Business Commons^™

Globalization Of R&D And Developing Countries, Arash Golnam, Nader Ale Ebrahim, Ali Ghazizadeh

Nader Ale Ebrahim

Reflecting a broader trend towards the off shoring of services, a number of developing countries are attracting foreign direct investment in research and development. Transnational corporations, including the ones headquartered in developed countries, are selecting developing countries as locations for such activities. With the off shoring of research and development, firms aim to access the skills of new locations, adapting products to local markets and reducing their costs, in response to competitive pressures, technological changes and a more liberal trade and investment environment. In particular, information and communication technologies have had a profound effect on the way economic activities, including …

Encouraging Student Participation In Social Entrepreneurship Opportunities, W. Andrew Clark, Peter Hriso, Craig A. Turner

ETSU Faculty Works

Social entrepreneurs utilize the traits of commercial entrepreneurs; organizational abilities, opportunity identification, combining resources in novel ways, willingness to accept and manage risk and explosive growth or returns, to create enterprises that return high social value. As educators, we see opportunities where entrepreneurial skills can be applied to education, not-for-profit organizations, government offices and programs and philanthropic concerns and create service learning opportunities for students beyond the boundaries of the university. Many of us involved in higher education are frustrated with students who do not attend class, turn in assignments late or exhibit a lack of effort in classes where …

The Economic Impact Of The Nebraska Early Care And Education Industry, Eric Thompson, Mary Mcgarvey, Matthew Cushing, Randolph Cantrell, Seth Freudenburg, Travis Heller

Bureau of Business Research Publications

The early care and education industry has both current and long-term economic consequences for the Nebraska economy. The long-term impact is to help to educate and develop children into productive and higher earning adults. This impact is well understood. As stated by Nobel Prize winning economist James Heckman, “Early advantages cumulate; so do early disadvantages… redirecting additional funds toward the early years, before the start of traditional schooling, is a sound investment in the productivity and safety of our society” (Heckman and Masterov, 2005).

In addition to these long-term impacts, the early care and education industry also has current impacts …

Erps In Smes: Ex-Post Evaluation Of Success Factors, Tommaso Federici

Federici Tommaso

In the latest years, the offering of Enterprise Resource Planning systems (ERPs) started to target in part the Public Administrations (PA's) and, above all, the Small / Medium Enterprises (SMEs), both by software multinational corporations and by local software houses. The introduction of ERPs into SMEs cannot be based on a sheer reproduction of the experiences with larger companies and represents a new challenge with significant peculiarities to be considered.

Therefore, it's of particular interest to analyze the operating implementations, in order to identify the success cases, the nature and measure of the benefits obtained and the context- and project-related …

Rationales For Collaboration; Implications For The Irish Road Freight Industry, Eoin Plant, Jim Mcgovern

Conference Papers

The European Union has made a commitment to promoting sustainable mobility through advanced transport logistics. One of the principal areas yet to be addressed is that of the potential barriers to advanced transport logistics and the attitudes of industry to this advancement. This paper addresses some of these concerns and argues that competition for high-value contracts can be very tough, especially where the contracts are from large organisations that often prefer to develop a relationship with only one transport service provider. The paper attempts to put the research into a theoretical framework of Resource-Advantage Theory. Empirical evidence is presented from …

Entrepreneurship As A Wealth Creation And Value-Adding Process, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

The author reflects on the development of the meaning of entrepreneurship. Entrepreneurship is the process of doing something different and new to develop wealth for individual and adding value of the society. He emphasizes that the domain of the entrepreneurship is not only limited to business arena. He adds that its spectrum has also covered the scope of activities of several institutions and organizations.

Employing Social Capital By Small & Medium Enterprises To Bear Fruit From Wireless Communications, Abdelnasser Abdelaal, Mehruz Kamal, Peter Wolcott

Information Systems and Quantitative Analysis Faculty Proceedings & Presentations

Wireless and mobile communications can save Small and Medium Enterprises (SMEs) significant time, money, and effort due to the mobility, flexibility, and ease of use mobile devices provide. SMEs that use such innovations can improve productivity, decrease costs, and enhance the quality of the business process. Lacking technical skills and financial resources, SMEs need special support from local communities and governments in order to survive the severe competition of big chain stores. This paper proposes a model for SMEs to adopt new innovations—those of wireless communications—by employing social capital. We have used a case study approach to show that social …

Going Organic In Singapore: Kemena Enterprise Ltd And The Uob-Smu Entrepreneurship Alliance, Knowledge@Smu

Knowledge@SMU

According to British business research company Organic Monitor, the market across Asia for organic food is set to hit US$1 billion this year. Singapore, too, has been swept up in this organic wave. Last year, the country’s share of the Asian organic food market reached US$40 million. Kemena, a two-year-old company which supplies a range of health products in Singapore, has become the first to introduce organic infant formula into the Singapore market. The company was recently involved with the United Overseas Bank (UOB)-SMU Entrepreneurship Alliance which provides funding for small and medium-sized enterprises to hire student consultants. Knowledge@SMU interviewed …

Learning How To Innovate: Standard Chartered Bank's Ilab@Smu Challenges Students To Bridge Technology And Business, Knowledge@Smu

Knowledge@SMU

"The future of banking is in Asia and the key driver is innovation," according to a statement from Standard Chartered Bank and the Singapore Management University, which together established an innovation centre -- the Standard Chartered iLab@SMU -- in early 2006. Students can work with iLab on projects where they are exposed to a corporate environment and issues relating to managing intellectual property. As an example, several students were recently given the challenge of investigating the viability of voice biometrics authentication technology at the bank. Knowledge@SMU interviewed both the students and bank executives for their views on how the process …

Ua62/3 May Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Incorporating Learning Through Doing In Entrepreneurship Education: The Case Of An University Industry Alliance In Asia, Wee Liang Tan, David B. Montgomery

Research Collection Lee Kong Chian School Of Business

With the developments in Asia, there is little doubt that entrepreneurship education would make it way across from the West to Asia. However, the form and manner it takes may differ because of the context and the definition of entrepreneurship adopted. With the differences in Asia and development of entrepreneurship policies adopted by the Asian policymakers, entrepreneurship education has variations across Asia. This paper outlines one such development in a new university in Singapore, involving the university with an industry alliance.

The Growth Dividend: How Has It Been Allocated?, Eric Thompson

Bureau of Business Research Publications

A growing economy and population in Lincoln, Nebraska have generated an expanding tax base for the city. Growth has been especially rapid in the property tax base. As noted in a recent report by the UNL Bureau of Business Research (2005), the average new housing unit generates annual property taxes for the City of Lincoln substantially greater than does the average existing housing unit. This additional property value is referred to as the “growth dividend” in the Bureau of Business Research report. This growth dividend is available for a variety of uses, including capital outlays on infrastructure, tax relief, or …

Pb1710-Adding Value To Tennessee Agriculture Through Commercial Food-Processing Enterprises, The University Of Tennessee Agricultural Extension Service

Marketing, Finances and Value-Added Agriculture

In addition to providing the Center project clients with the necessary overview of planning, evaluating, starting and operating a commercial, value-added food business, this publication has been developed to serve the interests of an even larger audience of farmers, agri- and home-based business entrepreneurs who are interested in a commercial food-processing business. One of the most important motivations for developing a value-added agricultural enterprise is to return profi ts to the farmer/entrepreneur who provides the investment. However, there are many obstacles that might be encountered as a business develops. Previous studies have shown that not obtaining accurate and timely business …

Nebraska’S Micropolitan Statistical Areas: A Growing Piece Of A Shrinking Pie, Randolph Cantrell

Business in Nebraska

They have been called “urban islands in a shortgrass sea” (Popper and Popper, 1986) and “middle places” (Swanson, 2007). They are the small urban centers that dot the Great Plains and are home to an important share of the region’s non-metropolitan population and economic activity. Compared to the much larger metropolitan centers such as Omaha and Lincoln, they may appear to be minor players in the state’s social and economic landscape—but that would underestimate their role. Individually they anchor the regional “pillars of growth” identified by Thompson (Thompson et al., 2007), and collectively they play a determining role in the …

Outsourcing The Packaging Function, Rihaz Z. Chughatta

Rihaz Z Chughatta

If you are currently working in the packaging department of a major corporation in the pharmaceutical, food or consumer products industry, you have probably been exposed to some form of outsourcing, which is a global trend that has emerged over the past decade, and continues to evolve, within the packaging field.

Ua62/3 April Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

We've Got The Power: Rise Of Women Entrepreneurs, Phyllis Swersky, Aileen Gorman, Jessica Reardon

New England Journal of Public Policy

The authors address women’s recent entrepreneurial successes in local, national, and international settings, offering, as a case study, one nonprofit organization whose mission is to support women entrepreneurs and help them grow: The Commonwealth Institute. In examining The Commonwealth Institute, the authors provide insight into the challenges facing some of the women entrepreneurs they work with in Massachusetts. They also offer some strategies to make sure women continue to make a significant contribution to New England’s economy.

Pb1658 Tennessee Forage Budgets, The University Of Tennessee Agricultural Extension Service

Financial Management

This publication contains short-term planning budgets for the most prevalent forage enterprises in Tennessee. Guideline tobacco, livestock and field crop budgets are published in separate publications.

The Entrepreneurial Process: An Assessment Of A Real Life Case Study And A Theoretical Model, Kevin Neary

Masters

The purpose of this work is to record and document the development cycle of an entrepreneur focusing specifically on the point of start up of the entrepreneurs business through to a key juncture when the entrepreneur sells a portion of his business. The work then examines the Klofsten Business Platform Model, a model that might be described as a self diagnostic tool for new start up ventures by entrepreneurs. The entrepreneur then analyses his business development in light of Klofstens’ Model and comments on how he feels his real life experience fits into the proposed model. After a period of …

Ua62/3 March Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Mike Mccue's Vision For The Convergence Of The Phone And The Web, Knowledge@Smu

Knowledge@SMU

When Mike McCue founded Tellme in 1999, its initial product was a voice-driven information service, what might be termed a "voice portal." Today, the company's voice-recognition systems power directory assistance services from AT&T, Verizon and Cingular along with automated 800-number customer help lines at companies like Merrill Lynch and Federal Express. But McCue still harbors dreams of a broader voice-driven web, one which will provide consumers with new ways of using the phone to interact with the universe of information. He discussed this vision, and others, during a recent interview with Knowledge@Wharton in Tellme's Mountain View, Calif., offices.

Ua62/3 February Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Economic Impact Analysis: The Potential Impact Of An Nhra Drag Racing Facility In Lancaster County, Eric Thompson, Seth Freudenburg, Travis Heller

Bureau of Business Research Publications

Entertainment venues are an important component to the quality of life in cities and states. Venues provide local residents with an opportunity to attend events that interest them without requiring them to travel to another city. This saves local residents money and allows residents to attend more events. Both factors increase the quality of life for local citizens, in much the same way that having more local shopping options raises the quality of life.

Lincoln’s need for new entertainment venues to improve the quality of life and to retain or attract younger residents has been a recent topic of discussion …

New England Journal Of Entrepreneurship, Spring 2007

New England Journal of Entrepreneurship

No abstract provided.

The Black Box: Unraveling Family Business Succession, Noel D. Campbell, Kirk C. Heriot, Dianne H. Welsh

New England Journal of Entrepreneurship

Using the family business succession, resource-based view of firms, familiness, and organizational clan literatures, this article develops a model based on the ability of the family business to use familiness, a specific bundle of attributes deriving from a family’s culture, as a competitive advantage for the family firm. In particular, this resource-based framework of family business shows how familiness can distinguish between family firms that succeed beyond the second generation and those that do not. Implications for future research are discussed.

Toward A Typology Of New Venture Creators: Similarities And Contrasts Between Business And Social Entrepreneurs, Gina Vega, Roland E. Kidwell

New England Journal of Entrepreneurship

This article advances a conceptual typology delineating the differences and similarities between business- and social-sector new venture creators. Our classification scheme differentiates business and social entrepreneurs, considering characteristics of social entrepreneurs in a larger entrepreneurial context. Within a conceptual 2x2 typology based on two dimensions: drive (passion vs. business) and desired return (financial ROI vs. social ROI), we identify and classify 80 examples of new venture creators into one of the quadrants of an enterprise model of entrepreneurs. Preliminary results reveal similarities between social and traditional entrepreneurs and differentiate social entrepreneurs in terms of traits, goals, tendencies, and motivational sources.

Helping Small Business Succeed, Minnesota State University, Mankato

Business/Economics

Bibliography and photographs of a display of government documents from Minnesota State University, Mankato.

Exploring The Role Of Industry Structure In New Venture Internationalization, Stephanie A. Fernhaber, Patricia P. Mcdougall, Benjamin M. Oviart

Scholarship and Professional Work - Business

While we have gained considerable knowledge since the late 1980s regarding the phenomena of international new ventures, less is known about the influence of industry structure on these ventures. In the present paper, we draw on literature from industrial economics, international business and entrepreneurship to identify industry structure variables that fit within the theoretical framework of international new ventures. We then offer propositions as to how the identified industry structure variables individually and jointly influence the likelihood of new venture internationalization.

New Practice Creation: An Institutional Approach To Innovation, Michael Lounsbury

michael lounsbury

Neoinstitutionalists have developed a rich array of theoretical and empirical insights about how new practices become established via legitimacy and diffusion, but have paid scant attention to their origins. This blind spot has been reinforced by recent work on institutional entrepreneurship which has too often celebrated the actions of a single or small number of actors, and deflected attention away from the emergent, multilevel nature of how new kinds of activities emerge and provide a foundation for the creation of a new practice. In this paper, we examine the case of the creation of active money management practice in the …

Globalization, Regional Economic Policy And Research, Edward Feser

Edward J Feser

This paper considers two questions. First, are there unique implications of growing global economic integration for development planning and policy making at the city and regional level? Key issues include whether globalization is appreciably different today than it used to be and whether it means anything more, from the perspective of a given city or region, than heightened competition for resident industries and related challenges of more rapid macro-regional structural change and adjustment. Second, what kinds of spatial empirical research and model building would be most valuable to regional policy makers faced with designing programs and making specific allocative investment …