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Small Business Owner-Managers and Corporate Managers: a Comparative Study of Achievement Motivation, Risk Taking Propensity and Preference for Innovation

Description: Despite the economic significance of entrepreneurship, relatively little is known about the entrepreneur, particularly how the entrepreneur differs from the corporate manager. This problem is both cause and symptom of the discord regarding definitions of the entrepreneur, rendering sampling, research replication and generalizations about entrepreneurs problematic. As a result, inquiry has failed to adequately establish how entrepreneurs differ from managers, a problem partially stemming from a dearth of methodologically rigorous comparisons of entrepreneurs with managers. The primary purpose of this study was to investigate the potential of psychological constructs to predict a proclivity for entrepreneurship. Moreover, differences in types of small business owner-managers were also investigated. Included in the research model were three common themes in the entrepreneurship literature: achievement motivation, risk taking propensity and preference for innovation. Also incorporated were the interactions of the psychological constructs, as well as individual and firm demographic variables.
Date: May 1995
Creator: Stewart, Wayne H. (Wayne Howard)
Partner: UNT Libraries

Corporate Entrepreneurship: Strategic and Structural Correlates and Impact on the Global Presence of United States Firms

Description: Corporate entrepreneurship, its correlates, and its impact on the global presence of firms were examined through 439 United States companies, represented in all geographic realms of the world. Executives responded to a lengthy survey of organizational characteristics which enabled corporate entrepreneurship and its dimensions--innovation, proactiveness, and risk taking--to be examined in firms with varying global presence. Risk factors were assigned to countries and realms from the averaged rankings of three published risk-forecasting services. Maximum risk country, maximum risk geographic realm, average risk of countries, average risk of geographic realms, number of countries, and number of geographic realms, were differentially weighted to equalize scales and combined into a composite global presence scale. Strategy-related variables--competitive aggressiveness and adaptiveness--dominated other organizational attributes in explaining corporate entrepreneurship, and corporate entrepreneurship dominated other variables in explaining global presence, according to correlation and multiple regression analysis. Although no variables correlated strongly with measures of global presence, corporate entrepreneurship consistently had significant positive correlations across all six measures of global presence and the composite global presence scale. In forward stepwise multiple regressions, corporate entrepreneurship was the first variable entered into the prediction equation for five of the six measures of global presence; only when the dependent variable was the number-of-countries measure of global presence did scanning load before corporate entrepreneurship. Of the dimensions of corporate entrepreneurship, risk taking had the weakest correlations with measures of global presence, although risk was the theoretical basis for the first four measures of global presence; the risk taking dimension of corporate entrepreneurship represents executives' perceptions of risk, whereas global presence was derived from published risk rankings of countries. Environmental dynamism and heterogeneity, although not hostility, correlated with corporate entrepreneurship; however, neither environmental element showed a systematic relationship with global presence. Overall, corporate entrepreneurship, driven primarily by strategy-related variables, influenced the global ...
Date: May 1993
Creator: Dean, Carol Carlson
Partner: UNT Libraries

An Empirical Investigation of Personal and Situational Factors That Relate to the Formation of Entrepreneurial Intentions

Description: New entrepreneurial organizations emerge as a result of careful thought and action. Therefore, entrepreneurship may be considered an example of planned behavior. Previous research suggests that intentions are the single best predictor of planned behavior. Given the significance of intentions, the purpose of this study was to investigate the relationships between the personal characteristics of the entrepreneur and perceived environmental factors, and entrepreneurial intentions.
Date: August 1998
Creator: Summers, David F. (David Frederic), 1948-
Partner: UNT Libraries

Environmental Scanning Behavior in Physical Therapy Private Practice Firms: its Relationship to the Level of Entrepreneurship and Legal Regulatory Environment

Description: This study examined the effects of entrepreneurship level and legal regulatory environment on environmental scanning in one component of the health services industry, private practice physical therapy. Two aspects of scanning served as dependent variables: (1) extent to which firms scrutinized six environmental sectors (competitor, customer, technological, regulatory, economic, social-political) and (2) frequency of information source use (human vs. written). Availability of information was a covariate for frequency of source use. Three levels of entrepreneurship were determined by scores on the Covin and Slevin (1986) entrepreneurship scale. Firms were placed in one of three legal regulatory categories according to the state in which the firm delivered services. A structured questionnaire was sent to 450 randomly selected members of the American Physical Therapy Association's Private Practice Section. Respondents were major decision makers, e.g., owners, chief executive officers. The sample was stratified according to three types of regulatory environment. A response rate of 75% was achieved (n = 318) with equal representation from each stratum. All questionnaire subscales exhibited high internal reliability and validity. The study used a 3x3 factorial design to analyze the data. Two multivariate analyses were conducted, one for each dependent variable set. Results indicated that "high" entrepreneurial level firms scanned the technological, competitor and customer environmental sectors to a significantly greater degree than "middle" or "low" level groups, regardless of type of legal regulatory environment. Also, "high" level firms were found to use human sources to a significantly greater degree than did lower level groups. Empirical evidence supporting Miles and Snow's (1978) proposition that "high" level entrepreneurial firms (prospectors) monitor a wider range of environmental conditions when compared to "low" level (defender) firms was presented. The results also confirmed that market and technological environments were scanned most often. Finally, the results added to the construct validity of the ...
Date: August 1988
Creator: Schafer, D. Sue
Partner: UNT Libraries

Virtual Entrepreneurship: Explicating the Antecedents of Firm Performance

Description: Prior research has examined entrepreneurial businesses spatially located in the physical or offline context; however, recent radical information and technological breakthroughs allow entrepreneurs to launch their businesses completely online. The growth of the online business industry has been phenomenal. Predictions for worldwide online sales estimate it to reach $2 trillion in 2016. Virtual entrepreneurship refers to the pursuit and exploitation of opportunities via virtual platforms. Web 2.0 cybermediaries offer web-based platforms that function similarly to traditional intermediaries in a virtual setting and minimize barriers to entry for virtual entrepreneurial firms. The use of such cybermediaries with increasing success suggests an implicit shift in the dominant logic that typically underpins the functioning of entrepreneurial firms operating in the physical world. In this relatively uncharted territory, marked by a focus on profit, cooperation, collaboration and community, three ideal-type institutional logics i.e. Market, Corporation and Community, blend together. It is posited that a Virtual Entrepreneurial Logic guides the norms, behaviors, and practices of entrepreneurial firms operating via these virtual platforms. This raises the question whether the blending of three ideal-type logics leads to the existence of different antecedents of performance. A business model antecedent addressing the economic dimension, a community antecedent addressing the community dimension and a co-creation antecedent addressing the collaborative dimension of the Virtual Entrepreneurial Logic were therefore empirically examined in this study. Thus, three research questions were investigated to explicate the antecedents. Primary data from 1396 virtual entrepreneurial firms was collected (business model antecedent n=366, community antecedent n=732 and co-creation antecedent n= 298) to test the proposed hypotheses. Results provided support for the three antecedents. This study makes important theoretical and practical contributions to understanding the domain of virtual entrepreneurship from a blended logics perspective. Using the theoretical lens provided by institutional logics helps shed light on the pivotal role ...
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Date: May 2016
Creator: Chandna, Vallari
Partner: UNT Libraries

Effects of Venture Team Demographic Characteristics on Team Interpersonal Process Effectiveness in Computer Related Venture Teams

Description: In order to remain competitive, firms must be able to merge diverse, differentiated people into teams. In comparison to solo ventures, venture teams not only offer a broader base of physical and financial resources and varying points of view, but also positively influence the profitability, growth, and survivability potential of new ventures. Despite the growing importance and potential benefits offered by venture teams, relatively little is known about assembling and maintaining effective venture teams in the field of entrepreneurship. More specifically, information is needed to understand what composition and combination of demographic characteristics of team members would contribute to the effectiveness and success of a venture team. In this study the relationship between venture team demographic characteristics and team effectiveness (which is defined in terms of the interpersonal process of venture team members in their group activities) is investigated. The demographic characteristics examined include average age, age heterogeneity, average level of education, educational background heterogeneity, gender heterogeneity, and functional background heterogeneity. A field study, involving face-to-face and telephone interviews with the venture teams is used to gather data from40 computer related venture teams in a large midwest U.S. city. The venture teams are identified through the local Chambers of Commerce, peer referrals, and library research. Information is gathered on demographics and team interpersonal process effectiveness using a pre-validated instrument. Data are analyzed using regression analysis. The results indicate that average age negatively and significantly relates with team interpersonal process effectiveness. Furthermore, average level of education positively and significantly relates with team interpersonal process effectiveness. The other demographic variables, age heterogeneity, educational background heterogeneity, gender heterogeneity, and functional background heterogeneity do not produce significant relationships.
Date: August 1996
Creator: Ochani, Manju
Partner: UNT Libraries

[News Clip: Dallas 100]

Description: Video footage from the KXAS-TV television station in Fort Worth, Texas, covering a news story.
Date: November 20, 1991, 10:00 p.m.
Creator: KXAS-TV (Television station : Fort Worth, Tex.)
Partner: UNT Libraries Special Collections

The Advancement of the Negro within Business and Professional Enterprise in Texas Since 1900

Description: "This research study shall be the advancement of the Negro within business and professional enterprises in Texas since 1900. The objective is to discover if and where the colored people have made progress. If progress has been made, it must be due to some prevailing influence, and if no progress has been made, there has evidently been some hindering cause. This research shall try to discover these factors and record the results as they affected the progress of these people. It is the intention of this writer to race the educational, economic, and social advancement of these people and to show in what fields of endeavor they have advanced and in which fields they have failed. This advancement shall be traced from the year 1900 to the year 1950, showing the progress in ten year intervals."-- leaf 1.
Date: August 1951
Creator: Knowles, Pattie R. Covington
Partner: UNT Libraries