Entrepreneurial Strategy Stimulating Value Creation: Conceptual Findings and Some Empirical Tests

Dyduch, Wojciech

doi:10.15678/eber.2019.070304

Cited by 19 publications

(19 citation statements)

References 26 publications

(20 reference statements)

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“…The scientific literature mentions a wide range of environmental factors potentially influencing the performance of SMEs. An increased attention is paid to a stable size of the business (Vekic, 2020;Belas et al, 2020;Gupta, 2016;Virglerová et al, 2017;Kotaskova, Rozsa, 2018;Dyduch, 2019), business staff and human resources practices, sales networks, products, processes, marketing innovations, as well as the sustainable management (Kotulic et al, 2017;Lazikova et al, 2018;Tingvall, 2018;Durda & Kljucnikov, 2019). Exports, market orientation and planning flexibility have been identified as priorities in SME studies in terms of transformation into efficient economic units (Sheehan, 2013;Bencikova, Mala, Minarova, 2013;Wallsten, 2000;Jašková, 2019;Dvorský, et al 2019).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Measuring efficiency by using selected determinants in regional SMEs

Mura¹,

Hajduová²

2021

JESI

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In comparison to other EU countries, Slovakia is characterized by increased business activity and the highest representation of micro-enterprises in the business sector. In the years 2017/2018 -, up to 75% of companies in the SME segment conducted business activity in the field of industry, accommodation, trade, transport and construction. The collected data clearly indicates a growing trend in providing accommodation services, business and information services, business and brokerage services. The main objective of the study is to assess the sectorial structure of SMEs and managerial determinants of their efficiency. The research sample of the enterprises has shown that even these methods can better warn against bankruptcy by predicting whether business will or will not be sustainable. In comparison to EU-28, Slovakia has a significantly higher representation of industry and civil engineering in the sectoral structure of SMEs, while the service sector is under-represented. We conducted a research focusing on our defined area of business in the SME segment. The evaluation of efficiency is most often performed by ratios, which are based on current financial statements of companies. The disadvantage of these measurements is the focus on a certain quantified range of parameters that do not significantly affect the overall efficiency of the unit. Based on the DEA methodology, a selected segment of services in individual regions of Slovakia was analysed in details. The SME sector in individual regions of Slovakia is showing differences. This work presents the results of the clearly defined efficiency of business entities. The main part of this work is about the exact determination of factors that need to be changed in order the specified entity shows signs of efficient management

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Section: Theoretical Backgroundmentioning

confidence: 99%

Measuring efficiency by using selected determinants in regional SMEs

Mura¹,

Hajduová²

2021

JESI

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“…It is understood as an impact on the course and management of the research process using pilot studies and case studies. The last factor identified is the need for the triangulation and universalism of the conducted research (18,19). This requirement has been partially enforced by the continuous improvement of management and quality sciences; however, a failure to meet it does not always translate into an authentic solution to the research problem.…”

Section: Figure 3 Determinants Of the Research Processmentioning

confidence: 99%

Leadership in the Research: Determinants of Quality, Standards and Best Practices

Dźwigoł

2021

BEL

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One of the obligatory elements of any scientific research is a methodical toolkit, the diversity of which determines the reliability of the obtained results and ability to solve the tasks set in the work. The purpose of the article is to identify the factors defining the scientific research process and affect the quality of the results. The methodological tools of the study include questionnaires and factor analysis (Bartlett’s test for sphericity, KMO test (Kaiser-Meyer-Olkin sampling adequacy measure), and MSA test (sampling adequacy measure)). The object of research is 401 scientists and 196 practitioners in the field of management and quality sciences. The questionnaire for practitioners consisted of four parts. The first part includes general issues about the research process, methods and techniques used in it; the second deals with the importance of using methods and techniques in the scientific research in the field of management and quality sciences; the third – provides questions on improving the quality of research; the fourth is demographic. The questionnaire for scientists consists of three parts. The first part addresses the importance of approaches, processes, methods and techniques in research in the field of management and quality sciences; the second – includes questions on improving the research process; the third is demographic. The results are summarized on a five-point Likert scale. Based on the generalization of practitioners’ answers, the main factor of scientific research is the “concept of the research methodology model”, defined as a measure of the scientific research process effectiveness. The results of the analysis help conclude the need to develop new research methods that can increase its effectiveness by managing, planning, organizing and verifying the research process in the field of management and quality sciences. The factors determining the research process and affecting its quality include constant changes in the market. It necessitates the use of various research methods that can form a holistic basis for empirical analysis. The research process quality means checking the degree of implementation and consistency of the objectives in the article with the research problem and the conclusions in it. For the effective functioning of the research process, it is proposed to develop an “algorithm of behavior” of the researcher, which will (after determining the appropriate gap between research methods and features of the research problem) ensure their coordination and increase the added value of the results.

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“…Research and development cooperation is important in business groups, which is very often seen as a component of operational cooperation. However, this study describes separately as it is very important in many industries and organizations (Dyduch 2019;Karbowski and Prokop 2019;Ferraris, Bogers, and Bresciani, 2020). Cooperation in R&D in a business group refers to knowledge sharing on product and process innovation, and it aims to improve each other's competitive advantage in markets and benefit from economies of scope for their operations (Luo, 2005).…”

Section: Cooperation In Research and Developmentmentioning

confidence: 99%

How Firms Cooperate in Business Groups? Evidence from Poland

Mierzejewska¹,

Dziurski²

2021

CEMJ

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Purpose: The study aims to identify the main directions of intragroup cooperation, along with crucial areas of cooperation in business groups, and develops theoretical models of cooperation in a business group. Methodology: The qualitative approach is applied in the study that is based on the cross-case analysis of four business groups operating in Poland. Findings: Results indicate that business groups cooperate mainly vertically (cooperation between the core company and affiliates) in operations. Horizontal (among affiliates) and vertical cooperation in other areas – marketing, R&D, finance, and human resources – are not so intense. The study enables us to propose a theoretical framework of cooperation models in business groups based on two dimensions – the direction of cooperation and the number of cooperation areas. It leads to the identification of four models: two-sided loose cooperation, two-sided tight cooperation, multi-sided loose cooperation, and multi-sided tight cooperation. Implications: Identification of main directions of cooperation in business groups, along with areas of cooperation have implications for both researchers and managers. Findings of the study and the theoretical framework of cooperation models in business groups can be used as a basis for the further theoretical exploration of the organization and functioning of business groups in the economy and a strategic decision guideline for managers. Originality: The literature focuses mainly on the interorganizational cooperation between dispersedly owned standalone entities. Studies on intraorganizational cooperation in business groups are limited. The study aims to provide a better understanding of cooperation between entities in business groups.

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Entrepreneurial Strategy Stimulating Value Creation: Conceptual Findings and Some Empirical Tests

Cited by 19 publications

References 26 publications

Measuring efficiency by using selected determinants in regional SMEs

Measuring efficiency by using selected determinants in regional SMEs

Leadership in the Research: Determinants of Quality, Standards and Best Practices

How Firms Cooperate in Business Groups? Evidence from Poland

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