Letting Go to Grow—Empirical Findings on a Hearsay

Research to date has largely neglected the role of management style in new entrepreneurial ventures. We address this gap by investigating the impact of management style on company performance and how the impact is different contingent on the life cycle stage of new entrepreneurial ventures. By employing the concept of microinvolvement, our study demonstrates that management style significantly impacts company performance and that the merits of a highly involved management style are less in later‐stage new entrepreneurial ventures. This finding provides support for the saying “letting go to grow” and raises important implications for management.     

The role of business schools in managing the incongruence between doing what is right and doing what it takes to get ahead

This paper accepts as given that business students want to get ahead. It criticizes business schools for their failure to reduce the incongruence between doing what is right and doing what it takes to get ahead. Because of this failure business school graduates carry negative ideas, attitudes and behaviors vis-à-vis social responsibility from business schools into the business world. Recommendations are made for increasing the social responsibility of business schools. Robert H. Schwartz is an Associate Professor of Management and Coordinator of the Health Care Administration Program at the University of Toledo. He is the author of Coping With Unbalanced Information About Decision Making Influence For Nurses, Hospital and Health Services Administration (Winter, 1990), and of other papers pertaining to health administration and career choice.Sami Kassem is Professor of Management at the University of Toledo.Dean Ludwig is Assistant Professor of Management at the University of Toledo.     

Chinese export competition,declining exports and adjustments at the industry and regional level in Europe

We analyze how a set of 22 European countries was affected by increased Chinese export competition between 1995 and 2008. Employing product‐group level data, we observe a reduction in the export volumes of European countries due to increased Chinese export competition. This deceleration in the export sector induces changes within the manufacturing industries, especially a decline in employment. When using more aggregated, regional‐level data, our analysis shows that the industry sector as a whole declines, resulting in an increased unemployment rate. The importance of Chinese export competition for Europe is attributable to its high export intensity.     

Justifying the incorporation of the materials balance principle into frontier-based eco-efficiency models

Frontier-based models are an alternative to traditional eco-efficiency ratio indicators. This paper considers two different types, environmentally adjusted production efficiency models and frontier eco-efficiency models, and tries to find justification for incorporating the materials balance principle (MBP) in them. Similar importance is attached to the economic and environmental outcomes of a production process. Like economic outcomes can be derived from inputs and outputs and respective prices, some cases allow for deriving environmental outcomes from the production function with the MBP. After an overview of attempts to incorporate environmental issues in production efficiency models and some reflections why MBP has been neglected in environmental economics and production efficiency analysis, the paper gives basic principles to incorporate the MBP in conventional production efficiency methods and shows how this adjustment leads to a more diversified diagnosis of eco-efficiency. Finally, potentialities and bottlenecks are discussed. Exploiting the MBP in production efficiency and eco-efficiency analysis will facilitate more pro-active eco-efficiency research.