Browsing by Author "Cohen, Boyd"
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Item A Compass for Navigating Sharing Economy Business Models(2018) Muñoz, Pablo; Cohen, BoydThe sharing economy has emerged in recent years as a disruptive approach to traditional business models. While relevant and conceptually appealing, there is a lack of clarity about what distinguishes the sharing economy from other platform enterprises. In this paper, we seek to solve this problem. Drawing on a multi-year research program and a design-based methodology, in this paper we introduce a novel actionable framework and generative tool called the Sharing Business Model Compass. As an actionable framework, the Compass helps elucidate the multiple, innovative forms sharing economy businesses are adopting. As a generative tool it enables entrepreneurs, investors, incubators and incumbents interested in entering the sharing economy to create, present and evolve a compelling sharing business model as well as evaluate its extent of robustness, whilst embracing the complexity of this business space. We provide evidence on the current performance of the model and discuss implications for policy-makers, markets and competition, incumbents, and the very same ventures fueling the sharing economy. We conclude by discussing future design opportunities and challenges for the sharing space as wholeItem Characteristics of high-growth entrepreneurs in Latin America(01/05/2016) Lecuna, Antonio; Cohen, Boyd; Chavez, RobertoScholars and governments presumed that growing the rate of entrepreneurs would naturally result in economic and job growth, and entrepreneurship has widely been viewed as an important tool for developing economies. Yet recently scholars have questioned the empirical evidence regarding the actual contribution of entrepreneurship to economic development. Recent contributions to the field suggest that not all entrepreneurial activity has a positive effect on economic growth in developing regions. The Theory of Planned Behavior (TPB) provides a unique lense in assisting the predictive capability of entrepreneurial motivation. In this research, we focus on what factors influence the motivation of some entrepreneurs to seek a high-growth model as these growth oriented entrepreneurs, usually associated with opportunity-motivated firm founding, are the most likely to actually create jobs in developing countries. We utilize motivation for founding, five entrepreneurial competencies and three firm characteristics to predict growth expectations of entrepreneurial growth expectations. Leveraging responses to the Global Entrepreneurship Monitor survey from more than 100,000 entrepreneurs in 19 Latin American countries, we discovered the existence of a triple interaction effect amongst opportunity-based entrepreneurs with higher levels of education and an export orientation and their growth expectations. In discussing the results, we reflect on the public policy implications for promoting the desired types of entrepreneurship in developing regionsItem Entering Conscious Consumer Market: Toward a new Generation of Sustainability Strategies(2017) Cohen, Boyd; Muñoz, PabloMore than 40% of U.S. consumers participate in the $300 billion conscious consumer market (CCM). In the past decade, the growth of the CCM has not gone unnoticed by startups and established multinational corporations. Yet what differentiates success and failure of such forays is not fully understood. By using multi-case study design, this article explores how a range of firms have approached entry into the CCM. It develops a CCM Entry Strategies Matrix that suggests alternate market entry strategies dependent on the scope of the marketplace and the values of the target consumer segment.Item Entrepreneurial Narratives in Sustainable Venturing: Beyond People, Profit, and Planet(2018) Muñoz, Pablo; Cohen, BoydSustainable venturing, the process of starting a new sustainable enterprise, has been studied extensively through the triple-bottom-line lens. The narratives employed by sustainable entrepreneurs, however, have proven to be more complex and diverse. In this paper, we set out to inductively explore the narratives underlying sustainable venturing. We conducted an interpretative analysis to elucidate how these entrepreneurs perceive, think about and give meaning to sustainability as they develop their ventures. Findings allow for an expansion of the role of narratives in business venturing toward a more sophisticated conceptualization grounded in how actual entrepreneurs experience and enact sustainability in the context of their ventures.Item Entrepreneurship Policy and Its Impact on the Cultural Legitimacy for Entrepreneurship in a Developing Country Context(2015) Mandakovic, Vesna; Cohen, Boyd; Amorós, José ErnestoItem Municipal demand-side policy tools and the strategic management of technology life cycles(01/12/2014) Cohen, Boyd; Amorós, José ErnestoThis research is particularly concerned with public policy instruments which may help to accelerate the development and diffusion of sustainable innovations and support local economic development. While sustainable technology sectors are in high demand, firms still face significant barriers in developing and diffusing their technologies in regions throughout the world (Hoff, 2012). This area has been less explored in the extant research yet recent experiences suggest that supply side tools may not always have positive benefits for supporting clean technology evolution, or for taxpayers. Leveraging innovation policy and technology life cycle literature, we develop a model of demand-side policy instruments which could be applied at different stages of the technology s-curve in order to accelerate the adoption of sustainable technologies. Implications for managers, public policy actors and researchers are considered.Item Programa DLAB 2015: Innovación para mejorar calidad de vida(Universidad del Desarrollo. Facultad de Diseño, 2015) Fernández Silva, María Carolina; Cohen, Boyd; Fernández, Pablo; Fuentes, FranciscoItem Ride On! Mobility Business Models for the Sharing Economy(01/09/2014) Cohen, Boyd; Kietzmann, JanThe public perception of shared goods has changed substantially in the past few years. While co-owning properties has been widely accepted for a while (e.g., timeshares), the notion of sharing bikes, cars, or even rides on an on-demand basis is just now starting to gain widespread popularity. The emerging “sharing economy” is particularly interesting in the context of cities that struggle with population growth and increasing density. While sharing vehicles promises to reduce inner-city traffic, congestion, and pollution problems, the associated business models are not without problems themselves. Using agency theory, in this article we discuss existing shared mobility business models in an effort to unveil the optimal relationship between service providers (agents) and the local governments (principals) to achieve the common objective of sustainable mobility. Our findings show private or public models are fraught with conflicts, and point to a merit model as the most promising alignment of the strengths of agents and principalsItem Sharing cities and sustainable consumption and production: towards an integrated framework(2015) Cohen, Boyd; Muñoz, PabloCalls for a transformation towards more sustainable consumption and production (SCP) have been intensifying. As urban populations swell across the planet, cities are faced with increasing pressure on infrastructure, economic and ecological systems. Yet, with their high population densities and ubiquity of information and communication technologies, cities are becoming breeding grounds for a new, circular economy driven by emerging and long-standing sharing activities. This research provides a comprehensive view of SCP systems in cities by integrating and examining sharing economy activities in the context of two continuums, i.e. SCP and private/public orientation. Based on these two analytical dimensions, the paper evaluates and plots five groups of 18 sharing activities to create a Sharing Cities-SCP Typology comprised by five ideal types. Each of these five types represents a unique form of SCP activity, with the potential to directly impact SCP systems in the context of urban environments. By enabling diversity and hybridity in the SCP analysis, we allow for a theoretical expansion of SCP models and a new way of understanding how they may play out in cities.Item Sustainable Entrepreneurship Research: Taking stock and looking ahead(01/03/2018) Muñoz, Pablo; Cohen, BoydThe recognition of entrepreneurship as a solution to, rather than a cause of, environmental degradation and social inequality moved the field to identify a new type of entrepreneurial activity, namely sustainable entrepreneurship. Scholarly interest has spiked in recent years; however, aside from its aspirational appeal, there remains a lack of understanding of the nature of the phenomenon and the future of sustainable entrepreneurship in theory and practice. This review seeks to provide a conceptual basis for stimulating scholarly thought and improving our collective understanding of sustainable entrepreneurship as a distinct subdomain within entrepreneurship research. Based on boundary definition and delineation of main features, this review critically discusses the main challenges ahead and elaborates on the research implications and future research directions beyond current, dominant approaches to entrepreneurial action. Copyright (c) 2017 John Wiley & Sons, Ltd and ERP EnvironmentItem The generative potential of emerging technology to support startups and new ecosystems(2017) Cohen, Boyd; Amorós, José Ernesto; Lundy, LawrenceTransformation technologies are highlighted and their capacity to serve as generative mechanisms for disruptive innovation and entrepreneurial opportunities. Our main objectives are twofold: We want to (1) contribute to the knowledge dissemination and discussion regarding the role of emergent new technologies and entrepreneurship activities in the creation of business models that are changing the traditional approach of the industrial economy, and (2) try to close the gap caused by lack of research on some of the most important emerging trends and technologies shaping entrepreneurship in the coming decades.Item The Making of the Urban Entrepreneur(2016) Muñoz, Pablo; Cohen, BoydPressures on infrastructure-due to growing urban populations, the ubiquity of new technologies, and collaborative business models-are fostering a new form of entrepreneurship focused on addressing quality of life in cities. Urban entrepreneurs are challenging the logic of formal market structures, forcing us to re-frame our thinking around the interactions between place, individuals, institutions, and the resulting innovative outcomes. Urban entrepreneurs-operating at the neighborhood, city, and global levels-are developing alternative forms of private-public-people partnerships and unique business strategies.Item Toward a Theory of Purpose-Driven Urban Entrepreneurship(2015) Cohen, Boyd; Muñoz, PabloInspired by Shrivastava and Kennelly, we aim to extend theory on place-based entrepreneurship by highlighting the uniqueness of cities and the interplay between purpose-driven entrepreneurs and the urban places where they operate. This article sets out to conceptualize a middlerange theoretical framework and establish the boundary conditions for purpose-driven urban entrepreneurship based on a combination of inductive reasoning and deductive theorizing. We draw from sustainability and territorial development literatures and the complexity science view of entrepreneurship to establish units, laws of interaction, boundaries, and system states of purpose-driven urban entrepreneurship across three geospatial layers, and elaborate a complexity model comprising sources of opportunities, context, and venturing process. We conclude with potential avenues for further theoretical and empirical development of the purpose-driven urban entrepreneurship construct.