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early economic thinkers and classic works such as Cantillon (1755), Knight (1921), and Kirzner (1973). The paper opens by explaining how uncertainty and thus entrepreneurship disappeared from microeconomic theory as it became increasingly formalized (and stylized). It then goes on to bring the entrepreneur and entrepreneurial decision-making back into economic theory by focusing on the interrelationships among actors, knowledge, and perceived economic opportunities using a resource-based framework. The third paper in this section (Chapter 4) is by Foss and Klein,'Entrepreneurship and the Economic Theory of the Firm: Any Gains from Trade?'Foss and Klein strongly link theories of the firm to entrepreneurship, arguing a fundamental and intrinsic connection between the two. They, like Mahoney and Michael, explain how entrepreneurship became less important in economic models as the general equilibrium model became dominant. Foss and Klein ask: Does the entrepreneur need a firm? They focus on the judgment of the entrepreneur and suggest that this judgment is exercised through asset ownership and starting a firm. Foss and Klein further argue that it is through this notion of judgment that heterogeneous assets combine to meet future wants.

This book presents selected theoretical and empirical papers from the 26th and 27th Eurasia Business and Economics Society (EBES) Conferences, held in Prague, Czech Republic, and Bali, Indonesia. Covering diverse areas of business and management in various geographic regions, it addresses a range of current topics, such as human resources, management, SMEs and marketing. It also includes related studies that analyze management and marketing aspects, e.g. workplace learning, gamification in business, resilience and entrepreneurship, the use of IT tools in small businesses, and dynamic marketing capabilities in an intercultural environment.

Advances in Entrepreneurship, Firm Emergence and Growth provides an annual examination of the major current research, theoretical and methodological efforts in the field of entrepreneurship and its related disciplines, including firm emergence and growth research. It is a key source of articles-of-record for major concepts in the discipline of entrepreneurship. Seminal Ideas for the Next Twenty-Five Years of Advances is the second of two volumes exploring and celebrating some of the most long-lasting and influential contributions to Advances in Entrepreneurship, Firm Emergence and Growth. Written and edited by some of the world's leading entrepreneurship academics, this anniversary volume showcases three chapters from the series, along with author reflections, and three new papers showing how these classic ideas connect and energize leading-edge contemporary research in entrepreneurship and related fields. For any researcher and student of entrepreneurship or related disciplines, this is a fundamental text that celebrates the past, while exploring the future.

This book addresses the burgeoning interest in organizational learning and entrepreneurship, bringing together for the first time a collection of new papers dealing explicitly with entrepreneurial learning. Where past books have examined learning in a corporate context, Harrison and Leitch focus instead on the learning process within entrepreneursh

This unique book focuses on regional creativity, analysing the different factors that can affect creativity and innovation process within regions in the knowledge economy. Approaching creativity from technological, organizational and regional viewpoints, it attempts to break down the influence of oppositional approaches and take account of multi-level interactions in economy and policy.The variety of papers presented looks at: how regions can be creative and competitive how research and development is outsourced and the scientific knowledge and technology transferred what types of technology based cultural activities can operate the relevant financing and development of knowledge entrepreneurship. Whilst many of these aspects are driven by market forces Creative Regions demonstrates that the regional and national public sectors have a significant role to play and is essential reading on how to generate a competitive advantage for regions in the knowledge economy in the global market.

This informative book is a comprehensive, research-based text on for educators, trainers and policy makers. It provides an insightful analysis into the range of issues facing female entrepreneurs around the world, along with recommendations as to how support agencies, educators and trainers can best respond to the challenge of encouraging more women to get involved in the new business creation.Based on a collection of research papers from international scholars based in the UK, mainland Europe, the USA and Australia, it provides a superbly comprehensive analysis of the challenges and opportunities faced by female entrepreneurs worldwide. With contributors from Sara Carter, Candida Brush, John Watson and Elisabet Ljunggren, the book helps advance the general understanding of female entrepreneurship and helps set a research agenda on how best to promote female owned/led businesses nationally and internationally.

Most small businesses cite lack of capital is a major constraint on growth.'Raising Capital'focuses on non-bank sources of capital since banks only lend to companies that fit a very narrow profile. The topics covered include: (i) capital sources entrepreneurs can tap when they are too small or unusual for banks, (ii) angel investors and venture capital, (iii) where to look for angels, venture capitalists and other capital sources, (iv) how to pitch your company and close the deal, (v) deal terms and issues that arise when negotiating a deal, (vi) going public through an IPO or little known small public offerings, (viii) asset based lenders, and (ix) other financing vehicles including: bond, commercial paper, PIPEs and securitization. The scope of the book ranges from capital for entrepreneurs who have little more than an idea, to capital for top rated companies.

This comprehensive volume explores the phenomenon of refugee entrepreneurship and advances the discussions and debates in the domain.The growing number of refugees across the world creates a compelling need to study the social and economic activities of refugees in different contexts, and to share experiences and debate how to better support refugee populations. This book covers academic, practical, and policy issues in refugee entrepreneurship, seeking to present the current status of research in this evolving field. The topics include how to identify and differentiate refugee entrepreneurship; refugees'business practices; the personal, economic, and social values and impacts of refugee entrepreneurship; and the institutional support and role of ecosystems in facilitating refugee entrepreneurship. Future research directions are also outlined. This book provides scholars with the theoretical foundations and evidence base to advance refugee entrepreneurship research. Support agencies will learn from the experiences of others about the delivery of tailored support and policymakers will recognise the need for empathy and consistency in developing host country strategies for refugees.

The emergence of start-up companies and new forms of entrepreneurship has become a significant challenge for entrepreneurs and decision-makers who shape the businesses and economies of the future. This book presents the results of international research, analyses, and experiences with start-ups, delving into their strengths and weaknesses as well as the challenges and attitudes that drive their quest for success. It identifies and analyzes various determinants that shape entrepreneurship, shedding light on new conditions that inspire and affect running a business in a new dynamically changing economic reality. It also presents strategies and concepts used by novice entrepreneurs to overcome market challenges and build thriving enterprises from scratch. Through an analysis of start-ups from various industries and countries, contributions showcase patterns and best practices that determine their growth, and the secrets of their extraordinary achievements are discovered. The power of cooperation between the academic environment and enterprises that jointly create innovations is also highlighted, as well as the impact of the educational systems and cultural norms that support networks on promoting ecology and an environment that encourages and supports entrepreneurial ventures. By analyzing the success of entrepreneurship in various regions and countries, this edited collection reveals the relationships among policy frameworks, access to resources, and the development of dynamic entrepreneurial ecosystems. It will be of interest to researchers, academics, and advanced students in the fields of entrepreneurship, innovation, and economic development.

Good Business: An Entrepreneur's Guide to Creating a Better World is an illustrated guide that takes readers through the complicated but exhilarating landscape of social enterprise businesses that are changing the world.A social enterprise is a different kind of business, one that uses a market-driven approach to address a social or environmental problem such as poverty, environmental damage, or resource scarcity, with the dual goals of helping humanity and building a profitable business.With a climate crisis, a growing population, and diminishing natural resources, the need for socially-minded innovators is greater than ever. Good Business is designed to be a practical guide and tool for innovators, entrepreneurs, and dreamers who are attempting to navigate the complicated business models required for social enterprises.

What does it take to be – or to become – a successful entrepreneur? Are there specific personality types that are best suited to entrepreneurship? And can these types, or rather the attributes that combine to forge them, be learned or acquired? In this book, John Thompson answers these questions – and many more – to let the reader see through the eyes of the entrepreneur. Entrepreneurs: Talent, Temperament, Opportunity and Mindset introduces the world of entrepreneurship from a person-centred perspective. Part 1 builds an understanding of the entrepreneur as a person based on the key factors of talent and temperament – a unique framework for understanding and exploiting entrepreneurial opportunities. Part 1 also explores the entrepreneurial mindset and how it can be honed and strengthened. The process of starting and growing a business is then described in detail in Part 2, which also examines entrepreneurship in the context of opportunity and strategy. Part 3 introduces the infrastructure and environment in which the entrepreneur has to operate and tells the stories of famous entrepreneurs through dozens of case vignettes, including classic figures such as Henry Ford, through to social entrepreneurs and even anti-social entrepreneurs such as Al Capone! This insightful, empirically-based take on the entrepreneur provides students with an accessible and original way into entrepreneurship. Whatever their background, students at all levels will value the author's accessible writing style and invaluable insights.

Everybody wants their employer to recognise and value the skills and attributes they have, but not everybody feels those skills are valued. Entrepreneurial Attributes: Accessing Your Inner Entrepreneur for Business and Beyond looks at the link between skills, actions and attributes, and the value they present: value in terms of how an employee can be more valuable to the company they work for – in essence, more employable. The book aims to answer the question: why are entrepreneurial attributes we see in businesspeople valued, but in non-businesspeople they are sometimes not recognised when there is a clear link between entrepreneurial skills and attributes, human capital (effectively your CV) and how successfully a company performs?Entrepreneurial Attributes: Accessing Your Inner Entrepreneur for Business and Beyond discusses how we currently view skills, actions and attributes, and how those attributes add value to a person in life and to a business that person works for. The author questions whether certain skills and actions are unrecognised or neglected in today's world, and uses case studies and research methodologies to illustrate how value can be recognised and appreciated within the context of human capital and firm performance. Finally, the book offers tools and strategies which may assist the reader in gaining a better understanding of the way in which their entrepreneurial actions and attributes can enhance their value as a person and also make them more employable. This book also offers businesses tools to better recognise and reward the skills it needs.The ideal audience for this book are those of us who wish to better evidence the skills and value we can offer a company; Entrepreneurial Attributes: Accessing Your Inner Entrepreneur for Business and Beyond will find an appreciative audience wherever there is a keen interest in the recognition and value of employee skills and attributes.

In the post-pandemic era, innovation from within the organization is essential for business competitiveness and survival. As organizations consider growth and sustainable development, the choice is no longer between entrepreneurship on the one hand and intrapreneurship on the other. The question now is: why not both? As job creators and not job seekers anymore, students and young entrepreneurs need guidance and frameworks to develop their entrepreneurial spirit and skills.Innovating From Within presents the tools, challenges and practices aligned with EU regulations to guide and accommodate students'entrepreneurial ideas and skills into sustainable businesses for the future. By clarifying concepts like intrapreneurship, corporate entrepreneurship and their contribution to sustainable businesses, the book provides readers with up-to-date knowledge about these concepts and how to implement them in practice.With a range of real-life insights from intrapreneurs, and illustrated with international examples drawn from policy and practice, Innovating From Within is a comprehensive introduction to an increasingly important area of business. Students and lecturers will particularly value its practical approach and readable style.

This book presents a new model, the competency framework, for students, innovators, entrepreneurs, managers, and anyone who wants to better understand the dynamic world of innovation and entrepreneurship.Focused on both the individual and strategic organizational level, this book is about people and the competencies each person needs to learn to be successful in creating a more dynamic future. The framework for innovation and entrepreneurship competencies empowers individuals to excel at innovation and new venture creation.It provides a practical guide and clear and concise understanding of the knowledge, skills, attitudes, and experiences that are needed to increase imagination, creativity, innovation, and new venture creation capability. Innovation and Entrepreneurship will be attractive for students of entrepreneurship, innovation, management, and cross-disciplinary classes, such as design thinking.Presented in a modular format, Innovation and Entrepreneurship informs the future direction of people and technology, as well as the educational systems producing the next generation of innovators and entrepreneurs.Based on extensive academic research, this book is organized into two sections: 12 innovation elements and 12 competency categories. The elements are the foundation and the competency categories are the building blocks that inform our path toward a more precise understanding of how innovation and entrepreneurship play an important role in economic development and our daily lives.

Entrepreneurship and innovation play a vital role in fostering sustainable development. Advances in technology and communications have both transformed the process of business and strengthened the role of entrepreneurship in developed and developing countries. This new edition of Entrepreneurship, Innovation, and Sustainable Growth provides the fundamental concepts and applications for faculty and students in this field, and also serves as a professional reference for practicing entrepreneurs and policymakers. Each chapter provides a clear guide to the conceptual and practical elements that characterize entrepreneurship and the process of new venture formation, including functional strategies in key areas such as marketing, information technology, human resources management, and accounting and finance. Updated throughout to take account of recent developments in topics such as environmental impacts, diversity and inclusion, and COVID-19, the book is a comprehensive and holistic approach to the theory, policy, and practice of entrepreneurship and innovation. Keeping practicality as the book's core aim, all chapters include a long case study to set the scene and then draw upon shorter cases from both developing and developed countries to reinforce key learning objectives and the real-world application of the book's core concepts. With new questions and exercises presented throughout in order to encourage discussion and problem-solving, quick summaries of the important concepts and definitions, and extensive support for lecturers and students, Entrepreneurship, Innovation, and Sustainable Growth, Second Edition, is ideal for students at undergraduate and postgraduate level.

This actionable and lively guide helps aspiring entrepreneurs to acquire a designer's mindset to transform ideas into successful products, and designers and technologists to identify entrepeneurial opportunities through a unique mix of product and business development toolkits.Unlike other books focusing either downstream on the launch of a new venture or upstream on ideation and the acquisition of an entrepreneurial mindset, Design Your Business helps innovators to cross the chasm between attractive ideas and actual products, a crucial test in any entrepreneurial endeavor and one which most innovative ideas do not pass. Throughout the book, readers will learn about methods, steps, and resources to unleash their creativity, understand users'needs, build and test prototypes, and design beautiful products. At the end of this design journey, readers will find an essential business toolkit including business model design, intellectual property protection, funding, and development of effective communication skills that will help them to lay the foundation of a successful venture built around a successful product.This book will become an essential and thought-provoking resource for aspiring entrepreneurs, makers, students of entrepreneurship and new venture creation, and professionals seeking to adopt a design mindset and agile project management in their projects and organizations.Slides and teaching materials based on this book are curated from the authors and available for free at this link: https://elegantdesignthinking.com/category/learning-resources/

The combination of entrepreneurship, innovation, and technology has become the source of disruptive business models that transform industries and markets. The integrative understanding of these three drivers of today's economy is fundamental to business.Entrepreneurship, Innovation, and Technology aims to connect core models and tools that are already created by well-known authors and scholars in order to deliver a unique guide for building successful business models through the adoption of new technologies and the use of effective innovation methods. The book goes through the entrepreneurial lifecycle, describing and applying core innovation models and tools such as the business model canvas, lean startup, design thinking, customer development, and open innovation, while taking into consideration disruptive technologies such as mobile internet, cloud computing, internet of things, and blockchain. Finally, the book describes and analyzes how successful cases have been applying those models and technologies. With the mix of an academic and practitioner team, this book aims to go against the grain by its positioning of entrepreneurship in the modern technology economy. This book will prove to be a vital text for any student, specialist, or practitioner looking to succeed in the field.

Smart watches, autonomous vehicles, and talking robots are now an everyday part of life for many regions of the world. The digital revolution has now permeated nearly every facet of our existence. This surge in technological advancement has ushered in what economists term an'innovation economy.'In this era, the synergy between technology and business intelligence propels groundbreaking innovations, fostering entrepreneurial ventures across various sectors. These ventures encompass an array of industries, including agriculture, fast-moving consumer goods, hospitality, cultural and indigenous products, to name just a few. While these entrepreneurial endeavors bring forth creativity and contribute to circular economies within communities, not all manage to navigate the challenging environment successfully. This raises a pressing concern – how can entrepreneurs harness the power of business intelligence and innovation to achieve sustainability and a competitive edge in today's complex business landscape? Applying Business Intelligence and Innovation to Entrepreneurship brings a definitive solution to academicians, researchers, and students who seek a comprehensive understanding of the dynamic interplay between entrepreneurship, business intelligence, and innovation. By dissecting various types of organizations, from small and medium-sized enterprises (SMEs) to technology-based startups like Fintech, digital marketing, and community-driven initiatives, this book paints a vivid picture of the entrepreneurial ecosystem. It delves deep into the symbiotic relationship between local wisdom and innovation, shedding light on how entrepreneurs can seize opportunities presented by disruptive and unpredictable phenomena. Covering a spectrum of topics, from the intersection of blockchain and entrepreneurship to sustainable innovation in social enterprises, this book is an invaluable resource for those looking to navigate the multifaceted world of modern entrepreneurship. By exploring how entrepreneurs can leverage technology, data science, and business intelligence, it equips readers with the knowledge and tools necessary to not only survive but thrive in the ever-evolving business landscape.

Now in its sixth edition, this classic and comprehensive resource presents an applied, realistic view of entrepreneurial finance for today's entrepreneurs. The book provides an integrated set of concepts and applications, drawing from entrepreneurship, finance, and accounting, that will prepare aspiring entrepreneurs for the world they will most likely face as they start their new businesses.The contents are designed to follow the life cycle of a new business venture. Topics are presented in logical order, as entrepreneurs will likely face them, from business start-up through to growing the business. Each chapter includes discussion questions and opportunities for application. PowerPoint slides and problem solutions are available for instructors. A comprehensive financial spreadsheet template is also included with the text, which allows for the application of the concepts to actual businesses and is a valuable supplement to the process of developing a full business plan. This new edition includes new examples throughout, an expanded discussion of the role of entrepreneurial financial management in business modeling, and updated current practices in bootstrapping and sources of financing.Entrepreneurial Financial Management will be a valuable resource for undergraduate and graduate students of entrepreneurship and budding entrepreneurs alike.

The book is the outcome of a thoughtful reflection on Knowledge Share (KS), encompassing the distribution, connection and co-production of knowledge, through a circular, multi-sourced and multidirectional process. The book aims to generate in-depth knowledge and better awareness of the phenomenon, as well as new ideas and concrete actions to favour KS. It offers a comprehensive view of the factors influencing KS, including environmental, organizational, individual factors and their interrelations. The book is structured so to stimulate a reflection on theories and models of KS and to provide some evidence with a specific emphasis on the Italian context. This book talks to people interested in creating the conditions in which effective knowledge share (KS) can happen. It intends to reach out to different communities, raise awareness around KS and hopefully trigger a conversation that will result in a better understanding of KS dynamics now and in the future.

'A small business is not a little big business.'Small- and medium-sized enterprises (SMEs) are considered the engines of worldwide economies and the main sources of job creation. Management in these companies is different from management in larger/older enterprises with their already established concepts and instruments. In view of the high importance of SMEs in emerging, developing and developed economies worldwide, the De Gruyter Handbook of SME Entrepreneurship investigates the underlying mechanisms and practices of management within these companies with a focus on entrepreneurship, growth and innovation. It argues that it is time for a dedicated theory of'SME Entrepreneurship'to emerge. Entrepreneurial thinking and behavior in SMEs must be differentiated from that of start-ups and large companies. On the other hand, it also explores the different entrepreneurship manifestations that exist within a widely heterogeneous group of SMEs. The handbook provides a theoretical framework in which to understand, compare and contrast the complexity of SMEs in both domestic and international processes and addresses the strengths, achievements, and challenges of entrepreneurship in SMEs.

Skills, Creativity and Innovation in the Digital Platform Era: Analyzing the New Reality of Professions and Entrepreneurship brings together two important areas: the separate research topics of professions, platforms, and entrepreneurship, and the various dimensions of what platformization means to work and to professions in contemporary societies. One of the most noteworthy global aspects in current societies is the intensifying presence of technology, to the extent that we can talk about the omnipotence of technologies, a kind of technological imperative that prevails in societies. This new type of technological imperative emerges in the working lives of practicing professionals from medical doctors to lawyers and from teachers to preachers. Platforms have become a powerful actor as enablers and reorganizers of work, creating new types of inequalities but also expanding the market relations for new professions such as social influencers. How do platforms govern and shape work and lead to new questions concerning organizing of work and professions? These are few of the key questions Poutanen and Kovalainen explore in this profound and insightful book.

Football is the world's most popular sport and is entrepreneurial by nature. There is a constant need for entities and individuals involved with football to act or behave in an entrepreneurial way. Competition is part of the football industry and emphasises the need to compete but also collaborate through entrepreneurial endeavours. This book is amongst the first to focus specifically on football entrepreneurship and the entrepreneurial nature of football.The book looks at entrepreneurship and how it can occur through direct and indirect engagement with football in a variety of contexts. It examines different types of football including gridiron, rugby and soccer and offers insights on the international aspects of football and how cultural aspects influence entrepreneurship.This book provides a holistic understanding of how football can include innovation, risk-taking and proactive activity and will be useful for those interested to learn more of the football industry and entrepreneurship in the global context.

With AI, cryptocurrency, and more in the news, it seems that being an entrepreneur means being in IT, but humanities graduates are launching new businesses every day, turning a profit and having social impact. This book explores how a humanities background can enable entrepreneurs to thrive. Across all levels of education, students are given the message that to change the world - or make money - the arts and humanities are not the subjects to study. At the same time, discussions of innovation and entrepreneurship highlight the importance of essential skills, such as critical thinking, storytelling, cultural awareness, and ethical decision-making. Here's the disconnect: the subjects that help to develop these vital skills are derided at critical points in any aspiring entrepreneur's education. This collection of perspectives from entrepreneurs in a range of fields and humanities educators illustrates what individuals, and the wider world, are missing when humanities are overlooked as a source of inspiration and success in business. Featuring a foreword by Sensemaking author Christian Madsbjerg, this is a thought-provoking guide for aspiring entrepreneurs in all sectors, and for educators, a window on the practical value of the humanities in an ever more mechanized world._

In the growth of societies, business and entrepreneurship are regarded as two significant and determinative concerns. Both notions, in reality, must be intertwined since they are the instruments for strengthening the stake on innovation, creativity, employment, and economic growth. As a result, management and entrepreneurship education must be promoted, and real-life managerial entrepreneurial stories can serve as role models for young students in India. The case study methodology is a significant pedagogy tool in the management education. The book is an attempt to disseminate the innovative and practice-based teaching material on management and entrepreneurship for higher education, with a focus on real-life contexts and practical learning. The case studies in the book include a rich variety of managerial and entrepreneurial challenges that have to be understood and solved in the real world, giving the student a dynamic experience on how to solve real world managerial and entrepreneurial challenges.

This book offers an original critical evaluation of how freelance careers can be established and sustained in the increasingly uncertain global creative economy. Developing from the author's theoretical and empirical research at the nexus of precarious work and entrepreneurial learning, it provides an in-depth understanding of why and how creatives can learn to become entrepreneurial and how this relates to creative entrepreneurship. This book traces how arts work became creative labour and explores the contemporary organisation of artistic and creative practices to understand practical alternatives to the individualised careers we currently feel responsible for maintaining. Inspired particularly by the work of Raymond Williams, creative work is reconceptualised as practice-based collaborative learning encounters through which we might put shared feelings of precarity to work towards the production and practice of alternative possibilities.Accessible and concise, breaking down complex concepts through practical examples and linking the creative process to entrepreneurial learning, this book will be of interest to students, educators and researchers studying and working in the creative economy.

The coronavirus disease (COVID-19) pandemic has caused serious disruptions to the economy and business activities. The COVID-19 crisis has also exposed important weaknesses in business and supply chains. It pointed to specific sectors of the economy, primarily related to services, that suffered the most. On the other hand, it has highlighted the great flexibility of the activities of entrepreneurs in their attempts to fight the crisis.The role of government has also been important in tackling this pandemic crisis to contain the epidemic and adopt activities to help entrepreneurs who were most affected by the crisis. Numerous national aid and recovery packages have been announced to support businesses and workers. At the same time, financial decisions were made at the international level, resulting in the mobilization of huge funds that were intended to support the functioning of enterprises.This book shares observations and conclusions from contemporary research and analyses, as well as from personal experiences in creating and implementing anti-crisis solutions in economies and enterprises caused by the COVID-19 pandemic on the economy and its entities. It will be of interest to researchers, academics, policymakers, and students in the fields of international business, economics, crisis management, and entrepreneurship.

Entrepreneurship, Innovation, and Crisis: SME Responses to the COVID-19 Pandemic aims to address the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the governmental support for entrepreneurs in such industries as tourism, manufacturing, recycling, education, and printing as well as the creative industry. Through the presentation of various strategies for the functioning and development of companies under crisis conditions along with new management approaches for coping with them, this book discusses the conditions for the operations of SMEs during the time of the COVID-19 pandemic as well as the support for entrepreneurs that has been offered by the governments of different countries. This approach will allow our results to be useful for a wide audience – making it especially valuable to researchers, academics, policymakers, and advanced students who are interested in crises, entrepreneurship, small and medium-sized enterprises, and strategic management.

Triggered largely by claims that small businesses were the main source of new jobs, an ‘explosion'of interest in enterprise, entrepreneurs and small business has led to the establishment of a conventional wisdom about enterprise. Mistaken theories can become influential and examining the conventional enterprise wisdom indicates that much of it is questionable. If that is the case, a reassessment is needed. While wilful blindness and continuing to do more of the same is a natural response, it will not lead to improvements in knowledge. A new paradigm requires a step change in thinking, which is not easy to initiate. Nevertheless, accepting the evidence for the errors in current understanding and practice is a necessary first step if enterprise and its benefits are to be better understood and promoted. This book examines the conventional wisdom around enterprise, entrepreneurs and small businesses and illustrates not only why and how this could have evolved, but also why it could be based on a set of mistaken assumptions. Correcting the foundational knowledge on which enterprise and policy and practice rely and finding a new paradigm will result in better teaching and more effective policy. It will therefore be of interest to researchers, academics, students and policy makers in the fields of enterprise and entrepreneurship.

Grounded in extensive research and field testing, Design-Centered Entrepreneurship presents a concise problem-solving approach to developing a unique business concept. Step-by-step guidelines provide insight into exploring market problem spaces, uncovering overlooked opportunities, reframing customer problems, creating business solutions, and sustaining success and an entrepreneurial culture. Drawing on methodologies from the world of design, the book helps students of entrepreneurship fill in the missing piece that transforms opportunity recognition into a viable business concept. Plenty of useful diagrams help to organize key concepts, making them easily accessible to readers. This second edition has been updated to include social entrepreneurship, more international examples and enhanced support materials. The digital supplements include a virtual creative problem-solving profile, slides, and an instructor manual. Design-Centered Entrepreneurship is the ideal text for entrepreneurship and new venture creation courses with a focus on design thinking.

This volume presents studies from experts in twelve industries, providing insights into the future role of innovation and entrepreneurship in driving economic growth across sectors. We live in an era in which innovation and entrepreneurship seem ubiquitous, particularly in regions like Silicon Valley, Boston, and the Research Triangle Park. But many metrics of economic growth, such as productivity growth and business dynamism, have been at best modest in recent years. The resolution of this apparent paradox is dramatic heterogeneity across sectors, with some industries seeing robust innovation and entrepreneurship and others seeing stagnation. By construction, the impact of innovation and entrepreneurship on overall economic performance is the cumulative impact of their effects on individual sectors. Understanding the potential for growth in the aggregate economy depends, therefore, on understanding the sector-by-sector potential for growth. This insight motivates the twelve studies of different sectors that are presented in this volume. Each study identifies specific productivity improvements enabled by innovation and entrepreneurship, for example as a result of new production technologies, increased competition, or new organizational forms. These twelve studies, along with three synthetic chapters, provide new insights on the sectoral patterns and concentration of the contributions of innovation and entrepreneurship to economic growth.

Please note: This is a companion version & not the original book. Book Preview: #1 Starting a company is hard, and solo founders have high rates of burnout. If you are able to do it with a partner, do so. However, if you have the skills needed to start a company, and are a masochist, then by all means begin on your own. #2 The more team members you have, the harder it is to share what is going on with everyone, and have everyone be emotionally bought in to the decisions being made. Do not underestimate this cost. It is much larger than most founders think. #3 The first goal of the company should be to achieve real Product-Market Fit, not metrics that fool people inside and outside the company that Product-Market Fit has been achieved. For B2B companies, it is difficult to imagine achieving PMF below $1 million in annual revenue. #4 Once you have achieved Product-Market Fit, it is time to blitz scale and win the race to market share. To do this, you will need to create massive awareness, walk many customers through the sales process, hold those customers hands as they set up and use your product or service, and all non-technical operations.

The effective management of innovation and entrepreneurship is vitally important for managers, organisations and governments. This concise textbook examines strategic approaches and concepts relevant for the effective management of innovation and entrepreneurship, supported by practical insights from a variety of industry sectors.The book:• Identifies the key challenges and dilemmas faced by managers and executives charged with leading, stimulating and sustaining innovation within large complex organisations.• Explores the critical factors that drive entrepreneurial venture creation and growth, including the search for opportunities, the management of risk and the evaluation of alternative funding sources.• Considers how innovation and entrepreneurship can be facilitated through the development of technology, knowledge, intellectual property and networks.Each chapter includes an essential summary of the key points, a practical example focusing on innovation and entrepreneurship in action, discussion and reflection activities, as well as further reading suggestions.Innovation and Entrepreneurship provides a practical and concise introduction for executive education students studying MSc and MBA apprenticeship programmes, as well as supplementary reading for postgraduate students studying modules on Innovation and Entrepreneurship.

Digital entrepreneurship refers to business activities in the digital media and information and information and communication technologies. It encompasses entrepreneurial pursuits in areas such as artificial intelligence, blockchain, internet of things, and augmented reality among many more. The digital economy is expected to bring about $60 Trillion in revenue by 2025. With the rise and proliferation of emerging technologies globally, entrepreneurs have pursued opportunities to leverage skills, abilities, and resources to find innovative revenue streams. Companies such as Facebook, Uber, and Twitter are examples of highly successful digital firms that have become giants in the industry. Entrepreneurs and executives from all over the world are looking to follow in their footsteps. The book will outline and discuss ideas and approaches for companies of all sizes to benefit from the digital economy.This edited book brings together chapter contributions from leading practice experts and academics from all over the world. It advances contemporary thinking on digital entrepreneurship and aims to become the ultimate reference guide on the subject, making it especially valuable to researchers, academics, students, and professionals in the fields of entrepreneurship, international business, and the management of technology and innovation.

Popular eCommerce platforms like Etsy have attributed to a sharp increase in creative craft entrepreneurs, and craft entrepreneurship has strong links to the cultural and lifestyle field. This timely book looks at craft entrepreneurship and defines what qualifies as craft entrepreneurs and their products in a global context.The edited book begins with an overview of the craft sector and each chapter provides a holistic picture of what craft entrepreneurship entails. Different kinds of creative crafts are examined, providing a discussion of what entrepreneurship in creative crafts involves, how they differ from other types of products, and how craft makers may engage in entrepreneurial behaviour and marketing. The book helps readers understand the current state of development of the craft sector, its various challenges, and what the future holds for these businesses.Craft entrepreneurship is a new, emerging area of entrepreneurship study, and this book will interest scholars and those who are interested in craft making and wish to develop it into a small business.

The discussion around whether entrepreneurship can be taught is becoming obsolete as the number of entrepreneurship courses, specializations and degrees is rising at an unprecedented rate all over the world and the demand for entrepreneurial education teachers or instructors is constantly growing. The global community of entrepreneurial education proponents is enthusiastic about the possibility of spreading the idea of entrepreneurship, as it is believed to benefit societies and economies in addition to influencing human development on an individual level. The fervour is nurtured by public policies and the development of an enterprising culture in the public discourse. In this discourse, entrepreneurship is treated as a panacea for numerous social and economic problems. This book is a solid reference point for all who are interested in conducting research on entrepreneurial education or engaged in teaching entrepreneurship. It is a compendium of knowledge about entrepreneurial education as a research field, seen from the perspective of the last four decades, its complete contemporary history. It reviews the progress of the field from the outset to the present in terms of its socio-economic context, changes in the academic community, but also its research focus and methodological development. This uniquely comprehensive book is a resource of both knowledge on entrepreneurial education research and inspiration for future studies within the field. This timely and relevant book provides practical insights for educators when developing their teaching practice and will be of interest to entrepreneurship educators and entrepreneurship education researchers.

Drawing on the most up-to-date and relevant research, this concise textbook is an accessible guide to harnessing the appropriate resources when launching a new start-up business. The focus is on the wide range of tangible and intangible resources available to entrepreneurs in the early stages of a new venture. This second edition brings in material on crowdfunding, digitalization and Covid-19, and dedicates new chapters to: lean start-ups and business models idea generation and opportunity development and business incubators and accelerators. The book supports students with learning objectives, a summary, discussion questions and a practical call to action in each chapter. A teaching guide and slides are also available for instructors. Resourcing the Start-up Business will be a valuable textbook for students of entrepreneurship and new venture creation globally.

This book substantiates the transformation processes in the system of modern entrepreneurship in the conditions of formation of Industry 4.0. The authors develop a scientific concept of business 4.0, determine the specific features of business 4.0 and current problems and perspectives of its development in developed and developing markets, study the infrastructural provision of business 4.0 in view of its sectorial specifics, outline the perspectives and recommendations in the sphere of development of business 4.0, and offer the scientific and practical recommendations for state and corporate management.

Drawing on the entrepreneurial ecosystem as a frame of reference, this new edition of Female Entrepreneurship – Women's Entrepreneurship – continues to challenge contemporary assumptions regarding who or what is an entrepreneur. It draws upon relevant literature and research to enable research-led teaching delivery and provides students with a comprehensive understanding of women's entrepreneurship and a solid foundation from which they can pursue further studies. Informative but concise, Women's Entrepreneurship covers key concepts, issues, themes and approaches and provides useful suggested topics for debate. Updates include a revised chapter on Emerging Technologies and Women's Entrepreneurship, which explores digital entrepreneurship and cyberfeminism. Contextualisation of Women's Entrepreneurship acknowledges the broader contextual influences on women's entrepreneurship. Finally, two new chapters have been added looking at The Entrepreneurial Ecosystem and Women's Entrepreneurship Policy. International case studies explore the socio-economic context for women's entrepreneurship in regional, national and international economies. Pedagogy to aid learning is incorporated throughout, including learning outcomes, boxes to highlight key research insights and best practice as well as discussion points and activities. This book is important supplementary reading on entrepreneurship, small business management and women's and gender studies courses – it will prove particularly useful to women moving towards starting their own business as well as postgraduate students researching the topic for the first time.

Killer Thinking is the ultimate guide to creating, developing and recognising incredible ideas that will revolutionise the way you work, from the bestselling author of Cult Status. We need better ideas right now. Everywhere you look, there are growing problems that require fresh, creative thinking to help us solve. The good news is that anyone can learn to master the art of creativity to turn good ideas into brilliant ones. That's what this book is about: those killer ideas that have a positive impact on many people, with near-infinite winners. The type you hear about and think,'Damn, I wish I'd thought of that!'Tim Duggan, the co-founder of Junkee Media, will show you how to identify and generate your own ideas with big potential, and then how to refine and bring them to life. Learn from the creative minds behind some of the most innovative ideas out there, like Canva, KeepCup, Movember, Linktree, B Corps, Zero Co and more. In this book you'll discover: – 8 steps to integrate killer thinking in your life and work – Why boredom is the mother of creativity – How to refine ideas and bring them to life – The best filter to run your ideas through to ensure everyone wins – 13 practical exercises you can apply to real-world problems today – Why killer execution is just as important as killer ideas – And a whole lot more Want to be more creative and efficient in life and work? It's all about killer thinking.

Winner, 2022 Goody Business Book Awards, Entrepreneur, General Category Finalist, 2022 Goody Business Book Awards, Entrepreneur, Start Ups / New Business Category With more than fifty years of professional experience, Mark C. Zweig has seen it all—from the fear and excitement of starting a new business to the joys and challenges of life as an entrepreneur. In Confessions of an Entrepreneur: Simple Wisdom for Starting, Building, and Running a Business, Zweig draws upon this wealth of experience to offer practical, easy-to-understand guidance for bringing a business to life and cultivating success at every stage of its development. The candid stories he shares from his career provide insight into the realities of business ownership and illustrate proven principles for both personal and professional success. Written by an entrepreneur for entrepreneurs, this book is an indispensable guide filled with wisdom for new and seasoned business leaders alike.

Providing candid advice on the ups and downs of entrepreneurship, this book interweaves the world of tech start-ups, the American immigrant experience, and the realities of running a business with your life partner.Across two decades as entrepreneurs, Elma and Dov Levy faced economic recessions, government shutdowns, work-life balance issues, leadership conflicts, and the emotions of letting go of their company Dovel Technologies – a technology consulting firm that they grew from a space in their attic to a multimillion-dollar operation with major government contracts. In this conversational and practical book they share insights on: How next-generation entrepreneurs can develop business relationships and networking skills, and maintain a high level of risk tolerance and manage risks strategically, including how and when to scale the business. How to stay true to guiding principles as co-owner spouses and woman-owned business entrepreneurs. What trends and opportunities to watch out for in a post-COVID-19 world. Aspiring entrepreneurs, growth-focused founders, family business owners, and government and technology professionals will especially value the Levys'business and personal success stories, with guidance on how to manage a marriage and business simultaneously, creating boundaries with a home office, and showing mutual respect in the boardroom.

Family Business and Management: Objectives, Theory, and Practice characterizes the specificity of the functioning of family businesses through the prism of their objectives. It contains both theoretical considerations about the essence of family entrepreneurship and the objectives set by family businesses, as well as the results of a survey conducted among family business managers. The study concerned the objectives of family businesses and made it possible to confront the planned objectives with those actually implemented by these entities. Thanks to this approach, it is possible to assess the effectiveness of management, taking into account both business and non-business (family) aspirations. The classification models created in the course of the analyzes additionally help to organize the population of family businesses and better understand its diversity. The book also shows the impact of succession plans on setting objectives, as well as the importance of the management styles used in the implementation of objectives set by family businesses. This book will be valuable to students at an advanced level, academics, and practitioners. It addresses the topics with regard to management and organizational studies and will be of interest to organizational scholars, consultants, and leaders interested in establishing and realizing goals in family business.

A comprehensive guide on creating, growing, and leveraging a board of directors written for CEOs, board members, and people seeking board roles. The first time many founders see the inside of a board room is when they step in to lead their board. But how do boards work? How should they be structured, managed, and leveraged so that startups can grow, avoid pitfalls, and get the best out of their boards? Authors Brad Feld, Mahendra Ramsinghani, and Matt Blumberg have collectively served on hundreds of startup and scaleup boards over the past 30 years, attended thousands of board meetings, encountered multiple personalities and situations, and seen the good, bad, and ugly of boards. In Startup Boards: A Field Guide to Building and Leading an Effective Board of Directors, the authors provide seasoned advice and guidance to CEOs, board members, investors, and anyone aspiring to serve on a board. This comprehensive book covers a wide range of topics with relevant tips, tactics, and best practices, including: Board fundamentals such as the board's purpose, legal characteristics, and roles and functions of board members; Creating a board including size, composition, roles of VCs and independent directors, what to look for in a director, and how to recruit directors; Compensating, onboarding, removing directors, and suggestions on building a diverse board; Preparing for and running board meetings; The board's role in transactions including selling a company, buying a company, going public, and going out of business; Advice for independent and aspiring directors.Startup Boards draws on the authors'experience and includes stories from board members, startup founders, executives, and investors. Any CEO, board member, investor, or executive interested in creating an active, involved, and engaged board should read this book—and keep it handy for reference.

Design and execute a powerful startup program that delivers value for all parties involved Startup accelerators. Business incubators. Hackathons. These are the hallmarks of the innovation ecosystem development practices used to discover, launch, and scale the most forward-looking startups of the last decade. If you want to adopt these approaches to your own business but aren't sure how to implement them, now's the time to master the practices of today's most successful early-stage investors. In Startup Program Design, two seasoned veterans deeply versed in startup engagement programs provide you with the tools to introduce open innovation practices to your organization. While other books on innovation management tend to be conceptual at the expense of hands-on experience, Startup Program Design is a practical manual vertically focused on preparing the organization, identifying the right strategy, and designing an attractive and effective offer. Filled with real-world examples, interviews with program managers, lessons learned, and diagrams and canvases that outline a step-by-step logical sequence, Startup Program Design points you toward results that are scalable and repeatable. Whether you're an innovation manager, executive, consultant, service designer, business owner, or startup community activist, this first-of-its-kind guide offers a radical new framework for true innovation.

How a tiny start-up slayed an industry giant before redefining the way workers are managed around the globe.This book recounts a success story rooted in one individual's desire to embrace his entrepreneurial spirit and forge his own company. Mark Ain led Kronos Incorporated from concept to the basements and garages of its early core team to a soot-filled ironworks foundry, and from there to its eventual role as a multi-billion-dollar global leader in an industry it refined, then redefined, and ultimately led. The story of Mark Ain and Kronos holds inspiration and insight for any aspiring entrepreneur.The tale starts not in a boardroom, but with Mark's early upbringing, where his adventurous spirit and fearless nature readied him to be both a risk-taking business pioneer and a leader who recognized the need to take a nontraditional approach to team building, prioritizing fit over resumes and potential over past accomplishments. The result was a company that could and would truly stand the test of time.His guiding philosophy of'If it isn't broke, fix it anyway!'applied in equal measure to the products and solutions Kronos provided to its ever-expanding customer base and to the way the company was structured and operated to consistently reinvest in its employees.Kronos, today known as the Ultimate Kronos Group, is now a multi-billion-dollar global organization of almost 13,000 employees. And Mark, the epitome of a triumphant business creator, has decided the time is right to share his own experiences to inspire a next generation of like-minded visionaries.

Value is a verb, and entrepreneurial valuation is the process of figuring out what others (should) value. The process is a challenging one, fraught with difficulties. If you are considering your own entrepreneurial journey, how do you start? How do you come up with a good idea? How do you know if your idea is good or if consumers would pay for it? Entrepreneurial Valuation brings to life cutting-edge research on value theory, challenging the prevailing wisdom that entrepreneurial valuation is as simple as asking consumers what they want. In fact, consumers often don't know what they (should) want. Value is a learning process, and consumers are learning what to want over time. Entrepreneurial Valuation will teach you how to follow consumers through this value learning process until you understand them enough to lead themon their journey.

The classic and dominant paradigm of entrepreneurship emphasizes the relatively universal and homogeneous responses of a small, but influential, minority as they make unique and breakthrough contributions. Entrepreneurs are often viewed as inspired individualists who possess the courage to'go against the grain'as they risk it all to pursue an impassioned vision. According to Joseph Schumpeter and those who build upon his seminal perspectives, such entrepreneurial individuals pursue a path of'creative destruction'that paves the way towards true and innovative progress. Today, state of the art research is tempering and transcending this classic vision by acknowledging a wider array of cultural, psychological, and environmental contexts, influences, and responses. This monograph contributes to this research stream by viewing entrepreneurs within a cultural perspective and advocating viewing entrepreneurship in'culturally competent'ways. Presenting these perspectives in a short and circumscribed volume provides an elegant and influential means of disseminating these important perspectives. Entrepreneurship and Culture expands beyond popular and conventional views of entrepreneurship and provides readers with alternative perspectives in even-handed ways. It shows the latest state of knowledge on the topic and will be of value both to advanced students, and to academics and practitioners in the fields of entrepreneurship, international business, leadership and organizational studies. Beyond the business school, this book will also be of interest to anthropology, economic development, and indigenous studies scholars.

How do you sell an innovative product to a market that does not yet exist? Entrepreneurial businesses often create products and services based on radically new technology that have the power to change the marketplace. Existing market research data will be largely irrelevant in these cases, making sales and marketing of innovative new products especially challenging to entrepreneurs. Entrepreneurial Marketing focuses on this challenge.Classic core marketing concepts, such as segmentation, positioning, and the marketing mix undergo an ‘extreme makeover'in the context of innovative products hitting the market. Edwin J. Nijssen stresses principles of affordable loss, experimentation, and adjustment for emerging opportunities, as well as cooperation with first customers. Containing many marketing examples of successful and cutting-edge innovations (including links to websites and videos), useful lists of key issues, and instructions on how to make a one-page marketing plan, Entrepreneurial Marketing provides a vital guide to successfully developing customer demand and a market for innovative new products. This third edition has been thoroughly expanded, including: Expanded content on leveraging digital technologies and their new business models More practical tools, such as coverage of the Lean Canvas model Updated references, cases, and new examples throughout; and, Updated online resources This book equips advanced undergraduate and postgraduate students of marketing strategy, entrepreneurial marketing, and entrepreneurship with the fundamental tools to succeed in marketing.

Supporting employee entrepreneurship is among major challenges contemporary organizations face. Many facets of corporate entrepreneurship are investigated, and the body of knowledge in the field is growing rapidly; nevertheless, there are still knowledge and research gaps to be filled. Notably, while there are studies linking HRM with corporate entrepreneurship, studies on connections between CSR-oriented practices and corporate/employee entrepreneurship are to be developed.The main goal of this book is to explain relationships between corporate volunteering and employee entrepreneurship in organisations. The book combines two extremely vivid fields of research: entrepreneurship and corporate social responsibility. Based on their own research, the authors present how participation in corporate volunteering, as one of the CSR practices in organisations, leads to strengthening employee entrepreneurial behaviour. The book offers a framework showing the role of CSR practices in shaping entrepreneurial and innovative employees'behaviour.This book is aimed mainly at postgraduates, researchers and academics in the fields of entrepreneurship and corporate volunteering. As it touches vital fields of managerial education and management, it will also be of interest to master level students at universities or business schools as well as business practitioners.