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on Entrepreneurship |
| By: | Alessandro, Arrighetti; Simone, Baglioni; Andrea, Lasagni; Maria, Molinari |
| Abstract: | This paper examines migrants' remittances for entrepreneurial investments (REIs), focusing on the mechanisms that shape both entrepreneurial intention and its translation into actual business investment in countries of origin. While remittance behaviour has been widely studied, less attention has been devoted to migrants' entrepreneurial engagement and to the factors enabling the shift from intention to implementation. Using original survey data on 2, 122 first-generation migrants residing in Italy, the analysis adopts a staged framework distinguishing between non-intenders, intenders, and actual investors.Our findings indicate that entrepreneurial remittances appear more widespread than often assumed in the literature. Transnational engagement and return orientation significantly increase the likelihood of developing entrepreneurial intentions, highlighting the strategic and forward-looking nature of these projects. Most importantly, the transition from intention to implementation is primarily associated with migrants' entrepreneurial capabilities, opportunity perception, and perceived institutional constraints, rather than with demographic characteristics or general transnational orientation alone. Overall, the results support a staged interpretation of entrepreneurial remitting and underscore migrants' role as strategic transnational economic agents, with important implications for diaspora entrepreneurship policies. |
| Keywords: | Remittances, Entrepreneurial remittances, Transnational migrant entrepreneurship, Diaspora investments, Remittance intention–implementation process |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esprep:343300 |
| By: | Leogrande, Angelo; di Molfetta, Mauro; Notarnicola, Valeria; Trotta, Maria Giovanna; Plantamura, Antonio Volpe |
| Abstract: | Almost everything known about equity rounds in young firms comes from the records of professional investors, so the evidence is selected on the presence of an intermediary. We read rounds instead from the share-premium reserve, a compulsory, disclosed and restricted line of the Italian statutory balance sheet, for 3, 225 certified innovative SMEs over 2016–2025: 2, 991 priced capital increases on 1, 330 firms. Firms about to raise grew twice as fast in the preceding year and held identical cash, yet six in ten closed it at a loss; profitability falls and intangible assets rise only after the round. Seven panel estimators place the association across firms and not within them; a taxonomy estimated blind to the event finds the mechanism in all five financial configurations, with incidence differing eightfold; six flexible learners fail to improve on the linear specification. Selection operates on growth, not on profitability, a distinction intermediated samples cannot see. |
| Date: | 2026–09–16 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:84cj7_v1 |
| By: | Small, Meg; Dancer, Sally; Wright, Jonathan; Colaianne, Blake Anthony; Sommerville, Gillian |
| Abstract: | Team effectiveness in high-stakes, time-limited work contexts remains an underexplored area of organizational and applied psychology research. This study examined whether daily process behaviors—specifically team communication and collaboration—predict end-of-program team effectiveness outcomes in the context of an intensive, eight-week technology entrepreneurship incubator program. Participants were members of five start-up teams enrolled in the start-up program at a large research university. As part of a larger mixed-methods study, participants completed daily diary measures of team communication and collaboration using a digital platform (Metricwire) for 15 days. At program end, participants completed a post-program survey assessing team effectiveness outcomes including creativity, psychological safety, team viability, collective efficacy, authentic relationships, opportunities for growth, and program satisfaction. Simple linear regressions revealed that daily collaboration significantly predicted creativity, psychological safety, team viability, and collective efficacy. Daily communication similarly predicted creativity and psychological safety. Authentic relationships were not significantly predicted by either behavioral measure. These findings contribute to the growing literature on team process and performance by demonstrating that observable daily team behaviors capture meaningful variance in team effectiveness outcomes, Implications for team-based intervention design and digital measurement methodology are discussed. |
| Date: | 2026–09–17 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:2ke9c_v1 |
| By: | Hadžić, Faruk; Burić, Ema; Čavalić, Admir |
| Abstract: | In the growing and complex modern business environment, the importance of innovation is increasingly coming to the fore, as a key driver and factor that leads to competitiveness, but also to long-term growth of companies. As part of this paper, the mechanism that leads to incentives for innovation through internal organizational processes, as well as external cooperation of companies in Bosnia and Herzegovina, is examined. The paper relies on theoretical frameworks such as resource-based approaches and the ability of companies to be open to innovation, in order to investigate how internal factors and capacities such as research and development functions, knowledge management and external cooperation contribute to innovation results. As part of the research, 304 responses were collected from companies of different sizes and from different sectors. For the statistical analysis of the collected data, regressions, t-tests and correlation were used, which were necessary to test the hypotheses set. The results show that the existence of a research and development department has a significant positive impact on innovation results, especially in small companies, while external cooperation proved to be the most beneficial for medium-sized companies. Internal mechanisms alone have not shown a significant direct effect on innovation, but are suggested to act as complementary factors within broader innovation systems. The findings highlight the existence of different innovation pathways among firms of different sizes, underscoring the need for differentiated strategies and policies. For small firms, strengthening internal R&D capacities appears to be a priority, while medium-sized firms benefit more from external networks and knowledge flows. Large firms, in contrast, require an integrated approach of complex internal and external resources. |
| Keywords: | Innovation stimulation mechanisms, Internal processes, External collaboration, SMEs |
| JEL: | O31 O32 L26 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esconf:343372 |
| By: | Antonia Manzini (Bank of Italy); Diego Scalise (Bank of Italy) |
| Abstract: | Technological innovation has profoundly transformed financial services. This paper examines the diffusion of technology-intensive firms operating in the financial sector (fintech) and the pivotal role of venture capital in supporting their development. The analysis reveals an ecosystem predominantly consisting of small fintech firms, which cluster in the financial centres of countries with more developed capital markets. These locations are home, in particular, to business-to-business (B2B) firms, which frequently develop digital solutions for financial institutions. In this environment, incumbent financial intermediaries become the natural acquirers of the most promising fintech start-ups, integrating their technologies and capabilities into their value chains. Access to diversified sources of finance is a key determinant of these firms' growth. Venture capital acts as a catalyst by fostering strategic partnerships and facilitating the integration of innovative technologies, thereby contributing to the transformation of traditional financial intermediation. The distribution of fintech firms and the evolution of their financing cycle portray a sector undergoing a transition from an initial phase of rapid expansion to one of gradual consolidation. |
| Keywords: | fintech concentration, fintech venture capital |
| JEL: | G15 G24 G34 |
| Date: | 2026–09 |
| URL: | https://d.repec.org/n?u=RePEc:bdi:opques:qef_1055_26 |