Entrepreneurial and Small Business Operations Commons^™

Tennis, Anyone? Lessons On Innovation In A Mature Industry, Knowledge@Smu

Knowledge@SMU

Tennis qualifies as the oldest racquet sport in the world. Since 1874, little had changed until the 1970s when the wooden racquet was phased out, followed by a succession of cutting edge designs. How did the classic tennis racquet lend itself to being so thoroughly reinvented? Wharton management professor J.M. Pennings, together with Hann E Kim, professor at the KDI School of Public Policy and Management in Korea, set out to find some answers.

The Effects Of Entrepreneurial Growth Orientation On Organizational Change And Firm Growth, Wee Liang Tan, Thomas Menkhoff, Yue Wah Chay

Research Collection Lee Kong Chian School Of Business

Managing growth in an enterprise as it grows beyond the startup phase is a challenge for many entrepreneurs. One key element that can help or hinder growth is the entrepreneur. Entrepreneurial growth has been linked to micro variables (motivations and psychological attributes of the entrepreneur) and macro variables. However, few studies have examined the role of the growth aspirations of the entrepreneur on the necessary elements of organization change related to growth.

This paper reports a study employing a typology of entrepreneurs based on their growth aspirations using an established dichotomous scale devised by Smith to differentiate between what he …

Transforming A Region Into A Vibrant Entrepreneurial Economy: How To Create The Multiplier Effect, Knowledge@Smu

Knowledge@SMU

Sankaran Venkataraman is business administration professor at the Darden Graduate School of Business Administration, University of Virginia, and visiting professor of entrepreneurship and business at the Singapore Management University. At a recent seminar in Singapore, Venkataraman explored the question, “What does it take for a nascent entrepreneurial region to create the multiplier effect necessary to transform itself into a vibrant entrepreneurial economy?” In his view, institutional specialisation, division of labour, the architecture of entrepreneurial sub-systems and intangible cultures all play critical roles.

The Power Of Social Media: Only The Tip Of The Iceberg?, Knowledge@Smu

Knowledge@SMU

Social media is redefining the way people and companies around the world communicate with one another by dissolving geographical and cultural boundaries. Akanksha Goel, newly appointed Editor-in-Chief of Stuff Singapore -- a gadgets and technology lifestyle publication launched in the UK five years ago -- is a final-year marketing and corporate communication student at Singapore Management University. Goel talked to Knowledge@SMU about how social media compels us to rethink culture, and why companies should take advantage of these new channels to grow their businesses.

Games People Play: Can Singapore Power-Up Fast Enough To Claim A Share Of The Bounty?, Knowledge@Smu

Knowledge@SMU

According to PricewaterhouseCooper’s latest "Global Entertainment and Media Outlook" , the Asia Pacific region is projected to top overall global spending on video games over the next five years. In Singapore, the government invested half a billion Singapore dollars (US$325 million) in 2006 in the interactive digital media (IDM) services sector. Singapore Management University professor of management Ted Tschang has been paying especial attention to the gaming and related industries, sub-sectors of IDM. In an interview with Knowledge@SMU, Tschang discusses the role of global culture as a critical success factor, and Singapore’s efforts to get into the game.

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.

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 …

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.

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.

What's In A Name? For Apple, A Focus On The Digital Living Room, Knowledge@Smu

Knowledge@SMU

Apple's name change from Apple Computer to Apple on January 9 highlights the company's new reality: CEO Steve Jobs' strategy today revolves around converged consumer devices much more than around personal computers. How successful will this new strategy be in the face of competition from Microsoft, Sony, Motorola, Samsung, Nokia and others who are looking to dominate the digital convergence domain?

Opportunity Missed: A Brief Look At Entrepreneurship In The U.S. And China, Knowledge@Smu

Knowledge@SMU

The promise or threat of China’s economy has fired the American imagination ever since the first Yankee clipper ship captains voyaged there in the 1780s. Whether perceived as a limitless market for American goods or as an intimidating rival, China is indeed a force to be reckoned with. At first glance, Reed Hundt’s In China’s Shadow is another in a recent spate of books probing the nature of China’s startling rise over the last 30 years. Yet Hundt, former chairman of the FCC during the presidency of Bill Clinton, has written a book whose subtitle is more indicative of his …

The Evolution Of The Disclosure Regime In Singapore, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

No abstract provided.

Managing Change In Asian Business: A Comparison Between Chinese Educated And English Educated Chinese Entrepreneurs In Singapore, Thomas Menkhoff, Ulrike Badibanga, Yue Wah Chay

Research Collection Lee Kong Chian School Of Business

Against the background of the current rapidly changing business environment, the article examines the organizational change management behaviour of the owner-managers of small and medium sized enterprises (SMEs) in Singapore. The analysis of survey data is aimed at ascertaining whether there are any differences between Chinese and English educated small (ethnic Chinese) businessmen in terms of Change Management (CM), a dichotomy that is of great historical and politico-cultural significance in Singapore. The survey data show that there are indeed differences between the subgroups (eg with regard to the initiation of a more participatory people management style) but these variations turned …

The Puzzle Of Insular Domains: A Longitudinal Study Of Knowledge Structuration And Innovation In Biotechnology Firms, Gerald George, Reddi Kotha, Yanfeng Zheng

Research Collection Lee Kong Chian School Of Business

In this study we explain the puzzle of insular domains: insular domains are niches where new innovation is built on the knowledge within the domain. Given the nature of knowledge needed for new innovation in an insular domain the puzzle is why do new firms enter these niches? In a longitudinal sample of 128 biotechnology start-ups founded from 1980 to 1999 we explain why start-ups enter insular domains and how the start-ups develop technology capabilities.