How design practices assist new venture teams in creating entrepreneurial opportunities

2019 ◽  
Vol 1 (1) ◽  
Author(s):  
Gerda GEMSER ◽  
Nico Florian KLENNER ◽  
Ingo KARPEN
Keyword(s):  
Conceptual Framework ◽  
New Venture ◽  
Entrepreneurial Opportunities ◽  
Design Practices ◽  
The Creation ◽  
Opportunity Creation

Research at the intersection of business and design has focused extensively on examining the importance of design for innovation. In this conceptual article, we explore the less considered topic of design for entrepreneurship. We start from the premise that there are similarities in the context in which designers solve problems and entrepreneurs create opportunities and that designers enact certain routinized ways of working that may enable the creation of entrepreneurial opportunities. The main contribution of this article is that we propose a conceptual framework and formulate six propositions depicting the ways in which design practices can enable three antecedents of successful opportunity creation: the ability to generate ideas, the ability to change opportunity beliefs, and the ability to take action.

From Start-Up to Scale-Up

2018 ◽  
Author(s):  
Gilles Duruflé ◽  
Thomas Hellmann ◽  
Karen Wilson
Keyword(s):  
United States ◽  
Conceptual Framework ◽  
Public Policies ◽  
Scale Up ◽  
The United States ◽  
Smart Money ◽  
Start Up ◽  
The Us ◽  
The Creation

This chapter examines the challenge for entrepreneurial companies of going beyond the start-up phase and growing into large successful companies. We examine the long-term financing of these so-called scale-up companies, focusing on the United States, Europe, and Canada. The chapter first provides a conceptual framework for understanding the challenges of financing scale-ups. It emphasizes the need for investors with deep pockets, for smart money, for investor networks, and for patient money. It then shows some data about the various aspects of financing scale-ups in the United States, Europe, and Canada, showing how Europe and Canada are lagging behind the US relatively more at the scale-up than the start-up stage. Finally, the chapter raises the question of long-term public policies for supporting the creation of a better scale-up environment.

scholarly journals Agency in historical institutionalism coalitional work in the creation, maintenance, and change of institutions

2021 ◽  
Author(s):  
Patrick Emmenegger
Keyword(s):  
Collective Action ◽  
Conceptual Framework ◽  
Historical Institutionalism ◽  
Sociological Institutionalism ◽  
Collective Action Problems ◽  
The Creation

AbstractInstitutionalism gives priority to structure over agency. Yet institutions have never developed and operated without the intervention of interested groups. This paper develops a conceptual framework for the role of agency in historical institutionalism. Based on recent contributions following the coalitional turn and drawing on insights from sociological institutionalism, it argues that agency plays a key role in the creation and maintenance of social coalitions that stabilize but also challenge institutions. Without such agency, no coalition can be created, maintained, or changed. Similarly, without a supporting coalition, no contested institution can survive. Yet, due to collective action problems, such coalitional work is challenging. This coalitional perspective offers a robust role for agency in historical institutionalism, but it also explains why institutions remain stable despite agency. In addition, this paper forwards several portable propositions that allow for the identification of who is likely to develop agency and what these actors do.

A Conceptual Framework for Designing Arctic Underwater Transport Vessels

2021 ◽  
Vol 27 (5) ◽  
pp. 367-377
Author(s):  
Т. M. Grigor’ev ◽  
L. Е. Mamedova
Keyword(s):  
United States ◽  
Conceptual Framework ◽  
Conceptual Design ◽  
The United States ◽  
Underwater Vehicles ◽  
The Arctic ◽  
Arctic Zone ◽  
Shipbuilding Industry ◽  
Sea Transportation ◽  
The Creation

Aim. The presented study is aimed at the development of the underwater transport fleet as an effective tool for maintaining dominance in the Arctic.Tasks. The authors analyze the efficiency of sea transportation in the Arctic; examine and characterize existing vessels in the Arctic zone and the experience of different countries in creating underwater vehicles; determine requirements for underwater transport vessels.Methods. This study develops requirements for the conceptual design of underwater transport vessels that could serve as the basis of an underwater Arctic transport fleet with allowance for existing approaches to designing such vessels.Results. The costs of re-equipping submarines of old design for the creation of underwater transport vessels are preliminarily assessed. A number of objectives for future implementation are described. The influence of the project on the shipbuilding industry is shown.Conclusions. Building underwater transport vessels is technically possible, economically profitable, and expedient. This project can be implemented only in two countries — Russia and the United States.

Advancing a Framework for Entrepreneurship Development in a Bioeconomy

2021 ◽  
pp. 295-315
Author(s):  
Oluwaseun James Oguntuase
Keyword(s):  
Sustainable Development ◽  
Literature Review ◽  
Conceptual Framework ◽  
Systematic Literature Review ◽  
Entrepreneurship Development ◽  
Entrepreneurial Opportunities ◽  
Substitute Products ◽  
Entrepreneurial Activities ◽  
Innovation And Entrepreneurship

This chapter frames bioeconomy as a pathway to sustainable development, and entrepreneurship as the bedrock of a bioeconomy. Its objective is threefold. First, the chapter enumerates the importance of innovation and entrepreneurship in a bioeconomy. Second, the chapter identifies the key production determinants and transformative game changers in a bioeconomy that should be the focus of innovative entrepreneurial activities. Third, it presents a conceptual framework for entrepreneurship development in a bioeconomy. The chapter employs systematic literature review approach to achieve its objectives. In total, the chapter asserts that there are several entrepreneurial opportunities in a bioeconomy, spanning the production determinants, the development of transformative game changers, and in distinct innovations like substitute products, new (bio-based) products and new (bio-based) processes.

Beautiful Fragrances

Art Scents ◽  
2020 ◽  
pp. 209-228
Author(s):  
Larry Shiner
Keyword(s):  
Fine Arts ◽  
Fine Art ◽  
Complex Structures ◽  
Art And Design ◽  
Design Practices ◽  
The Creation ◽  
Over Time

Chapter 11 considers the claim that the best perfumes should be classified as part of the fine arts. The chapter argues that from the perspective of contemporary aesthetic definitions of fine art, perfumes have all it takes to be fine art since they have complex structures that develop over time that can be used to represent ideas and express emotions. Yet the second half of the chapter argues that from the perspective of contemporary contextual and historical definitions of art, perfumes are more like design art than fine art. The contextual case against fine art status is based on a model of art and design practices that involves roles, intentions, media, norms, and institutions. If we compare the creation of a commercial perfume designed by a perfumer with a “perfume” commissioned by an artist for an installation, commercial perfume looks like a design art. Chapter 11 ends in an impasse.

Entrepreneurship and Professional Service Firms

2015 ◽  
Author(s):  
Markus Reihlen ◽  
Andreas Werr
Keyword(s):  
Professional Services ◽  
New Venture ◽  
Professional Service ◽  
Levels Of Analysis ◽  
Service Firms ◽  
Professional Service Firms ◽  
Entrepreneurial Opportunities ◽  
Entrepreneurial Firm ◽  
Venture Management ◽  
Entrepreneurial Team

Research on entrepreneurship in professional services is rather limited. The authors argue that one reason why the two fields of professional services and entrepreneurship have operated in isolation rather than in mutual interaction is an inherent contradiction between the very ideas of entrepreneurship and professionalism. The perspective on entrepreneurship for this chapter is rather broad, focusing on new venture management and renewal in Professional Service Firms as well as embracing aspects such as learning, innovation, and institutional change. The chapter reviews previous work on entrepreneurship in professional services from three levels of analysis—the entrepreneurial team, the entrepreneurial firm, and finally the organizational field within which the creation and exploitation of entrepreneurial opportunities take place.

scholarly journals Resilient agility in volatile economies: institutional and organizational antecedents

2019 ◽  
Vol 33 (1) ◽  
pp. 100-113 ◽  
Author(s):  
Ismail Gölgeci ◽  
Ahmad Arslan ◽  
Desislava Dikova ◽  
David M. Gligor
Keyword(s):  
Organizational Change ◽  
Conceptual Framework ◽  
Entrepreneurial Orientation ◽  
Design Methodology ◽  
Environmental Changes ◽  
Entrepreneurial Firms ◽  
Content Type ◽  
Entrepreneurial Opportunities ◽  
Institutional Instability ◽  
Organizational Antecedents

Purpose The purpose of this paper is to scrutinize the interplay between resilience and agility in explicating the concept of resilient agility and discuss institutional and organizational antecedents of resilient agility in volatile economies. Design/methodology/approach The authors develop a conceptual framework that offers an original account of underlying means of ambidextrous capabilities for organizational change and behaviors in volatile economies and how firms stay both resilient and agile in such contexts. Findings The authors suggest that resilient agility, an ambidextrous capability of sensing and acting on environmental changes nimbly while withstanding unfavorable disruptions, can explain entrepreneurial firms’ survival and prosperity. The authors then address institutional (instability and estrangement) and organizational (entrepreneurial orientation (EO) and bricolage) antecedents of resilient agility in volatile economies. Originality/value The authors highlight that unfavorable conditions in volatile economies might have bright sides for firms that can leverage them as entrepreneurial opportunities and propose that firms can achieve increased resilient agility when high levels of institutional instability and estrangement are matched with high levels of EO and bricolage.

Thinking Strategically about Marketing: A Conceptual Framework for Understanding Brand Equity in Recreation and Intramural Sports

2003 ◽  
Vol 27 (2) ◽  
pp. 7-19 ◽  
Author(s):  
Matthew J. Robinson ◽  
James M. Gladden
Keyword(s):  
Conceptual Framework ◽  
Brand Equity ◽  
Brand Management ◽  
Corporate Sponsorship ◽  
Intramural Sports ◽  
Perception Of Quality ◽  
Institutional Funding ◽  
The Creation ◽  
The University ◽  
Competitive Forces

The purpose of this article is to develop a conceptual framework for understanding the formation of brand equity for college recreation and intramural departments by using prior research on brand management from both the marketing and sport literatures (e.g. Aaker, 1991; Gladden, Milne & Sutton 1998). This framework posits the formation of brand equity is an on-going process that is fueled by antecedents that are either department related, university related or market related. The department-related antecedents include the recreation leader, staff, and current existing programs and program promotion. The university-related antecedents include the reputation of the institution, facilities, and location of the facilities. The market-related antecedents include internal and external competitive forces. These antecedents lead to the creation of brand equity as composed of awareness, a perception of quality, associations with the brand and ultimately loyalty to the brand (Aaker, 1991). The level of brand equity will determine the consequences: campus visibility, amount of patronage, institutional funding, facility improvements, level of wellness on campus, and corporate sponsorship.

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