Search results

1

A Research Proposal to Examine Entrepreneurship in Family Business

100%

Durán-Encalada J. A., San Martin-Reyna J. M., Montiel-Campos H.

Journal of Entrepreneurship, Management and Innovation

|

2012

|

vol. 8

|

issue 3

58-77

EN

This paper builds on existing theoretical and empirical studies in the areas of family business and entrepreneurship. It uses Dubin´s theory building framework to propose a model for conducting research of family businesses and its linkage to entrepreneurial activities in Mexico. This works starts by describing the concepts of family business and explains the importance that these definitions can have on the variables to be included in the research. After that, the paper explains how the concept of “familiness” relates to the essence definition of family business. Using the resource-based view (RBV), agency theory, and social capital theories we describe how social capital resources are the basis for building firm capabilities and competitive advantages that influence firm’s performances. Based on this perspective, a theoretical model, laws of interaction, a set of propositions and suggestions for further research are provided.

2

Firm’s Network Position and Business Performance

100%

Fonfara K., Małys Ł., Ratajczak-Mrozek M.

Gospodarka Narodowa. The Polish Journal of Economics

|

2021

|

vol. 306

|

issue 2

51-66

PL

Koncepcja sieci biznesowych cieszy się w ostatnich latach coraz większym zainteresowaniem. Zakłada, że przewaga konkurencyjna firmy zależy m.in. od jej relacji biznesowych z różnymi podmiotami. Jakość i liczba utrzymywanych przez firmę relacji biznesowych kształtują jej pozycję w sieci, która wpływa na wyniki firmy. Celem artykułu jest zaproponowanie ram analizy procesu kształtowania pozycji firmy w sieci biznesowej w kontekście wyników firmy. W artykule zastosowano jedną z metod przeglądu literatury ukierunkowaną na tworzenie nowych koncepcji. Opierając się na krytycznej analizie literatury i wcześniejszych badaniach autorów, zaproponowana koncepcja zakłada, że pozycja firmy w sieci stale się zmienia ze względu na ciągłe zmiany w opisanych determinantach pozycji sieci oraz ciągłe zmiany zachowania formy w odniesieniu do rozwoju pozycji w sieci. Z kolei zmiany w pozycji sieci mają wpływ na wyniki firmy.

EN

The theory of business networks has attracted increasing attention in recent years. It assumes that the competitive advantage of a firm depends on its business relationships with various entities. The quality and number of business relationships a firm maintains shape its network position, which influences the firm’s performance. The aim of this paper is to propose a framework for analysing the development of the firm’s position in the business network in the context of the firm’s performance. A literature review method was used in the paper. Based on a literature analysis and the authors’ earlier research, the proposed framework suggests that a firm’s network position changes constantly due to continuous changes in the determinants of its network position and continuous changes in the firm’s behaviour as it develops its network position. In turn, changes in the network position impact the firm’s performance.

3

Entrepreneurial Orientation: A Case Of Gauteng Province, South Africa

100%

Radipere S.

Foundations of Management

|

2015

|

vol. 7

|

issue 1

169-184

EN

The relationship between entrepreneurial orientation and business performance using 500 small- and medium-sized enterprises (SMEs) in Gauteng province, South Africa was tested. Questionnaire was used to collect data from 500 SME owners. The findings from the survey among 500 SME owners were modelled through a categorical regression model with business performance as dependent variable. The level of significance of the 8 variables out of 12 variables suggests that entrepreneurial orientation be classified as the strongest predictor of business performance. The ability to adjust one’s business model to adapt to changed economic circumstances is an important thing as it dictates performance in increasingly competitive economic environment.

4

Synergy of interfunctional cooperation and services in companies producing electrical equipment and electronic components in the Czech Republic: pilot study

88%

Tomášková E., Kaňovská L., Bednář J.

Oeconomia Copernicana

|

2018

|

vol. 9

|

issue 3

441-459

EN

Research background: Interfunctional coordination (IFC) is a part of market orientation and at the same time an approach which helps to improve cooperation between different departments or functions in a company. Market orientation is an approach aimed at external and internal elements and activities leading to performance increase. Services offered by a manufacturer are activities complementing their products. Manufacturers can benefit from the service differentiation and use it to design alternative marketing strategies. Generally, IFC and services - contributes to higher positive effect on business performance. For this reason, it is interesting to know if synergy of IFC and services have a higher positive effect on business performance. Purpose of the article: This article aims to determine how IFC and services at manufacturing companies in the Czech Republic influence business performance. The research question is as follows: Does the synergy of IFC and services in companies producing electrical equipment and electronic components have a higher positive effect on business performance? Methods: Sixty SME?s filled in a questionnaire to gather information about IFC and services. For measurement of correlation for two variables, Spearman's rank correlation coefficient was chosen. Regression analysis was used for measuring the synergy. Findings & Value added: The main finding shows that the synergy of the quantities observed has not been confirmed, although some of the following relations were approved such as a positive relationship between: a) some items of IFC and items of business performance, b) some items of services and items of business performance and c) items of IFC and items of services. The result of the paper shows further consequences of IFC and services in today's manufacturing companies.

5

Human Resource Development in a Small Company

88%

Bernik M., Kermc D.

Organizacija

|

2013

|

vol. 46

|

issue 4

165-170

EN

The small business sector is often overlooked in human resource development researches, despite representing a large portion of the total economy. Very few studies exist on the subject of human resources development needs analysis in small organisations. Development plans remain mostly unwritten, which can lead to the impression that development is not being implemented or planned and is therefore not valid. This paper presents case study of the existing human resource development system in a small company PAN -JAN d.o.o. The research included 80% of all employees, which is 20 out of 25. The research examined the correlation between the additional education and better business performance, analysis of variance on age and number of courses and discriminant analysis on age, years of service, levels of education and legally required education and training programmes. In discussion are proposed changes or improvements, as well as a human resource development model.

6

Analysis of modern methods for increasing and managing the financial prosperity of businesses in the context of performance: a case study of the tourism sector in Slovakia

88%

Onuferová E., Čabinová V., Dzurov Vargová T.

Oeconomia Copernicana

|

2020

|

vol. 11

|

issue 1

95-116

EN

Research background: In the context of constantly changing business environment, the financial sector is focusing on new trends in financial management systems. Nowadays, there is a need to achieve long-term financial growth, so financial managers try to develop new models for managing and improving the financial performance of businesses in economic practice. Purpose of the article: This article aims to determine the financial performance of travel agencies by applying modern business performance evaluation methods in order to create a performance portfolio (ranking) for the years 2013-2017, subsequently to reveal the concordance rate of order of the selected business entities by comparing applied financial methods in the context of performance benchmarking. The research question is as follows: Does the multidimensional PCA method in the form of the performance portfolio of travel agencies provide similar financial results compared to the EVA indicator? Methods: For measuring the financial performance of businesses, the method of Principal Component Analysis (PCA) and the indicator Economic Value Added (EVA) were chosen. Spearman's rank-order correlation was applied in order to reveal the concordance rate of the analyzed travel agencies. Findings & Value added: The results indicate that by applying the PCA method, 6 key performance factors can be identified. Moreover, the findings revealed that the assessment of travel agencies using the PCA method and EVA indicator did not lead to the same financial results. Individual financial methods identified a different number of strong-performing and inefficient business entities. In this backdrop, we concluded that the business performance measurement based on the PCA method is not a suitable alternative to measuring performance using the EVA indicator.

7

Giving-up Management System Certification: a Potential Early Warning Signal?

75%

Alič M.

Organizacija

|

2012

|

vol. 45

|

issue 2

59-74

EN

The paper presents the dynamics in number of top management system certificates (ISO 9001, ISO 14001) focusing on the situation in Slovenia in the last two years when a significant increase of cancelled certificates was noticeable. We studied this phenomenon in order to find out its reasons and effects on the performance of the organizations. Some recognized relations between quality management systems and company performance from literature review were used for setting hypotheses which were analytically proved. We assumed that quitting management system certificates was related to decrease in business performance. Empirical part of our research was based on the data of Slovenian certification bodies and on published annual financial reports of Slovenian organizations. In the survey some characteristics and performance of the organizations which gave up certification were analysed. We came to interesting findings that cancelling certificates was related to decrease in business performance and often even to closing of organizations. The downsizing of the business was increasing through the time. So, 2 years after cancelling certificates only 8% of the organizations still present growth in their income and revenue, besides almost 40% of them quit or would have to quit their business. It was also found out that the business performance after cancellation of the certificates was related to the business performance before it and to the reason for cancellation as well. Two years after cancellation there was a 3-times higher proportion of failed organizations (= 45% of previously non-profitable organizations) among the organizations that had operated at a loss before the cancellation of their certificates, compared to those previously having a profit. Among the claimed reasons for certificate cancellation organizational changes (in 35% of all the organizations losing certificates) and cancellation of certificates by certification bodies (in 41% of these organizations) were the most common ones related to the failure of these organizations.

8

Human Resources or Information Technology: What is More Important for Companies in the Digital Era?

75%

Turulja L., Bajgorić N.

Business Systems Research Journal

|

2016

|

vol. 7

|

issue 1

35-45

EN

Background: Companies can improve their business performance, increase revenues and reduce costs by enhancing their information technology (IT) capability. On the other side, there is an increasing importance of human resource management (HRM) practices related to IT utilization, which are important for the business performance of a company in the rapidly changing knowledge-based economy. Objectives: The objective of this paper is to analyze the relations among IT capability, HRM capability and the firm’s performance outcomes. Methods/Approach: The paper uses survey data and Structural Equation Modeling to analyze the relationships among IT capability, HRM capability and firms’ performance. Results: This paper reveals that IT capability to some extent determines firms’ business performance but it plays more important role in enhancing HRM capability. In addition, HRM capability significantly impacts business performance. Conclusions: The findings indicate that managers should not focus on allocating resources only for IT investments. In order to achieve better business performances, these technologies need to be used to support all business processes including HRM activities.

9

Wpływ współpracy przedsiębiorstw z sektorem naukowo-badawczym na innowacyjność firm notowanych na GPW w Warszawie oraz NewConnect

63%

Kubacki K.

Gospodarka Narodowa. The Polish Journal of Economics

|

2013

|

vol. 264

|

issue 5-6

97-121

EN

The article looks at the collaboration of companies with the science sector and its impact on the innovation performance of businesses. Variables include the proportion of revenue from the sale of innovative products in total sales, the implementation of product and process innovation, and the number of patent applications. The author examines how science-business collaboration is influenced by the size of companies, their internal research-and-development (R&D) activity, and the type of Warsaw Stock Exchange market they are listed on (main or alternative). The data was collected through a questionnaire among companies listed on the Warsaw Stock Exchange –on both the main market and the NewConnect alternative market – using the Computer-Assisted Telephone Interviewing (CATI) method. Answers were collected from a total of 104 companies. The analysis was conducted using descriptive statistics, calculating the correlation among the variables, and estimating the parameters using the logit and Ordinary Least Squares (OLS) methods. The results of the study show that collaboration with the science sector is positively correlated and has a significant impact on company innovation indicators, the author says. However, it has also been observed that the market on which a company is listed has no statistically significant impact on these results, Kubacki adds. For professionals holding top managerial positions as well as those involved in the development of innovation and business strategies in the corporate sector, this is an important signal that collaboration with the science sector can produce tangible benefits in the form of a higher level of innovation, the author concludes.

PL

Celem artykułu jest przedstawienie współpracy przedsiębiorstw z sektorem naukowo-badawczym i jej wpływu na ich podstawowe wskaźniki działalności innowacyjnej (udział przychodów ze sprzedaży innowacji produktowych w sprzedaży ogółem, wdrożenie innowacji produktowych, wdrożenie innowacji procesowych oraz zgłoszenia patentowe), oraz ich zależność od wielkości firmy, rynku notowania i prowadzonych prac badawczo-rozwojowych. Badanie empiryczne przeprowadzono za pomocą specjalnie przygotowanego kwestionariusza skierowanego do spółek notowanych na rynku głównym Giełdy Papierów Wartościowych w Warszawie oraz na rynku alternatywnym NewConnect. Analizę przeprowadzono wykorzystując statystykę opisową, korelację współczynników i estymację parametrów za pomocą metody logit oraz najmniejszych kwadratów. Badania wykazały, iż współpraca z sektorem naukowo-badawczym jest pozytywnie skorelowana i istotnie wpływa na wszystkie wyniki innowacyjne badanych firm, jednakże zaobserwowano, iż rynek notowania nie ma istotnego wpływu na wyniki innowacyjne tych przedsiębiorstw. Obserwacje dokonane w opracowaniu mogą służyć jako istotny sygnał dla osób na kierowniczych stanowiskach lub osób zaangażowanych w tworzenie strategii innowacyjnej firm, iż współpraca z instytucjami o charakterze naukowo-badawczym może przynieść firmom realne korzyści w postaci wyższego poziomu innowacyjności, co w dzisiejszych czasach często decyduje o zdolności konkurencyjnej przedsiębiorstwa.

Refine search results

A Research Proposal to Examine Entrepreneurship in Family Business

Firm’s Network Position and Business Performance

Entrepreneurial Orientation: A Case Of Gauteng Province, South Africa

Synergy of interfunctional cooperation and services in companies producing electrical equipment and electronic components in the Czech Republic: pilot study

Human Resource Development in a Small Company

Analysis of modern methods for increasing and managing the financial prosperity of businesses in the context of performance: a case study of the tourism sector in Slovakia

Giving-up Management System Certification: a Potential Early Warning Signal?

Human Resources or Information Technology: What is More Important for Companies in the Digital Era?

Wpływ współpracy przedsiębiorstw z sektorem naukowo-badawczym na innowacyjność firm notowanych na GPW w Warszawie oraz NewConnect