Entrepreneurship education continues to grow and develop worldwide. This article seeks to expand knowledge and understanding of educational practice in entrepreneurship by focusing on serious games, specifically computer simulations which model entrepreneurship. This paper begins by reviewing the entrepreneurship education literature to consider the role of simulations, explores the nature of serious games, and assesses the role of such games in simulating entrepreneurial learning. This research uses systematic literature review techniques to collect data on serious games, analyzes these games and provides five detailed case studies on the games. The paper concludes with a discussion of what serious games currently simulate in entrepreneurial learning, and directions for future research.
This study investigates the impact of corporate venture capital (CVC) funding on new firms’ subsequent intellectual property (IP) outcomes (i.e., patents, copyrights, and trademarks). The central premise is that CVC funding will encourage the development of technology-centric IP outcomes while dissuading the development of market-centric IP outcomes. Specifically, CVC investments entail a trade-off, which will increase post-funding patent/copyright output while decreasing post-funding trademark output in new firms. Findings from an analysis of a multi-industry sample of U.S. new firms provide broad support for this study thesis and suggest that the impact of CVC funding is contingent on entrepreneurs’ industry-specific experience.
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Research Summary
Women entrepreneurs in emerging economies face significant constraints in operating their businesses. Leveraging two samples of new ventures in Nigeria and Ghana, we explore gender differences in the relational orientation of entrepreneurs in their market interactions with customers. We observe that female entrepreneurs are more likely than their male counterparts to apply a relational approach in the receipt of payments for goods and services and in the structure of purchase contracts. These stylized findings are considered against the backdrop of existing literature and offer insight into the ways women entrepreneurs approach transactions with customers, especially in the context of emerging market ventures in Sub‐Saharan Africa.
Managerial Summary
Women entrepreneurs in emerging economies are confronted by significant resource challenges. But women entrepreneurs could also have an advantage in customer relationships. Our study uncovers two types of relational mechanisms that women entrepreneurs in emerging economies utilize in their engagement with customers. First, we find that female entrepreneurs are more likely than their male counterparts to utilize relational payments, in the form of prepayments or post payments from their customers. Second, female entrepreneurs are more likely to utilize relational contracts, in the form of unwitnessed oral purchase contracts with customers. Our study highlights the virtue of incorporating relational mechanisms in policies and practices aimed at fostering female entrepreneurship in emerging economies.
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