A systems perspective of waste management allows an integratedapproach not only to the five basic functional elements of wastemanagement itself (generation, reduction, collection…
Abstract
A systems perspective of waste management allows an integrated approach not only to the five basic functional elements of waste management itself (generation, reduction, collection, recycling, disposal), but to the problems arising at the interfaces with the management of energy, nature conservation, environmental protection, economic factors like unemployment and productivity, etc. This monograph separately describes present practices and the problems to be solved in each of the functional areas of waste management and at the important interfaces. Strategies for more efficient control are then proposed from a systems perspective. Systematic and objective means of solving problems become possible leading to optimal management and a positive contribution to economic development, not least through resource conservation. India is the particular context within which waste generation and management are discussed. In considering waste disposal techniques, special attention is given to sewage and radioactive wastes.
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Sushil, S. Dewan and V.K. Agrawal
The use of goal programming in minimising capacity waste in theShock Absorber Department of a batch manufacturing automobile plant isillustrated. The concept of capacity waste is…
Abstract
The use of goal programming in minimising capacity waste in the Shock Absorber Department of a batch manufacturing automobile plant is illustrated. The concept of capacity waste is outlined and the objectives and constraints of capacity waste minimisation identified. Only linear objectives of the minimisation of idle time, set‐up time, work‐in‐process inventory and maximisation of profit are considered for the development of the goal programming model. The manufacture of different kinds of piston rods for various makes of shock absorbers are described and relevant data pertaining to processing time, setup time, work‐in‐process inventory, etc, are presented. A goal programming model, formulated for the problem, is analysed for different priority structures.
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Sucheta Agarwal, Veland Ramadani, Leo-Paul Dana, Vivek Agrawal and Jitendra Kumar Dixit
The ascent of women enterprising community (WEC) in a couple of decades draws the attention of various government and non-government bodies. Literature has mentioned various…
Abstract
Purpose
The ascent of women enterprising community (WEC) in a couple of decades draws the attention of various government and non-government bodies. Literature has mentioned various studies that focus on the factors affecting the success or failure of women entrepreneurs (WEs), but understanding of the ranking of the factors depending on the experiences of different WEs is needed. This study aims to identify the significant factors essential for the growth of WEC.
Design/methodology/approach
This study examines the factors through interview of 33 WEs having different entrepreneurial experiences (less than 1 year, more than 1 year but less than 10 years and more than 10 years of experiences) from different regions of Uttar Pradesh, India, and with the help of analytical hierarchical process, ranks the factors affecting the sustainable growth of WEs.
Findings
Through analysis, significant factors have been identified such as determination, education, entrepreneurial resilience, personal satisfaction and provide employment, and these factors have been analysed according to the different experiences of WEs. An investigation of ranking these factors of WEC, especially in the emerging nations, can assist policymakers in designing projects that improve the mindfulness associated with women enterprise and define the compelling methodologies.
Practical implications
The growth of the WEC is significantly affected by gender orientation ways of thinking as driven by entrepreneurship models.
Originality/value
This study gives a direction to policymakers by emphasizing on significant factors of various stages of enterprise development for the encouragement of WEs in the emerging economies.
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Abhishek Jain, Harwinder Singh and Rajbir S. Bhatti
The purpose of this paper is to identify the key enabler for total productive maintenance (TPM) implementation in Indian small and medium enterprises (SMEs) by using graph…
Abstract
Purpose
The purpose of this paper is to identify the key enabler for total productive maintenance (TPM) implementation in Indian small and medium enterprises (SMEs) by using graph theoretic approach (GTA). There are certain enablers for TPM implementation which helps the organization to implement it successfully. It is very essential to identify the nature and impact of these key enablers.
Design/methodology/approach
A large number of the enablers (27) have identified for TPM implementation in Indian SMEs from the available literature, questionnaire survey and expert opinion. These TPM enablers have categorized into six major categories.
Findings
In this research work, the intensity of identifying enablers has been calculated to show their impact or influence in TPM implementation. The value of intensity of TPM enablers shows the role or impact of individual enabler in the implementation of TPM in Indian SMEs.
Practical implications
This study provides an easy-to-use methodology for the practical decision makers in the manufacturing industry to improve their performance by implementing TPM in Indian SMEs. A detailed methodology has prepared to identify the enablers for TPM implementation in Indian SMEs by using GTA. This study also explains that how to check the feasibility of an organization to implement TPM in Indian SMEs successfully.
Originality/value
TPM is an improvement concept which holds the potential to improve manufacturing organizations, but its implementation is not easy in Indian SMEs. The reason behind the unsuccessful implementation of TPM in most of the organizations is the ignorance of impact of innumerable enablers and barriers.
Although the issues related to the motivation of entrepreneurs have been widely studied, there is a less study focussing on the immigrant women’s entrepreneurial motivation under…
Abstract
Although the issues related to the motivation of entrepreneurs have been widely studied, there is a less study focussing on the immigrant women’s entrepreneurial motivation under challenging environment such as COVID-19. Existing studies on entrepreneurs’ motivations mainly adapt the concepts that have often been developed in male-dominated paradigm. According to Shmailan (2016), male entrepreneurs focus on making sure costs are under control and are more profit driven. Women seek to make social contributions and want to ensure their quality. Some of the literature suggests that men are inclined to start businesses because of financial considerations and are more likely to be pulled into entrepreneurship. Conversely, women are likely to start business because of lifestyle issues and are more likely to be pushed into self-employment (Clain, 2000; Georgellis & Wall, 2005; Takahashi, Lourenço, Sander, & Souza, 2014).
This chapter focuses on the motivation of immigrant females in developed economies and what makes them continue especially during difficult times such as recent crisis ‘new normal’, COVID-19 pandemic. The study explores the challenges ethnic female entrepreneurs are facing and what motivated them to continue. The study also seeks their responds and strategies during challenging time such as the pandemic. The findings indicate that women often pursuit business opportunities to satisfy social needs, rather than focussing on traditional business outcomes such as growth or profit. The study found a stronger desire to contribute to a society, community and family’s needs among female founders in the UK . The immigrant female entrepreneurs have shown strong resilience during the COVID-19 pandemic crisis.
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Sucheta Agarwal, Vivek Agrawal and Anugamini Priya Srivastava
Women-owned enterprises (WOEs) are one of the fastest-growing entrepreneurial sectors in the world. Therefore, this study aims to identify and develop the structural cause and…
Abstract
Purpose
Women-owned enterprises (WOEs) are one of the fastest-growing entrepreneurial sectors in the world. Therefore, this study aims to identify and develop the structural cause and effect relationship among the various strategic dimensions that affect the performance of WOEs in the Indian context.
Design/methodology/approach
With the help of the questionnaire survey, the data has been gathered. Further, the experts’ opinions are considered, which is followed by interpretative structural modeling and the impact matrix cross-reference multiplication applied to a classification (MICMAC) approach to explore the 13 dimensions associated with the development of WOEs such as work–life balance (WLB), entrepreneurial learning (EL), competencies, social identity (SI) and culture.
Findings
WLB and support of financial institutions are the dominant independent dimensions and EL and competencies have emerged as dominant dependent dimensions, which impact the development of WOEs. The other linkage dimensions are experience, entrepreneurship education and training, SI, government, non-government organizations, family, friends, culture, role models, etc.
Research limitations/implications
This conceptual model can be validated for any type of WOEs in India and in other countries.
Practical implications
Through this study, the academicians, decision-makers and policymakers must become aware of the importance of each dimension and their relatedness with each other, which provides the direction for designing and implementing appropriate policies to enhance the growth of WOEs.
Originality/value
This is the foremost research that provides an interpretive structural conceptual model to develop a map of the complex relationships and magnitude among the identified dimensions of WOEs.
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K. Srinivasa Reddy, Rajat Agrawal and Vinay Kumar Nangia
Does target firm shareholders excessively paid or adequately rewarded or stumpy compensated? To address this query, the study aims to remix valuation parameters for better…
Abstract
Purpose
Does target firm shareholders excessively paid or adequately rewarded or stumpy compensated? To address this query, the study aims to remix valuation parameters for better combination of mixture so that it represents fair deal value in merger and acquisition (M&A) negotiation process. The purpose of the study is to redesign the existing valuation methods, craft new models and compare them to suggest perceptive guidelines for “valuation governance”.
Design/methodology/approach
This research reconstructs discounted cash flows (DCF) and net asset valuations (NAV), originate NRR‐APB approach, MCF‐RS and MCF‐ES and finally compare all seven methods for each select company in the respective industry/sector. Exclusively, estimating the forecasting hurdle rate (FHR) is a core competence of valuation process.
Findings
Among the valuation models, all seven methods for select companies have been reported diverse values, however NRR‐APB approach describe factual enterprise value for bargaining the value of target firm in structuring M&A deals.
Research limitations/implications
Due to petite sample, study has limited scope to validate the proposed conceptual models for valuation governance. Particularly, models have developed under the Indian accounting regulations, standards and reporting mechanism. Though, it can be practiced in other accounting standards on trail and error basis.
Practical implications
Valuation practitioners, governments, consultants, M&A advisory, market research and academia may implement these business valuation techniques, guidelines and implications in particular sector/industry to protect the interest of target firm shareholders and justify the consistent value for acquirer/bidding firm. Accordingly, stakeholders' interest could also be sheltered.
Originality/value
The paper intends to introduce NRR‐APB approach, MCF‐RS and MCF‐ES, reengineering DCF and NAV and compare these valuation methods on three companies each in select two industries, auto ancillary and hotels and resorts. Further, it would be adding a token of contribution to the notable area corporate finance. Hence, this article is the first study to argue on valuation governance and recommend state to enact immediately in India.
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Sucheta Agarwal, Vivek Agrawal, Veland Ramadani, Jitendra Kumar Dixit and Shqipe Gërguri-Rashiti
During the different phases of enterprise creation, entrepreneurial learning (EL) can be understood as an effective process. This study aims to find out the cause-and-effect…
Abstract
Purpose
During the different phases of enterprise creation, entrepreneurial learning (EL) can be understood as an effective process. This study aims to find out the cause-and-effect relationships of the factors that are impacting EL.
Design/methodology/approach
This research has been conducted in two ways: first, the factors are identified through a systematic analysis of EL, and second, the cause-and-effect relationship among EL factors is analyzed using decision-making trial and evaluation laboratory, which is dependent on the opinion of experts. A network relationship matrix is also drawn from the measured factors.
Findings
A causal relationship has been established within the identified EL factors. Results indicate that educators and practitioners should focus and concentrate on the cause group-related factors, which are entrepreneurship education, entrepreneurial training, entrepreneurial competencies, experiences, family influence and role models. The remaining two, entrepreneurial perception and entrepreneurial willingness, are identified as being in the effect group. These two factors are affected and influenced by the cause group factors.
Research limitations/implications
By recognizing the multidimensionality of EL, this study gives the chance to look at what it means to be an entrepreneur from both a personal and a social point of view, including learning styles, learning from mistakes and self-regulated learning. Future research is urged to build tools that accurately capture this crucial factors of EL, thus allowing the field to gain greater integration and information accumulation.
Originality/value
Researchers have previously described factors that influence EL, but to the best of the authors’ knowledge, this is one of few studies that depict the cause-and-effect relationship between EL factors. These factors are critical to the growth of talented entrepreneurs in both developed and developing countries for promoting an entrepreneurial culture.
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N.B. Naduvinamani and Shridevi S. Hosmani
The purpose of this study is to examine the magneto-hydrodynamic (MHD) effect on porous exponential slider bearings lubricated with couple stress fluid and to derive the modified…
Abstract
Purpose
The purpose of this study is to examine the magneto-hydrodynamic (MHD) effect on porous exponential slider bearings lubricated with couple stress fluid and to derive the modified Reynolds’s equation for non-Newtonian fluid under various operating conditions to obtain the optimum bearing parameters.
Design/methodology/approach
Based upon the MHD theory and Stokes theory for couple stress fluid, the governing equations relevant to the problem under consideration are derived. This paper analyzes the effect on porous exponential slider bearings with an electrically conducting fluid in the presence of a transverse magnetic field. Semi-numerical solutions are obtained and discussed.
Findings
It is found that there is an increase in the load carrying capacity, frictional force and decrease in the co-efficient of friction in porous bearings due to the presence of magnetic effects with couple stress fluid.
Originality/value
This study is relatively original and gives the MHD effect on porous exponential slider bearings lubricated with couple stress fluid. The author believes that the paper presents these results for the first time.
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Anirudh Agrawal, Poonam Gandhi and Prajakta Khare
The purpose of this study is to explore how social entrepreneurship empowers women and how it influences the existing gender based intersectionalities in the society. This paper…
Abstract
Purpose
The purpose of this study is to explore how social entrepreneurship empowers women and how it influences the existing gender based intersectionalities in the society. This paper is based on a single case study of a social entrepreneurial startup called “Pahal,” which used social entrepreneurial strategies to encourage women to engage in economic activities, which helped them in gaining economic empowerment.
Design/methodology/approach
The researcher alongside the social entrepreneur visited the field for eight months from August 2016 to March 2017 and interviewed multiple stakeholder-employees (as partners) of the social enterprise. This study was done by conducting interviews with all the stakeholders in all the three social entrepreneurial phases, i.e. pre-Pahal, during-Pahal and after-Pahal. The interviews and observations were recorded and analysed using social entrepreneurial lens and intersectionality.
Findings
“Pahal Initiative” – is a social entrepreneurial intervention that helped the women in the household to start a food delivery business with the support of the social entrepreneur. Consequently, women gained confidence and self-respect. The attitude of men in the household changed when the women in the household generated additional income. It impacted their position and status which led to an increase in their participation in decision-making in the household and economic independence. The women become more interactive and expressive in a predominantly patriarchal household. Within one year, the entrepreneur had to stop the Pahal initiative. Then, this study observed and recorded that this event curtailed the economic activities undertaken by the women in their village and their social status reverted to what it was before the initiative.
Practical implications
First, social entrepreneurial strategies lead to economic value creation and lead overall socio-economic gains. Second, social entrepreneurial strategies address the problems of patriarchy and gender discrimination. Third, economic activities undertaken by women changed the social perceptions of the family members towards women in the families.
Social implications
From this case study, one observes that social entrepreneurship has a strong potential to bring about social and economic change. This study helps policymakers and non-governmental organisations to solve poverty and gender discrimination related problems using social entrepreneurial strategies.
Originality/value
This study uses social entrepreneurial intervention to understand and bring about change in the socio-economic status of women in rural India. This study uses an intersectionality lens to make sense of the data, reality and reflects on how intersectional positions are altered when women are economically empowered either through training or through a proper organisation or both.