Habitual Entrepreneurship: Situational Factors at Different Start-Ups
-- Jari Huovinen and Hannu Littunen
This study clarifies the situational factors in first-time and habitual entrepreneurship. The novelty
of this study lies in the contingency approach which is unique in the field of habitual
entrepreneurship research. The study was conducted in the region of Northern Savo in Eastern Finland. In total,
205 entrepreneurs had participated in the research. The primary analysis methods used are,
logistic regression and multinomial logistic regression analysis. The results reveal several differences
between serial, portfolio and first-time entrepreneurs in the areas of achievement motivation, growth
intention, and situational factors behind firm start-ups. The portfolio entrepreneurs were more
growth-oriented, whereas the serial entrepreneurs primarily aimed at taking advantage of the accumulated
knowledge and experience.
© 2009 IUP. All Rights Reserved.
Entrepreneurship and Development of Small-Scale Industries in Iran: Strategic Management Tools and Business Performance Assessment
-- Manjappa D Hosamane and Younos Vakil Alroaia
This paper examines the relationship between the development of Iranian
Small-Scale Industries (SSIs) and entrepreneurial performance in terms of strategic management
tools. SSIs have been recognized by the government as having a vital role to play in the development of
an economy. SSIs could now offer highly valued expertise, goods and services, whereas larger firms
were still forced to downsize due to stiff competition. However, there are five decision areas in
a manufacturing plantQuality of products, Industrial cost, Logistic support, ISO, and
Management Effectiveness (QCLIM). Each factor has key decisions with various alternatives. Findings indicate
that the influence of entrepreneurial performance on development of SSIs was noticeable and reflected
the high quality of products, lower cost, skills management, production planning and material control
in the development of Iranian SSIs. SSIs have to adopt strategic management tools to capture export
market and to increase efficiency for the domestic customers.
© 2009 IUP. All Rights Reserved.
Sustainable Entrepreneurship in Small-Scale Business: Application, Concepts and Cases
-- Viju Mathew
Sustainable entrepreneurship can be explained with reference to the enhancement and
commitment towards the business integrating ethical issues, community commitment, social responsibility and
other issues like economic development. Sustainable business in respect to the product and the services
offered by the company, considers quality, regular improvement and innovation aspects. Being the
stakeholder of the company, the concept refers to the sustainable development of business families,
local communities, the society and the world at large. Small-Scale Business (SSB) units having complex
and regular issues related to the stakeholders, need to have sustainable entrepreneurship with respect
to business and enterprises. The case studies of the enterprises doing their business in Sultanate of
Oman will reflect and give the idea of the application of sustainability and relating it with the business
will create positive effect with the stakeholders developing entrepreneurial characteristics. The case
study of ASB Company highlights the application of sustainability with entrepreneurial characteristic at
the operational level to develop and achieve business strategy. SSB selected a simple, pragmatic
and effective way that is tailored to their needs with the application. The case study offers some
convincing examples.
© 2009 IUP. All Rights Reserved.
Case Study
India's SubhikshaAping Wal-Mart's EDLP Strategy?
-- Sheeja S
Indian grocery retailer Subhiksha's target was
to open 1,200 stores by March 2008.
Subhiksha has not placed itself against conventional Indian players like Nilgiris or Food
World, Spencer's Daily and Big Bazaar in retail marketing, who have set up
air-conditioned outlets in India. Subhiksha aims to make its powerful pricing strategy,
its Unique Selling Proposition (USP) against the neighborhood grocery shops with which
it competes for market space. Going by the worldwide trend, Subhiksha has been trying to
avail the benefit of organized retailing by competence and economy of scale, which in turn
brings down the cost to the consumer. Subhiksha believes that low margins and high turnover
is better than high margins and low turnover. Subhiksha operates on thin inventories
and information technology. It adopts the strategy of top retailers like Wal-Mart, of offering
low unit prices to customers and the consequent high turnover which, it believes are the ways
to succeed in a very competitive environment. What challenges will Subhiksha's strategy
face and will the discount model suit the Indian
Retail market?
© 2008 IBS Case Development Center. All Rights Reserved. |