Business Commons^™

Ua62/3 December Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Investing In A Better Job, Michael Sack Elmaleh

Michael Sack Elmaleh

Investing time and money to attain "something" that allows a person to earn more in future wages is economically rational, if the present value of the additional future wages exceeds the present value of the investment cost in time and money to attain that "something". In our market economy, these attained "somethings" include college degrees, vocational and professional certifications, and equity ownership in small closely held businesses. Most small closely held businesses require the full time active management of the owner. Little or no free cash flow would be available to the investor if they chose to hire a non …

A Mapping Of Ethnic Entrepreneurship In Ireland, Thomas Cooney, Anthony Flynn

Reports

The research findings presented in this report represent the first major attempt to map in a systematic fashion ethnic entrepreneurial activity in Ireland. The rapid transformation of the demographic profile of Ireland in this decade through unprecedented levels of immigration has stimulated debate on the economic and social policy implications of the new multi-racial Ireland. One facet to this policy debate is the potential for non-Irish nationals to bolster indigenous business activity. It was the aim of this research to capture the essential nature of ethnic entrepreneurship in Ireland in 2008 with a view to better informing policy formulation as …

Ua62/3 November Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Brain Drain In Nebraska: What Do The Data Show?, Steve Carlson, Hanna Hartman, Eric Thompson

Business in Nebraska

Brain Drain in Nebraska: What do the data show?

Introduction

Nebraska is a growing state, but it is a slowly growing state. Over the last decade, population growth in Nebraska, at 0.6% per year, has lagged the national average rate of 1.0%. This gap in growth rates is large in real terms. Given a current population of approximately 1.8 million persons, Nebraska would grow by approximately 18,000 persons per year if it grew at the national growth rate of 1.0% per year. Instead, the state only adds about 11,000 persons per year. A lower growth rate results in a loss …

Book Review 17 Me, Myself, And Why? The Secrets To Navigating Change By Lisa A. Mininni, William C. Mcpeck

William C. McPeck

This is my personal review of Me, Myself, and Why? The Secrets to Navigating Change by Lisa A. Mininni which was published in 2007 by PM Publishing.

Book Review 18 Make Room For Happiness By Steven Melemis, William C. Mcpeck

William C. McPeck

This is my review of Make Room for Happiness: 12 Ways to Improve Your Life By Letting Go of Tension. Better Health, Self-Esteem and Relationships by Steven Melemis, published by Modern Therapies in 2008.

The Accelerator, Volume 1 Issue 2, Fall 2008, Christa Santos

The Accelerator

No abstract provided.

Ua62/3 October Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Entrepreneurs Are Serial Risktakers Not Gamblers, Says Phillip Phan, Knowledge@Smu

Knowledge@SMU

Entrepreneurs are not gamblers, believes Phillip Phan, management professor at Johns Hopkins University. He is also Tommie Goh visiting professor of entrepreneurship and business at the Lee Kong Chian School of Business, Singapore Management University (SMU). Phan delivered a lecture in Singapore recently about the essence of entrepreneurship, how to identify entrepreneurial opportunities, and the role of governments in supporting entrepreneurs.

Lighting Up Rural Indonesia Through Community-Owned Hydropower Projects, Knowledge@Smu

Knowledge@SMU

More than 105 million people, just under half the total population of Indonesia, are without electricity even today. 2006 Ashoka Foundation Fellow Tri Mumpuni, executive director of Indonesian NGO IBEKA (People Centred Economic and Business Institute), spoke at a forum -- organised by the Lien Centre for Social Innovation of the Singapore Management University -- about how IBEKA is helping to develop sustainable community enterprises in the energy sector.

The (Not So) Puzzling Behavior Of Angel Investors, Darian M. Ibrahim

Faculty Publications

No abstract provided.

Ua62/3 September Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

The Research On The Development Of Small And Medium Sized Logistics Enterprises In China, Danyun Qiu

World Maritime University Dissertations

No abstract provided.

Book Review 16 Wellness Leadership: Creating Supportive Environments For Healthier And More Productive Employees By Judd Allen, Ph.D., William C. Mcpeck

William C. McPeck

This is my personal review of Wellness Leadership: Creating supportive environments for healthier and more productive employees by Judd Allen, Ph.D. which was published in 2008 by Healthycultures.com.

Emergence Of Nanodistricts In The United States: Path Dependency Or New Opportunities?, Philip Shapira, Jan Youtie

Philip Shapira

Multiple economic development theories suggest that research and innovation in emerging technologies will cluster in certain locations rather then distributing equally among all regions. If this is the case, this distributional pattern has implications for where future economic opportunities as well as future risks will be concentrated. In this paper, we probe nanotechnology (hereafter nano) research and commercialization at a regional level. The study examines the top 30 US “nanodistricts” or metropolitan areas which lead in nanotechnology research activity over the 1990-2006 timeframe. We explore the factors underlying the emergence of these 30 metropolitan areas through exploratory cluster analysis. We …

Eureka! Winning Ways: Analysis Of Early Client Experiences, Lynne Manrique, Kamau Bobb, David Roessner, Jan Youtie, Philip Shapira

Philip Shapira

The Manufacturing Extension Partnership (MEP) of the National Institute of Standards and Technology (NIST) has a longstanding record of helping small- and medium-sized (SME) manufacturers to identify and implement technologies and practices that improve manufacturing efficiency and product quality. More recently, MEP has begun to build a growth services portfolio to assist manufacturers with the development of new products, new customers, and new markets. Its first growth services offering, called Eureka! Winning Ways (E!WW), was piloted in late 2006 and has been implemented widely since the beginning of 2008. To explore the nature of early E!WW client experiences, as well …

Is Family Business In Good Hands? How To Inspire The Next Generation Of Entrepreneurs, Knowledge@Smu

Knowledge@SMU

Why do some family businesses fail? Sanjay Goel, strategic management and entrepreneurship professor at the University of Minnesota Duluth, addressed some of the factors that support or inhibit the success of family businesses at a seminar on “Sustaining the Entrepreneurial Drive” organised recently by the UOB–SMU Alliance Centre of the Singapore Management University.

Entrepreneurship Education In The Third-Level Sector In Ireland, Thomas Cooney, Trudie Murray

Reports

Entrepreneurship education is now a key part of the tertiary-level educatin landscape in many countries around the globe. Institutions are creating the type of learning environments that are conducive to encouraging and supporting student enterprise and graduate entrepreneurship. Going byond notions of employability, entrepreneurship capacities enable graduates to create their own futures, exploit the opportunities that emerge in their complex and unpredicatable worlds, and better contribute to economic development and well-being. This report demonstrates that Ireland is no exception. The evidence presented illustrates that there is no shortage of entrepreneurial activity across the island. Institutions are spreading provision outside of …

Ua62/3 August Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

A Mapping Of Entrepreneurship And Innovation Policy In Ireland., Thomas Cooney

Reports

The objective at the centre of the IPREG (Innovative Policy Research for Economic Growth) project is the facilitation of a " network of networks" needed to address one of Europe's critical issues-empirically relevant research on growth policy. IPREG is an established "network of networks" encompassing researchers, policy makers and business people in twelve countries: Belgium, Czech Republic, Denmark, Finland, Greece, Hungary, Ireland, Norway, Poland, Spain, Sweden and UK. The initial stage of the project was to map out the current policies and actors in each country and to develop a comprehensiveness index based upon interviews and survey feedback. This work …

The Accelerator, Volume 1, Summer 2008, Christa Santos

The Accelerator

No abstract provided.

How To Stand Out In The Crowd? Innovate, Innovate, Innovate., Knowledge@Smu

Knowledge@SMU

In the world of marketing and branding, sticking out like a sore thumb is not necessarily a bad thing, advises brand innovation specialist Chandran Dharmarajan, co-founder of I-morph, a marketing innovation consultancy based in Singapore. Dharmarajan, who worked for over a decade with Unilever in India and Thailand followed by a stint with Kraft Foods Asia Pacific, spoke at a recent seminar, “Transform Your Business By Being Remarkable”, organised by the UOB-SMU Entrepreneurship Alliance Centre of the Singapore Management University.

Lien Centre’S Social Space Turns The Spotlight On Social Enterprise And Innovation, Knowledge@Smu

Knowledge@SMU

The Lien Centre of the Singapore Management University was set up in 2006 with support from the Lien Foundation to serve as a catalyst for social innovation and change in Singapore. The Centre will launch an inaugural volume, Social Space, in August 2008. Lien Centre Board Chairman, Willie Cheng, talked to Knowledge@SMU about the book, the overall aims of the centre, and his own thinking on social enterprise, innovation and entrepreneurship. Cheng was formerly country managing director for Accenture and is actively involved in the nonprofit sector in Singapore.

Ua62/3 July Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.

Comparative Analysis Of Enterprise Data (Caed): A Research And Data Agenda, John S. Earle

Employment Research Newsletter

No abstract provided.

The Implementation Of Trademark Law In Small And Medium Size Enterprises (Sme) Business Activities In Indonesia, Alexander Y Agung Nugroh, Sih Yuliana Wahyuningtyas

Business Review

In the aftermath of SME and the bigger enterprises in Indonesia, there emerges a suspicion that due to the lack of financial and technical capacity in competing with the bigger enterprises, SME conducts various violation of trademark law. Now, the essence of trademark protection is at stake, along with the struggle for SME’s life. The challenge for the future will be ensuring greater harmonization of the protection for SME and at the same time, also for trademark. This paper examines the prominent roles of trademark law in dealing business and its implementation by SME.

Pilot Study Of 8 Smes In Pakistan, Ejaz Mian

Business Review

These cases study small firms (with 1-50 employees) in Pakistan to determine marketing factors that lead to success. Information is gathered through in-depth interviews with owner-managers on their premises. Convenience sampling is used within the city of Karachi. Firms included relate to production, and services (including retail). It was found that most of the firms are not marketing oriented and they do not understand marketing. Thus they will benefit from some kind of marketing training conducted by the government or through their own resources.

Entrepreneurship Education At Singapore Management University, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

This presentation focuses on the Singapore Management University approach to teaching entrepreneurship through classes, the environment of the students, and basic infrastructure elements such as knowledge, information, and resources. It defines the term itself as the process of doing something different or new as well as creating wealth for oneself and adding value to society. In addition, the presentation mentions ideas such as University-wide versus Program Specific approaches and core versus electives.

Distinguishing Owner Compensation From Profit In Closely Held Companies: In Search Of A Responsibility Premium, Michael Sack Elmaleh

Michael Sack Elmaleh

The application of the income method of valuation requires that owner compensation be distinguished from free cash flow. The “proper” parsing of compensation and free cash flow can be the largest point of contention in contested valuation disputes. The preferred method of parsing is the substitution method which says that the proper allocation should be based on the wage that would have to be paid to a non owner employee. In this article I argue that owner employees carry additional responsibilities that are not normally borne by non owner employees. These additional responsibilities require that a premium be paid the …