Purpose -The concept of "traceability as a strategy and mandatory initiative" has replaced that of "traceability as a cost of a business or as a voluntary responsibility". This implies that the introduction of a traceability system should be perceived and positioned as a catalyst for better business practices. However, despite these benefits, a traceability system is also investment-worthy. Hence, the value of investment in a traceability system constitutes a matter of considerable concern and debate for both practitioners and academics alike. This paper seeks to present a cost-benefit evaluation applied in a natural mineral water company regarding the pilot deployment of an electronic-based traceability system. Design/methodology/approach -This is a case based study. Findings -Based on the experience described previously, a high-level framework is generated that any organisation can refer to as a proper guideline in order to demonstrate how the costs and benefits can be compared for overall evaluation of the deployment of any traceability system. The details of the framework are described by applying it to a specific case. Practical implications -The present framework has theoretical interest for replicability in a different number of food sectors. Originality/value -The paper contributes to closing the existing gap regarding the theoretical approach that food traceability systems can adopt when their costs and benefits are investigated.
Many new product innovations are attributed to new venture creation. Although there are many success cases, many new ventures quit before they have fulfilled their greatest potential mainly because the team quits their effort. This research tries to delve into several factors that affect the dynamics of an entrepreneurial team along the different stages of the new venture creation process. Given such direction, primary data from 12 entrepreneurial teams are undertaken within an incubator environment, which is an underresearched context. An in-depth study of these entrepreneurial teams suggests numerous determinants (variation in the intentions and expectations, improper leadership, ineffective communication, engagement, team structure) to have a serious effect on team dynamics and team cohesiveness. Following a grounded theory approach, specific research propositions are formulated and theoretical insights are drawn. Moreover, the results of this research assist nascent entrepreneurs in assessing their potential, recognizing critical team dynamics, and basing their choice on moving to a sustainable new venture creation.
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