The upgrading of workforce skills is key to the competitiveness of SMEs. In today’s business environment there is a premium on innovation that enables firms to develop new products and services, new production processes and new business models. This requires both in-house innovation and the ability to absorb knowledge from other firms and organisations, both of which call for a skilled labour force. Skills are also a critical but understated resource for entrepreneurship seen in the sense of business creation. Similarly to workforce skills, entrepreneurship skills will boost the competitiveness of local businesses thanks to the improved strategic and management competences of the entrepreneur.
A country with many successful entrepreneurs is
considered as most successful country in terms
of economy.
Because the entrepreneurs play a vital role in the
economic development of a country such as
generate employment, increase production,
increase innovation, and so on.
But do we understand the meaning of
entrepreneurship. In this session we will learn
about the theory and concepts of
entrepreneurship
This is a review and compilation of management concepts and ideas especially applicable to entrepreneurial ventures. www.profjorgeentrep-ateneo.blogspot.com
A country with many successful entrepreneurs is
considered as most successful country in terms
of economy.
Because the entrepreneurs play a vital role in the
economic development of a country such as
generate employment, increase production,
increase innovation, and so on.
But do we understand the meaning of
entrepreneurship. In this session we will learn
about the theory and concepts of
entrepreneurship
This is a review and compilation of management concepts and ideas especially applicable to entrepreneurial ventures. www.profjorgeentrep-ateneo.blogspot.com
To create awareness, it is important to provide training for researchers in order to teach them some entrepreneurial skills. A first training program is the IED (Innovation, Entrepreneurship & Design) course of Imperial College Business School which has the aim to guide researchers to assess the commercial feasibility of an innovation. IED embarks on a live entrepreneurial journey which provides insights into the challenges of introducing novel products and services to the market; it entails a ‘teaching part’ and a ‘live project’. A second training program is the iBootcamp of IBBT which is an entrepreneurial bootcamp that guides entrepreneurs in writing their business plan.
www.FITT-for-Innovation.eu
This topic is related to Business, which is Entrepreneurship development. It can refer by any technical & Management students. It is useful for B.Tech and MBA students under BPUT Syllabus 2014
Budgeting is a process of expressing quantified resource requirements (amount of capital, amount of material, number of people) into time-phased goals and milestones.
Check out more @ www.eleaderstochange.com
Follow: #eleaders2change
Dr Richard Maponya Institute for Skills and Entrepreneurship Development - NPCSam Tsima
The Institute is inspired by the Brazilian National Service for Industrial Apprenticeship, SENAI Institute, whose mission is “To promote vocational and technological education, the innovation and transfer of industrial technologies, contributing to increase the competitiveness of Brazilian industry.”
Dr Maponya was introduced to SENAI Institute during his business visit to Brazil, as a member of the delegation of the South African President, Hon. Jacob Zuma. He remained behind in Brazil, and was introduced to the SENAI Model.
This trip to Brazil and the discussions he held with the Brazilians gave birth to the idea of establishing the Dr Richard Maponya Institute for Skills and Entrepreneurship Development.
To create awareness, it is important to provide training for researchers in order to teach them some entrepreneurial skills. A first training program is the IED (Innovation, Entrepreneurship & Design) course of Imperial College Business School which has the aim to guide researchers to assess the commercial feasibility of an innovation. IED embarks on a live entrepreneurial journey which provides insights into the challenges of introducing novel products and services to the market; it entails a ‘teaching part’ and a ‘live project’. A second training program is the iBootcamp of IBBT which is an entrepreneurial bootcamp that guides entrepreneurs in writing their business plan.
www.FITT-for-Innovation.eu
This topic is related to Business, which is Entrepreneurship development. It can refer by any technical & Management students. It is useful for B.Tech and MBA students under BPUT Syllabus 2014
Budgeting is a process of expressing quantified resource requirements (amount of capital, amount of material, number of people) into time-phased goals and milestones.
Check out more @ www.eleaderstochange.com
Follow: #eleaders2change
Dr Richard Maponya Institute for Skills and Entrepreneurship Development - NPCSam Tsima
The Institute is inspired by the Brazilian National Service for Industrial Apprenticeship, SENAI Institute, whose mission is “To promote vocational and technological education, the innovation and transfer of industrial technologies, contributing to increase the competitiveness of Brazilian industry.”
Dr Maponya was introduced to SENAI Institute during his business visit to Brazil, as a member of the delegation of the South African President, Hon. Jacob Zuma. He remained behind in Brazil, and was introduced to the SENAI Model.
This trip to Brazil and the discussions he held with the Brazilians gave birth to the idea of establishing the Dr Richard Maponya Institute for Skills and Entrepreneurship Development.
The Innovation Management eCourse: Advancing the 21st Century Entrepreneurshi...Niki Lambropoulos PhD
The Innovation Management eCourse: Advancing the 21st Century Entrepreneurship Skills in Europe
Sophi Danis, Niki Lambropoulos, Intelligenesis, United Kingdom
EDEN Never waste a crisis Athens 28th of October 2011
This is a strategic leveraging slide presented under the DBA course of Strategic Issues and Management. It discusses the means by which the company can develop or improve its strategic position thru the human resources and the value chain.
Scott mc cormick float mobile learning_winningoverstakeholders_mlearncon2012Scott McCormick
A presentation given in a concurrent session at mLearnCon In San Jose on June 20, 2012 by Scott McCormick, Co-founder of Float Mobile Learning. The focus is on how to work with enterprise stakeholders to implement mobile learning.
Presentation covers Nature of Innovation , Technological and Network Innovations , Design of Successful Innovative Organisation, Training and Management of Innovation ,Agents of Innovation
Servizio Civile Universale - Serena SUSIGANOECD CFE
Presentazione di Serena Susigan, Direttrice, ENDO-FAP, Servizio Civile Universale Don Orione, Liguria, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
Servizio Civile Universale - Federica DE LUCAOECD CFE
Presentazione di Federica De Luca, Ricercatrice all’Istituto Nazionale per l’Analisi delle Politiche Pubbliche (INAPP), Referente di progetto “Monitoraggio e Valutazione del Servizio Civile Universale”, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
Servizio Civile Universale - Cristina PASCHETTAOECD CFE
Presentazione di Cristina Paschetta, Responsabile Progettazione, gestione bandi e volontari, accreditamento nuove sedi, Consorzio Monviso solidale, Piemonte, all'evento OCSE "Scegliere il Servizio Civile Universale: un dialogo sulle opportunità di impiego dei giovani in Italia", tenutosi a Trento il 6 febbraio 2024.
Maggiori informazioni: https://www.oecd.org/cfe/leed/oecd-ucs-6-feb.htm
FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions - Amit...OECD CFE
FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions
Mary AMITI (FED New York, United States)
Despite competition concerns over the increasing dominance of global corporations, many argue that productivity spillovers from multinationals to domestic firms justify pro-FDI policies. For the first time, we use firm-to-firm transaction data in a developed country to examine the impact of forming a new relationship with a multinational, and find a TFP increase of about 8% three or more years after the event. Sales to other buyers, trade and customer quality also increase. However, we also document that starting to supply other “superstar firms” such as those who heavily export or are very large also increases performance by similar amounts, even if the superstar is a non-multinational. Placebos on starting relationships with smaller firms and novel identification strategies relying solely on demand shocks to superstar firms support a causal interpretation. In addition to productivity spillovers, we document the transmission of “relationship capabilities” and “dating agency” effects as the increase in new buyers is particularly strong within the superstar firm’s existing network. These results suggest an important role for raising productivity through the supply chains of superstar firms regardless of their multinational status.
Find out more at https://oe.cd/spl-mtg
E-invoicing data for functional territories definition: the use case of pharm...OECD CFE
E-invoicing data for functional territories definition: the use case of pharmacies
Maria AURINDO (National Institute of Statistics, Portugal)
The presentation illustrates how a new Business-to-Consumer (B2C) database extracted from the Portuguese E-invoice system can be an important tool to explore the functional territories concept taking the pharmacies catchment areas as an example. The discussion addresses data integration methodological options and how Statistics Portugal infrastructural information domains – Business register, Building and fraction register and Population register – were crucial for this exercise, developed within the CE-SIG – Map of facilities and services project.
Find out more at https://oe.cd/spl-mtg
Mapping location and co-location of industries at the neighborhood level - A...OECD CFE
Mapping location and co-location of industries at the neighborhood level
Alessandro ALASIA, Dennis HUYNH (Statistics Canada)
In Canada, there is limited analysis on industry locations at the neighbourhood level; location and co-location of industries have been assessed primarily at the regional scale which results in an information gap for businesses. Recent evidence suggests that businesses do not just choose a city for their location, they choose specific business districts within a metropolitan area. Recent improvements in the geolocation of business microdata allow to address the information gap. This work, undertaken as part of the Business Data Lab and in collaboration with the Canadian Chamber of Commerce, is a first attempt to map industry locations at the neighbourhood level in major metropolitan areas of Canada. Using establishment-level microdata from the Business Register, we apply spatial kernel density estimations to identify neighbourhoods with high employment/revenue density for selected industries (2-digit NAICS) and industry clusters (grouping of 6-digits NAICS). The geographic delineation of business districts within metropolitan areas is the first step in understanding the evolution of industry location and co-location over time, and assessing local business dynamics at the neighbourhood level. Ultimately, these business districts can be analyzed in combination with additional data sources (e.g., mobility and road traffic) to derive further economic insights.
Find out more at https://oe.cd/spl-mtg
Advancing and democratizing business data in Canada- Patrick Gill & Stephen TappOECD CFE
Democratizing data through innovative data governance and visualizations
Patrick GILL, Stephen TAPP (Chambers of Commerce, Canada)
Small organizations in Canada struggle with accessing and leveraging data on business conditions and trends. These organizations have expressed difficulty in knowing what is available, accessing it and converting this information into actionable insights. To empower small organizations with more business-related information and insights, the Canadian Chamber of Commerce has built a suite of free tools that merge and visualize traditional statistics with powerful high-frequency data sets (e.g. payments and mobility). This work is enabled by innovate data governance (e.g. a data trust) and a collaborative partnership with Statistics Canada. The Canadian Chamber of Commerce is continuing work with Statistics Canada to release more local business information available through the agency’s Business Register (e.g. the mapping of local business districts), and is exploring how Generative AI can support small organizations’ navigation and understanding of the business information it has curated.
Find out more at https://oe.cd/spl-mtg
Firm-level production networks: evidence from Estonia - Louise GuillouetOECD CFE
The market microstructure of industrial ecosystems in the digital and green transitions: evidence from Estonia
Louise GUILLOUET (Science, Technology and Innovation Directorate, OECD)
Thanks to a unique combination of administrative and survey data matched to the Estonian VAT data, this project studies how information on transaction data can shed light on industrial policy making, through two different angles: 1/ Improving the understanding of the production network, industrial ecosystems and the relevant unit of analysis for industrial policy design and 2/ An application to the diffusion of the green and digital transitions, showing the role of production network in technology diffusion and how this can be leveraged to increase policy effectiveness.
Find out more at https://oe.cd/spl-mtg
Horizon 2020 - research networks across borders - Rupert KawkaOECD CFE
Involvement of rural regions in European research networks
Rupert KAWKA, Torsten SCHUNDER (Federal Office for Building and regional Planning, Germany)
This study investigates the distribution of the European Union's Horizon 2020 funding programme on rural and urban regions between 2014 and 2020 and the resulting urban-rural links. Leveraging the Horizon 2020-database covering the 2014-20 programming period, which encompasses data on approximately 35,000 funded projects involving nearly 180,000 partners, the paper explores the participation of rural firms and organisations in the broader European research framework. By integrating the urban-rural classification of NUTS 3 regions, the research addresses key questions concerning the involvement of rural regions in Horizon 2020 projects, the structural differences in projects with and without rural participation, and the dynamics of urban-rural collaboration in research. The study further aims to identify potential clusters of rural innovation hubs across Europe and assess spatial disparities.
Find out more at https://oe.cd/spl-mtg
How can the social and solidarity economy help refugees along their journey?OECD CFE
Forcibly displaced people fleeing violent conflict and other forms of persecution find support from the social and solidarity economy (SSE) along their pathways, from their country of origin to asylum protection. The numbers are growing and new OECD work sheds light on how the specific values and characteristics of SSE entities provide high-quality responses to refugee needs and facilitate integration in host communities.
The SSE can support access to rights, empowerment, social and labour market inclusion of refugees. Join this webinar with the UNHCR, SINGA and NESsT Poland to discover how the SSE plays a role in the steps along the way of refugee’s journey.
Data-driven regional productivity scorecards in the United Kingdom - Raquel O...OECD CFE
Presentation by Raquel Ortega-Argilés, Professor of Economics, Manchester University and Director of the Productivity Laboratory, The Productivity Institute, United Kingdom at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Competitiveness for Wellbeing - Basque Country - James Wilson.pdfOECD CFE
Presentation by James Wilson, Research Director, Orkestra, Basque Institute for Competitiveness, Spain at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
The productivity board of the autonomous province of Trento - Carlo Menon.pdfOECD CFE
Presentation by Carlo Menon, Economist, Trento Centre for Local Development, CFE, OECD at the 21st OECD Spatial Productivity Lab meeting on "Rebooting regional productivity: from analysis to policy", held in virtual format on 18 October 2023.
This webinar focused on recent initiatives from the Basque Country in Spain, the United Kingdom, and Trentino in Italy, where the analysis of subnational economic data is used to compare productivity performance across regions, understand which economic and social factors drive regional productivity, and how regional productivity links to other economic and social outcomes.
More OECD information: https://oe.cd/SPL
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Rafforzare il partenariato e la cooperazione internazionale in Friuli Venezia...OECD CFE
Presentazione di Mattia Corbetta, Policy Analyst al Centro OCSE di Trento per lo Sviluppo Locale per il lancio del rapporto OCSE "Rafforzare il partenariato e la cooperazione internazionale in Friuli Venezia Giulia", 4 ottobre 2023, Trieste.
Maggiori informazioni www.trento.oecd.org
Immersive technologies and new audiences for classical ballet-RogersOECD CFE
Presentation by Tom Rogers, Creative Digital Producer, Birmingham Royal Ballet, United Kingdom at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Data-driven art residencies to reshape the media value chain-BlotOECD CFE
Presentation by Manon Blot, Project Manager, Cultural and Artistic activities and EU projects, France at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Presentation by Lara Assi, United Kingdom, & Natalie Lama, Jordan at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
Presentation by Harry Verwayen, General Director, Europeana Foundation, the Netherlands at the 6th Summer Academy on Cultural and Creative Industries and Local Development "Disrupting tradition: How digital technology is changing the cultural and creative processes", 18-20 Sept. 2023 ONLINE and 27-29 Sept. 2023 ONSITE (Trento, Italy).
More info: https://oe.cd/sacci
Visit our website: www.oecd.org/cfe
Follow us on Twitter: @OECD_local
3. Barriers to Growth
• Product / Service
– Poor quality, not required by customers in large numbers
• Funding
– Lack of capital, poor cash flow
• Psychological / Motivational Factors
– Low levels of ambition, risk aversion, fear of loss of control
• Managerial Deficiencies
– Finance, management, marketing, operations, HR
• Government Bureaucracy
• Poor Economic / Market Conditions
4. Factors Influencing Growth in Small
Firms (Storey, 1994)
ENTREPRENEUR FIRM STRATEGY
Motivation Age Workforce Training
Unemployment Sector Management Training
Education Legal form External equity
Management experience Location Technology
Number of founders Size Market positioning
Prior self-employment Ownership Market adjustments
Family history Planning
Social marginality New products
Functional skills Management recruitment
Training State support
Age Customer concentration
Prior business failure Competition
Prior sector experience Information and advice
Prior firm size experience Exporting
Gender
6. Key Attributes That Differentiate Fast-
Growth from Non-Fast Growth Firms
(Barringer, 2005)
7. Policies That Support Business
Growth
• EU
– Enterprise Growth Programme
– EuroStars
– Harmony
– Programme for the Competitiveness of Enterprises and Small and Medium-sized
Enterprises (COSME) will run from 2014 to 2020, with a planned budget of €2.5bn
• Country Initiatives
– Denmark (the former Gazelle Growth Programme and the current Accelerace),
– Finland (TEKES funding for growth oriented SMEs, Finnish Growth Company Service,
Vigo)
– Norway (Incubator Grant, Seed capital scheme, Nyvekst)
– Estonia (Estonian Development Fund)
– France (Gazelles Programme, France Gazelles fund)
– Ireland (High Tech Startup programme),
– Netherlands (Growth Accelerator “Groeiversneller”)
– Spain (Neotec Fund)
8. Good Practice - Finland
(Vigo Accelerators)
• Accelerators (mentors) offer their proven business expertise, funding, and
extensive contact networks to the target companies
• Accelerators invest both money and time into the target companies and
take on both a strategic and an operative role in the companies
• Accelerators have been selected from the best applicants in their
respective fields in a public procurement process
• Give incentives to the best business developers in order to help the most
promising start-ups grow into successful companies
• Ensure early stage funding for start-ups, increase their shareholder
value, and make the start-ups attractive targets for venture investors
• Continue to raise significant venture capital investments after the
acceleration stage to support expansion of the target companies.
• Invigorate the Finnish venture capital market and bring more international
acceleration and venture capital players into Finland
10. Difficulty with Policy Design
• Lack of empirical evidence
• Need for specific design
• Possible government failure
• Justification dilemma
• Resource allocation dilemma with general SME policy
• Quality limitations
• Speed limitations
• High growth co-occurs with high failure
11. Transformative Learning
• Experiential and group situated
• Time consuming
• Aided by a predisposition or openness to change
• Dependent on affective learning through critical reflection
• Involves both educator and students as transformative learners.
12. Business Support and
Training
• Policies supporting high growth of SMEs are worthwhile
• Seeking sustainable (high) growth
• Policies for general SMEs and for high-growth SMEs may co-
exist
• Broader approach to support high-growth
• No need to focus on specific industries
• Create the right framework conditions
• Specific roles of the European Commission
• Enhance coaching opportunities
• Improve access to growth finance
• Improve internationalisation opportunities
13. Conclusions
• Training
– Customer-Orientated - Entrepreneurs must be committed to creating
customer value through the provision of innovative products / services;
– Strategic Development - Entrepreneurs should learn how to select from a
number of market strategies that can influence their chances of success
(e.g. Choice of Market, Customer Driven, Constantly
Innovate, Differentiation/Focus, Highest Quality, Exporting);
– Financial Management – Entrepreneurs must learn the skills required to
access additional venture capital (e.g. how to structure a proposal);
– Human Resource Management - Entrepreneurs need to understand and
appreciate the need to enhance the HR practices of the firm and to offer
financial incentives to employees (share the rewards).
• Conditions
– The entrepreneur must be motivated to grow the business;
– Peer-to-peer mentoring from successful entrepreneurs is a critical element
of any training programme (mentors must also be motivated to work in this
role);
– Entrepreneurs must be provided with increased access to networks, finance
and international markets.