Miguel-Angel Galindo-Martín, María-Teresa Méndez-Picazo and María-Soledad Castaño-Martínez
Economic growth is one the most relevant economic objectives for policy makers. In order to determine the variables that enhance such an objective it is important to consider…
Abstract
Purpose
Economic growth is one the most relevant economic objectives for policy makers. In order to determine the variables that enhance such an objective it is important to consider different types of entrepreneurial activity. It is also necessary to consider the level of development and growth of a country to design the proper economic policy measures, given that entrepreneurship motivations and circumstances vary from country to country. Therefore, the purpose of this paper is to analyse the relationship between entrepreneurship and economic growth, including the role played by institutions and innovation considering two types of entrepreneurship (necessity and opportunity) and countries.
Design/methodology/approach
Data analysis of 31 countries with varying levels of growth and development yielded two large groups – either innovation-driven economies or efficiency-driven economies – following GEM classification based on the phases set out by the World Economic Forum. In order to test the hypotheses, a partial least squares analysis is carried out to show the existing relationships between the different variables, specifically: innovation, institutions, entrepreneurship and economic growth.
Findings
The empirical analysis used demonstrates that innovation positively affects economic growth and entrepreneurship. In addition, adequate functioning of institutions is shown to enhance economic growth and opportunity entrepreneurship. Finally, there is a positive relationship between entrepreneurship and economic growth.
Originality/value
Unlike other studies, different types of entrepreneurship (by necessity and opportunity) are essential to this analysis of the relationship between entrepreneurship and economic growth. The country sample was divided considering some country-specific structural circumstances. Neither aspect is considered in the literature and should be considered relevant for designing measures to enhance economic activity.
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Fernando Peris Bonet, Carlos Rueda Armengot and Miguel Ángel Galindo Martín
This paper aims to determine factors that have an influence on human resource management and entrepreneurial success in the context of European innovative small and medium‐sized…
Abstract
Purpose
This paper aims to determine factors that have an influence on human resource management and entrepreneurial success in the context of European innovative small and medium‐sized enterprises (SMEs).
Design/methodology/approach
A primary test questionnaire was tested with 50 Spanish entrepreneurs. The feedback from this study was used to improve the survey for a final test. Multivariate regression analysis was used to differentiate the factors that allow the explanation of the variables to be studied and factors that, a priori, seem to be the most relevant in explaining entrepreneurial success.
Findings
The study allows the determination of what factors make the European entrepreneur successful on his or her business.
Research limitations/implications
Limitations are the sample used in the study and the magnitude used to analyse entrepreneurial success. Future research on the topic of the paper can develop and qualify the variables used.
Originality/value
European innovative small and medium‐sized enterprises (SMEs) are analysed from countries belonging to the European Union to determine the factors that have an influence on human resource management and entrepreneurial success. The results of the paper serve as a tool to develop a model to predict relevant factors of entrepreneurial activity and which have implications for development policy makers and for entrepreneurs.
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Miguel‐Ángel Galindo and María‐Teresa Méndez‐Picazo
The main aim of this paper is to analyze the relationship between innovation and economic growth, following the Schumpeter approach, considering the entrepreneurship activity.
Abstract
Purpose
The main aim of this paper is to analyze the relationship between innovation and economic growth, following the Schumpeter approach, considering the entrepreneurship activity.
Design/methodology/approach
Several hypotheses are tested considering three equations, for the case of ten developed countries. To estimate the equations, generalized least square (GLS)‐cross‐section weights and panel least squares methodologies for the period 2001‐2009 have been used.
Findings
Innovation plays a central role in the economic growth process and the entrepreneur is the vehicle to introduce the new technologies to improve the firms' activity and to obtain higher profits. It is also necessary to include in this process other variables: social climate and the role of institutions.
Practical implications
Some measures can design from these results to improve innovation and entrepreneurship activity, which would have positive effects on economic growth.
Originality/value
Schumpeterian approach is developed for this analysis, and empirical estimations are carried out to test hypotheses on economic growth and innovation, considering not only the traditional quantitative variables but also qualitative ones, having a wider view about the process. Drucker statement on innovation effects on entrepreneurship activity is also tested.
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María-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo and Miguel-Ángel Galindo-Martín
The purpose of this paper is to analyse the effects of some political measures on entrepreneurship to promote economic growth and employment, specifically, R & D policies…
Abstract
Purpose
The purpose of this paper is to analyse the effects of some political measures on entrepreneurship to promote economic growth and employment, specifically, R & D policies, training, elimination of administrative barriers, access to finance support and promotion of entrepreneurial culture.
Design/methodology/approach
Seven hypotheses are tested developing a latent variables model with data from 13 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden and UK) in 2012, using partial least squares estimation method.
Findings
Greater expenditure on R & D by governments and universities, public investment in education and measures to stimulate entrepreneurial culture have a positive effect on entrepreneurship. Furthermore, countries with complex legal systems which regulate the start-up of an economic activity and where access to credit is complicated, present lower levels of entrepreneurship. Societies with a greater number of innovative entrepreneurs present higher levels of entrepreneurial activity and economic performance. Finally, human capital and entrepreneurial activity positively affect economic performance in the case of the European countries studied in the sample.
Practical implications
The results obtained in the paper would facilitate the design of measures to stimulate to entrepreneurs and improve economic performance.
Originality/value
Several factors, qualitative and quantitative, have been considered in the analysis that they have not traditionally included in the analysis of the entrepreneurship behaviour taking into account the role played by the policy makers measures to improve such behaviour.
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Edgar Muñiz Avila, Miguel‐Ángel Galindo and María Teresa Mendez
The goal of this article is to develop a SERCREA+ model for the case of Mexico, paying special attention to the aspects concerning change management that allows, among other…
Abstract
Purpose
The goal of this article is to develop a SERCREA+ model for the case of Mexico, paying special attention to the aspects concerning change management that allows, among other things, the promotion of high‐quality entrepreneurships that would facilitate a greater business sustainability over time, and that would have positive effects on economic growth and employment.
Design/methodology/approach
To develop the empirical analysis, an interview with 36 Mexican businessmen involved in the management process has been done.
Findings
The data obtained show that change management has important positive effects in promoting sales, and the creation of a support group, that is an entrepreneurship club, would make business activity more sustainable over time.
Originality/value
Traditionally Mexican analysis has focused on the economic part of the companies, without considering the aspects of change management. This paper studies the different elements of the change management process that allow the promotion of high‐quality entrepreneurship that would facilitate a greater business sustainability over time, and which would have positive effects on economic growth and employment.
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Ángeles Montoro‐Sánchez and Domingo Ribeiro Soriano
The aim of this paper is to introduce the special issue on “Human resource management and corporate entrepreneurship”.
Abstract
Purpose
The aim of this paper is to introduce the special issue on “Human resource management and corporate entrepreneurship”.
Design/methodology/approach
The paper discuses the articles in the special issue, which investigate the relationships between human resource management and entrepreneurship from different points of view, approaches and employing different empirical contexts.
Findings
The papers highlight different human resource management factors of entrepreneurial behaviour and their influence on corporate entrepreneurship. Results from different empirical contexts as small and medium‐size firms, case studies, joint ventures, in the USA, China, and Spain, among others, make important contributions to the previous literature.
Originality/value
The paper discusses the intersection and association between human resource management and corporate entrepreneurship. Human resources play an essential role in so far as they can encourage or hinder corporate entrepreneurship.
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MEXICO: Chief dismissal will not improve policing
Details
DOI: 10.1108/OXAN-ES213266
ISSN: 2633-304X
Keywords
Geographic
Topical
The purpose of this paper is to examine the impact of the Village Saving and Loans Association (VSLA) on sustainable development (SD) and to explore VSLA as an approach that leads…
Abstract
Purpose
The purpose of this paper is to examine the impact of the Village Saving and Loans Association (VSLA) on sustainable development (SD) and to explore VSLA as an approach that leads to women’s financial empowerment and its impact on SD in Egypt.
Design/methodology/approach
A mixed method was applied for this study, including qualitative and quantitative methods. Qualitative method includes 50 individual interviews with women in the upper Egypt communities that applied the VSLA approach, the quantitative method, on the other hand, relied on secondary data, such as the outcomes of (knowledge, attitude, and practices [KAP]). The VSLA was applied in the Egyptian Community in 2015–2019, according to KAP study reports presented by international funders.
Findings
This study concludes that this VSLA approach helped many women and families to improve their economic situation and overcome financial hardship, which reflected on rural SD. Furthermore, the concept equipped and empowered women with a needed financial hardship that allowed them to improve their family situation and to participate in the process of developing their communities in a sustainable way. Also, women participated in VSLA leading initiatives and took an active role in rural SD in their community.
Research limitations/implications
The findings only apply to the sample that has participated in the VSLA project implemented by an international donor. A longitudinal quantitative evaluation of the VSLA approach and its impact on SD strategy of Egypt would be recommended in terms of further research study, highlighting the role of VSLA’s impact on achieving the Egyptian sustainable strategy 2030.
Originality/value
This paper is unique in presenting the concept of the VSLA as an intervention and approach for rural SD in the rural community by empowering marginalized women financially. Although this approach has been used by international donors as part of large programs implemented in Egypt and other countries since 1979 aimed at SD in rural areas, there is scarcity in the literature related to this approach.
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Muhammad Sajjad, Nishat Kaleem, Muhammad Irfan Chani and Munir Ahmed
The contribution of women entrepreneurs is still invisible and needs to be properly investigated. The purpose of this paper is to investigate this relationship by measuring women…
Abstract
Purpose
The contribution of women entrepreneurs is still invisible and needs to be properly investigated. The purpose of this paper is to investigate this relationship by measuring women entrepreneurship and economic development at global level.
Design/methodology/approach
Secondary data has been retrieved from Female Entrepreneurship Index Report 2015, Human Development Report 2015 and KOF Index of Globalization 2015. Cross-sectional data is used from 69 countries of the world. Multiple regression is applied to estimate the data.
Findings
The results explained the significant impact of women entrepreneurship on the economies of the world. It was observed that women participation in entrepreneurial activities not only supports to their family income but also plays a significant role in economic development and social well-being of the society.
Research limitations/implications
There is no information about total output of women entrepreneurs in terms of new enterprises setups and established businesses of women except for year 2015. So, to measure the real contribution of women entrepreneurs around the globe is still a challenge.
Practical implications
It is reality that when women would be empowered as entrepreneurs then whole society gets benefits from it, as women entrepreneurs are beneficial for not only economic development but also social development of society.
Originality/value
This study uniquely addresses the contribution of women entrepreneurs in the world economy which is still an unseen but a powerful benefactor of development.