scholarly journals Local Disorder and the Success of Firms in Residential Neighbourhoods

2017 ◽  
Vol 24 (1) ◽  
pp. 41-63
Author(s):  
Gerald Mollenhorst ◽  
Veronique Schutjens
Keyword(s):  
Physical Disorder ◽  
Local Context ◽  
Business Services ◽  
Firm Success ◽  
Personal Services ◽  
Local Disorder ◽  
Firm Turnover ◽  
Local Buzz ◽  
Education Business ◽  
Local Firms

According to economic geography literature, the success of firms is affected by the local context, in particular when firms are socio-spatially embedded. We expect this effect to be stronger when firms face an increase in local disorder. We analysed data on 344 firms (active in retail, eating and drinking establishments, personal services and private education, business services, cultural activities, manufacturing and building) in 108 Dutch residential neighbourhoods, and data on the changes in social and physical disorder of those neighbourhoods, to examine firm success determinants. We find that it is not the degree of disorder that matters to local firms turnover, but rather recent changes in local disorder. More in particular, we find that local firm turnover is negatively affected by an increase in local disorder, but only when a firm depends on daily visits from predominantly local customers. Our results suggest that physical and social local interventions to create safe and clean public spaces will indirectly positively influence local firms and subsequently, the neighbourhood economy. This spill-over effect is promising for both residents, who benefit from local amenities and local ‘buzz’, and local entrepreneurs, whose firm success is stimulated.

E-Commerce and Small and Medium-Sized Enterprises in S.E.Wales

2010 ◽  
pp. 86-99
Author(s):  
Brychan Thomas ◽  
Geoff Simmons ◽  
Gary Packham ◽  
Christopher Miller
Keyword(s):  
Business School ◽  
Web Site ◽  
Significant Proportion ◽  
Communication Technologies ◽  
Postal Questionnaire ◽  
Information Communication Technologies ◽  
Information Communication ◽  
Business Services ◽  
Survey Form ◽  
Personal Services

One region where e-commerce will have a particular impact for small and medium-sized enterprises (SMEs) over the next few years is South East Wales (SEW). In response to this a survey was undertaken by the Welsh Enterprise Institute (WEI) in collaboration with the Open University Business School and Rennes ESC in Brittany to assess the e-commerce activity of firms within the SEW area. The survey was conducted using a database of 3,000 members provided by the Cardiff Chamber of Commerce, Trade and Industry and a survey form was sent to the sample as a postal questionnaire. Results from the survey demonstrated that nearly all firms used some form of Information Communication Technologies (ICT). The results also highlighted that a significant proportion of the sample (77%) were currently using a Web site to increase trade or improve opportunities for e-commerce. Furthermore, it was observed that firms in the personal services, distribution and transport industries were less likely to utilise a Web site than firms in the manufacturing, business services and hospitality industries. Despite the large proportion of firms that had a Web site, only 11% of businesses reported that their site enabled customers to order and pay for products online although 42% of respondents considered e-commerce to be important for their business’ future. This chapter therefore argues that these results clearly underpin the necessity for an e-commerce policy in SEW for the future competitiveness of the area. There are real opportunities to develop and diversify the SEW economy through e-commerce.

scholarly journals The Progress and Achievement of Top Five Services Sectors through the Foreign Direct Investments in India

2019 ◽  
Vol 8 (2S10) ◽  
pp. 187-194 ◽  
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Large Scale ◽  
Service Sector ◽  
Foreign Direct Investments ◽  
Business Services ◽  
Services Sector ◽  
Transfer Of Technology ◽  
Personal Services

Foreign Direct Investment (FDI) plays a very important role in the development of the nation. It is very much vital in the case of underdeveloped and developing countries. A typical characteristic of these developing and underdeveloped economies is the fact that these economies do not have the needed level of savings and income in order to meet the required level of investment needed to sustain the growth of the economy. In such cases, foreign direct investment plays an important role in bridging the gap between the available resources or funds and the required resources or funds. It plays an important role in the long-term development of a country not only as a source of capital, but also for enhancing competitiveness of the domestic economy through transfer of technology, strengthening infrastructure, raising productivity and generating new employment opportunities. In India, FDI is considered as a developmental tool, which helps in achieving self-reliance in various sectors and in the overall development of the economy. India after liberalizing and globalizing the economy to the outside world in 1991, there was a massive increase in the flow of foreign direct investment. The present paper attempts to analyze the significance of the FDI Inflows in Indian service sector since 1991 and relating the growth of service sector FDI in the generation of employment in terms of skilled and unskilled. The services sector is not only the dominant sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment. India’s services sector covers a wide variety of activities such as trade, hotel and restaurants, transport, storage and communication, financing, insurance, real estate, business services, community, social and personal services, and services associated with construction.

A Study On The Growth And Performance Of Service Sector In Kerala-With Special Refeernce To Kollam.

Think India ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 61-76
Author(s):  
Manu V
Keyword(s):  
Service Sector ◽  
National Accounts ◽  
Business Services ◽  
Services Sector ◽  
Reserve Bank ◽  
Wide Range ◽  
Personal Services ◽  
And Performance ◽  
Unorganized Sector

This study attempts to review, the growth and performance of service sector in Kerala. The service sector usually covers a wide range activities from the most sophisticated information technology (IT) to simple services provided by the unorganized sector like the services of the plumber, mason, barber etc. National Accounts classification of the services sector incorporates trade, hotels, and restaurants; transport, storage and communication, financing, insurance, real estate, and business services; and community, social and personal services. In World Trade Organization (WTO) and Reserve Bank of India (RBI) classification, construction is also included in services sector.

scholarly journals Investments within the areas of special economic zones and creation of long term economical growth

Equilibrium ◽  
2009 ◽  
Vol 3 (2) ◽  
pp. 155-165
Author(s):  
Radosław Pastusiak
Keyword(s):  
Global Economy ◽  
High Tech ◽  
Main Role ◽  
Business Services ◽  
High Tech Industry ◽  
Intellectual Potential ◽  
Economic Zones ◽  
Economical Growth ◽  
Education Business

In the age of global economy, the possession of unique knowledge and high specialization skills is the key to progress. Under such circumstances, running a business means gaining competitive advantage, especially in terms of intellectual potential. Five sectors: high-tech industry, R&D, education, business services and information technology play the main role in building of the new economy, this is of course due to investments. For developing countries, the main way to attract investors is to a establish special economic zone. The author of the article explores the idea whether investments in SEZ can be a basis for stable long term GDP growth.

Sources of Knowledge in Firms

2019 ◽  
Author(s):  
Hugo Pinto ◽  
Manuel Fernández-Esquinas
Keyword(s):  
Influential Factors ◽  
Policy Implications ◽  
Knowledge Generation ◽  
Main Element ◽  
Forthcoming Article ◽  
Industrial Property ◽  
Business Services ◽  
Codified Knowledge ◽  
Sources Of Knowledge ◽  
Local Buzz

This is an advance summary of a forthcoming article in the Oxford Research Encyclopedia of Business and Management. Please check back later for the full article. In order to obtain competitive advantages, firms have to make use of knowledge as the main element of their capacities for innovation and management. Innovation is a complex and collective process, resulting from different contexts, socioeconomic aspects, and specificities of firms that create nuanced management and policy implications. Sources of knowledge are varied, as each firm interacts with multiple types of actors to pursue its mission: partners and strategic allies, suppliers, customers, competitors, specialized organizations such as knowledge intensive business services, universities, technology centers, public research organizations, innovation intermediaries, and public administration bodies. Different kinds of knowledge are relevant for the firms, both tacit and codified knowledge. Knowledge needs to be translated into capacity to act. Knowledge generation and absorption can be understood as two sides of the same coin. It is necessary to take into account factors that shape both facets and the relationship between the production, transfer, and valorization of knowledge. Influential factors concerning knowledge characteristics are related to tacitness and to the existing knowledge base. Contextual factors, such as the economic sector, technological intensity, the local buzz, and the insertion in global value chains are essential as environmental enablers for generating and absorbing knowledge. Finally, the internal characteristics of the firm are of crucial relevance, namely the existing innovation culture, leadership, and also the size or internal R&D capacities. These factors reinforce the dynamic capacities of the firm and the decision to engage in open innovation strategies or to give more importance to strategies that protect and codify knowledge, such as industrial property rights.

Significance increase of services in world's economy

1997 ◽  
Vol 3 (1) ◽  
pp. 53-66
Author(s):  
Radmila Jovančević
Keyword(s):  
Quantitative Analysis ◽  
Hospitality Industry ◽  
Hotel Industry ◽  
The West ◽  
Business Services ◽  
Developed Economies ◽  
Service Companies ◽  
Personal Services ◽  
Comparative Advantages

The aim of this research is to present the changes which are happening in the second half of the 20th Century, in the matter of significance of service companies in developed economies. This paper starts with the classification of services accompanied by the statistics of OECD, which are: I- trade, hospitality industry and hotel industry, II- transport, storage and communication, III- finances, insurance, immovables and business services, IV- communal, social and personal services and V- administration services. The research results are presented through quantitative analysis, and they are pointing out the amount of potentials of services which Croatia has to applicate according to the intention to develop towards the West. The results of this countries, have to become the guiding light which will enable the Croatian economy to rise towards prosperity by putting into function its comparative advantages in functions of profit.

Prime Proportion Affects Masked Priming of Fixed and Free-Choice Responses

2010 ◽  
Vol 57 (5) ◽  
pp. 360-366 ◽  
Author(s):  
Glen E. Bodner ◽  
Rehman Mulji
Keyword(s):  
Decision Process ◽  
Free Choice ◽  
Masked Priming ◽  
Local Context ◽  
Previous Trial ◽  
Target Response ◽  
Global Context ◽  
Sequential Trial

Left/right “fixed” responses to arrow targets are influenced by whether a masked arrow prime is congruent or incongruent with the required target response. Left/right “free-choice” responses on trials with ambiguous targets that are mixed among fixed trials are also influenced by masked arrow primes. We show that the magnitude of masked priming of both fixed and free-choice responses is greater when the proportion of fixed trials with congruent primes is .8 rather than .2. Unconscious manipulation of context can thus influence both fixed and free choices. Sequential trial analyses revealed that these effects of the overall prime context on fixed and free-choice priming can be modulated by the local context (i.e., the nature of the previous trial). Our results support accounts of masked priming that posit a memory-recruitment, activation, or decision process that is sensitive to aspects of both the local and global context.

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