Articles tagged with Entrepreneurship
Research from Texas McCombs finds that developers who multihome their software attract more users to the original product, improving its performance and standing out in the market. The study also shows that multihoming can lead to a 5.3% increase in average monthly usage for similar products.
A study from the University of Surrey found that businesses with dynamic capabilities can collaborate better with suppliers to improve environmental practices. MNEs willing to take risks benefit more in addressing simpler environmental challenges like sustainability standards and waste reduction strategies.
A study by ECU's Professor Pi-Shen Seet and Associate Professor Wee-Liang Tan found that positive family events have a greater influence on the survival of new ventures, leading to overconfidence and poor decision-making. This can increase vulnerability to making mistakes that harm the venture.
New research reveals that women entrepreneurs face significant biases in startup financing, with higher loan rejection rates and poorer credit terms. The study found that societies with greater women's empowerment actually exacerbate these gaps, suggesting a need for policy interventions to address the issue.
Startups are advised to prioritize experimentation and product-market fit over early scaling, with platform companies being particularly vulnerable to failure. The study's findings contradict popular notions that rapid growth is necessary to prevent competitor imitation.
Researchers found that 55% of startup firms conduct systematic marketing, but early-stage B2B firms are the least likely to do so. Early-stage B2C firms benefit from systematic marketing more than late-stage B2B firms. The study suggests that investors and entrepreneurs can use this framework to determine whether to invest in marketing.
The University of Houston contributes to the local hydrogen ecosystem through Texas Innovates' winning proposal, 'Carbon and Hydrogen Innovation & Learning Incubator.' The organization will provide incubation, access to partner laboratories, and scale-up support for hydrogen startups in the greater Houston region.
Owner-managers' matching competence is essential in the early years of a firm to theorize about potential value combinations. The study also found that family dynamics can hinder growth by constraining owners' judgment and preventing professionalization, but introducing governance mechanisms can resolve this challenge.
A study found that companies with top management from Shiga Prefecture exhibited better environmental, social, and governance (ESG) performances. The Sanpo-yoshi values promoted inclusivity and elevated ESG metrics, suggesting a global standard for responsible business practices.
The study identifies three patterns of resilience: adjusting, absorbing, and adopting, each with strengths and weaknesses. Strategies include flexible deadlines, margins, bite-sized shifts, patience, and recognizing time as a fundamental element for dealing with environmental changes.
The World Innovation Summit for Health (WISH) has announced its 2024 Global Healthcare Innovation Competition at Web Summit, open to visionary entrepreneurs and health-focused startups. Winners will receive an invitation to showcase their innovations at WISH 2024, investment awards, and access to industry experts.
West Virginia University researchers introduced a new database showing occupational licensing's impact on the workforce, highlighting how licenses increase cost and time to enter professions, affecting consumers. The database encompasses 50 jobs across all 50 states, providing insights into licensing standards, fees, and requirements.
Research by Marius Ring finds that entrepreneurs whose personal stock portfolios lose value suffer ripple effects, including less financing and curtailed hiring, which disproportionately affect younger companies.
A Brazilian study analyzed how low-income communities deal with the effects of the economic crisis in São Paulo city. The research found that entrepreneurship is a main strategy used by members of poor communities to participate in the economy, with over 15 million people registered as micro-entrepreneurs nationwide.
The book provides a systematic analysis of the Chinese credit bond market, covering institutional, technological, macroeconomic, and microeconomic factors. It offers tools for investors, fund managers, researchers, and university students to understand the market's evolution, existing problems, and development direction.
A study by WVU researcher Nancy McIntyre reveals that individuals with ADHD tend to use routines and patterns to store stimuli from their environment, allowing them to make connections and file away resources for future use. This helps entrepreneurs with ADHD excel in qualities such as alertness, adaptability, and entrepreneurial intent.
New research from Texas McCombs found that startups have an outsized number of future citations, sparking more innovation in emerging industries like photovoltaic cells. Startups' inventions are more likely to be cited by universities and companies due to resource disparities, academic citations, and prior lawsuits.
A new study found that women's success as leaders in family businesses is deeply rooted in how employees interpret their leadership style, with a focus on inclusive and supportive cultures. Women can leverage their business's commitment to learning and open-mindedness to support entrepreneurship, but face biases in nonfamily firms.
A new study demonstrates the importance of diverse social ties to entrepreneurship, even in divided societies. Researchers found that entrepreneurs used tactics like finding commonalities and defocusing on ethnicity to build trust and access resources. The study offers specific strategies for navigating partisan divides productively.
A new study finds that general human capital weakens growth aspirations in pro-market contexts, while specific human capital strengthens them. During crises, the dynamic shifts, with negative interactions vanishing and positive interactions becoming more pronounced for entrepreneurs with market experience.
A new model shows that boards should invest more resources to confirm the CEO's plan when they are mildly overconfident. However, if the CEO is highly confident, the board should act as a monitor and only intervene if necessary. In extreme cases, visionary CEOs may be allowed to run with their ideas without intervention.
Binghamton University will receive $6 million from the NSF to translate cutting-edge research into real-world applications and promote regional entrepreneurship. The initiative aims to increase the university's capacity for translational research, providing students with practical training and career development opportunities.
A $2 million three-year grant from the U.S. Department of Commerce will create a regional incubator for life sciences startups in South Carolina, providing them with expertise, resources, and networking opportunities.
A new study by UCF researcher Jeff Gish found that former entrepreneurs can successfully transition into employees, especially in roles harnessing their entrepreneurial spirit. Identity conflict between old and new selves was associated with burnout and lower boosterism levels.
The new GEET+ 2.0 report and assessment tool aims to integrate equity, diversity, and inclusion into business-training curriculums, enhancing program content and delivery. By identifying biases and stereotypes, organizations can create more inclusive entrepreneurship systems, ultimately improving access to resources for underrepresente...
A recent study published in Work and Occupations found that gig workers experienced higher rates of food insecurity, skipped housing payments, and unpaid credit card bills during the COVID-19 pandemic. Economic hardships were more pronounced for those with children, less savings, or working multiple gig jobs.
A new study found that growth mindset training enhances entrepreneurial programs by 50%, enabling individuals to apply learned business principles effectively. The research team discovered a significant increase in entrepreneurial actions among those who received the training, which helped overcome fixed mindsets and scarcity mentality.
A recent study found that recruiters are less likely to rank former startup founders as top candidates due to biases in evaluating their skills and cultural fit. Smaller companies and recruiters with entrepreneurial aspirations tend to view entrepreneurs more favorably, but overall, startups remain less hireable than corporate executives.
Researchers found that job seekers were 20% more likely to search for work at companies with over 500 employees after March 13, 2020. The average size of companies searched increased by 29%, driven by highly-skilled and better-educated candidates, which can impact startup success.
The STARTUP Central project empowers public university researchers to commercialize their biomedical innovations. A smart online educational curriculum, InspireU2 iTi, will train academics on product development, business structuring, and more. The program aims to bridge the gap between groundbreaking discoveries and real-world solutions.
CityU and AFCR have signed a MoU to promote cutting-edge cancer-related innovative inventions and commercialization. The partnership aims to foster the development of biomedicine and related innovation, with world-leading scholars from Harvard Medical School attending the inaugural 'Innovation Series in Biomedicine' forum.
The Oak Ridge National Laboratory's Safari program aims to connect post-exit entrepreneurs with commercially relevant technologies developed by world-leading scientific experts. The program seeks to expedite the transition of research toward the marketplace, promoting U.S. competitiveness and national security.
The Graphene Flagship project has produced significant contributions to Europe's GDP and GVA, with an estimated return on investment of 14.5-fold. By 2030, the project aims to create over 81,000 jobs internationally.
The study found that individuals with hearing difficulties, vision impairments, and cognitive disabilities had the highest employment rates, with 52%, 40.3%, and 31.9% respectively. Remote work became essential during the pandemic, contributing to the surge in employment-to-population ratios for people with disabilities.
High-ability workers prefer startups over large firms due to career preferences and non-monetary benefits. They value autonomy and opportunities to work on cutting-edge technologies.
A randomized controlled experiment found that growth mindset training significantly improved the confidence of entrepreneurs in Tanzania, leading them to take more action in applying new skills. This breakthrough has implications for entrepreneurship training and teaching more generally.
The partnership supports 13 startups, most of which are new to East Tennessee, providing training, mentoring, and connections with regional government agencies and industry. The combined program aims to grow Knoxville's entrepreneurial community and strengthen its clean energy innovation ecosystem.
The seventh cohort of Innovation Crossroads aims to develop transformative energy technologies. Cohort 7 fellows are creating innovative solutions for plastic waste recycling, energy storage, and wind turbine blade production.
A new study published in Strategic Management Journal finds that when parent firms identify and implement ideas internally, they outperform spinouts. The probability of survival for spinouts is about 64% at age three, compared to 59% for new establishments of parent firms, which closes the gap by age seven
The study found that team composition changes significantly affect a new venture's ability to innovate. After adjusting for lost and gained experiences, the findings suggest that turnover has a net positive effect on innovation. Reflective episodes during membership transitions can stimulate creativity and spur innovation.
The article explores how AI will revolutionize leadership, with humans needing to understand AI's capabilities to lead effectively. The author argues that AI will be more effective than average leaders in addressing basic psychological needs of employees.
Forcing private firms to disclose their financial statements leads to more mergers and acquisitions (M&As) and better deals. The study found that mandatory reporting intensity is positively correlated with M&A activity and targets' growth rates after the acquisition.
A multidisciplinary study found evidence of increased neuronal connectivity in the brains of serial entrepreneurs, suggesting they possess greater cognitive flexibility. This increased flexibility enables them to alternate between exploration and exploitation, crucial for entrepreneurial success.
A University of Washington study examines the effects of strategy courses on MBA students' decision-making abilities, industry concerns, and mental representations. The results show that strategy courses improve accuracy, increase attention to broader details, and boost confidence among students.
A new study suggests that a business's long-term success depends on its founding conditions, rather than changing market environments. Businesses founded in dynamic environments with functionally diverse teams tend to survive environmental change through slower decision-making and increased creativity.
This book provides a comprehensive guide to navigating the challenges of entrepreneurship, offering insights from a multi-year research project. It shares lessons and strategies for identifying business opportunities, executing ideas, and adapting to environmental changes.
Research finds that using unconventional spellings can lead to decreased consumer trust and loyalty, but may have positive effects in contexts where consumers seek a memorable experience. The study suggests caution for firms launching new brands with unusual spellings.
A recent study published in the Strategic Entrepreneurship Journal found that diverse founding teams lead to longer survival in ventures facing increasingly uncertain environments. The research, conducted by Carnegie Mellon University and other institutions, revealed that functionally diverse teams are better equipped to handle high le...
A new study by the University of East Anglia found that large infrastructure projects can create lasting local impact when they offer place-based micro-enterprise training and employment support. The project, INCREASE VS, has helped over 4,500 participants start their own businesses and access work and education opportunities.
A recent study published in the Strategic Entrepreneurship Journal suggests that individuals speaking languages with strong future time references are more likely to engage in social entrepreneurship due to their mindset placing a strong value on immediate results. The researchers found that countries with weak rule of law and corrupti...
Research by University of Missouri expert Naresh Khatri shows that companies with effective HR and IT departments thrive when allowing employees to work from home. Employees can complete collaborative tasks with similar quality and quantity, regardless of location.
The five finalists of the Bright SCIdea Challenge will compete for a £5,000 prize by pitching their scientific business ideas that could benefit society. The project ideas include burn treatments and environmental calculators.
A new study from Copenhagen Business School suggests that second-generation immigrants' likelihood to become entrepreneurs is linked to their parents' cultural background. The research shows that entrepreneurship policies and programs could benefit from taking cultural context into account.
Shuttle Revolution, a 2.5D badminton fighting game developed by Head Empty Studios, has won the top prize in the Tranzfuser competition. The team plans to continue developing the game with paid content and explore careers as indie devs.
UK breweries adapted to the pandemic crisis by embracing urban locations and innovations, such as free same-day local delivery and tap takeovers. The research highlights the importance of community support and financial assistance in helping breweries survive.
Researchers explore the 'what to sell' question in companies, finding three primary drivers: technology market, firm capabilities, and marketing capabilities. This decision comes before the 'how to sell' question, influencing costs and revenue models.
A recent study by Mario Daniele Amore and Sebastian Schwenen found that firms that hire lucky CEOs experience declining results. Lucky CEOs possess greater bargaining power, leading to higher compensation and more attractive job assignments. However, this is associated with poorer company performance and slower growth.
A new study by Bayes Business School finds that spinouts benefit from some market overlap with their parent companies, but only up to a point. The degree of overlap can have positive effects on survival, but also sparks hostile actions and lowers chances of success.
A new study published in Strategic Entrepreneurship Journal found that more charismatic CEOs result in higher IPO prices and smaller offer price ranges. In contrast, humility among CEOs leads to uncertainty among investors and lowers IPO prices.
A new study from Iowa State University finds that more education increases self-employment rates in the US, particularly in high-growth industries. For women, additional years of education also boosts entrepreneurship by increasing their confidence, according to economists John Winters and Kunwon Ahn.