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1 – 10 of 24Joana M. Gonçalves, Fernando A.F. Ferreira, João J.M. Ferreira and Luís M.C. Farinha
Small- and medium-sized enterprises (SMEs) have become increasingly important in national and international markets because they contribute to the development of local and…
Abstract
Purpose
Small- and medium-sized enterprises (SMEs) have become increasingly important in national and international markets because they contribute to the development of local and national economies. SMEs often face serious challenges when competing with multinational companies. The purpose of this paper is to develop a method for assessing SMEs’ competitiveness.
Design/methodology/approach
Based on a constructivist epistemology, this study makes an integrated use of cognitive mapping and the measuring attractiveness by a categorical-based evaluation technique (MACBETH). To this end, face-to-face sessions were conducted with a panel of entrepreneurs and senior managers who deal with the challenges of maintaining SME competitiveness every day. The proposed assessment system was tested and validated by the panel members.
Findings
The methodological processes adopted in this study provide promising results for decision makers seeking to identify the most competitive SMEs. Specifically, the results emphasize, among other points, the importance of innovation and the human dimension to gaining competitive advantages.
Research limitations/implications
The evaluation system developed in this study is extremely versatile and confirms the usefulness of integrating cognitive mapping and MACBETH to facilitate evaluations of SME competitiveness. However, due to its idiosyncratic and process-oriented nature, generalizations need to be done with caution.
Practical implications
The proposed method can be valuable to researchers seeking to develop mechanisms for evaluating SMEs’ entrepreneurial performance and include specialized know-how and sensemaking in organizational decision-making processes.
Originality/value
The integrated use of cognitive maps and MACBETH contributes to a better understanding of how to assess SMEs’ competitiveness. No prior work reporting the use of this dual methodology in this study context has been found.
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João Lopes, Sergio Jesus Teixeira, João J.M. Ferreira, Paulo Silveira, Luís Farinha and João Lussuamo
The purpose of this paper is to involve the differences in the entrepreneurial intentions of student at higher education institutions (HEIs) in the Portuguese regions (mainland…
Abstract
Purpose
The purpose of this paper is to involve the differences in the entrepreneurial intentions of student at higher education institutions (HEIs) in the Portuguese regions (mainland and insular).
Design/methodology/approach
Applying a sample of 594 valid responses, the authors analyzed the data according to linear regression models.
Findings
The results convey how HEI students generally do not intend to become entrepreneurs in both the mainland and the insular regions. Although HEI students broadly do not aim to launch their own businesses, the results show that students in mainland regions feel they have the skills to start a business and drive it to success. In insular regions, students feel encouraged by their friends and family to set up their own business. When comparing insular and mainland regions, the results demonstrate how in insular regions, there is a greater probability that HEI students become entrepreneurs than in the mainland regions. Furthermore, entrepreneurial intentions in the mainland regions develop in terms of “opportunities” while driven by necessity in the insular regions.
Practical implications
This furthermore makes recommendations to regional governments and to HEIs in order to enable better encouragement of entrepreneurship in academia.
Originality/value
This study is original and innovative due to its comparison of the entrepreneurial intentions prevailing in mainland and insular regions and may propose new highlights to the academic scientific literature.
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Luis Farinha, Sara Nunes, João J. Ferreira and António Fernandes
This paper focuses on the issue of global competitive advantage of nations, based on the dimensions analyzed by the World Economic Forum in assessing the economic competitiveness…
Abstract
Purpose
This paper focuses on the issue of global competitive advantage of nations, based on the dimensions analyzed by the World Economic Forum in assessing the economic competitiveness of a large sample of countries. From the different stages of development of the countries, this study aims to help us to recognize what variables better explain the global competitive advantage of economies.
Design/methodology/approach
Following quantitative analysis, results based on PLS show what dimensions within each economic development stage best explain the global competitive advantage of economies.
Findings
Beyond the institutions, infrastructure and regulation of the markets, higher education and training, the technological readiness, the business sophistication and innovation contribute greatly to explain the competitive advantage of economies.
Originality/value
Understanding the drivers of global competitive advantage of nations, this study may help academics to conduct new studies, as well as politicians to define intervention priorities.
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Luis Farinha, João J.M. Ferreira and Sara Nunes
The purpose of this paper is to study the linkage of innovation and entrepreneurship to economic growth in countries with different levels of development.
Abstract
Purpose
The purpose of this paper is to study the linkage of innovation and entrepreneurship to economic growth in countries with different levels of development.
Design/methodology/approach
Following quantitative analysis, the authors carry out three empirical approaches to examine the effects of innovation and entrepreneurship on competitiveness. In accordance with their initial study framework, they test the conceptual model of competitiveness through applying descriptive statistics, structural equation modelling (SEM) and hierarchical cluster analysis. Descriptive statistics and SEM data sources from the Global Competitiveness Report of the World Economic Forum were analysed for 148 countries. The hierarchical cluster analysis furthermore analysed Global Entrepreneurship Monitor data on 67 different countries.
Findings
The study confirmed that innovation and sophistication factors are crucial to the competitiveness of economies. The study also revealed the definition of five clusters relative to the competitive performance of advanced economies following the introduction of new entrepreneurship variables.
Originality/value
This research aims to open up avenues for the development of regional competitiveness studies.
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Rui Martins, Luis Farinha and João J. Ferreira
This study aims to obtain insights based on empirical evidence that identify the key drivers and obstacles that lead companies to (re)/enter markets and distinguish the different…
Abstract
Purpose
This study aims to obtain insights based on empirical evidence that identify the key drivers and obstacles that lead companies to (re)/enter markets and distinguish the different paths SMEs take. This also provides deeper insights into internationalisation, success, failure and the potential for the re-internationalisation of the SMEs.
Design/methodology/approach
The authors used a qualitative research methodology based on six case studies and with recourse to semi-structured interviews with the senior managers of exporting SMEs.
Findings
The results report that SMEs with major investments deployed in their internationalisation processes, through recourse to high levels of bank financing, in association with the COVID-19 pandemic period, were not able to successfully overcome the process of internationalisation and culminating in their own bankruptcies.
Originality/value
This study shows how, despite such failures, the attractiveness and reputation of the brand, supported by the strategic vision and perseverance of new investors (entrepreneurs), enabled the rebirth of the brands and opening the door to their re-entering international markets.
Meta
Este estudio pretende obtener perspectivas basadas en pruebas empíricas que identifiquen los motores y obstáculos clave que llevan a las empresas a (re)/entrar en los mercados y distinguir los distintos caminos que siguen las PYME. Asimismo, se profundiza en la internacionalización, el éxito, el fracaso y el potencial de reinternacionalización de las PYME.
Diseño/metodología/enfoque
Los autores utilizaron una metodología de investigación cualitativa basada en seis estudios de casos y con recurso a entrevistas semiestructuradas con altos directivos de PYME exportadoras.
Conclusiones
Los resultados informan de que PYMEs con grandes inversiones desplegadas en sus procesos de internacionalización, a través del recurso a altos niveles de financiación bancaria, en asociación con el periodo de pandemia COVID-19, no fueron capaces de superar con éxito el proceso de internacionalización y culminaron en sus propias quiebras.
Originalidad/Valor
Este estudio muestra cómo, a pesar de tales fracasos, el atractivo y la reputación de la marca, apoyados por la visión estratégica y la perseverancia de los nuevos inversores (empresarios), permitieron el renacimiento de las marcas y abrieron la puerta a su reentrada en los mercados internacionales.
Objetivo
Este estudo procura obter insights com base em evidências empíricas que identifiquem os principais drivers e obstáculos que levam as empresas a (re)/entrar nos mercados e distinguir os diferentes caminhos percorridos pelas PME . Isso também fornece insights mais profundos sobre internacionalização, sucesso, fracasso e o potencial para a re-internacionalização das PMEs.
Design/metodologia/abordagem
Os autores utilizaram uma metodologia de investigação qualitativa baseada em seis estudos de caso e com recurso a entrevistas semiestruturadas a quadros superiores de PME exportadoras.
Resultados
Os resultados dão conta de que as PME com grandes investimentos efetuados nos seus processos de internacionalização, através do recurso a elevados níveis de financiamento bancário, em associação com o período de pandemia COVID-19, não conseguiram ultrapassar com sucesso o processo de internacionalização e culminando na sua própria falências.
Originalidade/Valor
Este estudo mostra como, apesar de tais falhas, a atratividade e a reputação da marca, apoiadas na visão estratégica e na perseverança de novos investidores (empreendedores), permitiram o renascimento das marcas e abriram as portas à sua reentrada nos mercados internacionais.
Details
Keywords
- Brand rebirth
- Case study
- Internationalisation
- Internationalisation strategy
- Re-internationalisation
- SME internationalisation
- Renacimiento de la marca
- Estudio de caso
- Internacionalización
- Estrategia de internacionalización
- Reinternacionalización
- Internacionalización de las PYME
- Renascimento da marca
- Estudo de caso
- Internacionalização
- Estratégia de internacionalização
- Re-internacionalização
- Internacionalização de PME
Carlos Sampaio, Luís Farinha, João Renato Sebastião and António Fernandes
The COVID-19 pandemic caused unprecedented global turmoil and a halt on international tourism. This study aims to evaluate the scientific literature about tourism crisis and…
Abstract
Purpose
The COVID-19 pandemic caused unprecedented global turmoil and a halt on international tourism. This study aims to evaluate the scientific literature about tourism crisis and disasters and depicts how this research stream evolved in the face of economic, security, health, environmental or trust crises, further providing insights about a research agenda on this stream.
Design/methodology/approach
This study uses bibliometric methods and topic models, specifically latent Dirichlet allocation (LDA) methods to evaluate the nature and course of the tourism crises and disasters scientific literature. Data from 2,810 documents were retrieved from the Web of Science database and were used to perform the analysis.
Findings
The results show an increase of tourism crises and disasters scientific literature departing from 2010, and a surge in 2020 and 2021 due to the COVID-19 pandemic. Furthermore, themes such as tourism competitiveness, tourism demand, crisis management, perceived risk, natural disasters and destination recovery are among the most relevant themes in the research line, showing that the effect of economic and financial crises on tourism industry, sustainable tourism and tourism demand are set to be among the most relevant in the upcoming years.
Research limitations/implications
This study fills a void in the tourism literature by providing a roadmap to understand the past, present and future of the tourism crises and disasters research line and the avenues for future research in this field, including methods, in the period post-COVID-19.
Originality/value
Previous studies on tourism crises and disasters were focused on literature review and on the relationship between crises and disasters and the tourism industry. This study uses a set of methods unused before in the research stream, namely, a combination of bibliometric methods and LDA methods, to provide a road map for the present state-of-the-art of tourism crises and disasters research and promising future research lines.
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Luís Farinha, João Lopes, João Renato Sebastião, João José Ferreira, José Oliveira and Paulo Silveira
This paper aims to understand how the different stakeholders assess the adequacy of smart specialization policies defined for their regions.
Abstract
Purpose
This paper aims to understand how the different stakeholders assess the adequacy of smart specialization policies defined for their regions.
Design/methodology/approach
This paper has followed a quantitative methodology through the application of questionnaire surveys to stakeholders of the various territorial regions in Portugal.
Findings
As a result, from the “resource-based view” approach applied to the various regions, the attained results highlight that the suitability of smart specialization policies defined for the Portuguese regions is not unanimous among its stakeholders.
Originality/value
The research can be used as a tool to assist regional policymakers in strategic reflection when defining and adjusting smart specialization strategies in their territories.
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Rui Martins, Luis Farinha and Joao J. Ferreira
This study aims to systematize and analyze the internationalization of companies in an attempt to identify the main themes explored in the literature – What does the current state…
Abstract
Purpose
This study aims to systematize and analyze the internationalization of companies in an attempt to identify the main themes explored in the literature – What does the current state of the art tell us about the stimuli and barriers, failures and resilience in the internationalization of companies is what the authors set out to answer with this research.
Design/methodology/approach
This study offers a systematic review based on the bibliometric mapping techniques of 218 articles collected from the Web of Science database between 1996 and 2021.
Findings
Furthermore, contributing to literature by the logic of stimuli, barriers failure in internationalization companies. The main conclusion is that, from the analysis, the authors can see that the scientific production in this field of knowledge has intensified in recent years, but the centrality and the search density undergo major changes.
Originality/value
The main research contributions enable a better understanding of the involvement of failure and resilience in companies re-internationalization and suggestions for future studies in this field.
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Jorge Julião, Marcelo Gaspar, Luis Farinha and Maria A.M. Trindade
The aim of the paper is to assist hospitality business, operating in a sharing economy model and responding to coronavirus disease-2019 (COVID-19) crisis. It is argued that the…
Abstract
Purpose
The aim of the paper is to assist hospitality business, operating in a sharing economy model and responding to coronavirus disease-2019 (COVID-19) crisis. It is argued that the creation of a strategy to face COVID-19 crisis should be focussed on what the guests valued most. The paper focusses on the Airbnb service, which is the leading platform in accommodation inside the sharing economy, to explore the consumer profile and analyse its motivations to use hospitality service, based on socio-demographic characteristics and user experience.
Design/methodology/approach
The research uses a questionnaire survey targeting tourists who have experience using the Airbnb service. A total of 380 valid responses were analysed with statistical package programme for the social sciences (SPSS), performing a multivariate variance analyses (MANOVA) and univariate analysis (UNIANOVA), which corresponds to five of the main motivations regarding Airbnb booking.
Findings
The results show a motivation increase towards the sharing economy and benefits of the sharing economy for customers between 41 and 60 years of age. It was also observed that consumers with a monthly income below the average salary level are less keen to prefer the sharing economy philosophy. Controversially, the results also show that more than 80% of the guests do not want to share the room with people they are not related to.
Originality/value
The paper contributes to the understanding of consumers' behaviour by discussing the potential of the accommodation sharing model for the post-COVID recovery of the hospitality sector.
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João M. Lopes, Paulo Silveira, Luís Farinha, Márcio Oliveira and José Oliveira
Regional innovation performance is an important indicator for decision-making regarding the implementation of policies intended for regional development. However, regional…
Abstract
Purpose
Regional innovation performance is an important indicator for decision-making regarding the implementation of policies intended for regional development. However, regional development policies have led economies to very different competitive positions in matters of innovation. To address these issues, this paper aims to identify the variables that most contribute to the positioning of economies in terms of performance innovation in Europe.
Design/methodology/approach
The data for this study were collected at the regional innovation scoreboard. This paper uses a quantitative methodology through a multivariate statistical technique (discriminant analysis).
Findings
The results suggest that specific innovation strategies explain the competitive positioning of economies within each group of countries. It was possible to demonstrate that economies with leader classification show greater comparative robustness in the variables “Small and medium enterprise (SMEs) with product or process innovations,” “SMEs with product or process innovations,” “research and development (R&D) expenditure public sector” and “population with tertiary education,” constituting an effective instrument of innovation policy. Furthermore, it was possible to show that the economies belonging to the modest group do not have a competitive advantage in any of the variables under study, thus providing a reflection opportunity for policymakers at this level.
Originality/value
The present research identifies which variables are most relevant to the classification considering the regional innovation performance in leader, strong, moderate and modest. Several suggestions were given to companies, policymakers and higher education institutions in the sense that the regions where they operate can improve their innovative performance, which may help to a change in their current classification.
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