Ganesaraman Kalyanasiindaram
Published: April 30, 2018
In an entrepreneurial ecosystem, the failure rate of startups is extremely high at 90%, and every startup that fails becomes an orphan. This phenomenon leads to higher costs of failure for the entrepreneurs in the ecosystem. Failed startups have many lessons to offer to the ecosystem and offer guidance to the potential entrepreneur, and this area is not fully explored compared to the literature on successful startups. We use a case based method distinguishing a failed startup and a successful startup, studying the entrepreneurial characteristics and firm level factors which cause the failures, in the technology startup ecosystem of Bangalore. …
Mlaabdal Saady Mahmood Abaas
Oleksandr Kubatko
Oleksandr Kubatko
Olena Chygryn
Published: Oct. 8, 2018
This paper examines the economic relationships between oil price volatility and socially-economic development of 14 Organization of the Petroleum Exporting Countries (OPEC) using the annual panel data for the period 1990–2014 obtained from the World Bank (WB) statistical data sets. Hausman specification test has been performed to choose the method of panel data analysis, and the results were in favor of fixed effects estimation. The main findings indicate the direct relationship between economic growth and oil price volatility. The research supports the hypothesis that an increase in crude oil prices is positively related to GDP, and a 10% increase in …
Leonid Melnyk
Tetyana Pimonenko
Iryna Dehtyarova
Lina Sineviciene
Oleksii Lyulyov
Published: Feb. 14, 2018
T he main objective of this research is to study the role and impact of fiscal decentralization on the macroeconomic stability of the country. The paper analyzes and systematizes approaches to the definition of ‘macroeconomic stability’ concept. T he key factors that impact macroeconomic stability are identified. In the framework of this research, the authors identify fiscal decentralization as one of the factors affecting macroeconomic stability. To determine the strength and statistical significance of the above mentioned relationship, the authors suggest presenting macroeconomic stability as a functional dependency between macroeconomic stability and the level of fiscal decentralization, which is described …
Ekaterina Protcko
Utz Dornberger
Published: Nov. 19, 2014
The article provides a direct test of the applicability of a western paradigm to Russia – a country with a different cultural and economic system. This article aims to give knowledge-intensive companies in Tatarstan (Russia) a better understanding about influence of their level of market orientation on business performance. This study validated Kohli and Jaworski’s market orientation scale in knowledge-intensive industries, particularly in small and medium knowledge-intensive companies in Russia. The findings show that the market orientation has a positive impact on nancial and non-financial business performance in knowledge-intensive industries. It is important for hi-tech companies to improve their performance …
Simon Radipere
Shepherd Dhliwayo
Published: Oct. 21, 2014
This study examines the effect that age and business size have on business performance. A structured research instrument was used to collect data from 500 SMEs in retail industry through interviewer administrated and selfadministrated survey and 93% of questionnaires were returned. The results show that there is no statistical significant difference between the means of business size and business performance. There is no significant difference between the age categories; under one year and 20 years and more and business performance. Age is no longer a significant factor in a company’s performance after twenty years. Life cycle approach of the company …
Rainer Lueg
Lina Malinauskaite
Published: Oct. 19, 2014
The present study highlights the importance of alignment between a business model (BM) and business processes. The authors employ a case study method and analyze a young company focused on R&D in high technology. In order to explicate the observations, the researchers invoke the newly developed ‘VIP framework’ (Solaimani and Bouwman, 2012). The research reveals that the business processes (BP) carried out in the company must fit the stated business model. The case study demonstrates how some of the processes are not optimal and efficient, and that the two main requirements for achieving a higher level coherence and consistency between …
Thea Visser
Evelyn Chiloane-Tsoka
Published: Dec. 15, 2014
The South African government recognizes the importance of entrepreneurial activity as a means of energizing the country’s economy and encouraging growth and development. The rapid growth in family businesses in South Africa can be attributed to the rationalization process taking place in many large organizations, as well as to the growing inability of the informal sector to create new jobs. However, the contribution of family businesses to socio-economic growth has never really received sufficient attention. This article expands on the work of previous family-business literature in South Africa. From the literature, there is evidence of family-business failure which is due …
Agus Arifin
Yolanda Rakawati
Fauziah
Taufik Ridwan
Published: Jan. 1, 2020
The development of the savings and loan cooperative system today needs an increase that can make the system even better and correct according to the rules and laws of the Republic of Indonesia. The current cooperative system provides many loans and savings so that to make a good system it must do research that discusses it. Thus in this study discusses how the analysis of the development of cooperative systems in the savings and loan units of the cooperative of the Republic of Indonesia prosperous employees of Cirebon district, in this study explained how the process and review of the …
Oksana V. Vaganova
Svyatoslav V. Yevdokimov
Natalia E. Solovjeva
Published: Jan. 1, 2020
Agriculture is one of the most important priority sectors of the national economy, which provides the country's foodsecurity. But there are many problems in the activ-ities of agricultural producers, connected to the general taxation regime and the large tax burden.The purpose of this article is to study the current Unified Agricultural Tax (UAT), identify the positive and negative aspects of the application of these special tax re-gimes, as well as identify the main instruments of state support for agricultural pro-ducers.The problems that were solved during the writing these work were to substantiate the feasibility of Unified Agricultural Tax introduction for …