Successful Internet Entrepreneurs Don't Have To Be College Dropouts

2014 ◽  
Vol 10 (4) ◽  
pp. 53-69
Author(s):  
Sonya Zhang
Keyword(s):  
Undergraduate Students ◽  
Market Competition ◽  
Business Environment ◽  
Internet Technology ◽  
General Strategy ◽  
Business Programs ◽  
Environment Model ◽  
Elective Course ◽  
College Dropouts ◽  
Core Course

Some of today's most successful Internet entrepreneurs didn't graduate from college. Many young people today followed the same path to pursue their dreams however ended up failing, not a surprise because 80% of the startups fail in first 5 years. As technology innovation and market competition on Internet continue to accelerate, college students need guidance and support more urgently now than ever before. Meanwhile most entrepreneurship programs offered in colleges and universities provide only general strategy-innovation-finance guidance for broad entrepreneurship while lack concentration on online startups or connection to Internet technology. We proposed a technology-business-environment model that could help guide universities in nurturing, building, and shaping their students' dreams and goals towards creating a successful Internet startup business. Finally, we demonstrated a course outline for an Internet entrepreneurship course designed for undergraduate students. Such course can be used as a core course in an entrepreneurship program or an elective course in Information Systems (IS), other sub-disciplines of computing programs, or business programs.

scholarly journals Successful Internet Entrepreneurs Don't Have To Be College Dropouts

Economics ◽  
2015 ◽  
pp. 687-701
Author(s):  
Sonya Zhang
Keyword(s):  
Undergraduate Students ◽  
Market Competition ◽  
Business Environment ◽  
Internet Technology ◽  
General Strategy ◽  
Business Programs ◽  
Environment Model ◽  
Elective Course ◽  
College Dropouts ◽  
Core Course

Some of today's most successful Internet entrepreneurs didn't graduate from college. Many young people today followed the same path to pursue their dreams however ended up failing, not a surprise because 80% of the startups fail in first 5 years. As technology innovation and market competition on Internet continue to accelerate, college students need guidance and support more urgently now than ever before. Meanwhile most entrepreneurship programs offered in colleges and universities provide only general strategy-innovation-finance guidance for broad entrepreneurship while lack concentration on online startups or connection to Internet technology. We proposed a technology-business-environment model that could help guide universities in nurturing, building, and shaping their students' dreams and goals towards creating a successful Internet startup business. Finally, we demonstrated a course outline for an Internet entrepreneurship course designed for undergraduate students. Such course can be used as a core course in an entrepreneurship program or an elective course in Information Systems (IS), other sub-disciplines of computing programs, or business programs.

scholarly journals International Market Entry Strategies: Relational, Digital, and Hybrid Approaches

2018 ◽  
Vol 26 (1) ◽  
pp. 30-60 ◽  
Author(s):  
George F. Watson ◽  
Scott Weaven ◽  
Helen Perkins ◽  
Deepak Sardana ◽  
Robert W. Palmatier
Keyword(s):  
Market Entry ◽  
New Technologies ◽  
International Market ◽  
Business Environment ◽  
Internet Technology ◽  
Global Business ◽  
The Past ◽  
Hybrid Approaches ◽  
Entry Strategies ◽  
Relational Strategies

The adoption of digital communications, facilitated by Internet technology, has been among the most significant international business developments of the past 25 years. This article investigates the effect of these new technologies and the changing global business environment to understand how relational approaches to international market entry (IME) are changing in light of macro developments. Despite substantial resources in business practice dedicated to combining relational strategies in digital settings, this analysis of extant literature reveals that fewer than 3% of peer-reviewed research articles in the international marketing domain examine digital contexts. To address this gap, the authors assess 25 years of literature to provide (1) a description of the evolution of IME research; (2) a review and synthesis of pertinent literature that adopts relational, digital, and hybrid approaches to IME; (3) a taxonomy of IME strategies; and (4) directions for further research.

scholarly journals “Biology of the Eye,” A Novel Multiformat Translational Elective for Medical Students

2019 ◽  
Vol 11 (01) ◽  
pp. e30-e35
Author(s):  
A. Marin ◽  
Joseph Brzezinski ◽  
Ram Nagaraj ◽  
Jasleen Singh
Keyword(s):  
Medical Students ◽  
Undergraduate Students ◽  
Clinical Science ◽  
Colorado School ◽  
University Of Colorado ◽  
School Of Medicine ◽  
Level Of Satisfaction ◽  
Medical Undergraduate ◽  
Elective Course ◽  
The University

Objective To allow medical undergraduate students an exposure to ophthalmology in the preclinical years as well as introduce concepts of basic and clinical science in ophthalmology for medical students. Methods The 10-session elective was offered to 2nd year medical students in the fall of 2016 and to 1st and 2nd year medical students in the fall of 2017 at the University of Colorado School of Medicine. The curriculum included a dissection laboratory, lectures, and journal reviews of key topics in ophthalmology with a basic scientist and clinician. At the conclusion of the sessions, the students evaluated this course by survey. Results Six medical students participated in the fall of 2016 and 11 students in the fall of 2017. The response rate was 83.33 and 100%, respectively. On a five- point Likert's scale, the students in both fall 2016 and 2017 rated the course as 4.7, indicating a positive reaction. Quality of learning objectives was rated as 4.4 and 4.5 in 2016 and 2017, respectively. Course management had a score of 4.4 and 4.6 in 2016 and 2017, respectively. Comments included: “I learned a lot about the eye I would not have known if I had not taken the course,” “I enjoyed the interplay between the clinical and basic science experts,” and “I liked the model of learning about a subject then looking at the research [sic].” Conclusions Based on the students' responses and level of satisfaction, we concluded that the elective course was successful at increasing medical students' exposure to ophthalmology at the University of Colorado School of Medicine while incorporating both basic and clinical science. Based on review of the students' feedback, modifications to the course included, expanding the course to 1st year medical students, limiting presentation times, simplifying presentation topics, and adding worksheets to guide article review sessions.

scholarly journals Is Human Capital Ready for Change? A Strategic Approach Adapting Porter’s Five Forces to Human Resources

2020 ◽  
Vol 12 (6) ◽  
pp. 2300 ◽  
Author(s):  
Livia Anastasiu ◽  
Ovidiu Gavriş ◽  
Dorin Maier
Keyword(s):  
Human Capital ◽  
Human Resources ◽  
Manufacturing Sector ◽  
Core Competencies ◽  
Market Competition ◽  
Human Resources Management ◽  
Industrial Sector ◽  
Business Environment ◽  
World Population ◽  
The World

This article argues for adapting Porter’s Five Forces Model to strategic human resources management. The world business environment is facing real challenges: Shortage of talents, ageing of the world population, and disappearance of repetitive jobs. For a sustainable approach, the quality and stability of human capital should be analyzed strategically, based on the influence of five forces which act in the market: Competition in the industrial sector between specialists with core competencies (rivalry), demands of the hiring companies in terms of the number of employees and updated skills (organizations as buyers), recruitment companies and schools (suppliers), effects of globalization on people’s migration (new entrants), and modern technologies and innovation (substitutes). The stronger the forces are, the harder it will be for the organization to select or retain valuable employees who will add value to products/services. Actual and future employees should analyze the intensity of these forces when they plan to prepare for jobs or change their career. This analysis was focused mainly on the manufacturing sector, where jobs based on repetitive or dangerous tasks may disappear in time.

Fun 2 fit aerobics: the misadventures of Amy and Azi and a Malaysian start up!

2011 ◽  
Vol 1 (1) ◽  
pp. 1-8
Author(s):  
Amran Rasli ◽  
Rosman Yusoff ◽  
Huam Hon Tat
Keyword(s):  
Undergraduate Students ◽  
Business Environment ◽  
Subject Area ◽  
Business World ◽  
Content Type ◽  
Planning And Control ◽  
Fitness Industry ◽  
One Year ◽  
And Control ◽  
Starting A Business

Subject area Entrepreneurship. Study level/applicability First year undergraduate students in business and management. Case overview “The Misadventures of Amy and Azi” case presents a brief historical perspective of two partners' venture into the aerobic and fitness industry. The case discusses the partners' foray into the business world armed with great determination and a one year business plan but without proper understanding of the operational requirements of running a business. Though successful in the launching of the first studio, the initial success had blinded the vision of one of the partners, Azi who wanted to open another branch quickly. After a few months of operation, they realized that the second studio was a failure and had sapped the profit from the first centre. To make matter worse, the two partners are stuck with the second studio and have to find another premise for the first studio due to short-sightedness when signing the rental agreement. Expected learning outcomes The case study enables the students to: understand the current business environment of fitness industry in Malaysia, appreciate the need for proper planning and control in starting a business, to be aware of the importance of understanding legal implications in starting a business, the need to conduct proper market research before starting and to understand multi-cultural and multi-religion issues in Malaysia. Supplementary materials Teaching note.

scholarly journals KNOWLEDGE AND PRACTICE TOWARDS QUALITY USE OF MEDICINE AMONG UNDERGRADUATE STUDENTS

2020 ◽  
Vol 20 (3) ◽  
pp. 49-56
Author(s):  
Wardah Mustafa Din ◽  
Noor Ashikeen Zainal Abidin
Keyword(s):  
Undergraduate Students ◽  
Health Resources ◽  
Knowledge Score ◽  
T Test ◽  
Test Analysis ◽  
Post Test ◽  
Elective Course ◽  
Knowledge And Practice ◽  
Effective Use ◽  
The Impact

Quality use of medicine is crucial not only to optimize health resources, but to safeguard consumers from unsafe use of medicine. Knowing Your Medicine (KYM) Campaign was launched by the Ministry of Health (MOH) Malaysia as an initiative to raise awareness to consumers on quality use of medicines in ensuring wise, safe and effective use of medicines. Materials of the campaign which is the KYM Module, is integrated in one of the elective course in UKM which is offered to undergraduate students across different faculties to increase knowledge and practice on quality use of medicine. This study aims to identify the impact of the KYM Module towards knowledge and practice of the undergraduates enrolled into the course. A one group pre and post-test research design was employed to students using purposive sampling (n=62). The questionnaire consists of three sections which are i) demographic profile, ii) knowledge assessment (14 items) and iii) practice assessment (15 items). Frequency analysis and paired sample T-test were used to measure the impact of the module. Knowledge of the undergraduates increased from fair/good to good/excellent, as knowledge score of 64.5% students reached excellent post-test compared to 35.5% pre-test. In terms of practice, a paired T-test analysis shows that there is a statistically significant increase in practice scores from pre-test (M = 4.2, SD = .472) to post-test (M = 4.57, SD = .341), t (61) =-3.859, p<.05 (two tailed). In summary, both knowledge and practice improved significantly among undergraduates after completing the module. This research serves as an important data to support the effectiveness of MOH initiative in disseminating important information regarding quality use of medicine to the public.

scholarly journals International Business Education At Best B-Schools

2008 ◽  
Vol 5 (1) ◽  
Author(s):  
Susan Eisner ◽  
Mary Ellen O’Grady Harvey
Keyword(s):  
International Business ◽  
Undergraduate Students ◽  
Business Education ◽  
Global Economy ◽  
Gap Analysis ◽  
Business Schools ◽  
Management Practice ◽  
Business Programs ◽  
Challenges And Opportunities ◽  
International Business Education

This paper investigates the preparation undergraduate students readying for participation in the global economy and interested in international business careers can receive at U.S. business schools. Existing literature point to the importance of internationalizing business education, but have been relatively silent in recent years regarding its status.  Accordingly, this study seeks to contribute to business education and management practice by examining the attributes of international business programs currently offered by “best” business schools. Gap analysis and benchmarking tools are identified and summarized within the context of existing literature. Analysis and recommendation are provided to assist educators developing programs that successfully train graduates for the challenges and opportunities of today’s international workplace.

scholarly journals Current Trends And Future Considerations Of Higher Education In Business

2006 ◽  
Vol 3 (9) ◽  
Author(s):  
Paul J. Carruth ◽  
Ann K. Carruth
Keyword(s):  
Graduate Programs ◽  
Business Environment ◽  
Business Community ◽  
Business Programs ◽  
Managerial Skills ◽  
Business Courses ◽  
Current Trends ◽  
Education Today ◽  
Global Nature ◽  
Graduate Business Education

Graduate programs in business, while still highly regarded, are under increased scrutiny by both business academics and the corporate world.  There is growing evidence that graduate business programs are not responsive to the needs of the business community.  The complexity and global nature of business today requires that schools must provide their graduates with not only traditional managerial skills, but also skills relating to the interpersonal and conceptual.  These essential skills include the ability to team build, to effectively communicate ideas, and to embrace cultural diversity.  To remain relevant and viable, business schools must assess not only their teaching, but also the content of their research.  Their focus should be on establishing criteria of excellence that benefits not the business school or faculty, but rather those that hire their graduates.  The purpose of this paper is to examine some of the basic assumptions of graduate business education today, and provide recommendations for enhancing its relevance in today’s complex business environment.  Perspectives that influence these trends are analyzed and include the changing mission of graduate programs in business as well as the debate over specialization versus integration of graduate business courses.

scholarly journals MANAGING ECONOMIC SECURITY OF AN INTERNATIONAL VENTURE: A PSYCHOLOGICAL PERSPECTIVE

2021 ◽  
pp. 57-66
Author(s):  
Yevheniia V. Voroniuk ◽  
Karina V. Satusheva
Keyword(s):  
Cultural Values ◽  
International Business ◽  
Corporate Culture ◽  
Market Competition ◽  
Effective Interaction ◽  
Business Environment ◽  
Economic Security ◽  
Successful Implementation ◽  
Theoretical Concepts ◽  
Business Entities

This article seeks to provide argument that effective performance in modern realia of business and management is impossible without understanding the socio-psychological processes that accompany entrepreneurial endeavours. Further development of market competition in the national economy, its inclusion in the system of global economic relationships, aggravation of internal barriers to successful implementation of economic reforms significantly raise the issue of exploring a psychological aspect of economic security of businesses, and in international ventures, in particular. An emphasis is put that the roots of genesis and evolution of economic psychology refer to radical changes, especially changes occurred in the economic paradigm and attitudes towards ownership for the means of production in the first place, as well as the emergence of new economic actors. Apart from that, pressing globalization trends, changes in political and economic patterns, as well as rapid technological advances in society have greatly affected socio-cultural values of the population. However, even the very speed and extent of global change faced by modern society depends on psychological characteristics inherent in different social groups. Different psychological patterns and perspectives that drive the development of business environment world-wide have created a new background for shaping and launching new economic security strategies for international business entities and ventures. The findings have verified that business economic security directly relates to management's understanding of the needs and the specifics of business structure and their alignment with the personal goals of the leader. Moreover, business operation of economic entities, both in the external and internal environment, encourages them to search for the new pathways and raise awareness of the need for effective interaction between the internal corporate culture and its organizational structure, ensuring and managing economic security and values of international markets. To attain the above objectives, a thorough research on the international business environment is of critical significance. It is argued that deep insights into psychological factors driving drastic change in the politicians’ perceptions of the need to make a shift from a planned socialist paradigm to a market economy, exploring the psychology of transformation of the theoretical concepts from Marxist political economy to Western market theories will facilitate better understanding of the nature of economic security of international ventures.

scholarly journals Improvement of the Quality of Business Environment Model: Case of the SME Segment

2019 ◽  
Vol 30 (5) ◽  
pp. 601-611 ◽  
Author(s):  
Jaroslav Belas ◽  
Ján Dvorský ◽  
Zdenek Strnad ◽  
Katarina Valaskova ◽  
Gentjan Çera
Keyword(s):  
Interest Rates ◽  
Structural Equation ◽  
Structural Model ◽  
Business Environment ◽  
Equation Modeling ◽  
Media Access ◽  
Model Case ◽  
Non Profit ◽  
Environment Model

The aim of this article is to define important factors which determine the quality of the business environment and construct a structural model of causal relationships between quality of business environment and its determinants in small and medium sized enterprises. This model was constructed on the basis of extensive empirical research. A questionnaire was designed and delivered to SMEs operating in the Czech and Slovak Republics. The sample consists of 641 enterprises from both countries. Data were evaluated using statistical methods such as confirmation factor analysis and structural equation modeling. The structural model showed very interesting findings. The most important factors, which determine the quality of business environment are macroeconomic environment, monetary policy and interest rates and legal environment. In our model, we also pointed out the importance of political, social and technological factors. The research results pointed to the need to adjust the legislative environment in a more appropriate way, to minimize state bureaucracy and to improve media access to business environment assessment. These results are useful for the academic researchers in the area of entrepreneurship, policymakers, and non-profit institutions and organizations whose effort is to improve the business environment and boost entrepreneurship.

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