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on Small Business Management |
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Issue of 2025–01–27
twenty papers chosen by João Carlos Correia Leitão, Universidade da Beira Interior |
| By: | Oscar Csibi (GRM - Groupe de Recherche en Management - EA 4711 - UNS - Université Nice Sophia Antipolis (1965 - 2019) - UniCA - Université Côte d'Azur) |
| Abstract: | The research is motivated by the need to understand how sustainable entrepreneurship (SE) behaviors and practices influence the internationalization strategies and outcomes of small and medium-sized enterprises (SMEs). Sustainability has become a significant topic in business research, especially with the recognition of the triple bottom line (TBL) concept, which integrates environmental, social, and economic aspects in business practices (Casado-Belmonte et al., 2020). SE merges these sustainability goals with entrepreneurial activities, emphasizing ecological and social responsibilities alongside economic growth (Isaak, 2002; Shepherd & Patzelt, 2011). A crucial area for future research involves the relationship between SMEs and sustainability (Sanders, 2022). Research has shown that the values of owners, directors, and employees in German Mittelstand companies often differ from those in other firms, showing a stronger commitment to sustainability (De Massis et al., 2018). It remains uncertain if these differences extend more broadly to SMEs. Locally embedded SMEs and family businesses, with their intergenerational planning horizons, long-term orientation, and high levels of social responsibility, may be uniquely positioned to tackle today's significant challenges. This potential sustainability advantage underscores the importance of exploring how these firms can integrate sustainability into their global strategies to achieve competitive advantage and address socio-environmental issues. This study aims to explore this intersection to uncover how SMEs can incorporate sustainability into their international strategies to achieve competitive advantage and address socio-environmental challenges? This research will investigate the mechanisms through which SE practices affect the internationalization of SMEs by focusing on the pivotal role of social networks. Social networks are instrumental in providing SMEs with critical resources, building trust, enhancing knowledge, and developing capabilities necessary for successful international ventures (Han et al., 2024). The study will delve into how these networks facilitate market choice, entry mode, and performance, influencing the overall internationalization process of SMEs. Understanding the interplay between SE and internationalization is crucial for several reasons. Firstly, SMEs make up a significant portion of global business, accounting for 90% of companies and over half of global employment (Audretsch & Guenther, 2023). Despite their prevalence, the success of SMEs is not guaranteed; their performance varies widely based on contextual factors and their ability to innovate and internationalize. SE offers a pathway for SMEs to enhance their competitiveness by integrating sustainability into their core strategies, addressing both market demands and global sustainability challenges (Shepherd & Patzelt, 2011; Hull et al., 2007). Secondly, the role of social networks in facilitating internationalization is pivotal. Social networks provide SMEs with critical resources, build trust, enhance knowledge, and develop capabilities needed for successful international ventures (Han et al., 2024). These networks help SMEs navigate the complexities of foreign markets, from initial entry to post-entry operations, by leveraging interorganizational collaborations and personal relationships (Lindstrand & Hånell, 2017; Zahoor & Al- Tabbaa, 2021). Recent research has extended the examination of social networks from organizational to individual and national levels, revealing their profound impact on market choice, entry mode, internationalization degree, and performance (Han et al., 2024). Moreover, collaborative innovation strategies, as highlighted by Audretsch and Guenther (2023), enable SMEs to overcome resource constraints associated with their smaller size. Engaging in inter-organizational collaborations (IOC) is a critical strategy for SMEs to access new markets, share resources, and foster innovation, which are essential for successful internationalization. Given the global push for sustainable development, there is a pressing need to understand how SE can be leveraged for international growth. Internationalization offers a viable pathway for sustainable businesses to scale their impact and reach. Historically, research on internationalization has focused on traditional entrepreneurial ventures that prioritize economic gains. However, the integration of sustainability into international business strategies remains underexplored, creating a significant research gap (Zolfaghari Ejlal Manesh & Rialp-Criado, 2019). Moreover, the success of SMEs in the global market can contribute significantly to global economic stability and growth. SMEs are identified as engines of internationalization, contributing substantially to global economic activity (Del Sarto et al., 2021). Innovative and internationalized SMEs tend to be concentrated in specific spatial and institutional contexts, highlighting the importance of local ecosystems in supporting these activities (Guenther et al., 2022). |
| Keywords: | Sustainable Entrepreneurship, SMEs' internationalization, Sustainability |
| Date: | 2024–08–14 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04812579 |
| By: | Lars Van Cutsem; Marleen Willekens; Koenraad Debackere |
| Abstract: | In this study, we leverage the Discounted Cash Flow (DCF) valuation methodology to reexamine how innovation links to economic value estimates of firms, and how size moderates this relationship. As DCF valuation can be applied to a complete spectrum of firm sizes, ranging from small privately-held to large publicly-listed firms, our study provides more exhaustive evidence on the link between innovation and economic firm value across for all types of firms. This contrasts prior studies that typically draw inferences based on market valuations of publicly listed firms. We show that innovation is positively and statistically significantly related to the economic value in both large and small firms, and that firm size negatively moderates this link. Notably, innovation is more substantially linked to the economic value estimates of small firms than larger ones. These findings are robust to various controls, alternative operationalisations, including survey-reported innovation in the Community Innovation Survey (CIS), and a battery of robustness tests for the DCF valuation approach. |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:ete:afiper:742970 |
| By: | Alex Buckland (Bankwest Curtin Economics Centre (BCEC), Curtin University); Abebe Hailemariam (Bankwest Curtin Economics Centre (BCEC), Curtin University); Daniel Kiely (Bankwest Curtin Economics Centre, Curtin Business School); Angelica Munoz (Bankwest Curtin Economics Centre, Curtin University); Panagiotis Sotirakopoulos (Bankwest Curtin Economics Centre, Curtin University) |
| Abstract: | Dare to Venture: Startups and the innovation ecosystem in Western Australia, the eighteenth report in the BCEC Focus on WA series, seeks to better understand the startup and innovation ecosystem in Western Australia, to inform policies that support entrepreneurship and startups in the state, and curate an innovation ecosystem within which startups can thrive. This report finds that Western Australia’s startup and innovation ecosystem requires targeted reforms and investment to unlock its full potential, calling for improvements in talent development, gender diversity and access to capital and infrastructure to support a more diversified economy. The report highlights WA’s strengths in mining, energy and resources but WA should look to grow emerging fields such as artificial intelligence, biotechnology and data analytics and finds that strengthening WA’s innovation ecosystem could create up to 350 new businesses, generating 3, 500 highly skilled jobs and broader economic benefits. |
| Keywords: | venture capital, entrepreneurship, innovation, business ecosystem, small and medium enterprises, small business, business investment. |
| JEL: | G2 L2 L26 O3 O31 |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:ozl:bcecrs:fwa18 |
| By: | Ferrazzi, Matteo; Schanz, Jochen; Wolski, Marcin |
| Abstract: | This paper examines the state of innovation in Central, Eastern, and South-Eastern EU countries. Despite increased innovation capacity, the region faces significant challenges threatening its growth and competitiveness, including severe skills shortages, uneven productivity, and barriers to commercialising innovation. The paper highlights the role of foreign direct investment in driving innovation, noting that firms established through greenfield investments exhibit higher productivity than their domestic counterparts. Contributing to the skills shortage are low public R&D spending, insufficient corporate investment in continuing education, and emigration. Limited collaboration between universities and businesses and a shortage of risk capital are key obstacles to bringing innovative ideas to market. To address these challenges, the paper recommends various measures to improve the availability of skilled labour, secure risk capital, foster collaboration between academia and industry, and enhance the overall business environment. Dashboards illustrate how innovation capacity and outcomes vary between CESEE countries, combining data from the EIB's Investment Survey with a range of firm-level public and private datasets. |
| Keywords: | Innovation, competitiveness, EU-CESEE, CESEE, central, eastern and south-eastern Europe, economic growth, EU accession |
| JEL: | O11 O52 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:eibwps:308812 |
| By: | Évelyne Lande (CEREGE [Poitiers] - Centre de recherche en gestion - UP - Université de Poitiers = University of Poitiers); Hasina Rasolonjatovo (BRAIN Laboratory - Laboratoire BRAIN – Bureau de recherche sur les activités innovatrices [INSCAE, Madagascar] - INSCAE - Institut national des sciences comptables et de l’administration d’entreprises [Madagascar] = National Institute of Accounting Science and Business Administration [Madagascar]); Rudy Joël Andrianarisoa (BRAIN Laboratory - Laboratoire BRAIN – Bureau de recherche sur les activités innovatrices [INSCAE, Madagascar] - INSCAE - Institut national des sciences comptables et de l’administration d’entreprises [Madagascar] = National Institute of Accounting Science and Business Administration [Madagascar]); Harimino Rakoto (BRAIN Laboratory - Laboratoire BRAIN – Bureau de recherche sur les activités innovatrices [INSCAE, Madagascar] - INSCAE - Institut national des sciences comptables et de l’administration d’entreprises [Madagascar] = National Institute of Accounting Science and Business Administration [Madagascar]) |
| Abstract: | The literature on entrepreneurship considers entrepreneurial intention as the variable that best explains entrepreneurial action (Krueger, 2020). The existence and intensity of this entrepreneurial intention depend on two main determinants: individual determinants related to the entrepreneur and contextual determinants. Therefore, the objective of this article is to highlight these determinants among Malagasy student entrepreneurs. The results obtained have allowed us to identify the individual and contextual determinants that have influenced them and their impact on students' entrepreneurial desire, perceived feasibility of entrepreneurial projects, and propensity to act. Highlighting these determinants allows for a discussion on the role of academic and para-academic mechanisms in fostering entrepreneurship. |
| Abstract: | La littérature sur l'entrepreneuriat considère que l'intention entrepreneuriale est la variable qui explique le mieux l'acte entrepreneurial (Krueger et Carsrud 1993). L'existence et l'intensité de cette intention entrepreneuriale sont fonction de deux principaux déterminants : les déterminants individuels afférant à l'entrepreneur et les déterminants contextuels. L'objectif de cet article est donc de mettre en lumière ces déterminants chez des étudiants-entrepreneurs malgaches. Les résultats permettent de dégager les déterminants individuels et contextuels les ayant influencés et d'identifier leur impact sur le désir d'entreprendre, la faisabilité perçue des projets entrepreneuriaux et la propension à agir des étudiants. La mise en évidence de ces déterminants permet de discuter du rôle des dispositifs universitaires et para-universitaires permettant de favoriser l'entrepreneuriat. Plan Introduction Revue de littérature — L'intention entrepreneuriale de l'étudiant-entrepreneur — L'éducation entrepreneuriale Retour d'expériences sur le cas des étudiants-entrepreneurs de l'INSCAE — Méthodologie — Désirabilité perçue de l'intention entrepreneuriale — Faisabilité — Propension à agir Discussion Conclusion |
| Keywords: | student-entrepreneurs, entrepreneurial intent, training curriculum, academic activities, extracurricular activities, étudiants-entrepreneurs, intention entrepreneuriale, curriculum de formation, activités académiques, activités parauniversitaires |
| Date: | 2024–11–18 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04815383 |
| By: | Henrekson, Magnus (Research Institute of Industrial Economics (IFN)); Johansson, Dan (Örebro University School of Business, Örebro, Sweden) |
| Abstract: | The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability distribution, the entrepreneur is made redundant. Thus, the theory fails to exhaustively explain innovation, the role of ownership competence, profits, the function of financial markets, wealth and income distribution, and, ultimately, economic growth. These shortcomings risk leading to erroneous or overly narrow policy conclusions by overestimating the importance of supporting R&D investments. Rather, the presence of genuine uncertainty forms a fundamental theoretical basis for the importance of new venture creation as a source of innovation-driven growth; entrepreneurs must establish and expand firms to capture the subjectively perceived profit opportunities. Therefore, tax policy is decisive for the commercialization and dissemination of innovations by providing incentives to uncertainty-bearing, not only for entrepreneurs, but also for intrapreneurs and financiers taking an active part in the governance and development of firms based on innovations characterized by genuine uncertainty. Furthermore, taxation can distort the evolutionary selection of innovations and firms, for instance, by taxing owners and firms differently. |
| Keywords: | Creative destruction; Economic growth; Entrepreneur; Entrepreneurship policy; Innovation; Judgment; Knightian uncertainty |
| JEL: | B40 O10 O30 |
| Date: | 2025–01–02 |
| URL: | https://d.repec.org/n?u=RePEc:hhs:iuiwop:1514 |
| By: | Oscar Csibi (GRM - Groupe de Recherche en Management - EA 4711 - UNS - Université Nice Sophia Antipolis (1965 - 2019) - UniCA - Université Côte d'Azur) |
| Abstract: | This research investigates how French small and medium-sized enterprises (SMEs) incorporate sustainability, particularly circular economy practices, into their internationalization strategies. As sustainability has become a prominent theme in business research, the triple bottom line (TBL) concept, integrating environmental, social, and economic dimensions, has gained recognition for reshaping business practices (Casado-Belmonte et al., 2020). In a context of escalating environmental crisis and growing global commitments to sustainable development, such as the Green Pact for Europe and the United Nations Agenda SDGs 2030, adopting circular economy principles is becoming vital for SMEs. Practices like energy efficiency, material recycling, and reducing carbon footprints hold immense potential to improve the sustainability performance of SMEs (Dey et al., 2022). However, Moursellas et al. (2023) highlight the varying adoption of these practices across regions, industries, and company sizes, revealing the persistent challenges SMEs face, particularly regarding resource limitations and operational capacity.Achieving sustainable development necessitates a fundamental shift in strategy and operations, moving away from linear economic models (Dominguez, 2023). With the global momentum toward sustainable development, it is essential to understand how SMEs can leverage sustainability for international growth (Horne & Fichter, 2022). Internationalization presents a viable avenue for scaling the impact of sustainable businesses. Denicolai et al. (2021) argue that sustainability practices enhance international competitiveness and performance, while other studies suggest that CSR-driven internationalization offers distinct advantages for SMEs, such as ethical branding and smoother market entry (Colovic & Henneron, 2019; Sinkovics et al., 2021). Historically, research on internationalization has largely focused on firms driven by economic gains, leaving a gap in understanding how sustainability integrates into SMEs' international strategies (Coldwell et al., 2022; Zolfaghari Ejlal Manesh & Rialp-Criado, 2019). Exploring the intersection between sustainability practices and SMEs' internationalization is critical, given that SMEs account for 90% of global businesses and over half of global employment (Audretsch & Guenther, 2023). However, their success is far from guaranteed, as performance varies widely based on factors such as innovation capacity and international reach. Sustainable entrepreneurial firms, in particular, face unique challenges as they navigate varying regulatory landscapes, manage cross-cultural differences, and align sustainability objectives with international business strategies (Casado-Belmonte et al., 2020). Incorporating sustainability into core strategies might offers SMEs a pathway to enhance competitiveness by addressing both market demands and global environmental challenges (Ghauri et al., 2023) In summary, this research aims to uncover how French SMEs manage the complexities of integrating sustainability into their international growth strategies, especially when confronting significant socio-environmental challenges across diverse contexts and involving multiple stakeholders. It examines the strategic approaches SMEs use to implement circular economy practices internationally, focusing on market entry modes, global supply chain integration, and how these strategies contribute to enhanced sustainability performance (de Jesus et al., 2018; Kirchherr et al., 2018; Re & Magnani, 2022). |
| Keywords: | Internationalization strategies, International expansion strategies, Sustainability strategies, Sustainable SMEs, International SMEs |
| Date: | 2024–11–22 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04812567 |
| By: | Koski, Heli; Wang, Maria |
| Abstract: | Abstract This study evaluates the impacts of public subsidies on firms in energy-intensive industries, focusing on R&D subsidies and compensation subsidies. Using firm-level data from Finnish energy-intensive industries between 2010 and 2022, it examines how these subsidies influence firm competitiveness and innovation outcomes. Compensation subsidies, designed to alleviate the additional electricity costs imposed by the EU Emissions Trading Scheme (ETS) on firms operating in certain energy-intensive industries, and to enhance their international competitiveness show no significant effects on employment, value added, or labor productivity. R&D subsidies, instead, demonstrate a substantial positive impact on innovation. Specifically, R&D subsidies significantly increase the citation stocks of climate change mitigation technology patents filed with the United States Patent and Trademark Office (USPTO). Total patent citation stocks associated with the European Patent Office (EPO) and USPTO also show statistically significant growth. |
| Keywords: | Firm subsidy, R&D subsidies, EU ETS, Competitiveness, Green innovation, Patents |
| JEL: | D22 H23 L52 O3 Q58 |
| Date: | 2025–01–20 |
| URL: | https://d.repec.org/n?u=RePEc:rif:wpaper:125 |
| By: | Joep Konings; Aaron Putseys |
| Abstract: | We assess how subsidies for on-the-job training affect firm performance. Using a difference-in- differences research design, we find that these subsidies positively influence firm size, wages, and productivity. Over four years, employment increases by 3.55%, value added by 5.68%, and labor costs by 3.60%. Average wages and labor productivity grow by 1.95% and 2.12%, respec- tively. In the first year of treatment, a notable discrepancy exists between the wage (1.21%) and productivity (2.18%) effects, indicating incomplete rent-sharing. These positive effects are primarily seen in smaller firms, which significantly increase training expenditures and hours in the year they receive subsidies, resulting in more trained and skilled workers. Larger firms do not show similar effects, highlighting the possibility that these firms relabel existing training ac- tivities to take advantage of the training subsidy program. Additionally, we find that subsidies focused on training in human resource management, logistics, and business skills drive these positive outcomes for firm size at the firm level. |
| Keywords: | Productivity, Programme evaluation, SMEs growth, Training subsidies |
| Date: | 2025–01–10 |
| URL: | https://d.repec.org/n?u=RePEc:ete:vivwps:757420 |
| By: | Juha, Sharmin Jahan; Mizan, Arefin |
| Abstract: | Recent research in the emerging field of ‘Indigenous Entrepreneurship’ is revealing that there are various conditions and values present when it comes to Indigenous businesses and enterprises, that fundamentally challenges the common assumptions about entrepreneurship. This study aims to address the challenges that ethnic minorities in Bangladesh, otherwise known as Indigenous people (IP), face in their entrepreneurial ventures while remaining in the informal sector, and recommend policy initiatives to counteract those challenges. We hypothesize that the Indigenous economy’s entrepreneurial landscape mainly comprises informal entrepreneurship. Which inevitably creates barriers to accessing financial institutions, incentives and services provided by the Government of Bangladesh (GOB) and other formal institutions, necessary for Small and Medium Enterprises (SME) to scale up and maximize market development. For this study, we used 67 case studies of IP-led businesses and startups in Bangladesh, in conjunction with the Future of Business Survey Data from Facebook. We use Fuzzy-set Qualitative Comparative Analysis (Fs/QCA), a novel analytical method to identify complex interacting causal factors from a large body of case studies. We hope to provide a sound basis for policy interventions based on practical and perceived needs of IPs, which are required to make entrepreneurship in Bangladesh more inclusive and ensure that IPs have a level playing field in the formal economy of Bangladesh. |
| Date: | 2025–01–10 |
| URL: | https://d.repec.org/n?u=RePEc:osf:socarx:d3c8z |
| By: | Zenne Hellinga; Julia Bachtrögler-Unger; Pierre-Alexandre Balland; Ron Boschma |
| Abstract: | The Smart Specialization Strategy (S3) is a cornerstone of the EU’s Cohesion Policy, with over €61 billion allocated for Research & Innovation from 2014 to 2020. This paper explores the prioritization of technological domains within regional S3 strategies and their influence on funding allocation of the European Regional Development Fund. Our findings indicate that while regions select a broad range of S3 priorities, they tend to prioritize those more related to their existing technological capabilities. This is particularly true for less developed andtransition regions. The lack of selectivity in S3 strategies appears to be mitigated when these priorities are converted into funding allocations. There we observe that funding allocation appears to align more closely with regional capabilities than initial S3 priorities. We also find that, although the complexity of technologies is somewhat considered in selecting S3 priorities, it seems to gain importance when regions dedicate their funding to specific R&I projects. |
| Date: | 2025–02 |
| URL: | https://d.repec.org/n?u=RePEc:egu:wpaper:2502 |
| By: | Elisabeth Nindl (European Commission - JRC); Lorenzo Napolitano (European Commission - JRC); Hugo Confraria (European Commission - JRC); Francesco Rentocchini (European Commission - JRC); Peter Fako (European Commission - JRC); James Gavigan (European Commission - JRC); Alexander Tuebke (European Commission - JRC) |
| Abstract: | The 2024 edition of “The EU Industrial Research & Development (R&D) Investment Scoreboard” continues in the 21st year to monitor and analyse industrial R&D investment trends in the context of the EU’s 3% of GDP R&D investment policy target, which is a key performance indicator of the EU’s long-term competitiveness. As emphasised in the recent ‘Draghi’ report, it is crucial for the EU to substantially increase private R&D investments in order to tackle our historic productivity gaps with respect to main global competitors. The 2024 Scoreboard’s monitors the world's top 2 000 R&D investors, responsible for over three quarters of R&D performed by the business sector globally, based on the financial information in the firms’ latest published audited accounts. Chapter 2 analyses the main global trends and benchmarks the EU’s top R&D investing companies against global competitors. Chapter 3 provides details per sector, and chapter 4 deep-dives on a subsample of the EU’s top 800 R&D investing firms. Chapter 5 analyses the R&D productivity from a long-term perspective, and combines the sample with data on Mergers & Acquisitions (M&A) to delve into corporate innovation strategies. |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:ipt:iptwpa:jrc140129 |
| By: | Ronize Cruz (Centre for Business and Economics Research, University of Coimbr); Francisco Nobre (University of Surrey, School of Economics); João Pereira dos Santos (Queen Mary University of London; ISEG - University of Lisbon, REM/ UECE; IZA) |
| Abstract: | This paper examines the rapid rise in short-term rentals (STRs) in Portugal and their impact on the performance of local businesses. Using comprehensive firm-level data covering all private companies, we find that exposure to STRs increases the probability of business closures, particularly for low-performing firms. For surviving incumbent firms, we estimate a significant surge in sales for both resident- and tourist-oriented businesses, along with increases in employment, wage bill, and liquidity for the latter. In civil parishes with greater STR exposure, we observe a higher probability of new firm entry, reshaping the urban business landscape. |
| Keywords: | Short-term rentals, Local businesses, Tourism, Portugal |
| JEL: | R12 L25 L83 |
| Date: | 2024–11 |
| URL: | https://d.repec.org/n?u=RePEc:gmf:papers:2024-04 |
| By: | Mohammed Khaouja (LRMD FEG Settat - Laboratoire de Recherche en Management et Développement - Faculté des Sciences Economiques et de Gestion) |
| Abstract: | Knowledge management (KM) represents an essential strategic tool that allows companies to cultivate and use knowledge to improve their competitiveness and foster innovation. In a context of intense market competition, innovation proves to be an essential element that allows organizations to distinguish themselves from their competitors. The availability and sharing of knowledge are considered essential elements for improving the capacity for innovation. This research analyzes the impact of knowledge management on the innovation process, based on a case study conducted from 2019 to 2020 with managers operating in the telecommunications sector in Morocco. A bibliographic analysis has defined the concepts of knowledge management and innovation, and the results highlight a positive and significant correlation between knowledge management and the increase in innovation capacity. Keywords: Knowledge management, telecommunications operator, innovation; JEL Classification: O3 Paper Type: Empirical Research |
| Abstract: | La gestion des connaissances (GC) représente un outil stratégique essentiel qui permet aux entreprises de cultiver et d'utiliser des connaissances afin d'améliorer leur compétitivité et de favoriser l'innovation. Dans un contexte de concurrence intense sur le marché, l'innovation se révèle être un élément essentiel permettant aux organisations de se distinguer de leurs concurrents. La disponibilité et le partage des connaissances sont considérés comme des éléments essentiels pour améliorer la capacité d'innovation. Cette recherche analyse l'incidence de la gestion des connaissances sur le processus d'innovation, en se basant sur une étude de cas réalisée de 2019 à 2020 auprès des managers opérants dans le domaine des télécommunications au Maroc. Une analyse bibliographique a permis de définir les concepts de gestion des connaissances et d'innovation, et les résultats mettent en évidence une corrélation positive et significative entre la gestion des connaissances et l'augmentation de la capacité d'innovation. Mots-clés : Gestion des connaissances, opérateur de télécommunications, innovation ; JEL Classification : O3 Type du papier : Recherche empirique |
| Keywords: | Gestion des connaissances, opérateur de télécommunications, innovation, telecommunications operator |
| Date: | 2024–12–02 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04825776 |
| By: | Aidan Toner-Rodgers |
| Abstract: | This paper studies the impact of artificial intelligence on innovation, exploiting the randomized introduction of a new materials discovery technology to 1, 018 scientists in the R&D lab of a large U.S. firm. AI-assisted researchers discover 44% more materials, resulting in a 39% increase in patent filings and a 17% rise in downstream product innovation. These compounds possess more novel chemical structures and lead to more radical inventions. However, the technology has strikingly disparate effects across the productivity distribution: while the bottom third of scientists see little benefit, the output of top researchers nearly doubles. Investigating the mechanisms behind these results, I show that AI automates 57% of "idea-generation" tasks, reallocating researchers to the new task of evaluating model-produced candidate materials. Top scientists leverage their domain knowledge to prioritize promising AI suggestions, while others waste significant resources testing false positives. Together, these findings demonstrate the potential of AI-augmented research and highlight the complementarity between algorithms and expertise in the innovative process. Survey evidence reveals that these gains come at a cost, however, as 82% of scientists report reduced satisfaction with their work due to decreased creativity and skill underutilization. |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2412.17866 |
| By: | Julien Cusin (IRGO - Institut de Recherche en Gestion des Organisations - UB - Université de Bordeaux - Institut d'Administration des Entreprises (IAE) - Bordeaux); Florence Kremer (IRGO - Institut de Recherche en Gestion des Organisations - UB - Université de Bordeaux - Institut d'Administration des Entreprises (IAE) - Bordeaux) |
| Abstract: | The literature shows that the perception of entrepreneurial success is multidimensional (encompassing personal and business criteria) and potentially variable, depending, for example, on the public's gender, nationality, or age. The volatility of this perception over the course of the entrepreneurial adventure remains largely unexplored to date as the concept has mainly been investigated using a statical approach. In the present research, we adopt a dynamic perspective which focuses on the public of young entrepreneurs. We ask to what extent their definition of entrepreneurial success and the criteria they associate with it evolve as the entrepreneurial experience unfolds. To answer this question, we conducted a qualitative longitudinal analysis of seven young entrepreneurs' trajectories involving six collection phases spread over 30 months. The empirical data collected and analyzed using the "Gioia" methodology confirms the coexistence of personal and business criteria in young entrepreneurs' perceptions of entrepreneurial success and, above all, determines success criteria specific to this young public. Our research underscores the evolving nature of these criteria, identifying mechanisms that reinforce and weaken the perception of entrepreneurial success. |
| Abstract: | La literatura establece que la percepción del éxito empresarial es multidimensional (estando integrada por criterios personales y empresariales) y potencialmente variable en función, por ejemplo, del sexo, la nacionalidad o la edad de los sujetos. La cuestión de la volatilidad de dicha percepción a lo largo del proceso emprendedor apenas se ha explorado hasta la fecha, ya que el concepto se ha estudiado principalmente de forma estática. En esta investigación, adoptamos una perspectiva dinámica, centrándonos en el público de los jóvenes emprendedores. Nos preguntamos hasta qué punto su definición del éxito empresarial y los criterios que asocian al mismo cambian en el transcurso de la aventura empresarial. Para responder a esta pregunta, hemos llevado a cabo un análisis cualitativo longitudinal de las trayectorias de siete jóvenes emprendedores, a través de seis fases de recogida de datos repartidas en 30 meses. Los datos empíricos recogidos, analizados mediante la metodología «Gioia», nos han permitido confirmar la coexistencia de criterios personales y empresariales en la percepción del éxito empresarial entre los jóvenes emprendedores y, sobre todo, identificar criterios de éxito específicos de este público joven. Además, nuestra investigación subraya el carácter evolutivo de estos criterios, poniendo de relieve los mecanismos de refuerzo y debilitamiento de la percepción del éxito empresarial. |
| Abstract: | La littérature établit que la perception de réussite entrepreneuriale est multidimensionnelle (en intégrant des critères personnels et business) et potentiellement variable selon, par exemple, le genre, la nationalité ou l'âge des publics. La question de la volatilité de cette perception au fil du processus entrepreneurial reste largement inexplorée à ce jour, ce concept ayant été surtout étudié de façon statique. Dans cette recherche, nous adoptons une perspective dynamique, en nous intéressant au public des jeunes entrepreneurs. Nous nous demandons dans quelle mesure leur définition de la réussite entrepreneuriale et les critères qu'ils y associent sont amenés à évoluer dans la durée de l'aventure entrepreneuriale. Pour répondre à cette question, nous réalisons une analyse qualitative longitudinale de sept trajectoires de jeunes entrepreneurs, via six phases de collectes étalées sur 30 mois. Les données empiriques recueillies, analysées selon la méthodologie dite « à la Gioia », permettent de confirmer la coexistence de critères personnels et business dans la perception de réussite entrepreneuriale des jeunes entrepreneurs, et surtout d'identifier des critères de réussite spécifiques à ce jeune public. Plus encore, notre recherche souligne le caractère évolutif desdits critères, en mettant en évidence des mécanismes de renforcement et de fragilisation de la perception de réussite entrepreneuriale. |
| Keywords: | Perception of entrepreneurial success, Young entrepreneurs, Evolution of perception of success, Longitudinal qualitative study, Gioia methodology, Percepción del éxito empresarial, Jóvenes emprendedores, Cambios en la percepción del éxito, Estudio cualitativo longitudinal, Metodología Gioia, Perception de réussite entrepreneuriale, Jeunes entrepreneurs, Évolution de la perception de réussite, Étude qualitative longitudinale, Méthodologie Gioia |
| Date: | 2023 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04840894 |
| By: | Jakob (Max Planck Institute for Research on Collective Goods, Bonn) |
| Abstract: | This study examines the relationship between absenteeism and firm performance using data on 1, 387 stores of a retail chain, combined with public health data, covering a 36-month period. Crucially, the relationship between absenteeism and sales is not monotonic. Instead, it exhibits an inverted U-shape. This indicates that a reduction in absenteeism does not necessarily result in improved firm performance. In fact, moderate absenteeism is associated with higher sales than perfect attendance. Moreover, if the actual level of absenteeism is below the level expected due to the regional acute spread of respiratory disease, this is associated with lower sales than if both align. A similar relationship is also observed between absenteeism and measures of service quality. Endogeneity concerns are addressed using fixed effects regression and instrumental variable estimation. In conclusion, the results demonstrate that absenteeism is not generally detrimental to firm performance. It is therefore not advisable to attempt to avoid absenteeism altogether. |
| Date: | 2025–01 |
| URL: | https://d.repec.org/n?u=RePEc:mpg:wpaper:2025_02 |
| By: | Taichi Abe; Yasunobu Morita |
| Abstract: | This study examines the relationship between the concept of serious leisure and user innovation. We adopted the characteristics of innovative consumers identified by Luthje (2004)-product use experience, information exchange, and new product adoption speed-to analyze their correlation with serious leisure engagement. The analysis utilized consumer behavior survey data from the "Marketing Analysis Contest 2023" sponsored by Nomura Research Institute, examining the relationship between innovative consumer characteristics and the degree of serious leisure (Serious Leisure Inventory and Measure: SLIM). Since the contest data did not directly measure innovative consumer characteristics or serious leisure engagement, we established alternative variables for quantitative analysis. The results showed that the SLIM alternative variable had positive correlations with diverse product experiences and early adoption of new products. However, no clear relationship was found with information exchange among consumers. These findings suggest that serious leisure practice may serve as a potential antecedent to user innovation. The leisure career perspective of the serious leisure concept may capture the motivations of user innovators that Okada and Nishikawa (2019) identified. |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2412.13556 |
| By: | Simon Alexander Wiese; Johannes Lehmann; Michael Beckmann |
| Abstract: | Using novel establishment-level observational data from Switzerland, we empirically examine whether the usage of key technologies of Industry 4.0 distinguishes across firms with different types of organizational culture. Based on the Technology-Organization-Environment and the Competing Values framework, we hypothesize that the developmental culture has the greatest potential to promote the usage of Industry 4.0 technologies. We also hypothesize that companies with a hierarchical or rational culture are especially likely to make use of automation technologies, such as AI and robotics. By means of descriptive statistics and multiple regression analysis, we find empirical support for our first hypothesis, while we cannot con-firm our second hypothesis. Our empirical results provide important implications for managerial decision-makers. Specifically, the link between organizational culture and the implementation of Industry 4.0 technologies is relevant for managers, as this knowledge helps them to cope with digital transformation in turbulent times and keep their businesses competitive. |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2412.12752 |
| By: | Manju Puri; Yiming Qian; Xiang Zheng |
| Abstract: | We hypothesize and find evidence that banks use venture investments in fintech startups as a strategic approach to navigate fintech competition. We show that banks’ venture investments have increasingly focused on fintech firms in systematic ways. We find that banks facing greater fintech competition are more likely to make venture investments in fintech startups. Banks target fintech firms that exhibit higher levels of asset complementarities with their own business. Finally, instrumental variable analyses show that venture investments increase the likelihood of operational collaborations and knowledge transfer between the bank investor and the fintech investee. |
| JEL: | G21 G24 |
| Date: | 2024–12 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:33297 |