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Book part
Publication date: 19 January 2024

Richard P. F. Holt

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Research in the History of Economic Thought and Methodology: Including a Symposium on John Kenneth Galbraith: Economic Structures and Policies for the Twenty-first Century
Type: Book
ISBN: 978-1-80455-931-4

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Book part
Publication date: 8 September 2022

Juan Pablo Castilla

The growing displacement of theory and other forms of wide-ranging knowledge of social phenomena by empirical research methods in economics is widely noted by economists and…

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The growing displacement of theory and other forms of wide-ranging knowledge of social phenomena by empirical research methods in economics is widely noted by economists and historians of economic knowledge. Less attention has been devoted, however, to understand the materialization of such changes in the scientific practices. This article studies the recent transformations in the epistemological practices at CEDE, a research center in Colombia. I use a machine learning technique called Topic Modeling, interviews to CEDE researchers, and exegesis of papers to characterize a shift in the production of knowledge in microeconometrics at CEDE during the years 2000 and 2018. I explain this shift by characterizing two sets of epistemological practices that implies a recent tendency to disdain research that cannot make a “strong” causal inference.

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Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neoclassical Models
Type: Book
ISBN: 978-1-80382-708-7

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Book part
Publication date: 23 July 2016

Gabriel Oliva

This chapter explores the ways in which cybernetics influenced the works of F. A. Hayek from the late 1940s onward. It shows that the concept of negative feedback, borrowed from…

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This chapter explores the ways in which cybernetics influenced the works of F. A. Hayek from the late 1940s onward. It shows that the concept of negative feedback, borrowed from cybernetics, was central to Hayek’s attempt to explain the principle of the emergence of human purposive behavior. Next, the chapter discusses Hayek’s later uses of cybernetic ideas in his works on the spontaneous formation of social orders. Finally, Hayek’s view on the appropriate scope of the use of cybernetics is considered.

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Research in the History of Economic Thought and Methodology
Type: Book
ISBN: 978-1-78560-960-2

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Article
Publication date: 1 January 1995

Glen E. Holt

At the A.L.A. convention in Miami Beach, some of us thought we heard Ameritech issue a death announcement for NOTIS, one of the the respected old‐guard of library automation…

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At the A.L.A. convention in Miami Beach, some of us thought we heard Ameritech issue a death announcement for NOTIS, one of the the respected old‐guard of library automation systems.

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The Bottom Line, vol. 8 no. 1
Type: Research Article
ISSN: 0888-045X

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Book part
Publication date: 9 June 2022

Harleen Sahni and Nupur Chopra

Social entrepreneurship is a multidimensional construct, with social value creation lying at its core. Innovativeness and venturesomeness are the prominent decision-making…

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Social entrepreneurship is a multidimensional construct, with social value creation lying at its core. Innovativeness and venturesomeness are the prominent decision-making characteristics that facilitate value creation by social enterprises (SEs). Sustainability goals can be attained better with synergistic operations of the two entities. Both SEs and SDGs aim at creating values for overall well-being, however discrepancies in interpreting and measuring the values created, leads to problems in achieving operational integration between the two.

This chapter comprehends the nature of values created by SEs. It further examines the scope and benefit of integration between SEs and SDGs for creating better value propositions. Methodology of the research included extant review of literature and relevant frameworks to comprehend concepts of SEs and SDGs. To examine practical aspects of value creation, in-depth interviews were conducted with social entrepreneurs. The chapter concludes that SDGs resonate strongly with work of many SEs due to the basic nature of their mission and objectives. However, there is ambiguity regarding how integration between the two entities can be effectively operationalized. The way forward for value creation through SEs-SDGs integration in post-COVID times is discussed. For sustenance and growth in complex times, along with emphasis on traditional values, SEs and SDGs will have to focus on creating strategic values through active collaboration and synergy. Impact reporting is critical, but additionally, core managerial and operational activities of SEs and SDGs must also orient cohesively. The chapter proposes an integrated framework for systematic alignment of SEs and SDGs missions, objectives, resource management, mobilization, networking etc. for purposeful collaborations.

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Book part
Publication date: 24 August 2021

Revecca Pedi and Katerina Sarri

Nurturing resilience of states and societies in its neighbourhood has become a strategic priority for the European Union (EU). This chapter reviews the concept of resilience…

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Nurturing resilience of states and societies in its neighbourhood has become a strategic priority for the European Union (EU). This chapter reviews the concept of resilience across different European External Action Service's (EEAS) strategic documents, investigates the means and the ends that accompany it and explores the potential of fostering resilience through entrepreneurship. The latter is becoming a multi-dimensional tool associated not only with economic development but also with peace fostering, responsible citizenship, social innovation, opportunities management, risk-taking, decision-making, problem-solving, creativity, adaptability etc. We examine how entrepreneurship deals with the EU's approach to resilience and whether the EEAS harnesses entrepreneurship potential. This is an interdisciplinary research project bringing together insights from EU studies, diplomatic studies and entrepreneurship. In terms of methodology we use a content analysis approach of primary resources combined with semi-structured interviews with EEAS staff and secondary sources review. Our findings indicate that EEAS could meet resilience goals through entrepreneurship; yet the use of entrepreneurship as a tool for EEAS′ purposes is sporadic, scattered and unidimensional. We suggest that the EEAS should adopt a cohesive strategy for entrepreneurship promotion connecting internal with external policies. Acting this way would also serve the purpose of a more ‘joined-up union’ and reinforce the EU's power of attraction.

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Entrepreneurship, Institutional Framework and Support Mechanisms in the EU
Type: Book
ISBN: 978-1-83909-982-3

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Book part
Publication date: 15 February 2021

Lucy Hatt

This chapter offers a conceptual perspective of what students need to understand to understand entrepreneurship, and educators’ views on how best to educate students in it, in

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This chapter offers a conceptual perspective of what students need to understand to understand entrepreneurship, and educators’ views on how best to educate students in it, in response to calls for a greater understanding of the learning environment. The research uses the lens of the threshold concept framework to inform a conceptual approach to entrepreneurship education. The threshold concept framework posits that in any academic discipline there are concepts that have a particularly transformative effect on student learning representing a transformed way of understanding something, without which the learner cannot progress.

Research was undertaken in three stages to identify what is distinctive about thinking like an entrepreneur, how to educate students to think like entrepreneurs and how students understand thinking like entrepreneurs. The first and second stages of the study are the focus of this chapter. Candidate threshold concepts in entrepreneurship and educators’ perspectives of effective ways to educate students in entrepreneurship are presented.

Data from 11 individual and group semi-structured interviews conducted with 18 entrepreneurship educators in 10 higher education institutions across the UK was integrated with findings from a Delphi survey with 10 expert entrepreneurs.

By offering the perspectives of entrepreneurship educators and entrepreneurs, this chapter makes a valuable contribution to a conceptually grounded and innovative approach to entrepreneurship education.

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Universities and Entrepreneurship: Meeting the Educational and Social Challenges
Type: Book
ISBN: 978-1-83982-074-8

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Book part
Publication date: 25 November 2019

Romain Boulongne, Arnaud Cudennec and Rodolphe Durand

This chapter studies the conditions under which market intermediaries reward or sanction market actors who deviate from the prevailing categorical order. The authors first assess…

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This chapter studies the conditions under which market intermediaries reward or sanction market actors who deviate from the prevailing categorical order. The authors first assess how the expertise of a market intermediary – an understudied determinant of their authority – can lead to a positive evaluation of categorical deviation. Then, the authors identify two inhibitors that are likely to temper such positive appraisal: identity preservation and competition among market intermediaries. Factoring in both micro-level and macro-level dimensions of market dynamics, this chapter contributes to research on market intermediaries, the evolution of category systems, and more broadly, to the microfoundations of institutional change.

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Microfoundations of Institutions
Type: Book
ISBN: 978-1-78769-123-0

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Book part
Publication date: 9 June 2022

Jamie P. Halsall, Roopinder Oberoi and Michael Snowden

Social enterprise and social entrepreneurship are concepts that have a real effect on social change. The strategies associated with social enterprise and social entrepreneurship…

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Social enterprise and social entrepreneurship are concepts that have a real effect on social change. The strategies associated with social enterprise and social entrepreneurship have become popular in public policy circles, as they have a real aptitude for solving many societal problems. This popularity has led to the rapid development of social innovation and a rethinking of the interconnecting relationships of social entrepreneurship. The authors of this chapter present a model for social enterprise and innovation approaches, and critically explore these aspects and the ways in which they can be conceptualized within corporate social responsibility.

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Book part
Publication date: 19 August 2015

Tieying Yu and Mary Ann Glynn

Although two decades have passed since the publication of Walsh and Ungson’s (1991) seminal article on organizational memory, there has been only limited theoretical elaboration…

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Although two decades have passed since the publication of Walsh and Ungson’s (1991) seminal article on organizational memory, there has been only limited theoretical elaboration and application of this critical aspect of cognition in the strategic management literature. We remedy this gap by advancing the construct of competitive memory, which we define as a firm’s dynamic capability consisting of stored information from its past competitive interaction with a given rival that can be brought to bear on present or future competitive actions. We theorize that competitive memory is composed of both procedural and declarative elements and can be accessed automatically and deliberatively. Additionally, we suggest that competitive memory is relational: As rivals within a competitive set interact in the market, competitive memory drives not only their strategic actions, but also their expectations about their competitors. Last, competitive memory is also dynamic, which can be constructed and reconstructed over time by an organization’s enactment of its internal and external environments and by purposive memory trials with its competitive set.

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Cognition and Strategy
Type: Book
ISBN: 978-1-78441-946-2

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