Frequency: Quarterly E- ISSN: 2250-0146 P- ISSN: 2249-0914 Abstracted/ Indexed in: Ulrich's International Periodical Directory, Google Scholar, SCIRUS, Genamics JournalSeek, JOURNAL directory, getCITED, EBSCO Information Services
Quarterly published in print and online "Inventi Impact: Start-Ups" publishes high quality unpublished as well as high impact pre-published research and reviews catering to the needs of researchers and professionals. This journal deals with all the aspects related to new businesses with particular emphasis on government policies on entrepreneurship, entrepreneurship in ethnic enclaves, self-employment among immigrants, entrepreneurship among minority groups, indigenous entrepreneurs, women entrepreneurs, entrepreneurship in developing countries, entrepreneurship and ethics, and corporate intrapreneurship.
Chinese market is relative new for fast food chains. In this article, we will explore the competition between the McDonald’s and KFC. We will review two papers, each one focusing on one different aspect of the competition mode we are studying. For the Mayer’s model, we can apply the profit’s concept into our Hotelling model. For the electoral vote model, we can incorporate the concept of market share. We will try to quantify the variables involved in the real world fast food market. We will assume an imaginary line of positions for the firms to choose. Then, in the section of Theoretical Nash Equilibrium, we will try to solve the strategic setting and apply the principles further in the extensions. Finally we will find empirical evidence, which conforms perfectly to our propositions. To sum up, we propose that KFC and McDonald’s clustering at the center are of reason, generating maximum profit and market share, creating a stable Nash Equilibrium....
It is clear to any objective observer that in the coming decades ââ?¬â?? likely by the year 2050 ââ?¬â?? the use of hydrogen for\nenergy will be a central global phenomenon ââ?¬â?? facts on the ground demand it, facts under the ground demand it and\nconsumers demand it (the latter being the most important). When a Business Model is driven by consumer demand, the\nproducts, as well as the model, must be as responsive as those consumers expect.\nHydrogen will be increasingly needed for automobiles, and this is probably the largest application in terms of quantity\nof gas used, but it is also sorely needed for many other applications; industrial but not only large-scale industrial (the\ncoming decades will also see a large increase in individual manufacturing via printing technologies, as well as greater\nemphasis on nanotechnologies, and hydrogen is also very important to both of those).\nHowever, there are two impediments which must be addressed: scaling up and Green Hydrogen (or at least,\nsignificantly ââ?¬Å?greenerââ?¬Â) both of those terms are described below.\nThis article addresses these two central issues, as well as other less central, issues needed to support that effort.\nThe project herein described is an actual project (not theoretical) in process of being built. Caveat: Specific Product\nnames are not used to prevent ethical violations....
This paper presents an integrated fuzzy approach for selecting a marketing strategy. In the integrated approach, fuzzy concepts are used for decision-makers� subjective judgments to reflect the vague nature of the selection process. Fuzzy AHP and VIKOR are included in the integrated approach. Fuzzy AHP is used to determine the fuzzy weights of criteria and sub-criteria because it can effectively determine various criteria�s weights in a hierarchical structure. VIKOR aims to rank strategies with respect to the sub-criteria. We apply the integrated approach in real case to demonstrate the application of the proposed method....
In the context of an unstable economic, social and political environment, SMEs in Romania are\nvery vulnerable. It requires careful study of the causes that generate problems, major obstacles\nin developing their business objectives and setting priorities for supporting this sector. The\nsuccess of an organization, the ability to adapt to economic variables and maintain an upward\ntrajectory are determined largely by the quality of its leaders. The entrepreneur�s personality\ncharacterized by strong motivation gives to an organization a powerful entrepreneurial\ndimension. The model developed allows to determine the degree of entrepreneurship qualities\ndepending on business risk and the management performance of entrepreneurs. It has a great\ninfluence on economic and social activity, the organizational climate of each economic unit. The\nproposed model can be successfully used in practice to calculate the entrepreneurial qualities\nfor different categories of entrepreneurs for which a performance evaluation has been\nconducted, according to specific evaluation criteria....
The complexity of the nature of construction makes it one of the most adverse businesses that has\r\never existed. Construction projects have often suffered from high fragmentation, large waste, poor\r\nproductivity, cost and time overruns, and conflicts and disputes for a long time. Thus, many new\r\nand innovative management and procurement systems in construction are introduced such as\r\npartnering, joint venture, alliances, supply chain management, enterprise resource planning (ERP),\r\njust in time (JIT), and total quality management (TQM) to meet these challenges. However, these\r\nconstruction management and procurement systems are meaningless without coordination, a vital\r\nmanagerial principle and activity, which provides the best cooperation among team members.\r\nAlthough coordination plays crucial functions throughout the building process especially during the\r\ndesign and construction stages, some failures in construction projects adopting coordination\r\nprinciples are still observed. Hence, a study is carried out to investigate the key barriers of\r\ncoordination in construction project. Through the literature review, five groups of key barriers are\r\nestablished in this paper, including the nature of construction, traditional contractual arrangement,\r\nconstruction participants, characteristic of organization and construction management approach.\r\nThe investigation of these key barriers is expected to assist the construction players in coordinating\r\ntheir projects towards a better implementation of the innovative management and procurement\r\nsystems. Lastly, worthwhile new research topics are suggested by this paper in developing the\r\ncoordination key performance indicator (KPI) and critical success factor on construction project for\r\nfurther studies....
Many organizations today have adopted business intelligence (BI) as a catalyst to meet specific \r\nbusiness needs and to improve organizational effectiveness. Although BI has become more \r\nrobust and pervasive, some organizations are still unable to maximize the return on their BI \r\ninvestments. One contributing reason is the lack of a good guiding BI architecture to support \r\nthe implementation of such a system. Having a solid architecture can help organizations to \r\nbetter control the implementation process as well as the operation of the entire BI \r\nenvironment. A review of the existing literature shows that although the importance of a good \r\nBI architecture is non-arguable, research in this area is still lacking. To fill the gap, this paper \r\nproposes a framework of BI architecture which consists of five layers: data source, ETL, data \r\nwarehouse, end user, and metadata layers. These five layers are essential to ensure high data \r\nquality and smooth information flow in a BI system....
This paper analyses the means by which major innovations in the operations\nmanagement (OM) practice develop. It describes the process as having a life cycle\npattern that starts with a big idea. The big idea concept promises breakthrough\noperating results, ultimately providing lower price, better quality, faster delivery, or\ncombinations of these and other attributes that add value for the customer. A\nsuccessful big idea goes through the phases of provenance, experimentation,\npenetration, consolidation, and absorption. At that point, it is being incorporated\ninto business operations throughout the industry. If the original idea reaches the end\nof its useful life or proves unsuccessful during development, it is supplanted.\nMaterials requirements planning (MRP) and supply chain management (SCM) are\nused to illustrate the general life cycle model. The analysis of these two successful\nmajor OM innovations discloses a similar development pattern but different final\nabsorption outcomes. While MRP became an everyday tool for tactical level\noperations, SCM is an important strategic tool for integrated company management.\nThe similarity of their development patterns, however, supports the general nature of\nthe life cycle model introduced....
The paper describes a model that calculates the expected revenues as a result of the development of new products within strategic alliances. By using the new updated ââ?¬Å?return on sales\" formula, the partners will have the opportunity to find out their expected revenues (Vi;n). To this end, firms need to be aware of the total costs that one company needs to allocate in order to develop the group of products in collaboration with its partners. Moreover, they need to know the costs allocated by all of the companies together in order to develop a certain product from the group of products. Due to this fact, by calculating the expected revenues, the firms can figure out the product quantities that belong to each of them according to their previous investments....
Recently, business education has experienced an expansion of online education\nprograms. In this paper, we propose a framework to improve the effectiveness\nof student learning in an online lecture format. In particular, we focus\non business courses, which tend to be hard to replicate online as they rely on\nteam work and applied logical thinking in addition to the learning of facts and\ntheory. We identify two main areas that are vital to online business education:\ncompetition and community building among students. We argue these are an\nadditional task for the instructor to deliberately perform in an online setting,\ncompared to what often occurs organically in a traditional in-class setting....
Building information modelling (BIM) promises some potentially radical benefits if adopted and correctly deployed on construction projects. However, significant literature evidence suggests that certain benefits of innovations such as BIM only become feasible and realizable when their legal frameworks are clear and implementable. Interestingly, existing legal frameworks for professional service delivery in architectural, engineering, construction and operations (AECO) industries are apparently biased to fragmented conventions than contemporary contractual risks in e-business. This, potentially, is a major concern against speedy adoption\nof BIM. Arguably, AECO industries have not remained static in the past years regarding the adoption of integrated technologies that enable creation and sharing of information across discipline boundaries. Moreover, integrated systems have a long history in construction which is not limited to BIM - there are other software\napplications that are being deployed to service integrated innovations and multidisciplinary business systems. Whilst the industry still struggles to improve on the speed of adopting and deploying these innovative technologies, the herculean task is how to create workable legal frameworks that will service the potential\nbenefits being proposed in BIM. Some variables of contractual risks in changing technologies have been conceptualized in some recent studies; with recommendations on some useful modifications to conventional legal frameworks in e-contracting, which are not yet very definitive at present. This article reviews scholarly perspectives regarding legal implication of BIM adoption: ownership and control of BIM models, potential revolution in standard of care as a reaction to changes in processes and practices that are driven by past technologies. Professional liabilities in electronic and integrated project delivery systems are also discussed. In the end, conclusions are drawn on potential benefits of resolving these challenges....
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