{"title":"An entrepreneurial Culture Led by Creativity and Innovation: Challenges and Competencies for Sri Lanka as a Middle Income Country","authors":"T. R. Perera","doi":"10.30845/JBEP.V6N1P6","DOIUrl":"https://doi.org/10.30845/JBEP.V6N1P6","url":null,"abstract":"An open economic policy was introduced by Sri Lanka in 1977, before many other countries in Asia to align her economy to world economic trends. Before 1977 Sri Lanka mainly followed an inward looking economic policy whereas from 1977 onwards Sri Lanka adopted an outward looking or open economic policy. After 1977 with the introduction of the open economic policy, indigenous businesses had to compete with foreign products, processes, technology, innovations and businesses. Hence, doing businesses in this context was very complex as well as more dynamic than in the past. In the year 1977 Sri Lanka converted from public entrepreneurship to private entrepreneurship. Therefore, the country triedto develop through private entrepreneurship from 1977; not only because it the engine of growth, but also to align the country’s development process to world inclinations. The year 2010 was a milestone in Sri Lankan history to achieve the developmental goals when Foxbuisness rated Sri Lanka as the best performing global economy. However, Sri Lanka missed her chances of achieving development with the political and social chaos, consequent the regime change in 2015. To support the fundamental assumption of engine of growth, Sri Lanka must develop an entrepreneurial culture through creativity and innovation. In this endeavor, creativity and innovation will definitely play a pivotal role to achieve the desired level of development with competitive advantage. This type of a development will be an example to the rest of the world and Sri Lanka will be held as a “Model State” for others to follow in today’s context as it was done in the past in Singapore. It is important to get the support of Universities, other educational institutions and organizations which support businesses in the country to develop an entrepreneurial culture in the country and the Government’s support with a national level policy for an entrepreneurial culture. All of these will give sustainability to entrepreneurial culture movement in the country. At the same time, the development of the entrepreneurial culture must be associated with creativity and innovation to gain competitive advantage over the development strategies of other countries and other emerging countries like Sri Lanka. An entrepreneurial culture will help minorities, women and under privileged societies to empower themselves. At the same time it will help to confront and manage youth unrest which has created anarchy in the country from time to time.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128720028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Effect of Private and Common Areas on Transaction Price for Collective Housing","authors":"Ho-wen Yang, Hsien-chi Hsieh","doi":"10.30845/jbep.v7n1a6","DOIUrl":"https://doi.org/10.30845/jbep.v7n1a6","url":null,"abstract":"The utility of a private area in a residential building (collective housing) is higher than that of a common or shared area; thus, the price of private areas should be higher than that of common areas. However, in sales transactions, both areas are included in the price borne by the purchaser. The scope of this study was 22 residential buildings near Zhongke Shopping Plaza, Xitun District, Taichung City, and data for 2,500 transactions were analyzed. The study employed hierarchical linear models, with residential unit price as the dependent variable and private and common areas as independent variables, to explore the extent to which these types of area affect the transaction price, and the effect of each area type on the housing price was clarified. In different models, the results indicate that common and private areas have varying degrees of influence on the housing price; however, the influence of common areas is greater than that of private areas. This finding subverts traditional concepts and previous results. Keywords–collective housing, private area, common area, hierarchical linear model","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130787454","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Silk Road on Ice: China’s Dream for an Arctic Belt and Road Route","authors":"P. Flynn","doi":"10.30845/JBEP.V7N4P1","DOIUrl":"https://doi.org/10.30845/JBEP.V7N4P1","url":null,"abstract":"The Anthropocene Era has resulted in shrinking ice shelves in the Arctic, opening up possibilities for significant growth in maritime infrastructure, hydrocarbon extraction, and military industries. The receding ice could create a shipping bonanza, trimming weeks off transit times and cutting fuel costs for vessels traveling between the Pacific and Atlantic Oceans. The Chinese see this as an opportunity to add a third route to their expansive Belt and Road Initiative, a Silk Road on Ice, described in this paper with an emphasis on the Sino-Russian alliance to make China’s Arctic dream a reality.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126463970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Soaring House Prices Reflect a Shortage of Homes Rather than a New Housing Bubble","authors":"Peter L. D’Antonio","doi":"10.30845/jbep.v7n1a4","DOIUrl":"https://doi.org/10.30845/jbep.v7n1a4","url":null,"abstract":"Home prices have soared by 58 percent during the past seven years and now stand 15 percent above boom-time highs. Although this steep rise is reminiscent of last decade’s housing bubble, the root cause is very different and implies a sharply divergent path for the housing market in coming years. The price rise during the housing boom was a symptom of excesses in housing. In contrast, the current price rise signals the need for more construction as the market faces growing shortages. This paper introduces a new housing supply metric to show that the massive overbuilding during the housing boom set in motion an extended period of underbuilding that is still ongoing ten years after the recession ended. The current housing underbuilding explains the recent price rise, and the new metric suggests that construction activity and prices will continue to increase.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121837983","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
O. J. Dieli, G. Osho, Emmanuel U. Opara, Modupe F. Ojumu
{"title":"Measuring Efficiency Growth Rate in the Pre and Post Deregulation Periods: Wireless Mobile Phone Technology on Healthcare Delivery in Nigeria","authors":"O. J. Dieli, G. Osho, Emmanuel U. Opara, Modupe F. Ojumu","doi":"10.30845/jbep.v7n2a1","DOIUrl":"https://doi.org/10.30845/jbep.v7n2a1","url":null,"abstract":"This study investigates how marginal impact differential of the availability of wireless mobile phone technology in the health industry has increased the efficiency growth rate of healthcare delivery in Nigeria. It divided the period of study into two – pre and post deregulation periods and compared the econometric coefficients of the regression equations.Using time series data of life expectancy rate as a proxy for efficiency growth rate, simple death rate, phone dependence rate, phone subscription rate variables and other explanatory variables in running simple baseline econometric regression models; the research find increased efficiency growth rate in health care delivery in post deregulation period than in pre deregulation period. The greater availability of mobile telephony technology decreased death rate in post deregulation period than in pre deregulation period by increased availability of health information in Nigeria. above paper argues that the availability of wireless technology helps to reduce the cost of learning and implementing world technology frontier in all sectors of the Nigerian economy and thus that it promotes smoother transfer of technology from technologically-advanced countries to Nigeria and brings significant growth in the economy as a whole. The study finds the Nigerian health sector as the sector with the highest marginal impact from the availability of the wireless mobile phone technology. This implies greater transformation of the sector in efficient service delivery(healthcare), research and sector efficiency growth.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134350172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Relationship between Eco-Innovation and Business Performance in Mexican SMEs","authors":"S. Castro, Gonzalo Maldonado Gúzman","doi":"10.30845/jbep.v6n3a1","DOIUrl":"https://doi.org/10.30845/jbep.v6n3a1","url":null,"abstract":"Eco-innovation is a relatively recent construct in the literature of marketing, and is gaining more and more importance among researchers, academics and professionals who consider it as an important construct that generates the companies that have adopted and implemented more and better results business, including a higher level of business performance. However, most of the studies published in the current literature have focused on large international companies, and few studies have focused on the analysis of the relationship between eco-innovation and business performance in small companies. Therefore, using a sample of 300 small companies in the manufacturing industry, the essential objective of this empirical study is the analysis and discussion of the effects exerted by eco-innovation on the business performance of SMEs in the manufacturing industry. The results obtained show that eco-innovation has a significant positive effect on the level of business performance of SMEs in the manufacturing industry.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129392306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Skills Management: Successful Communication in Business Negotiations","authors":"Claudius Mandel","doi":"10.30845/jbep.v6n3a4","DOIUrl":"https://doi.org/10.30845/jbep.v6n3a4","url":null,"abstract":"Negotiations represent a formative element in professional life. The development and continuous expansion of practical negotiation skills is therefore an important task within the framework of individual competence development. From an interdisciplinary perspective, this article therefore focuses on the central elements of professional negotiation: analysis, strategies and tools in the context of communication. A good negotiation result is regularly characterized by the fact that the assertiveness of one's own interests goes hand in hand with empathy for the interests of the negotiating partner. In an interplay of integrative and distributive negotiation, value is jointly created and individually claimed. The more a negotiation result is based on objective decision-making principles and at the same time unfolds the power of a creative solution, the greater the chance of an agreement between the negotiating parties.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"276 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124036420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Food Waste: An Exploratory Study of the Stakeholders’ Perceptions","authors":"P. Leung, Jamie Lo","doi":"10.30845/jbep.v7n2a4","DOIUrl":"https://doi.org/10.30845/jbep.v7n2a4","url":null,"abstract":"The abstract should be 50-80 words (full paper: 80-120 words). Outline the aim of the study with a brief background to explain why it was needed, what was done, and the main findings. Avoid quotes and extensive references. Food waste has created pressure to the close-to-capacity landfills and created hygienic concerns. The current measures, both upstream reductions and downstream alternate utilizations together, faced with delimitations. This qualitative study aimed at revealing the perceptions and acceptance of the trade and dinners over food wastage control by interviewing key informants and identifying more effective measures. Findings indicated that there was critical misconception of waste control. Besides, cultural issues and custom norms have to be included in the planning and implementation of related strategies .","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115254945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Causation between Inflation and Currency Devaluation: The Case of Iran","authors":"Abbas P. Grammy, Najmeh Kamyabi","doi":"10.30845/JBEP.V6N1P1","DOIUrl":"https://doi.org/10.30845/JBEP.V6N1P1","url":null,"abstract":"In this paper, we demonstrate that the Iranian economy has experienced rapid and variable inflation and sharp and frequent currency devaluation. In addition, we detect correlation patterns between inflation and exchange rate by way of Granger-causality testing. We also identify a significant shift in both inflation and exchange rate time-series in 1980, right after theocracy replaced monarchy. Taking this structural shift into consideration, we detect no causal correlation patterns in the pre-revolution era. However, with inflation accelerating and currency devaluating, we discover that inflation Granger-causes exchanged rate and exchange rate Granger-causes inflation in the postrevolution period. We discuss that the key to breaking these correlation patterns is to increase the supply of foreign exchange from oil and non-oil exports in order to restore and stabilize the foreign exchange rate. To achieve this end, Iran must fully renovate its politico-economic system in order to lower political risk and brighten business climate.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115139301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Montserrat Díaz-Méndez, Luís Ceia, José Manuel García-Gallego
{"title":"Fostering the Economic Tourist Activity of Small Cities by Managing Retail Town Centre Image","authors":"Montserrat Díaz-Méndez, Luís Ceia, José Manuel García-Gallego","doi":"10.30845/jbep.v6n3a7","DOIUrl":"https://doi.org/10.30845/jbep.v6n3a7","url":null,"abstract":"This research aims to examine the relationship between the town centre retail and the town image. We study the influence the retail activity of a town centre may have on the town image. Particularly, we analyze the factors influencing town centre retail dynamics, how these factors relate to each other and how their variation can influence the image of the town centre. A theoretical model is proposed and tested through a case study applied to the Portuguese town of Viana do Castelo.","PeriodicalId":132871,"journal":{"name":"Journal of Business & Economic Policy","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114570032","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}