The present article aims to examine a set of creativity-related concepts, dimensions, patterns, different ways and techniques of generating ideas, developing talents, funding opportunities as well as protecting intellectual property rights, and, in particular, how all these factors affect the economy and sustainable business. To continue, there is the importance of intercultural dialogue analysed while opening co-operation and partnership opportunities in various regions, mobility opportunities among artists as well as developing skills, creativity, innovations, and entrepreneurship. Entrepreneurship emerges as an important factor in a rapidly changing world of business and transforming creative ideas into a value-added. There is a significant number of university studies, creative businesses and/ or entrepreneurship programs tackled via presenting programs at universities, while the symbiosis 'Business-Arts' brings new colours to the image of creativity: investments in human resources, trainings, researches, lifelong learning and entrepreneurship open up new opportunities of merging arts and business and concentrating a wide range of artistic and business talents in one area (incubators and/ or clusters of arts) where arts and business complement each other. Thus, the research question: how does the creativity affect a sustainable business performance in Lithuania? A solid Global Entrepreneurship Monitor methodology and data mainly for the year of 2011 (including some newest trends for 2012) were used in order to light up the main problems and trends of enhancing the creativity in Lithuanian companies while creating a higher value-added and competitive advantage.
The literature on the role of intellectual capital on the development of an economy, industry or business is well established (
The purpose of the present publication is to measure the impacts of structural growth on the economic sustainability of listed companies. Scientific literature overview, secondary data analysis and semi-structured qualitative interviews were combined in order to examine the effects of structural growth. The research question is how structural changes of listed companies affect their sustainable growth. Scrutinizing various cases makes it possible to tackle the patterns of sustainable structural growth, based on a type of structural change. Many researchers (such as Huang and Kleiner 2004; Deal and Kennedy 1982 or Pritchett and Gilbreath 1996 and etc.) and business analysts (such as KPMG consulting company 1999) have not found a common answer what are the key success factors of structural growth. It is related to strategic targets, due diligence activities, expenses (the transactional decisionmaking phase) or integration planning, the organizational culture, assimilation or dissimilation (the integration phase). Franks and Harris (1989) emphasize the increase in shareholders' value as the main motive for structural changes. Boucher (1980) argues that the two most common reasons of structural changes are either attempts of taking opportunities present in the market, or increasing the growth. The present research, which combines the analysis of secondary data and semi-structured qualitative interviews, aims to verify various researchers' statements. Based on the scientific literature analysis, two conceptual models are designed and verified. This should serve as the background for the further examination of the role of structural changes on a sustainable companies' growth and new publications in the same series.
The purpose of the present study is to evaluate contributions of sustainable start-up ecosystems to the development and dynamics of start-up companies. To illustrate how the sustainability of start-up ecosystems affects the development trends of startup companies the case of Lithuania is analysed. Lithuania is chosen because of its experience of dynamically transforming its start-up ecosystem; the case is useful for both further scientific analysis of start-up ecosystems and application of the Lithuanian experience to other countries. Cooperation and networking among companies have been important research topics for many decades. In the second half of the 20 th century the network expansion evolved due to the development of social, economic, political and technological systems (Iansiti and Levien, 2004); however, companies faced new challenges in adapting to the rapidly changing environment, creating synergies from cooperation in ecosystems and sustainably strengthening their competitive advantage. In the early 1990s the term 'business ecosystem' was introduced into popular management parlance by James F. Moore (1993). Moore suggested an ecological approach to management, where modern business is viewed not only as a member of a single industry, but rather a part of a business ecosystem that crosses a variety of industries. The present research is centred on effects of this business ecosystem on the dynamics of start-ups. Given the multifactor and trans-disciplinary nature of start-up ecosystems, the triangulation method of combining the scientific literature overview, semi-structured qualitative interviews and quantitative survey method is chosen: the quantitative survey was designed to reveal the general profile of a start-up company and its' approach towards start-up ecosystems, while qualitative semi-structured expert interviews were conducted to acknowledge why and how start-up ecosystem influences the development of companies. The research question is how sustainability of start-up ecosystems affects the development patterns of start-up companies. This should help other countries such as Georgia, Moldova, Bulgaria or Romania to avoid of possible mistakes in enhancing their own start-up ecosystems.
The present article is focused on impacts of social capital on transformation from efficiency to innovation-driven business. Such aspects of social capital as social relations, usage of human capital in innovation processes, expertise in market analysis are often ignored by entrepreneurs. The research purpose is to analyse the relation between social capital and transformation from efficiency to innovation-driven business. Main aspects of this relation are revealed by interpreting findings of Global Entrepreneurship Monitor (GEM), which is to examine how different factors encourage economic development globally via entrepreneurship. Relying on a solid GEM methodology, which combines quantitative adult survey and qualitative expert interviews, various transformation problems of catching-up countries are analysed while paying a special attention to effects of social capital and illustrating them by the case of Lithuania. The role of human capital is measured by such factors as anticipated growth of headcount within respondents' firms; social relations refer to social image of entrepreneurs (as it is impossible to have a strong social image without good social relations with stakeholders), while information/ knowledge diffusion is analysed via such effects as a number of companies that deliver innovative products and/or services, a number of customers who appreciate and want to try innovative products and/or services as well as a number of expected competitors in the market (it is impossible to be innovative and competitive in the market without information/feedback collection system established).
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.