Female Venture Creation Process in Emerging Markets: BRIC and MENA

Nascent entrepreneurship plays an important role in the study of entrepreneurship. It has been studied from different angles, especially from the psychological and sociological perspective as nascent entrepreneurs have distinctive traits and competencies. Other important foci of research are the investigation of the environment in which nascent entrepreneurs operate, as well as the way both the identification and exploitation of entrepreneurial opportunities have emerged. The main objective of this chapter is to address (1) the main individual characteristics that entrepreneurs have in common; (2) the environmental factors contributing to new venture creation; and (3) the steps in the creation process. The chapter departs from the fundamental process of nascent entrepreneurship, which is centered on opportunity recognition, evaluation, and exploitation, and is complemented by the way how contextual factors and personal characteristics and competencies influence the new venture creation process.

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Entrepreneurship in the Internet

Encyclopedia of Information Science and Technology, Second Edition ◽

10.4018/978-1-60566-026-4.ch222 ◽

2011 ◽

pp. 1405-1411 ◽

Cited By ~ 2

Author(s):

Christian Serarols-Tarrés

Keyword(s):

Information Technologies ◽

New Ventures ◽

Distribution Channel ◽

The Internet ◽

Venture Creation ◽

Creation Process ◽

Theoretical Perspectives ◽

History Of ◽

The Creation ◽

The One

The increasing development of information technologies (IT) has significantly affected both firms and markets. IT is currently changing the world in a more permanent and far-reaching way than any other technology in the history of mankind (Carrier, Raymond, & Eltaief, 2004). A new economy, where knowledge is the most important strategic resource, is forcing firms to review their traditional routines and take advantage of the tools able to create new value. Nowadays, there are two types of firms using this new IT. On the one hand, firms with physical presence (traditional companies) use the Internet as a new distribution channel or alternatively as a logical extension of their traditional business. On the other hand, there are dotcoms, Internet start-ups, or cybertraders (European Commission, 1997), which have been specifically conceived to operate in this new environment. A number of scholars have attempted to explain the creation of new ventures from many different theoretical perspectives (economics, psychology, and population ecology among others) and have also offered frameworks for exploring the characteristics of the creation process (Bhave, 1994; Carter, Gartner, & Reynolds, 1996; Gartner, 1985; Shook, Priem, & McGee, 2003; Veciana, 1988; Vesper, 1990; Webster, 1976). However, despite the growing literature in this area, few studies have explored the process of venture creation in dotcom firms. Cyberentrepreneurship is still in its emergent phase, and there is more to know about the phenomenon and the elements of the venture creation process (Carrier et al., 2004; Jiwa, Lavelle, & Rose, 2004; Martin & Wright, 2005). What are the stages they follow to create their firms? This article attempts to answer this question. First, we analyse the entrepreneurial process of a new firm’s creation. Second, we shed some light on how this process is applied by cyberentrepreneurs in starting their businesses based on an in-depth, multiple case study of eight entrepreneurs in Spain.

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Business Plan Competitions in an Academic Setting- A Concept Overview and its Connection to the Venture Creation Process

Sharing Knowledge Making a Difference: The Role of International Scientific Cooperation. - World Sustainable Development Outlook ◽

10.47556/b.outlook2011.9.9 ◽

2011 ◽

pp. 141-165

Author(s):

Karl Maack ◽

◽

Tobias Thornblad ◽

Adli Abouzeedan ◽

Thomas Hedner ◽

...

Keyword(s):

Business Plan ◽

Venture Creation ◽

Academic Setting ◽

Creation Process

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ICON stores: managing a new business venture

Emerald Emerging Markets Case Studies ◽

10.1108/eemcs-03-2015-0030 ◽

2016 ◽

Vol 6 (1) ◽

pp. 1-20

Author(s):

Waheed Ali Umrani ◽

Abdul Khaliq Doudpota ◽

Umair Ahmed

Keyword(s):

Learning Outcomes ◽

Subject Area ◽

New Venture ◽

Venture Creation ◽

Entrepreneurial Success ◽

Content Type ◽

Creation Process ◽

Common Practices ◽

New Business ◽

The Common

Subject area Entrepreneurship. Study level/applicability Undergraduate – Entrepreneurship. Case overview The case concerns to an entrepreneur named Aamir Ghouri, a US graduate, who is concerned about managing the growth of his newly established venture named ICON Stores. The case presents the idea of entrepreneurial mindset characteristics and motivation besides which, it also explains the typical venture creation process in Pakistan and the general rubrics used to measure the entrepreneurial success in the economy. Expected learning outcomes The case is designed to help students to understand entrepreneurial mindset, characteristics and motivation; to understand entrepreneurial venture creation process; to learn the common practices regarding the measurement of entrepreneurial success of new venture; and to outline as to how growth of a new venture could be managed profitably. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 3: Entrepreneurship.

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FENOMENA PERNIAGAAN TEROKA BAHARU WANITA: JUSTIFIKASI LITERATUR TERHADAP PROSES PEMBINAAN TEORI KEUSAHAWANAN WANITA

International Journal of Creative Future and Heritage (TENIAT) ◽

10.47252/teniat.v9i2.742 ◽

2021 ◽

Vol 9 (2) ◽

pp. 60-77

Author(s):

NURUL AMIRA OMAR ◽

AHMAD FIRDAUSE MD FADZIL ◽

ROSFATIHAH CHE MAT

Keyword(s):

Women Entrepreneurs ◽

Positive Impact ◽

New Venture ◽

New Venture Creation ◽

Venture Creation ◽

Women Entrepreneurship ◽

Creation Process ◽

Library Research ◽

Building Process ◽

Conceptual Study

AbstrakFenomena kemunculan perniagaan teroka baharu oleh wanita bukanlah topik baru jika disusuri dari susur galur sorotan kajian lepas. Ramai penyelidik lepas melihat pelbagai perspektif yang berbeza-beza mengikut cabang disiplin masing-masing sepertimana ekonomi, pengurusan, psikologi, sosiologi dan lain-lain lagi. Namun ironinya, perbincangan berkaitan proses pembinaan teori keusahawanan wanita dikatakan masih bersifat pramatang. Kajian konseptual ini telah menggunakan kaedah kajian perpustakaan terhadap 95 artikel terpilih bersangkutan fenomena keusahawanan wanita dalam proses penciptaan teroka baharu yang terdiri daripada beberapa jurnal utama bidang keusahawanan wanita. Hasil kajian literatur ini mendapati, penglibatan usahawan wanita melalui perniagaan teroka baharu terbukti memberi impak positif dari sudut peningkatan peluang pekerjaan serta memperkembangkan inovasi produk baru dalam sesebuah negara. Kesinambungannya, kajian ini bertujuan untuk mendalami berkenaan fenomena keusahawanan wanita terutama berkenaan proses penciptaan teroka baharu memandangkan disiplin ini masih lagi bersifat pramatang terutama dalam proses pembangunan teori. Bersandarkan kepada teori Gartner, 1985, penyelidik memberi huraian yang jelas bagi menerangkan bagaimana keusahawanan wanita yang berlaku boleh dikaitkan dengan empat perspektif berbeza iaitu individu, persekitaran, organisasi yang ditubuhkan dan juga proses keusahawanan yang berlaku. Hasil huraian ini memberi gambaran dan sudut pandang yang khusus kepada usahawan wanita untuk memfokuskan kepada sisi yang memberi impak baik kepada perkembangan perniagaan teroka baru mereka. AbstractThe discussion about emerging women’s new venture creation is not a new topic when traced back from the past literature. Previous researchers looked at various perspectives according to their respective disciplines, such as economics, management, psychology, sociology etc. Ironically, the discussion related to the women entrepreneurship theory-building process is said to be premature. This conceptual study has used the library research method on 95 selected articles concerning the phenomenon of women entrepreneurship in the new venture creation process consisting of several main women entrepreneurship journals. Based on the result from literature review, the involvement of women entrepreneurs through new venture businesses proved to have a positive impact in terms of employment opportunities and the development of new product innovations in a country. This study investigated the relevance of the women entrepreneurship phenomenon related to the new venture creation process as this discipline is still premature. Based on Gartner's theory, the researchers provide a clear description of how women’s entrepreneurs can be associated with four different perspectives: individuals, environments, organizations established, and entrepreneurial process. The results of this description can provide a specific overview and perspective for women entrepreneurs to focus on the side that has a positive impact on the development of their new venture business.

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An Experiential Pattern-Matching Teaching Method: Unpacking the Process of Becoming

Entrepreneurship Education and Pedagogy ◽

10.1177/2515127420914658 ◽

2020 ◽

pp. 251512742091465

Author(s):

Daniil Pokidko ◽

Fouad Philippe Saade ◽

Nadav Shir

Keyword(s):

Pattern Matching ◽

Business Model ◽

Educational Process ◽

New Venture ◽

New Venture Creation ◽

Venture Creation ◽

Matching Method ◽

Theoretical Understanding ◽

Creation Process ◽

Business Model Canvas

The new venture creation process is essentially different from the process of managing an established business. Scholars suggest that many current mainstream teaching methods and tools used in entrepreneurship education (EE) are rooted in classical economic theory and do not fully address the specific nature of new venture creation. They also point at a shortage of native EE methods and tools developed specifically for the early-stage new venture creation process. We respond to this challenge through (a) a careful scrutiny of one of the most popular EE tools—the Business Model Canvas and (b) a novel and native EE Experiential Pattern-Matching method to support and complement the Business Model Canvas (and other similar EE tools). We advance our theoretical understanding of experience-based learning in EE settings by embedding the Experiential Pattern-Matching method into a Dynamic Experiential Process Framework that assists entrepreneurship educators in developing effective curricula and improving individual- and team-based learning throughout the educational process of new venture creation.

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The role of familial socio-political forces on new venture creation in family business

Cross Cultural & Strategic Management ◽

10.1108/ccsm-06-2017-0075 ◽

2018 ◽

Vol 25 (4) ◽

pp. 550-577 ◽

Cited By ~ 1

Author(s):

Navneet Bhatnagar ◽

Kavil Ramachandran ◽

Sougata Ray

Keyword(s):

Family Business ◽

Critical Role ◽

Political Support ◽

Abductive Reasoning ◽

New Venture ◽

Venture Creation ◽

Term Survival ◽

Content Type ◽

Creation Process ◽

Political Clout

Purpose New venture (NV) creation is critical to the growth and long-term survival of business groups. The purpose of this paper is to investigate the NV creation process in family business (FB) context and examine the influence of familial socio-political considerations and dynamics on venture creation processes. Design/methodology/approach The paper employs a triangulation technique drawing from the extant literature, observations from 25 in-depth interviews of FB leaders and insights from two FB practitioners and abductive reasoning to theorize on the NV creation process and the influence of socio-political considerations and dynamics within family. Findings The results show that there are four distinct stages of the NV creation process in FB context. Familial socio-political considerations and dynamics greatly influence the NV creation process. These considerations and dynamics vary according to the socio-political clout enjoyed by the proposer. Leadership’s predisposition to the proposer and the proposer’s socio-political clout in the family determine whether an NV proposal leads to venture creation. Research limitations/implications The study extends NV creation literature by suggesting that in addition to the economic rationale, socio-political considerations play a critical role in venture creation decisions. Future research can validate the findings with quantitative analysis. Practical implications FB members must garner strong socio-political support for their NV proposal. FB leaders must ensure that their NV proposal evaluation and resource allocation decisions are not unduly influenced by the proposer’s socio-political clout. Originality/value The study views the NV creation process in FB context from the lens of familial forces at play. It identifies four distinct stages of the NV creation process and examines the role played by familial socio-political considerations and dynamics during each stage.

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Family Social Capital, Venture Preparedness, and Start-Up Decisions

Family Business Review ◽

10.1177/0894486509332327 ◽

2009 ◽

Vol 22 (3) ◽

pp. 279-292 ◽

Cited By ~ 112

Author(s):

Erick P. C. Chang ◽

Esra Memili ◽

James J. Chrisman ◽

Franz W. Kellermanns ◽

Jess H. Chua

Keyword(s):

Social Capital ◽

Family Support ◽

Knowledge Capital ◽

Venture Creation ◽

Resource Based View ◽

Creation Process ◽

Indirect Influence ◽

Family Social Capital ◽

Start Up ◽

Hispanic Entrepreneurs

Using insights from the resource-based view, social capital, and network theories, the authors develop a model of how family social capital, as well as an entrepreneur’s knowledge capital and external social capital, influences the venture creation process. The model is tested on a sample of 85 nascent Hispanic entrepreneurs. Results indicate that family social capital, measured as family support, contributes to venture preparedness and the start-up decision, suggesting that it has both a direct and an indirect influence on venture creation.

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