{"title":"Business Model Innovation and Micro and Small Enterprises’ Performance in Nigeria: Does Entrepreneurial Orientation Mediate?","authors":"Olaleye Dotun Faloye, Owoeye Idowu","doi":"10.26417/541jfi30n","DOIUrl":"https://doi.org/10.26417/541jfi30n","url":null,"abstract":"The critical role of business model innovation (BMI) in a firm's performance has earned increasing attention from scholars and management practitioners in recent years. However, empirical research on how BMI linked business performance is quite skimpy. This study examines the effect of BMI on micro and small enterprises (MSEs) and how entrepreneurship orientation (EO) mediates the relationship. A survey research design is used in this study. Data were obtained from 142 MSEs operating in Ondo State, Nigeria, purposively selected for this study. The results revealed that BMI (β = 0.630; ρ -0.01) had a positive and significant influence on the MSEs' performance. More so, this study found that EO (β = 0.716; ρ -0.01) is positively related to a firm's performance. This study finding revealed a positive and significant link between EO and BMI (β = 0.838; ρ = 0.000). Also, this study showed that EO mediates the relationship between BMI and a firm's performance (EO: β= 0.5740; BMI: β = 0.1281; ρ -0.05). Statistically, the study's findings also exhibited that out of the six constructs used to capture BMI, only two constructs, namely, market opportunities (β=0.193; ρ -0.01) and increment in revenue generation ((β=0.230; ρ -0.01), had positive and significant links with the firm's performance. This study concluded that MSEs in developing economies, especially in sub-Saharan African countries, should integrate BMI and EO activities into their operations to overcome the macerate performance that characterized the Covid 19 pandemic period.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115334578","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}
Diamantino Ribeiro, Natacha Jesus-Silva, J. Ribeiro
{"title":"The Multiplier Effect of European Union Funds in the Alentejo Region, Portugal, Between 2014-2020","authors":"Diamantino Ribeiro, Natacha Jesus-Silva, J. Ribeiro","doi":"10.26417/705hjr82j","DOIUrl":"https://doi.org/10.26417/705hjr82j","url":null,"abstract":"The Partnership Agreement established between the European Union and the Member States for the implementation of the European Structural and Investment Funds for the period 2014-2020 has come to an end. It is, therefore, important to understand what impact the Partnership Agreement had on public and private investments in the different Portuguese regions. Support for regional investment has allowed the construction or modernization of collective infrastructures, such as schools, promotion of cultural and natural heritage, investment in energy efficiency, investment in Information and Communication Technologies (ICT) for public services, develop research and development initiatives, as well as urban rehabilitation and mobility. This also includes investments of intermunicipal and business nature. This paper is part of an extended study that analyses the multiplier impact of the application of European Union funds in public and private investment in the 7 Portuguese regions: Porto and North of Portugal, Centro, Lisbon and Tagus Valley, Alentejo, Algarve, Azores and Madeira. In this article we analyse the multiplier impact of the investment of the European funds allocated to the Alentejo Region, in Portugal, under the H2020 Program until the month of March 2020.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122899515","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":"Challenges of Kosovo Micro Businesses","authors":"F. Krasniqi, Hysni Terziu","doi":"10.26417/537lud16v","DOIUrl":"https://doi.org/10.26417/537lud16v","url":null,"abstract":"The challenges that micro-businesses face during the lending process are numerous. Loans are with high-interest rates. There is a lack of loans with low-interest rates that would stimulate the growth of local businesses. On the one hand, the local business faces various trade barriers such as export in the regional market and EU countries, although Kosovo is a signatory to the CEFTA agreement. On the other hand, there is a lack of institutional support, which not only does not support the stimulation of exports but also within Kosovo makes the local business non-competitive about importers of goods. Interest rates are reduced to 2-3% on an annual basis. Increase the repayment period of loans (long-term loans) for capital investments. Allow the grace period at the beginning of the investment as well as have variable payments based on business income. Reduce bureaucracies when taking loans, reduce the demand for collateral by banks when taking loans. Reduce the business tax rate. Reduce unloyal competition and the informal economy that hurts local business. To stimulate start-up businesses, to support projects especially in the field of informatics. Start-up businesses are not so much supported by banks in Kosovo. Increase women's participation in business, through support, because they make up about 13% of businesses operating in Kosovo. It is intended that the participation of women in business will reach 50%. Make greater support of micro-businesses because these businesses can grow and develop and employ a large number of employees. Microbusinesses in Kosovo make up about 98% of enterprises in Kosovo. Establish a development bank that would support local business and create better facilities and conditions for foreign investors.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"52 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124771172","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":"Investigating the Relationship Between Total Quality Management and Primary School Academic Performance with Innovation as a Mediator Using SEM","authors":"Mohamed Alhosani, Kamarul Bahari Bin Yaakub","doi":"10.26417/513ccm78l","DOIUrl":"https://doi.org/10.26417/513ccm78l","url":null,"abstract":"<jats:p />","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"121 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132975182","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":"Human Capital and Production Structure: Evidence from Greece","authors":"Eleni Giouli, Pisinas Yorgos, Anna-Maria Kanzola","doi":"10.26417/800xnb85q","DOIUrl":"https://doi.org/10.26417/800xnb85q","url":null,"abstract":"The present paper offers a theoretical review of the concept of human capital and its component elements, namely Knowledge, Skills, Abilities and Working Activities, and attempts to sketch the requirements of the production structure in the Greek economy. In addition, the role is stressed of the educational model in Greece in positively affecting the changes underway under the simultaneous impact of the 4th industrial revolution and COVID-19.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126903619","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":"Characteristics of Strategic Subcontracting Relations of Industrial SMEs","authors":"Maria Vasilska","doi":"10.26417/324kps71i","DOIUrl":"https://doi.org/10.26417/324kps71i","url":null,"abstract":"The paper explores and analyses the activities of industrial small and medium-sized enterprises (SMEs), working as subcontractors, that have built sustainable relationships with at least one of their clients. It focuses on the importance of such dealings for SMEs that enables them to overcome their inherent weaknesses, to enhance competitiveness and to realize promising development. For that reason, subcontractors usually seek to build strategic partnerships with contractors. The paper reveals the main characteristics of the buyer-supplier relations that could be defined as strategic to the subcontracting SMEs, such as: to be sustainable over time, to provide access to key resources and innovations, to lead to acquisition of new competitive advantages and growth, etc. In addition, the paper presents some key traits of the relations that mark the existence of a mutual strategic partnership between subcontractors and their clients. The data and methods used in the paper include a study of literature sources, an investigation of available research findings, results of the author’s individual research and expert observations, as well as data from a collective research project.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"94 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117122591","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 Impact of Leadership Styles on Employees’ Commitment within Dubai Government Entities: Mediating Effects of Communication","authors":"Ali Raeesi, Norsamsinar Samsudin","doi":"10.26417/571fsb66t","DOIUrl":"https://doi.org/10.26417/571fsb66t","url":null,"abstract":"Employee commitment is the essential element especially for the government entities success where employees are not willing to perform and this situation motivates the research to examine employee commitment of the government entities in Dubai. Thus, this study investigated the relationship between leadership styles and employees’ commitment and communication among Dubai government entities. This study also assess the impact of communication on the relationship between leadership styles and employees’ commitment at the Dubai Immigration Department (DID). This study has followed the quantitative methods of data collection and also used the smart-PLS for analysis. The findings revealed that transformational and transactional styles have positive effects on employees’ commitment to DID. Findings also revealed that there is a significant relationship between transformational and transactional styles and communication. A positive effect is also discovered to exist between communication and employees’ commitment. Communication mediates transformational and transactional styles and employee commitment. The original contribution to knowledge is the mediating role communication plays in DID in relation to employees’ commitment. These findings helped to determine the appropriate recommendations for policy and practice in the UAE, as well as suggestions for future research.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114545924","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":"International Cooperation Combating Financial Proceeds of Crime","authors":"Silvana Lule","doi":"10.26417/327yrf22i","DOIUrl":"https://doi.org/10.26417/327yrf22i","url":null,"abstract":"The flow of illicit capital, into the financial circles of various states, is a serious threat to global security. To this end, an important part of the strategy to combat criminal proceeds is the coordination of work between states. Expanding investigative capacity across national borders is seen as an important factor in the success of the fight against crime. The exchange of information, between law enforcement agencies in different states, is one of the most effective policies for financial investigations aimed at tracking the proceeds of crime. This case, should be approciated in two aspects. On the one hand, it is necessary to adopt direct and at the same time joint interventions, to detect and monitor the movement of money or capital outside their borders. On the other hand, the conditions must be provided for an appropriate use of information and without hindering the movement of legal capital. The necessity of a common criminal policy, to deprive criminals of the proceeds of crime and the instruments for their commission, is clearly emphasized by international acts in this field. They encourage the widest possible cooperation between states for the purpose of investigating and prosecuting criminal assets.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"151 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123089876","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":"Facebook Commerce (F-Commerce) and French Women: A Gender Perspective","authors":"Maria Mercanti-Guérin","doi":"10.5281/ZENODO.5038102","DOIUrl":"https://doi.org/10.5281/ZENODO.5038102","url":null,"abstract":"The objective of this exploratory research is to investigate a mode of purchasing, social commerce and its main target, e-shoppers. Social commerce can take different forms: F-commerce, grouped purchases or discounts. Nevertheless, the best way to monetize social media remains the possibility to incite Internet users to promote the products or promotions obtained by their friends. Recommendations coming from friends are the main lever to create interactions between consumers, interactions centered on the purchase. However, many questions remain unanswered, especially regarding social acceptance and the real effectiveness of this type of promotion. In one study conducted on the \"La Redoute\" brand, we examined the extent to which our sample of women is likely to accept social shopping and, in particular, the product or service recommendations of their friends on their wall.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"121 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132540363","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":"Financial Management Role for NGOs","authors":"A. Mikeladze","doi":"10.26417/594yih63y","DOIUrl":"https://doi.org/10.26417/594yih63y","url":null,"abstract":"The main purpose of NGOs is to carry out public activities and not financial management - this is an idea that one may have often heard. However, as long as the NGO's finances and funds are unorganized, NGOs will not be able to achieve their goals with maximum effectiveness. For NGOs, the key importance of financial planning and management is determined by the achievement of organizational goals. They work on communities, suffer from a lack of staff, and this role is assigned to an employee who does not have a financial education and puts the successful operation of the organization at high risk. With limited funding, rational and planned cash management is important for the organization. The financial condition of any type of organization determines its future and long-term stability. Accordingly, NGOs should opt for sustainable use of finance. This means that NGOs have to spend today considering future expenses. Therefore, it is important to develop financial plans and their further implementation in order to maintain sustainability. Most NGOs rely on external funding and therefore having a proper financial management system is quite important. The NGO is accountable to donors and those who support the organization. An NGO with a sound financial management system is able to track its own expenses, plan future expenses, and submit timely financial statements to the donor upon request, which will help strengthen the organization's trust and long-term support. All NGOs are guided by pre-defined policies and procedures that are based on the overall goals of the organization. Each decision made by the competent authority is aimed at the successful achievement of the goals and objectives. Without organizing finances, it will be difficult for both the individual employee and the organization as a whole to achieve the set goal. We cannot ignore the fact that some NGOs are characterized by illegal activities such as excessive use of resources, fraud, theft, etc. With full financial planning, coordination and control, the issues mentioned above can be easily addressed. Through sound financial management, NGOs can make effective decisions on resource allocation, fundraising and mobilization. Financial management is a set of skills and approaches that can be changed from time to time. With financial management, NGOs improve their profile, which enhances donor trust. With well-defined financial plan and policy frameworks, NGOs also gain a good reputation in the community. Most NGOs operate on their own funds, and well-organized financial management facilitates fundraising. Information on available finances, in turn, makes it possible to determine the exact amount of money that needs to be accumulated.","PeriodicalId":448769,"journal":{"name":"European Journal of Economics and Business Studies","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-04-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129092590","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}