Estudio de la rentabilidad de la banca online en España

En este trabajo se estudian las características y la viabilidad de la banca online que opera en España. El análisis económico-financiero de las entidades online y de entidades tradicionales comparables indica la existencia de dos modelos de negocio diferenciados dentro del segmento online. Además, dicho análisis muestra que a pesar de registrar tasas de crecimiento superiores, la banca online es menos rentable que la tradicional. Aunque la entidad online de mayor tamaño se encuentra en una mejor posición competitiva que la del resto de las entidades del segmento online, la baja rentabilidad de las entidades online no garantiza la supervivencia de los modelos de negocio de banca online en su forma actual.This paper studies the characteristics and viability of the Internet-primary banks in Spain. Financial statement analysis of Internet-primary and branching banks finds evidence of two distinct business models within the Internet-primary segment. Despite higher growth rates, Internet-primary banks are shown to underperform when compared to branching bank benchmarks. Although the largest Internet-primary bank in Spain is in a better competitive position than the rest of its class, the Internet-primary banks’ low profitability is no guarantee that they will exist as such in the future

International entrepreneurship in SMEs: a study of influencing factors in the textile industry

The final publication is available at Springer via http://dx.doi.org/10.1007/s11365-012-0242-3International entrepreneurship is an incipient research area with a rapidly increasing body of knowledge and contributions. An important part of this literature has focused on the analysis of the contributing factors to IE development. From these studies, this work attempts to analyse and validate through an integrative model the effect on this construct in SME of some of the main factors proposed by the literature such as Skills and Competences, Attitude and Proactiveness, Creativity and Innovation, Networking, Employees and Activity. To proceed with this aim, we conducted an empirical research focused on 174 textile SME in Spain. The results obtained confirm a positive relationship between the studied factors and the IE development. In consequence, this work agrees with previous literature that point out the need to use multi-theoretical perspectives, combining multiple factors.Gil Pechuán, I.; Expósito Langa, M.; Tomas Miquel, JV. (2013). International entrepreneurship in SMEs: a study of influencing factors in the textile industry. International Entrepreneurship and Management Journal. 9(1):45-57. doi:10.1007/s11365-012-0242-3S455791Akgün, A., Keskin, H., & Byrne, J. (2012). Organizational emotional memory. Management Decision, 50(1), 95–114.Andersén, J. (2011). Strategic resources and firm performance. Management Decision, 49(1), 87–98.Anderson, A. R., Dodd, S. D., & Jack, S. L. (2012). Entrepreneurship as connecting: some implications for theorising and practice. Management Decision, 50(5), 958–971.Appelbaum, S. H., Roy, M., & Gilliland, T. (2011). Globalization of performance appraisals: theory and applications. Management Decision, 49(4), 570–585.Arribas, I., Hernández, P., Urbano, A., & Vila, J. E. (2012). 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Leakage, entrepreneurship, and satisfaction in hospitality

This is an Accepted Manuscript of an article published by Taylor & Francis in The Service Industries Journal on 2013, available online:http://www.tandfonline.com/10.1080/02642069.2013.740464Tourism is a very important tool for economic development. However, its economic effects are mainly conditioned by the level of leakage. This work defines leakage, provides an original evaluation of the entrepreneurial environment in showing that it is the one with the lowest level of leakage, and creates a new framework. It also measures leakage in an innovative way using a quantitative approach. In addition, the paper explores and shows how leakage can affect critical business factors, such as customer and employee satisfaction. The empirical study uses structural equations and data from hotels in the Valencian Region (Spain) to show how important leakage is in making businesses more competitive. The results confirm the new model and are of interest for company managers and public organizations.Galdón Salvador, JL.; Garrigós Simón, FJ.; Gil Pechuán, I. (2013). Leakage, entrepreneurship, and satisfaction in hospitality. Service Industries Journal. 33(7-8):759-773. doi:10.1080/02642069.2013.740464S759773337-8Ahmed, Z. U. (1991). The influence of the components of a state’s tourist image on product positioning strategy. Tourism Management, 12(4), 331-340. doi:10.1016/0261-5177(91)90045-uAnderson, J. C., & Gerbing, D. W. (1988). Structural equation modeling in practice: A review and recommended two-step approach. Psychological Bulletin, 103(3), 411-423. doi:10.1037/0033-2909.103.3.411ANDRIOTIS, K. (2002). Options in Tourism Development: Conscious versus Conventional Tourism. Anatolia, 13(1), 73-85. doi:10.1080/13032917.2002.9687016Andriotis, K. (2002). Scale of hospitality firms and local economic development—evidence from Crete. 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This article focuses on airline prices in the Alicante-London market. It analyzes price evolution over short periods to observe the incidence of seasonality, the types of firms involved, timetabling, types of airport, competitiveness, and variables such as the price of jet fuel and the rate of exchange used by airlines to establish prices. The paper shows the relative incidence of these variables and stresses the relevance of seasonality and competitiveness in the price strategies followed by the different types of company

Assessing the importance of managerial accuracy of perceptions

This article sets out to observe how the accuracy of perception by hospitality managers of the new competitive framework arising out of the advent of the internet has affected the choice of strategy and entrepreneurial performance. In order to achieve this aim, we use a combination of two different empirical studies: f irstly, a Delphi study addressed to experts from around the world and secondly, a questionnaire addressed to managers in the Spanish hospitality sector. The study uses Structural Equation Modeling methodology and highlights the importance of managerial perception. Our results confirm the importance of the schemes established