Strategic Entrepreneurial Growth

by Kuratko, Donald F.; Welch, P.

• ISBN13: 9780030319365
• ISBN10: 0030319366
• Edition: 1st
• Format: Hardcover
• Copyright: 2001-03-02
• Publisher: South-Western College Pub

Summary

This graduate-level book transforms the strategic process for entrepreneurs into a growth-oriented approach. The book is organized to flow in the following manner: understanding the entrepreneurial perspective; and the challenge of entrepreneurial growth; gaining an appreciation for strategic planning in emerging ventures; examining the growth options for emerging ventures; and finally a discussion of the emerging entrepreneurial issues confronting the economy today. Over 30 comprehensive cases will be available on the world wide web for professors and students using this text. Thus the twelve chapters (see outline) are presented as a framework to follow and relate back to as the cases are discussed. The writing style and format of each chapter is relatively shorter and more professional in nature. Professors can pick and choose the cases most appropriate and assign them to students from the web.

Table of Contents

PART ONE Understanding the Entrepreneurial Challenge	1	(108)
Entrepreneurial Leadership for the New Millennium	3	(37)
Strategic Leadership for Emerging Ventures	4	(1)
The Revolutionary Impact of Entrepreneurial Firms	4	(1)
Entrepreneurial Growth in the Economy	4	(2)
The Age of the Gazelles	6	(2)
Effective Strategic Leadership in the New Millennium	8	(2)
Exploring the Entrepreneurial Concepts	10	(1)
The Entrepreneurial Library: Reading for Chapter 1	10	(19)
Entrepreneurial Leadership: Oxymoron or New Paradigm?	10	(19)
Comprehensive Case Study	29	(11)
Splatterball Adventure Games, Inc.	29	(11)
The Internet Revolution	40	(31)
The Internet Explosion	41	(1)
The E-Commerce Challenge	41	(1)
E-Names: The Web Address	42	(1)
Developing a Web Site	43	(3)
Emerging E-Commerce Strategies	46	(1)
Myths of the Internet	47	(1)
Web Site Assistance for Small Firms	48	(1)
Exploring the Entrepreneurial Concepts	49	(1)
The Entrepreneurial Library: Reading for Chapter 2	49	(12)
E-Commerce: Small Businesses Venture Online	49	(12)
Comprehensive Case Study	61	(10)
Fasten Your Seat Belts: Turbulence Abead for Travel Agencies	61	(10)
Managing Entrepreneurial Growth	71	(38)
Understanding the Entrepreneurial Organization	72	(1)
The Entrepreneurial Manager	72	(1)
Building the Adaptive Firm	72	(2)
Transition from an Entrepreneurial Style to a Managerial Approach	74	(1)
Balancing Entrepreneurial and Managerial Styles	74	(1)
Managing Paradox and Contradiction	75	(4)
Growth and Decision Making	79	(1)
Exploring the Entrepreneurial Concepts	80	(1)
The Entrepreneurial Library: Reading for Chapter 3	81	(9)
Building an Adaptive Firm	81	(9)
Comprehensive Case Study	90	(19)
Wal-Mart Stores, Inc.: Strategies for Continued Market Dominance	90	(19)
PART TWO Strategic Issues for Emerging Ventures	109	(234)
Understanding the Strategic Process	111	(40)
The Nature of Planning in Emerging Firms	112	(1)
Strategic Planning	112	(1)
Key Dimensions Influencing Strategic Planning Activities	113	(2)
The Lack of Strategic Planning	115	(1)
The Value of Strategic Planning	116	(1)
Fatal Vision in Strategic Planning	117	(1)
Strategic Positioning: The Entrepreneurial Edge	118	(1)
Exploring the Entrepreneurial Concepts	118	(1)
The Entrepreneurial Library: Reading for Chapter 4	119	(21)
Achieving and Maintaining Strategic Competitiveness in the 21st Century: The Role of Strategic Leadership	119	(21)
Comprehensive Case Study	140	(11)
American Family Housing, Inc.	140	(11)
Opportunity Recognition: Developing Distinctive Competencies	151	(43)
Sources of Business Ideas	152	(1)
The Role of Creativity	152	(1)
The Nature of the Creative Process	153	(3)
Product/Market Matrix	156	(8)
New Product Development Process	164	(3)
Conclusion	167	(1)
Exploring the Entrepreneurial Concepts	168	(1)
The Entrepreneurial Library: Reading for Chapter 5	169	(19)
The Cognitive Infrastructure of Opportunity Emergence	169	(19)
Comprehensive Case Study	188	(6)
Sandwich Galaxy	188	(6)
Assessment of Entrepreneurial Ventures	194	(45)
New-Venture Assessment: Critical Factors	195	(4)
The Environment for New Ventures	199	(1)
Key Steps for Industry Analysis	200	(2)
The Evaluation Process	202	(5)
Exploring the Entrepreneurial Concepts	207	(1)
The Entrepreneurial Library: Reading for Chapter 6	207	(18)
Perceived Risks and Choices in Entrepreneurs' New Venture Decisions	207	(18)
Comprehensive Case Study	225	(14)
``Should I Buy the `Jerry's Famous Frozen Desserts' Chain?''	225	(14)
Business Plans for Entrepreneurial Ventures	239	(63)
Defining a Business Plan	240	(2)
Benefits of a Business Plan	242	(1)
Developing a Well-Conceived Business Plan	243	(2)
Guidelines to Remember	245	(3)
Exploring the Entrepreneurial Concepts	248	(1)
The Entrepreneurial Library: Reading for Chapter 7	248	(10)
How to Write a Great Business Plan	248	(10)
Comprehensive Case Study	258	(44)
Grounded: Business Solutions for Today's Traveler	258	(44)
Family Business Succession Strategies	302	(41)
Family-Owned Businesses	303	(2)
Advantages and Disadvantages of a Family Business	305	(4)
Problems in Family Businesses	309	(3)
The Succession Issue	312	(4)
Prescriptions	316	(2)
Conclusion	318	(1)
Exploring the Entrepreneurial Concepts	319	(1)
The Entrepreneurial Library: Reading for Chapter 8	319	(15)
Important Attributes of Successors in Family Businesses: An Exploratory Study	319	(15)
Comprehensive Case Study	334	(9)
Stew Leonard's Dairy	334	(9)
PART THREE Growth Options for Strategic Impact	343	(135)
Corporate Entrepreneurship: Developing Internal Innovation	345	(48)
Entrepreneurial Thinking	346	(2)
Defining the Concept	348	(1)
Elements of a Corporate Intrapreneuring Strategy	348	(7)
A Continuum of Intrapreneurial Activity	355	(1)
Models of Corporate Entrepreneurship (Intrapreneurship)	356	(3)
Exploring the Entrepreneurial Concepts	359	(1)
The Entrepreneurial Library: Reading for Chapter 9	360	(19)
The Antecedents and Consequences of Firm-Level Entrepreneurship: The State of the Field	360	(19)
Comprehensive Case Study	379	(14)
Independence Day: EDS Split-Off from General Motors	379	(14)
Embracing Rapid Expansion: The Franchise Option	393	(42)
The Franchising Choice	394	(1)
How Franchising Works	395	(1)
The Growth of Franchising	396	(2)
Advantages of Franchising	398	(3)
Trends in Franchising	401	(1)
Franchising Your Business	402	(1)
The Uniform Franchise Offering Circular	403	(1)
Exploring the Entrepreneurial Concepts	404	(1)
The Entrepreneurial Library: Reading for Chapter 10	404	(18)
Franchising and the Choice of Self-Employment	404	(18)
Comprehensive Case Study	422	(13)
Rocky Mountain Chocolate Factory, Inc. (RMCF)	422	(13)
The Challenges of Global Expansion	435	(43)
Venturing Abroad	436	(1)
Why Internationalize?	436	(2)
Researching the Foreign Market	438	(1)
International Product Adaptation	439	(2)
The Global Manager/Entrepreneur	441	(1)
International Threats and Risks	442	(3)
Key Questions and Resources	445	(2)
Exploring the Entrepreneurial Concepts	447	(1)
The Entrepreneurial Library: Reading for Chapter 11	447	(13)
Internationalization of Small Firms: An Examination of Export Competitive Patterns, Firm Size, and Export Performance	447	(13)
Comprehensive Case Study	460	(18)
Krastyazhmash	460	(18)
Index	478