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1 – 10 of over 214000C. 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 of…
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.
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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 yet well…
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.
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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.
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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.
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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 as a…
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.
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 development…
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.
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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…
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.
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The purpose of this paper is to consider one of the major, under-researched themes in rural studies – the business family. Acting as an economic bedrock and entrepreneurial…
Abstract
Purpose
The purpose of this paper is to consider one of the major, under-researched themes in rural studies – the business family. Acting as an economic bedrock and entrepreneurial business base, families may support one or more businesses over varying time frames (Rouvinez, 2001).
Design/methodology/approach
By reviewing related literature, the paper aims to encapsulate some thoughts on this topic and to consider ways in which future work in this field might be directed.
Findings
Standing at the divide between entrepreneurship research, business research and research which looks at the family in a social paradigm, business families remain one of the under-researched areas which provide a vital function within rural communities (Getz et al., 2004, p. 3). One distinction drawn out within this paper is of the manner whereby a family business – defined here as a business with one or more family members where the owners perceive it to be a family business – stands in parallel to the business family. Difficulties in definition of the term family business (Sharma, 1996) have further complicated this distinction, but the importance of family businesses in a worldwide context is acknowledged (Poutziouris, 2006) alongside the need for further research in a UK context (Fletcher, 2002; Getz et al., 2004, p. 72). If the term family business is difficult to define, simpler definitions of the business family do appear: families with a distinct track record in portfolio or serial entrepreneurship but where the expertise is embedded within more than one individual.
Originality/value
Developing thinking around the interaction between families and the businesses they run is a vital development in regional development and of especial importance where agriculture.
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Mikhail A. Bek, Nadezda N. Bek, Marina Y. Sheresheva and Wesley J. Johnston
The purpose of this paper is to develop and test models explaining the unsatisfactory innovation activity of Russian firms and the main obstacles to innovation cluster development.
Abstract
Purpose
The purpose of this paper is to develop and test models explaining the unsatisfactory innovation activity of Russian firms and the main obstacles to innovation cluster development.
Design/methodology/approach
Based on statistical analysis and the results of a pilot survey of 192 local businessmen, followed by imitation modeling analysis, the study tests hypotheses regarding the impact of unsatisfactory institutional environments, including weak property rights protection, on innovation cluster development in Russia.
Findings
The analysis shows that the impact of adverse factors on innovation activities of cluster members is crucial, and estimates to what extent the negative factors' influence should be reduced to prevent cluster degradation processes.
Research limitations/implications
The models provide a number of sensitivity tests of the parameters; however, data from clusters with different levels of support and protection need to be obtained. Government experiments could be conducted to test the models and find ranges of optimal parameters for cluster development. Short of this, examination of actual data from different cluster in similar environments would allow estimated of optimal strategies for support. Longitudinal data can also help determine the actual cause and effect of successful innovation cluster development.
Practical implications
The paper provides managerial implications for organizations involved in innovation clusters, which can be used to improve cluster members' performance and collaborative innovation activities by means of creating acceptable institutional environments.
Originality/value
The paper provides evidence of the connection between collaborative activities of clustering organizations in Russia and their performance caused by expectations concerning institutional conditions on the macro level in Russia.
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The purpose of this paper is to examine the entrepreneurial behaviour of small tourism businesses and their ability to contribute to regional development in the context of a…
Abstract
Purpose
The purpose of this paper is to examine the entrepreneurial behaviour of small tourism businesses and their ability to contribute to regional development in the context of a transitional economy.
Design/methodology/approach
The research, by combining in‐depth interviews and a survey, reports on a case study of Wairarapa, a region of New Zealand that has recently seen a large expansion in the tourism sector.
Findings
The paper identifies a number of important criteria for the effective interaction of private‐public sectors as well as illustrating how small tourism firm owners are facing challenges in one of the most liberal economic environments whilst taking action to ensure periphery endurance.
Originality/value
Inductive theory or a bottom‐up model for regional development provides the conceptual structure for the research. The paper argues that the related paradigm is increasingly underpinned by entrepreneurial behaviour of a multiplicity of stakeholders in rural localities where tourism is seen as a key agent for regional rejuvenation on the demise of traditional economic activities.
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