What’s so entrepreneurial about intrapreneurs?

This paper discusses the determinants of becoming an intrapreneur. Individuals maximise their utility while deciding among three occupations: independent entrepreneurship, paid employment and intrapreneurship. I show that intrapreneurs resemble employees rather than entrepreneurs. Specifically, comparing the decision-making of intrapreneurs to that of entrepreneurs, the former are significantly more risk averse, expect lower but less uncertain reward and are broadly endowed with a poorer set of entrepreneurial abilities; despite having higher levels of human capital they fail to recognise business opportunities and have lower confidence in their entrepreneurial skills. A distinction within the category of intrapreneurship, based on the level of engagement and therefore the level of personal risks they bear, adds to our understanding of intrapreneurship. Engaged intrapreneurs, i.e., intrapreneurs that expect to acquire an ownership stake in the business, unlike the rest of intrapreneurs, share the attributes usually assumed to characterise entrepreneurs.     

Factors encouraging competitive myopia in the performing arts sector: an empirical investigation

Arts and cultural organisations are frequently accused of ‘competitive myopia’, i.e., of failing to realise that damaging competition can emerge as much from developments in the broader leisure and entertainment sectors (cinema, sports arenas, home entertainment, etc.) as from the activities of other arts and cultural venues. This empirical study of 141 British theatre companies explored the influences of certain market and organisational factors (market communality, environmental complexity and volatility, resource slack, accountability systems and managers' backgrounds) on the extent and depth of a theatre management's search for information regarding ‘unconventional’ competitors. Around half the theatres in the sample made no attempt whatsoever to assess competitive threats outside the performing arts domain. The theatres most likely to collect information on unconventional competitors were those which (1) operated in ‘complex’ markets and in markets perceived to overlap with the customer bases of unconventional competitors, (2) possessed organisation systems wherein managers were subject to large amounts of personal accountability, and (3) employed well-qualified people to administer threat assessment processes.     

Evaluations of Infinite Utility Streams: Pareto Efficient and Egalitarian Axiomatics

This investigation focuses on the aggregation of infinite utility streams by social welfare functions. We analyze the possibility of combining Pareto‐efficiency and Hammond Equity principles when the feasible utilities for each generation are [0, 1] and the natural numbers. In the latter case, the Hammond Equity ethics can be combined with non‐trivial specifications of the Pareto postulate, even through anonymous social welfare functions. As a consequence, any evaluation of infinite utility streams that verifies a mild specification of the Paretian axiom must exert some interference on the affairs of particular generations.     

Women nascent entrepreneurs and social capital in the process of firm creation

The main objective of this research is to study gender differences in the process of firm creation, especially in the gestation stage of that process when nascent entrepreneurs carry out the promoter behaviours. A second objective is to analyse if the cognitive and structural endowments of social capital exert an influence on the promoter behaviours and on the kind of firms created by entrepreneurs of both genders. To reach the objectives, firstly, a theoretical framework will be developed and secondly, an empirical analysis starting from a sample of nascent entrepreneurs in the Seville province (southern Spain) will be carried out. Due to women entrepreneurs being considered nowadays essential for growth and development everywhere, results obtained could help to improve the efficiency of policies that lead to the promotion and consolidation of the female participation rate in entrepreneurial activity.      

Estimating the long-run impact of forest fires on the eucalyptus timber supply in Galicia,Spain

Using annual data, we have estimated the timber harvest of eucalyptus in the region of Galicia (Spain). The explanatory variables considered were price, pulp exports, and salvage timber. The latter variable was used as a proxy for forest fires. The problems related to spurious regression were addressed by applying the bounds testing approach to cointegration, and confidence intervals were constructed using the bootstrap technique. The results indicate that pulp exports have a positive effect on the harvested timber volume. Moreover, we find that salvage timber positively affects the timber supply. This result indicates that there is no substitution between salvage timber and non-damaged timber. It also suggests that the natural expansion of the eucalyptus in Galicia compensates for the destruction caused by forest fires, avoiding supply shortages. On the other hand, and according to the economic law of supply, the timber price shows a positive effect.     

“新疆精神”对青年学生职业生涯规划的启发

＂新疆精神＂是时代精神的体现,是对爱国奉献的最好诠释。它包含＂爱国为荣、感恩、勤劳、互助合作、开放、进取＂等内容。新疆高校的青年学生应该以此为动力培养自身的生涯规划意识和价值认同,在新疆新一轮发展建设中奉献智慧与力量。     

Family model of contributions to non-profit organizations and labour supply

In this article a model is presented in which the family decides the labour supply of both spouses and their time donations to non-profit organizations. For the estimation, Spanish data was used which showed that family size and pre-school children influence decisions made about time distribution of husband and wife. Women with fewer family responsibilities work longer hours and donate more time, whilst the effect on men is the contrary. Also, monetary donations by the family are directly related to time donations by the spouses.     

Hidden innovators: the role of non-R&D activities

Although R&D has been highlighted as the main source of firm-level innovations, a significant group of firms develop innovations without performing R&D activities. The primary goal of this study is to understand the sources of innovation in such firms. To accomplish this goal, we explore the role played by other, non-R&D activities that can lead to innovation – activities such as technology forecasting, design, use of advanced manufacturing technologies and training. Our empirical analysis is based on a representative panel of Spanish manufacturing firms. The results strongly support the view that non-R&D activities are critical factors in explaining both product and process innovations attained by any firm, especially in the case of firms not performing R&D. Academic, managerial, and policy implications are derived from these results.