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University of Shahid Chamran, Khozestan, Ahvaz- IRAN Paper presented at the European Conference on Educational Research, University College Dublin, September Abstract This paper examines the determinants of business start-uplong and short-term success and failure of small businesses with emphasis on their education and training.
Entrepreneurs and small firm success and failure have been the subject of extensive research. It is important to understand the external, internal and motivational factors responsible for business start-up, the barriers faced during the initial and continuous stages of trading and the advice and assistance available to entrepreneurs.
This paper is aiming in exploring and explaining the main factors are related to successful and failure of entrepreneurs in small industrial business in ahvaz city 3.
Based on a random sampling 51 enterprisers marked as successful and failures are selected. The data collected based on a triangulation method interview, questionnaire and observation.
The results show that: A- from the failure entrepreneurs point of view the following issues were important effects on their weak performance and failure their business: B- from the successful entrepreneurs point of view the following issues were important effects on their high performance in their business: Introduction Small businesses can be a vehicle for both Schumpeterian entrepreneurs introducing new products and processes that change the industry and for people who simply run and own a business for a living Wennekers and Thurik, During the first decades of the last century, small businesses were both a vehicle for entrepreneurship and a source of employment and income.
This is the era in which Schumpeter conceived his Theory of Economic Development. Here Schumpeter emphasizes the role of the entrepreneur as prime cause of economic development. MehralizadehAcs and Audretsch and Carlsson provide evidence concerning manufacturing industries in countries in varying stages of economic development.
Mehralizadeh and Lauder and Brown in their models advance three explanations and waves for the shift toward smallness and flexibility. The first wave is related to Fordist production Mass production deals with fundamental changes in the world economy from the s on-wards.
Second wave is started since called neo-Fordist management system, which due to the changes relate to the intensification of global competition, the increase in the degree of uncertainty and the growth in market fragmentation.
The third wave is Post-Fordist system of management, which deals with changes in the character of technological progress, system of work and human resource development. Study these waves shows that flexible automation has various effects resulting in a shift from large to smaller firms.
Also Piore and Sable and Thurik, R, and Weneekers, S argues that the instability of markets in the s resulted in the demise of mass production and promoted flexible specialization. This fundamental change in the path of technological development led to the occurrence of vast diseconomies of scale.
Post-Fordist system of management is marked with entrperunres. Entrepreneurship and therefore "the entrepreneur", is at the core of what makes an enterprise succeeds, whether you call it an entrepreneurial firm, a small business, a family business, a home-based business, or a new business.
Over the past two decades there has been a mass of research which has attempt to discover the difficulties of start-up planning and existing small business.
Some of the researches have addressed successful entrepreneurs but others looked at the failure small business managers.
All these studies were addressing if there are any clear characteristics, which distinguish small business barriers to find out which one is more important for policy makers. After all these studies still the main question remain that why some of the small industrial business is successful but other is failed.
This situation has caused great concern, as a productive economy is reliant on the birth of substantial numbers of new enterprises and the growth of such firms. The importance of this question is more important due to the government determined that during the third five year social and economic development planning move toward more small business and privatization of economy in industrial part.
Establishment of small business also provides more job opportunities for huge army of unemployed young people in Iran. Therefore results of this research will help the policy make in Iran and other countries with the same economic situation to develop reasonable planning to get advantage of development of small business.
Theoretical framework of study Although there are a huge amount of research in relation to entrepreneurs but review the literature and most of the work done in this respect revealed that the authors focused on the different aspects of entrepreneurs success and failure.
Generally speaking, all entrepreneurs are when developing a business are faces with three vital stages: In each stages they are struggle with different issues.
To get a better idea of the relationship among these issues we classified them as 6 main issues and a numbers of variables. Previous research has identified a number of possible influences on the success of new small businesses, including the effects of opening size on growth, the entry process, customers and innovation.
For example, Johnson, Kattuman and Conway found that business size plays a key role in the growth rate of very small businesses, with micro businesses experiencing the highest rates of growth. It should be noted that whilst innovation can provide new market opportunities, innovative businesses often face rapid growth, which can be disastrous if not managed correctly.
While a listing of reasons for small business failures would at first seem lengthy, according to Clark, S.The data used to study the effects of the failure of Lehman Brothers on other financial institutions are 3 years of daily stock returns from Center for Research in Security Prices (CRSP) from 3 January until 31 December These returns are compiled into portfolios which are formed based on the firms’ Standard Industrial Code (SIC) code.
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The study and survey of financial inclusion is useful for both policy makers and bank service providers to make strategic decisions. This dissertation attempts to provide a snap shot of the extent of financial inclusion i.e. the level and expansion. May 15, Disruptive Physician Behavior By Owen MacDonald, Group Publisher, QuantiaMD Foreword by Barry Silbaugh, MD, MS, FACPE, CEO, American College of Physician Executives.
R Executive summary ethinking risk management is the sixth annual study of risk management practices conducted by EY in cooperation with the Institute of International Finance (IIF) since the.