An Examination Of The Financial Challenges Of Entrepreneurship Centers Throughout The World, Todd A. Finkle, Teresa Menzies, Donald F. Kuratko, Michael G. Goldsby
Dec 2012
An Examination Of The Financial Challenges Of Entrepreneurship Centers Throughout The World, Todd A. Finkle, Teresa Menzies, Donald F. Kuratko, Michael G. Goldsby
Todd A Finkle
This article fills a need in the entrepreneurship literature by investigating the finances of entrepreneurship centers throughout the world. Entrepreneurship center directors were surveyed (249 U.S. and 111 Global) about the various facets of their center’s finances. We received 174 responses for a 49% response rate (U.S. 49%, international 49%). We explore the financing of entrepreneurship centers and the relationship between U.S. and international centers. The results of this research project can be used as a benchmark for entrepreneurship center directors in understanding the financial challenges confronting their centers.
Entrepreneurial Human Resource Strategy, Christopher J. Collins, Matthew Allen, Scott Snell
May 2012
Entrepreneurial Human Resource Strategy, Christopher J. Collins, Matthew Allen, Scott Snell
Christopher J Collins
[Excerpt] Entrepreneurship is the process by which "opportunities to create future goods and services are discovered, evaluated, and exploited" (Shane and Venkataraman, 2000: 218). In other words, it is the process by which organizations and individuals convert new knowledge into new opportunities in the form of new products and services. Strategic human resource management (SHRM) has been defined as the system of organizational practices and policies used to manage employees in a manner that leads to higher organizational performance (Wright and McMahan, 1992). Further, one perspective suggests that sets of HR practices do not themselves create competitive advantage; instead, they …
Trends In The Market For Entrepreneurship Faculty From 1989 To 2010, Todd A. Finkle
Dec 2011
Trends In The Market For Entrepreneurship Faculty From 1989 To 2010, Todd A. Finkle
Todd A Finkle
The purpose of this article is to educate schools and candidates about opportunities available for employment within the field of entrepreneurship in higher education. Data is provided from June, 1989 through June, 2010 on advertised candidates and positions throughout the world. The article examines the trends over the past 21 years with a primary focus on how the current economic crisis is affecting the job environment. The findings of this study show that the field has matured in regards to tenure track and non tenure track positions. Implications and recommended strategies are discussed for both candidates and school administrators.
Financing Activities Of Entrepreneurship Centers In The United States, Todd A. Finkle, Teresa Menzies, Donald F. Kuratko, Michael G. Goldsby
Dec 2011
Financing Activities Of Entrepreneurship Centers In The United States, Todd A. Finkle, Teresa Menzies, Donald F. Kuratko, Michael G. Goldsby
Todd A Finkle
This article examines the financial activities within a sample of entrepreneurship centers in the United States. 249 entrepreneurship centers were surveyed about their center's endowments, budgets, salaries, fundraising, seminars/workshops and other financial activities. We received 122 responses for a 49% response rate. The findings of this research can be used as a benchmark for both U.S. schools and center directors in deter,mining benchmarks for their respective centers.
Prior Knowledge And New Product And Service Introductions By Entrepreneurial Firms: The Mediating Role Of Technological Innovation., Patrick Murphy, Jintong Tang
Dec 2010
Prior Knowledge And New Product And Service Introductions By Entrepreneurial Firms: The Mediating Role Of Technological Innovation., Patrick Murphy, Jintong Tang
Patrick J. Murphy
Most research on new product and service development by entrepreneurial firms takes an individual-level, pre-launch perspective or firm-level post-launch perspective. Our study examines two components of the new product and service introduction process: how entrepreneurs’ prior knowledge underpins (1) firm technological innovation prior to the introduction of new products and services (pre-launch) and (2) post-launch viability of those new products and services. Our findings, based on a series of analyses of data from 158 entrepreneurial firms, show that formal technological innovation fully mediates the relation between prior knowledge and the introduction of viable new products and services.
Richard Branson And Virgin, Inc., Todd A. Finkle
Dec 2010
Richard Branson And Virgin, Inc., Todd A. Finkle
Todd A Finkle
Richard Branson built a billion dollar company based on numerous entrepreneurial endeavors, however he was facing one of the most difficult times in his career. The global economic crisis had a significant negative impact on his companies’ revenues and earnings. Virgin, Inc. was down 40%. The world was stuck in the worst economic crisis since the 1930’s. The Dow Jones Industrial Average (DJIA) had collapsed 55% from 2007 to 2009 and the banking system was on the verge of collapse. Yet, Branson was optimistic because he was thinking about what opportunities lay ahead. He had five billion dollars in cash …
Entrepreneurship Education Trends, Todd A. Finkle
Dec 2009
Entrepreneurship Education Trends, Todd A. Finkle
Todd A Finkle
This study discusses recent trends in the field of entrepreneurship at schools of higher education throughout the world. Entrepreneurship continues to be one of the fastest growing areas in higher education. The findings of this study indicate that there were 366 job openings at schools and 231 candidates seeking positions in entrepreneurship during 2007/08. The findings also show that the number of international positions has virtually doubled since last year to 76, while the number of international candidates was 62. The article also looks at other trends and makes recommendations to candidates and schools in regards to the job market.
Constructing An Innovative Model Of Entrepreneurship Education Through Regional Collaboration, Todd A. Finkle, Jack Soper, Dan Fox, Jack Reece, Julie Messing
Dec 2008
Constructing An Innovative Model Of Entrepreneurship Education Through Regional Collaboration, Todd A. Finkle, Jack Soper, Dan Fox, Jack Reece, Julie Messing
Todd A Finkle
The purpose of this article is to discuss a new self-funding model of collaborative, regional entrepreneurship education among colleges and universities called the Entrepreneurship Education Consortium (EEC). The article will discuss the following: (1) the development and objectives of a non-profit entity among seven colleges and universities; (2) initiatives to educate students about entrepreneurship; (3) stakeholders involved in the process; (4) funding issues; (5) empirical findings that support the success of the EEC; (6) a discussion on how the model can be replicated; and (7) lessons learned and limitations.
Attacking The Roots: Shiraishi Garments Company And An Evolving Thicket Of Business Ethics In China., Bin Jiang, Patrick J. Murphy
Dec 2007
Attacking The Roots: Shiraishi Garments Company And An Evolving Thicket Of Business Ethics In China., Bin Jiang, Patrick J. Murphy
Patrick J. Murphy
This case examines management underpinnings of conducting socially purposeful business in contexts where the labor conditions and ethics are questionable. Shiraishi Garments Company was a Japanese entrepreneurial venture in the clothing industry that evolved into a highly successful multinational company. After its supply chain had extended into China, some ethical labor issues emerged. The decision point is focused squarely on the company’s CEO, who must deal with conflicting forces stemming from his personal values and professional responsibilities. In exploring the issues, the case illustrates business risks of superficial standards auditing of international operations. The case also describes how multinational firms …
Southeast Asian Culture, Human Development, And Business, Patrick Murphy, H. Lavan
Dec 2006
Southeast Asian Culture, Human Development, And Business, Patrick Murphy, H. Lavan
Patrick J. Murphy
Competition and entrepreneurship are driving forces in the development of economic systems. They create jobs, new opportunities to generate value, and lead to the fulfillment of personal career and life goals. As such, it is important to understand the basic economic and cultural factors that influence these activities in developing economies. We undertook a series of analyses in an examination of a heterogeneous sample of economic zones in Southeast Asia. Results illustrate relations between national culture, human development, and business and growth competitiveness. Implications hold that human development and power distance are enablers of entrepreneurial activities in these cultural and …
Perceptions Of Tenure Requirements & Research Records Of Entrepreneurship Faculty Earning Tenure: 1964-2002, Todd A. Finkle, Phil E. Stetz, Michael Mallin
Dec 2006
Perceptions Of Tenure Requirements & Research Records Of Entrepreneurship Faculty Earning Tenure: 1964-2002, Todd A. Finkle, Phil E. Stetz, Michael Mallin
Todd A Finkle
Despite the desperate financial disposition at universities today, entrepreneurship education continues to play a vital role at universities and colleges throughout the world. Increased competition from companies, international schools, the Internet, and a decrease in the number of foreigners applying to graduate schools has not stopped universities from building their entrepreneurship programs. This article will show that there is still a strong demand for entrepreneurship faculty. Despite a slowdown in the market over the past few years, the current market for entrepreneurship faculty remains optimistic with demand outpacing supply.
Trends In The Market For Entrepreneurship Faculty From 1989-2005, Todd A. Finkle
Dec 2006
Trends In The Market For Entrepreneurship Faculty From 1989-2005, Todd A. Finkle
Todd A Finkle
Despite the desperate financial disposition at universities today, entrepreneurship education continues to play a vital role at universities and colleges throughout the world. Increased competition from companies, international schools, the Internet, and a decrease in the number of foreigners applying to graduate schools has not stopped universities from building their entrepreneurship programs. This article will show that there is still a strong demand for entrepreneurship faculty. Despite a slowdown in the market over the past few years, the current market for entrepreneurship faculty remains optimistic with demand outpacing supply.
An Examination Of Entrepreneurship Centers In The United States: A National Survey, Todd A. Finkle, Donald F. Kuratko, Michael G. Goldsby
Dec 2005
An Examination Of Entrepreneurship Centers In The United States: A National Survey, Todd A. Finkle, Donald F. Kuratko, Michael G. Goldsby
Todd A Finkle
This study fills a gap in previous research by performing an in-depth analysis of 146 entrepreneurship centers in the United States. This two-part study looks at the characteristics of the entire sample of entrepreneurship centers and then examines the differences between top-ranked centers and nonranked centers. The findings indicate that top-ranked centers have three times as many endowed chairs as non- ranked centers. Top-ranked centers also offer more comprehensive graduate pro- grams. Overall, top-ranked centers have more resources and personnel. The findings of this study will assist students, faculty, staff, administrators, directors, and other stakeholders of entrepreneurship centers.
The Relationship Between Boards Of Directors And Initial Public Offerings In The Biotechnology Industry, Todd A. Finkle
Dec 1997
The Relationship Between Boards Of Directors And Initial Public Offerings In The Biotechnology Industry, Todd A. Finkle
Todd A Finkle
Utilizing the entire population of public biotechnology firms from 1980-1994, three models were tested to determine if a relationship exists between the size and composition of the board of directors with performance. Results indicate significant positive relationships between director expertise and the size of a firm’s initial public offering. Going public during hot markets and larger firms were also related to larger initial public offerings. These findings will benefit practitioners in the formation of boards within the biotechnology industry. Managers of firms within the biotechnology industry who are contemplating a public offering will be able to proactively address the composition …
Activity Of Small Businesses In Nebraska, Todd A. Finkle, Raymond Marquardt, Allen Klose
Dec 1992
Activity Of Small Businesses In Nebraska, Todd A. Finkle, Raymond Marquardt, Allen Klose
Todd A Finkle
A comparative study was used to analyze the financing of small businesses, less than 3 years old versus firms 3 years and older in Nebraska. Findings indicate that younger firms will give up partial ownership of their company in exchange for equity financing and managerial assistance significantly more than older firms. New firms were also found to be more willing to give up 100% ownership and a local market in exchange for majority ownership and a national market. Moreover, no differences in startup financing were found between younger versus older firms.
