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Article

Cristina Fernandes, João Ferreira, Mário Raposo, Ricardo Hernández and Juan Carlos Diaz-Casero

With this work, the authors seek to advance knowledge in this field mentioned above. The purpose of this paper is to stress the role of two groups of components related to…

Abstract

Purpose

With this work, the authors seek to advance knowledge in this field mentioned above. The purpose of this paper is to stress the role of two groups of components related to individuals’ knowledge: the intrinsic base of existing knowledge and exposure to external knowledge.

Design/methodology/approach

The present study examined the impact of knowledge in the business creation process. Data came from aggregated panel data at the country level taken from the Global Entrepreneurship Monitor over a five-year period (2009-2013).

Findings

Results show that knowledge affects the business creation process. The research identifies the following factors as influential: detection of capabilities, entrepreneurial experience, and experience investing in other firms.

Research limitations/implications

The limitations of the research relate to the data aggregation at the country level. Future research should examine disaggregated GEM data for the three economic stages at the classification level.

Practical implications

The perception of self-efficacy appears to be critical in understanding the planning of intentional behavior because of its influence on the formation of intentions through situational perceptions of viability.

Originality/value

Generally, the literature that emphasizes the role of knowledge and entrepreneurship in small firms is theoretically limited and focuses solely on the role of knowledge in the decision to start a business.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 13 no. 1
Type: Research Article
ISSN: 2042-5961

Keywords

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Book part

Maximilian C. Forte

In analyzing the state's political economic management of ethnic diversity in Trinidad, with specific reference to the case of the indigenous Santa Rosa Carib Community…

Abstract

In analyzing the state's political economic management of ethnic diversity in Trinidad, with specific reference to the case of the indigenous Santa Rosa Carib Community, the author sets forth an outline of the “political economy of tradition”: (1) the politics and economics of the state associating economic values with particular cultural representations and (2) legislated recognition and financial rewards for groups engaged in public cultural display. How the Caribs themselves manage this process, and the contradictions introduced by forms of state sponsorship that led the Caribs to become incorporated as a limited liability company, are also issues central to this study.

Details

Markets and Market Liberalization: Ethnographic Reflections
Type: Book
ISBN: 978-1-84950-354-9

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Article

Paulo Pinheiro, Mário Raposo and Ricardo Hernández

The objective of this paper is to measure the level of organizational wisdom of firms and verify its influence on the value they produce.

Abstract

Purpose

The objective of this paper is to measure the level of organizational wisdom of firms and verify its influence on the value they produce.

Design/methodology/approach

This study seeks to establish linkage between organizational wisdom and value creation with the development of a new model based on the contributions of North's wisdom matrix and the Jordan and Jones model. The proposed model, using primary data from the Portuguese textile sector, is tested through recourse to a structural equation model.

Findings

The results point to the conclusion that companies with high organizational wisdom do manage to improve their efficiency and effectiveness but this proves insufficient for actually increasing the level of value created when taking into account the industry's prevailing environment.

Practical implications

Firms may apply this model to ascertain their level of organizational wisdom. This model may also be deployed to determine this organizational wisdom level for a set of companies (a company cluster) or even a sector.

Originality/value

The main contribution of this paper stems from the explanatory value of the proposed model as it enables the measurement of a firm's organizational wisdom and its influence on the final value produced.

Details

Management Decision, vol. 50 no. 8
Type: Research Article
ISSN: 0025-1747

Keywords

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Article

Juan Carlos Díaz‐Casero, D. Ángel Manuel Díaz‐Aunión, Mari Cruz Sánchez‐Escobedo, Alicia Coduras and Ricardo Hernández‐Mogollón

The purpose of this paper is to examine empirically whether economic freedom affects entrepreneurial activity in three groups of countries, classified according to…

Abstract

Purpose

The purpose of this paper is to examine empirically whether economic freedom affects entrepreneurial activity in three groups of countries, classified according to economic development.

Design/methodology/approach

Data on the index of entrepreneurial activity cover the period between 2002 and 2009, and are taken from the annual GEM (Global Entrepreneurship Monitor) reports and from the Index of Economic Freedom published by The Heritage Foundation from 1995 to 2009. The same analysis is carried out, grouping the countries by development level, following the classification included in the Global Competitiveness Report 2009‐2010. A Ridge regression analysis is performed to measure the model's goodness‐of‐fit and to determine equations that can be used for future predictions.

Findings

The results obtained in the correlation analysis show that economic freedom is closely related to entrepreneurial activity. The results suggest that TEA rates, opportunity‐TEA rates and necessity‐TEA rates decrease when there is an increase in economic freedom in a country, as just two of the areas analyzed – i.e. “government size” and “fiscal freedom” – appear to foster the emergence of new entrepreneurs. When countries are grouped by level of economic development, the results for countries belonging to the “Innovation‐Driven Economies” group show that the opportunity‐TEA rates increase as the economic freedom index grows.

Originality/value

The study indicates that entrepreneurship by opportunity increases in the group of Innovation‐Driven Economies with smaller “government size” and more “fiscal freedom”.

Details

Management Decision, vol. 50 no. 9
Type: Research Article
ISSN: 0025-1747

Keywords

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Article

Ricardo Hernández‐Mogollon, Gabriel Cepeda‐Carrión, Juan G. Cegarra‐Navarro and Antonio Leal‐Millán

There is no empirical evidence, particularly in relation to small and medium‐sized enterprises (SMEs), to support the concept of cultural barriers and how they relate to…

Abstract

Purpose

There is no empirical evidence, particularly in relation to small and medium‐sized enterprises (SMEs), to support the concept of cultural barriers and how they relate to open‐mindedness (OM). Some of these cultural barriers can be linked to outdated knowledge, which can impede the adoption of new configurations. The purpose of this paper therefore is to test the role of cultural barriers in the relationship between OM and organizational innovation.

Design/methodology/approach

These relationships are examined through an empirical investigation of 133 SMEs.

Findings

The results show that the relationship between OM and organizational innovation is likely to suffer if a firm does not overcome previously its cultural barriers. An explanation for this could be thatoutdated knowledge can impede the adoption of new configurations. Therefore, it is important for organizations to provide an appropriate environment for overcoming cultural barriers. Otherwise new knowledge will not be acted on or incorporated into new products and services.

Originality/value

The authors point out the importance for organizations of taking this perspective into account when they are seeking to respond proactively to the challenges thrown up by the external environment.

Details

Journal of Organizational Change Management, vol. 23 no. 4
Type: Research Article
ISSN: 0953-4814

Keywords

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Article

Juan Carlos Díaz Casero, Manuel Almodóvar González, María de la Cruz Sánchez Escobedo, Alicia Coduras Martínez and Ricardo Hernández Mogollón

The aim of this study is to analyze the impact of institutions on entrepreneurship in groups of countries classified according to their economic development.

Abstract

Purpose

The aim of this study is to analyze the impact of institutions on entrepreneurship in groups of countries classified according to their economic development.

Design/methodology/approach

Data used come from the Global Entrepreneurship Monitor, the Economic Freedom in the World Index; and from the Global Competitiveness Report.

Findings

The results provide useful information for the public and private sectors as evidence that some institutional variables that influence business creation depend on the development stage and report critical aspects to progress in each type of country in order to foster entrepreneurship. In developing nations the “size of the business sector” and “health and primary education” are critical variables, while for transition economies they stack the “integrity of the legal system” and “fulfilling contracts” and for developed economies the “size of the government” and “credit available to the private sector”.

Originality/value

This study constitutes an unusual approach because the literature on the impact of institutions on entrepreneurship is very scarce.

Details

Management Decision, vol. 51 no. 2
Type: Research Article
ISSN: 0025-1747

Keywords

Abstract

Details

Journal of Knowledge Management, vol. 24 no. 2
Type: Research Article
ISSN: 1367-3270

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Article

Domingo Ribeiro‐Soriano and David Urbano

The purpose of this paper is to add new theoretical insights on the employee‐organization relationship (EOR) in the context of corporate entrepreneurship (CE)…

Abstract

Purpose

The purpose of this paper is to add new theoretical insights on the employee‐organization relationship (EOR) in the context of corporate entrepreneurship (CE), specifically in collective entrepreneurship.

Design/methodology/approach

The paper presents a brief overview of the content of each of the articles included in this special issue.

Findings

In the last decades, the study of the EOR has become an integral part of the literature as an approach aimed to provide the theoretical foundations to understanding the employee and employer perspectives to the exchange. Also, the greater complex environment and the higher level of innovativeness have pushed firms to become more entrepreneurial in order to identify new opportunities for sustained superior performance. In this context, emerges CE and involves not only formal activities to enhance product innovation, risk taking and a proactive response to environmental forces, but also organizational learning, driven by collaboration, and commitment. Specifically, different EORs and specific human resources management practices are required in the light of collective entrepreneurship, understood as work among entrepreneurial teams within the organizations and collaboration among employees.

Originality/value

The paper provides an overview of the EOR in collective entrepreneurship.

Details

Journal of Organizational Change Management, vol. 23 no. 4
Type: Research Article
ISSN: 0953-4814

Keywords

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Article

Weiyu Du, Di Fang, Yang Ye and Sainan Qiu

The purpose of this paper is to examine the influence of disorderly environment on consumers’ preferences for boundaries and the mediating effect of personal control in…

Abstract

Purpose

The purpose of this paper is to examine the influence of disorderly environment on consumers’ preferences for boundaries and the mediating effect of personal control in this process.

Design/methodology/approach

The authors examined hypotheses in two studies. In Study 1, the authors measured environmental orderliness, preference for boundaries and other control variables like positive and negative emotions. In Study 2, the authors primed participants’ concept of environmental orderliness and measured personal control as well as the same variables in Study 1.

Findings

Consumers in disorderly environments prefer bounded logos more compared to those in orderly environments. Personal control mediates the effect of chaotic physical environment on the preference for boundaries. Compared with the counterparts in the orderly environment, consumers in the disorderly environment have a lack of personal control, thus giving the preference to logos with boundaries.

Research limitations/implications

This paper discusses the mechanism of the process that the disorderly environment triggers the individual’s preference for bounded design, which enriches the research related to physical environment in the field of consumer behavior. However, it fails to examine the influence of disorderly environment on the preference for real bounded products and did not discuss the invisible boundary.

Originality/value

The impact of the disorderly environment on consumers’ boundary preferences, which the research focuses on, has further deepened the understanding of the boundaries, and to some extent, the authors filled the research gap in this field.

Details

Journal of Contemporary Marketing Science, vol. 3 no. 1
Type: Research Article
ISSN: 2516-7480

Keywords

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Article

Carlos A.F. Sampaio, José M. Hernández-Mogollón and Ricardo G. Rodrigues

This study aims to explore the nature of the relationship between market orientation and business performance in the Portuguese hotel industry and to evaluate the…

Abstract

Purpose

This study aims to explore the nature of the relationship between market orientation and business performance in the Portuguese hotel industry and to evaluate the mediating role of service quality in this relationship.

Design/methodology/approach

A literature analysis on market orientation, service quality and hotel business performance was conducted. The structural model was developed, and the measurement scales’ items were generated. Working data were obtained by sending a survey to Portuguese hotel managers. A purification process was conducted, and the convergent and discriminant validity, as well the reliability, of the measurement models were assessed. The structural model was tested by conducting a path analysis, as well by evaluating the coefficient of determination (R2) and the predictive relevance indicator (Q2).

Findings

Research results show that market orientation has a positive direct effect on business performance. Moreover, results indicate that market orientation effects on business performance are mediated throughout the hotels’ ability to provide service quality.

Originality/value

Despite the large amount of research on market orientation, research on the hospitality sector has been conducted mainly using tools developed for the manufacturing and consumer goods sectors. On the other hand, little has been done to explore the nature of the mediating effect of service quality on the relationship between market orientation and business performance in the hotel industry. Moreover, despite the contribution of the tourism industry to the Portuguese gross domestic product, research on the hotel industry is scarce.

Details

Journal of Knowledge Management, vol. 23 no. 4
Type: Research Article
ISSN: 1367-3270

Keywords

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