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Building on ecological economics and the firm growth literature, I propose a model of real growth through entrepreneurial resourcefulness to determine whether an isolated firm can grow if it can capture only the value it creates. I then use Andy Weir's bestseller The Martian to illustrate my arguments. The model contributes to the entrepreneurial resourcefulness literature by explaining how, and under which conditions, resourceful behavior can lead to real firm growth, positing that entrepreneurs can create ecosystems that enhance the marginal productivity of resources by leveraging the productive capacity and entropy-mitigating properties of human capital and natural capital. The model also contributes to the sustainable and innovative entrepreneurship literatures by recognizing limitations on the substitutability of resources, noting that even highly efficient allocation of resources cannot immunize actors from scarcity if production consumes critical capital or exceeds the rate of resource renewal. Finally, the model contributes to the entrepreneurial action literature by shedding light on our understanding of profit opportunities, noting that entrepreneurs are neither exclusively "world makers" nor "world takers," but akin to chefs using new production recipes to maximize the ingredients available. Such experimentation emphasizes that entrepreneurship is a process of resource transformation, not just customer discovery. [ABSTRACT FROM AUTHOR]

Health care costs for U.S. employers have tripled over the past 20 years. Using firm-specific health expense data, I show that firms negatively adjust capital expenditures and R&D expenses in response to increases in health care costs. The effects are more pronounced for firms that are financially constrained, employ more high-skilled workers, and have less bargaining power relative to insurers. Furthermore, policy uncertainty surrounding health care costs is substantial and discourages capital investment. These findings suggest that an elevated level of health care costs and the associated uncertainty limit a firm's ability to expand physically or through innovation. [ABSTRACT FROM AUTHOR]

Given the high failure rates of brand extensions, insights into the drivers of brand extension success are critical for marketing practitioners and scholars. Prior research has inferred that parent brand equity and extension fit are the two key success drivers; however, empirical findings are mixed. Drawing on signaling theory, categorization theory, and a large database of 2,134 effect sizes from research spanning 1990–2020, the authors address these mixed findings through a meta-analysis to develop empirical generalizations. The results show that parent brand equity and extension fit positively influence extension success. However, the multifaceted dimensions of these two drivers have differential effects. For example, among the fit dimensions, usage fit has the weakest effect. While the results suggest an overall positive interaction effect between the two drivers, a fine-grained perspective that considers the drivers' various dimensions reveals differences. For example, brand familiarity appears to have a lower interaction effect with extension fit than the other dimensions of parent brand equity. Furthermore, the authors provide a comprehensive analysis of five groups of moderators: contextual factors (parent brand, extension, communication, and consumer factors) and research method factors. The authors offer managerial and future research implications for the design of brand extension strategies. [ABSTRACT FROM AUTHOR]

Nepal's strategic position and open border with India and China have attracted unusually high attention, particularly during the Cold War era, not only from these two large neighbours but also from European countries, the USA and the former Soviet Union. However, despite decades of aid inflows, Nepal remains one of the poorest countries. While debate over aid–growth nexus remains unsettled, our empirical results do suggest that aid fragmentation is detrimental to growth, perhaps due to increased administrative burden to manage a large number of small projects and meet reporting requirements of the donor community. While we find that aid is good for growth, attracting uncoordinated and fragmented aid without the need for assessment can, in fact, do more harm than good. These findings point to the importance of coordinated aid approach not only at the country level but also among the donor community. [ABSTRACT FROM AUTHOR]

The consistent distribution of economic value from state-owned companies in Indonesia to both external and internal stakeholders over the long term is crucial as an indicator of company growth. This research aims to demonstrate the influence of stakeholder value on the performance of state-owned enterprises in Indonesia. Using panel data to measure predictor consistency over the long term, the study finds that the data is stationary and cointegration occurs in the long term. The findings are: (a) Government Value positively influences return on equity (ROE) and sustainable growth rate (SGR) but has no effect on return on assets (ROA); (b) Customer Value positively influences ROA but has no effect on ROE and SGR; (c) Social Value has no significant impact on ROA, ROE and SGR; (d) Debt-holder Value negatively influences ROA, ROE and SGR; (e) Supplier Value positively influences ROA, ROE and SGR; (f) Employee Value positively influences ROE but has no effect on ROA and SGR; and (g) Shareholder Value positively influences ROE but has no effect on ROA and SGR. These findings indicate inconsistencies in the impact of stakeholder value on company performance. [ABSTRACT FROM AUTHOR]

The article explores the rise of legalized sports betting in the U.S., highlighting its rapid growth, societal impacts, and evolving regulatory landscape. Topics include state-level legalization efforts, concerns over gambling addiction, and advertising regulations aimed at mitigating associated risks.

In July 2023, NTT DATA shifted to a three-company structure consisting of NTT DATA Japan Corporation, which operates a business in Japan, NTT DATA, Inc., which operates a business outside Japan, and NTT DATA Group Corporation, the holding company that oversees the two aforementioned companies. Under the slogan "Realizing a Sustainable Future," NTT DATA is promoting a sustainable management. We interviewed Hidehiko Tanaka, senior vice president, head of Technology and Innovation General Headquarters, NTT DATA Group Corporation, about the technology strategy and vision of NTT DATA under the new structure. [ABSTRACT FROM AUTHOR]

Zimbabwe's Small to medium enterprises (SMEs) face worsening performance and growth-related challenges attributable to the failure of owner managers to embrace Strategic financial management (SFM) practices that promote business growth and performance. SMEs became the main contributor to the gross domestic product following the economy's collapse due to the government's agrarian reform of 2000. The study employed quantitative research method using questionnaires and a structural equation model (SEM) to achieve methodological triangulation. While the study was principally theory testing it was also theory-generating, nonetheless all items and factors developed from the questionnaire were employed using the maximum likelihood estimation (MLE) to extract desirable factors. The target population of the study consisted of 640 SMEs from five districts in the province and the sample size of 240 was determined using Krejcie model (1970). Data was analyzed by extracting factors using the Statistical Package for Social Science (SPSS) version 25 and the same data was imported into SPSS Amos Version 28 for analysis using confirmatory factor analysis and parameter estimation in path modeling and the results were graphically displayed in R software, version 3.5.3 or R Core team (R core team 2016). The task was not strictly confirmatory, after testing several models the study applied the Akaike Information Criterion test to measure the adequacy of the proposed framework. The study revealed that SMEs lacked a conceptual framework that ensures growth despite having a clear focus and vision. Drawing from empirical data and a critical review of relevant theories, the study developed a strategic financial management framework for SMEs in Zimbabwe. The framework has relevance for SMEs in Zimbabwe and other neighboring countries as it promotes SMEs growth and performance. [ABSTRACT FROM AUTHOR]

Cloud computing has emerged as a pivotal technology that transforms business development, offering flexibility, scalability, and cost-efficiency. This research paper discusses how cloud computing is revolutionizing business models across industries. The paper examines the benefits of cloud adoption, reviews existing literature, and explores the challenges of integration and possible solutions. Additionally, key cloud technology resources are identified, and the paper provides a comprehensive outlook on the future of cloud computing in business growth. [ABSTRACT FROM AUTHOR]

In this paper, we consider conditional measures of lead-lag relations between aggregate growth and industry-level cash flow growth in the United States. Our results show that firms in leading industries pay an average annualized return 3.6 |$\%$| higher than that of firms in lagging industries. Using both time-series and cross-sectional tests, we estimate an annual pure timing premium ranging from 1.2 |$\%$| to 1.7 |$\%$|⁠. This finding can be rationalized in a model in which (a) agents price growth news shocks, and (b) leading industries provide valuable resolution of uncertainty about the growth prospects of lagging industries. Authors have furnished an Internet Appendix , which is available on the Oxford University Press Web site next to the link to the final published paper online. [ABSTRACT FROM AUTHOR]

Research Summary: Firm growth and its underlying modes are rarely examined on their own, which impedes our understanding of their relative importance, correlations among them and their associations with competition and future performance. We address these using a comprehensive seven‐mode decomposition of employment growth in all US firms (2004–2013). We find that organic modes such as opening or closing plants contribute more than transactional modes such as acquisitions and selloffs, and that growth modes exhibit age‐size differences and are generally positively correlated within firms. Trade competition in manufacturing increased closures and decreased acquisitions but had no effect on new units. Transactional growth positively correlates with future survival, unlike organic growth. Together, our findings expand our understanding of firm growth as a composite of multiple growth modes. Managerial Summary: Managers have many ways to grow a firm, but studies typically emphasize transactional modes such as acquisitions and selloffs. Using data on all US firms over 2004–2013, we study seven growth modes in an integrated and comprehensive model. We find that organic modes contribute more to growth than transactional modes, that young, large firms grow less relative to old, large firms, that when firms grow (shrink), they tend to grow (shrink) using multiple modes simultaneously and that growth modes vary in their association with competition. Importantly, transactional growth positively correlates with future survival, unlike organic growth. Together, these findings not only suggest that growth modes vary in their contribution to firm growth but also that they may differently influence subsequent performance. [ABSTRACT FROM AUTHOR]

Grand challenges are system-wide problems. While top-down approaches to mitigating grand challenges may have potentially far-reaching impact, such initiatives from the higher scales can fail because of limited knowledge of ground realities. At the same time, resilient local efforts to address societal challenges can have limited reach. How can a grassroots organization work across locations and scales to address a grand challenge? We report the findings of a longitudinal case study of the Child In Need Institute, a nonprofit organization that successfully scaled its impact to reach over seven million beneficiaries. Based on 40 years of archival data and four years of intensive fieldwork, our findings reveal "double weaving" as a recursive process of diagnosing and addressing problems by connecting actors and resources across locations and scales. The double weaving process gives researchers a framework to explore the complex interplay between locations and scales that is necessary to address grand challenges. Our study contributes to research on grand challenges and scaling, advancing the spatial turn in organizational studies by developing the scalar dimension, and expanding research that has primarily focused on locations. [ABSTRACT FROM AUTHOR]

We investigate whether international operations enhance information links between firms and foreign investors. Exploiting novel subsidiary-level data and within-location variations, we show that, after expanding into another country, a firm attracts greater investment allocation from funds from that country than from other foreign funds. This increase is economically significant, equivalent to one-fifth of the average firm weight in a country-specific portfolio. The observed effect cannot be attributed to funds' influence, persists even when funds are already familiar with the firm, and helps them generate superior risk-adjusted returns. Our results suggest that firms' cross-border economic activities contribute to global financial interconnectedness. [ABSTRACT FROM AUTHOR]

We document a novel strategic motive for family business groups to utilize their internal capital markets (ICMs) during financial crises. We find that crisis-period group ICM activity is targeted toward exerting product market dominance over standalone rivals. Groups make significant post-crisis gains in market share that are concentrated among affiliates (and industry segments within affiliates) operating in highly competitive product markets, where capturing such gains is difficult in normal times. These patterns are observed only in emerging markets, suggesting that ICMs enable groups to exploit crises to realize long-term competitive advantages only when rivals face chronic financing frictions. [ABSTRACT FROM AUTHOR]

This paper examines how employee earnings respond to a one-time cash flow shock in the form of a government R&D grant. In a regression discontinuity design, we find that the grant immediately increases average annual employee-level earnings by 2.9 |$\%$|⁠. This benefit accrues only to incumbent employees and rises with job tenure. The grant also affects firm growth, but the initial wage patterns do not appear to reflect growth or productivity. Instead, the evidence supports implicit equity financing within the firm, where employees initially accept lower wages from financially constrained firms and earn more when the firm has ability to pay. Authors have furnished an Internet Appendix , which is available on the Oxford University Press Web site next to the link to the final published paper online. [ABSTRACT FROM AUTHOR]

We document a strong positive initial market reaction to merger announcements from bidders with either large earnings growth or significant earnings decline, relative to those with neutral earnings change, reflecting a U-shaped pattern between bidders' earnings growth and announcement returns. However, the higher initial returns for bidders with earnings decline subsequently reverse, whereas the higher returns for bidders with high growth do not. We further show that the return patterns are driven by a tendency for retail investors to gamble that merger and acquisition deals initiated by poorly performing bidders will generate high synergies. [ABSTRACT FROM AUTHOR]

Business incubators play a crucial role in fostering the sustainability and growth of early-stage startups. They provide access, financial support, training, infrastructure, connections with investors, and more. However, many business incubators do not effectively maximize startup potential. This study aims to systematically review and analyze the key characteristics contributing to the role of business incubators in promoting sustainable startups. The study will follow the PRISMA statement (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) and employ document analysis integrating multiple research designs, based on established standards. It will compile and analyze 68 articles from global sources, utilizing open-access articles and accessing primary databases such as Web of Science (WoS) and Scopus for article retrieval. Through content analysis, this study identified fifteen main categories that significantly impact startup businesses: (1) financial support, (2) business support and services, (3) networking support, (4) mentoring activities, (5) infrastructure, (6) human capital, (7) access to knowledge and information, (8) social values and environment, (9) marketing capabilities and support, (10) technology support, (11) entrepreneurship education (courses and curriculum), (12) programs, projects, and events, (13) research and development support, (14) government policy support, and (15) legitimacy involvement. The findings highlight five main aspects--financial, business, networking, mentoring, and infrastructure--as crucial for effective startup support and implementation. From an economic sociology perspective, these articles discuss the dynamic roles of business incubators, emphasizing urgent factors and essential designs for success in the face of future challenges. [ABSTRACT FROM AUTHOR]

Competitive advantage is one of the essential components of customer satisfaction and business growth, but the COVID-19 pandemic has had a substantial influence on consumer behavior, while also giving rise to intense competition within the business environment in Africa, making competitive advantage and customer experience a challenge. Consequently, firms have been compelled to make strategic choices such as differentiation capability to navigate these challenges. The study therefore examines the effect of differentiation capability on the customer experience of selected consumer goods companies listed in Nigeria the biggest economy in Africa. The research adopted a cross-sectional survey method, and a total of 20 consumer products firms were identified and evaluated based on their capitalization criteria and continuous dividend payments. From this group, seven companies were chosen for further analysis. The sample size of 378 was determined using the Research Advisor Table, with a confidence level of 95% and a margin error of 5%. To address the issue of non-response, appropriate measures were taken, leading to the inclusion of an additional 113 respondents, representing 30% of the original sample. This adjustment resulted in a final sample size of 491. A total of 491 questionnaires were sent to the respondents, resulting in a response rate of 97.76%. The hypothesis was examined by regression analysis. The results of the study indicate that differentiation capability is an effective tool that is statistically significant and positive to customer experience (ß =0.842, t = 29.782, p<0.05); The research findings indicate that applying differentiation capability in a firm helps attain a stronger competitive position and has a favorable impact on customer experience. This research, therefore recommends that there is a need for technology adoption to cut production costs and establish a durable competitive advantage. [ABSTRACT FROM AUTHOR]

This study explores the role of the Indonesian Standard QR Code (QRIS) in enhancing the business outcomes of micro enterprises in North Bogor Subdistrict. While QRIS has been recognized as a crucial technological advancement for promoting financial inclusion, there remains a reluctance among some micro business owners to adopt it. This research utilizes a descriptive qualitative method, including interviews with micro entrepreneurs who do and do not use QRIS, government officials involved in MSME development, and financial institution representatives. The findings reveal that the adoption of QRIS is often driven by its integration with delivery services rather than its potential to boost business performance. Despite some entrepreneurs experiencing benefits from QRIS, a significant gap in understanding its full potential as a payment method persists. For those not using QRIS, reasons include the efficiency of cash transactions, additional costs, and expectations more on government support in promoting their products to achieve business growth. [ABSTRACT FROM AUTHOR]

Multinational corporations (MNCs) are increasingly involved in the United Nations Sustainable Development Goals (SDGs) initiative to enhance the quality of life in host countries. Gender equality (SDG 5) is the key focus. This study examines how MNCs in the male-dominated mining industry in Thailand and Laos promote gender equality through their policies and practices. Using a qualitative approach, we investigated the experiences of stakeholders in the mining sector. Our findings reveal significant gender disparities in employment, health, and vocational opportunities. While MNCs are making efforts to address these issues, the complex interplay of stakeholders and cultural factors influences progress. To effectively advance gender equality, this research suggests a shift in focus towards strategies that actively engage women in diverse business roles. Providing women with the necessary skills and knowledge is essential for their growth and empowerment within the mining industry [ABSTRACT FROM AUTHOR]

Social media was originally intended for people to share their moments and memories and to connect with people that they know. Over time though, social media has transformed into a powerful marketing tool that forever changed the way products and services are advertised. Nowadays, companies willing to market their products and services don’t do it through TV ads, newspaper ads, or radio. Instead, they market on social media platforms. This has become the norm for all modern companies, regardless of their size. The question is if all businesses benefit from the evolution of Social Media Marketing, or some of them decided to stick with the conservative marketing approaches as they find them more convenient considering the product or service they’re promoting. Maybe business owners are afraid to adopt the new ways of marketing, and they decide to play safe and practice what they already know. In today's digital age, social media platforms have revolutionized the landscape of marketing, offering businesses unprecedented opportunities to engage with global audiences. This study explores the profound influence of social media marketing on business growth. Through a comprehensive review of existing literature and analysis of case studies, this research examines how strategic utilization of social media channels enhances brand visibility, customer engagement, and ultimately, organizational profitability. The main objective is to find out if social media marketing is highly profitable for businesses in Macedonia and, consequently, if it directly influences business growth. This study investigates the impact of social media marketing on the growth of small and medium-sized enterprises (SMEs) in Macedonia. As digital platforms continue to redefine contemporary business landscapes, SMEs face both opportunities and challenges in leveraging social media for marketing purposes. This research adopts a qualitative approach, employing interviews and case studies with SME owners and marketing professionals. The findings underscore that social media marketing enhances brand visibility, customer engagement, and market reach for SMEs in Macedonia. However, challenges such as resource constraints, skills gaps, and algorithmic changes persistently affect marketing effectiveness. The study contributes insights into strategic social media practices tailored to local SME contexts, emphasizing the need for adaptive strategies to maximize growth opportunities. Future research directions include longitudinal studies to track evolving social media trends and their sustained impact on SME growth in Macedonian markets. [ABSTRACT FROM AUTHOR]

This paper investigates whether there is a difference between business group affiliated and independent firms in terms of complying with the corporate governance principles. Based on data drawn from the corporate governance principles compliance reports of Borsa Istanbul (BIST) companies, the results of the study show that group affiliated firms have higher compliance with the corporate governance than the independent ones in general. The difference of the mean scores in compliance with the corporate governance, stakeholders, board of directors principles between group affiliated companies and independent ones is significant. However, the mean values in shareholders and public disclosure and transparency principles do not differ between these groups of firms. This study aims to advance the research on corporate governance and business groups by considering the corporate governance differences between business group companies and unaffiliated ones in an emerging economy. [ABSTRACT FROM AUTHOR]

Access to Finance for SMEs involves addressing the barriers and challenges that small and medium-sized enterprises face in securing the resources needed for their growth and development. Despite progress, there is still considerable room for improvement in both the regulatory and institutional frameworks, as well as in the existing sources of financing, financial education programmes, and policies supporting SMEs facing bankruptcy in each LA9 country. This chapter presents the results of the Access to Finance dimension and highlights regional policy recommendations. [ABSTRACT FROM AUTHOR]

This study aims to enhance the existing conceptual framework in order to assist SMEs in attaining sustainable business growth by enhancing their performance in a sustainable manner. This study entails a systematic analysis of the existing body of literature pertaining to small and medium-sized enterprises (SMEs). The 105 research papers included in the analysis have been categorized based on their geographical distribution, paper type, major theme, and theoretical underpinnings. Subsequently, a thorough thematic analysis was conducted. This study introduces a conceptual framework that facilitates the development of sustainable business growth, thereby assisting SMEs in mitigating the impact of uncertain occurrences or shocks. SMEs that actively engage in the adoption of sustainable business growth have the potential to create innovative pathways for business growth and gain a competitive edge. The literature highlights the unexpected and unanticipated challenges experienced by SMEs, and the subsequent development of methods to address these severe disruptions. [ABSTRACT FROM AUTHOR]

Copyright of Journal of Business & SMEs is the property of ECORFAN-Mexico S.C. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Accounting & Finance Management (JAFM). is the property of Dinasti Publisher and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The research investigates the role of artificial intelligence and predictive analytics in integrating the practices of supply chain management for the growth of a business in a sustainable manner. A predictive model on the emission factors was then developed using a Random Forest algorithm from machine learning techniques against the historical data from the US Environmental Protection Agency on "Supply Chain Greenhouse Gas Emission Factors for USUS Industries and Commodities." It yielded an average Mean Squared Error of 0.00141 with an R-squared value of 0.9858, explaining almost 99% of the variance in actual emission factors across various industries. The research results show the potential of AI-driven insights in spotting high-emission areas, facilitating targeted interventions, and thus supporting data-driven decision-making in SCM. Case studies drawn from industries such as electronic manufacturing and food processing show the practical application of this model by showing how businesses can reduce their carbon footprints while enhancing operational efficiency and market competitiveness. The study also addresses the pitfalls that may characterize model implementation, such as poor data quality, complex models, and continuous updating. It makes business recommendations to adopt similar strategies, emphasizing cross-functional expertise, stakeholder buy-in, and ethical considerations. It deepens a growing literature on sustainable supply chain management and establishes a framework through which firms can harness AI and predictive analytics to pursue environmental and economic objectives. [ABSTRACT FROM AUTHOR]

Telecommunications service provider companies face challenges in expanding their business in the global market due to rapidly changing technology, one of which is experienced by PT. Telekomunikasi Indonesia (Telkom). Telkom is a leading telecommunications company in Indonesia that significantly contributes to Indonesia's digitization and dominates the country's telecommunications market. As Telkom's business grows, the company expands globally, with implications for its operations in Indonesia. Based on the globalization strategy framework, the analysis acknowledges that the interaction between globalization and technology, sustainability, and politics poses challenges and opportunities for Telkom. The influence of massive digital transformation requires Telkom to restructure its strategies for expansion in the global market by strengthening its position in the national market. Telkom must ensure its position in Indonesia as a state-owned enterprise with significant responsibility for the future of digital Indonesia as a sustainable influence. Regulations that Telkom must face come from both national and international levels as a result of politics. Telkom's strategy is analyzed using three strategies within the globalization strategy framework. The author proposes several business expansion strategies in the digital era from this research analysis. [ABSTRACT FROM AUTHOR]

Growth and innovation are primary arguments for firms that aim to go public and access resources from the stock market. So it is ironic that going public is, for a majority of firms, associated with a pronounced slump in breakthrough innovation. This article proposes an actionable, marketing-related explanation for why some firms that go public manage to beat the post–initial public offering (IPO) innovation slump: innovation imprinting. The authors argue and demonstrate that firms that engage in innovation imprinting before going public attract a segment of concordant investors whose risk preferences are more supportive of breakthrough innovation than investors at large. These investors, in turn, reward the firms' continued introduction of breakthrough innovations after they have gone public. By analyzing the innovation patterns of 207 firms in the consumer packaged goods sector before and after an IPO, the authors observe that one-third of firms are able to maintain or beat their pre-IPO levels of breakthrough innovations after going public. By studying their actions, the investors they attract, and their financial performance and survival rates, the authors provide empirical evidence for the importance of innovation imprinting and concordant investors in helping firms beat the post-IPO innovation slump. [ABSTRACT FROM AUTHOR]

Research on clusters has highlighted that some geographical areas display superior conditions to nurture concentrations of businesses locally. But why do certain industries—despite ascribing their origin to specific locations—emerge away from their birthplace? We qualitatively investigate the influence that the town of Arco, Italy, and its periodic event "RockMaster" exerted on the emergence of the global sport climbing industry. We advance the concept of "catalyzing places" that support industry emergence and growth through an ongoing, cyclical process of three forces: "centripetal" (i.e., attracting), "catalyzing" (i.e., reacting), and "centrifugal" (i.e., ejecting). The forces attract communities of practice to the place, expose them to intense, transformational experiences toward entrepreneurship, and induce them to establish their businesses elsewhere. By redeploying the resources and reputation acquired in the place, these scattered communities enact a collective phenomenon of user entrepreneurship and ultimately industry emergence. We claim that the ongoing activities of the place, and the periodic ones of the event, are mutually reinforcing. We advance two novel elements—"portable economies" and "springboard firms"—that, in catalyzing places, exert the antithetical effect of "agglomeration economies" and "anchor firms" in clusters. We discuss our contribution to research on industry emergence, new practices, and user entrepreneurship. [ABSTRACT FROM AUTHOR]