scholarly journals Innovation in Financial Services: A Challenge for Start-Ups Growth

2016 ◽  
Vol 11 (3) ◽  
pp. 149 ◽  
Author(s):  
Vincenzo Formisano ◽  
Maria Fedele ◽  
Emanuela Antonucci

<p>Innovative services offered by a medium-sized bank, deeply rooted in the territory, generate benefits for the local start-ups and consequently for the local context. The present work aims to verify such research hypothesis, focusing on the analysis of economic-financial implications as well as social ones generated by start-ups projects whose initiatives have been considered deserving of funding and then admitted to micro-credit disbursement by Banca Popolare del Cassinate (BPC).</p><p>The methodology implemented has a dual nature. The work firstly detects literature contributes about innovative services for business growth such allocation of financial resources for company survival. Secondly, the empirical part of the paper explores the results produces by the project "First Idea", financially supporting the creation and growth of new businesses that present innovative projects and are supposed to generate worth. Reasonably, the research is based on the qualitative approach, using the multi-method layout for data collection, whose validation is performed through the triangulation method.</p>As result, the analysis confirms the benefits generated by the BPC initiatives at different levels, and that without innovation there is not economic growth nor local community development.

2020 ◽  
Author(s):  
Haziz Vila ◽  
Nikolaos Sklavounos ◽  
Evangelos Vergos ◽  
Konstantinos Rotsios ◽  
Hysen Shabanaj

Corporate Social Responsibility (CSR) has become an integral part of firms’ strategies in their effort to increase their positive impact on society. This study investigates the impact of a CSR initiative, known as “The LAB Project”, implemented by the TITAN– Sharrcem Company, on the rural community of Hani I Elezit in Kosovo. The LAB project aims to support the establishment and operation of agricultural and food-related start-ups and, most importantly, to ensure their sustainability. The sample of the study consists of 174 area residents. This research examines local residents’ perceptions about a) the TITAN-Sharrcem operations in the area, b) the LAB project’s main contribution to the local community,  c) the project’s overall performance, d)  the profitability of the start-ups created by the project, and e)  the project’s effect on the community’s quality of life. Overall, the results reveal that the project has set the foundation for the community’s sustainable development. To the best of the authors’ knowledge, this is the first research on the effect of such initiatives in the region. Keywords: Corporate Social Responsibility, Rural Entrepreneurship, Community Development


2016 ◽  
Vol 2 (1) ◽  
pp. 70-88
Author(s):  
Cynthia M. Phiri

This article examines the process of collecting voices from a participatory community development perspective and the theoretical framework from which the process was facilitated. The focus of the study was on building a viable and good organization that is responsive to the needs of its primary stakeholders. This is the operationalization of the principle of empowerment of men and women alike – aimed at enhancing the sustainability of the envisaged project beyond the time of the research-facilitator’s departure. Through this participatory community development process participants were enabled to start a Stokvel project, the aim of which was to help augment the members’ financial resources so as to sustain payment of their children’s day care fees and to also materialize the spirit of Ubuntu (humaneness) among themselves as local community members. Given the lessons learnt this article concludes that after engaging people in capacity building as facilitators of participatory community development, it is important to give people a voice at grassroots level, allowing them to make informed decisions and choices about their situations. This in turn helps them take control of their lives in a meaningful way. Besides this, the researcher is also intrigued by the task of documenting the process of collecting the latter voices and the attendant lessons learnt.


2015 ◽  
Vol 17 (1) ◽  
Author(s):  
Chandra Dewi Puspitasari

This study is aims to determine the implementation of corporate social responsibility in the form of “Program Kemitraan dan Bina Lingkungan (PKBL) at PT Madubaru and the obstacles, and to determine the impact of the implementation of corporate social responsibility, both for companies and for local communities who were targets PKBL. This study is a descriptive study with qualitative approach. Subject of study is determined by purposive and snowball technique. The data was collected by interviews and document studies. Furthermore, the data were analyzed using inductive analysis. The results suggest that corporate social responsibility that is implemented is still largely in the form of momentary fulfillment, not to the aspect of sustainability as intended in community development. Obstacles encountered in implementing PKBL is difficult to find small businesses that fit with the company's business activities, the difficulty of finding good business-minded and responsible, and not compatibles PKBL budget allocation for the activity by the number of requests, so the funds are rolled still considered small by the community. The impact of the implementation is not optimal PKBL felt, because, although PT Madubaru has implemented PKBL in various activities and felt there was a good relationship with the local community that is created through the implementation PKBL, but on the other side of the perceived benefit of trained partners and target communities to the extent not empower society


Author(s):  
Silya Putri Pratiwi ◽  
◽  
Dian Kagungan ◽  
Eko Budi Sulistio ◽  
◽  
...  

Forest management in terms of its production function is directed towards management that is oriented towards all potential forestry resources and is based on community empowerment. The Wana Tekat Mandiri Farmer Group Association manages community forests, namely state forests whose main use is aimed at empowering the community. The rampant illegal logging is carried out by irresponsible parties outside of the farmer group association. So that community groups that carry out illegal logging do not support the Regional Government in providing guidance to the Association of Farmer groups in the Sendang Agung District area. The type of research used in this research is descriptive type with a qualitative approach, data collection techniques, observation, interviews, documentation. The results of this study indicate that the strategy of community development and empowerment in community forest utilization has been running well and the implementation of the strategy has been deemed successful in implementation. The coaching strategy has a main objective in the framework of developing a coaching plan in carrying out activities or programs of Gapoktan Wana Tekad Mandiri, namely by how to develop skills, develop knowledge and develop attitudes. The existence of this coaching strategy is expected to have a good empowering impact on the community.


Author(s):  
Oleh Pankiv

The theoretical and methodological principles of promising managerial decisions concerning the efficiency of attracting financial resources, as well as creation of fundamentally new sources of funding for the development of energy-oriented start-ups are considered. The role and place of the sectors of innovative energy saving and alternative sources of power supply in a complex system of energy independence of the country are determined. The way and the main directions of research and development of the ways to solve the aforementioned problem are outlined. As part of the search for optimization solutions, it is suggested to use the principles of the existing statistical and mathematical apparatus, marketing achievements and achievements in network development that take place in gaming business. An analogue comparison of the principal models was carried out, during which the existing types of energy-oriented start-ups were determined and presented. A separate direction in the economic search is proposed, and its profile characteristics are outlined. The type of model is typical for Ukrainian conditions. The author proposed a method of comparing strategies for attracting financial resources into a gaming business in the core of the research. To solve the investigated problem, it is proposed to apply the property of the law of the emergence. The analysis is based on a concrete example of the functioning of the tender procedure, namely the organization of public procurement. The purpose of the article is to consider and analyze the author's proposal to focus on such an important phenomenon as the constant creation of the difference between the expected price and the final contractual price. The model of the solution is based on the systematic combination of this phenomenon and the administrative stimulation of implementation of exclusively energy-innovation projects. The combination of these two points is the basis of an optimization policy for the potential formation and maintenance of a state program to search and stimulate the sources of funding for power plants.


Author(s):  
Henrik Nerga˚rd ◽  
Tobias Larsson

In this paper empirical finding from a study conducted at an aerospace company is compared to theory regarding Experience Feedback (EF), Lessons Learned (LL) and Decision Making (DM). The purpose with the study was to examine how EF within the organization was conducted and what problems and possibilities that was seen. A qualitative approach was taken and interviews and a workshop was conducted. The empirical findings show that EF exist on different levels within the organization but current feedback processes are currently leaning more towards archiving and storing than knowledge sharing and learning. Also passive dissemination approaches are mostly used whereas active dissemination within the correct context is needed The aim with this paper is to discuss issues and empirical findings that should be considered when creating work methods and systems that support learning by EF and LL dissemination.


Author(s):  
Anna de Fina

AbstractThis article focuses on the inter-relations between storytelling and micro and macro contexts. It explores how narrative activity is shaped by and shapes in unique ways the local context of interaction in a community of practice, an Italian American card-playing club, but also illustrates how the storytelling events that take place within this local community relate to wider social processes. The analysis centers on a number of topically linked narratives to argue that these texts have a variety of functions linked to the roles and relationships negotiated by individuals within the club and to the construction of a collective identity for the community. However, the narrative activities that occur within the club also articulate aspects of the wider social context. It is argued that, in the case analyzed here, local meaning-making activities connect with macro social processes through the negotiation, within the constraints of local practices, of the position and roles of the ethnic group in the wider social space. In this sense, narrative activity can be seen as one of the many symbolic practices (Bourdieu 2002 [1977]) in which social groups engage to carry out struggles for legitimation and recognition in order to accumulate symbolic capital and greater social power.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Monther Jamhawi ◽  
Shatha Mubaideen ◽  
Basem Mahamid

PurposeThe purpose of this paper is to present a framework for the adaptive re-use of wheat milling buildings setting in modern urban contexts in Jordan. This paper also aims to highlight the industrial heritage with a focus on wheat milling buildings, which date back to the beginning of the 20th century, as they document and represent significant aspects of the socio-cultural history of Jordan.Design/methodology/approachThe approach to this statement will be through a theoretical investigation into the notion of industrial heritage, a historical overview of wheat milling in Jordan, as well as a case study analysis to support the theoretical framework following a value-based approach for the case of Baboor Al-Qisar. Baboor Al-Qisar is a wheat milling structure that the Department of Antiquities (DoA) is willing to adaptively reuse as an industrial museum that tells the local narrative of wheat milling and points out the non-physical values associated with the building’s original use.FindingsThe paper introduces a framework for wheat milling buildings incorporation within the modern urban context as industrial heritage museums or socio-cultural facilities. The findings offer a reflection on approaching similar case studies as a tool for their conservation, management and promotion to create new tourist destinations as a form of sustainable urban regeneration.Originality/valueThis research bridges the gap between practice and theory in terms of adaptive reuse strategies within the Jordanian local context. No similar studies have been done on wheat milling structures from the 20th century in the country with local community engagement as an integral part that is carried out within the functionality and future use of the site.


Author(s):  
David William Best ◽  
Gerard Byrne ◽  
David Pullen ◽  
Jacqui Kelly ◽  
Karen Elliot ◽  
...  

Purpose – The purpose of this paper is to test the feasibility of utilising an Asset-Based Community Development (ABCD) model in the context of an Alcohol and Other Drug Therapeutic Community, and to use this as a way of assessing how TCs can contribute to the local communities in which they are sited. Design/methodology/approach – This is a qualitative action research project, based on an evolving model in which key stakeholders from participating sites were instrumental in shaping processes and activities, that is a partnership between a research centre, Turning Point in Melbourne, Australia and two Recovery Services operated by the Salvation Army Australia Eastern Territory (TSA). One of these is the Dooralong Transformation Centre on the Central Coast of New South Wales and the other, Fairhaven, is in the Gold Coast hinterland of Queensland, Australia. The project was designed to create “rehabilitation without walls” by building bridges between the treatment centres and the communities they are based in, and improving participation in local community life. This was done through a series of structured workshops that mapped community asset networks and planned further community engagement activities. Findings – Both of the TCs already had strong connections in their local areas including but not restricted to involvement with the mutual aid fellowships. Staff, residents and ex-residents still in contact with the service were strongly committed to community engagement and were able to identify a wide range of connections in the community and to build these around existing Salvation Army connections and networks. Research limitations/implications – This is a pilot study with limited research findings and no assessment of the generalisability of this method to other settings or TCs. Practical implications – Both TCs are able to act as “community resources” through which residents and ex-residents are able to give back to their local communities and develop the social and community capital that can prepare them for reintegration and can positively contribute to the experience of living in the local community. Social implications – This paper has significant ramifications for how TCs engage with their local communities both as a mechanism for supporting resident re-entry and also to challenge stigma and discrimination. Originality/value – The paper and project extend the idea of ABCD to a Reciprocal Community Development model in which TCs can act as active participants in their lived communities and by doing so can create a “therapeutic landscape for recovery”.


Author(s):  
S. P. Bansal ◽  
Jaswinder Kumar

Ecotourism is sustainable tourism, which is based on the ecological principle and sustainable development theory. There is emergent need of capacity building for local people for ecotourism in the villages of Great Himalayan National Park (GHNP). Ecotourism involves local community for the conservation of the area’s ecology and biodiversity, in return, provides economic incentives to the community. This paper studies the ecotourism perspective from the point of view of major stakeholders of ecotourism, i.e., local communities, tourists, ecotourism operators, and government officials in Great Himalayan National Park (GHNP) of Kullu district in Himachal Pradesh. This study determines the various issues related to ecotourism and these stakeholders’ opinions about these issues. A lack of knowledge and awareness exists in the local community about ecotourism and its benefits, while the other stakeholders have strong opinions for various ecotourism statements. An ANOVA test is conducted followed by a Scheffe test to the different groups of stakeholders. The paper gives some suggestions to increase ecotourism awareness, capacity building for ecotourism for the local community, and community participation for the development of ecotourism in GHNP.


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