0000000000082417
AUTHOR
Andreas Wald
It Is Not All About Money: Obtaining Additional Benefits Through Equity Crowdfunding
Equity crowdfunding allows entrepreneurs to directly access financing from a large number of investors via Internet platforms. Recent research has started to examine additional, non-financial benefits of crowdfunding campaigns. This article connects to this emerging research stream by investigating these additional benefits while discussing their potential to contribute to the success of equity crowdfunding projects. Building on interviews with entrepreneurs and investors from Norway and Israel, we find that the benefits offered by investors to entrepreneurs can be divided into two categories: inward benefits and outward benefits. The latter are aimed at increasing public exposure and adva…
Temporary organisations in the creation of dynamic capabilities: effects of temporariness on innovative capacity and strategic flexibility
The dynamic capabilities (DCs) of an organisation refer to its ability to integrate and renew existing competences as circumstances may change. Although research has considered various aspects of D...
A person-environment-fit-model for temporary organizations - Antecedents for temporary working settings
Abstract Projectification has led to the widespread use of temporary organizations (TOs) in many industries, but the various factors that determine successful work by employees in TOs are unexplored. We argue that organizations have different degrees of temporariness depending on the following five TO dimensions: temporal duration, nature of the task, team composition, hierarchy, and coordination. Considering the TO dimensions and varying degrees of temporariness, we propose a person-environment (P-E) fit model. The model comprises three levels – organizational-, group-, and job-oriented – and relates personal attributes to the TO dimensions. We contribute to theory by developing a set of p…
Determinants of employee well-being in project work
Projects are supposed to foster innovation and flexibility and to create better conditions for learning. Accordingly, project work usually has a positive connotation for both, firms and the individ...
Similar but Different? The influence of job satisfaction, organizational commitment and person-job fit on individual performance in the continuum between permanent and temporary organizations.
Permanent organizations and temporary organizations, such as projects, represent two poles of a continuum of organizational temporariness. The literature has shown that organizational temporariness can influence organizational outcomes and employee behavior. Using a sample of 341 members of temporary organizations, we investigate job satisfaction and organizational commitment in a permanent organization and person-job fit in a temporary organization as antecedents of employee performance. We further examine how the degree of organizational temporariness moderates these relationships. The findings show that job satisfaction and organizational commitment negatively influence employee performa…
Complexity as a Driver of Media Choice: A Comparative Study of Domestic and International Teams
International dispersed (virtual) teams are becoming increasingly prevalent in complex international business environments, and their ability to handle internal communication is critical to their performance. Modern information and communication technology offer a variety of media to support team communication. Nonetheless, research is trailing behind practice and offers no established framework to explain media use in contemporary teams. Here, we seek to address this void. In a comparative study of domestic and international teams’ choice of media, we extend media-richness theory by focusing on the construct of complexity. Using structural equation modelling and multigroup analysis to ass…
INNOVATION MANAGEMENT CONTROL: BIBLIOMETRIC ANALYSIS OF ITS EMERGENCE AND EVOLUTION AS A RESEARCH FIELD
Innovation Management Control (IMC) supports innovation management with valuable information, thus improving innovation effectiveness and efficiency. Literature has shown that different elements of a management control system must be interdependent and that its design must form a coherent system of controls that spans the entire process under control. Accordingly, IMC covers the entire innovation process. However, IMC literature is spread over numerous journals from different disciplines, which may prevent the development of holistic IMC systems. We present a bibliometric analysis that provides insights into the development of IMC as a research field and examines the severity of knowledge …
Entrepreneurial ecosystems : a systematic literature review and research agenda
PurposeThe emerging concept of entrepreneurial ecosystems has captured the attention of scholars, practitioners and policymakers. Although studies on entrepreneurial ecosystems continue to grow, their contributions are still disintegrated. Thus, the purpose of this paper is to present a systematic review of extant literature on entrepreneurial ecosystems and to develop a research agenda.Design/methodology/approachThe study deployed a systematic literature review of 51 articles obtained from three comprehensive databases of Web of Science, Google Scholar and Scopus. The analysis includes two phases. First, a descriptive account of research on entrepreneurial ecosystems and second, a content …
Export Barriers and Competitiveness of Developing Economies: The Case of the Ethiopian Leather Footwear Industry
Export competitiveness is an important success factor for developing economies. However, several barriers can prevent firms from exporting. This study empirically investigates export barriers in the Ethiopian leather footwear industry. We identify 10 conceptually linked barriers that are prevalent in the industry. Whereas some of the export barriers are in line with previous research, we find several new barriers such as logistics and export marketing. On the firm level, we identify different clusters of firms that are facing specific sub-sets of barriers. Depending on cluster membership, management must focus on certain export barriers for increasing competitiveness.
Does model consistency in business model innovation matter? A contingency-based approach
Successful business model innovation requires managers to come up not only with new, but also with viable business models. To this end, it has been argued that business model consistency plays a vital role, as the internal fit of business model elements can generate reinforcing effects, thereby influencing performance and competitive advantage. Little research has been conducted to measure consistency and confirm these effects, especially within business model innovation. We tackle this issue by developing and testing a measurement of business model consistency, and investigate its relationship with business model innovation and its performance. We find evidence supporting the positive effe…
AGILITY AND THE ROLE OF PROJECT — INTERNAL CONTROL SYSTEMS FOR INNOVATION PROJECT PERFORMANCE
As a reaction to the rapidly changing environment, organisations increasingly use agile project management (APM) methods to develop innovation. The associated process changes necessitate the adaption of organisational structures and control systems. This study draws on Simon’s Levers-of-Control framework (LOC) to explore the impact of different control levers on innovation project performance. Based on a survey of 316 project managers and product owners, the results suggest that the use of interactive project control systems and project-internal belief systems has a positive impact on the innovation outcome, regardless of the degree of agility of the project. Furthermore, we reveal that a s…
Employee Performance in Temporary Organizations: The Effects of Person‐Environment Fit and Temporariness on Task Performance and Innovative Performance
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Antecedents of team turnover intentions in temporary organizations
Purpose – The purpose of this paper is to shed light on the antecedents of team turnover intentions in temporary organizations such as projects, programs, or temporary teams. Design/methodology/approach – The authors systematically combine the findings from the literature on the antecedents of turnover intentions in permanent organizations (PO) with the characteristics of temporary organizations (TO) and develop a research model comprising personal factors, job-related factors, and organization-related factors. Findings – A research model consisting of testable propositions that the authors derived from both specificities of TO and the antecedents of turnover intentions in PO. Originality/…
Project complexity and team-level absorptive capacity as drivers of project management performance
Abstract Many believe that project complexity reduces project management performance. However, so far research has failed to establish this causal relationship conclusively. We extend research on project complexity by introducing the concept of team-level absorptive capacity and by studying its role as mediator between project complexity and project management success. Applying structural equation modelling to a sample of 285 respondents, we find an unequivocal, direct and positive statistical association between project complexity and delays and overspending. Further, we show that team-level absorptive capacity is critical for successful project management, but also that absorptive capacit…
Projectification in Western economies: A comparative study of Germany, Norway and Iceland
Abstract Projectification has become a buzzword. Although repeated claims of an increasing projectification were often supported by illustrative, case-based evidence, a systematic and complete measurement of projectification of an entire economy - including all sectors and project types - is still missing. A more precise and reliable measurement of the degree of projectification can be helpful for underlying the importance of project management both for research and practice. This paper presents the results of a comparative study in three Western economies: Germany, Norway, and Iceland. Projectification was measured as the share of project work on total work. This allows for a systematic co…
Cushioning the Covid-19 Economic Consequences on Entrepreneurial Ecosystems: The Role of Stakeholders` Engagement, Collaboration, and Support
The Covid-19 (corona virus) disruptions have necessitated a new way of thinking about how entrepreneurship and its environments (ecosystems) function in times of heightened uncertainty. Based on a sample of 237 entrepreneurial ecosystem (EE) stakeholders in Tanzania – an emerging economy, we examine the pandemic economic consequences steered by government countermeasures on the EE-perceived quality and performance. We further examined the role played by EE stakeholders` engagement, collaboration, and support during the crisis. Our structural equation model results suggest that strictness of government counter measures for containment of the current pandemic predicament has a bearing on EE- …
The role of task-related antecedents for the development of turnover intentions in temporary project teams
AbstractHigh turnover can cause serious problems in organizations. Yet, previous research confirmed that HRM practices are useful to influence the development of turnover intentions. Existing studies have revealed a variety of factors that drive individuals to leave permanent organizations (POs) but almost no research has considered turnover in temporary organizations (TOs). Yet, TOs, such as project teams, have become increasingly prevalent and exhibit several characteristics that are distinct from POs. Hence, the antecedents of turnover intentions in TOs may also differ from those in POs. However, empirical evidence for this proposition is still lacking. In order to address this research …
The agility-control-nexus: A levers of control approach on the consequences of agility in innovation projects
Abstract Recent developments indicate a fast-growing relevance of the agile project methodology in innovation. Besides the benefits, agile projects also pose several challenges. Organizations need to come up with an answer to cope with the inherent risks of agile projects. The adaption of management control mechanisms is key to foster the benefits of agile. However, the ongoing debate on the benefits of control systems for innovation and the harm of control systems for achieving agility creates a nexus. Further research on how to adapt existing mechanisms is required to obtain a better understanding and provide guidance for organizations. Building on Simon's levers-of-control (LOC), this st…
Mitigating Coopetition Tensions: The Forgotten Formation Stage
The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link. Coopetition entails tensions inherent to collaboration with competitors. This paper focuses on the coopetition formation stage and its effects on the development of tensions. We performed interviews with executives of coopeting firms, create case studies of organizations that initiate and execute coopetition agreements for other firms, and then study firms engaged in mutual coopetition. While this study confirms previous findings that coopetition formation can be deliberate or emergent, it also reveals that the two approaches differ in strategy …
Toward a wiser projectification: Macroeconomic effects of firm-level project work
Abstract Several studies have investigated projectification and its effects at the firm level, but the macroeconomic implications of project work have scarcely been considered. This paper analyzes the macroeconomic effects of firm-level projectification. We study the interlinkages between different sectors by extending standard input-output modeling and analyze the static and dynamic effects of projectification. The results indicate that projectification can have positive macroeconomic implications for production/innovativeness, employment and income that differ across economic sectors, but projectification can also have negative impacts. As a major implication, the use of temporary forms o…
Performance Outcomes of Turnover Intentions in Temporary Organizations: A Dyadic Study on the Effects at the Individual, Team, and Organizational Level
This research examines the link between turnover intentions from temporary and permanent organizations and how both types of turnover intentions affect employee performance at an individual, temporary and permanent organizational level. Using dyadic data from 253 team members and their supervisors we find that turnover intentions from temporary organizations significantly enhance turnover intentions from permanent organizations, which leads to decreasing performance at all three levels. A moderation analysis suggests that companies can reduce detrimental effects of turnover intentions from temporary organizations by providing transparency and possibilities to participate in staffing process…
Measuring business performance in the metal finishing industry by combining theory with practice
Little attention has been spent on the adaptation and implementation of theoretical Business Performance Measurement (BPM) models to specific industry and company contexts leading to a limited prac...
How to unleash the innovative work behavior of project staff? The role of affective and performance-based factors
Abstract Although the literature generally presumes that temporary forms of organizing such as projects are especially suitable for generating innovation, empirical support for this assumption that goes beyond case-based evidence is still scarce. The study at hand aims to close this gap in research by investigating how the characteristics of temporary organizations (TOs) affect an individual's innovative work behavior (IWB). By applying a structural equation modeling approach on an Austrian-German sample of 583 TO professionals, it can be shown that both, performance-based factors and affective factors are having a significant impact on the emergence of IWB. However, the hypothesized modera…
Extending the Transactional View on Public–Private Partnership Projects: Role of Relational and Motivational Aspects in Goal Alignment
AbstractIn public–private partnerships (PPPs), aligning the goals of the public sector with those of the private contractor is usually achieved using incentives informed by agency theory. However, ...
Understanding the antecedents of organizational commitment in the context of temporary organizations: An empirical study
Abstract This study investigates how the characteristics of temporary organizations affect an employee’s commitment to the temporary organization, and more precisely, whether the respective effect is similar or opposite to that in permanent organizations. We examine job-related and organizational antecedents of organization commitment, and test to what extent their effects differ in the context of temporary organizations using a data set of more than 600 professionals. Further, we find that an employee’s work-life conflict has a mediating role on these relationships. Our study contributes to research by simultaneously considering several antecedents and how their effects may differ between …