A number of recent scientific articles have studied the relationship between entrepreneurial orientation (EO) and firm’s performance, though not all came in the scope of international entrepreneurship (IE). Researchers often test mediating or moderating variables that help explain this relationship. The extensive academic findings lead us to a wide range of mediating/moderating variables and to a lack of consensus in this domain. This study is in scope of IE literature, and it aims to provide new and robust insights supported by consistent empirical findings and to adopt this structural-model approach as a reference in the absence of academic consensus. Specifically, the paper examines the contribution of intrapreneurship to both the firm’s international orientation (IO) and performance in light of the IE guidelines. To this end, we examine how the EO of Portuguese exporters influences corporate performance taking into account the meditating effect of their IO on the EO – performance association through structural equation modeling. Results confirm that IO positively and significantly mediates the relationship between EO and corporate performance. EO and IO were also found to have a direct and positive effect on corporate performance. These findings confirm the relevance of intrapreneurship and international commitment to a better organisational performance and gives us empirical support to conclude that effort taken in these domains could enhance the exporters’ performance. Moreover, this study makes an empirical and theoretical contribution to the IE topic and therefore aims to be a reference to the literature in this domain.
{"title":"The Consequences of Intrapreneurship in Exporting Firms: A Structural-model Approach","authors":"G. Brás, M. Preto","doi":"10.2139/ssrn.3892885","DOIUrl":"https://doi.org/10.2139/ssrn.3892885","url":null,"abstract":"A number of recent scientific articles have studied the relationship between entrepreneurial orientation (EO) and firm’s performance, though not all came in the scope of international entrepreneurship (IE). Researchers often test mediating or moderating variables that help explain this relationship. The extensive academic findings lead us to a wide range of mediating/moderating variables and to a lack of consensus in this domain. This study is in scope of IE literature, and it aims to provide new and robust insights supported by consistent empirical findings and to adopt this structural-model approach as a reference in the absence of academic consensus. Specifically, the paper examines the contribution of intrapreneurship to both the firm’s international orientation (IO) and performance in light of the IE guidelines. To this end, we examine how the EO of Portuguese exporters influences corporate performance taking into account the meditating effect of their IO on the EO – performance association through structural equation modeling. Results confirm that IO positively and significantly mediates the relationship between EO and corporate performance. EO and IO were also found to have a direct and positive effect on corporate performance. These findings confirm the relevance of intrapreneurship and international commitment to a better organisational performance and gives us empirical support to conclude that effort taken in these domains could enhance the exporters’ performance. Moreover, this study makes an empirical and theoretical contribution to the IE topic and therefore aims to be a reference to the literature in this domain.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126772179","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This Article examines how the law can help reduce retail vacancy rates in volatile urban real estate markets. Two potential drivers of high vacancy rates along retail corridors in otherwise healthy real estate markets are identified: (1) location risk, and (2) positive feedback effects. This Article suggests that local governments can pursue a nudge-based approach to encourage landlords and retail tenants, especially small business owners, to adopt percentage rent or some other form of profit-sharing to more efficiently allocate location risk. To address positive feedback effects in which each storefront vacancy increases the likelihood of an additional storefront vacancy, a case is made for slightly stronger government intervention. Current legislative responses to the problem of retail vacancy are also considered, including vacant property taxes, commercial rent control, and zoning reclassification, and the advantages and disadvantages of each are examined.
{"title":"How the Law Can Better Protect Small Business Owners against Location Risk in the Brick-and-Mortar Retail Sector","authors":"W. Bunting","doi":"10.2139/ssrn.3554435","DOIUrl":"https://doi.org/10.2139/ssrn.3554435","url":null,"abstract":"<br>This Article examines how the law can help reduce retail vacancy rates in volatile urban real estate markets. Two potential drivers of high vacancy rates along retail corridors in otherwise healthy real estate markets are identified: (1) location risk, and (2) positive feedback effects. This Article suggests that local governments can pursue a nudge-based approach to encourage landlords and retail tenants, especially small business owners, to adopt percentage rent or some other form of profit-sharing to more efficiently allocate location risk. To address positive feedback effects in which each storefront vacancy increases the likelihood of an additional storefront vacancy, a case is made for slightly stronger government intervention. Current legislative responses to the problem of retail vacancy are also considered, including vacant property taxes, commercial rent control, and zoning reclassification, and the advantages and disadvantages of each are examined.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"55 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116283536","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Dow Jones Industrial Average (DJIA), or Dow Jones, is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. Over a period of time, it has become the global standard, a key indicator of the health of the US economy (in particular) and the World economy (in general). There are other indices like the S&P 500, Russel 3000, the Nifty 50 (Indian Stock Exchange), Nikkei (Japan) etc which have become key indicators of the Economic activities of the respective nations and regions around them. There are several advantages of a benchmark indicator or index that measures a particular market, as it provides a sense of direction of where the market is headed.
In the last 7-10 years the world has seen the rapid rise of Cryptocurrency markets. Today the Global Cryptocurrency Market (GCM) is valued at greater than half a trillion US Dollars and still growing. Interestingly, no credible benchmark index or indicator has been designed for the Global Cryptocurrency Markets. Those that do exist, capture a very small portion of the market sentiment or have a specific purpose and not useful to the layman investor. This lack of a global, credible benchmark index or indicator is one of the reasons that the cryptocurrency market is seen as volatile and unstable.
This paper introduces the concept of the K-Y Index which measures the Global Cryptocurrency market by capturing maximum market sentiment possible. Firstly, we discuss the basics of a Stock market Index and why a similar Index is needed for the GCM. We will then delve into the methodologies of designing a Market Index and choose the best method that can fulfil the requirements of the K-Y Index.
We will then introduce the K-Y Index and how it is calculated. Finally, we shall conclude by discussing the possible uses of the K-Y Index.
{"title":"K-Y Index: A Dow Jones like Index for Global Cryptocurrency Markets","authors":"Kartik Hegadekatti, Yatish S G","doi":"10.2139/ssrn.3739919","DOIUrl":"https://doi.org/10.2139/ssrn.3739919","url":null,"abstract":"The Dow Jones Industrial Average (DJIA), or Dow Jones, is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States. Over a period of time, it has become the global standard, a key indicator of the health of the US economy (in particular) and the World economy (in general). There are other indices like the S&P 500, Russel 3000, the Nifty 50 (Indian Stock Exchange), Nikkei (Japan) etc which have become key indicators of the Economic activities of the respective nations and regions around them. There are several advantages of a benchmark indicator or index that measures a particular market, as it provides a sense of direction of where the market is headed.<br><br>In the last 7-10 years the world has seen the rapid rise of Cryptocurrency markets. Today the Global Cryptocurrency Market (GCM) is valued at greater than half a trillion US Dollars and still growing. Interestingly, no credible benchmark index or indicator has been designed for the Global Cryptocurrency Markets. Those that do exist, capture a very small portion of the market sentiment or have a specific purpose and not useful to the layman investor. This lack of a global, credible benchmark index or indicator is one of the reasons that the cryptocurrency market is seen as volatile and unstable. <br><br>This paper introduces the concept of the K-Y Index which measures the Global Cryptocurrency market by capturing maximum market sentiment possible. Firstly, we discuss the basics of a Stock market Index and why a similar Index is needed for the GCM. We will then delve into the methodologies of designing a Market Index and choose the best method that can fulfil the requirements of the K-Y Index.<br><br>We will then introduce the K-Y Index and how it is calculated. Finally, we shall conclude by discussing the possible uses of the K-Y Index.<br>","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115705602","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
It is a historical fact that most entrepreneurs both in small and big business ventures have failed to progress and sometimes folded up as a result of lack of knowledge of a business plan. Some of them who had the knowledge of business plan did not put it into practice. Poor writing of a business plan and outright neglect to it therefore is one of the challenges facing entrepreneurs especially, the small scale enterprises in Nigeria. The focus of this paper is to give hindsight to the writing of a good business plan and to outline a comprehensive method of writing it. The justification of this paper is that, as a road map that directs entrepreneurship operations, a good business plan is a must to any prospective venture creature which must be consulted periodically to measure the progress or otherwise of the business. The business plan shall also be edited as time progresses. This paper shall rely on the available secondary sources that treated business plan in Nigeria and beyond. Available literature revealed that most entrepreneurs do not have sufficient knowledge of business plan while few, who had written business plan, did not apply them. The study recommended that efforts shall be made to educate entrepreneurs on the importance of business plan.
{"title":"Business Plan: A Road Map for a Successful Entrepreneurship","authors":"Cynado Ezeogidi, Ngozi Philomina Ezeogidi, Uju Akpunonu","doi":"10.2139/ssrn.3563507","DOIUrl":"https://doi.org/10.2139/ssrn.3563507","url":null,"abstract":"It is a historical fact that most entrepreneurs both in small and big business ventures have failed to progress and sometimes folded up as a result of lack of knowledge of a business plan. Some of them who had the knowledge of business plan did not put it into practice. Poor writing of a business plan and outright neglect to it therefore is one of the challenges facing entrepreneurs especially, the small scale enterprises in Nigeria. The focus of this paper is to give hindsight to the writing of a good business plan and to outline a comprehensive method of writing it. The justification of this paper is that, as a road map that directs entrepreneurship operations, a good business plan is a must to any prospective venture creature which must be consulted periodically to measure the progress or otherwise of the business. The business plan shall also be edited as time progresses. This paper shall rely on the available secondary sources that treated business plan in Nigeria and beyond. Available literature revealed that most entrepreneurs do not have sufficient knowledge of business plan while few, who had written business plan, did not apply them. The study recommended that efforts shall be made to educate entrepreneurs on the importance of business plan.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115170946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The move to catalyze a global energy transition is underpinned by the collective need to limit the most severe impacts from climate change as well as fostering more sustainable economic growth. Floating photovoltaic power stations on Chinese lakes, integrated carbon capture technology on large-scale power plants in Canada, and decentralized urban wind turbines on Singaporean rooftops, are just a few examples of how the global energy transition is being fueled by radical innovation in the clean energy technology landscape (WEF 2017, Natural Resources Canada 2013, Karthikeya et. al. 2016). Bringing cutting-edge technology from the lab to the global energy market requires a supportive ecosystem: innovation must be matched by enabling technological development, market readiness to adopt disruptive technologies, local capacities to scale up new energy projects, energy policies with climate objectives, as well as sufficient and “aligned” investment capital. This article focuses specifically on the latter requirement; the characteristics of investment capital needed to support clean energy innovation. Investors are key players in the future of energy, as they must drive innovation in the financial system in order to meet the scale of capital needed to transform the energy industry. Important technological leaps in sustainable energy have been hindered by a lack of or a misalignment of investment capital (WEF 2018, Bloomberg Finance New Energy Finance 2010, Monk et al. 2015). One evident example is the severe financing shortage in commercializing novel sustainable energy technologies. This so-called “valley of death” between early-stage cleantech and full-sized deployment is the result of many causes, but a common thread among them is increasing financial risks in the energy industry, as well as opacity within the energy ecosystem (In and Monk 2018). We approach this funding shortage and widening valley of death in the energy sector from a newer perspective. We investigate underlying structural and organizational barriers in today’s capital markets, and discuss how to innovate the financial industry. Our discussion attempts to move the focus of current energy finance and investment research from a deal-by-deal perspective to a continuous process that involves asset owners, asset managers and entrepreneurs. This shift in perspective is important because “investors are often presented with a ‘deal’ rather than a historical understanding of a company, while entrepreneurs themselves are often faced with countless types of investors, from pensions and sovereigns to tax-equity providers” (In and Monk 2018, page 26). In our view, long-termism has been continuously undervalued as a key success factor, despite its strong potential to align various players in the ecosystem. Instead, asset owners and managers are often forced to rely on short-term and costly financial products and services to fund the long-term global project of energy transformation. The fin
推动全球能源转型的举措，是基于限制气候变化最严重影响以及促进更可持续的经济增长的共同需要。中国湖泊上的浮动光伏电站，加拿大大型发电厂的综合碳捕集技术，新加坡屋顶上的分散城市风力涡轮机，这些都是清洁能源技术领域的激进创新如何推动全球能源转型的几个例子(世界经济论坛2017年，加拿大自然资源2013年，Karthikeya等人2016年)。将前沿技术从实验室引入全球能源市场需要一个支持性的生态系统:创新必须与技术开发、市场对采用颠覆性技术的准备、扩大新能源项目的地方能力、具有气候目标的能源政策以及充足和“一致”的投资资本相匹配。本文主要关注后一种需求;支持清洁能源创新所需的投资资本特征。投资者是未来能源的关键参与者，因为他们必须推动金融体系的创新，以满足能源行业转型所需的资本规模。可持续能源的重要技术飞跃受到投资资本缺乏或错位的阻碍(世界经济论坛2018年，彭博财经新能源财经2010年，Monk等人2015年)。一个明显的例子是将新的可持续能源技术商业化的资金严重短缺。早期清洁技术和全面部署之间的所谓“死亡之谷”是许多原因的结果，但其中的一个共同点是能源行业日益增加的金融风险，以及能源生态系统的不透明(in和Monk 2018)。我们从一个新的角度来看待能源部门的资金短缺和死亡之谷的扩大。我们研究了当今资本市场中潜在的结构性和组织性障碍，并讨论了如何创新金融行业。我们的讨论试图将当前能源金融和投资研究的重点从逐个交易的角度转移到涉及资产所有者、资产管理公司和企业家的持续过程中。这种观点的转变很重要，因为“投资者看到的往往是一笔‘交易’，而不是对一家公司的历史了解，而企业家自己往往面临着无数类型的投资者，从养老金和主权债券到税收股权提供商”(in and Monk 2018，第26页)。在我们看来，长期主义作为成功的关键因素一直被低估，尽管它有强大的潜力使生态系统中的各种参与者保持一致。相反，资产所有者和管理者往往被迫依赖短期和昂贵的金融产品和服务，为长期的全球能源转型项目提供资金。因此，本文中描述的金融创新侧重于如何通过资产所有者和管理者之间的新协作和合作，创新投资者的治理、管理和运营，从而培养长期主义，并催化耐心和明智的长期投资资本，以支持能源创新。
{"title":"Financial Innovation for Energy Innovation","authors":"Ashby H. B. Monk, S. In","doi":"10.2139/ssrn.3559638","DOIUrl":"https://doi.org/10.2139/ssrn.3559638","url":null,"abstract":"The move to catalyze a global energy transition is underpinned by the collective need to limit the most severe impacts from climate change as well as fostering more sustainable economic growth. Floating photovoltaic power stations on Chinese lakes, integrated carbon capture technology on large-scale power plants in Canada, and decentralized urban wind turbines on Singaporean rooftops, are just a few examples of how the global energy transition is being fueled by radical innovation in the clean energy technology landscape (WEF 2017, Natural Resources Canada 2013, Karthikeya et. al. 2016). Bringing cutting-edge technology from the lab to the global energy market requires a supportive ecosystem: innovation must be matched by enabling technological development, market readiness to adopt disruptive technologies, local capacities to scale up new energy projects, energy policies with climate objectives, as well as sufficient and “aligned” investment capital. \u0000 \u0000This article focuses specifically on the latter requirement; the characteristics of investment capital needed to support clean energy innovation. Investors are key players in the future of energy, as they must drive innovation in the financial system in order to meet the scale of capital needed to transform the energy industry. Important technological leaps in sustainable energy have been hindered by a lack of or a misalignment of investment capital (WEF 2018, Bloomberg Finance New Energy Finance 2010, Monk et al. 2015). One evident example is the severe financing shortage in commercializing novel sustainable energy technologies. This so-called “valley of death” between early-stage cleantech and full-sized deployment is the result of many causes, but a common thread among them is increasing financial risks in the energy industry, as well as opacity within the energy ecosystem (In and Monk 2018). \u0000 \u0000We approach this funding shortage and widening valley of death in the energy sector from a newer perspective. We investigate underlying structural and organizational barriers in today’s capital markets, and discuss how to innovate the financial industry. Our discussion attempts to move the focus of current energy finance and investment research from a deal-by-deal perspective to a continuous process that involves asset owners, asset managers and entrepreneurs. This shift in perspective is important because “investors are often presented with a ‘deal’ rather than a historical understanding of a company, while entrepreneurs themselves are often faced with countless types of investors, from pensions and sovereigns to tax-equity providers” (In and Monk 2018, page 26). In our view, long-termism has been continuously undervalued as a key success factor, despite its strong potential to align various players in the ecosystem. Instead, asset owners and managers are often forced to rely on short-term and costly financial products and services to fund the long-term global project of energy transformation. The fin","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116685818","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Using self-made billionaire entrepreneurs in China as a proxy for large Schumpeterian entrepreneurs, we examine the impact of institutional environment quality on the longevity of such entrepreneurs. We find no evidence that property rights institutions and contracting institutions, which are found to be important in explaining macroeconomic growth and small firm growth, matter to the longevity of large Schumpeterian entrepreneurs. However, we find that access to finance matters to the longevity of large Schumpeterian entrepreneurs. Our results help better understand the relative importance of various institutional environment forces to the continuous success of large Schumpeterian entrepreneurs.
{"title":"Institutional environment quality and the longevity of billionaire entrepreneurs","authors":"B. Ke, Zengquan Li, Qing Ye","doi":"10.2139/ssrn.3097989","DOIUrl":"https://doi.org/10.2139/ssrn.3097989","url":null,"abstract":"Using self-made billionaire entrepreneurs in China as a proxy for large Schumpeterian entrepreneurs, we examine the impact of institutional environment quality on the longevity of such entrepreneurs. We find no evidence that property rights institutions and contracting institutions, which are found to be important in explaining macroeconomic growth and small firm growth, matter to the longevity of large Schumpeterian entrepreneurs. However, we find that access to finance matters to the longevity of large Schumpeterian entrepreneurs. Our results help better understand the relative importance of various institutional environment forces to the continuous success of large Schumpeterian entrepreneurs.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128435528","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this paper, we examine the relation between small and medium-sized (SMEs) capacity to access external capital and innovation in Vietnam. We find that SMEs with a high debt ratio tend to be more innovative. After controlling for several firm characteristics, long-term debt remains significantly and positively correlated with innovation. We further show that both bank loans and loans from family and friends help SMEs innovate, especially in developing new products or technologies. Overall, our paper shows that external financing plays an important role in enhancing innovation in SMEs.
{"title":"Access to Financing and Innovation in Small and Medium Enterprises in Vietnam","authors":"D. Le, H. Le, T. Pham, L. Vo","doi":"10.2139/ssrn.3450916","DOIUrl":"https://doi.org/10.2139/ssrn.3450916","url":null,"abstract":"In this paper, we examine the relation between small and medium-sized (SMEs) capacity to access external capital and innovation in Vietnam. We find that SMEs with a high debt ratio tend to be more innovative. After controlling for several firm characteristics, long-term debt remains significantly and positively correlated with innovation. We further show that both bank loans and loans from family and friends help SMEs innovate, especially in developing new products or technologies. Overall, our paper shows that external financing plays an important role in enhancing innovation in SMEs.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130921959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-12-01DOI: 10.21776/UB.JAM.2019.017.04.10
T. C. Efrata, Wed Radianto, M.A.E. Marlina
Understanding the innovation process of new product development (NPD) is expected to support the company’s sustainability. This study aims to identify the NPD innovation process in the food and beverage industry in Indonesia. The research method uses a qualitative multiple case study approach in 4 small and medium scale firms in the food and beverage industry in Indonesia. The results show that the NPD innovation process went through several stages, namely: idea generation, filtering idea, concept development, and testing, marketing development and strategy, business analysis, market testing, and commercialization. The results of this study can be used as a reference for companies on the same scale to innovate new products.
{"title":"Identification of Innovation Process on New Product Development in Small and Medium Enterprises","authors":"T. C. Efrata, Wed Radianto, M.A.E. Marlina","doi":"10.21776/UB.JAM.2019.017.04.10","DOIUrl":"https://doi.org/10.21776/UB.JAM.2019.017.04.10","url":null,"abstract":"Understanding the innovation process of new product development (NPD) is expected to support the company’s sustainability. This study aims to identify the NPD innovation process in the food and beverage industry in Indonesia. The research method uses a qualitative multiple case study approach in 4 small and medium scale firms in the food and beverage industry in Indonesia. The results show that the NPD innovation process went through several stages, namely: idea generation, filtering idea, concept development, and testing, marketing development and strategy, business analysis, market testing, and commercialization. The results of this study can be used as a reference for companies on the same scale to innovate new products.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125734957","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2019-11-20DOI: 10.35940/ijrte.d8177.118419
H. Bedi, G. Puri
The environment can be broadly described as the totality of social, ecological and economic factors that impacts the functioning of an organization and defines its strategic posture. The study explores the Environmental Uncertainty - Business Performance (EU-BP) relationship. The study applies Structure Equation Modelling on a purposive sample of 509 North Indian firms. Mediation Analysis examines the mediating role of entrepreneurial orientation in EU-BP relationship. The study reveals that environmental uncertainty negatively impacts business performance. Entrepreneurial orientation mediates in Environmental Uncertainty - Business Performance (EU-BP) relationship. The result reveals that entrepreneurial inclination equips a firm with the ability to face the uncertainty of environmental forces and to improve firm performance. The findings may help management practitioners and entrepreneurs in better strategizing the strategic posture of their firm.
{"title":"Environment Uncertainty – Business Performance Relationship: Mediating Effect of Entrepreneurial Orientation","authors":"H. Bedi, G. Puri","doi":"10.35940/ijrte.d8177.118419","DOIUrl":"https://doi.org/10.35940/ijrte.d8177.118419","url":null,"abstract":"The environment can be broadly described as the totality of social, ecological and economic factors that impacts the functioning of an organization and defines its strategic posture. The study explores the Environmental Uncertainty - Business Performance (EU-BP) relationship. The study applies Structure Equation Modelling on a purposive sample of 509 North Indian firms. Mediation Analysis examines the mediating role of entrepreneurial orientation in EU-BP relationship. The study reveals that environmental uncertainty negatively impacts business performance. Entrepreneurial orientation mediates in Environmental Uncertainty - Business Performance (EU-BP) relationship. The result reveals that entrepreneurial inclination equips a firm with the ability to face the uncertainty of environmental forces and to improve firm performance. The findings may help management practitioners and entrepreneurs in better strategizing the strategic posture of their firm.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134225493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The notion of entrepreneurial ecosystems (EEs) has garnered considerable attention in the academic discourse. However, quite often this notion is treated as just a biological metaphor that should not be taken too seriously. I challenge this view and ask in a thought experiment what could be learned from the management of natural ecosystems to assist the development of EEs. The outcome is a novel, service-based definition of EEs and five suggested principles for the management of EEs that might advance theorizing on them and future empirical analysis.
{"title":"Let’s Take the Entrepreneurial Ecosystem Metaphor Seriously!","authors":"Andreas Kuckertz","doi":"10.2139/ssrn.3422074","DOIUrl":"https://doi.org/10.2139/ssrn.3422074","url":null,"abstract":"The notion of entrepreneurial ecosystems (EEs) has garnered considerable attention in the academic discourse. However, quite often this notion is treated as just a biological metaphor that should not be taken too seriously. I challenge this view and ask in a thought experiment what could be learned from the management of natural ecosystems to assist the development of EEs. The outcome is a novel, service-based definition of EEs and five suggested principles for the management of EEs that might advance theorizing on them and future empirical analysis.","PeriodicalId":131271,"journal":{"name":"IRPN: Innovation & Entrepreneurship (Topic)","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121624765","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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