Digital Commons Network^™

The Startup Journey: How To Start A Fashion Business, Anupama Pasricha, Tran Nguyen

Fashion Design and Merchandising Faculty Scholarship

No abstract provided.

A Robust Valuation Model For Entrepreneurial Ventures, Haim Kedar-Levy

The Journal of Entrepreneurial Finance

Pro forma estimation of financial statements often builds on constant ratios to sales revenue. While constant ratios may be relevant for established firms operating in predictable industries, they yield noninformative and possibly misleading information when applied to new firms, and particularly to technology ventures. Because new firms grow and change rapidly, a robust analysis should be based on intimate familiarity with the specific firm's business plan. This paper presents an alternative approach that links the firm's budget, as derived from its business plan, to pro forma financial statements, and to valuation models. The resulting estimated firm value is less sensitive …

Patent Value And Citations: Creative Destruction Or Strategic Disruption?, David S. Abrams, Ufuk Akcigit, Jillian Popadak

All Faculty Scholarship

Prior work suggests that more valuable patents are cited more and this view has become standard in the empirical innovation literature. Using an NPE-derived dataset with patent-specific revenues we find that the relationship of citations to value in fact forms an inverted-U, with fewer citations at the high end of value than in the middle. Since the value of patents is concentrated in those at the high end, this is a challenge to both the empirical literature and the intuition behind it. We attempt to explain this relationship with a simple model of innovation, allowing for both productive and strategic …

Jeffrey And Bonnie Clark Provide $6 Million Leadership Gift To Help Establish The Jeffrey D. Clark Center For Entrepreneurship, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Utah State University alumnus Jeffrey Clark and his wife, Bonnie Clark, have provided a $6 million leadership gift to help establish the Jeffrey D. Clark Center for Entrepreneurship at the Jon M. Huntsman School of Business at Utah State University.

Simplified Method For Teaching Cash Flow Statement Construction To Entrepreneurship And Non-Accounting Majors, Dale T. Eesley

Mountain Plains Journal of Business and Technology

It is a common mantra of entrepreneurs that cash is king, and educators in entrepreneurship have stressed the need to make the understanding of cash flows a central theme early in a student’s education (Leauby and Wentzel, 2012; Pearl, 1986; Wouters, 2008). However, the ability to teach entrepreneurship students how to develop a statement of cash flows is viewed by many as a difficult task for educators. Many students struggle to understand the indirect method of modeling cash flows (Vent and Cocco, 1996) because the method of constructing the cash flow statement is not intuitive (Hodder, Hopkins, and Wood, 2008). …

Innovation And Self-Leadership: The Effects Of Self-Leadership Knowledge On The Innovation Landscape, Lynn Eliason

Professional Projects

The open innovation landscape of today allows any individual the ability to work, use their creative ideas, and receive external ideas for innovation. Innovators are no longer the chosen few behind closed doors who are at the right level in an organization, at the right place, and at the right time. The open innovation environment requires individuals who are self-leaders with the skills and abilities to lead innovation projects. This study explores how the organizational position of individuals can affect how they feel about innovation and their perception of their innovative abilities. This information can help to guide organizations on …

A Categorical Data Analysis On Relationships Between Culture, Creativity And Business Stage: The Case Of Vietnam, Quan Hoang Vuong, Nancy K. Napier, Tri Dung Tran

International Business Program

In this paper, we offer a new way of exploring relationships between three different dimensions of a business operation, namely the stages of business development, the methods of creativity and the major cultural values. Although separately each of these has gained enormous attention from the management research community, evidenced by a large volume of research studies, few studies have attempted to describe the logic that connect these three important aspects of a business, let alone develop empirical evidence that supports any significant relationships among these variables. This paper also provides a dataset and an empirical investigation on that dataset, using …

Dear Women!!! Beware That It’S Up To You Choise Is You Or You Are Choiceless, Ugur Demiray

Ugur Demiray

Any kind of education is getting very important for our live at any level day by day. After 1970s, education is included developed technology within running at any level, at any kind of it forma lor informal as traditional and distance. The most limited learner were women for educating their self according to the men beside for their multi responsibility as mother ship, housing and other reasons as economic, religion, cultural, geographical conditions so on. How women have ability for education this brings inequality between men and women in for workforce and in workplace for developed and under developed countries. …

The Economics Of Entrepreneurship: Subsidies, Risk And Tax Evasion, Dennis H. Barber Iii

Economics ETDs

Often times, policymakers develop legislation to increase the levels of entrepreneurial activity. These policies exist at the federal, state and local levels as part of economic development plans. This dissertation aims to offer information to policymakers on the effectiveness of existing policies and to evaluate how entrepreneurial individuals behave. There are three approaches taken in this dissertation. The first chapter presents a natural experiment and utilizes a difference-in-difference-in-difference model to investigate whether state level subsidies increased the health insurance take-up rate among the self-employed. The findings suggest that, in fact, these types of subsidies did increase the probability that a …

Chief Executive Officer (Ceo) Tenure In Initial Public Offering (Ipo) Firms: An Event History Analysis Of The Determinants Of Turnover, Hitoshi Mitsuhashi, Theresa M. Welbourne

Theresa M. Welbourne, PhD

Relying on network theory and power dependence theory, we develop a series of hypotheses that focus on determinants of Chief Executive Officer (CEO) turnover in IPO firms. We studied CEOs who had been with their companies at the IPO with a sample of 120 firms. The results indicate that having outsiders on the board of directors, selling shares at the time of the IPO, and being a part-time CEO all increase the risk of CEO turnover. CEO tenure at the time of the IPO, however, reduces turnover. Contrary to what we expected, being the founder of the company has no …

Law And Entrepreneurial Opportunities, D. Gordon Smith, Darian M. Ibrahim

Faculty Publications

No abstract provided.

Entrepreneurship In Emerging Markets: New Insights And Directions For Future Research, Ilan Alon, Daniel Rottig

Faculty Publications

In recent years, the entrepreneurship and emerging markets research streams have intersected. Emerging markets provide an opportunity to examine entrepreneurship in different contexts and forms. This article discusses the current literature that interconnects both research streams in general, comments on the contributions of the articles published in the special issue on entrepreneurship and emerging markets in particular, and sketches out future avenues for research. These contributions span several theoretical lenses, including institutional theory, internationalization theory, transaction cost economics, and the resource-based view, as well as multiple geographic regions, including China as the largest emerging economy and other countries in East …

Entrepreneurial Transformation Of The School Of Education At One Midwestern Public University: A Case Study, Inna Molitoris

Master's Theses and Doctoral Dissertations

Globalization and the rapidly changing market cause universities to seek new and creative ways to survive and succeed. The term entrepreneurial university is an ideological umbrella for those higher education institutions that are attempting to fully participate in the social and economic life of society. This qualitative study was aimed to investigate the entrepreneurial transformation at the departments of the School of Education at one Midwestern large public comprehensive university. The researcher sought to better understand the growth of the programs and services at the organization and how entrepreneurial concepts such as entrepreneurial behavior, culture, entrepreneurial products, creativity, innovations, and …

The Scholar As Startup: How Academic Entrepreneurs Use Continuous Innovation, Jonathan D. Hagood

Faculty Presentations

Using Eric Ries's Lean Startup Method, you, too, can be an academic entrepreneur, someone who innovates by managing ideas; validating them through frequent experimentation; building products (e.g., lessons, assignments, programs, texts, and creative performances); measuring their effectiveness; learning to persevere or pivot; and gauging progress, setting up milestones, and prioritizing tasks.

Female Entrepreneurship In A West African Context: Network, Improvisation And Dependency, Anniken Førde

Journal of International Women's Studies

This article addresses gender and entrepreneurship in a West African context. Through a case study of the network Les Femmes Entrepreneurs in Ngaoundéré, North Cameroon, gendered spaces and how these are being articulated, maintained and changed are analysed. The Cameroonian female entrepreneurs have a broad understanding of entrepreneurship, including all kinds of improvisation to survive and fight poverty. The network consists of women performing a multitude of activities, using Les Femmes Entrepreneurs as a social and economic safety net as well as to gain access to international financial support. Their entrepreneurial practices challenge established narratives of entrepreneurship. It is argued …

Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A. Erin Bass

Marketing and Management Faculty Publications

This study focuses on the supplemented strategies of microfinance institutions (MFIs), in which the MFI offers nonfinancial services, such as entrepreneurship related knowledge, in addition to financial services to impoverished borrowers at the bottom of the pyramid (BoP). We examine two contextual factors–foreign direct investment (FDI) and loan defaults–to better understand the relationship between providing knowledge support to encourage entrepreneurship and costs of operating at the BoP for MFIs. In contexts where FDI is low and loan defaults are high, providing knowledge support to encourage entrepreneurship aggravates the MFI's costs of operating at the BoP. However, in contexts where FDI …

Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A. Erin Bass

Marketing and Management Faculty Publications

This study focuses on the supplemented strategies of microfinance institutions (MFIs), in which the MFI offers nonfinancial services, such as entrepreneurship related knowledge, in addition to financial services to impoverished borrowers at the bottom of the pyramid (BoP). We examine two contextual factors— foreign direct investment (FDI) and loan defaults— to better understand the relationship between providing knowledge support to encourage entrepreneurship and costs of operating at the BoP for MFIs. In contexts where FDI is low and loan defaults are high, providing knowledge support to encourage entrepreneurship aggravates the MFI’s costs of operating at the BoP. However, in contexts …

Legal Mirrors Of Entrepreneurship, Mirit Eyal-Cohen

Mirit Eyal-Cohen

Small businesses are regarded the engine of the economy. But just what is a “small” business? Depending on where one looks in the law, the definitions vary and they differ from one section to another. Unfortunately, what these various size classifications fail to assess, are the policy considerations and the legislative intent for granting regulatory preferences to small concerns to begin with.

In the last century, the U.S. government has been cultivating one such policy of fiscal and economic growth. Consequently, Congress and private institutions have been acting to incentivize, support and reward entrepreneurship through the law in order to …

Present At The Creation: Reflections On The Early Years Of The National Association Of Corporate Directors, Lawrence J. Trautman

Lawrence J. Trautman Sr.

Effective corporate governance is critical to the productive operation of the global economy and preservation of our way of life. Excellent governance execution is also required to achieve economic growth and robust job creation in any country. In the United States, the premier director membership organization is the National Association of Corporate Directors (NACD). Now over 36 years old, NACD plays a major role in fostering excellence in corporate governance in the United States and beyond. Over the past thirty-six years NACD has grown from a mere realization of the importance of corporate governance to become the only national membership …

Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger

James E. Prieger

What is the “growth penalty” when a country’s entrepreneurship deviates from its optimal level? We use data on entrepreneurship for a panel of developed and developing countries over 2003-2011 to estimate growth equations. We treat the impact of entrepreneurship on real GDP growth as heterogeneous across countries. The methodology accounts for unobserved heterogeneity among countries in the optimal entrepreneurship rate and other factors affecting growth. In less developed countries, there is not enough entrepreneurship, and increases in the entrepreneurship rate have a sizeable positive effect on growth. In high income countries, entrepreneurship appears to be close to the optimum. We …

Book Review Of: The New Entrepreneurial Leader: Developing Socially, Ethically, Economically And Environmentally Sensitive Leaders - A Literature Review Of Recent Trends From Three Leading Writers, Shahid Qureshi

Business Review

In the past few decades the words used as synonyms for leadership were confidence, strategic planning, and a focused mindset. The business schools claim to produce managers and leaders with the above mentioned qualities that are required to manage and run the present day corporations.

Three Essays On Immigrant Entrepreneurship, Kaveh Moghaddam

Theses and Dissertations in Business Administration

Despite the saliency of immigrant entrepreneurship, our understanding of the unique challenges of start-up processes confronting immigrant entrepreneurs is quite limited. While entrepreneurship as a field of study is growing rapidly, it is criticized for the lack of commonly accepted and well developed research paradigms. To address this theoretical gap in the entrepreneurship literature in general and in the immigrant entrepreneurship research in particular this dissertation addresses the following overarching question in a three essay format: What are the start-up processes and outcomes associated with immigrant entrepreneurship? The first essay suggests a theoretical framework which exhibits how the social embeddedness …

Global Entrepreneurship Monitor 2012 Singapore Report, Olexander S. Chernyshenko, Marilyn A. Uy, David Gomulya, Francis L. K. Wong, Moon-Ho R. Ho, Yoke Yong Lai, Kim Yan Chan, Olwen Bedford

Research Collection Lee Kong Chian School Of Business

Independent of the stage of economic development, entrepreneurship plays a significant role for the expansion, job creation and overall economic health within a country. As a leading international indicator of entrepreneurial activity around the world, the Global Entrepreneurship Monitor (GEM) provides valuable insight into the state of entrepreneurship within and across developed and developing economies. Knowing the entrepreneurial aspirations of country’s residents is particularly relevant to Singapore’s innovation-driven economy given that the country’s prosperity depends largely on the economic activities of its citizens. We describe the key definitions and terms used in the GEM as well as the stages of …

2012 Economic Impact Of Jumpstart Inc. Portfolio And Client Companies, Candice Clouse, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

The Impacts Of Founding Teams' Characteristics, Types Of Opportunities, And Types Of Strategies On Firm Performance In New Business Ventures, Kyung-Moon Kim

Doctoral Dissertations

In this dissertation, I examine the impact of the characteristics of founding team on firm performance in new business ventures. In addition, this study investigates the moderating effects of the types of opportunities and the types of strategies on the relationships between founding teams' knowledge and firm performance. Although considerable research has examined the effects of founding teams' education and experience on firm performance, findings are inconclusive and disintegrated. Few studies have attempted to investigate the combined effects of these important factors on new ventures' performance and survival. As a result, this study investigates the impact of founding team knowledge …

Economic Growth And The Optimal Level Of Entrepreneurship, Catherine Bampoky, Luisa Blanco, Aolong Liu, James Prieger

School of Public Policy Working Papers

What is the “growth penalty” when a country’s entrepreneurship deviates from its optimal level? We use data on entrepreneurship for a panel of developed and developing countries over 2003-2011 to estimate growth equations. We treat the impact of entrepreneurship on real GDP growth as heterogeneous across countries. The methodology accounts for unobserved heterogeneity among countries in the optimal entrepreneurship rate and other factors affecting growth. In less developed countries, there is not enough entrepreneurship, and increases in the entrepreneurship rate have a sizeable positive effect on growth. In high income countries, entrepreneurship appears to be close to the optimum. We …

Emotional Incongruity In The Interpersonal Relationships Of University Students: A Research Report, Olga Kolyukh, Gulnara Kazhikenova

Level 3

This article reports on the emotional security of a sample group of university students based on analysis of survey findings from 2012. The broad purpose of the survey was to assist both teaching staff and students to understand the dynamic in interpersonal communications and the impact of communications on parties in the interaction. The survey instrument was a standardised psychological test for indicators of emotional stability and stress levels. It was implemented with a representative sample of one-hundred students across the third year of a bachelor programme in Pavlodar State University, Kazakhstan. The findings were analysed using four tools: Lyusher's …

Two Decades Of Rpl/Apel In Ireland: Practitioner Views, Deirdre Goggin

Level 3

My initial involvement was as an RPL assessor of an application for a marketing subject I was delivering through the Continuing Education Department. At the time RPL was not as developed as it is now within CIT. I received the required paper work and sat down with Phil O’Leary, CIT’s RPL Officer, who familiarised me with the process. In later years I moved from the private sector into the RPL office of CIT. I assisted staff and students in the RPL process, in preparing and assessing material. In conjunction with Phil O’Leary we developed an updated student handbook for circulation …

The Relationship Of Achievement Motivation To Entrepreneurial Behavior: A Meta-Analysis, Christopher J. Collins, Paul J. Hanges, Edwin A. Locke

Christopher J Collins

Entrepreneurship is a major factor in the national economy; thus, it is important to understand the motivational characteristics spurring people to become entrepreneurs and why some are more successful than others. In this study, we conducted a meta-analysis of the relationship between achievement motivation and variables associated with entrepreneurial behavior. We found that achievement motivation was significantly correlated with both choice of an entrepreneurial career and entrepreneurial performance. Further, we found that both projective and self-report measures of achievement motivation were valid. Finally, known group studies yielded a higher validity coefficient than did individual difference studies.

Entrepreneurial Motivation, Scott Shane, Edwin Locke, Christopher Collins

Christopher J Collins

Recent research on entrepreneurship has focused largely on macro-level environmental forces. Although researchers adopting this focus have rightly criticized much of the existing empirical research on the role of human motivation in entrepreneurship, we believe that the development of entrepreneurship theory requires consideration of the motivations of people making entrepreneurial decisions. To provide a road map for researchers interested in this area, we discuss the major motivations that prior researchers have suggested should influence the entrepreneurial process, as well as suggest some motivations that are less commonly studied in this area. In addition to outlining the major reasons for exploring …