Encyclopedia of New Venture Management

Research on entrepreneurship in professional services is rather limited. The authors argue that one reason why the two fields of professional services and entrepreneurship have operated in isolation rather than in mutual interaction is an inherent contradiction between the very ideas of entrepreneurship and professionalism. The perspective on entrepreneurship for this chapter is rather broad, focusing on new venture management and renewal in Professional Service Firms as well as embracing aspects such as learning, innovation, and institutional change. The chapter reviews previous work on entrepreneurship in professional services from three levels of analysis—the entrepreneurial team, the entrepreneurial firm, and finally the organizational field within which the creation and exploitation of entrepreneurial opportunities take place.

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Encyclopedia of new venture management

Choice Reviews Online ◽

10.5860/choice.50-2436 ◽

2013 ◽

Vol 50 (05) ◽

pp. 50-2436-50-2436

Keyword(s):

New Venture ◽

Venture Management

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New Venture Management

10.4324/9781315458021 ◽

2017 ◽

Cited By ~ 2

Author(s):

Donald F. Kuratko ◽

Jeffrey S. Hornsby

Keyword(s):

New Venture ◽

Venture Management

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New venture management valuation: Assessing complementary capacities by human capital theory

Venture Capital ◽

10.1080/13691060010024728 ◽

2001 ◽

Vol 3 (4) ◽

pp. 277-290 ◽

Cited By ~ 3

Author(s):

Truls Erikson ◽

Lars Nerdrum

Keyword(s):

Human Capital ◽

Human Capital Theory ◽

New Venture ◽

Capital Theory ◽

Venture Management

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Drivers420.com: Organizing drivers recruitment for transporters

Emerald Emerging Markets Case Studies ◽

10.1108/eemcs-03-2017-0036 ◽

2017 ◽

Vol 7 (4) ◽

pp. 1-23

Author(s):

Amarpreet Singh Ghura

Keyword(s):

Business Model ◽

Swot Analysis ◽

New Venture ◽

Primary Data ◽

Multiple Perspectives ◽

Content Type ◽

Business Model Canvas ◽

Venture Management ◽

Pros And Cons ◽

Starting A Business

Subject area Entrepreneurship, new venture management, new venture planning. Study level/applicability The case involves various issues within entrepreneurship and the new venture management field such as business model, SWOT analysis, Pros and Cons analysis and challenges faced during the idea commercialization phase. Thus, this case can be used for covering multiple perspectives related to entrepreneurship and new venture planning. This case is useful for discussion in a session on opportunity recognition at ideation stage. This case is also ideal to teach the “Business Model Canvas”, which is fast gaining centre-stage for modern enterprises. The case also covers issues within strategic management such as what actually constitutes a strategy. Case overview The case is based on a field study and primary data collected by interviewing the co-founder of the portal www.drivers420.com. This case describes a situation in which Malkit Singh Bal (Bal) Partner of Bal Road lines shares with Mr Amarpreet Singh (Singh), who was about to be hired as a consultant for Bal Roadlines, information regarding the rise in fraud and crime carried out by fleet drivers and asks him to help him find a solution to the problem. Expected learning outcomes Prepare a “Business Model Canvas” for the successful operation of business by identifying intended customer segment, value proposition, cost structures and revenue streams. Conduct “Pros and Cons” analysis for starting a business. Conduct “SWOT” analysis for starting a business. Understand what actually constitutes a strategy and understand the five elements constituting strategy. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 3: Entrepreneurship.

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