High quality (my grade: 7,7) bulletpoint style summary of all articles for Small Business Development, very useful for memorizing all material

SBD Exam
Example questions ................................................................................................................................... 1
Lecture 1................................................................................................................................................... 2
Lecture 2................................................................................................................................................... 3
Lecture 3................................................................................................................................................... 7
Lecture 4................................................................................................................................................. 11
Lecture 5................................................................................................................................................. 15
Lecture 6................................................................................................................................................. 20




Example questions
1) James Coleman introduces and develops the concept of social capital, which he parallels with the
concepts of physical capital, financial capital, and human capital

1. Please describe social capital by
a. Describing and explaining the meaning of the concept of social capital
b. Summarizing and explaining the three forms of social capital, and
c. Naming its most important property
2. How are physical, financial, human, and social capital created? Please briefly explain
3. What is the main difference between physical capital on the one hand and social capital on
the other?

2) Compare Burt (2004) and Uzzi (1997)

3) What are the two most important differences between the multiracial identity integration
perspective (Cheng & Lee, 2009) and the social identity and self-categorization perspectives (Haslam
et al., 2000)?
Central in the entrepreneurship literature are two distinct theories of entrepreneurial action.
a.What are the names of the two theories, and how would you define and describe each theory?
b.Please explain the differences between both theories in terms of the 1) nature of opportunities, 2) nature of entrepreneurs, and 3) nature of decision-making
context.




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,Lecture 1
- Discovery theory
o Mountain climbing
o Concrete business plan
- Creation theory
o Mountain building
o Emergent strategy
o Value estimation is hard

Discovery vs. creation




Implications per function LSDFHMCa




2

, Lecture 2
Baker, T., Miner, A. S., & Eesley, D. T. (2003). Improvising firms: bricolage, account giving and
improvisational competencies in the founding process

- Traditional view
o Design-precedes-execution (DPE)
o Broad sets of opportunities are generated (not in prior industry)
- Improvisation
o Design and execution converge
o Implies bricolage
o Propositions
 Network interactions make improvisational foundings occur
 Future strategy is shaped by prior improvised tactics
 Network bricolage is involved in improvisational foundings
 Improvisational competencies
 Problem driven competencies
 Opportunity driven competencies
 Reduce development of DPE competencies
- Bricolage
o Making with current resources
o Does not imply improvisation
o Propositions
 Networks shape activities
- Network bricolage
o Dependence on pre-existing networks
o Propositions
 Prior industry is where firms are founded (no broad opportunities)
 Post-founding network bricolage equal in improvisational and DPE foundings
(founders are generally more likely to approach someone in their network)

Garud, R., & Karnøe, P. (2003). Bricolage versus breakthrough: distributed and embedded agency
in technology entrepreneurship

- Breakthrough
o High tech US approach
o Discovery of opportunities
o Independent success or failure of actors
o Entrepreneurial agency (bemiddeling) is rare
o Differences with bricolage
 Design and production evolved radically
 Owners and users did not interact
 Test and research centers had a poor relationship
 Regulatory environment destabilized growth
- Bricolage
o Low tech Danish approach
o Creation of opportunities

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