0000000000285566
AUTHOR
Jose Antonio Clemente
A novel application of fuzzy-set qualitative comparative analysis to GEM data
Abstract This study constitutes a novel application of fuzzy-set qualitative comparative analysis to Global Entrepreneurship Monitor (GEM) data. This study seeks to demonstrate that fsQCA enriches previous conclusions from linear regression analyses that state that a relationship exists between the GEM's Total Entrepreneurial Activity rate (TEA) and variables representing entrepreneurial attitudes and social values of adult populations toward entrepreneurship. FsQCA allows researchers to estimate which of these attitudes and social values are necessary, sufficient, or both for full membership in the set of most entrepreneurial active countries within the set of GEM innovation-driven countri…
Which Factors Favour Becoming a Technology-Based & Highly Innovative Firm? The Role of Knowledge, Technological and Managerial Capabilities, and Entrepreneurs’ Education Background
Which resources and capabilities ease the change to become a Technology-Based and Highly Innovative Firm – TB&InnF –, focused in the creation of value to market? We analyse this question using a novel data panel assembled for 326 Spanish industrial firms, along the period 1984-2012. Our findings show the probability of becoming a TB&InnF growths when firms are able to accumulate a high endowment of knowledge and technological capabilities, and a managerial team with: experience, strong power position and previous technical and managerial education. Results also indicate the CEO´s educational profile in management is preferable to a pure technical profile, because this complements firm´s kno…
Leverage and Family Firms
This chapter analyses the relationship between ownership structure and leverage, providing an integrated theoretical approach that combines traditional financial theories, agency theory, and recently developed theories relating to non-financial preferences. The results show that, after controlling for endogeneity, being a family firm has a positive effect on the propensity to incur debt. These findings add to the existing body of literature and underline the need for a multi-theoretical approach when explaining the capital structure of family firms. The authors apply panel data methodology to control for individual heterogeneity of family firms. The chapter uses a sample of Spanish firms op…