DSpace Repository :: Browsing by Author "Guerrero, Maribel"

Browsing by Author "Guerrero, Maribel"

Now showing 1 - 20 of 59

Aligning regional and business strategies: looking inside the Basque Country entrepreneurial innovation ecosystem
(2020) Guerrero, Maribel; Martínez-Chávez, M.
The current socio-economic scenarios have generated several challenges for any organisation. Regional authorities have designed policies that combine supply-demand needs and innovative entrepreneurship programs. The alignment between regional and business strategies has become critical to ensure the necessary resources, skills and capabilities in the region. This paper analyses the alignment of regional strategies (entrepreneurial innovation ecosystems) and business strategies (development of new entrepreneurial innovations). By adopting mixed theoretical approaches, we proposed a conceptual model to understand the role of institutional strategies on the definition of business strategies. Given the nature of this study, our methodological design combines a case study approach and an action research approach. Our results provide insights into the positive outcomes generated when regional strategies and business strategies are aligned.
Are migrants in/from emerging economies more entrepreneurial than natives?
(2021) Guerrero, Maribel; Mandakovic, Vesna; Apablaza, Mauricio; Arriagada, Verónica
The academic debate in migrant entrepreneurship has mainly focused on movements from emerging economies into developed economies. Anecdotal evidence has suggested that the highest impact is generated by migrants in/from emerging economies. To extend this academic discussion in the Latin-American context, this study investigates why migrants are more entrepreneurial than natives. By adopting the human capital and the institutional approach, we theorize that individual and environmental conditions produce selection/discrimination effects in the host labour market. Consequently, these effects influence migrants’ decision to become entrepreneurs. We tested our hypotheses using a sample of 13,368 adults between the ages of 18–64 based across the 16 Chilean regions. Our results showed that being a high-skilled migrant in a dynamic emerging economy is not a guarantee of success in the labour market, but it is a determinant of international and necessity-driven entrepreneurship. Several implications and a provocative discussion emerged from these findings.
Assessing the impact of the U.K.'s research excellence framework on the relationship between university scholarly output and education and regional economic growth
(2022) Audretsch, David B.; Belitski, Maksim; Guerrero, Maribel; Siegel, Donald S.
This paper assesses the relationship between stakeholder influence, university scholarly and educational output, and regional economic growth. Specifically, we theorize that stakeholder intervention with respect to university teaching and learning, scholarly research, and entrepreneurship enhances the contribution of universities to regional economic growth. We test this theory using data from the UK’s Research Excellence Framework (REF), an evaluation of the research impact of British higher education institutions. We find that business school graduates, as well as graduates in STEM and health fields, have a positive impact on regional human capital development. On the other hand, stakeholder influence, through the REF, appears to have a negative effect on the retention of human capital, but a positive effect on commercialization in the region. Our findings provide new evidence of positive economic spillovers arising from university research and education and the role of fields, such as business administration, in enhancing human capital development and economic growth. They also lend credence to the notion that graduates are an important channel of knowledge and technology transfer.
Blockchain technology and startup financing: A transaction cost economics perspective
(2019) Ahluwalia, Saurabh; Mahto, Raj V.; Guerrero, Maribel
Cryptocurrencies (e.g., Bitcoin, EOS, Etherum, Litecoin, and others) are disrupting the traditional banking and financial systems. The cryptocurrencies are based on a set of technologies commonly referred to as blockchain technology. The potential effect of blockchain technology on institutional economics is profound. Already, blockchain technology-based applications in supply chain management, marketing, and finance are decentralizing and streamlining vital institutional functions. In this paper, we examine the economics of blockchain technologies as it pertains to transaction costs in startup financing. We draw upon the theory of transaction cost economics and the transactional nature of blockchain technology to propose a model to demonstrate how and why blockchain technology based applications are effective. We then apply the model to demonstrate how blockchain technology can be used to overcome many problems inherent in startup financing. For example, information asymmetry and transaction costs involved with matching an entrepreneur with an investor and the terms of the financing deal are some of the fundamental issues in entrepreneurial financing. We explain how a financing system based on blockchain technology can ameliorate the problems and lead to a more effective and decentralized entrepreneurial financing process.
Breaking stereotypes and taboos in women's entrepreneurship : New evidence around old paradigms
(Universidad del Desarrollo. Facultad de Economía y Negocios, 2022) Ibáñez Caamaño, María José; Guerrero, Maribel
This research references two articles that provide theoretical and empirical evidence that counters female entrepreneurship stereotypes and taboos. The first paper tests three gender-stereotypical assumptions prevalent in the entrepreneurship literature: the female gender decreases the propensity for entrepreneurship, women are less willing to enter high-growth industries, and women's valuation of entrepreneurial skills reduces their likelihood of entrepreneurship. A multivariate probit model to test these assumptions was implemented using Global Entrepreneurship Monitor data for eight countries in the period 2009–2016. The findings show that the female gender does not decrease the probability of being an entrepreneur and that perceived entrepreneurial skills influence the entrepreneurial propensity of men and women equally. The results indicate that the female gender reduces the likelihood of entrepreneurship in a high-growth industry. The second article discusses the influence of entrepreneurship on the empowerment and emancipation of female entrepreneurs in the Global South countries. Using the World Values Survey, this study provides empirical evidence of how entrepreneurship affects women's empowerment and emancipation differently depending on the Global South country and compared with other occupational choices, such as full-time employees and homemakers. Our study includes provocative implications in a discussion about gender dynamics, and the most vulnerable women enrolled in entrepreneurial activities in hostile/fragile institutional contexts.
Building universities’ intrapreneurial capabilities in the digital era: The role and impacts of Massive Open Online Courses (MOOCs)
(2021) Guerrero, Maribel; Heaton, Sohvi; Urbano, David
Massive open online courses (MOOCs) have received a lot of attention over the last few years. Although the technological/pedagogical aspects of MOOCs have been well articulated in the literature, empirical evidence substantiating MOOCs' role in university outcomes is scarce. This study aims to fill this gap by exploring the relationships among (a) ordinary capabilities that are necessary to achieve the university's core strategies (i.e., teaching quality, research quality, and administrative quality); (b) intrapreneurial capabilities that are necessary to accomplish the university's entrepreneurial strategy (i.e., MOOC orientation by assuming risks, sensing opportunities, and transforming routines to become more innovative and proactive); and (c) the expected university outcomes from these strategies (i.e., prestige in teaching/research, attraction of local/international students, and diversification in the income structure). Based on an analysis of 145 universities around the world, the results show that MOOC-based intrapreneurial capabilities play a direct role in the achievement of university outcomes, as well as an indirect role, by mediating the positive effect of the university's ordinary capabilities on the university's outcomes. These findings contribute to the current understanding in entrepreneurship and strategic management debates about the antecedents/consequences of intrapreneurial capabilities. A provoking discussion and implications for theory, practice, and policymakers emerge from this study.
Changing Times at Cuban Universities: Looking into the Transition towards a Social, Entrepreneurial and Innovative Organization
(2020) Cruz-Amarán, Damaris; Guerrero, Maribel; Hernández-Ruiz, Alma Delia
Since the 1990s, the socialist higher education system has faced several reforms oriented to satisfy social, economic, and technological demands. However, little is known about the transformation process of the socialist university system over the past two decades. This study provides a better understanding of the entrepreneurial and innovative transition of universities located in socialist economies. By adopting mixed theoretical approaches, we proposed a conceptual model to understand the social, the innovative, and the entrepreneurial transformation of socialist universities. We revised and tested this model in the context of Cuban universities by implementing a prospective case study approach. Our findings show insights about the transition towards a business model innovation within Cuban universities. The determinants have been state regulations, the closing of the complete cycle from teaching to the commercialization of results, and the creation of hybrid structures to manage knowledge. Consequently, the university is facing managerial challenges related to its ability to explore and exploit its activities to generate social, innovative and economic outcomes. Our results provide practical implications for the university managers and actors involved in the transformation process of Cuban universities
Determinants and impacts of digital entrepreneurship: an international perspective
(Universidad del Desarrollo. Facultad de Economía y Negocios, 2023) Yáñez-Valdés, Claudia; Guerrero, Maribel
Over the past decades, accumulated knowledge has demonstrated a strong link between technologies and entrepreneurship. The recent emergence of multiple "digital" technologies represents both an opportunity and a challenge for entrepreneurs. Especially the healthcare crisis caused by the COVID-19 pandemic has forced a rethinking of the link between digitalization and new business models. Like any dynamic process, ventures face a complex adaptation process that determines their success or failure. Inspired by the observed research opportunities we put forward this PhD thesis based on the findings of the first essay where we defined that digital entrepreneurship is determined by the degree of digitization and the type of technology used. Based on this, we propose in the second essay a nationwide review of Fintech, as a type of DE with a high level of digitalization and a complex mix of technologies. The operation and performance of these initiatives not only contribute to the economic development of emerging economies, but also generate a transformative impact on their environment, stakeholders, and society. This transformative effect allows the democratization of digital services, making them accessible to groups marginalized by the traditional financial banking system. Then, in the third essay, we explore the relevance of DE in the context of the COVID-19 pandemic. Global closures have increased the emergence of the Digital Social Entrepreneurship (DSE) phenomenon, which has been key to responding to social needs using digital technologies. In the fourth essay we show crowdfunding as a type of entrepreneurship with an intermediate degree of digitalization, which is supported by the development of open innovation communities that seek to contribute to solving various social and economic problems. Finally, we present a vision of the development of entrepreneurial activity through digital gig and share economy platforms, which are a type of entrepreneurship with a low degree of digitalization that allows the exchange of goods and services as an alternative to traditional employment. In this last essay we take a view of the democratic context as a factor influencing the inclusion of disadvantaged groups. This research has important theoretical and practical implications for consolidating the formation of digital societies where all actors in society are considered as part of the cocreation of value.
Digital social entrepreneurship: the N-Helix response to stakeholders’ COVID-19 needs
(2021) Ibáñez, María José; Guerrero, Maribel; Yáñez Valdés, Claudia; Barros Celume, Sebastián
This study explores the emergence of a new entrepreneurship phenomenon (digital social entrepreneurship) as a result of the collaboration among many agents (N-Helix), given the government’s limited capacity to respond to the stakeholders’ needs satisfaction related to an exogenous event (e.g., the COVID-19 pandemic). Our theory development is based on three ongoing academic debates related to (a) the unrepresentativeness of the stakeholder theory in entrepreneurship research; (b) the emergence of digital social entrepreneurship (DSE) as a bridge between stakeholders’ needs, socio-economic actors, and digital-social initiatives; and (c) the role of N-Helix collaborations to facilitate the emergence of global knowledge-intensive initiatives and the rapid adoptions of open innovations. Our results support our assumptions about the positive mediation efect of DSE in the relationship between N-Helix collaborations and stakeholders’ satisfaction. Notably, results show how pandemic has intensifed these relationships and how DSE in N-Helix collaborations can generate social impacts globally. Some implications for policy-makers have emerged from our results that should be considered during/post-COVID-19 pandemic.
Dissecting the ecosystems’ determinants of entrepreneurial re-entry after a business failure
(2021) Espinoza, Jorge; Guerrero, Maribel; Díaz, David
urpose, This study aims to evaluate the role of entrepreneurial ecosystems conditions (formal, informal and social capital) on different types of entrepreneurial re-entry at a global scale. Design/methodology/approach – Given this phenomenon’s nature, this study builds a panel of data of 54 economies covering different (advanced and emerging) countries across the globe during the period 2004– 2017 by mixing multiples sources of information (e.g. Global Entrepreneurship Monitor, the World Economic Forum, the World Bank and the International Monetary Fund). The statistical analysis consisted of the fixed effect dynamic generalized method of moments (GMM) estimation for panel data. Findings,Three empirical insights emerge from the study. First, the entrepreneurial ecosystem’s formal conditions are mainly configured to support high-growth entrepreneurship ignoring re-entrepreneurs. Consequently, the formal conditions’ contribution is very limited in emerging economies. Second, the analysis of informal conditions revealed social media’s critical contribution for legitimizing entrepreneurship and supporting those entrepreneurs who want to re-enter the domestic or international market after a business failure. Third, social networks built during previous business angels or entrepreneurial experiences or with other entrepreneurs also play a crucial role for re-entrepreneurs to overcome the weaknesses in the entrepreneurial ecosystems’ conditions. Originality/value, The study contributes to two ongoing academic debates among entrepreneurship scholars. The first is related to how the entrepreneurial ecosystem supports entrepreneurial activity in different economic contexts. The second is related to the study of the contextual determinants of entrepreneurial re-entry after a business failure.
Do emerging ecosystems and individual capitals matter in entrepreneurial re-entry’ quality and speed?
(2021) Guerrero, Maribel; Espinoza, Jorge
This study analyses the influence of environmental and individual conditions on the quality and the speed of entrepreneurial re-entries in emerging economies after a business failure. We propose a conceptual framework supported by the institutional economic theory to study the influence of environmental conditions; and human and social capital to study the influence of individuals’ skills, experiences, and relationships. A retrospective multiple case study analysis was designed to test our conceptual model by capturing longitudinal information on occurred events, trajectory, and determinants of twenty re-entrepreneurs. Our results show that the entrepreneurial experience and type of venture influence the accelerating effect of re-entrepreneurship, as well as how environmental conditions moderate the quality and speed of entrepreneurial re-entries. We provoke a discussion and implications for multiple actors involved in the re-entry of entrepreneurs after a business failure.
Do employees’ generational cohorts influence corporate venturing? A multilevel analysis
(2021) Guerrero, Maribel; Amorós, José Ernesto; Urbano, David
Organizations are facing an interesting phenomenon in the composition of their workforce: the concurrence of multiple age generations that demand suitable strategies regarding work design, job satisfaction, and incentives. Ongoing entrepreneurship and strategic management debates require a better understanding of the relationship between workplace generational cohorts’ configurations and organizational performance. We propose a conceptual model for understanding how a diversified workforce influences some determinants (i.e., employees’ human capital and attitudes, organizational climate, and environmental conditions) of entrepreneurial organizations’ outcomes (i.e.corporate venturing). Our framework offers insights into corporate venturing determinants for three generational cohorts: Baby Boomers, Generation X, and Generation Y. Using a sample of 20,256 employees across 28 countries, our findings lend support to the positive effect of individual and organizational determinants on corporate venturing, as well as how these effects are reinforced per generational cohort. Specifically, our results show that younger generations (millennials) have more propensity to be involved in corporate venturing activities. This study also contributes to thoughtprovoking implications for entrepreneurial organizational leaders who manage employees from different generations.
Does entrepreneurship ecosystem influence business re-entries after failure?
(2020) Guerrero, Maribel; Espinoza-Benavides, Jorge
Previous studies have found a close relationship between exit/failure decisions and entrepreneurial/organisational characteristics. In the same line, entrepreneurship literature has recognised that the context matters in any entrepreneurial process, including “exit,” “failure” or “re-entry.” This manuscript proposes a conceptual framework to identify the elements of the entrepreneurial ecosystem that foster or impede the re-entry into entrepreneurship after a business failure. By reviewing the accumulation of knowledge, we identified the individual, the organisational, and the contextual conditions that influence the trajectory of an individual who decides to re-enter after a business failure. This manuscript provides a better understanding of the critical role of agents involved in the entrepreneurial ecosystem. A provocative discussion and implications emerge for this study in order to reduce individual barriers and unfavourable social norms towards business failure.
Does gender matter for corporate entrepreneurship? A cross-countries study
(2023) Ruíz, Linda Elizabeth; Amorós, José Ernesto; Guerrero, Maribel
The accumulated knowledge about corporate entrepreneurship has provided a better understanding of its antecedents and consequences. Corporate entrepreneurship activities are strongly related to incremental, or disruptive innovation processes. However, academic debates demand a novel conceptual framework to understand the gendered workforce’s contribution to corporate entrepreneurship initiatives worldwide. This study hypothesizes that a gendered workforce has similar capabilities (skills, ability to detect opportunities and networks) to engage in corporate entrepreneurship. Therefore, any gender differences could be explained by the influence of country-level conditions (gender equality levels, culture, and social norms). We tested these hypotheses with a sample of 50,550 employees from 50 countries. Our results support these hypotheses extending the corporate entrepreneurship literature and provoking an interesting discussion to academics, managers, employees, and policymakers. Plain English Summary This research analyzes women employees that act as corporate entrepreneurs. To understand why some women (and men) undertake entrepreneurial endeavors inside established organizations, we inquire about factors like the role of gender, individual capabilities, and institutional factors such as inequality levels and culture that shape corporate entrepreneurship activities. Our main findings suggest that disparity between men and women (gender inequality) reduces the development of corporate entrepreneurship for women but also men. We also found there are differences in the activity between genders. We call to continue working to reduce gender inequalities, at the national and corporate level, and to those in charge of organizations to promote the entrepreneurial behavior of women and men.
Does policy enhance collaborative-opportunistic behaviours? Looking into the intellectual capital dynamics of subsidized industry–university partnerships
(2021) Guerrero, Maribel; Herrera, Fernando; Urbano, David
Design/methodology/approach: By combining two sources of information about 683 Mexican subsidised industry-university partnerships from 2009 to 2016, this study adopted the structural equation modelling (SEM) to analyse the effect of collaborative vs. opportunistic behaviours in intellectual capital dynamics within subsidised projects. Purpose: Little is known about how subsidies enhance both collaborative and opportunistic behaviours within subsidised industry-university partnerships, and how partners’ behaviours influence the intellectual capital dynamics within subsidised industry-university. Based on these theoretical foundations, this study expects to understand IC’s contribution as a dynamic or systemic process (inputs→outputs→outcomes) within subsided university-industry partnerships. Especially to contribute to these ongoing academic debates, this paper analyses how collaborative and opportunistic behaviours within industry-university partnerships influence the intellectual capital dynamics (inputs, outputs, and outcomes) of the subsidised projects. Findings: Our results show three tendencies about the bright/dark side of subsidies within the Mexican industry-university partnerships. The first tendency shows how collaborative behaviours positively influence intellectual capital dynamics within subsidised industry-university partnerships. The second tendency shows how opportunistic behaviours influence intellectual capital impacts (performance) and return to society (job creation). The third tendency shows how initial inputs of subsidised projects generate some expected socio-economic returns that pursued the subsidies (mediation effect of intellectual capital outputs). Research limitations/implications: This research has three limitations that provide a future research agenda. The main limitations were associated with our sources of information. The first limitation, we did not match subsidised partnerships (focus group) and non-subsidised partnerships (control group). A qualitative analysis should help understand the effect of subsidies on intellectual capital and partnerships’ behaviours. The second limitation, our measures of collaborative/opportunistic behaviours as well as intellectual capital dynamics should be improved by balancing traditional and new metrics in future research. The third limitation is that in emerging economies, the quality of institutions could influence the submission/selection of subsidies and generate negative externalities. Future research should control by geographical dispersion and co-location of subsidies. Practical implications: For enterprise managers, this study offers insights into IC dynamics and behaviours within subsidised industry-university partnerships. The bright side of collaboration behaviours is related to IC’s positive impacts on performance and socio-economic returns. The dark side is the IC appropriation behind opportunistic behaviours. Enterprise managers should recognise the relevance of IC management to capture value and reduce costs associated with opportunistic behaviours. For the university community, this study offers potential trends adopted by industry-university partnerships to reinforce universities’ innovative transformation processes. Specifically, these trends are related to the legitimisation of the university’s role in society and contribution to regional development through industry-university partnerships’ outcomes. Therefore, university managers should recognise the IC benefits/challenges behind industry-university partnerships. Social implications: For policymakers, the study indirectly shows the role of subsidies for generating/reinforcing intellectual capital outcomes within subsidised industry-university partnerships. The bright side allows evaluating the cost-benefit of this government intervention and the returns to priority industries. The dark side allows for understanding the need for implementing mechanisms to control opportunistic behaviours within subsidised partnerships. Accordingly, policymakers should understand the IC opportunity-costs related to industry-university partnerships for achieving the subsidies’ aims. Originality/value: This study contributes to three ongoing academic debates in innovation and management fields. The first debate about how intellectual capital dynamic is stimulated and transferred through the collaborative behaviour within industry-university partnerships in emerging economies. The second debate is about the “dark side” of partnerships stimulated by public programmes in emerging economies. The third debate is about the effectiveness of subsidies on intellectual capital activities/outcomes.
Does triple helix collaboration matter for the early internationalisation of technology-based firms in emerging Economies?
(2021) Baier-Fuentes, Hugo; Guerrero, Maribel; Amorós, José Ernesto
Firms’ early internationalisation (EI) is a complex process derived from uncertain market conditions, entrepreneurial vision, and strategic entry decisions. Academic debates still require deepening and broadening the discussion on early internationalisation of new technology-based firms (NTBFs). This study proposes a framework to analyse how NTBFs are adopting collaborative networks with the triple helix actors (government, university, and industry) to implement an EI strategy in emerging economies. Our findings show that the lack of specialised knowledge and resources stimulates collaboration with multiple triple helix agents to ensure the early entry strategy into international markets. We state the relevant implications and propositions concerning the internationalisation of NTBFs and the relationship with triple helix stakeholders.
Does workforce diversity matter on corporate venturing?
(2022) Guerrero, Maribel
Ongoing academic debates demand a better understanding of the effect of workforce diversity (not only top managers) on unexplored outcomes (not only financial performance). We proposed/tested a conceptual model that theorizes the moderate role of workforce demographics on corporate venturing drivers by adopting different theoretical perspectives. Using a sample of 17217 employees across 20 countries, our findings highlight that women and migrant workers contribute to corporate venturing by identifying business opportunities (exploration experiences) and taking advantage of their intellectual capital (human capital and social capital). Several implications for leaders who manage a diversified workforce emerge from this study.
Ecosistema y actividad emprendedora en México: Un análisis exploratorio
(2019) Guerrero, Maribel; Santamaría-Velasco, Carlos Alberto
Este artículo analiza los elementos que componen un ecosistema emprendedor para comprender la vinculación entre el emprendimiento y el desarrollo económico. Se utiliza una metodología cuantitativa y cualitativa, la cual se ha aplicado para la región Centro-Occidente de México. Los resultados revelan los elementos del ecosistema que han incidido en la configuración de una diversidad emprendedora (rural-urbano, tecnológico-no tecnológico, familiar-no familiar) en dicha región, y muestran el impacto de la diversidad emprendedora en el desarrollo económico y social. Con base en esto se presentan las implicaciones para los agentes del ecosistema emprendedor en la región analizada.
Effectiveness of Technology Transfer Policies and Legislation in Fostering Entrepreneurial Innovations across Continents: An overview
(2019) Guerrero, Maribel; Urbano, David
The purpose of this article and the special issue is to improve our understanding of the theoretical, managerial, and policy implications of the effectiveness of technology transfer policies on entrepreneurial innovation. We accomplish this objective by examining the relationship between entrepreneurship, innovation and public policies in the 186 papers published from 1970 to 2019. Our analysis begins by clarifying the definition of entrepreneurial innovations and outlining the published research per context. We then present the seven papers that contribute to this special issue. We conclude by outlining an agenda for additional research on this topic.
Entrepreneurial families in business across generations, contexts, and cultures
(2020-07) Hadjielias, Elías; James, Albert E.; Guerrero, Maribel; Cruz, Allan Discua
Purpose: This article is the editorial for the special issue on ‘Entrepreneurial Families in Business Across Generations, Contexts, and Cultures’. We aim to develop a road map that can help academics and practitioners navigate the findings of the articles contained in this special issue. We also suggest future lines of research around the topic of entrepreneurial families in business. Design/methodology/approach: We develop a conceptual model for interpreting and understanding entrepreneurial families in business across contexts and time. Findings: Our conceptual model highlights the importance of context and time when conducting research on entrepreneurial families in business. Practical implications: The findings in this special issue will be of relevance for decision makers who tailor policies that embrace different economic and social actors, including entrepreneurial families. Originality/value: This editorial and the articles that make up this special issue contribute to family business research by contextualising the phenomenon of entrepreneurial families in business. We propose a new holistic perspective to incorporate context and time in the study of entrepreneurial families that own, govern, and manage family firms over time

Browsing by Author "Guerrero, Maribel"

Results Per Page

Sort Options