Business Commons^™

Moving Education In2 The Future: Creating The Next Generation Of Innovators, Lawrence Bergie, Britta Mckenna

Lawrence Bergie

What started as planning for the next generation of inquiry-based learning led to an entirely new center for innovation and entrepreneurship! Hear how this innovative idea moved to the design of a physical innovation hub and see how IMSA has transformed a former computer lab IN2 a working prototype of their future space. Dive into the many aspects of creating innovation spaces: design process, STEM foundation and entrepreneurship cornerstone, Makerspace development through a student leadership and service initiative, collaboration potential with community partners and local/regional business entities, student inquiry and research potential and the ability to showcase area emerging technology …

Legitimacy, Attitudes And Intended Patronage: Understanding Challenges Facing Black Entrepreneurs, Michael Ogbolu, Robert Singh, Anthony Wilbon

Anthony Wilbon

Social Entrepreneurship And Social Work: The Need For A Transdisciplinary Educational Model, Monica Nandan, Patricia Scott

Monica Nandan

Increasingly, human service agencies are facing revenue shortfalls, which are endangering important social programs. Unless human service leaders find sustainable revenue sources to support programmatic efforts, their programs will remain financially unstable. Social entrepreneurship (SE), which balances organizational economic and social goals, offers one possible solution. Unfortunately, very few human service administration programs offer SE training, and those that do utilize a mono-disciplinary education model. In truth, effective SE requires skills/knowledge that traverse various academic disciplines and community groups. The authors recommend that human service administration programs collaborate and offer transdisciplinary, problem-based SE programs to prepare human service administrators.

Law For Entrepreneurs And Small Business Owners Textbook, Robert Sprague

Robert Sprague

Textbook written primarily for those who are interested in someday starting their own business. It is based on the author’s own experiences as an entrepreneur, small business owner, attorney for small businesses, and instructor of an undergraduate ‘‘Business Law for Entrepreneurs’’ class. The book also includes advanced topics that can be used in an MBA or graduate entrepreneurship course.

Innova Technology (B): Growing The Business For Anti-Loss Devices, Desai Narasimhalu, Sarita Mathur

Arcot Desai NARASIMHALU

This case is the second part of a two-part series on Innova Technology, a technology start-up company based in Singapore. The two cases focus on: Case (A) – Developing, producing and marketing a product innovation Case (B) – Growth strategies and its related challenges for a young technology company The case is set in November 2012, two months after the launch of PROTAG, a new anti-loss device developed by Rick Tan and his partner, Jonathan Lim. Tan is the chief executive officer of Innova Technology Private Limited, the company that manufactures and sells PROTAG. After a highly successful product launch, …

Innova Technology (A): Seeking A Market For Anti-Loss Devices, Desai Narasimhalu, Sarita Mathur, Adina Wanjun Wong

Arcot Desai NARASIMHALU

This case is the first part of a two-part series on Innova Technology, a technology start-up company based in Singapore. The two cases focus on: Case (A) – Developing, producing and marketing a product innovation Case (B) – Growth strategies for a young technology company The case is set in May 2012, and begins with the protagonist, Rick Tan, chief executive officer of Innova Technology Private Limited, contemplating what his company’s go-to-market strategy should be. Tan and his business partner, Jonathan Lim, who is also the Chief Technology Officer for Innova Technology, developed PROTAG, a new anti-loss device, using Bluetooth …

Quantine: Virtualising The Interview Process, Arcot Desai Narasimhalu, Adina Wong

Arcot Desai NARASIMHALU

The case is set in January 2012, and begins with Kenneth Yap, the founder of Quantine Pte Ltd, strategising on an effective growth plan for his company. Quantine was a job candidate pre-screening service provider, which specialised in asynchronous video interviews. In the three years since its inception, market forces and internal factors had necessitated a change in its original corporate strategy. The business had started out in 2009, focusing on competency assessments for testing technical skills for the information technology industry. It also provided aptitude tests for companies to assess candidate qualities such as numerical skills and the ability …

Culture Of Social Institutions And Behavioural Manifestations In Entrepreneurship Development: A South-Asian Case, Helan Gamage, Ananda Wickramasinghe

Ananda Wickramasinghe

This paper is based on the South Asian culture, social institutions and entrepreneurship in particular to Sri Lankan entrepreneurship. Sri Lankan culture demonstrates various complex and unique behavioral patterns. Sri Lankan entrepreneurial culture can be identified to have evolved through two different routes. One can be traced to the origins of Sri Lankan civilization and the other to the western influence, originating from the Industrial Revolution, and imposed through colonization which systematically destroyed the indigenous feudal system. Moreover, the ideology of entrepreneurship training and education in Sri Lanka is exclusively western in origin and character. Observations of this research showed …

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 …

A First Course In Entrepreneurship Fundamentals, Part I, Alex Stewart

Alex Stewart

This two-part article offers ideas for teaching students who are interested in entrepreneurship but unprepared for the widely-taught business plan course. Their lack of preparation is due less to a lack of business knowledge than it is to an awareness of their life and career needs and of the realities of entrepreneurial careers. Course content ideas are presented to help these students develop competencies in four areas: self-understanding, knowledge of entrepreneurial careers, a realistic sense of what ventures would work for them, and business-relevant creativity.

A First Course In Entrepreneurship Fundamentals, Part Ii, Alex Stewart

Alex Stewart

No abstract provided.

Entrepreneurship In The Chesapeake Bay Oyster Industry, Anthony Wilbon

Anthony Wilbon

The Effects Of Social Networks And Contractual Characteristics On The Relationship Between Venture Capitalists And Entrepreneurs, Kwanghui Lim, Brian Cu

Kwanghui Lim

We show how social ties and contractual factors shape the relationship between entrepreneurs and venture capitalists. While direct ties result in the VC offering more advice to the entrepreneur, indirect ties result in greater levels of disagreement between VC and entrepreneur. We also find that contractual favorableness is associated with more advice and less disagreement, but that contractual flexibility is surprisingly not significant. The results vary by area of advice and disagreement. Our results suggest that scholars and practitioners must integrate contractual and social network perspectives to better understand the VC-entrepreneur relationship.