Entrepreneurial and Small Business Operations Commons^™

Supplier-Complementor Alliances: Enhancing Value Creation For The Ecosystem, Liang Chen

Asian Management Insights

1. Suppliers can better protect their positions in an ecosystem by building stronger relationships with ‘complementors’, which are businesses that offer products or services that enhance the value of the core product. Such supplier-complementor alliances (SCAs) can enhance the value of the entire ecosystem, including that of the leader.

2. SCAs such as Nvidia-Adobe drive innovation by encouraging suppliers to develop products that cater to broader needs beyond the ecosystem leader’s specific demands. This strategic alignment between suppliers and complementors also ensures that suppliers build a more resilient and diversified business model.

3. SCAs present both opportunities and challenges within …

The Growth Of Southeast Asia’S Msmes, Shoeb Kagda

Asian Management Insights

Funding winter presents opportunities to reboot for the future.

Nurturing Entrepreneurship And Growing Entrepreneurs, Sun Sun Lim, Abdullah Khurshid, Dexter Ye Kai Tan, Gabrielle Lay Khim Tan

Asian Management Insights

How Southeast Asia’s universities can pave the way.

Universities in Southeast Asia:

1. Can unlock the potential of changemakers in driving economic growth through entrepreneurship education.

2. Accelerate the growth of the ASEAN start-up ecosystem by facilitating technology commercialisation, leveraging regional networks for mentorship and funding, and fostering cross-border collaborations.

3. Have birthed at least five of Southeast Asia's unicorns and are set to lead the way in producing more.

Competing With The Platform: Complementor Positioning And Cross-Platform Response To Entry, Aldona Kapacinskaite, Ahmadreza Mostajabi

Research Collection Lee Kong Chian School Of Business

Research SummaryThis study contrasts traditional entry dynamics with platform owner entry into a complementor market and examines cross-platform complementor response to competition with the platform. Generalists experience low repositioning cost and are more likely to shift effort away, while specialists focus their effort on the focal platform. We examine Apple's “Files” app entry and find support for our hypotheses: generalists shift effort toward the competing platform, while specialists double down on the focal platform. Moreover, empirically comparing Apple's entry with that of other large firms, we find that only the platform owner elicits a strong complementor response. This article contributes …

The Chatbot Challenge: How Smes Can Leverage Ai For Growth And Engagement, Tamas Makany, Felicia Goh

Asian Management Insights

Enhancing SME workforce efficiency with chatbots for improved business communication.

Traceability Technology Adoption In Supply Chain Networks, Philippe Blaettchen, Andre P. Calmon, Georgina Hall

Research Collection Lee Kong Chian School Of Business

Modern traceability technologies promise to improve supply chain management by simplifying recalls, increasing visibility, and verifying sustainable supplier practices. Initiatives leading the implementation of traceability technologies must choose the least-costly set of firms—or seed set—to target for early adoption. Choosing this seed set is challenging because firms are part of supply chains interlinked in complex networks, yielding an inherent supply chain effect: benefits obtained from traceability are conditional on technology adoption by a subset of firms in a product’s supply chain. We prove that the problem of selecting the least-costly seed set in a supply chain network is hard to …

Demand Pull Versus Resource Push Training Approaches To Entrepreneurship: A Field Experiment, Simone Santamaria, Niloofar Abolfathi, Ishtiag Pasha Mahmood

Research Collection Lee Kong Chian School Of Business

We compare the efficacy of two broad approaches to entrepreneurship training: a training prioritizing demand-side activities versus a training prioritizing resource-side activities. We do so by running a field experiment inside a 6-month entrepreneurship program involving 236 early-stage entrepreneurs. Inspired by our training, the first group invested more time interacting with potential customers and developing a deep understanding of customer needs and problems. The other group, in contrast, spent more time identifying and exploiting their core resources such as their network. Our results reveal that the training prioritizing demand-side activities is substantially more effective. At the end of the program, …

Building Success In The Philippine Retail Sector, Jimmy Thai

Asian Management Insights

Jimmy Thai tells us about how the Primer Group has expanded to become the retail giant it is now.

Financial Crisis And Female Entrepreneurship: Evidence From South Korea, Jungho Lee, Sunha Myong

Research Collection School Of Economics

We document a drastic increase in female-owned manufacturing firms in South Korea after the 1997 financial crisis. During the crisis, a major banking sector reform was conducted, and many underperforming bank branches were forced to close down. Using a geographical variation of bank branch closures during the reform, we show that the banking sector reform resulted in a rise in female entrepreneurship. We present evidence that male-owned firms were preferred by the closeddown bank branches, despite female-owned firms exhibiting lower risks and higher returns. The banking sector reform, although not explicitly aimed at addressing gender disparities, substantially benefited female entrepreneurs …

Singapore Student Startup Ecosystem Report Academic Year 2022-23, Abdullah Khurshid, Bob Tan, Rahul Paleja, Zi En Lim, Ryan Kang, Dorothy Yuan, Terrence Hoon, Nicole Lim, Dean Tay, Jonathan Liem, Anaanya Bijay, Jolin Chua, Wen En Lim

Research Collection Institute of Innovation and Entrepreneurship

Singapore Student Startup Ecosystem Report

Protégé Ventures produces the annual Singapore Student Startup Ecosystem Report and hopes to inspire other aspiring student entrepreneurs and show the immense potential of the innovation and enterprise scene in our local tertiary education ecosystem through the report.

The report highlights:

• The extensive opportunities for innovation and enterprise within the tertiary education institutes.
• Contributions of key stakeholders, such as university incubators, student clubs, and student startup competitions, to empower student entrepreneurs on their journey to create the next big groundbreaking innovation!
• Success stories that have emerged from student startups in recent years.

Beyond A Single Quadrant, Vijaya Saunder M, Rithica Mamidi

Asian Management Insights

Rethinking platform businesses in the digital era.

Achieving Success In Silicon Valley, Desmond Lim

Asian Management Insights

Desmond Lim tried, failed, and finally succeeded with Workstream, an app that helps businesses hire and manage hourly workers.

Navigating Investor Expectations, Yong Hsin Ning, Yvette Lim

Asian Management Insights

Why start-ups need to speak the language of numbers.

Exploring The Development Of An Agribusiness Ecosystem For Singapore: Lessons From Taiwan, Kuo-Chang Fu

Dissertations and Theses Collection (Open Access)

The COVID-19 pandemic and complex global circumstances have prompted a heightened level of apprehension about food security in Singapore. With a land area of slightly over 700 square kilometers, of which a mere 1% is dedicated to agricultural purposes, Singapore's overall level of food self-sufficiency is less than 10%. Historically, Singapore has relied on imports to address its food deficits. However, due to the pandemic's impact and geopolitical tensions, which have resulted in instability within the global supply chain, Singapore is now compelled to re-evaluate its approach to food security. Consequently, there has been a substantial focus on exploring strategies …

Research On The Relationship Between Service-Oriented Manufacturing Platforms And Customer Enterprise Innovation — Evidence From The 3d Printing Industry, Donglai Zhao

Dissertations and Theses Collection (Open Access)

Micro, small and medium-sized enterprises (MSMEs) are highly flexible and creative and play a significant role in the national economy and in employment, innovation, and entrepreneurship. However, due to their relatively small size, low technical level, lack of funds and talent, and backward management, they generally face development predicaments, such as the pressure to survive and weak anti-risk abilities. Therefore, in addition to leveraging their initiative to develop their competitive strength, making full use of external public service resources has become one approach MSMEs can take to find a way out of such predicaments. Various service-oriented manufacturing platform enterprises have …

Multinational Family Firms’ Internationalization Depth And Breadth Following The Global Financial Crisis, Sebastian P. L. Fourné, Miriam Zschoche, Christian Schwens, Reddi Kotha

Research Collection Lee Kong Chian School Of Business

This study examines how large family firms react to a macroeconomic shock in terms of their internationalization depth and breadth. Building on new internalization theory and acknowledging the dysfunctional manifestations of bifurcation bias in large family-owned MNEs, we argue that an unexpected shock induces family firms to recombine their family firm-specific resources with their thus far underutilized or unequally treated nonfamily resources. This recombination allows most family firms to economize on bifurcation bias and leverage their resources as firm-specific advantages (FSAs) resulting in an increased depth and breadth of internationalization post shock (while some of them may continue to suffer …

Are Cities Venturing Green? A Global Analysis Of The Impact Of Green Entrepreneurship On City Air Pollution, Theodor Florian Cojoianu, Andreas G. F. Hoepner, Xi Hu, Moustafa Ramadan, Paolo Veneri, Dariusz Wójcik

Research Collection College of Integrative Studies

Situated at the intersection between environmental entrepreneurship and urban sustainability, our paper seeks to investigate the links between city-level green venture ecosystems and the ability of urban centres to reduce air pollution. Using a large dataset of 12,834 urban centres from around the world and their associated yearly average particulate matter (PM2.5), we show that an increase in the cumulative number of green start-ups drives the lowering of PM2.5 levels. Looking closely at the subsectors that drive the results, we observe that the urban centres which hosted increased numbers of innovators in smart grid technologies, energy efficiency and wind energy …

Don't Try To Be A Superman, N. Edwin Widjornako

Asian Management Insights

N. Edwin Widjonarko, co-founder and Director of Technology of Xurya, speaks about his entrepreneurial journey in Indonesia’s solar power generation space.

Smu Launches Master’S Programme With A Practical Focus On Entrepreneurship And Venture Building, Singapore Management University

SMU Press Releases and News

Entrepreneurship is important for Singapore as a key driver of innovation and source of economic renewal. The Singapore government is actively encouraging entrepreneurship, with policies such as Startup SG Equity Initiative, Global Ready Talent Programme and Startup SG Founder, to name a few. In response to such industry needs and demand, Singapore Management University (SMU) has revamped its Master of Science in Innovation programme to the Master of Science in Entrepreneurship and Innovation (MEI) programme, to nurture purpose-driven talents who will pioneer new growth opportunities for Singapore and beyond and solve pressing, real-world problems. The full-time MEI programme offers students …

Do Ambitious Entrepreneurs Benefit More From Training?, Reddi Kotha, Balagopal Vissa, Yimin Lin, Anne-Valérie Corboz

Research Collection Lee Kong Chian School Of Business

Does growth training help entrepreneurs scale-up new ventures? Our field experiment answers this question using data from 181 Singapore-based, early-growth entrepreneurs drawn from a broad range of industry sectors. Treatment content focused on three growth-catalyst tools relevant for formulating and executing innovation-led growth: business-model design, leveraging external networks, building internal teams. Treatment format comprised interactive lecture sessions and workshops on these tools supplemented by personalized coaching in applying the tools to entrepreneurs’ specific challenges. We find that ventures led by entrepreneurs that received training experienced sales growth of 72.5% compared to 30.3% for those in the control condition. Furthermore, ventures …

中小企业如何更上一层楼？, You Ren Chen, Da An Yun, Swee Liang Tan

Research Collection School Of Economics

No abstract provided.

Sustainability Impact Assessment Of New Ventures: An Emerging Field Of Research, Klaus Fichter, Florian Ludeke-Freund, Stefan Schaltegger, Simon J.D. Schillebeeckx

Research Collection Lee Kong Chian School Of Business

Entrepreneurs and start-ups are key actors in implementing environmental innovation and accelerating sustainability transitions. Thus, analyzing as well as predicting the impact of entrepreneurial ventures is central to management and entrepreneurship research. The sustainability performance, value and impact of incumbent firms and their products and services has been a key topic in business-related sustainability research for many years. However, assessing the sustainability effects of new ventures such as start-ups is a neglected area in the research literature. This article therefore provides an overview, including key definitions, a new conceptual framework, and notions that can help guide and inspire a future …

Acquiring An Entrepreneurial Mindset, Maw Der Foo

Asian Management Insights

Key ingredients to facilitate the acquisition.

Encouraging Social Entrepreneurship, Kanyaporn Skutalakul

Asian Management Insights

It’s about taking the first steps.

An Est Approach To Entrepreneurial Exit In Chinese Family Business: A Case Study Of H Company, Lidian Zhang

Dissertations and Theses Collection (Open Access)

Previous entrepreneurial exit literature has mostly followed a feature-oriented logic by summarizing the impact of industry and company characteristics and entrepreneurs’ personal traits on entrepreneurial exit decisions, disregarding the decision-making process of entrepreneurial exit and the role of key events in advancing the process. This thesis endeavors to explore the determining factors behind entrepreneurial exit decisions of family businesses and the dynamic decision-making process based on Event System Theory (EST) with a single-case study method and a feature-oriented and process-oriented approach.

This study has conducted an in-depth investigation into Company H, which possesses typical features of Chinese private family businesses. …

A Study On The Ore Grade, Operating Costs And Investment Value Of Iron Ore Miners Amid China's "Dual Carbon" Policy, Shunyi Yao

Dissertations and Theses Collection (Open Access)

With the growing demand for steel in significant economies, iron ore remains a vital investment in the long run. Although many iron ore miners have recently generated significant returns for investors, some have not performed well financially. The existing literature does not provide an integrated theoretical framework to explain this problem. The study examines the mechanisms determining the investment value of iron ore miners when China establishes carbon peaking and carbon neutrality goals ("Dual Carbon" policy). Further, based on the findings, this study also proposes investment strategies for iron ore miners in the future, which also has a high practical …

Experiential Learning: The Case Of Training Mba Students In An Asian School, Chiyachantana N. Chiraphol, Kuan Yong David Ding, Jack Jiajun Hong

Research Collection Lee Kong Chian School Of Business

Consulting for a startup company is an effective way for Master of Business Administration (MBA) students to learn about management consulting, and the ways and means of a startup company. This paper discusses the experience of an MBA startup project within the context of a core corporate finance course. The project requires the active engagement of several groups of stakeholders—MBA students, the university’s entrepreneurship incubator, a selection of startup companies, and the project’s academic collaborators. In line with the literature, we find that entrepreneurship education through student-startup collaboration contributes to the students’ entrepreneurial learning, and that the offering of an …

Navigating Economic Headwinds, Dilhan Pillay Sandrasegara

Perspectives@SMU

Temasek’s CEO Dilhan Pillay Sandrasegara believes Southeast Asia will be a bright spot amidst global headwinds. Being a networked organisation could make all the difference.

Chinese Clan Culture And Its Influence On Family Business Ownership, Jiameng Cheng, Yanke Dai, Lin Shu, Haichun Ye

Perspectives@SMU

Research shows that, in China, business owners who hail from provinces with high clan cultural influence are more likely to share business ownership with family members

Leveraging On A University-Industry Partnership Programme: How A Yearbook Publisher Can Pivot Its Operations In A New Normal, Yuanto Kusnadi, Benjamin Huan Zhou Lee, Gary Pan

Research Collection School Of Accountancy

The printing industry is a “sunset” industry that is currently undergoing massive changes, with digital transformation and sustainability being two key issues that the companies in these 2 industries have to face. In addition, the Covid-19 pandemic has hastened the pace of the changes that are taking place and companies have to make serious decisions that will affect their future survival in this industry. This article highlights how one printing solutions provider in Singapore can pivot its operations to be more sustainable in the new post-pandemic normal.