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Book part
Publication date: 4 July 2019

Artem I. Krivtsov

  • Development sustainability of economic entities in the modern global universe: stakeholder approach.

  • The model of strategy implementation in the field of sustainable…

Abstract

Highlights

  • Development sustainability of economic entities in the modern global universe: stakeholder approach.

  • The model of strategy implementation in the field of sustainable development.

  • The system of key performance indicators (KPI) in the field of sustainable development.

Development sustainability of economic entities in the modern global universe: stakeholder approach.

The model of strategy implementation in the field of sustainable development.

The system of key performance indicators (KPI) in the field of sustainable development.

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Article
Publication date: 1 January 1989

C. Perry and P. Wildman

It is argued that most Australian training courses for unemployedpeople starting their own small business emphasise business development.An innovative course in the State…

Abstract

It is argued that most Australian training courses for unemployed people starting their own small business emphasise business development. An innovative course in the State of Queensland blends personal and business development together, using experiential techniques. Feedback during the course and several months afterwards suggest the course successfully achieves its objectives.

Details

Journal of European Industrial Training, vol. 13 no. 1
Type: Research Article
ISSN: 0309-0590

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Article
Publication date: 27 May 2021

Ben Krishna and Sebastian M.P.

This study aims to propose a model to examine the relationships between e-government development, cybersecurity commitment, business usage and economic prosperity of the country.

Abstract

Purpose

This study aims to propose a model to examine the relationships between e-government development, cybersecurity commitment, business usage and economic prosperity of the country.

Design/methodology/approach

Structural equation modeling was used to analyze the country-level variables to explain the second-order impact of e-government development through the mediating role of cybersecurity commitment.

Findings

Findings suggest that e-government development demonstrated a stronger association with cybersecurity commitment and business usage. There is preliminary evidence that the improvement of cybersecurity measures initiated by e-government development will drive business usage and improve macroeconomic conditions.

Research limitations/implications

This paper has constructed a theoretical model and validated it using publicly available archival data. Further, this study hypothesizes and demonstrates empirically the direct, as well as indirect relationships between e-government development, cybersecurity commitment, business usage and economic prosperity. To summarize, the study unearths the role of a nation’s cybersecurity commitment and how it is associated with other macro parameters in a country.

Originality/value

As an initial step, the present study highlights the pivotal role of e-government and its positive influence on cybersecurity commitment at the country level. Further, this study also recognizes the role of cyber commitment to boost information communication and technology usage in business, the use of e-government services for the profitability of the business and effectively influence economic prosperity.

Details

Information & Computer Security, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2056-4961

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Book part
Publication date: 24 August 2011

Tommy Tsung Ying Shih

Researchers continue to seek understanding of industrialization as a state managed process. How to create and implement new industries based on advanced knowledge is on…

Abstract

Researchers continue to seek understanding of industrialization as a state managed process. How to create and implement new industries based on advanced knowledge is on the policy agenda of many advanced nations. Measures that promote these developments include national capacity building in science and technology, the formation of technology transfer systems, and the establishment of industrial clusters. What these templates often overlook is an analysis of use. This chapter aims to increase the understanding of the processes that embed new solutions in structures from an industrial network perspective. The chapter describes an empirical study of high-technology industrialization in Taiwan that the researcher conducts to this end. The study shows that the Taiwanese industrial model is oversimplified and omits several important factors in the development of new industries. This study bases its findings on the notions that resource combination occurs in different time and space, the new always builds on existing resource structures, and the users are important as active participants in development processes.

Details

Interfirm Networks: Theory, Strategy, and Behavior
Type: Book
ISBN: 978-1-78052-024-7

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Article
Publication date: 24 July 2020

Ignat Kulkov, Magnus Hellström and Kim Wikström

Business accelerators have recently received increasing attention as important cogs in business ecosystem development. However, their exact role in the ecosystem is not…

Abstract

Purpose

Business accelerators have recently received increasing attention as important cogs in business ecosystem development. However, their exact role in the ecosystem is not yet well known, especially outside the IT sector. The purpose of this study is, therefore, twofold: to determine the position of life science accelerators in the business ecosystem and the attributes of support for companies and to identify key features of the life science accelerators that contribute to the change in business ecosystems.

Design/methodology/approach

The authors offer an exploratory case study of five life science business accelerators and analyze the main factors affecting the companies and the whole business ecosystem. The authors build upon the scarce literature on business accelerators and consider a new type of accelerator that specializes in life science projects and study its role in the transformation and evolution of the life science industry.

Findings

The authors have defined the role and key parameters of life science accelerators that influence the existing business ecosystems: (1) cooperation with other regions and countries, (2) development of entrepreneurial skills among participants of the business accelerators program and (3) a project on demand-based approach.

Originality/value

The key parameters of the life science accelerators allow to concentrate these efforts on the activities that are most demanded by the market. Business accelerators can increase the created value for other program participants.

Details

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

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Article
Publication date: 13 November 2019

Ryall Carroll and R. Mitch Casselman

Uncertainty in the early development of digital business startups can benefit from data-driven testing of hypotheses. Startups face uncertainty not only in product…

Abstract

Purpose

Uncertainty in the early development of digital business startups can benefit from data-driven testing of hypotheses. Startups face uncertainty not only in product development, but also over the structure of the business model and the nature of the customer or market to address. The authors conceptualize a new model, the Lean Discovery Process (LDP), which focuses on market-based testing from the early business idea through to fully realized product stages of an innovation. The purpose of this paper is to highlight a methodology to help digital business reduce uncertainty and apply lean principles as early as possible in the development of a business concept.

Design/methodology/approach

Examining literature in lean startups, lean user experience and lean software development, the authors highlight underlying assumptions of existing lean models. The authors then examine the LDP using the case of raiserve, a social entrepreneurship startup that focuses on the management of cause-based voluntary service.

Findings

Existing literature focuses on product development against an assumed customer base. Early hypothesis testing can be applied to business concept development to substantially reduce cost and time to market.

Research limitations/implications

Further investigation of different forms of uncertainty in digital startups can open up opportunities to further apply lean methodologies. A more extensive empirical study to measure the potential impact is warranted.

Originality/value

The authors conceptualize the minimum viable customer and support early testing with concepts from market research and collective intelligence. The authors demonstrate early opportunities to apply lean principles and rigorous hypothesis testing in an LDP that results in significant reductions in time and expense of product development.

Details

Journal of Small Business and Enterprise Development, vol. 26 no. 6/7
Type: Research Article
ISSN: 1462-6004

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Article
Publication date: 1 June 1999

Panikkos Poutziouris, Martin Binks and Alistair Bruce

The development of small firms tends to follow certain growth patterns usually referred to as business growth models. This paper reports on the conceptualisation of a…

Abstract

The development of small firms tends to follow certain growth patterns usually referred to as business growth models. This paper reports on the conceptualisation of a “problem‐based phenomenological life cycle model”, which delineates the growth pattern of micro and small manufacturing firms in Cyprus. The empirically validated model offers guidance to small business managers, financiers and advisers as to the challenges and growth complexities accompanying the transitions taking place in small businesses as they develop along their organisational life cycle. Enhanced understanding of the barriers to the development of small business contributes to the better design of policy initiatives that seek to foster the survival, sustainable growth and prosperity of small enterprises.

Details

Journal of Small Business and Enterprise Development, vol. 6 no. 2
Type: Research Article
ISSN: 1462-6004

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Article
Publication date: 1 February 1996

Edwin G. Nelson and Yolanda K. Gibb

The context in which changing small business needs and the impact of government policies are making new demands on trainers are reviewed. The performance of the SME sector…

Abstract

The context in which changing small business needs and the impact of government policies are making new demands on trainers are reviewed. The performance of the SME sector as a whole, and the survival and competitiveness of individual firms, are factors of critical importance in both developed and developing economies. This is recognised by the UK Government, which is adopting measures designed to stimulate the take‐up of services designed for the support of small firms. Thus, the SME sector offers a potentially large and relatively unexploited market for business trainers in which demand depends on the relevance of the supply of training as perceived by owner‐managers. The key to this market is the competence of small business trainers to design and deliver relevant products. This is an important determinant of the choice and quality of the support on offer to owner‐managers. An indicative survey of small business trainers in the UK shows that they themselves recognise a need to enhance their competence in both the design and delivery of products through continued professional development. The way forward for the professional development of trainers is discussed.

Details

Journal of Small Business and Enterprise Development, vol. 3 no. 2
Type: Research Article
ISSN: 1462-6004

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Article
Publication date: 15 August 2016

Harshana Kasseeah

This paper uses data on 125 countries to study whether entrepreneurship affects the level of economic development by taking a regional perspective. Specifically, the…

Abstract

Purpose

This paper uses data on 125 countries to study whether entrepreneurship affects the level of economic development by taking a regional perspective. Specifically, the purpose of this paper is to investigate whether entrepreneurship leads to economic development by accounting for several other factors including the level of financial development, the business environment and governance and the quality of institutions.

Design/methodology/approach

To investigate the impact of entrepreneurship on economic development, the paper uses data available from the World Bank Group Entrepreneurship Survey database. The data are augmented with variables from the World Development Indicators and various Doing Business Reports. These variables are used to capture for other factors that affect the level of economic development.

Findings

The results indicate that economic development of the countries in the sample is affected by entrepreneurship even after controlling for regional variation. These results indicate that policy makers around the world need to put in place specific policies to promote the entrepreneurship culture among their population.

Research limitations/implications

This paper uses a purely cross-sectional dimension to investigate the factors that impact on economic development with particular focus on entrepreneurship. This study uses cross-section data on various countries from different regions. However, panel data would allow the examination of causality issues and this could be a potential area of further research.

Practical implications

Entrepreneurship is increasingly seen as a development-promoting tool and it is recognized that countries, which facilitate entrepreneurship, tend to have higher economic development. The main finding of this paper is that irrespective of the level of development of any country or the region that it is located in, countries would gain from encouraging entrepreneurship.

Originality/value

The paper uses two broad proxies for entrepreneurship captured by the business density in each country and the number of newly formed limited firms. Interestingly, the paper also captures for regional variation to investigate if the relationship between economic development and entrepreneurship changes when different regions are being considered. The use of a merged data set is therefore a main contribution of this paper to the literature.

Details

Journal of Small Business and Enterprise Development, vol. 23 no. 3
Type: Research Article
ISSN: 1462-6004

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Book part
Publication date: 4 July 2019

Olga V. Danilova

The aim of the study is to systematize scientific knowledge regarding the content, identify current trends, and develop tools and mechanisms to ensure the sustainable…

Abstract

The aim of the study is to systematize scientific knowledge regarding the content, identify current trends, and develop tools and mechanisms to ensure the sustainable development of socio-economic systems based on the coordination of activities of business entities with the processes occurring in the national economy. The main productive unit of the national macroeconomic system is the regional economic system, in the process of functioning of which the reproduction of the goods necessary for the region is carried out, and the economic and environmental needs are satisfied. Sustainable development and capacity building of socio-economic systems, being a strategic goal of development, largely depends on the unity and integrity of its constituent elements. At the regional level, the effectiveness of the system of relations between producers and consumers of tangible and intangible goods and services is largely determined by the presence of large businesses. Large business structures operate in a significant number of regions, implement all stages of the reproduction process in almost all sectors of the economy, and are an important component of modern economic development. The study of the influence of the activities of large business structures on regional social and economic systems is extremely important from the point of view of analyzing the consequences of the activities of large business structures on the qualitative and quantitative parameters of the development of both a specific region and the national economy as a whole.

Details

“Conflict-Free” Socio-Economic Systems
Type: Book
ISBN: 978-1-78769-994-6

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