Migrant entrepreneurship is viewed as a pathway to substantive social integration, one that makes host countries more prosperous in the process. Accordingly, scholars have studied the social... Show moreMigrant entrepreneurship is viewed as a pathway to substantive social integration, one that makes host countries more prosperous in the process. Accordingly, scholars have studied the social context in which migrant entrepreneurs operate, and considered at length the range of policy options that governments can use to support their activities. Conversely, the issue of public attitudes to policies that support migrant entrepreneurship has been largely neglected. Leveraging the case of North Korean migrant entrepreneurs in South Korea, this article fills this gap in the literature by examining how the structure of government support within a broader “policy mix” for migrant entrepreneurship policies acts on public attitudes. Overall, it finds South Koreans are most supportive of migrant entrepreneurship policies endorsed and paid for by large companies through corporate taxation or loans to the individual, rather than the state, and which have a target goal of employment support for profitable migrant-run firms or joint ventures run by teams of natives and migrants. Notably, policies explicitly justified as tools to address discrimination actively discourage support. The specifics of the Korean case show that determinants of native hostility toward migrants apply to migrant entrepreneurship even when ethnic differences and many of the institutional barriers that apply in other cases do not exist, suggesting that ethnicity is not a major motivating factor; economic rationality and what is “good for South Korea” are. Show less
Innovation is often an object of study in economics and management. However, the social and behavioral aspects of innovation acceptance are as important as the economics of product development. A... Show moreInnovation is often an object of study in economics and management. However, the social and behavioral aspects of innovation acceptance are as important as the economics of product development. A significant portion of the literature considers innovation as a change in the way social actions are conducted, entailing a wide range of social, economic, behavioral, and institutional changes. Various approaches have given rise to the need for a typology. Sundbo (1998) divided innovation into three groups depending on the aspects of the phenomenon: theory of entrepreneurship, technological and social aspects, and strategic aspects. Adopting Sundbo's conceptual framework, this study supplemented and developed it based on recent literature that appeared after 1998. Moreover, this study added new directions at the second level of decomposition and the relationships between different aspects of innovation. In particular, this study analyzed phenomena such as open innovation, agile innovation, and “helix” models. Thus, this study developed a novel typology of innovation that expands the theoretical knowledge in this field. Based on these findings, this study proposed promising areas for future innovation studies. Show less
Worldwide, conflicts arise daily as a result of differences of opinion about the outcome of a business valuation and the role of valuation experts. These often lead to lengthy and costly lawsuits,... Show moreWorldwide, conflicts arise daily as a result of differences of opinion about the outcome of a business valuation and the role of valuation experts. These often lead to lengthy and costly lawsuits, the reasons for which are usually sought in technical issues. This thesis, however, focuses on the role of human behavior. More specifically, it examines the extent to which cognitive biases play a role in the assessment of business valuations and valuation experts.Four empirical studies were conducted with entrepreneurs, lawyers and valuation experts. The first three show that stakeholders can be affected by a range of biases, including buyer-seller position effects, anchoring bias, similarity bias, outcome bias, gender bias, and so-called engagement bias. The fourth study concerns a survey among an international group of leading valuation experts with the aim of verifying insights gained in the previous studies. A statement of principles to mitigate cognitive biases in valuation practice is also introduced.The thesis provides empirical insights into the existence of cognitive biases in the context of business valuation and thereby contributes to both practice and theory in this field. It also adds to legal theory with respect to improving our understanding of conflicts. Show less
Due to the conglomeration of media and publishing companies in the twentieth century (McCleery, 2007), the size of publishing companies has become more polarized, with a majority of small... Show moreDue to the conglomeration of media and publishing companies in the twentieth century (McCleery, 2007), the size of publishing companies has become more polarized, with a majority of small publishers comprising a small percent of revenue and market share compared to the few, but powerful, larger publishing houses (Publishers Association, ‘UK Book Publishing Industry in Statistics’ 2014). In economics, the polarizing principle asserts that ‘developments at one pole of the corporate/cultural spectrum are often counterbalanced by antithetical innovations at the other’ which has, in the publishing industry, led to ‘the emergence of tiny publishing houses’ at the other end of the spectrum in opposition to the conglomerates (Brown et al 2006). This article examines the distribution and disruption of power in the publishing industry by emphasising the role of the small press. Through interview data with small publishers in the United Kingdom, this article considers the power of the small press. Ultimately this article argues that small publishing companies disrupt the power of the conglomerates in the publishing industry by innovation—a characteristic of the entrepreneurially-oriented small firm. By using Johannessen’s six categories of newness (2001), this article illustrates the ways in which small publishers are using innovation to disrupt power in the book industry. Show less
Since the colonial era, Chinese businesses in Malaysia have adapted to economic and political changes by evolving from tin-mining and rubber cultivation to commodity production, banking and finance... Show moreSince the colonial era, Chinese businesses in Malaysia have adapted to economic and political changes by evolving from tin-mining and rubber cultivation to commodity production, banking and finance, construction and property development, and industrial and advanced technology manufacturing. Simultaneously, intra-ethnic and Chinese family businesses have evolved into inter-ethnic and plural enterprises in order to adapt to government policies that favour indigenous people. With the onslaught of globalisation, Chinese entrepreneurs have transformed anew, proving once again that Chinese entrepreneurship is not static but dynamic. Show less
Under the influence of increasing globalisation the creation and development of technology-based entrepreneurial firms is considered a prevalent means to fuel economic growth and prevent further... Show moreUnder the influence of increasing globalisation the creation and development of technology-based entrepreneurial firms is considered a prevalent means to fuel economic growth and prevent further unemployment, especially in Western European economies. This dissertation denotes the process of new venture growth employing a dynamic capabilities framework. In this context, dynamic capabilities are a company's ability to adapt its organisational setup when growing. The study comprises 44 new and high-growth ventures in the Munich region that are observed over a period of almost 6 years on average. Thus, the research design considers the longitudinal and dynamic character of the entrepreneurial growth process. The findings of this empirical research suggest that the evolution of dynamic capabilities plays a major role in the growth of technology-based new ventures. Firms that are not able to develop certain functional skills jeopardise initial performance. However, not all capabilities fuel organisational growth from the start. Thus, management teams should carefully prioritise to deploy their scarce resources effectively. Reflecting on the results of this study the sequence of capability evolution also has a significant impact on new venture performance. Companies following a "logical" sequence show higher growth rates than other new ventures in their early days. Show less
