This study employs the ‘benefit of the doubt’ (BOD) weighting model to build a composite indicator to evaluate urban development in 60 cities located around the world for 2021. The results of the empirical application based on the data provided by The Economist (i.e., safe city index) reveal the informative power of the proposed composite indicator, relative to models using equal weight restrictions. Findings indicate that there are significant efficiency differences among the analyzed cities, and that cities follow different strategic pathways when it comes to design urban policies. This suggests that there is much scope for strategic and effective support policy in many cities. The results of the study highlight that an analysis based on the BOD approach may offer useful information to policy makers on what strategic actions may potentially optimize the allocation of local resources and, subsequently, enhance urban development.
{"title":"Assessment of urban development: A composite indicator analysis of the safe city index through the ‘benefit of the doubt’ model","authors":"Nadine Burgoa, Andre Rosado","doi":"10.18845/te.v17i3.6849","DOIUrl":"https://doi.org/10.18845/te.v17i3.6849","url":null,"abstract":"This study employs the ‘benefit of the doubt’ (BOD) weighting model to build a composite indicator to evaluate urban development in 60 cities located around the world for 2021. The results of the empirical application based on the data provided by The Economist (i.e., safe city index) reveal the informative power of the proposed composite indicator, relative to models using equal weight restrictions. Findings indicate that there are significant efficiency differences among the analyzed cities, and that cities follow different strategic pathways when it comes to design urban policies. This suggests that there is much scope for strategic and effective support policy in many cities. The results of the study highlight that an analysis based on the BOD approach may offer useful information to policy makers on what strategic actions may potentially optimize the allocation of local resources and, subsequently, enhance urban development.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452688","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}
Felipe De Anda, Juan Carlos Baker, Edgar Demetrio Tovar-García
The main goal of this research is to test the association between trust in institutions—e.g., police, law courts, property rights, government regulations, and public and private organizations—and entrepreneurial internationalization. The longitudinal analysis uses data obtained from the Global Entrepreneurship Monitor (GEM), the Heritage Foundation Index of Economic Freedom (IEF), World Bank Worldwide Governance Indicators (WGI), and World Development Indicators (WDI) for a sample of 88 countries during 2013-2018. Using factor analysis and panel data techniques that control for potential endogeneity, institutional trust is found to be significantly correlated with internationalization; however, this result is only valid for small and medium-sized enterprises (SMEs) in developing countries. Therefore, entrepreneurs from developing economies have to overcome the lack of institutional trust to successfully carry out their internationalization process.
{"title":"Institutional trust and entrepreneurs' export behavior: An international analysis","authors":"Felipe De Anda, Juan Carlos Baker, Edgar Demetrio Tovar-García","doi":"10.18845/te.v17i3.6848","DOIUrl":"https://doi.org/10.18845/te.v17i3.6848","url":null,"abstract":"The main goal of this research is to test the association between trust in institutions—e.g., police, law courts, property rights, government regulations, and public and private organizations—and entrepreneurial internationalization. The longitudinal analysis uses data obtained from the Global Entrepreneurship Monitor (GEM), the Heritage Foundation Index of Economic Freedom (IEF), World Bank Worldwide Governance Indicators (WGI), and World Development Indicators (WDI) for a sample of 88 countries during 2013-2018. Using factor analysis and panel data techniques that control for potential endogeneity, institutional trust is found to be significantly correlated with internationalization; however, this result is only valid for small and medium-sized enterprises (SMEs) in developing countries. Therefore, entrepreneurs from developing economies have to overcome the lack of institutional trust to successfully carry out their internationalization process.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452689","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 study analyzes the relationship between work accident rates and economic activity (GDP per worker) in Peru. The empirical strategy is based on fixed-effects regressions and vector autoregression models (VAR) for panel-data settings on a sample of 15 Peruvian industries during the period 2016-2021. The main results confirm the unidirectional causal relationship in the short-term from GDP per worker to the rate of work accidents. Additionally, the findings suggest that this relationship is heterogeneous across industries: the reported causal relationship is confirmed for agriculture, fishing, utilities, construction, manufacturing, and transport and warehousing. In line with the increased awareness on how economic activity impacts work accidents, policy implications and future research avenues are discussed.
{"title":"The relationship between work accident rates and economic activity: Evidence from Peru (2016-2021)","authors":"Johanna Cabrera-Flores","doi":"10.18845/te.v17i3.6847","DOIUrl":"https://doi.org/10.18845/te.v17i3.6847","url":null,"abstract":"The study analyzes the relationship between work accident rates and economic activity (GDP per worker) in Peru. The empirical strategy is based on fixed-effects regressions and vector autoregression models (VAR) for panel-data settings on a sample of 15 Peruvian industries during the period 2016-2021. The main results confirm the unidirectional causal relationship in the short-term from GDP per worker to the rate of work accidents. Additionally, the findings suggest that this relationship is heterogeneous across industries: the reported causal relationship is confirmed for agriculture, fishing, utilities, construction, manufacturing, and transport and warehousing. In line with the increased awareness on how economic activity impacts work accidents, policy implications and future research avenues are discussed.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"161 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452686","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}
Javier Rojas-Segura, Margie Faith-Vargas, Jose Martinez-Villavicencio
Economic and social disruption generated by COVID-19 increased research on digital transformation processes; however, consensus about the formal conceptual definition of digital transformation is yet to be reached. A concise and clear concept built using existing definitions in literature is needed for empirical research in the business and management fields. Using semantic decomposition method to systematically decompose the extant definitions collected from the business literature, this study proposes the following formal conceptual definition of digital transformation: “a process that aims to improve society by triggering significant changes to the enterprise business model using digital technologies”. Consistent measurable properties caused by a formal conceptual definition support academic research and enable practitioners to exploit new knowledge essential when adapting the firm’s business model to the new digital reality.
{"title":"Conceptualizing digital transformation using semantic decomposition","authors":"Javier Rojas-Segura, Margie Faith-Vargas, Jose Martinez-Villavicencio","doi":"10.18845/te.v17i3.6850","DOIUrl":"https://doi.org/10.18845/te.v17i3.6850","url":null,"abstract":"Economic and social disruption generated by COVID-19 increased research on digital transformation processes; however, consensus about the formal conceptual definition of digital transformation is yet to be reached. A concise and clear concept built using existing definitions in literature is needed for empirical research in the business and management fields. Using semantic decomposition method to systematically decompose the extant definitions collected from the business literature, this study proposes the following formal conceptual definition of digital transformation: “a process that aims to improve society by triggering significant changes to the enterprise business model using digital technologies”. Consistent measurable properties caused by a formal conceptual definition support academic research and enable practitioners to exploit new knowledge essential when adapting the firm’s business model to the new digital reality.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452690","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}
Lean manufacturing is gaining popularity among scientific, academic, and business communities; and is considered a valid strategy to generate financial performance and more sustainable finance. However, little is known about the influence of lean manufacturing on financial performance and sustainable finance of firms in the automotive industry. This study explores the relationship between lean manufacturing, financial performance and sustainable finance. The data was obtained from a self-administered questionnaire distributed to 460 Mexican firms that operate in the automotive industry. The results of the structural equation model (partial least squares) suggest that lean manufacturing have a positive and significant influence on both financial performance and sustainable finance.
{"title":"Lean manufacturing is the financial performance and sustainable finances problems solution?","authors":"Gonzalo Maldonado-Guzmán, Sandra Yesenia Pinzón-Castro, Raymundo Juárez-del Toro","doi":"10.18845/te.v17i3.6846","DOIUrl":"https://doi.org/10.18845/te.v17i3.6846","url":null,"abstract":"Lean manufacturing is gaining popularity among scientific, academic, and business communities; and is considered a valid strategy to generate financial performance and more sustainable finance. However, little is known about the influence of lean manufacturing on financial performance and sustainable finance of firms in the automotive industry. This study explores the relationship between lean manufacturing, financial performance and sustainable finance. The data was obtained from a self-administered questionnaire distributed to 460 Mexican firms that operate in the automotive industry. The results of the structural equation model (partial least squares) suggest that lean manufacturing have a positive and significant influence on both financial performance and sustainable finance.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135452687","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}
Edgar Antonio Sánchez-Báez, Diego Daniel Sanabria, Raúl Marcelo Ferrer-Dávalos
This paper empirically analyzes the relationship between certain organizational characteristics and sales performance on a sample of 360 micro, small and medium-sized enterprises (MSMEs) from Paraguay. The results from the logistic regression analysis show that the outsourcing of operations has a positive impact on sales. On the other hand, it was observed that relationships with suppliers in the supply chain as well as the delay of planned investments before the pandemic negatively influence sales.These results might help businesses and policy makers to strengthen certain internal characteristics of MSMEs to improve sales possibilities, especially during crisis periods.
{"title":"Internal organizational characteristics and their impact on sales: the case of Paraguayan MSMEs during the covid-19 pandemic","authors":"Edgar Antonio Sánchez-Báez, Diego Daniel Sanabria, Raúl Marcelo Ferrer-Dávalos","doi":"10.18845/te.v17i2.6698","DOIUrl":"https://doi.org/10.18845/te.v17i2.6698","url":null,"abstract":"This paper empirically analyzes the relationship between certain organizational characteristics and sales performance on a sample of 360 micro, small and medium-sized enterprises (MSMEs) from Paraguay. The results from the logistic regression analysis show that the outsourcing of operations has a positive impact on sales. On the other hand, it was observed that relationships with suppliers in the supply chain as well as the delay of planned investments before the pandemic negatively influence sales.These results might help businesses and policy makers to strengthen certain internal characteristics of MSMEs to improve sales possibilities, especially during crisis periods.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135517354","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}
Orly Carvache-Franco, Ana Gabriela Víquez-Paniagua, Mauricio Carvache-Franco, Wilmer Carvache-Franco, Allan Pérez-Orozco
The study seeks to identify the discussion topics and establish the sentiment of Twitter texts related to entrepreneurship and entrepreneurs during a crisis period. The data was collected from 163,843 tweets between May and June 2020. A group of popular hashtags about entrepreneurship and business was identified. The extensive data process was carried out using the term association technique and text sentiment analysis. The results indicate that crisis communications in businesses and by entrepreneurs had two objectives, to communicate the crisis inside the business due to the pandemic and communicate the elements of crisis solution by highlighting the skills, knowledge, means, and critical issues to overcome. The study contributes to the situational crisis communication literature by understanding the characteristics of crisis communication during a crisis period in popular entrepreneurship hashtags.
{"title":"Topics and feelings of entrepreneurs during a crisis period: Analysis of business Twitter hashtags","authors":"Orly Carvache-Franco, Ana Gabriela Víquez-Paniagua, Mauricio Carvache-Franco, Wilmer Carvache-Franco, Allan Pérez-Orozco","doi":"10.18845/te.v17i2.6700","DOIUrl":"https://doi.org/10.18845/te.v17i2.6700","url":null,"abstract":"The study seeks to identify the discussion topics and establish the sentiment of Twitter texts related to entrepreneurship and entrepreneurs during a crisis period. The data was collected from 163,843 tweets between May and June 2020. A group of popular hashtags about entrepreneurship and business was identified. The extensive data process was carried out using the term association technique and text sentiment analysis. The results indicate that crisis communications in businesses and by entrepreneurs had two objectives, to communicate the crisis inside the business due to the pandemic and communicate the elements of crisis solution by highlighting the skills, knowledge, means, and critical issues to overcome. The study contributes to the situational crisis communication literature by understanding the characteristics of crisis communication during a crisis period in popular entrepreneurship hashtags.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"108 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135517352","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}
Jorge Moreno-Gómez, Juan Carlos Londoño, Luis Felipe Zapata-Upegui
This study evaluates how three distinct marketing strategies (i.e., marketing communication, marketing innovation, and marketing uniqueness) impact the competitiveness level of Colombian SMEs. We use a unique primary dataset drawn from the Global Competitiveness Project that includes information for 176 Colombian SMEs during 2019. We employ a regression model to test the proposed hypotheses highlighting the relevance of marketing innovation, uniqueness, and communication for SMEs' competitiveness. The findings reveal that Colombian SMEs are frequent users of marketing strategies. Results show that larger SMEs that use marketing strategies are more competitive than smaller ones. It was also found that strategic emphasis, which implies that SMEs work with one of the evaluated strategies, contributes to competitiveness. However, managers should consider the synergistic effects of using more than one strategy. The relevance of this study is to present a model that shows how larger SMEs can capitalize on different marketing strategies to consolidate their competitiveness level in the Colombian context.
{"title":"Marketing strategy and competitiveness: Evidence from Colombian SMEs","authors":"Jorge Moreno-Gómez, Juan Carlos Londoño, Luis Felipe Zapata-Upegui","doi":"10.18845/te.v17i2.6701","DOIUrl":"https://doi.org/10.18845/te.v17i2.6701","url":null,"abstract":"This study evaluates how three distinct marketing strategies (i.e., marketing communication, marketing innovation, and marketing uniqueness) impact the competitiveness level of Colombian SMEs. We use a unique primary dataset drawn from the Global Competitiveness Project that includes information for 176 Colombian SMEs during 2019. We employ a regression model to test the proposed hypotheses highlighting the relevance of marketing innovation, uniqueness, and communication for SMEs' competitiveness. The findings reveal that Colombian SMEs are frequent users of marketing strategies. Results show that larger SMEs that use marketing strategies are more competitive than smaller ones. It was also found that strategic emphasis, which implies that SMEs work with one of the evaluated strategies, contributes to competitiveness. However, managers should consider the synergistic effects of using more than one strategy. The relevance of this study is to present a model that shows how larger SMEs can capitalize on different marketing strategies to consolidate their competitiveness level in the Colombian context.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135517353","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 study investigates the relationship between intellectual capital components and innovation on a sample of 1243 Hungarian small and medium sized enterprises (SMEs) drawn from the Global Competitiveness Project (GCP). The results of the logistic regressions reveal a significantly positive effect of structural capital and relational capital on innovation, whereas the impact of human capital is not significant. The results show the importance for entrepreneurs of strengthening intellectual capital in order to increase SMEs innovation, and advise policymakers on how to mobilize support schemes for the renewal of SMEs with low individual but high collective innovation potential. Instead of examining large enterprises and startups, the novelty of the study relies on the analysis of the connections between intellectual capital components and innovation in the context of mature Hungarian SMEs.
{"title":"The role of intellectual capital on innovation: Evidence from Hungarian SMEs","authors":"András Rideg, László Szerb, Anna Róza Varga","doi":"10.18845/te.v17i2.6695","DOIUrl":"https://doi.org/10.18845/te.v17i2.6695","url":null,"abstract":"This study investigates the relationship between intellectual capital components and innovation on a sample of 1243 Hungarian small and medium sized enterprises (SMEs) drawn from the Global Competitiveness Project (GCP). The results of the logistic regressions reveal a significantly positive effect of structural capital and relational capital on innovation, whereas the impact of human capital is not significant. The results show the importance for entrepreneurs of strengthening intellectual capital in order to increase SMEs innovation, and advise policymakers on how to mobilize support schemes for the renewal of SMEs with low individual but high collective innovation potential. Instead of examining large enterprises and startups, the novelty of the study relies on the analysis of the connections between intellectual capital components and innovation in the context of mature Hungarian SMEs.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"57 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135703261","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}
Diego Armando Marín-Idárraga, Juan Carlos Cuartas-Marín, Pedro Emilio Sanabria-Rangel, Juan de Jesús Sánchez-Torres
La presente investigación tuvo como objetivo principal identificar los factores considerados claves en la competitividad de un destino turístico, llevada a cabo en el municipio de San Carlos, Antioquia, Colombia. Mediante un análisis factorial exploratorioy confirmatorio, los resultados muestran que esta región será más competitiva en materia de turismo, si desarrolla los recursos inherentes, los recursos creados, y los factores de apoyo, y si promueve una mejor gestión del destino. Estos resultados tienenimplicaciones importantes para el diseño de la política pública turística, tanto en la región como en otras afines.
{"title":"Factores claves de un destino turístico competitivo: Caso San Carlos, Antioquia, Colombia","authors":"Diego Armando Marín-Idárraga, Juan Carlos Cuartas-Marín, Pedro Emilio Sanabria-Rangel, Juan de Jesús Sánchez-Torres","doi":"10.18845/te.v17i2.6702","DOIUrl":"https://doi.org/10.18845/te.v17i2.6702","url":null,"abstract":"La presente investigación tuvo como objetivo principal identificar los factores considerados claves en la competitividad de un destino turístico, llevada a cabo en el municipio de San Carlos, Antioquia, Colombia. Mediante un análisis factorial exploratorioy confirmatorio, los resultados muestran que esta región será más competitiva en materia de turismo, si desarrolla los recursos inherentes, los recursos creados, y los factores de apoyo, y si promueve una mejor gestión del destino. Estos resultados tienenimplicaciones importantes para el diseño de la política pública turística, tanto en la región como en otras afines.","PeriodicalId":42185,"journal":{"name":"Tec Empresarial","volume":"88 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135517351","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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