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1 – 10 of 42Izabela Kowalik and Lidia Danik
One of the approaches to study entrepreneurial marketing (EM) is the EMICO framework. The extant studies have not yet explored the application of this framework by international…
Abstract
Purpose
One of the approaches to study entrepreneurial marketing (EM) is the EMICO framework. The extant studies have not yet explored the application of this framework by international new ventures (INVs). To address this research gap, four Polish INVs from medium-tech sector have been studied to check whether this tool can be applied to investigate the companies from Central and Eastern European Countries and identify the hierarchy of elements in the EMICO framework.
Design/methodology/approach
Using semi-structured interviews and the card game method, the understanding and importance of the EM concept elements by the Polish entrepreneurs have been explored. The collected text has been analyzed using qualitative data analysis software.
Findings
The studied INVs in their international marketing activity attributed most importance to understanding and responsiveness toward customers, networking, innovation introductions based on gathering of information and on the constant communication with clients. Most of the EMICO framework dimensions were confirmed; however, the concepts of “exploiting markets” and “integration of business processes” had minor importance for marketing.
Research limitations/implications
Research findings are relevant mainly for the B2B companies.
Originality/value
The paper recommends a modified list of EMICO elements for use in future studies concerning the small- and medium-sized enterprise internationalization.
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Thomas F. Burgess and John Heap
The purpose of this paper is to create a social, environmental and economic (SEE) index for countries.
Abstract
Purpose
The purpose of this paper is to create a social, environmental and economic (SEE) index for countries.
Design/methodology/approach
The methodology in the OECD handbook on building composite indicators is followed. The data are taken from UN data sources.
Findings
An index is created that describes each of 194 countries. The countries were clustered in three groups, i.e. high, medium and low performing. The country positions matched intuitively those expected. A more focused grouping of the 35 most populous countries was examined. The method was felt to be rigorous and successful in creating an informative measure of SEE.
Research implications/limitations
Future research could include identifying factors that determine a country's SEE productivity. A similar index could be envisaged at more local level.
Practical implications
The SEE index offers a standard method for benchmarking the SEE productivity of countries, regions and the globe.
Social implications
It is hoped that this research could have an important contribution to make in enabling society, government, business and policy makers to focus their discussions and actions on areas that will lead to substantial environmental improvement and improved quality of life.
Originality/value
A SEE index is created using a rigorous methodology. The authors believe this to be a unique and valuable contribution.
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Ondřej Dvouletý and Marko Orel
This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo…
Abstract
Purpose
This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo self-employed individuals) from the perspective of four post-communist economies (i.e. Czech Republic, Hungary, Poland and Slovakia).
Design/methodology/approach
The methodological approach is based on the three harmonised waves (2005, 2010 and 2015) of the European Survey on Working Conditions (EWCS). Multi-variate logistic regression models are used to determine the individual-level differences among employees, solo self-employed individuals and job creators in the selected group of countries.
Findings
The results show significant differences among employees, solo self-employed individuals and job creators, especially when it comes to the role of age, gender, education, previous experience, number of working hours and their determination. Job creators in Visegrád countries have, on average, more years of experience, and higher levels of education (tertiary), than wage-employees.
Research limitations/implications
This study provides a series of recommendations for future research on the role of family- and household-related characteristics, entrepreneurship-specific education and migration background.
Originality/value
The previous research on individual determinants of entrepreneurial engagement in Visegrád region was mainly based on the data from the Global Entrepreneurship Monitor. This study offers a novel perspective based on the EWCS data.
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Fekri Ali Shawtari, Muslim Har Sani Mohamad, Hafiz Majdi Abdul Rashid and Abdullah Moh’d Ayedh
The purpose of this paper is to investigate the relationship between board characteristics and real performance among state-owned enterprises (SOEs) in Malaysia in a longitudinal…
Abstract
Purpose
The purpose of this paper is to investigate the relationship between board characteristics and real performance among state-owned enterprises (SOEs) in Malaysia in a longitudinal period following the introduction of transformation policy.
Design/methodology/approach
The study deviates from prior research in utilising a real performance measure rather than traditional measures of performance. The authors adopt the quantile regression approach to examine the impact of board characteristics on real performance in a comparison using ordinary least squares.
Findings
The results of quantile regression reveal that the impact of board mechanisms on real performance was not as expected. Specifically, board size and duality had a bearing on real performance. Board independence also is considered as influential factor through the time. However, such effects were not homogenous across different quantiles. The dummy year variable to compare the period pre- and post-transformation policy reveals that the dummy year is not significant, indicating that performance post-transformation is indifferent compared to the pre-transformation policy period.
Practical implications
It is important for government to reconsider the policies embedded in the transformation policy. This study provides insights on the enhancement of board effectiveness and new developments regarding GLCs.
Originality/value
This is an early to attempt to measure real performance and its link to board characteristics in SOEs post-transformation policy.
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Izabela Kowalik, Lidia Danik and Tomasz Sikora
The purpose of this paper is to develop the international entrepreneurship theory, by examining the entrepreneurial characteristics of international new venture (INV) originating…
Abstract
Purpose
The purpose of this paper is to develop the international entrepreneurship theory, by examining the entrepreneurial characteristics of international new venture (INV) originating in Poland. Furthermore, it is assessed in the study whether these characteristics relate to the performance of INVs, considering the role of the age of the company.
Design/methodology/approach
The data were collected via a CATI survey of 105 Polish small- and medium-sized enterprises (SMEs), conforming to the early internationalization criteria, and 128 gradually internationalized SMEs. Student’s t-tests, correlation and, regression analysis were applied for group comparisons and relationship testing.
Findings
The Polish INVs are characterized by higher innovativeness and risk propensity than gradual exporters. Moreover, medium-strength correlations between entrepreneurial orientation (EO) elements and performance were found. The regression analysis proved that new product introduction, risk taking, and experience influence INV performance.
Research limitations/implications
The sample includes Polish SMEs from one sector. Moreover, most of the analyzed companies admitted being successful abroad, which may have influenced the study results.
Practical implications
Fast launching of new products and product development are important for quick expansion. A conciliatory approach to competitors is associated with better performance. Regarding the policy makers, the development of “breakthrough innovations” might not be as important as assisting the INVs in product launches.
Originality/value
An under-researched topic of EO of SMEs from a post-transformation market and its relationships with performance is explored. Moreover, the correlation of the company’s age and experience with success is studied.
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Miray Gür, Yavuz Taneli and Neslihan Dostoşlu
This study aims to measure the quality of life (QoL), using the proposed conceptual model within the context of the interactions between human behaviour and the environment. It…
Abstract
This study aims to measure the quality of life (QoL), using the proposed conceptual model within the context of the interactions between human behaviour and the environment. It aims to research the effect of the control of residents on QoL, and the findings constitute the basis for a discussion on the effects of environmental policies on QoL. Doğanbey in Bursa, which is in close proximity to the Khans (Inns) District, is selected as the study area because it represents an urban transformation implemented according to administrative decisions. QoL measurements in the research reflect people's evaluations, their adaptation to post-transformation environment and the implementation process by means of questionnaires and in-depth interviews. The findings indicate that lack of resident control has an adverse effect on satisfaction and QoL, and that an urban transformation conducted without user participation will fail. In conclusion, the study aims to contribute to decision-making mechanisms within the framework of residents' influence to ensure increased QoL. The intention of the authors is to promote the usage of QoL scale developed for other housing or transformation areas by modifying the questions according to varying geographies and social groups.
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Discusses Polish political‐economic developments during the first decade of transformation, aiming to identify the key features likely to shape the business climate in the new…
Abstract
Discusses Polish political‐economic developments during the first decade of transformation, aiming to identify the key features likely to shape the business climate in the new millennium. The paper has three parts: first, critical aspects of the Polish political scene are described and an attempt is made to map out likely futures and downside risks, emphasising business and economic connections; this is followed by a similarly structured economics section where description of recent performance and policy is followed by an outline of likely developments and risks; a third section summarises progress in FDI, privatisation and in shaping Polish capitalism, and again looks ahead to possible futures. The mainstream expectation is of continuing opening up of good business opportunities in a basically stable political environment but any serious downturn in the international economy will inevitably sharpen internal tensions and threaten to blow off course what has been a broadly successful system transformation.
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This paper examines the rhetorical strategies of two Indian microfinance organizations as they transformed from non-profit to commercial format. They shifted forms at a time (year…
Abstract
Purpose
This paper examines the rhetorical strategies of two Indian microfinance organizations as they transformed from non-profit to commercial format. They shifted forms at a time (year 2010), when commercialization had been criticized severely. The purpose of this paper is to understand “How does a microfinance organization justify its action of transformation to retain legitimacy?”
Design/methodology/approach
The paper adopts a qualitative case study method to understand the phenomena. Interview, archival documents, and field observations are the major source of data for the study. Data analysis is carried out through coding method.
Findings
Drawing from Suddaby and Greenwood’s (2005) work on rhetorical strategies, the paper suggests that these organizations have used two types of rhetorical strategies – cosmological and teleological. These strategies operate in a performative role and link deviant practices with routines. It focuses on institutional maintenance rather than change.
Research limitations/implications
The paper acknowledges two important limitations. First, the rhetorical focus may be influenced by the history of organization. So depending on organization selected, the focus may vary. Second, the paper is constricted by the low-documentation practices prevailing in many civil society organizations.
Originality/value
The paper contributes to the literature on hybrid organization by unpacking the process of sense making in a hybrid form. The paper also reinforces the argument that language operates in a performative role. The paper provides a new context (India) to understand the process of rhetorical strategies.
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It was not until the late 1960s that housing attracted much attention from academic social scientists. Since that time the literature has expanded widely and diversified…
Abstract
It was not until the late 1960s that housing attracted much attention from academic social scientists. Since that time the literature has expanded widely and diversified, establishing housing with a specialised status in economics, sociology, politics, and in related subjects. As we would expect, the new literature covers a technical, statistical, theoretical, ideological, and historical range. Housing studies have not been conceived and interpreted in a monolithic way, with generally accepted concepts and principles, or with uniformly fixed and precise methodological approaches. Instead, some studies have been derived selectively from diverse bases in conventional theories in economics or sociology, or politics. Others have their origins in less conventional social theory, including neo‐Marxist theory which has had a wider intellectual following in the modern democracies since the mid‐1970s. With all this diversity, and in a context where ideological positions compete, housing studies have consequently left in their wake some significant controversies and some gaps in evaluative perspective. In short, the new housing intellectuals have written from personal commitments to particular cognitive, theoretical, ideological, and national positions and experiences. This present piece of writing takes up the two main themes which have emerged in the recent literature. These themes are first, questions relating to building and developing housing theory, and, second, the issue of how we are to conceptualise housing and relate it to policy studies. We shall be arguing that the two themes are closely related: in order to create a useful housing theory we must have awareness and understanding of housing practice and the nature of housing.
Sebastian Schönhaar, Ulrich Pidun and Michael Nippa
The major purpose of this paper is to investigate antecedents, outcomes and processes of business portfolio transformations, including diversifying, refocusing and repositioning…
Abstract
Purpose
The major purpose of this paper is to investigate antecedents, outcomes and processes of business portfolio transformations, including diversifying, refocusing and repositioning portfolio restructurings.
Design/methodology/approach
The paper conducts a longitudinal study on the process of business portfolio transformations among the largest 100 European and 100 North American firms during the period of 1998-2010. A newly developed metric is applied that allows a business portfolio transformation to be identified and quantified and process-related research to be conducted.
Findings
The study confirms and expands prior literature that postulates that poor performance and over-diversification are key motivations for portfolio restructuring. However, the majority of transformations were not successful, with firm performance further deteriorating in the course of the transformation. The analysis of the transformation process itself reveals that the average transformation took 2.6 years and changed the portfolio composition by 42 per cent. Most transformations are conducted rather continuously over the transformation period and rely heavily on divestitures and acquisitions.
Practical implications
Managers should not to be too optimistic when they consider a major business portfolio restructuring. In particular, diversifying or repositioning transformations have a low success rate, while refocusing transformations are most successful on average. The study of the process of portfolio transformations offers some advice to increase the odds of a successful restructuring.
Originality/value
This longitudinal analysis represents the first study of the process of portfolio transformation by applying a newly developed transformation metric. By uncovering the process characteristics of portfolio transformations among the largest European and North American firms, it provides insights on the occurrence, typical magnitude, duration and order of acquisitions and divestitures of large portfolio transformations.
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