Research has found that stereotypes affect occupational choices, but there has been almost no research on how they specifically affect the choice of becoming an entrepreneur. This…
Abstract
Research has found that stereotypes affect occupational choices, but there has been almost no research on how they specifically affect the choice of becoming an entrepreneur. This study bridges different fields of research by combining theories on entrepreneurial intent, self-esteem, and stereotypes. The author argues that in situations of insufficient information individuals assess prospective careers in commercial and social entrepreneurship by means of stereotypes, and the author is the first to explore the influence of commercial and social entrepreneurial stereotypes on an individual’s intention to start a commercial (for-profit) or social (not for-profit) venture. The author uses the framework outlined by the stereotype content model to disclose the existence of distinct stereotypes for commercial and social entrepreneurs exist and, thereafter, the author analyzes the influences of both entrepreneurial stereotypes on the specific startup intentions. The author test the hypotheses with unique survey data from a sample of German non-entrepreneurs which reveals that commercial entrepreneurs are seen as competent but cold, whereas social entrepreneurs are regarded as warm but incompetent. Using structural equation modeling and multi-group analysis, the data implies that higher levels of perceived warmth and competence of commercial entrepreneurs have a positive indirect effect on commercial startup intentions. No such effect was found for social startup intentions; however, the results indicate that a higher societal status of social entrepreneurs exerts a positive indirect impact on the intention to start a social business. The author discusses the practical implications of our approach and point out avenues for future research.
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Social entrepreneurs who use market mechanisms to solve wicked problems (Rittel & Webber, 1973) may benefit from practices based on design thinking. Design thinking offers…
Abstract
Social entrepreneurs who use market mechanisms to solve wicked problems (Rittel & Webber, 1973) may benefit from practices based on design thinking. Design thinking offers approaches to work iteratively on both problem and solution spaces collaboratively with multiple diverse stakeholders, which is characteristic of innovating for social change. This research conceptualizes designing as a construct formed by three practices: making improvements, generating creative leaps, and problem-solving. Using Boland and Collopy’s (2004) conception of a sense-making manager, it proposes “how” nascent social entrepreneurs take actions and also proposes “what” specific activities they undertake for the development of the venture. A conceptual model proposing “what” it is that social entrepreneurs do and “how” they go about their activities affecting new venture development is tested using structural equation modeling. Preliminary support for the predictive capability of the model is encouraging, suggesting that practices based on design thinking may be further developed in order to advance theoretical understanding of the application of design thinking for social entrepreneurship.
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J.S.A. Bhat, Sushil and P.K. Jain
The objective of this paper is to present a broad‐based tool primarily for the use of practitioners at the senior and middle management levels, to analyze the innovation…
Abstract
Purpose
The objective of this paper is to present a broad‐based tool primarily for the use of practitioners at the senior and middle management levels, to analyze the innovation management processes within their organizations and assess their impact on innovation and firm performance. It is contended that these processes are dichotomous because of the invariable tension between continuity and change‐related aspects to be coped with.
Design/methodology/approach
A single case (Moser Baer India Limited, an Indian firm and one of the world's large manufacturers of optical storage media) illustrating the use of a flowing stream strategy framework is presented. The theory that is the basis of the approach is not expounded at length in the interests of the basic target audience.
Findings
The paper is an attempt to present a structured approach to strategy making. Realizing the hazards of organizational impediments in the implementation of strategy, only an illustrative approach is been indicated, paving the way for further investigation.
Research limitations/implications
The limitations associated with a single case methodology may prevail to some extent. The data are context‐bound; however, no attempt to draw general implications has been made. The purpose is more to present the use of a practical tool rather than to advance theoretical knowledge.
Practical implications
The tool presented may be useful across a range of organizations, with minor adaptations.
Originality/value
The paper is original and adds value in terms of the above.
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The purpose of this paper is to explore a cooperation‐driven stage in the traditional framework of country competitiveness development and also suggest an approach to address…
Abstract
Purpose
The purpose of this paper is to explore a cooperation‐driven stage in the traditional framework of country competitiveness development and also suggest an approach to address pragmatic issues related to cooperation in the context, particularly, competitiveness evaluation and choice of partner country.
Design/methodology/approach
The objectives of the research were achieved by a research design that leveraged quantitative tools with strength of case study research. Quantitative data for benchmarking were obtained from a carefully selected Country Competitiveness Report. For identifying criteria of competitiveness for success of a country (aka critical success factors CSF), content analysis of strategic reports from competitive countries was employed.
Findings
Cooperative strategies and flagship firms emerged to be CSFs that can drive investment needed for innovation and technology development, the later stages in country competitiveness development framework. Evaluation of competitiveness can be quite difficult and resource‐intensive process, but can be improved with innovative mix of different approaches and tools. With quite consistent and effective results in one more international context and a new industry, the assets‐processes‐performance (APP) framework of competitiveness can provide a simple, yet valuable approach with flexibility to adapt across levels and contexts, a vital need.
Practical implications
Competitiveness leaders should review cooperation processes and performance. They should evolve strategies to leverage cooperation on relevant dimensions.
Originality/value
A key contribution of this paper is proposing a vital cooperation‐driven stage for country competitiveness and operationlizing it using three major frameworks of competitiveness in a practical and useful context of nanotechnology, when many countries are evolving their strategies for such industries. An approach is tested to simplify evaluation of competitiveness in a difficult context of emerging industries. It can help leadership take more informed critical decisions about competitiveness and assess their impact for enhancing desired impacts of the decisions. For the purpose, comparing three alternatives, the author extends the APP framework with strategy concept of CSF to enhance its flexibility, thus contributing to needs of effectiveness and simplicity of emerging country context.
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Vesa P. Taatila, Jyrki Suomala, Reijo Siltala and Soili Keskinen
The importance of innovations in business management is a widely accepted hypothesis. Lately the research on innovation has widened to include consideration of the impact of…
Abstract
Purpose
The importance of innovations in business management is a widely accepted hypothesis. Lately the research on innovation has widened to include consideration of the impact of social networks on the innovation. This paper aims to contribute to research on this approach by suggesting a framework for studying the social aspects of economic innovations.
Design/methodology/approach
The paper discusses economic innovation as a product of organizational competencies, highlighting the importance of social network.
Findings
This paper has three goals: we clarify the concept of economic innovation, we present the essential questions for studying the economic innovation process, and we present a proposal for an empirical approach and address problems in collecting data about economic innovations.
Originality/value
The paper opens a new, socio‐psychological approach to studying the innovation processes. It proposes a holistic approach to the phenomenon by combining these with the material aspects of an organization. The paper provides a scientific framework for a new research program.
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The purpose of this paper is to review the latest management development across the globe and pinpoint practical implications from cutting‐edge research and case studies.
Abstract
Purpose
The purpose of this paper is to review the latest management development 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
Managing innovation to optimize performance requires the company to balance both continuity and change, so how do you solve this paradox? This single case study attempts to capture innovative management‐related processes and to analyze how they impact performance. It explores Indian firm Moser Baer Industries Limited (MBIL), one of the world's largest manufacturers of optical storage media, to illustrate the application of an innovation management framework. Following this process, a set of strategy suggestions destined to enhance the firm's capabilities is put forward.
Practical implications
The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations.
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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Shishir Shrotriya, Sanjay Dhir and Sushil
The purpose of this paper is to investigate and analyze the challenges of quality skill development in complex and large economies like India and develop innovative processes of…
Abstract
Purpose
The purpose of this paper is to investigate and analyze the challenges of quality skill development in complex and large economies like India and develop innovative processes of improving employability.
Design/methodology/approach
The problem areas and gaps have been identified through literature survey and published reports by governmental agencies on employability and quality skill development in India. The research focuses on prevalent challenges for large-scale skill development and utilizes TRIZ (Russian acronym for “Theory of Inventive Problem Solving”) for finding innovative solutions to the grand challenge of employability.
Findings
The applied research methodology in the paper leads to a model for the “Innovation driven ecosystem for quality skill development” and also defines the role and responsibilities of each stakeholders in the ecosystem.
Research limitations/implications
Solutions derived through TRIZ are qualitative in nature. The actual implication of solution needs to be tested after implementation. Further, intangible costs incurred, and harmful and useful effects cannot be easily quantified.
Practical implications
The parameter mapping for the TRIZ matrix was undertaken in this paper and this methodology when applied to other problem statements renders an organized process for improving total quality and innovative process management. The inventive principles were applied to find solution to contradictions and arrive at an integrated ecosystem which binds all stakeholders efficiently, to generate higher employability. The innovative solutions derived through the process are applicable to policy makers, researchers and practitioners.
Social implications
The process of improving employability through quality skill development, benchmarked by the TRIZ methodology can have far reaching social implications.
Originality/value
The research extends the body of knowledge of TRIZ modeling concepts in areas other than engineering, and depicts a unique total quality methodology which can be easily applied for other problem-solving contexts. The contribution can serve as a reference technique/tool for improving reliability and quality through a methodical process of working out innovative solutions to solve operational problems.
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Abstract
Purpose
Calculating the exact top event probability of fault trees is an important analysis in quantitative risk assessments. However, it is a difficult problem for the trees with complex structure. Therefore, the paper aims to provide an efficient calculation method to obtain an exact top event probability of a fault tree with many repeated events when the minimal cut sets of the tree model are given.
Design/methodology/approach
The method is based on the inclusion‐exclusion method. Generally, the inclusion‐exclusion method tends to get into computational difficulties for a large‐scale fault tree. The computation time has been reduced by enumerating only non‐canceling terms.
Findings
The method enables the calculation of the probability more quickly than the conventional method. The effect increases as the number of repeated events increases, namely the tree structure becomes complex. This method also can be applied to obtain the lower and upper bounds of the top event probability easily.
Originality/value
The paper expresses the top event probability by using only non‐canceling terms. This is the first application in fault tree analysis.
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Nida, Ashish Chandra and Ruchi Shukla
The objectives of this study are as follows: RO1: to determine the key enablers that encourage the adoption of sustainable practices; RO2: to create a structural relationship…
Abstract
Purpose
The objectives of this study are as follows: RO1: to determine the key enablers that encourage the adoption of sustainable practices; RO2: to create a structural relationship model between the enablers that have been discovered and RO3: to use dependence and driving power to classify and analyse these factors.
Design/methodology/approach
In total, 11 variables were extracted through systematic literature review and experts opinion, and a group interview with more than 15 experts who have an experience of more than 10 years in academics was conducted. Generally odd in numbers, they presented each pair of variables and took their opinion. Using “Interpretative Structural Modelling” and “Cross-Impact Multiplication Applied to Classification” (ISM MICMAC) analysis, a model describing the structural relationship between these factors has been formulated to know the conceptual framework.
Findings
The study shows that the digital payment and waste treatment as the linkage or mediating variables. Top management commitment (TMC), regulatory framework and transparency are the drivers or independent variables. Green logistics, sustainable packaging and production are the dependent variables. Further, the resulting hierarchy and contextual linkages among variables shed light on key dimensions for decision-making. Green logistics, sustainable packaging and production are interconnected, playing a significant role, in the framework and influenced by the lower level variables. Transparency should be given due consideration to ensure sustainable competitive advantage.
Research limitations/implications
(1) Owing to a lack of time and resources, the researchers have been able to explore only limited variables; more factors or enablers can be taken in future for further research. (2) Money constraint is also there. (3) One major limitation is that this research includes opinion from different experts which are dynamic in nature and keep on changing from time to time. (4) Primary research can also be done with the help of different software like partial least squares and structural equation modelling (PLS-SEM), covariance-based structural equation modelling (CB-SEM) and Statistical Package for the Social Sciences (SPSS) by taking same variables or merging new variables with the given variables of this paper. (5) With the help of this paper, the author tried to give an overview of some important enablers which are helpful in sustainability. Given a time in future, more research can be done by taking different sectors or a specific sector.
Practical implications
Findings are helpful for policymakers about effective strategies for promoting sustainability. They provide evidence-based insights into the potential impact of policy interventions and help shape the development of environmental regulations and initiatives. Sustainability is a global issue. Thus, this research paper contributes to international discussions and collaborations on environmental conservation and sustainable development goals (SDGs). They may influence diplomatic efforts to address transnational environmental challenges. Companies can use research findings to improve their sustainability practices and develop environmentally friendly products and services. Understanding sustainability enablers can help businesses reduce their ecological footprint while remaining economically viable. Research on sustainability enablers often involves exploring new technologies and innovations. Practical implications include the development and adoption of renewable energy sources, waste reduction techniques and sustainable agricultural practices. Sustainable communities rely on a range of enablers, from renewable energy infrastructure to local governance structures. Research informs community development efforts by identifying best practices and effective strategies for building resilient, environmentally friendly neighbourhood.
Social implications
This research paper contributes to raising awareness about sustainability issues among the public. It also provides insights into the importance of sustainable practices and their impacts on society. Sustainability enablers can influence individual and collective behaviour, and they may encourage people to adopt more sustainable lifestyles and consumption habits. Sustainability research often addresses issues of equity and social justice. Understanding the enablers of sustainability can help identify strategies to ensure that sustainable practices benefit all segments of society, including marginalized communities.
Originality/value
This research paper endeavour to identify key sustainability development enablers (SDEs) by consolidating numerous factors within a single study. While several research papers have explored various sustainability enablers separately, no previous study has delved into their interactions. Furthermore, there is a dearth of research on classifying enablers based on the fuzzy MICMAC analysis. The ISM-based model presented here serves as a valuable resource for both practitioners and academics, aiding in their comprehension of the framework of relationships.
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M. Xie, K.C. Tan, K.H. Goh and X.R. Huang
Fault tree analysis (FTA) is a technique widely used in the study of the reliability of industrial systems and to quantify risks associated with potentially hazardous systems…
Abstract
Fault tree analysis (FTA) is a technique widely used in the study of the reliability of industrial systems and to quantify risks associated with potentially hazardous systems. Most of the studies carried out are related to how to construct a fault tree and how to carry out qualitative and quantitative analysis. However, this paper studies an approach for prioritisation and optimum resource allocation by making use of the FTA technique. The basic idea is to develop a simple procedure for the ranking of basic elements in the complex system, so that maximum increase in reliability can be achieved. We compare our approach with the existing basic event importance measures, and show that the simple approach is easy to apply and provides ranking that is similar to other more complicated approaches. In addition, the new ranking approach can be used at the initial stages of fault tree construction as it does not require the whole fault tree to be completely developed.