Articles tagged with Entrepreneurship
A UC Riverside-led study finds that venture capital-backed startups organized as corporations pay more taxes than if they were limited liability companies. The study found that switching to an LLC would yield a tax savings of $43.9 billion, equivalent to 4.9% of invested equity.
Cannabis legalization would reduce arrests and address disparities, but also pose challenges to social equity efforts. Expunging convictions for BIPOC individuals could benefit hundreds of thousands, while promoting equity in the cannabis industry might help a few dozen.
Research from Bocconi University reveals that mafia connections harm a company's financial performance, leading to lower return on assets, higher debt, and lower cash holdings. Connected firms are also more likely to go bust, with a 25.5% increase in default risk.
Kuo-Chu Chang is developing a knowledge graph-based information sharing system with the US Department of Navy. The project aims to improve communication and collaboration among teams.
A study found that women in family-owned businesses are often discouraged from developing leadership skills and pursuing entrepreneurial careers. The research revealed that 78% of sons pursued entrepreneurial careers, while only 7% of daughters gained an entrepreneurial education or started a business.
Research reveals that women entrepreneurs who identify as mumpreneurs prioritize traditional masculine behaviors over feminine traits, sacrificing personal time for business growth. This hybrid approach perpetuates existing power structures in the business world, devaluing those who choose to spend time with their families.
A University of Vaasa study compares the growth stories of Finnish leaders to those in Väinö Linna's novels, revealing culturally established modes of discourse that shape leadership narratives. The research highlights the importance of considering cultural heritage in leader development and education.
A new research study by QUT and RMIT reveals that cities with empowered open-minded populations and dense, diverse environments drive high-impact entrepreneurship and economic growth. Cities like San Francisco and Austin top the list, scoring high in entrepreneurial spirit and innovation.
A team of Penn State Berks-led researchers created a multidimensional model to measure the effectiveness of entrepreneurship education. The model addresses students' intentions to start a business and their perceptions of barriers they might encounter, helping to increase skills and reduce barriers.
UNIST-based student startups have garnered international recognition for their groundbreaking achievements in the smart healthcare sector and online education. The companies have won significant awards, including KRW 150 million in prize money, and have attracted substantial investments, generating over 71.4 billion KRW in revenues.
Researchers found that small companies receiving their first grant experienced strong revenue growth of an average of 1,000% over two years. This approach may generate better returns for economic development than awarding larger grants to established firms.
Research found that emotional intelligence is the stronger predictor of success among entrepreneurs, particularly during times of major disruption and crisis. Those with high emotional intelligence tend to be more successful as business leaders and enjoy success than in traditional jobs and careers.
A study by Washington State University researchers found that cannabis-using entrepreneurs generated more original business ideas but less feasible ones. However, the effect was only observed in those with a strong passion for exploring new business ideas. On the other hand, experienced entrepreneurs were not affected by cannabis use.
Recent research suggests that traditional entrepreneurship education may not be effective in motivating students to pursue entrepreneurial careers. A new study by two researchers found that students' life goals play a crucial role in their decision-making process regarding entrepreneurship. By facilitating an understanding of these lif...
The employment-to-population ratio for working-age people with disabilities increased from 28.1% to 28.8%, while the labor force participation rate also showed a modest increase. These gains are encouraging, but experts caution due to factors affecting economic recovery and COVID-19.
A small Italian town's transformation into a major hub for medical device production is attributed to one man's entrepreneurial spirit and vision. The study, led by Professor Simone Ferriani, highlights the 'anchor entrepreneurship' framework as a catalyst for rapid development in small communities.
A new study found a link between sleep and entrepreneurship, suggesting that temporary ADHD-like tendencies generated by lack of sleep can be a benefit in spurring ventures. Practicing entrepreneurs also showed a consistent influence of impermanent sleep problems on entrepreneurial intentions.
A new study by UNLV political science professor Tiffiany Howard finds that Black business ownership is crucial for achieving economic parity and closing the racial wealth gap. Despite incremental growth, Black-owned businesses continue to lag behind others in terms of market share.
A new study by MIT professors finds that state-level R&D tax credits significantly spur high-quality new-firm growth, while investment tax credits have a slightly negative economic impact on innovative activity. The study's authors suggest that the former supports ambitious startup firms, fostering entrepreneurship and business dynamism.
New research reveals women-only business networks in Northern Ireland fail to overcome societal issues hindering female entrepreneurship. Despite policy efforts, these networks perpetuate women's marginalization and reinforce the masculinity of entrepreneurship.
Purdue University is hosting two international entrepreneurs from Brazil and Uganda as part of the US Department of State's Global Innovation through Science and Technology Initiative. Marcos Valadares and Allan Eden are spending four weeks at the Purdue Foundry, refining their ideas and connecting with business experts.
Research by Lancaster University finds that family-related considerations often trump a desire to grow among firms with multiple generations of the same family in senior roles. Non-active family members as major shareholders and non-family members on boards encourage growth, while active family members are more conservative and risk-av...
Leo Aerospace's technology has received worldwide attention after participating in TechCrunch's Disrupt SF Startup Battlefield. The team has successfully tested their system and is scaling up efforts with larger payloads. They have also received support from the National Science Foundation and the Air Force through a SBIR grant.
Explore Interactive's augmented reality platform aims to help students learn about science, technology, engineering and mathematics (STEM) through hands-on challenges and design exercises. The NIH grant will enable the company to track growth in proficiency and provide real-time analytics for teachers.
A study published in New Space: The Journal of Space Entrepreneurship and Innovation models population growth, caloric needs, land use, and potential food sources to determine Mars' food self-sufficiency. A diet composed of plants, insects, and cellular agriculture can meet human nutritional requirements.
Research from Washington State University reveals that hiring star employees alongside founders can stall product innovation efforts due to conflicting influences. The study advises start-ups to establish clear chain of command, hire experienced start-up employees, and adapt to change as the organization evolves.
NASA has implemented three initiatives to make it easier for small businesses to collaborate with the agency, including an annual Request for Information and Industry Day events. These efforts aim to increase commercialization of innovations and improve collaboration between NASA and the small business community.
A study surveyed 1,334 entrepreneurs and startup employees, finding that entrepreneurs exhibit high affinity for financial risk and self-efficacy. Inventor employees rated themselves lowest, while CEO/leaders fell in the middle, with high-risk tolerance predicting participation in a $2,000 gift card drawing.
A low-cost growth mindset intervention improved entrepreneurial self-efficacy and persistence among undergraduate students, regardless of gender or prior experience. The intervention boosted confidence in identifying business opportunities and pursuing class projects despite challenges.
A new study by Aalto University finds EU policies define entrepreneurship in three distinct ways: economic beneficiaries, pro-social contributors, and opportunistic operators. This ambiguity may hinder businesses and governments from tackling global sustainability issues.
The Science of Chocolate project uses storytelling to promote interest in scientific careers, particularly among girls, by highlighting the work of women researchers. The project has received funding from the Spanish Foundation for Science and Technology and is published in Catalan and Spanish.
Modern family businesses should prioritize equipping all members for the unexpected, rather than focusing on internal relationships. The study's findings highlight the importance of interactive socialization, where younger family members network with external stakeholders and peers to bring new skills and knowledge into the business.
A world-first study maps out regional variations in courage and entrepreneurship, finding that courageous regions have higher start-up rates but lower survival rates. Courage is associated with risk-taking and higher failure rates, posing a 'blind' courage that may undermine realistic evaluations of risks.
A recent study from Oregon State University suggests that mindfulness practices can reduce exhaustion in entrepreneurs by compensating for sleep deprivation. The research found that even short periods of mindfulness exercise, such as 10 minutes a day, can have the same benefits as an extra 44 minutes of sleep per night.
Researchers developed innovative business models for space-related start-ups, including DIT Space, which commercialized satellite images and created competitive advantages. The study highlights the growth of space entrepreneurship worldwide, with a focus on Central America.
UTA doctoral students LaTasha Taylor Starr and Ariel Bowman developed ESTe²M Builders, an educational program that combines science, technology, engineering, and math with entrepreneurship. The program aims to build confidence and communication skills in young students.
Ben-Gurion University has established a $1 million BGU Entrepreneurship Fund to support student-led projects and promote innovation. The fund aims to encourage innovative ideas in high-tech, biotech, and social fields.
A new study by Nicolai Foss and colleagues argues that taxing Multinational Enterprises (MNEs)' profits is inefficient and detrimental to global welfare. The authors propose replacing corporate tax with a hike in taxes on dividends and sales, claiming this would be more effective and harmonize easier.
André Ulmann, a French physician and researcher, has won the inaugural Baxter Prize for his advances in women's health and rare endocrine conditions. He revolutionized treatment of uterine fibroids by developing a treatment that reduced hysterectomy surgeries.
Researchers found that hitting rock bottom frees individuals from constraints and negative emotions, allowing them to find a viable solution. This 'identity play' provides an opportunity to escape the situation and try new things without committing to them.
A study by Anglia Ruskin University found that millennials who feel confident in their ability to solve social problems and feel valued are more likely to consider becoming social entrepreneurs. Empathy is not enough, but self-efficacy and social worth play a strong role in translating into social entrepreneurial intentions.
A study by Jessica Ridgway found that viewing oneself as a 3-D avatar can lead to negative psychological consequences, including decreased mood and body satisfaction. Self-discrepancy theory explains why this is the case.
Three MIT Portugal PhD student projects have won the TecInnov Thales competition, focusing on energy, mobility and sustainability. Pedro Fraga's ASIST project aims to reduce inspection costs in critical infrastructures, while Diogo Henriques' indoor air quality monitoring system infers occupancy rates and comfort.
A new study found that despite the importance of contribution statements, researchers still primarily use author order to decipher individual contributions, highlighting a lack of clarity in this area. The study surveyed over 6,000 authors and found that only a minority believed contribution statements were more useful.
A QUT-led study analyzing the tweets of influential business leaders, including President Trump, reveals a unique 'emotionally unstable innovator' personality. The researchers found that Trump's personality profile is distinct from other superstar entrepreneurs and CEOs, with traits such as high neuroticism and low agreeableness.
The NYU Tandon School of Engineering has been awarded a $500,000 grant from the NSF to support diversity in STEM entrepreneurship. The program aims to attract and mentor student entrepreneurs, particularly women, to enhance their skills and knowledge in using STEM fields.
Dr. Barry Rosenbaum, a senior fellow at The University of Akron Research Foundation, received the national award for his outstanding contributions to entrepreneurship and innovation in higher education. He has pioneered innovative programs and collaborations that promote entrepreneurial education and economic development.
A five-year, $13 million partnership between MSU and MasterCard Foundation will provide employment opportunities to 15,000 young people in Tanzania and Nigeria's horticulture, aquaculture, and agrifood sectors. The program aims for gender equity, addressing constraints affecting youth entrepreneurship and job creation.
Researchers found that ADHD fosters important entrepreneurial skills such as impulsiveness, hyperfocus, and a high activity level. These traits enable entrepreneurs to take risks, pursue new ideas and stay focused on essential tasks despite difficulties with routine activities.
RIT National Technical Institute for the Deaf (NTID) will partner with RIT's I-Corps site initiative to promote inclusive entrepreneurship among deaf and hard-of-hearing students. The grant will support programs and events that engage underrepresented groups in STEM entrepreneurship.
Researchers analyzed 56,000 patents granted by U.S.-based research-intensive universities with incubators. They found a strong negative association between incubator establishment and patent quality. The study suggests that incubitors may dilute innovation by competing for resources.
A study outlines the essential actions required for startup founders to retain their CEO position during rapid growth. The '8 hurdles of transition' include setting a direction, positioning products in an expanded market, and developing effective processes and infrastructures.
The Chicago Biomedical Consortium has received a $21 million funding commitment from the Searle Funds at The Chicago Community Trust. This support will focus on fostering entrepreneurship among university researchers and promote translational research projects. The CBC is launching new initiatives, including forums for commercializatio...
The UTSA SBDC Technology Commercialization Center and Office of Commercialization Innovation have secured a $500,000 matching grant from the EDA for their three-year project. This grant will facilitate knowledge transfer, technology commercialization, and entrepreneurship capacity-building activities in four regions of Texas.
A new study from the University of Texas at Dallas offers a different view on entrepreneurial opportunities. The authors propose that opportunities are not pre-existing but rather have potential that can be actualized through effort and creativity. This perspective has significant implications for education, suggesting a shift in how e...
A University of Oklahoma study reveals that widespread collective entrepreneurial optimism predicts new venture startups and small business growth. The research found that media coverage plays a key role in spreading optimistic attitudes, and this effect is more pronounced in turbulent economic environments.
A multi-university research team found that researchers and practitioners share common interests in reducing pay inequality, improving employee morale, and leveraging technological innovation. The study suggests four steps for business schools to improve collaboration: promoting research findings, creating a new journal focused on prac...
The NYU Tandon School of Engineering's SMART program teams city teachers with university faculty and graduate students for advanced STEM workshops, research, and entrepreneurship. A new NSF grant adds a weeklong industry experience at major businesses.
Researchers found that low-income entrepreneurs in Panama start early-stage businesses with new products, but struggle to sustain them due to financial constraints and customer adoption rates. Business incubation centers and cash grants can help these entrepreneurs overcome the start-up hurdle.
African-Americans face significant obstacles to entrepreneurship due to centuries-old racial disadvantages, including limited access to resources and financial services. The majority of black-owned businesses are smaller, have fewer employees, and generate less revenue compared to their white counterparts.