Business Commons^™

Dispatches From Donut Land

DePaul Magazine

Beavers Coffee & Donuts isn’t the only mobile donut shop in Chicago, but it was the first, and it’s still the only one making its tasty treats fresh to order. Co-owner and co-founder, Gabriel Wiesen's (BUS '08) little donut shop on wheels paved the way for a whole range of related endeavors: catering private events, franchise opportunities and Midwest Food Trucks, another of Wiesen’s ventures, which manufactures nearly half of the licensed food trucks in Chicago. He also launched the Illinois Food Truck Owners Association as a vehicle to amplify owners’ voices and advocate for their rights.

The Scent Of Change: A Case Study, William K. Foxx, Melissa C. Northam, Corlette S. Burns

Atlantic Marketing Journal

Decisions about entering into a new business venture involve a variety of considerations, despite the level of experience an entrepreneur has. This case presents the story of a business owner Bennett Gage and his decisions concerning whether or not he should enter into a business where canines are used to detect bed bugs in hotels. This case study gives the reader an opportunity to wrestle with some of the many questions that are part of entering into the creation of a new service.

Street Vending And Competitive Advantage: Towards Building A Theoretical Framework, Aborampah Amoah-Mensah

The Qualitative Report

The study examines the strategies adopted by street vendors or hawkers in Ghana in a bid to gain competitive advantage. Drawing on six focus group meetings held with street vendors in two sub-metropolitan assemblies (Bantama and Tafo) in Kumasi, Ghana, the study finds that street vendors adopt ten strategies – networking, multiple undifferentiated market strategy, the sale of convenient products, “dying and resurrecting” (strategic exit and return into business), regular changing of goods and services, exploitation of flexible operating hours, cost-based pricing strategy, sales promotion, trade credit and locational advantage – to gain competitive advantage. Using these strategies, a theoretical …

Entrepreneurial Orientation: A Global Asset For National Development., Sunday Alewo Omale, Kate Obianuju Chima

Bullion

This paper appraised the outcome of Entrepreneurial Orientation on national development . Entrepreneurial orientation (EO) deals with the level in which nations or firms strategically educate its citizens or members to promote entrepreneurial culture to gain economic benefits. EO entails dimensions of innovation, proactiveness and risk taking. It is held that entrepreneurial orientation is required for a successful national development. innovativeness ls the predisposition to engage in creativity and experimentation through the introduction of new products/ services as well as technological leadership and advancement. To drive home the aims of this investigation, relevant data were sourced from management journals, bulletin …

A Driver Of Entrepreneurial Innovation

DePaul Magazine

In 2003, The Coleman Foundation pledged $2.5 million to establish the Coleman Entrepreneurship Center, a concept formulated by Michael Hennessey, CEO of The Coleman Foundation and Harold Welsch, professor in the Driehaus College of Business and a pioneer in the field of entrepreneurship studies.

Visual Brand Identity Of Food Products: A Customer’S Perspective, Panagiota Moutaftsi Ms, Panagiotis Kyratsis Dr

Journal of Applied Packaging Research

Purpose – The aim of this research is to explore the benefits of a customer based approach on food packaging design. A case study of a small production honey brand is used.

Design/methodology/approach – For the design process, a survey that involved visual elements was conducted as an online questionnaire. The final size of the sample consists of 285 questionnaires.

Findings – The research findings indicate that packaging is a great influencer for consumers and the synergy of consumers with companies can be a catalyst for the product design process resulting in package designs, which engage potential customers and drive …

How Micro Small And Medium Enterprises (Msmes) Can Leverage On Central Bank Of Nigeria's Real Sector Initiatives, Paul Nduka Eluhaiwe

Bullion

This paper seeks to explore how MSMES can leverage on financing interventions of the CBN with a view to enabling them grow their businesses, employ more Nigerians and contribute to GDP.

Overview Of Development Financing: The Case Of Central Bank Of Nigeria, M. A. Olaitan

Bullion

This study highlighted the functions of Central Bank under development finance and economic development, and it also went further to state the mandate of the development finance Department which is the development and implementation of policies, programmes and schemes aimed at the effective, efficient and sustainable delivery of financial services to the real sector of the Nigerian economy. The objective of the mandate are to increase the flow of financial resources to the real sector, create wealth and jobs, reduce poverty and so on.

Macroeconomic Stability And The Role Of Financial Institutions In Promoting Financial Inclusion In Nigeria, Mbutor O. Mbutor, Ibrahim A. Uba

Bullion

This article discusses the role of financial institutions in promoting financial inclusion in Nigeria as well as its macroeconomic stability. Positive growth of the economy is prerequisite for financial inclusion but the stability of the economy is sine qua non for economic growth. Therefore, the discussion of financial inclusion is best served when enclosed in the framework of the extent to which the economy is stable. The article further highlights financial inclusion and its related concepts and the role of financial institutions in promoting financial inclusion.

Regional And Multilateral Institutional Arrangements In Africa: Rethinking The Imperatives Of Economic Diversification And Trade Development In Nigeria., Harrison O. Okafor

Bullion

This paper critically assesses the implications of the multilateral trading system along the increasing but asymmetric interface between multilateral and regional institution on African economies with particular evidence for Nigeria. The issues relating to market access, export diversification and supply response to incentives derived from the various agreements provided basis for this reasoned analysis vis-à-vis the implications for growth and trade development imperatives. lt is revealed that the multilateral trading system has not benefited the SSA particularly Nigeria, relative to other regions like Asia. Perhaps. internal and external constraints associated with poor economic fundamentals, asymmetries between the rules of the …

From Shannon To Dallas: The Final Twenty-One Weeks Of Jfk’S Presidency : Narrative And Reflection, Brian Murphy

Level 3

This article traces the final weeks and days of John F. Kennedy’s presidency from his departure from Shannon Airport on 29 June 1963 to his assassination in Dallas, Texas on 22 November. It argues that this period was among the most action-packed and significant of Kennedy’s presidency as he doggedly pursued a peace strategy. Kennedy had entered office as a convinced Cold Warrior, but the Cuban Missile Crisis had altered his views and persuaded him of the need for peaceful co-existence with the Communist world. In this short twenty-one week period, Kennedy concluded a significant nuclear test ban treaty and …

Cross-Cultural Differences In The Manifestation Of Emotional States And In The Perception Of Emotional Intelligence Among Masters Students In Kazakhstan And Spain, Olga Kolyukh

Level 3

In this research, I have identified similarities and cross-cultural differences of emotions, emotional states and perception of emotional intelligence among Masters students in Kazakhstan and Spain. Research tools used were a standardised psychological colour choice test designed by Luscher and modified by Sobchik, combined with the well-validated Spanish shorter version of the Trait Meta-Mood Scale (TMMS) (Femandez – Berrocal, Extremera, & Ramos, 2004). The research was implemented with a sample of Masters students (N = 100) from Pavlodar State University, Kazakhstan, and from the University of Granada, Spain. Results showed similarities with regard to friendliness, trust in others, discomfort, emotional …

A Comparative Analysis Of Inclusive Education Systems In Ireland And Kazakhstan, Saule Aubakirova

Level 3

This article was written based on the results of the author's PhD internship at the Dublin Institute of Technology, Ireland, in April 2016. The article provides an initial comparative analysis of inclusive education systems in Ireland and Kazakhstan related to special educational needs (SEN). Data were gathered for the Irish context through literature reviews, document analysis, site visits and interviews. Data for the Kazakhstan context were accumulated from relevant legal documentation, practice literature review and interviews. The aspects of inclusive education selected for comparative analysis in this article include: enabling legislation; types of schools; supports provided; training of teachers.

E-Learning In Higher Education: The Analysis Of The Irish And Kazakhstan Experience, Dariya Abykenova

Level 3

The article describes the results of a PhD research internship at The Dublin Institute of Technology (DIT). The data were gathered as an element of the author’s doctoral research. A series of interviews was carried out with the Institute’s academic and learning support staff. Based on the interviews the experiences of e-learning in the DIT are analyzed here. The highlights of implementing a virtual learning environment and improving the ICT competencies of academic staff, employee’ and students in the Irish higher education are examined in the article. The data analysis suggests certain differences between the Irish and Kazakhstan elearning systems …

Measuring Students’ Abilities To Study Academic Subjects Taught In English At Postgraduate Level In The Republic Of Kazakhstan, Artyom Dontsov

Level 3

This article presents the results of research conducted among first-year students enrolled in a two-year, full-time Master's degree programmes at Pavlodar State University, Republic of Kazakhstan. The aim was to evaluate their readiness to study academic subjects taught in English. Based on the analysis of the research results, it was concluded that transition to teaching and learning in English should be carried out in a gradual manner. It is proposed to use Content and Language Integrated Learning as the most appropriate methodology for the identified level.

Developing Appropriate Educational Modules Aimed At Industry : An Example From Surveying At Masters Level, Audrey Martin

Level 3

This paper describes the process from inception to completion of developing academic modules appropriate for upgrading survey professionals engaged in the public sector. It focuses on one such module continuing professional development module in ‘Gravity and Height’ for National Mapping, developed by the Dublin Institute of Technology Spatial Information Sciences Group for the National Mapping Agency, Ordnance Survey Ireland (OSi) and staff from similar organisations.

Examining Best Practice For A Postgraduate Module On Food Entrepreneurship, Kathleen Farrell

Level 3

As a lecturer in entrepreneurship education, the challenge of embedding an entrepreneurship mindset in my students is of great interest to me. The literature bears testimony to the fact that the delivery of entrepreneurship education needs to be improved. A traditional lecturing approach is inadequate and there is a call for more creative teaching and a more experiential learning approach.

Enhancement Of Student Skills Through Authentic Learning In A Continuously Assessed Module : A Research-In-Progress Report, Vanessa Murphy, Áine Whelan

Level 3

This paper describes the initial findings from a redesigned module in the School of Chemical and Pharmaceutical Sciences, Dublin Institute of Technology. An authentic learning environment is provided for the module which allows students to work collaboratively in teams to ensure that critical aspects of industrial quality management systems and validation are fully explored. Module activities support the development of graduate attributes that will assist in preparing students for work as professionals in the pharmaceutical and chemical industries. The students’ perceptions of their own technical knowledge and skills prior to undertaking the module have been assessed using a survey instrument. …

Editor's Notes Iujsl Volume 5 Issue 2 Spring 2016, Eric Glustrom

The International Undergraduate Journal For Service-Learning, Leadership, and Social Change

No abstract provided.

Turkish Smes’ Use Of Financial Statements For Decision Making, Howard E. Vanauken, Semra Ascigil, Shawn Carraher

The Journal of Entrepreneurial Finance

With a sample of 91 small Turkish firms, this study examines the factors that affect the use of financial statements, and the important information they contain, to make decisions. A principal components analysis identifies three key variables that determine the use of financial statements: experience, confidence, and knowledge. Logit analysis reveals that these three variables are significantly associated with whether Turkish business owners use financial statements to make decisions. These results can help business owners and service providers for these businesses understand what affects their use of financial statements and the process by which financial statements get incorporated into decisions.

On The Behavior Of Entrepreneurial Factor Supply To The Firm, Nicos Zafiris

The Journal of Entrepreneurial Finance

This paper draws on an existing, but little used, approach to the choices governing the supply of ‘entrepreneurial’, in the sense of ‘residually remunerated’, resources to an enterprise, especially post start up. It focuses in particular on the hybrid ‘own factor demand/supply curve’ to the firm of Bronfenbrenner (1960), but attempts to treat such supply in conjunction with ‘contractual’ employment of resources, thus making use of gearing and portfolio concepts. To achieve this, it is found necessary for the hybrid schedule to be reinterpreted and recast as the locus of the relevant utility maximising choices. A model is presented which …

College News

Business Exchange

Forum Highlights the Value of Diversity in the Classroom and Boardroom; Marketing Professor Wins Teaching Accolades; DePaul Business Programs Earn Rankings

Cracking The Code Of Success: The Coding Academy

DePaul Magazine

BLUE1647 is a nonprofit technology and entrepreneurship innovation center—a type of tech incubator, but with a difference. The seven-day-a-week coworking space welcomes engineers and developers, but also provides technology education to young people and college students through strategic partnerships with DePaul, Chicago Public Schools and other organizations. BLUE1647 offers MBA social enterprise and undergraduate entrepreneurship students an experiential learning project called the Coding Academy, a tuition-based program offered on a full-scholarship basis to DePaul student cohorts.

2016 Ijbe Front Matter, Tamra Connor

International Journal for Business Education

1. Editorial Board
2. President's Letter
3. SIEC-ISBE International

Commercial Bank Small Business Lending Pre And Post Crisis, Kevin T. Jacques, Richard Moylan, Peter J. Nigro

The Journal of Entrepreneurial Finance

We analyze small business lending at U.S. commercial banks, how it has changed over time and how it differs by bank size. Specifically, we examine the impact of government policy intervention on small business lending in the aftermath of the financial crisis. We find several important results. First, we find that the Troubled-Asset Relief Program’s (TARP) $200 billion Capital Purchase Program (CPP) had little impact on the banks that received capital injections’ small business lending. Second, the Small Business Loan Fund (SBLF) lending program appears to have been a success as banks participating in the loan fund increased their lending …

Tapping New Markets: With Drinkmaple, Kate Weiler '04 Makes Sap The Latest Health Drink, Elaine K. Howley

Colby Magazine

Tapping New Markets: With DRINKmaple, Kate Weiler '04 makes sap the latest health drink. Maple sap, it turns out, is a nutritious, tasty, and hydrating drink that’s gaining a foothold in the beverage industry thanks, in part, to Kate Weiler ’04. Weiler tapped into this new market with her company, DRINKmaple, launched in January 2014.

The Maturing Of Entrepreneurial Firms: Entrepreneurial Orientation, Firm Performance, And Administrative Heritage, Birton Cowden, Jintong Tang, Josh Bendickson

New England Journal of Entrepreneurship

A large body of research has exhibited the positive effect of entrepreneurial orientation (EO) on firm performance. However, research that attempts to explore what happens to high EO firms when they mature is sorely needed. Every firm establishes a heritage over time that impacts future capabilities. In the current research, we build on the international business literature to examine how a firm’s administrative heritage moderates the long-term effects of the EO-performance relationship, examined through the firm’s asset specificity, founder tenure, and home culture embeddedness. From this, implications are derived for EO retention and the firm’s awareness of administrative heritage and …

Risk Management In The Venture Capital Industry: Managing Risk In Portfolio Companies, Dorian Proksch, Wiebke Stranz, Andreas Pinkwart, Michael Schefczyk

The Journal of Entrepreneurial Finance

Managing risk is one of the main activities of venture capital companies. Despite the fact that this topic is of high practical relevance, only little research was published on risk management performed by venture capital companies in their ventures. Hence, we conducted a structured literature review which was the basis for developing five hypotheses concerning measures to decrease failure risk in venture capital-backed ventures. We tested these hypotheses with an empirical data set of 93 venture capital-backed ventures in Germany using original deal data from nine different venture capital funds using a structural equation model. We showed that the experience …

Food Policy: Urban Farming As A Supplemental Food Source, Bessie Didomenica, Mark Gordon

Journal of Sustainable Social Change

Food policy has a unique role for public, nonprofit, private, and academic stakeholders. Growing food in the city is a challenge worldwide. Food systems can be destroyed by external (weather extremes) and internal (zoning regulations) forces. This study explores urban farms as a secondary food source and their common themes across four sectors. A Northeastern U.S. city was the case study to examine how it implemented its formal urban agriculture program. The positive social change implications of urban farms include greater food visibility and food access in low-income areas and more consumer awareness about growing fresh food. This study contributes …

Inquiring Into Entrepreneurial Orientation: Making Progress, One Step At A Time, Vishal K. Gupta, Dev K. Dutta

New England Journal of Entrepreneurship

As we think through the four papers that comprise this special issue, we cannot help but be elated at the progress made by "entrepreneurial orientation" (EO) scholarship over the past few decades. Indeed, it seems safe to contend that EO defies the description of entrepreneurship research as a “hodgepodge” (Shane & Venkataraman, 2000), and instead serves as a good example of how a cumulative body of knowledge should develop in organizational science.