scholarly journals ENTREPRENEURIAL LEARNING IN THE CONTEXT OF FAILURE AND CREATION OF NEW BUSINESS

2021 ◽  
Vol 1 (1) ◽  
pp. 49-70
Author(s):  
Tania Regina Frota Vasconcellos Dias ◽  
Cristina Dai Prá Martens ◽  
Fabrício Martins Lacerda
Keyword(s):  
Business Management ◽  
Business Failure ◽  
Entrepreneurial Learning ◽  
Business Partners ◽  
Learning Journey ◽  
New Knowledge ◽  
New Business ◽  
Entrepreneurial Knowledge ◽  
Depth Interviews ◽  
Micro Enterprises

This research aims to describe the career and the entrepreneurial learning of micro-enterprises owners that identified new opportunities after the business failure. The methodology consists of a qualitative and exploratory study, with a cross-section approach and longitudinal perspective. Two entrepreneurs participated in the study, selected by convenience and availability, based on established criteria. Data collection was conducted through in-depth interviews, the interviews were recorded and transcribed. The dates were analyzed using content analysis. The study shows that new knowledge emerged from a learning journey in the context of business failure. It is learning about yourself, persistence, and resilience to succeed in new activities; about business and failure, flexibility to change the focus; on networks and relationships, as experience working with partners, employees and establish a network with the business partners; and on business management, to learn to minimize risks, because they understand that you must have a minimum knowledge of the market. During the development of new business, there is a predominance of exploration to transform the experience into entrepreneurial knowledge.

scholarly journals Perceptual Fluctuations within the Entrepreneurial Journey: Experience from Process-Based Entrepreneurship Training

2021 ◽  
Vol 11 (3) ◽  
pp. 84
Author(s):  
Iuliia Trabskaia ◽  
Tõnis Mets
Keyword(s):  
Data Collection ◽  
Doctoral Students ◽  
Venture Creation ◽  
Self Assessment ◽  
Entrepreneurial Process ◽  
Entrepreneurial Learning ◽  
Entrepreneurship Training ◽  
Creation Process ◽  
Learning Journey ◽  
Depth Interviews

The entrepreneurial idea and opportunity are formed in the entrepreneurial process, which is characterized by entrepreneurial learning. During the entrepreneurial journey, the entrepreneur repeatedly reassesses the maturity of his business/venture idea and venture creation process to enter the market. The entrepreneur’s decisions are influenced by both objective and affective circumstances. This study aims to identify and map the fluctuations of idea–opportunity perception and affection by a student entrepreneur throughout the entrepreneurial learning journey simulating a genuine entrepreneurial (learning) process. The data collection of variables took place during an entrepreneurship course that modeled the entrepreneurial journey via process-based entrepreneurship training and applying feasibility and attractiveness self-assessment, observation and in-depth interviews. A small group of doctoral students developed their business ideas during a process-based entrepreneurship course. After each lesson and homework, they assessed the feasibility and attractiveness of their idea and opportunity. The results showed asynchronous fluctuations in these individual context-based perception variables, frequently depending on the progression of the entrepreneurial journey. The study added the concept of affective artifact and some generalizing dimensions to describe the entrepreneurial journey. Recommendations are given for the implementation and research of entrepreneurial process-based training.

Real Time Experience of Participants in Higher Education During The Coronavirus: A Case Study

2021 ◽  
Vol 36 (1) ◽  
pp. 51-70
Author(s):  
Randa Khair Abbas ◽  
Eman Abu Hanna Nahhas ◽  
Khawla Zoabi ◽  
Ibtisam Marey-Sarwan ◽  
Hanadi Abu Ahmad
Keyword(s):  
Higher Education ◽  
Real Time ◽  
Administrative Staff ◽  
Financial Security ◽  
Time Experience ◽  
New Learning ◽  
New Knowledge ◽  
Self Discovery ◽  
Depth Interviews

This case study explored the real-time experience of participants in the Arab Academic College for Education in Haifa, Israel, during the coronavirus pandemic. Twenty in-depth interviews were conducted with management, administrative staff, faculty and students. Participants' stories reveal that feelings of stress and isolation gave way to new learning and self-discovery, a new relationship with time, and the creation of new knowledge on the personal and institutional levels. Strong, coordinated leadership, combined with legal and financial security, facilitated the transition to online learning and allowed the college to emerge from the crisis successfully. Implications are drawn for dealing with future crises.

scholarly journals PENGEMBANGAN MODEL PELATIHAN AKUNTANSI DALAM UPAYA MENINGKATKAN KOMPETENSI KEUANGAN PADA UMKM WIRAUSAHAWAN MUDA

2018 ◽  
Vol 6 (1) ◽  
pp. 20
Author(s):  
Ita Rakhmawati
Keyword(s):  
Business Management ◽  
Financial Statements ◽  
Primary Data ◽  
Economic Potential ◽  
Training Design ◽  
Operating Income ◽  
Small Medium Enterprises ◽  
Medium Enterprises ◽  
Depth Interviews ◽  
Young Entrepreneurs

Small medium enterprises is one of the perpetrators of the economic potential in Indonesia, both in terms of number and its contribution to the national economy. This event will be based on research by the large number of potential young entrepreneurs for small medium enterprises that develop among the students of business management Course Shari'a. However, the potential of encountering problems one is difficult because of the limited structure and capability still managing their finances. The purpose of this research is to know the financial competency mapping and owned by small medium enterprises run by young entrepreneur. Further based on the database used to compile the proper accounting training design. Primary data obtained from in-depth interviews, questionnaires and observation directly. Financial competence that is owned by young entrepreneurs for small medium enterprises can be seen from the source variable capitalization, turnover, business profits and the ability of the application of accounting in the form of presentation of the financial statements. The results showed that most small medium enterprises have difficulty in the sector as well as a good amount of capitalization capital structure. small medium enterprises operational views of the turnover and operating income showed a fairly progressive conditions for businessmen beginners. While the ability of drawing up financial statements still minimal, more that just make a simple cash flow report

scholarly journals ANALISIS PENYEBAB KEGAGALAN MENDIRIKAN USAHA BARU PADA PARA LULUSAN PROGRAM WIRAUSAHA BARU JAWA BARAT KELAS IDE BISNIS

2018 ◽  
Vol 6 (1) ◽  
pp. 31
Author(s):  
Rida Srihadiastuti ◽  
Deden Syarif Hidayatullah
Keyword(s):  
Data Analysis ◽  
Research Data ◽  
Business Failure ◽  
Entrepreneurship Training ◽  
Analysis Techniques ◽  
Start Up ◽  
New Business ◽  
Qualitative Descriptive ◽  
Descriptive Method ◽  
Main Factor

Wirausaha Baru Jawa Barat Program (WUB Jabar Program) which organized by Badiklatkop Bandung, is an entrepreneurship training in 3 choices of business field, those are food-beverage, convection, and salon. Participants are divided into Ide Bisnis class, Start-up class, or Growth class. Ide Bisnis Class is for participants who do not have a business, or already have a business but not yet reached the age of 1 year. Through a survey of 237 Ide Bisnis class graduates, there were 21 people who failed in establishing their new business after participated in the program. This research aims to determine the factors that caused failure. The qualitative descriptive method used in this research. Data collection techniques with an observation of program WUB Jabar, and interviews with 7 graduates who experienced business failure, also to 5 graduates whose business is still continuing. Data analysis techniques with Miles and Huberman models. The results of this research explained that the main factor causing graduates’ new business failure is the barrier on capital because barriers on capital causing barriers on other factors. And capital factor is also the most difficult barrier to be solved by the graduates who do not experience the business failure

Consequences of Disruptive Technology

2013 ◽  
pp. 805-824
Author(s):  
Güera Massyn Romo
Keyword(s):  
Performance Management ◽  
Management Practices ◽  
Business Management ◽  
Future Research ◽  
Disruptive Technology ◽  
Communication Services ◽  
Parallel Structures ◽  
New Business ◽  
Organisational Process ◽  
Organisation Structure

There is an industry tendency to create new roles to compensate for the unavailability of adequately skilled staff. This contributes to establishing new business management practices in allocating and managing operational responsibility. An example of a permanent parallel organisation structure, namely Revenue Assurance (RA) in the Communications Services Provider (CSP) industry is described in context of the CSP industry challenges to ensure complete and accurate billing of communication services. This discussion is positioned with reference to organisational learning (OL) theory and objectives. This chapter argues that parallel structures be utilised as learning structures rather than operational compensating structures as is the case with the RA implementation in practice today. Future research must focus on competency destruction as a conscious organisational process in association with a renewed focus on targeted recruitment, adequate personnel performance management, and a continued reliance on existing business management practices such as project management and risk management.

Innovation and Creativity Used by Private Sector Firms in a Resources-Constrained Environment

2018 ◽  
pp. 219-238 ◽  
Author(s):  
Hoang Thanh Nguyen ◽  
Scott A. Hipsher
Keyword(s):  
Economic Development ◽  
Developing Economies ◽  
Business Owners ◽  
Field Observations ◽  
Competitive Advantages ◽  
Technology Advancement ◽  
Social And Economic Development ◽  
Business Opportunities ◽  
New Business ◽  
Micro Enterprises

While innovation has become a popular topic when advocating for technology advancement and enhancing innovative processes in firms in both developed and developing economies, innovation in the context of micro-enterprises in emerging economies, such as Vietnam is not well understood nor has the topic been examined thoroughly. This chapter, in addition to looking at innovation within a micro-entrepreneurial context, includes a review of the academic literature on innovation, entrepreneurship, creativity, competitive advantages, and knowledge as some of the main drivers for social and economic development. Based on the field observations and interviews, it appears business owners of micro-enterprises in Vietnam might often use innovation by depending on their own individual adaptability and creativity to advance business opportunities by building upon existing knowledge as opposed to creating an entirely new business model or concept. Awareness of the nature of innovation within micro-enterprises could be helpful in designing governmental policies which are intended to create conditions which foster innovation and reduce throughout all levels of society and could have a role in reducing poverty.

BSC-Based Framework for E-Business Strategy

2011 ◽  
pp. 536-547
Author(s):  
Fen Wang ◽  
Guisseppi Forgionne
Keyword(s):  
Business Strategy ◽  
Business Models ◽  
Business Management ◽  
Management Control ◽  
Strategy Development ◽  
Business Climate ◽  
Business Decisions ◽  
The Balanced Scorecard ◽  
New Business ◽  
And Performance

E-business is far more about strategy than technology (Raisinghani & Schkade, 2001). An effective e-business strategy is concerned with e-business multidimensional characteristics associated with different levels, parties, elements, and growth pattern features (Bakry & Bakry, 2001). In the process, the strategy must incorporate the effects of the instant and global Internet communication mechanism on the company’s business management architecture. The global reach and interconnectivity of the Internet have spawned new models of e-business strategy and radically transformed existing ones (Pant & Ravichandran, 2001). Indeed, what distinguishes many of the dot-coms is not their new technical power, but the radical new business models (Hamel, 2000). Aided by such innovative e-business models, managers will be able to identify the major decision factors involved in their business strategies and generate strategies that would improve their overall performance and profitability. In the current context, four essential perspectives are identified to be associated with an e-business strategy: financial, customer, internal processes, and learning and growth. These four perspectives were first introduced in early 1990s as the balanced scorecard concept (BSC) (Kaplan & Norton, 1992). Because the BSC methodology explicitly focuses on links among business decisions and outcomes, it is intended to guide strategy development, implementation, and provide reliable feedback for management control and performance evaluation. This BSC rationale is thereby appealing to managers who face new challenges in the current turbulent e-business climate. The real challenge is to determine how the BSC can be successfully applied in the context of e-business’s constantly changing environment of interdependencies (Hasan & Tibbits, 2000). E-business introduces new business objectives and strategies and the old measures of success may no longer apply. It is anticipated that the departure from the original BSC for a strategic e-business management framework would be more radical than the existing BSC adaptations (e.g., Martinson’s balanced IS scorecard; Martinsons, Davison, & Tse, 1999).

Challenges of researching gendered violence

2018 ◽  
pp. 33-50
Author(s):  
Suzanne Franzway ◽  
Nicole Moulding ◽  
Sarah Wendt ◽  
Carole Zufferey ◽  
Donna Chung
Keyword(s):  
Partner Violence ◽  
Life Histories ◽  
Large Scale ◽  
National Study ◽  
Gendered Violence ◽  
New Knowledge ◽  
Conducting Research ◽  
The Impact ◽  
Depth Interviews ◽  
Empirical Foundation

This chapter is focused on the challenges of researching gendered violence. Here, the chapter presents the empirical foundation and design of a large-scale national study conducted across Australia; which included a major survey, in-depth interviews, and constructed life histories. This chapter also considers some of the challenges faced when conducting and participating in gendered violence research in the context of the politics of ignorance and sexual politics. Given the risks that can flow from participating in and conducting research into gendered violence, it was particularly vital that the study was tightly conceptualised and methodologically sound, so that the benefits of participation by contributing to the development of new knowledge clearly outweighed any risks. The research study outlined here aimed to reveal the breadth and interconnected nature of the impact of intimate partner violence on women's citizenship as part of challenging wilful ignorance about violence and its relationship to gender inequality. As such, this research was an inherently political project that involved balancing a number of key considerations.

Exploitation of biotechnology in a large company

1989 ◽  
Vol 324 (1224) ◽  
pp. 599-611
Keyword(s):  
Knowledge Base ◽  
Biological Systems ◽  
Toxic Action ◽  
Biological Products ◽  
Large Company ◽  
New Knowledge ◽  
New Business

Almost from the outset, most large companies saw the ‘new biotechnology’ not as a new business but as a set of very powerful techniques that, in time, would radically improve the understanding of biological systems. This new knowledge was generally seen by them as enhancing the process of invention and not as a substitute for tried and tested ways of meeting clearly identified targets. As the knowledge base grows, so the big-company response to biotechnology becomes more positive. Within ICI, biotechnology is now integrated into five biobusinesses (Pharmaceuticals, Agrochemicals, Seeds, Diagnostics and Biological Products). Within the Central Toxicology Laboratory it also contributes to the understanding of the mechanisms of toxic action of chemicals as part of assessing risk. ICI has entered two of these businesses (Seeds and Diagnostics) because it sees biotechnology making a major contribution to the profitability of each.

scholarly journals The politics of sensemaking and sensegiving at work

2014 ◽  
Vol 26 (1) ◽  
pp. 3-21 ◽  
Author(s):  
Cathrine Filstad
Keyword(s):  
Leadership Style ◽  
Middle Managers ◽  
Middle Management ◽  
Top Management ◽  
Content Type ◽  
Political Activities ◽  
Political Processes ◽  
Top Managers ◽  
New Knowledge ◽  
Depth Interviews

Purpose – The aim of this paper is to investigate how political activities and processes influence sensemaking and sensegiving among top management, middle management and employees and to examine its consequences for implementing new knowledge. Design/methodology/approach – Data were collected in a Norwegian bank using in-depth interviews with middle managers and financial advisers. Observations of meetings, informal conversations and verbatim notes were also used in data collection among top managers. A practice-based approach was used as an analytical lens. Findings – Top managers' political activities of excluding others from the decision process affect their sensemaking and resulted in sensegiving contradictions between spoken intent and how to change practice. Middle managers' political activities were to accept top managers' sensegiving instead of managing themselves in their own sensemaking to help financial advisers with how to change their role and practice. As a result, middle managers' sensemaking affects their engagement in sensegiving. For financial advisers, the political processes of top and middle managers resulted in resistance and not making sense of how to change and implement new knowledge. Research limitations/implications – A total of 30 in-depth interviews, observations of five meetings and informal conversations might call for further studies. In addition, a Norwegian study does not account for other countries' cultural differences concerning leadership style, openness in decisions and employee autonomy. Originality/value – To the author's knowledge, no studies identify the three-way conceptual relationship between political activities, sensemaking and sensegiving. In addition, the author believes that the originality lies in investigating these relationships using a three-level hierarchy of top management, middle management and employees.

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