2,480 research outputs found

    Studying the micro-angels approach to micro-investment decisions

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    Purpose: The paper analyzes the micro-angels investment behaviour, looking both to the criteria used in the selection of their investment projects and to the characteristics of their guidance role during the investment period. Design/Methodology/Approach: The paper focuses on a double bottom line movement of French micro-angels clubs that has been operating since 1983. Our primary source of data is an online survey carried out during March 2012, asking members of clubs all over France for different aspects of their procedures. Findings: Our findings suggest that micro-angels are interested in small, socially or environmentally friendly projects having the potential to contribute to the development of their neighbourhood. We find that women are even more interested than men in such projects. Educated micro-angels value entrepreneurial motivation and understanding of the project more than less-educated micro-angels. We also point out the factors that micro-angels consider important in accompanying enterprises. Here we find that gender makes little difference. However, retired micro-angels value financial diagnosis made conjointly with entrepreneurs, while both active micro-angels and educated micro-angels value more the use of their network to help micro-entrepreneurs. Practical/Social Implications: Given the potential benefits of micro-angels investing and guiding the development of micro-enterprises, a social micro-angel investment on a major scale in developing countries could help in tackling some of the problems faced by the development of microfinance, such as the over-indebtedness of micro-entrepreneurs. Practitioners and new initiatives would gain from understanding what adaptations need to be made. Originality/value: We expect to add to the venture capital theory to take into account non-economic motives

    From \u27Break Out\u27 to \u27Breakthrough\u27: Successful Market Strategies of Immigrant Entrepreneurs in the UK

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    This paper explores the strategies that enable ethnic minority immigrant entrepreneurs to \u27break out\u27 of local ethnic markets and \u27break through\u27 into more promising markets with greater opportunities. It analyzes the contextual and personal characteristics of the entrepreneurs that implement those strategies, based on a primary survey of South Asian entrepreneurs in the UK. The analysis suggests that breaking out of co-ethnic customer markets is neither necessary nor sufficient for entrepreneurial expansion. The critical factor is the entrepreneur\u27s ability to break through into customer markets that are larger, by geographical reach or profit margins and value added. Many successful immigrant entrepreneurs leverage market knowledge of their home countries. At the same time, the more successful entrepreneurs break out of ethnic labor markets by hiring non-ethnic employees. The capacity to \u27break out\u27 and \u27break through\u27 into larger, global markets, is strengthened by the entrepreneur\u27s education, experience, access and ability to leverage international business networks, and agility to move into more promising markets

    Some Methodological Problems of Improving the Effectiveness of the Management of Innovative Enterprises

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    Issues of management of activities and the development processes of modern innovative enterprises are viewed. The creation necessity of modern innovative enterprises has been indicated, their management features and indicators have been defined. Management models of modern innovative enterprises have been clarified. Management of modern innovative enterprises has been developed. The analysis of some scientific publications indexed on the management of the activity of innovation enterprises has been carried out. As a result of examining the organizational management structure models of different profile innovation structures, its exemplary organizational structure is proposed. Structures of a management system based on intellectualizing features of management have been offered. The architectural-technological structural model of a network of modern innovative enterprises with different profiles is developed. The main directions for the management of innovative enterprises of the future are defined and an appropriate conceptual model of management was proposed based on the recommendations of international organizations. The conceptual model of the intellectual management system of the complex activity of innovative enterprises has been proposed. Appropriate approaches and models have been proposed to improve product/service manufacturing in innovative enterprises. Taking into account the recommendations of international organizations, the infrastructure problems and institutional mechanisms of increasing the efficiency of perspective activity of innovative enterprises in Azerbaijan have been studied. Prospects for the application of the trends of the IV Industrial revolutions in improving the efficiency of management of the activities of similar enterprises are shown. The proposed approaches and models for improving the management processes of innovative enterprises can be applied in other relevant innovation structures

    Entrepreneurial financing of micro-small-medium enterprises in Haiti: barriers and proposed solutions

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    Este estudio busca examinar la esfera empresarial en Hait? con especial atenci?n en aspectos de financiaci?n para aquellos que desean iniciar o ampliar un negocio. Busca comprender los efectos de la falta de educaci?n financiera en las micro, peque?as y medianas empresas (MIPYME) empresarios que evolucionan dentro de la econom?a haitiana. La revisi?n de la literatura discute varios factores contextuales que impactan a los empresarios haitianos, incluido el entorno pol?tico haitiano, el acceso a la financiaci?n a trav?s de la banca tradicional y la microempresa financiaci?n y barreras al emprendimiento. Adem?s, explora resultados como informalidad y analiza las teor?as existentes sobre la reducci?n de la pobreza a trav?s de las IMF (micro finanzas instituciones). Termina con una discusi?n sobre los diversos roles que la di?spora haitiana, la Empresarios haitianos para encontrar estabilidad buscan crear empleos y construir la econom?a haitiana. Esta tesis incluye los resultados de 12 entrevistas cualitativas con expertos en Hait?, finanzas en Hait? o en emprendimiento realizado en un per?odo de un mes MIPYMES locales y miembros de la di?spora haitiana. El objetivo era entender las percepciones de las empresas de financiaci?n empresarial en Hait? para las MIPYMES a trav?s de entrevistas a participantes de diferentes or?genes y realidades en el complejo mundo que es el Hait? moderno. Los resultados sugieren que la educaci?n financiera, el acceso a las finanzas y la informalidad dentro de son elementos de disuasi?n para la escala empresarial en Hait?. Sin embargo, los resultados tambi?n indican que la esfera empresarial en Hait? est? muy da?ada asociaci?n para mejorar las condiciones actuales y conducir al crecimiento sostenible de Hait? econom?a a trav?s de "solopreneurs" que se convertir?an en formas m?s s?lidas de empresarios, si est?n calificados para hacerlo

    The Role of External Environment, Owner Characteristics and Mentoring for Entrepreneurship in Improving the Business Performance of Zakat Recipient in East Kalimantan - Indonesia

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    The purpose of this study is to analyze and explain the role of external environment, owner characteristics and mentoring for entrepreneurship in improving the business performance of zakat recipient (mustahik) of  the National Board of Zakat (Badan Amil Zakat National, abbreviated as BAZNAS) in East Kalimantan, Indonesia. The design of this research is explanatory research. The type of the study is observational research with cross sectional study design. The method that is used to collect the data in this research is survey method. The population of this research is the whole of 65 mustahik for business, and the sample in this study is all population. This research used Partial Least Square (PLS) approach to analyze the data. The results of this study are as follows. The external environment has no significant effect to entrepreneurship. The owner characteristics have no significant effect to entrepreneurship. Mentoring significantly affects entrepreneurship. Furthermore, external environment is not significant to business performance. The owner characteristics significantly affect business performance. Mentoring has no significant effect to business performance as well as entrepreneurship has no significant effect on business performance. The finding in this study is that mentoring is not always successful in changing the level of performance measurement effort. Keywords: business performance, entrepreneurship, external environment, mentoring, owner characteristic

    Should there be a place for spirituality in business? Reflections on spirituality of a business leader

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    Nowadays, in the Western world, many people are realising that there is more to profits in the economy. In a post-Enron world,2 people have become aware of the importance of ethics in business and the values that are being exercised in the day-to-day leadership. At the same time, spirituality in business and the workplace has increased. In the introduction to their book, Managing as if faith mattered, Alford and Naughton, pointed out that: Ten years ago [in 1991], questions of faith and spirituality seemed, confined to the private realm, discussed publicly only in churches or during retreats. Now, conferences, seminars, and workshops reveal an awakening to the importance of the religious and spiritual dimensions in all realms of life.peer-reviewe

    The University-Commune

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    In this new book we return to the challenge of deepening the task to the point of imagining the university formed by commoner university students. It is a turn, a new place from which to name and reconsider community management and action from a sense of co-responsibility for the commons that we must guarantee so that the common project prevails and achieves long-term self-sustainability.This is what the seven articles in this book are about, which calls into question what it means for the university to be and act according to economic principles and logics (giving, receiving, undertaking), social (distribution of roles and benefits) and policies (agreements, consensus, participation and assignment of responsibilities) of the commune. The institutional dimension is important but the vitality, the sense of belonging and the profound strength of the Salesian university project depend much more on the commons logic. Feeling of the commons is not a possibility among many others. We are convinced that, in order to take on this project, it is necessary to transcend institutional, business logic and state regulations. Therefore, the university-commune is the way and, perhaps, the only one possible. University and Common Goods Research Group Universidad Politécnica Salesian

    Touring Tourism Enterprising : Mundane Practices of Tourism Development

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    Tourism enterprises play a vital role in tourism development. This has inspired scholarly and policy interest in the workings of tourism enterprises, particularly the small enterprises that account for the majority. The heterogeneity of small enterprises presents challenging terrain for scholars and policymakers concerned to understand and manage enterprise development and tourism development. Scholars have called for more research to deepen understanding of tourism enterprises and tourism development. The question is how to approach this complex terrain in research and practice.Recent lines of research suggest that answers may lay in the vicissitudes of practice. Entrepreneurship scholars have lately started to examine enterprises from the vantage of practice, the research concern shifting to the constructing action of enterprising. This vantage offers much promise to deepen understanding of tourism enterprises and tourism development. However, practice perspectives have rarely been used in studies of tourism enterprises and the link between enterprising practices and tourism development has not yet been made. Drawing inspiration from nascent practice perspectives lately emerging in entrepreneurship and tourism studies, this thesis takes up the practice modality of enterprising to explore the terrain of tourism enterprises and tourism development.Using a multimethod qualitative approach, the thesis tours sites of enterprising action to offer another view of tourism enterprises and tourism development. Visiting the enterprising action of innovating, constructing, performing, intervening, and reflecting, the tour sheds light on the everyday action of enterprising to unfold an image of mundane tourism development. Orienting to the vicissitudes of enterprising practice, this thesis provides another view of tourism enterprises and tourism development, opening new avenues for research and practice.Enterprising carries ontological, epistemological, and methodological implications for research. It urges for post-disciplinary research approaches characterised by theoretical and methodological diversity geared to producing practicable knowledge through close encounters with the vicissitudes of practice. Enterprising and mundane tourism development are travelling concepts with transformative potential ‚Äď not conceptual destinations, but concepts to inspire further travel
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