MMTC breakfast information meeting 

Dear colleagues, 

You are welcome to join us for the
“Brown Bag Seminar in Economics and Finance”
presented by
Alexander Dietrich

Danmarks Nationalbank, Research Unit

Title: Inflation Preferences

Date: Monday, November 4
Time: 12:10-13:10
Host: Benjamin Larin

This presentation will be given on campus

Join the seminar in room B5002 or on Zoom

Zoom link: https://ju-se.zoom.us/j/61353561370?pwd=etPAVrQLJ59dYeOxMfkb8PE6l4D3It.1

Meeting ID: 61 353 561 370

Password: BBEFS

Please use this link to sign up for bilateral talks in room B5066.
You can find this term’s seminar program on our webpage.
 

MMTC seminar with Karel Deneckere, Bart Henssen, Carla Machado Gonçalves, Marcela Ramirez Pasillas.

Karel is presenting their research project titled:  “Shared purpose? The family business as a sustainable systemic ‘irritator’ in the sustainable entrepreneurial ecosystem”.

Within the context of the permacrisis, the notion of Sustainable Entrepreneurial Ecosystems (SEEs) combines an ecosystem’s approach with the role of businesses in driving society’s transformation towards sustainability. And while embracing a sustainable systemic mindset is recognized as a key component to fulfilling the purpose of sustainability, little is know about how such a shared purpose is developed among stakeholders in SEEs. Starting from the premise that SEEs favor stakeholders with a systems-oriented shared purpose, this paper aims to investigate the role of the family business in inducing a change in the collective mindset of the SEE. This leads to the following question: How does a family business induce a sustainable purpose among SEE-stakeholders? To answer this, we adopt Niklas Luhmann’s systemic theory of organization and, in particular, his concept of irritation; which refers to a process in which an organization is perturbated or confused by its environment and thus stimulated to change. Our analysis focuses on the case of a Belgian family business that seeks to establish a SEE as a part of its sustainability transformation. We have conducted in-depth semi-structured interviews with 13 local stakeholders. Preliminary results show that the family business takes up the role of system irritator. It sought to ‘irritate’ the local stakeholders by undertaking a series of actions, which resulted form the mapping of common themes and concerns connected to the increased awareness of the permacrisis effects. The themes challenged existing meanings and ideas and raised awareness of the strength of potential joint action. Moreover stakeholders became aware that they were part of an interconnected local ecosystem.

The seminar will run in a hybrid format, you can join in room B6046 or on Zoom 

Dear colleagues, 

You are welcome to join us for the
“Brown Bag Seminar in Economics and Finance”
presented by
Benjamin Larin

JIBS

Title: Left-Digit Bias in Household Inflation Expectations

Date: Monday, November 11
Time: 12:10-13:10

This presentation will be given on campus

Join the seminar in room B5002 or on Zoom

Zoom link: https://ju-se.zoom.us/j/61353561370?pwd=etPAVrQLJ59dYeOxMfkb8PE6l4D3It.1

Meeting ID: 61 353 561 370

Password: BBEFS

You can find this term’s seminar program on our webpage.
 

 MMTC seminar with Evy Van Lancker, Yasmine Van Heghe, and Mirjam Knockaert (Ghent University)

Evy is presenting the research titled as “Help, my work keeps changing!: The impact of pivoting on employee wellbeing and turnover”.

Over the past decades, scholars have increasingly paid attention to wellbeing in the entrepreneurship context – a context that offers a unique environment for people to flourish and develop. As such, scholarly work has been focusing on how entrepreneurs’ wellbeing is influenced by the intricacies of entrepreneurship, such as uncertainty or autonomy. To this date, the literature has however largely neglected an important actor whose wellbeing is likely also affected by the entrepreneurial context, namely early employees in entrepreneurial firms. Only recently, scholars have started to generate insights into wellbeing of employees in SMEs and growing firms. Furthermore, joiners – early nonfounding startup employees – remain largely overlooked. This is surprising as joiners face many challenges linked to early-stage entrepreneurial firms, such as a lack of routines, high levels of uncertainty, and continuous change. In this paper, we study the impact of pivoting (i.e., fundamentally changing business model aspects) on joiner turnover intentions. We build on the Job-Demands Resources (JD-R) model that suggests that characteristics specific to a work setting or occupation can either be defined as a demand or as a resource. In this light, we develop a multi-level model, proposing a cross-level indirect effect of pivoting on joiner turnover intentions via joiner emotional exhaustion, contingent on founder relational energy (i.e., “a heightened level of psychological resourcefulness generated from interpersonal interactions that enhances one’s capacity to do work”, here in the interactions between a joiner and founder). To achieve our research objectives, we use a time-lagged multilevel research design and collaborate with local accelerator programs to invite Flemish entrepreneurial firms to participate. In specific, we survey both founders and joiners by means of two survey waves, with a three-month time-lag in between. With this study, we aim to contribute to the entrepreneurship literature. In specific, our objective is to provide insights into the influence of firm-level dynamics, such as pivoting, as well as founder-level factors, such as founder relational energy, on joiner behavior. As such, we hope to add to the ongoing conversation on wellbeing in entrepreneurship by bringing a multilevel perspective to it. Similarly, we hope to provide insights into joiner retention, a highly strategic, yet understudied aspect of HRM in entrepreneurial firms.

The seminar will run in a hybrid format, you can join in room B6046 or on Zoom

MMTC resarch Seminar presented by Agostino Manduchi

Agostino is presenting the research titled as “Search and price dispersion with rationally inattentive buyers”.

In the study, Agostino investigates a model in which inattentive buyers can elicit price offers before purchasing a product. Inattentiveness follows from the cost of the attention that the buyers devote to their price-gathering problem. The only equilibrium of a version of the model with fully attentive buyers features the "Diamond paradox" of monopoly pricing, in which each buyer elicits a single offer. By contrast, the model of the paper features an active equilibrium with price dispersion, in which some buyers elicit multiple prices. The limiting behavior for a vanishing cost of attention is also considered.

The seminar will run in a hybrid format, you can join in room B6046 or on Zoom