Person: Méndez Picazo, María Teresa
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First Name
María Teresa
Last Name
Méndez Picazo
Affiliation
Universidad Complutense de Madrid
Faculty / Institute
Ciencias Económicas y Empresariales
Department
Administración Financiera y Contabilidad
Area
Economía Financiera y Contabilidad
Identifiers
5 results
Search Results
Now showing 1 - 5 of 5
Item Effects of the pandemic crisis on entrepreneurship and sustainable development(Journal of Business Research, 2021) Miguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; Méndez Picazo, María TeresaThe COVID-19 pandemic has caused an economic crisis in advanced economies greater than the 2008 economic crisis, as the latest Organisation for Economic Co-operation and Development (OECD) forecasts indicate. Entrepreneurship activity is an important factor to be considered to reduce this negative. The objective of this paper is to analyze the factors that favor entrepreneurship in the COVID-19 pandemic situation and explore the relationship between entrepreneurship and sustainable development. Monetary, fiscal, competitiveness, and business expectations are factors to consider. To achieve this objective, we reviewed the specialized literature and proposed an economic model to verify the relationships between the relevant variables. The estimation of this model uses the Partial Least Squares (PLS) method. This study looks at select OECD countries where data on entrepreneurial activity are available and there are calculations by the OECD for the economic projections for 2020.Item Digitalization, entrepreneurship and competitiveness: an analysis from 19 European countries(Review of Managerial Science, 2023) Miguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; Méndez Picazo, María TeresaIn light of the economic situation resulting from the COVID-19 pandemic, economists have claimed that an improvement in competitiveness can enhance economic growth. A greater degree of competitiveness allows the relevant actors to engage in entrepreneurial activity in new markets and to create market niches that promote job creation. Among the factors that can stimulate competitiveness, entrepreneurship and digitalization play relevant roles. Digital technologies have generated new business opportunities for entrepreneurs; likewise, digital entrepreneurship allows different entrepreneurs to connect via a platform, thus facilitating access to global markets with growth potential. The fundamental objective of this paper is to study the relationships among digitalization, entrepreneurship and competitiveness in light of the factors that influence the digitalization process. An empirical analysis of 19 European countries is conducted, and fuzzy set qualitative comparative analysis is used to obtain the combinations of economic and social variables that affect competitiveness and entrepreneurship. The results of the empirical analysis show that to stimulate entrepreneurial activity, a country must exhibit an environment that is favourable to digitalization as well as an investment in talent that allows the relevant actors to take advantage of the benefits of digital technologies.Item Fear of failure, entrepreneurial passion and entrepreneurial motivation(International Entrepreneurship and Management Journal, 2023) Miguel-Angel Galindo-Martín; María-Soledad Castaño-Martínez; Méndez Picazo, María TeresaIn the analysis of entrepreneurial motivation, passion is one of the factors currently receiving attention, since passion drives the emotional experience towards the creative process, applying talent more effectively, which would facilitate entrepreneurial motivation. The opposite occurs with the fear of failure, which has a negative impact on entrepreneurial motivation, since perceptions of obtaining good results in the activity to be started are reduced. The objective of the paper is to analyze the behavior of passion and the fear of failure in entrepreneurial business, showing the economic and cultural factors that influence this process. For this purpose, the dualistic model of passion will be used. This model considers two opposing forms of passion: obsessive passion and harmonious passion. In order to complete the study, an empirical analysis has been carried out using data from 23 OECD countries utilizing the structural equation model (SEM) that has been estimated using the partial least squares technique (PLS). The model results indicate that obsessive passion influences entrepreneurial motivation to a greater extent than harmonious passion, which would imply that entrepreneurial motivation may be reduced as the economy presents worse expectations about its evolution. In this context, it is also important to consider the effects that a pandemic situation may have on entrepreneurial motivation and in order to avoid the negative effects and be able to take advantage of business opportunities it is necessary to facilitate financing that favor the entrepreneurial environment.Item Effects of sociocultural and economic factors on social entrepreneurship and sustainable development(Journal of Innovation & Knowledge, 2021) Miguel-Angel Galindo-Martín; María-Soledad Castaño-Martínez; Méndez Picazo, María TeresaConcern about environmental problems has led to more attention being paid to the sustainable development objective. Social entrepreneurship, and entrepreneurship in general, show a direct relationship with this objective, due mainly to the activities carried out by entrepreneurs regarding the development of new products, the search for new markets, and the introduction of innovations. Because of this, it is important to identify the variables that influence both types of entrepreneurship to adequately design measures to stimulate sustainable development through these activities. These variables can be grouped into two groups: sociocultural factors and economic factors. The objective of this paper is to analyze the behavior of these two groups over general entrepreneurship and social entrepreneurship, in addition to the impact of these two types of entrepreneurship on sustainable development. To carry out this analy sis, we have developed an empirical analysis with structural equations for the case of 15 OECD countries between 2015 and 2016Item The role of entrepreneurship in different economic phases(Journal of Business Research, 2021) Miguel-Ángel Galindo-Martín; María-Soledad Castaño-Martínez; Méndez Picazo, María TeresaVarious studies have analysed the relationship between entrepreneurship and economic growth, including variables such as innovation, institution, etc. However, these relationships have not been studied in the different phases of economic evolution, that is, the expansionary and the recessionary phases. The aim of this paper is to analyse the relationship among entrepreneurship, institutions, innovations, social climate and economic growth through those phases, in order to discover the different effects on entrepreneurs when they set up a new business or during professional activity. To achieve this objective, a structural equation model (SEM) is proposed, estimated for each of the time periods considered using the partial least squares (PLS) technique for fifteen OECD countries. The three periods are: a) prior to the economic crisis 2004–2006; b) economic crisis 2008–2010; c) post-crisis economic recovery 2014–2016. In addition, comparative analysis of the results obtained by the models will be carried out.