{"title":"Methods of Start-up Project Development Within the Cooperative Resource Model","authors":"V. Terziev, V. Klimuk","doi":"10.2139/ssrn.3939719","DOIUrl":"https://doi.org/10.2139/ssrn.3939719","url":null,"abstract":"This article defines the importance of application of the cooperative resource model in the process of innovation implementation. It provides an algorithm for the development of innovative start-ups. The research describes the basic techniques for innovative ideas generation, basic models for innovation project development: Osterwalder business model, logical framework approach, as well as the “envelope” model designed by Klimuk V.V..","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"44 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122642604","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":"Reshaping Capitalism for a Sustainable World","authors":"S. Turnbull","doi":"10.2139/ssrn.3870859","DOIUrl":"https://doi.org/10.2139/ssrn.3870859","url":null,"abstract":"A vision for reshaping capitalism for a sustainable world was implicit in the 2018 statement by BlackRock, the biggest investor in the world, wanting, “A new model for corporate governance” and that “companies must benefit all their stakeholders”. The idea of firms delivering benefits to all stakeholders was reinforced in 2019 by 180 other CEOs of the US Business Roundtable who had BlackRock as a shareholder. Corporations who delivered benefits for all stakeholders become what Ostrom describes as Common Pool Resource (CPR). Ostrom described how competing interest for shared life sustaining resources could become self-regulating by adopting a polycentric form of governance. Polycentric governance is illustrated by the bottom-up stakeholder-governed firms in the US, UK and Europe and also in sporting and civic organisations including two designed by the author. These examples are used, with the insights of system science, to reformat the Ostrom design principles for incorporated organisations. Self-funding tax incentives and other rewards are suggested to encourage corporations to introduce self-governance to best suit their specific operations while maintaining shareholder primacy. This new way to govern corporations reshapes and spreads both capitalism and democracy by providing citizens with benefits and voice from the bottom-up. These can provide contributions to a universal wellbeing income while enriching the quality of democracy. In addition, the size, cost and involvement of government can be reduced while enhancing the protection and promotion of a sustainable world.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"139 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128915504","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":"Fitness and Propriety Assessment to Ensure Financial Firms Have Good People Doing Right Things during Perilous Times","authors":"Nishadi Thennakoon","doi":"10.2139/ssrn.3741436","DOIUrl":"https://doi.org/10.2139/ssrn.3741436","url":null,"abstract":"The COVID-19 pandemic has compelled financial institutions to be a significant part of the solution rather than being a part of the problem as happened during the previous financial turmoil. Allocating capital to the real economy to keep businesses and livelihoods of individuals afloat till they reach a safe shore is a key role expected from financial entities at this critical juncture. They are also required to devise innovative business strategies to provide seamless services to customers using technological infrastructures during this extremely challenging period. This is a time financial institution are expected to revisit their institutional purposes. This is a time financial systemic resilience and market integrity need to be safeguarded by the players in the system without frequent directions from regulators. The pandemic has taught us that businesses, individuals, financial entities, economy, society and environment are closely interconnected elements of a one large fabric. Therefore, every stakeholder needs to understand the mutually reinforcing possibilities for each other.In the context of rapidly evolving challenges, imposing regulations applicable to every transaction, every market innovation and every business scenario will have practical difficulties. This will increase the regulatory burden and the pressure to promote a culture of compliance with the letter of law on the part of financial institutions. Eventually, taking business decisions during crisis periods in compliance with applicable rules and regulations will be in the hands of Boards of Directors (BODs) and Key Management Personnel (KMP) of such institutions. Their fitness and propriety to hold such positions should, therefore, be a foremost requirement which needs to be emphasized in any given circumstance. It assumes even greater importance in times of crisis. No amount of regulations will ensure that public deposits are safe unless the decisions pertaining to management of such money are taken by individuals who are honest, well-qualified and experienced acting with integrity. It is not only robust systems and procedures but also the quality and competence of individuals that have a huge impact on effective governance in financial firms. This article sheds light on the significance of efficient enforcement of regulations applicable to fitness and propriety of BODs and KMP of financial institutions in order to have robust risk governance structures during a crisis like the COVID-19 outbreak.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123990536","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":"Financing Environmental and Energy Transitions for Regions and Cities: Creating Local Solutions for Global Challenges","authors":"D. Schoenmaker, Willem Schramade","doi":"10.2139/ssrn.3599981","DOIUrl":"https://doi.org/10.2139/ssrn.3599981","url":null,"abstract":"To meet the Paris climate goals, we need serious environmental and energy transitions. Financing those transitions will require both the financial and the public sector to transcend business-as-usual and take on new roles and structures in this system change. Current financial practice lacks the structures to deal with local initiatives, and has a narrow focus on financial return calculations. For their part, subnational governments often lack the knowledge to take that role. This gap can be filled by adopting investment criteria based on integrated value, by educating students and practitioners on transitions and systems thinking, and by creating new structures that are adapted to local conditions, with active roles for city and regional governments.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115748467","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}
Anthony Tapiwa Mazikana, Tsitsi Peku, O. Sifile, Rangarirai Mudziso
{"title":"The Nexus Between Educated Youth Unemployment and Youth’s Capacity to Contribute Towards Wealth Creation in Zimbabwe","authors":"Anthony Tapiwa Mazikana, Tsitsi Peku, O. Sifile, Rangarirai Mudziso","doi":"10.2139/ssrn.3411663","DOIUrl":"https://doi.org/10.2139/ssrn.3411663","url":null,"abstract":"This study was motivated by various literature and studies which agree that Zimbabwe’s unemployment has increased up to 95% and it is viewed as the highest in the world. It was most worrying from the statistics that most of those who make up the 95% are educated youths aged between 15 and 35 years. Given that the youths are the future of every country and given that government was pouring a lot of resources running into millions every year in producing educated youths by building schools, paying teachers, buying teaching and learning materials, such resources go to waste if the educated youths do not contribute to economic development. This research reviewed the nexus between educated youth unemployment and youth’s capacity to contribute towards wealth creation in Zimbabwe with specific reference to Chinhoyi Urban where most educated youths roam the streets. The study sought to find out the effects of educated youth unemployment in Zimbabwe and suggested innovative survival skills for educated youths to be entrepreneurs. This study adopted both the positivist and interpretivist paradigms as it was both quantitative (descriptive), and the qualitative (exploratory) The study adopted pragmatism as a research philosophy. From a population of 34,044 unemployed youths, a sample size of 100 was drawn. It was the finding of this study that Zimbabwe’s educated youths have the requisite skill and capabilities required to create wealth within the economy of Zimbabwe if they get access to capital and required start-up resources. The study recommended that entrepreneurship should be promoted from a tender age in the education system because entrepreneurship is not yet mainstreamed into the curriculum of some of the higher and tertiary institutions in Zimbabwe.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116499765","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":"IP-Bits in Letters 26 December 2018 Self-Correcting Fragmentation in Economics and State Governance (Presentation Slides)","authors":"O. Butriy","doi":"10.2139/ssrn.3306824","DOIUrl":"https://doi.org/10.2139/ssrn.3306824","url":null,"abstract":"In economics or political life, we often encounter the phenomenon of domination. A dominating position of the company on the market manifests itself via the ability to prevent effective competition between the market players. In politics, the domination of certain political entities has power to limit effective political choice for members of the society.<br><br>This article will argue that a natural and self-correcting mechanism for dealing with domination is a fragmentation of economic and political resources.<br><br>A fragmentation of economic and political resources might become a mechanism to regulate the cooperation agreements which are difficult to implement or enforce in practice.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129408489","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}
Bruce Mwiya, Yong Wang, Bernadette Kaulungombe, Maidah Kayekesi
{"title":"Exploring Entrepreneurial Intention's Mediating Role in the Relationship between Self-Efficacy and Nascent Behaviour: Evidence from Zambia, Africa","authors":"Bruce Mwiya, Yong Wang, Bernadette Kaulungombe, Maidah Kayekesi","doi":"10.1108/JSBED-03-2017-0083","DOIUrl":"https://doi.org/10.1108/JSBED-03-2017-0083","url":null,"abstract":"PurposeThe purpose of this paper is to examine the mediating role of entrepreneurial intention (EI) in relation to the influence of the five dimensions of entrepreneurial self-efficacy (ESE) on nascent behaviour.Design/methodology/approachThe study relies on a quantitative approach where primary data were collected from 294 final year undergraduate students at a public university in Zambia. The data were examined by using correlation, logistic regression and mediation analyses.FindingsThe findings indicate that each of the five dimensions of ESE is positively and significantly related with EI. Additionally, each of the ESE dimensions, except the financial aspect, is positively correlated with nascent behaviour. Finally, the results show that the influence of ESE dimensions on nascent behaviour is significantly mediated by intention.Research limitations/implicationsThe study took place in a public university in Zambia; more universities could be involved to improve the generalisability of the study conclusions.Practical implicationsThe study shows that the five ESE dimensions positively influence not only business start-up intention but also nascent behaviour. To motivate graduates’ involvement in business start-up, there is a need to tailor training and practical pedagogical approaches on entrepreneurship that are focussed on developing the five ESE dimensions.Originality/valueThis paper extends an emerging body of knowledge which has not been fully investigated in terms of the mediating role of intention on the relationships between dimensions of ESE and nascent behaviour. The study also makes a valuable contribution to the under-researched context of Zambia and African entrepreneurship.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125619114","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":"Garage to the Boardroom - A Myth or Reality","authors":"Dr. Ashok Chopra","doi":"10.2139/ssrn.3073471","DOIUrl":"https://doi.org/10.2139/ssrn.3073471","url":null,"abstract":"Silicon Valley began with a garage (or so the story goes). In a small garage in Palo Alto, California, in 1938-1939, William Hewlett and David Packard experimented with numerous electronic devices, including a prototype for an audio oscillator. That oscillator eventually enabled the pair of entrepreneurs to launch Hewlett-Packard (HP), one of the largest high-tech companies in the world today. Over the next 50 years, numerous technology companies—including Apple, Cisco, and Intel—would be founded in Silicon Valley, the world’s foremost high-tech region. In 1989, the garage at 367 Addison Avenue was designated California Historic Landmark Number 976 and a sign board declaring “Birthplace of Silicon Valley” was placed at the front of the garage. The HP garage is the most celebrated example of a popular belief in the United States—that it is common for entrepreneurs to start companies in garages. Indeed, U.S. and other countries business history offers numerous stories of successful entrepreneurs (e.g., Walt Disney, Steve Jobs) whose garages served as early workshops for the products and services that eventually launched prominent U.S. businesses. However, the garage signifies more than just a commonly perceived locus of entrepreneurship. Rather it is a symbol that invokes up some common images of entrepreneurship, including the stimulating generation of innovative ideas, old-fashioned hard work and boot strapping resources to chase a dream, a rejection of the status quo, and the freedom of working for oneself. This article explores the authenticities of the entrepreneurial garage by addressing two main questions. First, myth about garage belief & its accuracy? Secondly, why is the garage belief prevalent and why does it continues?","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"496 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133953817","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":"Entrepreneurial Universities – Towards a Revised Paradigm","authors":"D. Meissner","doi":"10.2139/ssrn.3013084","DOIUrl":"https://doi.org/10.2139/ssrn.3013084","url":null,"abstract":"This article provides a comprehensive review of the entrepreneurial university concept and its place and role in the triple helix of university, industry, and government. This is increasingly important because stakeholders’ expectations towards universities are growing; this growth in turn leads to increased pressure on universities to move beyond their traditional roles and models towards taking responsibility for economic development, large scale basic education and targeted further education and the development of value from research. These expectations provide opportunities for universities, but impose threats on the existing models and practices. It further elaborates on implications for university management, departments, faculty members and supporting organizations. Moreover it reflects on the meaning of the entrepreneurial university for stakeholders, i.e., university boards, regional and national policy and administrative bodies, funding agencies, the business community, university ranking institutions and the global university community overall. Recent literature on entrepreneurial universities is incomplete and mostly focused on the commercialization of research, technology transfer and the third mission of universities. The article expands the predominant thinking about entrepreneurial universities and gives a broader structured definition. Eventually the article shows the need for STI policy to intervene and measures for developing entrepreneurial universities further.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134237903","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":"Block-by-Block: Leveraging the Power of Blockchain Technology to Build Trust and Promote Cyber Peace","authors":"Scott J. Shackelford, Steven Myers","doi":"10.2139/ssrn.2874090","DOIUrl":"https://doi.org/10.2139/ssrn.2874090","url":null,"abstract":"There has been increasing interest in the transformative power of not only crypto-currencies like Bitcoin, but also the technology underlying them—namely blockchain. To the uninitiated, a blockchain is a sophisticated, distributed online ledger that has the potential, according to Goldman Sachs, to “change ‘everything.’” From making businesses more efficient to recording property deeds to engendering the growth of ‘smart’ contracts, blockchain technology is now being investigated by a huge range of organizations and is attracting billions in venture funding. Even the U.S. Defense Advanced Research Projects Agency (DARPA) is investigating blockchain technology to “create an unhackable messaging system.” However, the legal literature has largely ignored the rise of blockchain technology outside of its finance, securities, and copyright implications. This Article seeks to address this omission by analyzing the potential impact of blockchain technology on advancing the cybersecurity of firms across an array of sectors and industries with a particular focus on certificate authorities and the critical infrastructure context. Moreover, we examine the rise of blockchains through the lens of the literature on polycentric governance to ascertain what lessons this research holds to build trust in distributed systems and ultimately promote cyber peace.","PeriodicalId":399346,"journal":{"name":"ERPN: Organizations (Topic)","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121219244","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}