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1 – 10 of over 4000Gianni Romaní, Miguel Atienza, Felipe Campos, Pablo Bahamondes and Rodrigo Hernández
The purpose of this paper is to identify and analyse the characteristics of high net worth individuals (HNWI) as potential angel investor in Antofagasta, the main mining resource…
Abstract
Purpose
The purpose of this paper is to identify and analyse the characteristics of high net worth individuals (HNWI) as potential angel investor in Antofagasta, the main mining resource periphery in Chile.
Design/methodology/approach
Using the resource periphery approach and angel investing, the authors apply a survey to a sample of 37 HNWI in this region. The data collected were analysed using descriptive statistics.
Findings
Descriptive results show that the characteristics of these individuals do not significantly differ from those exhibited by angel investors in developed countries and that HNWI show a relative high willingness to become angels and to form a network.
Research limitations/implications
This paper has some limitations regarding the size and scope of the sample. It is a relatively short sample that does not allow to make more sophisticated analysis and it is only regional and, therefore, it is not possible to make a comparison at a national level.
Practical implications
From the perspective the design of policies and programmes oriented towards the promotion of a high potential start-ups in resources peripheries, it is essential to know what the characteristics of HNWI are and their propensity to become angel investors.
Originality/value
Research on angel investment has been traditionally based on the experience of core regions in developed countries. This type of funding source, however, can play a significant role in the promotion of development and diversification in resource peripheries due to the limited access that these areas have to traditional capital funds and the orientation of angel investment towards innovative ventures, but studies from this perspective are very scarce. In this sense, this paper is pioneer in this topic in peripheral regions.
Propósito
El objetivo de este artículo es identificar y analizar las características de las personas con alto patrimonio neto como potenciales inversionistas ángeles en Antofagasta, la principal fuente de recursos minerales en la periferia de Chile.
Diseño/metodología/enfoque
A través del enfoque de las periferias de los recursos naturales y la inversión ángel, se aplicó una encuesta a una muestra de 37 personas con alto patrimonio neto en esta región. La información recogida fue analizada usando estadística descriptiva.
Hallazgos
Los resultados muestran que las características de estas personas no difieren significativamente de los inversionistas ángeles en países desarrollados y muestran un fuerte deseo de ser inversionistas ángeles y formar una red.
Limitaciones/implicaciones
Este artículo presenta algunas limitaciones en relación al tamaño y el alcance de la muestra. Es una muestra relativamente pequeña y no permite realizar análisis más sofisticados y es solo a nivel regional y, por lo tanto, no es posible comparar a nivel nacional.
Implicaciones prácticas
Desde la perspectiva del diseño de políticas públicas y programas orientadas a la promoción de empresas de alto potencial de crecimiento en las periferias de recursos naturales, es esencial conocer las características de las personas con alto patrimonio neto y su propensión a convertirse en inversionistas ángeles.
Originalidad/valor
La investigación sobre inversión ángel ha estado tradicionalmente enfocada en la experiencia de las regiones centrales de los países desarrollados. Sin embargo, esta alternativa de financiamiento puede jugar un rol preponderante en la promoción del desarrollo y la diversificación en las periferias de recursos naturales debido al limitado acceso a fuentes de capital tradicionales y la orientación de la inversión ángel hacia emprendimientos innovadores en estas regiones. Los estudios desde esta perspectiva son muy escasos. En este sentido, este artículo es pionero en la investigación de la inversión ángel en las regiones periféricas de recursos naturales.
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– This article aims to contribute to the re-evaluation of the global market system using a Marxist inspired theory of development, dependency.
Abstract
Purpose
This article aims to contribute to the re-evaluation of the global market system using a Marxist inspired theory of development, dependency.
Design/methodology/approach
This article draws on dependency theory as an alternative means of understanding global relationships. Building on existing literature, it modifies dependency to encapsulate technological developments and trends in the global market.
Findings
Re-evaluating the global market and the relationships that underpin it, through an alternative theory, highlights the fragility of markets and associated relationships. Increasingly, nation states are becoming irrelevant. This presents a problem as the main actors in the global market today are “above” inter-state relations, yet the organs that regulate their behaviour still are grounded in inter-state rhetoric. The relationship between development and underdevelopment remains.
Research limitations/implications
The financial crisis has propagated a wealth of interest in the relationships between states, between multi-national corporations (MNCs) and between MNCs and state. Using this broad theory of modified dependency, it can be applied to a range of different relationships. In the wake of financial crisis, there is the opportunity to raise awareness of these ingrained issues and initiate discussions at national, regional and international levels to alleviate some of the conditions of dependence.
Practical implications
Regardless of the work of national governments and NGOs to instigate development in lesser-developed regions through policy and regulations, unless there is a conscientious commitment from MNCs operating in that region to contribute to development, the result will be the development of underdevelopment and the underdevelopment of development. CSR can help alleviate the conditions of the dependence on capital generated by MNCs, but this is not a solution to an ingrained problem, capitalism.
Originality/value
This article introduces a modified theory of dependency for the first time. It applies the theory to the financial crisis and to the continent of Africa. It considers the role that CSR can play in alleviating the conditions of dependence.
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The purpose of this paper is to explore the roles of peripherality and centrality in relation to entrepreneurial learning and development. Peripherality has previously been…
Abstract
Purpose
The purpose of this paper is to explore the roles of peripherality and centrality in relation to entrepreneurial learning and development. Peripherality has previously been considered from a mainly geographical perspective as being remote, loosely connected and marginal. A broader conception of the topic is addressed, asking: in what ways is peripherality relevant to entrepreneurial learning? How can centre-peripheral connectivity enhance this? What are the implications for communities, learners and educators?
Design/methodology/approach
Discourses of entrepreneurship development relating to policy, economics, geography and culture favour the concept of centres, which attract attention, resources, activities and people. Whilst peripherality is an enduring topic of interest in regional studies, it is widened through using the conceptualisation of legitimate peripheral participation in social learning as a methodological lens for the study. A case study of the technology sector in Cape Breton, Canada is included to illustrate peripheral entrepreneurship.
Findings
The paper suggests ways in which peripheral-central relationships can be a positive factor in entrepreneurial learning. It suggests that rebalancing the bidirectional “flow” of knowledge, talent and resources between centres and peripheries can enhance the value of peripheral entrepreneurship, learning and innovation.
Social implications
The paper connects with prior work on community economic development, offering observations for entrepreneurial learning and development of knowledge-intensive businesses in peripheral areas. Boundary-spanning leadership and skills are required to facilitate peripheral-central interaction and entrepreneurship.
Originality/value
Peripherality is defined more widely than in prior work, suggesting peripheral learning is part of the fundamental human experience and offers new insights, innovations and opportunities which can create shared value. A conceptual framework for peripheral-central entrepreneurial learning is proposed, which may assist in rebalancing central-peripheral value creation, innovation and regeneration.
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Analysis of organizational decline has become central to the study of economy and society. Further advances in this area may fail however, because two major literatures on the…
Abstract
Analysis of organizational decline has become central to the study of economy and society. Further advances in this area may fail however, because two major literatures on the topic remain disintegrated and because both lack a sophisticated account of how social structure and interdependencies among organizations affect decline. This paper develops a perspective which tries to overcome these problems. The perspective explains decline through an understanding of how social ties and resource dependencies among firms affect market structure and the resulting behavior of firms within it. Evidence is furnished that supports the assumptions of the perspective and provides a basis for specifying propositions about the effect of network structure on organizational survival. I conclude by discussing the perspective's implications for organizational theory and economic sociology.
The purpose of this paper is to investigate how “manias” in global health governance lead to health inequalities even before, during and in the aftermath of acute health crises…
Abstract
Purpose
The purpose of this paper is to investigate how “manias” in global health governance lead to health inequalities even before, during and in the aftermath of acute health crises such as the COVID-19 pandemic. “Manias” as used here refer to obsessive ir/rational behaviors, misguided policy/strategic choices and the exercise of power that benefit the major global health actors at the expense of stakeholders.
Design/methodology/approach
From post-colonial and historical perspectives, this study delineates how the major global health actors influence outcomes in global health governance and international business when they interact at the national–global level using an illustration from an emerging economy.
Findings
Power asymmetry in global health governance is constructed around the centralization of economic influence, medico-techno-scientific innovation and the geopolitical hegemony of a conglomerate of super-rich/powerful actors. They cluster these powers and resources in the core region (industrialized economies) and use them to influence the periphery (developing economies) through international NGOs, hybrid organizations, MNCs and multilateral/bilateral agreements. The power of actors to maintain manias lies in not only how they influence the periphery but also the consequences of the periphery’s “passivity” and “voluntary” renunciation of sovereignty in medical innovations and global health policies/politics.
Social implications
As a quintessential feature of manias, power asymmetry makes it harder for weaker actors to actually change the institutional conditions that produce structural inequalities in global health.
Originality/value
This timely and multidisciplinary study calls for a novel architecture of global health governance. Thus, democratizing global health governance with sufficiently foresighted investments that prioritize equitable access by and the inclusiveness of vulnerable stakeholders will help dismantle institutionalized manias while decreasing health inequalities.
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This study responds to major administrative and policy priorities to support science, technology, engineering and mathematics (STEM) education by investigating a multi-sector…
Abstract
Purpose
This study responds to major administrative and policy priorities to support science, technology, engineering and mathematics (STEM) education by investigating a multi-sector ecosystem of regional organizations that support a STEM pipeline for education and careers.
Design/methodology/approach
We use social network analysis to investigate an entire region within a geographic region of California which included 316 organizations that represent different stakeholder groups, including educational institutions (school districts, schools and higher education), government, private companies, museums, libraries and multiple community-based organizations. This STEM ecosystem reflects a systems-level analysis of a region from a unique social network perspective.
Findings
Results indicate that organizations have a surface-level access to STEM-related information, but the deeper and more intense relationship which involves strategic collaboration is limited. Further, interactions around information and collaboration between organizations were purportedly in part to be about education, rarely included PK-12 schools and district as central actors in the ecosystem. In addition, while institutions of higher education occupy a central position in connecting and bridging organizations within the ecosystem, higher education's connectivity to the PK-12 education sector is relatively limited in terms of building research and practice partnerships.
Originality/value
This research has implications for how regional-level complex systems are analyzed, led and catalyzed and further reflects the need to intentionally attend to the growth of STEM networks.
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The authors suggest that there has been a militarisation of the Third World since the Second World War. This militarisation and consequent hostilities are a representation of the…
Abstract
The authors suggest that there has been a militarisation of the Third World since the Second World War. This militarisation and consequent hostilities are a representation of the power structure of the present world system. While there may be a reduction in the direct hostilities between the superpowers this is made up for and played out in regional conflicts between Third World nations. Such conflicts are provisioned by military supplies from the west.
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Mikael Sundström and Robert Holmberg
The purpose of this paper is to study a class of issues that in spite of recognised needs and explicit managerial demands have proven hard to have “stick” in organisations…
Abstract
Purpose
The purpose of this paper is to study a class of issues that in spite of recognised needs and explicit managerial demands have proven hard to have “stick” in organisations (information security is used as an example). It offers a theory-driven rationale why superficially different issue areas can indeed be considered as instances of the identified class, and builds on complexity leadership theory (CLT) to explain how the related strategic challenges can be explained and possibly alleviated.
Design/methodology/approach
A. Kenneth Rice’s notion of organisations’ “primary task” is used to home in on its opposite that is here labelled “peripherality”. Existing strands of organisation research that can be related to this notion are then revisited to ground the fundamental concept theoretically. The CLT is finally used to provide a detailed understanding of the underlying dynamics.
Findings
The paper explains how and why certain issue areas seem resistant to common managerial intervention methods even though it would seem that organisational members are in fact favouring proposed changes (a state that would normally increase the chances of success). It also offers ideas how these challenges may fruitfully be approached.
Originality/value
Problems related to the suggested “peripherality” class of issues have thus far been approached as wholly unrelated (and for that reason as idiosyncratic). The proposed framework offers a hitherto never attempted way systematically to link these challenges – and so structure and concentrate discussion about possibly common remedies.
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Antonios K. Travlos, Panagiotis Dimitropoulos and Stylianos Panagiotopoulos
The purpose of this paper is to examine the migration of foreign football players that participated in the elite football championship in Greece and the impact of this migratory…
Abstract
Purpose
The purpose of this paper is to examine the migration of foreign football players that participated in the elite football championship in Greece and the impact of this migratory channel on the athletic success of the football clubs.
Design/methodology/approach
The study analyzed a database of all migrant and local athletes that participated in the professional Greek football championship over the period 2001-2013 and performed descriptive and regression analyses.
Findings
The regression analyses revealed a positive and significant statistical relation between the investment in foreign talents and the position of the clubs in the championship; however, this impact was more intense for foreign athletes after the formation of the Greek Super League (SL) in 2007 but on the contrary native athletes seem to contribute less to the athletic success than their foreign counterparts.
Practical implications
The findings indicated that valuable resources where spent after SL formation for the acquisition of foreign well-trained athletes. Therefore, this study corroborated arguments in previous research that a basic reason for foreign player migration in football is the increased revenues accrued from the media and sponsors. The study also provided useful policy implications for football managers for improving their decisions on this matter.
Originality/value
The present study fills a gap in the empirical literature and contributes significantly on the ongoing debate about the international athletes’ migration and its impact on athletic success.
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Songleng Chhaing and Sokwin Phon
The purpose of the article is to examine the motivation of the academics in a developing country, Cambodia, which is an under-researched country in order to look into the…
Abstract
Purpose
The purpose of the article is to examine the motivation of the academics in a developing country, Cambodia, which is an under-researched country in order to look into the satisfaction level of the academics in various aspects of academic profession. This study helps inform policy makers and other stakeholders in higher education in Cambodia about the current status quo of academic profession in Cambodia, which acts to impede the quality of higher education in this country.
Design/methodology/approach
This study employed a survey design to examine the motivation of academics in a periphery country, Cambodia. The result from an online survey via Microsoft Form of 278 academics currently working at three public universities and four private universities across the country revealed that academics in higher education institutions in Cambodia were satisfied with their job (Mean = 4.1, SD = 0.74) and the organizational culture and value (Mean = 3.9, SD = 0.77), but dissatisfied with their salary (Mean = 3.1, SD = 0.90). The mean score of other variables also skewed toward happiness, yet this mean score remained low (between 3.2 and 3.8). Furthermore, the result from t-test and one-way ANOVA showed no significant difference in job satisfaction between public and private academics and among academics from different employment statuses. Job satisfaction of academics in this study did not come from salary or work environment, but may have come from the flexibility and status quo of academic career in Cambodia, in which the majority of academics have additional job while many others (38% of the participants) treat teaching as their secondary job and at the same time maintain the title as academic or even professor, which is relatively well-respected in Cambodia society, despite poor salary. The complexity of academic career in this context may present major setbacks to the quality of higher education in this periphery country.
Findings
This study revealed that although academics in higher education in Cambodia were satisfied with their job and organizational culture and value, they were not satisfied with their work environment and salary. The result from this study indicated that the reason why salary did not determine the satisfaction level of academics was that most of the academics in Cambodia higher education have additional job or business in addition to teaching. Moreover, they have other full-time jobs outside higher education and they can still teach part-time to earn extra income.
Research limitations/implications
Since this study generated only 278 responses from academics, these data remain small compared to the whole population. Thus, this may affect the generalization of the finding to the larger population.
Practical implications
This study helps fill the existing gaps in literature on higher education in Cambodia and the findings from this study can be used to make informed decision regarding quality of higher education in Cambodia.
Social implications
Higher education is a social institution that helps maintain professionalization of all professions and improve students competitiveness. Improving quality of higher education means that academics themselves need to be professional and ethical toward teaching. This research pointed out the unethical practices of academic procession, which in turn, de-professionalize academics and downgrade the quality of higher education in Cambodia.
Originality/value
This study provides a fresh insights into the motivation of academics in Cambodia higher education. This study also provides the framework for academic motivation in a developing country.
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