Micro-Start-Ups Financial Capital And Socio-Economic Performance: In A Poor Financial Resource Setting

Ongoing downsizing in the media sector has sparked a new start-up culture in the field of journalism. Over the past few years an increasing number of news organizations seeking to leverage social and symbolic rather than financial capital and cultivate employee as well as audience loyalty have entered the market (Wagemans, Witschge and Deuze, 2016). This paper examines El Diario (eldiario.es) and El Confidencial (elconfidencial.com). Qualitative methods involving the on-site observation in their newsrooms and semi-structured interviews with their journalists were employed. Findings indicate that both see themselves as alternative news providers whose emphasis El Diario draws heavily upon the symbolic capital of its founder Ignacio Escolar, El Confidencial, has banked primarily on its social capital.

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Profit orientation of microfinance institutions and provision of financial capital to business start-ups

International Small Business Journal Researching Entrepreneurship ◽

10.1177/0266242615570401 ◽

2015 ◽

Vol 34 (4) ◽

pp. 532-552 ◽

Cited By ~ 27

Author(s):

Abu Zafar M Shahriar ◽

Susan Schwarz ◽

Alexander Newman

Keyword(s):

Financial Capital ◽

Microfinance Institutions ◽

Start Ups

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Probing Chinese Perception on the Importance of Social Capital in Entrepreneurial Success

Vision The Journal of Business Perspective ◽

10.1177/09722629211002573 ◽

2021 ◽

pp. 097226292110025

Author(s):

Liu Yue ◽

John Paolo R. Rivera

Keyword(s):

Social Capital ◽

Financial Capital ◽

Entrepreneurial Success ◽

Contingency Table Analysis ◽

Republic Of China ◽

Chinese Perceptions ◽

Table Analysis ◽

Chinese Entrepreneurs ◽

Conceptual Study ◽

Start Ups

The link between entrepreneurship and economic growth has been established in the literature. The potency of an entrepreneurship ecosystem, driven by the role of financial capital, is now a determinant of an economy’s success. The People’s Republic of China has been successful on this expanse. However, in this conceptual study, we explicate the role social capital play in entrepreneurial venture growth. By conducting a survey on Chinese entrepreneurs, cross tabulating their categorical responses and conducting contingency table analysis, we get to illustrate how they see social capital as a facilitating factor of their entrepreneurial success. Results revealed that Chinese entrepreneurs believe that together with financial capital and government assistance, having more social capital is critical in developing start-ups, attracting more investments and acquiring a bigger market share. However, a premium is placed on technical skills and enterprise planning than personal charisma. Results were validated and augmented earlier results on Chinese perceptions on what makes entrepreneurial ventures successful.

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LEADERSHIP, RESOURCE AND ORGANISATIONAL INNOVATION: FINDINGS FROM STATE AND NON-STATE ENTERPRISES

International Journal of Innovation Management ◽

10.1142/s1363919614500340 ◽

2014 ◽

Vol 18 (05) ◽

pp. 1450034 ◽

Cited By ~ 6

Author(s):

NGUYEN NGOC TRUNG ◽

PHAM THANH NGHI ◽

LEONA LITTLE SOLDIER ◽

TRAN VIET HOI ◽

WON JOONG KIM

Keyword(s):

Educational Level ◽

Negative Relationship ◽

Organisational Culture ◽

Financial Resource ◽

Financial Capital ◽

Government Budget ◽

Key Factors ◽

Organisational Innovation ◽

Foreign Companies ◽

State Enterprises

This paper discusses organisational innovation among state, private, foreign and joint-stock enterprises with focus on leadership and resource which are expected as key factors to innovation. Data drawn from a survey with more than 600 respondents in most industrialised regions in Vietnam is analysed. The finding shows that higher educational level of respondents in state enterprises has negative relationship with all kinds of innovation. State enterprises absorb large amount of funding from government budget but still need more financial resource to generate innovation. However, private and foreign companies do not require more financial capital but they need human capital that is leaders owning transformational characteristics, motivation and ability of building organisational culture to generate organisational innovation. This current research proposes that authorities in these enterprises are suggested to use financial capital in appropriate time only otherwise they should use other tool to do innovation in their organisations.

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Unlocking the Strategy of Indonesian Government in Developing Digital Tourism

Management and Economics Journal (MEC-J) ◽

10.18860/mec-j.v4i3.10771 ◽

2020 ◽

Vol 4 (3) ◽

pp. 223-232

Author(s):

Donny Susilo

Keyword(s):

Content Analysis ◽

Local Government ◽

Significant Role ◽

Economic Performance ◽

Distribution Channel ◽

Tourism Development ◽

Indonesian Government ◽

Start Ups ◽

Government Website ◽

Digital Training

This study aims to understand to what extent the digital tourism development has been implemented by government of Indonesia and what strategies they use to reach that goal. Digitalization is an unavoidable change that has been influencing all aspect of people’s life, creating opportunity to digitalize tourism in Indonesia as one of main strategies in recovering economic performance post covid-19. The fact that tourism is one of the most significant sectors in Indonesia, urges local government to take significant role to ensure the digital tourism development is smoothly implemented. The novelty of this study lies in its exploration initiative on government strategies while study about digital tourism development is lacking. Content analysis was utilized to explore information from books, journals, interview report in newspaper and government website. The study revealed out that by utilizing partnership strategy with state-owned enterprises, start-ups and local people, government of Indonesia consistently prepares the infrastructure and incentive to support digitalization of its tourism in 4 main aspects which are digital distribution channel, digital promotion, digital payment and digital training.

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When Do Start-ups Patent Their Inventions? Evidence from a Broad Approach

Entrepreneurship Research Journal ◽

10.1515/erj-2018-0227 ◽

2020 ◽

Vol 0 (0) ◽

Author(s):

Vanesa Barrales-Molina ◽

Marta Riquelme-Medina ◽

Francisco Javier Llorens-Montes

Keyword(s):

Tipping Point ◽

Financial Capital ◽

Quadratic Effect ◽

Strategic Resources ◽

Research Institutes ◽

Start Ups ◽

Patenting Activity ◽

Broad Approach

AbstractPatents are no longer merely protective; other factors are becoming prominent in explaining when start-ups patent their inventions. This study uses data from 220 start-ups from different industries to evaluate the role of size, location, collaboration partners and financial means in patenting activity. Our results show a quadratic effect of size on patenting likelihood for start-ups, and patenting level reaches a tipping point for medium-sized start-ups. The findings also show that patenting likelihood is higher, regardless of the industry, when: (i) start-ups are located in international clusters or near other start-ups; (ii) start-ups collaborate with specialized research institutes; and (iii) start-ups are financed through crowdfunding campaigns. Location in co-working spaces seems, however, to be associated with lower patenting likelihood. These results help to illustrate the context in which start-ups value patents as protection instruments vs. as strategic resources to achieve other goals, such as reputation, or access to networks or financial capital. Analysing the reasons why start-ups patent is crucial due to the growing relevance these companies gain when they introduce innovations in the current economy.

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