Business Commons^™

Examining The Age—Performance Relationship For Entrepreneurs: Does The Innovativeness Of A Venture Make A Difference?, Kanti V. Prasad, Kyle Ehrhardt, Yiyuan Liu, Kamlesh Tiwari

New England Journal of Entrepreneurship

Whether older or younger entrepreneurs may be better positioned to achieve performance outcomes for their ventures is a much debated question. Here, we draw on Galenson’s theory of creativity to propose a contingency perspective for understanding the relationship between entrepreneur age and venture performance, suggesting that a venture’s level of innovativeness plays a moderating role. Results from a representative sample of 1,182 nascent entrepreneurs revealed mixed support for our hypotheses. While a negative relationship was found between entrepreneur age and performance for those developing “innovative” ventures, no relationship was found between entrepreneur age and performance for those developing “imitative” ventures.

An Entrepreneurial Context For The Theory Of The Firm: Exploring Assumptions And Consequences, Arturo E. Osorio, Banu Ozkazanc-Pan, Paul F. Donnelly

New England Journal of Entrepreneurship

While entrepreneurship may be driven by personal interests and lifestyle choices, entrepreneurial actions are not only economically driven opportunity-searching processes but also enactments of social transformation that may or may not lead to socioeconomic benefits. We advance that exploring these entrepreneurial processes can inform a theory of the firm that may explain how socioeconomic processes shape the socioeconomic environment of communities while serving individuals. This article discusses several understandings of the firm, as theorized in extant literature. Guided by these different conceptualizations, we present a case study of an artist and artisan cluster in Western Massachusetts to demonstrate various understandings …

New England Journal Of Entrepreneurship, Spring/Fall 2015

New England Journal of Entrepreneurship

No abstract provided.

Charting New Directions In Entrepreneurship Research, Vishal K. Gupta, Golshan Javadian

New England Journal of Entrepreneurship

Like all peer-reviewed journal articles, the papers published here were subjected to rigorous peer review and editorial oversight. This screening was in addition to the fact that authors could submit papers to the special issue of New England Journal of Entrepreneurship only if the paper had previously been presented at an Eastern Academy of Management (EAM) conference (either in the United States or internationally). Thus, each of the articles in this special issue has been through at least two independent peer-review processes, one at an EAM conference and another at NEJE. This rigorous two-tier procedure resulted in a selection of …

The Impact Of Immigrant Entrepreneurs’ Social Capital Related Motivations, Claudia Gomez, B. Yasanthi Perera, Judith Y. Weisinger, David H. Tobey, Taylor Zinsmeister-Teeters

New England Journal of Entrepreneurship

The immigrant entrepreneurship literature indicates that immigrant entrepreneurs reap numerous benefits from their co-ethnic communities’ social capital. These benefits, however, often come at a price because scholars note the potential for this community social capital to impose limitations on the entrepreneurs. While the literature largely focuses on the benefits of social capital, there is no research on what motivates the immigrant entrepreneurs to engage with their co-ethnic community in terms of contributing to, and utilizing, their co-ethnic communities’ social capital, and the consequences these may have on their enterprises. Addressing this gap in the literature is important in the development …

Relational Ties In Emerging Markets: What Is Their Contribution To Sme Growth?, Natalya Totskaya

New England Journal of Entrepreneurship

Prior studies argue that social capital is vital for firm growth. Adding to this line of research, this paper provides more evidence regarding the contribution of bonding and bridging social ties to various aspects of small-l and medium-sized enterprise (SME) development. Building on the original data from Russia, this paper investigates the effects of firm-internal and firm-external relational ties on SME performance and geographic expansion. The findings indicate that horizontal bridging ties facilitate specific strategies of SME growth. Thus, this paper supports prior research conducted in the Asian context, and allows for extending the outcomes of bonding and bridging social …

Entrepreneurial Behavior During Industry Emergence: An Unconventional Study Of Discovery And Creation In The Early Pc Industry, Alka Gupta, Christoph K. Streb, Vishal K. Gupta, Erik Markin

New England Journal of Entrepreneurship

Acting entrepreneurially in nascent industries is a complex endeavor characterized by uncertainty and ambiguity. Nevertheless, entirely new industries do emerge, often as a direct result of entrepreneurial behavior. We extend and apply discovery and creation approaches to study entrepreneurial behavior during industry emergence by means of qualitative analysis of a film about the personal computer (PC) industry’s formative years. We find that discovery and creation behavior are fundamentally interrelated and share a common element: bricolage. Moreover, ideological activism is a major component of entrepreneurial behavior in a new industry’s formative years during both creation and discovery processes. Implications for research …

Suitable Financing: A High-Tech Semiconductor (Photonics) Start-Up Context, Sarkar Mahbub Akhter

Theses

This research investigates the financing options available to a "High-Tech Start-up" when a technical person seeks to start a business from innovations emerging from his or her daily work. In seeking to understand the different factors which might influence the choice of a particular type of financial source, firstly a thorough literature survey has been performed. In the main part of the study, a qualitative research approach was considered to be the most appropriate one and as part of it, a number of interviews with entrepreneurs, CEOs and CTOs have been conducted. Findings from these people with financial experiences are …

Taking Back Migrants: A Theoretical Investigation On The Low Propensity Of Entrepreneurship In Ofw-Dependent Households, Carlo Anton G. Arguelles

Angelo King Institute for Economic and Business Studies (AKI)

In light of different Philippine economic issues, it can be said that this country is evolving and is constant at the same time. This evolution and consistency are present in the opportunity-seeking behavior of Filipino households. One aspect of change is the higher engagement of households in entrepreneurship as reported by GEM (2014a). Data on entrepreneurship presents the Philippines with an early-stage entrepreneurship (TEA) rate of 18.4%. GEM (2014b) stated that this rate is higher than the average start up rates of Asia and Oceania (13%); which implies that Filipino households, relative to their counterparts in these regions, are more …

Entrepreneurship: Theory And Application In A University Arts Management Setting, Paul Linden

Scholarship and Professional Work - Communication

This article explores the applicability of entrepreneurship as an academic course of study with respect to the broader area of arts management pedagogy. A historical overview of primary texts ranging from the seventeenth to nineteenth centuries serves as a preface for a discipline-based perspective of its twentieth-century articulations. Primary theoretical exponents reveal the economic, sociological, and psychological underpinnings of entrepreneurship as it is developed as an academic topic. Mahoney and Michael’s subjectivist theory informs the relationship between entrepreneurship and the study of creative and cultural industries. Recommendations for specific pedagogical application include structuring and content for in-class activities and outreach …

International Management: Strategic Opportunities And Cultural Challenges, Paul B. Sweeney, Dean B. Mcfarlin

Management and Marketing Faculty Publications

As the economies of many countries become more interrelated, international managers are facing huge challenges and unique opportunities associated with their roles. Now in its fifth edition, Sweeney and McFarlin's International Management embodies a balanced and integrated approach to the subject, emphasizing the strategic opportunities available to firms on a global playing field, as well as exploring the challenges of managing an international workforce.

Integrating theory and practice across all chapter topics, this book helps students to learn, grasp, and apply the underlying principles of successful international management:

• Understanding the broad context of international business, including the critical trends impacting …

Taking A Step Back From The Individual Social Entrepreneur, Ziene Mottiar

Conference papers

An investigation of how a national tourism policy resulted in the emergence of new social entrepreneurs in destinations across Ireland.

Technological Factors For The Sustainability Of The Small Business Entrepreneur, Noghor Pessu

Walden Dissertations and Doctoral Studies

Technical innovation creates challenges for the small business entrepreneur who uses global activities in the marketplace. Information technology and the technological innovations of the World Wide Web are driving competitiveness in the marketplace with a loss of market share for the individual business owner. The purpose of this phenomenological study was to explore the lived experiences and perceptions of a purposive sample of 20 small business owners in the metropolitan Atlanta area regarding the effect of technology, technological insertion, and application for long-term sustainability. Rogers's diffusion of innovations theory served as the conceptual framework of this study. Data were gathered …

Networking The Relationships Of Microenterprise Development In Bulgaria, Kristina Ann Harris

Walden Dissertations and Doctoral Studies

The networking relationships provided by microenterprise development (MED) organizations foster sustainable and scalable Bulgarian small businesses. Some Bulgarian MED leaders lack the strategies to help sustain small businesses in Bulgaria. Guided by the actor network theory, the purpose of this case study was to explore the strategies MED leaders use to help sustain small businesses in Bulgaria. Data were collected through a semistructured focus group comprised of MED Bulgarian business leaders (n = 4) in Rhodope Mountain Region and company data consisting of financial reports, marketing presentations, and company business plan. The data analysis included using keyword frequency comparisons, coding …

Managing Excessive Entitlement In Support Of Family Business Longevity, Maria Andrea L. Santiago

Angelo King Institute for Economic and Business Studies (AKI)

Family members feel entitled to family wealth because of various reasons. Some claim that they deserve part of the wealth since they are members of the family. Others assert that they earned rights to the wealth through hard work, while still others argue that they deserve part of the family wealth because they are special. When family members do not get what they think they deserve based on their perceptions of entitlement, they declare that it is unfair. This becomes problematic when family members manifest their sense of entitlement in a dysfunctional manner. In a family business, this may result …

Best Practices Guide On Federal Contracting Opportunities Recommendations For Small Businesses In El Paso, Ana Rodriguez Camargo

Technical Reports

No abstract provided.

From The Editor, Spring/Fall 2015, Grace Guo

New England Journal of Entrepreneurship

No abstract provided.

The Strengths Of Entrepreneurs In Nebraska, Zach Zimmerman

White Papers

Nebraska has an entrepreneurial spirit in its culture. This study of Nebraska university students using the Gallup Strengths Finder attempts to identify, articulate and analyze what exactly that means.

Gender Differences In The Use Of Assistance Programs, Juita-Elena (Wie) Yusuf

School of Public Service Faculty Publications

The purpose of this paper is to examine differences in factors influencing use of entrepreneurial assistance programs by male and female entrepreneurs. Design/methodology/approach – Data from the Panel Study of Entrepreneurial Dynamics I are used to determine drivers of assistance program use by men and women using logistic regression. These drivers include size and composition of the start-up team and personal network, experiences of the entrepreneur, team and network; support provided by the team and network, and other factors. Findings – In total, 31 percent of female entrepreneurs and 24 percent of male entrepreneurs in the sample used entrepreneurial assistance …

Small Business And Entrepreneurship In Nebraska, Robert Bernier

White Papers

How does small business and entrepreneurship in Nebraska compare to its counterparts in other regions of the U.S.? What determines the rates of business formation in a community? What are the significant characteristics of Nebraska small businesses?

Growing Your Business By Selling To The Government, Roger Johnson

White Papers

Twenty-three percent of all prime contracts are set aside for small business. This has resulted in more than $83 billion dollars of revenue for small businesses. This is a lot of opportunity you could be missing out on for your business.

A Practical Guide To The Veterans Administration Small Business Program, Jason Bousquet

White Papers

In 2015, the Veterans Administration could spend as much as $12.6B of their $65.3B2 budget with verified (certified) veteran owned firms in both prime or subcontractor roles. Clear up confusion about the certification process.

Success Factors Of Small Business Owners Of Independent Financial Planning Firms, Joanne Snider

Walden Dissertations and Doctoral Studies

Small Business Administration statistics indicate that 20% of small businesses fail within the first 2 years and 50% fail within 5 years. The purpose of this case study was to explore the success factors and strategies of 12 small business owners of independent financial planning firms who achieved profitability beyond 5 years. A gap exists in the literature concerning such business owners, and their experiences provide valuable information to others desiring to start or maintain a financial planning business. The conceptual framework was entrepreneurship theory and Porter's 5 forces model of competitive strategy. The data were gathered via semistructured interviews …

Retail Distribution Within The New York City Organic Cacao Market, Omari Nekoro Williams

Walden Dissertations and Doctoral Studies

The purpose of this multiple case study was to explore strategies small physical commodities firm owners need to establish a distribution channel within the commodities market to enhance profits. The general business problem was that importing physical commodities from emerging markets was not profitable. The specific business problem was some small physical wholesale commodities firm managers lacked strategies to establish distribution channels for imported commodities. The information presented in this study is important to suppliers, manufacturers, distributors, and retailers of organic cacao products to identify strategies to enhance their distribution channels. Disruptive innovation and the theory of constraints grounded the …

Un Estudio Comparado Del Valor Económico Y Social De Dos Universidades Adventistas, Gus Gregorutti

Faculty Publications

This study seeks to understand the key factors that contribute tothe successful continuation of the food industries of two Adventistuniversities in Colombia and Peru. These factories have been contributingsocially and economically through employment opportunitiesfor students from lower social strata. The study gathered data froma series of interviews with managers of both factories. The resultsshowed that the success of continuity and contribution is relatedto efficient administrative relations between universities and factoriesand a culture of innovation that seeks to have the best humanresources to adapt to markets. Respondents also expressed someconcerns for the future performance of the current model of university-industry. The …

The Eco-Sustainable Initiative: A Case Study In And Evaluation Of Eco-Labeling, Chiara Dorigo

Pomona Senior Theses

This paper reviews the significance of eco-labeling as a green consumption practice, and more broadly as a form of everyday environmentalism. It uses a random sample of 50 eco-labelers from an online database to analyze the current eco-labeling landscape and evaluate the business model of an emerging eco-labeling startup called the Eco-Sustainable Initiative (ESI). Conclusions include recommendations for ESI before its launch, and implications of ESI’s merits and shortcomings for the eco-labeling landscape at large.

Advantages And Challenges Of Incorporating Virtual Currency Into Small Businesses, Spencer Sheehan

Undergraduate Theses, Professional Papers, and Capstone Artifacts

This research paper discusses my findings in assisting Lake Missoula Tea Company become one of the first businesses in Missoula, Montana to accept Bitcoin, a virtual currency, as payment. First, I will offer a background of how Bitcoin technology works, and draw on notable historical issues to better understand its evolution, leading up to how it is currently used. I will explore possible economic benefits realized through utilizing Bitcoin in a business environment, such as transaction fee savings through substitution of traditional credit card processors, alleviating security and privacy issues, as well as publicity and marketing benefits. Serious roadblocks of …

Analysis Of Market Demand And Quality Of Infant Toddler Care Programs In Missoula, Montana, Jennifer A. Keller

Undergraduate Theses, Professional Papers, and Capstone Artifacts

In order to test the hypothesis that there are not enough high quality infant toddler care programs in Missoula to meet the demand of the market, creating an opportunity for a local child care provider to open a high quality infant toddler program as part of the child care services that they offer, an observational study of the current infant toddler care programs in Missoula, Montana was conducted. Spirit at Play, a child care center in Missoula, Montana, is evaluating the current child care market in Missoula to see if, and how many, quality infant toddler programs are being offered …

Which Craft? An Investigation Into The Irish Craft Brewing Industry - Exploration And Co-Operative Context, Oliver Blackwell

Theses

This study investigates and explores the Irish craft brewing industry with a specific focus on the attitudes, experiences and perceptions of Irish craft brewers to exportation and cooperation. This rapidly growing, niche sector could be considered a microcosm or subset of the Irish brewing industry and it is a valuable contributor of diversity, innovation, creativity, employment and revenue to the Irish economy as an indigenous industry. A quantitative and qualitative mixed methods approach was adopted to triangulate data from various sources. The research comprised of a survey questionnaire to Irish craft brewers, seven semi structured one-to-one interviews and one focus …

Creative Based Entrepreneurship: The Impact Of Acculturation On Opportunity Engagement, The Case Of Recent Mexican Immigrants To The United States, Michelle Ruiz

Open Access Theses & Dissertations

Opportunity recognition is a fundamental process of entrepreneurship. It is a continuum creative product that goes from the conception of an idea to its transformation into a process of starting and operating a business (Dimov 2007). Its importance comes from the consideration not only of the entrepreneur, but also of the context where he or she operates, the social context where the individual discusses, and evaluates his/her ideas. One of the more neglected aspects of research regarding creative opportunity recognition is the context, both cultural and social, where this opportunity is created and recognized. Among several studies that have examined …