Business Commons^™

Bridging The Gap: Motivations, Challenges, And Successes Of Veteran Entrepreneurs, Nyasha Y. Boldon, Rosalinda V. Maury

Institute for Veterans and Military Families

This exploratory study seeks to better understand veterans' business journey experience. As a result, this research study spans several areas of the business ownership, including finances, mentorships and networks, educational and learning styles, and challenges/barriers. Helpful for anyone who seeks an awareness of the veteran entrepreneurship industry.

Future Entrepreneurship Education For Students In China, Yang Song, Dafna Schwartz

International Symposium for Innovative Teaching and Learning

Due to the increasing needs of entrepreneurial activities in China, entrepreneurship education is becoming one of the most important topics for university students. This project reviews the current situation of Chinese entrepreneurship education and problems that exist. We focus on factors that influence the appropriateness of entrepreneurship studies to the needs and expectations of university students in China. We aim at discovering how to improve the entrepreneurial traits and business needs of the students from entrepreneurship studies. We aim at highlight the disparity between the supply and the expectations from entrepreneurship programmes in Chinese universities. Furthermore, we will compare the …

Profitability Ratios In The Early Stages Of A Startup, Erkki K. Laitinen

The Journal of Entrepreneurial Finance

This study develops a mathematical framework to analyze the time series of profitability ratios in the early stages of a startup. It is assumed that the expenditure of the startup grows at a steady rate and generates a proportionally identical flow of revenue in each period. The profitability in terms of the internal rate of return (IRR) and the lag structure of revenue flows are assumed constant over time in describing the adjustment process towards the steady state. The startup is assumed to expense in each period a constant part of periodic expenditure and beginning-of-the-period assets. The adjustment processes of …

Urban Informal Economy In Bangladesh: A Case Study On Mobile Vegetable Vendor In Dhaka City, Md Sanaul Haque Mondal

The Qualitative Report

The informal economic sector is very important for the economy of any developing country. As a developing country, informal economy plays a significant role to Bangladesh’s labor market. But this sector is still undernourished. This research was conducted to understand the contribution of the urban informal sector at a micro scale. This paper aimed at revealing the contribution of vegetable selling to improve socioeconomic status of vegetable vendors and the obstacles they face to run their business. Research data was collected through in-depth interviews with vegetable vendors who engaged in vegetable selling by rickshaw vans in Dhaka city. Results from …

Paying It Forward, Joshua Sim

Research Collection Institute of Service Excellence

Joshua Sim, founder of The Beautiful Moment Photography, defines service excellence in a surprisingly relatable way — through emotional intelligence.

College News: First Business Alumni Reunion Held In China; Kellstadt Enhances Program Offerings; Coleman Entrepreneurship Center Forges New Alliance

Business Exchange

Chinese alumni meet in Shanghai for first-ever business alumni reunion; MBA program developments; STEM-designated master's degree options; renaming of Master of Accountancy to Master of Science in Audit and Advisory Services; partnership between Coleman Entrepreneurship Center and several other DePaul colleges and schools to create a DePaul mewmbers at 2112, a Chicago-based incubator for music, video and creative tecnology startups.

It Takes Two, Faye Sit, Ernest Ting

Research Collection Institute of Service Excellence

Faye Sit and Ernest Ting of Hook Coffee contemplate Singapore’s service standards and if the Singapore market is ready for better service.

Serendipitous Stylings, Yi Lian Ng

Research Collection Institute of Service Excellence

Multihyphenate Yi Lian Ng reflects on her seemingly radical career change and life as a florist, freelance writer and stylist, and accidental entrepreneur

Growing Together, Shannon Ong, Mike Foo

Research Collection Institute of Service Excellence

Shannon Ong and Mike Foo of Woods in the Books discuss the significance of diverse stories and the importance of growing with your customers.

Activating Actavis, Aaron Edlin, C. Scott Hemphill, Herbert J. Hovenkamp, Carl Shapiro

Aaron Edlin

In Federal Trade Commission v. Actavis, Inc., the Supreme Court provided fundamental guidance about how courts should handle antitrust challenges to reverse payment patent settlements. The Court came down strongly in favor of an antitrust solution to the problem, concluding that “an antitrust action is likely to prove more feasible administratively than the Eleventh Circuit believed.” At the same time, Justice Breyer’s majority opinion acknowledged that the Court did not answer every relevant question. The opinion closed by “leav[ing] to the lower courts the structuring of the present rule-of-reason antitrust litigation.”This article is an effort to help courts and counsel …

Actavis And Error Costs: A Reply To Critics, Aaron S. Edlin, C. Scott Hemphill, Herbert J. Hovenkamp, Carl Shapiro

Aaron Edlin

The Supreme Court’s opinion in Federal Trade Commission v. Actavis, Inc. provided fundamental guidance about how courts should handle antitrust challenges to reverse payment patent settlements. In our previous article, Activating Actavis, we identified and operationalized the essential features of the Court’s analysis. Our analysis has been challenged by four economists, who argue that our approach might condemn procompetitive settlements.As we explain in this reply, such settlements are feasible, however, only under special circumstances. Moreover, even where feasible, the parties would not actually choose such a settlement in equilibrium. These considerations, and others discussed in the reply, serve to confirm …

Recognizing Opportunities Across Campus: The Effects Of Cognitive Training And Entrepreneurial Passion On The Business Opportunity Prototype, S. F. Costa, Susana C. Santos, D. Wach, A. Caetano

Rohrer College of Business Faculty Scholarship

We analyze the effects of the program Cognitive Entrepreneurial Training in Opportunity Recognition on the accurate assessment of prototypical viability of business opportunities. The training integrates the principles of experiential learning and is designed to reach students across campus. We also investigate the moderating role of entrepreneurial passion on opportunity recognition learning. We use a quasi‐experimental design with pre‐test, post‐test in two European universities. The results demonstrate that the training has positive significant effects on the accurate identification of business opportunities' prototypical viability. Intense positive feelings about entrepreneurship moderate the learning process. We provide insights into entrepreneurship education practice across …

Q&A With Michael Seibel, Y Combinator Ceo, Singapore Management University

Perspectives@SMU

This is the transcript of the questions posed to and answered by Michael Seibel, CEO of Y Combinator during the Q&A session at the sidelines of the recent Lee Kuan Yew Global Business Plan Competition.

Cash Versus In-Kind Transfers: Comparative Differences And Individual Best Practices To Benefit Recipient Communities, Sarah Wicker

Senior Honors Theses

This research paper seeks to compare cash and in-kind transfers in the context of foreign poverty aid to determine which transfer style is most beneficial and to evaluate long-term best practices of each kind to more positively benefit the recipient communities. It does this by comparing arguments for and against each transfer model. The first argument discusses the differences in distribution costs between the two models. The second compares the cash transfer’s strong concept of choice with in-kind transfer’s typical style of controlled consumption of goods. The second argument discusses the timing and impact of targeting communities in connection to …

Exclusive Summary: Diabetes Happy Meal, Bhawinee Banchongraksa

Engineering and Technology Management Student Projects

Brief summary of application software designed to assist diabetics to make healthy dietary choices, and to offer means to buy ingredients online.

Flipscreen.Ai, Christopher Davis

Engineering and Technology Management Student Projects

Slides from a presentation outlining a new software product that pushes real time, personalized fantasy data directly to viewers' televisions, allowing them to better play skill based fantasy sports games.

Bringing About Fullness Of Life With Care And Compassion: Learnings From The Social Enterprise Of The Good Shepherd Sisters, Julius B. Lunar

Center for Business Research and Development

One of the principles of the Church’s social teachings is integral human development. In his encyclical, Populorum Progressio, Pope Paul VI stated that “authentic human development is the development of the whole human being and of all human beings.” The importance of individuals as human beings is also rooted in the conviction of St. Mary Euphrasia Pelletier, foundress of the Good Shepherd Sisters, who kept reminding her daughters that “a person is of more value than the whole world.”

The Integral Human Development Approach guides the business model of the Mountain Maid Training Center (MMTC) in Baguio, which is a …

Formalizing Through Finances: A Case Study With Unics, Leah Kellenberger

Independent Study Project (ISP) Collection

This paper seeks to analyze the microfinance industry in Yaoundé, Cameroon through the lens of the microfinance institution UNICS. The main question guiding this study deals with whether or not the UNICS is encouraging a shift to the formal sector through their work with business people. Other questions relating to repayment rates and subsequently economic development also remain pertinent to the information found. In total, it is found that UNICS seeks to encourage formal sector growth through their work with businesspeople in the informal. Repayment rates however do not determine success of any aspect of a customer’s business or encouragement …

Perspectives On Language From Street Produce Vendors In Cape Town: An Examination Of Education, Trading, And Development In The Informal Sector, Hannah Oldham

Independent Study Project (ISP) Collection

Language is vital for the functioning of societies, from education to economic interactions. Language of education presents challenges in Africa due to colonial linguistic legacies and the diversity of indigenous African languages. While education trains learners for work in the formal economy, the South African formal cannot absorb all the available labor. The informal economy therefore provides vital work and income to millions of South Africans and immigrants. Language use in the informal sector was studied, including the education and work traders had before working as street produce vendors.

Six interviews were conducted: two near the Cape Town taxi rank, …

Undeclared Economic Activities Of Croatian Companies Findings From A Representative Survey Of 521 Companies, Colin C. Williams

Colin C Williams

Resources That Predict Microbusinesses Winning A U.S. Government Contract, James Marshall Ensign

James Ensign

The U.S. Government (USG) sets aside $133 billion annually to procure goods and services from small businesses. To increase efficiency and effectiveness, the USG employs e-commerce procedures that continually change, forcing small and microbusiness owners (MBO) to learn new technical skills. This continuum of change is adversely affecting MBO who lack technical skills. The purpose of this correlational study was to determine whether a relationship existed between the independent variables of formal training consisting of third party providers, consultants, and higher education (INTM); previous federal employment (PFE); and government-sponsored training (GST) and the dependent variable of MBO winning a USG …

What Factors During The Genesis Of A Startup Are Causal To Survival?, Gilbert T. Gonzalez

USF Tampa Graduate Theses and Dissertations

This research presents the results of a qualitative and quantitative investigation into what factors are present at time zero that increase the probability that a startup will achieve long term sustainability.

Survival rates for startups in the United States (U.S.) are disappointingly low and economically inefficient. The data shows that the U.S. clearly lags its peer countries in the survival rates of startups. The U.S ranked an unacceptable 11th of 14 among its peer countries in first-year survival rates in recent years. Startup failure does not only impact the entrepreneur; it also impacts creditors, vendors, community stakeholders, and employees. While …

Newsroom: From Farm To School 09-21-2017, Jill Rodrigues, Roger Williams University School Of Law

Life of the Law School (1993- )

No abstract provided.

Financing Small And Medium-Sized Enterprises In Thailand: The Importance Of Bank Loans And Financing Diversification, Harri Ramcharran

The Journal of Entrepreneurial Finance

Bank loans are the main sources of financing the Small and Medium-Sized Enterprises (SME) sector of the Thai economy. This sector contributes to about 37% GDP and employs about 80% of the labor force. Recent data indicate a decline in bank lending; this necessitates the efficient use of available funds and strategies to diversify SME financing. Using data from 2007 – 2014, we analyze the performance of this sector by applying several measures of productivity. We find average productivity to be greater than one for: (a) SME output per unit of SME and (b) SME output per Baht loan. This …

Application Of New Theory In Entrepreneurship: Social Cognition, Ryan Matthews Dr., Kelly R. Hall, Lucy Matthews

Atlantic Marketing Association Proceedings

No abstract provided.

Developing A Model For Entrepreneurs: Niche Tourism And Consumer Typologies, Michelle B. Kunz, Janet M. Ratliff

Atlantic Marketing Association Proceedings

No abstract provided.

Manu Militari: The Institutional Contingencies Of Stakeholder Relationships On Entrepreneurial Performance, Shon R. Hiatt, W. Chad Carlos, Wesley D. Sine

Faculty Publications

This study examines how ventures can leverage relationships with heterogeneous government stakeholders to enhance survival in different institutional environments. We consider how the distinct resources provided from venture ties to military and political actors represent complementary strategic assets that differentially influence performance in varying political and economic environments as well as under conditions of violence and political conflict. Empirically, we examine the effect of these respective stakeholder relationships on new venture survival across 10 countries over a 65-year period. By distinguishing between the resources obtained through relationships with different types of government stakeholders and showing how the value of these …

Cbn Real Sector Financing For Inclusive Growth And Economic Development., Mudashiru A. Olaitan

Bullion

The fall in crude oil in the international market has expose Nigeria's vulnerability to external shocks and overdependence on a mono-product economy thereby presenting the opportunity for Nigeria to diversify its economy away from oil into agriculture, manufacturing services and other non-oil sectors. This paper examines the need to support key sectors that are drivers of growth and to also upscale its developmental finance initiatives targeted at economic growth, deepening of deepening of credit delivery to the real sector. The paper highlighted focal areas and the interventions by CBN in these areas to include Agricultural sector; Infrastructure; Manufacturing sector; MSMEs …

Msme Sector: The New Paradigm For Nigeria's Economic Development, Adewale M. Mustapha

Bullion

MSMEs play a major role in most economies, especially in developing countries. This paper examines the opportunity provided by FSS2020 to enhance development of the MSME sector in Nigeria. The paper begins by examining the concept of FSS2O2O strategy for the MSME sector with specific focus on the six (6) Strategic Objectives and three (3) Transformational Programs to drive the development of the sector. These strategic objectives and the respective initiatives have a high multiplier effect on the entire Nigeria financial system. The six objectives ore: Advocate and Work with the government to Drive SME development, 2. Promote Financial Reporting …

From Capitol Hill To Venture Capital, Singapore Management University

Perspectives@SMU

The CEO of Y! Combinator on how a ‘dumb idea’ became the world’s top videogaming community, the core of being an entrepreneur…and pizza