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"BUSINESS SUPPORT"
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Analytics the right way : a business leader's guide to putting data to productive use
Organizations have more data at their fingertips than ever, and their ability to put that data to productive use should be a key source of sustainable competitive advantage. Yet, business leaders looking to tap into a steady and manageable stream of 'actionable insights' often, instead, get blasted with a deluge of dashboards, chart-filled slide decks, and opaque machine learning jargon that leaves them asking, 'So what?' 'Analytics the Right Way' provides a clear and practical approach to putting analytics to productive use with a three-part framework that brings together the realities of the modern business environment.
BOOK
The platform business model selection of online ride-hailing giants based on the aggregation model
Pure self-management model, pure aggregation business model and Self-support + aggregation model are three commonly used business modes on ride-hailing platforms. We use an analytical model to study these three business models and give the optimal business model decision of the platform. The research shows that the heterogeneity ratio of drivers, the cost of the platform under the Self-support model, the franchise fee received by the platform under the aggregation model and the dissatisfaction of the original users on the platform play a key role in the selection of the platform’s business model. When the difference between the franchise fee under the aggregation mode and the platform cost under the Self-support mode fails to generate positive feedback on the platform profit, the platform should choose the pure Self-support mode. When riders are more sensitive to the heterogeneity of service quality of the platform and user stickiness can be ensured, the platform should choose the pure aggregation business model. When user stickiness can be guaranteed and the cost of the platform under the self-run model is controllable, the platform should choose the Self-support + aggregation business model.
Journal Article
Public SME grants and firm performance in European Union
Governments allocate financial resources to support small- and medium-sized enterprises (SMEs) through public subsidies and grants. However, do these public investments help supported firms to increase their performance and growth? We answer this question by conducting a systematic review of evidence in the European Union. We review studies investigating the effects of public grants on firm performance in the European Union’s 28 member countries that were published from 2000 on. We provide a structured overview of 30 studies covering 13 countries. Our review offers information on the methodological approaches, variables and findings of the previous studies. The summarized findings show mostly the positive outcomes of the grants on firm-survival, employment, tangible/fixed assets, sales/turnover, with mixed findings for labour productivity and total factor productivity (TFP). However, we point out that there are significant differences concerning the time period of analysis (investigating short-term vs long-termoutcomes), and importantly, the heterogeneity of effects concerning firm size and age, region, industry and intensity of support. Our study offers a series of recommendations for policymakers and researchers.
Journal Article
Entrepreneurial competencies, entrepreneurial orientation, entrepreneurial network, government business support and SMEs performance. The moderating role of the external environment
PurposeThe purpose of this study is to examine the moderating influence of the external environment on the relationship between entrepreneurial competencies, entrepreneurial orientation, entrepreneurial network, government business support and SMEs performance. The objectives of the study are achieved using the resource-based view and dynamic capability theory.Design/methodology/approachThe survey method of research was used by personally administering questionnaires to the respondents. Multistage sampling techniques are used in selecting 470 SMEs owners/managers that participated in the survey. SPSS 24 and PLS-SEM 3.0 were used in the analysis of the data.FindingsIn the Nigerian context, the findings indicated that EC, EO and GBS directly influence the SMEs performance. Surprisingly, SMEs performance is not influenced by EN. Similarly, EE significantly moderated the relationship between EC, GBS and SMEs performance. On the contrary, EE does not have any moderating influence on the relationship between EO, EN and SMEs performance.Research limitations/implicationsThe study is limited to northeastern Nigeria. The study is limited to the EC, EO, EN GBS EE and SMEs performance and the use of cross-sectional data. The findings imply that SMEs owners/managers need a high level of entrepreneurial competencies and government business support to achieve a better performance especially in an external environment that is characterised by dynamism, diversity, complexity and hostility. Hence, providing support for both RBV and DCT.Practical implicationsThus, the study offers additional empirical evidence from Nigeria and also expands knowledge and understanding in this field. The findings offer owners/managers, government agencies, financial institutions and other stakeholders of SMEs strategies EC, EO, GBS and EE to achieve a better SMEs performance.Originality/valueThe conceptual framework of the study is unique, and the study was conducted in northeastern Nigeria which is grossly underrepresented in the literature. It also provided understanding on the moderating influence of EE on the framework.
Journal Article
I won't leave even when performance is poor: Investigating the role of family support
This study used the stressor-strain-outcome framework as a theoretical foundation to propose and test a research model exploring why and when poor business performance leads to entrepreneurial exit intention. Analysis of time-lagged data from a survey of 336 Chinese entrepreneurs
supported our hypotheses. Specifically, emotional exhaustion mediated the relationship between poor performance and entrepreneurial exit intention, while family-to-business support mitigated the impact of emotional exhaustion on entrepreneurial exit intention. Additionally, the indirect effect
of poor performance on entrepreneurial exit intention through emotional exhaustion was significant when family-to-business support was low but not when it was high. Thus, while poor performance can induce exit intention by increasing emotional exhaustion, family support can mitigate this situation.
Theoretical and practical implications and future research directions are discussed.
Journal Article
When does market hostility curtail competitive performance through diminished entrepreneurial efforts? Buffering effects of women entrepreneurs’ family business support
This article investigates the mediating role of women entrepreneurs’ reluctance to adopt an entrepreneurial strategic posture in the negative relationship between their perceptions of market hostility and competitive performance. It also notes a potential buffering role of family business support. According to survey data collected among women entrepreneurs in Ireland, beliefs about unfriendly competitive environments undermine business success, because these entrepreneurs refrain from pursuing entrepreneurial business activities. This mediating role is less prominent for women entrepreneurs who can count on family members who help them with their business. For entrepreneurship stakeholders, this study specifies a key mechanism—namely, a preference for conservative instead of entrepreneurial strategic approaches—by which ruminations about adverse market conditions translate into strategic choices that undermine firm performance. Yet it offers some good news too, in showing that this harmful process can be subdued by the presence of adequate family support.Plain English SummarySelf-fulfilling prophecy: Fear about market-induced underperformance can undermine women entrepreneurs’ actual competitive performance, unless family support overturns the challenge. Two critical factors determine whether women entrepreneurs’ perceptions of threatening competitive markets compromise their business’ performance. First, they adopt conservative strategic approaches, such that their preoccupation with hostile markets ultimately diminishes their competitive success. Second, this detrimental process might not occur if women entrepreneurs can count on active support from their family. The key takeaway is that family support offers a critical benefit, by helping women entrepreneurs who are stressed by hostile markets become less complicit in hindering their firms’ performance even more.
Journal Article
The role of microfinance institutions on women’s entrepreneurship development
This study investigates the role of microfinance services on women's entrepreneurship development in Assosa town. The study employed both descriptive and explanatory designs and a quantitative research approach. The study targeted 352 women clients of Assosa Woreda Microfinance Institution, and 165 samples were selected using a simple random sampling technique. The data were collected through a questionnaire and analyzed through the statistical package for social science (SPSS) 26 software. The findings from the descriptive mean analysis indicate that the microfinance institution financial and non-financial services offered were found unable to significantly empower disadvantaged and poor women by improving their livelihood and development of their business. The correlation result also indicated a positive and significant association between saving practice, access to credit, skill development training, and the development of women entrepreneurs. Finally, the regression result saving and the credit or loan services of the microfinance institution service have the most decisive influence on women's entrepreneurship development.
Journal Article