Andrea Gatto, Rosa Mosca, Gianluigi Elia and Paolo Piscopo
The purpose of microcredit is to offer small loans to people who are not covered by traditional financial channels. It can facilitate entrepreneurship, boosting local…
Abstract
Purpose
The purpose of microcredit is to offer small loans to people who are not covered by traditional financial channels. It can facilitate entrepreneurship, boosting local socio-economic development and improving environmental and political factors.
Design/methodology/approach
This paper aims to analyse microcredit in Italy, focusing on a project based in Rione Sanità, Naples. Rione Sanità is one of the poorest areas of Southern Italy, displaying high rates of criminality and unemployment, especially among youth, women, migrants and the vulnerable. The district is renowned for its fine and ancient handicrafts, food, trade and historical heritage – potential drivers for boosting tourism in the area. Qualitative methodologies were used to collect primary data through field visits and interviews with project bankers, local businesses, artisans, associations and religious representatives, project volunteers, as well as participation at local meetings. These data were corroborated by budget analysis based on the project's accounting.
Findings
The study shows encouraging results for the project and policy prospects. Despite the tiny starting numbers, there emerges a significant potential for microcredit to spread in the district, as in Southern Italy, providing an effective strategy to combat unemployment, usury and criminality, yielding community development and favoring broad societal challenges.
Originality/value
With this evidence, the paper attempts to shed some light and verify the potential of microfinance projects as a driver of sustainable development and ethical finance in poor areas of developed countries.
Details
Keywords
Davide de Gennaro, Simona Mormile, Gabriella Piscopo and Paola Adinolfi
In light of the new way of interpreting work spearheaded by Generation Z, the objectives of this study are to investigate (1) whether young entrepreneurs identify their start-ups…
Abstract
Purpose
In light of the new way of interpreting work spearheaded by Generation Z, the objectives of this study are to investigate (1) whether young entrepreneurs identify their start-ups with “zebras” – that is, as a concrete response to the evanescence and fantasy of “unicorns” based on the simultaneous pursuit of profit and social value, mutualism and resilience – and (2) whether they adopt a “teal” organizational configuration – that is, one characterized by evolutionary purpose, self-management and wholeness.
Design/methodology/approach
Through a qualitative approach with 41 interviews, this study focuses on start-uppers and companies that are particularly innovative and promising in the Italian context, as selected by Forbes magazine in its ranking of the brightest entrepreneurs, leaders and stars under 30.
Findings
The results suggest that young entrepreneurs recognize the importance of the common themes of the zebra movement and therefore identify their startups with zebras. More specifically, Generation Z entrepreneurs: (1) pursue a dual (economic and social) purpose, (2) are mutualistic and (3) build their organizations with resilience and capital efficiency. In addition, the interviews show that the organizational approach taken follows the paradigm of teal organizations, particularly in terms of evolutionary purpose, distributed leadership and decision-making power, and employee wholeness and empowerment.
Originality/value
This is the first study to analyze the evolutionary trends of animal entrepreneurial “species” led by Generation Z entrepreneurs and organized on the basis of the teal paradigm.
Details
Keywords
Alberto Boschetto, Luana Bottini, Valerio Cardini, Marco Eugeni, Paolo Gaudenzi and Francesco Veniali
This paper aims to provide a case study focused on the substitution through selective laser melting of a part typically fabricated by traditional manufacturing.
Abstract
Purpose
This paper aims to provide a case study focused on the substitution through selective laser melting of a part typically fabricated by traditional manufacturing.
Design/methodology/approach
To exploit the additive manufacturing (AM) advantages, the retrieving of the reconfiguration part data was provided, the process strategies by means of the interchange file handling and pre and post-processing were investigated and a re-design of the part was developed. Finally, the fabricated part was tested and analyzed.
Findings
Results claimed that a reconfiguration of the manufacturing framework plays an important role at each step of the process otherwise many AM benefits can be lost. In the paper, a set of recommendations, suggestions and hints regarding the implementation of AM for part substitutions is provided.
Research limitations/implications
Many aspects of the AM adoption, such as the production cost, energy consumption, sustainability and production volume, depend upon the geometry, batch size and other impactful factors, and thus they need to be studied in a case-by-case manner.
Practical implications
The proposed approaches have the concrete aim to address industrial resources toward the maximization of AM benefits in part substituting.
Originality/value
In this paper, the substitution of a part is fully undertaken from the early data collection to the manufactured part testing providing integrated approaches for each process step.