scholarly journals DIASPORA START-UP PROGRAMS AND CREATIVE INDUSTRIES: EVIDENCE FROM ROMANIA

2021 ◽  
Vol 63 E ◽  
pp. 5-29
Author(s):  
Alin CROITORU

Romania is one of the main countries of origin for intra-European migration. The national authorities recently implemented the first major program —Diaspora Start-up—to support the business initiatives of Romanian citizens who live abroad and who are interested in opening a business in their home country. This scheme was developed in parallel with a broader program—Romania Start-up Plus—which was designed to support the entrepreneurial initiatives of individuals residing inside the country. These programs have already supported over 8,600 non-agricultural start-ups created in urban areas. This study conducted a comparative analysis of the two programs based on different criteria and explored their regional dynamics regarding the emergence of start-ups and the prevalence of creative industries companies. The analysis highlighted important regional differences within Romania and revealed that the Diaspora Start-up program registered a statistically significant lower level of businesses registered as part of the creative industries. The results support the formulation of a hypothesis of negative selectivity within the programs designed to support Romanian migrants’ entrepreneurship, but further research is needed to test this hypothesis.

2020 ◽  
Vol 5 (3) ◽  
pp. 323-337
Author(s):  
Richard Sadler ◽  
Dayne Walling ◽  
Zac Buchalski ◽  
Alan Harris

Urban areas differ greatly in their exposure to economic change, their trajectory toward recovery and growth, and the extent to which development and equity are paired. Some of this differentiation can be explained by regional dynamics, policies, and migration flows that influence the composition of economic activity, land use, and population characteristics. Simultaneously, the fortunes of center cities are known to often correlate with metropolitan characteristics, yet the interaction of socio-spatial conditions with multi-level governance and development processes—particularly with respect to how prosperity is shared across municipal lines and is distributed among communities—is under-researched. In this article, we use a GIS-based and quantitative approach to characterize such patterns and evaluate regional differences among 117 mid-sized metropolitan areas in the Eastern US with a population between 250,000 and 2,500,000. Our analysis rests on initial GIS-based inquiries to define city, urbanized area, county, and core-based statistical area-level measures of municipal fragmentation, geographic sprawl, racial segregation, economic inequality, and overall poverty. These five characteristics are combined to propose a prosperity risk index for each region. Further, indicators of economic performance such as job and population growth are inverted to create an economic vulnerability index. An interaction model is run to determine relationships among the indices to highlight both the regional differences in these characteristics that became noticeably significant in the analysis and the linkages of spatial patterns of economic growth and social equity. Analyzing these multi-scalar regional dynamics illuminates the socio-spatial patterns that deserve attention in urban economic development theory and, subsequently, offers a framework for evaluating public policy and development practices. We likewise offer two comparisons of outliers as a means of illustrating potential directions urban areas can take toward economic development. These findings are valuable for local economic development practitioners who may be seeking further contextual/comparative information on urban regions, or for others interested in understanding the dynamics behind urban planning that may drive regional competitiveness and prosperity.


Author(s):  
Oluwaseun David David Adepoju ◽  
Demilade Oluwasina ◽  
Nji Mbitaownu Mughe Awah

The new disruptive models of businesses are now making strangers meet strangers for economic and service benefits. This new shared economy system begs for a very pertinent question. Has human trust increased to that point where we can completely trust strangers? This chapter answered the above question within the African context while considering some case studies of failed start-ups that launched on shared economy models. This chapter also made some comparative analysis of some homegrown platforms that did not survive the valley of death in the Nigerian Innovation Ecosystem and successful similar foreign models imported into Africa. A definite opinion analysis through social scepticism lens was used in writing on gomyway.com, a Nigerian car-pooling start-up that failed after two years of operation. The chapter ended by making a strong case for models that dwarfs social scepticism to ensure the survival of the valley of death for platform entrepreneurship in Africa.


Author(s):  
Mina Fanea-Ivanovici ◽  
Małgorzata Siemionek-Ruskań

Abstract Given the difficulty to access traditional bank funding by creative businesses and start-ups, crowdfunding as an alternative way to finance innovative and creative projects has been adopted, enacted and successfully used by several Western countries, which can serve as best practice examples. However, in many countries crowdfunding is still an emerging phenomenon due to its novelty and variety, the general awareness regarding this alternative funding method being relatively low. The aim of this paper is to investigate the extent to which Poland and Romania, the two largest Central and Eastern European member states, have adopted and used crowdfunding to support innovative and creative projects and to assess the sustainability of such a novel funding method in the respective countries. The objective of the comparative analysis is to determine how the existing legal framework supports the implementation of crowdfunding activities and what crowdfunding types are being used in each country based on the existing local crowdfunding platforms, to identify and explain the main strengths and weaknesses of each of the two markets, as well as to provide a set of measures and proposals that can be adopted by the two countries in order to promote and enhance the crowdfunding phenomenon, which we argue is a factor that ensures business sustainability in creative and innovative activities carried out especially by start-up companies. Apart from the empirical analysis of legislation and platforms, the research methodology includes a survey among business students and fresh graduates of business schools, the purpose of which being to assess the level of awareness of young entrepreneurs-to-be regarding this funding method.


Author(s):  
Felix Halim ◽  
Stephanus Huwae

A motor custom is a motorcycle that is made/modified based on buyer needs, user, or a particular individual’s specification. Motorcycle originally functioned as a means of transportation from one point to another, yet it has now evolved into a new kind of lifestyle. This phenomenon emerged as an impact of changes in the society’s pattern of needs, going from basic needs into leisure needs. The milenial generation’s basic needs were mostly fulfilled; therefore, according to The Maslow Theory, the generation is now in the next stage which is psychological needs. Creative economy has become the backbone of Indonesia’s economy. The government’s support towards creative industries through Bekraf is a positive sign to provide a space for motorcycle enthusiasts to produce motor custom les in Indonesia. To start a workshop business, they need network, tools, and a place. Economic incubator can help start-ups to open Motor Custom Workshop by providing their need. Sharing tools offer start-ups with equipment that they can use together, helping start-ups to start their business without having to spend a lot of capital buying their own equipment. Motor Custom Workshop is located in Kemang, where motorcycle communities are often found on the streets, on their Sunmori. This phenomenon is recorded and incorporated into design by using Pattern Language method, which is able to strengthen the link between program and the surroundings. From the phenomena and theories reviewed, it can be concluded that Motor Custom Workshop for Milenials is a potential business venture. Motor Custom Workshop offers opportunity for motorcycle enthusiasts hoping to delve in this business to gain experience in assembling and modifying motorcycles with available rental tools. Motor Custom Workshop is expected to promote Indonesia’s creative industry, bring out innovative products, educate the public about automotif, and increase the appeal of local product.AbstrakMotor Custom adalah motor yang dibuat/ diubah sesuai dengan kebutuhan pembeli, pengguna, atau sepesifikasi individu tertentu. Perubahan fungsi motor yang semula merupakan alat transportasi dari satu titik ke titik lain, sekarang bertambah menjadi suatu gaya hidup/lifestyle. Fenomena ini muncul sebagai imbas perubahan pola kebutuhan masyarakat dari basic needs menjadi leisure needs. Generasi Milenial basic needs sudah terpenuhi, maka generasi Milenial  menurut Teori Maslow berada di tingkat selanjutnya yaitu di tahap psychological needs. Ekonomi kreatif menjadi tulang punggung perekonomian Indonesia. Dukungan pemerintah akan industri-industri kreatif melalui Bekraf (Badan Ekonomi Kreatif) merupakan tanda positif untuk membuat wadah pembuatan motor custom di Indonesia. Untuk memulai usaha bengkel mereka membutuhkan network, tools, dan wadah/ tempat. Bengkel Motor Custom dapat membantu start-up untuk membuka Bengkel Motor Custom dengan cara memberikan kebutuhan mereka. Sharing tools dapat meringankan dalam memulai usaha bengkel mereka, dikarenakan usaha yang mereka jalankan memiliki tools yang digunakan secara bersama-sama dengan start-up lainnya. Bengkel Motor Custom berada di daerah Kemang, dimana fenomena motor riding bersama sering ditemukan ketika Sunday Morning Ride. Fenomena tersebut direkam dan dituangkan ke dalam desain menggunakan metode Pattern Language, yang dapat membuat keterkaitan antara program dengan lingkungan menjadi kuat. Dari fenomena dan  teori yang telah dikaji dapat dilihat bahwa peluang Bengkel Motor Custom untuk Milenial cukup sesuai. Bengkel Motor Custom dapat memberikan pengalaman merakit dan memodifikasi motornya juga dapat dilakukan sendiri dengan memakai tools yang direntalkan. Tujuan dari hadirnya Bengkel Motor Custom untuk memajukan industri kreatif Indonesia, mampu memunculkan produk yang inovatif, serta dapat mengedukasi masyarakat luas tentang otomotif dan meningkatkan daya tarik akan produk lokal.


2019 ◽  
Vol 1 (1) ◽  
pp. 83-88
Author(s):  
Ysmael Jesús Ayala Colqui
Keyword(s):  
A Priori ◽  
El Paso ◽  
Start Up ◽  

Una start-up es definida como una empresa destinada solucionar problemas de maneras no obvias, donde el éxito no está garantizado de antemano y, solo en los casos de éxito efectivo, se adquiere un crecimiento rápido y significativo (Robehmed, 2013). Ejemplos clásicos de start-ups serían Facebook, Uber o AirBnB que, con comienzos modestos, pero con ideas innovadoras, se convirtieron con el paso del tiempo en empresas de ingresos millonarios. Una de las tantas preguntas al respecto sería la siguiente: ¿cómo lograr una start-up de éxito a sabiendas que el éxito no está garantizado a priori y, aún más, que la gran mayoría de estas fracasan?


2015 ◽  
Vol 12 (4) ◽  
pp. 24-31 ◽  
Author(s):  
Rabea Laugemann ◽  
Christopher Buschow ◽  
Beate Schneider

Im ‚War for Talent‘ konkurrieren heutzutage große Konzerne mit innovativen Start-ups um vielversprechenden Nachwuchs. Was bestimmt die Attraktivität von Arbeitgebern bei Medien- und Kommunikationsstudierenden? Diese Frage wird im Rahmen einer quantitativen Online-Befragung untersucht, vor allem im Hinblick darauf, ob Start-ups oder Konzerne als erste Arbeitgeber präferiert werden. Befragte, denen Prestige wichtig ist, bevorzugen eher Konzerne als Arbeitgeber. Wer Wert auf ein innovatives Arbeitsumfeld und soziale Beziehungen legt, entscheidet sich vermehrt für ein Start-up. Im Wettbewerb um die besten Köpfe sind damit junge Unternehmensgründungen inzwischen eine ernst zu nehmende Konkurrenz für Konzerne.


2018 ◽  
Author(s):  
Михаил Геннадьевич Чепрасов ◽  
Карина Аскаровна Агадилова ◽  
Игорь Олегович Мячин

В данной статье рассматриваются особенности становления российских стартап-компаний, ключевые проблемы развития и пути их решения. Проведен сравнительный анализ отечественных и зарубежных стартапов, где инновационные компании стали опорой экономики. Проанализирована статистика по состоянию стартапов России в настоящее время. Авторами отмечены главные предпосылки, которые ведут стартапы к провалу. Особое внимание уделено современным возможностям их финансирования. В статье описаны такие технологии финансирования как венчурное инвестирование, спонсирование бизнес-ангелами, государственная поддержка инновационных компаний, многоаспектная помощь бизнес-инкубаторов. Учтены преимущества и пробелы каждой из приведенных форм. This article discusses the features of the formation of Russian start-up companies, key development problems and ways to solve them. A comparative analysis of domestic and foreign startups, where innovative companies have become the backbone of the economy. Analyzed statistics on the status of startups in Russia at the present time. The authors noted the main prerequisites that lead startups to failure. Particular attention is paid to the modern possibilities of their financing. The authors described such financing technologies as venture investment, sponsorship by business angels, government support for innovative companies, multidimensional assistance from business incubators. Take into account the advantages and gaps of each of these forms.


2021 ◽  
Vol 13 (11) ◽  
pp. 6009
Author(s):  
Se-Kyoung Choi ◽  
Sangyun Han ◽  
Kyu-Tae Kwak

What kind of capacity is needed to improve the performance of start-ups? How effective are government support policies in improving start-up performance? Start-ups are critical firm group for ensuring the prospective and sustainable growth of an economy, and thus many countries’ governments have established support policies and they are likely to engage more widely in forward-looking political support activities to ensure further growth and expansion. In this paper, the effect of innovation capabilities and government support policies on start-up performance is examined. We used an unbalanced panel data analysis with a random effect generalized least squares. We investigated the effect of government support policies on 4368 Korean start-ups. The findings indicated that technology and knowledge capabilities had positive effects on the sales performance of start-ups, and government financial support positively affected the relationship between knowledge capability and firm performance. However, when government financial support increased, marketing capability was negatively associated with firm performance. These results demonstrate the significant role of government financial support, including its crowding in but also its crowding out effect. Practical implications: To be more effective, governments should employ innovation-driven entrepreneurship policy approaches to support start-ups. To improve their performance, start-ups need to increase their technology and knowledge capabilities. This study extends recent efforts to understand more fully the effect of government support policies on start-ups differing in their technology, knowledge, and marketing capabilities.


2021 ◽  
Vol 1 ◽  
pp. 111-120
Author(s):  
Nuno Miguel Martins Pacheco ◽  
Anand Vazhapilli Sureshbabu ◽  
Masaru Charles Nürnberger ◽  
Laura Isabel Durán Noy ◽  
Markus Zimmermann

AbstractStart-ups tend to form with a central idea that differentiates them from their competitors in the market. It is crucial for them to efficiently transform the idea into a marketable product. Prototyping helps to iteratively achieve a minimum viable product and plays a crucial role by enabling teams to test their ideas with limited resources early on. However, the prototyping process may have wrong focus leading to a suboptimal allocation of resources. Previously, we proposed role-based prototyping for fuzzy front-end development in small teams. It supports (1) resource allocation, (2) the definition of responsibilities, and (3) structuring the development process with milestones. In recent research this was a promising yet incomplete approach. We extend the previous work by refining the prototyping process by adding a prototyping matrix with two dimensions (purpose and lens), a prototyping cycle (plan, execute, test, reflect, assimilate), and a modified Kanban board (Protoban) for planning, managing, and reflecting cycles. This process, named PETRA was tested with a start-up developing an autonomous trash picking robot. The extended approach supported the team significantly in providing a clear idea of what to do at what time.


Author(s):  
Christian Rudeloff ◽  
Stefanie Pakura ◽  
Fabian Eggers ◽  
Thomas Niemand

AbstractThis manuscript analyzes start-ups’ usage of different communication strategies (information, response, involvement), their underlying decision logics (effectuation, causation, strategy absence) and respective social media success. A multitude of studies have been published on the decision logics of entrepreneurs as well as on different communication strategies. Decision logics and according strategies and actions are closely connected. Still, research on the interplay between the two areas is largely missing. This applies in particular to the effect of different decision logics and communication models on social media success. Through a combination of case studies with fuzzy-set Qualitative Comparative Analysis this exploratory study demonstrates that different combinations of causal and absence of strategy decision logics can be equally successful when it comes to social media engagement, whereas effectuation is detrimental for success. Furthermore, we find that two-way-communication is essential to create engagement, while information strategy alone cannot lead to social media success. This study provides new insights into the role of decision logics and connects effectuation theory with the communication literature, a field that has been dominated by causal approaches.


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