Entrepreneurial and Small Business Operations Commons^™

Entrepreneurial Ecosystems And Industry Knowledge: Does The Winning Region Take All?, Yating Li, Martin Kenney, Donald Patton, Abraham Song

All Faculty Open Access Publications

Entrepreneurial ecosystems (EE) are composed not only of startups but also the organizations that support them. Theory has been ambivalent about whether an EE is spatially bounded or includes distant organizations. This exploratory study uses a time series of all Internet industry initial public offerings (IPO) to explore the locational changes not only of startups but also four key EE service providers: lawyers, investment bankers, venture capitalists, and board directors. We find that while the startups became only slightly more concentrated, the EE service providers concentrated more rapidly, as an industry center in Silicon Valley emerged. Our results suggest that …

Survival Strategies For Small And Medium Scale Enterprises In Nigerian Confectionery Industry, Rita Ejelehi Brodie-Mends

Walden Dissertations and Doctoral Studies

Incorrect start-up strategies account for the failure of many small-and medium-scale enterprises (SMEs) in the first 5 years of operation. A lack of business owner entrepreneurial skills and enterprise development contributes to the high mortality rate of SMEs, the failure of which is a significant limitation on global economic growth and job creation. Grounded in the resource-based theory, the purpose of this qualitative multiple-case study was to explore strategies five SME confectionary business owners in Lagos, Nigeria, used to sustain their businesses beyond the first 5 years of start-up. The participants were owners of SME confectionary businesses who implemented strategies …

Strategies For Salon Business Owners In The 21st Century, Brenda Streat

Walden Dissertations and Doctoral Studies

Small businesses constitute 44% of the U.S. economy, generating roughly two-thirds of new jobs, goods, and services. However, the survival rate of small business owners declines after the first 5 years of operation. Small business failure rates impact every part of business industries. Small salon owners who fail to incorporate financial strategies in their businesses may fail to succeed beyond the first 5 years of operation. Grounded in entrepreneurship theory, this qualitative multiple case study was conducted to explore financial strategies salon business owners use to increase longevity and effectiveness in their business operations. The study’s participants were eight salon …

Small And Micro Business Resources In The Post-Pandemic Period: A Perspective From Local Bridal Boutique Businesses In West Virginia, Ishtehar Sharif Swazan

Graduate Theses, Dissertations, and Problem Reports (ETD)

In widely dispersed small communities, local and regional businesses dominate West Virginia, an eastern state of the United States in the Appalachian Mountains where small and micro businesses constitute 98.9% of all businesses and contributes 49.1% of the state’s total employment. These businesses create jobs, help build a strong financial position for the state, and promote community-building and social activities. These businesses are unique as they sustain themselves while competing with national and regional retail chains and carving out a customer for themselves. However, the damage caused by the spread of Covid-19 is having a devastating effect on the small …

The Viability Of Pop-Up Thrift Shops In Increasing Revenues For Goodwill Industries Of Akron, Morgan Andrews, Casey Bachowski, Caitlin Croston, Zach Dunphy, Weston Latham

Williams Honors College, Honors Research Projects

The Honors Project in Business Administration course at The University of Akron (UA) College of Business (CoB), conducted September 2021 through May 2022, involved partnership with the local nonprofit Goodwill Industries of Akron (GIA) at the direction of Interim Dean of the CoB, Dr. Susan Hanlon. The purpose of this capstone project was to generate ideas and recommendations to GIA for a new, sustainable business unit, the revenue of which would cover the annual $250,000 operating cost of a new transportation support initiative to overcome GIA’s clients’ barriers to employment. During the secondary research phase of this project undertaken from …

Invited Perspective - Engaging Aspirations To Nurture Communities, Kentaro Toyama

Subsistence Marketplaces

For subsistence communities, the question is whether aspirations can be applied to motivate behavior that is, on the one hand consistent with people’s aspirations, but which might otherwise be difficult to elicit. Could poorer households be encouraged to save, to spend more on their children’s education, or to act against unhealthy social norms? A couple of examples suggest this is not only possible, but highly successful in contexts where other appeals fail.

Guest Editorial : New Trends In Entrepreneurship: A Global Context, Jun Li, Irem Demirkan, Younggeun Lee, Andrés Felipe Cortés

New England Journal of Entrepreneurship

When management guru Peter Drucker wrote about entrepreneurship in 1984 (Drucker, 1984), entrepreneurial activities were primarily perceived as an American phenomenon. Today, entrepreneurship has spurred globally, from developed countries to emerging economies, thanks to accelerated globalization, integration of people and cultures, and rapid technological innovation. While Drucker’s focus on entrepreneurial decisions in the late 1980s was mainly about established corporations, millions of empowered individual entrepreneurs are increasingly recognized as the backbone of the global economy (Khanna, 2007). Thomas Friedman once described this stage of globalization as globalization 4.0, which features empowered entrepreneurial individuals (Friedman, 2005). New technology, especially information and …

Thinking About Developing Business Leadership For The Post-Covid World, Stephen M. Brown, Martha J. Crawford

New England Journal of Entrepreneurship

Purpose– The purpose of this paper is to provide an overview of a successful model on how to prepare business students to be successful in a new, post-pandemic world that faces enormous social challenges.

Design/methodology/approach– The article discusses the current business and social movements that suggest the relevance of social entrepreneurship and explain the pedagogical model developed at the Center for Nonprofits at Sacred Heart University.

Findings– The article suggests how this pedagogical model may provide students with the skills, attitudes and values required for successful social entrepreneurship processes.

Research limitations/implications– The article presents the current picture which will undoubtedly …

Dentistry And The Law: Network Leasing Arrangements And Their Effect On Fees, Dan Schulte Jd

The Journal of the Michigan Dental Association

Dentists entering network leasing arrangements often face uncertainty about fees due to the lack of transparent fee schedules. While leasing companies aim to connect dentists with insurers and plans, the absence of clear payment information poses challenges. Dentists may receive varying amounts for the same services, impacting financial predictability. The article emphasizes the importance of understanding contract terms, obtaining fee schedules, and monitoring patient volume to assess the arrangement's overall benefit.

The Impact Of Entrepreneurship Education On The Construction Of Entrepreneurial Self-Identity Of University Students In Egyp, Hala Wasef Hattab, Omar Fahmy Mr.

Business Administration

Due to the rise in the number of entrepreneurship education programs that are believed to have an impact beyond creating entrepreneurial knowledge and the multiple attempts to understand the entrepreneurial identity and how it is constructed, the current research aims at investigating the relationship between entrepreneurship education and entrepreneurial self-identity construction for university level-students, hence utilized two measures, the first one asked students whether they define him or herself in an entrepreneurial role or not (Hoang and Gimeno, 2015) and the second one was concerned about the social identity and measured it using the “Identity-scale” developed by Sieger et al. …

Strategies For Information Technology Small Business Owners To Sustain Beyond The First 5 Years, Edward Alan Rodarte

Walden Dissertations and Doctoral Studies

Small businesses are the foundation of an economy and spawn innovation, but small business owners fail at an alarming rate because they lack strategies to sustain business operations. Since 50% of small businesses fail within the first 5 years, small business sustainability research is critical to support small business owners. Grounded in entrepreneurial theory, the purpose of this multiple case study was to identify strategies information technology (IT) small business owners use to sustain operation beyond the first 5 years. The participants included four IT small business owners in the Southwestern United States who sustained operations beyond the first 5 …

Strategies For Achieving Sustainability Of Small Business Restaurants, Tanisha Thomas-Beard

Walden Dissertations and Doctoral Studies

Many small business restaurant owners perform unprofitably and fail within 5 years of opening. Small business restaurant owners are concerned about sustainability as approximately 50% of small businesses that start up do not last beyond the fifth year. Grounded in the general systems theory, the purpose of this qualitative multiple case study was to explore strategies small business restaurant owners use to grow and maintain profitability to sustain business beyond 5 years. The participants were five small business restaurant owners in the Southeastern region of the United States who sustained their business beyond 5 years. The data were analyzed using …

Strategies Small-And Medium-Sized Enterprise Leaders Use For Sustainability Beyond 5 Years In Rivers State, Olawe Alaba Tula

Walden Dissertations and Doctoral Studies

Small and medium-sized enterprise (SME) leaders lacking sustainability strategies experience high rates of business failure through loss of profit. A high rate of SME failure is linked to a lack of competitive advantage, resulting in decreased productivity and profitability. Grounded in resource-based view theory, the purpose of this qualitative multiple case study was to explore strategies that three SME leaders in Rivers State used to sustain their businesses beyond 5 years. Data were collected from semistructured interviews and company documents, including employee handbooks and annual reports. The three themes that emerged through thematic analysis were strategic management, stakeholder management strategies, …

Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill

Walden Dissertations and Doctoral Studies

Some minority business enterprises (MBEs) have limited capital for setting up their businesses, which often leads to business failure. Grounded in entrepreneurship theory, the purpose of this qualitative multiple-case study was to explore strategies MBEs used to access capital to improve their competitive positioning and profitability. The participants were six MBE owners from Alabama who demonstrated success at maintaining and securing working capital to maintain a profitable business for a minimum of 5 years. Data were collected from semistructured interviews and reviews of organization documents and websites. Using Yin’s five-step data analysis process, four themes emerged: owner financing, government loans …

Entrepreneurial Strategies For The Survival Of Small Business Enterprises In Uganda, Rita Kabatunzi

Walden Dissertations and Doctoral Studies

Only 46% of small businesses in Uganda survive beyond 5 years, yet some small business owners lack entrepreneurial leadership strategies to innovate and sustain their businesses. The failure to sustain businesses can lead to employee loss of jobs and degrade individuals’ economic prosperity. Grounded in the strategic entrepreneurship model, the purpose of this qualitative multiple-case study was to explore entrepreneurial leadership strategies small business owners in the travel and tourism industry in Kampala, Uganda use to innovate and sustain their businesses for more than 5 years. The participants comprised 5 small business owners who successfully sustained their businesses beyond 5 …

Strategies To Improve Minority Business Enterprises’ Access To Capital For Competitive Positioning And Profitability, Darlene Hill

Walden Dissertations and Doctoral Studies

Some minority business enterprises (MBEs) have limited capital for setting up their businesses, which often leads to business failure. Grounded in entrepreneurship theory, the purpose of this qualitative multiple-case study was to explore strategies MBEs used to access capital to improve their competitive positioning and profitability. The participants were six MBE owners from Alabama who demonstrated success at maintaining and securing working capital to maintain a profitable business for a minimum of 5 years. Data were collected from semistructured interviews and reviews of organization documents and websites. Using Yin’s five-step data analysis process, four themes emerged: owner financing, government loans …

Entrepreneurial Strategies For The Survival Of Small Business Enterprises In Uganda, Rita Kabatunzi

Walden Dissertations and Doctoral Studies

Only 46% of small businesses in Uganda survive beyond 5 years, yet some small business owners lack entrepreneurial leadership strategies to innovate and sustain their businesses. The failure to sustain businesses can lead to employee loss of jobs and degrade individuals’ economic prosperity. Grounded in the strategic entrepreneurship model, the purpose of this qualitative multiple-case study was to explore entrepreneurial leadership strategies small business owners in the travel and tourism industry in Kampala, Uganda use to innovate and sustain their businesses for more than 5 years. The participants comprised 5 small business owners who successfully sustained their businesses beyond 5 …

Exploration Of Successful Customer Relationship Management Strategies In Guam Supermarkets, Dolores C, Bordallo

Walden Dissertations and Doctoral Studies

AbstractBusinesses' billions of dollars invested in customer relationship management (CRM) initiatives have often not delivered the anticipated financial returns. Supermarket managers are concerned when CRM initiatives fail to acquire and retain customers. Grounded in Berry’s relationship marketing theory, the purpose of this qualitative single case study was to explore strategies supermarket managers use to leverage and improve financial returns from CRM investments. The participants were six supermarket managers employed in a supermarket chain of seven stores who implemented strategies to improve financial returns from CRM investments. Data were collected using semistructured interviews and a review of industry documents. Through thematic …

Leadership Strategies For Sustainability Of Small And Medium Enterprises In Swaziland, Lizzy Oluwatoyin Taiwo

Walden Dissertations and Doctoral Studies

AbstractSmall and medium-sized enterprises (SMEs) play an essential role in national and global economic growth. Lack of leadership strategies can negatively impact the sustainability and growth of SMEs. Business owners who implement appropriate leadership strategies can ensure the sustainability of their SMEs. Grounded in transformational leadership theory and sustainability development theory, the purpose of this qualitative multiple case study was to explore leadership strategies owners of SMEs use to ensure the sustainability of their organizations. The participants were four owners of SMEs within the four regions in Swaziland who successfully used leadership strategies to enhance the sustainability of their organizations. …

Climbing The Economic Ladder - Doing Business In Saint Vincent And The Grenadines Using Sdg-Related Policies, Romena Tamira L.V. Browne

Walden Dissertations and Doctoral Studies

Through Invest SVG, a statutory body under the auspices of the Ministry of Finance, Economic Planning, and Information Technology, the government of Saint Vincent and the Grenadines was seeking to develop a policy environment that was conducive to optimal growth for private sector development, in keeping with the Sustainable Development Goals. The outcomes of such endeavors may include but are not limited to higher levels of employment, revenue generation, and economic growth. In this study, two primary areas were addressed: the regulatory weaknesses for doing business in Saint Vincent and the Grenadines, using the criteria outlined in The Ease of …