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New Venture Creation: Entrepreneurship for the 21st Century

10th Edition

9814577464 · 9789814577465

By Stephen Spinelli, Rob Adams

New Venture Creation: Entrepreneurship for the 21st Century is about the process of getting a new venture started, growing the venture, successfully harvesting it, and starting again. The book presents the substantial body of knowledge about the entr… Read More

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Colour, print bound version of the complete text

PART I The Founder

Chapter 1 The Global Entrepreneurial Revolution for a Flatter World

Chapter 2 The Entrepreneurial Mind: Crafting a Personal Entrepreneurial Strategy

PART II The Opportunity

Chapter 3 he Entrepreneurial Process

Chapter 4 lean Commerce and Sustainable Enterprise Movements Are an Opportunity Sea Change

Chapter 5 Opportunity Recognition

Chapter 6 Opportunities for Social Entrepreneurship

Chapter 7 The Business Plan

PART III The Founder and Team

Chapter 8 The Entrepreneurial Leader and the Team

Chapter 9 Ethical Decision Making and the Entrepreneur

PART IV Financing Entrepreneurial Ventures

Chapter 10 Resource Requirements

Chapter 11 Franchising

Chapter 12 Entrepreneurial Finance

Chapter 13 Obtaining Venture and Growth Capital

Chapter 14 The Deal: Valuation, Structure, and Negotiation

Chapter 15 Obtaining Debt Capital

PART V Start-up and Beyond

Chapter 16 Leading Rapid Growth, Crises, and Recovery

Chapter 17 The Family as Entrepreneur

Chapter 18 The Harvest and Beyond

New Venture Creation: Entrepreneurship for the 21st Century is about the process of getting a new venture started, growing the venture, successfully harvesting it, and starting again. The book presents the substantial body of knowledge about the entrepreneurial process in a pragmatic way – through text, case studies, and hands-on exercises – to help readers compress their learning curves, reduce their ultimate risk and pain, and allow them to gain more from their subsequent entrepreneurial experiences.

EMPHASIS ON PRACTICAL APPLICATION OF ENTREPRENEURSHIPThe authors have continued to edit for conciseness in this new edition, and have streamlined the reading experience by reducing the number of chapters from 19 to 18, and reducing the total volume of the text by 20 percent since the last edition to improve the flow of discussion.

ADDITIONAL TEACHING & LEARNING RESOURCESInstructor and student learning resources have been added to the Online Learning Center, including a concise Venture Opportunity Quick Screen in Excel form (formerly in Chapter 6), which students tend to use more readily than paper and pencil.

DIVERSE LINEUP OF CASES A special effort has been made to include cases that capture the dynamic ups and downs new firms experience over an extended time. Each case provides insight into how real companies handle issues presented.

Problem Solving OpportunitiesTwo chapters, Clean Commerce: Seeing Opportunity through a Sustainability Lens and Opportunities for Social Entrepreneurship, present opportunities for entrepreneurs to solve environmental and wide-ranging social issues.

Complete Business PlanChapter 7, The Business Plan, presents a complete business plan guide along with tips, practical advice, and know-how from successful entrepreneurs and investors on the development and presentation of the plan.

Study QuestionsEach chapter provides study questions to enable the student to focus on key issues, test their knowledge, and organize important material and insights presented in the chapter.

The Venture Opportunity Screening Exercises (VOSE)Simplified and segmented into discreet exercises that can be used separately or in total. This change allows for maximum flexibility in the syllabus and when counseling individual students or mentoring field study projects.

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