Suchergebnisse

There has been an explosion of interest in entrepreneurs in the popular media, as well as in business, policy, and education. But what do entrepreneurs do? What is entrepreneurship and why is it important? What is distinctive about entrepreneurs? And where do they come from? In this Very Short Introduction Paul Westhead and Mike Wright weave a pathway through the debates about entrepreneurship, providing a guide to the entrepreneurial process. They look at how the actions of entrepreneurs are shaped by the external environment and availability of resources, consider the types of organizations

This exploratory study conducted in the transitional context of Ukraine explores whether students drawn from a supportive entrepreneurship education (EE) reported higher intensity of entrepreneurial intention (IOEI) than students that did not participate in EE. Further, this study explores what specific competencies honed within a supportive EE are associated with students reporting high IOEI. Guided by competency theory, two hypotheses were tested with regard to a representative sample of 125 business EE students, and a further 64 engineering students that had never participated in EE. EE students drawn from a supportive educational entrepreneurial ecosystem were found to be associated with significantly higher IOEI. With regard to 13 competencies honed by EE, it was found that only three competencies (the ability to identify high quality opportunities, computer literacy, and networking) were significantly albeit to a weak degree associated with higher IOEI. Additional studies are warranted in several former Soviet Union contexts to provide a rigorous evidence base to guide resource allocation decisions of the government with regard to supporting EE and entrepreneurial ecosystems. This exploratory study relating to the sample of students in one entrepreneurial ecosystem in the Ukraine does not provide conclusive evidence for the government to more proactively support the educational entrepreneurial ecosystem with regard to its current content and delivery.

This study explores the perceived benefits of a science park location in the UK for independent technology-based firms. Property needs of independent science parks firms were compared with the property needs of a 'control' group of similar firms located off-park. Factors which influenced owner-managers to locate their ventures on a science park or an off-park location were ascertained. Further, the perceived benefits of selected locations were explored. Conclusions and implications for policy-makers and practitioners are detailed.

Despite a number of success stories presented in the media, not all habitual entrepreneurs are consistently successful. This book sheds light on the phenomenon of habitual entrepreneurship, and highlights the heterogeneity of habitual entrepreneurs by drawing attention to serial and portfolio entrepreneurs

Building on the resource-based view of the firm and signalling theory, we challenge the traditional perspective that spatial proximity benefits can be leveraged by university spin-outs (USOs) located in the South East of England (particularly those drawn from 'star' golden-triangle universities with additional reputational benefits), and that USOs located elsewhere will be constrained from obtaining first formal venture capital (VC) required for venture development. With the aid of a longitudinal database of 134 USOs involving unique archival and survey data, event-history analysis identified, counter to the traditional perspective, that USOs located outside the South East of England were significantly more likely to obtain formal VC. Also, counter to the spatial proximity benefits view, star golden-triangle USOs were not significantly more likely to obtain VC. Our evidence supports a spatial mismatch view between investors and investees. Resource-combination signals sent by USOs and favourably received by VC firms were found to differ according to USO location context: USOs located outside the South East of England and star golden-triangle universities that signal the credible presence of habitual founders were more likely to obtain VC. USOs located outside star golden-triangle universities that had previously obtained publicly backed equity finance were also more likely to obtain VC. However, USOs located in the South East of England with reputable management teams were most likely to obtain VC.

An important policy challenge is the provision of support for small and medium sized enterprises (SMEs) seeking to internationalize. To guide practitioner resource allocation decisions, recent conceptual and empirical developments relating to SME internationalization are discussed. Different perspectives on internationalization are critically reviewed with regard to the following seven themes: the timing of internationalization; the intensity and sustainability of internationalization; the mode of internationalization; the influence of domestic environmental context on internationalization; the leveraging of external resources to internationalize; the unit of analysis; and the effect of internationalization on SME performance. Assuming an interventionist stance, a case for more balanced policy support towards SME internationalization is suggested that takes into account the diversity of SMEs (and entrepreneurs). Implications for researchers are discussed.