Cultural heritage and entrepreneurship – inspiration for novel ventures creation

2015 ◽  
Vol 9 (1) ◽  
pp. 31-44 ◽  
Author(s):  
Kärt Summatavet ◽  
Mervi Raudsaar
Keyword(s):  
Secondary Data ◽  
Phenomenological Approach ◽  
New Venture ◽  
Teaching Methodology ◽  
Venture Creation ◽  
Key Factors ◽  
Structured Interviews ◽  
Content Type ◽  
Conventional Teaching

Purpose – The purpose of this paper is to study the role of networking, creating community, product development and mentoring in the experiential and entrepreneurial learning process. A close look is taken at the experiential knowledge of entrepreneurs to understand and bridge the gap between local cultures and entrepreneurial communities: how to map and implement the tacit knowledge possessed by an entrepreneur, and what sources help trainees find attractive ideas for a new venture? Design/methodology/approach – After reviewing the key literature, a phenomenological approach has been applied. Data were collected using not only semi-structured interviews but also secondary data. Findings – Creative entrepreneurs consider it important that learning materials are provided according to the learner’s specialist business idea. They need and expect multi-layered support from peers/coaches/mentors and social/local/specialist networks to test the ideas and products and services directly in the community. Originality/value – As the conventional teaching methodology is inapplicable for creative and community entrepreneurs, the key factors of their venture-creation process focus on their personal experience, skills, capabilities and motivation.

Exploring the role of business relationships in start-ups’ life cycles

IMP Journal ◽  
2018 ◽  
Vol 12 (3) ◽  
pp. 519-543
Author(s):  
Chiara Cantù ◽  
Sepe Giorgia ◽  
Alessandra Tzannis
Keyword(s):  
Life Cycle ◽  
Secondary Data ◽  
Life Cycles ◽  
Business Relationships ◽  
Structured Interviews ◽  
Content Type ◽  
Strategic Resources ◽  
Start Up ◽  
Start Ups

Purpose Differently from previous works that focused on the entrepreneur and on his ability to manage social relationships, the purpose of this paper is to investigate the role of business relationships in the different stages of the life cycle of a start-up. Design/methodology/approach Since the paper aims to explore startups’ evolutionary phenomenon, it adopts a qualitative abductive methodology, presenting an in-depth study of two innovative Italian start-ups. The research is based on two steps. In the first one, the authors collected secondary data from start-ups’ reports and documents, financial indicators (when available) and processed them to understand their background. In the second one, the authors conducted ten semi-structured interviews, including face-to-face interviews, phone interviews and video conferences. Findings The paper presents a relationship-based life cycle model composed of four different stages, depending on the number and role of relationships developed. Indeed, since the beginning, start-ups adopt a relational approach and their evolution involves the shift from the focus on the entrepreneur to the centrality of a network approach based on interconnected relationships. The entering into a new stage of life cycle depends on relationships, mainly based on connected actors and resources shared and combined. Even if a key role is assumed by technology, the main resource is identified in the knowledge concerning the customer/user’s needs that require marketing competencies, human resources, relational capabilities. Thus, the shift from one stage to the next in the start-up’s life cycle is possible thanks to a parallel shift from a focus on the activities to a focus on those strategic and heterogeneous actors that ensure activities. Originality/value In a traditional perspective, the start-up’s life cycle depends on activities, financial resources and revenues, as stated by previous life cycle models. In a different perspective, as depicted in our analysis, the evolution of a start-up depends on the portfolio of their business relationships. The role of business relationships is hence to facilitate the interconnections within specialized key actors, which allow start-ups to access strategic resources. These resources are essential in order to develop the activities that characterize the specific stage of the life cycle.

The art of entrepreneurial market creation

2014 ◽  
Vol 16 (2) ◽  
pp. 163-182 ◽  
Author(s):  
Kim Lehman ◽  
Ian Ronald Fillis ◽  
Morgan Miles
Keyword(s):  
New Venture ◽  
New Venture Creation ◽  
Additional Contribution ◽  
Venture Creation ◽  
Content Type ◽  
Entrepreneurial Marketing ◽  
Market Creation ◽  
Arts Marketing ◽  
The Impact

Purpose – The purpose of this paper is to use the case of the Museum of Old and New Art (MONA) in Hobart, Tasmania, to investigate the role of entrepreneurial marketing (EM) in shaping an arts enterprise. It draws on the notion of effectuation and the process of EM in explaining new venture creation and assesses the part played by David Walsh, the entrepreneurial owner/manager. Design/methodology/approach – This case study analysis enables an in-depth appraisal of the impact of EM and effectuation within the growing domain of arts marketing. Findings – The paper offers a glimpse into how creativity and business interact in the creation of new markets. It demonstrates how formal methods of marketing are bypassed in the search for owner/manager constructed versions of situational marketing. In addition, it provides insight into dominance of entrepreneur-centrism vs customer-centrism in entrepreneurship marketing. An additional contribution to knowledge is the use of effectuation to assist in better understanding of the role of EM in the market creation process. Originality/value – The research carried out here builds on a growing body of work adopting the EM lens to better understand arts marketing and new venture creation.

scholarly journals Embodying entrepreneurial identity

2014 ◽  
Vol 20 (5) ◽  
pp. 438-452 ◽  
Author(s):  
Eva Kašperová ◽  
John Kitching
Keyword(s):  
Impression Management ◽  
Design Methodology ◽  
The Body ◽  
New Venture ◽  
Venture Creation ◽  
Presentation Of Self ◽  
Content Type ◽  
Linguistic Practices ◽  
Absent Presence

Purpose – The purpose of this paper is to propose a novel conception of embodied entrepreneurial identity. Prior studies conceptualise identity primarily in terms of narrative or discourse. Critiquing the limited focus on linguistic practices, the authors build on the literature by highlighting the role of the non-linguistic. The implications for researching one particular group – entrepreneurs with impairments – are considered. Design/methodology/approach – Entrepreneurial identity is conceptualised as a unique constellation of concerns emergent from the embodied practices of agents committed to new venture creation and management. This new conception draws principally on the embodiment literature, Archer's identity framework and Goffman's ideas on the presentation of self, impression management and stigma. Findings – The entrepreneurial identity literature is underpinned by a number of problematic assumptions that limit understanding of the meaning, formation and influence of identity on action. The body is often an absent presence; it is presupposed, implicit or under-theorised as an influence on identity, producing a disembodied notion of the entrepreneur. Consequently, entrepreneurs are treated as an homogeneous group in terms of the embodied properties and powers, rather than as uniquely embodied individuals. Studies typically assume an able-bodied, as opposed to a differently abled, agent. Entrepreneurs with impairments are largely invisible in the literature as a result. Originality/value – The approach highlights the role of the body and embodied non-linguistic practices, such as movement, posture, gestures and facial expressions in the formation of identity. Recognising entrepreneurs as differently abled agents, possessing particular embodied properties and powers, is crucial for understanding identity and action.

scholarly journals Forging a collective entrepreneurial identity within existing organizations through corporate venturing

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ying Zhang ◽  
Marina G. Biniari
Keyword(s):  
Secondary Data ◽  
Corporate Entrepreneurship ◽  
Role Identity ◽  
Structured Interviews ◽  
Bottom Up ◽  
Content Type ◽  
Corporate Context ◽  
Management Literature ◽  
Parent Companies

PurposeThis study unpacks how organizational members construct a collective entrepreneurial identity within an organization and attempt to instill entrepreneurial features in the organization's existing identity.Design/methodology/approachThe study draws on the cases of two venturing units, perceived as entrepreneurial groups within their respective parent companies. Semi-structured interviews and secondary data were collected and analyzed inductively and abductively.FindingsThe data revealed that organizational members co-constructed a “corporate entrepreneur” role identity to form a collective shared belief and communities of practice around what it meant to act as an entrepreneurial group within their local corporate context and how it differentiated them from others. Members also clustered around the emergent collective entrepreneurial identity through sensegiving efforts to instill entrepreneurial features in the organization's identity, despite the tensions this caused.Originality/valuePrevious studies in corporate entrepreneurship have theorized on the top-down dynamics instilling entrepreneurial features in an organization's identity, but have neglected the role of bottom-up dynamics. This study reveals two bottom-up dynamics that involve organizational members' agentic role in co-constructing and clustering around a collective entrepreneurial identity. This study contributes to the middle-management literature, uncovering champions' identity work in constructing a “corporate entrepreneur” role identity, with implications for followers' engagement in constructing a collective entrepreneurial identity. This study also contributes to the organizational identity literature, showing how tensions around the entrepreneurial group's distinctiveness may hinder the process of instilling entrepreneurial features in an organization's identity.

Social Media and Increased Venture Creation Tendency With Innovative Ideas

2020 ◽  
pp. 194-209 ◽  
Author(s):  
Syed Far Abid Hossain ◽  
Xu Shan ◽  
Mohammad Musa ◽  
Preethu Rahman
Keyword(s):  
Social Media ◽  
Low Income ◽  
Female Students ◽  
New Venture ◽  
Social Media Marketing ◽  
Primary Data ◽  
Venture Creation ◽  
Key Factors ◽  
Shed Light

The purpose of this chapter is to ascertain the contemporary role of social media in increased venture creation tendency along with innovative ideas. The key objective of this study is to discover the tendency of female students' innovativeness in venture creation in China. A random sampling method was used to conduct a survey in different universities in China to identify the scenario of innovativeness in venture creation. Findings from primary data collection indicated that the female students in China are highly involved with social media marketing with innovative ideas. As a result, apart from traditional marketing, society is involved with contemporary marketing where innovativeness with social media and smartphones are the key factors. Innovative ideas in venture creation may generate additional earning for people with low income in society. Future studies with mixed methodology and respondents who use different social media as a tool to innovate new venture may shed light on the undiscovered phenomenon of social media marketing in the context of the mobile phone.

scholarly journals The role of talent management in strategic renewal

2020 ◽  
Vol 42 (1) ◽  
pp. 75-89 ◽  
Author(s):  
Kati Järvi ◽  
Violetta Khoreva
Keyword(s):  
Organizational Performance ◽  
Evaluation Criteria ◽  
Secondary Data ◽  
Talent Management ◽  
Top Management ◽  
Structured Interviews ◽  
Content Type ◽  
Strategic Renewal ◽  
Business Opportunities

Purpose The purpose of this paper is to emphasize the role of talent management (TM) in strategic renewal. Furthermore, the authors extend the existing knowledge on the process of TM implementation by underlining particular activities, which are involved in this process during strategic renewal. Design/methodology/approach The authors report a qualitative study of a TM program in a Finnish–Swedish Multinational corporation undergoing major strategic renewal. The data consist of 46 semi-structured interviews and secondary data. Findings The role of TM in the context of strategic renewal is to provide the conditions for the self-initiation and identification of potential change agents and for the development of the talented employees to perform in their roles of change agent. In the context of strategic renewal, TM process consists of identification of key projects to address critical business opportunities and challenges, the identification of talented employees to execute them, and the identification and creation of key positions. Research limitations/implications The authors encourage scholars to explore the empirical settings characterized by change and unpredictability in more detail, and thus examine the role of talented employees and TM in other specific contexts. Future studies are also encouraged to study other cultural settings and examine to what degree the process of TM implementation may positively influence attitudes and behaviors of talented employees and, consequently, the overall organizational performance. Practical implications This study offers practical advice for top management and HR managers. First, the process of TM implementation during strategic renewal should start with the identification of “must-win-battles” that can have a more profound impact on change. Furthermore, top management should allow and enable motivated potential talented employees to volunteer for the job of aiding company-wide changes. Next, top management should provide the talented employees with the space to come up with novel ideas and conceive new business opportunities. Finally, the importance of transparent and spot-on evaluation criteria should be emphasized. Originality/value The study contributes to advancing our understanding of TM and strategic management in practice.

scholarly journals The governance of collaboration in complex projects

2018 ◽  
Vol 38 (4) ◽  
pp. 997-1019 ◽  
Author(s):  
Mehmet Chakkol ◽  
Kostas Selviaridis ◽  
Max Finne
Keyword(s):  
Design Methodology ◽  
Secondary Data ◽  
Primary Data ◽  
Structured Interviews ◽  
Relational Governance ◽  
Content Type ◽  
Collaborative Practices ◽  
Complex Projects ◽  
Standard Sets

Purpose Inter-organisational collaboration is becoming increasingly important in complex projects; some project customers even formally require evidence of collaborative competence from potential providers. The purpose of this paper is to explore the governance of collaboration and the ways in which it is enacted in practice for complex projects. Design/methodology/approach The study is based on a qualitative analysis of 29 semi-structured interviews, primary data from meetings and events supported by secondary data, including standards and industry-specific contract templates. Findings The paper identifies how collaboration can be effectively governed in complex projects through the emerging role of the collaboration standard and its impact on contractual and relational governance mechanisms. The standard sets higher-level institutional guidelines that affect the way in which collaboration is governed in complex projects. It helps formalise informal relational practices whilst also providing guidelines for building flexibility in contracts by including coordination- and adaptation-oriented provisions conducive to collaboration. Originality/value The paper demonstrates the emerging role of the collaboration standard and its influence on contractual and relational mechanisms deployed in complex projects. It shows how the standard can formalise and codify informal collaborative practices and help transfer related learning across projects, thereby contributing towards the dual requirement for standardisation and flexibility in project settings.

scholarly journals An investigation into the different styles of the lawyer and construction specialist when mediating construction disputes

2016 ◽  
Vol 8 (2) ◽  
pp. 137-160 ◽  
Author(s):  
Ray Wall ◽  
Nii Ankrah ◽  
Jennifer Charlson
Keyword(s):  
Construction Industry ◽  
Design Methodology ◽  
Phenomenological Approach ◽  
Structured Interviews ◽  
Content Type ◽  
Construction Disputes ◽  
Level Of Satisfaction ◽  
Insight Into ◽  
Better Than

Purpose The purpose of this paper is to assess the views and experiences of mediators from different professional backgrounds practising in the construction industry. Previous research shows that the legal profession dominates construction mediation in both England and Wales. Design/methodology/approach The phenomenological approach was used to capture the lived experiences of the interviewees and gain insight into their views and practices. The data collection was by semi-structured interviews. The data was then analysed using software to establish themes. Findings The major difference in mediator practice discovered between the two groups is the use of the evaluative style by lawyer and facilitative style by non-lawyer mediators. Non-lawyer mediators strongly reported their criticisms of the evaluative style in mediation suggesting that it undermines the parties’ ability to self-determine their own dispute and reduces the level of satisfaction experienced by the parties in the process of mediation. Lawyer mediators supported the use of the evaluative style as an acceptable compromise on the parties’ self-determination and feelings of satisfaction in pursuit of achieving the goal of a settlement in mediation, which was significantly better than the escalation of stress and costs to the parties in the event that the dispute escalates to litigation. In addition, mandatory mediation, the role of advisors/advocates, governance and the future of mediation were explored. Originality/value The research is anticipated to be of particular benefit to parties considering referring a construction dispute to mediation.

scholarly journals The development of effective new venture teams in venture creation programmes

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Iselin Mauseth Steira ◽  
Marianne Steinmo
Keyword(s):  
Design Methodology ◽  
Multiple Case Study ◽  
New Venture ◽  
Venture Creation ◽  
Structured Interviews ◽  
Team Collaboration ◽  
Content Type ◽  
Team Based Learning ◽  
Multiple Case

PurposeThe purpose of this study is to explore how effective new venture teams are developed in venture creation programmes.Design/methodology/approachThis paper presents a multiple case study focusing on the development of effective new venture teams. Semi-structured interviews with 15 new venture teams from two different venture creation programmes were conducted and an abductive analysis approach was used.FindingsThree key phases of the development of an effective new venture team are identified: (1) establishing a foundation for collaboration, (2) structuring the teamwork and (3) adapting to changes. Key activities undertaken by effective new venture teams in each phase are explicated. The findings suggest that new venture teams that are able to establish a foundation for team collaboration and teamwork structuring have the capacity to persevere through the challenges inherent in emerging ventures.Originality/valueThis study offers a much-needed practical perspective about how effective new venture teams are developed in venture creation programmes, and how venture creation programme educators can facilitate the development of effective new venture teams. For educators, these findings provide important insights about team-based learning in entrepreneurship education.

Entrepreneurship and service innovation

2014 ◽  
Vol 29 (6) ◽  
pp. 449-453 ◽  
Author(s):  
Nelson Oly Ndubisi
Keyword(s):  
Organizational Performance ◽  
Entrepreneurial Orientation ◽  
Service Innovation ◽  
Secondary Data ◽  
New Venture ◽  
Venture Creation ◽  
Content Type ◽  
Key Driver ◽  
Innovation And Entrepreneurship ◽  
New Entry

Purpose – The purpose of this paper is to introduce a special issue on entrepreneurship and service innovation, and to conceptualize the link between entrepreneurial orientation, innovation and entrepreneurship or new entry. Design/methodology/approach – Analysis of secondary data. Findings – Entrepreneurial orientation (EO), innovation (IN) and entrepreneurship are in a vital “triadic connect”, where EO supports innovation in organizations and innovation promotes new entry or new venture creation – a vehicle for commercialization of innovations. Research limitations/implications – There is a need for empirical validation of the linkages proposed in this conceptual paper. Practical implications – This “triadic connect” between EO, IN and entrepreneurship or new entry is a source of or key driver of organizational performance (OP) and competitive advantage (CA). Originality/value – The theorization and schematization of the “triadic connect” (i.e. EO–IN–NE link) and outcomes (namely, OP and CA) is presented.

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