From Successful SMEs to Entrepreneurial Society and the Importance of the Entrepreneurial Mindset

Chapter
Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Abstract

The entrepreneurial activity has been recognized as a major source of jobs and economic development. Most people who start and grow their own businesses around the world are opportunity motivated. Others are motivated by the necessity to earn their living, when leaders of downsizing corporations replace them with technology and lay them off, in their attempt to increase efficiency. On the other hand, the entrepreneurial competence is crucial for corporate competitive advantage. Intrapreneurship is a key factor of innovation. The entrepreneurial society represents the hope of moving economy from stagnation to prosperity. This chapter aims to explain what such a society is, why it is so important to mankind, and how it can be created.

Keywords

Entrepreneurship Entrepreneurial society Entrepreneurial mindset Entrepreneurial competencies Intrapreneurship 

References

Journal Articles

  1. Ackerman M, Kern BR (2013) Why do corporate entrepreneurship efforts fail so often? Evaluating decisive factors. Proceedings of the multidisciplinary academic conference, 1–13Google Scholar
  2. Bierwerth M, Schwens C, Isidor R, Kabst R (2015) Corporate entrepreneurship and performance: a meta-analysis. Small Bus Econ 45(2):255–278CrossRefGoogle Scholar
  3. McFadzean E, O’Loughlin A, Shaw E (2005) Corporate entrepreneurship and innovation Part 1: The missing link. Eur J Innov Manag 8(3):350–372CrossRefGoogle Scholar
  4. Paige RC, Littrell MA (2002) Craft retailers’ criteria for success and associated business strategies. J Small Bus Manag 40(4):314–331CrossRefGoogle Scholar
  5. Perrez EH, Canino RB (2009) The importance of the entrepreneur’s perception of success. Rev Int Compar Manag 10(5):990–1003Google Scholar
  6. Rogoff EG, Lee MS, Suh DC (2004) Who done it? Attributions by entrepreneurs and experts of the factors that cause and impede small business success. J Small Bus Manag 42(4):364–376CrossRefGoogle Scholar
  7. Ruth D (2006) Frameworks of managerial competence: limits, problems and suggestions. J Eur Ind Train 30(3):206–226CrossRefGoogle Scholar

Books and Book Chapters

  1. Drucker P (1985) Innovation and entrepreneurship. Harper & Row, New York, NYGoogle Scholar

On-Line Documents

  1. Capaldo G, Iandoli L, Ponsiglione C (2004) Entrepreneurial competencies and training needs of small firms. Paper presented at 14th Annual International Entrepreneurship Conference, University of Napoli. http://citeseerx.ist.psu.edu/viewdoc/download;jsessionid=3D2BF302678BA50E FB34792F25E4C125?doi=10.1.1.114.8461&rep=rep1&type=pdf. Accessed 20 May 2017
  2. Deeb G (2015) Big Companies that embrace intrapreneurship will thrive. Entrepreneur. https://www.entrepreneur.com/article/243884. Accessed 28 May 2017
  3. Denning S (2016) In search of the entrepreneurial society. Forbes. http://www.forbes.com/sites/stevedenning/2016/11/23/the-drucker-forum-searches-for-the-entrepreneurial-society/#4f05c8dc 79c9. Accessed 28 May 2017
  4. Garvin D, Levesque L (2006) Meeting the challenge of corporate entrepreneurship. Harvard Business Review. https://cb.hbsp.harvard.edu/cbmp/content/sample/R0610G-PDF-ENG. Accessed 21 May 2017
  5. Gelderen M, Jansen P, Jonges S (2003) The multiple sources of autonomy as a start-up motive. SCALES-paper N200315. http://ondernemerschap.panteia.nl/pdf-ez/n200315.pdf. Accessed 28 May 2017
  6. Global Entrepreneurship Monitor. http://www.gemconsortium.org/. Accessed 28 May 2017Google Scholar
  7. Golz J (2011) Top 10 reasons small businesses fail. The New York Times. https://boss.blogs.nytimes.com/2011/01/05/top-10-reasons-small-businesses-fail/?_r=0. Accessed 28 May 2017
  8. Kane N (2016) The entrepreneurial mindset, entrepreneurship and innovation. Michigan State University. https://entrepreneurship.msu.edu/the-entrepreneurial-mindset/. Accessed 24 May 2017
  9. Rizea A (2016) Întreprinderile mici și mijlocii, prezent și viitor, Barometrul antreprenorial românesc. http://www.ceccarbusinessmagazine.ro/barometrul-antreprenoriatului-romanesc-editia-2016-a340/. Accessed 28 May 2017
  10. Stevenson H, Jarrillo C (1990) A paradigm of entrepreneurship: entrepreneurial management. Strat Manag J 11(Special Issue). Corporate Entrepreneurship. www.immagic.com/eLibrary/ARCHIVES/GENERAL/JOURNALS/unreadable_Journal%20Strategic%20Management%202486667.pdf. Accessed 28 May 2017
  11. Straub B (2016) The promise of a truly entrepreneurial society. Harvard Business Review. https://cb.hbsp.harvard.edu/cbmp/content/sample/H02RA5-PDF-ENG. Accessed 21 May 2016
  12. Turner LM (2015) 12 signs you have an entrepreneurial mindset. Entrepreneur. https://www.entrepreneur.com/article/243054. Accessed 28 May 2017
  13. U.S. Small Business Administration (2016) Summary of size standards by industry sector. https://www.sba.gov/contracting/getting-started-contractor/make-sure-you-meet-sba-size-standards/summary-size-standards-industry-sector. Accessed 24 May 2017

Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Lavinia Rasca
    • 1
  • Alecxandrina Deaconu
    • 2
  • Sheb True
    • 3
  1. 1.The Institute for Business Administration in BucharestBucharestRomania
  2. 2.The Bucharest University of Economic StudiesBucharestRomania
  3. 3.Kennesaw State UniversityAtlantaUSA

Personalised recommendations