A dynamic business modelling approach to design and experiment new business venture strategies

Business Modelling has evolved as a key activity to reflect new business venture strategy by framing the way a firm will operate and how it will function in achieving its goals (e.g., profitability, growth, innovation, social impact). However, scholars and practitioners have criticized the adoption of a too static perspective in the design and use of conventional Business Model representations. Such a static perspective prevents nascent entrepreneurs experimenting with their Business Models and, as a result, identifying the most effective strategies, especially in terms of business sustainability and profitability. In this paper, we argue that combining conventional Business Model schemas with System Dynamics modelling results in a strategy design tool that may overcome several limitations related to a static view of Business Model representation. Mapping the different key elements underlying value creation processes into a system of causal interdependencies – through the use of simulation – allows strategy analysts and entrepreneurs to experiment and learn how the business reacts to strategic and organizational changes in terms of performance, innovation and value creation. As such, Dynamic Business Models provide useful insights to strategy formulation and business venturing by capturing how critical Business Model elements interact to produce enduring competitive advantages over time.     

Fragmentierung sozialer Zugehörigkeit in Unternehmen durch Ökonomisierung

This article focuses on unintended consequences of internal-marketisation strategies on employees’ social belonging to companies. By the example of two case studies, it shows that internal marketisation may foster a fragmentation of social belonging, specifically reflected by established-outsider figurations within the workforce. Moreover, case-study results highlight the importance of “third actors”, e.?g. management, for the fragmentation of social belonging at company level. Therefore, competence building of third actors is required to prevent or effectively deal with fragmentation of social belonging at company level.     

Living in the shadow of occupation: Life satisfaction and positive emotion as protective factors in a group of Palestinian school children

Starting from perspectives on functioning and wellbeing, the aim of the present study was to investigate positive and negative affect, self-perceived life satisfaction and happiness in a group of 74 Palestinian children exposed to political violence. We hypothesized that the children in our sample would display generally satisfactory wellbeing and good functioning in terms of positive affect, life satisfaction and happiness, despite their negative life conditions. Both quantitative and qualitative analysis of the dimensions of participants' wellbeing was carried out. In particular, we explored the ecological dimensions affecting the wellbeing of Palestinian children through content analysis of narratives produced by the group of participants. Positive emotions were found to contribute to wellbeing and life satisfaction in children, acting as protective factors in dealing with daily violence. The children displayed a range of personal resources facilitated above all by the functioning community structure supporting them. Implications for clinical intervention are discussed.     

Executive remuneration standards and the “conformity gap” at controlled corporations

In this paper we analyze the relationship between conformity to executive remuneration standards, corporate ownership, and the level and structure of CEO compensation for large European listed companies in the years 2007 and 2010. We show that controlled corporations conform to executive remuneration standards less than widely held firms. We also show that weaker compliance is associated with lower CEO pay and more cash-based incentive structures. We interpret this “conformity gap” from the perspective of individual firms and from a societal perspective, with the aim to contribute to frame the policy questions concerning executive pay at controlled corporations. Different policy implications depend on whether the conformity gap reflects a lower need for managerial incentives, given the monitoring by controlling shareholders, or the latter’s willingness to extract private benefits of control. We argue in this paper that the former hypothesis prevails, so that regulators should abstain from increasing the level of enforcement of executive remuneration standards.     

The Construction of a Synthetic Index Comparing Multidimensional Well-Being in the European Union

For many years, the quantification and measurement of level of well-being in a society has become an object of study by researchers, economists, international organizations and institutions. The purpose of these researches and applications is mainly the collection of data as accurate and complete as possible, dictating the paths of economic and social development policies, in order to help the economic problem of allocating scarce resources within a community, where not all individual needs can be fully met. The present work is intended as a part of that field. It will undertake the construction of a composite index of multidimensional well-being, through an aggregation of data, able to balance the trade-off between immediacy and completeness of information and to trespass the limits that characterize the commonly used income related measures. The method of factor analysis, which aims at detecting a statistically sufficient number of variables, is used to represent most of the explained variance of the phenomenon. Results are tested with different aggregative processes. This analysis is applied to the reality of the European Union, characterized by deep transformation and cultural, economic and social inequalities.     

Some differences in revealed behaviour under different inquiry methods

The paper is devoted to the assessment of the relevance of the they-come-to-play effect (CTPE, defined in the text). It employs both a real-effort setting and a questionnaire. The effect proves to be significant, albeit the results cannot be generalized straightforwardly. From the comparison between the real-effort setting and the questionnaire it turns out that subjects are influenced by their political preferences only in the latter.     

Quality of Web-based Information on Pathological Gambling

The present study aims to evaluate the quality of web-based information on gambling and to investigate potential content quality indicators. The following key words: gambling, pathological gambling, excessive gambling, gambling problem and gambling addiction were entered into two popular search engines: Google and Yahoo. Websites were assessed with a standardized proforma designed to rate sites on the basis of “accountability”, “presentation”, “interactivity”, “readability” and “content quality”. “Health on the Net” (HON) quality label, and DISCERN scale scores aiding people without content expertise to assess quality of written health publication were used to verify their efficiency as quality indicators. Of the 200 links identified, 75 websites were included. The results of the study indicate low scores on each of the measures. A composite global score appeared as a good content quality indicator. While gambling-related education websites for patients are common, their global quality is poor. There is a need for useful evidence-based information about gambling on the web. As the phenomenon has greatly increased, it could be relevant for Internet sites to improve their content by using global score as a quality indicator.     

Evaluating technical efficiency of human capital formation in the Italian university: Evidence from Florence

This paper models the human capital formation in the Italian university and utilizes a measure of technical efficiency to estimate the output-efficiency of human capital formation in the University of Florence, by using Data Envelopment Analysis (DEA) on a selected set of inputs and outputs. It uses the Program Evaluation (PE) procedure as well, in an attempt to attribute shares of the variation in efficiency to factors that are beyond the control and factors that are under the control of the graduates and faculties. The authors thank two anonymous referees for their valuable comments.