Entrepreneurial and Small Business Operations Commons^™

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

Management Faculty Research and Publications

No abstract provided.

Altis: A Microfinance Startup In Nepal, Jacen Greene, Scott Marshall

Business Faculty Publications and Presentations

In Sanjay Karki’s role as Deputy Director for the Nepal office of Mercy Corps, he had worked on a number of poverty reduction programs. But his current initiative presents the most daunting challenges he has yet faced. One of the most promising innovations in poverty alleviation was the concept of microfinance, the provision of small-scale loans and other financial services to poor entrepreneurs. And although the government of Nepal strongly supported microfinance models, a decade-long civil war ending in 2006 had severely disrupted government services and worsened poverty. In the terai, or plains, of Nepal, government and non-profit microfinance institutions …

From The Associate Editors Of Education/Minority And International Business, Sean M. Hackett, Miles K. Davis

New England Journal of Entrepreneurship

From the editors of the Spring 2010 Special Section—Entrepreneurial Education, Minority and International Business.

Faith-Based Entrepreneurship, M. Yaqub Mirza, Miles K. Davis

New England Journal of Entrepreneurship

Interview of M. Yaqub Mirza by Miles K. Davis. Dr. Mirza attributes both his personal and business success to following Islamic principles.This interview outlines the Islamic principles he uses to guide his investment in new ventures and how those same principles shape his management style and attitude toward corporate social responsibility.

Use Of Self 101: The Case For Teaching Personal Development In The Entrepreneurship Curriculum, Marty Mattare

New England Journal of Entrepreneurship

Entrepreneurship education is rapidly growing, both in the number of schools offering programs and in the range of courses. But, survey data shows that entrepreneurship education is more likely to focus on how to evaluate business opportunities, write a business plan, present a proposal to investors, and conduct analytical exercises to determine value. The success of a venture begins with the entrepreneur, and as students become entrepreneurs, they will need to wear a variety of “hats” and serve as the primary finance, marketing, human resources, and operations person. High self-efficacy, emotional intelligence, and well-developed interpersonal skills have been shown to …

A Comparative Examination Of Career And Start-Up Expectations In South Korea, Ukraine, And The United States, Sherrie Human, Thomas D. Clark, Charles H. Matthews, Julie M. Stewart, Candace R. Gunnarsson

New England Journal of Entrepreneurship

Relatively few comparative studies have examined how perceptions across cultures might converge or diverge regarding careers in general and new venture careers in particular. Our research addresses this gap by providing a comparative study of career perceptions among undergraduate business students in three countries with different levels of experience with capitalism: Ukraine, South Korea, and the United States. Results suggest both surprising differences and interesting similarities between undergraduate students in the three countries with regard to how they perceive characteristics associated with entrepreneurial careers. Findings are discussed in the context of distinct differences and commonalities across cultures and implications for …

Exploring The Impact Of Education On Korean-American Entrepreneurs, Myung-Soo Lee, Alvin N. Puryear, Edward Rogoff, Joseph I. Onochie, George W. Haynes, Ramona K. Zachary

New England Journal of Entrepreneurship

Education has been shown to have myriad effects on people, from increasing their incomes to changing their views of the world. In the area of entrepreneurship, education creates opportunities and increases the rate of entrepreneurial activity. This study explores education’s effects on the immigrant entrepreneurship development processes and outcomes in the context of Korean-Americans by comparing a national sample of Korean-Americans with differing amounts of education. The sample is part of the National Minority Business Owners Surveys (NMBOS) carried out by the Lawrence N. Field Center for Entrepreneurship at Baruch College between 2003 and 2005. The authors hypothesize that high-education …

Handbook Of Bioentrepreneurship (Book Review), Joseph R. Bell

New England Journal of Entrepreneurship

Book review by Joseph R. Bell.

Patzelt, Holger and Thomas Brenner, eds. Handbook of Bioentrepreneurship. New York: Springer, 2008. ISBN 9780387483436

The Handbook of Bioentrepreneurship represents volume 4 in the International Handbook Series on Entrepreneurship.This book is a collection of articles covering the rapidly evolving biotechnology industry.

From The Editors, Herbert Sherman, Joshua Shuart, Laurence Weinstein

New England Journal of Entrepreneurship

No abstract provided.

Developing High-Growth Businesses In Rural Areas: A Study Of Four U.S. States, William B. Lamb, Hugh Sherman

New England Journal of Entrepreneurship

Those who would establish high-growth businesses (HGBs) in rural settings face significant challenges. We report findings from more than 80 in-depth interviews regarding the obstacles that rural HGBs face and identify approaches for overcoming these obstacles. First, interviews confirm the need for improved access to a full range of financing options to support HGBs across different development stages. Second, HGBs need in-depth, sophisticated technical assistance, which is generally unavailable in rural areas. Finally, cooperation among financial and technical service providers is vital to program success. Based on these findings, a model is proposed for successful development of HGBs in rural …

Does Employee Ownership Increase Innovation?, Robert Garrett

New England Journal of Entrepreneurship

One way that firms attempt to innovate is through investment in R&D activity. However, there is much heterogeneity in innovations among firms making comparable R&D investments. This article explores employee ownership’s moderating effect on the relationship between R&D intensity and innovative output. The basis for the moderation is that ownership increases motivation and commitment to the innovation agenda of the company, and retains employees’ entrepreneurial efforts for internal opportunities. Using hierarchical regression, the data support the hypothesis that employee stock ownership positively moderates the relationship between R&D intensity and innovative output. Implications for future research and practice are addressed.

Psychographic Segmentation Of The Self-Employed: An Exploratory Study, Matthew G. Kenney, Art Weinstein

New England Journal of Entrepreneurship

Although it is well established in the academic literature that entrepreneurs share common traits, there has been limited research dedicated to evaluating psychographic profiles of the self-employed. Using the Nominal Group Technique, the authors gleaned insight from a panel of experts in an effort to segment the self-employed based on personality traits and the benefits they receive from an entrepreneurial career. The findings show that self-employed individuals can be classified into four distinct segments: Exemplars, Generals, Moms and Dads, and Altruists. Each group derives different benefits from self-employment. Understanding these benefits can greatly assist entrepreneurship educators and marketers of small …

Raising Venture Capital For The Serious Entrepreneur, Michele K. Masterfano

New England Journal of Entrepreneurship

Berkery, Dermot. Raising Venture Capital for the Serious Entrepreneur. New York: McGraw-Hill, 2008. ISBN 9780071496025

Raising Venture Capital for the Serious Entrepreneur is a fascinating journey through the world of venture finance. It provides an interesting, even absorbing view into the arcane world of how venture capitalists determine what companies they will finance, how they decide on the level of investment,and what they expect in return. It further provides important tips for entrepreneurs as they begin their planning for equity financing and the negotiations with VCs for that financing.

Almost Famous: The Foster Boat Company, Geoffrey D. Reynolds

Faculty Publications

Almost Famous:  The Foster Boat Company is an article concering the history of the Foster Boat Company of Charlevoix, Michigan, from 1940-1952.  The company made plywood boats for the American consumer, storm boats used in Germany during World War Two, and boats and other equipment for use in the Korean War conflict in the early 1950s.  People associated with the company included Gar Wood, Jr., Harry G. Foster and Preston Tucker.

The Impact Of Interorganizational Imitation On New Venture International Entry And Performance, Stephanie A. Fernhaber, Dan Li

Scholarship and Professional Work - Business

We examine the impact of interorganizational imitation on new venture international entry and subsequent performance. Using a sample of 150 U.S.-based publicly held new ventures, we find that new venture international entry is in part an imitative response to the internationalization of other firms in the venture's home country industry and/or subsets of firms with certain traits or outcomes. We also find that interorganizational imitation moderates the relationship between new venture international entry and profitability, but not the relationship between new venture international entry and sales growth. These findings contribute to the growing body of literature on new venture internationalization.

Organizational Ambidexterity And Synergistic Effects Of Plural Organizational Forms : A Search For Balance Between Standardization And Innovation, Jaeyoung Kang

Legacy Theses & Dissertations (2009 - 2024)

This dissertation was motivated to answer the following questions: (1) Why are the plural organizational forms (company-owned units and franchised units) used in a chain, what is the effect of the plural organizational form on chain performance, and what factors influence the optimal combination of the plural organizational forms? Drawing on the organizational ambidexterity theory, I argue the plural organizational forms enable chains to maintain standardization across multiple units and facilitate innovation for the adaptation to changing environment simultaneously. Thus, the plural organizational forms can contribute to chain performance by reconciling and harnessing these conflicting demands. I suggest that there …

Are Family Firms More Tax Aggressive Than Non-Family Firms?, Shuping Chen, Xia Chen, Qiang Cheng, Terry Shevlin

Research Collection School Of Accountancy

Taxes represent a significant cost to the firm and shareholders, and it is generally expected that shareholders prefer tax aggressiveness. However, this argument ignores potential non-tax costs that can accompany tax aggressiveness, especially those arising from agency problems. Firms owned/run by founding family members are characterized by a unique agency conflict between dominant and small shareholders. Using multiple measures to capture tax aggressiveness and founding family presence, we find that family firms are less tax aggressive than their non-family counterparts, ceteris paribus. This result suggests that family owners are willing to forgo tax benefits to avoid the non-tax cost of …

The Accelerator, Volume 4 Issue 7, Winter 2010, Christa Santos

The Accelerator

No abstract provided.

Immigrant Business Enterprises: A Classification Framework Conceptualization And Test, Roberto Curci, Robert Mackoy

Scholarship and Professional Work - Business

This article proposes the Immigrant Business Enterprises Classification Framework to organize immigrant-owned businesses into categories associated with different levels of business integration into a host country's mainstream business community. The article applies the framework and reports the findings of structured face-to-face interviews with 199 Hispanic business enterprises (HBEs) in Indianapolis. The authors find Hispanic-owned businesses hold different characteristics depending upon the integration category in which they are classified; the findings suggest that to support immigrant entrepreneurship, governments, business development organizations, and researchers should address category-specific challenges, opportunities, and needs.

The Impact Of Board Members On Firm Performance And Management Effectiveness, Shannon Cummins, Ravipreet S. Sohi

Marketing & Entrepreneurship Faculty Publications

This paper investigates the impact of industry connectedness through board members on firm financial performance and management effectiveness. Board member selection is most often attributed to industry expertise and connections. However, marketing is yet to study how industry-specific connections formed through board member linkages may impact firm level outcomes