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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.
A complex mix of attitudes, traits, motives, skills, capabilities, styles and mental mindsets contributes to entrepreneurial leadership. The current volume brings together perspectives from leading scholars in the entrepreneurship and management disciplines that inform our understanding of the nature of, requirements for, and implications resulting from entrepreneurial leadership. This important book is organized into eight key leadership imperatives: igniting entrepreneurial action; establishing entrepreneurial control; understanding entrepreneurial motivation; encouraging entrepreneurial ethics; formulating entrepreneurial strategy; dealing with entrepreneurial failure; creating entrepreneurial environments and demonstrating leadership and vision. This collection will serve as a vital reference for scholars, teachers and doctoral students who wish to read and examine the most significant literature in the entrepreneurial leadership domain.
I am a believer in the concept of the entrepreneurial university, and think our institutions of higher learning must learn to think and act in more entrepreneurial ways. The kind of entrepreneurial culture which this book champions can transform student lives, invigorate university campuses, and make a fundamental difference in our communities.' - Burns Hargis, President, Oklahoma State University, US'At IU's Kelley School of Business, we believe in the power of entrepreneurial thinking, with a relentless pursuit of excellence in the research and teaching of entrepreneurship and innovation across our entire campus. This book on 'academic entrepreneurship' offers one of the most comprehensive approaches to understanding the framework and strategies for building effective entrepreneurship programs within universities today. I truly believe all universities, regardless of their current stage of development of their entrepreneurship programs, will materially benefit from the ideas in this book.' - Daniel C. Smith, former Dean, Kelley School of Business, Indiana University and current CEO, Indiana University Foundation, US After more than 30 years of impressive growth, what have we learned about building world-class entrepreneurship programs within universities? After tracing the evolution of entrepreneurship within institutions of higher learning, the authors explore the key elements that constitute a comprehensive entrepreneurship program. Best practices at leading universities and differing kinds of academic environments are highlighted. They examine multiple aspects of program management and infrastructure, including curriculum and degree program development, where entrepreneurship is administratively housed, how it is organized, and approaches to staffing and resource acquisition. The perspectives shared in the book enable university presidents, entrepreneurship students, provosts, deans, entrepreneurship program directors, faculty members, and others to better capitalize upon the empowering and transformative potential of entrepreneurship. Contents: Preface Part I: The Entrepreneurial Imperative within Universities 1. The Evolution of Entrepreneurship in Universities 2. Organizational Structures for Entrepreneurship Programs 3. Assessing Program Outcomes: Towards a Competency-based Approach Part II: Developing the Entrepreneurial Curriculum 4. Establishing the Core Curriculum 5. Designing Degree Programs 6. Experiential Learning in Entrepreneurship Part III: Co-Curricular Entrepreneurship Support Programs 7. Hatcheries, Accelerators and Incubators 8. Student-run Ventures 9. Business Plans, Business Models and Elevator Pitch Competitions 10. Mentoring Programs, Entrepreneurship Clubs and Learning Communities 11. Study-abroad Programs in Entrepreneurship Part IV: Outreach Programs in Entrepreneurship 12. Technology Commercialization and Entrepreneurship Programs 13. Best Practices in Community Engagement 14. University Seed Funding Programs Part V: Supporting Campus-wide Programs in Entrepreneurship 15. University-wide Entrepreneurship 16. Addressing Resource Needs Conclusion: The Ongoing Revolution Index
* Covers the entire new venture management process, from ideas to finance to HRM * Now includes international cases in all chapters * Offers a complete and contemporary business plan for students to follow * Includes material on the latest issues in entrepreneurship, such as equity crowdfunding and 'blitzscaling'
This is the 25th volume in the Advances in the Study of Entrepreneurship, Innovation, and Economic Growth, which has led the field with insightful and forward looking perspectives on topics for 25 years. Papers in this volume focus on topics, perspectives, challenges, and visions of scholars in the area of entrepreneurship as well as in ethics in light of dramatic changes across the global environment of entrepreneurship and innovation. This volume builds a body of scholarship specific to ethics and entrepreneurship by providing the latest perspectives on how ethics is impacted by or impacting the entrepreneurship field. Scholars examine the most current topics, perspectives, challenges, and visions in the area of ethics and entrepreneurship and reflect the sense of urgency and commitment to creating a generation of ethical entrepreneurial leaders. The contributors have created a framework for the ethical challenges involved with entrepreneurship and innovation within today's global environment.
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.
* Covers the entire new venture management process, from ideas to finance to HRM * Now includes international cases in all chapters * Offers a complete and contemporary business plan for students to follow * Includes material on the latest issues in entrepreneurship, such as equity crowdfunding and 'blitzscaling'
The new disruptive age in technology has presented a strategic game changer for most organizations. The severe modifications in complete industries and unpredictable market conditions have created significant challenges for simple organizational survival, let alone providing an avenue for growth, innovation, and new ventures. These conditions have fostered a greater need for corporate innovative activities and a better understanding of the corporate entrepreneurial process within such an environment. This volume focuses on the greatest challenges that exist in Corporate Entrepreneurship in this disruptive age, and explores the complications posed by the dynamic environment that all organizations of today are forced to confront. It addresses the need for a better understanding of the role of external socio-cultural, economic and market conditions upon the managerial and leadership decisions and actions in pursuit of Corporate Entrepreneurship strategies.
This volume presents some of the most important 'debates' that exist in the field of Entrepreneurship today. It brings together leading scholars, deriving contributions from special sessions designed by the Global Consortium of Entrepreneurship Centers (GCEC) to discuss both sides of these 'great debates'. Topics include: "Is the Business Plan Really Dead and Should It Be," "Does the Lean Start up Deserve all the Hype?" "Entrepreneurial Ecosystem - Weak Metaphor or Genuine Concept?" "Teaching vs. Doing - Is there a Role for Lecture and Content in Entrepreneurship Education?" "Should Centers Be Controlled Centrally?" and "Is a Bachelor's Degree in Entrepreneurship Worth It?".
We are pleased to present this 2nd edition of Technological Innovation, originally published in 2008. Profiting from technological innovation is a key strategic challenge in technology-intensive industries because it requires not only scientific and engineering expertise, but also an understanding of how business and legal factors facilitate commercialization. This volume presents a multidisciplinary view of issues in technology commercialization and entrepreneurship. Chapters cover commercializing inventions in the context of the legal system and the complementary assets needed; the benefits and liabilities associated with multidisciplinary commercialization teams, including a basic guide to patents and designs; elements of strategy, including industry analysis and strategy, marketing strategy, and alliances; and finally, the financial issues in commercialization.
The complex global environment for entrepreneurship and innovation has experienced significant change during the past decade requiring a deeper understanding of economic, capital, technological, environmental, and social forces in order for this generation to realize sustained success. University based entrepreneurship is at the nexus of this environment. Students of entrepreneurship and the faculty that are educating the innovation workforce are uniquely positioned as agents in the movement of discovery and innovation. This volume seeks to demonstrate how the entrepreneurship field looks to reshape and prepare tomorrow's highly sophisticated entrepreneurial generations. ASEIEG is a product of organized university-based entrepreneurship programs through the Global Consortium of Entrepreneurship Centers (GCEC). The GCEC stands as the premier leadership organization addressing the emerging topics of importance to the world's university-based centers for entrepreneurship. GCEC has become the principal vehicle by which the top and emerging centers can work together to share information with one another in advancing and strengthening the contributions and impact of individual centers.
Mike Wright passed on November 25, 2019. His scholarship, contributions and academic leadership spanned a plethora of scholarly disciplines and research fields, ranging from entrepreneurship to finance, management, economics, and international business. Among his many scholarly accomplishments, aside for defining multiple areas within entrepreneurship, Mike served as Editor of this journal, Foundations and Trends in Entrepreneurship, and was an elected member of the 21st Century Entrepreneurship Research Fellows. Entrepreneurship, Finance and Management: Essays in Honor of Mike Wright reflects the respect, affection and high esteem that his colleagues held for him. Herein is a collection of reflections paying tribute to Mike Wright, as a scholar, as an academic leader and scholarly innovator, and as a special person.
Despite the recent expansion in corporate entrepreneurship research, the theoretical and empirical knowledge about the domain of corporate entrepreneurship and the entrepreneurial behavior on which it is based are still key issues that warrant a deeper understanding. Ongoing scholarly work has also raised new and important research questions and identified further theoretical avenues requiring exploration. Corporate Entrepreneurship 2.0 organizes and reviews the significant research work that has been done in the corporate entrepreneurship literature over the years and suggests potential future directions for researchers.
You "can" get there Where do you want to go? You might already be managing a small business and may be looking to expand your skills. You might be setting out on a new career path. Or, you might want to learn more about exciting opportunities in small business management. Wherever you want to go, "Wiley Pathways Small Business Management" will help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you learn fundamental concepts of running a small business; it also helps you master the core competencies and skills you need to succeed in the classroom and in the real world. The book's brief, modular format and variety of built-in learning resources enable you to learn at your own pace and focus your studies. With this book, you will be able to: Understand and apply the essentials of managing a small business. Write a practical business plan. Obtaining the financing you need to start your business. Choose a legal form for your venture. Effectively market your business. Develop and work with a budget. Understand the taxes and the laws that apply to your business and how to minimize your exposure. Manage your business's inventory. Be aware of the ethical issues involved in running your business. Use e-commerce to build your business. "Wiley Pathways" helps you achieve your goals When it comes to learning about business, not every student is on the same path, but every student wants to succeed. The business series in the new "Wiley Pathways" imprint helps you achieve your goals. The books in this series--"Marketing, Business Communication, Finance, Business Math, Real Estate, Small Business Management, Supervision, Project Management, Selling," and "Personal Finance"--offer a coordinated curriculum for learning business. Learn more at www.wiley.com/go/pathways.
This innovative book will be a useful and trusted reference throughout your career, no matter which company or industry you work within. CORPORATE ENTREPRENEURSHIP & INNOVATION is a one-of-a-kind book for the emerging business arena of entrepreneurship and innovation. Built on years of research and experience, the book employs a clear and informative how-to approach and features sections and chapters organized according to a summary model of the corporate entrepreneurship process. This groundbreaking book fulfills a real business need, because many executives consider entrepreneurial behavior a key to sustaining their companies' competitive advantage, but few possess genuine knowledge of the subject or understand how to apply it. The Third Edition of CORPORATE ENTREPRENEURSHIP & INNOVATION provides detailed, actionable answers to the "what," "how," "where," and "who" questions surrounding corporate entrepreneurship, giving you the knowledge and skills to take a leadership role in today's dynamic business environment.
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