Management:Journal of Sustainable Business and Management Solutions in Emerging Economies最新文献

{"title":"Book review of: Jáki, E., & Huszák, L. (2022). Quo vadis entrepreneurship education?","authors":"Endre Mihály Molnár","doi":"10.7595/management.fon.2022.0012","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0012","url":null,"abstract":"Book review of: Jáki, E., & Huszák, L. (2022). Quo vadis entrepreneurship education? Corvinus University of Budapest, Budapest: Hungary. ISBN | 978-963-503-909-8","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"107 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127668795","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":"Towards a Review of Key Success Factors in Technology Entrepreneurship","authors":"Nina Mihajlović, S. Marinković, Jovana Rakićević","doi":"10.7595/management.fon.2022.0007","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0007","url":null,"abstract":"Research Question: Through a systematic review of the relevant literature, this paper identifies and analyses key success factors in technology entrepreneurship and provides a novel classification and systematization of the factors. Also, it provides a prioritization of the selected factors by tech entrepreneurs. Motivation: The conditions of uncertainty and the dynamic environment in which one technological venture operates cause that only a small number of them succeed (Baron, 2000; Changsok et al., 2012; Tomy & Pardede, 2018; Chen et al., 2019). Comprehensive systematization of success factors is lacking in the professional literature. This paper contributes to the literature in this field by systematizing and prioritizing the key success factors in technological entrepreneurship, as a usable basis for further research and decision making. Idea: The core idea of this paper was to provide an overview of existing knowledge and a systematized basis for further research, but also for work in the practice of technological entrepreneurship, giving guidance to all stakeholders and decision makers, entrepreneurs, investors and policymakers. Data: The review was conducted using online repositories of scientific publications on technology entrepreneurship success factors published in the period from 1980 to 2021. In total, 661 articles were identified, while 45 articles met the selection criteria and represent the basis for further research of this paper. In order to determine the prioritization of the identified factors, empirical research was conducted among decision makers of technological entrepreneurial ventures. Tools: The research and review of the literature were conducted by structured keyword search of the Web of Science database, while the process of article selection was performed using the identified selection algorithm, based on two phases, which both included the selection criteria. For the purposes of empirical research, the Google form questionnaire was used for collecting the data on the prioritization of the factors by technology entrepreneurs. Findings: The factors that are key to the success of technology ventures are often complex in nature. 151 originally identified success factors from different authors were classed into 31 groups. Based on the identified groups, five large groups of factors were used for classification: \"characteristics of the founder/founding team\", \"environment\", \"technology and innovation\", \"organization\" and \"strategy\". As a result of empirical research, the factor “motivation” emerges as the most influential factor on a venture’s success, while the “size of the founding team” is identified as the least influential. Contribution: This paper extends the existing literature providing the systematization of key technology entrepreneurship success factors with the systematization of scientific publications as a basis for further research.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122544180","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":"Using Earned Value Management for More Sustainable Project Schedule Control","authors":"Goran Avlijaš","doi":"10.7595/management.fon.2022.0011","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0011","url":null,"abstract":"Research Question: The aim of this paper is to provide a state-of-science review and offer a critical analysis of contemporary schedule related Earned Value Management (EVM) approaches. Motivation: Since the introduction of the EVM as a tool for project control in the late 1960s, academics have tried to improve its best application. Although this method significantly contributed to efficient cost management, application of EVM to schedule management was falling behind. A significant effort has been made to improve its usability for project time management, which resulted in a dramatic evolution. The paper builds on existing literature and earlier studies, adding value with the inclusion of the cost-based and time-based approaches for assessing project schedule performance. Idea: The idea of this paper was to evaluate some of the most significant EVM schedule control methods and identify open issues. The main study hypothesis is that the most recent approaches provide a more reliable forecast and thus a solid ground for further improvements. Data: A case study in the form of a simplified project was used to illustrate how different contemporary approaches compare in terms of conceptualization, methodological issues, and theoretical underpinnings. Tools: A combination of statistical analysis and Monte Carlo simulation was used to evaluate the performance of different EVM approaches. Microsoft Excel was used for data processing, Microsoft Project and SATA software for data visualization, and Oracle Crystal Ball for Monte Carlo simulation. Findings: Quantitative analysis confirmed that the project-specific Earned Duration Management (EDM) and Earned Schedule (ES) approaches provide sustainable and more accurate results during the whole projects lifespan, while forecasts obtained by more traditional methods proved to be unreliable in the later stages of the project. While practical application generally lags after the growing theory, the latest literature paves the way to the integration of EVM and risk management making the contemporary EVM approaches stochastic and therefore more realistic. Contribution: The results of this study can be used as a basis for introducing advanced and generally more usable EVM models, which will improve the project schedule control.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122422726","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 influence of COVID-19 on production operations planning","authors":"Z. Rakićević, Ognjen Anđelić, G. Popović, Bojana Branković","doi":"10.7595/management.fon.2022.0008","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0008","url":null,"abstract":"Research Question: This paper investigates the impact of the COVID-19 pandemic on production operations planning. Motivation: Due to the prevalence of the coronavirus pandemic, a disturbance has occurred in the global production and supply chain systems. By disturbing transportation and distribution mechanisms, the COVID-19 pandemic has directly influenced value chain participants, which makes the planning process more difficult. The current crisis caused by the virus has revealed the fragility, vulnerability and low resilience of systems that were previously considered to be best practices in global value chains. Idea: The paper provides new ideas to researchers and practitioners in the field of operations management, that can improve business practices in the current business environment caused by the COVID-19 pandemic. Data: In order to identify problems and expose potential solutions, we conduct a contemporary literature review combined with interviews with experts from supply chain operations. Findings: Experts from supply chain practice, as well as scholars and researchers identified mostly the same issues in planning business operations, that occur as a result of the COVID-19 pandemic disruption. Contribution: This paper outlines the main issues and challenges that arise as a result of the pandemic. The paper also provides guidance to improvements in operations planning with the purpose to increase sustainability and resilience in future emergencies.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122665719","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":"Intellectual Capital and Bank Profitability: Evidence from Serbia","authors":"Isidora Ljumović, Jelena Minović, S. Stevanović","doi":"10.7595/management.fon.2022.0010","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0010","url":null,"abstract":"Research Question: This paper examines how investing in Intellectual Capital (IC) influences bank profitability measured by return on average assets and return on average equity. Motivation: IC is a source of non-physical (added) value for innovative companies in the knowledge-based economy. In finance and banking, efficient use of IC is critical since a bank's capacity to supply high-quality services is based on its investment in IC. As a result, our goal was to throw light on the components of IC and examine how they relate to the commercial bank's financial performance in Serbia. Idea: The main idea behind this paper is to assess the relationship between components of IC and bank profitability. We used the three most common components: Human Capital Efficiency (HCE), Capital Employed Efficiency (CEE), and Structural Capital Efficiency (SCE), as well as control variables such as banks' size and leverage. Data: We used a Bankscope data set that included 27 Serbian commercial banks from 2011 to 2019, with 212 observations. Tools: We used Breusch–Pagan Lagrange multiplier and the Pesaran test to examine cross-section dependence. Based on the test results, we used the system generalized method of moments (GMM) to assess the relationship between IC components and bank profitability. Findings: In Serbian banking industry, both HCE and CEE considerably impact bank profitability. However, we couldn't find evidence that SCE contributes to bank profitability. Contribution: This paper adds to the existing literature on the relationship between IC and bank profitability. However, it also includes a policy recommendation for bank executives as we discovered that investing in IC can positively influence bank profitability.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"85 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121974072","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":"Market Segmentation and Competitive Advantage in Nigerian Telecommunications","authors":"P. Ladipo, B. Dixon-Ogbechi, O. Akeke, Ismail Arebi, Olukunle Babarinde","doi":"10.7595/management.fon.2022.0002","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0002","url":null,"abstract":"The purpose of this study is to determine the effect of market segmentation on competitive advantage in the Nigerian telecommunications service sector in the Lagos state. Motivation: The Nigerian government's decision to liberalize the communication industry has increased rivalry among enterprises, implying that a market segmentation approach will improve both transaction flow and the quality of life. As a result, enterprises in the telecommunications sector must look beyond their financial capabilities and concentrate their efforts on developing a market positioning strategy that results in competitive advantage. Therefore, this study seeks to identify segmentation dimensions and their influence on competitive advantage and performance holistically: The focus was designed to establish the effect of factors of market segmentation such as measurability, accessibility, size, homogeneity, uniqueness and sustainability of a market segment on competitive advantage in the Nigerian telecom service industry. Data: A study of some selected telecommunications companies in the Lagos State, Nigeria, was adopted. Both purposive and accidental sampling was used to select a sample of 370 members of the population involved in the study using the Taro Yamane. Tools: Simple percentages and frequency tables were used as descriptive statistics, while Pearson correlation and Regression analysis were used for hypotheses testing. Findings: The study results indicate that measurability, accessibility, uniqueness, and size of a market segment are the most significant market segmentation variables that affect business competitive advantage in the Nigerian telecommunication industry. As such, to achieve competitive advantage through market segmentation, these variables must be well identified and strategically attained. Contribution: By comprehensively integrating and connecting the characteristics of market segmentation to competitive advantage, this study provides an understanding meaning to market segmentation based on the conceptual model. The study's implications for policymakers include that they should enhance these segmentation factors by incorporating additional characteristics outside of market segmentation to complement the market segmentation variables examined in this study in order to maintain competitiveness. Additionally, marketers may leverage customer relationship management (CRM) to create profitable market segments capable of recruiting new clients and lowering customer retention costs.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131641283","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 Influence of the Brand Personality Concept on Consumer Satisfaction and Loyalty","authors":"I. Marković, Biljana Rabasović, N. Stojanović","doi":"10.7595/management.fon.2022.0001","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0001","url":null,"abstract":"Research Question: The goal of this research is to describe how the concept of brand personality and its dimensions affect customer satisfaction and loyalty. Motivation: Creating brand personality is an efficient differentiation strategy, used by numerous companies for building and sustaining competitive advantage. Brands with personality are considered as real people and can be described using human characteristics. Therefore, consumers can establish connection with them more easily, which increases customer satisfaction and brand loyalty. Idea: The main idea of this paper was to empirically evaluate the relationship between the concept of brand personality and its dimensions and customer satisfaction and loyalty. Data: The information for this purpose was gathered through a survey that included 191 participants. Tools: Collected data were statistically analyzed using descriptive statistics, reliability and regression analyses in order to test the hypothesis. Findings: The results have proved that the brand personality plays a significant part in building satisfaction and loyalty. Furthermore, results indicate a significant positive relationship between all five brand personality dimensions and satisfaction on loyalty, with excitement and competency as dominant.  Contribution: This paper provides new insights significant for the Serbian-speaking audience and is genuinely useful since it stresses the importance of brand personification and its influence on success. Therefore, it can be used by brand managers to aid the process of establishing and sustaining strong brands.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124940231","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":"Key Success Factors of a Shopping Mall Project: Creditors Perspective in Serbia","authors":"Željko Spasenić, Dejan Petrović, Slađana Benković","doi":"10.7595/management.fon.2022.0006","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0006","url":null,"abstract":"Research question: The study researches the key success factors of a shopping mall project (SM) from the perspective of creditors in Serbia. Motivation: In Serbia, the retail landscape has seen a continuous increase in the number of SMs over the recent years. To support further development, project finance (PF) plays a significant role as an adequate financing structure for such projects. Idea: Existing knowledge highlights the importance of different factors for the sustainability of SM operation in the long run, describes their impact on project success, or offers potential solutions to a specific business problem. On the other hand, a question may be raised regarding the creditor’s ability to assess the quality of different investor decisions when deciding to finance a concrete project. Data: Research is based on the review of papers published in relevant international journals, while the presented case study is a real-life example from banks’ business practice. Relative significance of different factors from the creditors’ perspective was established and confirmed by means of a survey among bank professionals. Tools: Research findings are derived from a case study and simple empirical research conducted among bank professionals in Serbia. Findings: Results show that the most important elements of the project strategy which creditors consider relevant for project success in the long run are location and tenant mix. Contribution: Research results contribute to a better understanding between investors and creditors and may shorten the time needed for the credit approval process.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131135512","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":"An Expanded Bibliometric Study of Articles on Emerging Markets","authors":"Zorica Dodevska","doi":"10.7595/management.fon.2022.0003","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0003","url":null,"abstract":"Research Question: Bibliometric analysis of the literature on emerging markets aims to recognise the relationship between traditional metrics (i.e., citations) and alternative metrics (i.e., altmetrics) in this field. Motivation: This study is motivated by existing difficulties in measuring both the quality and societal effects of research papers. There are divided opinions among critics considering whether traditional metrics represent similar measures in comparison with altmetrics, or whether scientific and public attention are principally different categories. The study focuses on a specific field – emerging markets, considering that both opinions of scientists and the crowd are essential for driving appropriate societal changes. Understanding both metrics’ nature is crucial for their proper usage to support sustainable development efforts and link research project evaluation and financing in the field. Idea: The main idea is to examine the relationship between the number of citations and altmetric indicators and to determine the extent of overlapping individual papers/journals in the sample with the best ranking results in both categories. Data: The study uses data about articles on the topic of “emerging markets” exported from the Web of Science (WoS) database and expanded with altmetric indicators (either from providers Altmetric.com or PlumX, depending on the publisher). There are 3996 valid records collected during November 2019. Tools: This paper considers only altmetric indicators common to both providers. Analyses on the relationship of the number of citations and altmetric indicators (Pearson correlation and percentage of overlapping of top-ranked articles/journals) are performed across the entire sample or only considering selected records. Findings: Obtained results indicate that there is generally no significant relationship between observed metrics in circulation (except in the case of Mendeley). The same conclusion is reached by looking at 100 prominent individual papers in both categories in terms of overlapping, while the top 100 journals indicate a better overlap. The role of altmetrics is not to predict citation. Societal and academic impacts are rather different categories, and it is reasonable to consider the purpose of both metrics for initiating/enhancing development in emerging markets. Contribution: This expanded bibliometric study provides valuable information and orientation for researchers, journals, and academic institutions interested in emerging market growth, evaluation, and financially supporting related research projects.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123726081","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":"Book review of “Practical Decision Making: An Introduction to the Analytic Hierarchy Process (AHP) Using Super Decisions v2” by Enrique Mu and Milagros Pereyra-Royas (2017).","authors":"Violeta Cvetkoska","doi":"10.7595/management.fon.2022.0004","DOIUrl":"https://doi.org/10.7595/management.fon.2022.0004","url":null,"abstract":"Book review of “Practical Decision Making: An Introduction to the Analytic Hierarchy Process (AHP) Using Super Decisions v2” written by Enrique Mu and Milagros Pereyra-Royas (2017). Springer Nature. ISBN: 978-3-319-33860-6; ISBN: 978-3-319-33861-3 (eBook); DOI: 10.1007/978-3-319-33861-3.","PeriodicalId":429254,"journal":{"name":"Management:Journal of Sustainable Business and Management Solutions in Emerging Economies","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114424435","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}