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Full-Text Articles in Entrepreneurial and Small Business Operations

Ua62/3 August Newsletter, Wku Small Business Development Center Aug 2007

Ua62/3 August Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


An Information Technology Therapy Approach To Micro-Enterprise Adoption Of Icts, Peter Wolcott, Sajda Qureshi, Mehruz Kamal Aug 2007

An Information Technology Therapy Approach To Micro-Enterprise Adoption Of Icts, Peter Wolcott, Sajda Qureshi, Mehruz Kamal

Information Systems and Quantitative Analysis Faculty Proceedings & Presentations

The advent of Information and Communication Technologies (ICTs) has opened up new opportunities for micro-enterprises to improve their businesses. However the challenges to using ICTs are impeding these businesses from growing into the drivers for development that they can be. This suggests that a potentially important driver of development needs to be supported. This paper investigates the adoption of ICTs in eight micro-enterprises in an underserved community of Omaha, Nebraska. Following an action research study, this research provides insight into the key challenges and opportunities facing micro-enterprises in their use of ICTs to create value for their businesses. Its contribution …


Games People Play: Can Singapore Power-Up Fast Enough To Claim A Share Of The Bounty?, Knowledge@Smu Jul 2007

Games People Play: Can Singapore Power-Up Fast Enough To Claim A Share Of The Bounty?, Knowledge@Smu

Knowledge@SMU

According to PricewaterhouseCooper’s latest "Global Entertainment and Media Outlook" , the Asia Pacific region is projected to top overall global spending on video games over the next five years. In Singapore, the government invested half a billion Singapore dollars (US$325 million) in 2006 in the interactive digital media (IDM) services sector. Singapore Management University professor of management Ted Tschang has been paying especial attention to the gaming and related industries, sub-sectors of IDM. In an interview with Knowledge@SMU, Tschang discusses the role of global culture as a critical success factor, and Singapore’s efforts to get into the game.


Ua62/3 - July Newsletter, Wku Small Business Development Center Jul 2007

Ua62/3 - July Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson Jul 2007

A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson

Business in Nebraska

The U.S. economy achieved a soft landing in 2006. This was a desirable outcome. The economy needed a break from its rapid, and potentially inflationary, growth in 2004 and 2005, before taking off again. But, that new flight has been delayed. The aggregate economy has remained mired in slow growth in the first half of 2007. Pockets of the economy, such as the labor market, have been strong, but a weak housing sector has limited overall growth. Further, signs point to one or two more quarters of weaker growth, before the economy is able to take off again.

This outcome …


The Drivers And Barriers To Customer Value Creation: Issues And Prespectives In The Marble Sector Smes Of North-West Frontier Province, Pakistan, Muhammad Noman Jul 2007

The Drivers And Barriers To Customer Value Creation: Issues And Prespectives In The Marble Sector Smes Of North-West Frontier Province, Pakistan, Muhammad Noman

Business Review

The concept of value and, more specifically, customer value is of increasing interest to both academics and practitioners. Many see it as the next source of competitive advantage. Like other regions of the country, the North-West Frontier Province of Pakistan has a presence of SMEs in many sectors. A major one amongst these is the marble sector; characterized by two sub-sectors, marble mining and marble processing. A review of various studies in the marble sector reveals that about 70 percent of marble reserves in Pakistan are being wasted due to poor mining and processing techniques. The situation is further aggravated …


Entrepreneurial Opportunities And Market Analysis Of The Information Technology And Software Development Sector Of Pakistan, Toshio Fujita, Hassan Tajuddin Jul 2007

Entrepreneurial Opportunities And Market Analysis Of The Information Technology And Software Development Sector Of Pakistan, Toshio Fujita, Hassan Tajuddin

Business Review

This study investigates the Information Technology and the Software Development sector of Pakistan. It discusses the reasons for the lack of trust in Pakistani IT companies and different problems faced by an entrepreneur starting an IT company in Pakistan. The data was analyzed by qualitative content analysis. The findings are discussed with reference to previous research, and implications for entrepreneurial setups are noted.


Encouraging Student Participation In Social Entrepreneurship Opportunities, W. Andrew Clark, Peter Hriso, Craig A. Turner Jun 2007

Encouraging Student Participation In Social Entrepreneurship Opportunities, W. Andrew Clark, Peter Hriso, Craig A. Turner

ETSU Faculty Works

Social entrepreneurs utilize the traits of commercial entrepreneurs; organizational abilities, opportunity identification, combining resources in novel ways, willingness to accept and manage risk and explosive growth or returns, to create enterprises that return high social value. As educators, we see opportunities where entrepreneurial skills can be applied to education, not-for-profit organizations, government offices and programs and philanthropic concerns and create service learning opportunities for students beyond the boundaries of the university. Many of us involved in higher education are frustrated with students who do not attend class, turn in assignments late or exhibit a lack of effort in classes where …


The Economic Impact Of The Nebraska Early Care And Education Industry, Eric Thompson, Mary Mcgarvey, Matthew Cushing, Randolph Cantrell, Seth Freudenburg, Travis Heller Jun 2007

The Economic Impact Of The Nebraska Early Care And Education Industry, Eric Thompson, Mary Mcgarvey, Matthew Cushing, Randolph Cantrell, Seth Freudenburg, Travis Heller

Bureau of Business Research Publications

The early care and education industry has both current and long-term economic consequences for the Nebraska economy. The long-term impact is to help to educate and develop children into productive and higher earning adults. This impact is well understood. As stated by Nobel Prize winning economist James Heckman, “Early advantages cumulate; so do early disadvantages… redirecting additional funds toward the early years, before the start of traditional schooling, is a sound investment in the productivity and safety of our society” (Heckman and Masterov, 2005).

In addition to these long-term impacts, the early care and education industry also has current impacts …


Entrepreneurship As A Wealth Creation And Value-Adding Process, Wee Liang Tan Jun 2007

Entrepreneurship As A Wealth Creation And Value-Adding Process, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

The author reflects on the development of the meaning of entrepreneurship. Entrepreneurship is the process of doing something different and new to develop wealth for individual and adding value of the society. He emphasizes that the domain of the entrepreneurship is not only limited to business arena. He adds that its spectrum has also covered the scope of activities of several institutions and organizations.


Rationales For Collaboration; Implications For The Irish Road Freight Industry, Eoin Plant, Jim Mcgovern Jun 2007

Rationales For Collaboration; Implications For The Irish Road Freight Industry, Eoin Plant, Jim Mcgovern

Conference Papers

The European Union has made a commitment to promoting sustainable mobility through advanced transport logistics. One of the principal areas yet to be addressed is that of the potential barriers to advanced transport logistics and the attitudes of industry to this advancement. This paper addresses some of these concerns and argues that competition for high-value contracts can be very tough, especially where the contracts are from large organisations that often prefer to develop a relationship with only one transport service provider. The paper attempts to put the research into a theoretical framework of Resource-Advantage Theory. Empirical evidence is presented from …


Going Organic In Singapore: Kemena Enterprise Ltd And The Uob-Smu Entrepreneurship Alliance, Knowledge@Smu May 2007

Going Organic In Singapore: Kemena Enterprise Ltd And The Uob-Smu Entrepreneurship Alliance, Knowledge@Smu

Knowledge@SMU

According to British business research company Organic Monitor, the market across Asia for organic food is set to hit US$1 billion this year. Singapore, too, has been swept up in this organic wave. Last year, the country’s share of the Asian organic food market reached US$40 million. Kemena, a two-year-old company which supplies a range of health products in Singapore, has become the first to introduce organic infant formula into the Singapore market. The company was recently involved with the United Overseas Bank (UOB)-SMU Entrepreneurship Alliance which provides funding for small and medium-sized enterprises to hire student consultants. Knowledge@SMU interviewed …


Learning How To Innovate: Standard Chartered Bank's Ilab@Smu Challenges Students To Bridge Technology And Business, Knowledge@Smu May 2007

Learning How To Innovate: Standard Chartered Bank's Ilab@Smu Challenges Students To Bridge Technology And Business, Knowledge@Smu

Knowledge@SMU

"The future of banking is in Asia and the key driver is innovation," according to a statement from Standard Chartered Bank and the Singapore Management University, which together established an innovation centre -- the Standard Chartered iLab@SMU -- in early 2006. Students can work with iLab on projects where they are exposed to a corporate environment and issues relating to managing intellectual property. As an example, several students were recently given the challenge of investigating the viability of voice biometrics authentication technology at the bank. Knowledge@SMU interviewed both the students and bank executives for their views on how the process …


Ua62/3 May Newsletter, Wku Small Business Development Center May 2007

Ua62/3 May Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


Employing Social Capital By Small & Medium Enterprises To Bear Fruit From Wireless Communications, Abdelnasser Abdelaal, Mehruz Kamal, Peter Wolcott May 2007

Employing Social Capital By Small & Medium Enterprises To Bear Fruit From Wireless Communications, Abdelnasser Abdelaal, Mehruz Kamal, Peter Wolcott

Information Systems and Quantitative Analysis Faculty Proceedings & Presentations

Wireless and mobile communications can save Small and Medium Enterprises (SMEs) significant time, money, and effort due to the mobility, flexibility, and ease of use mobile devices provide. SMEs that use such innovations can improve productivity, decrease costs, and enhance the quality of the business process. Lacking technical skills and financial resources, SMEs need special support from local communities and governments in order to survive the severe competition of big chain stores. This paper proposes a model for SMEs to adopt new innovations—those of wireless communications—by employing social capital. We have used a case study approach to show that social …


Incorporating Learning Through Doing In Entrepreneurship Education: The Case Of An University Industry Alliance In Asia, Wee Liang Tan, David B. Montgomery May 2007

Incorporating Learning Through Doing In Entrepreneurship Education: The Case Of An University Industry Alliance In Asia, Wee Liang Tan, David B. Montgomery

Research Collection Lee Kong Chian School Of Business

With the developments in Asia, there is little doubt that entrepreneurship education would make it way across from the West to Asia. However, the form and manner it takes may differ because of the context and the definition of entrepreneurship adopted. With the differences in Asia and development of entrepreneurship policies adopted by the Asian policymakers, entrepreneurship education has variations across Asia. This paper outlines one such development in a new university in Singapore, involving the university with an industry alliance.


The Growth Dividend: How Has It Been Allocated?, Eric Thompson Apr 2007

The Growth Dividend: How Has It Been Allocated?, Eric Thompson

Bureau of Business Research Publications

A growing economy and population in Lincoln, Nebraska have generated an expanding tax base for the city. Growth has been especially rapid in the property tax base. As noted in a recent report by the UNL Bureau of Business Research (2005), the average new housing unit generates annual property taxes for the City of Lincoln substantially greater than does the average existing housing unit. This additional property value is referred to as the “growth dividend” in the Bureau of Business Research report. This growth dividend is available for a variety of uses, including capital outlays on infrastructure, tax relief, or …


Ua62/3 April Newsletter, Wku Small Business Development Center Apr 2007

Ua62/3 April Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


Nebraska’S Micropolitan Statistical Areas: A Growing Piece Of A Shrinking Pie, Randolph Cantrell Apr 2007

Nebraska’S Micropolitan Statistical Areas: A Growing Piece Of A Shrinking Pie, Randolph Cantrell

Business in Nebraska

They have been called “urban islands in a shortgrass sea” (Popper and Popper, 1986) and “middle places” (Swanson, 2007). They are the small urban centers that dot the Great Plains and are home to an important share of the region’s non-metropolitan population and economic activity. Compared to the much larger metropolitan centers such as Omaha and Lincoln, they may appear to be minor players in the state’s social and economic landscape—but that would underestimate their role. Individually they anchor the regional “pillars of growth” identified by Thompson (Thompson et al., 2007), and collectively they play a determining role in the …


We've Got The Power: Rise Of Women Entrepreneurs, Phyllis Swersky, Aileen Gorman, Jessica Reardon Mar 2007

We've Got The Power: Rise Of Women Entrepreneurs, Phyllis Swersky, Aileen Gorman, Jessica Reardon

New England Journal of Public Policy

The authors address women’s recent entrepreneurial successes in local, national, and international settings, offering, as a case study, one nonprofit organization whose mission is to support women entrepreneurs and help them grow: The Commonwealth Institute. In examining The Commonwealth Institute, the authors provide insight into the challenges facing some of the women entrepreneurs they work with in Massachusetts. They also offer some strategies to make sure women continue to make a significant contribution to New England’s economy.


Ua62/3 March Newsletter, Wku Small Business Development Center Mar 2007

Ua62/3 March Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


The Entrepreneurial Process: An Assessment Of A Real Life Case Study And A Theoretical Model, Kevin Neary Mar 2007

The Entrepreneurial Process: An Assessment Of A Real Life Case Study And A Theoretical Model, Kevin Neary

Masters

The purpose of this work is to record and document the development cycle of an entrepreneur focusing specifically on the point of start up of the entrepreneurs business through to a key juncture when the entrepreneur sells a portion of his business. The work then examines the Klofsten Business Platform Model, a model that might be described as a self diagnostic tool for new start up ventures by entrepreneurs. The entrepreneur then analyses his business development in light of Klofstens’ Model and comments on how he feels his real life experience fits into the proposed model. After a period of …


Mike Mccue's Vision For The Convergence Of The Phone And The Web, Knowledge@Smu Feb 2007

Mike Mccue's Vision For The Convergence Of The Phone And The Web, Knowledge@Smu

Knowledge@SMU

When Mike McCue founded Tellme in 1999, its initial product was a voice-driven information service, what might be termed a "voice portal." Today, the company's voice-recognition systems power directory assistance services from AT&T, Verizon and Cingular along with automated 800-number customer help lines at companies like Merrill Lynch and Federal Express. But McCue still harbors dreams of a broader voice-driven web, one which will provide consumers with new ways of using the phone to interact with the universe of information. He discussed this vision, and others, during a recent interview with Knowledge@Wharton in Tellme's Mountain View, Calif., offices.


Ua62/3 February Newsletter, Wku Small Business Development Center Feb 2007

Ua62/3 February Newsletter, Wku Small Business Development Center

University Organizations

Newsletter created by the WKU Small Business Development Center.


Economic Impact Analysis: The Potential Impact Of An Nhra Drag Racing Facility In Lancaster County, Eric Thompson, Seth Freudenburg, Travis Heller Jan 2007

Economic Impact Analysis: The Potential Impact Of An Nhra Drag Racing Facility In Lancaster County, Eric Thompson, Seth Freudenburg, Travis Heller

Bureau of Business Research Publications

Entertainment venues are an important component to the quality of life in cities and states. Venues provide local residents with an opportunity to attend events that interest them without requiring them to travel to another city. This saves local residents money and allows residents to attend more events. Both factors increase the quality of life for local citizens, in much the same way that having more local shopping options raises the quality of life.

Lincoln’s need for new entertainment venues to improve the quality of life and to retain or attract younger residents has been a recent topic of discussion …


The Black Box: Unraveling Family Business Succession, Noel D. Campbell, Kirk C. Heriot, Dianne H. Welsh Jan 2007

The Black Box: Unraveling Family Business Succession, Noel D. Campbell, Kirk C. Heriot, Dianne H. Welsh

New England Journal of Entrepreneurship

Using the family business succession, resource-based view of firms, familiness, and organizational clan literatures, this article develops a model based on the ability of the family business to use familiness, a specific bundle of attributes deriving from a family’s culture, as a competitive advantage for the family firm. In particular, this resource-based framework of family business shows how familiness can distinguish between family firms that succeed beyond the second generation and those that do not. Implications for future research are discussed.


Toward A Typology Of New Venture Creators: Similarities And Contrasts Between Business And Social Entrepreneurs, Gina Vega, Roland E. Kidwell Jan 2007

Toward A Typology Of New Venture Creators: Similarities And Contrasts Between Business And Social Entrepreneurs, Gina Vega, Roland E. Kidwell

New England Journal of Entrepreneurship

This article advances a conceptual typology delineating the differences and similarities between business- and social-sector new venture creators. Our classification scheme differentiates business and social entrepreneurs, considering characteristics of social entrepreneurs in a larger entrepreneurial context. Within a conceptual 2x2 typology based on two dimensions: drive (passion vs. business) and desired return (financial ROI vs. social ROI), we identify and classify 80 examples of new venture creators into one of the quadrants of an enterprise model of entrepreneurs. Preliminary results reveal similarities between social and traditional entrepreneurs and differentiate social entrepreneurs in terms of traits, goals, tendencies, and motivational sources.


Webs Of Power: Multiple Ownership In Tourism Destinations, Ziene Mottiar, Hazel Tucker Jan 2007

Webs Of Power: Multiple Ownership In Tourism Destinations, Ziene Mottiar, Hazel Tucker

Articles

It has been widely noted in the tourism small business literature that collaboration between groups of businesses operating within clusters contributes both to business development and the success of destinations and regions. This paper aims to contribute to the research on tourism destination networks by focusing on multiple ownership, or portfolio entrepreneurship, when more than one small or micro business within a specific destination are owned by the same entrepreneur. Courtown, in Ireland and Göreme in Turkey are presented as two case studies in which the existence of multiple owners was identified. The implications of multiple ownership on tourism operation …


Broadening The Entrepreneurial Perspective, Ziene Mottiar, Sarah Ingle Jan 2007

Broadening The Entrepreneurial Perspective, Ziene Mottiar, Sarah Ingle

Articles

In this paper entrepreneurial literature is combined with industrial district literature to try and explain regional success in an Irish industrial sector. A new approach called interpreneurship is introduced as an explanatory concept for regional success in an Irish case study. A number of conclusions are drawn regarding the extent to which the interpreneurship approach is valid and the authors recommend that this is an important concept for further research.


Lifestyle Entrepreneurs And Spheres Of Inter-Firm Relations: The Case Of Westport Co. Mayo, Ireland, Ziene Mottiar Jan 2007

Lifestyle Entrepreneurs And Spheres Of Inter-Firm Relations: The Case Of Westport Co. Mayo, Ireland, Ziene Mottiar

Articles

A relatively small body of literature in tourism which concentrates on the issues of small firms and entrepreneurs and ‘this area of inquiry is vastly under-researched’ (Thomas, 2004, p.1). A key piece of research (Rimmington et al, 1999) classifies entrepreneurs in the tourism sector and one category which has received research attention has been that of lifestyle entrepreneurs. This article outlines the literature on lifestyle entrepreneurs and concludes that much of the focus to date has been on the individual entrepreneur. This current paper investigates how lifestyle entrepreneurs interact with other entrepreneurs in the destination in which they operate, and …