This page has only limited features, please log in for full access.
Innovation positively affects entrepreneurial activity mainly in expansion phases. Institutions positively affect economic growth and business activity in all periods. The relationship between social climate and entrepreneurial activity is positive. Institutions affect growth directly and indirectly through entrepreneurship.
Miguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. The role of entrepreneurship in different economic phases. Journal of Business Research 2020, 122, 171 -179.
AMA StyleMiguel-Ángel Galindo-Martín, María-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo. The role of entrepreneurship in different economic phases. Journal of Business Research. 2020; 122 ():171-179.
Chicago/Turabian StyleMiguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. 2020. "The role of entrepreneurship in different economic phases." Journal of Business Research 122, no. : 171-179.
Concern about environmental problems has led to more attention being paid to the sustainable development objective. Social entrepreneurship, and entrepreneurship in general, show a direct relationship with this objective, due mainly to the activities carried out by entrepreneurs regarding the development of new products, the search for new markets, and the introduction of innovations. Because of this, it is important to identify the variables that influence both types of entrepreneurship to adequately design measures to stimulate sustainable development through these activities. These variables can be grouped into two groups: sociocultural factors and economic factors. The objective of this paper is to analyze the behavior of these two groups over general entrepreneurship and social entrepreneurship, in addition to the impact of these two types of entrepreneurship on sustainable development. To carry out this analysis, we have developed an empirical analysis with structural equations for the case of 15 OECD countries between 2015 and 2016. La preocupación por los problemas ambientales ha llevado a que se preste más atención al objetivo de desarrollo sostenible. El emprendimiento social, y el emprendimiento en general, muestran una relación directa con este objetivo, debido principalmente a las actividades llevadas a cabo por los emprendedores en relación con el desarrollo de nuevos productos, la búsqueda de nuevos mercados y la introducción de innovaciones. Debido a esto, es importante identificar las variables que influyen en ambos tipos de emprendimiento para diseñar adecuadamente medidas para estimular el desarrollo sostenible a través de estas actividades. Estas variables se pueden agrupar en dos grupos: factores socioculturales y factores económicos. El objetivo de este trabajo es analizar el comportamiento de estos dos grupos sobre el emprendimiento general y el emprendimiento social, además del impacto de estos dos tipos de emprendimiento en el desarrollo sostenible. Para llevar a cabo este análisis, hemos desarrollado un análisis empírico con ecuaciones estructurales para el caso de 15 países de la OCDE entre 2015 y 2016.
María-Teresa Méndez-Picazo; Miguel-Angel Galindo-Martín; Maria-Soledad Castaño-Martínez. Effects of sociocultural and economic factors on social entrepreneurship and sustainable development. Journal of Innovation & Knowledge 2020, 6, 69 -77.
AMA StyleMaría-Teresa Méndez-Picazo, Miguel-Angel Galindo-Martín, Maria-Soledad Castaño-Martínez. Effects of sociocultural and economic factors on social entrepreneurship and sustainable development. Journal of Innovation & Knowledge. 2020; 6 (2):69-77.
Chicago/Turabian StyleMaría-Teresa Méndez-Picazo; Miguel-Angel Galindo-Martín; Maria-Soledad Castaño-Martínez. 2020. "Effects of sociocultural and economic factors on social entrepreneurship and sustainable development." Journal of Innovation & Knowledge 6, no. 2: 69-77.
Economic growth is one of the important objectives of economic policy due to the beneficial effects it has on employment and economic well-being. The work carried out in the last few decades has highlighted the roles that entrepreneurship and innovation play in promoting this objective. However, the environmental deterioration resulting from policies implemented to stimulate growth has led to considerations of other objectives that are more compatible with the defense of the environment, such as sustainable development. Therefore, it is important to determine the factors that stimulate them. This paper considers traditional and social entrepreneurship and innovations and green innovation. The effect of institutions as generators of legal and economic environments on both types of entrepreneurship is contemplated. On the other hand, considering the possibility of “bidirectional causality”, the relationship between both types of entrepreneurship and institutions is also analyzed. This will allow us to design measures aimed at stimulating sustainable development. The objective of this paper is to analyze these relationships through two estimates: first, an analysis of the relationship between both types of entrepreneurship and innovations and sustainable development and second, the relationship between social and traditional entrepreneurship and institutions. In both cases, the path coefficient of each of them is compared with respect to the final objective, which would be useful when designing economic policies. Empirical analysis is carried out, producing an estimation of the structural equation modeling (SEM) model using the partial least squares (PLS) technique in the case of 20 Organization for Economic Co-operation and Development (OECD) countries.
Miguel-Angel Galindo-Martín; Maria-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development. Sustainability 2020, 12, 4467 .
AMA StyleMiguel-Angel Galindo-Martín, Maria-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo. The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development. Sustainability. 2020; 12 (11):4467.
Chicago/Turabian StyleMiguel-Angel Galindo-Martín; Maria-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. 2020. "The Relationship between Green Innovation, Social Entrepreneurship, and Sustainable Development." Sustainability 12, no. 11: 4467.
Specialized literature has centered on analyzing the relationship between the entrepreneur and innovation, since the former is considered to be a driver for innovation. However, there are other factors that can influence innovation that should be considered: business cash flow, because it uses its own resources to innovate; bank credit, the possibility of accessing external financing; and taxes, which account for a reduction in businesses’ cash flow when they increase. The objective of this article is to analyze the existing relationship between these factors and innovation and the latter with growth. To achieve this, an empirical study has been carried out using a Partial Least Square (PLS) estimation with eleven European countries.
Miguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. Relationship between Cash Flow, Bank Credit, Taxes, and Innovation. Journal of Business Accounting and Finance Perspectives 2020, 2, 1 .
AMA StyleMiguel-Ángel Galindo-Martín, María-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo. Relationship between Cash Flow, Bank Credit, Taxes, and Innovation. Journal of Business Accounting and Finance Perspectives. 2020; 2 (1):1.
Chicago/Turabian StyleMiguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. 2020. "Relationship between Cash Flow, Bank Credit, Taxes, and Innovation." Journal of Business Accounting and Finance Perspectives 2, no. 1: 1.
Purpose Economic growth is one the most relevant economic objectives for policy makers. In order to determine the variables that enhance such an objective it is important to consider different types of entrepreneurial activity. It is also necessary to consider the level of development and growth of a country to design the proper economic policy measures, given that entrepreneurship motivations and circumstances vary from country to country. Therefore, the purpose of this paper is to analyse the relationship between entrepreneurship and economic growth, including the role played by institutions and innovation considering two types of entrepreneurship (necessity and opportunity) and countries. Design/methodology/approach Data analysis of 31 countries with varying levels of growth and development yielded two large groups – either innovation-driven economies or efficiency-driven economies – following GEM classification based on the phases set out by the World Economic Forum. In order to test the hypotheses, a partial least squares analysis is carried out to show the existing relationships between the different variables, specifically: innovation, institutions, entrepreneurship and economic growth. Findings The empirical analysis used demonstrates that innovation positively affects economic growth and entrepreneurship. In addition, adequate functioning of institutions is shown to enhance economic growth and opportunity entrepreneurship. Finally, there is a positive relationship between entrepreneurship and economic growth. Originality/value Unlike other studies, different types of entrepreneurship (by necessity and opportunity) are essential to this analysis of the relationship between entrepreneurship and economic growth. The country sample was divided considering some country-specific structural circumstances. Neither aspect is considered in the literature and should be considered relevant for designing measures to enhance economic activity.
Miguel-Angel Galindo-Martín; María-Teresa Méndez-Picazo; Maria-Soledad Castaño-Martínez. The role of innovation and institutions in entrepreneurship and economic growth in two groups of countries. International Journal of Entrepreneurial Behavior & Research 2019, 26, 485 -502.
AMA StyleMiguel-Angel Galindo-Martín, María-Teresa Méndez-Picazo, Maria-Soledad Castaño-Martínez. The role of innovation and institutions in entrepreneurship and economic growth in two groups of countries. International Journal of Entrepreneurial Behavior & Research. 2019; 26 (3):485-502.
Chicago/Turabian StyleMiguel-Angel Galindo-Martín; María-Teresa Méndez-Picazo; Maria-Soledad Castaño-Martínez. 2019. "The role of innovation and institutions in entrepreneurship and economic growth in two groups of countries." International Journal of Entrepreneurial Behavior & Research 26, no. 3: 485-502.
Within organisational analysis, a concept that has been gaining importance has been organisational ambidexterity, where two factors play an important role: entrepreneurial intensity and innovations. The objective of this article is to analyse the relationship between entrepreneurial intensity and ambidexterity. The conceptualisation of ambidexterity distinguishes between ambidextrous activities and ambidextrous outcomes. To carry out this objective, we have tested several theoretical relationships. We have used partial least squares methodology to develop an empirical study in 25 European countries. Results confirm that collaboration networks have a positive effect on entrepreneurship intensity. This effect is greater than the one obtained by ambidextrous activities or new technologies. We also show that entrepreneurship intensity has a mediating role between ambidextrous activities and ambidextrous outcomes.
Maria-Soledad Castaño-Martínez; Miguel-Angel Galindo-Martín; Maria Teresa Mendez Picazo; Daniel Palacios-Marqués. Relationship between ambidexterity and entrepreneurial intensity. Economic Research-Ekonomska Istraživanja 2019, 33, 2410 -2426.
AMA StyleMaria-Soledad Castaño-Martínez, Miguel-Angel Galindo-Martín, Maria Teresa Mendez Picazo, Daniel Palacios-Marqués. Relationship between ambidexterity and entrepreneurial intensity. Economic Research-Ekonomska Istraživanja. 2019; 33 (1):2410-2426.
Chicago/Turabian StyleMaria-Soledad Castaño-Martínez; Miguel-Angel Galindo-Martín; Maria Teresa Mendez Picazo; Daniel Palacios-Marqués. 2019. "Relationship between ambidexterity and entrepreneurial intensity." Economic Research-Ekonomska Istraživanja 33, no. 1: 2410-2426.
The literature traditionally has focused its attention on the relationship between innovation and entrepreneurial activity. From this perspective, new innovations are accompanied by digital transformations that enhance value creation. However, it is also important to consider the effect of digital dividends on society overall as well as on entrepreneurship activity. Studies generally do not address this latter possibility. This paper analyses the theoretical and quantitative effects of digital transformation and digital dividends on entrepreneurial activity, that is, the broader developmental benefits that using these technologies brings, in the shape of digital transformation. Partial least square (PLS) estimation is used to develop an empirical estimation for the case of 29 European countries.
Miguel-Angel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. Digital transformation, digital dividends and entrepreneurship: A quantitative analysis. Journal of Business Research 2018, 101, 522 -527.
AMA StyleMiguel-Angel Galindo-Martín, María-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo. Digital transformation, digital dividends and entrepreneurship: A quantitative analysis. Journal of Business Research. 2018; 101 ():522-527.
Chicago/Turabian StyleMiguel-Angel Galindo-Martín; María-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo. 2018. "Digital transformation, digital dividends and entrepreneurship: A quantitative analysis." Journal of Business Research 101, no. : 522-527.
Social entrepreneurship is one of the most important forms of entrepreneurship, especially in the context of the current economic crisis. The aim of this chapter is to analyze the influence of a number of factors, such as income distribution, institutions, and human capital on social entrepreneurship. In addition, it analyses the impact of these factors and social entrepreneurship on economic performance. This chapter includes an empirical analysis, with Partial Least Square (PLS) estimation for 29 countries using data from 2012.
Maria-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo; Miguel-Angel Galindo-Martín; Information Resources Management Association. Social Entrepreneurship and Income Distribution. Entrepreneurship 2017, 913 -928.
AMA StyleMaria-Soledad Castaño-Martínez, María-Teresa Méndez-Picazo, Miguel-Angel Galindo-Martín, Information Resources Management Association. Social Entrepreneurship and Income Distribution. Entrepreneurship. 2017; ():913-928.
Chicago/Turabian StyleMaria-Soledad Castaño-Martínez; María-Teresa Méndez-Picazo; Miguel-Angel Galindo-Martín; Information Resources Management Association. 2017. "Social Entrepreneurship and Income Distribution." Entrepreneurship , no. : 913-928.
Policy makers' main interest is to avoid the problems resulting from the economic crisis. One way to avoid these problems is to stimulate economic growth as well as the necessary economic activity to reduce unemployment and to increase welfare. Specialized recent literature shows entrepreneurship as a key factor to enhance economic growth. Consequently, determining which economic policies could stimulate entrepreneurial activity and, indirectly, economic growth is relevant. This article's main goal is to analyze some of these policies' effects on entrepreneurship and economic growth. To achieve this goal, the study performs an empirical analysis of 13 European Union countries, divided in two complementary methods: Partial Least Squares (PLS) estimation and fsQCA. fsQCA allows completing the results obtained by PLS estimation, by allowing to obtain causal recipes or sufficient conditions that help to determine the relevant relation between economic variables.
María Soledad Castaño; María Teresa Méndez; Miguel Ángel Galindo. The effect of public policies on entrepreneurial activity and economic growth. Journal of Business Research 2016, 69, 5280 -5285.
AMA StyleMaría Soledad Castaño, María Teresa Méndez, Miguel Ángel Galindo. The effect of public policies on entrepreneurial activity and economic growth. Journal of Business Research. 2016; 69 (11):5280-5285.
Chicago/Turabian StyleMaría Soledad Castaño; María Teresa Méndez; Miguel Ángel Galindo. 2016. "The effect of public policies on entrepreneurial activity and economic growth." Journal of Business Research 69, no. 11: 5280-5285.
ResumenLos economistas han estado tradicionalmente interesados en analizar los factores que estimulan el crecimiento económico y uno de los que se han contemplado es el papel desempeñado por los emprendedores. Ahora bien, en este análisis es necesario también contemplar cómo se ve afectado el progreso económico y también la justicia distributiva. Habitualmente se ha considerado que crecimiento y progreso eran sinónimos, pero siguiendo a Holcombe (2007) cabe distinguirlos ya que el primero está relacionado con la cantidad de producto mientras que el progreso económico lo está con la calidad del producto. Ello es importante porque algunas de las medidas de política económica diseñadas para favorecer el crecimiento pueden generar problemas, por ejemplo, desigualdad, que habrá que solucionar, por ejemplo a través de un «principio de compensación» para evitar que la justicia distributiva y el progreso se vean perjudicados. El objetivo de este artículo es analizar estas cuestiones. Para ello comenzaremos refiriéndonos a la relación que existe entre crecimiento y progreso económicos, para pasar después a centrarnos en los aspectos de la justicia distributiva y a exponer algunas medidas a llevar a cabo para favorecer a ambos desde el ámbito de la política económica.AbstractEconomists have traditionally been interest in analyzing economic growth enhancing factors. Entrepreneurship is one of factors considered by economists. However, in this analysis is also necessary to be considered how economic progress and distributive justice are affected. Usually economic growth and progress have been considered as synonymous, but following Holcombe (2007) it is possible to distinguish them since the former is related to the amount of product while economic progress is related to the quality of the product. This is important because some of the economic policy measures designed to promote economic growth can generate problems, for example, inequality. These problems could be solved, for example through a “compensation principle” to avoid that distributive justice and progress will be harmed. The aim of this article is to analyze these issues. We will begin considering the relationship between economic growth and progress in order to focus on the aspects of distributive justice and to design some economic policy measures to enhance economic growth and progress
Miguel-Angel Galindo-Martín; Maria Teresa Mendez Picazo; Maria-Soledad Castaño-Martínez. Crecimiento, progreso económico y emprendimiento. Journal of Innovation & Knowledge 2016, 1, 62 -68.
AMA StyleMiguel-Angel Galindo-Martín, Maria Teresa Mendez Picazo, Maria-Soledad Castaño-Martínez. Crecimiento, progreso económico y emprendimiento. Journal of Innovation & Knowledge. 2016; 1 (1):62-68.
Chicago/Turabian StyleMiguel-Angel Galindo-Martín; Maria Teresa Mendez Picazo; Maria-Soledad Castaño-Martínez. 2016. "Crecimiento, progreso económico y emprendimiento." Journal of Innovation & Knowledge 1, no. 1: 62-68.
Purpose – The purpose of this paper is to analyse the effects of some political measures on entrepreneurship to promote economic growth and employment, specifically, R & D policies, training, elimination of administrative barriers, access to finance support and promotion of entrepreneurial culture. Design/methodology/approach – Seven hypotheses are tested developing a latent variables model with data from 13 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden and UK) in 2012, using partial least squares estimation method. Findings – Greater expenditure on R & D by governments and universities, public investment in education and measures to stimulate entrepreneurial culture have a positive effect on entrepreneurship. Furthermore, countries with complex legal systems which regulate the start-up of an economic activity and where access to credit is complicated, present lower levels of entrepreneurship. Societies with a greater number of innovative entrepreneurs present higher levels of entrepreneurial activity and economic performance. Finally, human capital and entrepreneurial activity positively affect economic performance in the case of the European countries studied in the sample. Practical implications – The results obtained in the paper would facilitate the design of measures to stimulate to entrepreneurs and improve economic performance. Originality/value – Several factors, qualitative and quantitative, have been considered in the analysis that they have not traditionally included in the analysis of the entrepreneurship behaviour taking into account the role played by the policy makers measures to improve such behaviour.
Maria-Soledad Castaño-Martínez; Maria Teresa Mendez Picazo; Miguel-Angel Galindo-Martín. Policies to promote entrepreneurial activity and economic performance. Management Decision 2015, 53, 2073 -2087.
AMA StyleMaria-Soledad Castaño-Martínez, Maria Teresa Mendez Picazo, Miguel-Angel Galindo-Martín. Policies to promote entrepreneurial activity and economic performance. Management Decision. 2015; 53 (9):2073-2087.
Chicago/Turabian StyleMaria-Soledad Castaño-Martínez; Maria Teresa Mendez Picazo; Miguel-Angel Galindo-Martín. 2015. "Policies to promote entrepreneurial activity and economic performance." Management Decision 53, no. 9: 2073-2087.
María-Soledad Castaño; María-Teresa Méndez; Miguel-Ángel Galindo. The effect of social, cultural, and economic factors on entrepreneurship. Journal of Business Research 2015, 68, 1496 -1500.
AMA StyleMaría-Soledad Castaño, María-Teresa Méndez, Miguel-Ángel Galindo. The effect of social, cultural, and economic factors on entrepreneurship. Journal of Business Research. 2015; 68 (7):1496-1500.
Chicago/Turabian StyleMaría-Soledad Castaño; María-Teresa Méndez; Miguel-Ángel Galindo. 2015. "The effect of social, cultural, and economic factors on entrepreneurship." Journal of Business Research 68, no. 7: 1496-1500.
This study analyzes some of the determinants of product innovation in the case of entrepreneurs from the transformation industries, using a model estimated via the Partial Least Square method, to establish whether these determinants change according to whether they are found in developed or developing countries. Such factors include human capital, technology, the degree of market competition, expectations or economic performance. The research also analyzes the effects these factors have on product innovation and some of the determining factors for innovation in the internationalization of entrepreneurial businesses from the transformation industries.
Maria-Soledad Castaño-Martínez. Product innovation and R&D policy: the case of the transformation industries in developed and developing. International Entrepreneurship and Management Journal 2012, 8, 421 -436.
AMA StyleMaria-Soledad Castaño-Martínez. Product innovation and R&D policy: the case of the transformation industries in developed and developing. International Entrepreneurship and Management Journal. 2012; 8 (4):421-436.
Chicago/Turabian StyleMaria-Soledad Castaño-Martínez. 2012. "Product innovation and R&D policy: the case of the transformation industries in developed and developing." International Entrepreneurship and Management Journal 8, no. 4: 421-436.
Specialized literature shows that internationalization, innovation, and entrepreneurship have positive effects on economic growth. Moreover, there is a positive relationship between them. In addition, female entrepreneurship is a key contributor to economic growth, not only by its creation of wealth and employment, but by the diversification of entrepreneurial activity. Nevertheless, evidence shows that female entrepreneurs are less likely to export and to participate in research and technology. The goal of this chapter is to contribute to the knowledge of entrepreneurial behavior, separating by gender. Special attention will be given to the gender-related differences in innovation and internationalization of entrepreneurs. To achieve this goal, we use a dataset of 42 countries from 5 continents that participated in Global Entrepreneurship Monitor in 2008. This study is an original large-scale empirical study about gender and entrepreneurial performance, focused on innovation and internationalization.
Edward Nissan; Inmaculada Carrasco; María-Soledad Castaño. Women Entrepreneurship, Innovation, and Internationalization. Women’s Entrepreneurship and Economics 2011, 125 -142.
AMA StyleEdward Nissan, Inmaculada Carrasco, María-Soledad Castaño. Women Entrepreneurship, Innovation, and Internationalization. Women’s Entrepreneurship and Economics. 2011; ():125-142.
Chicago/Turabian StyleEdward Nissan; Inmaculada Carrasco; María-Soledad Castaño. 2011. "Women Entrepreneurship, Innovation, and Internationalization." Women’s Entrepreneurship and Economics , no. : 125-142.
This paper contributes to the existing debate on the determinants of non-profit activity. The main theories have been centered in (1) the study of the individual behavior of people (donors, non-profit entrepreneurs), (2) one single factor or (3) one single country. To quantify this approach, data for 38 countries have been used, extracted from World Values Survey, United Nations Development Program and Global Entrepreneurship Monitor. A structural modeling approach based in partial least squares (PLS) has been applied. The results provide evidence of the strength of environmental factors such as trust, economic development and social care public expenditures in non-profit activity. The model doesn’t confirm the existence of a positive relationship between entrepreneurship and non-profit activity. Nevertheless, the authors consider that the supply side theories and the idea of spatial production of entrepreneurship are quite consistent and find some signs evidencing a positive relationship between these variables.
Edward Nissan; Maria-Soledad Castaño; Inmaculada Carrasco. Drivers of non-profit activity: a cross-country analysis. Small Business Economics 2010, 38, 303 -320.
AMA StyleEdward Nissan, Maria-Soledad Castaño, Inmaculada Carrasco. Drivers of non-profit activity: a cross-country analysis. Small Business Economics. 2010; 38 (3):303-320.
Chicago/Turabian StyleEdward Nissan; Maria-Soledad Castaño; Inmaculada Carrasco. 2010. "Drivers of non-profit activity: a cross-country analysis." Small Business Economics 38, no. 3: 303-320.
The main goal of this paper is to analyse the relationship between social capital and economic growth taking into account the role of fiscal policy from theoretical and empirical points of view. To achieve this goal, “Human Capital and Public Capital Effects on Economic Growth” is focused on the effects of two traditional factors: human capital and public capital effects on economic growth. “Social Capital Effects on Economic Growth” considers qualitative variables introducing some socioeconomic effects on economic growth process analysis. In this case, social capital the main variable will be considered. “Empirical Analysis,” an empirical analysis is developed considering the case of European countries prior to the EU enlargement. Finally, in Conclusions,” the main conclusions will be resumed.
Maria-Soledad Castaño. The Influence of Socioeconomic Factors on Economic Growth. International Advances in Economic Research 2007, 13, 139 -145.
AMA StyleMaria-Soledad Castaño. The Influence of Socioeconomic Factors on Economic Growth. International Advances in Economic Research. 2007; 13 (2):139-145.
Chicago/Turabian StyleMaria-Soledad Castaño. 2007. "The Influence of Socioeconomic Factors on Economic Growth." International Advances in Economic Research 13, no. 2: 139-145.