Business Establishments Research Articles

Faith-based Social Entrepreneurship: Improving Mosque's Socio-Economic Values in Emerging Country

The religious perspective in the literature on social entrepreneurship remains largely unexplored, resulting in a scarcity of studies that analyze social entrepreneurship through a religious lens. Social entrepreneurship, including its manifestation in religious organizations as faith-based social enterprises, has emerged as a significant innovation in addressing diverse social issues, with the vast number of mosques in Indonesia presenting a promising opportunity to contribute to the betterment of the community's well-being. This study aims to identify the transformation process at the Masjid Ar Rahmah Surabaya and its impacts on social welfare considering its successful establishment as a faith-based social enterprises over the past five years, managing multiple business units and generating social benefits. Employing a case study, data were collected through interviews, observations, and document studies. The findings of the study present a model consisting of stages such as opportunity recognition, business establishment, resource acquisition, and organizational reconfiguration. These insights have implications for addressing social issues and enhancing community welfare in Indonesia and other emerging countries.

Application of Innovative Methods of Managing the Labor Potential in the Hotel and Restaurant Business Establishments

Purpose: The purpose of the academic paper is to study the tendencies and practice of applying innovative methods of managing labor potential in the hotel and restaurant business in changing environmental conditions.
 
 Theoretical framework: Considering labor shortages in the hospitality industry and the necessity to attract employees after the pandemic, the EU hospitality and restaurant businesses have been changing their methods of managing the labor workforce.
 
 Design/methodology/approach: The research methodology is based on a systematic approach to studying trends and the practice of applying innovative methods of managing labor potential in the context of the external environment’s challenges. Based on the Eurostat panel data for 2020, linear regression models of the dependence between turnovers, employment, and labor productivity in the field of hospitality in EU countries were constructed. Secondary data from interviews with owners of the largest EU hotel chains were used to identify methods of managing labor potential after the pandemic.
 
 Findings: The results demonstrate the existence of challenges toward the EU hotel and restaurant chains related to the labor shortage in the conditions of spreading the pandemic, the set of skills and low-skilled migrants. In order to solve the problems outlined, network managers hire and quickly train employees without work experience from various social categories (young people, students, specialists from other sectors, migrants, etc.). Moreover, hotels’ and restaurants’ managers offer employees housing, additional wages, social insurance, bonus payments in order to attract the workforce.
 
 Research, Practical & Social implications: The research demonstrates a positive change in the employees’ working conditions in the hospitality industry in the EU states due to the problem of their shortage, which arose with spreading the pandemic and the labor force movement to other economy sectors.
 
 Originality/value: The practical value of the research lies in the possibility of using the knowledge about the identified trends of managing labor potential in the EU hospitality industry by small and micro enterprises of the industry.

Identification of factors influencing entrepreneurial behavior: unveiling start-up business initiatives in Indonesia

This study aims to identify the factors influencing the intention of people to launch business in Indonesia, using theory of planned behavior (TPB). The implemented methods included binomial logistic regression, classification and regression tree, and structural equation modeling. To examine this issue, data were obtained through Global Entrepreneurship Monitor (GEM) from 2015–2018. The results demonstrated that TPB construct was relevant to the launch initiative of business. This emphasized the significant functions of self-efficacy, business opportunity, and role models in the plans of people, regarding the establishment of an enterprise. Therefore, this study advanced the understanding of the factors influencing entrepreneurial behavior concerning the establishment of business, as well as provided strategies and plans for its development in Indonesia.

The Role of Kudumbashree Units in Promoting Sustainable Women's Empowerment in Kerala

Objective: Women's empowerment and gender equality are widely acknowledged as being essential to progress in all spheres. The objective of this study is to examine the factors that motivate women to join Kudumbashree Units in Kerala, with a focus on empowering women and promoting gender equality in the development process. Theoretical Framework: The study is based on the understanding that women's empowerment and gender equality are crucial for progress in all aspects of society. The Kudumbashree scheme aims to eradicate poverty and empower underprivileged rural women through the establishment of microcredit and profitable businesses. Method: The study involves female members of Kudumbashree units in Kerala, with a total sample size of 399. The study analyses the variables that influence women's decision to join the Kudumbashree Units, comparing them on a group-by-group basis. Results and Conclusion: The results indicate that, except for the variables of Family environment and Supports/Relationships, there are no significant differences in the factors influencing women's decision to join Kudumbashree Units in Kerala across different groups. Implications of the Research: The research highlights the importance of understanding the factors that encourage women to participate in initiatives like Kudumbashree Units. The findings can inform policymakers and program implementers in designing strategies to promote women's participation and empowerment. Originality/Value: This study contributes to the understanding of women's empowerment and gender equality in the context of Kudumbashree Units in Kerala. It provides insights into the factors influencing women's decision to join such units, offering valuable information for program planning and implementation.

Features of attracting investments and financing business projects

The article discusses the importance of attracting investments at every stage of project development: from its creation to the established business. In addition, the most popular methods of external financing of business projects are analyzed.

The Formation of the Hotel Business in Russia (XI – XVIII Centuries)

Relevance. The article examines the process of the establishment of the hotel business in Russia. The relevance of the topic under consideration is unconditional in view of its low coverage in the scientific literature and its importance for the formation of a general concept of the development of the hotel industry in the country.The purpose is to highlight the main stages of the establishment of the hotel business in Russia.Objectives: to determine the degree of state regulation of the activities of "hotels"; to name the types of hotel establishments in different historical periods; to assess the level of service.Methodology. The article is based on the principles of historicism, consistency and objectivity. In addition to them were the methods of a special plan – hermeneutic, comparative legal and historical-typological.Results. The process of establishment of the hotel business in Russia was a long one, inextricably linked with the formation and development of Russian statehood. Hotel establishments of various types were arranged, as a rule, in cities or on crowded roads. They provided accommodation, catering services, and, at the same time, strengthened trade ties, created conditions for cultural exchange. Hospitality was a characteristic feature of the Russian people. In the pre-Mongol period, reception and accommodation services were provided by guest houses, inns, camps, churchyards. Under the influence of the Mongol-Tatars, Yamsky stations appeared as hotels on the roads of Russia. Since the beginning of the XVIII century, the country's hotel network has been expanding at the expense of European-type establishments: inns, herbergs. The state has been leaving the hotel business outside the zone of active regulation for a long time. The activities of the "hotels" were subordinated to customary law. The first attempts to establish hotel standards date back to the XIV century . During the formation of the unified Russian state, activity in hotel management increased. In Peter's time, the government's policy was aimed at modernizing service quality standards, expanding the scope of hotel services provided, improving taxation, and unifying the hotel chain.Conclusion. The state of the hotel industry was a qualitative reflection of the political and socio-economic processes in the country.

Dampak Pembangunan Keberadaan Kampus II IAIN Ponorogo Dan Dampaknya Terhadap Perekonomian Masyarakat Di Kabupaten Ponorogo

Development is a continuous improvement process in society and its social system towards a better standard of living. Development is a change in the level of welfare that is measurable and occurs naturally. The changes affect not only one aspect of life but also fundamental aspects. Changes can be seen in the economic status of the people in the area, like the construction of a higher education institution in a place that will impact changes in its surroundings. The changes that occur are not only the hustle and bustle of activities but also changes in the economic field of the surrounding community because other developments around it will also follow the construction of a higher education institution. So that The main objective of this research is to find out how the influence of the development of higher education institutions has on the economy of the surrounding community. The changes brought about by the establishment of a tertiary institution certainly have an impact on the lives of the surrounding community. The impact in question is an impact that can improve the lives of the surrounding community, especially in the economic sector. The most obvious change is that in the area around the campus, many business establishments have been established, such as boarding houses, restaurants, shops, workshops, laundries, photocopiers, and so on. Establishing these businesses will open up many job opportunities for the community so that the community's economy will also improve. This research is expected to contribute to the development of economic development theory and can be helpful suggestions and references for future research.

Water Consumption and Utilization of Various Sectors in Basco, Batanes, Philippines

Increasing population and growing commercial and business establishment translate to rising demand for water. Water is a finite resource needing proper management to continuously provide humans’ basic needs. In the Philippines, the most populated municipality in the northernmost island province, Basco, Batanes, is highly dependent on Racuaranum Spring within Mt. Iraya watershed as its source of water. The municipality faces challenges with its water resource management coupled with the growing water demand from households, commercial establishments, institutions, and tourism. The water utilization of these sectors were recorded and a 10-year projection of their demand and supply were plotted. Sectoral survey, focus group discussion, and the strengths, weaknesses, opportunities, and threats analysis were employed to assess their water consumption and utilization. The households extract water for general use from groundwater and from the watershed. The other sectors mostly sourced their water through the Basco Waterworks System (BWWS). With the growing number of water consumers, the demand-supply projection showed a high-water demand in the domestic and commercial sectors surpassing actual and potential supply. To address this, the study suggested enactment of municipal ordinances on proper water resource management and service facilities taking into consideration its growing commercial sector, including but not limited to its tourism industry.

ОЦІНКА ЕКОНОМІЧНОЇ ЕФЕКТИВНОСТІ ВПРОВАДЖЕННЯ ТЕХНОЛОГІЙ ОЗДОБЛЮВАЛЬНИХ НАПІВФАБРИКАТІВ З СИРОВАТКОЮ ДЕМІНЕРАЛІЗОВАНОЮ

The article presents the results of calculating the cost of finishing semi-finished products (sugar, marzipan, bean pastes) using demineralized whey powder; substantiation of economic efficiency and social effect of their use in restaurant business establishments. The criteria for implementation effectiveness were calculated using the regulations and costing items adopted and approved in accordance with the current legislation of Ukraine. The cost price and selling price of finishing semi-finished products with demineralized whey in accordance with the current regulations were determined by the calculation method by calculating the costs for all items. ХАРЧОВ І ТЕХНОЛОГ ІЇ 136 Випуск IІ (90), 2023 New types of finishing semi-finished products for multifunctional use with the addition of demineralized whey in a concentration of 20...50 % for sugar pastes, 20...30 % for marzipan, 10...30 % for legumes are proposed. Based on the results of calculating the cost of raw materials for their production, it was found that demineralized whey at certain concentrations can reduce the total cost of raw materials for the developed pastes by 25-40 %. The selling price decreased by 25-30% for sugar pastes, by 40-50% for marzipan pastes, and by 55-60% for legumes compared to analogs. The complex index of competitiveness of the developed pastes in relation to traditional ones is higher by 0.21-0.25 units for sugar pastes, by 0.11-0.18 units for marzipan pastes, and by 0.11-0.27 units for legumes. The analysis of the economic efficiency of the production of new types of finishing semi-finished products with demineralized whey proves the feasibility of their production. The social efficiency lies in the advantages of the developed finishing semi-finished products for confectionery over traditional ones due to their increased nutritional and biological value, reduced caloric content.

THE IMPACT OF PANDEMIC COVID-19: EXPERIENCES FROM MALAYSIAN MICROENTERPRISES

Small and medium-sized enterprises (SMEs) are backbone of most economy worldwide. In Malaysia, more than 97% of the overall business establishments are SMEs and almost 80% of the SMEs comprise of microenterprises that operate with less than five employees. Despite its limited financial and human resources, microenterprises are however considered to be vital for the well- being of the rural communities and capable of reducing income gap between communities. Unfortunately, microenterprises were the most affected by the outbreak pandemic Covid-19 than other business establishments. In rural economy, such as in the state of Kelantan most sole traders operate the microenterprises to support their families’ well-being. Affected income of microenterprises were definitely affected their families’ well-being as well. This study was conducted among businesses in Rantau Panjang, Kelantan with the objective to identify the impact of Covid-19 experienced by them. The study also decided to investigate their readiness to shift to online business. This study applies qualitative approach utilizing structured face-to-face interviews. It was identified that all the participants suffered sales reduction due to Covid- 19 leading to lower income or no income at all. Positively, Covid-19 has forced the microenterprises to quickly shift to alternative online platform to ensure the survival of their businesses. This study is considered to be important because the resilient and sustainability of these microenterprises would alert the well- being and economic status of their families in the post pandemic of Covid-19.

Smart Anti-Burglary Surveillance System using Image AI

In today's world, with an increasing number of robberies, looting and shoplifting, it is indispensable to ensure the safety of our belongings and valuables. When it comes to certain places like bank vaults, uninhabited houses, business establishments like retail shops, jewellery stores, watch stores, etc., surveillance for observing the premise is very essential and has become the unavoidable need of the hour. At such places, it is unlikely to continuously monitor the venue using conventional cameras or a security guard person. To address such type of issues which involve uncertainty of safety, our project proposes a system which will tirelessly monitor the venue at required hours, intimate the intended person (administrator) via mobile communication (Short Message Service), initiate an alert alarm at the premise in order to aware the surroundings and also save the intrusion detected frames in the specified choice of storage. Also, it is developed in such a manner that the system recognizes and does not initiate alert/notification for persons those who are reliable and trustworthy (such as the shopkeeper, habitant of the house, etc.). This system is implemented with specific considerations using Image AI and Tensor flow built upon Convolutional Neural Networks, remotely operatable by users, without compromising the importance of security and protection.

Exploring variation of length of haul and associated freight transport emission of Indian establishments: A survival analysis approach

Rise in length of haul (LOH) of business establishments and the associated greenhouse gas (GHG) emissions are a major concern for planners and policymakers, require extensive investigation. This paper quantifies various factors like business age, gross floor area, employment, the build environment variable on LOH, and associated GHG emission using EBFS data. Survival analysis has been utilized for the analysis. The aggregated LOH model provides a comparative analysis of LOH across different industry sectors and demonstrate that gross floor area, business age, and employment are positively associated with LOH. Subsequently, disaggregated LOH models are reveal the influencing parameter of LOH of a particular industry category. Lastly, GHG models show the influence of fleet ownership level on GHG emissions across different industry sectors. The outcomes will be beneficial for planners and policymakers to develop industry-specific regulations on land use, employment restructuring, and subsidies for owning different types of commercial vehicles.

The Lebanese Entrepreneurial Resilience In Times Of Crisis

The Lebanese Entrepreneurial Resilience In Times Of Crisis

The spillover effect of E-commerce on local retail real estate markets

Using retail property transaction data and e-retailers’ fulfillment center openings from 2010 to 2014, we find that e-commerce expansion–measured by e-retailers’ fulfillment center openings–increases retail property values by 5.2% in counties with fulfillment center openings compared to similar counties with no openings. The effect appears in year two following the fulfillment center opening and persists through year five. This indicates a persistent divergence in retail property prices between the treatment and control groups. The increase in retail property values is accompanied by a significant boost in employment, wages, and business establishments in the transportation and warehousing sector, supporting the income channel hypothesis. However, we find limited evidence for the substitution channels. Notably, the impact is more pronounced in areas where fulfillment center workers are likely to reside.

The Religion of Consumer Capitalism and the Construction of Corporate Sacred Spaces

If one looks at the United States over the past sixty years, it becomes clear that religious and spiritual practices have proliferated in unexpected places and spaces. They have become thoroughly ensconced in the boardrooms, offices, shop floors, and retail spaces of business establishments. From there, they have seeped into just about every imaginable area of American life, turning schools, parks, shopping malls, sports stadiums, hospitals, gyms, health food restaurants, spas, and the very apps on our computers and cell phones into corporate spaces promising new and enticing forms of spiritual enchantment. The purpose of this essay is to document the way new forms of spirituality have become part of a much longer history of the entanglement of business and religion, a history that began in monasteries, formed the bedrock of the Puritan work ethic, and is now an established aspect of the neoliberal ideal of the privatization and corporatization of all aspects of human life.

Path dependencies and sustainable facilities management: a study of housing companies in Sweden

ABSTRACT Facilities management (FM) of housing stocks has great potential to contribute to sustainable development, but the transition to sustainable facilities management (SFM) is complex and slow. The purpose of this paper is to investigate the challenges of transitioning to SFM for housing companies in Sweden in relation to practical and technical innovations like digitalization. Using a path dependency framework, and drawing on semi-structured interviews with 23 FM professionals, the findings reveal many technologies and practices that housing companies can adopt to transition towards SFM. However, their institutionalized path-dependent behaviour means they are unwilling to change, tend to avoid uncertainty, and overemphasize the financial bottom line. These new innovative solutions also present challenges, such as a lack of established business models and poor value for money. This study contributes insight into what path dependencies need to be broken, what behaviours need to be changed, what structures must be created, and what skills and knowledge must be developed to increase SFM in the housing sector.

UNDERVALUATION AND NEW BUSINESS FORMATION IN DEVELOPING COUNTRIES

The widespread recognition of new business formation as a facilitator of economic development has generated interest in examining its relevant determinants. In this paper, a rudimentary framework is proposed and empirically tested in which undervaluation of the real exchange rate incentivizes the establishment of new businesses. The goal of the paper is to establish the effect of real exchange rate undervaluation on the formation of new businesses. Using a broad sample of 40 developing countries observed between 2010 and 2018, results from a fixed effects Poisson model finds the evidence supportive of our hypothesis. The results particularly confirm a positive and sizeable effect of real exchange rate undervaluation on the number of newly registered businesses. Additionally, we find this positive effect stronger in countries with reliable energy, human capital, access to finance and efficient transport systems. These findings suggest that exchange rate policies that maintain undervalued exchange rates have an important bearing on business start-ups in developing countries and more so when accompanied by policy efforts to improve human capital, access to finance, efficient transport systems and the supply of reliable energy.

Miejsce banków w rozwoju gospodarczym ziem polskich w latach 1870–1913

The development of the Polish economy in the nineteenth century was influenced by a number of interacting factors: physical capital, human and social capital, the quality of institutions, the policies of the partitioning states, their macroeconomic situation, and the banking system. This study analyses the role of banking institutions in supporting the development of the economy of the Polish lands in the years 1870–1913. Their primary role was to concentrate savings and redirect them to economic entities. Some banks were involved in financing investments and supporting the establishment of new enterprises. The article identifies the directions of the relationship between economic processes and the development of banks: were changes in the economy primary to the development of banking, or did banks initiate processes of change in the real economy? The conclusions of the analysis are that the banking system only began to play a clearer role in supporting the development of the economy from the 1890s onwards. Prior to that, the reach of the financial sector was relatively shallow, the scarcity of capital being one of the barriers to the development of the economy. From the 1890s onwards, banks began to become involved in the process of industrialisation by becoming involved in supporting the establishment of businesses, while some banks began to evolve towards the universal bank model. Credit cooperatives played an important role in the development of the local economy (farms and the small business sector).

The Motivational Factors of Necessity Entrepreneurship in Algeria

Abstract This paper centres on the phenomenon of entrepreneurship emerging from necessity. Through the adoption of a dual methodological approach, the objective is to identify the motivating factors that determine the establishment of businesses driven by necessity in Algeria. The quantitative approach utilizes principal component analysis on a sample of 194 entrepreneurs, while the qualitative approach involves conducting semi-directive interviews with seven entrepreneurs from disadvantaged backgrounds. By employing these methods, the study aims to uncover the primary variables that influence the occurrence of necessity entrepreneurship in Algeria. The findings of this research shed light on the crucial internal and external factors that contribute to necessity entrepreneurship. Remarkably, these results challenge the prevailing dichotomous framework often utilized to differentiate between necessity entrepreneurship and opportunity entrepreneurship in research studies.

Первые результаты организационной деятельности Хабаровского филиала ФГАУ «НМИЦ «МНТК «Микрохирургия глаза» им. акад. С.Н. Фёдорова» Минздрава России в Дальневосточном регионе в качестве национального медицинского исследовательского центра

Purpose. Assessment of the first results of the organizational and methodological department (OMD) of the Khabarovsk branch of the S. Fyodorov Eye Microsurgery Federal State Institution (Branch) activities for 2018–2022. Material and methods. OMD was established in the Branch in February 2019. This was necessary to ensure effective interaction with the Level 3 medical organizations assigned to the Branch as a National Medical Research Center (NMRC) located in the Far Eastern Federal District (FEFD). Results. Some of organizational measures were taken to connect to the Unified State Health Information System, a systematic assessment of the level of ophthalmological care in assigned medical organizations was organized, problems of organizational interaction of the NMRC in the FEFD were identified, ways to solve them were outlined, a system of regular telemedicine consultations was established on management of the most complex patients. For 2018– 2022 in total, 40 visits to regions were made, 41 knowledge transfers were conducted, a scientific and educational module «Age-related macular degeneration, dry form» was created, an assessment was made of the effectiveness of the implementation and application of clinical recommendations, including quality assessment criteria for «Ophthalmology» profile in assigned medical organizations. During this period, 947 telemedicine consultations were performed, as a result of which 23.3 % of patients were hospitalized in the Branch in 2019, 73 % of patients in 2020, 86.3 % of patients in 2021 and 90 % of patients in 2022. Established business contacts with the heads of the highest executive authorities of the supervised subjects of the FEFD. Conclusions. As a result of the OMD activities of the Branch from 2018 to 2022 a clear system of organizational and methodological assistance was formed for Level 3 medical organizations located on the territory of the assigned regions of the FEFD. Keywords: national medical research center, organizational and methodological department, Far Eastern Federal District, telemedicine consultation, knowledge transfer