Pub Date : 2021-01-01DOI: 10.1504/IJGSB.2021.10036823
Rym Bouderbala
{"title":"Growth dynamics and emotions in limited growth and a non-structured family business group: the case of Tunisia","authors":"Rym Bouderbala","doi":"10.1504/IJGSB.2021.10036823","DOIUrl":"https://doi.org/10.1504/IJGSB.2021.10036823","url":null,"abstract":"","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66887003","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 : 2021-01-01DOI: 10.1504/ijgsb.2021.10039645
R. F. Souza, P. Belfiore, Nuno Manoel Martins Dias Fouto, Marco Aurélio dos Santos, Luiz Paulo Fávero
{"title":"Determinants of credit access of small and medium enterprises in emerging economies: evidence from the World Bank enterprise surveys","authors":"R. F. Souza, P. Belfiore, Nuno Manoel Martins Dias Fouto, Marco Aurélio dos Santos, Luiz Paulo Fávero","doi":"10.1504/ijgsb.2021.10039645","DOIUrl":"https://doi.org/10.1504/ijgsb.2021.10039645","url":null,"abstract":"","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66887191","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 : 2021-01-01DOI: 10.1504/IJGSB.2021.113880
H. Na, M. Erogul
{"title":"A global review of female entrepreneurial finance","authors":"H. Na, M. Erogul","doi":"10.1504/IJGSB.2021.113880","DOIUrl":"https://doi.org/10.1504/IJGSB.2021.113880","url":null,"abstract":"","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66887741","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 : 2021-01-01DOI: 10.1504/IJGSB.2021.10036819
L. Tarquinio, Patrizia Di Tullio
{"title":"The business model for small and medium-sized enterprises - a systematic literature review","authors":"L. Tarquinio, Patrizia Di Tullio","doi":"10.1504/IJGSB.2021.10036819","DOIUrl":"https://doi.org/10.1504/IJGSB.2021.10036819","url":null,"abstract":"","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66886989","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 : 2021-01-01DOI: 10.1504/IJGSB.2021.113869
S. Poggesi, Michela Mari, L. Vita
{"title":"Antecedents and consequences of work-family conflicts: Italian women entrepreneurs' experiences","authors":"S. Poggesi, Michela Mari, L. Vita","doi":"10.1504/IJGSB.2021.113869","DOIUrl":"https://doi.org/10.1504/IJGSB.2021.113869","url":null,"abstract":"","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66887676","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 : 2020-09-28DOI: 10.1504/ijgsb.2020.10029812
Vladi Finotto, Christine Mauracher
The diffusion of digital instruments as means to communicate and sell products and services attracted the interest of academics and professionals in recent years. Digital marketing strategies are seen as beneficial in the wine industry, especially for small wineries, given the richness they allow in the communication of products and terroirs, their purported affordability vis-a-vis traditional marketing strategies, and the access they provide to international markets. Consensus on the importance of digital marketing is high, but the reality is sober: many wineries are lagging behind in adopting digital tools. Based on an exploratory study of 113 small and medium sized Italian wineries, the paper identifies organisational factors that influence the use of digital tools in marketing strategies: size, familiarity with various areas of digital marketing, number of employees and longevity of the firm.
{"title":"DIGITAL MARKETING STRATEGIES IN THE ITALIAN WINE SECTOR","authors":"Vladi Finotto, Christine Mauracher","doi":"10.1504/ijgsb.2020.10029812","DOIUrl":"https://doi.org/10.1504/ijgsb.2020.10029812","url":null,"abstract":"The diffusion of digital instruments as means to communicate and sell products and services attracted the interest of academics and professionals in recent years. Digital marketing strategies are seen as beneficial in the wine industry, especially for small wineries, given the richness they allow in the communication of products and terroirs, their purported affordability vis-a-vis traditional marketing strategies, and the access they provide to international markets. Consensus on the importance of digital marketing is high, but the reality is sober: many wineries are lagging behind in adopting digital tools. Based on an exploratory study of 113 small and medium sized Italian wineries, the paper identifies organisational factors that influence the use of digital tools in marketing strategies: size, familiarity with various areas of digital marketing, number of employees and longevity of the firm.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42462540","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 : 2020-09-22DOI: 10.1504/ijgsb.2020.110811
L. Pacheco
The objective of this paper is to examine the relationship between the firms’ ownership and control structure, in particular the presence of foreign capital, and its profitability. The relation between profitability and ownership and control structure is a topic less studied in the literature. This paper uses a balanced panel data of 5.722 firms for the period 2010–2017, researching if the presence of foreign capital influences financial performance. Possible nonlinear effects or moderating and interaction roles between variables are also tested. Our results evidence that, despite foreign firms’ higher levels of profitability, the degree of foreign ownership and institutional difference generally showed a non-significant relation with profitability. Nevertheless, there seems to exists a nonlinear relation between the development level of the country of origin of the share capital and profitability, with the results indicating that firms with share capital originated from more advanced countries attain a higher financial performance.
{"title":"The impact of foreign capital on profitability: the case of Portuguese manufacturing SMEs","authors":"L. Pacheco","doi":"10.1504/ijgsb.2020.110811","DOIUrl":"https://doi.org/10.1504/ijgsb.2020.110811","url":null,"abstract":"The objective of this paper is to examine the relationship between the firms’ ownership and control structure, in particular the presence of foreign capital, and its profitability. The relation between profitability and ownership and control structure is a topic less studied in the literature. This paper uses a balanced panel data of 5.722 firms for the period 2010–2017, researching if the presence of foreign capital influences financial performance. Possible nonlinear effects or moderating and interaction roles between variables are also tested. Our results evidence that, despite foreign firms’ higher levels of profitability, the degree of foreign ownership and institutional difference generally showed a non-significant relation with profitability. Nevertheless, there seems to exists a nonlinear relation between the development level of the country of origin of the share capital and profitability, with the results indicating that firms with share capital originated from more advanced countries attain a higher financial performance.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1504/ijgsb.2020.110811","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41744378","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 : 2020-08-28DOI: 10.1504/ijgsb.2020.10031680
Haniff Ahamat, Nasarudin Bin Abdul Rahman, Milyan Risydan Al Anshori
Powerful buyers have become a problem stifling the market presence of micro, small and medium businesses. Their power in both upstream and downstream markets may allow them to manipulate prices or output. The authors look at whether competition law can address such problem particularly in Malaysia. They use monopsony as the theoretical framework and find that the Malaysian Competition Act 2010 can only be used indirectly against the conduct of powerful buyers due to the lack of express reference to the term monopsony. The existing rules are more often operationalised on the supply side rather than the demand side, making proving the anti-competitive conduct of those buyers difficult. In Indonesia, the main competition legislation i.e. the Law No. 5 of 1999 can be directly used but proving legal violation is also difficult. However, Indonesia has a specific law that protects small sellers from powerful buyers' use of their market power.
{"title":"Monopsony, powerful buyers and small sellers: analysis of Malaysian competition law and lessons learnt from Indonesia","authors":"Haniff Ahamat, Nasarudin Bin Abdul Rahman, Milyan Risydan Al Anshori","doi":"10.1504/ijgsb.2020.10031680","DOIUrl":"https://doi.org/10.1504/ijgsb.2020.10031680","url":null,"abstract":"Powerful buyers have become a problem stifling the market presence of micro, small and medium businesses. Their power in both upstream and downstream markets may allow them to manipulate prices or output. The authors look at whether competition law can address such problem particularly in Malaysia. They use monopsony as the theoretical framework and find that the Malaysian Competition Act 2010 can only be used indirectly against the conduct of powerful buyers due to the lack of express reference to the term monopsony. The existing rules are more often operationalised on the supply side rather than the demand side, making proving the anti-competitive conduct of those buyers difficult. In Indonesia, the main competition legislation i.e. the Law No. 5 of 1999 can be directly used but proving legal violation is also difficult. However, Indonesia has a specific law that protects small sellers from powerful buyers' use of their market power.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45269458","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 : 2020-08-28DOI: 10.1504/ijgsb.2020.10031681
A. Cicchiello, Daniele Leone
This paper examines the role may be played by the national policymakers in developing equity crowdfunding markets through a proper implementation of European Directives on this field. We analyse all directives and communications dealing with crowdfunding issued by the European Commission from 2000 to 2018. Then, we compare and assess their impact on the national legislation of the analysed countries. Results show that countries which have correctly and fully transposed into law the European Directives - without any infringement or delays - by aligning their national regulations with European objectives (e.g., the UK) are able to avoid destabilising phenomena of regulatory arbitrage. Countries with delayed and incorrect transposition and/or wrong application of the directives (e.g., France, Italy, and Spain) are currently facing serious destabilising effects of international financial markets with modest growth of equity crowdfunding markets. This paper draws attention to the ongoing process of Europe-wide equity crowdfunding regulatory convergence.
{"title":"Encouraging investment in SMEs through equity-based crowdfunding","authors":"A. Cicchiello, Daniele Leone","doi":"10.1504/ijgsb.2020.10031681","DOIUrl":"https://doi.org/10.1504/ijgsb.2020.10031681","url":null,"abstract":"This paper examines the role may be played by the national policymakers in developing equity crowdfunding markets through a proper implementation of European Directives on this field. We analyse all directives and communications dealing with crowdfunding issued by the European Commission from 2000 to 2018. Then, we compare and assess their impact on the national legislation of the analysed countries. Results show that countries which have correctly and fully transposed into law the European Directives - without any infringement or delays - by aligning their national regulations with European objectives (e.g., the UK) are able to avoid destabilising phenomena of regulatory arbitrage. Countries with delayed and incorrect transposition and/or wrong application of the directives (e.g., France, Italy, and Spain) are currently facing serious destabilising effects of international financial markets with modest growth of equity crowdfunding markets. This paper draws attention to the ongoing process of Europe-wide equity crowdfunding regulatory convergence.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47222616","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 : 2020-08-13DOI: 10.1504/IJGSB.2020.10020702
Matteo Cristofaro, Giacomo Caterini
The hypercompetitive business landscape that SMEs are currently facing is increasingly pushing them to internationalise their businesses. In doing that, entrepreneurs and executives make important strategic choices related to their investments in cost leadership and differentiation strategies to improve, or at least maintain, their current performance. However, despite the great interest of scholars on this theme, there are no studies about the effects of these different courses of action on firms' performance, especially considering the concurrent influence of sectorial and macroeconomic trends. This contribution, which looks at the dialectical relationship between firms' strategic choices and their environment according to a co-evolutionary perspective, tries to fill this gap presenting evidence from a panel study of 4,098 Italian SMEs over ten years (2008-2017). Findings show that environmental trends and strategic choices simultaneously influence internationalised SMEs' performance and that these firms adapt their strategic choices according to market munificence. Entrepreneurs and executives of SMEs may benefit from the results of this study in order to make better strategic choices when defining their internationalisation strategies.
{"title":"Internationalisation Strategies and Firms Performance. A Co-Evolutionary Study on Italian SMEs","authors":"Matteo Cristofaro, Giacomo Caterini","doi":"10.1504/IJGSB.2020.10020702","DOIUrl":"https://doi.org/10.1504/IJGSB.2020.10020702","url":null,"abstract":"The hypercompetitive business landscape that SMEs are currently facing is increasingly pushing them to internationalise their businesses. In doing that, entrepreneurs and executives make important strategic choices related to their investments in cost leadership and differentiation strategies to improve, or at least maintain, their current performance. However, despite the great interest of scholars on this theme, there are no studies about the effects of these different courses of action on firms' performance, especially considering the concurrent influence of sectorial and macroeconomic trends. This contribution, which looks at the dialectical relationship between firms' strategic choices and their environment according to a co-evolutionary perspective, tries to fill this gap presenting evidence from a panel study of 4,098 Italian SMEs over ten years (2008-2017). Findings show that environmental trends and strategic choices simultaneously influence internationalised SMEs' performance and that these firms adapt their strategic choices according to market munificence. Entrepreneurs and executives of SMEs may benefit from the results of this study in order to make better strategic choices when defining their internationalisation strategies.","PeriodicalId":35412,"journal":{"name":"International Journal of Globalisation and Small Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41898777","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}