Foundations Of Entrepreneurship Research Articles

Research on the Theoretical Tracing and Application of the Course Construction of "Foundation of Entrepreneurship" in Universities

Research on the Theoretical Tracing and Application of the Course Construction of "Foundation of Entrepreneurship" in Universities

Research on the Teaching Reform Design of "Foundation of Entrepreneurship" Course Based on 4S Concept -- A Case Study from Hebei GEO University, China

Research on the Teaching Reform Design of "Foundation of Entrepreneurship" Course Based on 4S Concept -- A Case Study from Hebei GEO University, China

Educational Background and its Role in Entrepreneurial Success of Startup Entrepreneurs: An Empirical Study

Entrepreneurship is now a crucial driver of economic growth in present day's dynamic business landscape. As the number of startups continues to proliferate, understanding the factors that contribute to entrepreneurial success becomes imperative for entrepreneurs, policymakers, and educators. Among these factors, the educational background of startup entrepreneurs has garnered significant attention. Education can provide individuals with a diverse set of skills, knowledge, and competencies that are valuable in the entrepreneurial journey. Academic qualifications, specialized training, and exposure to relevant industry practices can equip entrepreneurs with the necessary tools to navigate the challenges of starting and scaling a business. But it is also to be recognised that entrepreneurship is a complex and multifaceted endeavour, nuanced by a wide array of factors beyond formal education. This paper explores the connection between educational background and the entrepreneurial success of startup entrepreneurs. The study highlights the importance of a holistic approach to education that combines academic learning with practical exposure and skill development.it highlights the significance of education as a foundation for entrepreneurship. The findings aim to stimulate further research and inform policymakers, educators, and aspiring entrepreneurs on the potential benefits of educational experiences in fostering successful startup ventures. Researcher had considered 239 entrepreneurs to conduct the study survey and know the factors that determines the role of educational background in entrepreneurial success of startup entrepreneurs and found that identifying an opportunity, Developing Business Plan, Managing the Enterprise and Skills and Resources are the factors that determines the role of educational background in entrepreneurial success of startup entrepreneurs

Social innovation, a foundation of entrepreneurship: Case of the Moroccan ecosystem

Social innovation, a foundation of entrepreneurship: Case of the Moroccan ecosystem

Entrepreneurial opportunity recognition: a bibliometric overview and clustering analysis

PurposeEntrepreneurship is the driving force of countries for sustainable economic development. The importance of this issue is to the extent that in recent years, countries have made great efforts to develop their entrepreneurial ecosystem. But the starting point for entrepreneurship is when an opportunity is identified and the entrepreneur rises to use it. Accordingly, opportunity recognition will be the foundation of entrepreneurship and ultimately sustainable development. Given the importance of this topic, this paper attempts to provide a large picture of the studies conducted in this field.Design/methodology/approachGiven the importance of this topic, this paper attempts to provide a large picture of the studies conducted in this field by reviewing 868 articles published on the Web of Science database in the field of opportunity recognition. Accordingly, using statistical descriptions of articles, analyzing the communication network among elements such as authors, countries, institutions, keyword analysis in articles and examining their trends over time, identifying the most important articles using co-citation analysis and finally this macroimage has been mapped, clustered and identified in leading articles in the last decade by co-citation clustering.FindingsThe results of the clustering show that the five main clusters of recent decades have included entrepreneurial characteristics and opportunity recognition, macroeconomic opportunity recognition cluster (community and impact on economic development of the country), opportunity recognition process cluster, opportunity recognition cluster in serial and intra-entrepreneurship and opportunity recognition cluster in new venture internationalization.Originality/valueUsing a bibliometric analysis and co-citation analysis in the field of opportunity recognition and making a big picture of studies in this field of study is a contribution that can be used for future studies and researchers and managers in this field.

Digital Platform Ecosystems as Living Labs for Sustainable Entrepreneurship and Innovation: A Conceptual Model Proposal

The main idea of the paper is to combine modern research methods (as living labs that enable research in a real-life setting) with the new technological opportunities for entrepreneurship and innovation development (as digital platforms) to search for innovative solutions, while addressing the sustainable development problems. Thus, the paper aims to explain how real value for society is created within digital platform ecosystems and how they employ to this end novel solutions that better address existing social problems. Consequently, it proposes a conceptual framework to research and develop sustainable entrepreneurship and innovation with the use of digital platforms. This research study takes a synthesizing conceptual approach that seeks to integrate the existing knowledge drawn on two major streams of research: living labs as a methodology and digital platform ecosystems to enrich the theory of sustainable entrepreneurship and innovation development. The paper contributes to the body of knowledge by proposing a novel conceptual model of digital platform ecosystems as living labs for sustainable entrepreneurship and innovation. The model depicts digital platform ecosystems examined as living labs and the implicit processes that include platform users in problem-solving and value-creation in real-life settings. The novelty of the model stems from framing these processes that capture the relationship between individuals and opportunities as the foundations of entrepreneurship and the relationship between the problem space and the solution space, where the opportunities occur.

Recognition and description of synergy conditions in team work in view of the grounded theory

Developing an organisation of the future requires growing potential that will create the foundations for entrepreneurship, innovative activities and sustainable development. Every unit in the organisation's structure is to be a part of this but only team work gives the opportunity to engage the multi-directional potentials in the process. The enhanced cooperation enables any team to achieve exceptional results and the synergy effect. In this context, the value for the development of an organisation is the ability to recognise this phenomenon and indicate the circumstances of its occurrence. In the article, the grounded theory strategy applied in the research, is presented as a method enabling recognition and description of synergy conditions in a team. And based on the methodology, the author aims at explaining the factors deciding on the quality of team work. Given, however, the multidimensional nature of the research on synergy, the main objective of the article is to outline the developed research procedure first stage’s endeavours and to discuss the qualitative findings. The employed approach allow keeping apt sequence of delivering empirical evidences proving that synergy is a function of state. The applied concept of grounded theory enabled the researcher to see the key definitions and to indicate variables that would explain the conditions influencing the effectiveness of teams functioning. The ability to present the first part of the findings is, in fact, an opportunity to fortify the voiced arguments that the creative approach, entrepreneurial activity, and social capital are vital to establish the synergy effect in team work. Furthermore, the findings clearly support the concept that synergy is a feature of a team that emerges at specific time, when the team reaches a particular level of relation quality. On top of that, the acquired findings also present that team proficiency and potential growth are, at all times, strengthened by the ability to perceive and implement the synergy effect.

Book review: Trust: Creating the foundation for entrepreneurship in developing countries

Book review: Trust: Creating the foundation for entrepreneurship in developing countries

Organizational Emergence: The Impact of Entrepreneurs' Behaviors on External Financing

Research on entrepreneurs’ acquisition of external financing focuses on their attitudes toward risk, and investors’ perceptions of the venture. This study investigates the discrete behaviors undertaken by nascent entrepreneurs. Exploration of the shape of individual hazard functions determines when external financing is received, and relationships between external funding and predictor variables link characteristics of the venture to action. Based on nationally representative data from the PSED II, nascent entrepreneurs receive financing late in the process: 2 years, 5 months after initial conception of the business idea. Entrepreneurs with a higher net worth, starting ventures at dedicated locations outside the home, are more likely to acquire external financing earlier. This study sheds light on the heterogeneity of entrepreneurial acts, one of the micro- foundations of entrepreneurship.

Strategic entrepreneurship and intrapreneurial intensity

Problem: the concept of strategic entrepreneurship remains underdeveloped. Research question: how can various aspects of strategic entrepreneurship provide us with more insight into intrapreneurial intensity? Purpose: to shed some light on the concept of strategic entrepreneurship. The aim is to discuss three aspects of strategic entrepreneurship: risk, knowledge processes and value creation. Methodology: conceptual generalization. Findings: 1. A mini-theory is developed on the basis of the insights reached. 2. A development of Kirzner’s concept of hidden knowledge as the foundation for entrepreneurship and innovation in organizations

Institutional Foundations of Entrepreneurship in Global Contexts

Developing and underdeveloped nations across the globe face issues ranging from lack of rule of law and scarce resources to conflict and violence. These issues are not only hurdles for the economic...

Actio institoria oraz actio exercitoria jako „powództwa o charakterze dodatkowym” – zagadnienia wybrane

The objective of this article is to present the basic problems related to the actio institoria and actio exercitoria. Those actions belonged to the category of so-called actiones adiecticiae qualitatis, actions of praetorian origin, which are considered to be a foundation of entrepreneurship in ancient Rome. They were contractual legal remedies available to a third party against master or pater familias of his contractor. The actions institoria and exercitoria had a particular significance for Roman business: the actio exercitoria applied where a shipowner (exercitor) had put his slave, son, or even a free third person in command of a ship, and the agent made a contract incidental to the affairs thereof; the actio institoria lay where a man has instituted a slave, son or a free third person his agent entrusted to management of the shop or of some piece of business, and the agent made a contract related to it. The article consists of preliminary observations, description of issues connected with actiones adiecticiae qualitatis in general, and presentation of the basic issues related to actio exercitoria and actio institoria.

Cracking the Marketplace of Ideas

Philip Delves Broughton is a journalist, management writer, and best‐selling author of two books. Philip was a journalist with The Daily Telegraph for ten years, latterly as Paris Bureau Chief (2002–04) before he took an MBA at Harvard, which became the subject of his first book, the best‐selling What They Teach You at Harvard Business School. Philip writes regularly for The Financial Times, The Wall Street Journal and The Spectator. From 2009–2010, he spent several months at Apple writing case studies for Apple University, its internal management program, and now works with The Kauffman Foundation for Entrepreneurship and Education. His most recent book The Art of the Sale: Learning from the Masters about the Business of Life is an ‘insightful scholarly treatise on sales’ with a global perspective on this critical business function.

Growing artificial entrepreneurs

PurposeThe aim of this paper is to offer agent‐based modelling (ABM) as an alternative approach to advance research in entrepreneurship. It argues that ABM allows entrepreneurship researchers (i.e. the designers) to find better ways in generating entrepreneurial outcomes by understanding alternative histories and examining a plausible future.Design/methodology/approachThis paper begins with an overview of ABM, and discusses the shared conceptual foundations of entrepreneurship and ABM as the motives for the adoption of ABM as an appropriate methodology to study entrepreneurship. It offers a roadmap in using ABM approach for entrepreneurship research and illustrates this using a contemporary research question in entrepreneurship: the study of success/failure in business venturing.FindingsThis paper suggests the shared foundations between ABM and entrepreneurship as the basis for bringing the methodology and research domain closer. It offers a roadmap for advancing entrepreneurship research using agent‐based simulation approach and explains the contribution of ABM to further advance entrepreneurship research.Originality/valueThis paper addresses the methodological gap in entrepreneurship research and develops the argument for a wider adoption of ABM simulation approach to study entrepreneurship. It bridges the gap by examining the possibility of formalizing entrepreneurship processes by grounding an agent‐based model on empirical facts and generally‐accepted foundations of entrepreneurship. It offers a contribution to the literature by showing that ABM is a useful and appropriate methodological approach for entrepreneurship research in addition to the conventional variance and process approach.

Where Is Social Work in the Social Entrepreneurship Movement?

Although the business and public policy communities have ignited a national movement toward embracing social entrepreneurship as a laudable enterprise and a critical piece in addressing social problems, social work remains notably absent from the discussion and definition of this field. Though the values and practices of social entrepreneurship are closely aligned with social work, social work scholars and institutions have been less at the forefront of this movement than have representatives of other disciphnes. The Skoll Foundation, a leading agent for developing and promoting social entrepreneurship, listed three exemplary social entrepreneurs in their description of the concept (the document, Foundations of Entrepreneurship, has since the time of this writing been taken down; for general information, see http:// www.skollfoundation.org/). Among those listed is Jane Addams, founder of Hull House and one of the most influential figures in social work history. Yet social work has done little to align itself with the movement of social entrepreneurship. There remains an opportunity for the field of social work to avail itself of the resources and knowledge created by this movement and to infuse social work knowledge into the study of social entrepreneurship. Understanding the history and definition of social entrepreneurship helps to define potential roles and contributions for social work and provides an opportunity to explore their congruence and potential connections. DEFINITION OF SOCIAL ENTREPRENEURSHIP Consideration of the role of social work in the social entrepreneurship movement requires an understanding of the concept. Although there has been some debate about the definition of social entrepreneurship (Christie & Honig, 2006; Mair & Marti, 2006), common to all definitions is the goal of creating social value or mission rather than personal gain or financial wealth (Peredo & McLean, 2006). Bill Drayton, founder of Ashoka, a leading global organization that identifies and promotes social entrepreneurs, is generally credited with the term's origin. His famous statement embodies the concept: Social entrepreneurs are not content just to give a fish or teach how to fish. They will not rest until they have revolutionized the fishing industry (see http://usa.ashoka.org/social-entrepreneurs-are-not-content-just-givefish- or-teach-how-fish). Scholars have argued over whether social entrepreneurship has specific ingredients, including particular responses or specific characteristics of the entrepreneur. Dees (1998) defined social entrepreneurship as the combination of social mission with business discipline, innovation, and determination to respond to social needs. Martin and Osberg (2007) described social entrepreneurship as a response to an opportunity to create an out-of-the box solution to a novel problem. They described three components: (1) identification of a stable but unjust equilibrium; (2) creation of a transformational social response; and (3) the result being a new, stable equilibrium that alleviates suffering of the identified group. Their definition clarifies that social service provision, creation of local programs, and social activism that creates change through indirect action are not included. Some scholars have suggested that social entrepreneurs have certain characteristics like a willingness to accept above-average risk, being unusually resourceful (Peredo & McLean, 2006), or having a strong ability to seize presented opportunities (Thompson, 2002). In 2006, Light argued for a more inclusive definition. He defined social entrepreneurship as the effort of an individual, organization, network, or group of organizations to create large-scale, sustainable change by shifting an approach to solving social problems. He argued against the notion of a heroic, risk-taking individual, forwarding instead a concept that celebrates working together in novel ways to solve social problems. …

Foundations of Entrepreneurship

The purpose of this course is to explore the many dimensions of new venture creation and growth and to foster innovation and new business formations in independent and corporate settings. This course uses and integrates many of the disciplines in the MBA curriculum. This course appeals to individuals who have a strong desire to become an entrepreneur, or work in a startup, early stage or entrepreneurial minded company that may be pursued now or later in their careers. It also is for those individuals who are considering obtaining jobs in consulting, venture capital, or investment banking where they are dealing with new or relatively new ventures. This special section of Foundations of Entrepreneurship will focus on social entrepreneurship. We define social entrepreneurship as the process of using business skills to create innovative approaches to societal problems. These nonprofit and for profit ventures have a social mission and aim to be financially self-sustainable or profitable. This section is designed to teach students about all aspects of the traditional business planning process, with particular attention paid to the challenges of social venture creation. Topics will include opportunity assessment, business models in the social sector, acquiring the necessary resources to grow a new venture, and the tradeoffs between social and financial returns on investment. Students are expected to complete a semester long project (a social venture plan or case study) to be evaluated by classmates, faculty and an outside panel of practitioners. Students will also be expected to attend one outside class session during the semester. These field trips provide the opportunity for students to learn from experienced practitioners in the field.

David A. Harper (2003) Foundations of Entrepreneurship and Economic Development, New York: Routledge, 267 pp.

David A. Harper (2003) Foundations of Entrepreneurship and Economic Development, New York: Routledge, 267 pp.

The Foundations of Entrepreneurship

The Foundations of Entrepreneurship

Promoting the 'Civic' in Entrepreneurship: The Case of Rural Slovakia

The literature on entrepreneurship emphasizes the importance of the characteristics of individual entrepreneurs, their social networks, and the broader economic, cultural and political institutional landscape. In Slovakia and many of the emerging market economies of Eastern Europe, attention to social and cultural concerns and the institutional framework to support economic development was given insufficient attention at the beginning of the transition to capitalism. This paper shows the importance of social and cultural norms and experiential learning in providing the foundation for entrepreneurship and economic development. It presents a successful rural development model from Slovakia, which used mini-grants to build individual and community capacity for civic entrepreneurship as a precursor to economic entrepreneurship.

Entrepreneurship and female youth: knowledge, attitudes, gender differences, and educational practices

Rapid expansion of creative opportunity recognition and business venture development suggests that the United States is experiencing a sea change with respect to entrepreneurship. Although trends and projections indicate that women will play an increasingly important role in the entrepreneurial development of the economy, little is known about what female youth either understand or think about entrepreneurship. Prompted by these underlying considerations, this study investigates survey data from a national sample of female and male high school students concerning their entrepreneurship knowledge and attitudes—and whether there are any significant gender differences in these areas. The Gallup Organization collected the study data from a sample that included approximately 1,000 males and females. The results derived from logit analysis of the data suggest that there are many similarities between females and males with respect to their knowledge of and opinions about entrepreneurship; however, they also exhibit significant gender differences in several areas. The study's findings lead to important curricular implications for entrepreneurship education in the nation's schools, especially in relation to females. Both males and females exhibit a low level of entrepreneurship knowledge. Females, however, are more aware of their deficiencies in this knowledge area than are their male counterparts. Both sexes believe that further education can correct the knowledge problem. Although very interested in starting a business, females still are significantly less likely than males (62% vs. 72%) to want to start a business of their own. Both females and males overwhelmingly believe in the importance of giving back to the community—which goes beyond providing jobs. The findings of this study also suggest a significant paradox in the “pre-entrepreneurial” characteristics of female and male youth. Whereas the majority of students aspire to start their own businesses, they hold certain views that could be detrimental to entrepreneurial success. For example, more than half of the youth sampled believe that price changes are objectionable business responses to shifts in the cost of production or to changes in market demand. This pattern of response, moreover, is significantly more apparent in females than in males. The results of this study provide compelling evidence in support of the need to initiate or improve the entrepreneurship education of our nation's youth. Their contributions may be strongly influenced by the foundation for entrepreneurship that is provided in the formative years of their education. Entrepreneurship education should focus on key entrepreneurship concepts, as well as the fundamental linkages between the dynamics and assumptions of a competitive market system and the concepts and practices of entrepreneurship. Two examples of educational programs that meet the particular needs of female youth with respect to these issues, as well as other key requirements for entrepreneurship education, are described in the final section of the study.