Entrepreneurial Impact

If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

"Entrepreneurial Impact: The Role of MIT -- An Updated Report helps us understand the economic impact of the entrepreneurial ventures of university graduates. We know that some universities play an important role in many economies through their core education, research and development, and other spillovers... While MIT's leadership in developing successful entrepreneurs has been evident anecdotally, this study--one of the largest surveys of entrepreneur alumni ever conducted--quantifies the significant impact of MIT's entrepreneurial ecosystem that supports firm startups."--P.[4] of cover

BeeHIVE Social Innovation or known as Beehive Malaysia Young Entrepreneurship Acceleration Program was founded by Prof Dr. Nik Maheran which was a collaboration effort between Universiti Malaysia Kelantan (UMK), Babson College (USA) and Wow Labs Ltd. (France). These initiatives are among the many activities carried out in UMK to foster entrepreneurship and take young entrepreneurs along the journey in getting funding and scaling their businesses. The content of the book is covered in 7 chapters. Chapter 1, allows the readers to know what is social innovation model, including identifying the social innovation and social entrepreneurship commonly practised by entrepreneurs. Chapter 2, highlights the importance of social innovation among youth in Malaysia. Meanwhile, Chapter 3 gives exposure to the readers about the research studies related to social innovation; covering the past and recent works. In chapter 4, the contributing factors such as knowledge, thinking style, personality and motivation which have been identified as important factors that infuence and shape the social innovation among youth in Malaysia. Whereas, Chapter 5, talks about the BeeHIVE Innovation Model and how it works. This book also discusses matters related to outcome or BeeHive program, organised and participated by young people or youth in Malaysia (chapter 6) and the last chapter, talks about the recommendation and conclusion of the study. The entire content of this book is hoped to be used as a guide and reference to budding entrepreneurs, especially youth who want to be active in social entrepreneurship.

This open access book explores the global challenges and experiences related to digital entrepreneurial activities, using carefully selected examples from leading companies and economies that shape world business today and tomorrow. Digital entrepreneurship and the companies steering it have an enormous global impact; they promise to transform the business world and change the way we communicate with each other. These companies use digitalization and artificial intelligence to enhance the quality of decisions and augment their business and customer operations. This book demonstrates how cloud services are continuing to evolve; how cryptocurrencies are traded in the banking industry; how platforms are created to commercialize business, and how, taken together, these developments provide new opportunities in the digitalized era. Further, it discusses a wide range of digital factors changing the way businesses operate, including artificial intelligence, chatbots, voice search, augmented and virtual reality, as well as cyber threats and data privacy management. “Digitalization mirrors the Industrial Revolution’s impact. This book provides a complement of perspectives on the opportunities emanating from such a deep seated change in our economy. It is a comprehensive collection of thought leadership mapped into a very useful framework. Scholars, digital entrepreneurs and practitioners will benefit from this timely work.” Gina O’Connor, Professor of Innovation Management at Babson College, USA “This book defines and delineates the requirements for companies to enable their businesses to succeed in a post-COVID19 world. This book deftly examines how to accomplish and achieve digital entrepreneurship by leveraging cloud computing, AI, IoT and other critical technologies. This is truly a unique “must-read” book because it goes beyond theory and provides practical examples.” Charlie Isaacs, CTO of Customer Connection at Salesforce.com, USA "This book provides digital entrepreneurs useful guidance identifying, validating and building their venture. The international authors developed new perspectives on digital entrepreneurship that can support to create impact ventures.” Felix Staeritz, CEO FoundersLane, Member of the World Economic Forum Digital Leaders Board and bestselling author of FightBack, Germany

Scaling Impact introduces a new and practical approach to scaling the positive impacts of research and innovation. Inspired by leading scientific and entrepreneurial innovators from across Africa, Asia, the Caribbean, Latin America, and the Middle East, this book presents a synthesis of unrivalled diversity and grounded ingenuity. The result is a different perspective on how to achieve impact that matters, and an important challenge to the predominant more-is-better paradigm of scaling. For organisations and individuals working to change the world for the better, scaling impact is a common goal and a well-founded aim. The world is changing rapidly, and seemingly intractable problems like environmental degradation or accelerating inequality press us to do better for each other and our environment as a global community. Challenges like these appear to demand a significant scale of action, and here the authors argue that a more creative and critical approach to scaling is both possible and essential. To encourage uptake and co-development, the authors present actionable principles that can help organisations and innovators design, manage, and evaluate scaling strategies. Scaling Impact is essential reading for development and innovation practitioners and professionals, but also for researchers, students, evaluators, and policymakers with a desire to spark meaningful change.

Provides practicing social entrepreneurs, whether nonprofit or for-profit, with a guiding framework and practical recommendations for scaling. It is filled with ideas and examples to make it easier for practitioners to make major strides in resolving serious social problems involving, poverty, health, education, and the environment.

Axiom Business Book Awards 2020 Gold Medalist in Philanthropy / Nonprofit / Sustainability The Time to Impact the Future Is Now ​Impact Imperative author Pamela Ryan explores the likely realities facing our planet and humanity for the next few decades. We are, as she tells us, at a pivotal moment in history. Individuals, organizations, and investors are doing immense good, but extraordinary challenges are enveloping the planet, threatening life and humanity itself: escalating extreme weather events, shifting global population and power balances, widening socioeconomic disparities, and rising tensions among extremists and mainstream populations. Impact Imperative stems from consultations with over 130 professionals in the burgeoning impact innovation, entrepreneurship, and investment space. As Dr. Ryan shares insights from these impact innovators about how we can meet these challenges in the next few decades and beyond, she encourages readers to think about how our own consequential actions in the present can propel us—individually and collectively—toward more optimal futures. Or increasingly destructive futures.

This open access book investigates the inter-relationship between the mind and a potential opportunity to explore the psychology of entrepreneurship. Building on recent research, this book offers a broad scope investigation of the different aspects of what goes on in the mind of the (potential) entrepreneur as he or she considers the pursuit of a potential opportunity, the creation of a new organization, and/or the selection of an entrepreneurial career. This book focuses on individuals as the level of analysis and explores the impact of the organization and the environment only inasmuch as they impact the individual’s cognitions. Readers will learn why some individuals and managers are able to able to identify and successfully act upon opportunities in uncertain environments while others are not. This book applies a cognitive lens to understand individuals’ knowledge, motivation, attention, identity, and emotions in the entrepreneurial process.