Noah Silva, Cristóbal Fernández-Robin, Diego Yáñez, G. Romaní
{"title":"Influence of educational programs oriented toward entrepreneurship on the entrepreneurial intention of university students: the case of Chile","authors":"Noah Silva, Cristóbal Fernández-Robin, Diego Yáñez, G. Romaní","doi":"10.1108/ARLA-06-2020-0146","DOIUrl":"https://doi.org/10.1108/ARLA-06-2020-0146","url":null,"abstract":"PurposeThis study measures the influence of educational programs oriented toward entrepreneurship (POE) on the prediction of the entrepreneurial intention (EI) of university students, based on the theory of planned behaviour (TPB).Design/methodology/focusThe sample contains a total of 4,697 answers from university students, obtained through the 2018 Global University Entrepreneurial Spirit Students' Survey (GUESSS) project. A model of structural equations was used.FindingsThe results show that educational POE have an impact on EI, mediated by the perceived university environment (UE) and entrepreneurial skills (ES). In addition, it was confirmed that the variable that best explains EI is the attitude toward entrepreneurship (ATE), followed by perceived behavioral control (PBC); these two variables are able to mediate the effect of subjective norm (SN) on EI.Research limitations/implicationsThe study is limited to students in higher education. Additionally, the data used come from only one country.Practical implicationsEducational POE that are focused on providing and improving ES and knowledge must be promoted, given that they indirectly strengthen the EI of students in higher education.Originality/valueThe effect of educational POE, mediated by ES and the UE, on EI is measured.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"29 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84345045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Tatiana López, C. Alvarez, Izaias Martins, J. P. Pérez, Juan Pablo Románn-Calderón
{"title":"Students' perception of learning from entrepreneurship education programs and entrepreneurial intention in Latin America","authors":"Tatiana López, C. Alvarez, Izaias Martins, J. P. Pérez, Juan Pablo Románn-Calderón","doi":"10.1108/ARLA-07-2020-0169","DOIUrl":"https://doi.org/10.1108/ARLA-07-2020-0169","url":null,"abstract":"PurposeDrawing on entrepreneurship education and entrepreneurial intention literature, this paper develops and tests a model that aims to explain the relationship between students' perception of learning from entrepreneurship education programs (EEP), the theory of planned behavior and entrepreneurial intention across Latin American countries.Design/methodology/approachThis study uses data from the Global University Entrepreneurship Spirit Student’s Survey (GUESSS) project 2018 for 11 Latin American countries. Structural equation modeling is used to validate the theoretical model; this offers advantages over traditional multivariate techniques in evaluating measurement errors, estimation of latent variables and specification of models.FindingsThe main results suggest that a positive perception of learning from EEP is related to the antecedents of entrepreneurial intention. Moreover, attitude toward entrepreneurial behavior and perceived behavior control positively influences entrepreneurial intention across Latin American undergraduate students. The findings contribute to a better understanding of the role of EEP in terms of the antecedents of the intention and, in addition, provide evidence to the theory of planned behavior from a large sample in an emerging region.Originality/valueThe theory of planned behavior is one of the most important theoretical frameworks to explain entrepreneurial intention. However, in Latin American countries, quality research is hindered by the lack of data and valid measures. Therefore, the paper adds value by looking at the perception of learning from EEP and its relationship with the antecedents of intention. Likewise, it validates the dimensions of the theory of planned behavior and its relationship to entrepreneurial intention, considering a broad sample of university students in Latin America.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"1 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74661927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
F. Miranda, Jesús Pérez-Mayo, José Manuel García-Gallego, V. Valero-Amaro, Sergio Rubio
{"title":"An assessment of the determinants of licensing of university patents: a survey of Spanish universities","authors":"F. Miranda, Jesús Pérez-Mayo, José Manuel García-Gallego, V. Valero-Amaro, Sergio Rubio","doi":"10.1108/ARLA-07-2020-0162","DOIUrl":"https://doi.org/10.1108/ARLA-07-2020-0162","url":null,"abstract":"PurposeThis work tries to shed light on what factors can influence, positively or negatively, the decision to license a patent from a university, in order to offer some recommendations that can contribute to increasing the number of patents licensed from universities.Design/methodology/approachBased on a sample of researchers at Spanish universities who have already registered patents, this work shows that the individual factors of the researcher outweigh the institutional factors in determining the decision to patent an invention. Likewise, the probability of patenting an invention is higher when the researcher's level of participation in the process is greater.FindingsThe results of our study allow us to affirm that, in the Spanish university setting, individual factors play a more important role in one's decision to license a patent than institutional factors. In this sense, the collaboration of companies or experts from outside of academia in the research from which the patent was granted is the most relevant factor.Originality/valueThis work, the first study of this type to be carried out in Europe, concludes with a recommendation for reinforcing the structure and functionality of technology transfer offices as a basic policy for the promotion and facilitation of commercial exploitation of innovation in the universities.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"281 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77858508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
K. Diéguez-Santana, Giselle Rodríguez Rudi, Ana Julia Acevedo Urquiaga, E. Munoz, Neyfe Sablón-Cossío
{"title":"An assessment tool for the evaluation of circular economy implementation","authors":"K. Diéguez-Santana, Giselle Rodríguez Rudi, Ana Julia Acevedo Urquiaga, E. Munoz, Neyfe Sablón-Cossío","doi":"10.1108/ARLA-08-2020-0188","DOIUrl":"https://doi.org/10.1108/ARLA-08-2020-0188","url":null,"abstract":"PurposeIn this paper, the authors adopt the theory of the circular economy to study the transitions that take place in three case studies in Mexico and Ecuador. The work is aimed to systematize a circular economy assessment tool that fosters opportunities for improvement in business practices.Design/methodology/approachThe methodology is based on a descriptive quantitative analysis, where a checklist is made with 91 items and nine study variables. This is from the study of the bibliography and business practice. Furthermore, the neural network method is used in a case study to predict the level of circular economy and the importance of each variable according to the sensitivity by the Lek’s profile method.FindingsIt is based on a descriptive quantitative analysis, where a checklist with 91 items and nine study variables is made, defined from a bibliographic study and business practice. Furthermore, the neural network method is used in a case study to predict the level of circular economy and the importance of each variable based on sensitivity.Research limitations/implicationsThe application of the tool requires prior knowledge of the circular economy approach, which is why specialized personnel are needed for its application. This makes research more expensive in time and human resources.Practical implicationsThe practical and methodological contribution of this work lies in the feasibility of the tool that favors the definition of improvement actions for the implementation contribution to the circular economy in business practices.Social implicationsThe social contribution is framed in the gradual transition to circular economy approaches in underdeveloped countries.Originality/valueThe use of the neural network method to predict the level of circular economy in a case study allows making decisions in a predictive way. This encourages the development of the circular economy according to the context needs.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"50 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75043569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
J. L. Rivas, Jairo Villamil-Díaz, Albert A. Cannella
{"title":"Attracting CEO directors: the case of Latin America","authors":"J. L. Rivas, Jairo Villamil-Díaz, Albert A. Cannella","doi":"10.1108/ARLA-07-2020-0153","DOIUrl":"https://doi.org/10.1108/ARLA-07-2020-0153","url":null,"abstract":"PurposeTo understand if certain board traits can contribute to attract CEO directorsDesign/methodology/approachPanel data model with firm fixed effects of individual and firm level attributes from 450 public firms in Argentina, Brazil, Chile, Colombia, Mexico and PeruFindingsHigher levels of masters abroad, board ties, government experience and foreign members are all negatively related to the appointment of CEO directorsOriginality/valueThe use of non-performance outcome variable such as CEO experience in the family led emergent environment of Latin America","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"8 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-03-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81968706","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Lucía Garcés-Galdeano, Carmen García-Olaverri, E. Huerta
{"title":"Does one size fit all? CEO profiles and strategic management choices","authors":"Lucía Garcés-Galdeano, Carmen García-Olaverri, E. Huerta","doi":"10.1108/ARLA-04-2020-0075","DOIUrl":"https://doi.org/10.1108/ARLA-04-2020-0075","url":null,"abstract":"PurposeUpper echelons theory (UET) stands that cognitive bases of the CEO influence the field of vision and interpretation of the environment and affect its decisions about the firm. The main objective of the paper is to see if there are different CEO profiles, which can be associated with different strategic management choices.Design/Methodology/approachUsing a representative sample of 1,236 small firms in high- and medium-high-technology, both in industrial and service sectors, the authors identify five CEO typologies through cluster analysis. The classification is based on CEO's personal characteristics such as education, tenure in the company or entrepreneurial experience. Multivariate analysis is carried out to establish the possible association between belonging to these clusters and some strategic decisions such as orientation towards innovation, efficiency or internationalisation. The unit of analysis is the firm focusing on the CEO.FindingsThe authors conclude that it is possible to classify the CEOs of these companies into five well-differentiated groups, with specific profiles. We find a significant association between belonging to a CEO profile and strategic choices taken in the firm. Managers who have been CEOs in several companies and have some entrepreneurial experience frequently guide the company towards innovation and internationalisation. CEOs with a lot of experience but limited to a single company often look for process efficiency.Furthermore, it is observed that the belonging of these clusters is not evenly distributed in the group of companies analysed. Instead, depending on size and family / no family issues, the authors find a different presence of the CEO typologies.Originality/valueThe work provides relevant information in the field of small-, high- and medium-high-technology companies in relation to the profile of the CEO.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"90 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80703464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Sustainability engagement in Latin America firms and cost of equity","authors":"Renato Garzón- Jiménez, A. Zorio-Grima","doi":"10.1108/ARLA-05-2020-0117","DOIUrl":"https://doi.org/10.1108/ARLA-05-2020-0117","url":null,"abstract":"PurposeCorporate social responsibility (CSR) actions are expected to reduce information asymmetries and increase legitimacy among the stakeholders of the company, which consequently should have a positive impact on the financial conditions of the firm. Hence, the objective of this paper is to find empirical evidence on the negative relationship between sustainable behavior and the cost of equity, in the specific context of Latin America. To address this issue, some proxies and moderating variables for sustainability are used in our study.Design/methodology/approachThe regression model considers a sample with 252 publicly trading firms and 2,772 firm-year observations, from 2008 to 2018. The generalized method of moments is used to avoid endogeneity problems.FindingsThe study finds evidence that firms with higher environmental, social and governance activities disclosed by sustainability reports and assured by external providers decrease their cost of equity, especially if they are in an integrated market as MILA. This finding confirms that agency conflicts between firm's management and stakeholders diminish with higher CSR transparency, leading to a lower cost of capital.Originality/valueOur research is unique and valuable as, to our knowledge, it is the first study to analyze the impact of sustainable behavior and the cost of equity from companies operating in Latin America.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"9 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87626949","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Diana López Avilés, Paula Piñeira, Víctor Andrés Roco Cáceres, Felipe Vergara, Nicolas Araya
{"title":"Shadow banking's effects in the Chilean financial system","authors":"Diana López Avilés, Paula Piñeira, Víctor Andrés Roco Cáceres, Felipe Vergara, Nicolas Araya","doi":"10.1108/ARLA-08-2020-0189","DOIUrl":"https://doi.org/10.1108/ARLA-08-2020-0189","url":null,"abstract":"PurposeThe Financial Stability Board (FSB) determined that entities classified as shadow banking are of a credit nature because they are capable of affecting the financial system through the entry and exit of capital. This study aims at measuring the impact of shadow banking in the systemic risk in Chile. A sample of 91 institutions (Run) belonging to the mutual funds was used, with a series showing a continuous behaviour between 2004 and 2018.Design/methodology/approachThe measurement is carried out using the conditional value at risk (CoVaR) methodology, which analyses the behaviour of an institution in a regular state against the same institution in a state of stress.FindingsThe results obtained reflect that liquidity mismatches do not have a relevant effect on the systemic risk, while the 2008 crisis does contribute to its decline.Originality/valueThere are less number of literature studies that apply statistical models regarding shadow banking, at least at a quantitative level, so this research is a beginning for other studies, supporting future authors in their new research as a basis.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"1 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78357524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Differences in the impact of AMO bundles of line managers and frontline workers on the performance of manufacturing firms","authors":"Alberto Bayo‐Moriones, Alejandro Bello-Pindado","doi":"10.1108/ARLA-02-2020-0027","DOIUrl":"https://doi.org/10.1108/ARLA-02-2020-0027","url":null,"abstract":"PurposeThe purpose of this paper is to analyse the impact on manufacturing performance of human resource management (HRM) practices across two job levels within manufacturing firms in Argentina and Uruguay: that of line managers and frontline workers. HRM practices are categorised into three bundles defined by the AMO theoretical framework: ability, motivation and opportunity.Design/methodology/approachThe article uses data from a survey to 301 manufacturing plants in Uruguay and Argentina. Given the characteristics of the dependent variable, linear regression models have been estimated in order to test the hypotheses.FindingsThe results show that the ability and opportunity bundles for line managers are positively associated with manufacturing performance. However, only the motivation bundle affects manufacturing performance for frontline workers.Research limitations/implicationsThe main limitations are the use of cross-sectional data, the focus on two specific countries and the analysis of two employee categories that are not completely homogenous. The paper extends the contingency perspective in HRM by examining the relevance of job level as a contingent factor in the HRM-performance relationship in the manufacturing industry.Practical implicationsThe results suggest that manufacturing companies should target HR investments more towards line managers than to frontline employees. More specifically, they should concentrate efforts on the ability and opportunity bundles.Originality/valueThe article contributes to the very limited empirical evidence on the impact of HRM differentiation on firm performance by analysing sub-dimensions in a context not previously analysed.","PeriodicalId":45515,"journal":{"name":"Academia-Revista Latinoamericana De Administracion","volume":"12 1","pages":""},"PeriodicalIF":1.2,"publicationDate":"2021-01-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85320448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}