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Full-Text Articles in Business

Collective Action And Market Formation: An Integrative Framework, Brandon Lee, Jeroen Struben, Christopher B. Bingham Dec 2017

Collective Action And Market Formation: An Integrative Framework, Brandon Lee, Jeroen Struben, Christopher B. Bingham

Brandon Lee


While extant research places collective action at the heart of market formation, it provides little understanding about when and to what extent collective action is important. In this paper, we develop a novel theoretical framework detailing what collective action problems and solutions arise in market formation and under what conditions. Our framework centers on the development of market infrastructure with three key factors that influence the nature and extent of collective action problems: perceived returns to contributions, excludability, and contribution substitutability. We apply our framework to diverse market formation contexts and derive a fresh set of attendant propositions. Finally, we …


Entrepreneurship: Theory And Application In A University Arts Management Setting, Paul Linden Aug 2016

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

Paul Linden

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 …


The Quality Of Jobs Created By Entrepreneurs, Adam Seth Litwin, Philip Phan Jan 2016

The Quality Of Jobs Created By Entrepreneurs, Adam Seth Litwin, Philip Phan

Adam Seth Litwin

Few dare to challenge the conventional wisdom that small business is the engine of job creation. Indeed, in the United States, the image of the small business owner left largely unfettered to create novel products and services sits on the same cultural plane as baseball and apple pie, and one would be hard-pressed to find a policymaker who would openly question the wisdom that most new jobs arise either directly or indirectly from these small businesses. This near religious belief in the small business owner as job creator yields a steady stream of policies offering tax relief to small businesses, …


Social Entrepreneurship And Social Work: The Need For A Transdisciplinary Educational Model, Monica Nandan, Patricia Scott Feb 2015

Social Entrepreneurship And Social Work: The Need For A Transdisciplinary Educational Model, Monica Nandan, Patricia Scott

Monica Nandan

Increasingly, human service agencies are facing revenue shortfalls, which are endangering important social programs. Unless human service leaders find sustainable revenue sources to support programmatic efforts, their programs will remain financially unstable. Social entrepreneurship (SE), which balances organizational economic and social goals, offers one possible solution. Unfortunately, very few human service administration programs offer SE training, and those that do utilize a mono-disciplinary education model. In truth, effective SE requires skills/knowledge that traverse various academic disciplines and community groups. The authors recommend that human service administration programs collaborate and offer transdisciplinary, problem-based SE programs to prepare human service administrators.


Creative Achievement And Intelligence In Student Entrepreneurs, Todd A. Finkle, Mark Shrader Dec 2014

Creative Achievement And Intelligence In Student Entrepreneurs, Todd A. Finkle, Mark Shrader

Todd A Finkle

This study fills a gap in the entrepreneurship literature by investigating creative achievement and intelligence within students who have been entrepreneurs. The study looks at differences in the levels of creative achievement and intelligence between students who have been entrepreneurs versus those who have not been entrepreneurs. The study used the Creative Achievement Quotient (CAQ) (Carson, Peterson, & Higgins, 2005) and college entrance exam scores and grades as measures of intelligence. There were several significant findings. First, students who had been entrepreneurs had significantly lower college entrance exam scores. Secondly, students that had been entrepreneurs had significantly higher CAQs. Finally, …


Institutionalizing Ethics In Institutional Voids: Building Positive Ethical Strength To Serve Women Microfinance Borrowers In Negative Contexts, Subrata Chakrabarty, A E. Bass Dec 2013

Institutionalizing Ethics In Institutional Voids: Building Positive Ethical Strength To Serve Women Microfinance Borrowers In Negative Contexts, Subrata Chakrabarty, A E. Bass

Subrata Chakrabarty

This study examines whether microfinance institutions (MFIs) that serve women borrowers at the base of the economic pyramid are likely to adopt a written code of positive organizational ethics (POE). Using econometric analysis of operational and economic data of a sample of MFIs from across the world, we find that two contextual factors —poverty level and lack of women's empowerment— moderate the influence of an MFI's percentage of women borrowers on the probability of the MFI having a POE code. MFIs that serve more women borrowers are more likely to adopt a POE code, especially in negative contexts (where women …


Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A E. Bass Dec 2012

Encouraging Entrepreneurship: Microfinance, Knowledge Support, And The Costs Of Operating In Institutional Voids, Subrata Chakrabarty, A E. Bass

Subrata Chakrabarty

This study focuses on the supplemented strategies of microfinance institutions (MFIs), in which the MFI offers nonfinancial services, such as entrepreneurship related knowledge, in addition to financial services to impoverished borrowers at the bottom of the pyramid (BoP). We examine two contextual factors— foreign direct investment (FDI) and loan defaults— to better understand the relationship between providing knowledge support to encourage entrepreneurship and costs of operating at the BoP for MFIs. In contexts where FDI is low and loan defaults are high, providing knowledge support to encourage entrepreneurship aggravates the MFI's costs of operating at the BoP. However, in contexts …


Ready, Set...Pitch: Marketing Yourself Like An Entrepreneur, Connie I. Reimers-Hild Nov 2012

Ready, Set...Pitch: Marketing Yourself Like An Entrepreneur, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Great elevator pitches are created to sell your idea, business, product or service in 30 seconds or less (the time it takes to go from the first floor to the top of the building in an elevator). It’s important to develop and practice an effective pitch so you are ready to use it under fire. When you step onto an elevator with Warren Buffett or Bill Gates, you want to be prepared! This worksheet will help you create an amazing pitch!!


The Freedom To Create Your Destiny, Connie I. Reimers-Hild Nov 2012

The Freedom To Create Your Destiny, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

We have a unique gift in the United States, and that gift is freedom. The Declaration of Independence guarantees all of us “certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.”

This means we are free to pursue our lives and our vocations in any way that makes sense to us. Freedom is what makes America so great. What we do with our freedom is up to us. It is our choice. Freedom is our grandest opportunity and should be protected, especially in challenging times.

This radio update presents discusses the importance of freedom.


Ready, Set...Pitch: Marketing Yourself Like An Entrepreneur (Powerpoint Pdf), Connie I. Reimers-Hild Nov 2012

Ready, Set...Pitch: Marketing Yourself Like An Entrepreneur (Powerpoint Pdf), Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

Great elevator pitches are created to sell your idea, business, product or service in 30 seconds or less (the time it takes to go from the first floor to the top of the building in an elevator). It’s important to develop and practice an effective pitch so you are ready to use it under fire. When you step onto an elevator with Warren Buffett or Bill Gates, you want to be prepared! This worksheet will help you create an amazing pitch!!


Economic Outlook 2010: Innovation, Connie I. Reimers-Hild Nov 2012

Economic Outlook 2010: Innovation, Connie I. Reimers-Hild

Connie I Reimers-Hild, PhD, CPC

This article discusses the importance of innovation to individuals and the overall economy.


Enabling Enterprise: Tackling The Barriers To Formalisation, Colin C. Williams Dec 2011

Enabling Enterprise: Tackling The Barriers To Formalisation, Colin C. Williams

Colin C Williams

No abstract provided.


Business Librarianship And Entrepreneurship Outreach, Karen Macdonald, Hal Kirkwood Dec 2010

Business Librarianship And Entrepreneurship Outreach, Karen Macdonald, Hal Kirkwood

Hal P Kirkwood Jr

No abstract provided.


Evaluating The Nature Of The Relationship Between Informal Entrepreneurship And The Formal Economy In Rural Communities, Colin C. Williams Dec 2010

Evaluating The Nature Of The Relationship Between Informal Entrepreneurship And The Formal Economy In Rural Communities, Colin C. Williams

Colin C Williams

This paper evaluates critically the different theorizations of the nature of the relationship between informal entrepreneurship and the formal economy, which variously depict informal entrepreneurship as a leftover from a previous era, a survival practice for those excluded from the formal economy, and a complement or an alternative to participation in the formal economy. Reporting evidence from 350 face-to-face interviews in English rural communities, no single theorization is found to be universally applicable. Instead, all are shown to be valid in relation to different forms of informal entrepreneurship, and only by combining them is it feasible to achieve a finer-grained, …


Women Entrepreneurs In The Indian Informal Sector, Colin C. Williams Dec 2010

Women Entrepreneurs In The Indian Informal Sector, Colin C. Williams

Colin C Williams

Purpose – Studies on women entrepreneurs either view women through a structuralist lens, as marginalised populations engaged in low-quality work, or through a neo-liberal lens, as engaged in relatively higher quality endeavour more as a rational choice. The aim of this paper is to evaluate critically these explanations in relation to women entrepreneurs in the informal sector in India. Design/methodology/approach – To evaluate the contrasting explanations of structuralist and new liberal approaches, questionnaire surveys were conducted in two phases, namely 2007 and 2010, over a period of several months. The sample design was stratified random and the sample was taken …


Spatial Variations In The Character Of Off-The-Books Entrepreneurship: Lessons From A Study Of Contrasting Districts In Moscow, Colin C. Williams Dec 2009

Spatial Variations In The Character Of Off-The-Books Entrepreneurship: Lessons From A Study Of Contrasting Districts In Moscow, Colin C. Williams

Colin C Williams

Although there is growing recognition that many entrepreneurs start-up trading partially or wholly off-the-books, few have evaluated whether the character of this hidden enterprise culture varies spatially. To begin to do so, this paper evaluates whether and how the nature of off-the-books entrepreneurship differs across an affluent, mixed and deprived district of Moscow. Drawing upon 313 face-to-face interviews, the finding is that wholly legitimate enterprises represent just the tip of the iceberg in Moscow. Beneath the surface in all the districts is a large hidden enterprise culture. However, off-the-books entrepreneurship in the affluent district is comprised more of registered businesses …


Entrepreneurship And The Informal Economy: An Overview, Colin C. Williams Dec 2009

Entrepreneurship And The Informal Economy: An Overview, Colin C. Williams

Colin C Williams

In recent decades, the field of entrepreneurship studies has become increasingly interested in the relationship between entrepreneurship and the informal economy. This paper reviews this burgeoning sub-field of entrepreneurship studies that recognizes how entrepreneurs do not always conduct their business affairs wholly by the rulebook. Evaluating this rapidly growing body of literature, it reviews the findings regarding the preponderance of entrepreneurs to engage in the informal economy, the nature of such informal entrepreneurship, the characteristics of informal entrepreneurs and the motives underpinning participation in such endeavor, along with the competing theories that have sought to explain engagement in this type …


Explaining The Off-The-Books Enterprise Culture Of Ukraine: Reluctant Or Willing Entrepreneurship?, Colin C. Williams Dec 2009

Explaining The Off-The-Books Enterprise Culture Of Ukraine: Reluctant Or Willing Entrepreneurship?, Colin C. Williams

Colin C Williams

In recent years, there has been a growing realisation that beyond the realm of legitimate entrepreneurship is a large hidden enterprise culture composed of entrepreneurs conducting some or all of their trade off-the-books. Until now, however, few have evaluated how many entrepreneurs start-up their ventures trading off-the-books and why they do so. Reporting face-to-face interviews conducted in Ukraine during 2005-06 with 331 entrepreneurs, the finding is not only that the vast majority (90%) operate partially or wholly off-the-books but also that they are not all driven by necessity and as a last resort and survival strategy into entrepreneurship. Revealing how …


Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin Dec 2001

Entrepreneurship And The Defense Of Capitalism: An Examination Of The Work Of Israel Kirzner, Peter Lewin

Peter Lewin

Israel Kirzner has spent a career in articulating and refining concept of entrepreneurship; His work is indispensable for anyone seeking an understanding of the role of the entrepreneur in the economy. This paper provides a critical appreciation of this work, and considers how Kirzner’s insights might feature in a defense of Capitalism in the post- Socialist world.


Assessing Entrepreneurship: Business Development Concerns And Perceptions Of Risk Inentrepreneurs In The U.S. And Italy, R. Tindale Dec 1994

Assessing Entrepreneurship: Business Development Concerns And Perceptions Of Risk Inentrepreneurs In The U.S. And Italy, R. Tindale

R. Scott Tindale

.