15,496 research outputs found

    Metamorphosis of Entrepreneurial Ventures: A Holistic Paradigm from Two Tales

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    Some entrepreneurial ventures grow into large organizations within a relatively short duration. These startups rapidly increase their scale and scope to turn into matured organizations. Though the literature is replete with such examples, there is no explanation for such a phenomenon. Also, nothing has been said about the role of the environment in metamorphosis of such ventures. We look at two global organizations and explain their metamorphosis. We arrive at four dynamic stages through which an entrepreneurial venture grows: prime pillar formation stage, scale catapult stage, scope enlargement stage, and maturity stage. We also explain the different roles played by the firm and the environment during each stage, the interactions between each of these roles, and the dominant strategic process underlying in each stage.

    Productive and cognitive innovation strategy:African framework design

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    Since the mid 1900’s, economist have come to recognize the role of innovative activity in firms productivity growth, particularly in the competitive market economies. However, the most conducive market environment for innovative activity has also become a subject of interest. Thus, a major constraint on industrial dynamism in African countries is said to be the dearth of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which the government supports the innovators by providing appropriate financial measures; removing regulatory, institutional (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and industrial sites in Africa.innovation policy; Africa; Nigeria; investment; productivity; science parks; business clusters; economic zones; inventions; free trade zones; cognitive revolution, industrial revolution; infrastructures; technology; research and development; venture capital

    Check cashers: moving from the fringes to the financial mainstream

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    Once relegated to the margins of the financial services industry, check cashing outlets (CCO's) are now more visible parts of the urban landscape. Check cashers offer convenient check clearing and bill payment services, mostly tailored to meet the needs of the "unbanked" in low-and moderate income communities. The industry has grown dramatically over the years and is generating new products and services to meet the needs of its niche clientele. While some argue that check cashers are offering marginalized lower income Americans more responsive products than those available from banks, consumer advocates and community groups disagree. They argue that CCO customers pay too much for basic payment services, and that a reliance on check cashers keeps these lower-income individuals form being integrated into the financial mainstream. Lesly Jean-Paul and Luxman Nathan examine industry trends and the reach of check cashers here in New England.Checks ; Unbanked

    Essay on the State of Research and Innovation in France and the European Union

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    Innovation in the economy is an important engine of growth and no economy, whatever its complexity and degree of advancement, whether it is based on industry, agriculture, high tech or the providing of services, can be truly healthy without innovating actors within it. The aim of this work, done by an applied mathematician working in finance, not by an economist or a lawyer, isn't to provide an exhaustive view of the all the mechanisms in France and in Europe that aim at fostering innovation in the economy and to offer solutions for removing all the roadblocks that still hinder innovation; indeed such a study would go far beyond the scope of this study. What I modestly attempted to achieve in this study was firstly to draw a panorama of what is working and what needs to perfected as far as innovation is concerned in France and Europe, then secondly to offer some solutions and personal thoughts to boost innovation.Comment: 26 pages. Modifications in the new version : Reference [7] was invalid (it was a report that was never voted and published by the French Senate, contrary to what I assumed) and has been replaced. The corresponding part has been modified in consequence. Also, minor correction

    A Comprehensive Analysis of Concepts and Methodologies in Accounting

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    The following thesis is comprised of thirteen case studies concerning to various accounting concepts and methodologies that are current and relevant to the public accounting industry. These cases include numerous topics learned in financial accounting courses with respect to specific companies and real-world situations. Additionally, two specific cases relate to the recruiting process and potential cities of interest for the internship experience. Each case includes a different topic that reviews accounting theory; thus in combination entails a comprehensive analysis into the sector. The applications of the concepts and methodologies pertain to a future career in the public accounting industry. These cases were completed throughout the 2020-2021 school year in an accounting research course, ACCY 420, led by Dr. Victoria Dickinson. Each case was individually reviewed, evaluated, and analyzed over the duration of the course. This thesis has been defended through participation in case competitions held by various public accounting firms

    Measuring Innovation Competencies and Performances: A Survey of Large Firms in Belgium

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    Based on original survey data, this paper provides evidence on firms' innovation competencies and performances in Belgium. The relationship with firm size and technological opportunity is systematically evaluated. The first conclusion is that firms recognize the strategic importance of innovation but fail to undertake the "practical" steps to develop it. Large firms globally better master innovation competencies. However, small firms allocate the largest share of profits to finance innovative projects. In terms of performances, small and large firms, as opposed to medium ones, show the best results for their R&D investments and patent applications. It is also shown that the share of turnover due to incremental innovation is the highest within small firms, while technological breakthroughs are more important within large firms. There is a positive relation between technological opportunity and innovation competencies, R&D investments and patent applications. Services firms have relatively weak records on all innovation indicators but perform well concerning human resources, educational activities and the management of market information. Foreign firms invest significantly less in R&D than local firms. Finally costs- and risks-related barriers to innovation are the most important to all firms, whatever the size and technological opportunity.Innovation competencies, Innovation performances, Barriers to innovation, Survey data

    Easy Innovation and the Iron Cage: Best Practice, Benchmarking, Ranking, and the Management of Organizational Creativity

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    The use of what came to be known as best practices, benchmarking, and ranking, which took corporate America by storm in the 1980s as a method for managing innovation, has seeped into government and nonprofit organizations in the intervening years. In fact, as H. George Frederickson demonstrates in this Kettering Foundation occasional paper, these practices have proven to be counterproductive both in the business and the public sector. Frederickson suggests, instead, a more flexible, less directive, model he calls "sustained innovation." He offers abundant evidence that this model is more effective in producing organizational effectiveness

    Growing Pennsylvania's High-Tech Economy: Choosing Effective Investments

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    Compares Pennsylvania's high-tech economic development incentives, programs, and taxes with those of six competitor states. Includes case studies, program summaries, and analyses using a proprietary model and database. Makes policy recommendations
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