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Methods of Start-up Project Development Within the Cooperative Resource Model 协同资源模式下的启动项目开发方法
Pub Date : 2021-10-01 DOI: 10.2139/ssrn.3939719
V. Terziev, V. Klimuk
This article defines the importance of application of the cooperative resource model in the process of innovation implementation. It provides an algorithm for the development of innovative start-ups. The research describes the basic techniques for innovative ideas generation, basic models for innovation project development: Osterwalder business model, logical framework approach, as well as the “envelope” model designed by Klimuk V.V..
本文明确了合作资源模式在创新实施过程中应用的重要性。它为创新型初创企业的发展提供了一种算法。研究描述了创新思想产生的基本技术、创新项目开发的基本模型:Osterwalder商业模型、逻辑框架方法以及Klimuk v.v.设计的“信封”模型。
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引用次数: 0
Reshaping Capitalism for a Sustainable World 重塑资本主义建设可持续发展的世界
Pub Date : 2021-06-16 DOI: 10.2139/ssrn.3870859
S. Turnbull
A vision for reshaping capitalism for a sustainable world was implicit in the 2018 statement by BlackRock, the biggest investor in the world, wanting, “A new model for corporate governance” and that “companies must benefit all their stakeholders”. The idea of firms delivering benefits to all stakeholders was reinforced in 2019 by 180 other CEOs of the US Business Roundtable who had BlackRock as a shareholder. Corporations who delivered benefits for all stakeholders become what Ostrom describes as Common Pool Resource (CPR). Ostrom described how competing interest for shared life sustaining resources could become self-regulating by adopting a polycentric form of governance. Polycentric governance is illustrated by the bottom-up stakeholder-governed firms in the US, UK and Europe and also in sporting and civic organisations including two designed by the author. These examples are used, with the insights of system science, to reformat the Ostrom design principles for incorporated organisations. Self-funding tax incentives and other rewards are suggested to encourage corporations to introduce self-governance to best suit their specific operations while maintaining shareholder primacy. This new way to govern corporations reshapes and spreads both capitalism and democracy by providing citizens with benefits and voice from the bottom-up. These can provide contributions to a universal wellbeing income while enriching the quality of democracy. In addition, the size, cost and involvement of government can be reduced while enhancing the protection and promotion of a sustainable world.
全球最大的投资者贝莱德(BlackRock)在2018年的声明中暗示了重塑资本主义以实现可持续世界的愿景,该声明希望“建立一种新的公司治理模式”,并表示“公司必须使所有利益相关者受益”。2019年,贝莱德持股的美国商业圆桌会议(US Business Roundtable)的其他180名首席执行官强化了公司为所有利益相关者提供利益的想法。为所有利益相关者提供利益的公司成为奥斯特罗姆所说的公共资源池(CPR)。奥斯特罗姆描述了通过采用多中心治理形式,共享生命维持资源的竞争利益如何变得自我调节。多中心治理体现在美国、英国和欧洲自下而上的利益相关者治理公司,以及体育和民间组织中,包括作者设计的两个组织。结合系统科学的见解,这些例子被用来为合并组织重新格式化奥斯特罗姆设计原则。建议采用自筹资金的税收优惠和其他奖励,以鼓励公司在保持股东至上的同时,引入最适合其具体业务的自我治理。这种管理公司的新方式通过自下而上地为公民提供利益和发言权,重塑并传播了资本主义和民主。这些可以为全民福利收入做出贡献,同时丰富民主的质量。此外,在加强保护和促进可持续世界的同时,可以减少政府的规模、成本和参与。
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引用次数: 1
Fitness and Propriety Assessment to Ensure Financial Firms Have Good People Doing Right Things during Perilous Times 适当性和适当性评估以确保金融公司在危险时期有优秀的人才做正确的事情
Pub Date : 2020-12-01 DOI: 10.2139/ssrn.3741436
Nishadi Thennakoon
The COVID-19 pandemic has compelled financial institutions to be a significant part of the solution rather than being a part of the problem as happened during the previous financial turmoil. Allocating capital to the real economy to keep businesses and livelihoods of individuals afloat till they reach a safe shore is a key role expected from financial entities at this critical juncture. They are also required to devise innovative business strategies to provide seamless services to customers using technological infrastructures during this extremely challenging period. This is a time financial institution are expected to revisit their institutional purposes. This is a time financial systemic resilience and market integrity need to be safeguarded by the players in the system without frequent directions from regulators. The pandemic has taught us that businesses, individuals, financial entities, economy, society and environment are closely interconnected elements of a one large fabric. Therefore, every stakeholder needs to understand the mutually reinforcing possibilities for each other.In the context of rapidly evolving challenges, imposing regulations applicable to every transaction, every market innovation and every business scenario will have practical difficulties. This will increase the regulatory burden and the pressure to promote a culture of compliance with the letter of law on the part of financial institutions. Eventually, taking business decisions during crisis periods in compliance with applicable rules and regulations will be in the hands of Boards of Directors (BODs) and Key Management Personnel (KMP) of such institutions. Their fitness and propriety to hold such positions should, therefore, be a foremost requirement which needs to be emphasized in any given circumstance. It assumes even greater importance in times of crisis. No amount of regulations will ensure that public deposits are safe unless the decisions pertaining to management of such money are taken by individuals who are honest, well-qualified and experienced acting with integrity. It is not only robust systems and procedures but also the quality and competence of individuals that have a huge impact on effective governance in financial firms. This article sheds light on the significance of efficient enforcement of regulations applicable to fitness and propriety of BODs and KMP of financial institutions in order to have robust risk governance structures during a crisis like the COVID-19 outbreak.
COVID-19大流行迫使金融机构成为解决方案的重要组成部分,而不是像以前的金融动荡期间那样成为问题的一部分。在这个关键时刻,金融实体应该发挥的关键作用是,向实体经济配置资金,让企业和个人的生计得以维持,直到它们到达安全的彼岸。在这个极具挑战性的时期,他们还需要设计创新的业务策略,为使用技术基础设施的客户提供无缝的服务。这是一个金融机构需要重新审视其机构目的的时候。在这个时代,金融系统的弹性和市场的完整性需要由系统中的参与者来维护,而不需要监管机构的频繁指示。这场大流行告诉我们,企业、个人、金融实体、经济、社会和环境是一个大结构中密切相关的组成部分。因此,每个利益相关者都需要了解彼此之间相互增强的可能性。在挑战迅速演变的背景下,实施适用于每一笔交易、每一项市场创新和每一种业务场景的法规将面临实际困难。这将增加监管负担,并加大推动金融机构遵守法律条文文化的压力。最终,在危机期间根据适用的规章制度做出商业决策将由这些机构的董事会(bod)和关键管理人员(KMP)掌握。因此,他们担任这些职位的适宜性和适当性应该是在任何特定情况下都需要强调的首要要求。在危机时刻,它显得更为重要。再多的监管也无法确保公众存款的安全,除非有关资金管理的决定是由诚实、资质良好、经验丰富、行事正直的个人做出的。对金融公司的有效治理产生巨大影响的不仅是健全的制度和程序,还有个人的素质和能力。本文阐明了有效执行适用于金融机构bod和KMP的适当性和适当性的法规的重要性,以便在COVID-19爆发等危机期间建立健全的风险治理结构。
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引用次数: 0
Financing Environmental and Energy Transitions for Regions and Cities: Creating Local Solutions for Global Challenges 为地区和城市的环境和能源转型融资:为全球挑战创造地方解决方案
Pub Date : 2019-10-18 DOI: 10.2139/ssrn.3599981
D. Schoenmaker, Willem Schramade
To meet the Paris climate goals, we need serious environmental and energy transitions. Financing those transitions will require both the financial and the public sector to transcend business-as-usual and take on new roles and structures in this system change. Current financial practice lacks the structures to deal with local initiatives, and has a narrow focus on financial return calculations. For their part, subnational governments often lack the knowledge to take that role. This gap can be filled by adopting investment criteria based on integrated value, by educating students and practitioners on transitions and systems thinking, and by creating new structures that are adapted to local conditions, with active roles for city and regional governments.
为了实现《巴黎协定》的气候目标,我们需要认真进行环境和能源转型。为这些过渡提供资金将要求金融部门和公共部门超越一切照旧,在这一制度变革中发挥新的作用和结构。目前的财务实践缺乏处理地方倡议的结构,并且对财务回报计算的关注狭隘。就地方政府而言,它们往往缺乏担当这一角色的知识。这一差距可以通过采用基于综合价值的投资标准,通过对学生和从业者进行过渡和系统思维的教育,以及通过创建适应当地条件的新结构,并由城市和地区政府发挥积极作用来填补。
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引用次数: 4
The Nexus Between Educated Youth Unemployment and Youth’s Capacity to Contribute Towards Wealth Creation in Zimbabwe 津巴布韦受过教育的青年失业与青年创造财富能力之间的关系
Pub Date : 2019-06-28 DOI: 10.2139/ssrn.3411663
Anthony Tapiwa Mazikana, Tsitsi Peku, O. Sifile, Rangarirai Mudziso
This study was motivated by various literature and studies which agree that Zimbabwe’s unemployment has increased up to 95% and it is viewed as the highest in the world. It was most worrying from the statistics that most of those who make up the 95% are educated youths aged between 15 and 35 years. Given that the youths are the future of every country and given that government was pouring a lot of resources running into millions every year in producing educated youths by building schools, paying teachers, buying teaching and learning materials, such resources go to waste if the educated youths do not contribute to economic development. This research reviewed the nexus between educated youth unemployment and youth’s capacity to contribute towards wealth creation in Zimbabwe with specific reference to Chinhoyi Urban where most educated youths roam the streets. The study sought to find out the effects of educated youth unemployment in Zimbabwe and suggested innovative survival skills for educated youths to be entrepreneurs. This study adopted both the positivist and interpretivist paradigms as it was both quantitative (descriptive), and the qualitative (exploratory) The study adopted pragmatism as a research philosophy. From a population of 34,044 unemployed youths, a sample size of 100 was drawn. It was the finding of this study that Zimbabwe’s educated youths have the requisite skill and capabilities required to create wealth within the economy of Zimbabwe if they get access to capital and required start-up resources. The study recommended that entrepreneurship should be promoted from a tender age in the education system because entrepreneurship is not yet mainstreamed into the curriculum of some of the higher and tertiary institutions in Zimbabwe.
这项研究的动机是各种文献和研究,这些文献和研究都认为津巴布韦的失业率已经上升到95%,被认为是世界上最高的。从统计数据来看,最令人担忧的是,占95%的大多数是年龄在15至35岁之间的受过教育的年轻人。考虑到年轻人是每个国家的未来,考虑到政府每年投入大量资源,通过建造学校、支付教师工资、购买教学材料来培养受过教育的年轻人,如果受过教育的年轻人不为经济发展做出贡献,这些资源就会浪费掉。本研究审查了津巴布韦受过教育的青年失业与青年为创造财富作出贡献的能力之间的关系,并特别提到了大多数受过教育的青年在街上闲逛的奇诺伊城市。这项研究试图找出受过教育的青年失业对津巴布韦的影响,并建议受过教育的青年成为企业家的创新生存技能。本研究采用实证主义和解释主义两种范式,兼具定量(描述性)和定性(探索性)两种范式。从34044名失业青年中抽取了100人作为样本。这项研究的结论是,如果津巴布韦受过教育的青年能够获得资本和所需的启动资源,他们就具备在津巴布韦经济中创造财富所需的必要技能和能力。研究报告建议,应在教育系统中从小就提倡创业精神,因为创业精神尚未成为津巴布韦一些高等和高等教育机构课程的主流。
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引用次数: 2
IP-Bits in Letters 26 December 2018 Self-Correcting Fragmentation in Economics and State Governance (Presentation Slides) 2018年12月26日经济与国家治理中的自我纠错碎片化(幻灯片)
Pub Date : 2018-12-26 DOI: 10.2139/ssrn.3306824
O. Butriy
In economics or political life, we often encounter the phenomenon of domination. A dominating position of the company on the market manifests itself via the ability to prevent effective competition between the market players. In politics, the domination of certain political entities has power to limit effective political choice for members of the society.

This article will argue that a natural and self-correcting mechanism for dealing with domination is a fragmentation of economic and political resources.

A fragmentation of economic and political resources might become a mechanism to regulate the cooperation agreements which are difficult to implement or enforce in practice.
在经济或政治生活中,我们经常会遇到统治现象。公司在市场上的支配地位表现为阻止市场参与者之间有效竞争的能力。在政治上,某些政治实体的统治有能力限制社会成员的有效政治选择。本文将论证,处理统治的自然和自我纠正机制是经济和政治资源的碎片化。经济和政治资源的分散可能成为管制在实践中难以执行或强制执行的合作协定的机制。
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引用次数: 0
Exploring Entrepreneurial Intention's Mediating Role in the Relationship between Self-Efficacy and Nascent Behaviour: Evidence from Zambia, Africa 创业意向在自我效能感与新生行为关系中的中介作用:来自非洲赞比亚的证据
Pub Date : 2018-03-09 DOI: 10.1108/JSBED-03-2017-0083
Bruce Mwiya, Yong Wang, Bernadette Kaulungombe, Maidah Kayekesi
PurposeThe purpose of this paper is to examine the mediating role of entrepreneurial intention (EI) in relation to the influence of the five dimensions of entrepreneurial self-efficacy (ESE) on nascent behaviour.Design/methodology/approachThe study relies on a quantitative approach where primary data were collected from 294 final year undergraduate students at a public university in Zambia. The data were examined by using correlation, logistic regression and mediation analyses.FindingsThe findings indicate that each of the five dimensions of ESE is positively and significantly related with EI. Additionally, each of the ESE dimensions, except the financial aspect, is positively correlated with nascent behaviour. Finally, the results show that the influence of ESE dimensions on nascent behaviour is significantly mediated by intention.Research limitations/implicationsThe study took place in a public university in Zambia; more universities could be involved to improve the generalisability of the study conclusions.Practical implicationsThe study shows that the five ESE dimensions positively influence not only business start-up intention but also nascent behaviour. To motivate graduates’ involvement in business start-up, there is a need to tailor training and practical pedagogical approaches on entrepreneurship that are focussed on developing the five ESE dimensions.Originality/valueThis paper extends an emerging body of knowledge which has not been fully investigated in terms of the mediating role of intention on the relationships between dimensions of ESE and nascent behaviour. The study also makes a valuable contribution to the under-researched context of Zambia and African entrepreneurship.
目的研究创业意向(EI)在创业自我效能感(ESE)五个维度对新生行为的影响中的中介作用。设计/方法/方法本研究采用定量方法,主要数据收集自赞比亚一所公立大学的294名大四本科生。采用相关分析、逻辑回归分析和中介分析对数据进行检验。研究结果表明,ESE的五个维度均与EI呈显著正相关。此外,除了财务方面,ESE的每个维度都与新生行为呈正相关。最后,研究结果表明,ESE维度对新生行为的影响是由意向介导的。研究局限性/意义本研究在赞比亚的一所公立大学进行;可以让更多的大学参与进来,以提高研究结论的普遍性。实践意义研究表明,ESE的五个维度不仅对创业意愿有正向影响,而且对新生行为也有正向影响。为了激励毕业生参与创业,有必要为创业量身定制培训和实用的教学方法,重点是发展ESE的五个方面。原创性/价值本文扩展了一个新兴的知识体系,该知识体系尚未充分研究意图在ESE维度与新生行为之间关系中的中介作用。该研究还为尚不充分的赞比亚和非洲创业背景做出了宝贵贡献。
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引用次数: 31
Garage to the Boardroom - A Myth or Reality 从车库到会议室——神话还是现实
Pub Date : 2017-11-17 DOI: 10.2139/ssrn.3073471
Dr. Ashok Chopra
Silicon Valley began with a garage (or so the story goes). In a small garage in Palo Alto, California, in 1938-1939, William Hewlett and David Packard experimented with numerous electronic devices, including a prototype for an audio oscillator. That oscillator eventually enabled the pair of entrepreneurs to launch Hewlett-Packard (HP), one of the largest high-tech companies in the world today. Over the next 50 years, numerous technology companies—including Apple, Cisco, and Intel—would be founded in Silicon Valley, the world’s foremost high-tech region. In 1989, the garage at 367 Addison Avenue was designated California Historic Landmark Number 976 and a sign board declaring “Birthplace of Silicon Valley” was placed at the front of the garage. The HP garage is the most celebrated example of a popular belief in the United States—that it is common for entrepreneurs to start companies in garages. Indeed, U.S. and other countries business history offers numerous stories of successful entrepreneurs (e.g., Walt Disney, Steve Jobs) whose garages served as early workshops for the products and services that eventually launched prominent U.S. businesses. However, the garage signifies more than just a commonly perceived locus of entrepreneurship. Rather it is a symbol that invokes up some common images of entrepreneurship, including the stimulating generation of innovative ideas, old-fashioned hard work and boot strapping resources to chase a dream, a rejection of the status quo, and the freedom of working for oneself. This article explores the authenticities of the entrepreneurial garage by addressing two main questions. First, myth about garage belief & its accuracy? Secondly, why is the garage belief prevalent and why does it continues?
硅谷是从一个车库开始的(故事是这样的)。1938年至1939年,在加州帕洛阿尔托的一个小车库里,威廉·休利特和大卫·帕卡德对许多电子设备进行了实验,其中包括一个音频振荡器的原型。这一振荡器最终使这对企业家创办了惠普公司(Hewlett-Packard),成为当今世界上最大的高科技公司之一。在接下来的50年里,包括苹果、思科和英特尔在内的许多科技公司都在硅谷成立,硅谷是世界上最重要的高科技地区。1989年,位于艾迪生大道367号的车库被指定为加州历史地标第976号,车库前还立了一块写着“硅谷诞生地”的牌子。惠普车库是美国一种流行观念的最著名的例子——企业家在车库里创办公司是很常见的。事实上,美国和其他国家的商业历史提供了许多成功企业家的故事(例如,沃尔特·迪斯尼,史蒂夫·乔布斯),他们的车库成为早期产品和服务的车间,最终开创了美国著名的企业。然而,车库不仅仅是人们普遍认为的创业场所。相反,它是一个象征,唤起了企业家精神的一些常见形象,包括激发创新思想的产生、老式的辛勤工作和追逐梦想的资源、对现状的拒绝,以及为自己工作的自由。本文通过解决两个主要问题来探讨创业车库的真实性。第一,关于车库信念的神话及其准确性?其次,为什么车库信仰盛行,为什么它还在继续?
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引用次数: 3
Entrepreneurial Universities – Towards a Revised Paradigm 创业型大学——走向修订后的范式
Pub Date : 2017-08-03 DOI: 10.2139/ssrn.3013084
D. Meissner
This article provides a comprehensive review of the entrepreneurial university concept and its place and role in the triple helix of university, industry, and government. This is increasingly important because stakeholders’ expectations towards universities are growing; this growth in turn leads to increased pressure on universities to move beyond their traditional roles and models towards taking responsibility for economic development, large scale basic education and targeted further education and the development of value from research. These expectations provide opportunities for universities, but impose threats on the existing models and practices. It further elaborates on implications for university management, departments, faculty members and supporting organizations. Moreover it reflects on the meaning of the entrepreneurial university for stakeholders, i.e., university boards, regional and national policy and administrative bodies, funding agencies, the business community, university ranking institutions and the global university community overall. Recent literature on entrepreneurial universities is incomplete and mostly focused on the commercialization of research, technology transfer and the third mission of universities. The article expands the predominant thinking about entrepreneurial universities and gives a broader structured definition. Eventually the article shows the need for STI policy to intervene and measures for developing entrepreneurial universities further.
本文全面回顾了创业型大学的概念及其在大学、产业和政府的三重螺旋结构中的地位和作用。这一点越来越重要,因为利益相关者对大学的期望越来越高;这种增长反过来又给大学带来了更大的压力,要求它们超越传统的角色和模式,承担起经济发展、大规模基础教育、有针对性的继续教育和从研究中开发价值的责任。这些期望为大学提供了机会,但对现有的模式和实践构成了威胁。它进一步阐述了对大学管理、院系、教员和支持组织的影响。此外,它还反映了创业型大学对利益相关者的意义,即大学董事会、地区和国家政策和行政机构、资助机构、商界、大学排名机构和全球大学社区。最近关于创业型大学的文献是不完整的,主要集中在研究的商业化、技术转让和大学的第三使命。本文对创业型大学的主流思想进行了拓展,并给出了一个更为宽泛的结构化定义。最后提出了科技创新政策干预的必要性和进一步发展创业型大学的措施。
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引用次数: 1
Block-by-Block: Leveraging the Power of Blockchain Technology to Build Trust and Promote Cyber Peace 逐块:利用区块链技术的力量建立信任,促进网络和平
Pub Date : 2016-11-21 DOI: 10.2139/ssrn.2874090
Scott J. Shackelford, Steven Myers
There has been increasing interest in the transformative power of not only crypto-currencies like Bitcoin, but also the technology underlying them—namely blockchain. To the uninitiated, a blockchain is a sophisticated, distributed online ledger that has the potential, according to Goldman Sachs, to “change ‘everything.’” From making businesses more efficient to recording property deeds to engendering the growth of ‘smart’ contracts, blockchain technology is now being investigated by a huge range of organizations and is attracting billions in venture funding. Even the U.S. Defense Advanced Research Projects Agency (DARPA) is investigating blockchain technology to “create an unhackable messaging system.” However, the legal literature has largely ignored the rise of blockchain technology outside of its finance, securities, and copyright implications. This Article seeks to address this omission by analyzing the potential impact of blockchain technology on advancing the cybersecurity of firms across an array of sectors and industries with a particular focus on certificate authorities and the critical infrastructure context. Moreover, we examine the rise of blockchains through the lens of the literature on polycentric governance to ascertain what lessons this research holds to build trust in distributed systems and ultimately promote cyber peace.
人们不仅对比特币等加密货币的变革能力越来越感兴趣,而且对其背后的技术——即区块链——也越来越感兴趣。对于外行来说,区块链是一种复杂的分布式在线账本,据高盛(Goldman Sachs)称,它有可能“改变”一切。“从提高业务效率到记录财产契约,再到促进‘智能’合同的发展,区块链技术目前正受到众多组织的研究,并吸引了数十亿美元的风险投资。甚至美国国防高级研究计划局(DARPA)也在研究区块链技术,以“创建一个不可攻破的信息系统”。然而,法律文献在很大程度上忽略了区块链技术在其金融、证券和版权影响之外的崛起。本文试图通过分析区块链技术在一系列部门和行业中推进公司网络安全方面的潜在影响来解决这一遗漏,并特别关注证书颁发机构和关键基础设施环境。此外,我们通过关于多中心治理的文献来研究区块链的兴起,以确定这项研究对于在分布式系统中建立信任并最终促进网络和平具有哪些经验教训。
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引用次数: 57
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