Detecting Hidden Sorting and Alignment Effects of Entrepreneurship Education

Recently, scholars are confronted with only small positive, non‐existing, or even negative average effects of entrepreneurship education. We draw on two largely neglected and hidden effects of entrepreneurship education, namely the alignment and the sorting effect, in order to explain previous inconsistent evaluation outcomes. Making use of ex ante and ex post student‐surveys in a quasi‐experimental setting, we provide insights into how these effects emerge and are further amplified by course‐induced updates in personal attitudes and perceived behavioral control. Our study shows that relying on average measures is often not effective in evaluating entrepreneurship courses and highlights the need for new outcomes measures.     

Price dynamics in the Belarusian black market for foreign exchange

Using unique data from an internet-based foreign-exchange trading platform, we show that the black market efficiently incorporated public information on the state of the Belarusian economy during the Balance of Payments crisis of 2011. Between May and October 2011, the government repeatedly devalued the Belarusian ruble and eventually abandoned its fixed exchange rate regime. Measures derived from black market transaction data have significant predictive power for these devaluations. The significance of these black market measures survives even when we include standard macroeconomic indicators in our forecasting model. In line with standard economic theory, activity in the black market has dried up subsequently.     

A Dynamic Model of the Environmental Kuznets Curve: Turning Point and Public Policy

We set up a simple dynamic macroeconomic model with (i) polluting consumption and a preference for a clean environment, (ii) increasing returns in abatement giving rise to an EKC and (iii) sustained growth resulting from a linear final-output technology. There are two sorts of market failures caused by external effects associated with consumption and environmental effort. The model is employed to investigate the determinants of the turning point and the cost effectiveness of different public policies aimed at a reduction of the environmental burden. Moreover, the model offers a potential explanation of an N-shaped pollution–income relation. It is shown that the model is compatible with most empirical regularities on economic growth and the environment.      

The shift from theory to innovation: the evolution of Brazilian research frontiers 2005–2011

Proliferation of emerging economies as significant sources of competitive knowledge is a key feature of globalisation, often driven by government policies fostering domestic research-based innovation capabilities. To cast light on this common emerging economy effort to move from catch-up towards the global innovation frontier, we analyse the evolution of the focus of Brazilian research frontiers 2005–2011 with bibliometric methods. Our results demonstrate a gradual and moderate shift from theoretical scientific knowledge to more innovation-centred knowledge in the most influential Brazilian research, indicating the increased prominence and quality of innovation focused efforts in country's knowledge system. Thus, the recent expansion of Brazil's innovation system is accompanied by qualitative transformations of the research system, in part driven by nationally emerging research fields and technologies. Conceptually, we consider the overall importance of scientific research for developing and emerging economy innovation system build-up.     

Well It’s Only Fair: How Perceptions of Manager Discretion in Bonus Allocation Affect Intrinsic Motivation

Perceptions of manager discretion in incentive allocation are theoretically and practically important to help explain the much‐debated relationship between performance‐related bonuses and intrinsic motivation. We argue, and demonstrate, that perceived managerial discretion is a key moderator to this relationship because of its relevance to procedural fairness. In a first study, we developed a measure for perceived manager discretion and distinguished it from related concepts. In a second experiment, we found that higher bonuses associated with higher levels of perceived manager discretion enhanced procedural fairness but those based on lower discretion did not. In a third field study, we found that actual bonuses implemented by a service organization enhanced intrinsic motivation indirectly through procedural fairness, but only when employees perceived their bonus to be based on higher levels of perceived manager discretion. Conversely, when bonus level was associated with lower perceived manager discretion, it negatively predicted of intrinsic motivation.     

A weekly diary study on the buffering role of social support in the relationship between job insecurity and employee performance

In this article, the authors used a within‐person design to examine the relationship between job insecurity and employee in‐role and extra‐role performance, and the buffering role of time‐varying work‐based support (i.e., supervisor and colleague support) in this relationship. Weekly diary data gathered over the course of three weeks from 56 employees confronted with organizational restructuring and analyzed with a hierarchical linear modeling approach showed that weekly fluctuations in job insecurity negatively predicted week‐level in‐role performance. As predicted, supervisor support moderated the intra‐individual relationship between job insecurity and in‐role performance, so that employees' in‐role performance suffered less from feeling job insecurity during weeks in which they received more support from their supervisor. No relationship between job insecurity and extra‐role performance was observed. This within‐person study contributes to research on job insecurity that has primarily focused on inter‐individual differences in job insecurity and their associations with job performance. Theoretical and practical implications for human resource management are discussed. © 2012 Wiley Periodicals, Inc.