Articles tagged with Entrepreneurship
A multi-country study by NYU's Steinhardt School suggests that educational practices may spur innovation, rather than just personality and family history. College experiences, including challenging learning environments and relationships with faculty, positively influence innovative entrepreneurial intentions.
A new study by MIT researchers found that constituency statutes in 34 US states increase patenting rates by at least 6.4% and citation counts per patent by 6.3%. This allows firms to take a longer view on innovation, prioritizing stakeholders' interests over short-term profits.
A study by Penn State researchers found that high-growth firms are more likely to be in communities with a variety of industries, rather than just one or two specialized industries. Communities with higher numbers of bachelor's degrees also tend to host these businesses.
A leading Rice University researcher will explore the impact of entrepreneurship education on startup success with a $1.5 million grant. The five-year project aims to track the outcomes of startups receiving free entrepreneurship curriculum.
A new sensor, QStamp, enables consumers to monitor food freshness and reduce waste by 51%, as reported by the FAO. The smart tag allows users to track their at-home products, receive notifications for expiration dates, and make informed purchasing decisions.
Research finds that regular entrepreneurial activity fosters passionate entrepreneurship, with success and freedom of choice playing key roles. The study challenges the idea that passion for entrepreneurship is innate, instead suggesting it can develop over time with experience and accomplishment.
UCSB sociologist Sarah Thébaud's research reveals that family leave policies significantly influence women's entrepreneurial decisions and business outcomes. In countries with generous work-family policies, women are more likely to remain in traditional employment or switch careers, rather than relying on self-employment as a fallback....
A new study suggests that universities with experiential entrepreneurship education increase confidence and likelihood of students becoming entrepreneurs. Students graduating with higher self-efficacy levels are more likely to start their own firm than join an existing one.
The study found that recognizing opportunities, creating a clear narrative team, and using emotionally impactful photographs are key elements of success. By leveraging cultural entrepreneurship and visuals, environmental movements can gain legitimacy and inspire action among followers.
A study analyzing 4,200 Ph.D. candidates found that 'joiners' - employees who support startup founders - share similar risk-tolerance and autonomy desires as founders, but prioritize functional roles over management. The research highlights the importance of preparing STEM doctorates for entrepreneurial employee career paths.
A recent study by Leuphana University of Lüneburg found that action-oriented entrepreneurship training can unlock dormant potential and awaken entrepreneurial spirit in individuals. The training program, STEP, combines practice exercises with theory-based content and provides seed capital to participants. After twelve months, the train...
The university will receive $499,959 to build the I-20 Corridor Maker's Innovation Network, integrating maker-spaces, entrepreneurship, and business development across the region. The initiative aims to generate new business ventures and economic activity, particularly in small-scale manufacturing.
The University of Pittsburgh has received a three-year, $300,000 grant from the National Science Foundation to advance innovation, commercialization, and entrepreneurship. The grant will support Pitt Innovator teams with $3,000 stipends for market research and customer-discovery analyses.
Concordia University researcher Peter Jaskiewicz outlines four steps to ensure an entrepreneurial transition in family businesses, including establishing an entrepreneurial legacy and involving the next generation. By following these steps, business owners can secure their future and leave a lasting legacy.
A study by MIT professor Antoinette Schoar found that strong client-banker relationships reduce loan delinquencies and defaults. When loan officers leave, good-standing clients increase their probability of becoming delinquent on loans by almost 22 percent.
A Baylor University study found that full-time workers who attend churches emphasizing integrating faith at work experience higher job satisfaction and dedication. Involvement in congregations with strong faith-work connections boosts entrepreneurial spirit, but may hinder church attendance.
A study by Rice University found that state-owned companies in China were less likely to engage in strategic entrepreneurship to gain market share as the state owned more equity. This hampered innovation and hindered the companies' ability to react to changing institutional demands.
A recent study by Concordia University suggests that family CEOs may struggle in innovative industries, where constant innovation and adaptability are key. In contrast, traditional industries with a focus on quality and reputation may benefit from family leadership.
Leto Solutions, a UTSA medical device startup, was recognized for its promising business opportunity and high-value commercialization. The company's Aquilonix Prosthesis Cooling System resolves heat-related issues common to lower limb amputees., Developed by UTSA engineering and business seniors who won a technology venture competition.
Kurt H. Becker, NYU-Poly's associate provost and professor, has been recognized by the National Academy of Inventors for his pioneering work on atmospheric-pressure cold plasmas, leading to new sterilization methods and biomedical applications. He is also a key figure in fostering innovation at NYU-Poly.
The American Chemical Society's symposium on innovation and entrepreneurship emphasizes the shift from large companies to smaller entrepreneurs and startups in transforming ideas into goods and services. The ACS Entrepreneurial Initiative provides training, resources, and support for budding entrepreneurs in the chemical sciences to fo...
A new study suggests that entrepreneurs need to strike a balance between perseverance and recognizing when to abandon a struggling venture. This 'entrepreneurial resilience' allows them to adapt and seize better opportunities, increasing their chances of success.
The collaboration aims to train entrepreneurs, foster industry-academia partnerships and commercialize science and technology through the I-Corps program. The Bay Area node will provide online training and track startup progress to advance best practices in entrepreneurship education.
The 2012 Collegiate Inventors Competition awarded over $100,000 to students for their groundbreaking inventions in medical devices, cancer therapies, and more. Inanc Ortac's Nano-Wiffle-Balls for Cancer Therapy and Leslie Myint's FastStitch suturing device were among the top winners.
A recent economic recession has led to a significant increase in entrepreneurship, particularly among necessity-driven ventures. Research suggests that the number of Americans engaging in self-employment rose significantly during this period, with notable increases in rural entrepreneurship levels and African American participation.
A social entrepreneurship approach for sexual health optimization is being explored, focusing on decentralized community delivery and multisectoral networks. The authors argue that this approach has great promise in delivering comprehensive sexual health interventions to most-at-risk populations.
Indiana University's Kelley School of Business is hosting 100 college students from across the Middle East and North Africa for a four-week program. The students will develop business plans, social entrepreneurship, nonprofit management, and other topics before competing in a team business plan competition upon their return home.
A Baylor University study found that an abusive boss can lead to strained marital relationships and a greater impact on families with more children. The study also found that longer partner relationships reduced the negative effects of abusive bosses.
The National Science Foundation has awarded a $10 million grant to launch a national center for teaching innovation and entrepreneurship in engineering. The center at Stanford's School of Engineering will provide resources, including curriculum development, dissemination tools, and industry mentorship, to undergraduate engineering stud...
Recent studies support the idea that entrepreneurship can stimulate economic growth, with research on immigrant high-tech start-ups and entrepreneurial decision-making providing avenues for future research. The "Startup America" initiative aims to promote entrepreneurship as a solution to the US economy's recovery process.
The North Carolina State University Engineering Entrepreneurs Program (EEP) has been successful in producing results, with alumni 73% more likely to start a new company and 23% more likely to create new products and services. The program focuses on learning by doing, encouraging students to form their own start-up companies and develop...
A new article by Dr. Robert A. Baron and Rebecca A. Henry demonstrates that sustained intense practice can improve cognitive thinking levels and lead to true excellence. Entrepreneurs can acquire capacities that aid in starting or running a venture through principles like preparation, repetition, and self-reflection.
The Journal of Family Business Strategy aims to contribute new knowledge and understanding to the field of family business. The journal publishes research that addresses how family influences business and vice versa.
Marine Affairs and Policy graduate student John Stieglitz's Blue Ocean Aquaculture project focuses on sustainably cultured juvenile yellowfin tuna for offshore aquaculture industry. The UM Rosenstiel School student received runner-up prize and $3,000 in the competition's High-Potential Venture category.
A new study published in Strategic Management Journal reveals that entrepreneurs' success is driven by their industry experience and contextual knowledge, rather than direct technical innovations from their former parent company. This understanding helps founders identify opportunities and develop products and services that meet market...
Professor Gary S. Lynn, a prominent scholar in technology innovation, has received the 2009 Research Publication Award from the International Association for Management of Technology (IAMOT). His work has been recognized for its high-impact and academically rigorous research on technology-based entrepreneurship.
Researchers found that entrepreneurial outcomes and employment growth in US service industries respond differently to changes in state economic freedom. Some industries exhibit firm and employment growth as economic freedom rises, while others grow as it declines.
A new study in Strategic Management Journal reveals that Boards of Directors commonly make faulty hires when they hire CEOs from outside the firm. Creating nominating committees with leadership by outside directors can help avoid this problem and increase the chances of a newly appointed CEO succeeding.
A new study explores how imagination, insight, and creative ideas develop and spread within teams. Team creative cognition refers to a shared repertoire of cognitive processes among team members that enables the team's ability to approach problems creatively.
A new issue brief examines the current financial status of state retiree health plans, finding that not all states face a fiscal crisis and retirement benefits are not protected by law. States with low unfunded liabilities include North Dakota, Wyoming, Iowa, and Oregon.
A new study published in Entrepreneurship Theory and Practice reveals that the motivation of small business managers has a long-term effect on firm growth. The study found that motivation is a relevant predictor of firm growth, with managers' motivations varying and affecting the growth achieved.
Research finds that gender stereotypes can limit both men and women's intentions to become entrepreneurs. However, when entrepreneurship is presented as a gender-neutral career option, both men and women report similar intentions.
The UM Rosenstiel School students' innovative sustainable aquaculture concept, focusing on producing and selling valuable bait fish, has been recognized as a top prize winner. The students took home $8,000 for their project, which aims to promote environmentally friendly fishing practices.
A study by the RAND Corporation found that small businesses saw a significant increase in health insurance costs, with those having 25 or fewer employees facing a 30% rise. Despite this, small employers were less likely to abandon the benefit, and instead may have traded off wage increases for the increased cost.
Researchers examine implications of Discovery Theory and Creation Theory on entrepreneurial actions, revealing context-dependent differences. The study highlights the importance of understanding the underlying assumptions to predict the most effective actions.
The Kauffman-RAND Institute report provides an overview of how regulation affects small business, highlighting both positive and negative effects. Research finds that some regulations have unintended consequences, such as increasing health insurance costs for small businesses.
Researchers can access library resources seamlessly via LibX, a Firefox browser extension developed by Annette Bailey and Godmar Back. The tool has been adopted by 46 academic libraries and 83 testing libraries, enhancing user experience.
Researchers found that West African car traders invested heavily in the market despite falling profits and increasing bankruptcies. They formed a culture of gambling-like decisions due to unreliable market information and brief social relationships.
A study by Professor Simon Parker and Olufunmilola Ajaji-obe found that self-employed people in the UK work long hours but report higher job satisfaction compared to employees. The researchers also discovered that younger entrepreneurs are more sensitive to new information than older ones, which can impact their retirement decisions.
A study of 5,000 managers found that both small and large firms showed increasingly positive selections on their own ethical views. This trend was observed across three decades, with no difference between large and small firms except in the 1993 survey.
Researchers explored how participants' cultural backgrounds shape their entrepreneurial beliefs and practices. They found that cultural values can be both empowering and limiting for entrepreneurs. The study suggests that while ethnicity and culture play a role in entrepreneurship, they are not the sole determinants of success.
Research by Ensley and Pearson found that parent-child businesses exhibit higher levels of shared strategic cognition and lower conflict compared to familial and non-family teams. This suggests that the long-term relationship between family members may lead to stronger business outcomes.
The Institute for OneWorld Health has been awarded $7.3 million by the Skoll Foundation to develop new, affordable medicines for infectious diseases in developing countries. The award recognizes the organization's innovative business model and its commitment to creating lasting improvements in complex social problems.
The UCF Technology Incubator was named the 2004 Technology Incubator of the Year by the National Business Incubation Association, recognizing its success in helping start-up companies generate over $140 million in revenue. The incubator has supported over 70 companies and provided work for more than 450 employees.
The University of Illinois is launching a center for entrepreneurial education as an academic discipline, with the goal of increasing practical skills and economic development. The Academy for Entrepreneurial Leadership Development will provide training for students and faculty, and create a scholarly database on entrepreneurship.
Victoria Hale, founder of Institute for OneWorld Health, recognized by the Schwab Foundation for her innovative approach to pharmaceutical development, providing life-saving medicines to those in need. The Institute's entrepreneurial model combines pharmaceutical expertise with a social mission to address global health disparities.
Purdue University's Burton D. Morgan Center for Entrepreneurship and Roche Diagnostics are hosting a $100,000 Life Sciences Business Plan Competition to support innovation in the field. Eight finalists will be chosen from written business plans and presented to a panel of judges on April 23, with prizes ranging from $50,000 to $7,500.
CU Pharmaceuticals and Chemical Signatures win with innovative approaches to pharmaceuticals and life sciences. The two companies will receive funding to develop their ideas.