Template-Type: ReDIF-Article 1.0
Author-Name: Renato Passaro
Author-X-Name-First: Renato
Author-X-Name-Last: Passaro
Author-Name: Ivana Quinto
Author-X-Name-First: Ivana
Author-X-Name-Last: Quinto
Author-Name: Antonio Thomas
Author-X-Name-First: Antonio
Author-X-Name-Last: Thomas
Title: Supporting entrepreneurship policy: an overview of Italian start-up competitions
Abstract:
Innovative start-ups are currently considered to be an important channel for industrial change and for the renewal of economic systems. Among the initiatives that have been implemented to promote their diffusion, start-up competitions (SUCs) have received much recognition from policy-makers, followers and participants. Although the number of SUCs has grown, there are no comprehensive or systematic overviews of SUCs in the literature. Hence, this paper presents a cross-sectional exploratory analysis of Italian SUCs to provide an overview of their core characteristics. This in-depth study will support the diffusion of SUCs and will provide a foundation for the creation of a suitable ecosystem to improve the processes of business start-ups. The results show that the diffusion of SUCs is accompanied by deep structural changes, which can be interpreted as a consequence of the growing involvement of private organisations in promoting SUCs. Nevertheless, wide-ranging public intervention appears to be necessary to increase the effectiveness of SUCs.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 1-30
Issue: 1
Volume: 24
Year: 2020
Keywords: entrepreneurship policy instrument; start-up competitions; SUCs; business plan competitions; start-up ecosystem; entrepreneurial process; innovation; policy-maker.
File-URL: http://www.inderscience.com/link.php?id=105274
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:1:p:1-30

Template-Type: ReDIF-Article 1.0
Author-Name: Joon Mo Ahn
Author-X-Name-First: Joon Mo
Author-X-Name-Last: Ahn
Title: The hierarchical relationships between CEO characteristics, innovation strategy and firm performance in open innovation
Abstract:
Open innovation (OI) has become an important business norm of successful firms; however, its strategic aspects and the role of a key individual, such as a chief executive officer (CEO) in its adoption, have been under-researched. This paper aims to investigate whether OI is relevant to SMEs and how CEO characteristics influence firm performance through OI. The hierarchical relationships between a firm and CEO characteristics are analysed with structural equation modelling (SEM) using data from 401 innovation-oriented SMEs in Korea. The results indicate that: 1) openness can make a greater contribution to firm performance; 2) CEO characteristics are positively associated with openness; 3) government support positively influences both openness and internal R%D. The research suggests that the human elements in SMEs should place a greater emphasis on OI to enhance firm performance and that policy makers should consider developing various programs for key decision makers in SMEs to increase their awareness of OI.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 31-52
Issue: 1
Volume: 24
Year: 2020
Keywords: open innovation; OI; chief executive officer; CEO; small and medium-sized enterprise; SME; structural equation modelling; SEM.
File-URL: http://www.inderscience.com/link.php?id=105275
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:1:p:31-52

Template-Type: ReDIF-Article 1.0
Author-Name: Teresa Mariño-Garrido
Author-X-Name-First: Teresa
Author-X-Name-Last: Mariño-Garrido
Author-Name: Domingo García-Pérez-de-Lema
Author-X-Name-First: Domingo
Author-X-Name-Last: García-Pérez-de-Lema
Author-Name: Antonio Duréndez
Author-X-Name-First: Antonio
Author-X-Name-Last: Duréndez
Title: Assessment criteria for seed accelerators in entrepreneurial project selections
Abstract:
This paper contributes to the literature on accelerators by filling the gap concerning the criteria used to select venture projects. Seed accelerators develop strict and rated assessment criteria for project selection that grants them objectivity and guarantees program success. This study uses a sample of 309 cases to analyse the criteria applied by an accelerator when selecting projects. Among these cases, 15 entered the accelerator stage. Our work first examines variables linked to the business project, such as the extent of innovation, extent of investability, speed of acceleration and extent of team consistency. It then assesses entrepreneurial skills such as negotiation, teamwork, creativity, communication and leadership. Our findings show that extent of team consistency and speed of acceleration are the most widely-used variables to assess a business project, while the most valued entrepreneurial skills are leadership followed by creativity. Furthermore, the project is more likely to enter the acceleration stage in the presence of higher team consistency and creativity.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 53-72
Issue: 1
Volume: 24
Year: 2020
Keywords: seed accelerator; entrepreneurship; start-up; venture capital.
File-URL: http://www.inderscience.com/link.php?id=105276
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:1:p:53-72

Template-Type: ReDIF-Article 1.0
Author-Name: Franciane Hochleitner
Author-X-Name-First: Franciane
Author-X-Name-Last: Hochleitner
Author-Name: Anna Arbussà
Author-X-Name-First: Anna
Author-X-Name-Last: Arbussà
Author-Name: Germà Coenders
Author-X-Name-First: Germà
Author-X-Name-Last: Coenders
Title: Evolution of inbound openness profiles in the innovation practices of small and medium-sized enterprises in Spain and Portugal
Abstract:
The purpose of this article is to shed light on the patterns of inbound open innovation practices of SMEs and to explore potential size and country specificities. We base the analysis on data provided by three waves of the Eurostat Community Innovation Survey (CIS) for Spanish and Portuguese firms. The study identifies five innovation clusters with different openness profiles: closed innovators, absorbers of specialised knowledge, acquirers, co-operators and absorbers of industry knowledge. We find no substantial differences between small and medium-sized firms with regards to their innovation profiles, but there are substantial differences between the profiles of Spanish and Portuguese firms and the trends in said profiles. Portuguese firms increasingly rely on technology acquisition and Spanish firms on public institutions. These results could help shape national policy on intellectual property and public research systems, among others.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 73-96
Issue: 1
Volume: 24
Year: 2020
Keywords: cluster analysis; SMEs; inbound open innovation; innovation activities; innovation policy; Spain; Portugal; Community Innovation Survey; CIS.
File-URL: http://www.inderscience.com/link.php?id=105281
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:1:p:73-96

Template-Type: ReDIF-Article 1.0
Author-Name: Eliana Gaspary
Author-X-Name-First: Eliana
Author-X-Name-Last: Gaspary
Author-Name: Gilnei Luiz De Moura
Author-X-Name-First: Gilnei Luiz De
Author-X-Name-Last: Moura
Author-Name: Douglas Wegner
Author-X-Name-First: Douglas
Author-X-Name-Last: Wegner
Title: How does the organisational structure influence a work environment for innovation?
Abstract:
Companies operating in dynamic and rapidly changing markets need to design an organisational structure that fosters innovation. However, there are still remaining gaps in literature regarding the impact of organisational structure on the development of an environment that stimulates creativity and innovation. This paper analyses the influence of different dimensions of organisational structure on the development of a work environment for innovation. A case study with a mixed method approach was conducted in the Brazilian subsidiary of a multinational company recognised worldwide for its innovative capacity. The results contribute to the theory by showing that several structural dimensions – mainly the level of communication, level of formalisation and job codification – affect the work environment for innovation. The study also enriches the comprehension on how managers should design specific structural dimensions to stimulate creativity and innovation.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 132-153
Issue: 2/3
Volume: 24
Year: 2020
Keywords: innovation management; work environment for innovation; climate for innovation; creativity; organisational structure; matrix organisation; human resources; entrepreneurship; multinational companies; research and development.
File-URL: http://www.inderscience.com/link.php?id=105770
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:2/3:p:132-153

Template-Type: ReDIF-Article 1.0
Author-Name: Anders Isaksson
Author-X-Name-First: Anders
Author-X-Name-Last: Isaksson
Author-Name: Öystein Fredriksen
Author-X-Name-First: Öystein
Author-X-Name-Last: Fredriksen
Title: Venture capital firms valuation in bull and bear markets: evidence from Sweden
Abstract:
This study uses an experimentally designed case study approach to investigate Swedish venture capital firms' valuation practices in two different economic contexts – the economic boom (bull market) of 1999 and the downturn (bear market) of 2002. A key finding in our study is that during economic downturns, venture capital firms employed fewer and less advanced valuation methods – relying more on rules of thumb and gut feeling than during boom times. We conclude that investor behaviour is considerably affected by current economic conditions and advocate strongly that it be considered in future research on not only venture capital valuation, but also investor behaviour in general. This study thus enriches the knowledge of venture capitalists' valuation practices, in general and how market conditions affect them. Furthermore, the results can also aid researchers in developing more relevant theories of valuation, valuation models and valuation practices.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 97-115
Issue: 2/3
Volume: 24
Year: 2020
Keywords: venture capital; valuation; asset-based valuation; discounted cash flow valuation; required rate of return; dot-com bubble; economic bubbles; bull market; bear market; investor behaviour; Sweden.
File-URL: http://www.inderscience.com/link.php?id=105771
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Template-Type: ReDIF-Article 1.0
Author-Name: Thomas Hirschmann
Author-X-Name-First: Thomas
Author-X-Name-Last: Hirschmann
Author-Name: Nigel Hartley
Author-X-Name-First: Nigel
Author-X-Name-Last: Hartley
Author-Name: Steffen Roth
Author-X-Name-First: Steffen
Author-X-Name-Last: Roth
Title: Can we build resilience by way of creativity? Artistic ventures in a London hospice
Abstract:
Resilience and stress management are considered key factors for entrepreneurial success. In this research we propose that controlled, creative confrontation with adversity can help overcome stressful experience by fostering resilience. Our research is based on a neuronal network model that considers resilience in its relation to creativity. This model is applied to several cases at the UK hospice that successfully use art to deal with the stressful conditions of dying inpatients. On this background we outline the concept of 'Controlled Creative Confrontation' that harnesses the creativity-inherent potential for catalytic change to build resilience and permanently transform patient self-perception. This concept is illustrated in three exemplary cases of patients who successfully navigated their impending death by using art to confront, overcome and rebuild coping strategies in the face of ultimate adversity. Describing these cases, we acknowledge the specific aspects of resilience believed to be fostered by creativity. We conclude the research giving an outlook on suggested future studies providing quantitative support for and deeper insight into, the causal relationship between creativity and resilience and their impact on the success of entrepreneurial ventures.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 116-131
Issue: 2/3
Volume: 24
Year: 2020
Keywords: creativity; resilience; stress; coping; dying; art; entrepreneurial success; hospice; adversity; controlled creative confrontation.
File-URL: http://www.inderscience.com/link.php?id=105779
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Template-Type: ReDIF-Article 1.0
Author-Name: Janarthanan Balakrishnan
Author-X-Name-First: Janarthanan
Author-X-Name-Last: Balakrishnan
Author-Name: Susobhan Goswami
Author-X-Name-First: Susobhan
Author-X-Name-Last: Goswami
Title: Sharing YouTube content in offline mode: an attempt to explore conversation through an experimental study
Abstract:
Various researches have added up productive insights on user's motivation and psychology behind online video sharing. Given that sharing involves communication and other related factors, this study aims to investigate the user's communication needs and personality traits working behind sharing online videos in an offline platform. Given the popularity, YouTube was chosen for investigating the above research objective. With a differential approach, this study has employed social network analysis to understand the communication diffusion through quasi-experiment methodology. Three video genres-blocks; movie review videos, sports videos and music videos were chosen to understand the difference among the network structures. Further, personality of test units (five-factor model) and their communication factors (expertise, trustworthiness, attractiveness, social tie and homophily) are keyed out through the measures of eigenvector centrality, betweenness centrality and closeness centrality from the three network structures. The results indicated that the central units of movie reviews and music videos exhibited an extrovert personality; on the other hand, the central units from sports videos displayed an openness trait. Alongside the results of personality, it was understood that social tie, homophily and trustworthiness happen to be the most influencing factors in the communication diffusion of movie reviews, sports and music videos respectively.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 154-171
Issue: 2/3
Volume: 24
Year: 2020
Keywords: YouTube content; social network analysis; communication factors; big five personality traits; centrality; experiment method.
File-URL: http://www.inderscience.com/link.php?id=105780
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Template-Type: ReDIF-Article 1.0
Author-Name: Elisa Truant
Author-X-Name-First: Elisa
Author-X-Name-Last: Truant
Author-Name: Laura Broccardo
Author-X-Name-First: Laura
Author-X-Name-Last: Broccardo
Title: Innovation strategy and organisational structure: insights from an Italian family firm
Abstract:
The objective of this study is to verify whether an innovation strategy might offer a competitive advantage, even during periods of crisis, to a family business operating in the automotive sector. In addition, it was investigated if the company had modified its organisational structure to enhance strategy implementation. The research methodology first focused on a review of the international literature relevant to innovation in family businesses and the strategy-structure alignment. Then, a relevant Italian case study about a leader in the European vehicle-transport sector was selected and examined. In recent years, crisis has strongly affected this sector, increasing the average life of commercial vehicles. To survive and thrive over this period, in contrast with the behaviour of other companies, the family business owner adopted a proactive approach based on an innovation-focused strategy. This paper contributes to the expansion of the literature on innovation in family businesses and organisational structure.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 172-188
Issue: 2/3
Volume: 24
Year: 2020
Keywords: innovation; strategy; organisational structure; family firm; case study.
File-URL: http://www.inderscience.com/link.php?id=105781
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Template-Type: ReDIF-Article 1.0
Author-Name: Leandro Lima Dos Santos
Author-X-Name-First: Leandro Lima Dos
Author-X-Name-Last: Santos
Author-Name: Rafael Morais Pereira
Author-X-Name-First: Rafael Morais
Author-X-Name-Last: Pereira
Author-Name: Felipe Mendes Borini
Author-X-Name-First: Felipe Mendes
Author-X-Name-Last: Borini
Author-Name: Muhammad Mustafa Raziq
Author-X-Name-First: Muhammad Mustafa
Author-X-Name-Last: Raziq
Author-Name: Moacir De Miranda Oliveira Junior
Author-X-Name-First: Moacir De Miranda Oliveira
Author-X-Name-Last: Junior
Title: The influence of national culture and support to innovate on openness to innovation
Abstract:
Fast environmental changes have increased the importance of innovation for firms. In this sense, the national culture of innovation is an important factor to promote openness to innovation and improve a country's firms' innovation process. This research seeks to answer the following question: Does the support to innovate intensify the influence of the national cultural on firms' openness to innovation? The aim is to verify whether the relationship between national culture and openness to innovation is mediated by the support to innovate. Using a database from the Global Entrepreneurship Monitor (GEM) composed by 2,636 companies and applying the structural equations modelling (SEM) technique, this study achieved contributions after testing some determinants for openness to innovation, revealing the importance of two prior aspects for openness to innovation: national culture and support to innovate. It also confirmed that support to innovate show notable effects improving the relationship between national culture and openness to innovation.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 189-209
Issue: 2/3
Volume: 24
Year: 2020
Keywords: national culture; support to innovate; openness to innovation; structural equations modelling; SEM; global entrepreneurship monitor; GEM.
File-URL: http://www.inderscience.com/link.php?id=105782
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:2/3:p:189-209

Template-Type: ReDIF-Article 1.0
Author-Name: Maria De Nazaré Moraes Soares
Author-X-Name-First: Maria De Nazaré Moraes
Author-X-Name-Last: Soares
Author-Name: Aurio Lucio Leocadio
Author-X-Name-First: Aurio Lucio
Author-X-Name-Last: Leocadio
Author-Name: Sílvia Maria Dias Pedro Rebouças
Author-X-Name-First: Sílvia Maria Dias Pedro
Author-X-Name-Last: Rebouças
Title: Complexity and social capital in solidarity economy: an empirical evidence of enterprises in Brazil
Abstract:
Solidarity economy is a social construction based on a social movement. This paper investigates the relationship between the principles of complexity and the generation of social capital in the solidarity economy enterprises and how network strategy affects this relationship. The data were collected through a national survey of 11,138 enterprises in Brazil and analysed statistically by a multiple linear regression analysis. Findings reveal a positive and significant relation between the principles of complexity and the generation of social capital. The principle of self-management has a particular effect on social capital under the influence of networks leading the enterprises to empowerment and local development. Regarding the principles of cooperation and autonomy, they contribute more to the generation of social capital without the influence of networking. This could be explained according to a critical comprehension of some authors, who reflect that, as they become bigger, enterprise lose cooperation and autonomy. Despite that, there is a generation of social capital by self-management principle.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 210-231
Issue: 2/3
Volume: 24
Year: 2020
Keywords: solidarity economy; social entrepreneurship; social inequality; complexity; self-management; cooperation; autonomy; social capital; networks of cooperation; social movements; social innovation; local development; Brazil.
File-URL: http://www.inderscience.com/link.php?id=105783
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:2/3:p:210-231

Template-Type: ReDIF-Article 1.0
Author-Name: Zam-Zam Abdirahman
Author-X-Name-First: Zam-Zam
Author-X-Name-Last: Abdirahman
Author-Name: Ghasem Shiri
Author-X-Name-First: Ghasem
Author-X-Name-Last: Shiri
Author-Name: Loic Sauvée
Author-X-Name-First: Loic
Author-X-Name-Last: Sauvée
Title: Network characteristics and the adoption of organisational innovation in the food sector
Abstract:
The purpose of this article is to assess the impact of network characteristics on non-technological, i.e., organisational innovations (hereafter OI), adopted by food companies. In the food sector context, we specifically put forward the importance of partnerships and networking activities, where this question is relevant. Indeed, relatively little is known about the importance of network characteristics, such as the diversity of partners or categories of networks (business clubs, technology parks, industry associations, …), for the adoption of OI. Based upon a sample of 348 European food companies we were able to test hypotheses linking network characteristics with the adoption of OI in the food sector. The results of the research highlight the positive effects of network competence, of heterogeneity of members and of the category of club networks on the adoption OI by food companies.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 320-338
Issue: 4/5
Volume: 24
Year: 2020
Keywords: adoption; food sector; organisational innovation; network.
File-URL: http://www.inderscience.com/link.php?id=108248
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:320-338

Template-Type: ReDIF-Article 1.0
Author-Name: M. John Foster
Author-X-Name-First: M. John
Author-X-Name-Last: Foster
Author-Name: Lorraine Watkins-Mathys
Author-X-Name-First: Lorraine
Author-X-Name-Last: Watkins-Mathys
Title: Examining conditions for successful entrepreneurship in China's firms
Abstract:
We examine the question of what factors might be likely to increase the probability of success for entrepreneurial activity by FIEs and domestic firms in China. We first examine the possibility of there being a distinct and separate notion of Chinese entrepreneurship but find that unlikely. The issue then becomes what contextual factors may be necessary to enable entrepreneurial activity in China to flourish and we locate four such factors. We acknowledge that our posited set of necessary factors is probably not a sufficient set but they are at the minimum a useful starting point.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 339-357
Issue: 4/5
Volume: 24
Year: 2020
Keywords: entrepreneurship; China; FDI; domestic investments; higher added value; context.
File-URL: http://www.inderscience.com/link.php?id=108249
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:339-357

Template-Type: ReDIF-Article 1.0
Author-Name: Hulisi Binbasioglu
Author-X-Name-First: Hulisi
Author-X-Name-Last: Binbasioglu
Title: Comparison of online customer ratings between the eco-labelled and non-eco-labelled hotels of Oslo
Abstract:
Online guest reviews are now playing an increasingly important role in consumer purchase decisions. Online booking websites are considered excellent sources of information, thanks to their millions of reviews. This paper contributes to research into eco-labels in the hospitality industry by discussing the online ratings of hotels with reference to different attributes, such as average daily rate, number of rooms, number of detailed reviews, and overall customer rating, as well as specific ratings for staff, value for money, location, facilities, comfort, cleanliness and free Wi-Fi. The results of this study indicate that there was a statistically significant difference between eco-labelled and non-eco-labelled hotels in terms of average daily rates and number of rooms. Eco-labelled hotels were found to have significantly better scores than non-eco-labelled hotels. However, there was no statistically significant difference between eco-labelled and non-eco-labelled hotels in terms of the number of detailed reviews and the customer ratings regarding the different attributes that measure customer satisfaction.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 358-373
Issue: 4/5
Volume: 24
Year: 2020
Keywords: online reviews; online hotel ratings; electronic word-of-mouth; eWOM; eco-labels.
File-URL: http://www.inderscience.com/link.php?id=108250
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:358-373

Template-Type: ReDIF-Article 1.0
Author-Name: Wenqian Zhou
Author-X-Name-First: Wenqian
Author-X-Name-Last: Zhou
Author-Name: Vivek K. Velamuri
Author-X-Name-First: Vivek K.
Author-X-Name-Last: Velamuri
Title: Practices for building innovation capabilities of local employees at German manufacturing subsidiaries in China
Abstract:
Many German multinational companies aim to transform their subsidiaries in China that previously solely focused on manufacturing into subsidiaries that also drive innovation. However, these companies face numerous challenges, due to local differences compared to the West. In order to facilitate the process, this paper studies practices for building innovation capabilities at German manufacturing subsidiaries in China, taking into account the local challenges. Based on in-depth interviews with managers in China, this study identifies three practices for driving the build-up of innovation capabilities within the subsidiary organisation: build knowledge, establish a mindset for innovation and increase measures for employee retention. The study adds to extant research by detailing these practices with approaches that target local challenges. Compared to the West, the local challenges include differences in skills and knowledge, culture, as well as work behaviour.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 374-392
Issue: 4/5
Volume: 24
Year: 2020
Keywords: building innovation capabilities; German subsidiaries; China.
File-URL: http://www.inderscience.com/link.php?id=108251
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:374-392

Template-Type: ReDIF-Article 1.0
Author-Name: Giancarlo Gomes
Author-X-Name-First: Giancarlo
Author-X-Name-Last: Gomes
Author-Name: Antonio Majocchi
Author-X-Name-First: Antonio
Author-X-Name-Last: Majocchi
Author-Name: Joaquín Alegre
Author-X-Name-First: Joaquín
Author-X-Name-Last: Alegre
Author-Name: Linda Jessica De Montreuil Carmona
Author-X-Name-First: Linda Jessica De Montreuil
Author-X-Name-Last: Carmona
Title: The influence of innovation stimulus, facilitating factors and support mechanisms on innovation performance in Brazilian small textile firms
Abstract:
The ability of the organisation to develop new products is crucial in rapidly changing business environments, and thus, customer demographics, consumers' expectations and buying behaviour play an important role. Hence, exploring the antecedents of innovation performance becomes more important. This study analyses the relationships among innovation stimulus, facilitating factors and support mechanisms for innovative performance in the textile industry of Santa Catarina, Brazil. The sample included 128 respondents, who were all employees of five small and medium-sized textile firms; data were analysed using structural equation modelling. We found that innovation stimulus, facilitating factors and support mechanisms are correlated, while support mechanisms have no influence on innovation performance. The results also highlight a concern regarding the cost and time spent on developing innovation projects. This research contributes to innovation performance literature by analysing innovation antecedents including visions of innovation as both a process, represented by efficiency, and a result, represented by efficacy.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 393-412
Issue: 4/5
Volume: 24
Year: 2020
Keywords: innovation stimulus; innovation facilitating factors; innovation support mechanisms; innovation performance; textile industry.
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:393-412

Template-Type: ReDIF-Article 1.0
Author-Name: Ville-Veikko Piispanen
Author-X-Name-First: Ville-Veikko
Author-X-Name-Last: Piispanen
Author-Name: Kaisa Henttonen
Author-X-Name-First: Kaisa
Author-X-Name-Last: Henttonen
Author-Name: Eeva Aromaa
Author-X-Name-First: Eeva
Author-X-Name-Last: Aromaa
Title: Applying the circular economy to a business model: an illustrative case study of a pioneering energy company
Abstract:
While the circular economy (CE) has awakened discussion in business model literature, understanding of the circular business model (CBM) and value-creation opportunities in practice has been limited. This study focuses on one sustainable business model archetype: creating value from waste. It supports sustainable development by material circulation. We aim to provide an answer to the question of how a company converts its resources and capabilities into economic value by creating value from waste. This single case study in the Finnish energy sector focuses on a pioneering company applying CBM. The analysis more specifically illustrates the nine main elements of a business model: customer value proposition, segments, customer relationships, channels, key resources, key activities, partners, costs and revenues. Furthermore, we illustrate the internal and external adoption factors required to transform a business model canvas (BMC) to a CBM framework.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 236-248
Issue: 4/5
Volume: 24
Year: 2020
Keywords: circular economy; sustainability; business model; business model canvas; BMC; innovation; case study; business opportunity; value creation.
File-URL: http://www.inderscience.com/link.php?id=108253
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:236-248

Template-Type: ReDIF-Article 1.0
Author-Name: H.M. Jha Bidyarthi
Author-X-Name-First: H.M. Jha
Author-X-Name-Last: Bidyarthi
Author-Name: Mayur A. Dande
Author-X-Name-First: Mayur A.
Author-X-Name-Last: Dande
Author-Name: Pawan M. Kuchar
Author-X-Name-First: Pawan M.
Author-X-Name-Last: Kuchar
Author-Name: Satya Mohan Mishra
Author-X-Name-First: Satya Mohan
Author-X-Name-Last: Mishra
Author-Name: Ashish K. Shrivastava
Author-X-Name-First: Ashish K.
Author-X-Name-Last: Shrivastava
Title: Delighted niche driven entrepreneurial odyssey: a case study of Maharaja Masala Udyog
Abstract:
Santosh Satyanarayanji Didwaniya, the entrepreneur of Maharaja Masala Udyog, Khamgaon led his Udyog from mere 15-16 kilograms of mixed spices sale to a monthly turnover of 25,000 kilograms of Maharaja Mix Garam Masala capturing 75% to 80% of market and claiming an annual growth of 7% to 8%. The unbelievably successful entrepreneurial odyssey of Santoshbhai is embedded with single product sale through zero level distribution channel with a negligible modernisation of processing section and a very little modernisation of packaging and storage, and use of conventional management method. His consumers are so delighted with the unique taste and flavour of the Maharaja Mix Garam Masala that his market territory is fortified even amidst the presence of many multinational companies and some leading local brands. The case comprises rich knowledge and intense thought provocation relating to entrepreneurship and innovation management based on traditional management practices and niche marketing concepts.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 308-319
Issue: 4/5
Volume: 24
Year: 2020
Keywords: niche market; entrepreneurship; product positioning; innovations; consumer delight.
File-URL: http://www.inderscience.com/link.php?id=108254
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:308-319

Template-Type: ReDIF-Article 1.0
Author-Name: Ruchi Jain
Author-X-Name-First: Ruchi
Author-X-Name-Last: Jain
Author-Name: Ruchi Khandelwal
Author-X-Name-First: Ruchi
Author-X-Name-Last: Khandelwal
Title: Dare to defy the challenges of online business
Abstract:
The innerwear industry is one of the less researched businesses in India and is dealt as niche vertical of apparel industry. For the yesteryear's customers, buying innerwear was a covert and backroom affair but globalisation, internet and bright entrepreneurial ideas have changed the trajectory. Taking leverage of changing industry dynamics, a budding entrepreneur – Pallavi Khandelwal dared to step into this less explored territory. She banked upon her entrepreneurial skills and strategic decision-making for creating an identity through her internet-based startup to optimise the opportunity and defy the challenges of online business arena. The case serves as the setup to elaborate the aspirations and obstacles confronted by a budding entrepreneur. It provides perfect background to understand how strategic options, resource requirements and critical success factors (CSFs) undergo transformation with the different stages of business life cycle. Industry analysis conducted through references gathered from various reports by business consultancies, industry players, and whitepapers written on this field accompanied an in-depth personal interview with the protagonist Pallavi Khandelwal for establishing facts and data used in the case. Literature review and academic experience of authors are steered to establish the theoretical underpinning of the case.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 281-294
Issue: 4/5
Volume: 24
Year: 2020
Keywords: innerwear industry; entrepreneurial opportunity; bootstrapping; critical success factors; CSFs; entrepreneurial decision-making; online business.
File-URL: http://www.inderscience.com/link.php?id=108255
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:281-294

Template-Type: ReDIF-Article 1.0
Author-Name: Eeva Aromaa
Author-X-Name-First: Eeva
Author-X-Name-Last: Aromaa
Author-Name: Päivi Eriksson
Author-X-Name-First: Päivi
Author-X-Name-Last: Eriksson
Author-Name: Tero Montonen
Author-X-Name-First: Tero
Author-X-Name-Last: Montonen
Title: Show it with feeling: performed emotions in critical sensemaking
Abstract:
This article draws attention to emotion in sensemaking within small entrepreneurial organisations. More specifically, it illustrates how performed emotion is related to enactment of a formative context, sensemaking and agency. The article also enriches the critical sensemaking heuristic by exploring a conversation between a leader and employees concerning adoption of a new online service. The analysis is based on videotaped data gathered from a two-year study of a franchise-based rental and real estate company. The contributions of the article are two-fold: 1) it argues that performed emotions are important because they may have an influence on the sensemaking of others and the possibility of exercising agency; 2) it demonstrates that videotaped material is a fertile source of data for studies on critical sensemaking in small entrepreneurial organisations.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 266-280
Issue: 4/5
Volume: 24
Year: 2020
Keywords: emotion; critical sensemaking; formative context; agency; franchising; entrepreneurship; innovation; leader; employee; online service; video.
File-URL: http://www.inderscience.com/link.php?id=108256
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:266-280

Template-Type: ReDIF-Article 1.0
Author-Name: Malla Mattila
Author-X-Name-First: Malla
Author-X-Name-Last: Mattila
Author-Name: Nina Mesiranta
Author-X-Name-First: Nina
Author-X-Name-Last: Mesiranta
Author-Name: Anna Heikkinen
Author-X-Name-First: Anna
Author-X-Name-Last: Heikkinen
Title: Platform-based sustainable business models: reducing food waste in food services
Abstract:
Food waste is a growing sustainability challenge for companies operating in the food services sector in developed countries. In this study, we examine how platform-based business models for food waste reduction can contribute to sustainability. We draw from the literature on business sustainability, sustainable business models (SBMs), and digital platforms, scrutinising two real-life business cases that provide digital services that help food service companies to reduce their food waste. Our findings identify the value network (user, producer, and support networks) and sustainable value proposition (economic, environmental, and social dimensions) as key elements for addressing sustainability in platform-based businesses. The study contributes to the SBM literature by developing an empirical and systemic understanding of platform-based SBMs. The cases illustrate that these SBMs have the potential to contribute to sustainability through scalability and attractiveness. From a managerial standpoint, the study offers companies insights into how to develop sustainability in their business operations.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 249-265
Issue: 4/5
Volume: 24
Year: 2020
Keywords: sustainability; sustainable business model; platform; digital; food service; restaurant; food waste; food waste reduction; business model; value network; value proposition; digital service; application; case study; innovation.
File-URL: http://www.inderscience.com/link.php?id=108258
File-Format: text/html
File-Restriction: Open Access
Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:249-265

Template-Type: ReDIF-Article 1.0
Author-Name: Olli-Matti Nevalainen
Author-X-Name-First: Olli-Matti
Author-X-Name-Last: Nevalainen
Author-Name: Päivi Eriksson
Author-X-Name-First: Päivi
Author-X-Name-Last: Eriksson
Author-Name: Tero Montonen
Author-X-Name-First: Tero
Author-X-Name-Last: Montonen
Title: University spin-off managers and the 'ideal' funding process
Abstract:
This article explores the university spin-off financing process through the experiences of the managers who act as surrogate entrepreneurs in these companies. Based on narrative interviews, managers' experiences of the financing process were analysed through a meta-micro-narrative approach. The findings highlight how managers' micro-narratives, based on local understandings of the values, roles and contributions of investors during different funding cycles, construct alternatives to the 'ideal' funding process represented by the meta-narrative. The findings contribute to the discussion of entrepreneurial and spin-off finance by illuminating the entrepreneurs' perspective.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 295-307
Issue: 4/5
Volume: 24
Year: 2020
Keywords: entrepreneurial finance; university spin-off; surrogate entrepreneur; spin-off manager; meta-narrative; micro-narrative.
File-URL: http://www.inderscience.com/link.php?id=108259
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:4/5:p:295-307

Template-Type: ReDIF-Article 1.0
Author-Name: José Osvaldo De Sordi
Author-X-Name-First: José Osvaldo De
Author-X-Name-Last: Sordi
Author-Name: Reed Elliot Nelson
Author-X-Name-First: Reed Elliot
Author-X-Name-Last: Nelson
Author-Name: Manuel Meireles
Author-X-Name-First: Manuel
Author-X-Name-Last: Meireles
Author-Name: Marcos Hashimoto
Author-X-Name-First: Marcos
Author-X-Name-Last: Hashimoto
Author-Name: Milton De Freitas Chagas Junior
Author-X-Name-First: Milton De Freitas Chagas
Author-X-Name-Last: Junior
Title: A longitudinal study of the creation methods used by entrepreneurs to develop new products and services
Abstract:
This paper presents a longitudinal study of the development of products and services (P/S) by entrepreneurs from the perspective of nine creation methods: copy, new product development, improvement, frugal innovation, adaptation, new combination, exaptation, nonaptation spandrels, and nonaptation junk. Our sample consisted of 51 entrepreneurs whose ventures had been operational for over 42 months in a recessive environment characterised by very high failure rates. Our informants provided perceptions of technological and commercial certainty for 180 P/S launches that they executed. We observed that the creation methods which involved higher levels of uncertainty, such as adaptation and new combination, were only employed later, after the first successful implementation of a new P/S. The initial trajectory of these entrepreneurs is typified by creation methods involving low commercial and technological uncertainty followed by some more complex and uncertain initiatives, but always preferring safer innovations. Aside from offering the entrepreneur greater control over the commercial and technological environment, this strategy provides greater financial security due to the returns generated by the first successful P/S launch. We also observed that entrepreneurs who developed new projects at the request of clients presented greater mastery and diversity of creation methods.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 482-502
Issue: 6
Volume: 24
Year: 2020
Keywords: creation; uncertainty; entrepreneur; product; service.
File-URL: http://www.inderscience.com/link.php?id=110097
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:6:p:482-502

Template-Type: ReDIF-Article 1.0
Author-Name: Tobias Gutmann
Author-X-Name-First: Tobias
Author-X-Name-Last: Gutmann
Author-Name: Cornelius Maas
Author-X-Name-First: Cornelius
Author-X-Name-Last: Maas
Author-Name: Dominik Kanbach
Author-X-Name-First: Dominik
Author-X-Name-Last: Kanbach
Author-Name: Stephan Stubner
Author-X-Name-First: Stephan
Author-X-Name-Last: Stubner
Title: Startups in a corporate accelerator: what is satisfying, what is relevant and what can corporates improve?
Abstract:
Corporate accelerators have emerged rapidly over the last few years and have become a cross-industrial global phenomenon. Established companies interact with startups through these programmes in a structured approach. Recent academic research shows that programmes exist with diverse characteristics, providing various resources and services such as investment capital, office space, mentoring or training to the startups. Currently, the corporate accelerator landscape is undergoing change, with companies adjusting their programme characteristics. One reason for this development seems to be that companies struggle to provide the right resources to startups. The extant corporate accelerator literature, however, does not provide any insights into the value of the different resources provided to startups in such programmes. Thus, we analyse, empirically and in-depth, one of the longest active corporate accelerator programmes, taking the startups' perspective. Investigating Wayra, the corporate accelerator of Telefónica in Germany, we shed light on what is satisfying, what is relevant and what corporates can improve on.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 413-442
Issue: 6
Volume: 24
Year: 2020
Keywords: corporate accelerator; corporate venturing; venture client; Wayra; Telefónica; startup.
File-URL: http://www.inderscience.com/link.php?id=110098
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:6:p:413-442

Template-Type: ReDIF-Article 1.0
Author-Name: Cristina Marullo
Author-X-Name-First: Cristina
Author-X-Name-Last: Marullo
Author-Name: Alberto Di Minin
Author-X-Name-First: Alberto Di
Author-X-Name-Last: Minin
Author-Name: Irene Martelli
Author-X-Name-First: Irene
Author-X-Name-Last: Martelli
Author-Name: Andrea Piccaluga
Author-X-Name-First: Andrea
Author-X-Name-Last: Piccaluga
Title: Solving the 'heterogeneity puzzle': a comparative look at SMEs growth determinants in open and closed innovation patterns
Abstract:
This study enhances the current understanding of the extent to which the open innovation paradigm is embedded in SMEs by identifying and comparing three different and unrelated configurations of innovation practices (closed, partner-oriented and user-oriented innovation). It also contributes to the ongoing empirical debate on open innovation in SMEs by exploring the influence that new knowledge generation capacity, absorptive capacity and appropriation capacity exert as growth determinants in the different patterns. The results have both theoretical and practical relevance, giving consistency to the hypothesis that SMEs pursuing different innovation patterns have different paths to growth.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 443-464
Issue: 6
Volume: 24
Year: 2020
Keywords: open innovation; SMEs; configurations; strategies; R%D; knowledge generation; absorptive capacity; appropriation; performance; growth.
File-URL: http://www.inderscience.com/link.php?id=110099
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:6:p:443-464

Template-Type: ReDIF-Article 1.0
Author-Name: Amitabh Anand
Author-X-Name-First: Amitabh
Author-X-Name-Last: Anand
Author-Name: Isabelle Walsh
Author-X-Name-First: Isabelle
Author-X-Name-Last: Walsh
Title: The four stages of the knowledge sharing process in SMEs
Abstract:
This paper takes an exploratory and qualitative stance to investigate and understand how employees within SMEs share their knowledge in a dyadic situation. The research is set in an Indian context. Through participant observation and interviews with both supervisors and employees, we unmask the four essential stages of the dyadic process through which knowledge sharing occurs: identification, medium selection, engagement, and feedback. Based on our findings, we highlight theoretical and practical implications for SME business leaders.
Journal: Int. J. of Entrepreneurship and Innovation Management
Pages: 465-481
Issue: 6
Volume: 24
Year: 2020
Keywords: knowledge sharing; knowledge sharing process; dyadic relation; SMEs; India.
File-URL: http://www.inderscience.com/link.php?id=110100
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Handle: RePEc:ids:ijeima:v:24:y:2020:i:6:p:465-481