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Business Administration, Management, and Operations

Entrepreneurship

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Articles 121 - 140 of 140

Full-Text Articles in Entrepreneurial and Small Business Operations

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 …

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University Students' Assessment Of Entrepreneurial Environments, Byungku Lee Jul 2010

University Students' Assessment Of Entrepreneurial Environments, Byungku Lee

College of Business: Dissertations, Theses, and Student Research

Entrepreneurial intention is a primary step to create new venture in the entrepreneurial process. Environmental conditions are one of the main factors that are strengthening or weakening intention of prospective entrepreneur. Therefore, it is important to develop conducive environments for entrepreneurship to promote entrepreneurial intention. Moreover, the promoted entrepreneurial intention will raise the rate of new venture creation.

This paper investigates the relationships between five key environments for entrepreneurship and entrepreneurial intention. The five entrepreneurial environments are: government policies and procedures, socioeconomic conditions, entrepreneurial and business skills, financial assistance, and non-financial assistance, respectively. Conjoint analysis was used to determine the …

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The Influence Of Vietnam’S Administrative Reform On Entrepreneurial Orientation In Micro-Enterprises, Mai T T Thai Jan 2010

The Influence Of Vietnam’S Administrative Reform On Entrepreneurial Orientation In Micro-Enterprises, Mai T T Thai

Mai T T Thai

Basing on the results of a face-to-face survey and secondary data from General Statistics Office of Vietnam, we found that the administration reform of Vietnam has had a positive impact on entrepreneurial orientation (EO) on all of its three dimensions, namely managerial perception, firm behavior, and resource allocation in Vietnamese micro-enterprises. The firms have shown to take higher risks and be more proactive but they have not put an emphasis on innovation yet. In this paper, we present the reform’s milestones and the evolution of EO in Vietnamese microenterprises along these three dimensions.

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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.

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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.

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Book Review 11 Driven By Wellth: The 7 Essentials For Healthy, Sustainable Results In 21st Century Business & Leadership By Julie Maloney, William C. Mcpeck May 2008

Book Review 11 Driven By Wellth: The 7 Essentials For Healthy, Sustainable Results In 21st Century Business & Leadership By Julie Maloney, William C. Mcpeck

William C. McPeck

This is my personal review of Driven by Wellth: The 7 Essentials for Healthy, Sustainable Results in 21st Century Business & Leadership by Julie Maloney and published by Wellth Productions in 2004.

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Small Business Success: What Works And What Fails, Scott Decker Apr 2008

Small Business Success: What Works And What Fails, Scott Decker

Undergraduate Theses and Capstone Projects

Small Business Success: What You Need to Know. The owners of eight successful new businesses (successful defined as at least four years old and owner perceived) were interviewed, as well as the former owners of four unsuccessful businesses. The study showed that while planning can help your business, implementation is the fundamental component of small business success. This study was undergone to help create a link between what students learn in businesses classes, which is primary focused on working for a large company, and what people do in the entrepreneurship field.

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Entrepreneurship: Venture Initiation, Management, And Development, George S. Vozikis, Timothy Mescon, Howard Feldman Jan 2008

Entrepreneurship: Venture Initiation, Management, And Development, George S. Vozikis, Timothy Mescon, Howard Feldman

KSU Press Legacy Project

Twenty years ago, Fortune 500 companies in the U.S. hired over seventy percent of college graduates. Today, Fortune 500 companies hire less than seven percent of college graduates and the entrepreneurial enterprises hire over 80 percent. More than forty percent of students start a business within one year of graduation. These businesses employ 55% of the total American work force. When we think of the entrepreneur, we often visualize the small business. While most, if not all, business ideas begin "small," a great deal of focus in placed upon entrepreneurial ideas that have grown into sizable corporations. In examining the …

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Entrepreneurial Spirit In Government Managed Enterprises: Evidence From The U.S. General Aviation Airports, Vitaly S. Guzhva, Massoud Bazargan, David A. Byers Jan 2008

Entrepreneurial Spirit In Government Managed Enterprises: Evidence From The U.S. General Aviation Airports, Vitaly S. Guzhva, Massoud Bazargan, David A. Byers

Management, Marketing and Operations - Daytona Beach

While a number of studies introduce entrepreneurship in the public sector, there is still a need for empirical research in this field. We use a survey of U.S. general aviation airport managers to investigate the benefits of entrepreneurial spirit in public sector management. The results of logistic regressions suggest that the airport managers’ beliefs in importance of self-sustainability significantly improve the likelihood of general aviation airports to be self-sustaining. On the other hand, the airport specific characteristics, such as a favorable location, county population, and others are not statistically significant in achieving self-sustainability. Our findings support the literature that argue …

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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.

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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.

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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.

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Seeking God (In The Details), Joseph E. Levangie Jan 2004

Seeking God (In The Details), Joseph E. Levangie

New England Journal of Entrepreneurship

Entrepreneurs tend to be self-styled “idea” people. They often believe they have the next “Big Concept”—one which could change the world, reaffirm their self-worth, and, of course, make them and their venture team a fortune. In contrast, as they build a company to implement their business dream, entrepreneurs also tend to eschew or trivialize administrative details. Why should they waste their creative juices on minutia? As a result of this insensitivity to detail, these captains of capitalism often trip in their entrepreneurial journey. For example, they might:

• Forget to remit payroll taxes on schedule.

• Fail to document the …

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Someone Old Or Someone New? The Effects Of Ceo Change On Corporate Entrepreneurship, J. L. "Bert" Morrow Jr. Jan 2002

Someone Old Or Someone New? The Effects Of Ceo Change On Corporate Entrepreneurship, J. L. "Bert" Morrow Jr.

New England Journal of Entrepreneurship

Boards of directors often attempt to foster corporate entrepreneurship by replacing a firm’s chief executive officer (CEO). Compelling theoretical arguments and anecdotal evidence suggest that when firm performance has suffered, a new CEO is best suited to lead the firm’s creative endeavors. On the other hand, among firms that retain their existing CEO after a decline in performance, manipulating the CEO’s compensation package is a common governance practice used by boards to encourage innovation. In these cases, some have argued that increasing the CEO’s pay will encourage corporate entrepreneurship, because the CEO has been compensated for assuming additional risk. Counter …

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Trends In The Market For Entrepreneurship Faculty, 1989-1998, Todd A. Finkle, David L. Deeds Oct 2001

Trends In The Market For Entrepreneurship Faculty, 1989-1998, Todd A. Finkle, David L. Deeds

Todd A Finkle

The last decade has seen a dramatic rise in the number and status of entrepreneurship programs in schools of business and management. The popularity of entrepreneurship courses has increased dramatically among both graduate and undergraduate students. Alumni and external constituencies of schools of business have generally been supportive of the development of entrepreneurship programs, and in fact in many instances it has been the demands of these constituencies that have led to the creation or expansion of entrepreneurship programs within these schools. The growth in entrepreneurship programs has been fostered by an increase in the popularity of entrepreneurship, an increase …

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Impact Of E-Commerce On Entrepreneurs And Small Businesses: Opportunities, Challenges, And Strategies, Todd A. Finkle Dec 1999

Impact Of E-Commerce On Entrepreneurs And Small Businesses: Opportunities, Challenges, And Strategies, Todd A. Finkle

Todd A Finkle

Small businesses and entrepreneurs are rushing to the Internet to do business and reach new markets. While e-commerce is used for advertising, business-to-consumer and business-to-business transactions, small businesses and entrepreneurs encounter several challenges. This paper examines both the opportunities and challenges that are posed by the use of e-commerce and makes recommendations to small businesses and entrepreneurs so they can overcome the challenges and exploit the opportunities presented by e-commerce.

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Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig Jan 1998

Franchising And Entrepreneurship: High Reward Or High Risk?, Gad J. Selig

New England Journal of Entrepreneurship

According to the Department of Commerce, start-up, small, and family businesses are among the fastest growing areas of employment. Even under the best economic environment, starting a business is risky. To reduce the risks and to establish their own businesses, an increasing number of entrepreneurs and corporate converts are buying franchises.

Franchising has enjoyed a major increase in popularity during the early 1990s, fueled largely by the growing pool of available candidates made possible by significant corporate and government downsizing. According to the Department of Commerce, franchising accounts for nearly one-third of all U.S. retail sales and employs over 7 …

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The Performance Of Initial Public Offerings In The Biotechnology Industry, Todd A. Finkle, Dan French Dec 1997

The Performance Of Initial Public Offerings In The Biotechnology Industry, Todd A. Finkle, Dan French

Todd A Finkle

This study examines the underpricing and aftermarket performance of the emerging industry of biotechnology. Findings indicate that the average first day return for the biotech firms was 1.8 and 1.6 percent. Furthermore, the biotech firms significantly underperformed the NASDAQ (-30.7%) and NYSE (-16.5%) over a two-year period after going public.

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An Examination Of Initial Public Offerings In The “High Flying” Internet Industry, Todd A. Finkle, Dan French Dec 1997

An Examination Of Initial Public Offerings In The “High Flying” Internet Industry, Todd A. Finkle, Dan French

Todd A Finkle

This study examines the underpricing and aftermarket performance of the emerging industry of biotechnology. Findings indicate that the average first day return for the biotech firms was 1.8 and 1.6 percent. Furthermore, the biotech firms significantly underperformed the NASDAQ (-30.7%) and NYSE (-16.5%) over a two-year period after going public.

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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.

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