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This book explores the timely issue of how small businesses, micro firms and entrepreneurs respond to crises. A largely overlooked area of research, the author posits that by better understanding crisis management in small and micro firms, we can help to protect these businesses from the potentially devastating effects of a crisis. Offering guidance for scholars and practitioners, including small business owners, to better understand the concept, limitations and considerations of crisis management - specifically in the small business context - the author demonstrates that there is no single solution for a small business to cope with a crisis. Drawing from the thematic findings, the author offers valuable recommendations on how small business owners can strategically plan for the future and better manage their capability when faced with a crisis. Sukanlaya Sawang is a research Professor of Innovation and Entrepreneurship at Coventry University, UK, and has been appointed as the Associate Dean at the Faculty of Business and Law. Prior to joining Coventry University, Professor Sawang was a Reader and the Director of Research Internationalisation at the University of Leicester, and the Director of Research at the International Centre for Transformational Entrepreneurship, Coventry University. She is also an adjunct Professor at the QUT Business School at Queensland University of Technology, Australia and Chulalongkorn University, Thailand. Sukanlaya received a number of research awards and actively engages with the research community for example, she is Editor-in-Chief for Behavioral Sciences, as well as Associate Editor for Frontiers in Psychology and BMC Psychology. In addition, she supervises and serves on PhD panels and examinations and leads Special Interest Groups at international conferences.

Organization theory --- Business management --- ondernemingsstrategieën --- bedrijven --- ondernemen --- Crisis management. --- Entrepreneurship. --- New business enterprises.

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In Traction, serial entrepreneurs Gabriel Weinberg and Justin Mares give startups the tools for generating explosive customer growth'Anyone trying to break through to new customers can use this smart, ambitious book'Eric Ries, author of The Lean StartupMost startups don't fail because they can't build a product. Most startups fail because they can't get traction.Building a successful company is hard. Smart entrepreneurs know that the key to success isn't the originality of your offering, the brilliance of your team, or how much money you raise. It's how consistently you can grow and acquire new customers. Traction will teach you the nineteen channels you can use to build a customer base, and offers a three-step framework to figure out which ones will work best for your business. No matter how you apply them, the lessons and examples in Traction will help you create and sustain the growth your business desperately needs. 'Here is the inside scoop, the latest, most specific tactics from the red-hot centre of the Internet marketing universe. From someone who has done it. Twice'Seth Godin, author of LinchpinBron : http://www.bookdepository.com

Marketing --- New business enterprises. --- Success in business. --- Management. --- Startende ondernemingen --- Startup --- Bedrijfsstrategieën --- Strategisch management --- Sociale media --- Business policy --- bedrijfsbeleid --- Startende onderneming --- Bedrijfsstrategie --- Kostenbeheersing --- New business enterprises --- Success in business --- Management

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The lifecycle of businesses is complicated. Right from birth, businesses experience not just opportunities but also many hurdles. The primary obstacle for all businesses is access to capital; drawing from a variety of fields and research perspectives, this book presents four scientific studies that explore the implications of financial constraints at different stages of the firm’s life cycle. The first study focuses on the financial challenges to the nascent entrepreneur – someone who is planning to, or has just started their business. Do all innovative ideas get financed? No, primarily because their innovativeness cannot be proven. Through a study of 900 nascent entrepreneurs, this chapter demonstrates how the appropriability and feasibility of an innovation can be proven by using patents and prototypes in a signaling fashion. The second study asks: Do all who patent, do it for money? Who patents apart from nascent entrepreneurs? Outside of the purely commercial arena, using a database of 2500 scientists, this study argues that scientists are driven to patent to gain prestige and reputation, as well as for purely financial motivations, and considers the implications for the strategic function in financial matters that patents play for the firm. The next chapter looks at the firm life cycle in the second stage. After start-up, they reach the stage of becoming a Small and Medium Enterprise (SME), perhaps employing up to 250 employees. This is the stage when other factors, such a location, become important for SME growth. The same holds true for finance too. Working capital requirements increase, increasing the need for SMEs to gain more finance from outside their firms. Where would they go to? Does geographical dispersion of lending institutions have an effect on financial management of the firms? This study demonstrates that very-local lending institutions, especially credit unions, increase the likelihood that firms will diversify their capital structure. Be it credit rationing or monitoring costs being pushed to the customers, large lending institutions keep away SMEs. During times of crisis, the trend may become stronger, in that local communities play crucial role in SME financing and banks may turn more hostile. The concluding chapter considers the implications of start-up financing for economic growth and development. Innovation, regional finance and signaling aspects might all work in an economic conditions where there are efficient institutions, including judiciary. Developing economies, however, often lack efficient institutions, and thus innovation might face greater barriers on this angle when coupled with financial constraints. This study, for the first time ever, shows that innovativeness of firms in developing economies, in affected by corruption, usually in the form of bribes. The interesting aspect is that the effect is not always detrimental. Studying 2500 African firms, the author argues that corruption negatively affects product and organizational innovation while it encourages the use of marketing innovation. To sum up, this book shows that the present crisis may provide innovators an opportunity to present the true value of their innovation to pursue their dreams of starting a firm. Local communities do matter and must not be forgotten as they provide cushion for most of our SMEs. Developing countries must make their institutions efficient to follow the development pattern fuelled by innovation.

Finance --- Economic policy and planning (general) --- Business management --- financieel management --- ondernemingsstrategieën --- economische politiek --- sociale interventies --- ondernemen --- Business planning --- Entrepreneurship --- New business enterprises --- Economic aspects

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Innovation Mechanisms in Start-ups: Practice, Strategies and Impacts serves as a practical resource for startups looking for innovating their business models in domestic and global markets. This book's main objective is to describe the innovative business practices adopted by startups during the pandemic, with a special emphasis on value proposition innovation and business model innovation more generally. In order to promote open innovation, this book emphasizes the value of strategic alliances with academic libraries, peer startups, and freelancers. Additionally, using actual startup case studies, it was shown how important technological innovation is for gathering feedback, prototyping, and conducting both secondary as well as primary market research. Startups can utilize the technology evaluation and adoption frameworks as a useful reference when choosing a technology to embrace strategically. The need of regularly experimenting with new approaches, learning from mistakes, and enhancing current processes is also emphasized in this book. The ability to dispel falsehoods, capitalize on technological advancements, and form strategic alliances will be essential for innovation even in times of pandemic. This book links theoretical insights with practical experiences of startups amid the pandemic. With a perfect balance of empirical research and assessment study types, this book is a source of quick knowledge for entrepreneurs, academics and researchers on how to enhance a company's innovative capacities and success rates. The BMI-Pandemic 2.15 model, which is an expanded version of the Odyssey 3.14 model, is presented in this book which highlight 15 guidelines to follow in order to innovate business models in pandemics. This book is suitable for Entrepreneurs, Academicians, Researcher and Technologists.

Capital --- Economic production --- Engineering sciences. Technology --- Business policy --- Organization theory --- innovatiemanagement --- risicokapitaal --- bedrijven --- industrie --- technologie --- technologische innovatie --- innovaties --- New business enterprises --- Small business --- Finance. --- Technological innovations.

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Business economics --- Economics --- Economic development --- Small business --- New business enterprises --- Entrepreneurship --- Développement économique --- Petites et moyennes entreprises --- Nouvelles entreprises --- Entrepreneuriat --- Periodicals --- Périodiques --- Business, Economy and Management --- Business Management --- General and Others --- Organizational change and Development --- Strategic Management & Business Policy --- ondernemen