scholarly journals Cooperation’s characteristics for potential innovative SMEs in crisis: The Greek paradigm

2016 ◽  
Vol 14 (1) ◽  
pp. 30-37 ◽  
Author(s):  
Lemonakis Christos ◽  
Konstantinos Vassakis ◽  
Garefalakis Alexandros ◽  
Michailidou Despoina
Keyword(s):  
Policy Implications ◽  
Empirical Literature ◽  
Innovation Activity ◽  
Trade Associations ◽  
Policy Makers ◽  
Factors Affecting ◽  
Financial Firms ◽  
Innovation Potential ◽  
Firm Cooperation

This study focuses on the role of business cooperation and firms’ exporting activity as the determinants of Greek manufacturing SMEs’ innovative extend use, contributing to the existing empirical literature. The empirical analysis based on unique both quantitative and qualitative data, derived from a survey covering more than 158 small and medium-sized Greek manufacturing firms, and examines factors affecting innovation activity, emphasizing on clustering activities. We find that inter-firm cooperation enhances innovation activity, which in turn empowers firms’ growth by improving domestic and overseas sales performance. This study opens the floor for a greater perspective in managerial and financial firms’ characteristics; Firms should take initiatives to promote collaborative networks for innovation and create trade associations that represent SMEs, in order to facilitate social interaction. Also, government should offer incentives to SMEs with high innovation potential (e.g. tax allowances) and invigorate linkages between universities, research centers and the private sector by creating effective institutional arrangements. Finally, we seek to provide policy implications to business owners, policy makers and academics, to optimize performance, in the shadow of economic turbulence that the country experiences.

ANALYSIS OF INNOVATION ACTIVITIES OF ENTERPRISES OF KAZAKHSTAN

2020 ◽  
Vol 384 (2) ◽  
pp. 137-145
Author(s):  
Zh. Abylkassimova ◽  
G. Orynbekova ◽  
М. Alibayeva ◽  
O. Osadchaya
Keyword(s):  
Key Words ◽  
Added Value ◽  
Human Potential ◽  
Innovation Activity ◽  
Factors Affecting ◽  
Innovation Potential ◽  
Innovation Activities ◽  
Innovation Economy

The article noted that the development of the innovation potential of enterprises in the regions of Kazakhstan contributes to the transition of the innovation economy, where goods with high added value will be produced. The article examines the factors affecting the innovation activity of the regions, considers the dynamics of innovation activity and identifies problems and tools for the development of innovative entrepreneurship. Key words: innovation, innovation activity, region, industrialization, human potential, infrastructure

scholarly journals Entrepreneurial intention: An analysis of the role of Student-Led Entrepreneurial Organizations

2021 ◽  
Author(s):  
Giuliano Sansone ◽  
Elisa Ughetto ◽  
Paolo Landoni
Keyword(s):  
Entrepreneurial Intention ◽  
Policy Implications ◽  
Policy Makers ◽  
Student Entrepreneurship ◽  
Entrepreneurial Organizations ◽  
Entrepreneurial Activities ◽  
The University ◽  
The Impact ◽  
The Empirical Analysis

AbstractAlthough a great deal of attention has been paid to entrepreneurship education, only a few studies have analysed the impact of extra-curricular entrepreneurial activities on students’ entrepreneurial intention. The aim of this study is to fill this gap by exploring the role played by Student-Led Entrepreneurial Organizations (SLEOs) in shaping the entrepreneurial intention of their members. The analysis is based on a survey that was conducted in 2016 by one of the largest SLEOs in the world: the Junior Enterprises Europe (JEE). The main result of the empirical analysis is that the more time students spent on JEE and the higher the number of events students attended, the greater their entrepreneurial intention was. It has been found that other important drivers also increase students’ entrepreneurial intention, that is, the Science and Technology field of study and the knowledge of more than two foreign languages. These results confirm that SLEOs are able to foster students’ entrepreneurial intention. The findings provide several theoretical, practical and public policy implications. SLEOs are encouraged to enhance their visibility and lobbying potential in order to be recognized more as drivers of student entrepreneurship. In addition, it is advisable for universities and policy makers to support SLEOs by fostering their interactions with other actors operating in the entrepreneurial ecosystem, who promote entrepreneurship and technology transfer activities. Lastly, this paper advises policy makers to assist SLEOs’ activities inside and outside the university context.

Bridging the digital divide

2008 ◽  
Vol 26 (2) ◽  
pp. 226-237 ◽  
Author(s):  
Seyed Vahid Aqili ◽  
Alireza Isfandyari Moghaddam
Keyword(s):  
Digital Divide ◽  
Vital Role ◽  
Policy Makers ◽  
Content Type ◽  
Factors Affecting ◽  
Knowledge Based ◽  
Internet Users ◽  
Information Professionals ◽  
Points Of View

PurposeThe purpose of this paper is to show how the digital divide has become a common metaphor originating from now nearly obsolete phrases such as “information have and have nots” and “information rich and information poor”. The article aims to focus on several dimensions of the digital divide that pertain to service as well as the responsibilities of libraries.Design/methodology/approachThis article places emphasis on the role of librarians and information professionals in bridging the digital divide by indicating some aspects related to it as evidenced in the literature including its definition, aspects, factors affecting, and internet users.FindingsLibraries are treated as one of the major social tools which can solve the information divide rooted in the digital divide and contribute to the realization of democratic society.Research limitations/implicationsThis article revolves around the authors' points of view. So, further studies, especially comparative research between developed and developing countries which vary in terms of digital divide rate, can help to understand the real role librarians and information professionals play.Practical implicationsRethinking the digital divide, librarians must redesign and redefine their service menu for their customers through thinking functionally. They also need to review the various IT devices and information services available and examine which can be employed to present a more effective library service. In addition, policy‐makers should consider the vital role that librarians can play in the realization of knowledge‐based society and sustainable development.Originality/valueThis paper provides a theoretical basis for librarians to be more active and sedulous and policy‐makers to be vigilant and place much value for information sector and its professionals, particularly librarians working in various libraries.

Clusters or un‐clustered industries? Where inter‐firm marketing cooperation matters

2012 ◽  
Vol 27 (5) ◽  
pp. 392-402 ◽  
Author(s):  
Christian Felzensztein ◽  
Eli Gimmon ◽  
Claudio Aqueveque
Keyword(s):  
Latin American ◽  
Marketing Strategies ◽  
Industry Cluster ◽  
Trade Associations ◽  
Content Type ◽  
Firm Cooperation ◽  
Marketing Activities ◽  
New Industry ◽  
Practical Implications

PurposeThis paper aims to focus on the perceived role of clusters in inter‐firm cooperation and social networks.Design/methodology/approachThe study was carried out in a region of Latin America where limited research has been conducted in terms of inter‐firm relationships. Managers from three key natural resources‐based industries in Chile participated in the survey; one of these industries constituted a well‐defined cluster whereas the other two did not. The survey assessed managers' perceptions of the benefits and opportunities of inter‐firm cooperation in strategic marketing activities.FindingsResults support the advantages of clusters. Managers of firms which are part of clustered industries tend to perceive more benefits and opportunities for inter‐firm co‐operation in marketing activities. Additionally, significant differences between clustered and non‐clustered industries in terms of their co‐operation behavior and objectives were found.Research limitations/implicationsThe findings shed light on strategies for the enhancement of inter‐firm cooperation in marketing, of particular value for marketers in small‐and‐medium sized enterprises. The paper suggests establishing new clusters and promoting more regional clusters policies since clustering seems to provide better and positive inter‐firm interaction leading to cooperation.Practical implicationsThere are lessons to be learned at national and regional levels for Latin American and emerging economies fostering new industry cluster policies.Originality/valueClustered firms and industries may result in more innovative marketing strategies at both local and international levels than non‐clustered firms. The authors encourage regional development bodies to foster more cooperation among firms and trade associations.

University Challenge? Innovation Policy and SMEs in Welsh Economic Development Policy

2008 ◽  
Vol 9 (1) ◽  
pp. 51-62 ◽  
Author(s):  
David Pickernell ◽  
Gary Packham ◽  
Brychan Thomas ◽  
Robyn Keast
Keyword(s):  
Development Policy ◽  
Innovation Policy ◽  
Policy Implications ◽  
Policy Makers ◽  
Economic Development Policy ◽  
Key Points ◽  
Key Policy ◽  
The Impact ◽  
Innovation And Entrepreneurship

There is a clear research issue for Wales regarding the roles and interactions of government policy, HEIs, SMEs and the creation and dissemination of innovation. A study of the views of key policy makers concerning innovation and entrepreneurship in Wales is undertaken, especially with regard to the development of innovation within SMEs and the policy implications for economic regeneration. The role of a variety of actors (including users and suppliers) is considered, as is the impact of networks of SMEs linked together in patterns of cooperation and affiliation. From the results and the analysis of interviews, key points of significance to innovation, entrepreneurship, higher education and economic regeneration policy making in Wales are reported.

scholarly journals The role of the banking system in the innovative development of economy

2019 ◽  
pp. 81-101 ◽  
Author(s):  
Oleksandr Dziubliuk
Keyword(s):  
National Economy ◽  
Banking System ◽  
Innovation Process ◽  
World Market ◽  
Innovation Activity ◽  
Innovative Development ◽  
Innovation Potential ◽  
Innovation Activities ◽  
Lending Activity

The article gives a rationale for rebuilding the country’s innovation capacity as a key task of the current economic policy of the state, since it is the use of innovations that is extremely important for successful business activity and for obtaining competitive advantages in the world market. The subject matter of the study is the role of banking system, whose lending activity can serve as a powerful source for funding innovation, which, in turn, is seen as a key driver for investment and economic growth. The purpose of the research paper is to substantiate the appropriate theoretical and methodological approaches to understanding the role of the banking system within the framework of stimulating innovative development of the economy. The article critically analyzes the current state of innovation activity in Ukraine and systematizes the main factors restraining the innovative development of the economy. Particular attention is paid to the lack of funding for innovation, the ineffective structure of the national economy, and insufficient state financial support. The lack of an adequate level of funding for innovation activities of enterprises is identified as one of the main constraints on the introduction of innovations and enhancement of innovation potential. It is stressed that the limited amount of own funds and the objective difficulties in attracting foreign financial resources of investors are usually the main reasons for the low degree of innovation activity of enterprises in Ukraine. It is argued that it is the banking system that can act as the main institutional element of the innovation infrastructure, which has the proper organizational, technological and financial potential, sufficient for accumulation and redistribution of those investment resources that are necessary for activating the innovation process in the national economy. The advantages of banks in comparison with other participants of the financial market are determined, which determines the key role of the banking system in the innovative development of the economy. The author articulates a set of organizational, institutional and economic measures at the macro- and micro-levels which can contribute to incorporating the banking system into the framework of stimulating innovation processes.

scholarly journals Education and Disaster Vulnerability in Southeast Asia: Evidence and Policy Implications

2020 ◽  
Vol 12 (4) ◽  
pp. 1401 ◽  
Author(s):  
Roman Hoffmann ◽  
Daniela Blecha
Keyword(s):  
Southeast Asia ◽  
Best Practice ◽  
Universal Access ◽  
Social Resources ◽  
Policy Implications ◽  
Empirical Literature ◽  
High Quality Education ◽  
Disaster Vulnerability ◽  
The Impact

This article summarizes the growing theoretical and empirical literature on the impact of education on disaster vulnerability with a focus on Southeast Asia. Education and learning can take place in different environments in more or less formalized ways. They can influence disaster vulnerability as the capacity to anticipate, cope with, resist, and recover from natural hazard in direct and indirect ways. Directly, through education and learning, individuals acquire knowledge, abilities, skills and perceptions that allow them to effectively prepare for and cope with the consequences of disaster shocks. Indirectly, education gives individuals and households access to material, informational and social resources, which can help reducing disaster vulnerability. We highlight central concepts and terminologies and discuss the different theoretical mechanisms through which education may have an impact. Supportive empirical evidence is presented and discussed with a particular focus on the role of inclusiveness in education and challenges in achieving universal access to high-quality education. Based on situation analysis and best practice cases, policy implications are derived that can inform the design and implementation of education and learning-based disaster risk reduction efforts in the region.

Summary and Policy Implications

2017 ◽  
Author(s):  
Harold Wolman ◽  
Howard Wial ◽  
Travis St. Clair ◽  
Edward Hill
Keyword(s):  
Policy Implementation ◽  
Time Frame ◽  
Policy Implications ◽  
Economic Resilience ◽  
Policy Makers ◽  
Policy Effects ◽  
Economic Development Policy ◽  
The Face ◽  
Time Frames

The concluding chapter focuses on the role of public policy in promoting regional economic resilience. To better understand the potential role of various types of policy actions, we develop a temporal framework that divides policy implementation and policy effects into three different time frames, with policies varying both in the time it takes to put in place and in the time frame over which effects, if the policy is effective, can be expected. Different kinds of policy actions are likely to be most appropriate and most effective in the different time periods and in the face of different types of shocks. We conclude by considering the implications of our findings, put into this framework, for economic development policy makers and practitioners

scholarly journals THE IMPACT OF INSTITUTIONAL PERFORMANCE ON PAYMENT DYNAMICS: EVIDENCE FROM THE ITALIAN MANUFACTURING INDUSTRY

2020 ◽  
Vol 21 (5) ◽  
pp. 1285-1306
Author(s):  
Greta Falavigna ◽  
Roberto Ippoliti
Keyword(s):  
Manufacturing Industry ◽  
Waiting Times ◽  
Firm Dynamics ◽  
Policy Implications ◽  
Institutional Performance ◽  
Policy Makers ◽  
The Public ◽  
National Economic ◽  
The Impact

This work aims to shed new light on the relation between institutional performance and firm dynamics. Considering the Italian manufacturing industry and a panel of 3 years, the authors investigate the relation between the time needed by courts to enforce debtors’ obligations and the time needed by enterprises to repay their debts. In particular, we test the hypothesis that efficiency in settling mortgage foreclosure and bankruptcy cases can affect the creditors’ decision making on judicial disputes. According to our thesis, inordinately long waiting times to enforce credit rights may increase the contractual strength of debtors, further delaying payments. As shown by our results, there is a statistically significant positive relation between the enforcement of debtors’ obligations and the adopted payment index, confirming the key role of the judiciary in the dynamics of firms. Indeed, if the time needed to settle bankruptcy cases decreases by 25%, we can expect the payment index to decrease by 1%; while, focusing on foreclosure cases, we can expect the payment index to decrease by 2%. The policy implications of these results are rather compelling. Policy makers could reform foreclosure and bankruptcy procedures to support national economic growth, without additional burden on the public budget.

The Financial Development of Portuguese Entrepreneurial Businesses

2016 ◽  
pp. 1-19
Author(s):  
Inna Sousa Paiva
Keyword(s):  
Financial Development ◽  
Small Businesses ◽  
Service Providers ◽  
Policy Implications ◽  
Entrepreneurial Firms ◽  
Financial Strategy ◽  
Policy Makers ◽  
The Family

Entrepreneurial firms commonly become family small businesses. This study aims to highlight the financial strategy underlying the development of smaller family companies. A brief introduction about the definition and role of the family business is followed by a review of the debate on the finance gap that puts constraints on the survival and long-term growth and prosperity of smaller privately companies. Evidence is drawn from a database of smaller firms with family owner-managers in Portugal, in order to determine their attitudes towards and experiences of venture capital and financing and other capital options. We conclude by discussing some tentative policy implications for regional development from the perspective of owner managers, service providers and policy-makers.

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