Daniel Fuller and David Pickernell
The purpose of this paper is to identify whether the entrepreneurial activities of universities in the UK can be statistically grouped together.
Abstract
Purpose
The purpose of this paper is to identify whether the entrepreneurial activities of universities in the UK can be statistically grouped together.
Design/methodology/approach
This paper is performing a principal component analysis (PCA) of the 2009/2010 UK Higher Education Business and Community Interaction Survey (HE-BCIS) data for the third stream activities of universities in the UK.
Findings
The PCA of the 144 included institutions identified four groups of entrepreneurial activities being engaged in by universities in the UK. Three of the four groups were related to spin-offs, labelled as “Staff Spin-off Activity”, “Non-HEI Owned Spin-Off Activity” and “Graduate Start-up Activity”. The remaining factor has been named “University Knowledge Exploitation Activity (UKEA)” and encompasses a wide range of university knowledge creation, exchange and exploitation activities.
Research limitations/implications
The research indicates, through a ranking system for each university for the various groups of entrepreneurial activities, that universities are often entrepreneurial in just one or two of the groups of entrepreneurial activities identified by the PCA. Identifying what is causing those differences is required to further understand why we see this variation across the HE sector.
Originality/value
The use of a PCA to identify groups of entrepreneurial activities is a novel approach. Typically studies use a select few indicators, such as spin-offs or patents to analyse the entrepreneurial activities of universities. This study uses PCA to group together statistically related activities which can then be used to identify what is driving these groups of activities in future studies.
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Siwan Mitchelmore and Jennifer Rowley
Entrepreneurial competencies have an impact on firm performance and growth. The purpose of this paper is to report empirical research into the entrepreneurial competencies…
Abstract
Purpose
Entrepreneurial competencies have an impact on firm performance and growth. The purpose of this paper is to report empirical research into the entrepreneurial competencies reported by female entrepreneurs who are committed to the growth of their business.
Design/methodology/approach
A questionnaire‐based survey of female entrepreneurs in England and Wales was conducted. The core of the questionnaire was a list of entrepreneurial competencies compiled from previous theoretical and empirical frameworks, coupled with Likert scales through which the entrepreneurs were invited to rate their ability in relation to each competency. PCA was conducted in order to identify clusters of competencies, and to identify the competencies that loaded onto those clusters.
Findings
Four main clusters of competencies were identified: personal and relationship, business and management, entrepreneurial, and human relations competencies. Whilst previous research on the competencies of entrepreneurs has identified the two clusters of business and management, and entrepreneurial competencies, the competencies in the other two clusters have received less attention and have not been identified as clusters. Arguably, competencies in these clusters are valued more highly by female entrepreneurs than by their male counterparts.
Originality/value
This study is the first to offer a comprehensive analysis of the competencies of female entrepreneurs. By identifying four key groups of competencies, the research provides the basis for an agenda for focus in education, and development of female entrepreneurs. More specifically, the Female Entrepreneur Competence (FEC) framework generated by this research can be used to support female entrepreneurs in the self‐assessment of their competencies.
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Rebecca Checkley, Nick Hodge, Sue Chantler, Lisa Reidy and Katie Holmes
This paper focuses on accessing the experiences of three boys who are on the autism spectrum to identify what using a voice output communication aid (VOCA), within a classroom…
Abstract
This paper focuses on accessing the experiences of three boys who are on the autism spectrum to identify what using a voice output communication aid (VOCA), within a classroom setting, means to them. The methods used to identify the boys' perspectives are described and evaluated. Establishing these through direct methods of engagement proved problematic but working with parents and school staff as ‘expert guides’ provided a rich insight into what using a VOCA appeared to mean to the boys. The findings suggest that using a computer‐based VOCA can be viewed by children with autism as a pleasurable and motivating activity. This technology also seems to offer the potential for a much broader developmental impact for these children than that currently recognised within the research literature.
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Richa Pandey and V. Mary Jessica
This study aims to investigate the behavioural biases influencing the real estate market investing decisions of normal non-professional investors in India.
Abstract
Purpose
This study aims to investigate the behavioural biases influencing the real estate market investing decisions of normal non-professional investors in India.
Design/methodology/approach
As the study involves the behavioural data with polytomous response format, psychometric test- graded response model (IRT approach) was used for the study with the help of STATA 14. Multi-stage stratified sampling was used to collect a sample of 560 respondents. The study used a 14-item scale representing behavioural biases derived from two broad behavioural theories, i.e. heuristics and prospect theories. Sample characteristics were checked using SPSS 20. Pre-required assumptions for IRT (i.e. local independence and unidimensionality) were tested by CFA using AMOS 20.
Findings
Five items, four of which belong to heuristics (anchoring – 2, representativeness – 1 and availability bias – 1) and one belong to prospect theory (regret aversion) are sufficient to measure the behavioural attitude of real estate investors in the Indian scenario. Item discrimination ai ranged from 0.95 to 1.52 (average value 1.29), showing moderate discrimination power of the items. The items have done a pretty good job of assessing the lower level of agreement. For the higher level of agreement, the scale came out to be less precise, with less information and higher standard error of measurement.
Research limitations/implications
As the behavioural biases are often false, the study suggests the investors not to repeat these nasty biases to improve investment strategies. As they are shared and not easily changeable, understanding these biases may also help them in beating the market by acting as “noise traders”.
Practical implications
The traditional price index is incomplete in some essential respects. The inclusion of these behavioural biases into the construction of price index will greatly improve the traditional price index, policymakers should seriously think about it.
Social implications
Shelter is one of the basic needs; a dwelling unit is needed for one to stay in, develop and contribute to economy and society. If investors try to minimise these biases and policymakers keep a track of these while making strategies, mispricing in this sector can be controlled to some extent, which will ultimately help in the well-being of society.
Originality/value
This study contributes to the limited research by investigating the behavioural biases influencing the real estate market investment decisions of normal non-professional investors. It contributes to the lacking academe on real estate market in India. The study has used a psychometric test, i.e. the item response theory, for evaluating the quality of the items.
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Siwan Mitchelmore and Jennifer Rowley
This paper aims to explore the planning strategies of female entrepreneurs who have indicated a desire to grow their businesses, the time horizons of planning strategies and the…
Abstract
Purpose
This paper aims to explore the planning strategies of female entrepreneurs who have indicated a desire to grow their businesses, the time horizons of planning strategies and the relationship between planning horizons and number of employees and annual sales as measures of business performance.
Design/methodology/approach
In order to gather data for this exploratory study, a questionnaire was sent by e‐mail to members of networks of female entrepreneurs across England and Wales. Questionnaires were selected for analysis on the basis of an indication from the respondent that they wished to grow their business. Data were entered into SPSS to generate descriptive statistics, and conduct hypothesis testing.
Findings
The most preferred business growth strategies were: improving existing products or services and expanding advertising and promotion. Planning horizons are very short (often under three months), although the planning horizons associated with new products and entry into new markets were in some instances a little longer. Such short planning horizons could have serious consequences for business performance and growth. The planning horizons for cashflow, and investment in infrastructure showed a correlation with number of employees, whilst the planning horizons for cashflow, new product development, and expenditure showed a correlation with annual sales.
Practical implications
Female entrepreneurs need to be encouraged to extend their planning horizons, especially in terms of financial indicators such as expenditure, cash flow, and investment.
Originality/value
This research contributes to the growing literature on female entrepreneurs and their business, by providing further insight into their growth strategies and planning horizons.
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Siwan Mitchelmore, Jennifer Rowley and Edward Shiu
The purpose of this paper is to identify the entrepreneurial competencies that women SME owners perceive to be important to the success of their business, and the competencies…
Abstract
Purpose
The purpose of this paper is to identify the entrepreneurial competencies that women SME owners perceive to be important to the success of their business, and the competencies that women with high turnover growth rate deem important, and makes a comparison between the two sets of competencies.
Design/methodology/approach
A questionnaire-based survey of female entrepreneurs in England and Wales collected data on those entrepreneurial competencies that women perceived to be important for their business, alongside key business performance measures, such as turnover growth rate. A ranking of the top ten competencies that women thought were important for success was generated; this ranking was compared with a list of four competencies identified as being important by those women whose businesses exhibited high business growth.
Findings
All of the competencies perceived by the whole group to be important to the success of their business were personal and relational competencies. This is in stark contrast to the findings from logistic regression, which shows that high-growth businesses can be differentiated from low-growth businesses regarding the importance assigned to the following four competencies by their owners: pro-activeness, strategic planning and implementation for opportunities, acquiring finance, and risk-taking.
Originality/value
This study suggests that women business owners’ prioritisation of the key competencies for their business may impact on business growth, and raises the question as to whether women business owners are able to identify the competencies that will drive the growth of their business. The particular contribution of this study is this gap, which poses challenges for policy makers, practitioners, and researchers.
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Sumit Kishore Lalwani, Breno Nunes, Daniel Chicksand and Dev Kumar (Roshan) Boojihawon
The purpose of this paper is to examine the self-declared sustainability initiatives of the world’s four largest chocolate manufacturers (Ferrero, Mars, Mondelez and Nestlé) and…
Abstract
Purpose
The purpose of this paper is to examine the self-declared sustainability initiatives of the world’s four largest chocolate manufacturers (Ferrero, Mars, Mondelez and Nestlé) and the measures they take to tackle social problems within the context of establishing sustainable sourcing of cocoa in Ghana and the Ivory Coast. Global cocoa supply chains are under continuous media and public scrutiny. Recent incidents of malpractice in supply chain management have left global chocolatiers vulnerable in terms of how they deal with social issues across their global supply chain networks. Critics have argued that there is a lack of consistency and transparency between what companies say and do in upholding sustainable practices across their supply chains.
Design/methodology/approach
The authors draw from the sustainable supply chain literature to develop our theoretical parameters and undertake a case-based analysis of the existing sustainability practices of these chocolatiers. Using the insights from this analysis, the authors propose a conceptual framework for a rigorous comparative assessment of self-declared sustainable sourcing initiatives of global agricultural supply chains. The methodology is qualitative and the research method is a secondary-data case study.
Findings
Four main parameters were identified and used to compare self-declared initiatives, namely: social sustainability certification from respectable bodies; code of conduct for suppliers; partnerships with the primary supply chain stakeholders; and supplier collaboration programme and improvement initiatives. The case companies chosen have implemented several initiatives, but the most prominent seem to indicate the reliance on third-party certification. Not all companies adopted a supplier code of conduct. The partnerships and collaboration programmes with different associations are presented as efficient for companies as well as farmers. Improvements in the conditions of farmers are advocated as a key result.
Research limitations/implications
This paper is based on self-declared secondary data. Subsequently, it is possible that the case companies did not document some practices; or that companies do not do what they claim.
Practical implications
This paper provides a comprehensive framework for agricultural businesses to compare their sustainability efforts and improve the performance of their supply chains, particularly those who belong to the cocoa supply chains. The proposed framework allows an assessment of initiatives at policy, strategic, tactical and operational levels to improve social sustainability of supply chains.
Social implications
This paper may help companies to think more clearly about greater transparency and provide the impetus for dealing more effectively with serious social issues in agricultural supply chains such as: child labour, child trafficking, modern slavery, etc. It may also instruct consumers to better understand what companies do as part of their sustainability agenda, alongside the communication of other features of their products, such as quality.
Originality/value
The framework adds value by providing a novel way to systematically compile and analyse data around self-declared sustainable initiatives. Actors within agricultural supply chains can use the framework to assess and drive their sustainability efforts and practices, leading to ways to improve the social performance of their global supply chains.
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Shedding light on urban transportation and, more specifically, the contemporary development of “smart” bikesharing systems (i.e. short-term bicycle rental services), the purpose…
Abstract
Purpose
Shedding light on urban transportation and, more specifically, the contemporary development of “smart” bikesharing systems (i.e. short-term bicycle rental services), the purpose of this paper is to focus on Montreal's bikesharing experiment. Known as BIXI (a contraction of the words BIcycle and taXI) since its inception in 2009, this system has been exported to other cities around the world, making it especially relevant for the analysis of this innovative and sustainable form of urban mobility.
Design/methodology/approach
By tracing the policy history of BIXI and the current political debate about its future while using a framework focusing on the role of ideas in public policy, the paper directly contributes to the literature on the growing role of bicycles in sustainable urban transportation. The qualitative analysis is based on a systematic review of government documents and BIXI-related articles published in the Montreal French- and English-language press. To complement this analysis and provide information about behind-the-lesson drawing processes leading to the creation of BIXI, six semi-structured interviews were conducted with officials in charge of bikesharing policy in Montreal, as well as in Boston and London, England, two cities that have adopted (and adapted) the BIXI model.
Findings
This analysis stresses the role of lesson drawing and framing processes in the development of Montreal's bikesharing system. While it is clear that the technological and policy developments of BIXI illustrate systematic and positive lesson drawing, on the framing and public relations side, the Montreal experiment suggests it is politically risky to boost public expectations about the potential costs of bikesharing systems for taxpayers. In addition to their innovative and sustainable contributions to urban transportation and pro-bike strategies, bikesharing systems are public investments that are not necessary free of costs for taxpayers. Framing these systems as public investments rather than a “free ride” for taxpayers would be a more accurate, and potentially effective, way to promote their development in the context of the current push for sustainable transportation policy in cities around the world.
Originality/value
What this paper offers is a sociological perspective on an emerging and important policy issue, through an original combination of lesson drawing and framing perspectives on policy development. Montreal's BIXI is one of the most discussed (and exported) bikesharing systems around the world, and this is the first detailed policy analysis devoted to its genesis and politics.
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Steven Tello, Scott Latham and Valerie Kijewski
This paper aims to examine the degree to which individual technology transfer officers' heuristics and biases, as well as peer technology transfer institutions' practices…
Abstract
Purpose
This paper aims to examine the degree to which individual technology transfer officers' heuristics and biases, as well as peer technology transfer institutions' practices, influence the technology commercialization decision‐making process.
Design/methodology/approach
A qualitative method was used to gather data from technology transfer officers (TTO) regarding how they make commercialization decisions. Responses were examined in the context of rational choice theory and institutional theory in an attempt to discern whether common decision‐making practices are shared among officers from different institutions.
Findings
The subjects shared relatively few common organizational and professional decision‐making practices. The sample was relatively evenly divided by TTO with an individual heuristic bias and those with a rational approach to decision making. Individual heuristics influenced all subjects to varying degrees.
Research limitations/implications
The TTO plays a central role in the technology commercialization process yet the paper found little evidence that professional practice and standards were integrated into decision‐making processes. Further research examining why this is the case, and examining if there is a relationship to outcome success, is warranted.
Practical implications
Managers need to better understand and monitor how decisions are made within individual offices. Technology transfer directors should conduct a process audit to determine the extent decision‐making processes are internally or externally defined, and then implement best practice where appropriate.
Originality/value
Very few studies examine how TTO make commercialization decisions, and fewer examine this phenomenon in the context of both a rational choice and institutional theory framework.