Entrepreneurship research engages in an intense debate about the value of business planning. Prior empirical findings have been fragmented and contradictory. This study contributes insights to the ...business planning discussion by following an evidence-based research approach. We conduct a meta-analysis on the business planning–performance relationship and specifically focus on contextual factors moderating the relationship. Results indicate that planning is beneficial, yet contextual factors such as newness of the firms and the cultural environment of firms significantly impact the relationship. Based on this evidence, we propose a concomitant and dynamic approach that combines planning and learning.
Outre de jeunes créateurs de start-ups, nous avons aussi commencé â accompagner un nombre croissant danciens salariés reconvertís â leur compte dans des secteurs dactivité tels que le service â la ...personne, laction sociale et la science. Qu'ils soient startupers, indépendants, micro-entrepreneurs ou â la téte d'une entreprise individuelle, tous ces individus ont avant tout appris â structurer leur réflexion autour d'un produit, d'un service, d'un business plan, voire d'une levée de fonds. Sousestimés, pour ne pas dire ignorés des entrepreneurs, ces risques pourtant bien réels peuvent se révéler mortiferes pour leur activité et mettre en péril leur vie de famille s'ils n'ont pas été mis sous contróle au préalable.
A randomized control trial with 432 small and medium enterprises in Mexico shows positive impact of access to 1 year of management consulting services on total factor productivity and return on ...assets. Owners also had an increase in “entrepreneurial spirit” (an index that measures entrepreneurial confidence and goal setting). Using Mexican social security data, we find a persistent large increase (about 50 percent) in the number of employees and total wage bill even 5 years after the program. We document large heterogeneity in the specific managerial practices that improved as a result of the consulting, with the most prominent being marketing, financial accounting, and longterm business planning.
Abstract
Residential selection is central in determining children’s housing, neighborhood, and school contexts, and an extensive literature considers the social processes that shape residential ...searches and attainment. While this literature typically frames the residential search as a uniform process oriented around finding residential options with desired characteristics, we examine whether individuals may differentially conceive of these searches in ways that sustain inequality in residential attainment. Drawing on repeated, in-depth interviews with a stratified random sample of 156 households with young children in two metropolitan counties, we find that parents exhibit distinct residential search logics, informed by the constraints they face. Higher-income families usually engage in purposive searches oriented around their residential preferences. They search for “forever homes” that will meet their families’ needs for years to come. In contrast, low-income parents typically draw on a logic of deferral. While they hope to eventually search for a home with the unit, neighborhood, and school characteristics they desire, aspirations for homeownership lead them to conceive of their moves (which are often between rental units) as “temporary stops,” which justifies accepting homes that are inconsistent with their long-term preferences. In addition, because they are often “pushed” to move by negative circumstances, they focus on their immediate housing needs and, in the most extreme cases, adopt an “anywhere but here” approach. These logics constitute an unexamined mechanism through which economic resources shape residential searches and ultimate attainment.
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