Value Creation, Innovation, and Entrepreneurship

Author(s):  
Miguel-Angel Galindo-Martín ◽  
María-Teresa Méndez-Picazo

The literature has traditionally focused on the relationship between innovation and entrepreneurial activity, adopting mainly two perspectives when addressing entrepreneurship: empirical studies focusing on the behaviour of companies, and studies that consider entrepreneurship as a factor promoting the achievement of economic policy objectives. Following Schumpeter, innovation is a key source of value creation, generating growth in companies and the economy as a whole. But it is also important to remember the feedback effects generated in this process. This chapter analyses the relationship among three variables: entrepreneurship, innovation, and value creation, as well as the subsequent feedback effects. The theoretical aspects are considered and an empirical analysis is developed for the case of some European countries.

2021 ◽  
Vol 275 ◽  
pp. 03008
Author(s):  
Haiyan Ye ◽  
Qin Chen ◽  
Yaotang Chen ◽  
Yingzhi Chen

The combination of innovation and entrepreneurship education with administrative management can improve professional innovation ability and development thinking of students, and improve the quality of talent training. Based on the empirical analysis of six colleges in Conghua, Guangzhou, this paper analyzed the current problems in the integration of innovation and entrepreneurship education and administrative management in universities. Combined with survey and interview data and materials, this paper studied the relationship between innovation and entrepreneurship education and administrative management from the perspectives of students and teachers, summarized and classified the integrated characteristics of the surveyed colleges. It also proposed a four-in-one “1+4” integration circle of “teacher-company-university-society”, which centered on students, so as to escort the practice and guarantee of the two systems, and promote the high integration of innovation and entrepreneurship education and management majors in colleges.


2019 ◽  
Vol 34 (7) ◽  
pp. 445-458 ◽  
Author(s):  
Hsueh-Liang Fan ◽  
Sheng-Tsung Hou ◽  
Yu-Hui Lin

Purpose The purpose of this paper is to explore flow as an underlying mechanism linking psychological ownership (PO) and subjective happiness and identify how flow affects employees’ subjective happiness. Design/methodology/approach Two separate samples were used. Sample 1 examined the responses of 120 female spa workers. Sample 2 examined the responses of 334 male logistics technicians. Data were collected through paper-based questionnaires across two time points. Findings PO was positively related to employees’ subjective happiness across both samples. Furthermore, PO has distinct impacts on employees’ subjective happiness through two distinct measures of flow: immersion and mastery. The authors found that immersion fully mediates the relationship between PO and employee subjective happiness in Sample 1, and mastery in Sample 2. Originality/value This is one of the first empirical studies to examine whether and how PO increases employees’ subjective happiness. The results contribute to the literature by providing a theoretical rationale for and an empirical analysis of a model wherein flow mediates the linkage between employees’ feelings of PO and their subjective happiness.


2017 ◽  
Vol 50 (4) ◽  
pp. 277-287 ◽  
Author(s):  
Ammon Cheskin

In this article, I adopt a structural approach to Russian soft power, switching focus from the supposed agent of power (Russia), towards the subjects of power (Ukrainians). I outline the applicability of this approach to empirical studies into soft power, demonstrating how soft power can be examined from bottom-up, discursively-focused perspectives. The empirical analysis then traces how Ukrainians (do not) link their self-identities to discursive understanding of “Russia”. Reviewing recent insights into the relationship between soft power and affect, I argue that Ukrainians’ cultural, historical and linguistic ties with Russia often lack necessary emotional force to generate meaningful soft power.


2020 ◽  
Vol 80 (3) ◽  
pp. 377-400
Author(s):  
Yanling Peng ◽  
Rong Kong

Purpose The purpose of this paper is to investigate the economic relationship with recent changes in China’s land use policy and rural development through innovation and entrepreneurship. Design/methodology/approach The first issue of economic importance is in understanding the market value of land use rights (LUR) transactions. To examine this, the authors build an argument around the idea of economic and marginal rents from Ricardo. The second issue relates to the extent by which deepening the rural financial landscape by allowing the mortgaging of LUR will promote and advance much needed entrepreneurial activity. To explore this issue, the authors draw on Schumpeter. The empirical contribution is based on a survey of 1,465 farm households in Gansu, Henan, Shaanxi and Shandong provinces. Findings In an endogenous Two-Stage Least Squares model, the authors find a positive and significant relationship between a willingness to mortgage LUR and entrepreneurship, which suggest that the new policy may well meet that objective. However, the authors do not find that entrepreneurs alone will have a willingness to mortgage LUR; non-entrepreneurs – traditional farmer types – would also be willing to mortgage LUR, but with a caveat that either group already has a disposition or demand for credit. Originality/value The value of the analysis is to provide an evidence to understand the market value of LUR transactions and to study the relationship between mortgage of LUR and entrepreneurial activity.


Author(s):  
Luísa Cagica Carvalho

Innovation and entrepreneurship are important topics associated with management studies. Research into the hospitality companies, especially within the fields of entrepreneurship and innovation, continue little studied mainly with respect to the development of empirical studies applied to these companies. The aim of this study is to understand the innovation and entrepreneurship process in hospitality companies using a theoretical model proposed by Timmons. To achieve the objective of this study, the empirical part uses a case study methodology applied to hospitality Portuguese group. The intent of the present study is to give some solid contributions to literature on this subject, and provide some contributions to support future studies about innovation and entrepreneurship process in hospitality companies. The theoretical model used considers different dimensions to study entrepreneurship and innovation, such as, search and identification of opportunities, people and resources, and their influence on entrepreneurial activity. This chapter provides important clues about the importance of human resources and financial resources to promote innovation and entrepreneurship in hospitality companies.


Author(s):  
Marlena Grabowska

The main goal of this paper is a theoretical and empirical analysis of selected aspects of entrepreneurship. The significance of this topic is mainly due to the role and impact of entrepreneurial activity on both the economic and social areas of the business units. Taking into consideration the variety and complexity of the entrepreneurship issues, its integral connection between economic sphere of activity and behavior, both individuals and society should be emphasized. In economic terms entrepreneurship is usually interpreted as the ability to solve business problems in creative and innovative way and its join also with the ability to use the opportunities and chances arising in business. Empirical studies aimed at to analyze and evaluate entrepreneurial attitudes have been carried out on the basis of data published by the Polish Agency for Enterprise Development, conducted as a part of the survey Global Entrepreneurship Monitor (GEM). Selected aspects of entrepreneurship in international perspective were analyzed. Particularly assessment of Poland relating to other countries were included.


1973 ◽  
Vol 6 (4) ◽  
pp. 624-638 ◽  
Author(s):  
Robert R. Gilsdorf

To many political scientists the stuff of the discipline is supposed to be the delineation and comparison of power and influence relationships. Yet I doubt that we have really progressed very far in our empirical analysis of such phenomena; and indeed empirical studies, especially those conducted in the field, or in the “real” world, which have actually demonstrated influence relationships or tested formulations, seem to have lagged far behind the conceptual part of the enterprise. As one leading formulation puts it, one actor has influence over another actor in so far as he can change his behaviour (opinions, etc.) or get him to do something he would not otherwise do. Even to demonstrate that in any given setting certain actors have more influence and others less, let alone to explain the finding convincingly or to attempt comparisons with other settings, requires careful measurement of the motives, skills, and resources of both influencers and influencees. The requirements are very demanding, of course, and it is no wonder that empirical research has not been able to portray and explain the full reciprocal nature of influence relationships. The concession made to the conceptual and empirical difficulties of the problem seems to have been to examine only one of the actors, or half of the relationship; and in practice this seems to have worked out to be a concentration more on the influential than on the influenced. At times it seems that we have been enthralled simply by the thought of having discovered the influence-wielder, and that we have forgotten that there must also be others who are influence-recipients. As a hopeful correction to this one-sided treatment of influence relationships, and also simply to present some evidence on a topic that needs more documentation, my intention in this paper is to examine those influenced in local politics.


Author(s):  
Catalina Lomos

AbstractVarious empirical studies have established the positive relationship between teacher professional community (PC) and participative decision-making (PDM) within schools. Considering that these relationships proved relevant to school improvement in different countries, a comparative approach will allow us to establish whether this positive relationship holds true for a wider range of European countries. This study presents results of this relationship using data from 35,000 secondary teachers in 22 European countries. Taking an exploratory approach, the study investigates the relationship between the presence of PC and the school actors involved in PDM. We are particularly interested in the level of active participation in decision-making by teachers, the school governor or counsellor, and by students, and the relative presence of PC. We find this relationship to be significant and positive, but varying in strength according to the actors involved in decision-making. Furthermore, the relationship is stronger across all countries studied when teachers are significantly involved in decision-making as opposed to when school counsellors or governors are more involved. Regarding student involvement in decision-making, its relationship with PC proved stronger when students could influence school rules or help choose teaching and learning materials. The relationships measured and compared across countries were tested for robustness by applying a test for measurement invariance of the PC latent concept and discussing its implications for the relationships of interest. After other relevant robustness checks, we conclude that, across all European countries studied, there is a positive relationship between PC and PDM in schools, with the involvement of some actors in PDM being more indicative of the presence of PC than the involvement of others.


2014 ◽  
Vol 20 (1) ◽  
pp. 133-153 ◽  
Author(s):  
Marinko Škare

We explore the long term relationship between unemployment, inflation and output in the United Kingdom during 1851–2011 in search for a possible “golden triangle” connecting “natural” unemployment, price stability and strong (fast) rates of output growth. Exploring the possibility of existence of such internal macroeconomic equilibrium is important in setting and attaining these most acclaimed macroeconomic objectives. Not only could the results be applied in setting policy objectives but also unveil if low unemployment, stable prices and fast growth are supportive objectives. Preliminary results are encouraging and open the path for further research on the subject. Not a single economic policy designed on just a vague notion on the relationship between inflation, unemployment and output should be used since it will bring disaster to the economy.


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