scholarly journals Perception of formal and informal institutions by entrepreneurs in China, Morocco, and Germany – A cross-cultural pilot study

2020 ◽  
Vol 56 (4) ◽  
pp. 324-338
Author(s):  
Rainer Busch ◽  
Karim Gassemi ◽  
Julie Papastamatelou ◽  
Alexander Unger ◽  
Christian May
Keyword(s):  
Self Efficacy ◽  
Business Strategy ◽  
Informal Institutions ◽  
Business Environment ◽  
Cross Cultural ◽  
Institutional Factors ◽  
Business Environments ◽  
Formal And Informal Institutions ◽  
Similarities And Differences ◽  
Linear Regressions

AbstractIntroduction and AimsEntrepreneurship and the business environment, in general, are being influenced by the existence of formal and informal institutions. This study focuses on the negative versus positive perceptions of Moroccan, Chinese, and German entrepreneurs to formal and informal institutions, and the associations of these perceptions with self-efficacy and market versus network orientation of the business environment.MethodsIn a sample of n = 319 female and male entrepreneurs, we have examined similarities and differences in the perception of informal and formal institutions and their effects on self-efficacy and business strategy, while conducting t-tests and linear regressions.ResultsIn all three cultural contexts, both formal and informal institutions play a significant role because of different reasons.ConclusionThe nature of entrepreneurship is complex as both formal and informal institutional factors are differently associated with businesses. The results could enhance the understanding regarding the coexistence of formal or informal institutions within the business environments of different countries and the connections between business orientation and self-efficacy.

Multicultural Urban Business Environment

2020 ◽  
pp. 219-240
Author(s):  
Irina Onyusheva ◽  
Lalita Thammashote ◽  
Jatuporn Thongaim
Keyword(s):  
Cultural Diversity ◽  
Business Environment ◽  
Cross Cultural ◽  
Internal Factors ◽  
Global Trends ◽  
Cultural Challenges ◽  
Business Environments ◽  
Urban Business ◽  
Definition Of ◽  
Different Cultures

This chapter considers in detail the issue of multicultural urban business environments in the context of managing cross-cultural problems within globalization. When people try to accept and respect different cultures, they will gain new opportunities and experiences. One of the most effective tools is tolerant communication leading to understanding and acceptance of cultural diversity. In this research, we study the contemporary concept of urban business environments as a set of external and internal factors influencing business development in the framework of an urban infrastructure. The authors provide their own definition of the concept of globalization and also describe the key global trends, including globalization of human capital under the conditions of demographic and cultural diversity. The work is also aimed to detect how multiculture affects urban business environment in part of finding managerial solutions and countermeasures to overcome the major cross-cultural challenges.

Financial Self-Efficacy in Family Business Environments

2021 ◽  
Vol 29 (03) ◽  
pp. 207-219
Author(s):  
Jasna Auer Antoncic ◽  
Drasko Veselinovic ◽  
Bostjan Antoncic ◽  
Dalma Lorena Grbec ◽  
Zhaoyang Li
Keyword(s):  
Family Business ◽  
Self Efficacy ◽  
Business Environment ◽  
Business Growth ◽  
Normative Model ◽  
Positive Effects ◽  
Business Environments ◽  
The Family ◽  
Research Gap ◽  
Start Ups

Entrepreneurial self-efficacy can have positive effects on entrepreneurship, company start-ups, and business growth. The family business environment has not yet been studied in relation to financial-self efficacy, a dimension of entrepreneurial self-efficacy. In order to address this research gap, this paper focuses on financial self-efficacy and how it relates to its antecedent — the family business environment. This study contributes to a better understanding of how financial self-efficacy has developed in the family business environment by building and checking a normative model. A hypothesis about family business environment experience and the financial self-efficacy relationship was developed and empirically tested using survey data from two countries. The findings of this research reveal the family business environment can make a difference in financial self-efficacy in certain economic contexts.

scholarly journals An informal institutional analysis of policy implementation hindrances in China

2016 ◽  
Vol 2 (1/2) ◽  
pp. 45
Author(s):  
Huang Ding
Keyword(s):  
Public Policy ◽  
Policy Implementation ◽  
Interpersonal Relations ◽  
Public Policies ◽  
Institutional Analysis ◽  
Informal Institutions ◽  
Institutional Factors ◽  
Public Authorities ◽  
Formal And Informal Institutions ◽  
Negative Impacts

As the lever by which public authorities regulate social affairs, public policy must function through its implementation. The effectiveness of policy-implementation is affected by many factors, but it fundamentally depends on the institution. For people's behaviors are governed by institutions, and public policy is implemente by people. According to the theory of New Institutionalsim, institutions consist of both formal and informal institutions. Based on the theory's explanation of the constratins placed on people's behavior by informal institutions, this paper will explore how informal institutional factos prevent public policies from effective implemetnation in China, specifically interpersonal relations and the consideration of faces. We must eliminate the negative impacts of informal institutional factors on policy implementation through enforcing hearings, coordinating policies, publicizing policies, strengthening supervision and betterign ideologies.

scholarly journals Reimagining the Fashion Retail Industry Through the Implications of COVID-19 in the Gulf Cooperation Council (GCC) Countries

2021 ◽  
pp. 231971452110395
Author(s):  
Prakash H. Narayan Rao ◽  
Nitin Simha Vihari ◽  
Shazi Shah Jabeen
Keyword(s):  
Supply Chain ◽  
Business Strategy ◽  
Big Data Analytics ◽  
Gulf Cooperation Council ◽  
Business Environment ◽  
Business Strategies ◽  
Retail Industry ◽  
Business Environments ◽  
Fashion Retail ◽  
The Rich

The COVID-19 pandemic has disrupted the fashion retail industry. The Gulf Cooperation Council Countries (GCC) is the home of family-centric shopping malls and brick and mortar stores (B&M). This article aims to provide a critical look at the business strategies which the fashion retail companies need to adopt to provide consumers with an integrated online and B&M service which will be essential to survive in the post-pandemic business environment. This article is based on the rich industry experience of the authors and extensive secondary research on the business strategies being employed by the leading fashion retailers in the GCC region to combat the pandemic disruption. The study highlights the importance of a comprehensive rethink on business strategy for the GCC fashion retailers with adoption of digitalization technologies and an adaptive supply chain as the pillars to survive the post-pandemic normal of business environments. The study concludes with a look to the future strategies for fashion retailers in developing a digitalization blueprint, using cloud technologies and big data analytics, leveraging social media, building an agile and adaptive supply chain with omnichannel capability, and ensuring that future products and services are sustainable and socially responsible.

Teachers' Self-Efficacy in Cross-Cultural Perspective

2008 ◽  
Author(s):  
Robert M. Klassen ◽  
Mimi Bong ◽  
Ellen L. Usher ◽  
Wan Har Chong ◽  
Vivien S. Huan ◽  
...  
Keyword(s):  
Self Efficacy ◽  
Cross Cultural ◽  
Cultural Perspective

Job complexity, job strains, and self-efficacy in cross-cultural settings

2007 ◽  
Author(s):  
Cong Liu ◽  
Paul E. Spector ◽  
Margaret M. Nauta ◽  
Leila Zaghloul ◽  
Chaoping Li
Keyword(s):  
Self Efficacy ◽  
Cross Cultural ◽  
Job Complexity ◽  
Job Strains

Personality and Self-Efficacy: A Cross-Cultural Look at P-E Fit

2006 ◽  
Author(s):  
Tsui-Feng Wu ◽  
Lisa M. Larson ◽  
Meifen Wei ◽  
Donna C. Bailey ◽  
Fred H. Borgen
Keyword(s):  
Self Efficacy ◽  
Cross Cultural

Management of intercultural communications for an organization leading an international activity

2019 ◽  
pp. 151-159
Author(s):  
S.G. Malikova ◽  
N.Yu. Ivanova
Keyword(s):  
Business Environment ◽  
Cross Cultural ◽  
International Activity ◽  
Intercultural Communications

The necessity to establish intercultural communications for organizations is an aspect of globalization. It is important for an organization with international contacts to manage cross-cultural communications for control of the situation. The authors suggest an approach to study particularities of a country business environment and demonstrate examples of implementing it into practice.

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