scholarly journals Relational coordination in the entrepreneurial ecosystem

2020 ◽  
pp. 135-158
Author(s):  
Débora de Esteban Escobar
Keyword(s):  
Value Creation ◽  
Delphi Method ◽  
Relational Coordination ◽  
Business Incubators ◽  
Entrepreneurial Ecosystem ◽  
Private Companies ◽  
Coordination Model ◽  
Different Dimensions ◽  
Support Programmes ◽  
Practical Implications

Objective: This study aims to evaluate the effectiveness of business incubators and business accelerators when launching any type of business initiative on to the market, with the aim of discovering whether or not they effectively meet the expectations of both job and value creation for society at large and, consequently, whether or not they are a profitable instrument to achieve this. The aim is to try to establish whether the results obtained from these organisations are a result of complying with the different dimensions of the relational coordination model. Methodology: The methodology of this article sets out a theoretical framework which highlights the organisations that exist to help the entrepreneur. At the same time, this is done by means of the Delphi method, a survey of different experts in the field, in order to obtain a number of conclusions or arguments that will provide more information. Results: The results of this study have been positive: entrepreneurship support programmes play an important role in the development of the entrepreneurial ecosystem, creating an ideal environment for startups. Limitations: A possible limitation of this study is that only business incubators and business accelerators have been involved, without bearing other types of organisations in mind, such as coworking centres, whose mission is also similar. Practical implications: There is currently a growing interest on the part of public administrations and private companies in creating organisations with these characteristics, with the aim of promoting innovation and economic development in our society.

The stakeholder value map: a new tool to measure success with diverse groups

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nitin Pangarkar ◽  
Natasha Pangarkar
Keyword(s):  
Value Creation ◽  
Design Methodology ◽  
Superior Performance ◽  
Multiple Stakeholders ◽  
Content Type ◽  
Organizational Contexts ◽  
Different Dimensions ◽  
Diverse Groups ◽  
Practical Implications

Purpose This study aims to propose a framework to help firms craft value-creating strategies for multiple stakeholders. Design/methodology/approach The study uses an inductive methodology based on analysing strategies for two exemplar companies, namely, Starbucks and Wagestream. Key insights about how value creation by these companies for multiple stakeholders led to their superior performance, as well as generalizable lessons from the exemplar companies, were identified. Findings The study finds that the performance of the two exemplar companies can be explained effectively through the framework. Research limitations/implications The framework proposed in the study requires a large amount of data about the value created for different stakeholders. Because the framework is comprehensive, managers need to aggregate different dimensions and varied data which can lead to manipulation or misuse by self-serving managers who wish to make their own strategies or performance look good. Practical implications The study identified specific actionable ideas that organizations can undertake to enhance the value they create for their various stakeholders. Originality/value The study is the first to develop an actionable framework that can be used by companies to craft strategies based on creating or enhancing stakeholder value. The framework is flexible with regard to application in different country, industry or organizational contexts.

scholarly journals Value Creation of Business Incubator Functions: Economic and Social Sustainability in the COVID-19 Scenario

2021 ◽  
Vol 13 (12) ◽  
pp. 6888
Author(s):  
Cristina Lin-Lian ◽  
Carmen De-Pablos-Heredero ◽  
José Luis Montes-Botella
Keyword(s):  
Value Creation ◽  
Structural Equation ◽  
Structural Equation Models ◽  
Social Benefits ◽  
Business Incubators ◽  
Entrepreneurial Ecosystem ◽  
Academic Literature ◽  
Positive Effects ◽  
The Social ◽  
The Subject

Spain has encouraged support to sustain entrepreneurs in the COVID-19 pandemic. In this paper, the usefulness of the functions of business incubators regarding the social benefits derived from enhancing the sustainability of the entrepreneurial ecosystem is studied in the context of the COVID-19 scenario. Due to the lack of academic literature on the subject, an analysis based on the application of structural equation models (SEMs) has been carried out using a theoretical framework built and empirically validated using a representative sample of Spanish entrepreneurs. The results show that, according to stakeholders, the functionalities of business incubators were oriented to drive entrepreneurial initiatives to have highly positive effects on society. This research evidences that business incubators are key mechanisms to make entrepreneurship, growth and economic development more sustainable in society.

Consumer value creation through WhatsApp use

2019 ◽  
Vol 32 (4) ◽  
pp. 455-471
Author(s):  
Jorge Cruz-Cárdenas ◽  
Jorge Guadalupe-Lanas ◽  
Ekaterina Zabelina ◽  
Andrés Palacio-Fierro ◽  
Margarita Velín-Fárez ◽  
...  
Keyword(s):  
Latin American ◽  
Value Creation ◽  
Emotional Support ◽  
Design Methodology ◽  
Instant Messaging ◽  
Role Performance ◽  
Content Type ◽  
Consumer Value ◽  
Depth Interviews ◽  
Practical Implications

Purpose The purpose of this paper is to understand in-depth how consumers create value in their lives using WhatsApp, the leading mobile instant messaging (MIM) application. Design/methodology/approach The study adopts the perspective of customer-dominant logic (CDL) and uses a qualitative multimethod design involving 3 focus groups and 25 subsequent in-depth interviews. The research setting was Ecuador, a Latin American country. Findings Analysis and interpretation of the participants’ stories made it possible to identify and understand the creation of four types of value: maintaining and strengthening relationships; improving role performance; emotional support; and entertainment and fun. In addition, the present study proposes a conceptual model of consumer value creation as it applies to MIM. Practical implications Understanding the way consumers create value in their lives using MIM is important not only for organizations that offer MIM applications, but also for those companies that develop other applications for mobile phones or for those who wish to use MIM as an electronic word-of-mouth vehicle. Originality/value The current study is one of the first to address the topic of consumer behavior in the use of technologies from the perspective of CDL; this perspective enables an integrated qualitative vision of value creation in which the consumer is the protagonist.

Equal pay, equal access

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Keyword(s):  
Gender Equality ◽  
Gender Gap ◽  
Social Representations ◽  
Gender Inequalities ◽  
Equal Pay ◽  
Life Balance ◽  
Content Type ◽  
Pertinent Information ◽  
Different Dimensions ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Global workforces are still impacted by gender inequalities – there remains a gender gap in pay, in access to roles of responsibility and in terms of work-life balance. A challenge facing gender equality in the workplace is an agreed definition – organizations, managers and employees have different social representations of gender equality and place differing levels of importance on different dimensions. This can affect implementation of gender equality policies in the workplace, which rely on the goodwill of individuals to put policy into practice. Organizations need to recognize which dimensions are most important to their workplace in order to successfully implement equality. Originality The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

“Expect the unexpected”

2015 ◽  
Vol 6 (1) ◽  
pp. 54-72 ◽  
Author(s):  
Guido Ellert ◽  
Guido Schafmeister ◽  
David Wawrzinek ◽  
Heike Gassner
Keyword(s):  
Problem Solving ◽  
Value Creation ◽  
Uncertainty Management ◽  
Event Management ◽  
High Quality ◽  
Content Type ◽  
Value Network ◽  
Value Net ◽  
Practical Implications ◽  
Event Managers

Purpose – The purpose of this paper is to analyse event management by using three value creation logics, value chain, value network and value shop. In event management, value is generated through intermediation where the dominant creation logic is a value network. However, the complexity of events and danger of unexpected problems is increasing, which, in the worst case, leads to event failure. This fact makes it necessary to change the general attitude towards this topic from risk management to uncertainty management and use the value shop in order to solve problems efficiently. Design/methodology/approach – This paper is based on the methodology of phenomenological hermeneutics which analyzes the object of study by interpreting the facticity and provides basics to generate a conceptual model. Findings – The dominant value creation logic must be changed to prevent the value network from failure in generating value, since only the value shop provides high quality problem solving. Trust not only in planning but also in the own problem-solving competence and available tools is a major part of the value shop. As a practical example of high quality problem solving, the performance of high reliability organisations can be used by event managers. Research limitations/implications – Using these hermeneutical gained logic, additional empirical research projects in event management, leadership and problem-solving competence of top managers, are promptly intended. Additionally, studies concerning competences and structures of the uncertainty management team have to be determined and developed as well as education and coaching has to be generated in order to achieve best results in problem solving. Practical implications – Practical implications of this paper are: considering the value shop as the dominant value creation logic in uncertainty management; establishing a specially trained Complex Problem-Solving Team; and considering trust to be an essential element of the value shop. Social implications – The basic job requirements a successful value net (event-) manager has to provide in such a complex system are: acting as integrator, mediator and problem solver simultaneously. Additionally event managers need to be trained to rethink the value creation logic and use the value shop within the value net to stay flexible and work successfully during their events. Originality/value – Derived from this new perspective the necessity of enhancing the implemented value creation logic according to uncertainties allows event managers to solve unexpected problems faster and more efficiently.

scholarly journals Can Corporate Social Strategy Create Shared Value Toward Creative Business? “Volvo Social Strategy Model”

ECONOMICS ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 109-124
Author(s):  
Ishak Kherchi ◽  
Fellague Mohamed ◽  
Haddou Samira Ahlem
Keyword(s):  
Value Creation ◽  
Single Case ◽  
Shared Value ◽  
Single Case Study ◽  
Social Strategies ◽  
Social Strategy ◽  
Creating Shared Value ◽  
Corporate Social ◽  
Practical Implications

Abstract Purpose: This paper aims to provide corporate social strategies as an entrance to create shared value, in addition to that we aims to provide a theoretical and practical contributions that ground understanding the concept of creating shared value. Design/methodology/approach: The authors analyze a single case study of Volvo corporation. The objective is to evaluate whether the corporate social strategies can yields to a shared value creation. Findings: We found that corporate social strategies followed by Volvo Corporation yields to a shared value creation. Research limitations/implications: This single case study provides an entrance to create shared value; however, more research is needed to find other entrances. Practical implications: The paper has practical implications that relate to the design of shared value model. We provide practical well known strategies that could be apply by corporations to reach shared value creation. Originality/value: A unique view of corporate social strategy and creating shared value concept.

scholarly journals Managing relationships and communications in higher education efficiently through digital social networks: The importance of the relational coordination model

DYNA ◽  
2016 ◽  
Vol 83 (195) ◽  
pp. 138-146 ◽  
Author(s):  
Alexander Lacayo Mendoza ◽  
Carmen De Pablos Heredero
Keyword(s):  
Higher Education ◽  
Social Networks ◽  
Relationship Marketing ◽  
Institutions Of Higher Education ◽  
Relational Coordination ◽  
Coordination Model ◽  
Efficient Communication ◽  
Great Support ◽  
Productivity And Competitiveness ◽  
Satisfaction Relationship

Digital social networks have proven to be of great support for organizations that are increasingly using new forms of social communication every day, seeking to improve their productivity and competitiveness. The main objective of this study is to explain how organizations, particularly Institutions of Higher Education, can improve their competitive position through the use of digital social networks from the perspective of relationship management and management of communications, in order to achieve better results in terms of teamwork satisfaction, relationship marketing and educational excellence. For this objective, the application of a relational coordination model, based on the sharing of objectives, optimal knowledge management, mutual respect and efficient communication mechanisms, is suggested.

Service flexibility: conceptualizing value creation in service

2016 ◽  
Vol 26 (6) ◽  
pp. 868-888 ◽  
Author(s):  
Danilo Brozovic ◽  
Fredrik Nordin ◽  
Daniel Kindström
Keyword(s):  
Conceptual Model ◽  
Value Creation ◽  
Customer Value ◽  
Contextual Influences ◽  
Content Type ◽  
Starting Point ◽  
Service Oriented ◽  
Service Logic ◽  
The Subject ◽  
Practical Implications

Purpose The purpose of this paper is to analyze the subject-specific literature on service and flexibility and derive a conceptualization of the linkages between provider flexibility and customers’ value creation. Design/methodology/approach The authors analyze existing perspectives on service and flexibility and propose linkages between provider flexibility and customer value creation. Findings Drawing on the service logic literature, and utilizing real-world examples, this paper advances propositions and a conceptual model of how flexibility can contribute to value creation. Research limitations/implications This paper establishes the basis for a practical and applicable flexibility perspective on value creation. It is particularly important for service-oriented providers and other firms operating in dynamic contexts. Practical implications The propositions and conceptual model offer suggestions on the manner in which provider flexibility contributes to customer value creation. Contextual influences that moderate provider flexibility in value creation are also included. Originality/value This paper contributes a novel perspective on service, which may serve as the starting point for the development of a more formal flexibility perspective on value creation.

The value creation logic and the internationalisation of internet firms

2016 ◽  
Vol 26 (3) ◽  
pp. 349-370 ◽  
Author(s):  
Denitsa Blagoeva Hazarbassanova
Keyword(s):  
Value Creation ◽  
Research Question ◽  
International Strategy ◽  
Service Firms ◽  
Content Type ◽  
Digital Service ◽  
Internet Firms ◽  
Value Propositions ◽  
Value Creation Process ◽  
Practical Implications

Purpose The purpose of the research is to put to a test the belief that the idiosyncratic internationalisation process of Internet firms is homogeneous. The research question is thus, “How does the value creation logic of Internet firms influence their internationalisation process?”. Design/methodology/approach The authors answer this question using three cases illustrating the internationalisation process of three pure play digital service firms, each falling into one value creation logic. Findings Each case company had a different approach to internationalisation, explained by a different theory. The firms differed in what their motivation was to internationalise, how they dealt with their liability of foreignness and how they learnt to internationalise. The differences were consistent with the specificities of their value creation. The contribution of this paper is to take the first steps towards linking the way firms create value with their internationalisation. What theory best explains the internationalization of IFs seems contingent on what firms do. Practical implications The message to practitioners is that international strategy not only can but also needs to be different across firms. It needs to be tailored to the concrete way a firm endeavours to generate and capture value. “One strategy fits most” is unlikely to succeed, because different value propositions demand different approaches to realising them. Originality/value In extant literature, IFs have been treated as one group, albeit distinct from “offline” firms. This paper proposes that the value creation process of IFs causes them to differ from each other, just as much as they differ from traditional firms.

Polish perceptions on changing the world with sustainable entrepreneurship

2021 ◽  
Vol 37 (4) ◽  
pp. 19-21
Keyword(s):  
Value Creation ◽  
Design Methodology ◽  
Business Models ◽  
Design Stage ◽  
Model Design ◽  
Content Type ◽  
Coffee Waste ◽  
The World ◽  
Pertinent Information ◽  
Practical Implications

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This research paper highlights how circular economy business models focus on the regenerative value creation inherent in reusing resources and waste. Circular startup transformations see founders moving out of sustainability-focused mindsets and into taking specific action to construct innovative circular business models. The purpose-led founders combined environmental and economic goals to produce scalable engines capable of inspiring and educating customers and larger companies on the beauty of reusing waste. Solving universal problems at their business model design stage allowed the Polish startups – for example, EcoBean who make renewable energy coffee briquettes from coffee waste – to offer value to international customers. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

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