We develop the institutional configuration perspective to understand which national contexts facilitate social entrepreneurship (SE). We confirm joint effects on SE of formal regulatory (government ...activism), informal cognitive (postmaterialist cultural values), and informal normative (socially supportive cultural norms, or weak-tie social capital) institutions in a multilevel study of 106,484 individuals in 26 nations. We test opposing propositions from the institutional void and institutional support perspectives. Our results underscore the importance of resource support from both formal and informal institutions, and highlight motivational supply side influences on SE. They advocate greater consideration of institutional configurations in institutional theory and comparative entrepreneurship research.
Die Familie gilt gemeinhin als eine geradezu archetypische Verkörperung von Solidargemeinschaft. Hierbei sollte jedoch nicht in Vergessenheit geraten, dass die Familie nicht nur ein «Hafen in einer ...herzlosen Welt» ist, sondern zugleich die Rolle einer zentralen Akteurin der gesellschaftlichen Reproduktion von ungleichen Lebenschancen und gesellschaftlichen Hierarchien spielt. Dieses Janusgesicht von Solidarität nach Innen und Selbstbehauptung und Reproduktion von ökonomischen und symbolischen Gütern nach Aussen, das durch Eduard von Hartmann treffend auf den Begriff Familienegoismus gebracht wurde, bringt die elementare Doppeldynamik von gesellschaftlicher Schliessung und Ausschliessung geradezu in Reinform zur Geltung.
This paper analyzes waves in international capital flows. We develop a new methodology for identifying episodes of extreme capital flow movements using data that differentiates activity by foreigners ...and domestics. We identify episodes of “surges” and “stops” (sharp increases and decreases, respectively, of gross inflows) and “flight” and “retrenchment” (sharp increases and decreases, respectively, of gross outflows). Our approach yields fundamentally different results than the previous literature that used measures of net flows. Global factors, especially global risk, are significantly associated with extreme capital flow episodes. Contagion, whether through trade, banking, or geography, is also associated with stop and retrenchment episodes. Domestic macroeconomic characteristics are generally less important, and we find little association between capital controls and the probability of having surges or stops driven by foreign capital flows. The results provide insights for different theoretical approaches explaining crises and capital flow volatility.
► We develop a new method to identify episodes of extreme capital flow movements. ► Using gross instead of net flows yields very different results than previous work. ► Global factors, especially global risk, are correlated with all types of episodes. ► Contagion through trade, banking and region are correlated with certain episodes. ► Domestic factors are less important. Capital controls do not reduce capital waves.
Prior studies demonstrate the role of various facets of CEOs’ individual characteristics in shaping a firm’s entrepreneurial orientation (EO). We complement this line of research by theorizing and ...testing the impact of CEOs’ social capital on EO. From an original, multisource survey data set of 122 Chinese technology firms, we find that a CEO’s bonding social capital with organizational members from various functional units has an inverted U-shaped relationship with firm EO, while the CEO’s bridging social capital with the firm’s diverse set of external stakeholders has a positive association with EO. In addition, we find that the relationship between CEO bridging social capital and EO becomes stronger as the firm’s environmental instability increases.
Are capital controls and macroprudential measures related to international exposures successful in achieving their objectives? Assessing their effectiveness is complicated by selection bias; ...countries which change their capital-flow management measures (CFMs) often share specific characteristics and are responding to changes in variables that the CFMs are intended to influence. This paper addresses these challenges by using a propensity-score matching methodology. We also create a new database with detailed information on weekly changes in controls on capital inflows, capital outflows, and macroprudential measures related to international transactions from 2009 to 2011 for 60 countries. Results show that these macroprudential measures can significantly reduce some measures of financial fragility. Most CFMs do not significantly affect other key targets, however, such as exchange rates, capital flows, interest-rate differentials, inflation, equity indices, and different volatilities. One exception is that removing controls on capital outflows may reduce real exchange rate appreciation. Therefore, certain CFMs can be effective in accomplishing specific goals—but most popular measures are not “good for” accomplishing their stated aims.
Batch operation of reverse osmosis (RO) has been proposed as a method to reduce seawater RO (SWRO) energy consumption and fouling propensity. In this paper, we use a transient numerical model of the ...RO process to investigate the impact of several practical loss mechanisms on the overall energetic performance of batch SWRO compared to a conventional continuous system. A critical variable that controls the energetic advantage of batch RO is the reset time between cycles. A large reset time necessitates higher operating flux and therefore results in increased energy consumption. On the other hand, ensuring a low cycle reset time requires higher energy for the refilling process. A batch SWRO design with an atmospheric pressure feed tank and pressure exchangers for energy recovery does not show promise for energy savings. Batch SWRO must be designed with a large number of short pressure vessels (with fewer membranes each) and lower energy recovery losses (e.g., by using pressurized feed storage) in order to reduce energy consumption by up to 8%. These modifications are more complex and hence capital expenses would determine the overall feasibility of such designs to improve seawater desalination.
•Batch RO design should minimize volume of tank and tubes.•Flux during cycle time must be high to compensate for idle time during cycle reset.•Faster flow during cycle reset is necessary but this consumes significant energy.•A retrofitted continuous SWRO plant operated in batch mode cannot save energy.•Designs with pressurized feed storage and short channel length are promising.
Recent years have seen a surge of interest in Marxian political economy and especially Marx’s great work Capital. 150 years after the book’s original publication, are there readings of Capital that ...can help us find new pathways to progressive or revolutionary change? In this wide-ranging new volume, leading thinkers reflect on Capital’s legacy, its limitations and its continuing relevance for today, highlighting issues including ecology, gender, race, labour, communism, the ‘Third World’ and imperialism. The contributors also aim to identify the connections between Capital and various socialist projects of the past, and draw lessons from those experiences that might contribute to the reinvention of socialist politics today. Contributors include: Ingo Schmidt, Carlo Fanelli, William Pelz, Anej Korsika, Prabhat Patnaik, Silvia Federici, Paul Thompson, Chris Smith, Peter Gose, Justin Paulson, Jeff Noonan, Hannah Holleman and Peter Hudis.
Formålet med lærerspesialistordningen og utdanningen var å gi lærere faglige utviklingsmuligheter og å styrke det kollektive profesjonsfellesskapet. I denne artikkelen løfter vi frem hvordan ti ...lærerspesialiststudenter i kroppsøving reflekterer over profesjonsutvikling og profesjonsfellesskap. Empirien er studentenes eksamenstekster. Vi analyserer tekstene med utgangspunkt i Hargreaves og Fullans forståelse av sosial kapital.Studien viser hvordan informantene vektlegger profesjonsfellesskapet ved sin egen skole og lærerspesialiststudiet som sentralt for profesjonsutviklingen, men at de opplever ulik grad av støtte fra ledelsen og fagkollegaene på skolen. Flere av informantene savner bedre strukturer for å sikre kroppsøvingslærerne et refleksjonsfellesskap som kan bidra til profesjonsutvikling.Et hovedfunn er at lærerspesialiststudiet har blitt opplevd som et faglig utviklende refleksjonsfellesskap der nye faglige perspektiver ble tatt i bruk for å reflektere over problemstillinger knyttet til studentenes profesjonsutøvelse. Det kan ha bidratt til å styrke den samlede sosiale kapital knyttet til kroppsøving på den enkelte skole.