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Article
Publication date: 6 June 2024

Mehmet Sinan Goktan and Erdem Ucar

The purpose of this study is to investigate how proximity to metropolitan areas and local creative talent impact a company’s access to venture capital (VC). We analyze the…

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Abstract

Purpose

The purpose of this study is to investigate how proximity to metropolitan areas and local creative talent impact a company’s access to venture capital (VC). We analyze the interplay between these factors and test our hypotheses using USA county data.

Design/methodology/approach

This empirical study uses multivariate regression analyses to analyze VC investment distribution across the USA at the county level between the years 1990–2011.

Findings

Our findings suggest that an increase in the local creative workforce correlates with higher levels of VC funding, regardless of metro location, but has a more significant impact in metro areas, indicating the complementary nature of these factors. Furthermore, the tech industry benefits more from the local creative workforce and is less sensitive to geographic location. Our results suggest that non-metro locations with a rich local creative culture can be as effective in attracting VC as metro locations with a mediocre local creative culture. This study contributes to our understanding of the optimal geographic location for companies seeking VC.

Research limitations/implications

One of the limitations of our research is the research timeline. Since “creative class” was not measured by the U.S. Department of Agriculture (USDA) after 2011, we cannot analyze the recent effects of creative class on VC. However, given the fact that technology-related industries increasingly dominated the VC industry in recent years, our results on tech-related industries can shed light on the future expectations of the creative class in the VC industry moving forward.

Practical implications

Some companies might find it advantageous to locate outside metro areas where the creative workforce is more abundant and accessible. Our results support this trend by demonstrating that companies must consider the tradeoff between these two factors and recognize that locating in metro areas may not always be the optimal choice for every company. A tradeoff may exist between location and the cost of accessing creative talent.

Social implications

Our results suggest that non-metro locations with a rich local creative culture can be as effective in attracting VC as metro locations with a mediocre local creative culture.

Originality/value

The existing literature emphasizes the importance of studying various factors that can help distribute VC and entrepreneurial activities across the country instead of just being concentrated in specific areas like metro regions. Although previous studies have examined broader institutional and country-level factors, local creative culture has not been considered in the context of its impact on the geographical distribution of VC. Our research highlights creative culture as a new local factor that affects VC distribution among USA counties.

Details

Managerial Finance, vol. 50 no. 9
Type: Research Article
ISSN: 0307-4358

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Article
Publication date: 15 July 2019

Kris M.Y. Law and K.B. Chuah

Since the late 1980s, the concepts of organizational learning (OL) and learning organization (LO) has prospered and been advocated as an effective strategy for organizational…

216

Abstract

Purpose

Since the late 1980s, the concepts of organizational learning (OL) and learning organization (LO) has prospered and been advocated as an effective strategy for organizational excellence. However, there was a lack of systematic documentation or cases reported proving the sustaining effect of OL. The purpose of this paper is to present a successful 15-year OL case in China, with which to prove PAL is a sustainable vehicle for OL.

Design/methodology/approach

This study documents a 15-year successful journey of a project-based action learning (PAL) driven OL setting in a multinational high-tech manufacturing company in China. The case study has been focusing on the progress of the four pillars in the PAL framework (i.e. policy and strategy; learning facilitation; resources and technology; and performance management) throughout the 15-year journey. Besides secondary data collection, on-site interviews with participants and the management of the company were carried out.

Findings

From this longitudinal case study, it can be seen that the four pillars form a very robust infrastructure supporting PAL for driving OL within the company. Each pillar is indispensable and evolves according to the needs of the others. Both management and learning team members perceived that PAL is an effective tool to drive OL within the case company.

Originality/value

This paper presents a unique15-year longitudinal examination of a successful OL story in a high-tech company in China, through the adoption of the PAL driven framework and the evolutionary road of the associated parts. While successful, this paper is considered as a “stage” summary of the long range road of OL adoption, with PAL proven to be a sustainable OL vehicle.

Details

International Journal of Organizational Analysis, vol. 27 no. 5
Type: Research Article
ISSN: 1934-8835

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Article
Publication date: 1 August 2024

Burcu Özgül and Erdem Çelenk

In this study, a conceptual model was developed and analyzed to test the mediating role of positive psychological capital (PPC) in the impact of organizational support perceived…

89

Abstract

Purpose

In this study, a conceptual model was developed and analyzed to test the mediating role of positive psychological capital (PPC) in the impact of organizational support perceived by employees who continue their professional lives in the port sector, which is an important sub-branch of the maritime sector, on employee performance (EP).

Design/methodology/approach

The data for the analysis of the model in question were collected through a survey method from employees in the work site and units of 14 port enterprises in the Eastern Mediterranean region of Türkiye. A total of 406 usable data were analyzed with the SmartPLS 4 analysis program.

Findings

The analysis did not confirm the significant positive effect of perceived organizational support (POS) on EP. On the other hand, the analysis found that POS had a significant positive impact on PPC. Likewise, the significant positive effect of PPC on EP was confirmed. The analysis also concluded that PPC was the full mediator variable in the impact of POS on EP.

Practical implications

This study helps managers find out how they can improve employees' EP with qualified POS and PPC.

Originality/value

The current study reveals the role of PPC in the mechanism underlying the controversial relationship between POS and EP and, thus, contributes significantly to both literature and practice.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

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Article
Publication date: 18 May 2020

Kelly Carter

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

204

Abstract

Purpose

Much evidence exists that rational investors factor rational information into their valuation of shares. This paper aims to examine whether sentimental investors do the same.

Design/methodology/approach

To investigate this issue, the author measures sentimental investors’ reaction to the surprise player transactions of the Boston Celtics, which traded on the New York Stock Exchange for 18 years. The team’s shares were bought mainly as souvenirs by sports fans, whose largely unwavering support makes them perhaps the least likely investors to be influenced by rational information. Thus, if the team’s share price changes because of the arrival of rational information, evidence that sentimental traders price rational information into their valuation of a stock will exist.

Findings

An acquired player’s salary, education and firm-specific experience with the Boston Celtics cause higher returns. This result provides evidence that sentimental traders factor rational information into their valuations of shares. On a broader scale, the findings underscore the importance of rational information to the valuation process, as even sentimental investors price rational information into a stock that is held for sentimental reasons. Moreover, the results are consistent with the nudge theory, in that the arrival of rational information encourages (i.e. nudges) sentimental investors to price the rational information as a rational investor world.

Originality/value

This study is the first to show that sentimental traders also factor rational information into the valuation process – an idea that was likely assumed prior to this study, but was never substantiated.

Details

Managerial Finance, vol. 46 no. 9
Type: Research Article
ISSN: 0307-4358

Keywords

Available. Open Access. Open Access
Article
Publication date: 27 September 2024

Merve Uçar, Emel Güler and Serpil Koçdar

This study aims to investigate the levels of the sense of community among students enrolled in online student communities at Anadolu University Open Education System (OES), as…

178

Abstract

Purpose

This study aims to investigate the levels of the sense of community among students enrolled in online student communities at Anadolu University Open Education System (OES), as well as their motivations for joining these communities and their expectations.

Design/methodology/approach

An explanatory sequential design incorporating mixed research methods was employed as the research framework for this study. Quantitative data were collected from 1,065 students enrolled in online student communities during the 2021–2022 academic year, while qualitative data were obtained from 14 students after the survey using an extreme case sampling method. The quantitative data were analyzed using descriptive statistics, independent samples t-tests, one-way analysis of variance tests, correlation analysis and regression analysis. The qualitative data were analyzed using content analysis.

Findings

The study results indicate that students enrolled in online student communities generally have higher levels of a sense of community. These levels did not significantly differ based on gender, employment status, entry type to the university, program studied or membership status in more than one community. However, significant differences were observed in terms of age, time spent in communities and meeting attendance. Additionally, students' perceptions of social presence had a significant effect on their sense of community.

Originality/value

This study is the first to investigate the sense of community in online student communities at Anadolu University's OES.

Details

Asian Association of Open Universities Journal, vol. 19 no. 3
Type: Research Article
ISSN: 1858-3431

Keywords

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Book part
Publication date: 20 April 2023

Didem Saygın

International crises are events that develop suddenly in different areas around the world. These crises have different effects on countries. The European Union (EU), a…

Abstract

International crises are events that develop suddenly in different areas around the world. These crises have different effects on countries. The European Union (EU), a supranational organization, was established in 1951 with the Paris Agreement and remains a gradually evolving structure to this day. In this process, the EU has a growing structure with both enlargement and deepening movements. As it advances its deepening, it also completes its institutional development within its own structure. In the almost 71 years of its existence, the EU has also been confronted with various global crises, which it has survived during this long period. These crises can sometimes be in security, sometimes in the area of economics, and sometimes in the form of a global epidemic such as the recent COVID-19 pandemic.

The COVID-19 pandemic was first identified in China in December 2019 and quickly spread around the world. This pandemic, which is transmitted through human contact and respiration, quickly spread around the world and became a deadly virus. This situation caused panic in the world and forced countries to take various measures and methods to protect themselves from epidemics. Countries that made a serious test were faced with a deadly epidemic after a long time. At this point, the attitude of the EU, which has 27 member countries, is the main subject of this study. The study mainly aims to present the attitude of the EU toward different types of crises by briefly mentioning the global crises that the EU faced. Then, the strategies created by the EU, which faced a global epidemic for the first time, are examined.

Details

The European Union in the Twenty-First Century
Type: Book
ISBN: 978-1-80382-537-3

Keywords

Available. Content available
Book part
Publication date: 9 September 2024

Muhammad Hassan Raza

Free Access. Free Access

Abstract

Details

The Multilevel Community Engagement Model
Type: Book
ISBN: 978-1-83797-698-0

Available. Open Access. Open Access
Article
Publication date: 22 August 2024

Thi Hong Vinh Cao, Dae Seok Chai, Linh Phuong Nguyen, Hanh Thi Hien Nguyen, Caleb Seung-hyun Han and Shinhee Park

This study aimed to examine the impact of learning organization (LO) on job satisfaction and individual performance in Vietnamese enterprises. The study further explores the…

2328

Abstract

Purpose

This study aimed to examine the impact of learning organization (LO) on job satisfaction and individual performance in Vietnamese enterprises. The study further explores the mediating effect of job satisfaction on the relationship between learning organization and employee performance.

Design/methodology/approach

Data were collected from 653 employees from various types of organizations in Vietnam. Structural equation modeling was implemented to test the hypotheses.

Findings

The results revealed that the proposed research model was supported. Results indicated that LOs positively influenced employees’ job satisfaction and the broader range of their individual performance. In addition, employees’ job satisfaction motivated them to achieve higher performance levels. The study also found a mediating effect of job satisfaction on the relationship between LO and employee performance. The results underscore the importance of implementing an LO culture for individual outcomes such as job satisfaction and employee performance in the Vietnamese cultural context, which is based on socialism and Confucianism.

Originality/value

To the best of the authors’ knowledge, this is the first study to examine the relationships among LO, job satisfaction and individual employee performance in the Vietnamese context. The results offer a deeper understanding of the LO concept in the Vietnamese cultural context and highlight the cultural impact on the LO concept and its effects. The results suggest how the LO concept is applied in the Vietnamese context.

Details

The Learning Organization, vol. 32 no. 7
Type: Research Article
ISSN: 0969-6474

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Article
Publication date: 18 May 2021

Katia Elizabeth Puente-Palacios and Raquel Trinchão de Jesus Barouh

The purpose of this paper is two-fold: first, to demonstrate that learning occurs as a collective process in addition to traditional individual learning and second, to identify…

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Abstract

Purpose

The purpose of this paper is two-fold: first, to demonstrate that learning occurs as a collective process in addition to traditional individual learning and second, to identify its antecedents and consequences at the team level.

Design/methodology/approach

Data were gathered using questionnaires answered by 356 participants organized in 90 teams. Quantitative analytic strategies were applied to verify if individual answers of team members were similar enough to compound team scores and to measure the predictive power of the proposed model.

Findings

Results showed that team learning is a collective phenomenon: intra-team differences were small and differences between teams were significant. Additional results demonstrated that team learning is predicted by team potency (34%) and, at the group level, explains 5% of the team’s satisfaction.

Practical implications

The findings of the present research suggest that organizational managers can improve the results of teams by supporting the development of social processes such as potency and learning.

Originality/value

Learning in organizations has received close attention in recent years. However, publications are focusing mostly on the individual learning that occurs in teams and organizations. The main contribution of this paper is to demonstrate what characterizes team learning as a collective process and which relations it maintains with other team processes.

Details

Journal of Workplace Learning, vol. 33 no. 7
Type: Research Article
ISSN: 1366-5626

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Article
Publication date: 12 January 2015

Jason Flores and Arturo Z. Vasquez-Parraga

This study’s aim is to investigate whether offering a co-production opportunity as a choice or as the only means of service rendering influences customer value creation and…

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Abstract

Purpose

This study’s aim is to investigate whether offering a co-production opportunity as a choice or as the only means of service rendering influences customer value creation and satisfaction. This research incorporates two empirically supported sources of co-created value, relational and economic, and it investigates a new dimension of co-created value, individual value. The study focus supports the need for more empirically based guidance for the management and design of co-creation processes.

Design/methodology/approach

A 2 × 2 between-subjects experimental design was utilized to test the choice/no-choice condition. Data were collected through a survey of 214 respondents who were selected on the basis of their familiarity with the context of the experimental scenarios.

Findings

The results show that co-production as an option for service rendering has a stronger positive impact on value creation than does the context when co-production is necessary. Choice was found to positively influence relational and economic value. Value creation was found to mediate the choice and satisfaction relationship. Individual value had the strongest relative impact on satisfaction but was not significantly related to choice.

Practical implications

Designers and managers of co-production-enabling processes can enhance customer and organizational outcomes simply by offering customers a choice when considering whether or not to engage in co-production.

Originality/value

This originality of this study lies in the supporting evidence found for the influence of choice on value creation and the empirical corroboration for individual value creation as a source of co-created value. The on-line context of this study in this context is also novel.

Details

Journal of Consumer Marketing, vol. 32 no. 1
Type: Research Article
ISSN: 0736-3761

Keywords

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