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Full-Text Articles in Entrepreneurial and Small Business Operations

Creativity Exercises In The Field Of Entrepreneurship, Todd A. Finkle, Mark Shrader Dec 2014

Creativity Exercises In The Field Of Entrepreneurship, Todd A. Finkle, Mark Shrader

Todd A Finkle

The purpose of this article is to provide entrepreneurship educators with examples of exercises to foster creativity within their entrepreneurship programs. We discuss attributes that develop creativity as well as those that deter creativity. We also outline 10 specific exercises that instructors can use in their classrooms to stimulate creativity. The practical implications of the article will allow entrepreneurship educators to become more proficient in stimulating student creativity in today’s ever-changing environment.


Macro Determinants Of Formal Entrepreneurship Versus Total Entrepreneurship, Mai T T Thai, Ekaterina Turkina Jan 2014

Macro Determinants Of Formal Entrepreneurship Versus Total Entrepreneurship, Mai T T Thai, Ekaterina Turkina

Mai T T Thai

Based on the eclectic theory of entrepreneurship, this article analyzes macro-level determinants of national rates of formal versus informal entrepreneurship. Our evaluation of the factors identified in this theory reveals a set of empirically-testable, higher-order determinants: economic opportunities, quality of governance, macro-level resources and abilities, performance-based culture and socially-supportive culture. The results of our analysis obtained through the PLS (partial least squares) approach to structural equation modeling contribute to the entrepreneurship literature by providing an empirically-supported model that shows how formal and informal entrepreneurship are driven differently. This model clarifies the conflicting findings in previous research about the effects of …


Individual Factors Affecting Entrepreneurship In Hispanics, Julio Canedo Dec 2013

Individual Factors Affecting Entrepreneurship In Hispanics, Julio Canedo

Julio C. Canedo

Understand and explain the factors related to the behaviors of Hispanic entrepreneurs. Present testable hypotheses to guide future research.


Straussian Grounded-Theory Method: An Illustration, Mai T T Thai, Li-Choy Chong, Narendra M. Agrawal Apr 2012

Straussian Grounded-Theory Method: An Illustration, Mai T T Thai, Li-Choy Chong, Narendra M. Agrawal

Mai T T Thai

This paper demonstrates the benefits and application of Straussian Grounded Theory method in conducting research in complex settings where parameters are poorly defined. It provides a detailed illustration on how this method can be used to build an internationalization theory. To be specific, this paper exposes readers to the behind-the-scene work to develop a theory on the internationalization of small and medium-sized enterprises based in transition economies. It describes each step from sampling to coding and then to theory formation, explaining the rationale each step of the way. The readers can therefore see how a theory took shape and develop …


An Phuoc (A): Can Its Business Be Rescued From The Asian Financial Crisis?, Mai T T Thai, Huong T. Thai Jan 2012

An Phuoc (A): Can Its Business Be Rescued From The Asian Financial Crisis?, Mai T T Thai, Huong T. Thai

Mai T T Thai

Nguyen Thi Dien, the founder and owner of An Phuoc, was staring at several letters from An Phuoc’s major customers on a summer day in 1997. Although the weather was suffocatingly hot and humid, she had a chill running down her spine. One after another, the letters informed her that An Phuoc’s major orders had been cancelled and that its partners were closing their business because of the Asian financial crisis. It was clear that An Phuoc would have to close down its factories and make massive layoffs unless it could find a new market. What would it be?


An Phuoc (B): Can Its Business Model Survive The Global Financial Crisis?, Mai T T Thai, Huong T. Thai Jan 2012

An Phuoc (B): Can Its Business Model Survive The Global Financial Crisis?, Mai T T Thai, Huong T. Thai

Mai T T Thai

Nguyen Thi Dien, the founder and owner of An Phuoc, was deep in thought as she watched the news about the global financial crisis on a winter day in early 2008. Every TV channel, every newspaper and everyone she met had been talking about a series of financial market collapses since mid-2007. The crisis had become real now and it was going to have a great impact on global consumption. EU and U.S. markets seemed to be freezing up. The Asian financial crisis had almost killed An Phuoc about 10 years earlier, but her drastic change in business strategies and …


Ethical Considerations Of Sales Channel Selection In The Field Of Entrepreneurship, Todd A. Finkle, Michael Mallin Dec 2010

Ethical Considerations Of Sales Channel Selection In The Field Of Entrepreneurship, Todd A. Finkle, Michael Mallin

Todd A Finkle

Increased scrutiny of corporate actions in today’s business climate puts pressure on all facets of business to adhere to ethical practices founded on principles that are honest, fair and transparent to the stakeholders (Turner, 2010). The importance of business ethics becomes essential in the entrepreneurial setting. Consumer word of mouth and viral internet communications are just a few ways that a negative ethical image could ruin a small business. In fact, Rutherford, Buller and Stebbins (2009) point out scholars have yet to investigate the legitimacy of new ventures. Most of the known research that has been compiled by a few …


Apple Inc.: Product Portfolio Analysis, Michael Mallin, Todd A. Finkle Dec 2010

Apple Inc.: Product Portfolio Analysis, Michael Mallin, Todd A. Finkle

Todd A Finkle

This case assesses a company’s product line mix relative to two marketing environmental factors and explores four product line growth strategies using a product portfolio analysis approach. The case provides a history of the Apple Computer Company and its key product lines. An approach to analyzing a company’s product portfolio is reviewed and applied to Apple’s product lines. The case shows how each Apple product line fits within the portfolio analysis tool and will be asked questions relative to possible strategies for Apple’s product portfolio. The case illustrates one approach to making decisions about a company’s line of products. The …


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 …


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.


Communities In The Global Economy: Where Social And Indigenous Entrepreneurship Meet, Robert B. Anderson, Benson Honig, Ana Maria Peredo Jan 2006

Communities In The Global Economy: Where Social And Indigenous Entrepreneurship Meet, Robert B. Anderson, Benson Honig, Ana Maria Peredo

Robert B Anderson

With the advent of industrialization, indigenous people around the world have suffered greatly as a result of shifting economic forces, advancing technologies, encroaching population centres, social acculturation, and colonial expansion (Cardoso, 2001). Once self-reliant and socially cohesive, indigenous communities have suffered, to varying degrees, both geographical and population dislocations (World Bank, 2001). What receives less attention, but is also important, is the degree of cohesion that remains and the desire among many indigenous people to rebuild their communities on a traditional and culturally grounded foundation while simultaneously improving their social and economic circumstances (Harvey, 1996; Lurie, 1986; Vinje, 1996). Many …


Indigenous Land Rights, Entrepreneurship, And Economic Development, Robert B. Anderson, Leo-Paul Dana, Teresa Dana Jan 2006

Indigenous Land Rights, Entrepreneurship, And Economic Development, Robert B. Anderson, Leo-Paul Dana, Teresa Dana

Robert B Anderson

Indigenous people are struggling to reassert their nationhood within the post-colonial states in which they find themselves. Claims to their traditional lands and the right to use the resources of these lands are central to their drive to nationhood. Traditional lands are the ‘place’ of the nation and are inseparable from the people, their culture, and their identity as a nation. Traditional lands and resources are the foundation upon which indigenous people intend to rebuild the economies of their nations and so improve the socioeconomic circumstance of their people—individuals, families, communities, and nations. This paper explores business development activities that …


Towards A Theory Of Indigenous Development, Ana Maria Peredo, Robert B. Anderson, Craig S. Galbraith, Benson Honig, Leo-Paul Dana Jan 2004

Towards A Theory Of Indigenous Development, Ana Maria Peredo, Robert B. Anderson, Craig S. Galbraith, Benson Honig, Leo-Paul Dana

Robert B Anderson

Indigenous populations throughout the world suffer from chronic poverty, lower education levels, and poor health. The ‘second wave’ of indigenous development, after direct economic assistance from outside, lies in indigenous efforts to rebuild their ‘nations’ and improve their lot through entrepreneurial enterprise. This paper suggests that there is a distinguishable kind of activity appropriately called ‘indigenous entrepreneurship’. We begin by defining the indigenous population and noting some general facts about their numbers and distribution. In an effort to discern the potential for development on indigenous peoples’ own terms, we then explore three frameworks for understanding efforts at development, including indigenous …


Aboriginal Economic Development And Entreprenership, Robert B. Anderson, Robert G. Giberson Jan 2004

Aboriginal Economic Development And Entreprenership, Robert B. Anderson, Robert G. Giberson

Robert B Anderson

This chapter explores economic development and entrepreneurship among Aboriginal' people in Canada as a particular instance of Indigenous entrepreneurship and development activity worldwide. In tum, Indigenous entrepreneurship, and the economic development that flows from it, can be considered a particular sub-set of ethnic entrepreneurship. What makes Indigenous entrepreneurship a particular and distinct instance of ethic entrepreneurship is the strong tie between the process and place - the historic lands of the particular Indigenous group involved. With Aboriginal populations there is also often a strong component of "nation-building," or more correctly re building. This is in contrast with instances of entrepreneurship …


West Point Market: Managing A Challenge From The Eeoc, Todd A. Finkle Dec 1999

West Point Market: Managing A Challenge From The Eeoc, Todd A. Finkle

Todd A Finkle

Russell Vernon, a second-generation owner and manager of West Point Market in Akron, Ohio must decide whether to settle, go to court or reconcile (mutually agreeable solution) with the Equal Employment Opportunity Commission on an allegation of racial discrimination. He firmly believes that he is innocent. If he chooses to reconcile or settle the case out of court, he could be construed as a racist. If he chooses to go to court and loses, he may lose his family business. This emotionally charged situation is presented as a management decision that must be based on an analysis of the facts. …