The Revista Galega de Economía/Galician Journal of Economics (RGE/GJE) is published twice a year. It was founded in 1992 and it is promoted by the Faculty of Economics and Business Administration of the University of Santiago de Compostela. Its aim is to promote academic research by publishing original articles that meet the highest analytical standards and provide new ideas that contribute to and disseminate economic and business knowledge.  The RGE/GJE is an international peer-reviewed open access journal.  The articles published are related to specialities in the fields of economics and business (marketing and market research, applied economics, financial economics and accounting, economics, sociology and agricultural policy, fundamentals of economic analysis , economic history and institutions, business organization and quantitative economics); it is also open to other fields as long as it contributes significantly to addressing problems of economics and business management. The target audience is made up of academics, researchers, professionals, business executives and public decision-makers.

The RGE/GJE is indexed in SCOPUS, Dialnet, InDICEs-CSIC, IDEAS-RePEc, REDALYC, REDIB, DOAJ, and ERIH PLUS, among others. It is also included in different tools for the analysis of scientific journals such as MIAR, Latindex or CIRC. 

The digital portal of RGE/GJE is published in Galician, Spanish, and English. The articles published are in Galician, Portuguese, Spanish, and English. 

Call for papers: Circular economy, sustainability and degrowth

2023-01-25

Dear colleagues,

The Circular Economy (CE) is a proposal for transforming the current linear model of production and consumption that encompasses a plurality of theoretical approaches, objectives, and instruments. 

In recent years, the CE has been incorporated into policy agendas at different levels as a means to promote economic change towards sustainability and climate change mitigation (SDGs, European Green Pact-Circular Economy Action Plan, CE Strategies or Green Transition Strategies of countries, territories, municipalities, companies, etc.). The concepts, objectives, spheres of action and transformational ambition are very diverse. 

A rigorous analysis of the foundations of the CE, the coherence between the proclaimed goals and the concrete objectives, instruments and measures put into action is a necessity. This is not only a theoretical and academic necessity, but also a practical necessity to guarantee the materialisation of ambitious real changes in the direction of truly sustainable economies. 

A realistic analysis of the necessary changes and their consequences, from a social and territorial perspective, is necessary. Likewise, a realistic consideration of the diversity of starting points in different countries and territories is an essential condition for promoting a real and just transition in this direction, bearing in mind that a profound structural change must necessarily affect not only the production model but also consumption and lifestyles and, therefore, also social relations and inter-territorial and international relations.

The growing academic research on the different aspects of CE, from its conceptualisation, to its relationship with other issues or conceptual frameworks such as green growth, degrowth or post-growth, has opened debates that are still open and require new contributions. The same applies to the analysis of the different tools used to assess the circularity of the changes proposed or implemented, the different policy instruments used or to be used to promote the transition to the CE (regulatory, financial, physical measures, public procurement, industrial, agricultural and consumption policies, policy mixes, policy packages, etc.).

The discussion on the territorial and spatial dimensions of the CE, its relationship with international flows, the Global Value Chains, transport and the infrastructures used are aspects that force us to examine the relationships and contradictions between the CE and the globalisation model of recent decades.

In order to contribute to this objective, we invite you to participate in this Special Issue of the Revista Galega de Economía dedicated to the theoretical and empirical analysis of the circular economy and its relationship with sustainability, including all kinds of critical perspectives such as degrowth and post-growth.

 

To this end, papers will be accepted on a wide range of topics that have the circular economy as a central theme. Potential topics include, but are not limited to:

  • Conceptualisation of the Circular Economy
  • Metrics applied to CE
  • Impacts of the CE (economic, social, environmental)
  • Empirical analyses of CE
  • Circular Activities
  • CE Business Models
  • Eco-innovation and CE
  • Technological innovation, digitalisation and CE
  • Social innovation and CE
  • Strategies and experiences of CE (business, sectoral, territorial)
  • Circular Economy and sustainability
  • CE and Degrowth
  • CE and globalisation
  • CE policies (regulatory, industrial, fiscal, financial, consumer, etc.)
  • CE and Next-Generation funds: Critical study of strategies and projects
  • CE in Galicia and other countries and territories

Deadline for the submission of manuscripts

This special issue will publish original contributions on this topic. All papers will be subject to an  anonymous peer review process (double blind) carried out by experts in order to guarantee the scientific quality and relevance of the articles that are accepted for publication. The deadline is 30th June 2023.

Guest Editors:

Xavier Vence (xavier.vence@usc.es, Universidade de Santiago de Compostela, Spain)

Ángeles Pereira (angeles.pereira@usc.es, Universidade de Santiago de Compostela, Spain)

Blandine Laperche (blandine.laperche@univ-littoral.fr, Université du Littoral Côte d’Opale, France)

Mario Pansera (mario.pansera@uvigo.es, Universidade de Vigo, Spain)

Call for papers. Entrepreneurship in the age of the digital economy

2022-02-25

Dear colleagues,

The growth of digital technologies in the economy has created new opportunities for entrepreneurs. The digital world environment supported by technological devices (e.g. mobile computing) and social media platforms (e.g. Facebook, Instagram) have opened up new avenues to create new digital business models and media channels. Multinational companies but also small firms are doing everything or the main part of their business on the web (e.g. Google, Amazon, Facebook).

The unique characteristics of digital technologies made many tools available to entrepreneurs that could be used to innovate and start new ventures. For instance, open innovation and crowdsourcing facilitate co-creation and customer feedback on the development of new products, services, websites or apps. Similarly, crowdfunding platforms (e.g. Kickstarter, Indiegogo, Go Fund Me) made funding a social or business project more simply and fast. Because of the internet, new digital business models (e.g. freemium, subscription, on-demand, affiliate, drop shipping, consulting, advertising, blogging, digital media) exist. Further, business models (features and value of offerings) would continue to evolve even after they have been introduced to the market.

Digital entrepreneurship is the practice of pursuing new ventures opportunities presented by new media on Internet technologies. Therefore, entrepreneurs in a digital economy must be aware of market opportunities for developing new ideas and business models and communicate their value propositions to potential customers and investors. In this context, a question that deserves to be answered is: how entrepreneurs are dealing with an increasingly digital world. To shed light on this topic, we would like to invite contributions to a special thematic section of the Revista Galega de Economia/Galician Journal of Economics dedicated to Entrepreneurship in the age of the digital economy.

Potential topics include, but are not limited to:

  • Digital disruptive business models
  • Digital entrepreneurs and innovation ecosystems
  • Online startups
  • Collaborative digital economy
  • Digital fundraising (Crowdfunding)
  • Exploring opportunities in virtual markets
  • Internet-enable small and medium enterprises (SMEs)
  • Female digital entrepreneurship
  • Social digital entrepreneurship
  • Entrepreneurial orientation and digital technologies
  • Digital open innovation (Crowdsourcing)
  • E-entrepreneurship, e-business, e-commerce
  • Digital marketing for entrepreneurship
  • Digital ecosystems for entrepreneurship
  • Competitive advantage in digital businesses
  • Market oriented digital entrepreneurs

Deadline for manuscript submissions

Original research is welcome for publication in this special thematic section of this issue. All submissions will undergo anonymous review to guarantee high scientific quality and relevance to the subject. The special thematic section of this issue will be open for submission from 1st of March to 30th September 2022.

We look forward to your submission for consideration for publication in this special thematic section of this issue. Papers will be sent to anonymous reviewers, which will evaluate each submitted paper for acceptability for publication.

Guest Editors:

  • Susana Bernardino (susanab@iscap.ipp.pt, Politécnico do Porto, Portugal),
  • Orlando Rua (orua@iscap.ipp.pt, Politécnico do Porto, Portugal)
  • José de Freitas Santos (jfsantos@iscap.ipp.pt, Politécnico do Porto, Portugal)
More Announcements...

Influence of behavioral biases on investment decisions. The importance of financial education in times of crisis

  • Tamara Armenteros-Ruiz
  • Leandro Benito
  • María-Celia López-Penabad
Published 23-01-2023

While classical financial theories assume the rationality of the individual, Behavioral Finance supports the influence of cognitive and emotional aspects on investment decisions. The objective of this study is to contribute in this field by analyzing the presence of five biases –Overconfidence, Herd Behavior, Player Fallacy, Hot Hand Fallacy, and Domestic Bias– and their relationship with the personal characteristics of the investor, in particular with his EFE. We also analyze the effect of the financial crisis derived from Covid-19 on the aforementioned biases. This work is based on 109 questionnaires carried out in Galicia to individual investors, both real and potential, operating in the stock markets. The results confirm the existence of such biases, their relationship with some personal characteristics, a lower presence in individuals with greater financial knowledge and the intensification of Overconfidence and Herd Behavior during prolonged crises.

Profile of financially fragile households: Comparative analysis of Galicia and Spain

  • Marcos Álvarez-Espiño
  • Sara Fernández-López
  • Lucía Rey-Ares
Published 23-01-2023

The objective of this research is to determine the level of financial fragility experienced by Galician households, as well as to analyze whether the sociodemographic, economic and behavioural characteristics that they posess have any relation to this issue from a comparative perspective with respect to the other Autonomous Communities in Spain. Using the data from the first wave of the Survey of Financial Competences (abbreviated as ECF in Spanish), it has been observed that the percentage of those who are faced with medium or high financial fragility in Galicia is lower than in the rest of Spain. In addition, household income and one’s financial capability are buffering factors of financial fragility (FF), both in Galicia and in the rest of Spain. The higher the level of education received, the lower the probability of suffering from a high level of individual self-perceived FF, while the opposite relationship seems to be true for those living with dependent children. These results, which are similar in both subsamples, do not hide notable differences; in comparison with Spain, the impact of financial capability is less relevant in Galicia, while financial inclusion is positively related to FF.

From hashtag to cashback: Success determinants in crowdfunders' user behavior

  • Katrin Kizilkan
Published 26-01-2023

Crowdfunding is a popular approach for entrepreneurs to obtain financial support and has therefore gained importance in the literature and practice in recent years. The communication behavior of starters that lead to the success of a campaign will be summarized and expanded by new findings. As a theoretical added value, this article offers the first attempt to transfer communication theories to the field of reward-based crowdfunding to reveal success determinants in crowdfunders user behavior. The purpose of this paper is to give practical recommendations to starters on how to run a campaign successfully and, more generally, on how they can make full use of social media. By analyzing the dataset of crowdfunding campaigns from Startnext, the largest German-speaking reward-based crowdfunding platform, new success factors are identified using multivariate analysis methods. The results show that social media can offer significant value for businesspeople in terms of marketing if it is used strategically and frequently.

The use of sales technology by salespeople as an information source and stimulant for intrapreneurship

  • Pedro Mendonça Silva
  • Ana Pinto Lima
  • Sandrina Francisca Teixeira
Published 26-01-2023

Digitization has changed the role of salespeople and, consequently, the dynamics of their operations at the interface between the supplier and the customer. Currently, a salesperson is often called upon to solve customer queries, which implies taking on the role of intrapreneur to internally create a solution. This study contributes to the literature by filling a gap regarding intrapreneurial salespeople and their uses of sales technology. This research focuses on the intrapreneurship of salespeople and explicitly investigates its antecedents. The structural equation modelling technique has been chosen as it is considered to be the most appropriate one for the analysis. Research data from 565 Portuguese salespeople reveals that their use of sales technology influences their intrapreneurship behaviour thanks to information systems. Last of all, this study adds invaluable knowledge to the literature, gives valuable insight to sales managers and proposes future lines of research.

Examining the relationships between Entrepreneurship, Intrapreneurship, and e-Commerce. Evidence from Iberian and Scandinavian Countries

  • Pedro Mendonça Silva
  • Victor Ferreira Moutinho
  • Arminda Paço
Published 01-02-2023

Digitisation is a phenomenon that inevitably affects companies and economies. Consequently, the virtual market seems an excellent alternative for aspiring entrepreneurs. Recent statistics precisely point to accelerated growth of e-commerce. Indeed, this and entrepreneurship are business tools that allow a new dynamic in the market. However, recent research has barely explored the relationship between entrepreneurship and e-commerce, so this study contributes to the literature by filling the gap.


In light of the above, this study has used several indicators from two groups of countries, namely Scandinavia, in broad terms (Denmark, Sweden, Norway and Finland), and Iberia (Portugal and Spain) from the years 2012 to 2020. The Panel Corrected Standard Errors models have been used for the econometric treatment of the data. The findings confirm the bidirectional causality between entrepreneurship and e-commerce. In addition, from a widerperspective of entrepreneurship, the paper also reveals that intrapreneurship based on Research and Development (R&D) is an e-commerce driver. Therefore, this study opens up a new discussion and provides relevant support for the theoretical framework and a valuable contribution to the scarce literature on the relationship between entrepreneurship and e-commerce.

Vol 31 No 3 (2022)

Published: 2022-12-01

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