Entrepreneurial and Small Business Operations Commons^™

Collaboration Among Smes As A Mechanism For Innovation: An Empirical Study, Mario J. B. Franco

New England Journal of Entrepreneurship

The interest for collaboration among small and mediumsized enterprises and innovation has been highlighted, in recent times, due to the acceleration of technological changes and to increasing international competitiveness. Many small firms, with rigid structures and weak entrepreneurial dynamics, experienced difficulties in becoming innovators. Some of these firms can adopt collaborative agreements because these relationships enable them to get the necessary innovative activities, know-how, and exploit opportunities, which they cannot achieve alone. This study examines the motives for the formation of collaborative agreements in industrial Portuguese SMEs and presents some empirical evidence concerning collaboration as an important vehicle for the …

The Value And Impact Of Seminary Training, R. Stephen Shuart, Joshua Shuart

New England Journal of Entrepreneurship

Interview by Joshua Shuart of R. Stephen Shuart, of Stephen Shuart Export Co.

The Reverend R. Stephen Shuart is an Episcopal priest by profession. He is rector of two parishes and serves on the Diocesan Financial Committee and as a rural dean. However, he has spent most of his wage-earning life as owner/operator of Stephen Shuart Export Co., an internationally known photographic business, located in Kane, Pennsylvania. Shuart’s unique entrepreneurial endeavor has been the subject of a televised news feature, and the object of camera collectors’ attention since his company’s inception in the early 1970s.

Supplier Selection And Development: The Relationship Between Small Manufacturing Enterprises And Mass Merchandisers, Stephen C. Jones, Tami L. Knotts, Gerald G. Udell

New England Journal of Entrepreneurship

This study examines the results of a program intended to act as a selection tool for mass merchandisers and a development tool for small manufacturers. The evaluation program assessed the management practices and products of potential suppliers. Based on past experience, buyers for mass merchandisers consider small manufacturing enterprises a poor risk as potential suppliers of retail goods. As part of the evaluation process, firms were asked 34 closed-end questions regarding their management practices, and each product was evaluated on 41 specific qualities necessary for the mass merchandising market. Of the 1,690 firms that participated in this project, about 5 …

Marketing Orientation In Smes: Effects Of The Internal Environment, Richard C. Becherer, Diane Halstead, Paula J. Haynes

New England Journal of Entrepreneurship

Marketing orientation refers to a culture in which organizations strive to create superior value for their customers (and superior performance for the business) by focusing on customer needs and long-term profitability. Some studies have found that firms with a high degree of marketing orientation experience improved performance; others have found mixed or nonsignificant results. The marketing orientation of small businesses has not been thoroughly investigated, however. This study of more than 200 small business CEOs examines the marketing orientation levels of small to medium-sized firms (SMEs) as well as the impact of various internal variables (sales/profit performance, company characteristics, and …

From The Editors, Laurence Weinstein, Shawn Blau, Christopher Sheehan, Joshua Shuart

New England Journal of Entrepreneurship

No abstract provided.

International Franchising In Emerging Markets, Nadia Ballard

New England Journal of Entrepreneurship

Book review by Nadia Ballard.

Ilan Alon and Diane H. B. Welsh, editors, International Franchising in Emerging Markets: Central and Eastern Europe and Latin America. Chicago: CCH Inc., 2001.

Ilan Alon and Diane H. B. Welsh, editors, International Franchising in Emerging Markets: China, India and Other Asian Countries. Chicago: CCH Inc., 2001.

Applying Entrepreneurship To Health Care Organizations, Kristina L. Guo

New England Journal of Entrepreneurship

This study examines entrepreneurship and assesses its relevance to health care organizations through a detailed description of the optimal environment, organizational factors, and managerial roles in the entrepreneurship process. The article finds entrepreneurship processes to be especially useful to health care organizations as they struggle to survive in the competitive managed care environment.

Responding To God's Guidance, Craig Hoekenga, Joshua Shuart, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Joshua Shuart and Laurence Weinstein of Craig Hoekenga, CEO of Microboard Processing, Inc.

Craig Hoekenga is CEO of Microboard Processing, Inc. (MPI), a very successful subcontract electronics manufacturing company located in Seymour, Connecticut. There are many reasons why Hoekenga would stand out in any gathering of CEOs, but one of the most arresting reasons would be that Hoekenga credits his success to God and considers MPI a “Christian business.” The New England Journal of Entrepreneurhip editors started with a plant tour and then caught up with Hoekenga in his office.

New England Journal Of Entrepreneurship, Spring 2003

New England Journal of Entrepreneurship

No abstract provided.

Collective Entrepreneurship In Family Firms: The Influence Of Leader Attitudes And Behaviors, Jun Yan, Ritch L. Sorenson

New England Journal of Entrepreneurship

Collective entrepreneurship is the synergism that emerges from a collective and that propels it beyond the current state by seizing opportunities without regard to resources under its control (Stevenson and Jarrillo 1990). This study provides a conceptual model of collective entrepreneurship and its relationship with leadership and team dynamics in the context of a small family business. It proposes two types of prerequisites for collective entrepreneurship: attitudinal and behavioral. The attitudinal prerequisite is family business members’ commitment to the family business. The behavioral prerequisite includes collaboration and task conflict among family business members. Further, the article argues that leadership behaviors …

New England Journal Of Entrepreneurship, Fall 2003

New England Journal of Entrepreneurship

No abstract provided.

From The Editors, Laurence Weinstein, Joshua Shuart, Christopher Sheehan

New England Journal of Entrepreneurship

No abstract provided.

From Corporate To Entrepreneurial Life: Risks And Challenges Along The Way, Gene O'Neill, Liz Ellington, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of Gene O'Neill and Liz Ellington, owners of TeWhau Lodge in New Zealand.

Documentaries: Both Informing And Entertaining New Zealanders, William De Friez, Veronica Mccarthy, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of William De Friez and Veronica McCarthy, owners of Raconteur Productions in New Zealand.

William (“Bill”) De Friez and Veronica (“Ronni”) McCarthy own and operate Raconteur Film and Television Productions located in downtown Christchurch. Bill serves as part-time director; his full-time position is faculty lecturer in the Film Department of the University of Canterbury. Ronni is the full-time producer for their small business operation that completes an average of three documentaries per year as well as a network children’s series and other special projects. She won the prestigious Winston Churchill Fellowship in 1995 to study children’s …

The Bay House Café: Against All Odds, Dudley-Anne Thomson, Brian Finlayson, Michael Varekamp, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of Dudley-Anne Thomson, Brian Finlayson, and Michael Varekamp.

Dudley-Anne Thomson is the current manager of the Bay House Café, located10 kilometers from Westport, South Island, New Zealand. She rents the space from Brian Finlayson and Michael Varekam, who both started the Bay House Café eight years ago and then moved on to open restaurants in Sydney, Australia.

Turning A Hobby Into Millions, Philip King, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of Philip King, bookstore entrepreneur in New Zealand.

Before Philip King sold his five bookstores in Christchurch roughly 10 years ago to Whitcoulls, a large Australian-owned bookstore and office supplies operation, he hardly fancied himself as an entrepreneur. Books were his passion: He loved to read. However, his first job was selling barbeque charcoal to New Zealand’s South Island residents.

Jade Software: Getting Ready To Tackle America, Sir Gilbert Simpson, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of Sir Gilbert Simpson, founder and CEO of Jade Software in New Zealand.

Sir Gil Simpson is one of New Zealand’s pioneers in software development, having started in the field in 1967. He holds steadfast to his dream that one day his approach to software programming will take hold around the world. Simpson has just opened up the company’s first office in the United States; he expects his first significant foray into this country will be a successful one.

The Region And The Smaller Enterprise: A Discussion Of Appropriate Investigative Methodologies, Ian Pownall

New England Journal of Entrepreneurship

Regional policy instruments are typically driven by economic rationales, from either a firm or industrial perspective. Yet too often, these rationales are taken as ex ante to the contexts within which firms and industries compete. Recent regional development research has urged a better link be developed between the individual, the firm, and their context, so as to understand the role of regions in supporting effective competitiveness of organizations. In this article, recent research themes are explored that may shed light on the nature of this relationship and that can be developed into an investigative methodology that could aid policy practitioners …

Propensity To Trust, Purchase Experience, And Trusting Beliefs Of Unfamiliar E-Commerce Ventures, Gregory B. Murphy

New England Journal of Entrepreneurship

Trust has become a major issue among online shoppers. This underresearched subject will predictably determine the success or failure of e-commerce vendors. The lack of face-to-face interaction, the inability to inspect goods and services prior to purchase, and the asynchronous exchange of goods and money all contribute to the perceived risk of purchasing online and the resulting need for trust. Trust is particularly critical for small and new Internet ventures confronted by the liability of newness (Stinchcombe 1965). Lacking, among other things, a name that is readily recognized in the marketplace, entrepreneurial Internet ventures require trust if they are to …

Musings Of A Serial Entrepreneur — Reconciling Theory With Practice, Joseph E. Levangie

New England Journal of Entrepreneurship

To reminisce about my entrepreneurial career with appropriate self-importance, I might note that I have helped create companies and jobs. This contributes in a small way to economic growth. Economic growth is, however, an often illusive concept to characterize. Job growth is an essential component of a dynamic, innovative process. In the late 1970s jobs growth research suggested that the vast majority of new jobs are created by small business formation. Such empirical research is difficult to support with theoretical constructs. Classic macroeconomics analysis discounts size-offirm as irrelevant. Entrepreneurial contribution is therefore difficult to assess.

From Intrapreneurship To Entrepreneurship: Is Technical Expertise Sufficient?— A Case Study, John Woodilla

New England Journal of Entrepreneurship

Following a successful career in industry, Dr. Douglas V. Shick, a newly minted entrepreneur, established NRS Associates, LLC, to perform consulting services based on two highly technical computer-modeling programs. Doug was heavily involved in the development of one program, an innovative computer simulation software for modeling a particular manufacturing process, through intrapreneurial activity during his corporate experience. Doug established his business on September 1, 2001, and on September 10 announced his services by e-mail to everyone he knew. The unforeseen events of the next day, September 11, produced some unexpected aftereffects that Doug had to factor into his developing business.

New England Journal Of Entrepreneurship, Fall 2002

New England Journal of Entrepreneurship

No abstract provided.

From The Editors, Laurence Weinstein, Shawn Blau, Christopher Sheehan, Joshua Shuart

New England Journal of Entrepreneurship

No abstract provided.

From Eggs To The Stars, Jane Pollak, Shawn Blau, Laurence Weinstein

New England Journal of Entrepreneurship

Interview of artist Jane Pollak by Shawn Blau and Laurence Weinstein.

Jane Pollak is a Westport, Connecticut, artist who started her career as a high school art teacher. She has now branched out into public speaking, is the author of two books, and embraces the life of entrepreneur as a sole proprietor of her rapidly expanding business of decorating eggs. For Jane, her life path has been one of hope and unexpected personal and business achievements.

Bouncing Back, Allan F. Lichter, Laurence Weinstein

New England Journal of Entrepreneurship

Interview by Laurence Weinstein of Allan F. Lichter of Millennium Graphics.

Entrepreneurial Women And Life Expectancy, Jeannette Oppedisano, Sandra Lueder

New England Journal of Entrepreneurship

This article explores whether the longevity phenomenon experienced by entrepreneurial women born between 1720 and 1940 can be explained by the life circumstances of these women or whether other research may provide better insights into their remarkable tenacity. The characteristics of hardiness, resiliency, and self-efficacy should be examined as well as the newly developing research theories of perseverance in the face of adversity to determine which are most appropriate in explaining what is clearly female entrepreneurial endurance.

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 …

Ethnic Entrepreneurship: Do Values Matter?, Mike Morris, Minet Schindehutte, Jack Lesser

New England Journal of Entrepreneurship

While considerable attention has been devoted to the personality traits of entrepreneurs, less attention has been given to their values, especially outside of a Western context. Values are instrumental in the decision to pursue entrepreneurship, and have implications for the entrepreneur’s approach to creating and managing the venture. The role of values would seem especially relevant in the context of ethnic subcultures. Values traditionally associated with entrepreneurship, such as risk, individualism, competitiveness, wealth generation, and growth, may be more consistent with Western cultures, and may conflict with closely held values within various ethnic subcultures the world over. This article examines …

Using Social Cognitive Career Theory To Predict Self-Employment Goals, Gerald Segal, Dan Borgia, Jerry Schoenfeld

New England Journal of Entrepreneurship

Social Cognitive Career Theory (SCCT; Lent, Brown, and Hackett 1994, 1996) proposes that career interests, goals, and choices are related to self-efficacy beliefs and outcome expectations. It suggests that people’s self-efficacy beliefs and outcome expectations with regard to self-employment would predict their goals to become self-employed. This study explores the ability of SCCT to predict goals for self-employment in a sample of 115 undergraduate business students. Results indicated that students with higher entrepreneurial self-efficacy and higher self-employment outcome expectations had higher intentions to become self-employed. These findings imply that educators and policy-makers may boost student entrepreneurial intentions by (1) enhancing …

Encouraging Technology-Based Ventures: Entrepreneurship Education And Engineering Graduates, Teresa Menzies, Joseph C. Paradi

New England Journal of Entrepreneurship

This article examines entrepreneurship courses offered by engineering faculties in Canada. The venturing rate of engineering students, whether the venturing rate increases if students have taken a course in entrepreneurship, and the type of ventures created are also explored. A recent census and an empirical study of two groups of engineering graduates from a Canadian university were utilized. Findings have implications for educators and administrators and for policy-makers interested in encouraging economic growth.