Given the current ecological state of the planet organizations now need to develop their sustainability to a significantly greater extent and at a faster pace. This paper aims to…
Abstract
Purpose
Given the current ecological state of the planet organizations now need to develop their sustainability to a significantly greater extent and at a faster pace. This paper aims to propose stakeholder collectives as a means for rapid and comprehensive sustainability, while also examining the moderating influence of firm size and change potential.
Design/methodology/approach
A theoretical analysis leads to the development of multiple propositions. The work concentrates on one research question: how can the authors bring about rapid and comprehensive organizational sustainability?
Findings
Arguments for the inability of individual stakeholders to drive the level of sustainability now required are presented. Propositions suggesting that sustainability can be obtained through stakeholder collectives, moderated by firm size and the change potential of the firm are developed.
Research limitations/implications
Research using stakeholder theory has examined intra-stakeholder group collective action, but arguably the more important, inter-stakeholder group collective action, has received little attention. The authors elaborate the prospects for collective stakeholder influence strategies as useful for increasing sustainability.
Originality/value
The main contribution is the nexus between stakeholder influence strategies and the collective goal of sustainability. By examining an underdeveloped component of stakeholder theory, the authors answer the question how stakeholders can drive the extensive and rapid organizational sustainability now required.
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Saurav Pathak, Andre O. Laplume and Emanuel Xavier-Oliveira
Given the increasing relevance of emerging economies in the global economy and the neoclassical argument that technological progress is the main driver of economic growth, the…
Abstract
Purpose
Given the increasing relevance of emerging economies in the global economy and the neoclassical argument that technological progress is the main driver of economic growth, the purpose of this paper is to investigate the under-researched role of informal institutions on the likelihood that individuals will enter into technology entrepreneurship in emerging markets.
Design/methodology/approach
Since the authors combined individual-level and country-level observations, data were analyzed employing hierarchical linear modeling methods and random-effect logistic regressions to estimate the influence of country-level factors on the likelihood of individuals’ entry into techno-entrepreneurship. The data set comprised 10,280 observations for 18 emerging countries during the 2002-2008 period.
Findings
The selected informal institutions relate to techno-entrepreneurship as follows: the size of the shadow economy has a U-shaped relationship; ethnic diversity is positively associated; and ethnic polarization is negatively associated, though the latter is not significant.
Research limitations/implications
The authors did not theorize on cross-level mechanisms through which these informal institutions could influence individual-level attitudes, nor did the authors assess the role of such institutions on general entrepreneurship. However, this paper provides a base for more fine-grained studies.
Originality/value
The authors disseminate novel insights into the particularities of emerging economies since all informal institutions studied here have been negatively associated with the overall economic experiences of developing and least developed countries. In addition, the authors provide a unique contribution by identifying a potential U-shaped relationship between the size of the shadow economy and the likelihood of individuals engaging in techno-entrepreneurship.
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André O. Laplume and Manish K. Srivastava
The purpose of this paper is to examine product failures in the consumer technology products industry to explain why some firms experience more aesthetic-related failures than…
Abstract
Purpose
The purpose of this paper is to examine product failures in the consumer technology products industry to explain why some firms experience more aesthetic-related failures than others.
Design/methodology/approach
The study uses a unique data set of failed high technology consumer products identified by expert product reviewers of 75 online magazines during 2000-2010. The variables are constructed using two coders as well as using an automated content analysis process based on the information provided in the online product reviews. The study tests a hypothesis using multilevel logistic regression techniques on a sample of 606 product reviews of 323 products associated with 171 firms.
Findings
The study demonstrates that older firms are much more susceptible than younger firms to suffer from aesthetic-related product failures when they pursue product innovations that are new for them. Likewise, older firms suffer fewer aesthetics-related product failures than younger firms when they exploit products that well known to them.
Originality/value
The study is highly novel in its research setting and empirical approach, and brings valuable insights for researchers and managers regarding challenges associated with aesthetic innovations for young and old firms.
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This chapter examines the implications of blockchain ventures for international business. The author highlights the advantages blockchain technologies can create for firms seeking…
Abstract
This chapter examines the implications of blockchain ventures for international business. The author highlights the advantages blockchain technologies can create for firms seeking to access international markets for investors, customers, employees, and suppliers. Overall, the international character of initial coin offerings and their business models suggest several advantages over traditional internationalization methods.
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Etayankara Muralidharan, Hari Bapuji and André Laplume
– This paper aims to understand why firms expedite or delay product recall decisions involving international sourcing.
Abstract
Purpose
This paper aims to understand why firms expedite or delay product recall decisions involving international sourcing.
Design/methodology/approach
This paper combines US toy recall data from the Consumer Products Safety Commission database for the period from 1988to 2011 with World Economic Forum data on institutional environments to predict the effect the host country conditions have on recall timing decisions.
Findings
Firms tend to expedite decisions to recall defective products sourced from countries where the informal institutional profile is perceived to be unfavorable for quality manufacture.
Research limitations/implications
The reported research is empirical in nature and uses pooled cross-country, single-industry data.
Practical implications
Managers should be careful not to allow their biases to affect their product recall timing decisions.
Originality/value
Whereas previous research has examined recall timing decisions, this study is the first to consider the institutional environment where products are sourced from as an explanatory variable.
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Literature has pointed that conventional financial development theories have inconclusive role on motivating new businesses. New ventures often consider the conventional system…
Abstract
Purpose
Literature has pointed that conventional financial development theories have inconclusive role on motivating new businesses. New ventures often consider the conventional system that passes through risk and provides fixed-interest lending as a burden. Comparatively, Islamic finance contributes using participative and equitable substitute for startups and has a potential in promoting new businesses. This study aims to investigate the holistic financial development index quadratic effect on entrepreneurship and include the moderating role of Islamic financing at national level.
Design/methodology/approach
Islamic banks of 21 nations constitute the unbalanced panel data. Financial development and entrepreneurship indices were developed using factor analysis and panel median regression to estimate the nonlinear financial market development effects and Islamic financing moderation model.
Findings
The results indicated that low financial market development is entrepreneurship deterring because of interest burden effect, which could be eased with a proportional increase in the Islamic financing, which is participative. The moderating effect has led to the categorization of the sample countries into entrepreneurship promoting and entrepreneurship discouraging with respect to the current incidence of financial market development and Islamic financing, which can help policymakers in understanding the entrepreneurship promoting combination of financial development and Islamic financing.
Research limitations/implications
Central banks and Shari’ah advisory councils can adopt Islamic financing transition in the national financial inclusion policy for new business facilitation.
Originality/value
This study is instrumental in exploring the assessment of introducing Islamic financing while developing the financial sector on multidimensional entrepreneurship.
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Bo Li, Ruxiao Xing, Wenya Guo and Shixiang Tang
This study aims to analyze and discuss whether and how consumer-to-manufacturer (C2M) mode empowered by e-commerce retail platforms’ big data affects the stock returns of firms in…
Abstract
Purpose
This study aims to analyze and discuss whether and how consumer-to-manufacturer (C2M) mode empowered by e-commerce retail platforms’ big data affects the stock returns of firms in supply chains.
Design/methodology/approach
This study selects 195 companies affected by four C2M events as samples and empirically analyzes the impact mechanisms of C2M mode on supply chain firms’ stock returns by event study.
Findings
This paper finds that C2M announcements own a positive impact on the stock returns of supply chain firms. Further, the results show that the business and financial characteristics play a significant impact on the relationship between the C2M mode and firm stock return performance. For example, C2M mode leads to huge stock returns when firms cooperate with the platforms related to their business content. In addition, the business scope can strengthen the positive promotion of C2M mode in stock returns, while business concentration weakens the positive promotion of C2M mode in stock returns.
Originality/value
The results found in this paper can provide practical guidance for the firms in supply chains to further apply C2M mode from the business characteristics and financial performance view.
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Recently, sustainable supply chain management (SSCM) has generated significant interest and gained attention of practitioners and academics. The purpose of this paper is to…
Abstract
Purpose
Recently, sustainable supply chain management (SSCM) has generated significant interest and gained attention of practitioners and academics. The purpose of this paper is to explore different themes in the existing literature, which pertains to social sustainability (SS) in supply chains, to argue for the use of SS model and suggest further research directions.
Design/methodology/approach
In the study, the authors have undertaken extensive literature review (n = 171) and used thematic analysis to propose a model.
Findings
Through the extensive review and thematic analysis, the paper identifies eight themes, which include stakeholder pressure, sustainability culture, contingencies, sustainability practices, partnerships, drivers and barriers, sustainability performance and optimization, and develops a SS model called “five-factor sustainability model.” Furthermore, a list of potential research directions for five-factor sustainability model is discussed.
Research limitations/implications
The research is an attempt to explore different themes related to SS in supply chain and develop a model that is also applicable to economic and environmental sustainability.
Originality/value
The paper offers a new approach to SSCM literature, arguing for five-factor sustainability model and providing further research directions. Moreover, this model will help sustainability scholars to position and integrate their research within social, economic and environmental sustainability literature.
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Given the lack of theoretical and empirical research on high-growth entrepreneurs in developed and developing economies; this paper aims to answer, what are the main definitions…
Abstract
Purpose
Given the lack of theoretical and empirical research on high-growth entrepreneurs in developed and developing economies; this paper aims to answer, what are the main definitions and typologies used to explain the high-growth phenomenon? How could be described the high-growth entrepreneurs’ life cycle? And what are the main findings and limitations in the empirical research of high-growth entrepreneurship?
Design/methodology/approach
To advance the study of high-growth entrepreneurship and provide a means through which these advancements can contribute to the understanding of how this phenomenon is defined, the authors organize and review the extant literature based on the foundational definition of entrepreneurship, the typologies used to describe it and the phases of new venture process. The final sample of this methodology consisted of 54 empirical works that explored this issue from 2010 to 2020.
Findings
This research develops a roadmap on the current state of high-growth entrepreneurship and provides suggestions to guide future research in extending the understanding of this phenomenon.
Practical implications
The theoretical frameworks developed could be used for both policymakers and entrepreneurs to understand the variables that affect the entrepreneurial life cycle and how they could increase the likelihood of survival of new firms in developed and developing economies.
Originality/value
The research provides evidence about the definitions and entrepreneurial typologies used to describe the high-growth ventures, bridging unconnected theoretical frameworks and proposing an integrated view to exploring the phenomena in a new setting.
Objetivo
Dada la falta de investigación sobre el emprendimiento de alto crecimiento en las economías desarrolladas y en desarrollo, esta investigación responde a (a) ¿Cuáles son las principales definiciones y tipologías utilizadas para explicar el fenómeno del alto crecimiento? (b) ¿Cómo se podría describir el ciclo de vida de los emprendedores de alto crecimiento? y (c) ¿Cuáles son los principales hallazgos y limitaciones en la investigación empírica del emprendimiento de alto crecimiento?
Diseño/metodología/enfoque
Para avanzar en el estudio del emprendimiento de alto crecimiento organizamos y revisamos la literatura existente basándonos en la definición fundacional, las tipologías utilizadas para describirlo y las fases del proceso de nuevas empresas. La muestra final consistió en 54 trabajos empíricos desde 2010 hasta 2020.
Resultados
Esta investigación avanza en la exploración del emprendimiento de alto crecimiento y proporciona una visión general compresiva de este fenómeno basada en encuestas globales estandarizadas. Esta investigación ha proporcionado una visión general de los emprendimientos de alto crecimiento, presentando una agenda de investigación basado en los resultados empíricos y las limitaciones.
Implicaciones prácticas
Los marcos desarrollados podrían ser utilizados por los responsables políticos como por los empresarios para comprender las variables que afectan al ciclo de vida emprendedor y cómo podrían aumentar la probabilidad de supervivencia de las nuevas empresas en las economías desarrolladas y en desarrollo.
Originalidad/Valor
La revisión proporciona las definiciones y tipologías empresariales utilizadas para describir el fenómeno del alto crecimiento, tendiendo un puente entre marcos teóricos inconexos y proponiendo una visión integrada para explorar el fenómeno en un nuevo escenario.
Objectivo
Dada a falta de investigação sobre empreendedorismo de alto crescimento nas economias desenvolvidas e em desenvolvimento, esta investigação responde (a) Quais são as principais definições e tipologias utilizadas para explicar o fenómeno de alto crescimento? (b) Como poderia ser descrito o ciclo de vida dos empresários de alto crescimento? e (c) Quais são as principais descobertas e limitações na investigação empírica sobre empreendedorismo de alto crescimento?
Concepção/metodologia/abordagem
Para avançar o estudo do empreendedorismo de alto crescimento organizámos e revimos a literatura existente com base na definição fundacional, nas tipologias utilizadas para o descrever e nas fases do novo processo de empreendimento. A amostra final consistiu em 54 trabalhos empíricos de 2010 a 2020.
Resultados
Esta investigação faz avançar a exploração do empreendedorismo de alto crescimento e fornece uma visão global abrangente deste fenómeno com base em inquéritos globais normalizados. Esta investigação proporcionou uma visão geral do empreendedorismo de alto crescimento, apresentando uma agenda de investigação baseada em resultados empíricos e limitações.
Implicações práticas
As estruturas desenvolvidas poderiam ser utilizadas tanto pelos decisores políticos como pelos empresários para compreender as variáveis que afectam o ciclo de vida empresarial e como poderiam aumentar a probabilidade de sobrevivência de novos empreendimentos em economias desenvolvidas e em desenvolvimento.
Originalidade/valor
A revisão fornece definições e tipologias empresariais utilizadas para descrever o fenómeno de alto crescimento, estabelecendo pontes entre quadros teóricos desajustados e propondo uma visão integrada para explorar o fenómeno num novo cenário.