Glossary entry

English term or phrase:

environmental munificence

English answer:

richness of appropriate resources in a particular environment

Added to glossary by Stephanie Ezrol
May 16, 2011 21:33
13 yrs ago
4 viewers *
English term

environmental munificence

Non-PRO English Other Business/Commerce (general) study
We controlled for environmental munificence and dynamism to capture
industry-level differences in the environments that firms faced. As have those conducting prior work,
we calculated environmental munificence as the regression slope coefficient divided by the mean
value for the regression of time against the value of shipments for a firm’s industry for the preceding
five years.
Change log

May 16, 2011 21:33: changed "Kudoz queue" from "In queue" to "Public"

May 30, 2011 10:31: Stephanie Ezrol Created KOG entry

Responses

+3
1 hr
Selected

richness of appropriate resources in a particular environment

This is a standard term that seems to be used in discussion of business enterprises and their relationship with the local resources in the environment in which they will be operating.

"As a result, the abundance of resources in the environment (i.e., environmental munificence) would seem to have an impact on the firm's entrepreneurial orientation
....
Environmental munificence refers to the extent to which critical resources exist in the environment. The degree of resource abundance in the firm's environment (i.e., munificence)"
http://www.babson.edu/entrep/fer/papers97/kirtchoff/kir3.htm
Peer comment(s):

agree Veronika McLaren : yes, abundance of available resources
1 hr
Thanks Veronika !
agree Thuy-PTT (X)
5 hrs
Thanks Thuy-PTT !
agree Phong Le
14 hrs
Thanks Phong Le !
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."
40 mins

environmental munificence

There really is no other way to put it.
You have not said what your question is. If it is a definition, it would be best to familiarise yourself with the subject thoroughly. This can be easily achieved by doing a web search on this term, and discover what, for example, a "munificence construct" is.
Peer comment(s):

neutral AllegroTrans : An asker's question in an EN-EN forum is to seek further understanding of the term; you have not provided this
35 mins
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