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Proceedings of the 12th European Conference on Knowledge ...

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4. Methodology<br />

Evangelia Siachou, S<str<strong>on</strong>g>of</str<strong>on</strong>g>ia Daskou and Peter Yannopoulos<br />

With <str<strong>on</strong>g>the</str<strong>on</strong>g> aim to explore <str<strong>on</strong>g>the</str<strong>on</strong>g> above menti<strong>on</strong>ed propositi<strong>on</strong>, <str<strong>on</strong>g>the</str<strong>on</strong>g> study adopted a qualitative approach<br />

which aided <str<strong>on</strong>g>the</str<strong>on</strong>g> researchers to discover <str<strong>on</strong>g>the</str<strong>on</strong>g> potential role <str<strong>on</strong>g>of</str<strong>on</strong>g> MMs in <str<strong>on</strong>g>the</str<strong>on</strong>g> absorptive capacity <str<strong>on</strong>g>of</str<strong>on</strong>g> Greek<br />

entrepreneurs. The research design was developed with <str<strong>on</strong>g>the</str<strong>on</strong>g> scope to undergo an exploratory study<br />

which would help <str<strong>on</strong>g>the</str<strong>on</strong>g> researchers develop a survey later <strong>on</strong>. The purpose <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> study is not to test a<br />

hypo<str<strong>on</strong>g>the</str<strong>on</strong>g>sis but ra<str<strong>on</strong>g>the</str<strong>on</strong>g>r to help form <strong>on</strong>e. Epistemologically <str<strong>on</strong>g>the</str<strong>on</strong>g> study was developed from <str<strong>on</strong>g>the</str<strong>on</strong>g> view point<br />

<str<strong>on</strong>g>of</str<strong>on</strong>g> Realism, (<str<strong>on</strong>g>the</str<strong>on</strong>g> academic expertise <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> researchers that also serves <str<strong>on</strong>g>the</str<strong>on</strong>g> research questi<strong>on</strong>) and<br />

made use <str<strong>on</strong>g>of</str<strong>on</strong>g> semi-structured interviews with Greek entrepreneurs (owners/managers) <str<strong>on</strong>g>of</str<strong>on</strong>g> family owned<br />

enterprises. The fieldwork was c<strong>on</strong>ducted in three (3) phases. In <str<strong>on</strong>g>the</str<strong>on</strong>g> first phase <str<strong>on</strong>g>the</str<strong>on</strong>g> participant firms<br />

were pulled from two (2) formal networks representing <str<strong>on</strong>g>the</str<strong>on</strong>g> sectors <str<strong>on</strong>g>of</str<strong>on</strong>g> C<strong>on</strong>structi<strong>on</strong> Materials (CMN)<br />

and Food & Beverages (FBN) and were pr<str<strong>on</strong>g>of</str<strong>on</strong>g>iled. In <str<strong>on</strong>g>the</str<strong>on</strong>g> sec<strong>on</strong>d and third phases, twelve (12)<br />

interviews with FBN entrepreneurs and fourteen (14) interviews with CMN entrepreneurs took place<br />

and data were tabulated <strong>on</strong> protocols that serviced <str<strong>on</strong>g>the</str<strong>on</strong>g> interview guides. The samples were accessed<br />

by permissi<strong>on</strong> and recommendati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g>ir founding Instituti<strong>on</strong> (<str<strong>on</strong>g>the</str<strong>on</strong>g> Development Agency <str<strong>on</strong>g>of</str<strong>on</strong>g> Karditsa:<br />

ANKA), since <str<strong>on</strong>g>the</str<strong>on</strong>g>y were <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>ly formal business networks in <str<strong>on</strong>g>the</str<strong>on</strong>g> regi<strong>on</strong>. The census <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> members<br />

was selected, in order to acquire a pluralistic view <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> data. Given <str<strong>on</strong>g>the</str<strong>on</strong>g> small number <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

populati<strong>on</strong>, <str<strong>on</strong>g>the</str<strong>on</strong>g> interviews were d<strong>on</strong>e at <str<strong>on</strong>g>the</str<strong>on</strong>g> census <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> network members, ra<str<strong>on</strong>g>the</str<strong>on</strong>g>r than <strong>on</strong> a sample.<br />

The pr<str<strong>on</strong>g>of</str<strong>on</strong>g>iles <str<strong>on</strong>g>of</str<strong>on</strong>g> phase <strong>on</strong>e (1), were c<strong>on</strong>tent analyzed and <str<strong>on</strong>g>the</str<strong>on</strong>g> findings <str<strong>on</strong>g>of</str<strong>on</strong>g> that analysis were used to<br />

inform <str<strong>on</strong>g>the</str<strong>on</strong>g> researchers’ development <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> interview protocols <str<strong>on</strong>g>of</str<strong>on</strong>g> phases two (2) and three (3). The<br />

findings <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> twenty-eight (26) interviews were c<strong>on</strong>tent analyzed and were fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r processed using<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> analysis tools <str<strong>on</strong>g>of</str<strong>on</strong>g> C<strong>on</strong>ceptually Thematic matrices (Miles and Huberman, 1994). The findings <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

this exploratory study are <strong>on</strong>ly tentative to <str<strong>on</strong>g>the</str<strong>on</strong>g> study and by no means prescriptive or generalizable.<br />

5. Findings<br />

The findings <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> study reflect <str<strong>on</strong>g>the</str<strong>on</strong>g> views <str<strong>on</strong>g>of</str<strong>on</strong>g> entrepreneurs who are members <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> FBN and <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

CMN operating in <str<strong>on</strong>g>the</str<strong>on</strong>g> Regi<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> Thessaly in Greece. The Networks were formalized as a<br />

c<strong>on</strong>sequence <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> initiative <str<strong>on</strong>g>of</str<strong>on</strong>g> ANKA an NGO Development Agency that serves <str<strong>on</strong>g>the</str<strong>on</strong>g> local regi<strong>on</strong>. The<br />

interviewees were all general managers/owners <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> networked enterprises. The customer centered<br />

MMs are c<strong>on</strong>ceptualized to address <str<strong>on</strong>g>the</str<strong>on</strong>g> thinking <str<strong>on</strong>g>of</str<strong>on</strong>g> managers which is focused around customer<br />

preferences (Voss and Voss, 2000) and behaviors, and more particularly focus <strong>on</strong> good customer<br />

service, customer retenti<strong>on</strong>, customer segmentati<strong>on</strong> and product innovati<strong>on</strong> (Karakaya and<br />

Yannopoulos, 2010). Managers who adopt market driven MMs focus <strong>on</strong> issues <str<strong>on</strong>g>of</str<strong>on</strong>g> m<strong>on</strong>itoring <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

competitive activity and customer requirements (Day and Nendungadi, 1994) and anticipati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

competitive behavior and customer needs (Karakaya and Yannopoulos, 2010). Market driven<br />

managers anticipate competiti<strong>on</strong> and that informati<strong>on</strong> is shared with <str<strong>on</strong>g>the</str<strong>on</strong>g> rest <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> organizati<strong>on</strong> (Day,<br />

1994). Managers who adopt competitor centered MMs analyze competitive activity and adopt<br />

defensive acti<strong>on</strong> again competiti<strong>on</strong> (Karakaya and Yannopoulos, 2010). Self centered MMs are<br />

characterized with limited resp<strong>on</strong>siveness towards <str<strong>on</strong>g>the</str<strong>on</strong>g> completi<strong>on</strong> and <str<strong>on</strong>g>the</str<strong>on</strong>g> needs <str<strong>on</strong>g>of</str<strong>on</strong>g> customers (Day,<br />

1994; Maignan and Lukas, 1997). The findings are presented below in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> each network <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

entrepreneurs.<br />

5.1 C<strong>on</strong>structi<strong>on</strong> Materials Networks (CMN)<br />

The analyzed data revealed that at a majority <str<strong>on</strong>g>the</str<strong>on</strong>g> CMN members adopt ei<str<strong>on</strong>g>the</str<strong>on</strong>g>r customer centered or<br />

market driven MMs. More specifically, half <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> CMN sample declared that <str<strong>on</strong>g>the</str<strong>on</strong>g>ir strategic decisi<strong>on</strong><br />

making is driven by informati<strong>on</strong> that refers to activities and practices <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> competiti<strong>on</strong>. The<br />

knowledge <str<strong>on</strong>g>the</str<strong>on</strong>g>y receive about competitive practice (via intelligence, market research and networking)<br />

is processed in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g>ir crystallized views <str<strong>on</strong>g>of</str<strong>on</strong>g> how competitors generally behave in <str<strong>on</strong>g>the</str<strong>on</strong>g> market. In<br />

m<strong>on</strong>itoring <str<strong>on</strong>g>the</str<strong>on</strong>g> competiti<strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> CMN entrepreneurs seem to automatically review competitive activities<br />

c<strong>on</strong>cerning product promoti<strong>on</strong>s, product mix and prices, but not much more bey<strong>on</strong>d that. This adopted<br />

behavior automates <str<strong>on</strong>g>the</str<strong>on</strong>g>ir ability to evaluate <str<strong>on</strong>g>the</str<strong>on</strong>g> market knowledge that is external to <str<strong>on</strong>g>the</str<strong>on</strong>g> firm, and so<br />

informati<strong>on</strong> that flows inwards to <str<strong>on</strong>g>the</str<strong>on</strong>g> firm are to a certain degree took <strong>on</strong> board when management<br />

decisi<strong>on</strong> are made. Some <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> resp<strong>on</strong>dents <str<strong>on</strong>g>of</str<strong>on</strong>g> this sample also menti<strong>on</strong>ed that <str<strong>on</strong>g>the</str<strong>on</strong>g>ir participati<strong>on</strong> in<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> CMN may <str<strong>on</strong>g>of</str<strong>on</strong>g>fer <str<strong>on</strong>g>the</str<strong>on</strong>g>m some access to market informati<strong>on</strong> relevant to new technologies and<br />

cooperative learning.<br />

Fur<str<strong>on</strong>g>the</str<strong>on</strong>g>rmore, when c<strong>on</strong>sidering expanding <str<strong>on</strong>g>the</str<strong>on</strong>g>ir business in <str<strong>on</strong>g>the</str<strong>on</strong>g> regi<strong>on</strong>, <str<strong>on</strong>g>the</str<strong>on</strong>g> CMN entrepreneurs<br />

c<strong>on</strong>sider external informati<strong>on</strong> about product mix demand, customer requirements and preferences. In<br />

additi<strong>on</strong> when <str<strong>on</strong>g>the</str<strong>on</strong>g> CMN entrepreneurs attempt to expand <str<strong>on</strong>g>the</str<strong>on</strong>g>ir business nati<strong>on</strong>ally or internati<strong>on</strong>ally,<br />

939

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