Theory and practice of the evolutionary networks of potential in a family business succession DOI Creative Commons
Zdeněk Mikoláš, Marek Matejun

Journal of Economics and Management, Journal Year: 2023, Volume and Issue: 45, P. 345 - 373

Published: Jan. 1, 2023

Aim/purpose – This paper aims to introduce and describe a new paradigm (model) of evolutionary dynamism family business potential in the succession process its empirical simulation enterprises from culturally close “post-socialistic” coun- tries: Czech Republic Poland. Design/methodology/approach The conceptual basis for developing model was our research on sample 235 small medium-sized A practical experimental simu- lation carried out 12 19 Polish companies. Findings proposed is based economic natural laws, including opti- mization proportions golden ratio, laws time economics, theory innovation, “Moore’s law.” allows us simulate analyze pace accelerat- ing innovation cycles intergenerational changes process. Research implications/limitations social industrial revolution 5.0 getting near global economic, social, cultural, ecological, other contemporary turbu- lences, built “microcosm optimization” living matter, having two extreme marginal variants subsequent (evolutionary) development business: (a) an option “harmony” or (b) “tragedy.” One limitation general nature, making it sensitive outlier cases. Originality/value/contribution provides valuable analytical guidelines significantly highlights role intra- dynamics this It also represents novel approach as- sessing predicting longevity as well opportunity mixed entrepreneurship. Keywords: Family entrepreneurship, business, succession, potential. JEL Classification: L26, M21, O31, P47

Language: Английский

Supply chain capabilities matter: digital transformation and green supply chain management in post-pandemic emerging economies: A case from Egypt DOI
Ahmed Hamdy

Operations Management Research, Journal Year: 2024, Volume and Issue: unknown

Published: April 5, 2024

Language: Английский

Citations

11
Unpacking the optimistic mindset of business students towards entrepreneurship DOI Creative Commons
Haoran Ma, Ali Junaid Khan, Sana Fayyaz

et al.

PLoS ONE, Journal Year: 2024, Volume and Issue: 19(2), P. e0297868 - e0297868

Published: Feb. 15, 2024

Entrepreneurial ventures are established in large numbers China. The success rate of these entrepreneurial is lower than that new startups. Mismanagement and a lack creative skills among entrepreneurs cited as reasons for failure current study investigates the impact networking venture intention on China, with psychological capital optimism serving moderators. 483 responses were collected from business students China data analysis. findings reveal moderating role optimism, significant. theoretical framework this research has novelty it introduces relationships model success. Practically, revealed can be achieved networking, capital, intention. directions point out additional gaps literature scholars should discuss subsequent studies.

Language: Английский

Citations

8
Brewing at the time of COVID: the impact of the pandemic crisis on UK craft breweries and its implications for the sector and local economies DOI Creative Commons
Ignazio Cabras, Ekaterina Shakina, Nadine Waehning

et al.

Regional Studies, Journal Year: 2023, Volume and Issue: 57(10), P. 1937 - 1953

Published: Feb. 20, 2023

Formulae display:?Mathematical formulae have been encoded as MathML and are displayed in this HTML version using MathJax order to improve their display. Uncheck the box turn off. This feature requires Javascript. Click on a formula zoom.

Language: Английский

Citations

14
Governance considerations and non-linear international scale-up behaviour among INVs DOI Creative Commons
James M Crick, Dave Crick, Shiv Chaudhry

et al.

International Small Business Journal Researching Entrepreneurship, Journal Year: 2023, Volume and Issue: 41(6), P. 647 - 681

Published: Aug. 28, 2023

Underpinning this instrumental case study is an effectuation lens. It investigates how a firm’s governance affects decision-making within international new ventures (INVs), which rapidly withdrew from markets abroad, regarding their re-internationalisation activities. Interviews with founding owners, exhibiting growth-oriented objectives, provide unique insights combination of and causation-oriented decision-making. In comparison to earlier studies that focus on the role mind-set management team, findings suggest stakeholders like angel investors may exhibit influence certain INVs’ internationalisation decisions. Some decision-makers view risks/rewards against objectives in subjective ways ‘loss credibility’ ‘fear missing out,’ rather than simply economic terms growth. New light shed importance validating internationalised business models ability pivot product-market strategies. Non-linear scale-up behaviour include temporary domestic market potentially re-internationalising different countries targeted prior de-internationalisation.

Language: Английский

Citations

14
Turning entrepreneurial networks into business model innovation for start-ups DOI
Sha Xu, Xiaojie Wu, Jie He

et al.

Management Decision, Journal Year: 2024, Volume and Issue: 62(4), P. 1395 - 1423

Published: Feb. 10, 2024

Purpose Although it is acknowledged that entrepreneurial networks play a crucial role in fostering business model innovation (BMI) for start-ups, unclear how and when these affect BMI. This research developed moderated mediation to explore the impact of on BMI start-ups examined dual mediating effects causation effectuation, as well moderation environmental dynamism. Design/methodology/approach The proposed framework was tested by hierarchical regression analyses bootstrapping using samples 248 China. Findings results showed significantly positively impacted start-up Causation effectuation played roles between Furthermore, networks-effectuation-BMI association more substantial highly dynamic environments, whereas networks-causation-BMI relationship unaffected. Research limitations/implications There are several theoretical contributions resulting from this research. findings offer new insights understanding antecedents network perspective. adds growing literature resource orchestration (RO) exploring influences management. investigation revealed boundary condition testing moderating influence Practical implications Start-ups must effectively use external resources embedded within advance Start-up entrepreneurs should apply transform into dynamically manage response ever-changing conditions. Resource acquisition management can vary their under different contexts. Originality/value Unlike previous focused internal organizational factors, study highlighted critical importance prerequisite achieving BMI, contributing open resource-based view. Examining illustrated bridging strategic decision-making logic connecting value creation, developing RO literature. dynamism explored, clarifying benefits differing situations. A reconciling contradictory concerning provided.

Language: Английский

Citations

5
Predictions through Lean startup? Harnessing AI-based predictions under uncertainty DOI Creative Commons
Santo Raneri, Fabian Lecron, Julie Hermans

et al.

International Journal of Entrepreneurial Behaviour & Research, Journal Year: 2022, Volume and Issue: 29(4), P. 886 - 912

Published: April 6, 2022

Purpose Artificial intelligence (AI) has started to receive attention in the field of digital entrepreneurship. However, few studies propose AI-based models aimed at assisting entrepreneurs their day-to-day operations. In addition, extant from product design literature, while technically promising, fail methods suitable for opportunity development with high level uncertainty. This study develops and tests a predictive model that provides infrastructure automated testing. Such an approach aims harnessing technologies keeping ability respond unexpected. Design/methodology/approach Based on effectuation theory, this identifies AI-based, phase “build-measure-learn” loop Lean startup. The component, based recommendation algorithm techniques, is integrated into framework considers both prediction (causal) controlled (effectual) logics action. performance so-called active learning build-measure-predict-learn evaluated data set collected case study. Findings results show can predict desirability newly implemented decisions (PDDs) context product. main advantages, addition performance, are detect cases where predictions likely be less precise easy-to-assess indicator desirability. found deal uncertainty threefold way: epistemological expansion through accelerated gathering, ontological reduction by revealing prior “unknown unknowns” methodological scaffolding, as accommodates practices. Originality/value Research about using AI entrepreneurship still nascent stage. paper serve starting point new research techniques infrastructures aiming support work also encourage theoretical developments, building causation, better understand startup practices, especially when supported accelerating entrepreneurial process.

Language: Английский

Citations

20
Digital Integration and Entrepreneurial Success: Examining Causation and Effectuation in Rural South China DOI

Ningyu Bei,

Weining Li, Liebing Cao

et al.

Journal of the Knowledge Economy, Journal Year: 2024, Volume and Issue: unknown

Published: March 20, 2024

Language: Английский

Citations

4
The Performance of Decision-Making Strategies in SME Internationalization: The Role of Host Market’s Institutional Development DOI
Martin Johanson, Luis Oliveira

Management International Review, Journal Year: 2024, Volume and Issue: 64(2), P. 303 - 335

Published: April 1, 2024

Language: Английский

Citations

4
Entrepreneurial networks, effectuation and business model innovation of startups: The moderating role of environmental dynamism DOI
Sha Xu, Jie He, Alastair M. Morrison

et al.

Creativity and Innovation Management, Journal Year: 2022, Volume and Issue: 31(3), P. 460 - 478

Published: July 18, 2022

The effects of entrepreneurial networks and effectuation on business model innovation (BMI) are widely recognized. However, the existing researches focus driving (external factor) (internal BMI separately. Few studies explore combination internal external drivers. Consequently, how networks' resource translates into in start‐ups remains unclear. Based RBV, this research explored impacts through dynamic environments. A survey 408 China reveals that (1) have positive BMI. Particularly, network size strength positively impact (2) Effectuation plays a mediating role relationship between (3) Environmental dynamism strengthens findings enrich theoretical understanding relationships among networks, provide practical implications for start‐up

Language: Английский

Citations

18
What Does Not Kill You Makes You Search: The Effects of Failure Threat and Self-Evaluation on Entrepreneurs’ Ego Networks DOI Creative Commons
Xi Chen, Bat Batjargal

Entrepreneurship Theory and Practice, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 14, 2025

Social network theory suggests that social networks, particularly diverse ones, are crucial for entrepreneurial resource acquisition and success. However, previous research has found entrepreneurs do not necessarily develop networks but tend to associate with similar others closed networks. Building on problemistic search perceptual control theory, we propose as developing consumes cognitive time resources, more likely so when they face failure threats evaluate themselves able address the threats. An experiment 155 in China threat increases entrepreneurs’ diversity this effect is attenuated by self-affirmation. A longitudinal survey of 153 showed whose self-worth contingent upon business success rich structural holes short term dense long term, these effects self-efficacy. These findings highlight motivational factors driving contribute theory.

Language: Английский

Citations

0