An empirical analysis of the discontinuance of business for startup contractors and property companies in Japan

Author(s):  
Yukiko Konno

Purpose – The purpose of this paper is to examine the factors that affect the discontinuance of business of start-up contractors and property companies in Japan. It will help managers of start-up contractors and property companies to effectively manage their companies. Furthermore, it will be useful for stakeholders with links to start-up companies to analyse the credit risks associated with these businesses. Design/methodology/approach – This study uses data from the Japan Finance Corporation Business Startup Panel Survey to empirically examine the factors that affect the discontinuance of business of start-up companies. A binary logit model is used as the statistical method. Utilising the resource-based view theory, this study explores the relationships between resources and company capabilities at both start-up and discontinuance of business. Findings – Start-up contractors tend to discontinue their business, as managers grow older and when a sufficient workforce cannot be found at start-up. On the other hand, start-up property companies tend to discontinue business when securing of orderers is not sufficient at start-up. Originality/value – This study analyses start-up contractors and property companies and finds that factors that affect the discontinuance of business differ across construction and property industries, with each industry facing important, sector-specific issues.

2020 ◽  
Vol 9 (2) ◽  
pp. 173-188
Author(s):  
Helene Ilkjær ◽  
Mette My Madsen

PurposeThis article engages the concept of tests–here understood as social tests of collaborative abilities in the interdisciplinary teamwork–to examine how they are central to an applied anthropologist's positioning and influence within an organization.Design/methodology/approachPresented as an auto-ethnographic methodological exploration, the article takes its point of departure in ethnographic material from the work by Helene Ilkjær as an Industrial Postdoc with an interdisciplinary team of engineers, scientists and designers in a Danish technology start-up company.FindingsWithin this ethnographic context, the article examines not only the case of “the manual” to unfold how the dynamics of careful development but also notorious circumvention of manuals came to serve as social tests–moments that fundamentally changed the anthropologist's position within the interdisciplinary team. Analytically, the manual serves as a prism through which it explores the slippery and negotiable nature of the anthropologist's professional position as an Industrial Postdoc–suspended between anthropology “for” and “of” the company, officially employed by the company while also engaged in academic research.Originality/valueThe article offers anthropologists a tool to visualize the different movements and placements within continua of professional positionality while working as applied researchers with(in) private sector organizations.


2020 ◽  
Vol 58 (1) ◽  
pp. 98-111 ◽  
Author(s):  
Hiroko Nagano

Purpose The resource-based view (RBV) has not previously been conceptualized as a theoretical framework encompassing metaphysical and empirical perspectives. The purpose of this paper is to logically analyze the evolutionary process of the RBV, triggered by “rigidity.” It attempts to clarify the significance and limitations of the RBV. Design/methodology/approach Based on Popper’s methodological model of the growth of knowledge, the study analyzed and evaluated the evolution of the RBV. Findings The RBV has evolved in three phases. The sub-problems have changed through empirical testing on the basis of one metaphysical problem and one metaphysical theory. Thus, the evolution may indicate progress within one framework. However, during phase 3, the ambiguity of concept may inhibit the growth of knowledge. For further progress, it is necessary to overcome the vulnerability of the RBV’s metaphysical statements. Research limitations/implications This paper shows the possibility of the growth of knowledge within the RBV framework and for a new framework to emerge due to its limitations. It should contribute both theoretically and practically to the field of strategic management. Originality/value Popper’s model was used to examine a previously neglected topic, namely, the growth of knowledge in the evolution of the RBV. Moreover, considering “rigidity” as corresponding to a process of error elimination is a novel approach, clearly revealing the dynamism of the RBV’s evolution.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Walter Amedzro St-Hilaire

PurposeThe article broaches the important topic of the relationships between governance operationalizations and productivity at the start-up level. It proposes a new approach to reconnect the contingency factors to the optimization of productivity. This helps us to identify the changing characteristics that influence the determinants of decisions, actions and management of the technological projects of the mainly innovative enterprises.Design/methodology/approachThe study uses techniques that effectively solve unobserved endogeneity and heterogeneity problems in enterprises: an empirical–structural design. With this method, this study enables rich empirical conceptualization and helps with extending theory. However, there is a need to further the research by taking into account the system analysis and the complexity of the research object: one of the options might be to explore a possible follow-up of the research through drawing on ethnostatistics and qualimetrics.FindingsThe analysis reveals that the phenomenon of technological project productivity in operational governance context is thus manifested by the coexistence of the applied governance configuration variables, the contingency factors operationalization, the optimizing productivity mechanisms and this with the secular innovation and stagnation and stagnation. Ceteris paribus, the governance operationalizations have an important role in the productivity of technological projects of the innovative enterprises.Originality/valueThis research is the first to mobilize as major determinants of the operationalization of governance, the oversight of the capital, the dividend strategy and the system control, the managerial follow-up, the detection of opportunistic behaviours and the application of governing incentives (among others) as governance configuration variables in order to highlight their interactions with productivity in the innovative firm technological projects. For this reason alone, the paper will be referenced by other authors in the future.


2019 ◽  
Vol 25 (6) ◽  
pp. 1368-1388 ◽  
Author(s):  
Pekka Stenholm ◽  
Mette Søgaard Nielsen

Purpose Recent research acknowledges entrepreneurial passion’s outcomes, but far less is known about how entrepreneurial passion comes about. In this study, the authors are interested in the emergence of entrepreneurial passion, and how competences and social network are associated with entrepreneurial passion. The paper aims to discuss these issues. Design/methodology/approach The authors investigate whether entrepreneurial passion emerges out of socialisation, entrepreneurial experience or various combinations thereof. The authors tested the hypotheses on a data set of entrepreneurs who started their businesses with government financial support (n=1150). Findings The findings show that within a social environment, perceived emotional support is positively associated with entrepreneurial passion. Moreover, entrepreneurs’ task-related competence moderates this relationship positively. By investigating the emergence of entrepreneurial passion, the authors contribute to prior passion literature, which has mainly focused on its consequences. Originality/value The findings demonstrate both how entrepreneurial passion is associated with and how perceived emotional support can stem from unexpected sources, such as from a government-based start-up grant. For entrepreneurs, an increased awareness of passion’s emergence could better encourage them in their entrepreneurial endeavours. To people who are engaged in promoting entrepreneurship, our findings emphasise the symbolic and emotional aspects of instruments intended to support entrepreneurship.


2019 ◽  
Vol 12 (4) ◽  
pp. 429-446
Author(s):  
Jessica Nunes de Alcântara ◽  
Gideon Carvalho de Benedicto ◽  
Sabrina Soares da Silva

Purpose The purpose of this paper is to identify organizational and industrial characteristics of publicly traded Brazilian firms with sport and cultural sponsorships. Design/methodology/approach Secondary data, as organization variables and industry level variables, were sourced from Economatica®. The data were analyzed using logistic regression. Findings Both size and asset profitability were associated with a sponsorship strategy. Both industry concentration and company size are positively related to both cultural and sport sponsorship strategies. Research limitations/implications The findings in this paper provide support to resource-based view and SPC theories. The notable limitation of the study is the reliance on non-standardized social reporting. Originality/value This paper fulfills an identified need to study the importance for sponsorship to companies’ performance. The adoption of sponsorship strategies has been growing in Brazil and becoming more and more important for sponsor companies’ performance and in developing these industries, sport and creative. Through culture and sports, companies try to add value to their brands, delivering a socially responsible image to the audience.


2019 ◽  
Vol 9 (3) ◽  
pp. 305-320
Author(s):  
Gessuir Pigatto ◽  
Giuliana Aparecida Santini Pigatto ◽  
Eduardo Guilherme Satolo ◽  
Amanda dos Santos Negreti

Purpose The purpose of this paper is to analyze how Brazilian food companies in the State of São Paulo determine the importance of and the need to adapt their internal resources as a competitive advantage for internationalization. Design/methodology/approach From a resource-based view (RBV), 35 different factors grouped into four categories were identified and presented to 24 companies. The data were analyzed through a gray relational analysis to establish all factors’ order of importance. Findings Factors linked to human and organizational resources present greater adaptability and allow companies competitive and sustainable advantages but have not yet been explored thoroughly. Identifying and adapting internal resources do not guarantee achieving competitive and sustainable advantages, as the access to international market is also a consequence of commercial agreements developed by countries and economic blocks. Practical implications The analysis highlights the fragility of competitiveness among the companies analyzed in exporting products with commodity characteristics, with none or little differentiation. Such products are traded mainly through trading companies, which allow the access of the same market to internal competitors and other countries. Thus, any lapse promoted by the company may be enough for it to lose its competitiveness and, hence, market space. Originality/value This paper stands out in the field of strategic management, specifically in the research on RBV, exportation and competitiveness, by making use of the theory of gray correlation system in an innovative and original way.


Author(s):  
Luís Farinha ◽  
João Lopes ◽  
João Renato Sebastião ◽  
João José Ferreira ◽  
José Oliveira ◽  
...  

Purpose This paper aims to understand how the different stakeholders assess the adequacy of smart specialization policies defined for their regions. Design/methodology/approach This paper has followed a quantitative methodology through the application of questionnaire surveys to stakeholders of the various territorial regions in Portugal. Findings As a result, from the “resource-based view” approach applied to the various regions, the attained results highlight that the suitability of smart specialization policies defined for the Portuguese regions is not unanimous among its stakeholders. Originality/value The research can be used as a tool to assist regional policymakers in strategic reflection when defining and adjusting smart specialization strategies in their territories.


2020 ◽  
Vol 15 (1) ◽  
pp. 99-119 ◽  
Author(s):  
José López Rodríguez ◽  
Bill Serrano Orellana

Purpose The purpose of this paper is to investigate the effects of firms’ general and specific human capital on the export propensity and intensity. Design/methodology/approach The resource-based view of the firm provides the theoretical background to examine export performance. Empirical analysis is carried out using a national representative sample of Spanish manufacturing firms and employing Logit and Tobit models. Export performance is evaluated in a dual way, as export propensity and export intensity. In relation to human capital a distinction is made between general and specific human capital. Findings The results shown that differences exist in the effect of general and specific human capital. While the firms’ general human capital (education of the firm’s employees) affects both export propensity and intensity, only some dimensions of specific human capital (employees’ experience at the workplace) affects export propensity and intensity but no the employees’ training. Moreover, the firms’ general human capital generates greater changes than the effect of specific human capital on the export behavior. Originality/value This paper extends a line of research underexplored in the literature by analyzing the effect of organizational human capital on the firm’s export performance; moreover, it is the first study for Spanish manufacturing firms; the distinction between general and specific human capital enhances our comprehension of the human capital as a determinant of export performance. In relation to the specific human capital, besides training, we add a new variable related to experience at the workplace.


2016 ◽  
Vol 32 (4) ◽  
pp. 5-7

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Special interests guided the interpretation of ambiguous evidence. The study reveals a need for an increased awareness of the difficulties related to measuring entrepreneurial activity in general and start-up and growth rates for new firms in particular. What seems to be convincing evidence and recommendations at first glance may well contradict other evidence and recommendations, thus calling for further elaboration and discussions with experts and stakeholders before major policy decisions are made. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2014 ◽  
Vol 35 (5) ◽  
pp. 594-612 ◽  
Author(s):  
Chiara Mussida ◽  
Enrico Fabrizi

Purpose – The purpose of this paper is to shed light on transitions from the state of unemployment to that of employment and of inactivity in Italy and Spain. Design/methodology/approach – First, the paper investigates the determinants of unemployment outflows in these two Mediterranean labour markets. Then, the paper examines discrepancies and similarities between specific outflow determinants, especially the interactions between gender and marital status, by comparing results obtained across countries. Findings – The findings of the paper suggest that gender and marital status influence the probability of unemployment outflows in both countries, although not in the same way, especially with reference to marital status. Discrepancies also emerge in relation to the role of geographical area of residence. Originality/value – International comparisons of unemployment outflows are rather new in the literature, and as far as we know none have been performed using European Union Statistics on Income and Living Conditions data. Further, although studies quite often examine the issue of gender-related labour mobility using the European Community Household Panel survey that took place in the 1990s (Arulampalam et al., 2007; Garcia Pérez and Rebollo Sanz, 2005; Theodossiou and Zangelidis, 2009), one of the main contributions of this paper is that it provides a systematic examination of the issue, considering the influence of gender and marital status differences on patterns of unemployment outflows to employment and inactivity.


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