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Effectual reasoning, a form of expert entrepreneurial decision making, provides a series of decision making strategies for individuals in low-power situations. In these situations, individuals must Read More...
Category: Education and Teaching
Authors: Brent Goldfarb , David Kirsch and Dave Kressler
Many of us remember that one infamous professor back in college whose boring lectures -- even on subjects that should have been interesting -- put everyone to sleep. The traditional old-fashioned Read More...
Category: Education and Teaching
Author: Lars Oddsson
“Sharks? Change the channel! I don’t do sharks,” my 12-year-old self told my older brother after I saw that he had put on some show known as Shark Tank. We ended up making a compromise in which Read More...
Category: Education and Teaching
Author: Marisa Patel-O'Connor
For students from family businesses to fully benefit from participating in a family business class, it is essential that they open up and share their experiences, both good and bad. The more the Read More...
Category: Education and Teaching
Authors: Kimberly Eddleston and Devina Raithatha
Max Weber argued that the process of rationalization transformed social life forever. By loosening the hold of tradition, rationalization led to new practices that were chosen due to their Read More...
Category: Education and Teaching
Authors: Howard E. Aldrich and Stephen Lippmann
Startups succeed or fail for a variety of reasons: no market need, not the right team, timing, running out of cash, premature scaling and more. It is important for students to understand this so that Read More...
Category: Education and Teaching
Author: Chuck Sacco
Students often have a hard time understanding the difference between an invention and an innovation and, likewise, the difference between incremental and disruptive innovation. I developed this Read More...
Category: Education and Teaching
Author: Kathleen Allen
Two-and-a-half years ago, we set out to design our entrepreneurial finance course at the University of St. Thomas around an experiential project. Our idea was straightforward: we wanted students to Read More...
Category: Education and Teaching
Author: Jay Ebben
The Innovation Project exercise enables students (within 10 days) to experience every step of the venture creation process (searching, screening, planning, financing, setup, startup, ongoing Read More...
Category: Education and Teaching
Author: Ron Mitchell
The Theory of Change is a tool that is widely used among social entrepreneurship (SE) practitioners to map out the steps that will lead them to have the intended positive change on society. The Read More...
Category: Education and Teaching
Author: Sophie Bacq