Increasingly, celebrities engage in business not just as endorsers but also with a financial stake and decision-making role in the business. Whether initiated by the celebrity or by other founders, we refer to such instances of new ventures entering the market with a celebrity engaged in such...

The purpose of this paper was to examine the factors affecting the future firm size expectations of nascent entrepreneurs. This was done by testing a decision model on a unique data set composed of a random sample of nascent entrepreneurs. The proposed model is based on four different components...

Should new ventures stick to their knitting once they start commercialising or should they engage in frequent changes of their business idea? In this paper we argue that new ventures still need to learn their way in the early phases of commercialisation and that changes are good, but subject to...

In Australia, as elsewhere, finding and acquiring equity capital is one of the major problems facing start-up or growing entrepreneurial ventures. The informal venture capital market, comprising high net worth non-institutional private equity investors (or 'business angels') provides risk...

This paper presents an exploratory profile of Singapore's informal venture capitalists (business angels). It examines three issues: (1) investor characteristics--comparing descriptive data on Singapore angels; (2) the 'investee attractiveness' issue--classifying the characteristics of an...

Abstract - A simple mathematical model describing the diffusion of a new, infrequently purchased product is proposed. Many previous papers have reported that the differing behaviour of "innovators" and "imitators" is fundamental to the diffusion process. However, previous models have failed to...

This paper describes a study that investigates the mediating effects of information technology (IT) on the relationships among product and process innovations and firm performance (measured in multiple profitability and growth rate metrics). Using structural equation modeling on a sample of 397...

Innovation is internationally recognized as an important source of competitiveadvantage. It was the aim of this research to isolate which factors play a keyrole within South African firms in unlocking their product and serviceinnovation ability, and in so doing potentially promote prosperity for...

Faced with rising competition in their domestic markets and attracted to opportunities in foreign markets, smaller and medium-sized enterprises (SMEs) are increasingly looking towards internationalization as a means of creating and sustaining competitive advantage. This has heightened...

This paper examines a relationship between foreign ownership and innovation novelty in the context of host advanced developing economies. The analysis is focused on two dimensions ofproduct innovation novelty, the novelty of introduced innovations and the economic benefitsfrom introduced...