Thanks to a $3.8 million gift, the University of Maryland has renamed its prestigious entrepreneurship center to honor the legacy of longtime business dean Rudy Lamone.
Tag: Entrepreneurship
Elaborating On Ethnic Entrepreneurship: How Differences in Immigrant Founders’ Strategic Choices Regarding Human Capital Sourcing Affect Business Model Designs and Evolution
Abstract Strategic human capital literature assumes founders mobilize human resources from the market. Social capital research shows that relying on nonmarket sources, such as ethnic communities, for resources results in distinct ways of organizing business activities in immigrant and nonimmigrant…
City of San Diego Partners with UC San Diego to Expand Employee Education Options
The University of California San Diego’s Division of Extended Studies and the Rady School of Management have partnered with the City of San Diego to offer free and discounted tuition as well as scholarships to city employees over the next five years.
New Members Named to CSUF Philanthropic Foundation Board of Governors
Community leaders and entrepreneurs are among the newest members of Cal State Fullerton’s Philanthropic Foundation Board of Governors, the nonprofit auxiliary organization established to build and strengthen CSUF’s relations with the community and encourage advocacy, investment in and support of the university.
Entrepreneurs who take funding from close family and friends are more likely to pursue lower-risk growth options
Entrepreneurs often lack resources and funding needed to launch a venture and reach out to family and friends for initial support. But is it always good for a startup when individuals close to the founder are asked if they want to “be on the ground floor of something good?” New research from three Indiana University Kelley School of Business professors finds that such close ties to investors can lead founders to make more conservative venture growth decisions and make them more hesitant to take risks.
Refugee Entrepreneurship: Resolving Multi-contextuality and Differential Exclusion
Abstract This study examines the multi-contextual dynamics of refugee entrepreneurship through the lens of embeddedness. It attempts to explain the interplay of inclusion and exclusion within a host society. For this purpose, the study qualitatively analyses the narratives of 39…
University Student’s Start-Up Expands, Connecting Small Coffee Farmers to the World
After less than two years in operation, a business founded by a Saint Louis University student has gone from dorm room to the world. Moii Coffee, founded in early 2023 by Firaol Ahmed, a senior in the Richard A. Chaifetz School of Business, began with Ahmed selling coffee out of his residence hall at SLU. Today, with the addition of partner and SLU alum Andy Irakoze, the business is a supply chain and logistics firm connecting coffee farmers in Africa with roasters in North America.
Bridging the industry-university divide pays off for mission-driven institutions
A new report lays out a blueprint for success for universities and industry partners alike, with a focus on leveraging universities’ research expertise and facilities to support industry needs.
The Lean Startup as an Actionable Theory of Entrepreneurship
Abstract Academic theories of entrepreneurship and applied theories of entrepreneurship have historically been siloed. In this article, we connect the Lean Startup, a widely used and applied approach toward entrepreneurship, with selected academic theories of entrepreneurship. In doing so, we…
Lean Hypotheses and Effectual Commitments: An Integrative Framework Delineating the Methods of Science and Entrepreneurship
Abstract Recently, there is increasing interest in building theories that offer actionable guidance to the practice of entrepreneurship. Here I present a general theoretical framework, called CAVE, for understanding, assessing, and enhancing existing tools that offer such guidance. The framework…
Lean Start-Up in Settings of Impoverishment: The Implications of the Context for Theory
Abstract We examine the application of “lean start-up” in impoverished non-Western contexts. Specifically, we focus on settings of impoverishment in which individuals earn less than $3.65 per day. We focus on how two attributes of these contexts—institutional differences relative to…
Entrepreneurship and Democracy: A Complex Relationship
Abstract This research note critically extends Audretsch and Moog’s work on the relationship between democracy and entrepreneurship. While Audretsch and Moog present a positive relationship between democracy and entrepreneurship, we find that key measures of entrepreneurship are frequently negatively, not…
CLA Introduces New “How to Start a Laundromat” Workshop for Aspiring Entrepreneurs
CLA, formerly the Coin Laundry Association, is introducing the How to Start a Laundromat workshop, a one-day, in-person event designed to equip aspiring entrepreneurs and investors with the tools needed to succeed in the growing laundry business. Scheduled for Tuesday, Nov. 12, 2024, at the Hilton Chicago/Oak Brook Hills Resort & Conference Center in Illinois, this workshop will provide practical guidance directly from successful laundromat operators, who will share real-world strategies on everything from selecting the right location to navigating financing options. Attendees will gain actionable insights from industry veterans, covering key considerations like building versus buying a laundromat.
Entrepreneurial curiosity and firm innovation: Exploring the mediating role of information search in new technology ventures
Abstract Innovation is considered an important ingredient for new venture survival. However, our understanding of the role of individual entrepreneurs in facilitating its occurrence is relatively limited. While it is often claimed that curiosity is important in entrepreneurship, there is…
Do makerspaces affect entrepreneurship? If so, who, how, and when?
Abstract Research Summary Makerspaces are physical spaces that offer individuals fabrication tools and materials (e.g., 3D printers) to make artifacts. Although not designed specifically for entrepreneurs, these spaces offer affordable access to rapid prototyping infrastructure. This study examines whether makerspaces…
The pitfalls of passion: How it can backfire at work—and what managers can do about it
When plotting their career trajectories, young professionals are often encouraged to follow their passion. And in the entrepreneurial world, passion is often seen as a key ingredient for success. But figures such as Elon Musk, known for his passion as well as arrogance, show that this drive is not without its perils—including what researchers call “performance overconfidence.”
Unraveling the puzzling risk–return relationship: Distinctive roles of government involvement in venture capital investment
Abstract Research Summary Government involvement plays a significant role in fostering entrepreneurship. We examine how government involvement in venture capital (VC) investments shapes the decoupling between risk-taking and investment returns. We distinguish government involvement through state ownership (GVC) and personal…
Spinning Out a New Biomaterials Startup Is Harder Than You Think
Spider silk, long prized for its strength and elasticity, has created something of a furor in the biomanufacturing world as businesses look for ways to cheaply scale up production for silks, which can be used in everything from tactical gear to sutures and textiles. However, a comprehensive study conducted by a team of students from around the country, including University of California San Diego, shows that there are many challenges facing the spider silk industry.
Making business model decisions like scientists: Strategic commitment, uncertainty, and economic performance
Abstract Research Summary This study abductively investigates how a firm’s degree of business model development—the extent to which strategic choices are crystallized—moderates the impact of a scientific approach to decision-making on performance. We present findings from a field experiment involving…
Employment restrictions on resource transferability and value appropriation from employees
Abstract Research Summary We examine the joint adoption of four employment restrictions that limit firm resource outflows—nondisclosure (NDA), non-solicitation, non-recruitment, and noncompete agreements—and their associations with value appropriation from employees. Using novel individual- and firm-level survey data, we find that…
Democratizing chip design with Chips4All
NYU Tandon School of Engineering is spearheading a novel initiative aimed at expanding access to semiconductor design education, supporting key objectives of the bipartisan CHIPS and Science Act and bolstering NYU’s growing prominence in chip design.
Innovation Crossroads welcomes seven entrepreneurs for Cohort 2024
Seven entrepreneurs comprise the next cohort of Innovation Crossroads, a Department of Energy Lab-Embedded Entrepreneurship Program node based at Oak Ridge National Laboratory. The program provides energy-related startup founders from across the nation with access to ORNL’s unique scientific resources and capabilities.
Cleaning the window of opportunity: Towards a typology of sustainability entrepreneurs
Abstract Essential for targeting the urgent societal challenges of today and tomorrow, entrepreneurial activity requires deeper, more thorough information on sustainability entrepreneurs. Through an opportunity recognition process lens, this study contributes to deriving a typology of sustainability entrepreneurs by underscoring…
Unobserved heterogeneity in firm performance: The alignment of entrepreneurial orientation and organizational error management culture
Abstract Most prior research has focused on the positive relationship between a firm’s entrepreneurial orientation (EO) and its performance. However, errors in entrepreneurial strategies are inevitable. We argue that entrepreneurial firms benefit from an organizational error management culture. Drawing on…
Revision needed? A social constructionist perspective on measurement scales for assessing gender role stereotypes in entrepreneurship
Abstract This article compares contemporary views of who and what constitutes entrepreneurship with dimensions captured in established scales for determining gender role stereotypes associated with entrepreneurship. In so doing, we respond to ongoing debates about the timeliness, contextualisation and predetermination…
The creation of collective enterprises for social impact: An agency perspective
Abstract There is growing recognition of the important role that collective enterprises for social impact can play in resolving grand challenges. New forms of collective organisation are appearing on a global basis, yet we still know little about the process…
The creation of collective enterprises for social impact: An agency perspective
Abstract There is growing recognition of the important role that collective enterprises for social impact can play in resolving grand challenges. New forms of collective organisation are appearing on a global basis, yet we still know little about the process…
Pride in family businesses: Authenticity, hubris, and cultural insights
Abstract Research on family businesses praises the benefits of feeling proud of the family firm. However, pride displayed by next generation family members, who may have (yet) contributed little to the success, can create negative impressions. Building on emotions-as-social-information theory…
Perceived Corruption, entrepreneurial exposure and entrepreneurial career Intention: Evidence from five emerging countries
Abstract In an attempt to extend the remit of the Theory of Planned Behaviour, this study investigates the moderating influence of corruption on the association between entrepreneurial exposure and individuals’ entrepreneurial career intention. Also, to account for the influence of…
Getting to know someone in ten seconds: Social role theory and perceived personality in entrepreneurial pitch videos
Abstract This manuscript investigates first impressions of the Big Five personality traits in entrepreneurial pitch videos through the lens of social role theory. We develop hypotheses which frame perceived entrepreneurial personality as a configuration of perceived big five traits. We…
Dialogue and the micro-processes of founder meaning-making during growth
Abstract This article draws upon dialogic theory to explore how meaning is co-constructed in dialogue as founding entrepreneurs devise strategies for venture growth. Drawing from a longitudinal study of the impact of a UK University business growth programme upon such…
The critical role of assertiveness of women business owners in the link between firm performance and family instrumental support
Abstract Drawing on the cognitive psychology of entrepreneurship, bounded rationality and role congruity perspectives, we investigate the moderating role of the assertiveness of women business owners in the relationship between their business performance and subsequent family-to-business instrumental support. Previous research…
Collective entrepreneurship in low-income communities: The importance of collective ownership, collective processes and collective goods
Abstract By focusing on individualised theories of entrepreneurship, mainstream entrepreneurship literature often marginalises entrepreneurship as a product of collaborative action. Addressing this limitation, our emphasis on collective entrepreneurship is contextualised in the setting of low-income communities and draws out three…
I am passionate therefore I am: The interplay between entrepreneurial passion, gender, culture and intentions
Abstract We investigate the role of gender and culture on the relationship between entrepreneurial passion and entrepreneurial intentions, using social cognitive theory as the underlying theoretical framework. We place our research in two culturally different nations, namely, the United Kingdom,…
Researchers studying challenges female and minority entrepreneurs face in rural areas
The research, led by Heather Stephens, professor of resource economics and management and director of the West Virginia University Regional Research Institute, aims to identify what factors could support entrepreneurship for women and minorities, as well as barriers that deter them from starting their own businesses.
The role of institutions in early-stage entrepreneurship: An explainable artificial intelligence approach
Abstract Although the importance of institutional conditions in fostering entrepreneurship is well established, less is known about the dominance of institutional dimensions, their predictive ability, and more complex non-linear relationships. To overcome the limitations of traditional regression approaches in addressing…
From chalkboard to boardroom: Unveiling the role of entrepreneurship in bolstering academic achievement among professors
Abstract Entrepreneurial activity by academics is a critical component of university technology transfer. However, academics at the professorial level often express concerns that engaging in entrepreneurial activity might harm their research performance due to the perceived diversion of focus from…
Give a plum in return for a peach: The effect of entrepreneurial informal financing on environmental corporate social responsibility
Abstract Newswise — Private enterprises in emerging economies, such as China, heavily rely on informal financing (IF) due to their small firm-specific financial constraints. This study sheds light on the incongruent findings concerning the relationship between IF and entrepreneurial environmental…
How entrepreneurs influence their employees’ job satisfaction: The double-edged sword of proactive personality
Abstract This paper aims to enhance our understanding of work and wellbeing in the entrepreneurial society. We integrate research on proactive personality (PP) and job design to explore how entrepreneurs’ PP impacts their employees’ job satisfaction by shaping employee job…
Changing epilepsy care through entrepreneurship: Dr. Mark Cook
Dr. Cook realized, when his father was diagnosed with epilepsy, that a system to identify and predict seizures could improve care and change people’s lives. In this episode, Dr. Cook talks about entrepreneurship in epilepsy and advancing the field through innovation.
UAH researcher’s paper is cited in new FTC ruling banning noncompete agreements for entrepreneurs nationwide
On April 23, 2024, the Federal Trade Commission (FTC) announced a ruling banning most noncompete agreements (NCA) nationwide which cites a paper co-authored by a researcher at The University of Alabama in Huntsville (UAH). Dr. Ege Can in the College of Business at UAH, a part of the University of Alabama System, studied the impact of NCAs on entrepreneurship, highlighting how banning NCAs could boost business innovation.
Researcher determines ADHD gives entrepreneurs an edge
The brains of people with ADHD function in ways that can benefit them as entrepreneurs, according to research from the West Virginia University John Chambers College of Business and Economics.
Saint Louis University’s Chaifetz Center for Entrepreneurship Launches New Venture Accelerator
A new initiative in Saint Louis University’s Chaifetz Center for Entrepreneurship will offer students and young alumni an opportunity to launch their businesses with financial support, resources, and mentoring from SLU experts.
UC Irvine launches climate action innovation hub with $1 million state grant
Irvine, Calif., Sept. 14, 2023 — The State of California, through the University of California Office of Research and Innovation, has granted $1 million to the University of California, Irvine for the establishment of a broad, collaborative initiative to accelerate the growth of companies focused on climate goals.
On second thought…..
When employees share a great idea but wind up getting assigned even more more work to make it happen, they keep future great ideas to themselves. Managers can keep communication open by providing support and assistance to help employees bring their great ideas to life.
New startups join Argonne’s entrepreneurship program
Four startups joined Chain Reaction Innovations, the entrepreneurship program at Argonne, to develop clean energy technologies over two years.
ORNL, UT’s Spark Cleantech Accelerator partner to support entrepreneurs
Entrepreneur-fellows in Innovation Crossroads, a Department of Energy Lab-Embedded Entrepreneurship Program at Oak Ridge National Laboratory, will complete the Spark Cleantech Accelerator, a 12-week program offered by the University of Tennessee, Knoxville, Spark Innovation Center at the UT Research Park.
AI as a leader? A conversation we need to have!
How can an AI become the boss? Already during the COVID-19 pandemic, we have seen how crucial digital technologies have become for leadership.
UMD Smith Names Michael Hoffmeyer as Dingman Center Managing Director
Michael Hoffmeyer will lead a center integral to the University of Maryland’s high ranking for undergraduate entrepreneurship studies.
$900,000 Ratcliffe Foundation Gift to Continue SU Shore Hatchery Entrepreneurship Program Through 2026
Over 100 entrepreneurs have made their dreams a reality with the help of Salisbury University’s Philip E. and Carole R. Ratcliffe Foundation Shore Hatchery entrepreneurship competition. The foundation has pledged an additional $900,000 to continue its sponsorship through 2026.