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Full-Text Articles in Business

Cuba’S Historical Tryst With Economic Development And Future Pathways, Babu P. George, Tony L. Henthorne, Maximiliano E. Korstanje Prof Nov 2018

Cuba’S Historical Tryst With Economic Development And Future Pathways, Babu P. George, Tony L. Henthorne, Maximiliano E. Korstanje Prof

Babu George

This paper inspects the historical development of Cuba put against its challenges in promoting tourism. Due
to internal and external pressures, the economic development opportunities for Cuba were largely limited
to tourism – despite the best efforts by the Cuban authorities to diversify its economy. Drawing insights
from the strategy literature, the competitive advantage of Cuba in tourism is explained. We trace the
pathways the Cuban economy and society took in Cuba’s its tryst with tourism as the primary development
driver. Particular thrust is given to Cuba – Soviet bonhomie and the “special period”. We conclude the
discussion by highlighting the ...


The Effects Of Food Security On Socioeconomic Mobility In The United States: A Case Study In Allendale County, South Carolina, Taylor St Clarke May 2018

The Effects Of Food Security On Socioeconomic Mobility In The United States: A Case Study In Allendale County, South Carolina, Taylor St Clarke

Senior Theses

This thesis examines the relationship between food security – defined as accessibility to an affordable, nutritious, and sustainable source of food – and socioeconomic mobility in the continental United States. This thesis is primarily focused on the effects of food insecurity on both individuals and communities, examining the chronic long-term effects of such insecurity on areas known as “food deserts,” which are often given status as areas of persistent poverty. This research further examines the effects of a sustained poor diet, brought about by food insecurity, on the individual and overarching community in a food desert and how such a diet impacts ...


Starting-Up Unregistered And Firm Performance In Turkey, Colin C. Williams Mar 2018

Starting-Up Unregistered And Firm Performance In Turkey, Colin C. Williams

Colin C Williams

Recent years have seen a questioning of the negative representation of
informal sector entrepreneurship and an emergent view that it may offer significant
benefits. This paper advances this rethinking by evaluating the relationship between
business registration and future firm performance. Until now, the assumption has been
that starting-up unregistered is linked to weaker firm performance. Using World Bank
Enterprise Survey data on 2494 formal enterprises in Turkey, and controlling for other
determinants of firm performance as well as the endogeneity of the registration
decision, the finding is that formal enterprises that started-up unregistered and spent
longer unregistered have significantly higher ...


New Hampshire Foreign Direct Investment Report: Presence And Contributions To State And County Economies, Roxana Wright, Chen Wu Mar 2018

New Hampshire Foreign Direct Investment Report: Presence And Contributions To State And County Economies, Roxana Wright, Chen Wu

Faculty Scholarship & Creative Works

According to the U.S. Department of Commerce, “the United States remains an attractive foreign direct investment (FDI) destination”. Our report examines foreign direct investment in New Hampshire from the perspective of presence of foreign subsidiaries. The distributions of foreign subsidiaries are analyzed across counties and industries in New Hampshire, with accompanying inferences on contributions that foreign firms make to the state. The analysis is based on a sample of 447 subsidiaries of foreign firms.

The study is unique in its analysis of the distributions of foreign subsidiaries at the level of counties, sectors and industries, in addition to the ...


21st Century Chinese Art Market Boom, Ayca Deniz Ergin Jan 2018

21st Century Chinese Art Market Boom, Ayca Deniz Ergin

Summer Program for Undergraduate Research (SPUR)

This research paper provides a detailed analysis of how China has become the fastest growing art market around the world. How did the economic development in China led the country to the top in recent years, in contrast to its Western competitors? What is China’s role in the global art market scene? What changes have been made, in a socialist system, to accommodate foreign investors and what future changes should be made to sustain its growth?

Through focusing on the correlation between economic growth and art market expansions, this research develops the relationship through referencing various quantitative and qualitative ...


Foreign Direct Investments In Kosovo Opportunities, Challenges And Promotion, Hamëz Rama Oct 2017

Foreign Direct Investments In Kosovo Opportunities, Challenges And Promotion, Hamëz Rama

UBT International Conference

Foreign direct investments in Kosovo are the basis for a genuine development, especially in the case of Kosovo that is in the transition phase from a former centralist system to the free market economy system. Investments are the most efficient way for a country's economic and political development, consolidation, economic growth, development and strengthening of the private sector.

The treatment and sensitization of foreign direct investment in Kosovo is a matter related to foreign direct investment (FDI), their importance, factors that influence the rise or fall of the level of foreign direct investment in Kosovo, potentials, opportunities and the ...


Undeclared Economic Activities Of Croatian Companies Findings From A Representative Survey Of 521 Companies, Colin C. Williams Sep 2017

Undeclared Economic Activities Of Croatian Companies Findings From A Representative Survey Of 521 Companies, Colin C. Williams

Colin C Williams

This report presents the findings of a survey on undeclared economic practices undertaken by Croatian companies. In order to obtain the rigorous evidence on undeclared work in Croatia, we previously investigated citizens’ experiences with undeclared work and the practice of envelope wages. With this representative survey of 521 companies, we focus on frequency of company engagement in the undeclared economy.


Tackling Undeclared Work In Southeast Europe: Knowledge-Informed Policy Responses, Colin C. Williams Aug 2017

Tackling Undeclared Work In Southeast Europe: Knowledge-Informed Policy Responses, Colin C. Williams

Colin C Williams

Ø  Undeclared work is socially accepted and widely practiced in Bulgaria, Croatia, and the FYR of Macedonia.
 
Ø  More than 1 in 5 adults in these countries acknowledge that they have bought goods and services on the undeclared economy in the prior year. More than 1 in 12 report that they have undertaken undeclared work, and more than 1 in 10 declared employees report that they receive from their employer in addition to their declared salary an additional undeclared ‘envelope’ wage.
 
Ø  But undeclared work differs across and within the three countries. For every one working undeclared due to their ...


Greypolicybrief2_Macedonia.Pdf, Colin C. Williams, Peter Rodgers, Ruslan Stefanov Aug 2017

Greypolicybrief2_Macedonia.Pdf, Colin C. Williams, Peter Rodgers, Ruslan Stefanov

Colin C Williams

KEY POINTS
Ø  Undeclared work hasdeep roots in FYR of Macedonia. 1 in 16 adults and 1 in 8 of the employed engage in undeclared work. The use of informal connections to circumvent formal institutions is practiced by 35% of Macedonians.
Ø  Formal institutions in the country are underdeveloped. Unemployment also remains unusually high compared with the EU average.
Ø  The traditional repression approach to tackling undeclared work, which has been prioritised so far by the authorities, is ineffective.
Ø  Increasing penalties and surveillance/ control should at the very least be supplemented by public awareness raising campaigns, educating citizens, and ...


Assessment Of Under-Declared Employment In Croatia, Colin C. Williams, Miroslav Radvansky, Miroslav Stefanik Jun 2017

Assessment Of Under-Declared Employment In Croatia, Colin C. Williams, Miroslav Radvansky, Miroslav Stefanik

Colin C Williams

This report evaluates ‘under-declared employment’, which is the practice where a formal employer pays a formal employee an official declared wage but also an additional undeclared (envelope) wage in order to evade the full social insurance and tax liabilities owed. The aim is to evaluate the prevalence, characteristics and distribution of this fraudulent wage practice in Croatia, to explain its existence, and to provide an evidence-based evaluation of the different policy approaches for tackling it, and a set of policy recommendations. 


Telecommunications Infrastructure: Another O-Ring In The Economic Development Of The Third World, James Germano Jan 2017

Telecommunications Infrastructure: Another O-Ring In The Economic Development Of The Third World, James Germano

Catholic University Journal of Law and Technology

No abstract provided.


Ginning Up Economic Growth? Evaluating The Effects Of County-Level Alcohol Sales, Nathan Smith Jan 2017

Ginning Up Economic Growth? Evaluating The Effects Of County-Level Alcohol Sales, Nathan Smith

MPA/MPP Capstone Projects

The academic literature on the topic of legal alcohol sales is vast; from the effects on crime to population health outcomes. The economic development impact of alcohol sales, however, remains relatively unexplored. This research examines county-level data from the State of Arkansas between the years 2009 and 2014 in a cross-sectional time-series regression analysis to determine whether economic development benefits exist that can be attributed either directly or indirectly to legal alcohol sales. Ultimately, this study finds that alcohol sales are positively and significantly related with food service and accommodation employment as well as higher per capita personal income.


An Evaluation Of Lfucg Economic Development: Making Strides Towards Strategic, Performance-Driven Partnerships, Sarah Ausmus Smith Jan 2017

An Evaluation Of Lfucg Economic Development: Making Strides Towards Strategic, Performance-Driven Partnerships, Sarah Ausmus Smith

MPA/MPP Capstone Projects

Like many other municipal governments, Lexington utilizes a web of partnerships to support economic development. These relationships take many forms; LFUCG employs grants, tax incentives for businesses, and contracts with other organizations. Unlike some of its peers, though, LFUCG does not have a strategic plan in place to drive decision-making processes and sharpen its focus on outcomes. This report sets the foundation for future strategic management efforts by identifying opportunities and weaknesses that might be addressed by LFUCG through an environmental scan and establishing a performance management framework for existing contractual economic development partners. The key findings are as follows ...


The Role Of Place Image In Business Location Decisions, Candice Marie Clouse Jan 2017

The Role Of Place Image In Business Location Decisions, Candice Marie Clouse

ETD Archive

The location where businesses choose to locate or re-locate their businesses, also known as site selection, is an important policy matter for economic development practitioners and academics since significant amount of resources are spent in this area. As places spend a great deal of public dollars marketing their city, region, and state to potential investors and businesses, private sector dollars from business invest a significant amount on land, labor, and capital to get these new facilities and sites up and running. To date, most of the literature as it relates to place image and business site selection decisions examine traditional ...


Digital Divides: Past, Present, And Future, Maria Skaletsky, James B. Pick, Avijit Sarkar, David Yates Jan 2017

Digital Divides: Past, Present, And Future, Maria Skaletsky, James B. Pick, Avijit Sarkar, David Yates

Our House Book Chapters and Sections

The goal of this chapter is to introduce the concepts of the digital divide and to examine how they have changed, and continue to do so. We discuss opportunities for social and economic development that are possible as digital divides evolve from those of access, to use, to outcomes; and as access to personal computers, mobile devices, the internet, and other information and communication technologies (ICTs) is becoming more widespread. To illustrate the challenges to building an inclusive global information society, we compare digital development in Europe, Africa, Asia and other parts of the world. We also explore regional digital ...


Entrepreneurial Motivations And Characteristics Of Niger Delta Youths: An Exploratory Study, Anthony O. Aligba, Gene E. Fusch Jan 2017

Entrepreneurial Motivations And Characteristics Of Niger Delta Youths: An Exploratory Study, Anthony O. Aligba, Gene E. Fusch

Journal of Social Change

This article explored the lived experiences and perceptions of youths in the Niger Delta regarding the factors that influence the decision to become an entrepreneur. Drawing from the theories of motivation and planned behavior, the conceptual framework of this phenomenological study underscored the synergetic relationship between entrepreneurial motivations and characteristics. Using semistructured interviews to collect primary data, 20 youth small and medium enterprise owners shared their perceptions and lived experiences regarding their perceived entrepreneurial motivations and characteristics. The analysis and coding of data helped to identify emergent themes based on the modified van Kaam seven-step approach. The research findings revealed ...


Developing A Holistic Approach For Tackling Undeclared Work: Background Paper, Colin C. Williams Nov 2016

Developing A Holistic Approach For Tackling Undeclared Work: Background Paper, Colin C. Williams

Colin C Williams

What is a holistic approach to tackling undeclared work? A holistic policy approach towards tackling the undeclared economy uses in a strategic and coordinated manner the full range of both the direct and indirect policy approaches and measures available to increase the power of, and trust in, authorities respectively.
 
Direct approachesreduce the costs and increase the benefits of operating on a declared basis, and increase the costs and reduce the benefits of operating undeclared. To do this, it uses:
·      Deterrence measures that detect and punish participation in undeclared work firstly, by increasing the perceived or actual likelihood of detection ...


En_Final_ Diagnostic Report On Undeclared Work In Greece.Pdf, Colin C. Williams Sep 2016

En_Final_ Diagnostic Report On Undeclared Work In Greece.Pdf, Colin C. Williams

Colin C Williams

This diagnostic report evaluates the extent, nature and drivers of the undeclared economy in Greece followed by recommendations regarding how this sphere can be tackled.
 
Extent and nature of the undeclared economy in Greece
The size of the undeclared economy is commonly estimated to be equivalent to some 25% of GDP in Greece. A catalyst for its prevalence is the relatively high level of self-employment and large share of micro- and small enterprises. Micro enterprises with 1-9 employees represent 96% of all enterprises in Greece, employing 55% of the labour force (compared with less than 30% in the EU-28). Greece ...


Following The Money: An Analysis Of Foundation Grantmaking For Community And Economic Development, Keith Wardrip, William Lambe, Mels De Zeeuw Sep 2016

Following The Money: An Analysis Of Foundation Grantmaking For Community And Economic Development, Keith Wardrip, William Lambe, Mels De Zeeuw

The Foundation Review

The article challenges the perception among some in the field of community and economic development that small and socioeconomically distressed metro areas do not attract a proportional share of grant capital from the nation’s largest foundations.

The analysis presented in this article reviewed nearly 169,000 community and economic development grants made by the largest foundations between 2008 and 2013 to identify metro- area characteristics that are associated with higher levels of grant receipt.

The density of nonprofit organizations and the presence of large, local foundations are shown to be consistently significant predictors of grant receipt. After controlling for ...


The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee Aug 2016

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce ...


Encouraging Entrepreneurship: Resources Supporting Small Business Startup And Growth, Karen A. Eagle Apr 2016

Encouraging Entrepreneurship: Resources Supporting Small Business Startup And Growth, Karen A. Eagle

STEMPS Theses & Dissertations

Small business success drives the health of a local economy. The problem of this three phase mixed methods study was to encourage entrepreneurship by identifying the resources that support business startup and growth. In the first qualitative phase, the city business resource webpage was observed and 10 entrepreneurs were interviewed to identify which business resources were used for their recent startups. Using the data from the interviews, a survey instrument was developed for the Small Business Subcommittee (SBS) that was used in the second quantitative phase which included 351 business owners; 35% were women and 65% were men. The sample ...


Agricultural And Industrial Development Board (Sc 2993), Manuscripts & Folklife Archives Mar 2016

Agricultural And Industrial Development Board (Sc 2993), Manuscripts & Folklife Archives

MSS Finding Aids

Finding aid only for Manuscripts Small Collection 2993. Summary report for 1948 on the activities of the Agricultural and Industrial Development Board, an agency created by the Kentucky General Assembly in February, 1948 to survey, study and promote the state’s natural and man-made resources for future development.


Winthrop, Fount Of Knowledge: On University-Industry Knowledge Partnerships, Antje Mays Feb 2016

Winthrop, Fount Of Knowledge: On University-Industry Knowledge Partnerships, Antje Mays

Antje Mays

Rock Hill and York County economic development and revitalization vision includes raising local area skill sets to shift the economy toward tech and other professional areas, and interesting college graduates in staying in the area. This presentation will bring together employment research, evolving skill needs in growing industries in the local area’s economy, and education and training strategies in university settings.

Employers and educators alike widely converge on the need for industry-specific knowledge, technical competencies, academic foundations, analysis and synthesis, and a variety of soft skills including a spirit of inquiry, work ethic, communication and collaborative skills, and integrity ...


Marketing And Public Policy: Transformative Research In Developing Markets, Clifford J. Shultz, Rohit Deshpande, Bettina Cornwell, Ahmet Ekici Jan 2016

Marketing And Public Policy: Transformative Research In Developing Markets, Clifford J. Shultz, Rohit Deshpande, Bettina Cornwell, Ahmet Ekici

Clifford J Shultz

Developing markets are a challenge for researchers who study them and for governments, business leaders, and citizens who strive to improve the quality of life in them. The limitations of the dominant development paradigm coupled with the need to focus on consumers provide tremendous opportunities to engage in truly transformative research. Toward this outcome, several interactive forces must be understood and addressed during research design, management, and implementation. The purpose of this essay is to provide a synthesis—that is, a framework in the form of a conceptual model—with practical applications to transformative research in developing markets and, ultimately ...


The Evolving Role Of Electric Cooperatives In Economic Development: A Case Study Of Owen Electric Cooperative And Jackson Energy Cooperative, Whitney Prather Duvall Jan 2016

The Evolving Role Of Electric Cooperatives In Economic Development: A Case Study Of Owen Electric Cooperative And Jackson Energy Cooperative, Whitney Prather Duvall

Theses and Dissertations--Community & Leadership Development

In recent years, there has been a shift in among Kentucky rural electric cooperatives in regard to their stance on economic development. With this has been the employment of electric cooperative staff to help attract new industries and forge relationships with other local economic development-geared groups to facilitate growth. Cooperative businesses have historically proved their resilience and deep-rooted connections within the communities they serve. In exploring two similar-sized electric cooperatives in Kentucky located in two very different regions of the state, considering socio-economic status, and interviewing key informants with local affiliated economic development groups, it becomes evident that electric cooperatives ...


Development And Quality Of Life In Cities, Nate Peach, Luke Petach Jan 2016

Development And Quality Of Life In Cities, Nate Peach, Luke Petach

Faculty Publications - School of Business

Articulating the goals of economic development and defining quality of life has drawn the attention of influential thinkers from Socrates to Sen. Attempts to quantify and compare economies as they pertain to these concepts have largely focused on the macroeconomy. In this study, the Metropolitan Development Index is created to measure development and quality of life in large, urban areas in the United States. The researchers then test the sensitivity of city rankings to the data used in constructing the index. These tests indicate that the index is a substantive conception of development and quality of life. Additionally, the index ...


Embera Drua: The Impact Of Tourism On Indigenous Village Life In Panama, Amy Lethbridge Jan 2016

Embera Drua: The Impact Of Tourism On Indigenous Village Life In Panama, Amy Lethbridge

Dissertations & Theses

This case study examines the experience of residents of the Indigenous village of Embera Drua, Panama with 20 years of tourism. It addresses the lack of Indigenous voices in tourism literature by telling the story of Embera Drua through the lens of the villagers themselves. The study uses a mix of ethnographic observation and narrative inquiry and finds that the experience of Embera Drua mirrors the experience of other Indigenous villages offering tourism around the globe, particularly the impact of lack of community capacity on management and growth of such tourism initiatives. Findings of this study are relevant to the ...


Business Case Studies In Sustainability Practices, Sheri L. Lynch Jan 2016

Business Case Studies In Sustainability Practices, Sheri L. Lynch

Honors Undergraduate Theses

Protecting the environment for future generations is crucial. Although businesses are under strong pressure to support sustainability, many leaders find it challenging to meet the environmental needs of the present without negatively impacting their economic goals. This paper describes some methods that businesses have adopted to effectively manage environmental issues and offer an opportunity for competitive advantage. In particular, three case studies show ways that the companies have embraced and integrated sustainability into their strategic planning process, which helped them achieve growth and success in the context of social and environmental concerns. The paper shows how these businesses have chosen ...


Responses To Change In The Global Political Economy Of Innovation – The Role Of Sub-National States In Industrial Transition, Dan Herman Jan 2016

Responses To Change In The Global Political Economy Of Innovation – The Role Of Sub-National States In Industrial Transition, Dan Herman

Theses and Dissertations (Comprehensive)

This dissertation seeks to explore how sub-national levels of the state promote the development of new industrial sectors. To do so this dissertation builds on a series of theoretical perspectives on the role of the state in the economy and develops a unique view of how sub-national states coalesce and contrast within these perspectives. It does so through a series of empirical case studies focused on sub-national jurisdictions in North America that highlight diverse varieties of state actions that contribute, if not lead, industrial transitions and the development of new innovation-oriented industrial sectors. In so doing, the dissertation presents a ...


An Entrepreneurial Context For The Theory Of The Firm: Exploring Assumptions And Consequences, Arturo E. Osorio, Paul Donnelly, Banu Ozkazanc-Pan Dec 2015

An Entrepreneurial Context For The Theory Of The Firm: Exploring Assumptions And Consequences, Arturo E. Osorio, Paul Donnelly, Banu Ozkazanc-Pan

Articles

While entrepreneurship may be driven by personal interests and lifestyle choices, entrepreneurial actions are not only economically driven opportunity-searching processes but also enactments of social transformation that may or may not lead to socioeconomic benefits. We advance that exploring these entrepreneurial processes can inform a theory of the firm that may explain how socioeconomic processes shape the socioeconomic environment of communities while serving individuals. This article discusses several understandings of the firm, as theorized in extant literature. Guided by these different conceptualizations, we present a case study of an artist and artisan cluster in Western Massachusetts to demonstrate various understandings ...