The book contains teaching materials and notes on the study course “Entrepreneurship”.
The proceedings contain 154 papers. The topics discussed include: the innovation of a hybrid business model for social enterprises; high-technology entrepreneurship for high-growth innovation among entrepreneurs in Bahrain; financial illiteracy and entrepreneurship success: literature review; entrepreneurial competencies and firm performance: evidence from Bahrain; entrepreneurship education and country competitiveness: avenues for future research in the Arab countries; social entrepreneurship as an innovative solution mechanism of social problems in the economy of Kazakhstan; entrepreneurship: does it elevate independence in a developing economy?; innovative approaches in the financial sphere: assessment of digital banks’ performance; innovative solutions in the ports of the Baltic Sea for development of small cruise ship tourism heritage products; and cultural influences on entrepreneurial motivation and identity: insights for entrepreneurship education.
The 7th International Conference Innovation Management, Entrepreneurship and Sustainability (IMES 2019) took place on May 30 – 31, 2019 at the University of Economics, Prague. The conference was organised by the Department of Entrepreneurship of the University of Economics, Prague, Czech Republic in cooperation with • Faculty of Management, Comenius University in Bratislava, Slovakia • School of Business and Economics, Linnaeus University in Vaxjo, Sweden • Corvinus University of Budapest, Hungary • European Council for Small Business and Entrepreneurship (ECSB) and other partners. Sound keynote speakers – Martina Musteen (San Diego State University, USA), Ilan Alon (University of Agder, Norway), Andrew Burke (Trinity Business School, Ireland), Arnim Wiek (Arizona State University, USA), Søren Salomo (Technical University Berlin, Germany) and Roy Thurik (Erasmus University Rotterdam, Netherlands) discussed the trends in the fields of innovation management, entrepreneurship and sustainability. The conference aimed to achieve academic excellence in a regional context and to establish a platform for mutual collaboration, exchange and dissemination of ideas among researchers and professionals. These conference proceedings contain contributions of the conference participants presented during both days of the conference. Authors of papers come from 22 countries all over the world, namely from Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Colombia, Croatia, Czech Republic, Finland, France, Germany, Hungary, India, Mexico, Paraguay, Poland, Portugal, Russian Federation, Slovakia, Sweden, Switzerland, USA and Vietnam. All these contributions have successfully passed the doubleblind peer-review process.
The purpose of this paper is to show that individual ambidexterity affects performance in small project-based enterprises. This is consistent with a recent and prominent stream of research that investigates the characteristics of workers as antecedents of ambidexterity behaviors and their effect on performance. We also analyze the role of entrepreneurial intensity as an important context issue that hampers this relationship. We test our hypotheses in the context of Italian television drama series productions, which are small project-based enterprises, by analyzing the careers of 1736 project entrepreneurs who had been working in the industry from 1996 to 2010. Our results suggest that for project entrepreneurs, high diversity in work experiences positively affects the project performance. Moreover, we demonstrate that the industry tenure of project entrepreneurs lessens the main relationship, by reducing the positive effect of entrepreneurial intensity and limiting benefits of ambidextrous behaviors. Our findings allow us to add insights to the entrepreneurship research and individual level ambidexterity theory. First, we contribute to this stream of research by analyzing how the diversity of work experiences at the individual level affects project performance. In doing so, we overcome the prior literature, which limited analysis only to the project portfolio level. Second, we develop a framework that investigates the argument regarding whether and under what circumstances does individual level ambidexterity improve project performance.
This chapter elaborates on entrepreneurship in developed and developing countries and focuses on the optimization of entrepreneurial activities. Various scenarios are considered: independent functioning of the market, integration in the form of reorganization (mergers and acquisitions), integration in the form of clustering, and integration in the form of innovational networks and technological parks. The optimal structure of the integration processes and best-case scenarios for its implementation to accelerate the rate and increase the quality of economic growth are substantiated. The potential for uptake of integration processes in stimulating economic growth through entrepreneurship is determined by the level of institutionalization in an economy. In developed countries, all forms of company integration are characterized by the high level of institutionalization, which allows for their effective use for economic growth. Independent companies, mergers, and acquisitions restrain economic growth and reduce its quality, while clusters, technological parks, and innovational networks accelerate the rate of economic growth and increase its quality. In developing countries, integration processes in entrepreneurship have a different influence on economic growth and require further institutionalization
The article considers the influence of regional and local conditions on the dairy cattle profitability on the example of dairy farms of Leningrad region. Identified production and economic factors that allowed advanced enterprises in the region to ensure high profitability of production, taking into account the cost of reproduction of the herd and excluding subsidies. A wide range of applied innovations allows advanced farms to ensure the profitability of dairy cattle in areas with different climatic conditions, regardless of location relative to the metropolis. Determined that farms in areas of the region with more favorable conditions for dairy cattle achieve a high level of profitability on the basis of low cost of own voluminous and concentrated fodder. Farms in areas with small-scale forage lands, complex topography, relatively low soil fertility achieve high economic efficiency indicators either by more fully realizing the genetic potential of Holsteinized livestock and a high level of dairy productivity, or by using a more suitable breed, Airshire, that provides high rates of reproduction of the herd and the composite quality of milk. The conducted researches have shown that the necessary condition for profitable milk production is the realization by owners and heads of farms entrepreneurial functions, full account of the industry and local milk production specificity. Despite the fact that most farms in the Leningrad region have achieved high, relatively average for Russia, indicators of dairy productivity, this does not guarantee economic efficiency. Provision of state support in forms, amounts for which are not sufficient for the entire potential set of participants in the industry, who want to receive them (CAPEX, soft loans), shift the activity of producers and investors from seeking "innovative rent" to seeking "political rent", which reduces efficiency of investments and negatively affects the rate of dairy cattle development.
The innovative potential of Russian small business is not completely realized that is indicated by the comparison of its innovative activity with small entrepreneurship in many developed countries. The development of measures to support and stimulate the activity of small enterprises in Russia is attended, and the priority task is the search for mechanism to increase the participation of small enterprises in innovative transformations of economy. The aim of this research is to analyze development factors of small enterprises innovative activity in Russia considering substantial regional differentiation.
The conducted analysis was based on the data of Federal State Statistics Service representing the results of the survey of small enterprises innovative activity as well as the characteristics of socio-economic development of Russian regions. Multivariate statistical methods were applied. Principal component analysis was used to estimate the level of the development of small enterprises innovative activity. Discriminant analysis and logistic regression with further comparison of its results measured the influence of socio-economic characteristics of Russian regions on the level of small enterprises innovative activity.
Among tested socio-economic characteristics of Russian regions the expenditures on technological innovations of large and medium-sized enterprises, the indicators of population's educational potential, the level of ICT development and the population's standard of living had a significant impact on the level of small enterprises innovative activity development. The comparative analysis of the results of applied logistic regression and discriminant analysis showed high degree of their consistency and indicates appropriate predictive probabilities of the models.
The innovative activity of small enterprises in Russia is influenced by the complex factors characterizing scientific, technological and socio-economic regional development. The analysis allowed revealing key factors of small enterprises innovative activity growth and showed the necessity of targeted support of small business innovative activity considering regional features.
The paper analyses effects of corruption on innovative activities. It argues that despite corruption is traditionally considered as a highly negative phenomenon, it may have a positive effect on innovation. This position allows to explain why developing countries with a high level of corruption sometimes demonstrate better indicators of innovative activity in particular areas than less corrupt advanced economies. However, our study shows that this positive relationship exists because of the prevalence of more serious problems associated with the persistent presence of the state in various spheres of economy. Moreover, we argue that not all innovations are in fact socially desirable, and those that are an outcome of rent-seeking behavior and incorporation of private interests in the legal system often negatively affect market mechanisms and undermine sustainable economic performance.
Abstract Purpose – This paper focuses on the motivation of females to start businesses in developed and emerging economies. Although the issues related to the motivation of entrepreneurs have been widely studied, there are a few studies focusing on the differences in women’s entrepreneurial motivation in countries with different levels of market economy development. Furthermore, existing studies on female founders mainly adapt the concepts that have often been developed in male-dominated paradigm. The purpose of this paper is to explore in depth motivations of female entrepreneurs in different contexts and discover the dissimilarities in women’s entrepreneurial motivations in countries with different levels of economic development. Design/methodology/approach – The qualitative research approach is applied in this study to explore the social-driven and profit-drivenmotives of female entrepreneurs. The authors have employed purposeful sampling to select cases. The authors investigated the motivations of 45 female entrepreneurs in Norway (12), Russia (21) and Ukraine (12). Semi-structured interviews were used to collect primary data. The authors have also triangulated the data collected frominterviews with the data available on the internet, company reports and newspaper publications. Findings – The findings indicate that women often pursuit business opportunities to satisfy social needs, rather than focusing on traditional business outcomes such as growth or profit. However, different contexts – the emerging economies context of Russia and Ukraine and the developed one of Norway – seem to influence the motivation to establish new ventures differently. The study found a stronger desire to contribute to a society’s needs among female founders in Norway compared to their counterparts in Russia and Ukraine. This indicates that cultural and social context in developed countries, such as in Norway, probably provides more possibilities for female entrepreneurs for self-realisation elsewhere leaving more room for focusing on societal issues in business in comparison with emerging countries contexts. Originality/value – A novel conceptual contribution is the exploration of links between the social-driven and profit-driven motives of female entrepreneurs in emerging and developed economises. The study also adds to debates relating to context embeddedness of smaller firms.
Smoking is a problem, bringing signifi cant social and economic costs to Russiansociety. However, ratifi cation of the World health organization Framework conventionon tobacco control makes it possible to improve Russian legislation accordingto the international standards. So, I describe some measures that should be taken bythe Russian authorities in the nearest future, and I examine their effi ciency. By studyingthe international evidence I analyze the impact of the smoke-free areas, advertisementand sponsorship bans, tax increases, etc. on the prevalence of smoking, cigaretteconsumption and some other indicators. I also investigate the obstacles confrontingthe Russian authorities when they introduce new policy measures and the public attitudetowards these measures. I conclude that there is a number of easy-to-implementanti-smoking activities that need no fi nancial resources but only a political will.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management