With reference to the Isenberg model, show how the entrepreneurial ecosystem in your country/region/city can help you succeed in your chosen sector.
2024-09-30 14:59:38
International entrepreneurial
Assessment Details
Title Examination of entrepreneurial opportunities in [home country]
Scenario: Imagine you are returning to set up a small business in your home country.You want to explore the possibilities and gauge your chances of success [you can choose any sector but need to be specific - and realistic!]. You should address the question as follows:
Chosen Sector & Country - ABCD
PART A:
With reference to the Isenberg model, show how the entrepreneurial ecosystem in your country/region/city can help you succeed in your chosen sector.
You need to include details on specific funding initiatives, legislation and policy, education programmes and make sure you reference these correctly.
Demonstrate 6 of elements - Minimum of 4 elements ( provide information very evaluate and Indeapth analysis) with justification(also Why you Choose 4 out of 6 elements which releated to your sector)These should be applicable to your chosen sector – e.g. training initiatives, grants for start-ups, industry networks etc.
You must show you understand the impacts of some of the initiatives/funding mechanisms/mentorship programmes/policies.GEM reports and theory on (among others) necessity entrepreneurship may be useful to consider. Can you discuss if or why this has had an impact on economic output, regional development, or the appetite for entrepreneurship etc in your chosen region? You need to refer to recent statistics if mentioning these areas.
It is not necessary to look at all dimensions of the model – in depth discussion on a smaller number of the most important factors may be more beneficial – but you should show you understand how the ecosystem needs to be balanced and work as a whole.
40 marks
PART B:
Barriers to entrepreneurship.
As above this should be based on your home country and specific to the sector you have chosen (you want to acknowledge where the ecosystem needs to be developed or refined).
How would these barriers impact on your ambitions?
You must compare to previous research on common barriers -it is expected that the literature and reports mentioned in class are used IN ADDITION to specific reports/research on barriers in your home country.
25 marks
PART C - Entrepreneurial characteristics:
What are the individual characteristics an entrepreneur needs to help overcome some of these barriers and allow him/her to take advantages of the opportunities you see in your country? You must use the authors introduced in class for this section. See some of the earlier lectures in the module to help you.
Give examples of local entrepreneurs (from your sector/country/region) to illustrate. News articles, company websites etc may provide information here.
4 or 5 Characteristics of Entrepreneurs
3 or 4 successful local entrepreneurs in your home country or chosen sector.
25 marks
Presentation, structure, written narrative, and use of appropriate references.
(a) You have been given the basis of a structure for this assignment. Take time to make sure each section links. You must avoid repetition and be sure your work has a logical flow.
(b) Referencing must clearly follow UUBS guidelines.
(c) Follow report format with headings, page numbers and a contents page. Any tables, graphs, diagrams etc need to be labelled appropriately and sources cited.
As above this should be based on your home country and specific to the sector you have chosen (you want to acknowledge where the ecosystem needs to be developed or refined).
10 marks
Word count: 3000 +/- 10% not including title page, contents or reference list.
Important tips on Assessment Marks are awarded for in-depth discussion, the use of appropriate examples, application of theory and the use of relevant articles or reports. Policies etc must be correctly referenced and UUBS Harvard used. It is expected that the work follows a logical structure and that sufficient explanations are given. Try to avoid vague or unsupported statements.
Please use this information, along with the lectures and notes from the 12-week block, where we covered many issues in relation to entrepreneurship and the ecosystem.
With reference to the Isenberg model, show how the entrepreneurial ecosystem in your country/region/city can help you succeed in your chosen sector.
More tips to improve your marks:
(a) Refer to the sources included in class. All too frequently we see no mention of seminal authors and key texts. These literature/databases will form a basis for your own more specific research on conditions for entrepreneurship in your home country.
(b) Be able to compare and interpret historic data – can you see any trends? What does this mean for the success of your business? Remember that data is meaningless if used in isolation.
(c) Use the most recent relevant sources – the ecosystem changes on a regular basis!
(d) Read widely – if you are considering your own business, these are facts you need to know.
(e) Be able to extract appropriate information – are these facts relevant to your business? If so, how, and why?
(f) Avoid being generic.
Reading materials details as below pages
lease note:
Late submissions will not be accepted after the submission date unless you have an approved extenuating circumstance by the admin team (through email uuextenuatingcircumstances@qa.com). Supporting evidence may be required for EC1 to be considered in line with University of Ulster policy. Please refer to the programme handbook.
The assignments will be marked in accordance with the university`s academic misconduct policy. Where plagiarism or any other academic misconduct is suspected of any student, the student will be invited for a misconduct hearing and if found guilty, appropriate sanction will be applied.
Submissions should be referenced using the Harvard system of referencing and page numbered.
Sources should be from recognised and reliable academic, industry, business, and government sources.
FEEDBACK
Where possible feedback will be provided within 4 (working) weeks of the submission dates
Learning Resources
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Books Required
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Burns, P. (2016). Entrepreneurship and small business. Palgrave Macmillan Limited. [ebook available]
Hisrich, R.D. (2016) International Entrepreneurship: Starting, Developing, and Managing a Global Venture, 3rd Ed, Sage Publications, Thousand Oaks. Available on VitalSource
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Recommended (Should read/ Could read)
Brochado, A, Lobo, C, Pacheco, L and Maldonado, I. (2020). Drivers of and Barriers to the SME Internationalisation Process in a Small Open Economy. Economics Bulletin. 40.
Bolton, B. and Thompson, J., (2013) Entrepreneurs: talent, temperament and opportunity. 3rd ed. Routledge.
Burns, P., (2018) New Venture Creation: A Framework for Entrepreneurial Start-ups, 2nd ed. Palgrave Macmillan, Basingstoke. [ebook available]
Carter, S., & Jones-Evans, D. (2012) Enterprise and Small business: Principles, Practice & Policy, 2nd Ed, Prentice-Hall. London [ebook available].
Cavusgil Tamer, S., Knight, G. and Reisenberger, J. (2020). International Business: the new realities. Essex, UK: Pearson. [ebook available]
Evers, N., Cunningham, J., & Hoholm, T. (2014) Technology Entrepreneurship: Bringing Innovation to the Market, Palgrave Macmillan, Basingstoke. [ebook available].
Gabrielsson, M., & Kirpalani, VH., (2012) Handbook of research on born globals, Edward Elgar, Cheltenham [ebook available].
Gandhi, N., (2011) Born Globals, Hothive, Evesham (Available on iTunes)
Greene, F.J., (2020)Entrepreneurship theory and practice. Macmillan Education.
Magnani, G. and Zucchella, A. (2018). Uncertainty in entrepreneurship and management studies: a systematic literature review. International Journal of Business and Management, 13(3), p.98.
Read, S. (2011) Effectual Entrepreneurship, Routledge, London. [ebook available].
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Recommended Journals and Online Material
These are only a selection of journals that are recommended for this module. All can be accessed via UU Library.
International Entrepreneurship and Management Journal
Entrepreneurship Theory & Practice
Journal of International entrepreneurship
International Business Review
Journal of International Business Studies
Journal of World Business
Harvard Business Review
International Small Business Journal
International Journal of Entrepreneurial Behavior & Research
Journal of Contemporary Issues in Business and Government
As changes in the international environment are rapid and often unexpected; keeping up to date is imperative. There is a wealth of international entrepreneurship information online. (Note: you will also find relevant material on International Entrepreneurship on some ‘general entrepreneurship’ sites).
Resources include:
http://www.hbs.edu/entrepreneurship/resources/ Harvard Business School resources
href="https://www.gsb.stanford.edu/faculty-research" Faculty & Research | Stanford Graduate School of Business Stanford – search via the link for publications, working papers and case studies.
http://www.gemconsortium.org/ GEM Report – largest report on entrepreneurship
**www.ie-scholars.net has a range of International Entrepreneurship resources – you will need to create an account but access is free. Spreadsheets of IE literature are available via BBL.
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Read the following:
For an overview of the origins of I.E research: McDougall, P. P., & Oviatt, B. M. (2000). International entrepreneurship: The intersection of two research paths. Academy of Management Journal, 43, 902–908.
OECD (2009), “Top Barriers and Drivers to SME Internationalisation”, Report by the OECD Working Party on SMEs and Entrepreneurship, OECD. http://www.oecd.org/industry/smes/43357832.pdf
Compare the OECD report above with the more recent publications below
Paul, J, Parthasarathy, S and Gupta P. (2017) Exporting challenges of SMEs: A review and future research agenda, Journal of World Business, 52(3), pp327-342.
Morais, F and Ferreira, J. J. (2019). SME Internationalisation Process: key issues and contributions, existing gaps and the future research agenda. European Management Journal. 38.
Gandhi, N., (2011) Born Globals, Hothive, Evesham (for examples).
You will find plenty of articles around the topic with an increasing amount of research on developing countries. To keep it more local you may want to check out: New Venture Internationalisation and the Cluster Life Cycle: Insights from Ireland`s Indigenous Software Industry
- Internationalisation - how do they grow? Theoretical perspectives
- Barriers and challenges to entrepreneurship
- Entrepreneurial decision making.
- Effectuation and causation.
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