Business Commons^™

Why Entrepreneurs Establish Firms: Competition, Protection Costs, And The Rise Of The Firm, Rado Kotorov

New England Journal of Entrepreneurship

This article presents an alternative perspective on the nature and function of the firm.

Examining The Role Of Social Network Size And The Structural Holes, Robert P. Singh, Ralph Hybels, Gerald E. Hills

New England Journal of Entrepreneurship

This study examines the importance of social network size and structural holes within the network to the entrepreneurial opportunity recognition process.

Lessons From The Sandbox, Ed Chung

New England Journal of Entrepreneurship

Ed Chung reviews Alan Gregerman's Lessons from the Sandbox

Developmental Financial Institutions As Catalysts Of Entrepreneurship In Emerging Economies, Gerard George, Ganesh N. Prabhu

Research Collection Lee Kong Chian School Of Business

With ongoing privatization efforts in emerging economies, governments have supported developmental financial institutions (DFIs) to spur entrepreneurial activity. The authors use stakeholder theory to suggest that postprivatization stakeholders differ in their preference to seek DFI support. The authors then posit that national developmental priorities influence the DFI's willingness to be involved in the governance of the privatized firm, and they discuss implications of DFI involvement for value creation and entrepreneurship in emerging economies.

Entrepreneurial Strategies And Policies: The Innovator’S Choice: By Mathew J Manimala, New Delhi: Sage Publications, 1999, Rajnish Karki

IIMB Management Review

The book is an original and comprehensive work of research on entrepreneurship. It is an important contribution on the subject, and the work is certainly among the most rigorous management research done in India. The research departs from conventional research on entrepreneurship in two significant ways one, it focuses on the question of ‘what entrepreneurs do’ rather than on ‘what entrepreneurs are’ two, it empirically tests an existing typology of entrepreneurs. The case survey methodology, though not very common in management research, brings quantitative rigour to a work based on qualitative data.

Mentoring And Self-Management Career Strategies For Entrepreneurs, Ellen A. Ensher, Susan E. Murphy, Charles M. Vance

Management Faculty Works

The purpose of this article is to examine the literature on self management and mentoring to develop practical methods of enhancing the career success of entrepreneurs. The authors believe that both behavioural and cognitive self-management strategies can be useful to entrepreneurs. These techniques include goal-setting, self-observation, self-rewards, cueing, self-talk, visualization and the active reframing of obstacles into opportunities. In addition, the varying roles and functions of mentors, including emotional, vocational and role modelling support, will have many positive benefits for both entrepreneurial proteges and mentors. Recommendations for furture research and an entrepreneurial model of career development are provided.

Achieving Growth Through Corporate Partnerships And Joint Ventures: Will Singapore's Strategic Leap Into The Region Work?, Ravinder K. Zutshi, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

One of the characteristic features of the East Asian economic development strategy has been the interventionist role of the government in the economic sphere (Amsden 1989; Kwon 1994; Wade 1990; Zutshi and Gibbons 1998). Governments in East Asia have traditionally, worked closely with the private sector. As a result unique business systems embedded in networks and alliances have evolved in countries like Taiwan, Japan, Korea and Singapore (Hamilton and Biggard 1988). Singapore has attempted to extend this model of strategic cooperation beyond its borders into the region. Schein (1996) identifies a number of major development eras in the evolution of …

Transforming The Entrepreneurial Landscape: Emergent Innovative Behaviors In Internet Firms, Jill Kickul, Lisa Gundry

New England Journal of Entrepreneurship

Implications for opportunity identification, alliance formation, and strategic orientation of Internet entrepreneurs are presented as preliminary steps toward a new "netpreneurship" model of business formation.

Good Stuff Cheap, Jerry Ellis

New England Journal of Entrepreneurship

Gina Vega interviews Jerry Ellis, Founder and CEO, Building #19

New Product Development, Steve Kaye

New England Journal of Entrepreneurship

NEJE Editors interview Steve Kaye, CEO of Steve Kaye New Products, Inc.

Financial Information Resources For Special Librarians, Di Su

Publications and Research

Speed has always been a competitive factor and corporate asset in business world. The growth of the Internet has created an equal opportunity for information service professionals in both big and small companies to improve their efficiency. The prominent advantages of Web source are currency, accessibility, and thus, the speed. You are provided with instant updates on issues like rules, official statements, interpretations, statistics, etc., and these documents can be accessed twenty-four hours a day, seven days a week. There are so many valuable Web sites on the Internet that it is impossible to include them all in this article, …

New And Small E-Commerce Ventures: The Importance Of Legitimacy And Trust, Gregory Murphy, Dennis Smart

New England Journal of Entrepreneurship

This article reviews literatures on legitimacy, trust, and e-commerce and integrates them to propose a model of strategies designed to enhance the perceived legitimacy and trustworthiness of ventures.

The Digital Economy: A Golden Opportunity For Entrepreneurs?, Maheshkumar Joshi, Ira Yermish

New England Journal of Entrepreneurship

Does the network economy strengthen brands, suppliers alliances, customer relationships, and the value of information-or does it obliterate them?

A Strategic Model Of The Franchise Form Of Business Organization, James Bronson, James Faircloth

New England Journal of Entrepreneurship

In this article, a franchise model is proposed which integrates aspects of external growth with internally generated growth outcomes of lowered costs and differentiation.

Bed And Breakfast Homes: A Life Of Leisure Or A Stressful Encounter, Angela Miles, Darla Domke-Damonte

New England Journal of Entrepreneurship

This qualitative study examines stressors and coping mechanisms in bed and breakfast (B&B) homes.

Ebrands: Building An Internet Business At Breakneck Speed, John Callister

New England Journal of Entrepreneurship

John Callister reviews Phil Carpenter's eBrands: Building an Internet Business at Breakneck Speed

The Imperative For Energizing The Industrial Transformation In Nigeria., D. Olu Ajakaiye, A. Sesan Ayodele

Bullion

The paper examined the imperative for energizing the industrial transformation. Given the foreign uncompetitive and high cost economic environment, the imperative for energizing the industrial transformation in Nigeria, is to create a conducive environment under which there would be free inflow of foreign investible funds. This may not be possible unless the current industrial environment changes to one whose enabling environment encourages industrial policy instruments that make Nigeria a least cost industrial producer. This suggests something drastic must be done policy-wise to modify the existing high bank-lending rate to make it supportive to the industrialization process. Besides, the depreciation of …

Making Growth Happen: Learning From First Generation Entrepreneurs; By S J Phansalkar, New Delhiu: Response Books (Sage), 1998, D Sampath

IIMB Management Review

No abstract provided.

Business Librarians' Interest Group Spring 2000 Program, Andrée J. Rathemacher

Technical Services Faculty Publications

Short newsletter article advertising the spring 2000 program of the Business Librarians' Interest Group of ACRL/New England Chapter, "Starting a Business Information Needs and Sources."

The Quarterly Speaker - Winter 2000, Nova Southeastern University

The Quarterly Speaker

No abstract provided.

Are The Common Myths Of Entrepreneurship All That Common? A Test Of Entrepreneurs And Non-Entrepreneurs, Kevin W. Sightler

Faculty Articles

It has been suggested that there is general misunderstanding in the business and academic communities as to the definition, form, and substance of entrepreneurship. Common myths of entrepreneurship have been advanced such as "Entrepreneurship involves starting and running a small business" and "Entrepreneurship requires a lot of money." A sample of 163 subjects revealed overall disagreement with the stated myths. Evidence supported a hypothesized divergence of opinion about entrepreneurship myths between entrepreneurs and non-entrepreneurs, but there was no difference of opinion between less successful and more successful entrepreneurs. Implications of the findings are discussed.

Business Ownership Patterns Among Black, Latina, And Asian Women In Massachusetts, Russell E. Williams

Trotter Review

Using data from the most recently released Survey of Minority Businesses, this article explores the significance of businesses owned by minority women in Massachusetts. I describe the number of such businesses, the rates at which the number of such businesses are expanding, and the average sales and receipts of women-owned businesses — and I compare these statistics for White, Black, Latino and Asian businesses.

The Meaning Of Black Entrepreneurship In Constructing Community, Stacey Sutton

Trotter Review

The small business sector in the United States has traditionally been viewed as a strong source of economic growth and prosperity, as entrepreneurship epitomizes the quintessential American fantasy of rugged individualism. Given the myths about larger-than-life entrepreneurial heroes, business development has historically been touted as a viable trajectory toward economic and social mobility for immigrant groups and marginalized people. Stories about "great" American businessmen such as John D. Rockefeller, Bill Gates, Steve Jobs among others, often highlight rags-to-riches myths about innumerable possibilities within American capitalism given diligence, fierce competition, and an uncompromising work ethic. The work values of small business …

E-Commerce As A Competitive Advantage For Small Businesses: Overcoming Privacy And Security Issues, Ron Lennon, Julisse Oquist

Mountain Plains Journal of Business and Technology

The Internet and the World Wide Web (WWW) trend have captivated people in every corner of the world. The presence of both individuals and businesses on the Internet grows every day. For example, in 1998 businesses' presence on the Internet grew so much that many described 1998 as the ".com" year. But why is it that the Internet is so attractive to all of us? The reason lies in the ease of use of the Internet, the speed of obtaining results, the amount of information available, and the global reach that the Internet has. For all these reasons, the Internet …

The Development Of The Business Plan For The Real Estate Appraisal Group, Michele L. Suwe

Theses

This thesis will focus on the study of developing a business plan for a small home-based real estate appraisal company.

Studies indicate that a large percentage of business ventures fail due to a lack of planning . Many entrepreneurs believe that developing a business plan is not necessary if they do not require financing or have adequate personal expertise to operate a business . Although common to large business ventures , a business plan for the start- up and operations of a small business have been widely overlooked.

In today' s market, entrepreneurs are beginning to take business plans more …

Microdata Panel Data And Public Policy: National And Cross-National Perspectives, Robert Carroll, Douglas Holtz-Eakin, Harvey S. Rosen, Mark Rider

Center for Policy Research

This paper investigates the effect of entrepreneurs' personal income tax situations on the growth rate of their enterprises. We analyze the personal income tax returns of a large number of sole proprietors before and after the Tax Reform Act of 1986 and determine how the substantial reductions in marginal tax rates associated with that law affected the growth of their firms as measured by gross receipts. We find that individual income taxes exert a statistically and quantitatively significant influence on firm growth rates. Raising the sole proprietor's tax price (one minus the marginal tax rate) by 10 percent increases receipts …

The Influence Of Cognitive Make-Up On New Venture Success, Matthew H. Roy, B. Elango

WCBT Faculty Publications

One of the major challenges in the development of a new venture is the need for different thinking styles over time. The growing body of research on entrepreneurship has largely ignored the influence of cognition during the evolution of the new venture. In this paper, we develop a conceptual model which shows how cognitive make-up may influence the success of the new venture growth process. This line of inquiry may prove fruitful in explaining why many creative ideas and once successful ventures fail to succeed. Also, matching task demands and thinking styles should increase entrepreneurial satisfaction and the chances of …

Business Plan Formulation : Managerial Issues In Strategic Business Planning, Muhammad Solleh Ramli

Student Works (2000-2009)

Malaysia's current economic situation has led to major corporate restructuring and organizational consolidations for many major companies as well as small and medium sized industries. These firms have to grow to take advantage of new market opportunities while at the same fine-tune their management strategies and practices. One of the management strategies available for steering these firms is formal business planning. The importance of planning to performance is a central feature in the entrepreneurship and strategic management literature. The business plan is regarded an essential element of a successful start-up process. Business plan is an on-going planning effort that is …

Entrepreneurial Infrastructure In Singapore: Developing A Model And Mapping Participation, Teck Meng Tan, Wee Liang Tan, John E. Young

Research Collection Lee Kong Chian School Of Business

Entrepreneurial infrastructure, as the term is used in this article, represents the facilities and services present within a given geographic area which encourage the birth of new ventures and the growth and development of small- and medium- sized enterprises. The model of entrepreneurial infrastructure developed here and applied to the nation of Singapore suggests that they provide support to poten tial new business owners, owners of small growing businesses, and existing small- and medium-sized enterprises by way of assisting them with tasks, physical and monetary resources, information and knowledge. This article also develops a map ping function to predict the …

The Marketing Orientation Of Small And Medium Enterprises: An Australian Study, Venkateswara S. Venkatesan

Theses: Doctorates and Masters

The market orientation construct has emerged as a key marketing theme in the 1990's. While the concept of being focussed on the market (customers and competitors) has been known since the early 1950's (e.g. Drucker,1954), putting the concept into practice through a set of specific actions has eluded many organisations and academics. As a result, market orientation (also termed market focus, customer focus and competitor focus) had remained a business philosophy (Bennett & Cooper, 1979: Felton, 1959; Konopa & Calabro,1971) more than a strategic approach. While there have been sporadic attempts at defining or operationalisinga marketing or customer orientation in …