Evolution of Incubation Models

2004 ◽  
Vol 18 (1) ◽  
pp. 23-31
Author(s):  
Alessandro Grandi ◽  
Rosa Grimaldi
Keyword(s):  
Case Studies ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Business Incubators ◽  
Business Innovation ◽  
Different Types

This paper addresses the role of incubators in supporting new venture creation. A mapping of four different types of incubator is proposed: corporate private incubators (CPIs), independent private incubators (IPIs), business innovation centres (BICs) and university business incubators (UBIs). This mapping is exemplified through case studies of one incubator for each of the four categories. The authors argue that one interpretative key to explain the dynamics of the incubation industry is the evolution of company requirements and consequently of the services offered by incubators. In this context, two different incubating models are described which provide incubators with useful indications as to how they should position themselves strategically.

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.

Passion and Entrepreneurship

2019 ◽  
pp. 439-462
Author(s):  
Edwin A. Locke ◽  
J. Robert Baum
Keyword(s):  
Short Review ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Entrepreneurial Success ◽  
And Performance

This chapter discusses the role of passion in entrepreneurship. The nature of emotions, and how they relate to passion, is explained with research in support. By focusing on new venture creation and growth, this chapter presents a short review of how entrepreneurship has been defined in the literature, as well as its value and challenges. Studies examining the relationships between passion and entrepreneurial success and performance are reviewed, and a discussion on the various scales to measure passion is provided.

scholarly journals Entrepreneurship as the Unsung Hero during the Current COVID-19 Economic Crisis: Australian Perspectives

2020 ◽  
Vol 12 (11) ◽  
pp. 4612 ◽  
Author(s):  
Alex Maritz ◽  
Aron Perenyi ◽  
Gerrit de Waal ◽  
Christoph Buck
Keyword(s):  
Economic Crisis ◽  
Entrepreneurship Education ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Entrepreneurial Ecosystem ◽  
Australian Context ◽  
Multidimensional Effects

The COVID-19 pandemic has not only had a significant and catastrophic effect on business and economies globally, but has identified the external and internal enablement of new venture creation. This paper aims to provide entrepreneurship insights, implementations and dynamics to demonstrate the role of entrepreneurship in times of such adversity within an Australian context. We provide emergent enquiry narratives from leading Australian scholars, identifying entrepreneurial initiatives as a catalyst to new venture creation and growth. Narratives include insights associated with the entrepreneurial mindset, the multidimensional effects of resilience and entrepreneurship, entrepreneurship education, entrepreneurship enablers and the entrepreneurial ecosystem. Opportunities for further research are identified, particularly regarding context and empirical outcomes. We postulate that entrepreneurship may well be the unsung hero during the current COVID-19 economic crisis.

Entrepreneurial ecosystems as fields: Integrating meso-level institutional theory

2019 ◽  
Vol 63 (2-4) ◽  
pp. 64-78 ◽  
Author(s):  
Carolin Auschra ◽  
Thomas Schmidt ◽  
Joerg Sydow
Keyword(s):  
Institutional Theory ◽  
New Ventures ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Meso Level ◽  
Entrepreneurial Ecosystems

Abstract Contemporary works on entrepreneurial ecosystems (EEs) suffer from a lack of theorization. We address this problem by conceptualizing EEs as institutional fields, which is an analytical construct that is already well-elaborated on in neo-institutional theory. This theory provides a processual lens that is sensitive to the role of both institutions and agency in field structuration. Additionally, understanding EEs as fields can help to capture dynamics within EEs as well as their relationships with other fields. Following this approach, entrepreneurial issue fields mainly focus on debates around entrepreneurship and new venture creation, whereas entrepreneurial exchange fields focus on products and services produced by and offering support for a set of mainly industry-specific new ventures. In addition, we discuss mechanisms for transformations between both types of fields.

Environments for Entrepreneurship Development: Key Dimensions and Research Implications

1994 ◽  
Vol 18 (4) ◽  
pp. 43-62 ◽  
Author(s):  
Devi R. Gnyawali ◽  
Daniel S. Fogel
Keyword(s):  
Environmental Conditions ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Five Dimensions ◽  
Creation Process ◽  
The Core ◽  
Core Elements ◽  
Key Dimensions

An integrated framework is not available for studying the environmental conditions conducive for entrepreneurship despite their importance for the emergence and growth of enterprises in a country. This paper develops such a framework consisting of five dimensions of entrepreneurial environments and links these dimensions to the core elements of the new venture creation process. Specific emphasis is given to the role of environmental conditions in developing opportunities and in enhancing entrepreneurs’ propensity and ability to enterprise. The paper outlines some propositions and research implications of the integrated model and offers initial guidelines for formulating public policies to develop entrepreneurial environments.

CASE STUDIES ON WHAT ENTREPRENEURS ACTUALLY DO TO ATTRACT RESOURCES: A TWO-ROUTE FRAMEWORK

2009 ◽  
Vol 17 (03) ◽  
pp. 323-349 ◽  
Author(s):  
MIGUEL PEREIRA LOPES ◽  
MIGUEL PINA E. CUNHA ◽  
PATRICIA JARDIM DA PALMA
Keyword(s):  
Case Studies ◽  
Qualitative Data ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Network Building ◽  
Entrepreneurship Theory ◽  
Attraction Effects ◽  
Entrepreneurial Efforts ◽  
Critical Resources

Taking a grounded approach, we devised a framework to explain how entrepreneurs attract critical resources to venture creation and development. The study was based on qualitative data from a series of interviews with thirteen entrepreneurs conducted in a sample of six case studies. The framework distinguishes two routes that entrepreneurs use to attract resources for their ventures: idea selling, referring to how the entrepreneurs seek to engage others within the venture and to persuade them to support their entrepreneurial efforts; and network building, concerning the attraction effects of the entrepreneurs' social network positions and venture legitimacy. The framework adds to entrepreneurship theory by proposing a conceptual model of resource gathering strategies in new venture creation and development.

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