Articles (peer-reviewed)
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Your innovation or mine? The effects of partner diversity on product and process innovation
Co authors : Delgado-Marquiz, B and Pedauga, L
Journal of Product Innovation Management, August 2023
Despite a fundamental revolution in digital technology, along with an ancillary reduction in the cost of transmitting knowledge, the innovation literature on knowledge collaboration continues to hold on to the spatial localization of knowledge collaboration as a truism Drawing on the open innovation literature and knowledge-based view of firm innovation, this study explores key boundary conditions affecting the relationship between research and development (R&D) collaboration breadth, and product and process innovation
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Geography and persistence of entrepreneurship in Russia
Co authors : Tsareva, Y , & Zemtsov, S Regional Studies, 1-20 2023
Can entrepreneurial activity be stronger and more persistent than the continuity of socialist institutions? The answer to this question is overwhelmingly positive Using the historical data on entrepreneurship, retail trade and cooperatives in Russian regions, this study shows a strong persistence of entrepreneurship activity in Russia during the period 1926–2018, while we also evidence that the restructuring of the Soviet economy resulted in a structural break in the 1970s By distinguishing three periods of 1998–99, 2000–07 and 2008–18 since the transition started, we demonstrate that the historical persistence of entrepreneurship is not constant and may change from one period to another
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Geography of knowledge collaboration and innovation in Schumpeterian firms
Co authors : Audretsch, D B Regional Studies, Pages 821-840, 2023
We put geographical proximity and type of knowledge collaboration partner as two boundary conditions for innovation in Schumpeterian firms Extending the evolving literature on knowledge collaboration and regional studies, we use an innovation survey of 1251 Schumpeterian firms from 2002 to 2014 in the UK to examine this relationship The results show that Schumpeterian firms achieve greater returns to knowledge collaboration in spatial proximity and with suppliers and customers, while the effects change with the partner type and between macro-regions in the UK: Wales, Scotland, Northern Ireland and London
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Effects of open innovation in startups: Theory and evidence
Co authors : Audretsch, D B , Caiazza, R , & Siegel, D
Technological Forecasting and Social Change ,194, September 2023
A robust literature has provided compelling evidence showing how open innovation impacts incumbent firms However, only a paucity of research has linked open innovation strategies to different types of innovation in startups This paper fills this gap in the literature by focusing on if, how and why open innovation enhances innovative activity in newly created firms In particular, the paper examines how the role of both the specific external partner as well as the geographical location of partner matters in how product and process innovation is shaped in startups
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Collaboration strategies and SME innovation performance
Co authors : Audretsch, D. B., Caiazza, R., & Phan, P.
Journal of Business Research, 164, September 2023
There is a growing recognition that collaboration is a key source of new knowledge and innovation in small and medium-sized enterprises (SMEs) Bridging the gap in the open innovation in SMEs literature on returns to open innovation our study demonstrates that a type of partner and its geographical proximity predict innovation performance in SMEs. Controlling for selection bias and endogeneity and using the panel data on 9,213 SMEs in the United Kingdom (UK) during 2002–2014, we found that collaboration with suppliers and customers domestically and internationally, collaboration with universities domestically and competitors internationally facilitate innovation in SMEs
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
The role of institutions and entrepreneurial intentions in national ecosystems of entrepreneurship
Co authors : Rejeb, N
Revue de l’Entrepreneuriat (Hors Série 2), 27-46, 2023
We investigate how institutions a crucial ingredient of national entrepreneurial ecosystems affect entrepreneurial intention latent entrepreneurship activity We discuss how the combination of formal and informal institutional conditions, related to government size, taxation and corruption, shape entrepreneurial intentions in national entrepreneurial ecosystems We apply a mixed process estimation of simultaneously unrelated systems of equations to an unbalanced panel of 76 countries during 2005-2015
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
How to secure an innovation grant for firms in new industries? Gender and resource perspectives
Co authors : Audretsch, D., & Brush, C International Journal of Entrepreneurial Behavior & Research, 2023
Research on financing for entrepreneurship has consolidated over the last decade However, one question remains unanswered: how does the combination of external finance, such as equity and debt capital, and internal finance, such as working capital, affect the likelihood of grant funding over time? The purpose of this study is to analyse the relationship between different sources of financing and firms' ability to fundraise via innovation grants and to examine the role of female chief executive officer (CEO) in this relationship Unlike equity and debt funding, innovation grants manifest a form of innovation acknowledgement and visibility, recognition of potential commercialization of innovation
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Organizational scaling: The role of knowledge spillovers in driving multinational enterprise persistent rapid growth.
Co authors : Martin, J., Stettler, T., & Wales, W. Journal of World Business, 58(5), 2023
Based on insights from the spillover, international business, and knowledge management literatures, we study factors that enhance multinational enterprise (MNE) scaling and growth Viewing MNEs and their employees as potentially rich knowledge sources, we draw attention to MNE-to-MNE knowledge spillover which fuel MNE scaling throughout organizations and employ panel data spanning 44,256 foreign and 21,246 domestic MNEs during 2004-2017 Our results show that (a) foreign MNEs benefit from depth and breadth of organizational knowledge spillover available in a geographic region, (b) domestic MNEs benefit from the depth of human capital knowledge spillover, and surprisingly, (c) domestic ownership hampers MNE scaling
Maksim Belitski
Professor of Entrepreneurship and Gerald N. Gaston Eminent Chair in Entrepreneurship
Natural resources, quality of institutions and entrepreneurship activity
Co authors : Medase, S., Ahali, A. Resources Policy, 83, 103592, 2023
Our contribution to resource policy is twofold First, we examine the effect of a rise in natural resource rent on entrepreneurial activity using the context of subSaharan Africa– a region rich in natural resources Second, we demonstrate that facilitating institutional quality in a country will also shape how the availability of natural resources affects entrepreneurial activity
Maksim Belitski
Professor of Entrepreneurship and Gerald N. Gaston Eminent Chair in Entrepreneurship
Innovation in Family Firms: Theories and Perspectives
Co authors : M., Rejeb, N., Mothe, C. & Moog, P
Revue de l’Entrepreneuriat, S1, 11-20, 2023
Maksim Belitski
Professor of Entrepreneurship and Gerald N Gaston Eminent Chair in Entrepreneurship
Entrepreneurial ecosystems, institutional quality, and the unexpected role of the sustainability orientation of entrepreneurs
Co authors : Audretsch, D B , Eichler, G M , & Schwarz, E
Small Business Economics, 1-20, 2023
While research on entrepreneurship and entrepreneurial ecosystems (EEs) has consolidated over the last decade, one question remains unanswered: how can the sustainability orientation of EE actors facilitate the intensity and growth orientation of entrepreneurship in the ecosystem? Entrepreneurship activity relies on the sustainability orientation of the ecosystem, which is lacking in most developing countries where reaching the UN’s Sustainable Development Goals (SDGs) is the most pressing concern
Alessandro Braga
Research Scholar in International Business
Conceptualising performance in public services coproduction: from ideas to measures in neighbourhood watch schemes
Co authors : Sorrentino, D , Ruggiero, P & Mussari, R
Journal of Public Budgeting, Accounting & Financial Management, 21 May 2024
This paper delves into a pivotal juncture within the co-production literature, intersecting with the ongoing debate about performance challenges in public sector accounting scholarship It explores how public managers conceive and measure the performance of co-produced public services
Alessandro Braga
Research Scholar in International Business
New development: Mitigating disvalue through a material understanding of public value co-creation.
Co authors : Sancino, A , Corvo, L & Giacomini, D
Public Money & Management, 2023
This article introduces a strategy that can be used by managers to (co)design, (co)analyse and (co)assess processes of public value co-creation Actions for implementation by public managers are also recommended, such as keeping a register of co-creation processes; describing the settings and the material relations among the actors taking part in co-creation; and accounting over time for the material effects of co-creation processes Watchdogs and civil society organizations should be monitoring the effects of public value co-creation processes from a material perspective
Alessandro Braga
Research Scholar in International Business
Civic Leadership for a transformative social economy. A comparison of city leadership constellation in Italy & UK.
Co authors : Sancino, A., Pagani, M., Corvo, L., & Scognamiglio, F.
Social Economy Science: Transforming the Economy & Making Society More Resilient. Oxford University Press, 2023
Highlights the importance of social economy science as a means of addressing the biggest societal challenges
Alessandro Braga
Research Scholar in International Business
How can technology advance the public administration discipline in Higher Education? A comprehensive analysis of the U.S. scenario
EdTech Economy and the Transformation of Education, 2022
This study investigates the contribution of technology in the public administration discipline by illustrating how and why public administration and technology are connected A qualitative thematic analysis conducted using a sample of U S public affairs schools/colleges sheds light on the main topics of technologyrelated courses in the United States academia The findings seem to confirm the positive interest in integrating technology in the public administration discipline
In particular, the top U S public affairs/administration colleges provide a variety of technology-related courses The main topics covered are cybersecurity, big data, and information technology, among others Nevertheless, the analysis stresses the importance of considering the dark side of technology tools applied to the public sector Indeed, the critical theoretical review discusses some major concerns regarding accountability, bias decisions, discrimination, and inequality
Alessandro Braga
Research Scholar in International Business
Transitioning towards remote working: the challenge of the Peruvian Civil Service Authority in midst of the Covid19 pandemic
ASPA – Section on International and Comparative Administration –Occasional paper Series, 2022
This research aims at discussing how Peru is dealing with the COVID-19 pandemic by presenting the case of the Peruvian National Civil Service Authority (SERVIR) in the effort of wide-spreading remote working In particular, the paper will focus on the 2020 Peruvian Government policy about introducing a legal framework for remote working
Alessandro Braga
Research Scholar in International Business
Understanding Public Value Co-Creation from a Place Perspective.
Co authors : Sancino, A
Public Value Co-Creation – A Strategic Map for Public Managers. Bingley: Emerald Group Publishing, 2022
This chapter investigates public value co-creation by researching how people make experience of public value creation across sectors and from a place perspective The study draws on a qualitative thematic analysis conducted on a crowdsourced dataset of more than 1,000 case examples of place leadership provided across three years (2017–2019) by a sample of students The results identify 21 themes (ways of co-creating public value from four realms of placebased leadership – political, community, managerial and business) We contribute to public value co-creation by better understanding what are (or might be) the contributions and the rewards to engage public, private non-profit and citizens in processes of co-creation within collaborative governance
Alessandro Braga
Research Scholar in International Business
What can city leaders do for the climate change? Insights on boundary arrangements from the C40 network.
Co authors : Sancino, A , Stafford, M , & Budd, L Regional Studies, 56(7), 1224-1233, 2022
This paper sheds light on what city leaders can do about climate change in the context of the complex extra-territorial challenges they face We created an original database of those actions implemented by members of the C40 Cities Climate Leadership Group and investigated which boundary organizations, objects and experiences (‘boundary cooperative arrangements’) can be triggered to undertake climate change actions by city leaders Through a secondary qualitative analysis, we identified six main actions The research advances knowledge on both place leadership and collaborative governance, and the findings represent a tool for better tackling the ‘wicked problem’ of climate change
Alessandro Braga
Research Scholar in International Business
Which EU Governance in a Post Covid-19 era? A
Debate over Possible Scenarios
Co authors : Mori, E & Zuffada E
European Journal of Economics, Finance and Administrative Sciences, 109, 14-28, 2021
This article aims at discussing different pathways of EU governance in a post Covid-19 era This topic is of particular relevance, because it arises from the widespread recognition that Europe is experiencing a governance crisis, which has become particularly challenging during the last decade Therefore, this contribution starts from examining two main facts that can explain the governance crisis of the European Union: the debate over the sovereignty and the alleged crisis of Nation-States It considers two alternative scenarios, which the European Union must face in a post Covi-19 era
Alessandro Braga
Research Scholar in International Business
The strategic governance of the digital transformation of the accounting environment: insights from virtual museums in Italy
Co authors : Esposito P , Sancino, A & Ricci, P Meditari Accountancy Research, 31(2): 366-380, 2021
This paper aims to investigate the strategic governance of the digital transformation of the accounting environment in cultural organizations, with a specific focus on practices of social responsibility and stakeholder engagement in virtual museums
Alessandro Braga
Research Scholar in International Business
New Development: COVID-19 and its Publics –Implications for Strategic Management and Democracy
Co authors : Sancino, A., Garavaglia, C., Sicilia, M. Public Money & Management, 41(5), 404-407, 2021.
This article discusses the concept of ‘publics’ and provides a case example related to Covid-19 to show the importance of strategically managing with and for publics Specifically, the publics of local governance in lockdown are identified from two focus groups with local leaders conducted in Lombardy, Italy Identifying, designing and visualizing publics is a key democratic and strategic choice with implications on the public values enacted
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business Weak vs Strong Knowledge Spillover Effects. Evidence from Geographic Distribution of Innovative Startup in Italy
Co authors : Pede, V
Review of Regional Studies, 54-2:163-191, August 2024
This paper introduces the concepts of weak and strong knowledge spillover effects within the context of the Knowledge Spillover Theory of Entrepreneurship In this context, the fundamental idea of our proposition is to provide a comprehensive analysis of the factors and conditions promoting and supporting entrepreneurship development at the regional and provincial level using a unique unbalanced panel database, consisting of 9242 Italian Innovative startups for the period 2008-2018
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Missing links of knowledge spillover effects on firm intensity and regional development.
Small Business Economics, Volume 63, pages 1721–1745, 2024
This paper investigates the presence and extent of missing links that prevent the transmission and condition the flow of knowledge spillover effects (KSE) across space and time Findings using a comprehensive database composed of 9242 innovative startups from Italy covering the period 2008–2018 and all 20 geographic regions as well as all economic sectors at the 2-digit level of aggregation indicate that missing links related to observed differences in industry structures and availability of pools of skilled human capital amount for large and persistent differences in terms of firm intensity differential across neighboring regions
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Mapping Sustainable Human Resource Management in Latin America: Future Directions
Co authors : Madero, S.M., Rubio Leal, Y.L., & Olivas-Luján, M.R.
Green Human Resource Management – A View from Global South West Countries. Springer Nature., 2023
Consequences of practicing sustainable Human Resource Management (HRM) are becoming visible in most sectors and industries In this paper we pay particular attention to sustainable HRM practices that integrate the pillars of the triple bottom line: economic, environmental, and social sustainability We performed a systematic literature review of articles published from 1996 to 2022, with a particular focus on Latin America (LATAM) Consequently, we analyze 1955 articles through VOSviewer, as well as data from web of science The primary objective of this paper is to construct an analytical framework upon which future studies can research the consequences of sustainable HRM practices in LATAM
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business Knowledge Spillovers Effects, Firm Productivity and Regional formation of Innovative Startups: Evidence from Italy
Co authors : A Capocchi, and S Trejos
Review of Regional Studies, Vol. 53, Issue 2, 2023
This paper analyzes the determinants and effects of technological catch-up and knowledge spillover effects on employment productivity in the Innovation Startup Segment in Italy using a sample of 260 Innovative Startup companies Estimates indicate that regional specialization provides the highest potential for employment productivity gains, while higher levels of competition and higher regional diversity suppress the prospects for knowledge spillover effects to develop
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Leverage and Firm Value
Co authors : Pratt, William., and M. Brigida
Economic Notes, July 2023
Three highly cited studies with over 6000 citations collectively report a negative relationship between the market value of the firm and leverage Such empirical findings clearly contradict the hypothesis of leverage adding value to the firm and an optimal capital structure that maximizes firm value these findings have yet to be resolved Employing a sample of 3,768 firms consisting of 39,015 observations, a stochastic frontier analysis was used to assess the relationship of leverage among other capital structure factors with firm value
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Financial (il)literacy and Individual Behavior. Evidence on credit card repayment patterns
Co authors : P. Bongini, and M. Rossolini
Financial Services Review, 2021
We explore the role that financial (il)literacy and personal traits have on financial behavior Using a sample of 156 college students from the United States, we provide unique empirical evidence by specifically differen- tiating between individuals with higher levels of financial literacy versus individuals declaring not knowing the answers to financial literacy questions and those answering incorrectly Thus, we assess the implications of revealed lack of financial knowledge on financial behavior regarding credit card use in comparison with two other cohorts; cohort one answering correctly, and cohort two failing to answer
correctly. A novelty of our study is that we contrast these results to the behavioral factors of over spending and surprised levels of spend- ing proxies for personality traits when using credit card
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business Producer Benefit Experience. Information Asymmetries and Value Exchange Processes
Co authors : W Pratt, and N Singh
International Journal of Business Environment, 2021
This study proposes the new concept of producer benefit experience (PBE) and argues that companies that educate their consumers about the externalities and utilise green practices to create value for their consumers rather than focusing on cost reduction will have higher chances of success That is, companies that incorporate green practices into their strategy can have sustained competitive advantage, increased performance, and profitability The uniqueness of this paper is that PBE concept is being discussed for the first time
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Innovative startups in Italy. Managerial challenges of knowledge spillovers effects on employment generation
Co authors : A. Capocchi
Journal of Knowledge Management, Vol 24. No 10 pp 2573-2596, 2020
This paper aims to investigate the impact of knowledge spillover effects (KSE) on employment levels using a sample of 245 Italian Innovative startup companies created as a result of the legislative changes of Law Decree 179/12 introduced in Italy in 2012
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
Technological Leadership and Sectorial Employment Growth: A Spatial Econometric Analysis for U.S. Counties
Co authors : Pede, Val , R Florax, H de Groot
Economic Notes, Vol 50 1, Feb 2021
This paper studies the determinants of technological catch-up considering spatial and sectoral aggregation of industries We investigate how geographical and technological proximity to the technology leader impact regional employment growth We model technological progress by means of a hierarchical process of catch-up to the technology leader We also incorporate measures for knowledge spillover effects to test the roles of competition, specialisation, and diversity at the industry level Empirical results using data at the county level for different economic sectors (2-dig NAICS) for the United States indicate that human capital
plays a crucial role in promoting sectoral employment growth The association between technological/geographical distance to the technology leader and employment growth varies across sectors
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
A contribution to the empirics of food price behavior: the case of rice price dynamics in Italy
Co authors : Gavinelli, L , Pede, V , Mazzucchelli, A and Di Gregorio, A
British Food Journal, 2020
The purpose is to detect the nonlinearity wholesale rice price formation process in Italy in the 1995–2017 period Wholesale rice prices are significantly affected by variations in the international price of rice as well as variations in Arborio price
Gustavo Barboza
Professor and Jack and Vada Reynolds Endowed Chair in International Business
An Empirical Estimation of the Value Added Impact of Lucca Comics & Games Festival on Hotels Performance
Co authors : Capocchi, A., DeMicco, F., and Vallone, C
Journal of Hospitality and Tourism Research, 2020
Our study aims at investigating how the “Lucca Comics & Games Festival” has grown to become a major revenue generator for the hotel industry and the overall Lucca economic activity Our study placed a specific interest in analyzing, estimating, and approximating the monetary impact of “Lucca Comics & Games Festival” on the hotel and hospitality segment, and provided extensions to the larger economic activity of the Lucca economy
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Reconsidering the Moral Dimension of Managerial Authority: A Review and Integrative Research Agenda
Co authors : Foss, Nicolai Academy of Management Annals, Vol 18, No 2, 2024
In our review, we identified two distinct approaches to managerial authority, namely bureaucratic theories and efficiency-based theories, each involving several variations (five and three, respectively) Drawing together themes from our review, we argue further that, given the many challenges facing managerial authority in a contemporary context, there is a need for an integrative theory of authority that both identifies complementarities between the differing dimensions of authority and attributes a fundamental role to the moral dimension
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
The Virtues of Joint Production: Ethical Foundations for Collaborative Organization
Co authors : Foss, Nicolai & Lindenberg, Siegwart Academy of Management Review, 49(1): 155-181, 2024
In this article, we identify novel ethical microfoundations of collaborative organizations, explaining the role of organizational ethics in supporting organization-level goals and good governance We draw upon virtue ethics, adopting a practice perspective on joint production to explain how standards of professional excellence and the virtues function so as to sustain commitment to organizational goals within collaborative organizations
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Organizations in the Space of Reasons
Philosophy of Management, 2024
Bounded rationality presents a challenge to the notion that virtue is a capacity for knowledge, suggesting that judgments concerning the salience of specific facts are, in some cases, an indication of one ’ s incapacity to appreciate the full range of normatively salient facts This problem can be mitigated by linking an account of the virtues with a theory of organizations From this perspective, virtue is inherently shaped by the norms structuring one ’ s role(s) and is linked to the complementary set of roles, that is, the organization, in which one is participating through the virtues of loyalty and obedience Within this perspective, human cognitive limitations are made to be strengths, allowing one to focus on a narrow set of reasons for action linked with one ’ s role to better achieve salient aims as a member of the organization than one could as an isolated individual
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Freedom, Markets and Moral Motivation: Towards a More Adequate Account of the Implicit Morality of the Market Journal of Human Values, 2024
The market failures approach is amongst the most influential theories of business ethics Its interest within the field is, in large part, a result of its rejection of moralism and any sort of applied ethics approach, favouring, in contrast, a focus on the institutionally embodied goal of economic activity, which it takes to be that of Pareto efficiency From this articulation of the goal, or purpose, of markets, a set of efficiency imperatives are derived that are taken to comprise the implicit morality of the market
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Toward a Constructive Critique of
Managerial Agency:
MacIntyre’s Contribution to Strategy as Practice
Philosophy of Management, 22: 539– 561, 2023
MacIntyre’s distinctive version of practice theory has already influenced strategy as practice research but his approach has further relevance to the field The MacIntyrean approach further focuses attention on joint production as an organization-wide practice that potentially encompasses and integrates suborganizational practices It also highlights the way that ordinary organization members engage in modes of praxis in order to integrate productive practices in the service of morally salient, organizational goals, facilitating collaboration and long-term value creation
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Value Creation and the Internal Goods of Business
Co authors : Couch, Robert
Frontiers in Sociology, 7: 1-10, 2023.
In his early work, Moore argues that business itself was a MacIntyrean practice He later rejected this view in response to criticisms from Beadle and others Most subsequent work, including that of Moore, adopted a view of organizations, including firms, as institutions that house a core practice We first recount Moore's early view, defend and it from various criticisms. We then briefly review research in management and finance arguing that this research supports a view of business consonant with Moore's early view Thus, we argue that business is a distinct practice that integrates various productive and auxiliary practices to facilitate mutually beneficial transactions
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Hegelian Reflections on Agency, Alienation, and Work: Toward an Expressivist Theory of the Firm
Philosophy of Management, 21: 523–544, 2022.
Hegel’s practical philosophy has important insights for understanding the ethical role of the firm in modern society. From a broadly Hegelian perspective, the firm’s role in society is to facilitate freedom, that is, the concrete realization of rational agency It does this by providing the institutional structures, norms, practices, and modes of discourse necessary for individuals to link their subjective aims with objectively valid societal aims, embodied in the firm’s purpose Accordingly, I first present a Hegelian account of the link between action and social structure, before arguing that the firm, when it functions properly, enables individuals to express their capacity for rational agency within concrete social contexts
Caleb Bernacchio
egendre Soule Endowed Chair in Business Ethics and Faculty Director of he Center for Ethics and Economic Justice
Does MacIntyre’s Moral Philosophy Require a Personalist Moral Psychology? MacIntyre and Tomasello on Moral sychology
rontiers in Communication – Organizational Psychology, 7: 1-9, 2022.
asdair MacIntyre has developed a theory of virtue ethics that is closely integrated th sociology and organization studies While rejecting reductive views of the rtues, MacIntyre appeals to their functional role in facilitating collaboration as a basis for justifying their normative requirements This raises the question of how agents within cooperative contexts come to appreciate their intrinsic value I argue that MacIntyre's account of the virtues is undergirded by an implicit personalist moral psychology
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
MacIntyre on Practical Reasoning: A Response to Patrick Byrne
International Philosophical Quarterly, 61(4): 481-494, 2022
Patrick Byrne argues that MacIntyre’s account of practical reasoning is inadequate because it is based upon a notion of flourishing that places too much emphasis on impersonal facts, likewise because it is excessively focused on means without considering the role of desire for ends, and because it is does not account for the role of feelings in explaining how knowledge of ends is attained In this essay, I argue that MacIntyre’s account provides adequate responses to each of these concerns But more broadly, I argue that Byrne is right to suggest that a Lonerganian perspective offers important insights that can extend MacIntyre’s
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Self-Authorship through Mutual Benefit: Toward a Liberal Theory of the Virtues in Business Business Ethics Quarterly, 2023.
This article develops a liberal theory of the virtues in business I first articulate two key liberal values embodied within market society: self-authorship and mutual benefit Self-authorship is a mode of autonomy given expression through the effective exercise of economic liberties Mutual benefit involves the intentional pursuit of the well-being of one ’ s transaction partners within economic exchange These values are uniquely realized, I argue, within business, conceptualized as a distinct, firm-level, social practice
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
Business and the Ethics of Recognition
Journal of Business Ethics, 185: 1-16, 2023
Recognition is a fundamental good that corporations ought to give to employees, a good that is essential to their well-being, and thus, recognition should be among the central notions in our understanding of organizations and in any theory of business ethics Drawing upon the work of Philip Pettit and Robert Brandom as well as themes from instrumental stakeholder theory, I develop a complex notion of recognition involving both status recognition and capacity recognition and argue that this account meets three fundamental desiderata of any adequate account of business ethics
Caleb Bernacchio
Legendre Soule Endowed Chair in Business Ethics and Faculty Director of the Center for Ethics and Economic Justice
The
Virtues
of Covid 19: How Working from Home Can Make Us the Best (or Worse) Versions of Ourselves
Co authors : Rocchi, Marta Business and Society Review Ethics Journal, 127(3): 685-700, 2022
The combined effect of technological innovations in the workplace and the lockdowns imposed by the COVID-19 pandemic has rapidly increased the prominence of remote working, with an undeniable impact on both business and society In light of this organizational and sociological change, this article analyzes how this renewed work environment can be the place where workers can develop several relevant virtues, specifically moderation, integrity, and mercy
Mazhar Islam
Assistant Professor of Management and holder of the Thomas H and Catherine B Kloor Professorship in Entrepreneurship and Small Business
Supporting Refugees: An Entrepreneurial Resourcefulness Approach.
Co authors : Hans RawhouserLisa Jones Christensen, Elizabeth Embry, Trenton A Williams, Michael Conger, and Cindy Trussel Journal of Business Venturing Insights, Volume 22, 2024
This rapid research paper seeks to aid Lighthouse Charities (LC), a Las Vegasbased refugee-sponsoring organization Rather than channeling all refugees toward entrepreneurship, LC utilizes a two-pronged entrepreneurial resourcefulness approach LC creates refugee-focused work integration social enterprises (WISEs) and also supports refugee clients as entrepreneurs
Mazhar Islam
Assistant Professor of Management and holder of the Thomas H and Catherine B Kloor Professorship in Entrepreneurship and Small Business
Insider
Trading Profitability in Geographically Diversified Firms: Does Managerial Ability Matter?
Co authors : Chen Li, and Shantanu Dutta
Applied Economics Letters, 1-10, 2024
We examine the impact of managerial ability on insider trading profitability within geographically diversified firms, where operational complexity can potentially increase insider advantages We analyse a sample of 54,899 insider purchase transactions and find that higher managerial ability significantly reduces the positive relationship between geographical diversification and insider trading profitability
Mazhar Islam
Assistant Professor of Management and holder of the Thomas H and Catherine B Kloor Professorship in Entrepreneurship and Small Business
Old vs. Young Nations: Opportunities and Challenges for Entrepreneurs.
Co authors : Alfred Marcus
Entrepreneur & Innovation Exchange, 2022
This article explains how worldwide demographic changes are likely to affect entrepreneurship in the future Our observations are drawn from our recently published book entitled “Demography and the Global Business Environment ” The book is based on research that we have done, both independently and jointly, in the area of strategic management In the book, we provide much more detail on the topic below
Mazhar Islam
Assistant Professor of Management and holder of the Thomas H and Catherine B Kloor Professorship in Entrepreneurship and Small Business
The Role of Acquisition Experience in Acquirer-Advisor Relationship Formation.
Co authors : Carmen Weigelt, and Haemin D Park Advances in Mergers and Acquisitions, Volume 2, pp 85-116, 2022.
We consider conditions under which firms hire an intermediary advisor in acquisition deals Although acquirers pay large advisory fees to investment banks for their assistance in acquisitions, we know little about the conditions under which acquirers form a relationship with an investment bank for an acquisition deal Specifically, we examine the role of overall acquisition experience, acquisition experience specific to the target’s industry, prior relationship-specific experience, and deal size in relationship formation and continuation
Mazhar Islam
Assistant Professor of Management and holder of the Thomas H and Catherine B Kloor Professorship in Entrepreneurship and Small Business
Adapting to Global Demographic Deficits in Disproportionately Old Nations: Business Opportunities and Challenges.
Co authors : Alfred Marcus
California Management Review, December 2021
Disproportionately old nations such as Japan, Germany, and the U S start with many advantages, but they suffer from demographic deficits that arise because of rapid decline in their working-age population As these deficits rise, they must find the resources to care for the elderly effectively while nurturing the young adequately To manage, they need some combination of technological innovation that advances productivity with greater automation, and liberal immigration policies