Digital Commons Network^™

Venture Capital And Marketing With K8 Ventures, Simone-Nicole Angelov '21

2020 Intern Reports

I completed an internship with K8 Ventures, a Venture Builder Studio in Chicago. I had the opportunity to work on projects for K8 as well as P3rceive, one of their major portfolio companies. My time with the company has allowed me to learn about a variety of business procedures, techniques, and terminology, in addition to what it takes to develop a company.

Medical Billing Application Development Project, Ji Yoon Lee '20

2020 Intern Reports

The following report gives a detailed description of the internship carried out by Ji Yoon Lee throughout the duration of the 2019-2020 internship cohort at the Illinois Mathematics and Science Academy. The final product created, the process followed in order to create the product, as well as the research and methods are explained. The report documents the imitations and constraints encountered throughout the project creation and development duration. An inclusion of values, skills, and information resulting from the internship experience are detailed below as well as recommendations on how to improve the results for both the business and for future …

Kissing Frogs: The Challenges Of Becoming A Successful Entrepreneur, George Dierberger, Marc Isaacson, Cory Erickson, Thomas P. Dierberger

Faculty Authored Articles

“Kissing Frogs: The challenges of becoming a successful entrepreneur” explores the difficulties of creating, sustaining and succeeding as a business owner. This research is supplemented with data from a national survey to entrepreneurs (355) through Qualtrics, a global research organization. The respondents represented 42 states from a diverse group of self-identified entrepreneurs from a variety of industries.

To summarize, the paper will analyze the following topics in detail:

1. The importance of the mission and vision for the organization
2. The motivation for starting the business
3. The inspiration for the business idea
4. The importance of perseverance

Thinking And Designing With Design Thinking, Ahmet Can Ozcan, Yasuko Takayama

Markets, Globalization & Development Review

Design Thinking is a popular phrase especially for the last ten years penetrating into the discourse of management and design, business and academia in many ways. The contributions in the form of articles, commentaries and reviews in this MGDR Design Thinking Special Issue show us the examples, how and where we can use Design Thinking especially as an integral part of the design process. The area of design is expanding in diverse ways lately and sometimes it is causing the confusion such as Design Thinking is either a magical design tool, or another buzzword destined to go extinct after inevitable …

Competitive Strategies To Improve Small And Medium Enterprise Sales, Adeola Oluwakemi Ogunyemi

Walden Dissertations and Doctoral Studies

AbstractSmall and medium enterprises (SMEs) are the mainstay of both developed and developing countries by contributing to employment, revenue, and value added. SMEs, however, are not often able to grow because of a lack of appropriate growth strategies. Grounded in Porter’s dynamic theory of strategy, the purpose of this qualitative multiple case study was to explore strategies retail SME owners in Lagos, Nigeria, used to grow sales. The participants were a census of five retail SME business owners who successfully implemented strategies to grow sales. The data collection sources included semistructured interviews, direct observation, company documents, and reflective journals. Based …

Exploring The Strategies For Sustaining Small- To Medium-Scale Enterprises, Kingsley Onochie Umadia

Walden Dissertations and Doctoral Studies

The lack of development and the continued survival of small- to medium-scale enterprises (SMEs) poses a challenge to SME practices in Nigeria. Using sustainability theory, the purpose of this qualitative multiple case study was to explore the strategies that leaders use in sustaining SMEs in Lekki, Lagos, Nigeria. Ten SME leaders from the manufacturing sector, trading services, education, oil and gas service companies, and financial services sector provided comments during the interviews that addressed the research question. Data were analyzed by transcription, coding, categorizing and analysis of participants' responses using member checking. From the themes that emerged from the study, …

Features Of Formation Of The Competitive Environment In Small Business In The Conditions Of Development Of Innovative Economy, Rano Sadikova Phd

The Light of Islam

In a market economy, small business is the leading sector that determines the rate of economic growth, the composition and quality of the gross national product. The development and expansion of the sphere of production and services of small businesses in the Republic will eventually lead to an increase in employment and the development of the country’s economy as a whole.

Further enhancement of the role of small business in the national economy and further improvement of its participation in economic growth largely depends on the state of the competitive environment in this area. It is connected with creation of …

The Prosperity Paradox, A Review, Ryan Stenquist

Marriott Student Review

No abstract provided.

Innovation Agents, Mirit Eyal-Cohen

Washington and Lee Law Review

The standard narrative of entrepreneurship is one of self-employed creative individuals working out of their garage or independently owned start-up companies. Intrapreneurship— where employees are responsible for being alert to new opportunities inside firms—is another model for developing innovations. Relatively little is known, however, about the latter process through which large, complex firms engage in groundbreaking corporate entrepreneurship.

This Article’s focus is on these types of innovation agents. It provides a thorough account of the positive and negative spillovers of intrapreneurial firms while making the following key points: First, intrapreneurial companies utilize their economies of scale, scope, and age to …

How Ties With Family Members Influence Professionals' Creativity In Family Businesses: The Role Of Hive Effect And Trust, Rameshwari Ramachandra

Dissertations and Theses Collection (Open Access)

Many Asian enterprises are family businesses. In recent years, there has been a growing body of research on creativity in Asian firms, but few studies on the creativity of the professionals working in Asian family businesses. Given the importance of creativity in family businesses for their continued success, I examined how a professional’s ties to family members in a family business influenced their creativity. I proposed that the number of family members in a professional’s network would positively predict the professional’s creativity, and that this effect would be mediated by the family members’ affective and cognitive trust in the professional. …

Innovate Within Product Lines Or Outside Of Them? An Ethnographic Study Of Corporate Innovation In A Corporate Venture Makerspace., Cole Joseph Crider

Electronic Theses and Dissertations

Organizational forms firms use for innovating include R&D departments, corporate venturing, and open innovation. This dissertation examines a new form for corporate innovation—the corporate venture makerspace. Makerspaces are “shared production facilities,” and scholars suggest they are environments in which to create; yet few firms have adopted them as a means to innovate. This dissertation is an ethnographic study in which I examine why a large corporation with active R&D centers and limited resources also has a corporate venture makerspace as a secondary innovation mechanism when both organizations serve the same overarching function: explorative learning activities intended to generate innovative …

Traits And Trends Of Social Entrepreneurship/ Innovation Leaders, Heet Ghodasara, Juanie Walker

Seaver College Research And Scholarly Achievement Symposium

The purpose of this study was to examine qualifications, characteristics, successes and motivations among leading social entrepreneurs in not-for-profit or for-profit organizations. Based on an interview guide developed by Dr. Juanie Walker and Heet Ghodasara, Ghodasara conducted interviews with 20 leaders of social entrepreneurship/innovation strategically located in Washington, D.C. Thematic analysis of interview transcripts revealed traits of successful organizations and individuals supported by provocative quotes. Themes of successful organizations include system disruptions, mutual investment, broad network and founder obsolescence. Individual themes include traits such as self efficacy, humility, grit and perseverance as well as imperatives to Get Dirty but Clean …

Business Model Innovation: A Review And Research Agenda, Boumediene Ramdani, Ahmed Binsaif, Elias Boukrami

New England Journal of Entrepreneurship

Purpose – The aim of this paper is to review and synthesise the recent advancements in the business model literature and explore how firms approach business model innovation. Design/methodology/approach – A systematic review of business model innovation literature was carried out by analysing 219 papers published between 2010 and 2016. Findings – Evidence reviewed suggests that rather than taking either an evolutionary process of continuous revision, adaptation and fine-tuning of the existing business model or a revolutionary process of replacing the existing business model, firms can explore alternative business models through experimentation, open and disruptive innovations. It was also found …

Entrepreneurship In Silicon Valley: The Road To Sustainable Prosperity, June Y. Lee

Entrepreneurship, Innovation, and Strategy

No abstract provided.

Strategies To Secure Sustainable Funding For The Successful Conclusion Of Infrastructure Projects, Ibrahim Adia

Walden Dissertations and Doctoral Studies

Construction industry leaders who neglect to implement appropriate project funding strategies harm business operations and lose profits. Inadequate funding is also a significant cause of project failures in the global construction sector. The purpose of this qualitative multiple case study was to explore strategies construction project owners use to secure sustainable funding for the successful conclusion of infrastructure projects. The population comprised 5 leaders of organizations owning construction projects in the Middle Eastern Gulf Cooperation Council states, with successful strategies to acquire adequate funding for completing infrastructure projects. Data were collected from semistructured interviews with the business leaders and reports …

Editorial: Entrepreneurship And Innovation In A Global Context, Chun (Grace) Guo, Crystal X. Jiang

New England Journal of Entrepreneurship

Ever since Sir Tim Berners-Lee invented the World Wide Web in 1989, the world is revolutionized in ways of communications and social networking. Now technology advancement drives transformation around the world with fastened speed of globalization, allowing more companies achieving globalization and recognize cross-cultural, cross-national, cross-disciplinary opportunities to create new value-added activities. Technology advancement such as the fourth industrial revolution will inevitably transform the ways in which we live, work and interact with one another. As such, we need to embrace technology changes and examine the evolving domain of international entrepreneurship (IE) research and identify where the gaps are in …

Intellectual Property: Ownership And Protection In A University Setting, Cynthia L. Dahl

All Faculty Scholarship

Before an academic entrepreneur may protect or commercialize an invention, they must understand if they own the rights to it. This short chapter helps the inventor to consider the various scenarios that occur in a university setting. It advises the inventor how to seek a waiver from the university if they believe they are the true owner of the invention. If the facts indicate that the invention should be owned by the university, the chapter also discusses how a university decides to formally protect the invention through patent or copyright. Finally, the chapter advises the inventor how to stay involved …

Intellectual Property: Commercializing In A University Setting, Cynthia L. Dahl

All Faculty Scholarship

If an academic entrepreneur wants to commercialize their invention, they must first clarify who owns the invention, and then decide on the best commercialization possibility. This short chapter describes the various scenarios that might occur in a university setting. In most cases, a university will own the invention created by its researchers and faculty because of their employment. A university may then either license out the entrepreneur’s invention to a third-party company to further develop and commercialize, or may license the invention back to the entrepreneur so that they may commercialize it themselves through a start-up. Such license agreements will …

Book Review: Zero To One, By Peter Thiel, Ammon Kou

Marriott Student Review

This is a book review of Zero to One by Peter Thiel.

Law Library Blog (July 2018): Legal Beagle's Blog Archive, Roger Williams University School Of Law

Law Library Newsletters/Blog

No abstract provided.

Innovation And Small Business Success, Anirban Mukherjee, Hannah H. Chang

Research Collection Lee Kong Chian School Of Business

This article seeks to discuss three fundamental questions relating to innovation: What is innovation? What makes it important for small businesses? How can small businesses innovate?

The Leadership Role Of Management Accountants As It Contributes To Innovation And Entrepreneurship In Start-Up Businesses In Southern California, Paula Edwards

Dissertations

Purpose: The purpose of this qualitative study was to understand and describe the leadership role of managerial accountants as it contributes to innovation in start-up businesses in Southern California.

Methodology: The methodology used to understand and describe the leadership role of managerial accountants as it contributes to the innovation and entrepreneurship in start-up businesses in Southern California was a qualitative study. The study participants included 12 entrepreneurs who had started a business in the last five years, had utilized a management accountant on a part-time, full-time or consultant basis and are located in the San Diego, Orange, or Los …

Understanding The Role Of Social Capital On Performance In Family Firms., Mahshid Jessri

Electronic Theses and Dissertations

One important form of social capital is family social capital, which is mainly the relationship among family members in family business. In this dissertation, we utilize two perspectives of innovativeness and network mobilization to study the relationship between family social capital and firm performance. In the first study, we examine family social capital as a multidimensional construct, and study the relationship between the three aspects of structural, cognitive, and relational family social capital. The relationship between relational social capital and performance is studied through the lens of network mobilization, and the model investigates how family firm identity alters this relationship, …

A Socioemotional Wealth Perspective On Innovativeness And Performance Of Family Businesses., Vasiliki Kosmidou

Electronic Theses and Dissertations

This dissertation is a theoretical and empirical examination of the relationships among socioemotional wealth, innovativeness, and performance in family firms. Building on the Behavioral Agency Theory’s predictions that socioemotional wealth of family firms may affect their strategic decision making both positively and negatively, this study theoretically develops and tests a research model that aims at understanding the nuanced influences of different socioemotional wealth dimensions on firm innovativeness and performance. Specifically, the study hypothesizes that a family’s socioemotional wealth affects the firm’s innovativeness and performance both negatively, in the case of internal socioemotional wealth and positively, in the case of external …

Intellectual Property Issues For Startups Participating In Entrepreneurship Support Programs In Wisconsin, Nathaniel S. Hammons

Marquette Intellectual Property Law Review

Wisconsin is not known as a bastion of startup activity. Yet the startup scene has changed significantly since the turn of the century, and the pace of change has been accelerating. In 2001, only eight early-stage Wisconsin companies raised capital, totaling less than $53 million. In 2016, by way of comparison, 137 early-stage Wisconsin companies raised more than $276 million in investment capital. As someone familiar with the state might surmise, more than half of the deals closed in 2016 were in the Madison area, home to the University of Wisconsin-Madison and large employers in information technology, healthcare, and life …

Survival Drivers Of Post-Incubated Start-Ups: The Effect Of Academic Governance, Simone Scagnelli, Lorenzo Vasile, Mico Apostolov

Research outputs 2014 to 2021

Incubators, spin-offs, industrial networks and consortiums are some of the examples to build-up university–industry links in fostering innovation. University incubators are well known for supporting the growth of start-ups by providing knowledge and research, as well as, sustaining entrepreneurship by the direct involvement of their faculty. In this regard, the aim of this paper is to examine the influence of faculty members on the financial performance of a sample of new technology based firms which have been previously incubated by different Italian University Incubators. Essentially, the results on the presence of academic governance in relation to the financial performance of …

Leadership Skills To Sustain High-Tech Entrepreneurial Ventures, Zoaib Z. Rangwala

Walden Dissertations and Doctoral Studies

High-tech (HT) innovation-oriented entrepreneurs start 35% more ventures and create 10% more jobs in the first 5 years of operation than the rest of the private sector and drive significant economic growth across all industries; however, more than 50% of the entrepreneurial HT ventures fail during the first 5 years of operations. Guided by the conceptual framework of transformational leadership theory, the purpose of this multicase study was to explore skills used by successful entrepreneurial leaders to sustain their HT ventures in Silicon Valley, California. Data collection was from 8 participants in semistructured 1-on-1 interviews and 3 participants in a …

Reasonable Patent Exhaustion, Herbert J. Hovenkamp

All Faculty Scholarship

A lengthy tug of war between the Supreme Court and the Federal Circuit Court of Appeals may have ended when the Supreme Court held that the sale of a patented article exhausts the patentee seller’s rights to enforce restrictions on that article through patent infringement suits. Further, reversing the Federal Circuit, the parties cannot bargain around this rule through the seller’s specification of conditions stated at the time of sale, no matter how clear. No inquiry need be made into the patentee’s market power, anticompetitive effects, or other types of harms, whether enforcement of the condition is socially costly or …

Making Money And Making Change: Understanding And Overcoming Tension Between Profits And Purpose Within Social Entrepreneurship, Elijah H. Etzioni

CMC Senior Theses

Using a combination of interviews of social entrepreneurs and secondary research, this paper investigates the strategies that social entrepreneurs use to overcome tension and conflict between the two distinct goals of financial sustainability and mission fulfillment. The results suggest that although some social entrepreneurs can simultaneously achieve revenue generation and mission fulfillment, thus almost entirely eliminating any tension or misalignment, it is the creative responses of social entrepreneurs who have achieved one of these objectives and are attempting to achieve the other that prove the unique value of the practice. Additionally, the results gesture towards the conclusion that different kinds …

Activating Actavis, Aaron Edlin, C. Scott Hemphill, Herbert J. Hovenkamp, Carl Shapiro

Aaron Edlin

In Federal Trade Commission v. Actavis, Inc., the Supreme Court provided fundamental guidance about how courts should handle antitrust challenges to reverse payment patent settlements. The Court came down strongly in favor of an antitrust solution to the problem, concluding that “an antitrust action is likely to prove more feasible administratively than the Eleventh Circuit believed.” At the same time, Justice Breyer’s majority opinion acknowledged that the Court did not answer every relevant question. The opinion closed by “leav[ing] to the lower courts the structuring of the present rule-of-reason antitrust litigation.”This article is an effort to help courts and counsel …