This purpose of this paper is to introduce and analyze the concept of place-based business models, by which entrepreneurs use highly context-specific strategies and linkages to a…
Abstract
Purpose
This purpose of this paper is to introduce and analyze the concept of place-based business models, by which entrepreneurs use highly context-specific strategies and linkages to a “sense of place” as sources of value creation. To illustrate how place-based business models create unique value, case studies are reviewed from three sectors in Italy: Slow Food (Coop Italia and Eataly), agritourism (Spannocchia) and the albergo diffuso (Sextantio).
Design/methodology/approach
This is a conceptual paper with case studies from qualitative data and external sources.
Findings
The case studies demonstrate the value-creating potential of opportunities for the implementation of place-based business models. In contrast with conventional harm reduction perspectives, these models show how organizational contributions to local and regional resilience may also directly generate competitive advantage. The cases also illustrate challenges such as scaling up while maintaining authenticity, and coping with the public goods-nature of place-based resources.
Originality/value
Conventional management theory and practice treat environmental context as a distraction from which the technical core of the organization must be protected. Place-based business models diverge from convention by using tight coupling with local context to create value, enhance local economic resilience and contribute to a “sense of place”.
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Dante Di Gregorio, Martina Claasen Musteen and Douglas Thomas
Understanding how international business opportunities (IBOs) are recognized and developed is critical to the study of international entrepreneurship.
Abstract
Purpose
Understanding how international business opportunities (IBOs) are recognized and developed is critical to the study of international entrepreneurship.
Design/methodology/approach
We draw on entrepreneurial cognition research broadly and the entrepreneurial judgment perspective specifically to develop a model of the recognition and development of IBOs by considering three theoretically important sets of drivers – social networks, international experience and a proactive mindset. We use a sample of 92 small- and medium-sized enterprises (SMEs) to test the model empirically.
Findings
We find robust support. Entrepreneurial judgment surrounding IBOs and uncertain international business environments entails tapping social networks, international experience and a proactive mindset to both recognize third-person opportunities for someone as well as to act upon and develop IBOs as first-person opportunities from which a focal firm can profit.
Originality/value
Conceptually and empirically, we peer inside the black box of IBO entrepreneurial judgment processes by jointly evaluating the abstract recognition of third-person opportunities as well as the concrete actions and interactions that develop the IBOs into first-person opportunities.
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This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Abstract
Purpose
This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.
Design/methodology/approach
This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.
Findings
Firms can prosper in foreign markets through recognition and development of business opportunities. Relevant social ties, past international experience and firm age are factors with considerable scope to determine the success of such ventures.
Originality/value
The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.
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Rod B. McNaughton and Brendan Gray
The purpose of this paper is to introduce the special issue on links between entrepreneurship and resilience.
Abstract
Purpose
The purpose of this paper is to introduce the special issue on links between entrepreneurship and resilience.
Design/methodology/approach
The authors discuss some key themes in this emerging area of research and reflect on how the papers in the issue contribute to debates in the literature on resilience.
Findings
While the papers in the special issue make important contributions, there is still scope for more research.
Originality/value
This is one of the first issues of a journal devoted to investigating this topic.
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Giuseppe Galassi and Richard Mattessich
The paper offers a survey of major Italian accounting scholars and their work for the period from 1900 to 1950. Apart from the late works of Rossi and Besta, the main focus is on…
Abstract
The paper offers a survey of major Italian accounting scholars and their work for the period from 1900 to 1950. Apart from the late works of Rossi and Besta, the main focus is on the contributions by Zappa, who undoubtedly dominated the scene. In this period, as well as later, most Italian accountants and “aziendalisti” adopted the so‐called “income system”. Although its premises originated with Fabio Besta, master of the so‐called “patrimonial or proprietorship system”, the Italian School under Zappa gave this system a new theoretical basis that differed fundamentally from that of Besta. Zappa also developed the dynamic aspect of accounting and business economics that still prevails in Italy. The paper also devotes attention to other Italian scholars, less well‐known abroad. In the area of cost accounting it concentrates on the views of De Minico and his disciple Amodeo, but also mentions other contributors. The final Section deals with Italian contributions to accounting history during this period
Maria I. Simeon, Piera Buonincontri, Fernando Cinquegrani and Assunta Martone
This paper aims to analyse online reviews to explore the experiences of tourists related to cultural attractions. Furthermore, the study identifies similarities and differences…
Abstract
Purpose
This paper aims to analyse online reviews to explore the experiences of tourists related to cultural attractions. Furthermore, the study identifies similarities and differences between cultural attractions and identifies tourists’ preferences.
Design/methodology/approach
Content analysis and principal component analysis are applied to 12.592 online reviews, in Italian, posted on TripAdvisor by tourists who visited 58 cultural attractions of Naples (Italy) between 2011 and 2014.
Findings
Findings reveal five critical components of tourists’ experience related to cultural attractions: wonder, authenticity, relaxation, discovery and knowledge. Findings show that tourists can interpret cultural attractions in different ways.
Research limitations/implications
This study makes advancements on the relationships between tourists’ experience and cultural attractions. Research limitations are related to the geographical context and to the database, which presents a strong standardisation of evaluations, almost never negative. Furthermore, the analysis is limited to online reviews written in Italian language. Future studies will be dedicated to explore reviews in other languages and on other cultural destinations.
Practical implications
The study draws managerial implications at local and general level. Locally, findings provide suggestions and practical implications to support the tourism policies and marketing of Naples. At general level, the paper provides implications for destination manager organisations and policy makers to strengthen the attractiveness of cultural attractions, develop destination marketing strategies and offer more satisfying cultural experiences.
Originality/value
This is one of the first studies that uses online reviews to explore the experiences of tourists who visit cultural attractions.