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1.

Today’s firms, particularly startups, require agile communication to sense and seize opportunities and to adapt to the market as quickly as possible (Picken 2017; Takeuchi and Nonaka 1986). However, scholars have predominantly focused on external communication, taking agile internal communication for granted. This paper analyzes the combinations of conditions (i.e., firm features and communication devices) that are present in startups with agile internal communication. The study considers the startup’s life cycle, the size of the startup, and the size of the founding team. The use of direct communication channels, structured communication channels, and agile methods is also considered. Analysis of 88 Spanish startups shows that the size of the founding team influences the combination of present and absent communication methods when agile internal communication is present. In startups where the founding team is small, direct communication methods are absent, whereas the use of structured communication methods, online project management, and other communication tools is present. On the contrary, when the founding team size is large, direct communication is a core condition, as is the absence of structured communication methods. Agile methods represent a peripheral condition for the presence of agile internal communication when the founding team is small and structured communication is present as a core condition. Similarly, when the founding team is small and the presence of direct communication is a core condition, the presence of agile methods is a peripheral condition for the presence of agile internal communication.

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2.

Mandatory pension systems partially replace old-age income, therefore the government matches additional life-cycle savings in a voluntary pension system. Though the individual saving decisions are apparently independent, the earmarked taxes (paid to finance the matching) connect them. Previous models either neglected the endogenous tax expenditures (e.g. Choi et al., in: Wise (ed) Perspectives in the economics of aging, University of Chicago Press, Chicago, pp 81–121, 2004) or assumed very sophisticated saving strategies (e.g. Fehr et al. in FinanzArchiv Pub Finance Anal 64:171–198, 2008). We create twin models: myopic workers learn (i) from farsighted workers using public information (analytic model) and (ii) also from each other (agent-based model). These models provide more realistic results on saving behavior and the impact of matching on the income redistribution than the earlier models.

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3.

University business incubators (UBIs) are an important part of the ecosystem that supports entrepreneurial activities and economic development. Extant research has focused on examining UBI activities at a single point in time, but there is a paucity of theoretical and empirical work aimed at understanding the forces that explain why and how UBIs change over time. This is an important gap because establishing a university business incubator does not assure its development and growth. We address this issue by drawing upon the Fisher et al. Academy of Management Review, 41(3), 383-409 (2016) Identity-Legitimacy-Life Cycle model to explain how the pursuit of resources and organizational legitimacy shapes the development of UBIs along key strategic and operational dimensions, which has implications for performance evaluation over time. We illustrate with a case study about the creation and evolution of the DMZ, a leading UBI at Ryerson University in Canada. This case provides new insights about the dynamics of UBIs and their relationships with the entrepreneurial ecosystems in which they are embedded. Implications for future research, management practice, and public policy are discussed.

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4.

In this paper we study the robustness of the results found recently by Guzzini and Palestrini (J Econ Interact Coord 11:35–55, 2016). Since the original analysis was carried out in a static setting, we perform a dynamic panel analysis by using the same dataset. The inclusion of the lagged value of the endogenous variable, missing in the original paper, could be justified for several reasons. Firstly, the statistical relationship may have itself a dynamical nature; secondly the inclusion of lagged-endogenous variable is a way to mitigate the possibility of an omitted variable problem. We find that the results are only qualitatively the same, and we discuss the quantitative differences.

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5.

The traceability of the supply chain with strict compliance with the specification to demonstrate in "transparency" the production processes in compliance with legislation and from a corporate social responsibility perspective, represents a fundamental requirement at the basis of competitive advantage in the food industries (Patelli and Mandrioli, J Food Sci 85: 3670–3678, 2020). The purpose of this work is to illustrate the innovative method for the certification and protection of the production phases of the DOP food chain and specifically the Mozzarella DOP of Gioia del Colle produced by the company Capurso Azienda Casearia Srl. This innovative approach consists of several phases that will be described in detail in the following paper. Besides, the idea of the introduction of Blockchain technology in an industry like this is an important step. This technology, associated with more accurate and intelligent management of the data acquisition process (Big data approach), optimizes the productivity of small businesses such as the dairy company. Blockchain technology guarantees security in the management of large amounts of data as never before possible, an innovative and experimental approach that makes the entire path of the production chain more controlled and optimized (Giacalone et al. International workshop on fuzzy logic and applications. Springer, Cham, pp. 218–225, 2016).

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6.

The entrepreneurial orientation and social role of sports clubs have recently become topics of great interest to academics and professionals. The aim of this study is to analyse the relationship between entrepreneurial orientation (EO) in sports clubs and their social performance (SP) and the effect that management variables such as the type of funding (public vs private) and the competition level (national vs regional) may have on this relationship. To compare the results, two complementary methodologies have been used to compare the results: linear models with moderation analysis and models based on qualitative comparative analysis (QCA). The study was carried out with a sample of 407 Spanish sports clubs. The instrument used to measure EO was an adaptation of the original Covin and Slevin (1989) approach, while the instrument used to measure SP is a validated scale of our own elaboration presenting good psychometric properties. The results found show a direct effect of the EO dimensions on the SP. In all cases, clubs with major public funding showed higher levels of prediction in SP. On the other hand, as far as QCA is concerned, no necessary condition was found, while the most important condition sufficient to obtain high levels of SP would be high levels of innovation, a high level of risk-taking, and low levels of proactivity in national sports clubs. In general, models based on qualitative comparative analysis (QCA) provide higher predictive values than linear regression models and include variables not considered in linear models.

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7.

Very few studies on multiple jobholding have examined predictors. Most studies have focused on outcomes. The current study examined an interactive predictor of multiple jobholding. Data were extracted from a data set used in a path-analytic study (Mellor and Decker 2020). An interactive perspective was drawn from a motivation framework on extrinsic and intrinsic reasons to hold more than one job, in which a conditional relationship was hypothesized between number of family members supported financially and number of employers. The data confirmed that number of family members supported interacts with importance placed on performance quality by employees as a predictor of multiple jobholding. Implications for work motivation in reference to multiple jobholding research are discussed.

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8.

This paper extends the endogenous growth agent-based model in Fagiolo and Dosi (Struct Change Econ Dyn 14(3):237–273, 2003) to study the finance–growth nexus. We explore industries where firms produce a homogeneous good using existing technologies, perform R&D activities to introduce new techniques, and imitate the most productive practices. Unlike the original model, we assume that both exploration and imitation require resources provided by banks, which pool agent savings and finance new projects via loans. We find that banking activity has a positive impact on growth. However, excessive financialization can hamper growth. Indeed, we find a significant and robust inverted U-shaped relation between financial depth and growth. Overall, our results stress the fundamental (and still poorly understood) role played by innovation in the finance–growth nexus.

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9.

In this paper, we extend the four-component stochastic frontier model to allow for global spatial dependence via the endogenous spatial autoregressive variable. Our proposed model is more general than the model considered by (Glass et al., 2016) in the sense that we include a random effect as well as a permanent efficiency component. With the spatial autoregressive specification, our model is able to capture the asymmetric efficiency spillovers and also decompose the persistent/transient inefficiencies into direct and indirect efficiencies. Moreover, we also investigate the marginal effects of the exogenous variables on the persistent/transient efficiency. We suggest a maximum simulated likelihood method to estimate the frontier parameters of the model, and we predict the efficiencies using the simulated estimator. Monte Carlo simulations reveal that the suggested estimator performs well in finite samples. An empirical application is considered to illustrate the usefulness of our proposed model and method.

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10.
Jaisinghani  Dinesh  Joshi  Mahesh  Goyal  Jatin  Sharma  Sharad 《Quality and Quantity》2023,57(2):1845-1863

This paper analyses the degree of persistence of financial efficiency for the hospitality and tourism industry in India. The paper deploys the Data Envelopment Analysis technique to generate overall technical efficiency scores as well as pure technical efficiency scores. Furthermore, a dynamic panel technique proposed by Arellano and Bond (1991), is employed to test the degree of persistence of financial efficiency and its key determinants. The results confirm positive and significant persistence of efficiency for the sample firms from the hospitality industry in India. The overall results indicate that hospitality firms in India can create entry and exit barriers to generate positive persistence of financial efficiency. The study suggests regulators specifically focus on policies that can enhance the competitive dynamics of the industry. Such measures may make it imperative for the management of the firms in the sector to streamline their financial management policies to control costs and devise methods for the enhancement of revenues.

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11.

We formulate a model in which agents embedded in an exogenous social network decide whether to adopt a new network product or not. In the theoretical part of the paper, we characterize the stochastically stable equilibria for complete networks and cycles. For an arbitrary network structure, we develop a novel graph decomposition method to characterize the set of recurrent communication states, which is a superset of stochastically stable equilibria of the adoption game presented in our model. In the simulation part, we study the contagion process of a network product in small-world networks that systematically represent social networks. We simulate a generalization of the Morris (Rev Econ Stud 67(1):57–78, 2000) Contagion model that can explain the chasm between early adopters and early majority. Our numerical analysis shows that the failure of a new network product is less likely in a highly cliquish network. In addition, the contagion process reaches to steady state faster in random networks than in highly cliquish networks. It turns out that marketers should work with mixed marketing strategies, which will result in a full contagion of a network product and faster contagion rates with a higher probability.

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12.
Moudi  Mahdi  Yan  Shiyu  Bahramimianrood  Bahador  Li  Xiaoping  Yao  Liming 《Quality and Quantity》2019,53(2):583-598

As earthquakes can result in multi-dimensional negative consequences such as human loss and building damage, the ability to make accurate economic loss estimations immediately after the occurrence is crucial. Unfortunately, in many earthquake-stricken countries such as Iran, governments are often unable to quickly or accurately assess post-earthquake losses. The aim of this paper, therefore, is to extend the model developed by Chan et al. (Nat Hazards 17:269–283, 1998) to two independent variables to develop an earthquake economic loss estimation method based on the economic and socio-economic indices gross domestic product (GDP) and disposable personal income (DPI) and a seismic hazard probability function. A global cell map is also considered to assess the GDP and DPI based on the population in each cell affected by the earthquake. In the final stage, using the Modified Mercalli Intensity Scale, 18 earthquake damaged areas in Iran are taken as case study to estimate the economic losses using the new model presented in this paper.

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13.

Companies have started using social media for screening applicants in the selection process. Thereby, they enter a low-cost source of information on applicants, which potentially allows them to hire the right person on the job and avoid irresponsible employee behaviour and negligent hiring lawsuits. However, a number of ethical issues are associated with this practice, which give rise to the question of the fairness of social media screening. This article aims to provide an assessment of the procedural justice of social media screening and to articulate recommendations for a fairer use of social media in the selection process. To achieve this, a systematic literature review of research articles pertaining to social media screening has been conducted. Thereby, the benefits and ethical issues relating to social media screening, as well as recommendations for its use have been extracted and discussed against Leventhal’s (1980) rules of procedural justice. It turns out that without clear guidelines for recruiters, social media screening cannot be considered procedurally fair, as it opens up way too many opportunities for infringements on privacy, unfair discrimination, and adverse selection based on inaccurate information. However, it is possible to enhance the fairness of this practice by establishing clear policies and procedures to standardize the process.

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14.

This study aims to determine the requirements of parents of children with special needs and the factors that influence those requirements by using the “family needs survey” developed by Bailey and Simeonsson (The Journal of Special Education 22(1):117–127, 1988) adapted for Turkish researchers by Cavkaytar et al. (Ankara Üniversitesi Eğitim Bilimleri Fakültesi Özel Eğitim Dergisi 15(2):1–12, 2014). In the study the survey model was used to investigate the current requirements of parents. The population of the study consisted of families whose children are currently in one of five special education centres or one of four special education and rehabilitation centres which function under the Ministry of Education in the TRNC in the academic year 2015–2016. With the aim of reaching the whole of the population, no sampling methods were used in the research. The analysis was conducted with research evaluation instruments distributed to a total of 279 participants within the scope of the study and with the collection of 116 of the instruments. Welch’s t test, Welch/Anova and Gabriel and Hochber’s GT2 tests were used to analyse the data. The majority of the participants consisted of mothers and middle-aged parents. In general, the families’ response to the FNS scale was that were unsure of their requirements. However, they had a need for information.

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15.
This paper analyzes the effect of the individual perceptions of social capital and culture in entrepreneurial aspirations before and after the economic crisis in Western Europe. Following the approach of the Theory of Planned Behavior (Ajzen in Organizational Behavior and Human Decision Processes, 50, 179–211, 1991), we advance the analysis of the effect of the perception of subjective norms in the entrepreneurial intentions. We studied the Total Early-Stage Entrepreneurial Activity (TEA) of twelve countries in 2006 and 2010. The results reveal that the perception of having social networks is significant for the TEA, and it increases after the economic crisis. However, the cultural factors do not have a significant impact, except the one related with the perception of social equality. The results obtained through the double perspective of this analysis (individual’s social capital vs cultural factor of individualistic perspective) offers a certain dilemma when we try to understand the entrepreneurial intntion through the individual’s perception of subjective norms, following the Ajzen’s model. The more individualist is a person, the lower the weight of its social capital. However, the more a person has access to social networks, the greater his entrepreneurial intention will be. This result opens future lines of research focused on understanding the value of the individual’s social capital for different countries and groups of entrepreneurs.
Graphical abstract ?
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The dance metaphor allows us to figuratively depict entrepreneurial decision making processes. Being conventionally conceived of as a sequence of purposeful behaviors rooted in a rational cognition process, entrepreneurial decision making can be featured as a ‘ballet’. This interpretation puts in the background the improvisational nature of decision making, which revokes ‘lindy hop’ as a dance style. The article intends to illuminate the role of intuition, highlighting its overlap with rationality in the entrepreneurial decision making dance. For this purpose, a bibliometric analysis followed by an interpretive literature review advances a comprehensive report of 66 peer-reviewed journal articles published from 1995 to 2019, constructing evidence on the nature of entrepreneurial decision making and on the interplay between intuition and rationality. Literature is categorized in five clusters, which are reciprocally intertwined. Firstly, intuition is unconsciously used as a strategy to deal with the uncertainty that inherently affects entrepreneurial ventures. Secondly, intuition is rooted in the entrepreneurs’ impulsivity, that echoes the role of emotions in decision making. Thirdly, the merge of rationality and intuition improves the entrepreneurs’ ability to keep up with the erratic rhythm of the decision making dance. Fourthly, the mix of intuition and rationality serves as a catalyst of entrepreneurs’ ability to thrive in complex and unpredictable environments. Fifthly, intuition generates drawbacks on entrepreneurs’ meta-cognitive knowledge, which should be carefully recognized. Embracing the dance metaphor, intuition turns out to be crucial to make entrepreneurs able to fill in the gap between rationality and uncertainty.

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19.
《Economic Outlook》2020,44(1):17-20
  • ▀ After a pause in late 2017 and early 2018, the dollar has resumed its rise. Our analysis suggests the long-term factors influencing the dollar are likely to remain supportive in 2020, ebbing only in 2021.
  • ▀ Alongside positive interest rate differentials, several key factors explain the recent dollar strength including relatively strong economic growth, a contained external deficit and significant equity market outperformance.
  • ▀ Over 2018–2019 US growth has been faster than the rest of the G7, which suffered more downside surprises this year. Meanwhile, the deterioration in the US external deficit was less than expected, despite the Trump fiscal stimulus.
  • ▀ The massive improvement in the US oil balance over recent years looks like an important long-term structural support for the dollar. It allows the US to grow faster and have a stronger currency than would otherwise have been the case.
  • ▀ The dollar is also supported by its still-dominant position in global financial markets. Recent talk of ‘de-dollarisation’ looks to be largely hype - the dollar's share of cross-border transactions, trade invoicing, and FX reserves is high and either stable or rising.
  • ▀ The conditions necessary to create another dollar bear market like that in 2002–2008 may be hard to reproduce. A period of relative underperformance in US stocks is conceivable, but the 2002–2008 period also featured large US basic balance of payments deficits and persistently negative long-term real yield differentials, which look less likely to materialise.
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20.
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