Research Seminar
Brought to you
by
Centre for Entrepreneurship (CET),
( A division of NUS Enterprise )
National University of Singapore
Does Business Planning Facilitate the Development
of New Ventures?
Presentation materials for the talk:-
Presentation
Slides
Abstract
Many prior researchers have criticized business
planning, arguing that it interferes with the
efforts of firm founders to undertake more valuable
actions to develop their fledgling enterprises
(Bhide, 2000; Carter, Gartner, and Reynolds, 1996).
In this talk, we challenge this negative view
of business planning, arguing that business planning
is an important precursor to action in new ventures.
By helping firm founders to make decisions, to
balance resource supply and demand, and to turn
abstract goals into concrete operational steps,
business planning reduces the likelihood of venture
disbanding and accelerates product development
and venture organizing activity. Empirically,
we examine 223 new ventures initiated in the first
nine months of 1998 by a random sample of Swedish
firm founders and provide support for our hypotheses.
About the Speaker
Dr. Scott Shane is Professor of Entrepreneurship
and Chair of the Department of Entrepreneurship
at the Robert H. Smith School of Business at the
University of Maryland. He currently serves as
editor of the Research and Development, Innovation
and Entrepreneurship Division of Management Science.
His research examines how entrepreneurs discover
and evaluate opportunities, assemble resources
and design organizations. He has also taught in
executive education programs in Norway, Poland,
New Zealand and the United States. Dr. Shane earned
his Ph.D at the Wharton School of the University
of Pennsylvania. Prior to joining University of
Maryland, he taught at the Sloan School of Management
at MIT. His more than 40 articles on enterpreneurship
and innovation management have been published
in leading academic journals such as Management
Science, Organization Science, Strategic Management
Journal and Journal of Business Venturing. Dr.
Shane's research has been quoted in The Wall Street
Journal, Inc. and Entrepreneur Magazine. He is
currently holding a visiting professorship appointment
at the Centre for Entrepreneurship at NUS.
To register, please email Ms
Shannen Soo
at (cetsoosk@nus.edu.sg)
with your name, designation and company/institution
(and email add if via fax),
by 25th Oct 2002 (Fri). Please forward this invitation
to your friends and colleagues who may be interested.
Admission is free |
