Returnee academic entrepreneurship in China
Universities have become both increasingly entrepreneurial and international over the past few decades. We still, however, know little about the relationship between the two trends. This paper investigates the effect of international exposure of university faculty members on university entrepreneurial culture.
Using a specially constructed dataset of the entrepreneurial activities of 507 computer science faculty members—among whom 138 are returnees—from 21 research-intensive universities in China during 2007–2017, the study empirically investigates the relationship between foreign experience and academic entrepreneurial activity back home. We control for characteristics of the faculty member and the location of the university.
Academic tenure overseas is found to positively affect academic entrepreneurship. The length of stay abroad also affects the relationship: returnee academics with foreign Ph.D. degrees are more likely to start new businesses than returnee academics with shorter postdoc experience overseas. The economic gap between the host (foreign) and home country (China) does not have a statistically significant effect on returnee academic entrepreneurial activity.
To the best of our knowledge, this study is the first to empirically investigate returnee academic entrepreneurship. It provides indications on how foreign educational background affects academics entrepreneurial activities.
Frontiers of Entrepreneurship Research is a compilation of the conference proceedings and the top papers presented each year at the Babson College Entrepreneurship Research Conference (BCERC). BCERC is widely considered the premier research conference on entrepreneurship and the work truly exemplifies new frontiers in the discipline of entrepreneurship. Full text papers are peer reviewed; summaries, poster sessions and interactive papers are not.
The case addresses the problems of managing strategic change in a small business company Kislorod Plus (Niznhny Novgorod, Russia) – a local trader of welding equipment. The story starts with firing the company’s executive, who took a number of dramatic mistakes, and thus failed implementing corporate strategy, ruined the economy of the firm, and created a significant threat of bankruptcy. Notwithstanding all the problems of the heavy crisis, the company and the situation still have a number of opportunities that are to be recognized and pursued in order to save the business and lead the company to prosperity.
The volume deals with the current frontier research in entrepreneurship theory in Europe on contextual and processual specifics of entrepreneurial practice
Drawing on the neo-institutional approach in organizational theory and global strategy, we advance a theory on the impact that differences in cultural egalitarianism have on multinational firms’ decision of where to engage in foreign direct investment (FDI) across the globe. Egalitarianism expresses a society’s cultural orientation with respect to intolerance for abuses of market and political power; it shapes the ways in which firms holding power interact with different stakeholders. After presenting a series of case illustrations, we find a strong negative impact of egalitarianism distance on FDI flows in a broad sample of nations and for different entry modes. Our results are robust to a broad set of competing accounts, including effects from other cultural dimensions, major features of the legal and regulatory regimes, other features of the institutional system, and economic development. These results hold while controlling for origin and host country factors through a fixed-effects specification as well as by using instruments for egalitarianism. We also find that other cultural influences are important as well. Differences in cultural harmony are actually positively associated with increased FDI flows, likely because multinational firms seek countries with lower societal support for entrepreneurship. FDI further tends to flow from high embeddedness to low embeddedness countries, and we link this in part to international regulatory arbitrage on environmental protection regimes.
The book contains papers by the leading contemporary researchers of entrepreneurship who belong to the group of awardees of the Global awared in entrepreneurship research as well as outlines of their research activities. First concise collection of the mainstream entrepreneurship research ideas of the end of the 20th - beginning of the 21th centuries.
Relevance of statement and studying of a problem of entrepreneurial culture development of future managers is connected with features of development of the country, with orientation of the higher education to humanistic values and meanings. In our opinion the entrepreneurial culture can be considered in a context of cultures. The article presents a view on entrepreneurial culture in a context of "culture of usefulness and dignity". The entrepreneurial culture in the modern conditions, arisen as culture of usefulness, seeks to develop in itself lines of the personality significant culture, focused on dignity, "public understanding", the humanistic principle of "solidarity". Solving problems of modernization of the higher education, relying on competence-based approach, development of entrepreneurial culture in professional education of modern managers gets a special sense. Authors defined the basic principles and problems of the educational process directed on formation of entrepreneurial culture. Experience of faculty of management of NRU HSE in Nizhny Novgorod is presented in article, the program of entrepreneurial culture development of the youth is described. The program is realized consistently at three levels, each is caused by the purposes, methods, forms, age features of participants: The first level - "Formation of an image of the modern businessman". The second level – "An entrepreneurial mentality. First experience". The third level - "I am a businessman! ".
In this paper, we discuss the methods of endowment management existing in the world and their applicability to the Russian university system. The endowment spending research focuses on the following issues: reinvesting endowment income; identifying the size of expendable endowment income; using the endowment body, not onlyincome; choosing endowment spending policy, rule and rate endowments, etc. We provide an overview of endowment fund financial indicators and endowment spending allocationin Russia. Based on the example of the HSE Endowment Fund, we analyze the use of endowment spending rulesand model of financial indicators for 2008–2014. The University’s Endowment Fund endowment spending policies implement the preservation principle, which may be reasonable in a stable economy. However, the viability of the principle is questionable in the crisis, the more so since the endowment is mostly in rubles. Using net asset valuation methods, the HSE Endowment Fund could provide equity betweengenerations with annual distribution of income in favor of the next and current generations.
One of the most popular statements in the systemic transition literature since the second half of the 1990th is that different experiences of the CEE and Baltic states, on the one hand, and the most of the CIS countries, on the other hand, are embedded in different social norms and values, encouraging efforts in the new EU member states and preventing it in some of CIS countries.
The book contains teaching materials and notes on the study course “Entrepreneurship”.