This paper examines if and how mass media enhances entrepreneurial activities. Specifically, we use the staggered introduction of the television show Dragons’ Den, also known as Shark Tank, across countries to analyze the impact of mass media on entrepreneurial activity. The show consists of entrepreneurial contestants that present their business idea to investors. We hypothesize that viewers get motivated by the show to start their own business and can learn how to develop and present business ideas to investors by observing successful and unsuccessful pitches on the show. Our results show a significant short-term increase of around 14.6% (~ 18 per 100.000 capita) in the number of new firms in the first year after the show starts to air.
{"title":"Does Shark Tank Enhance Entrepreneurial Activities?","authors":"Caspar David Peter, Jochen Pierk","doi":"10.2139/ssrn.3657391","DOIUrl":"https://doi.org/10.2139/ssrn.3657391","url":null,"abstract":"This paper examines if and how mass media enhances entrepreneurial activities. Specifically, we use the staggered introduction of the television show Dragons’ Den, also known as Shark Tank, across countries to analyze the impact of mass media on entrepreneurial activity. The show consists of entrepreneurial contestants that present their business idea to investors. We hypothesize that viewers get motivated by the show to start their own business and can learn how to develop and present business ideas to investors by observing successful and unsuccessful pitches on the show. Our results show a significant short-term increase of around 14.6% (~ 18 per 100.000 capita) in the number of new firms in the first year after the show starts to air.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"201 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134409928","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}
Research Summary Imitation is ubiquitous, yet the comparative efficacy of imitation strategies is poorly understood. A popular imitation strategy, sometimes called benchmarking, “mixes‐and‐matches” practices common to leading firms. Using computational models, we compare benchmarking with the “copy‐the‐best” imitation strategy of copying a subset of the best‐performing firm's practices. We find that benchmarking is more effective in heterogeneous environments, where practices that are good for firms in one group (e.g., geographic submarket) may be bad for firms in another. Firms using mix‐and‐match tend to imitate practices of rivals within their group, less likely copying inappropriate practices from other groups. In homogeneous environments, however, the “copy‐the‐best” strategy is superior because firms are more likely to go beyond their group and copy novel good practices from rivals in other groups. Managerial Summary Mix‐and‐match imitation, popularly known as benchmarking, is believed to be an effective means of enhancing firm performance. The popular press is replete with how‐to books for managers. However, our results suggest that this belief may be wrong under some industry conditions, in particular, where practices that are good for firms in one group (e.g., geographic submarket) are also good for firms in another. The efficacy of benchmarking is likely to be undermined by fads, fashions, and bandwagons that overemphasize practices common to leading firms. Our study highlights the possibility that, under these conditions, imitating common practices is prone to propagate bad practices and widespread practices may not always be good practices.
{"title":"A Contingency Perspective on Imitation Strategies: When Is 'Benchmarking' Ineffective?","authors":"Hart E. Posen, Sangyoon Yi, Jehong Lee","doi":"10.1002/smj.3101","DOIUrl":"https://doi.org/10.1002/smj.3101","url":null,"abstract":"Research Summary Imitation is ubiquitous, yet the comparative efficacy of imitation strategies is poorly understood. A popular imitation strategy, sometimes called benchmarking, “mixes‐and‐matches” practices common to leading firms. Using computational models, we compare benchmarking with the “copy‐the‐best” imitation strategy of copying a subset of the best‐performing firm's practices. We find that benchmarking is more effective in heterogeneous environments, where practices that are good for firms in one group (e.g., geographic submarket) may be bad for firms in another. Firms using mix‐and‐match tend to imitate practices of rivals within their group, less likely copying inappropriate practices from other groups. In homogeneous environments, however, the “copy‐the‐best” strategy is superior because firms are more likely to go beyond their group and copy novel good practices from rivals in other groups. Managerial Summary Mix‐and‐match imitation, popularly known as benchmarking, is believed to be an effective means of enhancing firm performance. The popular press is replete with how‐to books for managers. However, our results suggest that this belief may be wrong under some industry conditions, in particular, where practices that are good for firms in one group (e.g., geographic submarket) are also good for firms in another. The efficacy of benchmarking is likely to be undermined by fads, fashions, and bandwagons that overemphasize practices common to leading firms. Our study highlights the possibility that, under these conditions, imitating common practices is prone to propagate bad practices and widespread practices may not always be good practices.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128435625","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}
We explore how institutional quality moderates the effectiveness of privatization on entrepreneurs’ sales performance. To do this, we blend agency theory and entrepreneurial cognition theory with insights from institutional economics to develop a model of emerging market venture performance. Using data from the World Bank’s Enterprise Survey of entrepreneurs in China, our results suggest that private-owned enterprises (POEs) outperform state-owned enterprises (SOEs) but only in environments with high-quality market institutions. In environments with low-quality market institutions, SOEs outperform POEs. These findings suggest that the effectiveness of privatization on entrepreneurial performance is context-specific, which reveals more nuance than previously has been attributed.
{"title":"Privatization and Entrepreneurial Performance in an Emerging Market: The Moderating Effect of Institutional Quality","authors":"C. Boudreaux","doi":"10.2139/ssrn.3313444","DOIUrl":"https://doi.org/10.2139/ssrn.3313444","url":null,"abstract":"We explore how institutional quality moderates the effectiveness of privatization on entrepreneurs’ sales performance. To do this, we blend agency theory and entrepreneurial cognition theory with insights from institutional economics to develop a model of emerging market venture performance. Using data from the World Bank’s Enterprise Survey of entrepreneurs in China, our results suggest that private-owned enterprises (POEs) outperform state-owned enterprises (SOEs) but only in environments with high-quality market institutions. In environments with low-quality market institutions, SOEs outperform POEs. These findings suggest that the effectiveness of privatization on entrepreneurial performance is context-specific, which reveals more nuance than previously has been attributed.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126257806","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}
Initial coin offerings (ICOs), sales of cryptocurrency tokens to the general public, have recently been used as a source of crowdfunding for startups in the technology and blockchain industries. We create a dataset on 4,003 executed and planned ICOs, which raised a total of $12 billion in capital, nearly all since January 2017. We find evidence of significant ICO underpricing, with average returns of 179% from the ICO price to the first day’s opening market price, over a holding period that averages just 16 days. Even after imputing returns of -100% to ICOs that don’t list their tokens within 60 days and adjusting for the returns of the asset class, the representative ICO investor earns 82%. After trading begins, tokens continue to appreciate in price, generating average buy-and-hold abnormal returns of 48% in the first 30 trading days. We also study the determinants of ICO underpricing and relate cryptocurrency prices to Twitter followers and activity. While our results could be an indication of bubbles, they are also consistent with high compensation for risk for investing in unproven pre-revenue platforms through unregulated offerings.
{"title":"Digital Tulips? Returns to Investors in Initial Coin Offerings","authors":"Hugo E Benedetti, Leonard Kostovetsky","doi":"10.2139/SSRN.3182169","DOIUrl":"https://doi.org/10.2139/SSRN.3182169","url":null,"abstract":"Initial coin offerings (ICOs), sales of cryptocurrency tokens to the general public, have recently been used as a source of crowdfunding for startups in the technology and blockchain industries. We create a dataset on 4,003 executed and planned ICOs, which raised a total of $12 billion in capital, nearly all since January 2017. We find evidence of significant ICO underpricing, with average returns of 179% from the ICO price to the first day’s opening market price, over a holding period that averages just 16 days. Even after imputing returns of -100% to ICOs that don’t list their tokens within 60 days and adjusting for the returns of the asset class, the representative ICO investor earns 82%. After trading begins, tokens continue to appreciate in price, generating average buy-and-hold abnormal returns of 48% in the first 30 trading days. We also study the determinants of ICO underpricing and relate cryptocurrency prices to Twitter followers and activity. While our results could be an indication of bubbles, they are also consistent with high compensation for risk for investing in unproven pre-revenue platforms through unregulated offerings.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133009274","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}
Ross Brown, José M. Liñares‐Zegarra, John O. S. Wilson
The UK vote to leave the European Union (Brexit) in June 2016, was an unparalleled political event with potentially seismic consequences for the economy. Using data from a UK government survey of approximately 10,000 SMEs, this paper investigates which SMEs are most concerned by Brexit and the likely impact of this event on their (self-reported) strategic future intentions related to accessing finance, growth, innovation and capital expenditure. The results of a descriptive analysis suggest that larger, innovative, export-oriented SMEs and those operating in business services perceive Brexit as a major obstacle to the success of their business. The results of a regression based analysis suggest Brexit could potentially result in weaker growth, lower levels of innovation, reduced capital investment and lower access to external finance, especially for innovative and export-oriented SMEs. Importantly, Brexit may have the most significant negative repercussions for the SMEs often viewed as the largest contributors to long-term productivity growth.
{"title":"What Happens If the Rules Change? The Impact of Brexit on the Future Strategic Intentions of UK SMEs","authors":"Ross Brown, José M. Liñares‐Zegarra, John O. S. Wilson","doi":"10.2139/ssrn.3066614","DOIUrl":"https://doi.org/10.2139/ssrn.3066614","url":null,"abstract":"The UK vote to leave the European Union (Brexit) in June 2016, was an unparalleled political event with potentially seismic consequences for the economy. Using data from a UK government survey of approximately 10,000 SMEs, this paper investigates which SMEs are most concerned by Brexit and the likely impact of this event on their (self-reported) strategic future intentions related to accessing finance, growth, innovation and capital expenditure. The results of a descriptive analysis suggest that larger, innovative, export-oriented SMEs and those operating in business services perceive Brexit as a major obstacle to the success of their business. The results of a regression based analysis suggest Brexit could potentially result in weaker growth, lower levels of innovation, reduced capital investment and lower access to external finance, especially for innovative and export-oriented SMEs. Importantly, Brexit may have the most significant negative repercussions for the SMEs often viewed as the largest contributors to long-term productivity growth.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129902344","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}
R. Fini, Monica Bartolini, Stefano Benigni, P. Ciancarini, Angelo Di Iorio, Alan R. Johnson, Marcello M. Mariani, S. Peroni, Francesco Poggi, Einar Rasmussen, R. Silvi, M. Sobrero, L. Toschi
Digital technologies and their applications are systematically altering established practices and making new ones emerge in different realms of society. Research in social sciences in general and management in particular is no exception, and several examples that span a variety of fields are coming into the spotlight not only from scholarly communities but also the popular press. To join this conversation, in this chapter we focus on how management and entrepreneurship research can benefit from ICT technologies and data science protocols. First, we discuss recent trends in management and data science research to identify some commonalities. Second, we combine both perspectives and present some evidence arising from different collaborative projects addressing: university-industry collaborations, the impact of technology-based activities, the measurement of scientific productivity, as well as performance measurement and business analytics. Implications for collaborative practices in entrepreneurship research are discussed.
{"title":"Collaborative Practices and Multidisciplinary Research: The Dialogue Between Entrepreneurship, Management and Data Science","authors":"R. Fini, Monica Bartolini, Stefano Benigni, P. Ciancarini, Angelo Di Iorio, Alan R. Johnson, Marcello M. Mariani, S. Peroni, Francesco Poggi, Einar Rasmussen, R. Silvi, M. Sobrero, L. Toschi","doi":"10.2139/ssrn.3081354","DOIUrl":"https://doi.org/10.2139/ssrn.3081354","url":null,"abstract":"Digital technologies and their applications are systematically altering established practices and making new ones emerge in different realms of society. Research in social sciences in general and management in particular is no exception, and several examples that span a variety of fields are coming into the spotlight not only from scholarly communities but also the popular press. To join this conversation, in this chapter we focus on how management and entrepreneurship research can benefit from ICT technologies and data science protocols. First, we discuss recent trends in management and data science research to identify some commonalities. Second, we combine both perspectives and present some evidence arising from different collaborative projects addressing: university-industry collaborations, the impact of technology-based activities, the measurement of scientific productivity, as well as performance measurement and business analytics. Implications for collaborative practices in entrepreneurship research are discussed.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128578660","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 paper sheds light on how non-profit organizations can aid economic development by supporting the emergence of markets and industries in developing country contexts. We qualitatively examine archival data on the development of two industries: grain-storage metal silos in Central America during the late 1900s where nonprofits “seeded” new firms, and mobile money in Africa during the early 2000s where non-profits “transplanted” an established firm into Africa. Our comparison of these cases reveals two key findings. We find that either non-profits or firms can accomplish some activities, while other activities are undertaken only by non-profits. We also find that both nonprofits and firms circumvent institutional voids–that is they devise solutions that allow the focal industry to function while not necessarily providing a solution for the economy as a whole. We highlight opportunities for integrating institutional theory, organizational economics, and theories of industry and technology evolution to better understand how nonprofits and firms can work together to develop industries in underserved regions that have traditionally lacked strong institutions.
{"title":"A Time and a Place: Non-Profit Engagement in the Creation of Markets and Industry Emergence","authors":"Sonali K. Shah, Rajshree Agarwal, S. Sonka","doi":"10.2139/ssrn.2959714","DOIUrl":"https://doi.org/10.2139/ssrn.2959714","url":null,"abstract":"This paper sheds light on how non-profit organizations can aid economic development by supporting the emergence of markets and industries in developing country contexts. We qualitatively examine archival data on the development of two industries: grain-storage metal silos in Central America during the late 1900s where nonprofits “seeded” new firms, and mobile money in Africa during the early 2000s where non-profits “transplanted” an established firm into Africa. Our comparison of these cases reveals two key findings. We find that either non-profits or firms can accomplish some activities, while other activities are undertaken only by non-profits. We also find that both nonprofits and firms circumvent institutional voids–that is they devise solutions that allow the focal industry to function while not necessarily providing a solution for the economy as a whole. We highlight opportunities for integrating institutional theory, organizational economics, and theories of industry and technology evolution to better understand how nonprofits and firms can work together to develop industries in underserved regions that have traditionally lacked strong institutions.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134593304","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 : 2016-04-16DOI: 10.21125/EDULEARN.2016.1490
Ani Matei, Carmen Săvulescu, C. Antonovici
The content and scope of social innovation are ongoing development and diversification. The learning technologies and models incurred by social innovation become the necessary support of social innovation. The paradigm of this context consists in the fact that the educational technologies represent processes of social innovation. The current paper aims to highlight, in synthesis, relevant issues concerning education for social innovation and to substantiate, the extended FAL model. FAL model represents the synergy of three processes, indispensable to social innovation: accountability (A), learning (L) and feedback (F), being developed in the framework of the European research project: Learning from Innovation in Public Sector Environments (LIPSE). Sustainability and transferability of the initiatives of social innovation could be added to those processes. The extended FAL model will have the design necessary to a new approach of education for innovation, usable especially in higher education institutions. Based on a cybernetic learning system or an adaptive system, modeling and description will start from the idea that organizational learning is a social affair, and therefore it valorizes the outcomes and impact of social learning. At the same time, organizational learning is considered a combination between knowledge and behaviour, with characteristics deriving from the specificity of public organizations. For FAL model, accountability is important also due to its public characteristics. For the social environment, the sustainability and transferability of social innovation become important in the context of the contemporary social changes and transformations. The research methodology will use systemic modeling, bibliographic syntheses, empirical researches of initiatives of social innovation from various European programmes. Herewith, we refer to development initiatives/projects of local communities, awarded at European level. The best practices will result from juxtaposition of extended FAL model over the structure and contents of those initiatives.
{"title":"Education for Social Innovation: FAL Model and Transfer of Best Practices","authors":"Ani Matei, Carmen Săvulescu, C. Antonovici","doi":"10.21125/EDULEARN.2016.1490","DOIUrl":"https://doi.org/10.21125/EDULEARN.2016.1490","url":null,"abstract":"The content and scope of social innovation are ongoing development and diversification. The learning technologies and models incurred by social innovation become the necessary support of social innovation. \u0000The paradigm of this context consists in the fact that the educational technologies represent processes of social innovation. \u0000The current paper aims to highlight, in synthesis, relevant issues concerning education for social innovation and to substantiate, the extended FAL model. \u0000FAL model represents the synergy of three processes, indispensable to social innovation: accountability (A), learning (L) and feedback (F), being developed in the framework of the European research project: Learning from Innovation in Public Sector Environments (LIPSE). \u0000Sustainability and transferability of the initiatives of social innovation could be added to those processes. \u0000The extended FAL model will have the design necessary to a new approach of education for innovation, usable especially in higher education institutions. \u0000Based on a cybernetic learning system or an adaptive system, modeling and description will start from the idea that organizational learning is a social affair, and therefore it valorizes the outcomes and impact of social learning. \u0000At the same time, organizational learning is considered a combination between knowledge and behaviour, with characteristics deriving from the specificity of public organizations. \u0000For FAL model, accountability is important also due to its public characteristics. \u0000For the social environment, the sustainability and transferability of social innovation become important in the context of the contemporary social changes and transformations. \u0000The research methodology will use systemic modeling, bibliographic syntheses, empirical researches of initiatives of social innovation from various European programmes. Herewith, we refer to development initiatives/projects of local communities, awarded at European level. The best practices will result from juxtaposition of extended FAL model over the structure and contents of those initiatives.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"66 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128498340","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 paper reviews the literature on internationalization process of international new ventures (or born global firms) which internationalize its operations much early in their journey, and in some cases right from inception. Internationalization behaviors of these firms do not match with the explanation of internationalization processes, explained by traditional internationalization theories. These firms internationalize at a much accelerated rate compared to internationalization pace of large firms. This paper discusses the factors which influences internationalization of these firms. A framework highlighting the relationship between the important factors and the dimensions of internationalization of international new ventures is also discussed.
{"title":"The Phenomenon of International New Ventures: A Review","authors":"S. Sinha","doi":"10.2139/ssrn.2462063","DOIUrl":"https://doi.org/10.2139/ssrn.2462063","url":null,"abstract":"This paper reviews the literature on internationalization process of international new ventures (or born global firms) which internationalize its operations much early in their journey, and in some cases right from inception. Internationalization behaviors of these firms do not match with the explanation of internationalization processes, explained by traditional internationalization theories. These firms internationalize at a much accelerated rate compared to internationalization pace of large firms. This paper discusses the factors which influences internationalization of these firms. A framework highlighting the relationship between the important factors and the dimensions of internationalization of international new ventures is also discussed.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117164525","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 contribution of this article consists on building on the types of innovation mechanisms in Living Lab networks (Leminen, Westerlund, & Nystrom, 2012; Leminen, 2013) by relating each type to a different theoretical innovation logic (methods for creativity; social innovation; open innovation; user innovation). Each logic is related to a different type of localized space of collective innovation (Fab Labs, co-creation spaces, coworking spaces and hackerspaces) and participants’ motivation to collaborate. The literature review on the main characteristics of each logic and the corresponding motivations of participants provide some guidelines for Living Lab practitioners about how to motivate participants in the different modes of “Living Labbing”.
{"title":"How Can Living Labs Enhance the Participants’ Motivation in Different Types of Innovation Activities?","authors":"Ignasi Capdevila","doi":"10.2139/ssrn.2502795","DOIUrl":"https://doi.org/10.2139/ssrn.2502795","url":null,"abstract":"The contribution of this article consists on building on the types of innovation mechanisms in Living Lab networks (Leminen, Westerlund, & Nystrom, 2012; Leminen, 2013) by relating each type to a different theoretical innovation logic (methods for creativity; social innovation; open innovation; user innovation). Each logic is related to a different type of localized space of collective innovation (Fab Labs, co-creation spaces, coworking spaces and hackerspaces) and participants’ motivation to collaborate. The literature review on the main characteristics of each logic and the corresponding motivations of participants provide some guidelines for Living Lab practitioners about how to motivate participants in the different modes of “Living Labbing”.","PeriodicalId":321365,"journal":{"name":"ERPN: Other Entrepreneurship","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121644442","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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