Commerce and Financial Management

Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/215

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Start date: 2005End date: 2009

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Now showing 1 - 5 of 5
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    Revolution of digital communication and Asian competitive creativity chasm
    (2009) Wickramasinghe, C.N.; Ahmad, N.
    This study aims to identify changes that have taken place in the Asian technological creativity after the post-communication revolution of digital technologies. After examining the utility patent applications forwarded to the US Patent Office by 24 Asian countries between 1965 to 2007, the study partially supports the claim that the “digital communication revolution have influenced the competitive creativity development in Asia.” However, the development growth model is shaped like a snail shell, and digital technologies have not been the silver bullet that promoted the leapfrogging of creativity in stagnating countries. Information and communication technologies (ICT) should be considered as a means of technological learning rather than the end of creativity development. The challenge of strengthening stagnating Asian countries to become competitive and innovative nations will continue until the next decade. Unless necessary steps are taken to improve technological learning and local innovations in stagnating countries, their technological dependency will increase and thus deepen the marginalization in the coming eras.
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    Effective Website to Provide Total Customer Satisfaction: An Empirical Study on the public Quoted Companies in Sri Lanka
    (2005) Wickramasinghe, C.N.; Thanthiriwatta, D.N.
    The rapid development of Information and Communication Technology (ICT) along with the globalisation forced the firms to become online business seekers. Late 1990s Online businesses were opening up in each and every corner around the world. All the business activities, logistics, processing, selling and even payments were completed online. The study has identified that the recent trend in the online business in today’s business world is to search online and purchase offline. Hence website is the one that locks in the customer. An effective website should provide information what the customer is looking for, to give total customer satisfaction. This paper was conducted to fill the void in the research area on the online presence of public quoted companies in Sri Lanka. It was revealed that as Fortune 500s’ websites, majority of Sri Lankan company websites also are informational but the quality of way in which the content provided by them is questionable.
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    Women in management: Public and private sectors as sites of advancement in Sri Lanka
    (Sabaragamuwa University of Sri Lanka, 2006) Jayathilaka, L.
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    Venture idea newness, relatedness and performance in nascent ventures
    (Queensland University of Technology, Brisbane, Australia, 2009) Semasinghe, D.M.; Davidsson, P.
    The study of venture idea characteristics and their contextual fit are key research goals in entrepreneurship (Davidsson, 2004). In line with this, the present study investigated the importance of newness and relatedness in the venture idea on the venture creation process among nascent entrepreneurs. Progress in the venturing process is examined in terms of the pace of progress measured by the completion of gestation activities. Study hypothesized that venture idea newness slows down the venturing process and relatedness facilitates the venturing process. Results of 727 nascent entrepreneurs in Australia indicated that there is no support for the hypothesis that relatedness assists the gestation progress. Newness in terms of product/service is significant but, on the contrary to the expectation, has a positive impact on the venture creation progress.
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    Understanding venture idea newness, relatedness and change among nascent and young entrepreneurs
    (Queensland University of Technology, Brisbane, Australia, 2008) Semasinghe, D.M.; Davidsson, P.
    The entrepreneurial process involves all the functions, activities, and actions associated with the perception of opportunities and the creation of the organizations to pursue these opportunities (cf. Key, Foo and Lim, 2002). Shane and Venkataraman (2000) introduced entrepreneurship as a nexus between the opportunity and entrepreneurial individuals. Thus, opportunities are an important part and central to the entrepreneurial process. Following Davidsson (2003) we here use the concept ”venture idea” rather than ”opportunities”. Venture ideas are ideas for new products or services or bundles; introducing new price/value relations; imitative entry and entering new markets (Davidsson, 2003). This implies that venture ideas are the core ideas of an entrepreneur about what to sell, how to sell, whom to sell and how an entrepreneur acquire or produce the product or service which he/she sells. Timmons (1994) states that the finding a good idea is the first step in the task of converting an entrepreneur’s creativity in to an opportunity. Explaining the development of venture ideas or - as they are often called - ’opportunities’ is regarded as a key research goal in entrepreneurship (Davidsson, Hunter and Klofsten, 2006). For example, since the ideas have differentiating effects on the discovery and exploitation processes as well as on profitability and potential market impact the identifying and selecting the right venture ideas for new businesses are among the most important abilities of a successful entrepreneur (Ardichvili, Cardozo and Ray, 2003) Even though the opportunity, its recognition and exploitation have been extensively discussed and researched among researchers around the world (Bhave, 1994; Casson, 1982; Davidsson, 2003; Kirzner, 1973; Sarsvathy, Dew, Ramakrishna & Venkataraman, 2003; Shane, 2000; Shane & Venkataraman, 2000; Venkataraman,1997) there is a scarcity of research carried out on the characteristics of those opportunities and how such charac- teristics affect, e.g., firm performance , growth or survival. The importance of investigating such questions is exemplified by Samuelsson (2004), who found that the gestation process and its determinants were vastly different for innovative vs. imitative ventures. In this research we investigate how three aspects of venture ideas affect the pace at which progress is made in the venture creation process. Bhave (1994) argues that the venture creation process is more complex or difficult for novel business ideas. For this reason we assess and estimate the effects of four aspects of newness: the procuct/service itself; the method for promotion and selling; the methods for producing or sourcing, and newness in terms what markets or customers are served or targeted. Shane (2000) demonstrated that prior knowledge of the founders is an important factor in venture development. Similarly, Sarasvathy’s (2001) Effectuation Theory proposes a high degree of relatedness with founders’ knowledge and means. Hence, we assess and estimate the effects of the degree of alignment of the venture ideas with the prior knowledge and skills of the founders as well as with the financial, physical and other resources they had access to. Further, since entrepreneurs operate in an environment of heterogeneous and uncertain, they have to change their original business ideas time to time (Davidsson, Hunter, Klofsten, 2006). Presumably, changes of the venture idea could either facilitate or complicate the gestation process. In order to explore this we also assess and estimate the effect of the extent of change of the business idea that have been made. We investigate this for the same four aspects as for which we assess newness.