Role of Pedagogical Practices in Entrepreneurship Education and its impact on New Venture Creation: A Critical Review

2019 ◽  
Vol 4 (1) ◽  
pp. 22
Author(s):  
Vikas Rajput ◽  
Deepak Singh
Keyword(s):  
Critical Review ◽  
Entrepreneurship Education ◽  
Pedagogical Practices ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation

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.

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.

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.

scholarly journals Leveraging Effectual Means through Business Plan Competition Participation

2015 ◽  
Vol 29 (6) ◽  
pp. 481-492 ◽  
Author(s):  
Kayleigh Watson ◽  
Pauric McGowan ◽  
Paul Smith
Keyword(s):  
Qualitative Interviews ◽  
Entrepreneurship Education ◽  
Business Plan ◽  
New Venture ◽  
New Venture Creation ◽  
Venture Creation ◽  
Regional University ◽  
Key Competencies ◽  
Viable Business

This paper explores whether the business plan competition (BPC), as a classically causational mechanism for extracurricular entrepreneurship education, can facilitate the development of the means that underpin an effectual approach to new venture creation. In-depth, open-ended qualitative interviews were conducted with participants in a regional university-based extracurricular BPC before, immediately after and six months after the competition. The BPC was found to facilitate the means that could be used to adopt an effectual approach. The competition afforded valuable networking opportunities and collaborative contacts with regard to ‘who they know’; and it enhanced ‘what they know’ through enabling the acquisition, development and application of key competencies. Participants were able to gain and project a confident sense of ‘who they are’ in terms of their venture, changing their perception of the venture from a student project to a credible and viable business prospect. There were strong indications that these acquired means endured in the six months following participation. The implication is that education in which a business plan is dominant need not automatically impede the promotion of an effectual approach.

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