Entrepreneurship

Permanent URI for this collectionhttps://hdl.handle.net/10679/315

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Browsing by Subject "Emerging economies"

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    Business group affiliation and internationalization of new ventures: Moderating role of industry and liberalization
    (Elsevier, 2023-03) Saiyed, Abrarali Mohammadusmanali; Eryarsoy, E.; Mondal, A.; Dhandapani, K.; Entrepreneurship; SAIYED, Abraralı Mohammadusmanalı
    Internationalization of new ventures (INV) has been the interest of inquiry for more than three decades. Though many researchers have looked at different factors and their impact on the speed, scope, and intensity of internationalization in new ventures, this stream of research requires more attention in the context of emerging economies. The study examines the role of a firm's business group affiliation and its impact on internationalization of new ventures in emerging economies. It also explains how industry concentration and liberalization of the economy change the relationship between business group affiliation and internationalization. Based on a dataset of new ventures from 67 industries founded in India during the period of 1996 to 2014, our results suggest that ventures with business group affiliation focus on the domestic market, and the focus changes from the domestic market to international when there is high industry concentration and with the liberalization of the economy.
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    Dominant-owner CEOs, board of directors and firm performance in emerging economies: Exploring the moderating impact of quad-qualified directors
    (Springer, 2023-12) Banerjee, S.; Zattoni, A.; Saiyed, Abrarali Mohammadusmanali; Entrepreneurship; SAIYED, Abraralı Mohammadusmanalı
    There have recently been many calls to explore corporate governance in emerging economies, as these countries have distinctive characteristics such as a weaker institutional environment and the dominating influence of controlling shareholders. The literature has revealed that, in such institutional settings, there is the risk that powerful insiders maximize their own benefits at the expense of minorities and firm performance. This study advances our knowledge of corporate governance in emerging economies by exploring the moderating impact of quad-qualified directors – i.e., directors with independence, expertise, bandwidth, and motivation – on the relationship between dominant-owner CEOs and firm performance. We tested our hypotheses on a large cross-sectional sample of Indian listed firms. Our results show that dominant-owner CEOs undermine company performance, but quad-qualified directors may improve board monitoring and consequently attenuate their negative influence. Our findings support the soundness of the quad-qualified model for boards of directors, and contribute to the growing literature investigating which directors’ attributes may have a significant impact on board monitoring and firm performance.
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    Entrepreneurial characteristics and internationalisation of new ventures: a study of cognitive factors
    (Inderscience Publishers, 2021) Saiyed, Abrarali Mohammadusmanali; Entrepreneurship; SAIYED, Abraralı Mohammadusmanalı
    Researchers (Acedo and Jones, 2007; Acedo and Florin, 2006b; Zahra et al., 2005) have argued that the impact of entrepreneur’s cognition in international new ventures (INV) has been an under-researched area though it has been studied in the field of entrepreneurship. This paper tries to study impact of various cognitive factors, attitude, tolerance for ambiguity, proactivity, intuition and international orientation, on speed of internationalisation in new ventures. Primary data was collected from 149 French and 98 Indian SMEs. The results showed decision makers’ attitude towards internationalisation affect firm’s early internationalisation, it was found positive in India while negative in France. Interestingly decision makers with high intuition were found first to focus on domestic markets and later enter into international markets. International orientation is very important for early internationalisation in new ventures in France. Copyright © 2021 Inderscience Enterprises Ltd.
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    Entrepreneurial marketing strategy in craft-based businesses in an emerging market: a qualitative interpretivist approach
    (Emerald, 2024-02-08) Saiyed, Abrarali Mohammadusmanali; Shaikh, A.; Gupta, S.; Entrepreneurship; SAIYED, Abraralı Mohammadusmanalı
    Purpose: The primary aim of this study is to gain insight into the entrepreneurial marketing strategy (EMS) decisions made by microenterprises in the craft sector and draw comparisons between the marketing strategy formulation and implementation of conventional businesses and those of craft-based microenterprises with a specific focus on the context of emerging markets, particularly India. Design/methodology/approach: This paper follows a qualitative interpretivist paradigm using a multiple-case methodology approach. It tracks craft-based microenterprises that make furniture or home décor products in India. The study participants were the founders, principal designers, studio managers or craftspersons. Findings: This study’s findings reveal that craft-based microenterprises implement an EMS that adopts a hybrid form of market orientation strategy. In this approach, the product or creative concept is at the centre of the decision-making, and the customer needs are factored in at a later stage for customisation. These microenterprises prioritise product positioning over segmentation and targeting strategies. Research limitations/implications: This study tries to understand marketing strategy decision-making processes among craft-based microenterprises in India. Given that study participants came from only two-product-based craft businesses, this limits the generalisability of the findings to similar or related contexts. This study provides a framework and methodology for replication in other contexts and industries to formulate a nuanced understanding of micro, context-specific, craft-based businesses. Originality/value: This study uses qualitative analysis to understand EMS in craft-based businesses in India. This study contributes to this fledgling stream of literature at the interface of marketing and entrepreneurship to understand entrepreneurial marketing. This study analyses the marketing strategy of craft-based businesses using the framework of Morgan et al. (2019).