Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. Fully revised and updated, this Advanced Introduction provides a comprehensive understanding of entrepreneurial finance of new and growing ventures. With a unique research-based focus, Hans Landstroem synthesizes contemporary knowledge and presents diverse theoretical approaches to explain financial decision-making in entrepreneurial ventures. New features include: An updated synthesis of knowledge on entrepreneurial finance, which highlights accumulated knowledge as well as new contributions in entrepreneurial finance research Emphasis on entrepreneurial finance from the perspective of both entrepreneurs as well as capital providers An elaboration of financial issues not only in high-tech and high growth ventures, but also in the financing of more 'everyday' ventures A consideration of the ways the financial landscape has changed, featuring analysis of the FinTech revolution, crowdfunding and initial coin offerings (ICOs). This second edition will serve as an excellent up-to-date resource for advanced students and scholars in entrepreneurship, innovation, finance, and business. Policy-makers interested in financial issues in young and growing ventures will also find this Advanced Introduction a useful tool for exploring financial decision-making from an entrepreneur's perspective.

This insightful and innovative book proposes a new theory of socio-material weaving for studying and understanding family business. It dissolves the family business into activities, constituted of the sociality of human interactions and relations and interwoven with materials that extend in both a bodily-lived and spatial existential sense. Building on hermeneutic phenomenology, Mona Ericson explores a new approach to the field, which shifts focus away from entitized conceptions of family business contexts. Building on a 'being-in-the-world' understanding, the book emphasizes human entwinement with activities in amongst materials. Chapters draw insights from research on the social and the material, exploring the field through five unique stories that illustrate the intertwinement of family business activities and materials associated with buildings and land. Taking a critical stance towards systems-oriented family business research, Ericson weaves together the social and the material in association with narrative truth. An innovative and imaginative exploration of an established field of study, this book is crucial reading for scholars, researchers and graduate students of family business, opening up new ways of approaching the field in scholarly work. It will also benefit practitioners through practical insights into the challenges family business owners face when establishing and managing business activities.

Offering an empirically rigorous perspective on actionable approaches to entrepreneurship education, including learning, teaching and assessment methods, this book aims to bridge the gap between the theory and practice of entrepreneurship education as it relates to local, regional, national and international contexts. An impressive team of leading international authorities and acclaimed experts provide a comprehensive and in-depth exploration of the role and impact of entrepreneurship education in industrially developed and developing countries as well as transition economies. Incorporating a wealth of new, emergent and innovative techniques, this book will allow teachers to effectively encourage future entrepreneurs to realize their ideas and intentions, and to convert them into successful and sustainable small businesses. An excellent addition to current entrepreneurship education literature, this book will be of interest to entrepreneurship teachers, postgraduate and doctoral students, as well as graduate entrepreneurs, for its useful empirical basis, in addition to extensive theoretical and practical knowledge. Contributors include: D. Bolzani, C. Camarero, L. Cisneros S. Coleman, Y. Costin, G. de Jong, J. Delfino, I. Diego, A. Fayolle, A. Fernandez-Laviada, R. Fisher, F. Gul, P.D. Hannon, L. Hietanen, L. Huxtable-Thomas, B. Hynes, Y. Israel-Cohen, C. Jones, P. Jones, O. Kaplan, D. Kariv, C. Keen, P. Kyroe, E. Luppi H. Matlay, J.H. Mejia, C. Netana, M. O'Dwyer, A. Penaluna, K. Penaluna, A. Perez, D. Pickernell, T. Pihkala, M. Redondo, M.P. Rice, A. Robb, H. Ruismaki, E. Ruskovaara, P. San Martin, V. Sanchez-Famoso, J. Seikkula-Leino, W.C. Stitt, M. Zaheer Asghar

This timely and engaging book explores the role of European political entrepreneurship in debating, shaping and implementing the Europe 2020 strategy. Insightful chapters analyse the content, conditions and consequences of Europe 2020, investigating the plan for a future prosperous EU economy. Focussing on how European political entrepreneurship functions in times of crisis, Smart, Sustainable and Inclusive Growth considers these crises as potential windows of opportunity. The expert contributors highlight how the 2020 strategy has been debated, decided on, and then implemented from a governance perspective with multiple actors, and look ahead to necessary future developments. Further to this, multi-level governance is discussed as a way to address the demanded socio-economic goals across the EU in order to effect smart, sustainable and inclusive growth. Entrepreneurship and public policy scholars, particularly those with an interest in European affairs will find this book to be an interesting read. It will also prove to be a powerful resource for politicians and public servants working within the Europe 2020 strategy. Contributors include: H. Ekelund, A. Haglund-Morrissey, C. Karlsson, M. Nilsson, M. OEhlen, A. Parkhouse, B. Pircher, C. Silander, D. Silander, S. Tavassoli

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This exciting Research Agenda expertly addresses the question: What will be important within the family business field and for family businesses in practice over the next decade? Top international contributors explore farsighted theories, methods and topics, often taking a multi-disciplinary approach in order to outline the potential routes for further advancing family business research. Chapters cover the significance of new family trends, entrepreneurial legacy, board diversity, spatial-familiness, corruption, innovation and digital business transformation, challenging core assumptions surrounding the family business phenomenon and mapping the future of the discipline. A Research Agenda for Family Business will prove a stimulating read for family business and entrepreneurship scholars, as well as academics focusing on strategy, HR, organizational behaviour and corporate governance. Practitioners will also find this book valuable for reflecting on challenges that they are facing and navigating developments in the family business field.

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This far-reaching Research Agenda highlights the main features of entrepreneurial university research over the two decades since the concept was first introduced, and examines how technological, environmental and social changes will affect future research questions and themes. It revisits existing research that tends to adopt either an idealised or a sceptical view of the entrepreneurial university, arguing for further investigation and the development of bridges between these two strands. Offering insights into both mainstream and critical approaches, top international scholars discuss a wide range of studies from various analytical and methodological perspectives. Contributions envision the future development of the 'alternative entrepreneurial university', creating space for more localised and contextualised institutions that can be both responsive to the needs of their societies and proactive in shaping them. Academics and practitioners interested in the entrepreneurial university will find this forward-looking Research Agenda to be crucial reading. It will also be beneficial for PhD researchers in framing key directions and questions for future research.

With an increasing global demand for entrepreneurship education, and the need to prepare students for the challenges of an ever-changing world of work, Colin Jones tackles the difficult question: just where do these educators come from to meet this demand? How to Become an Entrepreneurship Educator is the first book to tackle how we create expert entrepreneurship educators at all levels of education. Using activity theory as a lens, the book unites the developmental trajectories of 20 eminent contemporary experts at different levels of enterprise and entrepreneurship education. Jones identifies these journeys in order to share the collective lessons learned. By highlighting a range of global insights, readers are enabled to reflect on their own strategies, creating order in the domain of enterprise and entrepreneurship education - an order that holds the power to propel the domain of enterprise and entrepreneurship education onwards to new heights. Such highly reflective accounts of how to teach entrepreneurship will be an invaluable guide to educators from numerous backgrounds to contemplate new strategies for teaching enterprise and entrepreneurship in the context of their own choosing.

Offering a comprehensive review of contemporary research on inclusive innovation, chapters address the systemic, structural issues that present the 'grand challenges' of our time. With 27 contributions from 57 expert scholars, this Handbook highlights both emerging practices and scalable solutions. Acting as a call to action, the chapters place social impact at the heart of theory and practice, providing fresh insight into global issues and practical solutions. Organized into five distinct sections to reflect current theoretical approaches and frameworks, contributions cover social innovation as practice; community and place; systems, institution and infrastructure; individual, organizations and organizing, and networks and social change. This Handbook emphasises the fundamental shift needed in management scholarship to address global problems and achieve social impact through sustainable development goals. This will be an invaluable resource for those championing social inclusion in both research and practice, including innovation researchers and management scholars more broadly.

Most entrepreneurship and small business textbooks contain few, if any, cases that an instructor can use with students and illustrate important theories or topics from the course. This book contains cutting-edge case studies that illustrate key problems confronting contemporary entrepreneurs. Set in familiar business environments, this original set of cases provides useful insights into the experiences of real-world entrepreneurs for classroom environments. Key features include: Innovative and exciting cases that present common business scenarios, offering practical perspectives for up-and-coming entrepreneurs A theory-based online Instructor's Manual, featuring topic summaries, learning objectives, teaching suggestions and key questions to aid classroom discussion Exceptional coverage of critical entrepreneurship issues, including opportunity recognition, funding a new business, sustaining ventures, social entrepreneurship and challenges faced by collegiate entrepreneurs. An ideal companion for instructors and students, this book is essential reading for MBA courses in entrepreneurship, non-profit management and social entrepreneurship, as well as undergraduate and postgraduate courses in business and management that specialize in entrepreneurship

This insightful book explores the importance and influence of contextual heterogeneity in the field of entrepreneurship research, illuminating the circumstances, conditions or environments that may enable or constrain entrepreneurship. Expert contributors present the results of empirical studies in a wide variety of contexts, describing their depth and meaning both for entrepreneurship research and practice. Chapters illustrate a range of topics and research methods, including business model innovation in start-up companies, the challenges and opportunities for women entrepreneurs in STEM, and the use of technology signalling in explaining the performance of immigrant entrepreneurship in market economies. Presenting new scientific evidence in the field, together with research-informed policy and practical implications, the book demonstrates that a multitude of research approaches must be used to reflect the multi-dimensional nature of context in entrepreneurship. Warning against simplistic interpretations and superficial conclusions of research, this book will prove to be an invaluable resource for scholars and students of entrepreneurship. Its use of empirical studies will also be beneficial for practitioners in this field.

This is a guide to understanding entrepreneurial ecosystems: what they are, why they matter, and to whom they matter. Ben Spigel explores this popular new theory of economic development, locating the intellectual roots of ecosystems, explaining the practices and processes that allow ecosystems to support the creation and growth of innovative entrepreneurial firms. Investigating why some places are able to support innovative, high-growth entrepreneurship while others cannot, this book looks at the characteristics of entrepreneurial places in both developed and developing countries to identify the role of factors such as culture, social networks and economic history. Going beyond just the different combinations of different people and factors of a place, Spigel explores the social and economic processes such as learning and entrepreneurial recycling that power how ecosystems develop and influence high-growth venture creation. Entrepreneurship and economic geography scholars will appreciate the strong theoretical exploration of this new approach to understanding entrepreneurship. It will also be a helpful read for public officials, policy makers, and ecosystems builders looking to delve further into this prominent new concept in local economic development policy.

'An amazing portrait of how grifters came to be called visionaries and high finance lost its mind.' Charles Duhigg, bestselling author of The Power of Habit The definitive inside story of WeWork, its audacious founder, and the company's epic unravelling from the journalists who first broke the story wide open. In 2001, Adam Neumann arrived in New York after five years as a conscript in the Israeli navy. Just over fifteen years later, he had transformed himself into the charismatic CEO of a company worth $47 billion. With his long hair and feel-good mantras, the six-foot-five Neumann looked the part of a messianic Silicon Valley entrepreneur. The vision he offered was mesmerizing: a radical reimagining of work space for a new generation. He called it WeWork. As billions of funding dollars poured in, Neumann's ambitions grew limitless. WeWork wasn't just an office space provider; it would build schools, create cities, even colonize Mars. In pursuit of its founder's vision, the company spent money faster than it could bring it in. From his private jet, sometimes clouded with marijuana smoke, the CEO scoured the globe for more capital but in late 2019, just weeks before WeWork's highly publicized IPO, everything fell apart. Neumann was ousted from his company, but still was poised to walk away a billionaire. Calling to mind the recent demise of Theranos and the hubris of the dotcom era bust, WeWork's extraordinary rise and staggering implosion were fueled by disparate characters in a financial system blind to its risks. Why did some of the biggest names in banking and venture capital buy the hype? And what does the future hold for Silicon Valley 'unicorns'? Wall Street Journal reporters Eliot Brown and Maureen Farrell explore these questions in this definitive, rollicking account of WeWork's boom and bust.

In this timely book, Evan Douglas examines the limitations of the current models of entrepreneurial motivation. He proposes an expanded general model of entrepreneurial intention, which integrates both commercial and social entrepreneurs, and explicitly examines the motivation to innovate. In this new, integrated model of entrepreneurial intention, he explores the asymmetric data relationships and interdependencies of these four motivations that operate to result in multiple equally-valid pathways to entrepreneurial action. To discover the alternative configurations that culminate in entrepreneurial intention, Douglas advocates fuzzy-set qualitative comparative analysis, which complements traditional correlational methods and exposes additional information about individual motivation that is suppressed in sample-level correlational analysis. Innovative and insightful, this book is an excellent primer for higher-degree and academic researchers interested in what drives entrepreneurial actions. Public sector researchers developing entrepreneurial infrastructure, incubators and support services will also benefit from Douglas's exciting new model.

Building on the success of the first volume of Teaching Entrepreneurship, this second volume features new teaching exercises that are adaptable and can be used to teach online, face to face or in a hybrid environment. In addition, it expands on the five practices of entrepreneurship education: the practice of play, the practice of empathy, the practice of creation, the practice of experimentation, and the practice of reflection. This portfolio of practices leads to a holistic teaching approach designed to help students think and act more entrepreneurially under various degrees of uncertainty and across contexts. Here in Volume Two the editors and contributors demonstrate how the five practices are a framework for course development to help students make progress toward a more entrepreneurial way of thinking and develop the ability to find and create new opportunities with the courage to act on them. Educators trying to build entrepreneurship into their curriculum, from within and outside the business school, will find Teaching Entrepreneurship, Volume Two invaluable in developing experiential learning experiences.

Sustainable entrepreneurship and entrepreneurial ecosystems research is ever evolving and this timely book stimulates further exploration, offering a research agenda and alternative approaches. Presenting new scientific evidence together with policy and other practical implications, chapters demonstrate the vibrancy and diversity of approaches in the field. Chapters on sustainable entrepreneurship analyse the circular economy, entrepreneurial decision-making logics, the drivers of eco-process innovations and strategic sustainability decision-making. Entrepreneurial ecosystems are investigated through discussion of different ecosystem orientations as factors influencing entrepreneurial behaviour. This thought-provoking book concludes with consideration of the conditions predicting entrepreneurial activity or behaviour, including family background and the growth of social and commercial SMEs. This book's up-to-date analysis and practical insight will prove invaluable to scholars and researchers in entrepreneurship as well as other business and management academics, policy-makers and practitioners.

This timely book comprises detailed personal narratives of entrepreneurs who have worked towards peace in the Israeli-Palestinian conflict. It begins by offering an innovative framework of analysis based on scientific knowledge about social entrepreneurs, defining 'peace entrepreneurship' and mapping its unique characteristics. It also explains the narrative methodology used, and provides a short history of the conflict in the region. The book focuses on 11 life stories of Israeli and Palestinian entrepreneurs who have strived for peace through social ventures. Chapters discuss the various forms of social activism that peace entrepreneurs have pursued, the challenges that they have faced and the motivations behind their ventures. The editors conclude by considering the similarities and differences across the stories, offering insights into what drives people to act as peace entrepreneurs and what sustains their activities in the face of ongoing conflict. Documenting rousing and inspirational life narratives, this book is crucial for scholars and researchers of social entrepreneurship who are searching for new avenues of inquiry into ventures in a conflict context. It will also provide motivational reading for other practitioners of peace entrepreneurship, as well as policymakers working with social entrepreneurs in conflict zones.

Can you learn to be an entrepreneur in a week? The book focuses on short entrepreneurship education initiatives and includes eleven courses from European research-based universities. The book provides insights on best practice and lessons learned from experience for potential and current organizers of such initiatives. Entrepreneurship initiatives are a common response to top-down decisions to include entrepreneurship in all disciplines and study programs. There is often also a regional or societal goal for these activities. Different types of programme are analysed, from those aiming to instil an entrepreneurial mindset, those preparing the individual for an entrepreneurial career to those based on collaborations between universities. The authors make comparisons of the audiences, goals, organization and pedagogical approaches in each case to answer whether entrepreneurship can be taught in one week. By reading this book university managers, course designers and those delivering entrepreneurship initiatives will be able to make a more informed decision regarding if and how they should be organized. Contributors include: L. Aaboen, V.L. Ausrod, O. Belousova, A. Blesa, C. Cantu, S. Costa, S. Delanoe-Gueguen, A. Groen, J. Guldager, J. Heinonen, U. Hytti, P.P. Iglesias-Sanchez, A. Jacobsson, A. La Rocca, H. Landstroem, E.M. Laviolette, C.J. Maldonado, L. Martinez, G.-B. Neergard, A. Ouendag, M. Ripolles, C.A.F. Rosenstand, E. Simmons, R. Sorheim, P. Stenholm, C. Tollestrup

Elgar Research Agendas outline the future of research in a given area. Leading scholars are given the space to explore their subject in provocative ways, and map out the potential directions of travel. They are relevant but also visionary. This book makes the case for a change in the research agenda on entrepreneurship policy. An exemplary group of authors addresses the agenda for entrepreneurship policy researchers, policy makers and practitioners in the field. A key theme is the importance of context, which is particularly marked where policy transfer is attempted. Themes covered include monitoring and evaluation, policies to promote internationalisation and critical approaches to analysing public policy in the field. The book also presents national cases where relevant policy experience is judged as worthy of wider dissemination. These chapters focus on entrepreneurship policy issues in China, Japan, Russia, South Africa, Sub Saharan Africa and Poland. This book will be required reading for researchers and policy makers alike. A key message to researchers is the need to increase their understanding of the policy process as well as their engagement with policy makers. At the same time policy makers need to increase the use of systematically gathered evidence into the policy making process. Contributors include: N. Arshed, V. Barinova, H. Do, I. Drummond, X. Li, T. Mazwai, I. Mitsui, B. Ndemo, B. Piasecki, J. Potter, A. Rogut, D. Smallbone, D. Storey, M. Xheneti, J. Xu, S. Zemtsov

Illuminating and timely, this book explores several theoretical and empirical issues related to the potential for increasing capacities for innovation, knowledge and entrepreneurship. It highlights the current academic and political consensus that calls for policy interventions targeted towards more balanced, inclusive and regionally cohesive growth. Bringing together a wide range of cutting-edge case studies and research on regional potentials, the book explores the need for a focus on the regional inequality aspects of innovating, knowledge and entrepreneurship. Chapters analyse previously underexplored determinants of regional economic growth and development often overlooked in standard growth studies. They offer a deeper understanding of the drivers and implications of sub-national disparities in entrepreneurship and innovation in both developed and developing countries. Scholars and researchers of innovation, entrepreneurship, regional economics and spatial planning will appreciate the blend of empirical and theoretical viewpoints in the book. It will also be a useful tool for policymakers, planners and consultants involved in economic development and regional policies on different scales.

One key for success of an entrepreneur is to obtain sales (revenue) and profits as quickly as possible upon launching the venture. Entrepreneurial Marketing focuses on the essential elements of success in order to achieve these needed sales and revenues and to grow the company. The authors build a comprehensive, state-of-the-art picture of entrepreneurial marketing issues, providing major theoretical and empirical evidence that offers a clear, concise view of entrepreneurial marketing. Through an international approach that combines both theoretical and empirical knowledge of entrepreneurship and marketing, this book informs and enhances the entrepreneurs' creativity, their ability to bring innovations to the market, and their willingness to face risk that changes the world. Key components addressed include: identifying and selecting the market; determining the consumer needs cost-effectively; executing the basic elements of the marketing mix (product, price, distribution, and promotion); and competing successfully in the domestic and global markets through implementing a sound marketing plan. Numerous illustrative examples throughout the book bring the content to life. The mix of theoretical content, examples, empirical analyses, and case studies make this book an excellent resource for students, professors, researchers, practitioners, and policymakers all over the world.

This book is about innovation ecosystems, Clusters of Innovation (COI) and the Global Networks of Clusters of Innovation (GNCOI) they naturally form. What is innovation and why is it important to us? Innovation is nothing less than the ability for constructive response and adaptation to change. The cause and catalyst for that change is frequently identified as technology and its unceasing pressure to improve on existing solutions and address unmet needs. The last decade has painfully demonstrated that exogenous environmental shocks are also sources of change that call for innovative responses, ranging from the obvious challenges such as global warming and Covid-19 to the more subtle social and political perturbations of our time. Entrepreneurs, in collaboration with venture investors and major corporations can create a flywheel of constructive engagement, a cluster of Innovation, that helps build the resiliency of our communities to adsorb and rebound from these shocks. The process is enhanced when actively supported by government, universities, and other elements of the ecosystem. This book provides the tools for understanding this value creation process and the means to enhance it, in both emerging and mature innovation ecosystems. This book provides a framework for understanding innovation in mature and emerging innovation ecosystems to a wide swath of professionals and academics, from senior executives of major corporations, government leaders, public policy makers, and consultants, to academics, researchers, and educators.

This book addresses the different kinds of businesses launched by entrepreneurs and explains why their differences are so critical for our understanding of entrepreneurship. While entrepreneurs create a wide variety of businesses, overwhelming emphasis has been placed on explosive growth firms such as Facebook, Google, Amazon, Uber and Airbnb. Although important, these businesses represent less than one percent of start-ups. The book distinguishes four types of new ventures: survival, lifestyle, managed growth and aggressive growth. Underlying characteristics of each type are investigated, together with the resources, skills and capabilities necessary for their success. Issues that arise based on this typology are explored, including reasons why ventures of one type rarely change to become another, and how entrepreneurs determine which they should pursue. In addition, the authors introduce the 'portfolio' concept, where the need to develop a balanced mix of venture types is emphasized. The principal audiences for What Do Entrepreneurs Create? include entrepreneurship educators, scholarly researchers, public policy developers, economic development professionals, and community organizations striving to foster entrepreneurial activity.

This book describes the sustainable development journey of 15 business families committed to using their enterprises as a force of societal good. In turn, each family reaps benefits of high economic returns, while contributing to society and environment. The youngest family firm is in its 20s, while there are others over 100 years of age. Size, industry, locations vary. But all these business families share a deep shared commitment towards sustainable development, control over strategic decision-making in their firms and trans-generational continuity intentions. Family values embed their enterprises with a strong sense of purpose to achieve their chosen sustainable development goals. Professionalized systems and processes foster the development of capabilities, and partnerships with a variety of stakeholders ensure the simultaneous achievement of social, environmental and profitability goals. Educators, students, policy makers and business families interested in sustainable development will find new understanding of family business through Pioneering Family Firms' Sustainable Development Strategies.

Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world's leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. This important Advanced Introduction considers the multiple ways in which law and entrepreneurship intertwine. Shubha Ghosh expertly explores key areas defining the field, including lawyering, innovation policy, intellectual property and economics and finance, to enhance both legal and pedagogical concepts. Key features include: a survey of critical scholarly articles in the field of law and entrepreneurship analysis of challenges to legal professions in the new technological environment traces the roots of law and entrepreneurship to scholarly study of intellectual property. This Advanced Introduction will be a useful resource for scholars and instructors in law and business schools who teach courses on innovation and entrepreneurship. Students at both undergraduate and postgraduate levels will also appreciate the insights provided into the basic concepts, methods and future research directions.