Business Commons^™

Signaling, Resource-Based Power, And Pre-Ipo Organizational Change, John S. Pearlstein, Robert D. Hamilton

New England Journal of Entrepreneurship

The theory presented suggests that underwriters are both advisors and independent agents in the issuer’s attempt to send “signals” of quality to investors by making pre-IPO organizational changes. These pre-IPO gambits are intended to increase IPO proceeds, and preemptively address potential investor concerns that would deter them from subscribing. These organizational changes initially can financially benefit founders, early investors and underwriters. But they can also have a longterm impact that some issuers, especially founders, would prefer to avoid. Utilizing signaling and resource-based power, we find that underwriter power is significantly associated with making pre-IPO gambits and lower levels of underpricing.

New England Journal Of Entrepreneurship, Spring/Fall 2012

New England Journal of Entrepreneurship

No abstract provided.

Factors Affecting The Governance Of Innovation Commercialization: A Theoretical Model, Datta Avimanyu, Richard Reed, Len Jessup

Business Faculty Publications

The ability to commercialize innovations is central to firm survival and success and despite research on parts of the process, there is no overarching framework. Successful commercialization can include retaining ownership of the innovation and bringing it to market, sharing it by licensing or developing it with partners, or by selling it. A firm-level model is constructed that goes from innovation sourcing, through assessment of viability, to selection of the optimum form of governance. External networks and absorptive capacity at the meso level, plus micro- and macro-level factors, as moderators affecting the strength of the relationship between viability and governance …

Social Incubators: A Place For Changemakers To Call Home, Jared Tham

Social Space

While business incubators are an integral component of the startup ecosystem—by providing a space between the ideation stage and the point where investors are willing to commit funds— Jared Tham finds a dearth of similar structures in the non-profit sector to support fledgling social enterprises and social sector organisations.

Self Vs. Organizational Employment: The Neglected Case Of Positive Spillover, David J. Prottas

New England Journal of Entrepreneurship

Self-employment is presented as enabling people to better balance their work and family roles but research on its effectiveness is equivocal. We collected survey data from 280 self- and organizationally-employed certified public accountants and conducted a multivariate analysis comparing positive spillover and conflict between the two groups.The self-employed reported less work-to-family conflict with no differences with respect to family-to-work conflict or positive spillovers. However, there were different patterns between male and female subsamples: self-employed males experienced less conflict and more positive spillover than male employees, whereas self-employed females had less of one form of conflict but more of the other.

Natural Resources In Nonmetropolitan Nebraska: Use And Priorities: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Nebraska Rural Poll

Many rural Nebraskans say they already recycle a lot and face no barriers. However, many rural Nebraskans cite lack of programs and difficulty getting materials to drop-off sites as barriers to recycling. Persons living in or near smaller communities are more likely than persons living in or near larger communities to say their community doesn’t offer recycling. However, most rural Nebraskans say their community offers either curbside pickup or drop-off recycling for all of the materials listed with the exception of glass bottles.

Most rural Nebraskans are in favor of building the Keystone XL pipeline, but think it should be …

Quality Of Life In Nonmetropolitan Nebraska: Perceptions Of Well-Being And Church Life: 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Philip Schwadel

Nebraska Rural Poll

Most rural Nebraskans are positive about their current situation. And, they continue to be generally positive about their future situation. Over one-half (51%) of rural Nebraskans think they are better off than they were five years ago and just under one-half (45%) think they will be better off ten years from now. Certain groups remain pessimistic about their situation. Persons with lower household incomes, older persons, and persons with lower educational levels are the groups most likely to be pessimistic about the present and the future.

When asked if they believe people are powerless to control their own lives, most …

Sustained Growth, Eric Thompson, University Of Nebraska-Lincoln

Business in Nebraska

U.S. Macroeconomic Outlook

he U.S. economy remains on a path of sustained, moderate economic recovery. Growth persists despite a stalled U.S. housing sector, recession in Europe and slowing growth in China and much of the developing world. These factors undoubtedly have slowed growth in the U.S. economy, and are a continuing source of uncertainty, but U.S. economic growth has continued just the same. The credit must go to a flexible and agile U.S. private sector. Since the financial crisis began, businesses have continued to improve their balance sheets, invest in productivity, and seek out opportunities in growing sectors of the …

Corporate Adaptation: From Wholesale To Direct To Consumer Shipments, Gretchen A. C. Kroll

Theses and Graduate Projects

Technology has changed the way consumers' buy that has caused a shift in the traditional channels of distribution. This paper reviews the role of a giftware wholesaler and the feasibility of serving in the internet distribution by offering direct to consumer shipments. lt will identify and analyze benchmarks in fulfillment set by Amazon as well as review potential options by considering the margins of both the wholesaler and the virtual retailer. The research will conduct two experiments that connect the wholesaler in the new distribution by accommodating direct consumer shipments: 1. Engaging Amazon Corporation in selling the wholesalers product and …

Small-Scale Aid Donors, Agribusiness, And The Zambian Export Sector, John R. Ledgerwood, Stephen N. Morgan

Publications

Production of high value agriculture and natural products has become a key instrument in economic development programs to accomplish the dual objectives of raising rural incomes and conserving valuable environmental resources. Rapid growth in global demand for organic and natural products has provided a strong economic incentive for small scale aid agencies to expand into this niche market. Through this analysis we investigate the economic impact that aid funded agricultural production has had on rural residents of Zambia and how this development strategy allows small scale aid donors to capitalize on the business and export opportunities in the Central African …

Reconsidering Community-Based Retailing, Rebecca Maughan, Aidan O'Driscoll

Books/Book Chapters

One of the areas with great potential for economic, social and environmental benefit is community-based retailing. The concept of community based retailing can incorporate a number of different tenets. We suggest that it is retailing that is based close to the community it serves, usually within the town or village centre rather than out-of-town locations, and which is composed of a diverse range of small and medium sized business that are often independently or co-operatively owned. These community-based businesses form part of the social and community infrastructure.

We first of all explore the broad benefits of community-based retailing. We focus …

Building A Systems View Of Strategic Discourse Across Organizational Meetings, Brendan O'Rourke, Martin Duffy

Books/Book Chapters

The purpose of this paper is to explore and expand the theoretical resources available to conceptualise organisational strategy meetings as a ‘system’, rather than as singular strategic events or episodes.

The paper begins by reviewing the Meetings literature to explore the existing theoretical guidance on conceptualising meetings as a collective and integrated set of activities, rather than as singular events in isolation of each other. The Systems literature is reviewed to identify concepts which may be adopted to enable a systematised view of meetings. The central focus of the paper is to explore the theoretical ways through which organisations’ meetings …

Strategic Discourse Across Organizational Meetings:Towards A Systems Perspective., Brendan K. O'Rourke, Martin Duffy

Conference Papers

Strategic Discourse across Organizational meetings: Towards a Systems Perspective Abstract This paper presents a tentative theoretical conception of how organizational meetings may be viewed as a system rather than as individual events. Perspectives from process metaphysics(Langley and Tsoukas, 2010), meso-discourse analysis (Alvesson and Karreman, 2000, 2011) and systems thinking (von Bertalanffy, 1969) are adopted, to explore and expand the theoretical resources available to conceptualise a ‘system of meetings’. The primary data draws from 130+ hours of recorded meeting proceedings, spanning 58 meeting events, from multiple sub-groups within a medium sized company.

Crossing The Valley Of Death: A Multi-Sited, Multi-Level Ethnographic Study Of Growth Startups And Entrepreneurial Communities In Post-Industrial Detroit, Marlo Rencher

Wayne State University Dissertations

The intention of this research is to reveal the humanity of the startup experience for American growth companies. What is it about the growth entrepreneurship experience that has been hidden from view? Can we begin to articulate a holistic view of entrepreneurship--including those human universals and culture-bound particulars that must be successfully navigated?

This study is an ethnographic account of three Detroit-based entrepreneurial communities and the people within them. This research examines the sociocultural features of entrepreneurship on three levels. The first level of context for growth businesses to be studied is that of their entrepreneurial community. These communities have …

The New Exit In Venture Capital, Darian M. Ibrahim

Faculty Publications

No abstract provided.

From The Editor, Joshua Shuart

New England Journal of Entrepreneurship

No abstract provided.

The Effect Of Entrepreneurial Marketing On Outcome Goals In Smes, Richard C. Becherer, Marilyn M. Helms, John P. Mcdonald

New England Journal of Entrepreneurship

This study examines how entrepreneurial marketing dimensions (proactiveness, opportunity focused, leveraging, innovativeness, risk taking, value creation, and customer intensity) are related to qualitative and quantitative outcome measures for the SME and the entrepreneur (including company success, customer success, financial success, satisfaction with return goals, satisfaction with growth goals, excellence, and the entrepreneur’s standard of living). Using factor analysis, three success outcome variables (financial, customer, and strong company success) emerged together. A separate factor analysis identified satisfactory growth and return goals. Stepwise regression revealed entrepreneurial marketing impacts outcome variables, particularly value creation. Implications for entrepreneurs and areas for research are included.

Persistence And Survival In Entrepreneurship: The Case Of The Wave Energy Conversion Corporation Of America, Giles Jackson, Randy Boxx

New England Journal of Entrepreneurship

Many entrepreneurial firms risk falling into a cash flow “Valley of Death”—the stage of a young firm’s life when seed funding is running dry but the firm has yet to secure sufficient additional funding to carry it through to product commercialization.This is particularly true in the nascent cleantech sector, where investments are often complex and capital intensive. Drawing on an in-depth interview with seasoned entrepreneur Brian Cunningham, CEO of the Wave Energy Conversion Corporation of America, this article explores the role of persistence in entrepreneurship, distinguishing between “calculated” and “blind” persistence.

An Evaluation Of Entrepreneurial Difficulties In Ireland Since The Economic Downturn Of 2008, Edward Keogh

Theses

This Research Study looks at the Irish entrepreneurial landscape in the aftermath of the collapse of the Celtic Tiger, particularly at the small businesses sector. This study also looks at what entrepreneurs think of the effectiveness of the current policies in Ireland in helping entrepreneurs and businesses to cope and survive the current recession. The study looks at people who lost their businesses during the collapse of the Celtic Tiger and asks the question 'Can these people be supported to start-up back into business again?’

A qualitative research approach was undertaken in this study using the semi-structured interview method to …

Through The Opposite End Of The Lens: Market Reactions To Corporate Venture Capital, Jay J. Janney

Management and Marketing Faculty Publications

No abstract provided.

How Do Young Firms Manage Product Portfolio Complexity? The Role Of Absorptive Capacity And Ambidexterity, Stephanie A. Fernhaber, Pankaj C. Patel

Scholarship and Professional Work - Business

Building a complex portfolio of products can be beneficial for young firms due to increased sales growth and competitiveness. Yet, the benefits from product portfolio complexity (PPC) are often outweighed by rising costs, leading to an inverted U-shaped relationship between PPC and performance. Recent research has called for an increased understanding of how firms are able to better manage higher levels of PPC. We suggest that absorptive capacity and ambidexterity are vital to enhancing the benefits and mitigating the costs of increasing PPC. Using a sample of 215 young high technology firms, we find support for positive moderating effects of …

Measuring Entrepreneurship In The Academic Heartland, Jonathan Gagliardi

Legacy Theses & Dissertations (2009 - 2024)

ABSTRACT

It's Time For A Good Hard Look In The Mirror: The Corporate Law Example, John A. Barrett, Jr.

Fordham Journal of Corporate & Financial Law

This Article asserts that the move from the industrial age to the

information age represents a fundamental change to our society on

such a widespread basis that the legal order must reexamine the

premises about how our society functions, assessing whether

foundational elements of U.S. Common Law remain valid. This

Article first confronts briefly the continuing acceptance of certain

foundational premises in contract and intellectual property law,

illustrating that such premises are no longer supported by the

realities of modern society. With fundamental change challenging

multiple areas of law in the information age, this problem is worthy

of widespread inquiry …

The New Section 1202 Tax-Free Business Sale: Congress Rewards Small Businesses That Survived The Great Recession, Beckett G. Cantley

Fordham Journal of Corporate & Financial Law

On September 27, 2010, President Barack Obama signed the Creating Small Business Jobs Act of 2010 (“SBJA”) that contains a temporary amendment to Internal Revenue Code (“IRC”) § 1202. The amendment permits original shareholders of eligible corporation stock to sell the stock without being taxed on the sale. The temporary amendment initially only applied to certain stock acquired after the enactment of the SBJA and before January 1, 2011, but the amendment was extended on December 17, 2010 for another year ending January 1, 2012. With the impending sunset of the 15% capital gains rate at the end of 2012, …

Burgerville: Instilling A Sustainable Culture, Sully Taylor, James Berg, Colin Gallison, Will Sandman, Benjamin Werner

Business Faculty Publications and Presentations

From a single store to a regional chain, Burgerville has differentiated from other national chains by maintaining a strong relationship with its customers, supply partners, employees and the community. A case study from PSU's School of Business delves deeper into Burgerville's commitment to instilling a sustainability culture by assessing the impact of the company's mission to "Serve with Love." The analysis in this study covers Burgerville’s strategic changes in:

• Product development – BV's commitment in using locally and seasonally sourced ingredients throughout its menu
• Supply chain management – BV's approach to maintaining strong relationships with suppliers, and preferentially purchasing from …

Growth Of Women-Owned Businesses: The Effects Of Intangible Resources And Social Competence, Crystal X. Jiang, Monica A. Zimmerman, Chun (Grace) Guo

WCBT Faculty Publications

Previous research suggests that women entrepreneurs face many challenges in starting and growing a business. In this study, we examine the relationship of intangible resources and the growth of women-owned businesses. We focus on four intangible resources: social-, human-, and reputational capital, as well as social competence. Using case studies of women entrepreneurs, we found that a woman entrepreneur’s social-, human-, and reputational capital are related to the growth of her business. We alsofound that social competence moderates the social-, human-, and reputational capital – growth relationship in women entrepreneurs.

Alternative Models Of Funding Higher Education: Past And Present Trends, Gus Gregorutti

Faculty Publications

The present study is built around the following general research question: why is Adventist higher education in a tight budget? This is approached using a comparative time frame analysis of past and present needs and characteristics affecting funding tertiary education. The main idea throughout this paper is that the different funding systems are setting up models of Adventist higher education that aren’t always the best fit for the institutional ideology and organization. Possible alternatives to shift into a more suitable funding system are provided and discusses as well. 

Employment Growth From Public Support Of Innovation In Small Firms, Albert N. Link, John T. Scott

Upjohn Press

Link and Scott provide a statistical assessment of the employment growth associated with public support of R&D in small, entrepreneurial firms through the Small Business Innovation Research (SBIR) program.

An Exploratory Investigation Into Knowledge Management In Western Australian Knowledge-Intensive Small Businesses, Shukrullah Fassehi

Theses : Honours

From a knowledge management (KM) perspective, organisational effectiveness depends on the organisation’s capacity to effectively perform a range of processes that include identifying, acquiring, sharing, and storing valuable knowledge. The literature suggests that the growth of interest in the field of KM is largely centred on large organisations. Small businesses have not received much attention in the literature. This is surprising, given that small businesses (however defined) represent the majority of businesses in most countries and, as is the case in Australia, make a major contribution towards business activity, economic development and employment generation.

This study employed a qualitative exploratory …

Effects Of Early Round Venture Capital Syndication On Ipo Exits In Europe And The United States, Rosabella M. Magat

CMC Senior Theses

While the importance of venture capital (VC) can be highlighted by policy goals outlined in the 'Lisbon agenda', the European VC industry remains nascent in comparison to the more sophisticated VC market in the US. Researchers have identified key determinants that foster VC success on a broad level, and have often identified syndication as an important factor of success. This paper seeks to understand the role of syndication on the VC-backed company's success. I take a novel departure from past research in this area in three ways 1) I measure performance from the perspective of the portfolio company, rather than …