Daniel Mahn, Antonio Lecuna, Gonzalo Chavez and Sebastian Barros
Given the importance of growth-oriented entrepreneurship in the context of economic development and the need to understand how rural communities can be developed, the purpose of…
Abstract
Purpose
Given the importance of growth-oriented entrepreneurship in the context of economic development and the need to understand how rural communities can be developed, the purpose of this research paper is to determine how the drivers of growth expectations differ between urban and rural settings.
Design/methodology/approach
The methodology is threefold: firstly, a descriptive analysis with non-parametric testing is conducted; then pooled regression model is used to analyse the predictors of growth expectations in both contexts, and finally, coarsened exact matching is used to identify possible self-selection bias.
Findings
In contrast to mainstream entrepreneurship theory, it is found that entrepreneurs’ intrinsic knowledge, skills and abilities are not significant in the rural-specific model. The only exception is entrepreneurs’ educational level, the importance of which is emphasised as a pivotal factor in increasing high-growth ventures in rural communities. Additionally, when self-selection is eliminated, rurality worsens growth intentions.
Practical implications
There is evidence that some growth-oriented entrepreneurs self-select into rural communities. Because the high-growth entrepreneurial dynamics in rural areas are unique, public policies should target purpose-driven entrepreneurial education. This includes encouraging “lifestyle entrepreneurship” (e.g. retirees returning to rural areas to become entrepreneurs), preventing entrepreneurial brain drain in rural areas and attracting highly educated urban entrepreneurs to exploit opportunities in rural areas.
Originality/value
This research attempts to contribute to the ongoing debate regarding the factors that drive high-growth entrepreneurs in rural areas by analysing rural entrepreneurs in the high-growth context of a developing economy. The focus is on Chile – a country that is rarely investigated compared to the USA or Europe – to extend the literature on high-growth ventures and entrepreneurial ecosystems.
Details
Keywords
The presidency clarified quickly that the idea was not to conduct a formal assembly, but to establish a popular mandate for policy changes. Petro has said he does not aim to…
Details
DOI: 10.1108/OXAN-DB287959
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for Colombia to end-2021.
Details
DOI: 10.1108/OXAN-DB262487
ISSN: 2633-304X
Keywords
Geographic
Topical
Soraya Hidalgo-Gallego, Valeriano Martínez-San Román and Ramón Núñez-Sánchez
In this chapter, we estimate the allocative efficiency of Spanish airports in the pre-privatization period from 2009 until 2014. The estimation of an input-oriented distance…
Abstract
In this chapter, we estimate the allocative efficiency of Spanish airports in the pre-privatization period from 2009 until 2014. The estimation of an input-oriented distance system of equations allows us to calculate different allocative efficiency measures using two approaches. The results show that allocative inefficiencies exist for Spanish airports during this period. Moreover, in breaking down allocative efficiency changes by periods coinciding with different government strategies of privatization, we find important differences. In the initial period, when the government encouraged decentralized management of airports and privatization of the largest airports, allocative efficiency improved (from 2009 to 2012). In the second period, however, when the government focused on centralized airport management and privatization of the system as a whole (from 2012 to 2014), inefficiencies slightly increased again.
Details
Keywords
While various economic models predict that openness to international trade accelerates productivity and promotes economic growth and convergence, the empirical evidence (mostly…
Abstract
While various economic models predict that openness to international trade accelerates productivity and promotes economic growth and convergence, the empirical evidence (mostly based on cross‐sectional data) has been mixed and inconclusive. This paper investigates the issue using annual data from the 1950–1992 period for a sample of 56 economies. When the relationship between openness and growth (or convergence) is examined in the cross section, the results are fragile and statistically insignificant. When the complete panel is employed, however, and the time dimension of the data is fully utilized, a positive and statistically significant relationship between openness and growth emerges. In particular, it is shown that an increase in trade (exports plus imports) as a percentage of GDP by 10 percentage points results in a permanent increase in the growth rate by approximately 0.5 percent.
Details
Keywords
Erwin Tapia Mella and Anne Zahra
This chapter examines tourism policy processes in Chile in reference to sustainability, and the role of the government and governance in the delivery of sustainable practices in…
Abstract
This chapter examines tourism policy processes in Chile in reference to sustainability, and the role of the government and governance in the delivery of sustainable practices in this country. There is a gap in the research examining national governance structures in the development and implementation of sustainable tourism policies, despite the importance and the high policy priority given to this task by the United Nations Environment Program and United Nations World Tourism Organization. Study data was collected in three stages: document and website analysis, interviews, and a semi-structured online questionnaire with key industry stakeholders. The findings indicate that the concept of sustainability appears to be at an embryonic stage in Chile, and that emerging policies seem to be leading the way in terms of sustainable development. Government policy and governance structures are still at the formulation stage and threats to this process are also highlighted.
Details
Keywords
Cristina Iturrioz-Landart, Cristina Aragón-Amonarriz and M. Katiuska Cabrera-Suárez
The purpose of the study is to unveil the key role of family social capital (FSC) as a driver for transgenerational entrepreneurship (TE) in the specific contexts of challenged…
Abstract
Purpose
The purpose of the study is to unveil the key role of family social capital (FSC) as a driver for transgenerational entrepreneurship (TE) in the specific contexts of challenged successor-driven entrepreneurship.
Design/methodology/approach
The paper adopts a multi-case study methodology. Guided by three theoretical propositions, three TE case studies are analyzed. Drawing on ten in-depth interviews with at least three different informants from each intra-family succession case study, evidence about this particularly complex phenomenon was obtained.
Findings
The paper highlights the effect of FSC as the key familiness driver to leverage challenged successor-driven entrepreneurship. The paper underscores the systemic and dynamic network of multiple exchanges required to construct successor’s own pool of knowledge resources and to support familiness and thus the competitive advantage of the family firm (FF).
Practical implications
Different scenarios are illustrated, and specific lessons are provided for successors and families that face TE opposition in intra-family succession, regarding the restoration of damaged FSC and involving non-family stakeholders in the successor-driven entrepreneurship. In these cases, opposition to successor-driven entrepreneurship may help to develop successor’s leadership abilities.
Originality/value
Focusing on a specific intra-family succession context where successor-driven entrepreneurial initiatives face stakeholder opposition, the paper highlights the specific role played by FSC in the successor knowledge construction in specific contexts of challenged intra-family succession.
Details
Keywords
Xuemei Xie, Huimiao Zhang and Cristina Blanco
Family businesses often lack sufficient knowledge about digital business model innovation digital business model innovation (BMI). This study's purpose was to analyze how and when…
Abstract
Purpose
Family businesses often lack sufficient knowledge about digital business model innovation digital business model innovation (BMI). This study's purpose was to analyze how and when organizational readiness for digital innovation exerts a positive impact on family businesses' digital BMI. To do so, the authors examined the mediating effect of the familiness learning mechanism and the moderating effect of family involvement on this relationship.
Design/methodology/approach
A quantitative survey method was used to collect the data for this study. Using a sample of 282 family businesses involved in manufacturing in China, the authors conducted hierarchical regression analyses to evaluate the authors' theoretical model.
Findings
The results of this work demonstrate a positive relationship between organizational readiness for digital innovation and family businesses' digital BMI, and the find that the familiness learning mechanism mediates this relationship. The findings also show that second-generation family involvement in management moderates the direct effect of organizational readiness for digital innovation on the familiness learning mechanism, as well as the indirect effect of organizational readiness for digital innovation on digital BMI via the familiness learning mechanism. Moreover, the results establish that family involvement in ownership moderates the direct effect of the familiness learning mechanism on digital BMI, as well as the indirect effect of organizational readiness for digital innovation on digital BMI via the familiness learning mechanism.
Practical implications
This study provides practical contributions to the literature on family businesses and to public policy, providing concrete suggestions for fostering digital innovation in family enterprises. This study also enriches our understanding of the unique conditions by which family businesses can successfully implement digital BMI.
Originality/value
This research confirms that organizational readiness for digital innovation is an antecedent of digital BMI. This finding offers a new perspective that helps explain what might lead family businesses to engage in digital BMI. This study also places the familiness learning mechanism into a theoretical framework, which expands the current understanding of how organizational readiness for digital innovation facilitates digital BMI. Moreover, this work provides new insights into the boundary conditions by which organizational readiness for digital innovation affects the digital BMI of family businesses in terms of second-generation family involvement in management and family involvement in ownership.