Creation Of Enterprises Research Articles

LES PEPINIERES D’ENTREPRISES, SYSTEME DE SOUTIEN A L’ENTREPRENEURIAT ET OUTIL DE DEVELOPPEMENT ECONOMIQUE LOCAL CAS DE TECHNOPARK – CASABLANCA

Business incubators can appear as a solution, or rather as a tool to promote the emergence and expansion of future business, as well as structures designed to stimulate local economic dynamics. Through this work, we will try to analyze the role of these ecosystems, not only in terms of helping to create new businesses, but also their contribution to local economic development. Indeed, we will try to achieve this objective through the case study of the incubator of the Technopark in Casablanca, which is a renowned structure in assisting and helping the creation and development of enterprises in the field of information technology and communication in Morocco.

Entrepreneurial marketing and performance of medium size hotel businesses in Ibadan, Nigeria

The challenge many medium sized hotels have today is how to effectively promote their services, bearing in mind the enormous cost of using traditional media to achieve the desired effects. Thus, marketers may have to embrace Entrepreneurial Marketing which is the practice of marketing with entrepreneurial mind set. Hence, this study examined the impact of Entrepreneurial Marketing on performance of medium-size hotel businesses in Ibadan, Nigeria. The data were collected through questionnaire administered to random sample size of 154 hotels and convenient sample of 2 senior staff from each of selected hotel. The data was analyzed using descriptive, regression and correlation statistical methods. The study concluded that Entrepreneurial Marketing (i.e. Guerrilla and Viral Marketing strategies), as it is related to promotion, have significant impact on and relationship with performance (i.e. sales growth and brand image creation) of Medium-size hotel enterprises in Ibadan, Nigeria. The study recommended that Hotel Entrepreneurs should embrace Guerrilla Marketing because of its direct and positive impact which is cost effective; and that they should embrace Viral Marketing because of its direct and positive impacts which are global reach, high speed contact and twoway communication. Keywords: Entrepreneurial Marketing, Brand Image, Business Performance, Guerrilla Marketing, Viral Marketing

Assessment of the level of requirements to key competencies of enterprises under conditions of digital economy

The main subject of the research is the key competencies of innovation-active enterprises in the digital economy. Approach to the identification of core competencies of the enterprises on the basis of the inverse engineering of the requirements to competencies satisfying valuable characteristics of a product is formulated. It is proposed to consider the network enterprise as an intermediate link upon transition from the creation of the traditional enterprise to virtual. Decomposition of the value chain of the product into activities corresponding to the core competencies in the context of the network enterprise participants is executed. The technique of assessment of requirements to core competencies of the enterprises on the basis of comparison to the value offer on the creation of an innovative product is developed. Criteria of optimization of the network enterprise structure on the basis of estimates of the level of requirements to core competencies are developed. The distinctiveness of the study consists in the use of expert assessment methods, fuzzy logic, multisets, and multi-criteria optimization during its conducting. The practical implementation of the research results presented in this article will improve the efficiency of innovatively active enterprises.

The Impact of Post-Reality on Creative Businesses

Post-reality is a result of technological changes in the marketing environment. This phenomenon has a great impact on creative enterprises. The objective of the study is to characterise the impact of the newest trends in the marketing environment on creative businesses. The article presents the results of the research on the influence of post-reality on the operating strategies of creative businesses.The study was supplemented with examples in the form of case studies. The study uses secondary sources obtained with the desk research method and proprietary participating observations.

Strategic Microeconomic Considerations of Macroeconomic Analysis: Fiscal, Trade and Security Impacts of Aerospace and Defence

ABSTRACT The usage of foreign direct investment (FDI) is a crucial element in the economic growth literature focusing on sustainable development. In the case of the aerospace sector, security considerations restrict FDI flows and the market-based creation of multi-national enterprises (MNEs), even more than they restrict trade. The role of the government is instrumental as such industries as they exercise significant control over structure and performance through procurement and regulatory aspects. Moreover, there are countries like the US whose aerospace is a leading exporting sector, while significant government expenditure flows impact through fiscal policy the economy at large. The analysis in this paper applies a sectoral analysis of economic development based on the ownership-location-internalization (OLI) theoretic framework for MNE activity for the case of the aerospace industry combined with the strategic trade and macroeconomic implications. The behavior of the government is examined within the macroeconomic, strategic economic and security framework towardidentifying a comprehensive framework of analysis.

A Study on the Social Value Creation of Social Enterprise

A Study on the Social Value Creation of Social Enterprise

FISCAL INCENTIVE TOOLS FOR INNOVATION ACTIVITIES OF HIGHER EDUCATION INSTITUTIONS OF UKRAINE

This article explores the context of scientific and technological activities of higher education institutions of Ukraine, summarized the main factors impeding the formation of an effective national innovation system. The emphasis is placed on the role of institutions of higher education in building an innovation-investment model of the economy. It is noted that the effectiveness of scientific and technical activities in general, and in institutions of higher education in particular, affect both the volumes and the structure of financing. Was compared the dynamic of spending on research and development in Europe, and noted that Ukraine is now stored in a downward trend. The structure of financing of research and development activities in Ukraine and some European countries was analyzed, it is estimated that there is currently a disproportion in Ukraine, and most of it falls on public financing. The generalization of international experience allows us to assert that in the countries with developed investment-innovative economy a significant place in the structure of financing of research and development activity is occupied by the business sector. This produces a synergistic effect both on the education system, which receives additional funding and on business competitiveness through the introduction of innovative product production. In addition, an important aspect of cooperation between institutions of higher education and the commercial sector is the creation of academic enterprises, and the introduction of the model of a "commercial institution of higher education". A significant impetus to this cooperation, fiscal instruments can be used both to businesses and to higher education by providing them with tax breaks, lower tax rates, innovative soft loans and other preferences. Considered fiscal instruments that are used in the world and outlined their possible impact on the innovation activities of higher education institutions of Ukraine. It is determined that the study of international experience may be the basis for building a system of fiscal instruments promoting cooperation between higher education institutions and entrepreneurship.

SOCIO-ECONOMIC BACKGROUND OF DEVELOPMENT OF MIGRATION PROCESSES IN THE NORTH-WESTERN PART OF THE AZERBAIJAN REPUBLIC (BY THE ECONOMIC-GEOGRAPHIC REGION OF GUBA-KHACHMAZ)

Recently, the problem of migration by direction of regulate the glances are different measures in the world. The was shown by researchers, especially social-economic and processes of demographic are cause increase of migration. However, one of economic region of Azerbaijan Republic the problems of migration were direction as object of research as by the economic-geographical region of Guba-Khachmaz. Five regions are composed of the economic-geographical region of Guba-Khachmaz is located in the north-east part of Azerbaijan (Guba, Khachmaz, Gusar, Shabran and Siazan). The resources of oil and natural gas, the suitable position of economic-geographical, the fruit-growing, vegetable-growing, cultivation of grains, development of cattle-breeding at agriculture and this sectors belongs processing of products organize basic formation of farming areas. However, the was created problems related difficulties of transition period increased intensive migration of population in the production of agricultural products, activities of processing enterprises, provision of services to the population.So, the development of social-economic of region, there are enough work places, the durable opened new jobs, the create conditions are development of demographic set up service sectors of demand of population suitable. But the serious were created problems related difficulties of transition period in that sectors of areas, as well as the processes of migration are in the economic-geographical region of Guba-Khachmaz. The economic reforms were begin from the first years of independence for it solving of problems, now that processing continue by government and its are show their positive results. So, industry and acriculture were created with structure of diversification by natural potential in the economic region. Although, modern potential can not ensure growing population with workplaces and people not satisfied from modern social services with increase of cities. The development of social-economic is sustainable for ensure as well as processing of agricultural products and the level of social service population for increase need are greate new networks. These measures will provide regulation of demographic development and population of migration.To increase the role of industry in employment, it is necessary to build new facilities and increase the role of light industry, which is considered one of the labor-intensive industries. This requires the restoration of previously operating enterprises and the construction of new carpet weaving facilities, the creation of new enterprises in the textile and clothing industry. In recent years, a carpet factory in the Khachmaz region has already started operating, employing about 100 people. It is necessary to restore small enterprises of this industry in the Shabran district. For this, the region has a rich resource base and labor skills of the local population.Agriculture occupies a leading place in the economic structure of administrative districts and in employment. Guba-Khachmaz economic region specializes in the production of vegetables and melons and horticulture. Grain, fodder crops, grapes, potatoes are also grown here; the population is engaged in cattle breeding, sheep breeding, and poultry farming.Key words: economic region, development of social-economic, transition period, potensial of natural-economic, economic reforms, resources of mineral- raw material, development of demographic, agrarian reforms, industrial product.

Development of Mobile Application for Sustainable Creative Tourism Assessment using Confirmatory Factor Analysis Approach

<span>Creative tourism has received increasing attention. At present, the concept of creative tourism is still in development stage since there are few or no indicators for assessing the potential of creative tourism to area-based sustainable goals. This document aims to introduce the process of mobile application for sustainable creative tourism (SCT) model development using confirmatory factor analysis (CFA) approach. The study was divided into 4 phases. The first phase involved establishing elements, indicators and criteria drawn from some previous studies and the opinions of experts’ judgement in this study. Secondly, indicators and criteria were selected by using Delphi technique. Thirdly, the indicators and criterias were confirmed by utilizing CFA, Finally, the prototype of SCT mobile application assessment tool is proposed for SCT in this study, based on CFA. Tools for the study included: 1) structured questionnaire from reviews of literature for interviewing the expert, 2) questionnaire for Delphi techniques among the experts for collecting an opinion about the selection of the indicators, and 3) a questionnaire to assess the possibility of data collection concerning the components and indicators of SCT. 300 samples from creative tourism enterprises from all around Thailand were collected and 253 were responded. Data analysis was conducted by using descriptive statistics and CFA. The study found that SCT model consists of 8 components and 36 indicators. The finding from our research shows that it is eligible to establish the novel SCT assessment indicators. The result of SCT application model is appropriate to develop mobile application for SCT assessment tool. </span>

INFORMAL SECTOR RETAIL START-UPS IN A CARIBBEAN CONTEXT

Retailing dominates the informal environment where activities occur in private and public spaces. Notwithstanding the contributions from informal retailing entrepreneurs (IRE), a paucity of research remains on the complex entrepreneur-environment exchange and in particular, the relationship between retailing entrepreneurs and the informal environment in Caribbean economies. This qualitative study aims to explore the informal retailing environment between 2003 and 2018 for informal sector start-ups in the Caribbean, specifically Barbados. Guided by Gnyawali and Fogel’s Integrative Model of Entrepreneurial Environments, content analysis of newspaper articles unveiled insights about the country’s environmental conditions pertaining to (a) government policies and procedures, (b) socioeconomic conditions, (c) entrepreneurial and business skills, (d) financial assistance, and (e) non-financial assistance and its impact on new enterprise creations. The study’s results imply that the Barbadian IRE have not been embraced fully, which reduces the likelihood of new informal venture creations testing the market and the potential for more IRE transitioning to the formal market. Empirical findings infer that efficient market functioning requires clear policies and procedures and fewer barriers limiting people from pursuing business opportunities, making the environment more conducive to new business start-ups.

An Empirical Investigation on the Psychological Antecedents of Social Entrepreneurship

Abstract Despite the growing phenomenon of social entrepreneurship, the existing literature has limited quantitative findings on its determinants. This study examines the psychological origins of social entrepreneurial behavior based on the motivated information processing theory. Our structural equation modeling analysis of 179 nascent social entrepreneurs in South Korea indicates the indirect effects of prosocial motivation on social enterprise creation behavior through perceived meaningfulness and social entrepreneurial self-efficacy. Our findings empirically identify the cognitive mechanisms between prosocial motivation and social entrepreneurial behavior. Also, the results of this research complement the existing scholarly conversations that compare the motives of social entrepreneurs with those of commercial entrepreneurs.

Determinants of entrepreneurial intention among undergraduates in a Muslim community

PurposeAs part of the strategy to curb the rising unemployment among Nigerian undergraduates, entrepreneurship subjects were made compulsory in the curriculum of all the higher educational institutions (HEIs) in Nigeria. The idea is to trigger strong desire for enterprise creation rather than remaining job seekers among the undergraduates upon graduation. Accordingly, this paper aims to determine predictors to entrepreneurial intentions among university students in Muslim community of Northern Nigeria.Design/methodology/approachTheory of planned behaviour was extended to include compatibility and educational support. The model was empirically tested and was analysed using the partial least square structural equation modelling technique on a sample of 312 higher institution students in Zamfara State.FindingsThe finding shows that entrepreneurial intention is taken as a function of educational support, compatibility and perceived behavioural control. The extended model has predictive relevance, and it explained 36 per cent of variance in entrepreneurial intention.Originality/valueThe inclusion of compatibility has a unique effect on this study; no study has tested the effects of compatibility in entrepreneurial intention. In addition, no study has been conducted in a core Muslim state in Northern Nigeria, where most of the economic policies are Islamic-driven and unemployment rate is relatively high. In addition, no study has been conducted in the context of necessity entrepreneurship using TPB.

Financial Deepening and Business Creation: A Regional Analysis of Colombia

ABSTRACT Focusing on the individual regions of Colombia, we analyze the depth of the country’s financial sector and its incidence over business creation and economic growth. Financial deepening, measured by the ratio of time deposits to GDP and by the ratio of commercial bank loans to GDP, consistently shows a positive and significant relationship with business creation across the Colombian regions. These findings are also present when extending our analysis to study the impact of financial deepening on enterprise creation by industrial sectors. Lastly, regional new enterprise creation is found to be positively correlated with regional economic growth.

El desarrollo sostenible a través de empresas sociales en comunidades indígenas de América Latina

Objetivo: explorar y describir el rol de las empresas sociales para impulsar el desarrollo sostenible de comunidades indígenas. Metodología: a través de un método cualitativo basado en una estrategia de investigación de estudio de caso, se analizaron dos empresas sociales indígenas ubicadas en Perú y México. El método principal de recolección de información fue la entrevista, y de forma secundaria la observación y el análisis de documentos. Resultados: el liderazgo local de ambas organizaciones busca involucrar y empoderar a la comunidad a través de distintas estrategias como empleo digno, creación de nuevas empresas, sensibilización ambiental, construcción de infraestructura, y nuevos mercados para productos locales. Además, la cosmovisión de cada grupo indígena permitió crear organizaciones alineadas a los valores y cultura de cada comunidad, potenciando las sinergias con los principales grupos de interés. El desarrollo de un ecosistema de emprendimiento ha permitido la creación de nuevas empresas que generan empleo digno, y han convertido a ambas comunidades en polos de desarrollo regional. Finalmente, la innovación social dirigida a la reducción del impacto ambiental negativo ha permitido legitimar las operaciones de las empresas, diversificar, y obtener certificaciones relacionadas con desarrollo sostenible. Limitaciones: la cosmovisión de cada comunidad indígena limita la utilidad de los resultados derivados de esta investigación en otros contextos culturales. La fase exploratoria del fenómeno invita a ser cautos al formular relaciones causales. Conclusiones: las lecciones derivadas de estas empresas sociales indígenas contribuyen a replantear lógicas largamente establecidas en el ámbito del desarrollo regional y la administración de empresas. Este trabajo contribuye a la literatura al analizar el papel de las empresas sociales en el desarrollo regional de comunidades indígenas, en cuya conversación existe poca evidencia empírica de América Latina, y más aún en un contexto con altos niveles de marginación y exclusión.

RESULTS OF STATE REGISTRATION OF SMALL INNOVATIVE ENTERPRISES, CREATED IN THE SPHERE OF EDUCATION AND SCIENCE OF RUSSIA

The article presents the results of work on the statistics of notifications registration, the formation of notifications Register on the creation of small innovative enterprises, support of the interactive information system of SRI FRCEC «Registration and monitoring of small innovative enterprises of scientific-educational sphere».

Organizational form and pro-social fantasy in social enterprise creation

Why do social entrepreneurs retain their faith in social entrepreneurship despite the organizational tensions and anxieties inherent to this field of practice? In this article, we employ the psychoanalytic concept of fantasy to advance knowledge on social enterprise creation. The research analyses qualitative data relating to the adoption of the Community Interest Company, a bespoke organizational form for social enterprise. We argue that social entrepreneurs adopt a specific organizational form because it represents a fantasmatic object that supports their desire for pro-social work. This fantasmatic form appears to temporarily neutralize tensions and anxieties while preserving attachments to pro-social ideals. Our first contribution is to extant research on the role of fantasy in social enterprise. Specifically, we elucidate how social enterprise creation is riven with fantasy-laden attachments to ideals of pro-social work that promise to counteract concerns about future viability as well as competing social and for-profit missions. Our second contribution is to highlight the role that organizational form choice plays in effectively managing such tensions and anxieties as it provides a robust anchor for pro-social desires. Fantasmatic attachments to pro-social work and organizational form thus emerge as integral to social enterprise creation.

OPPORTUNITIES FOR HARVESTING AGROBIOMASS AND PRODUCTION OF BIOFUELS BY MUNICIPAL ENTERPRISES IN UKRAINE

The results of estimation of the energy potential of biomass of agricultural origin in Ukraine and the current state of its use are presented. The possibilities for creation of communal enterprises for harvesting of agrobiomass and production of biofuels from it are analyzed. The results of the typical feasibility study of the projects for the production and use of straw fuel are shown.

Psychological Resilience Predicted by Personality Traits, Locus of Control and Self-Regulation of Young Entrepreneurs in Pekanbaru

Objective - Entrepreneurs are one of the important contributors to increasing non-agricultural economic income and developing micro, small and medium enterprises. In Indonesia, entrepreneurial orientation has empirically proven that psychological factors affect individuals in improving the economy of society. The concept of psychological resilience as the development of models to predict the events and situations of failure. In certain circumstances difficulties cannot be avoided, a person with psychological resilience is able to reduce the problem by creating a new situation. Individuals who have strong personality characteristics thought to be one important factor in the process of creation and development of enterprises. Methodology/Technique - The scale used in this study consisted of a scale big five personality (Openness) McCrae & Costa (2004), The Self-Regulation Questionnaire (SRQ) by Brown et al (1999), The Work Locus of Control Scale (WLCS) by Spector (1988) as modified by Spector (2004), and Connor-Davidson Resilience Scale (CD-RISC) compiled by Connor & Davidson (2003) as modified by Manzano and Ayala (2013). A total of 238 micro businesses have voluntarily participated. Findings - The results of path analysis showed that the openness personality directly (β = 0.131) was significantly associated with resilience. Similarly, the personality trait through self-regulation shows indirect influence on resilience (p1 p3 0.027 x 0.175 = 0.0047) significantly. Novelty - The contributions of personality openness and self-regulation of the resilience of 0.136 or 13.6%. It can be concluded that indirectly associated the entrepreneur's psychological resilience of the personality trait through self-regulation significantly. Type of Paper - Empirical. Keywords: Personality Traits; Locus of Control; Self-regulation; Entrepreneurs; Psychological Resilience. JEL Classification: M50, M59.

PENGEMBANGAN DAN PELATIHAN DIVERSIFIKASI PRODUK OLAHAN PEPAYA DENGAN MEMANFAATKAN POTENSI DESA UNTUK MENINGKATKAN KESEJAHTERAAN EKONOMI

The development of diversification of local food processing is seen as strategic in supporting the creation and development of productive economic enterprises. One of the agricultural potentials in Ambawang Kuala Village that can be developed is papaya fruit. Besides being able to be processed into papaya extract and dodol, papaya can also be processed into papaya chips with various flavors. The basic problem is the lack of processing of existing resources into other products that are more attractive and durable. The method used to carry out this service activity is direct socialization and practice. Basically all activities that have been carried out are expected to be able to provide benefits to the society in the Village and help the development of Small and Medium Enterprises (MSMEs) in Ambawang Kuala Village.

Intellectual property protection and creative enterprises’ investment efficiency: alleviating financing constraints or inhibiting agency problem?

ABSTRACTThis study investigates the influence of regional intellectual property protection (IPP) on creative enterprises’ investment efficiency in China, and its influencing mechanism is also explored. For this purpose, we employ provincial level data of IPP along with micro financial data from 214 Chinese listed creative enterprises between 2007 and 2015. Consistent with our assumptions, we find strong and robust evidence that IPP has a significant and negative correlation with the investment inefficiency of creative enterprises especially those with private ownership. We also employ investment-cash flow sensitivity by using modified Tobin-Q model to examine the concrete mechanism of IPP, and the results show that IPP impacts creative enterprises’ investment efficiency advantageously by relaxing financing constraints rather than inhibiting agency issue. Taken together, this paper contributes that IPP can help alleviate private creative enterprises’ financing problem, which in turn improves the firms’ investment efficiency.