RING IN THE NEW.

No author [2006-01-01]

Periodical

pages 1

The article presents the author's comments on the changes brought about in the journal "Entrepreneur." The author wants to thank the team at Pricewaterhousecoopers LLP for giving the author and his team the opportunity to help craft their Trendsetter Barometer survey, which interviews CEOs of fast-growth private companies. Several new columns have been added to the journal including one about growing a business on eBay and another "Global Village," on expanding internationally. This magazine is only a part of what constitutes Entrepreneur Media.


EMPREENDEDORISMO EM ORGANIZAÇÕES SEM FINS LUCRATIVOS, EMPREENDEDORISMO SOCIAL E HIBRIDISMO: IGUAIS, SIMILARES OU DIFERENTES?

by Laurett, Rozélia, Wagner Mainardes, Emerson, Finisterra do Paço, Arminda Maria, Maia Sidoncha, Idalina [2018-07-01]

Academic Journal

pages 21


Opportunities Everywhere.

by Feifer, Jason [2018-10-01]

Periodical

pages 1

The article presents the author's views on the concept of entrepreneurship which is a mindset and not a career choice. He associates entrepreneurship with wearing an augmented reality glass where things just appear as inactive opportunities. Also emphasized is the prevalence of opportunities everywhere where there is an identical parts of thrill in seeking opportunities and the anxiety of failing to find opportunities at all.


THE ROLE OF ENTREPRENEURSHIP IN STIMULATING ECONOMIC GROWTH. A VIEW FROM THE TOP.

by CRISTINA, MANCIU VENERA, SUZANA, DEMYEN [2016-11-01]

Academic Journal

pages 6

The present paper aims at illustrating the role of entrepreneurship in generating economic growth. The first part consists in a view from the top regarding the theoretical framework for the concept of "entrepreneurship", "entrepreneur" and highlights, also, the main difficulties and opportunities faced by an entrepreneur when starting a business. The second part presents a brief overview of the key indicators regarding entrepreneurship, mentioning the main scores achieved by Romania in case of each of them. We also made a correlation between the new business ownership rate and the GDP of Romania, study which take into consideration a period of ten years and tries to highlight the impact of the above mentioned scores upon the economic growth of our country. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 19

Frank Fetter’s contributions to entrepreneurship and the theory of the firm are usually overlooked although his original treatments are relevant to both the history of economic thought and contemporary entrepreneurship research. This article highlights three ways in which Fetter’s work adds to our understanding of the entrepreneurial process. First, entrepreneurs direct their enterprises through the careful delegation of authority to managers, thereby maintaining residual control over the firm; similar views were pioneered by Frank Knight and the Austrian economists who continue to study cognate problems like judgmental decision making and proxy-entrepreneurship. Second, Fetter foreshadows Knight’s influential distinction between risk and uncertainty by arguing that entrepreneurs bear uncertainty through their investment decisions. However, Fetter extends Knight’s work by explicitly considering the role that chance and luck play in entrepreneurial success, a problem still debated in entrepreneurship studies. Third, Fetter argues that scarcity implies the active investment of resources, and thus the need for entrepreneurship. This view hints at current research on entrepreneurialbricolageas well as work emphasizing investment rather than opportunity as the defining concept of entrepreneurship. It also provides the microfoundations for strategic entrepreneurship research. [ABSTRACT FROM AUTHOR]


Initiating consensus: stakeholders define entrepreneurship in education.

by Omer Attali, Moriah, Yemini, Miri [2017-03-01]

Academic Journal

pages 18

While the concept of entrepreneurship in the field of education has received growing scholarly attention in recent years, no consensual definition exists regarding what exactly educational entrepreneurship involves. A clear definition will promote research progress on this subject, as well as its accessibility in the general discourse. The present study aims to fill this gap in the academic discourse on entrepreneurship in education and propose an operational definition for this term. In the quest of such a definition, we applied a Delphi process involving scholars, school principals, and educational entrepreneurs. We found that relevant experts perceive entrepreneurship in education as a process whereby a vision of the entrepreneur based on the identification of a need or problem within the education system alongside an opportunity to resolve it innovatively leads to formulating goals and working to attain them in a manner that adds value, thereby influencing the immediate surroundings and the broader education system. This study provides a comprehensive conceptualisation of this term, enabling future research and the development of this emerging field of study. [ABSTRACT FROM AUTHOR]


SMALL BUSINESS OF THE REPUBLIC OF CROATIA IN THE EUROPEAN CONCEPT OF ENTREPRENEURSHIP DEVELOPMENT.

by Alkier Radnić, Romina, Ivaniš, Marija, Milojica, Vedran [2010-10-01]

Conference

pages 20

Ridderstrale and Nordstrom point out: «In the world of developed capitalism, success is not measured by getting a backstage pass; only imagination and authenticity are put first, and future, as always, belongs to those standing in the front lines.» This century is the «century of entrepreneurs». This especially holds for Croatia, in which true originality must become more valuable than ever. Courage, boldness, and, consequently, innovations, represent the future in the world of entrepreneurship. Economic crisis is a chance for Croatia, and small business is a possible potential of economic prosperity. This claim has been supported by the fact that the Croatian government focused on small entrepreneurship in its project «Croatia in the 21st Century», as a generator of development of entire economy, which emphasises the country's national policy and re-organisation of social institutions in favour of small business as the key determinant of entrepreneurial success. The meaning of entrepreneurship in the development of Croatian economy includes the same determinants as in other European countries. On European level, entrepreneurship stimulates opening of new workplaces and economic growth; it has been crucially significant for competitiveness, it develops personal resources and develops general social interests. Creating entrepreneurial conditions demands a coordinated government policy and the concept of a comprehensive legal, strategic, and institutional approach to development of small business. The policy should be implemented continuously, by introducing the standards of the European Union, and implementing legislation for government grants. Small business will maintain its development with stimulative measures, become a factor of adjustment to market trends, total economy development, which is, after all, a pre-requisite of increasing competitiveness of the Croatian economy on the global market. The basic question the authors want to answer in this paper is whether accession to the European Union would be profitable for small business. The purpose of the paper is to present the expected positive effects on small enterprises upon accession to the EU, and point out possible disadvantages and costs of remaining outside of the integration of European democratic countries. The objective of the paper is to present the current state of small entrepreneurship in the Republic of Croatia from the point of view of key EU entrepreneurial documents, and to design a dynamic concept of entrepreneurial economy of the Republic of Croatia. [ABSTRACT FROM AUTHOR]


Entrepreneurship and regional economic growth in Antioquia: An empirical analysis.

by Aparicio, Sebastian, Urbano, David, Gomez, Diego [2018-04-01]

Academic Journal

pages 8

Drawing on the concept of entrepreneurship capital, which links collective entrepreneurial action with growth, this paper aims to explore the effect that entrepreneurship has had on the economic growth of Antioquia (Colombia). We estimate a growth model using unbalanced panel data with fixed effects for the period 2001-2012. In this study, entrepreneurship is measured as the number of new businesses and the ratio of new and discontinued companies, which have a positive impact on the economic growth of Antioquia. These results motivate a discussion about the importance of public policy in creating an environment that stimulates entrepreneurship and productive expansion; this should be maintained over time under the same social and economic purposes. [ABSTRACT FROM AUTHOR]


The concept of stimulation of entrepreneurship— A benchmarking and co-evolution approach.

by Sysko-Romanczuk, Sylwia, Platonoff, Alberto Lozano [2005-01-01]

Academic Journal

pages 12

Sustainable economic growth is enabled by the production of wealth, i.e., development of entrepreneurship. Opportunities for its development, and so the sources of the country's economic wealth, may be found today not only in the proper level of macroeconomic indicators (labor cost, interest rates' level, currency exchange rate, etc.), but also in regional (effective and efficient use of locally diverse opportunities, development predisposition, and cooperation between organizations) and microeconomic conditions (differences in management styles). The sine qua non condition of the entrepreneurship development is the effectiveness of actions taken in all three interrelated levels enabling achievement of the synergy effect. Our aim here is to present an innovative concept of entrepreneurship, realized in Poland on the basis of the cooperation between science, business, authorities, institutions, and media. © 2005 Wiley Periodicals, Inc. Hum Factors Man 15: 71–82, 2005. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 5

The article describes an important factor of economic development called entrepreneurship in an expanded and unambiguous manner. It also examines the reasons for the evident lack of precision in dealing with this concept and the way in which the suggested three-way breakdown fits into existing theoretical formulations. The entrepreneurship is divided into three subfunctions which help one to understand better the meaning of the concept. These divisions are entrepreneurship in a Schumpeterian sense, financial risk-taking and the managerial function. Entrepreneurship means the function of seeing investment and production opportunities that includes the functions like organizing an enterprise to undertake a new production process; raising capital, hiring labor, arranging for a supply of raw materials, finding a site, and combining these factors of production into a going concern; introducing new techniques and commodities, discovering new sources of natural resources and selecting top managers for day-to-day operations. The key figure but remains the entrepreneur who implements these functions in an order.


THE CONCEPT OF ENTREPRENEURSHIP THROUGH HUMAN DEVELOPMENT PARADIGM.

by BĂLĂCEANU, Cristina, APOSTOL, Diana [2013-02-01]

Academic Journal

pages 6

The entrepreneurship wants to increase the income of the entrepreneur and the income of the society, which contributes to sustaining the economic growth and development. It is very interesting to notice how the nowadays society develops the initiative and the entrepreneurial spirit as being determinant for achieving some main economic objectives such as occupying and creating richness. By means of the entrepreneurship, the individual capacitates his creative energies in order to obtain income sources for him and his community, he becomes motivated to increase the quality of the services he provides to consumers, he creates economic goods which would respond to the requests as he is restrained towards an efficient use of resources by the necessity of offering reliable economic goods in what regards the quality-price relationship and he is also interested in what regards the manner in which his image is being represented through the developed and traded products. In fact, the entrepreneur identifies with the community, it is part of the local governance system and it pleads for a correct governance system. In this manner, the entrepreneur becomes a promoter of the country management system. [ABSTRACT FROM AUTHOR]


The Meaning of Entrepreneurship: A Modular Concept.

by Peneder, Michael [2009-06-01]

Academic Journal

pages 23

Entrepreneurship has been characterised as one of the most intriguing but equally elusive concepts in economics. This critical review first surveys its major intellectual roots and then proposes a modular concept of entrepreneurship that preserves essential distinctions along its behavioural, functional, and occupational dimensions. It argues that the behavioural definition identifies the only attribute that is both comprehensive and unique to the nature of entrepreneurship, while the functional and occupational definitions add the specificity required for many analytical purposes. To validate the concept, the paper discusses the appropriate empirical units of observation and maps a general policy framework. [ABSTRACT FROM AUTHOR]


RESEARCH ON THE CONCEPT OF ENTREPRENEURSHIP.

by GIRIŪNIENĖ, Gintarė, GIRIŪNAS, Lukas [2015-05-01]

Conference

pages 10

The article analyses the concept of entrepreneurship in view of the fact that, recently, there is an increasing focus on entrepreneurship, its promotion and implementation of support and promotion programs for various state-run innovations. Over the past few years, when aiming for the long-term and effective promotion of economy through innovations, another research topic which is currently particularly relevant in the world is the cooperation of science and business, and research on its usefulness. Various contracts are concluded, including international contracts on the cooperation of science and business, promoting the development and implementation of innovations. The article includes a detailed analysis of scientific literature in order to identify the concept of entrepreneurship and, after summarizing the research results, present it in the context of economics. [ABSTRACT FROM AUTHOR]


Is the Public Sector of Serbia Ready for the Entrepreneurial Concept?

by Omerbegović-Bijelović, Jasmina, Rakićević, Zoran, Vučinić, Ana [2016-03-01]

Academic Journal

pages 8

Entrepreneurship in the public sector is a form of entrepreneurship which is currently being implemented in public companies, state and/or local government and public institutions. It is often recognized as part of operations management because it relies on: the operations that change conditions of enterprises, ideas, innovation, resources, actions, planning, and other areas of operations management. This paper is part of the survey on entrepreneurship in the public sector of Serbia, which was carried out by the FOS Center for Entrepreneurship and SMEs in 2014 by interviewing 65 employees in the public sector. The aim of the survey was to explore whether the Serbian public sector was ready for entrepreneurial concept - through public sector employees' awareness of the concept of entrepreneurship, as well as through the application of entrepreneurial practice in public enterprises and organizations. The results showed a low level of employees' awareness of the entrepreneurship concept, as well as a low level of implementation of this concept in the public sector of Serbia. Based on the results presented in this paper, it can be concluded that it is necessary to stimulate the development of entrepreneurship concept in the public sector, primarily by further informing management and employees of the public sector about the potentials of entrepreneurship, and also educating them to use the possibilities and opportunities for the application of this concept. [ABSTRACT FROM AUTHOR]


DINAMICS OF THE ENTREPRENEURSHIP CONCEPT. LITERATURE REVIEW.

by Dorin, Cosma, Alexandru, Galceava Sinel [2014-07-01]

Academic Journal

pages 7

The purpose of this theoretical paper is to analyze the concept ofentrepreneurship while following the approaches taken by scholars over time in this field of research. Four entrepreneurship theories which are relevant for the analysis andpractice of entrepreneurship will be explained and compared. In a continuously andrapidly changing world, like the one today, information and knowledge seem to be of mostinterest for entrepreneurs. The current central element of entrepreneurship within theacademic world is considered to be the notion of opportunity. Nonetheless, this has notalways been the situation in entrepreneurship research and as a result, during this paperI will follow the evolution of entrepreneurship as a concept and I will point out a series offindings relevant for its analysis and practice. Consequently, I have considered choosingtwo theories focused on the notion of opportunity, namely Drucker's theory ofentrepreneurship and Burt's theory of entrepreneurship. Additionally, I have usedSchumpeter's theory of entrepreneurship because of its major influence over both thetheoretical and practical aspects of entrepreneurship and von Hayek's theory ofentrepreneurship because of its role in signalizing the significance of practical knowledgewithin the research of entrepreneurship. Each of these four theories is analyzed andstrengths and drawbacks are pointed out. The comparison which resumes the paper takesinto consideration the theories authors' profiles, their backgrounds and the moment intime when the theories have been stated. It will be possible for the reader to observe thatthe concept of entrepreneurship has changed in time and implicitly the trend inentrepreneurship research has altered from a theoretical approach to a much morepractical one. The main driver for this change was the business environment, which wasforced to continuously search for improvement measures in order to survive. Theseimprovement measures relied always on discovering new opportunities and therefore,nowadays the scholars worldwide consider the notion of opportunity to be the paramountelement of entrepreneurship. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 19

The aim of this paper is to present research on determinants of entrepreneurial intentions through the framework of the theory of planned behaviour and an individual innovative cognitive style. By employing the theory of planned behaviour, the authors evaluate how personal attitudes, subjective norms and perceived behavioural control can affect one's intentions to become an entrepreneur. Additionally, the innovative cognitive style is tested as a potentially significant determinant of entrepreneurial intentions. A questionnaire survey was done using the sample of 330 bachelor and master students in economics and business from Slovenia. Research propositions were tested using linear hierarchical regression modelling. The results suggest that personal attitudes towards entrepreneurship, subjective norms and perceived behavioural control are positively related to one's entrepreneurial intentions. The innovative cognitive style has also been found to be significant in creating one's intention to become an entrepreneur. The paper extends the current knowledge on entrepreneurial intentions by analysing the exclusive and mutual influence of different factors recognised by the theory of planned behaviour and the innovative cognitive style on entrepreneurial intentions, as well as providing useful insights into antecedents of entrepreneurial intentions in the Slovenian context. [ABSTRACT FROM AUTHOR]



Academic Journal

pages 11

Complexity scholars have identified two distinct catalysts of emergence: (1) Far-from-equilibrium dynamics that trigger order creation, and (2) adaptive tension (McKelvey, 2004) which can push a system toward instability, leading to the emergence of new order. Each of these provides a necessary but incomplete explanation of the catalyst for emergent order. In particular, the far-from-equilibrium framework, when taken to its logical ends, would conclude that most dynamic and fluid organizations are the ones farthest-from-thermodynamic equilibrium--like Exxon or GM, for example. Adaptive tension on the other hand identifies an exogenous force of market change, but doesn't explain how emergence is actually triggered. As a solution I propose "Opportunity Tension," which integrates the endogenous intention of an entrepreneur to create a new venture to the exogenous changes that open up an entrepreneurial opportunity--a market that will exchange money for the value being created. Opportunity tension occurs in "pulses," each cycle leading to a new dynamic state of the system. This model, which is consonant with the notion of "dynamic creation" (Chiles et al., 2010), contributes to a complexity science that is moves us beyond a far-from-equilibrium framework. [ABSTRACT FROM AUTHOR]



The Theory of Entrepreneurship.

by Mishra, Chandra S., Zachary, Ramona K. [2015-10-01]

Academic Journal

pages 18

The theory of entrepreneurship, namely the entrepreneurial value creation theory, explains the entrepreneurial experience in its fullest form, from the entrepreneurial intention and the discovery of an entrepreneurial opportunity, to the development of the entrepreneurial competence, and the appropriation of the entrepreneurial reward (). The theory of entrepreneurship provides in sufficient detail the interiors of the entrepreneurial process using a two-stage value creation framework. In the first stage of venture formulation, the entrepreneur driven by a desire for entrepreneurial reward (i.e., entrepreneurial intention) leverages the entrepreneurial resources at hand to sense an external opportunity (cue stimulus) and effectuate the entrepreneurial competence that is sufficient to move to the second stage. Several ventures fail at this stage. In the second stage of venture monetization, the entrepreneur may acquire external resources such as venture capital or strategic alliance to effect growth. Investors face an adverse selection problem when entrepreneurial ability and venture quality are difficult to ascertain. Entrepreneurs may use incentive signals to secure a higher valuation offer from the investors. A business model design with embedded dynamic capabilities can reconfigure the entrepreneurial competence to create sustained value and appropriate the entrepreneurial reward. [ABSTRACT FROM AUTHOR]


Academic Journal

pages 13

This article seeks to understand the impact of e-government readiness on ease of doing business, Corruption Perception and its relationships the on the attitude toward entrepreneurship and rate of new entrepreneurs. Data was collected from various databases, for the years 2008, 2010 and 2012 using a panel data study design. The study several reports: Doing Business Report from World Bank, E-Government Survey from the United Nations, Corruption Perception Index by Transparence International and GEM data from Global Entrepreneurship Monitor. Nonparametric correlation analysis and other statistical tests were performed. A model based on Azjen's Theory of Reasoned Action (with attitude, subjective norms and perceived control of behavior) was employed to predict entrepreneurial intention, and new business rate using the methodology of the partial least squares. The model was able to predict over 57% of the intention of starting a new business, which in turn predicted over 55 % of the rate of new business in the sample of countries and years considered (2008, 2010 and 2012). Future research to understand the real of impact of e-government is suggested. [ABSTRACT FROM AUTHOR]


Entrepreneurial Intentions among Business Students in Pakistan.

by Azhar, Abdullah, Javaid, Annum, Rehman, Mohsin, Hyder, Asma [2010-09-01]

Academic Journal

pages 9

The present exploratory study is based on the 'Entrepreneurial Intention Model' and has its foundation in 'Planned Behavioural Theory'. The main focus of the study is on measuring factors affecting Entrepreneurial Intentions among business students in Pakistan. Apart from demographics, the study is particularly focused on personal attraction, perceived social norms and perceived social behaviour. The paper is based on systematic sampling methodology and targets business graduates and nascent entrepreneurs. The study will provide useful implications for educational institutions within the field of business and management, and off course for government policy makers. [ABSTRACT FROM AUTHOR]