Business Commons^™

Southeast Asian Culture, Human Development, And Business, Patrick Murphy, H. Lavan

Patrick J. Murphy

Competition and entrepreneurship are driving forces in the development of economic systems. They create jobs, new opportunities to generate value, and lead to the fulfillment of personal career and life goals. As such, it is important to understand the basic economic and cultural factors that influence these activities in developing economies. We undertook a series of analyses in an examination of a heterogeneous sample of economic zones in Southeast Asia. Results illustrate relations between national culture, human development, and business and growth competitiveness. Implications hold that human development and power distance are enablers of entrepreneurial activities in these cultural and …

Do Business School Professors Make Good Executive Managers?, B. Jiang, Patrick Murphy

Patrick J. Murphy

Despite suggestions that business school professors do not understand what actually accounts for the performance of business organizations, the evidence is anecdotal at best. We review past work, develop expectations, and provide large-scale evidence for examining the validity of such suggestions. We accessed extensive data provided by Dun & Bradstreet and procured detailed information from 765 leading public and private North American businesses. Analysis of 215 closely matched pairs showed that companies with former business school professors as executives generated significantly greater revenues per employee than counterparts with non-former professors as executives. Companies with former professors in vice-president positions had …

If The Shoe Fits: Wenzhou Aike Shoes Company, Ltd., B. Jiang, Patrick Murphy

Patrick J. Murphy

This case study addresses critical aspects of the strategic management decision to be made by Wenzhou Aike Shoes Company, Ltd., a Chinese multinational shoe manufacturer. The specific focus is on Aike’s operations in Elche, Spain. Over a period of several years, upheaval stemming from a multitude of Chinese new entrants to Elche’s revered shoemaking industry reached a flashpoint. The Chinese new entrants run operations significantly differently than the local Elche businesses in terms of daily practices, production, imitation, price competition, and supply chain management. All of these aspects derive from deep cultural differences and are highlighted in the case. Several …

Dealer Trade Group: High-Tech Venturing In A Low-Tech Industry., Patrick Murphy, C. Crockett

Patrick J. Murphy

No abstract provided.

Knowledge, Technology Trajectories, And Innovation In A Developing Country Context: Evidence From A Survey Of Malaysian Firms, Deepak Hegde, Philip Shapira

Philip Shapira

The Golden Age: Service Management On Transatlantic Ocean Liners, Patrick J. Murphy, R. W. Coye

Patrick J. Murphy

Purpose – The paper seeks to explore lessons in service delivery from an industry that no longer exists. The transatlantic passenger liner dramatizes some of the most unique challenges of service delivery. The ship itself was a delivery mechanism completely separated from support services. Customers were essentially contained for extended periods. Whereas all customers received the same core transportation service, peripheral services varied substantially by service class.

Design/methodology/approach – Description of the historical context is followed by examinations of passenger and service provider perspectives to illustrate services expected and delivered. Primary and secondary source material is used to exemplify service …

Depaul Student Wins First In Regional Competition

Dr. Harold Welsch

No abstract provided.

The Opportunity-Based Approach To Entrepreneurial Discovery Research, Patrick J. Murphy, M. R. Marvel

Patrick J. Murphy

No abstract provided.

Expert Capital And Perceived Legitimacy: Female-Run Entrepreneurial Venture Signaling And Performance., Patrick J. Murphy, J. Kickul, S. D. Barbosa, L. Titus

Patrick J. Murphy

Research has shown that female entrepreneurs face unique barriers to entrepreneurial success, such as procuring funding and being perceived as credible. Limited past theory has addressed how these challenges can be met effectively by female-run entrepreneurial ventures. As a result, effective strategies for female entrepreneurs to overcome them are unclear. To address the need for research in this area, the authors use signalling theory to guide an empirical study utilizing panel study data based on 711 entrepreneurial ventures (334 female-run; 377 male-run). Signals perceived by outsiders pertaining to the risk preference, legitimacy and social capital of female-run ventures are examined …

The Drivers Of Regional Entrepreneurship In Rural And Metro Areas, Jason Henderson, Sarah A. Low, Stephan Weiler

Sarah A. Low

No abstract provided.

Social Entrepreneurship & Direct Marketing, Todd A. Finkle

Todd A Finkle

Perceptions Of Tenure Requirements & Research Records Of Entrepreneurship Faculty Earning Tenure: 1964-2002, Todd A. Finkle, Phil E. Stetz, Michael Mallin

Todd A Finkle

Trends In The Market For Entrepreneurship Faculty From 1989-2005, Todd A. Finkle

Todd A Finkle

Disease Epidemics And Entrepreneurial Tipping Points: Models Of Venture Viability From Customer And Financier Perspectives., Patrick J. Murphy, T. Long

Patrick J. Murphy

Whereas discovery is fundamental to entrepreneurship, there is low understanding of how and why some discovered opportunities spread through market systems. We draw from epidemiological theories of how contagious viruses spread through human populations and propose adaptations of epidemic principles to describe venture spread patterns. We profile venture ideas via epidemiological dimensions (contact rate, market size, adoption rate, useful life). Next, we cross-reference those dimensions to entrepreneurial and financier orientation dimensions. Implications are relevant to the strategic decisions of entrepreneurs and investment decisions of financiers.