Entrepreneurship: Theory/Process/Practice (4th Edition)

Description

Entrepreneurship: theory, process, practice covers the foundations of entrepreneurship and entrepreneurial growth for the Asia-Pacific entrepreneur. The text emphasizes the development of a business idea with the major theme of “Environmental Entrepreneurship”. Alongside a strong theoretical framework, the authors have included a wealth of experiential learning methodology. Sustainability, ethical and social responsibility, and experiential learning elements set this text apart from others in its discipline. ‘People, Planet and Profit’ encapsulates the underlying principle throughout.

What’s New

• Pathways to entrepreneurship concepts are introduced in Part 1 and developed fully in Pathways Chapter 5 (including family, hi-tech, franchise, buyer, corporate pathways as well as minorities – ethnic, migrant, diaspora, women’s etc.)
• Chapter 2 includes stage transitions and competency/skill development
• Chapter 15 includes a discussion on sensitivity analysis, or ‘what if’ and Chapter 16 continues this theme into the lean-in start-up
• Chapter 6 includes a new section on ‘blue ocean strategies’, along with an introduction to crowdfunding
• Chapter 9 looks at entrepreneurial ecosystems
• The book also includes coverage of social media (chapter 10), crowd funding (chapter 14), and an overview on “communicating new venture business plans”, e.g competing for crowd funding etc.

Key Features

• Case studies at the end of each chapter link the theory to real-world situations
• Entrepreneurial case analysis at the end of each part provide full analyses that link theory to actual projects
• Figures and charts illustrate concepts and business results
• • A new business plan based on authors’ own entrepreneurial venture – Reviving the Samoan Chocolate Industry demonstrates how the theories in the book are incorporated into real entrepreneurial projects.
• ‘Entrepreneurial edge’ provides tips, inserts and interesting facts about entrepreneurship
• ‘Experiencing entrepreneurship’ boxes contain experiential activities that give users the opportunity to put skills and concepts discussed in the chapter into practice
• ‘Entrepreneurship in practice’ highlights stories of real-life entrepreneurs and companies to help illustrate the conceptual material covered in each chapter

Table of Contents

1. Part 1: Entrepreneurship in the twenty-first century
   1. Chapter 1: Entrepreneurship: evolution and revolution
   2. Chapter 2: The entrepreneurial mind-set: cognition and career
   3. Chapter 3: Entrepreneurship and sustainable development
   4. Chapter 4: Social and ethical entrepreneurship
2. Part 2: Initiating entrepreneurial ventures
   1. Chapter 5: Pathways to entrepreneurial ventures
   2. Chapter 6: Opportunity and the creative pursuit of innovative ideas
   3. Chapter 7: Entrepreneurial families: succession and continuity
   4. Chapter 8: Developing entrepreneurship within organizations
3. Part 3: Developing entrepreneurial ventures
   1. Chapter 9: The assessment of entrepreneurial opportunities
   2. Chapter 10: Marketing for entrepreneurial ventures
   3. Chapter 11: Strategic entrepreneurial growth
   4. Chapter 12: Global opportunities for entrepreneurs
4. Part 4: Growth strategies for entrepreneurial ventures
   1. Chapter 13: Legal and regulatory challenges for entrepreneurial ventures
   2. Chapter 14: Sources of capital for entrepreneurial ventures
   3. Chapter 15: Measuring performance for entrepreneurial ventures
   4. Chapter 16: Developing a sustainable business plan
5. Appendix: Business Plan – Reviving Samoa’s cocoa industry

Authors Biography

Professor Howard H Frederick is currently Teaching Professor of Entrepreneurship at Plymouth State University, New Hampshire, United States; and Research Professor at Monterey Institute of Technology, Mexico. He was Professor of Entrepreneurship Education at Deakin University in Melbourne, Australia, and was New Zealand’s longest-serving Professor of Innovation & Entrepreneurship, and Director, New Zealand Centre for Innovation & Entrepreneurship, at Unitec New Zealand in Auckland. Howard is recognized as an authority in the field of ICT, business innovation and economic development. He is a dynamic teacher whose keen insight of worldwide markets, economic trends, and political climates has inspired thousands of students to successfully launch their own ventures.

Allan is the Academic Director of the Entrepreneurship Commercialization and Innovation Centre (ECIC) at the University of Adelaide. He was formerly with the Australian Graduate School of Entrepreneurship, Swinburne University of Technology, lecturing in the fields of entrepreneurship and innovation in a number of topic areas associated with new venture strategy, evaluation and start-up. Allan’s extensive industry experience has been with the small and medium enterprise sector developing and introducing new products, entering new markets, and expanding sales and business opportunities in both established and new business environments. This experience has exposed him to the challenges of growth, innovation and entrepreneurship with engineered and manufactured goods. Allan’s research interests include entrepreneurship education, policy and the intersections between entrepreneurship, innovation and socioeconomic development. More specifically, Allan’s recent research projects have involved regional development, organizational development and human capital development. These projects have involved working with the Centre for Regional Development at Swinburne University of Technology, Questacon (the National Institute for Science and Technology, Canberra), the Hargraves Institute, (a member’s services organization focusing on corporate innovation) and the Westpac Global Entrepreneurship Monitor Australia project in 2004 and 2005 serving as project manager, researcher and co-author.

Dr. Donald F. Kuratko (known as “Dr. K”) is the Jack M. Gill Distinguished Chair of Entrepreneurship; Professor of Entrepreneurship; and Executive & Academic Director of the Johnson Center for Entrepreneurship & Innovation at the Kelley School of Business, Indiana University – Bloomington. He is considered a prominent scholar and national leader in the field of entrepreneurship, authoring over 190 articles and 30 books on aspects of entrepreneurship and corporate innovation, including one of the leading entrepreneurship books in the world today, ENTREPRENEURSHIP: THEORY, PROCESS, & PRACTICE. Dr. K was honored by his peers in Entrepreneur magazine as the #1 Entrepreneurship Program Director in the nation, as well as being selected one of the Top Entrepreneurship Professors in the United States by Fortune magazine. Professor Kuratko has been named one of the Top 50 Entrepreneurship Scholars in the world and was the inaugural recipient of the Karl Vesper Entrepreneurship Pioneer Award for his career dedication to developing the field of entrepreneurship. The Academy of Management has honored Dr. K with the Entrepreneurship Advocate Award for his contributions to the development of the discipline of entrepreneurship, and the Entrepreneurship Mentor Award for his work in the scholarly development of Ph.D. students and junior-level faculty in the entrepreneurship field.