{"title":"Psychology in Entrepreneurship and Economic Evolution","authors":"C. Reschke","doi":"10.3990/2.268485624","DOIUrl":"https://doi.org/10.3990/2.268485624","url":null,"abstract":"In this paper I describe the processes of internal and external selection of a business project before official founding. I put particular emphasis on the psychological processes of 'internal' selection in an aspiring entrepreneur. The project deals with development and commercialisation of innovative DNA-Biochips. These can be used to detect gene-based health conditions and in drug discovery. The case study is used to test some conjectures on the operation of evolutionary principles in economics and to identify similar and differing characteristics in visionary technologists and entrepreneurs.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130343890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Co-Solving Entrepreneurial Problems within Business Incubators : Summary","authors":"Terrence Terrence Ogenio","doi":"10.3990/2.268472815","DOIUrl":"https://doi.org/10.3990/2.268472815","url":null,"abstract":"","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"42 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121286127","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"An opportunity-based approach to international entrepreneurship: pursuing opportunities internationally through prospection","authors":"Manjo Oyson, D. Whittaker","doi":"10.3990/1.268486946","DOIUrl":"https://doi.org/10.3990/1.268486946","url":null,"abstract":"This paper argues for a better understanding of entrepreneurship in international entrepreneurship – the ‘E in IE’. The paper suggests that the central role of opportunity formation and exploitation in entrepreneurship research should be fully explored in IE. The entrepreneur-firm-opportunity nexus in internationalisation is examined through an opportunity-based approach (OBA). This suggests that the process of internationalisation may be conceived as the formation and exploitation of international entrepreneurial opportunities. The subjective, entrepreneurial ability to create an imagined future – ‘prospection’ – is examined to show how entrepreneurs use prospection to: creatively imagine combinations of firm capabilities and market opportunities to form entrepreneurial opportunities. A typology of entrepreneurial opportunity formation is advanced which distinguishes between opportunity discovery, development, construction, and creation. The paper concludes by suggesting how the OBA can help explain the choice of foreign markets, early internationalisation, speed of internationalisation, and foreign entry modes.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"153 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120863838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ValuePOLE: an ex-ante predictive revenue performance tool for NPD in SMEs","authors":"Annmarie Sheahan, A. Ledwith, C. Sheahan","doi":"10.3990/2.268486638","DOIUrl":"https://doi.org/10.3990/2.268486638","url":null,"abstract":"Decision makers within SMEs face many competitive threats but also have a range of development opportunities available to them to advance the competitive position of their firm. These opportunities typically include development of new products and/or the improvement of their process performance. However it is very difficult to decide, ex-ante i.e. before-the-event, to which combination of new product development and/or improvement opportunities the SME should devote resources for the firm to maximise its economic performance. This is of strategic importance, given the limited resources available to SMEs. The ValuePOLE project addresses this challenge. ValuePOLE, a collaborative research project between academics and SME practitioners, is funded under the EU’s Seventh Framework Programme, Research for the Benefit of SMEs. Its objective is to deliver a Model, an ICT Tool and a Methodology to answer this challenge for the SME decision maker so that they can maximise their competitive position with the minimum investment of resources. This paper describes the project as well as the results to date at the four SME case study firms.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129648519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"\"Entrepreneurial Management\" as a Strategic Choice in Firm Behavior: Linking it with Performance","authors":"Birte Kuhn, S. P. Saßmannshausen, Roxanne Zollin","doi":"10.3990/1.268474933","DOIUrl":"https://doi.org/10.3990/1.268474933","url":null,"abstract":"Establishing the core principals of “entrepreneurial management” within an organization describes a certain strategic choice that affects a company in six dimensions, according to Stevenson (1983). Our aim is to empirically measure entrepreneurial management (it’s existence and degree) and to link this measured strategic choice (for or against) entrepreneurial management with firm performance. Our argument here is that companies that follow core principals of entrepreneurial management should outperform other more administrative firms in certain measures of strategic performance. This paper builds on an empirical investigation published by Brown, Davidson & Wiklund (2001), who have developed and tested a reliable measurement instrument for Stevenson’s definition of “entrepreneurial management” (Stevenson 1983, Stevenson & Jarillo 1990). In the first part of our paper we aim to replicate and to some extent improve this study. In the second part we link the measured degree of “entrepreneurial management” with firm performance. To our knowledge, even so Stevenson’s definition of entrepreneurial management is commonly acknowledged and Brown et al. (2001) developed a reliable instrument to empirically capture this behavioral approach to management, the construct of entrepreneurial management never before has been linked to firm performance in an empirical study. Since most papers on corporate entrepreneurship and firm performance are based on Covin & Slevin’s (1991) or Miller’s (1983) concept of entrepreneurial orientation, we contribute to the literature on corporate entrepreneurship in a novel way, given the fact that the entrepreneurial management dimensions measured in our study can theoretically and empirically be clearly distinguished from the construct of entrepreneurial orientation as defined by Covin & Selvin (1991).","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127385326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Decision making process: a comparison between family business and non-family business in the construction industry the Bayesian causal map","authors":"Leilanie Mohd Nor","doi":"10.3990/2.268473786","DOIUrl":"https://doi.org/10.3990/2.268473786","url":null,"abstract":"This is a conceptual paper in exploring the differences in decision making process between family business and non-family business in the construction industry in Malaysia. The understanding of the complexity and dynamics of a family business is becoming more prevalent among researchers. Fast decision making is not only seen as necessary but crucial to ensure speed and efficiency in responding to market opportunities and maneuvering through market uncertainties and tumultuous environment, with the intention to diversify their businesses by finding opportunities towards new venture creation. This study intends to suggest how to simplify decision making and find tactics to have quality decision making. Hence, this study will focus primarily on the decision making process which is mapped against the Bayesian causal map.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132850442","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Government’s Role as Public Venture Capitalist in High-Technology Small and Medium Sized Enterprises","authors":"J. Grundling, L. Steynberg, Anrui Wang","doi":"10.3990/2.268475236","DOIUrl":"https://doi.org/10.3990/2.268475236","url":null,"abstract":"Productivity growth is dependent on technological advancement. However, capital constrains commercialization of technology, which venture capital could solve. Still, a capital supply gap exists between venture capital and technology commercialization, especially in the start-up stages of high-technology enterprises. The outcome of this research will provide guidelines for participation in the public venture capital industry. This research introduce the government as public venture capitalist for filling the gap between technology opportunities and technology commercialization and found that the government plays an important role in high-technology enterprises in developing countries. Further, the venture capital industry adopts various operational models, especially in developing countries that lacks legal and accounting infrastructure. In the infancy stage, government plays a catalyst, but indispensable role.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133987719","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exploring Strategic Innovation and New Product Development in Family Firms: a theoretical framework and an empirical study","authors":"Lucio Cassia, A. Massis, Emanuele Pizzurno","doi":"10.3990/2.268475315","DOIUrl":"https://doi.org/10.3990/2.268475315","url":null,"abstract":"Strategic innovation and NPD are important dimensions of strategic entrepreneurship (Hitt et al., 2007; Ireland et al., 2003). This paper is focused on strategic innovation management and New Product Development (NPD) in the dominant and most significant form of organizational enterprises: family firms.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127229809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Learning entrepreneurship by entrepreneurial learning?","authors":"Luc E.P.T. de Krosse","doi":"10.3990/2.268476198","DOIUrl":"https://doi.org/10.3990/2.268476198","url":null,"abstract":"That entrepreneurship and entrepreneurial education is a relevant topic nowadays is evident (van Praag, 2006; van der Sluis, 2007; The Oslo Agenda for Entrepreneurship Education in Europe, 2006). This is confrontating universities of applied sciences in the Netherlands with a great challenge, namely to educate more and better entrepreneurs. Main goal of universities of applied sciences is to prepare students to become successful in their profession. Specific for entrepreneurial education programmes we can state that it is their purpose to prepare students to become successful entrepreneurs. From literature it seems that motives and competencies are the most important objectives for educators to focus upon. But are they achieving these goals? Are students, after attending an entrepreneurial education program, more motivated to become entrepreneurs and are they more competent to become successful than before? This research intends to answer the questions whether there is an effect on the development of relevant motives and competencies, whether there is an influence of the learning environment on these effects and whether there are certain causes for the reason that one program has minimum or no effects and other programs have greater effects. For answering these questions every entrepreneurial program will be positioned in a didactic model and all students of the entrepreneurial programs will be asked to make a selfassessment before and after attending the program. After this it should be clear what kind of educational programs are more effective than others. For answering the final question, which are the causes of the differences in effects of the different kinds of program, it will be necessary to interview the responsible developers and teachers.","PeriodicalId":350992,"journal":{"name":"Proceedings of the 18th Annual High Technology Small Firms Conference","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127341150","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}