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Journal of Entrepreneurship, Management and Innovation JEMI

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Full-Text Articles in Business

The Role Of Creativity In Development Of Innovation In Tourism, Elif Bascavusoglu-Moreau, Sebastian Kopera, Ewa Wszendybył-Skulska Jan 2013

The Role Of Creativity In Development Of Innovation In Tourism, Elif Bascavusoglu-Moreau, Sebastian Kopera, Ewa Wszendybył-Skulska

Journal of Entrepreneurship, Management and Innovation JEMI

Creativity, innovation and entrepreneurship are slogans that have become an integral part of modern tourism economy. Creativity and innovation of tourism economy as well as the meaning of creativity in tourism business are intensely discussed. Today, creativity is being frequently analyzed as a basic feature of actions performed on a daily basis in terms of both personal and professional life, a feature that every employee is required to possess. It means that employers and, above all, the education system must feel it necessary to develop certain conditions in which human creativity can be shaped, which is understood as a system …

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Personnel As A Factor Of Production In Development Of Regional Tourism Economy – A Conceptual Paper, Aleksander Panasiuk Jan 2013

Personnel As A Factor Of Production In Development Of Regional Tourism Economy – A Conceptual Paper, Aleksander Panasiuk

Journal of Entrepreneurship, Management and Innovation JEMI

Tourism economy appears in every sphere of economy: production of goods and services, their division, exchange and consumption; it also occurs in the majority of the national economy branches that directly or indirectly deal with meeting tourist demand. The majority of economic processes in tourism sector are realized by direct tourism economy and its representatives, tourist entrepreneurs. Territorial selfgovernment units and tourist organizations play a significant role in formation of economic processes in tourism sector on the regional and local levels. The classic economy distinguishes three basic production factors: labor, land and capital. In the modern approaches they are completed …

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Innovative Activity Of Small Tourist Enterprises – Cooperation With Local Institutional Partners, Marta Najda-Janoszka Jan 2013

Innovative Activity Of Small Tourist Enterprises – Cooperation With Local Institutional Partners, Marta Najda-Janoszka

Journal of Entrepreneurship, Management and Innovation JEMI

According to the open innovation model an effective strategy for increasing innovation and competitiveness of the region should be based on active and multilevel cooperation among operators of the local tourism business environment. It is commonly assumed that an exceptionally important role in creating a favorable environment for the cooperative practices in the region is performed by local authorities. Yet, a modest number of research findings presented in the literature indicate a rather high level of inertia of local authorities in creating appropriate conditions for tourism business development, thus putting in question the effectiveness of performed intermediary function in the …

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Students’ Attitudes Towards Career In The Tourism Industry – Implications For Tacit Knowledge Management, Marlena A. Bednarska, Marcin Olszewski Jan 2013

Students’ Attitudes Towards Career In The Tourism Industry – Implications For Tacit Knowledge Management, Marlena A. Bednarska, Marcin Olszewski

Journal of Entrepreneurship, Management and Innovation JEMI

The success of tacit knowledge management lies in firms’ capabilities to attract and retain employees possessing unique knowledge. The purpose of the paper is to investigate students’ attitudes towards career in tourism in the context of tacit knowledge management. The study was conducted on the group of 345 undergraduates and graduates enrolled in tourism and hospitality studies in Poznan. Research revealed that majority of students plan short-term career in tourism, which entails tacit knowledge leakage outside the tourism industry. It was also found that students’ attitudes towards tourism careers are significantly influenced by previous work experience and satisfaction with the …

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Towards The Definition Of A Tourism Cluster, Magdalena Kachniewska Jan 2013

Towards The Definition Of A Tourism Cluster, Magdalena Kachniewska

Journal of Entrepreneurship, Management and Innovation JEMI

The concept of tourism clusters is becoming central within the tourism development planning process and the EU perceives cluster arrangements as the preferred form of introducing innovations in different economic fields, including tourism. The Polish Tourism Organization (POT) is to launch the subprogram aimed at the commercialization of the tourism product and intensification of SMEs’ integration processes (vertical and horizontal ones), which shall boost the innovativeness of Polish tourism regions and enterprises. The main purpose of this article is to find rationale for tourism cluster formation in Polish TDAs and to formulate the definition and main attributes of the tourism …

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Ambush Marketing In Poland Before The 2012 European Football Championship, Marcin Gębarowski Jan 2013

Ambush Marketing In Poland Before The 2012 European Football Championship, Marcin Gębarowski

Journal of Entrepreneurship, Management and Innovation JEMI

Activities belonging to ambush marketing (parasite marketing) are more and more widely undertaken with regard to subsequent, huge sports events. Therefore, this article analyzes the scope of using this form of promotion in the period that preceded the 2012 European Football Championship. A reference has been made to Poland – a country which was a co-host of the championship. On the Polish market, owners of many brands performed actions that aimed at “stealing” image effects which should be achieved only by official sponsors who support such huge tournament (which is considered to be one of the three greatest sports events …

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Sensitivity Analysis And Optimization For Selected Supply Chain Management Issues In The Company – Using System Dynamics And Vensim, Elżbieta Kasperska, Elwira Mateja-Losa, Rafał Marjasz Jan 2013

Sensitivity Analysis And Optimization For Selected Supply Chain Management Issues In The Company – Using System Dynamics And Vensim, Elżbieta Kasperska, Elwira Mateja-Losa, Rafał Marjasz

Journal of Entrepreneurship, Management and Innovation JEMI

The aim of our paper is to present the new results of research work on optimization and simulation for some logistic problems in the company. The System Dynamics (SD) method and the Vensim simulation language are applied in order to solve specific managerial problems described by Forrester in the model of supply chain. The historical model of Customer-Producer-Employment System by Forrester (Forrester, 1961) has not been examined with the sensitivity analysis, from the “automatic” testing perspective. Optimization experiments have not been conducted, either. It is surprising, since the model is old and widely known. The opportunities offered by the Vensim …

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A Born Global Gradually Advancing Its Internationalization - A Case Study Of Internationalization Process Of A Small Tour Operator In A Niche Market, Karolina Nessel Jan 2013

A Born Global Gradually Advancing Its Internationalization - A Case Study Of Internationalization Process Of A Small Tour Operator In A Niche Market, Karolina Nessel

Journal of Entrepreneurship, Management and Innovation JEMI

Today much is already known about the internationalization patterns of small and medium enterprises (SMEs). However, the research has mainly focused on outward internationalization and more in manufacturing industry than in services (and hardly in the tourism industry). Thus, the paper undertakes an exploratory research in order to verify to what extent the common framework of analysis may explain an internationalization path of SMEs in the tourism sector. To this goal, a case study of a small tour operator in a niche market of weddings abroad in Poland is undertaken. The research seeks to match the firm’s internationalization characteristics with …

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Exploring Alternatives For Sustainable Development In The Tamiahua Wetlands, Luis Felipe Luna-Reyes, Jorge A. Durán-Encalada, Erick R. Bandala Jan 2013

Exploring Alternatives For Sustainable Development In The Tamiahua Wetlands, Luis Felipe Luna-Reyes, Jorge A. Durán-Encalada, Erick R. Bandala

Journal of Entrepreneurship, Management and Innovation JEMI

This article presents a preliminary System Dynamics model developed to analyze the sustainability of a natural reserve in Mexico: the Tamiahua Wetlands. Wetlands are often referred to as nature’s kidneys because they filter contaminants from water. In spite of their importance, wetlands are endangered areas around the world. In order to build the model we take into account the Fishbanks model developed by Meadows (2004) as a starting point. Then, the model considers variables related to changes in total and economically active populations, and contaminants in water. The preliminary model presented in this study implies that fishing activity in the …

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Context And Animacy Play A Role In Dynamic Decision-Making, Magda Osman, Alexandros Ananiadis-Basias Jan 2013

Context And Animacy Play A Role In Dynamic Decision-Making, Magda Osman, Alexandros Ananiadis-Basias

Journal of Entrepreneurship, Management and Innovation JEMI

Perception, judgment, and reasoning are all processes that are sensitive to cues to animacy (i.e. the presence of signals that indicate an object behaves as if it has intentions and internal goals). The present study investigated the following question: Does animacy facilitate decision-making in a dynamic control system? To address this, the present study used a dynamic decision-making task and compared behavior in four different contexts (Abstract, Animate-Social, Inanimate-Social, Inanimate- Non-social). Participants were randomly allocated to one of these contexts, and in each version they were required to learn to manipulate variables in order to bring the dynamic system to …

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The Main Burdens Of Doing Business Perceived By Family-Owned Hospitality Enterprises In Slovakia, Ľudmila Šmardová, Ľuboš Elexa Jan 2013

The Main Burdens Of Doing Business Perceived By Family-Owned Hospitality Enterprises In Slovakia, Ľudmila Šmardová, Ľuboš Elexa

Journal of Entrepreneurship, Management and Innovation JEMI

The main aim of the article is to identify the main burdens of doing business perceived by Slovak family owned hospitality businesses as well as to assess their view on the prospects for family businesses in Slovakia. The article analyzes primary data gained from an opinion survey conducted by means of a questionnaire in 2013. The business environment perception is evaluated according to the perception of certain external business environment indicators (conditions of doing business) depicted on the basis of the results of the pilot survey conducted in 2009 and the research carried out in 2010/2011. The results allowed us …

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Validation Of System Dynamics Models – A Case Study, Justyna Lemke, Małgorzata Łatuszyńska Jan 2013

Validation Of System Dynamics Models – A Case Study, Justyna Lemke, Małgorzata Łatuszyńska

Journal of Entrepreneurship, Management and Innovation JEMI

The purpose of this article is the analysis of the system dynamics model validation illustrated by the example of a model of the manufacturing resource allocation. In the first part of the article the authors present an overview of the definitions of validation and verification that can be found in the reference literature. Also, they emphasize the role which validation and verification play in the modeling process. Furthermore, they discuss the techniques of system dynamics model validation with particular focus on tests of the model structure, behavior and policy implications. The second part of the article contains an example of …

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Entrepreneurial Orientation In Mexican Microenterprises, Héctor Montiel Campos, Luis S. Alvarado Acuña, José Pablo Nuño De La Parra, Francisco A. Aguilar Valenzuela Jan 2013

Entrepreneurial Orientation In Mexican Microenterprises, Héctor Montiel Campos, Luis S. Alvarado Acuña, José Pablo Nuño De La Parra, Francisco A. Aguilar Valenzuela

Journal of Entrepreneurship, Management and Innovation JEMI

Over the past 30 years research on Entrepreneurship Orientation (EO) has provided valuable information regarding strategy, entrepreneurship and aspects of performance at the firm-level. In the entrepreneurial universe, microenterprises play a very special role in the business context of the economy. However, they have not been relatively present in the EO research. This paper studies the EO-performance relationship in a group of microenterprises in Mexico and includes the Dominant Logic (DL) as a variable that moderates this relationship. The results indicate that risk taking, proactiveness and competitive aggressiveness variables from the EO influence the microenterprise performance. In addition, the external …

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Ksp Polonia Warszawa’S Financial Problems – Analysis Of Liquidity And Debt, Elżbieta Marcinkowska Jan 2013

Ksp Polonia Warszawa’S Financial Problems – Analysis Of Liquidity And Debt, Elżbieta Marcinkowska

Journal of Entrepreneurship, Management and Innovation JEMI

Financial liquidity is one of the most important areas of running business operations. Each entity must keep it at an adequate level. Lack of financial liquidity is the main factor leading to bankruptcy of companies. The analysis of liquidity and debt verifies the ability of an entity to pay current liabilities and also confirms the company’s ability to survive on the market. Based on the results of the analysis of liquidity and debt the management should therefore prepare liquidity management strategy. The article is based on the available financial statements of KSP Polonia Warszawa Sportowa Spółka Akcyjna and presents an …

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How Korean Venture Capitals Invest In New Technology Ventures, Youngkeun Choi Jan 2013

How Korean Venture Capitals Invest In New Technology Ventures, Youngkeun Choi

Journal of Entrepreneurship, Management and Innovation JEMI

In the entrepreneurship field, this study examines what kinds of external endorsements are helpful for venture capitals investment and the growth of new technology ventures in developing countries. This study uses the signalling theory and the methodologies of multiple regression and survival analysis with the panel data of the ventures in Korea. In the results, collaboration with business groups and certification of government are positively influential in attracting venture capitals’ investment, which accelerate the growth of new technology ventures. The practical implication for entrepreneurs is that they need to obtain the endorsement from business groups and governments strategically.

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Technology Transfers And Knowledge Management In Developing Economies: Case Study Of An Indonesian Manufacturer, Wahyudi Wibowo Jan 2013

Technology Transfers And Knowledge Management In Developing Economies: Case Study Of An Indonesian Manufacturer, Wahyudi Wibowo

Journal of Entrepreneurship, Management and Innovation JEMI

International technology transfers are crucial for developing economies since they may operate as one of the key drivers in the economies’ development path. Previous studies have acknowleged some channels of technology transfers for developing economies. Nevertheless, the precise mechanisms of how the technology transfers would occur and take effect in each of the recipient economies and their domestic companies are still to be explored. Furthermore, understanding domestic companies knowledge management is important since it would determine the absorptive capacity of the company toward advanced foreign technologies. This study uses a case of technologically intermediate-level Indonesian manufacturer to show evidence of …

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The Modeling Process Of The Materials Management System In A Manufacturing Company Based On The System Dynamics Method, Małgorzata Baran Jan 2013

The Modeling Process Of The Materials Management System In A Manufacturing Company Based On The System Dynamics Method, Małgorzata Baran

Journal of Entrepreneurship, Management and Innovation JEMI

The article presents the steps of modeling of the material management system in a manufacturing company. First, the modeling procedures indicating by Forrester, Łukaszewicz, Souček, Tarajkowski and Sterman were described and the essence of materials management in a manufacturing company was presented. Next, modeling of the materials management system was shown - step by step. Initially, the variables of the mental model connected with materials were defined, then variables in casual loop diagrams were linked. Diagrams were transformed into a simulation model that has been verified. The validation of the simulation model was conducted by using the following methods: assessing …

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Entrepreneurial Intention Determinants: An Empirical Model And A Case Of Iranian Students In Malaysia, Abdolhamid Papzan, Nashmil Afsharzade, Khadijeh Moradi Jan 2013

Entrepreneurial Intention Determinants: An Empirical Model And A Case Of Iranian Students In Malaysia, Abdolhamid Papzan, Nashmil Afsharzade, Khadijeh Moradi

Journal of Entrepreneurship, Management and Innovation JEMI

This study investigated entrepreneurial intention among graduate students of USM**** Engineering Campus. Applying the Theory of Planned Behavior (TPB; Ajzen), we examined the empirical model of entrepreneurial intention determinants. Although research has been conducted in entrepreneurial intention, limited study has been done among Iranian graduate students who are studying abroad. This research aims to fill this gap using Entrepreneurial Intention Questionnaire (EIQ, version 3.1). Accordingly, a survey study was applied and Iranian graduate students of the USM Engineering Campus were studied using the census method. The authors propose an empirical model and tested its reliability and validity using structural equation …

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Evidence Of Opportunity And Necessity Driven Entrepreneurship In Nigeria, Abubakar S. Garba, Fariastuti Djafar, Shazali Abu Mansor Jan 2013

Evidence Of Opportunity And Necessity Driven Entrepreneurship In Nigeria, Abubakar S. Garba, Fariastuti Djafar, Shazali Abu Mansor

Journal of Entrepreneurship, Management and Innovation JEMI

The objective of this paper is to examine the influence of poverty, unemployment and GDP on entrepreneurship. Time series data for 31 years was collected from various official sources for the analysis. Vector autoregressive (VAR) framework was adopted to systematically capture the rich dynamic of multiple time series. Other tests conducted were unit root test, Johansen and Juselius (1990) co-integration test, Granger causality and dynamic model analysis beyond the sample. It was found that poverty and GDP influence entrepreneurship negatively, while unemployment influences entrepreneurship positively. The paper reveals the presence of both opportunity and necessity driven entrepreneurs in the country. …

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Differences In Perception Of The Participants In The Management Process And Its Real Trajectory, Olaf Flak, Adrian Pyszka Jan 2013

Differences In Perception Of The Participants In The Management Process And Its Real Trajectory, Olaf Flak, Adrian Pyszka

Journal of Entrepreneurship, Management and Innovation JEMI

The aim of the paper is to present results of the research that was focused on managers’ behaviours. We tried to discover the main differences between the real trajectory and perception of managers in the field of two types of management processes. In the first part of the paper there is a theoretical foundation of process management and conclusions that led to a research model. In the second part we present the state of art in the field of human perception theories. Then, we describe assumptions of the research and methods of gathering data. What is important in the case …

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Total Participation Management:Toward Psychological Determinants Of Subjective Well-Being At Work, Katarzyna Mika, Ryszard Stocki, Agnieszka Bożek Jan 2013

Total Participation Management:Toward Psychological Determinants Of Subjective Well-Being At Work, Katarzyna Mika, Ryszard Stocki, Agnieszka Bożek

Journal of Entrepreneurship, Management and Innovation JEMI

Aiming to determine which management practice has the strongest influence on the subjective well-being (SWB) of employees, three workplaces were assessed with reference to different levels of total participation management (TPM), an innovative approach to human resource management. The study examined whether the level of TPM is positively related with SWB, defined according to Diener’s (1984) affective and cognitive facets of work. The psychological explanation of the predicted dependence was the level of satisfaction of three basic needs (autonomy, competence and relatedness) distinguished by Deci and Ryan (2000a). The hypothesis about a positive relationship between SWB and TPM was confirmed. …

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Innovations Under The Concept Of ‘Turning Garbage Into Gold’ In Fisheries Waste Management, Muhammad Yusof Jan 2013

Innovations Under The Concept Of ‘Turning Garbage Into Gold’ In Fisheries Waste Management, Muhammad Yusof

Journal of Entrepreneurship, Management and Innovation JEMI

This paper discusses the encouragement of creativity and innovation in creating opportunities for entrepreneurship turning useless materials into valuable resources. It is necessary to know the thought process and planning in the entrepreneurship idea to create a new business at this time. One of the brilliant philosophies about entrepreneurs is that they are those who can “turn garbage into gold”. This concept describes the important character of entrepreneurs who foresee business opportunities and have the intelligence to transform trash into cash. This means that they have the necessary ability to create innovation and value-added products for sale. The analyzed case …

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Determinants, Moderators And Consequences Of Organizational Interaction Orientation, Christian Hoops, Michael Bücker Jan 2013

Determinants, Moderators And Consequences Of Organizational Interaction Orientation, Christian Hoops, Michael Bücker

Journal of Entrepreneurship, Management and Innovation JEMI

Interaction orientation reflects the ability of a company to interact with the individual customer and to gather information from successful interactions. Four dimensions of interaction orientation are identified in the literature: customer concept, interaction response capacity, customer empowerment and customer value management (Ramani and Kumar, 2008). This study shows that indeed a fifth dimension of interaction orientation exists and investigates the determinants, moderators and consequences of this construct. The first notable finding is that B2B companies exhibit a greater degree of interaction orientation than B2C firms. Ramani and Kumar hypothesized that in their study. We show that there are B2C …

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Matching Imitative Activity Of High-Tech Firms With Entrepreneurial Orientation, Marta Najda-Janoszka Jan 2012

Matching Imitative Activity Of High-Tech Firms With Entrepreneurial Orientation, Marta Najda-Janoszka

Journal of Entrepreneurship, Management and Innovation JEMI

As pointed by numerous scholars high technology sectors are very apt for studying entrepreneurial activities due to their high levels of innovativeness. However, taking into account the highly dynamic and substantially hostile environment in those sectors, innovation may often not be the best strategic choice for market entry. In fact, the business practice confirms the extensive utilization of imitation strategy by technology entrepreneurs Meanwhile, the literature on entrepreneurship focuses almost exclusively on original innovators, underestimating the importance of imitation in the growth process and indicating shortage of research on imitative activities of entrepreneurs. Therefore this article presents discussion on the …

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Transferability And Commercialization Of Patent Rights: Economic And Practical Perspectives, Haim V. Levy Jan 2012

Transferability And Commercialization Of Patent Rights: Economic And Practical Perspectives, Haim V. Levy

Journal of Entrepreneurship, Management and Innovation JEMI

The transformation of innovation into commercial value depends primarily on appropriate protection of the intellectual property, usually by patents, and efficient pathway(s) of its transferability as well as the transfer of the protected knowledge. The key features of patents, from an economic perspective, are that they encompass new knowledge and confer monopoly rights to the owner. The exclusiveness of patent rights is generally conceived as a necessary mechanism to ensure further innovation, stimulate advanced research and facilitate efficient market transactions with patent rights. The patent holder can transfer the technology embodied by way of granting to others a license to …

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The Role Of Academic Entrepreneurship And Spin-Off Companies In The Process Of Technology Transfer And Commercialisation, Irena Łącka Jan 2012

The Role Of Academic Entrepreneurship And Spin-Off Companies In The Process Of Technology Transfer And Commercialisation, Irena Łącka

Journal of Entrepreneurship, Management and Innovation JEMI

In developed countries, the academic entrepreneurship makes up a very important element of academic environment activities. For some time, the increase in the role of technology transfer and knowledge commercialisation has been also promoted in Poland. Strong connections between the scholarship and the economy (in the future, within the university of the third generation) have a chance to build an economy based on knowledge in our country. The flow of knowledge and the introduction of new solutions (results of scholarly research) in enterprises take place through the intermediary of various methods of transfer and commercialisation paths. Independent of the manner, …

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The Optimal Timing Of Strategic Action – A Real Options Approach, Gordon G. Sollars, Sorin A. Tuluca Jan 2012

The Optimal Timing Of Strategic Action – A Real Options Approach, Gordon G. Sollars, Sorin A. Tuluca

Journal of Entrepreneurship, Management and Innovation JEMI

The possibility of a first-mover advantage arises in a variety of strategic choices, including product introductions, business start-ups, and mergers and acquisitions. The strategic management literature reflects ambiguity regarding the likelihood that a first mover can or will capture additional value. This paper uses a real options approach to address the optimal timing of strategic moves. Previous studies have modeled real options using either a perpetual or a European financial option. With these models, a strategic choice could only be made either without respect to a time frame (perpetual) or at a fixed point in time (European option.) Neither case …

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The Role Of The Internet In Overcoming Information Barriers: Implications For Exporting Smes Of The East African Community, Neema Mori, Gibson Munisi Jan 2012

The Role Of The Internet In Overcoming Information Barriers: Implications For Exporting Smes Of The East African Community, Neema Mori, Gibson Munisi

Journal of Entrepreneurship, Management and Innovation JEMI

Small and medium-sized enterprises play a significant role in the East African Community, contributing highly to the national income and employing a significant number of people. Exportation provides a great opportunity for these enterprises to expand their businesses and improve their performance. However, they encounter a number of informationrelated barriers before and during exportation. Based on literature, this paper identifies these barriers and discusses how the internet could be used to reduce them. Based on the internet, international business and small business literature, the paper provides propositions and develops a model that will be useful for future studies in this …

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Internal Factors Of Academic Entrepreneurship: The Case Of Four Malaysian Public Research Universities, Mohar Yusof, Mohammad Saeed Siddiq, Leilanie Mohd Nor Jan 2012

Internal Factors Of Academic Entrepreneurship: The Case Of Four Malaysian Public Research Universities, Mohar Yusof, Mohammad Saeed Siddiq, Leilanie Mohd Nor

Journal of Entrepreneurship, Management and Innovation JEMI

This paper focused on academic entrepreneurship, an emerging phenomenon in Malaysian public research universities. The research demonstrated that academic entrepreneurship produced positive impact on research commercialization and university technology transfer for these public research universities. Academic entrepreneurship was also found to be one of the missing gaps in fulfilling the complete process of research and development up to commercialization. This study provided evidence of the appropriateness of using an organizational framework of academic entrepreneurship to measure the influence of the internal environment in stimulating the level of academic entrepreneurship. The results demonstrated that control systems, organizational culture, human resource management …

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Political Perspective On Technology Alliances – The Cases Of Microsoft And Google, Krzysztof Klincewicz Jan 2012

Political Perspective On Technology Alliances – The Cases Of Microsoft And Google, Krzysztof Klincewicz

Journal of Entrepreneurship, Management and Innovation JEMI

The article presents technological alliances as political activities, helping establish coalitions, co-opt supporters and eliminate rivals. Using the example of Microsoft’s and Google’s partner ecosystems, it discusses specific partnership techniques and their relevance for technology companies. The article offers a rich picture of developments of Microsoft Windows and Google Android platforms, combined with the steps taken by both companies to ensure support from partner firms. The effectiveness of financial, marketing and technological incentives as well as of deterrents depends on expected outcomes (such as: decreasing transaction costs, creating lock-ins, stimulating innovativeness or restricting development of competitive products) and technology life …

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