and exploit opportunities arising from the fundamental changes in the nature of the market. The adopted internationalisation strategies of the Nordic foodâtesting companies are studied. The key driver for internationalisation of firms is growth. Successful firms also need to maintain high levels of quality, speed of delivery, and competitive pricing.
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Vishal K. Gupta, Sajna Ibrahim, Grace Guo and Erik Markin
Entrepreneurship-related research in management and organizational journals has experienced rapid growth, particularly in the last several years. The purpose of this study is to…
Abstract
Entrepreneurship-related research in management and organizational journals has experienced rapid growth, particularly in the last several years. The purpose of this study is to identify the researchers and universities that have had the greatest influence on entrepreneurship research since the turn of the century. Using a systematic and comprehensive study identification protocol, the authors delve into the individual and institutional actors contributing to scholarship in entrepreneurial studies for the period from 2000 to 2015. Examination of top-tier management and organizational journals revealed that a total of 371 entrepreneurship-related articles were published during this period by 618 authors from 303 different institutions. Rankings for the most prolific individuals as well as institutions, adjusted and unadjusted for journal quality, are presented. The article concludes with a discussion of the limitations and implications of the research undertaken here.
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Dolores Gallardo-Vázquez, M. Isabel Sánchez-Hernández and Francisca Castilla-Polo
â The purpose of this paper is to address a theoretical and methodological framework to validate a model for explaining social responsibility in cooperative societies.
Abstract
Purpose
The purpose of this paper is to address a theoretical and methodological framework to validate a model for explaining social responsibility in cooperative societies.
Design/methodology/approach
A qualitative methodology based on the assessment and agreement of an expert panel has been used. More exactly, a Delphi technique will help achieve agreement about the set of indicators previously defined and to get a single and agreed definition.
Findings
The results consist of a consensus scale for each variable of the proposed model. This unanimity in the opinions about the final result will be the basis for further quantitative treatment of the proposed conceptual model.
Research limitations/implications
Limitations derive from the initial state of the study and the need to practical analysis.
Practical and social implications
Cooperative societies could have a way to analyze their position related to social responsibility. In general, contributions to social responsibility have improved, in particular, in the field of these entities.
Originality/value
The paper contributes to properly measure the variables of the conceptual model. The main variable of analysis, called Orientation to Social Responsibility in Cooperatives (OSRCOOP), is not directly observable, and it is necessary to measure it through a set of indicators. Likewise, with the other strategic variables with which OSRCOOP is related to the model proposed (member satisfaction, innovation, quality of service and cooperative outcome or performance).
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Ramo Palalic, Veland Ramadani and Leo Paul Dana
The purpose of this paper was to investigate gender differences in entrepreneurship development.
Abstract
Purpose
The purpose of this paper was to investigate gender differences in entrepreneurship development.
Design/methodology/approach
A quantitative study consisted of an on-line questionnaire administered to a random sample of 206 owner-manager CEOs across Bosnia and Herzegovina. Various statistical tools were used in the analysis.
Findings
Empirical results revealed significant differences in entrepreneurial performance between women and men. It was found that gender significantly affects entrepreneurial activities in firms with regards to innovativeness, proactiveness and risk-taking. Overall, female respondents scored better in entrepreneurial dimensions than did males.
Practical implications
The state should support female entrepreneurship in the long term; aspirations exist, and this studyâs results reveal this potential. Furthermore, it is recommended that women take a part in entrepreneurship development â a key to economic development. Also, it is suggested that education in entrepreneurship should be at a higher level than is currently the case.
Originality/value
This paper is the first empirical study that examines gender issues in entrepreneurship in Bosnia and Herzegovina. The study draws practical implications for current business owners, CEOs and potential entrepreneurs of either gender. This research removes stereotypes about female aspirations, competencies and skills in creating new start-ups and ventures, which in the long term will contribute to the economic development.
Darush Yazdanfar and Peter Öhman
â The purpose of this paper is to examine the growth-profitability nexus among small- and medium-sized enterprises (SMEs).
Abstract
Purpose
The purpose of this paper is to examine the growth-profitability nexus among small- and medium-sized enterprises (SMEs).
Design/methodology/approach
The data comprise 106,884 observations covering 26,721 Swedish SMEs in six industry sectors over the 2008-2011 period. The data were analysed using several statistical techniques, including two-stage least squares regression, fixed-effects and random regressions, and bootstrapped quantile regression.
Findings
Consistent with the hypotheses derived from the resource-based approach, the results indicate that current profitability significantly and positively affects firm growth. The firm-level control variable size significantly and positively affects firm growth, though firm age significantly and negatively affects growth. Firm industry affiliation also affects firm growth.
Research limitations/implications
Since SME performance is commonly equated with access to knowledge, consultancy services or business training programmes sponsored by governmental organizations can help SMEs improve their management skills and thereby their performance. Moreover, adopting advanced financial management practices can improve the use of financial resources, leading to higher profitability and thereby sustainable growth. This implies that managers should change their strategy from âgrowth now, profitability laterâ to âprofitable growth nowâ.
Originality/value
Unlike most previous studies, this study employs several multivariate methods to analyse a comprehensive, cross-sectoral sample comprising non-financial, independent, and active SMEs in several industries. This study focuses explicitly on SMEs, which play a fundamental role in the Swedish economy.
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This study aims to examine the determinants of the growth of small- and medium-sized enterprises (SMEs) in the Kingdom of Saudi Arabia. The resource-based view theory is adopted…
Abstract
Purpose
This study aims to examine the determinants of the growth of small- and medium-sized enterprises (SMEs) in the Kingdom of Saudi Arabia. The resource-based view theory is adopted in the analysis of the study.
Design/methodology/approach
The descriptive and multivariate regression analysis was used to analyze the data. A stratified sampling technique is adopted with a sample size of 119 managers from SMEs. There are variables delineated from theories (human capital, social capital, strategy and organization), which are associated with the firmâs growth that include; the size of the firm, firm age, managerâs education, training, experience, financing and network relationship.
Findings
The results found that the size of the firm, the experience of the manager, training, financing and the network relationship have a significant relationship with the firmâs growth. However, other variables such as the education and firmâs age do not have a significant relationship with the firmâs growth.
Originality/value
This study could be considered as an exposure to the SMEs in Saudi Arabia on the specific factors by the ownerâmanagers who intend to develop their business.
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Nida Gull, Muhammad Asghar, Qader Aleem Ahmed, Asim Rafique Muhammad, Ahmed Syed Jameel and Shan-e Ali
This study aims to extend the understanding of entrepreneurial orientation (EO) by investigating the international EO (IEO) from the perspective of the international performance…
Abstract
Purpose
This study aims to extend the understanding of entrepreneurial orientation (EO) by investigating the international EO (IEO) from the perspective of the international performance of born global firms. The born global firm's EOs toward global firms led to innovation and dynamic organizational capabilities and to improve the firms' international performance and development.
Design/methodology/approach
It is a hypothesis that IEO predicted that utilization of export promotion programs (EPPs) would be positively associated with international performance. The samples of 405 respondents were collected from born global firms to acquire higher international performance of firms in China. Structural equation modeling (SEM) and mediation analysis are processed to test the proposed hypotheses empirically.
Findings
The results from the SEM test revealed that the network relationships and utilization of EPPs fully mediate the effect of IEO on international performance. These results indicate that not only IEO is an important factor of network relationships but also the utilization of EPPs and international performance for born global firms. IEO can motivate managers to find the right network relationships and ultimately improve company performance. The IEO of the initiative has strong impact on the performance of international firms.
Originality/value
There is a comprehensive view among the relationships of IEO, entrepreneurial competencies and the network utilization of government EPPs, international performance in the context of born global firms. Theoretical and practical implications are discussed in detail.
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The purpose of this paper is to investigate the variables affecting firm profitability, applying the seemingly unrelated regression method to a large sample of approximately…
Abstract
Purpose
The purpose of this paper is to investigate the variables affecting firm profitability, applying the seemingly unrelated regression method to a large sample of approximately 87,000 observations covering 12,530 nonâfinancial micro firms operating in four industry sectors, from 2006 to 2007.
Design/methodology/approach
The study considers profitability determinants at the firm as well as industry affiliation levels in examining hypotheses developed from resourceâbased approaches. Seemingly unrelated regression (SUR) was used to detect the combination of variables that best estimated the impact of the explanatory variables on the dependent variable.
Findings
The findings indicate that while firm size, lagged profitability, growth, and productivity positively influence profitability, firm age and industry affiliation negatively influence it. The empirical results suggest that productivity is the most significant determinant of profitability. These results are fairly robust across the various industry sectors covered in the study and are largely consistent with the hypotheses developed from the resourceâbased approach.
Research limitations/implications
The current study addresses an issue that is relevant to various stakeholders, including managers, investors, and debtholders, and may facilitate further research in similar areas of small business studies.
Practical implications
The question of what factors determine profitability should accordingly be one of high priority for both researchers and practitioners, including managers, investors, debt holders, and policy makers.
Originality/value
Most of previous studies of profitability determinants were actually performed in the industrial organization discipline. This study examines the impact of internal determinants including firm size, age, and sector on firm profitability from a managerial perspective. Unlike the other approaches, this approach suggests that firm performance is mainly determined by internal rather than external variables.
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The purpose of this paper is to refine the resource-based theory of the firm. It intends to deal with key theoretical issues affecting the development of a model that empirically…
Abstract
Purpose
The purpose of this paper is to refine the resource-based theory of the firm. It intends to deal with key theoretical issues affecting the development of a model that empirically captures the relevance of knowledge to performance. The research task is not only to look inside the firm in search of candidates for a strategic resource, but also to better understand how a resource becomes strategic as the consequence of specific attributes. This approach has the potential of providing a relevant insight into the characteristics that resources must possess as well as a more effective way to compare their relative relevance to competitive advantage.
Design/methodology/approach
Hypotheses are tested by a comprehensive panel data of 29 AIDS/HIV drugs from 1997 to 2010, covering the performance trajectory of more than 90 percent of all branded products in this segment.
Findings
Based on the VRIO framework (Barney 1991, 2001a), which asserts that resources need to be valuable, rare, inimitable, and difficult to organize in order to become a source of sustainable competitive advantage, the paper derives seven empirical constructs of technological knowledge. Five of these constructs are statistically significant, explaining up to 36 percent of the variance in sales outcomes. Results show that the most important resource attributes are value and organizational capabilities. Inimitability is partially relevant, but rarity is not.
Practical implications
Results suggest that the best way to generate competitive advantage is through continuous improvement of technological knowledge. This conclusion shows that knowledge heterogeneity is more strategically relevant to performance than knowledge immobility.
Originality/value
Differently from previous papers, instead of measuring how much a resource (or its accumulated stock) influences competitive advantage, this paper identifies and measures the attributes through which the resource matters to market outcomes. It is not the resource itself, but its strategic attributes which actually generate differential benefits to firms.
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Durim Hoxha and Joan‐Lluis Capelleras
The paper is aims at investigating the contribution of fastâgrowing firms to employment and the determinants of fast growth in Kosova, which can be considered an environment…
Abstract
Purpose
The paper is aims at investigating the contribution of fastâgrowing firms to employment and the determinants of fast growth in Kosova, which can be considered an environment characterized by a transitional period and extreme conditions for entrepreneurship.
Design/methodology/approach
The paper was based on the data collected from faceâtoâface interviews with 585 firm founders. The contribution of firms to job creation was computed by using descriptive statistics and then an ordinal logit regression model was employed to explore the determinants of fast growth.
Findings
Results indicate that the contribution of fastâgrowing firms to employment in this environment is lower than that in Western and developed countries. Findings also suggest that fast growth is positively affected by specific human capital, intentions to grow and the ability to deal with external barriers, while having a university degree is found to be negatively related to fast growth.
Research limitations/implications
This paper provides a better understanding of the phenomenon of fastâgrowing firms and has several theoretical and practical implications. Importantly, the research on fastâgrowing firm is still not mature and the overall picture on fastâgrowing firms have yet to be built.
Originality/value
Most of the empirical evidence on fastâgrowing firms comes from developed countries. This paper provides the empirical evidence from a transitional yet extreme context to further our knowledge on the topic of firm's fast growth.
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