The Effectiveness of Social Business Plan Competitions in Developing Social and Civic Awareness and Participation

Kwong, Caleb; Thompson, Piers; Cheung, Cherry

doi:10.5465/amle.2011.0007a

Cited by 64 publications

(43 citation statements)

References 136 publications

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“…Donnellon, Ollila, and Middleton (2014) show the influence of context on a training programme for business creation and of the student's previous experience on the development of his or her own entrepreneurial identity. In the same vein, Kwong, Thompson, and Cheung (2012) use a training course relating to social entrepreneurship to analyse the effectiveness of teaching social business plans on the development of students' intention to create 'socially-oriented' entrepreneurial activities. In this study, the pedagogical tool serves as a transmitter encouraging awareness of the social dimension of the environment and the re-appropriation of these challenges by the participants.…”

Section: Programmes Methods and Tools As Transmitters Of Environmentmentioning

confidence: 99%

Role and impact of the environment on entrepreneurial learning

Toutain

Fayolle

Pittaway

et al. 2017

Entrepreneurship & Regional Development

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This article is presenting an overview of the literature devoted to entrepreneurial learning and, more specifically, those research bringing environmental elements into the study of the entrepreneurial learning process. Then, it shows how each of the four Special Issue selected research papers contribute to enhancing our knowledge of the complexity of the learning process vis-à-vis entrepreneurial processes placed in context. By doing this, it makes an attempt to explain the specific context behind each contribution as well as presenting the wider context. Finally, the article is suggesting a set of key challenges and research pathways that might be explored in the future.

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Section: Programmes Methods and Tools As Transmitters Of Environmentmentioning

confidence: 99%

Role and impact of the environment on entrepreneurial learning

Toutain

Fayolle

Pittaway

et al. 2017

Entrepreneurship & Regional Development

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show abstract

“…BPCs are commonly guided by a rationale to support nascent entrepreneurial behaviour and the creation of new ventures (Kwong et al, 2012;Randall and Brawley, 2009;Roldan et al, 2005;Ross and Byrd, 2011). Competition participation serves as a means of funding the establishment and development of the new venture, either through prize money attained or other funding opportunities which emerge through ones involvement (Randall and Brawley, 2009;Watkins, 1982).…”

Section: Bpcs and Learningmentioning

confidence: 99%

“…The raison d'être which underpins BPC provision is concerned with the motivation of entrepreneurial activity, stimulation of new venture creation and support of nascent entrepreneurial behaviour (Kwong et al, 2012;Randall and Brawley, 2009;Roldan et al, 2005;Russell et al, 2008;Thomas et al, 2014). Accordingly the BPC, with its inherently experiential emphasis, has been widely positioned and asserted as an experience conducive to promoting entrepreneurial learning amongst those who decide to participate (Hegarty, 2006;Roldan et al, 2005;Russell et al, 2008;Sekula et al, 2009).…”

Section: Introductionmentioning

confidence: 99%

An exploration of the Business Plan Competition as a methodology for effective nascent entrepreneurial learning

Watson

McGowan

Cunningham

2017

IJEBR

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Purpose -Business Plan Competitions (BPCs) are readily prescribed and promoted as a valuable entrepreneurial learning activity on university campuses worldwide. There is an acceptance of their value despite the clear lack of empirical attention on the learning experience of nascent entrepreneurs during and post-participation in university-based BPCs. To address this deficit, the purpose of this paper is to explore how participation in a university-based BPC affords entrepreneurial learning outcomes, through the development of competencies, amongst nascent entrepreneurs. Design/methodology/approach -Underpinned by a constructivist paradigm, a longitudinal qualitative methodological approach was adopted. In-depth interviews with nascent entrepreneur participants of a UK university-based BPC were undertaken at the start and end of the competition but also six months after participation. This method enabled access to the participant's experiences of the competition and appreciation of the meanings they attached to this experience as a source of entrepreneurial learning. Data were analysed according to the wave of data collection and a thematic analytical approach was taken to identify patterns across participant accounts. Findings -At the start of the competition, participation was viewed as a valuable experiential learning opportunity in pursuit of the competencies needed, but not yet held, to progress implementation of the nascent venture. At the end of the competition, participants considered their participation experience had afforded the development of pitching, public speaking, networking and business plan production competencies and also self-confidence. Six months post-competition, participants still recognised that competencies had been developed; however, application of these were deemed as being confined to participation in other competitions rather than the routine dayto-day aspects of venture implementation. Developed competencies and learning remained useful given a prevailing view that further competition participation represented an important activity which would enable value to be leveraged in terms of finance, marketing and networking opportunities for new venture creation. Research limitations/implications -The findings challenge the common understanding that the BPC represents an effective methodology for highly authentic, relevant and broadly applicable entrepreneurial learning. Moreover the idea that the competencies needed for routine venture implementation and competencies developed through competition are synonymous is challenged. By extension the study suggests competition activities may not be as closely tied to the realities of new venture creation as commonly portrayed or understood and that the learning afforded is situated within a competition context. Competitions could therefore be preventing the opportunities for entrepreneurial learning that they purport they offer. Given the practical importance of competition participation as a resource acquisition activity for nascent en...

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“…To our knowledge, no study has been done that studies the impact of interventions within a business plan competition on the entrepreneur identity aspiration of the participants. Despite studies being done that measure the impact of business plan competitions on students [ (Kwong et al 2012); (Baum and Locke 2004)], how various entrepreneurial interventions incorporated within a business plan competition effect the aspirations of the participants to become entrepreneurs is not studied.…”

Section: Resultsmentioning

confidence: 99%

The impact of various entrepreneurial interventions during the business plan competition on the entrepreneur identity aspirations of participants

2016

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We intend to see how interventions during a business plan competition workshop impact the relationship between the personality, intellectual capital, entrepreneurial skills of the participants and their entrepreneur identity aspiration. INVENT is a nation-wide business plan competition in which university students from all over Pakistan (around 3000) participate. This is a 5 month process which involves a lot of training and mentoring during the various rounds. The interventions to promote entrepreneurship take place in the form of lectures, workshops, case studies, and mentoring sessions. The survey was conducted in two phases; the baseline survey was conducted during the initial workshops and the second survey was conducted towards the end of the competition and finals. In this paper, we evaluate the results of the baseline survey conducted during the initial workshops. To test the model, the constructs of entrepreneurial personality, intellectual capital, entrepreneurial skills and business program inputs were validated followed by factor analysis and structural equation modeling. We found out that the entrepreneurial interventions carried out in the workshops led to positive relationships between the variables and had a positive impact on the Entrepreneur Identity Aspiration of the participants.

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The Effectiveness of Social Business Plan Competitions in Developing Social and Civic Awareness and Participation

Cited by 64 publications

References 136 publications

Role and impact of the environment on entrepreneurial learning

Role and impact of the environment on entrepreneurial learning

An exploration of the Business Plan Competition as a methodology for effective nascent entrepreneurial learning

The impact of various entrepreneurial interventions during the business plan competition on the entrepreneur identity aspirations of participants

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