Journal of Entrepreneurship, Business and Economics
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Business incubators as allied in reducing the transaction costs in Mexican entrepreneurs
Full text linkPurpose- Strategic alliances are given by voluntary agreement between the parties, and have various forms, means and objectives which exist. In this text, the incubators as potential allies for entrepre-neurs in the creation process of the company and as a cause of reduction of transaction costs in the process, where the relationship between the two sides have discussed them generates benefits of vari-ous natures. While it is not set as the union of both, if it looks like the relationship and close contact, as a network, which allows the incubator to survive and achieve its objective and entrepreneurial reduce the risk of birth as a company, in addition to build networks with other companies, organiza-tions or institutions and ease of financing, and even the possibility of investors.
Design/methodology/approach- The method used for this paper is based on the analyses of official documents of the institutions referred, some studies on entrepreneurship and startups, and finally available data on new firms and institutions as RedJal and INEGI. In addition, incubators and studies on such cases were also reviewed to learn about the experience, services and working methods of these. This focused on observing what happens in Mexico about.
Findings- Business incubators in Mexico use to be strategic partners for entrepreneurs that enable the latter to reduce their transaction costs to startup a new company. Business incubators are also important to reduce the risk of death of the company and reduce uncertainty in the process. Also, the services provided, experience and expertise by incubators are important for a growing business arises with the required formality and according to the law, of course protecting its intellectual property and creating an image that pays to create its own reputation.
Conceptual Paper
Reference to this paper should be made as follows: Vargas-Hernández, J. G., and Garcia Magaña, R.S. (2014). “Business incubators as allied in reducing the transaction costs in Mexican entrepre-neurs”, Journal of Entrepreneurship, Business and Economics, Vol. 2, No. 2, pp. 1–9
De-terminants of entreprneurial career: Experience of polytechnic students
Full text linkPurpose- This study focuses on the factors influencing students’ choice of selecting entrepreneurship as their career after graduation. The paper aims to gain more understanding of how personality traits, entrepreneurship knowledge-experience and current economic environment affect entrepre-neurial career among polytechnic students in Malaysia.
Design/methodology/approach- A theoretical framework based on a literature review is developed. Empirical results were derived from a quantitative approach based on survey method and a cross sectional study. Hypothesis testing were executed where multiple regression analysis utilized to verify the direct relationship between independent variables and dependent variables.
Findings- Personality traits and favorable economic environment were proven important in explain-ing students intention to choose entrepreneurial career as their career choice after they graduated from study.
Research Implications- The results shall aid polytechnics management in formulating their curricu-lum and programs that fit students’ priorities that they shall choose their future undertaking as an entrepreneur. Malaysian public policy regarding higher education should consider some changes required in higher learning institutions in the country. Annual budget and higher learning institutions entrepreneurship programs shall be revised accordingly after considering the results of the study.
Originality/value- Entrepreneurial intention inquiries in Malaysian institutions have been very limited and an established framework need more serious efforts. This study contributes to entrepreneu-rial intention body of knowledge.
Research Paper
Reference to this paper should be made as follows: Awang, A., Ibrahim, I. I., Ayub, S. A.(2014). ―De-terminants of entreprneurial career: Experience of polytechnic students‖, Journal of Entrepreneur-ship, Business and Economics, Vol. 2, No. 1, pp. 21–40
Application of Customer Relationship Management in Emerging Economies
Full text linkPurpose- Relatively few organizations have implemented an integrated approach, which addresses all the key strategic elements of CRM. Even in more developed countries only a small number of busi-nesses have a clear idea of what they should do with information technology in order to successfully implement CRM.
Design/methodology/approach- To do so, the literature is critically reviewed and main findings are presented in different categories.
Findings- The role of information technology in development of a fully integrated CRM system with-in any organization is presented in the present paper.
Research Implications- In many countries there is still confusion as to what CRM is all about. To some it is about a loyalty scheme, to some it is about a help desk. To others it is about a relational data base for key account management and for others it is about mass profiling the customer base without undertaking detailed segmentation. Findings highlight the realities in the area of CRM appli-cation in emerging economies and criticises the existing trends.
Originality/value- The present study is among the first studies that highlights the realities in the area of CRM application in emerging economies.
Conceptual paper
Reference to this paper should be made as follows: Maleki, A, and Beheshtian-Ardakani, M. (2013). “Application of Customer Relationship Management in Emerging Economies”, Journal of Entrepre-neurship, Business and Economics, Vol. 1, No. 1/2, pp. 140–150
Heterodox Economics Approach to Business Co-operation
Full text linkPurpose- Economics and business have evolved as sciences in order to accommodate more of ‘real world’ solutions for the problems approached. In many cases, both business and economics have been supported by other disciplines in order to obtain a more complete framework for the study of complex issues. The aim of this paper is to explore the contribution of three heterodox economics disciplines to the knowledge of business co-operation.
Design/methodology/approach- This approach is theoretical and it shows that many relevant aspects of business co-operation have been proposed by economic geography, institutional economics, and economic sociology.
Findings- This paper highlights the business mechanisms of co-operation, reflecting on the role of places, institution and the social context where businesses operate.
Research Implications- It contributes with a theoretical framework for the explanation of business co-operations and networks that goes beyond the traditional economics theories.
Originality/value- This paper contributes with a framework for the study of business co-operation both from an economics and management perspective. This framework embodies a number of non-quantitative issues that are critical for understanding the complex networks in which firms operate.
Conceptual paper
Reference to this paper should be made as follows: Braga, V (2013). “Heterodox Economics Ap-proach to Business Co-operation”, Journal of Entrepreneurship, Business and Economics, Vol. 1 No. 1/2, pp. 72–81
Uuderstanding Local Process: Contemplating Franchisation
Full text linkPurpose- Increasing, there is growing acknowledgement of the importance of franchising within all modern global economies. Despite this, little is understood with regards the actual impact of franchis-ing on local economies. This research aims to reframe the contribution of franchising by considering the process of franchisation.
Design/methodology/approach- This study employed a mixed-method approach, utilizing critical realism to facilitate an outcomes-based explanation of firm survival. The focus of the study was upon generative mechanisms that were assumed to give rise to particular events from which (pizza) firm survival was enhanced vis-à-vis all other community members. A database of 2440 firms (or in excess of 21,000 company years) combined with archival records, interviews and the researcher’s observa-tions provided the researcher with access to the nature of interaction occurring between firms.
Findings- It was found that the survival of local firms was influenced positively by the day-to-day actions of franchise operators. However, it is argued that to understand how any such advantage my fall to local independent firms, we need too better appreciate the multitude of local processes related to such industries.
Originality/value- This research re-examines several ecological concepts with the view of enabling a clearer investigation of underlying local processes. It also represents an authentic autecological ap-proach to the study of firms.
Case Study
Reference to this paper should be made as follows: Jones, C (2013). “Uuderstanding Local Process: Contemplating Franchisation”, Journal of Entrepreneurship, Business and Economics, Vol. 1 No. 1/2, pp. 1–16
Social Networks and the Success of SMEs in Media Industries
Full text linkPurpose- Nowadays, media is an integral part of the daily life of human beings. SMEs in this indus-try use their potentials to succeed. On the other hand, social networks are becoming a key to success for these companies. In this sense, the authors investigate the effect of social networks on the custom-er's alertness and then on the success of these firms.
Design/methodology/approach- To do so, among a hundred and four managers in media enterprises in different levels, forty ones were selected and a questionnaire was distributed among them. In fact a quantitative approach was used to test the research hypotheses.
Findings- The results show that social network has an influence on the success of media SMEs. Moreover, one could conclude that network ties' strength, networking activities, network ties' type, and customer's alertness influence the success of media SMEs.
Research Implications- SMEs in media industries could take advantage of social networks to reach a more effective and efficient level of performance. Indeed, stronger network ties could help them in acting more efficiently. Moreover, customer's alertness could be affected through the characteristics of social networks.
Originality/value- The present study is among the first studies in the country which highlights the realities in the SMEs of media industries in developing countries. However, future research could deal with other aspects of such firms.
Research paper
Reference to this paper should be made as follows: Zanjani, S.S., Gholamali, A., and Abbasi, D. (2013). “Social Networks and the Success of SMEs in Media Industries”, Journal of Entrepreneur-ship, Business and Economics, Vol. 1, No. 1/2, pp. 125–139