Business Commons^™

Ceo

Dr. Harold Welsch

DePaul CEO is a group of students who are looking to either start a business, work in the cutting-edge business world, and/or be enthusiasts when it comes to new companies.

DePaul CEO connects entrepreneurial students with resources and professionals to help them pursue their startup ambitions. CEO also

1) Attends events put on by the Chicago and national startup community,

2) Hosts conferences and meetings at DePaul, and

3) Networks with local successful entrepreneurs.

Depaul Ranked Among The Nation’S Top 25 Universities For Entrepreneur Education

Dr. Harold Welsch

No abstract provided.

Entrepreneurship Programs Playing To Good Reviews

Dr. Harold Welsch

No abstract provided.

Blueprint

Dr. Harold Welsch

Blueprint provides current undergraduate and graduate DePaul students from across the university the support, encouragement, and resources they need to become a part of Chicago’s vibrant entrepreneurial community as well as successfully launch and grow entrepreneurial businesses, non-profits, or social ventures.

Blueprint is divided into two groups - Personal and Venture Development - in order to provide the right help at the right time. Participation is based on your level of interest, commitment, and development; all tailored to your needs.

The Importance Of Financial Market Development On The Relationship Between Loan Guarantees For Smes And Local Market Employment Rates, Ben Criag, William Jackson, James Thomson, Craig Armstrong

James B Thomson

We empirically examine whether a major government intervention in the small firm credit market yields significantly better results in markets that are less financially developed. The government intervention that we investigate is SBA guaranteed lending. The literature on financing small and medium size enterprises (SMEs) suggests that small firms may be exposed to a particular type of market failure associated with credit rationing. And, SMEs in markets that are less financially developed will likely face a greater degree of this market failure. To test our hypothesis we use the level of bank deposits per capita as our relative measure of …

“Information Literacy, Changing Spaces, And Changing Perceptions", Kelly Evans, Hal Kirkwood

Hal P Kirkwood Jr

No abstract provided.

Knowledge, Capabilities And Manufacturing Innovation: A Us-Europe Comparison, Stephen Roper, Jan Youtie, Philip Shapira, Andrea Fernandez-Ribas

Andrea Fernandez-Ribas

This paper presents a comparative analysis of factors contributing to the innovation performance of manufacturing firms in Georgia (USA), Wales (UK), the West Midlands (UK), and Catalonia (Spain). Enabled by comparable survey data, multivariate probit models are developed to estimate how various types of firms’ innovative activities are influenced by links to external knowledge sources, internal resources, absorptive capacity, and public innovation support. The results suggest the potential for mutual learning. For the European study regions there are insights about how universities in Georgia support innovation. For Georgia and Catalonia there are lessons from UK firms about better capturing potential …

The Impact Of Firm Natural Environment Policy On The Market Orientation To Innovation Relationship In Smes (Interactive Paper), Clay Dibrell, Justin Craig, Eric Hansen

Justin B. Craig

As the natural environment emerges as a strategic issue, conceptual linkages are leading to empirical investigations that examine the antecedents and effects of incorporating the natural environment into firm processes such as market orientation and entrepreneurial behaviors. This project is part of an ongoing research agenda that examines the role of the natural environment in new and growing ventures. Specifically, in this paper, the research questions investigated are: How do small-to-medium sized firms (SMEs) incorporate natural environment issues in relation to the way they present themselves to, and receive information from, their customers and competitors (i.e., market orientation)?; and, How …

Agency Differences In Professional Family Businesses: The Known And The Unknown, Ken Moores, Justin Craig

Justin B. Craig

We suggest in this paper one of the reasons that researchers concur agency costs in family firms are more complex than originally thought maybe related to the lack of conceptual clarity. This, we propose, is because when frameworks and theories are borrowed and enthusiastically embraced without attention to clearly defining concepts from original sources, conceptual clarity is clouded. Clarity is achieved by specifying the conditions necessary for these concepts to be applicable in generating originally envisaged consequences. We present the conditions necessary for the optimum applicability of original agency theoretical concepts in family firms and tentatively distinguish between what is …

The Road To Legitimacy: A Study Of Startups And Their Established Competitors In The Australian Wine Industry (Summary), Clay Dibrell, Aaron Johnson, Peter Davis, Ken Moores, Justin Craig

Justin B. Craig

A barrier to startup success is the liability of newness. One strategy to overcome this obstacle is through gaining venture legitimacy. Legitimacy is defined as acceptance, suitability, and appeal of the startup as judged by external and internal stakeholders such as the marketplace, industry competitors, and employees. Through attainment of legitimacy, a startup now has increased opportunities to access resources required for survival and growth. Drawing from institutional theory, a startup should heed external institutional forces and adapt to isomorphic pressures to gain legitimacy in an industry. Alternatively, a resource-based view perspective suggests that internal coordination and marshaling of resources …

Tilting At Windmills? The Environmental Movement And The Emergence Of The U.S. Wind Energy Sector, Wesley Sine, Brandon Lee

Brandon Lee

Through a study of the emergent U.S. wind energy sector, 1978–1992, this paper examines how large scale social movements external to an industry can influence the creation of new market opportunities and hence encourage entrepreneurship. We theorize that through the construction and propagation of cognitive frameworks, norms, values, and regulatory structures, and by offering a preexisting social structure, social movement organizations influence whether entrepreneurs attempt to start ventures in emerging sectors. We find that the direct and indirect effects of social resources (e.g., environmental groups) had a larger impact on entrepreneurial activity in this sector than the availability of natural …

Linking Transgenerational Value Creation With Natural Environment And Sustainability Policy In Family And Non-Family Owned Firms: Extending The Agency-Stewardship Theory Debate, Justin Craig, Clay Dibrell

Justin B. Craig

In this paper, we extend the existing agency-stewardship theory debate by linking transgenerational value creation with the natural environment. We enlist stewardship and agency theories to frame our discussion. Specifically, a firm with a positive natural environmental sustainability policy (ESP) acts as a proxy for the attributes of stewardship theory, whereas a neutral firm position toward ESP operates as a surrogate for agency theory. We test stewardship theory within the context of non-family (n=175) and family-owned (n=216) firms. Our findings suggest that family-owned firms do exhibit forms of stewardship behavior, while non-family-owned firms displayed propensity toward agency-like actions.

Entrepreneurship: The Way Ahead, Harold Welsch

Dr. Harold Welsch

Written for educators, researchers, and practitioners, Entrepreneurship: The Way Ahead offers insight and perspective on entrepreneurship from the foremost academic leaders in the field. Taking a contemporary approach to entrepreneurial processes, the book considers how the convergence of individual, opportunity, and environment ultimately leads to success or failure, while illuminating the true relationship between entrepreneurship and technological and social issues. It also explores innovations and developments in entrepreneurship education and training, while evaluating existing literature and research.

Entrepreneurship: The Way Ahead represents some of the most advanced thinking in the field of entrepreneurship, providing an essential grounding of new theory …

Coleman Entrepreneurship Center

Dr. Harold Welsch

The Coleman Entrepreneurship Center (CEC) is an entrepreneurship support organization at DePaul University, with the mission of helping entrepreneurs succeed through exceptional assistance, valuable linkages, and innovation thinking.

Established in 2003, the CEC complements DePaul's prestigious and highly acclaimed academic entrepreneurship program that has offered concentrations in entrepreneurship at both the undergraduate and graduate levels for over 20 years.

Strategic Entrepreneurial Growth, Harold Welsch, Donald Kuratko

Dr. Harold Welsch

The goal of Strategic Entrepreneurial Growth is to transform the strategic process for entrepreneurs into a growth-oriented approach. The chapters are brief and to the point and include a comprehensive case and relevant journal article. The text explores strategic management process as it relates to building the entrepreneurial firm, planning, growth, and important current and future implications for entrepreneurship.

Entrepreneurial Strategy: Text And Cases, Harold Welsch, Donald Kuratko

Dr. Harold Welsch

No abstract provided.