Search results for "Econometric"
showing 10 items of 3780 documents
Special Issue on: Small business and entrepreneurship: their role in economic and social development
2015
Since the 1980s, small business owners and entrepreneurs have been receiving greater recognition as drivers of economic growth. Recently, several studies (Forsman 2011; McKeever, Anderson, and Jack...
Modes of innovation and differentiated responses to globalisation - a case study of innovation modes in the Agder region, Norway
2011
Published version of an article in the jounal: Journal of the Knowledge Economy. Also available from the publisher at: http://dx.doi.org/10.1007/s13132-011-0060-9 The main argument of this paper is that firms and industries are dominated by different innovation modes and that they therefore respond differently to challenges of globalisation. The paper differentiates between three modes: science, technology and innovation (STI), doing, using and interacting (DUI) application mode and the DUI technological mode. These innovation modes are based on different dominant knowledge bases, modes of learning and external knowledge. What is the implication of these differences with regard to competing…
Unleashing Growth Potential in ‘Stunted’ SMEs: Insights from Simulator Experiments
2006
The literature recognises the phenomenon of 'dwarf' or 'stunted' small and micro firms (in Italian nanismo aziendale) and that they might represent potential lost opportunities for owners and the local economy. This paper describes the development of a simple 'insight' model to simulate the behaviour of such firms. The model replicates the basic no-growth, cyclical behaviour attributed to them and shows how changes in targets and attitudes towards asset management can change that behaviour to one of stable growth. In this simple form, the model does link behaviours to system structure and could support individual entrepreneurs in understanding the reasons for dwarfism in their firm and the …
The impact of corporate characteristics on the financial decisions of companies: Evidence on funding decisions by Italian SMEs
2015
Small and medium enterprises (SMEs) represent a large percentage of the corporate tissue of developed countries, but they do not have adequate attention. In fact, various researchers have focused their studies on larger and well-known companies. This paper aims to investigate the impact of corporate characteristic on the financial choices of SMEs, with a specific focus on agro-food micro companies. Access to finance is vital in business start-up, development and growth for SMEs, all with very different needs and facing different challenges in terms of finance compared to large companies. The lack of equity invested in small enterprises makes them more dependent on other external sources (e.…
To survive or succeed? : An analysis of biotechnology firms
2017
In this paper, we address the question whether there exists differences in the determinants that support survival versus success of small and medium-sized high-tech firms. We examine this question in the context of Finnish biotechnology industry by analyzing the survival of all dedicated biotechnology firms in the period of 1978–2008. We argue and show that the success and survival of firms are not necessarily driven by similar determinants. Specifically, we find that while the role of different types of alliances, focused market scope as well as legitimacy of the industry seem to be important both ensuring in survival and enhancing successful performance, determinants related to sources of…
Measuring readiness for entrepreneurship: An information tool proposal
2016
Abstract A profound review of the literature on entrepreneurship reveals that it does not exist a specific information tool to measure the individuals’ readiness for entrepreneurship. The purpose of this research has been building such kind of instrument to estimate the individuals’ readiness for entrepreneurship. Its design takes in consideration the inclusion of the main variables identified by the literature as those most associated with entrepreneurial profiles. These variables have been grouped into three categories: sociological, psychological and managerial-entrepreneurial. Each group provides batteries of items which are evaluated thanks to a specific scoring system. The final objec…
Urban Smartness: Perspectives Arising in the Periphéria Project
2012
The paper discusses the concept of “urban smartness” starting from the early results of the Peripheria Project. Peripheria is a 30-month pilot B action funded by the European Commission under the CIP ICT PSP Programme and it aims at deploying convergent Future Internet platforms and services for the promotion of sustainable lifestyles in and across emergent networks of “smart” peripheral cities in Europe. Peripheria develops the Living Lab premise of shifting technology R&D out of the laboratory and into the real world in a systemic blend of technological with social innovation. It defines five archetypical “Arenas”—specific urban settings or innovation playgrounds, with defined social feat…
Do general innovation policy tools fit all? Analysis of the regional impact of the Norwegian Skattefunn scheme
2017
Background: The paper examines the regional effects of a general innovation policy, i.e. a policy tool that does not target specific industries or subnational regions. General policy tools are an important part of the portfolio of innovation policy measures. However, there is a question over whether general tools are equally relevant for all types of firms, irrespective of their size, sector and location. Findings: The economic geography and innovation study literature, as well as the EU’s Smart Specialization approach, are based on the view that innovation policy tools must be adapted to specific regional conditions. General policy tools are insufficient unless they are adapted to individu…
Opportunity Recognition in Social Entrepreneurship
2012
Opportunity recognition (OR) is at the very heart of entrepreneurship. However, research on OR in the context of social entrepreneurship is still in its early stages. First, this article identifies, codifies and analyses OR-relevant articles on social entrepreneurship (SE) through the lens of Sarasvathy’s three views of entrepreneurial opportunity recognition. In the second step, statistical methods are applied on the results to indicate possible correlations among different schools of thought in SE and views on OR. OR in social ventures is found to be a prevalent topic in SE literature and differences in OR between social and commercial ventures are found.
Stakeholder perceptions of alternative food entrepreneurs
2009
This paper focuses on rural entrepreneurs' perceptions of their stakeholders with respect to their influence towards the economic success of farms and environmental issues, as well as their trustworthiness. There is special emphasis on the comparison of perceptions between suppliers of alternative food supply chains and suppliers of conventional supply chains. Survey research, with a final sample size of 522 rural entrepreneurs in Central Finland, was used as a research method. The results showed that 28% of the respondents could be defined as alternative food entrepreneurs. Significant differences between alternative and conventional food entrepreneurs were related to perceptions towards c…