Current Issue : July - September Volume : 2013 Issue Number : 3 Articles : 4 Articles
The goal of the current article is to examine the status and role of entrepreneurship in the\r\nGreek economy. It presents data on entrepreneurship and business demographic data as size\r\nclasses, employment, value added and business failure. It also presents data on the barriers\r\nmet by Greek enterprises. The final conclusion is that entrepreneurship, and especially SMEs,\r\ndo play a vital role in Greek economy, but business prospects at the moment are not very\r\ngood. There is an urgent need for political and economic reform, in order to support SMEs�\r\noperation and secure their valuable contribution to economy....
This study explores the influence of Novatel''s leadership style on the development of the\r\nfirm''s business model. The purpose of this research is to explain the role of this leadership\r\ntype in the process of creating a business model that both constantly adapts to fit the needs\r\nof an ever-changing industry in a highly technological world, and aims to generate\r\ninnovation and sustainability. In order to analyze this phenomenon, the researcher utilized\r\nqualitative methodologies to identify the variables to be studied. The cause and effect\r\nrelationship of the variables, and their implications, were obtained by using data\r\ntriangulation and contrasting it with an in-depth review of the literature. Data analysis\r\nshows that Novatel''s leadership style has both a positive impact within the firm''s work\r\ndynamic, and suggests a strong correlation between the company''s leadership style\r\n(independent variable) and the formation of a chameleon business model (dependent\r\nvariable). This business model actively counteracts a fast-paced environment with an ever\r\nevolving business strategy. This study is significant because it links the firm''s type of\r\nleadership to the development of a particular business model and demonstrates how this\r\ncorrelates to firm performance....
The purpose of the article is to describe problems connected with succession and generational transition in family-owned businesses. The author examines how family-owned businesses can be characterized along with the general position of family companies in the economy. The strengths of the article are that the author completes theoretical findings with real examples of family-owned businesses and case studies. He also makes use of the latest findings of a dissertation thesis focused on succession problems in small and medium-sized family enterprises. The solving of the question of succession in family businesses has been identified as the greatest problem and a proposal for solving this dilemma is analysed in detail in the article. The solving of the problem of succession is an interdisciplinary theme on the border between management and sociology. Family companies share numerous problems with non-family companies; however, family businesses differ from other kinds of businesses in that they have to come to terms with a generational transition in the leadership of the family business....
This paper addresses how entrepreneurial teams and governance influence the choice of a\r\nrisky growth strategyââ?¬â?hypercompetitive strategyââ?¬â?adopted by privately-owned Chinese\r\nstartups. Two specific entrepreneurial teams are analyzed: the nested entrepreneurial team\r\nand the emergent entrepreneurial team. In the context of Chinese privately-owned startups,\r\nthe nested entrepreneurial team structure is more likely to support the choice of\r\nhypercompetitive growth strategy than the emergent structure. Two governance\r\nmechanisms are examined: ownership structure of the nested entrepreneurial team and\r\nboard structure. The lead entrepreneur of the nested team has an incentive to acquire a\r\ndominant ownership stake in the team, which strengthens the relationship between the\r\nnested team structure and the choice of hypercompetitive growth strategy. Meanwhile, an\r\nindependent board structure is likely to weaken this relationship....
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