A spiral model for quality management dimension.

by BOCA, Gratiela Dana [2012-02-01]

Academic Journal

pages 7

This paper present a working model for transformational leadership. The last 20 years has seen an incredible increase in technology. Most of the principles of good leadership remain the same, regardless of how technology changes. However, technology presents new chal-lenges for leaders. One of the benefits of modern technology is the ability to communicate with anyone anywhere in the world. While this is a benefit for businesses looking to expand, it presents unique challenges for leaders. Many leaders have a leadership skill set that relies heavily on their personality and “presence”. Many of these skills don't translate well into electronic communication. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 8

The paper proposes a systematization of the key success factors of projects, through the theoretical review of family-owned companies operating in the EU market. It is the small and medium companies that in their own way contribute to the overall success of the national economy in terms of economic activity, increased employment, development activities and defining better business environment. The theoretical review observed numerous studies of family businesses, and the contribution of this work is in the systematization of the results of previous research - over three horizons, i.e., over the role of managers in the creation of successful projects (or owner if it is a family enterprise), institutional support for companies in Serbia and the EU, specific industries and the parent (regional) markets where a family company operates. Project management, as a general representation of the concept of implementation of strategic and operational endeavors, contains many specifics in terms of critical success factors of projects depending on the environment in which they are implemented. The goal of the paper is reflected in the identification and presentation of critical success factors of projects implemented in family companies. The paper concludes with a discussion of the research results in relation to the existing, similar research studies, as well as with the announcement of future research, which will examine the conclusions drawn on a real sample. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 22

The growth of the youth population in Africa, combined with crises in socio economic development, has rationalised the need for youth entrepreneurship based upon its potential contribution to the economic empowerment of those who take on the challenges of an entrepreneur. The need for youth entrepreneurship is given credence by the African Union, which offers several frameworks and programme initiatives in this regard. Signatories of the African Union are required to respond to these within their own context, as a means of making a meaningful contribution to these frameworks, through country specific policies, programmes and initiatives. This article examines the policy context for youth entrepreneurship in Zimbabwe as a driver of economic growth, and in so doing draws on both primary data, drawn from the findings of a qualitative empirical study conducted in Masvingo Province, and secondary data sources, to reflect on some of the policy implementation challenges experienced by both youth, engaging in projects, and relevant government managers. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 4

Urgency of the research. In the conditions of global multivectorial economic calls, innovative activity is the key sign of successful enterprises. Informatization and strengthening of business-processes communication technologies roleprovide effective co-operation of all levels of management and predetermine the researches actuality. Targetsetting. The article is directed on the grounding of incoming information role in providing of innovative activity and economic development of enterprise in the conditions of dynamic changes of external environment. Actual scientific researches and issues analysis. The modern world market of commodities and services is now more and more growing into the market of innovative products. Leading positions in a production are provided by the use of the newest developments, unique technologies and now-how. Development and perfection of the base government innovative activities become an important part of the financial and labour resources of enterprise maintainance, providing an adequate reaction on market environment changing. Questions of enterprise adaptation to the changes of external competive environment are in a center attention of many leading economists Uninvestigated parts of general matters defining. A research necessity is explained by the absence of the system approach at consideration of causal parameters of the connections which provide the effectiveness of the innovative activity. The research objective. Development of the scientific and methodical approach to the structuring of incoming information for the administrative decisions analytical substantiation in relation to strengthening of innovative activity of enterprises, which unlike the existing ones will allow providing business effectiveness in modern terms. The statement of basic materials. Realization of providing of innovative activity and economic development of enterprise in the conditions of dynamic changes of external environment is effective on conditions, when an enterprise has necessary entrance information. It predetermines the creation of informative databases, methods and mechanisms of the enterprises strategic management development. Conclusions. Effective activity of the enterprises at the market depends on the ability to adapt and retain proof positions in a business-environment. Support herein is forming of entrance information management structure taking into account interconnection of different economic factors and their separate influence on the efficiency of the production systems functioning. [ABSTRACT FROM AUTHOR]


Conference

pages 7

The digital transformation of actual economy is changing business models, demanding different skills including innovation and entrepreneurship, digital competences, and learning to learn, needed for enabling competitiveness. Within this sphere, the modernization of higher education institutions through embracing technological changes and new digital teaching and learning practices in the campus gains strategic relevance and acts as catalyzers for business and future job creation. The scope of the study is limited to reviewing official documents, reports, initiatives and best practices at European level and to qualitatively evaluate the steps needed to be performed by the national higher education providers to embrace digital transformation into the current teaching and learning practices. The methodology commences with analyzing the trends of demands in terms of the digital skills of young graduates at EU level, being complement by the country statistical data and key initiatives which help to equip graduates with the right occupation-specific skills such as digital skills, creative thinking, problem solving, and ability to work in an interconnected technological world. The author proposed a conceptual model which captures the digital teaching and learning practices into the modernization strategy of higher education institutions, mainstreaming best practices and sustaining the environment required for good governance and oversight of education quality. The results attempt to provide a structured and process oriented action for defining, implementing, evaluating and adjusting the effective use of digital learning technologies as key means for seize the opportunities of the digital revolution and for enabling the potential of knowledge-base on digital skills. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 35

Public policy regulations, designed to legitimate and protect fragile, fledgling new firms from failure, on the surface, appear to be of great value. According to Stinchcombe, to the extent that such policies serve as “standard social routines,” they may even work to decrease the liability of newness. Using a sample of more than 2,600 new banks chartered in the United States over a 15-year span under the supervision of three different regulatory agencies, we find that failure rates vary according to nuances in the differences in regulations levied by these agencies. Paradoxically, banks that are initially subject to more stringent regulations, intended to limit their strategic choices to a set of “safe and sound” practices, and protect them from failure during their early stages of existence, in fact, have a higher likelihood of failure after those restrictive regulations are lifted. Our results suggest that public policy attempts to thwart the liability of newness are in fact a “fix that fails,” as public policy regulations designed to reduce the liability of newness merely delay the inevitable. [ABSTRACT FROM AUTHOR]


British Entrepreneurs and Pre-Industrial Revolution Evidence of Cost Management.

by Fleischman, Richard K., Parker, Lee D. [1991-04-01]

Academic Journal

pages 15

Accounting histories have dated the advent of sophisticated cost management from the mid-1880s (Solomons 1952). The scientific management movement is credited with instituting and popularizing cost management techniques. However, it might be suspected that British entrepreneurs of the Industrial Revolution would have developed sophisticated costing techniques earlier, given their significant methodological advances in other economic areas. This article reports the findings from surviving business records of 25 sizeable British industrial firms (mostly in the iron and textile industries) from 1760 to 1850. Substantial evidence of a relatively mature cost management has been found in four major areas of activity: cost control techniques, accounting for overhead, costing for routine and special decision making, and standard costing. Speculations about the motivations for cost management and about specific factors influencing the iron and textile industries are considered. Because the accounting practices of these firms predated the genesis of "the costing renaissance" a century later, our understanding of cost management practices in the Industrial Revolution is augmented by the survey. [ABSTRACT FROM AUTHOR]


Entrepreneurial Imaginativeness in New Venture Ideation.

by Kier, Alexander S., McMullen, Jeffery S. [2018-12-01]

Academic Journal

pages 31

Although theories of entrepreneurial action regularly acknowledge the importance of imagination, the ability is rarely defined or measured, and thus effectively treated as uniform in degree and type. Using a creative problem-solving lens, we identify and measure three different cognitive skills—creative, social, and practical imaginativeness—that vary across individuals. Each skill combines the ability of imagination with the knowledge needed to mentally simulate various task-related scenarios used in generating and selecting ideas for new value creation. We then conduct a quasi-experiment to examine each skill's relative effect on new venture ideation. We find that the three imaginativeness skills vary across individuals and that they predict new venture idea quantity and quality differently over and above the effects of motivation, knowledge, and experience. We conclude with implications for theory development in entrepreneurship and creative problem-solving. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 14

The rise of the collaborative economy has just started to become a reality in the economy of the countries in the European Union. The aim of this article is to use Goal - Question - Metric methodology to verify that the rise of Internet searches has an impact on collaborative economy. Specifically, Airbnb was the collaborative economy service analyzed. The demonstration was carried out with a statistical analysis of the Internet searches, looking at their evolution in Spain, Portugal and USA over the past 10 years. A working hypothesis was also defined to test whether the demand for information about Airbnb has a positive influence on the total spending of tourists who booked apartments in Spain during the period between July 2015 and August 2016. The results lead us to make a projection of growth for Airbnb service in the coming years. The case studied is very representative of this economic model, even though there is a large number of lesser-known websites. Finally, the results corroborate previous studies that defend that tools for studying trends and correlations of search terms are techniques that help decision making in studies and market research. [ABSTRACT FROM AUTHOR]


Building Entrepreneurial and Innovative Organizations.

by Coulson-Thomas, Colin [2013-03-01]

Periodical

pages 14

Traditional compliance can stifle enterprise while appropriate support can both liberate and reduce risk. The interests of customers, independent entrepreneurs, companies and investors are rapidly converging. We are at a turning point in the relationship between people and organizations and between micro-businesses and larger companies. Performance support gives us an historic opportunity to reconcile and align individual and corporate goals. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 7

The article examines the professional qualities that a public manager should have and the way an organization can develop innovation within. A greater weight should be given to top personnel recruitment and promotion to substantive and managerial qualifications. First-class executives and managers will be required to develop more effective and productive organizations. In managerial posts, the magnitude of the difference is colossal because the whole work force is affected. Even when the aim is to select superior persons, most selections seem to be based on physical appearance and glib talk rather than on substantive, intellectual, and behavioral essentials. The principal requirement of a good administrator is an insatiable curiosity. A manager should have a blend of knowledge and competence in handling the tasks and intellectual, entrepreneurial, behavioral, interpersonal abilities. Organizational innovation requires inventiveness, transfer, adaptation, experimentation, negotiation, decision, installation, readjustment, and evaluation. It is risk taking.



Conference

pages 9

The paper deals with the term professional competence of kindergarten teacher and specific professional competences of English kindergarten teacher. It explains the concept of entrepreneurship as a necessary and vivid component in relation to teacher's and child' performance. It states ten proven classroom management strategies which should be used by professionally competent English kindergarten teacher. Practical part offers partial research results from three kindergartens in terms of used teaching methods and organizational forms. [ABSTRACT FROM AUTHOR]


INNOVATION AND GROWTH WITH FINANCIAL, AND OTHER, FRICTIONS.

by Chiu, Jonathan, Meh, Cesaire, Wright, Randall [2017-02-01]

Academic Journal

pages 31

The generation of ideas and their implementation are crucial for economic performance. We study this in a model of endogenous growth, where productivity increases with innovation and where the exchange of ideas (technology transfer) allows those with comparative advantage to implement them. Search, bargaining, and commitment frictions impede the idea market, however, reducing efficiency and growth. We characterize optimal policies involving subsidies to innovative and entrepreneurial activity, given both knowledge and search externalities. The role of liquidity is discussed. We show intermediation helps by financing more transactions with fewer assets and, more subtly, by ameliorating holdup problems. We also discuss some evidence. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 22

Innovations and the capacity to innovate are crucial factors for regional development. Regional growth is not an exogenous or independent phenomenon, but more or less 'derived' from the ability of the local business to perform and generate income. For this reason, attention has been on the factors facilitating growth and the mechanisms stimulating innovative behaviour in large, small and medium-sized enterprises. This paper aims to analyse the changing development strategies and policy set-up in Denmark with regard to regional development and innovation. Core elements are to improve the abilities for knowledge dissemination, innovation, and local entrepreneurship. The analysis provides a closer look into the role of innovation in regional policy, and which type of policies can stimulate innovative activities in business and industry. Recent examples from Denmark representing new approaches to the implementation of innovative development measures are presented and evaluated. Finally, the main results are presented with special attention to organizational and functional aspects of a knowledge-based regional development policy. Among the results are that untraditional measures are needed in particular if innovation policy should reach SMEs and firms not located adjacent to knowledge institutions. [ABSTRACT FROM AUTHOR]


A Typology of University Business Incubators: Implications for Research and Practice.

by Nicholls-Nixon, Charlene, Valliere, Dave, Hassannezhad, Zohreh [2018-01-01]

Conference

pages 9

The use of incubators and accelerators as institutions to facilitate the development of new business ventures has exploded worldwide in recent years. In particular, there is significant growth in the numbers of university-based business incubators (UBIs), which are incubators housed at and closely integrated with the knowledge development and dissemination activities of universities. In addition to the common incubator objectives of company creation and economic wealth generation, these incubators therefore also have objectives related to student experiential education and the commercialization of university IP. This divergence of stakeholder objectives creates unique challenges for UBIs, which have been addressed through a wide range of structures, processes and management models. This paper is an attempt to bring greater clarity to this situation by proposing a typology of UBIs, based on broad review of the UBI literature and data from incubator management practitioners. The typology examines UBIs from the perspectives of Stakeholders, Objectives, Strategic Focus, Incubation Processes, Resources and Services provided, and the resulting Socioeconomic Effects. Use of a clarifying typology by future researchers should help guide future UBI research by suggesting potential linkages between the context of different universities and the appropriate UBI types. This should lead to more valuable insights than current "one size fits all" isomorphic approaches to UBI management. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 17

Incubators are gaining popularity as entrepreneurship promotion agencies. Although the services and production sectors are equally important for Indian nation but the former continues to lure potential entrepreneurs for reasons of reduced production hassles, workers' management, government clearances, compliance of various legislations, adherence to labor laws,, etc. In case of business incubators, the qualified youth with intention for either kinds of business ideas, viz., Product-based Business (PBB) or Idea-based Business (IBB), may require and seek the initial support and mentoring provided by them, and the incubator managers have to oblige. But, cluster theory as well as the theory of entrepreneurship capital, suggests a likelihood of non-equal business preferences in societies. Using the State of Jammu and Kashmir in India as a case, this paper attempts a comparative confidence analysis of the PBB or IBB intentions of first-generation entrepreneurs. The findings of significant differences are reported and the likely reasons and suggestions are discussed. [ABSTRACT FROM AUTHOR]


Fish out of Water: Translation, Legitimation, and New Venture Creation.

by Tracey, Paul, Dalpiaz, Elena, Phillips, Nelson [2018-10-01]

Academic Journal

pages 40

We draw on institutional theory to study a common type of new venture creation that has been neglected in the literature: the translation of an existing organizational form from a different—and misaligned—institutional context. To do so, we conducted an in-depth case study of H-Farm, an Italian venture that was founded as a business incubator, a type of organization that first emerged in Silicon Valley and other U.S. technology regions. Our study illuminates the specific configuration of legitimacy pressures inherent in this type of entrepreneurship, and theorizes the strategies that entrepreneurs can enact to address them: local authentication work, category authentication work, and dual optimal distinctiveness work. We also show that the legitimacy pressures experienced by entrepreneurs may vary significantly as ventures mature, and challenge the notion of a specific "legitimacy threshold" that new ventures are required to reach. Finally, our model conceptualizes translation as an iterative, dynamic, and ongoing accomplishment rather than a "one off" activity with clear beginning and end points. [ABSTRACT FROM AUTHOR]


MARKETING CHALLENGES FOR SOUTH AFRICAN PUBLIC SECTOR BUSINESS INCUBATOR.

by James, Donaldson Walter, Maria, Pauceanu Alexandrina [2017-12-01]

Academic Journal

pages 21

Entrepreneurship and innovation form the cornerstone of economic development in many developing countries. Through this, rather ideal combination employment can be enhanced, communities can be uplifted through education, and growth can be increased through discretionary purchasing power. This cycle has positive spinoffs which can alleviate poverty and decrease famine. Recent local research suggests that more than eighty percent of entrepreneurs, start-ups and Business 'Incubatees' don't make it through their first year of establishment after leaving a Business Incubator programme. This paper tries to identify some of the marketing challenges faced by Business Incubators, and indeed BIMs in the Public Sector environment in South Africa. Identification and highlighting the possible drawbacks for 'incubatees' may assist them with success or meeting competitive challenges when they depart from the security of the relevant programmes. This study examines some of the skills, knowledge and attributes required for BIMs in this sector and what is required to meet the business and marketing challenges faced to remain sustainable. The survey was aimed at the largest, focused segment of South African Business Incubators affiliated to the industrial public sector and the hypothesis was to prove that strategic marketing information, acumen and knowledge is a key differentiator towards the growth and sustainability of Business Incubators in that sector. It is notable that these marketing challenges may also compare favourably with several other public sector segments in relevant countries of the southern African region as similar macroeconomic challenges are faced. [ABSTRACT FROM AUTHOR]


EXPANSION AND EVOLUTION OF INCUBATION PROGRAMS AND ENTREPRENEURSHIP DEVELOPMENT IN INCUBATORS IN THE STATE OF GOIÁS, BRAZIL.

by Pereira, Bruno Alencar, Figlioli, Aline, de Oliveira, Danúsia Arantes Ferreira Batista, da Silva, Emília Rosângela Pires [2018-01-01]

Academic Journal

pages 17


Peculiar features of business incubators functioning: Ukrainian and world experience.

by Imanberdiev, Burhan, Cherep, Alla, Cherep, Oleksandr, Mostenska, Tetiana [2018-04-01]

Academic Journal

pages 13

Introduction. It was analyzed the modern approaches to the functioning of business incubators in Ukraine with the purpose of ensuring the initiation of effective structural changes in the national economy. Materials and methods. The experience of creating and operating business incubators in the United States, Italy, Britain, Portugal, Brazil, China has become a material for research. Results and discussion. Business incubators play an important role in the development of national economies. The creation of business incubators will provide conditions for the development of entrepreneurship in the agri-food sector, the creation of new jobs, the effective use of innovative capacity and resources. The largest number of start-up projects is in the following areas: service - 17%, trade - 13%, industry - 9%, IT - 8%, hotel and restaurant business - 7%, transport and agriculture - 6%. Implementation of the main functions of business incubators, namely: business expertise for new enterprises and financing contribute both to the economic development of regions and increasing their investment attractiveness, and to the development of entrepreneurship, ensures the implementation of innovative ideas, creating additional jobs, and improving the welfare of the population. In Ukraine the prospects of business incubators are determined by the following factors: increasing demand of business structures for new training technologies, consulting and information support; increasing demand of potential investors that not only should firms prove their steady material and financial position but also show an ability to dispose of investments provided to them; credit policy of banks forbidding companies to take up loans to purchase fixed assets, especially buildings, office and other equipment which results in an increase of their costs and reduction of current assets; pre-final stage of market formation which increases competition and makes business spend more time on sales of goods (services), diverting their attention from issues of functional management and strategic marketing; time needed for startups to develop and adapt to the market under terms of the current fiscal policy. Conclusion. The study of the history of the creation of business incubators in the world made it possible to identify the main directions of innovative entrepreneurship and the prospects for its development in Ukraine. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 10

The paper problem connected with two potential function of the incubator center (learning factory and teaching laboratory) and its analysis. The concept of the learning factory at Penn State was recognized by the National Science Foundation with a "Gordon Prize" for innovation in engineering education in 2006. Recently the use of learning factories has increased especially in Europe. Learning factories have many different models with one common goal. The goal is to enhance engineering education. Research has shown that learning by doing leads to greater retention and quicker mastery of the subject. Second very important function of the incubator center is learning factory. In USA this approach is use in engineering courses. Where they are realized in incubators they can be more effective in many fields especially practical. Students in incubator center can do hand-on experiments and gain practical industrial experience. This is very important in engineers education process. [ABSTRACT FROM AUTHOR]


APPLICATION OF IMPORTANCE AND PERFORMANCE MATRIX TO ASSESS THE QUALITY OF SERVICES PROVIDED BY BUSINESS INCUBATOR.

by de Oliveira Godeiro, Diego Philipe, Ribeiro Dantas, Marcel Lima, da Silva, Dmitryev Cyreneu, dos Santos Celestino, Maxwell [2018-09-01]

Academic Journal

pages 29


Dare to Dream: New Venture Incubator for Older Adults.

by Hantman, Shira, Gimmon, Eli [2014-10-01]

Academic Journal

pages 8

The purpose of this article is to describe a project that aims to foster active aging through entrepreneurial activities among older adults. The project establishes the feasibility of implementing an intervention program that assimilates the concept and capabilities of entrepreneurship among older adults and supports them while launching new ventures. A 12-meeting training program was provided to the selected participants followed by continuing support through a tailor-made incubator. The pilot experiment selected a group of retirees who sought work and had no previous entrepreneurial experience. Of the 22 participants in the intervention program, 15 (70%) actually started a microenterprise based on their previously formulated ideas and past work experience and encouraged by participation in the program. Fostering older adults’ entrepreneurial activities has value much further than fulfilling individual needs because it provides benefits to the welfare of the community as well as to the economy. The pilot experiment suggests that this type of intervention program is feasible and warrants further studies. [ABSTRACT FROM AUTHOR]