Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity
Miha Marič, Jasmina Žnidaršič, Miha Uhan, Vlado Dimovski, Marko Ferjan, Maja Djurica, Mitja Jeraj, Matej Janežič
Investment-Cash Flow Sensitivity: A Study of Iranian Listed Companies
Mahdi Salehi, Ali Mohammadi, Parisa Taherzadeh Esfahafi
Relation between Knowledge Management and Turnover in Slovenian Micro and Small Start-Up Organisations
Riko Novak, Vasja Roblek, Gabrijel Devetak
Characters of Innovation Management in the Primary Health Care Centers
Alireza Aslani, Marja Naaranoja
Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity
Miha Marič
University of Maribor, Faculty of Organizational Sciences
Jasmina Žnidaršič
University of Maribor, Faculty of Organizational Sciences
Miha Uhan
University of Ljubljana, Faculty of Economics
Vlado Dimovski
University of Ljubljana, Faculty of Economics
Marko Ferjan
University of Maribor, Faculty of Organizational Sciences
Maja Djurica
Belgrade Business School, Serbia
Mitja Jeraj
JProjekt d.o.o.
Matej Janežič
National Institute of Chemistry
Abstract
Background/Purpose: Our study is built on the dependence of early-stage entrepreneurial activity on GDP per capita, GDP real growth rate, unemployment rate, inflation rate, investments and public debt of different countries. We divide the early-stage entrepreneurial activity into necessity-driven and improvement-driven opportunistic entrepreneurial activity. To establish the dependencies we have conducted the regression analyses. Our three main findings are: (a) early-stage entrepreneurial activity does depend on our predictors; (b) necessity-driven entrepreneurial activity is negatively correlated to country’s development; and (c) improvement-driven opportunistic entrepreneurial activity is positively correlated to country’s development.
Investment-Cash Flow Sensitivity: A Study of Iranian Listed Companies
Mahdi Salehi
Ferdowsi University of Mashhad, Faculty of Economics and Business Administration
Ali Mohammadi
Islamic Azad University, Zanjan Branch, Department of Accounting
Parisa Taherzadeh Esfahafi
Islamic Azad University, Zanjan Sciences & Research Branch, Department of Accounting
Abstract
Background/Purpose: The main objective of the current study is to examine the effect of audit report on cash-flow investment sensitivity of 123 listed companies in Tehran Stock Exchange (TSE) during 2006-2010. Regression analysis and synthetic data were used for data analysis. The results showed that receiving modified report has a significant negative effect on cash flow-investment sensitivity. The findings also suggest the significant effect of receiving qualified report and unqualified report with explanatory paragraphs on cash flow-investment sensitivity.
Relation between Knowledge Management and Turnover in Slovenian Micro and Small Start-Up Organisations
Riko Novak
Faculty of Commercial and Business Sciences
Vasja Roblek
University of Primorska, Faculty of Management
Gabrijel Devetak
Faculty of Commercial and Business Sciences
Abstract
Background/Purpose: This article discusses the importance of knowledge management and employee turnover, using the example of selected Slovenian organisations, in particular, technology parks. The purpose of this article is to point out statistical characteristics between employee turnover and certain selected independent variables. The empirical research was conducted on a population of 667 Slovenian organisations gathered from the subjects of an innovative environment database, and a further sample of 51 chosen technology parks from the A group. By implementing multivariate regression analysis, we sought to examine whether knowledge requirements and knowledge transfer paths in these organisations have a statistically significant influence on employee turnover. The aim of this article is to present the results of empirical research that defines the development of a conceptual framework for understanding the influence of knowledge management on employee turnover. The results have shown that the importance of intellectual and social capital, intangible capital assets and their continuous measurement must be acknowledged within an organisation.
Characters of Innovation Management in the Primary Health Care Centers
Alireza Aslani
University of Vaasa, Faculty of Technology, Industrial Management Department
Marja Naaranoja
University of Vaasa, Faculty of Technology, Industrial Management Department
Abstract
Background/Purpose: Innovation management in the primary health care centers is one of the important debates among the governments and academic forums. Although the number of studies in the field of innovation in health care sectors has increased over the last10 years, little is known about the conditions for the successful implementation of innovations in the health care centers. In this paper, we review and assess the situation of Finnish health care centers from innovation management viewpoint. Wetry to answer one of the important questions designed by policy makers: “How can Finnish health care centers move toward systems that continuously improve their innovation and creativity?” The presented framework describes the main characters and dimensions of diffusion of ideation and innovation in the health care centers.