Search results for "entrepreneurship."
showing 10 items of 629 documents
Business Angel Investments: Risks and Opportunities
2015
Abstract For the last few years the need of improving the access to finance for the companies, especially SME's (small and middle enterprises), has been on the agenda in European Union. As long as the traditional financing such as bank loans became more complex to attract, the development of alternative investment, like seed and start-up capital investments, crowd funding, venture capital and Business angels, became a bold topic. Moreover, there is an opinion that development of alternative investment might be seen as a ground for boosting economic activity and entrepreneurship development. Even though a lot of various studies have been done on the evaluation and description of alternative …
Institutional Contexts, the Management of Patent Portfolios, and the Role of Public Policies Supporting New EntrepreneurialVentures
2009
This chapter aims to increase our understanding of the relationships between firm strategies, the design of institutional contexts on behalf of public agents, and the stimulation of diffused entrepreneurship within the economic system. In particular, it analyzes the way in which firm patent portfolio management strategies may systematically hinder the emergence of entrepreneurial endeavors within the economic system and, on this basis, critically discusses how the acknowledgement of these interactions should influence the design of public policies at the economic system level. We argue that in economic contexts where intellectual property rights (IPR) are influential, large firms may intent…
How Does the Romanian State Support the Increase of Energy Efficiency of Buildings by Using Public Funds?
2020
Abstract The issue of improving the energy efficiency of buildings in Romania is one of interest, both for the state authorities and for the population. The general purpose is to encourage the production of thermal energy and domestic hot water through the use of renewable energy sources. This is part of the EU's long-term objective of decarbonising the existing and inefficient European real estate park. In order to start renovating the existing buildings on the national territory, considerable financial resources are needed which the owners should have. The Romanian state, through the Agency for Environmental Protection, comes to the support the interested persons by granting financial sup…
PROMOTION OF ADULT EDUCATION IN THE INNOVATIVE BUSINESS
2015
The notions of adult education and innovative entrepreneurship have been described and analysed in the article. According to the characterization of the essence of notions, conditions of innovative entrepreneurship have been analysed. The emphasis has been put on the main problem concerning sustainable community development related to the contributions made to human resources and adult education, enabling innovative entrepreneurship oriented on the human ability to create and use their knowledge in constantly changing environmental conditions, responsible for work organisation satisfying current people’s social and economical needs, thought at the same time not endangering next generations.…
Índice de Capacidades Asociativas : construcción teórica y propuesta metodológica de cálculo para organizaciones de economía solidaria
2018
La construcción del concepto de capacidades asociativas y el diseño de una metodología para calcular sus índices, han sido la razón principal de este estudio que tomó como unidad de análisis a la nacionalidad Tsáchila. Este grupo poblacional indígena está radicado en el cantón de Santo Domingo en Ecuador, y posee limitaciones económicas, organizacionales, educacionales y culturales que ponen en riesgo su conservación étnica. Al aplicar la investigación sobre capacidades asociativas en la nacionalidad Tsáchila, se pretendió identificar las fortalezas y las debilidades presentes en las relaciones económicas de solidaridad de este grupo étnico, de manera que puedan invertir su situación defici…
Entrepreneurial choices depend on trust : Some global evidence
2022
Interpersonal trust and people’s trust in institutions are important components of social capital, which has been shown to have not only innate social value but also diverse direct and indirect positive social and economic impacts. Using data for an economically and globally diverse group of countries, we examine empirically how changes in interpersonal trust and trust in institutions affect entrepreneurship over time. Our findings suggest that (1) enhancing either type of trust leads to more entrepreneurial activity and (2) an increase in interpersonal trust causes a structural change in the composition of the TEA-type entrepreneurship. Increased trust reduces the share of relatively lower…
Alliance formation as growth opportunity for non-publicly traded companies: a value-added service provided by private equity investors
2016
We analyze the role of Private Equity firms (PE-Firms) as a governance mechanism, focusing on their role as social intermediaries, helping their portfolio companies to form alliances and thereby spurring entrepreneurial growth. Alliances as long term inter-firm cooperations are considered to be a main source of firm-innovation. External growth via alliances is especially important for small to medium sized companies (SME) – largely dominant in Europe (up to 99%)–, because their internal resources are limited. Since a few years, these facts lead governments to undertake actions aimed to create environments that boost inter-firm linkages and entrepreneurial clusters. In European countries, su…
Private Equity Investors as Matchmakers: Alliance Formation between PE-backed firms
2016
International audience; Alliances as long term inter-firm cooperation are seen as an important factor of economic growth. They are particularly important for small to medium sized companies whose internal resources are scarce. This article analyses the role of Private Equity Firms that constitute a major source of financing for non-publicly traded small to medium sized companies, in the formation of alliances for their portfolio companies. While previous studies analyse the question in the light of mainstream theories, we rely on the dual theory of the firm, combining the contractual/mainstream view and the knowledge-based view. Contrary to the current literature, our study does not rely on…
Creating Franchised Businesses Through Franchisee Training Program — Empirical Evidence from a Follow-up Study
2007
The Finnish franchisee training program was a unique training program since it was government financed and provided to prospective franchisees by a third party. The organizing parties were the Finnish Employment and Economic Development Centres and a private consultation company specialized in franchising. The training program aimed to find people interested in becoming franchisees and to give them the essential skills and knowledge a franchisee needs.
Improving e-economy by regional governments
2014
Purpose – The purpose of this paper is to analyse and assess a government support programme for business innovation in a very peripherical European region: the Spanish region of Andalucía. Design/methodology/approach – Endogenous development approach is used to categorize the main public and private actions included in the government ICT support programme. Cross-time analysis has been carried out by using three territorial indicators of diffusion and effective use of ICT: the physical aspect, refereed to the infrastructures used as a base for the information society development (infrastructures, technology and equipment); the actors and their degree of organization (firms present on the in…