Pub Date : 2016-11-22DOI: 10.1504/IJGSB.2016.080376
M. Trigkas, Z. Andreopoulou, I. Papadopoulos, Areti Kitsouli
The aim of the present paper is to propose the development of an evaluation model about public funding in the form of state aids towards small and medium enterprises (SMEs) in Greece for the implementation of R%D and environmental projects. We argue that the proposed model could stand as an evaluation tool by the policymakers and regional and national authorities and a practical guide for investment planning by SMEs based on their emerging needs. The research methodology is based on the logical framework analysis and aims to achieve a comprehensive understanding of the design-reality gap in public funding. According to the findings, improvements in the design of state aids for R%D and environmental protection projects should include two main directions: (1) introduction of individual-specific measures in the initiatives that regard the operational framework of aids. (2) Reformation of the role of the financial system. Further analysis of measurements has confirmed that initiatives should be enacted to improve certain procedures relating to the operation of state aids additionally.
{"title":"Building an evaluation model for public funding towards SMEs for R&D and environmental oriented projects","authors":"M. Trigkas, Z. Andreopoulou, I. Papadopoulos, Areti Kitsouli","doi":"10.1504/IJGSB.2016.080376","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.080376","url":null,"abstract":"The aim of the present paper is to propose the development of an evaluation model about public funding in the form of state aids towards small and medium enterprises (SMEs) in Greece for the implementation of R%D and environmental projects. We argue that the proposed model could stand as an evaluation tool by the policymakers and regional and national authorities and a practical guide for investment planning by SMEs based on their emerging needs. The research methodology is based on the logical framework analysis and aims to achieve a comprehensive understanding of the design-reality gap in public funding. According to the findings, improvements in the design of state aids for R%D and environmental protection projects should include two main directions: (1) introduction of individual-specific measures in the initiatives that regard the operational framework of aids. (2) Reformation of the role of the financial system. Further analysis of measurements has confirmed that initiatives should be enacted to improve certain procedures relating to the operation of state aids additionally.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.080376","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886238","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 : 2016-11-22DOI: 10.1504/IJGSB.2016.080379
M. Westerlund, Diane A. Isabelle, R. Rajala, S. Leminen
Based on a sample of 3097 small firms, we investigated how Finnish entrepreneurs perceive the relationship between corporate ownership structure and growth orientation. In particular, we investigated the type of ownership that entrepreneurs would provide to different types of funders in exchange for investment. Our empirical results suggest that the more growth-oriented the firm, the more accepting the entrepreneur of funders taking ownership that allows a strategic role in the company. Conversely, entrepreneurs in non-growth-oriented firms favour investors that will finance the operations without exerting power and influencing decision-making. Further, entrepreneurs in firms that are about to cease operations, generally due to weak economic conditions, are as likely to accept strategic ownership as high-growth-oriented firms. This study contributes to the literature by confirming the link between growth orientation and ownership structure in small firms, and by highlighting variations in entrepreneurial acceptance of different types of investor ownership.
{"title":"Funders and founders: Partners in good times and in bad?","authors":"M. Westerlund, Diane A. Isabelle, R. Rajala, S. Leminen","doi":"10.1504/IJGSB.2016.080379","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.080379","url":null,"abstract":"Based on a sample of 3097 small firms, we investigated how Finnish entrepreneurs perceive the relationship between corporate ownership structure and growth orientation. In particular, we investigated the type of ownership that entrepreneurs would provide to different types of funders in exchange for investment. Our empirical results suggest that the more growth-oriented the firm, the more accepting the entrepreneur of funders taking ownership that allows a strategic role in the company. Conversely, entrepreneurs in non-growth-oriented firms favour investors that will finance the operations without exerting power and influencing decision-making. Further, entrepreneurs in firms that are about to cease operations, generally due to weak economic conditions, are as likely to accept strategic ownership as high-growth-oriented firms. This study contributes to the literature by confirming the link between growth orientation and ownership structure in small firms, and by highlighting variations in entrepreneurial acceptance of different types of investor ownership.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.080379","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886308","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 : 2016-09-03DOI: 10.1504/IJGSB.2016.078817
S. Onyeiwu, A. Ganguly
The globalisation process has foisted unexpected competitive pressures on firms across the globe. The nature of competitive pressures and firms' responses to those pressures vary across countries, regions, sectors and firm size. While there is a robust literature on the strategies used by large firms to manage competitive pressures, it is unclear how competitive pressures affect small and microenterprises (SMEs) and their strategic response to the challenges posed by globalisation. Using qualitative and quantitative evidence gathered from over 100 SMEs during a 10-year period, this paper provides insight into how small manufacturing firms in the United States respond to competitive pressures. The paper reveals that the responses have been mixed and that a majority of SMEs do not have strategic toolkits for managing competitive pressures. Using logit regressions, the paper identifies firm age and size as the most significant determinants of the ability of SMEs to survive adverse competitive shocks.
{"title":"Managing competitive pressures in the globalisation era: the case of tooling and machining in Pennsylvania","authors":"S. Onyeiwu, A. Ganguly","doi":"10.1504/IJGSB.2016.078817","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.078817","url":null,"abstract":"The globalisation process has foisted unexpected competitive pressures on firms across the globe. The nature of competitive pressures and firms' responses to those pressures vary across countries, regions, sectors and firm size. While there is a robust literature on the strategies used by large firms to manage competitive pressures, it is unclear how competitive pressures affect small and microenterprises (SMEs) and their strategic response to the challenges posed by globalisation. Using qualitative and quantitative evidence gathered from over 100 SMEs during a 10-year period, this paper provides insight into how small manufacturing firms in the United States respond to competitive pressures. The paper reveals that the responses have been mixed and that a majority of SMEs do not have strategic toolkits for managing competitive pressures. Using logit regressions, the paper identifies firm age and size as the most significant determinants of the ability of SMEs to survive adverse competitive shocks.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.078817","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886105","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 : 2016-09-03DOI: 10.1504/IJGSB.2016.078811
P. Esposito, P. Ricci
During the early 90s and in the last 30 years, researchers, scholars and professionals focussed their attention on management practices, tools and models referring to arts and cultural heritage organisations (Peacock et al., 1982; Esposito, 2013; Esposito and Ricci, 2015) as well as on the development of new and different organisational forms under pressure from the New Public Management. These studies aimed at analysing, developing and proposing different conceptual and management frameworks within a context characterised by increasing scarcity of financial resources in addition to regulatory complexity. The work aims to achieve the research objectives through an inductive/deductive research method. The purpose of this paper is to provide an analysis of the growing phenomenon represented by the 'Cultural Heritage Management' of archaeological sites, observing and discussing international strategies and innovation management of virtual museums in global competition, supporting users and different generations of users 'accessibility' to services and cultural products.
在20世纪90年代初和过去的30年里，研究人员、学者和专业人士将注意力集中在艺术和文化遗产组织的管理实践、工具和模型上(Peacock et al.， 1982;埃斯波西托,2013;埃斯波西托和里奇，2015)，以及在新公共管理的压力下发展新的和不同的组织形式。这些研究旨在分析、发展和提出不同的概念和管理框架，其特点是财政资源日益短缺，加上管理复杂。该工作旨在通过归纳/演绎的研究方法来实现研究目标。本文旨在分析以考古遗址“文化遗产管理”为代表的日益增长的现象，观察和探讨虚拟博物馆在全球竞争中的国际化战略和创新管理，支持用户和不同代用户对服务和文化产品的可及性。
{"title":"Virtual museums: international strategies and digital innovation management in global competition - an overview","authors":"P. Esposito, P. Ricci","doi":"10.1504/IJGSB.2016.078811","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.078811","url":null,"abstract":"During the early 90s and in the last 30 years, researchers, scholars and professionals focussed their attention on management practices, tools and models referring to arts and cultural heritage organisations (Peacock et al., 1982; Esposito, 2013; Esposito and Ricci, 2015) as well as on the development of new and different organisational forms under pressure from the New Public Management. These studies aimed at analysing, developing and proposing different conceptual and management frameworks within a context characterised by increasing scarcity of financial resources in addition to regulatory complexity. The work aims to achieve the research objectives through an inductive/deductive research method. The purpose of this paper is to provide an analysis of the growing phenomenon represented by the 'Cultural Heritage Management' of archaeological sites, observing and discussing international strategies and innovation management of virtual museums in global competition, supporting users and different generations of users 'accessibility' to services and cultural products.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.078811","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886056","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 : 2016-09-03DOI: 10.1504/IJGSB.2016.078788
E. Giacosa, Laura Broccardo, M. Rossi
The aim of our work is to highlight the impact of a series of company variables on the financial leverage in a medium-sized company. It permits to evaluate the effect of several decisions on the financial leverage, making them more aware. The sample is composed of all Italian medium-sized companies belong to the manufacturing food and beverage sector, extracted by Amadeus. The sample is composed of 4,705 firms, and the observed period was 2010-2011-2012-2013. It emerged a moderate correlation between liabilities and fixed assets. In addition, fixed assets have not been properly funded by permanent capital, creating probable financial tensions. In addition, we verified the company's attitude to repay debts, thanks to its core business: it emerged a strong and a moderate correlation between liabilities and revenues, decreasing each year; indeed, the core business, thanks to its attitude in generating cash, is useful to pay debts.
{"title":"The financial leverage in medium-sized companies: an Italian survey","authors":"E. Giacosa, Laura Broccardo, M. Rossi","doi":"10.1504/IJGSB.2016.078788","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.078788","url":null,"abstract":"The aim of our work is to highlight the impact of a series of company variables on the financial leverage in a medium-sized company. It permits to evaluate the effect of several decisions on the financial leverage, making them more aware. The sample is composed of all Italian medium-sized companies belong to the manufacturing food and beverage sector, extracted by Amadeus. The sample is composed of 4,705 firms, and the observed period was 2010-2011-2012-2013. It emerged a moderate correlation between liabilities and fixed assets. In addition, fixed assets have not been properly funded by permanent capital, creating probable financial tensions. In addition, we verified the company's attitude to repay debts, thanks to its core business: it emerged a strong and a moderate correlation between liabilities and revenues, decreasing each year; indeed, the core business, thanks to its attitude in generating cash, is useful to pay debts.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.078788","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886015","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 : 2016-09-03DOI: 10.1504/IJGSB.2016.078813
M. S. Nikabadi, Leila Zamani
Outsourcing is one of the most popular business strategy in the global era. Outsourcing can bring tremendous benefits to organisations, but if an outsourcing decision is not precise and factors influencing the outsourcing decision are not considered, it can also bring irreparable damage. This study is to identify and rank the factors affecting the outsourcing on the basis of strategic perspective in supply chains of small and medium manufacturing enterprises. In this study, the factors influencing the strategic outsourcing decisions were determined on the basis of prior literature. In this approach, the refinement of the parameters using factor analysis was conducted to determine the most important sub-indices, and then due to the multidimensional nature of these factors, the analytic hierarchy process technique used for the weighting of factors and fuzzy additive ratio assessment method are used for ranking sub-criteria factors influencing strategic outsourcing. The findings show that the 'quality' is the most important factor and 'management agent' is the factor with the lowest importance.
{"title":"A combination mathematical model (FA, AHP, FARAS) for ranking the effective factors on strategic outsourcing in supply chain of small and medium manufacturing enterprises","authors":"M. S. Nikabadi, Leila Zamani","doi":"10.1504/IJGSB.2016.078813","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.078813","url":null,"abstract":"Outsourcing is one of the most popular business strategy in the global era. Outsourcing can bring tremendous benefits to organisations, but if an outsourcing decision is not precise and factors influencing the outsourcing decision are not considered, it can also bring irreparable damage. This study is to identify and rank the factors affecting the outsourcing on the basis of strategic perspective in supply chains of small and medium manufacturing enterprises. In this study, the factors influencing the strategic outsourcing decisions were determined on the basis of prior literature. In this approach, the refinement of the parameters using factor analysis was conducted to determine the most important sub-indices, and then due to the multidimensional nature of these factors, the analytic hierarchy process technique used for the weighting of factors and fuzzy additive ratio assessment method are used for ranking sub-criteria factors influencing strategic outsourcing. The findings show that the 'quality' is the most important factor and 'management agent' is the factor with the lowest importance.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.078813","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886083","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 : 2016-09-03DOI: 10.1504/IJGSB.2016.078821
Preecha Chaochotechuang, S. Mariano
This paper investigates the state of practice of product innovation management in the new product development (NPD) process in Thai food and beverage small and medium enterprises (SMEs). These SMEs play a major role in the Thai economy and yet little is known about their innovation management for NPD. Inspired by a relevant existing theoretical model, the current exploratory research collects data from 20 case organisations. Results reveal that: (1) top executives are mainly responsible for NPD projects; (2) barriers to developing products include lack of technology, financial resources, workforce's skills, and restrictive local laws; (3) to overcome these barriers and also to enhance their competitiveness, SMEs mainly adopt networking, resource-based, knowledge-based, open innovation, and technology buy/make strategies. We discuss these findings, provide implications for theory and practice, and suggest future research directions.
{"title":"Alignment of new product development and product innovation strategies: a case study of Thai food and beverage SMEs","authors":"Preecha Chaochotechuang, S. Mariano","doi":"10.1504/IJGSB.2016.078821","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.078821","url":null,"abstract":"This paper investigates the state of practice of product innovation management in the new product development (NPD) process in Thai food and beverage small and medium enterprises (SMEs). These SMEs play a major role in the Thai economy and yet little is known about their innovation management for NPD. Inspired by a relevant existing theoretical model, the current exploratory research collects data from 20 case organisations. Results reveal that: (1) top executives are mainly responsible for NPD projects; (2) barriers to developing products include lack of technology, financial resources, workforce's skills, and restrictive local laws; (3) to overcome these barriers and also to enhance their competitiveness, SMEs mainly adopt networking, resource-based, knowledge-based, open innovation, and technology buy/make strategies. We discuss these findings, provide implications for theory and practice, and suggest future research directions.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.078821","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886164","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 : 2016-05-12DOI: 10.1504/IJGSB.2016.076461
M. Steinrücke, W. Albrecht
Start-up companies increasingly depend on inter-organisational relations. To ensure sustainable market success of entrepreneurs, it can be advisable to cooperate with existing value-adding structures, such as dynamic networks. The latter adapt flexibly to changing market situations and high competition on a medium-term scale. In this paper, the authors evaluate the benefits of temporary network integration on the basis of commonly gained profits. For this purpose, they develop a mixed-integer linear programming model, which is extended to analyse the integration of one or more facilities of a start-up company. Cooperation requires that entrepreneurs and network managers coordinate the availability of their facilities and capacities, their operations and the material flows to meet the given demand. In this context, the authors do not only consider decisions about the advantage of integration, but they also calculate two different threshold levels determining those product quantities that can be maximally fed into the network by the new partner. Finally, a numerical study is presented. Structural relationships and optimal solutions are depicted for a small problem instance. A scenario analysis with randomly generated data is used to show that satisfying solutions can be obtained for problem instances with realistic settings in acceptable computation times.
{"title":"Quantitative decision support for network integration of start-up companies","authors":"M. Steinrücke, W. Albrecht","doi":"10.1504/IJGSB.2016.076461","DOIUrl":"https://doi.org/10.1504/IJGSB.2016.076461","url":null,"abstract":"Start-up companies increasingly depend on inter-organisational relations. To ensure sustainable market success of entrepreneurs, it can be advisable to cooperate with existing value-adding structures, such as dynamic networks. The latter adapt flexibly to changing market situations and high competition on a medium-term scale. In this paper, the authors evaluate the benefits of temporary network integration on the basis of commonly gained profits. For this purpose, they develop a mixed-integer linear programming model, which is extended to analyse the integration of one or more facilities of a start-up company. Cooperation requires that entrepreneurs and network managers coordinate the availability of their facilities and capacities, their operations and the material flows to meet the given demand. In this context, the authors do not only consider decisions about the advantage of integration, but they also calculate two different threshold levels determining those product quantities that can be maximally fed into the network by the new partner. Finally, a numerical study is presented. Structural relationships and optimal solutions are depicted for a small problem instance. A scenario analysis with randomly generated data is used to show that satisfying solutions can be obtained for problem instances with realistic settings in acceptable computation times.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/IJGSB.2016.076461","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66885995","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 : 2016-05-12DOI: 10.1504/ijgsb.2016.076447
Maman Setiawan, Rina Indiastuti, D. Indrawati, N. Effendi
This research investigates the technical efficiency of the micro, small, and medium enterprises (SMEs) in Bandung city as well as investigating the effect of environmental factors on the technical efficiency. The competition and the size of the SMEs are used to measure the environmental factors. This research uses field survey data collected from SMEs operating in Bandung city. Three-stage approach is used in this research. At the first stage, this research applies the data envelopment analysis (DEA) to estimate technical efficiency. At the second stage, this research employs the slack-based approach to estimate the effect of environmental factors on the technical efficiency. At the last stage, the technical efficiency is estimated using the DEA with the adjusted inputs derived from the second stage. This research finds that a significant improvement of the technical efficiency occurs after taking into account the competition and the size of the SMEs. This research also reveals that competition only affects significantly the capital slack. Further, the size of the SMEs affects significantly the slacks of all input variables.
{"title":"Technical efficiency and environmental factors of the micro, small, and medium enterprises in Bandung city: a slack-based approach","authors":"Maman Setiawan, Rina Indiastuti, D. Indrawati, N. Effendi","doi":"10.1504/ijgsb.2016.076447","DOIUrl":"https://doi.org/10.1504/ijgsb.2016.076447","url":null,"abstract":"This research investigates the technical efficiency of the micro, small, and medium enterprises (SMEs) in Bandung city as well as investigating the effect of environmental factors on the technical efficiency. The competition and the size of the SMEs are used to measure the environmental factors. This research uses field survey data collected from SMEs operating in Bandung city. Three-stage approach is used in this research. At the first stage, this research applies the data envelopment analysis (DEA) to estimate technical efficiency. At the second stage, this research employs the slack-based approach to estimate the effect of environmental factors on the technical efficiency. At the last stage, the technical efficiency is estimated using the DEA with the adjusted inputs derived from the second stage. This research finds that a significant improvement of the technical efficiency occurs after taking into account the competition and the size of the SMEs. This research also reveals that competition only affects significantly the capital slack. Further, the size of the SMEs affects significantly the slacks of all input variables.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/ijgsb.2016.076447","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886335","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 : 2016-05-12DOI: 10.1504/ijgsb.2016.076442
Maribel Franco, M. Lucas
The objective of this study is to explore in-depth the interface between family management of small and medium-sized enterprises (SMEs) and specific dimensions of organisational culture in this kind of firm. In this way, the paper aims to understand how these two topics are interrelated and mutually dependent. To achieve this purpose, we used a qualitative and exploratory approach based on eight SMEs (cases) in Portugal, simultaneously considered as family businesses. The results showed that the management and organisational culture of family SMEs are greatly determined by the owner-manager. More precisely, we conclude that in the cultural behaviour found in the cases studied, despite the very particular characteristics of these family-structured firms, the six dimensions of organisational culture proposed by Hofstede are present, i.e., this business sector is ruled by unique values and characteristics. Some theoretical and practical implications are also discussed.
{"title":"Family management of SMEs: an organisational culture perspective","authors":"Maribel Franco, M. Lucas","doi":"10.1504/ijgsb.2016.076442","DOIUrl":"https://doi.org/10.1504/ijgsb.2016.076442","url":null,"abstract":"The objective of this study is to explore in-depth the interface between family management of small and medium-sized enterprises (SMEs) and specific dimensions of organisational culture in this kind of firm. In this way, the paper aims to understand how these two topics are interrelated and mutually dependent. To achieve this purpose, we used a qualitative and exploratory approach based on eight SMEs (cases) in Portugal, simultaneously considered as family businesses. The results showed that the management and organisational culture of family SMEs are greatly determined by the owner-manager. More precisely, we conclude that in the cultural behaviour found in the cases studied, despite the very particular characteristics of these family-structured firms, the six dimensions of organisational culture proposed by Hofstede are present, i.e., this business sector is ruled by unique values and characteristics. Some theoretical and practical implications are also discussed.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2016-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/ijgsb.2016.076442","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886292","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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