Business Commons^™

"First Of It's Kind", Adenike Oyebanjo

Adia Coleman

Practice Lean! Implementing Technology-Driven Lean Six Sigma In A Law Firm, Frank A. Urbanic

frank a urbanic

No abstract provided.

Evolving Chineseness, Ethnicity And Business: The Making Of Ethnic Chinese As A 'Market-Dominant Minority' In Indonesia, Chang Yau Hoon

Chang Yau HOON

No abstract provided.

Introduction: Coping With Change - Understanding Ethnic Chinese Business Behavior, Chang Yau Hoon

Chang Yau HOON

No abstract provided.

Under The Rust Belt Revealing Innovation In Northeast Ohio, Thomas Bacher

Thomas Bacher

Many areas of the Midwest faced economic challenges after large manufacturing industries, that once operated with three shifts, cut back or went out of business completely. Northeast Ohio was not immune to this downturn and experienced major declines in its population base and tax revenue streams. How could the area recover? This work looks at the post-manufacturing business climate in Northeast Ohio whose major cities, Cleveland, Akron, and Youngstown, were faced with re-inventing themselves and their industrial bases. Using an interview format, the book details how entrepreneurs saw opportunities to develop services and products in the area. Their stories illuminate …

Corporate Social Responsibility: Why Bother?, Lars Isaksson, Timothy Kiessling, Michael Harvey

Lars Isaksson

Corporate Social Responsibility (CSR) is not a new concept, but unfortunately has been defined in so many ways, it is often misinterpreted. In fact it has had 40 years to evolve from a somewhat infant concept to a successful managerial tool to build a company's reputation in the global market arena. Corporate social responsibility has become corporate strategic responsibility - an imperative element of corporate global business strategies. Many leaders, entrepreneurs, investors, executives and politicians now recognize CSR's potential for differentiation and positioning in the global marketplace. In the 21st century, we find CSR to have a remarkable acceptance among …

Family Firms And Entrepreneurship: Contradiction Or Synonym?, Sascha Kraus, Justin Craig, Clay Dibrell, Stefan Mark

Justin B. Craig

Extract: This Journal of Small Business and Entrepreneurship (JSBE) Special Issue was motivated by increasing intellectual curiosity from within the entrepreneurship academic community to study entrepreneurial phenomenon in a family business context. Family enterprises dominate the commercial landscape in all economies, and interest in the unique challenges facing this business genre is growing. In many family firms, ownership and management are maintained across several generations, and a key challenge for long-term survival is to sustain the entrepreneurial spirit of the founding generation of entrepreneurs (Littunen and Hyrsky, 2000). All firms regularly need to renew their way of doing business in …

Intangible Capital In A Real Business Cycle Model, Kashif Malik, Syed Ali, Ahmed Khalid

Ahmed Khalid

Recent empirical studies have shown that intangible capital plays an important role in explaining productivity gains that have occurred during the last two decades. By introducing intangible capital in an otherwise standard theoretical real business cycle model, this paper aims to provide a theoretical foundation of the empirical findings. Our results indicate that investment in intangible capital is pro-cyclical. Both transitory aswell as permanent productivity shocks increase investment in intangible capital. However, in case of a permanent technology shock we learn that firms allocate more labor and physical capital to the creation of intangible capital which increases future profits at …

Teaching Llcs Through A Problem-Based Approach, Michelle M. Harner, Robert J. Rhee

Robert Rhee

Case studies and case simulations can be used to teach LLCs with an eye toward training business lawyers. These tools can be used in the traditional four-credit Business Associations (BA) course to supplement traditional teaching materials with mini-case studies that accent and apply analysis of primary legal sources. Alternatively, case studies and case simulations can be the centerpiece of a specialized course on LLCs. We discuss both approaches in this short essay.

Deal Deconstructions, Case Studies, And Case Simulations: Toward Practice Readiness With New Pedagogies In Teaching Business And Transactional Law, Michelle M. Harner, Robert J. Rhee

Robert Rhee

In this short commentary, we explore the use of two interrelated pedagogical methods for teaching transactional and business law. The first method is deal deconstruction, which analyzes the set of final deal documents and outcomes. This method is backward-looking, conducting a post-mortem on business transactions and analyzing the parties’ choices memorialized in the agreement against the legal and financial alternatives. The second method involves case studies and simulations, which are commonly seen in business schools. This method is forward-looking, exposing students to the uncertainties and situational contexts of doing deals and deal-related litigation. Together, these complementary methods help students understand …

Accountability And Stewardship Of Family Business Entities, Keith Duncan, Ken Moores

Keith Duncan

This chapter explores whether current accounting technology fulfils the stewardship and accountability information needs of family business owners. As the influences on contemporary accounting are both conceptual and contextual we frame our discussion in terms of both the knowledge foundations of accounting, as informed by various conceptions of the firm, and stakeholder theory. We posit that if prevailing conceptions of the firm impact the knowledge foundations of accounting, and subsequently the nature and form of accounting practice, then it is the conceptions of influential stakeholders that can define the accounting change agenda and affect contemporary accounting practice. We use extant …

The Invisible Hand Of Business Strategy Processes: Culture, Power And Politics In Stragegy In A Developing Country, Ananda Wickramasinghe

Ananda Wickramasinghe

This paper argues the reasons for limited compatibility of western strategic approaches with production relations in Sri Lankan tea plantation sector from findings of case study research. Reasons for this include the great diversity within the sector in relation to key issues including caste and class, ethnic groups and their political groupings, and in particular to modes of production which span traditional, capitalist and state capitalist models. Managers in developing countries struggle to assimilate such prescriptive perspectives and frameworks into their firms in response to external pressures. This suggests strategy research needs to be informed beyond generalised strategy and national …

Further Developments In Knowledge Business Modelling - An Inverse Extension Of The Quality Triangle, Lee Styger

Lee Styger

Business Modelling has traditionally been poorly executed leading to. This has led to the introduction of partial analysis and detrimental outcomes. There is a long held axiom that, since all business are different, then all business systems are different and as such, no two rules are the same. Early experimentation in "chunking down" classic business models has demonstrated that it is possible to reduce complex concepts into single, almost binary, rules. This paper discusses further developments of the Quality Triangle moving towards Knowledge Business Modelling.

Repositioning The Business Of Sustainable Manufacturing, Lee Styger

Lee Styger

The current contextual reference of sustainable manufacturing has typically been influenced by contemporary and academic literature to a point where a myopic view could be said to exist, that places the concept of sustainability outside that of commercial operating principles. Furthermore, recent decisions concerning supply integration and commissioning are typically being based around issues such as short term risk mitigation, and early steps towards developing protocols focused on corporate social responsibility introduce further pressure into businesses, that could lead to a significant hiatus in operating efficiency. Recent research has indicated that in many cases, supply networks are fragmented and lack …

The Design Of Teaching Protocols That Develop Creativity, Innovation And Innovative Thinking Within Higher Education Business Schools - A Transfer Of Best Practice From Design And Engineering Education Principles, Lee Styger

Lee Styger

Typically, the construct of innovation within business education has focused around the concept of developing innovative and creative leaders of business. This is particularly so in the higher educational fields and specifically so within the context of the global market positioning of many MBA programs currently. However, in many cases, it would appear that business schools are typically embarking on a journey of curriculum development from the point of the core teaching of business methodologies (i.e. silo thinking), rather than incorporating best practice from other disciplines such as those found in leading design and engineering education, where, for example, applied …

An Identification Of The Current Constraints Of Knowledge Business Modelling As A Strategic Decision Making Tool, Lee Styger

Lee Styger

Business models are widely used and it might be argued, have an important role to play in assisting users to develop, plan and analyse their organisations better. Typically, many business models are however poorly understood and executed by their users. This often leads to inappropriate decision making and the wrong strategic direction being implemented. There are complex and interrelated factors for the poor execution of business modelling, however, some of the key influencing factors include, lack of training, a disassociation of the graphical representation from the narrative, and the lack of formal rules in the use of the business models. …

Assessing The Effectiveness Of Research Management In Australian Commerce And Business Faculties: The View From Within, Mark Rix, David Aylward, Rob Macgregor, John Glynn

Mark Rix

No abstract provided.

The Tax Offset For Entrepreneurs: A Critical Review Of The 25% Tax Offset Concession For Small Business, John Mclaren

John McLaren

From 1 July 2005, small business taxpayers using the Simplified Tax System and with a turnover of $50,000 or less are allowed a tax offset of 25 per cent on their tax payable. If turnover exceeds $50,000, the tax offset phases out at 1 per cent until the turnover reaches $75,000. This tax concession was part of the government's election statement made on 26 September 2004 in which the government stated that it wanted to assist and encourage small business entrepreneurs, particularly those set up from home. The steps involved in calculating the amount of tax offset that can be …

Extending And Accelerating Global Business-Education Partnerships, Dylan Kissane, John Farrell

Dylan Kissane

Senior management in contemporary graduate business education must respond are the trends that are leaving a marked impact on the traditional business models of business schools. Key stakeholders in the business education ecosystem, including the students, the corporate employers and the business schools themselves, demand more of graduate education in order that their respective careers flourish, future employees have the requisite skills and experience, and business education institutions survive. Yet as in any system, survival is but a minimum requirement; successful programs seek not only to survive but to thrive, embracing the change that these three trends place on graduate …

Teleradiology: The Perks, Pitfalls And Patients, Samuel D. Hodge Jr., Coryell Barlow

Samuel D. Hodge Jr.

The business side of medicine is driven by profits and changes have been implemented to achieve this goal with the utilization of such things as electronic medical records, e-prescriptions, the increased use of generic drugs and the reduction in the number of diagnostic imaging and blood tests ordered. A less well known change is teleradiology, the ability of health care providers to transmit radiological images, like X-rays, CT Scans and MRIs, from one location to another for diagnostic or consulting purposes. The premise is that a radiologist can diagnose images remotely from anywhere in the world as long as there …