Digital Reading Room 2.0 -- ENVD 612: New Venture Development

ENVD 612: New Venture Development Report a Broken Link

In this course for would-be or practicing entrepreneurs, you will learn about the characteristics of entrepreneurs, how entrepreneurial activities are formed, how to acquire know-how by developing entrepreneurial and managerial competencies and skills, and how to apply the entrepreneurial model of vision for developing your own business.

A description of this course can be found at the following website: https://www.athabascau.ca/syllabi/envd/envd612.php.

Required Readings

Lesson 1

Reading 1: Brown, S. (2024, January 17). How generative AI is changing entrepreneurship. MIT Sloan School of Management. https://mitsloan.mit.edu/ideas-made-to-matter/how-generative-ai-changing-entrepreneurship

Reading 2: Morris, M. H., Neumeyer, X., Jang, Y., & Kuratko, D. F. (2018). Distinguishing types of entrepreneurial ventures: An identity-based perspective. Journal of Small Business Management, 56(3), 453–474.

Reading 3: Ganor, Y. (2022, January 14). Ask an expert: What skills do I need to run a startup? Harvard Business Review. https://hbr.org/2022/01/ask-an-expert-what-skills-do-i-need-to-run-a-startup

Lesson 2

Reading 4: Hatch, J., & Zweig, J. (2000). What is the stuff of an entrepreneur? Ivey Business Journal, 65(2), 68–72.

Reading 5: Woodwark, M., & Wong, M. (2014). Sawchyn Guitars: Can an old business learn new tricks? Ivey ID: 9B13M084. Ivey Publishing.

Reading 6: Carrick, J. (2016). Invest or take: A venture capitalist’s ethical dilemma. Ivey ID: 9B16M057. Ivey Publishing.

Reading 7: Chell, E., Spence, L. J., Perrini, F., & Harris, J. D. (2016). Social entrepreneurship and business ethics: Does social equal ethical? Journal of Business Ethics, 133(4), 619–625.

Lesson 3

Reading 8: Filion, L. J. (1998). Detecting business opportunities.

Reading 9: Baron, R. A. (2006). Opportunity recognition as pattern recognition: How entrepreneurs “connect the dots” to identify new business opportunities. Academy of Management Perspectives, 20(1), 104–119.

Reading 10: Burgstone, J., & Murphy, B. (2012, July 31). Why customer pain is your most important resource. Fast Company. https://www.fastcompany.com/1844165/why-customer-pain-your-most-important-resource

Lesson 4

Reading 11: Porter, M. E. (2008). The five competitive forces that shape strategy. Harvard Business Review, 86(1), 78–93.

Reading 12: Harvard Business Review. (2008, June 30). The five competitive forces that shape strategy [Video]. YouTube. https://youtu.be/mYF2_FBCvXw

Reading 13: Pearce, M. R. (2023). Winning with marketing. Ivey ID: W34985. Ivey Publishing.

Reading 14: Gamble, E., Parker, S., Moroz, P. W., Baglole, P., & Cassidy, R. (2014). Entrepreneurial leadership at Maritime Bus. Ivey ID: 9B14C037. Ivey Publishing.

Lesson 5

Reading 15: Griffith, S. (1993). A note on financing alternatives. Ivey ID: 9A93K009. Ivey Publishing.

Reading 16: Miglo, A. (2016, June 9). Financing of entrepreneurial firms in Canada: An overview. http://dx.doi.org/10.2139/ssrn.2793613

Lesson 6

Reading 17: Legault, J. (1992, November). Business plans you can take to the bank. CA Magazine, 125(11), 28–33.

Reading 18: Brinckmann, J., & Kim, S. M. (2015). Why we plan: The impact of nascent entrepreneurs’ cognitive characteristics and human capital on business planning. Strategic Entrepreneurship Journal, 9(2), 153–166.

Lesson 7

Reading 19: King, P. T. (1999). Note on legal forms of business organization and liability and negligence law in Canada. Ivey ID: 9A99M046. Ivey Publishing.

Lesson 8

Reading 20: Alton, L. (2023, February 21). 10 reasons to hire an attorney for your business. Business.com. https://www.business.com/articles/10-reasons-to-hire-an-attorney-to-protect-your-small-business/

Supplementary Readings

Lesson 1 Supplementary Readings

Harper, S. C. (2008, August). Cracking the entrepreneurship code. Small and Medium-Sized Enterprise and Entrepreneur Review (SMEE), 1(1), 5–8.

Y Combinator. (2024, October 23). Starting a company? The key terms you should know | Startup School [Video]. YouTube. https://youtu.be/wH3TKpALlw4?si=x63-tCn3asdborUU

Lesson 2 Supplementary Readings

Kapadia, S. (2012, June 20). Surround yourself with great people—building the team. Forbes. https://www.forbes.com/sites/soniakapadia/2012/06/20/surround-yourself-with-great-people-building-the-team/#49dd8b6a5ebe

Hull, P. (2013, June 13). Talk about your idea; It won’t get stolen. Forbes. https://www.forbes.com/sites/patrickhull/2013/06/13/talk-about-your-idea-it-wont-get-stolen/#5cd12e54678e

Lesson 3 Supplementary Readings

Hindle, K. (2004). A practical strategy for discovering, evaluating and exploiting entrepreneurial opportunities: Research based action guidelines. Journal of Small Business and Entrepreneurship, 17(4), 267–276. http://0-search.ebscohost.com.aupac.lib.athabascau.ca/login.aspx?direct=true&db=edo&AN=ejs27424660&site=eds-live

Lesson 4 Supplementary Readings

Government of Canada. (2020). Key small business statistics—2020. https://ised-isde.canada.ca/site/sme-research-statistics/en/key-small-business-statistics/key-small-business-statistics-2020

Newlands, M. (2015, September 30). 6 challenges confronting every business partnership. Entrepreneur. https://www.entrepreneur.com/article/250204

King, B. L. (2016). Caught in the middle: Franchise businesses and the social media wave. Journal of Business Strategy, 37(2), 20–26. https://doi.org/10.1108/JBS-04-2015-0037

Lesson 5 Supplementary Readings

Robinson, M., & Cottrell, T. (2006). Investment patterns of informal investors in the Alberta private equity market. Journal of Small Business Management, 45(1), 47–67.

Cukier, W., Mo, G. Y., Chavoushi, Z. H., Blanchette, S., & Noshiravani, R. (2021). The state of women’s entrepreneurship in Canada 2021. Women Entrepreneurship Knowledge Hub. https://wekh.ca/wp-content/uploads/2021/08/WEKH_State_of_Womens_Entrepreneurship_in_Canada_2021.pdf

Lesson 6 Supplementary Readings

Harper, S. (2008, August). Traversing the new venture mine field: Suggestions from entrepreneurs. Small and Medium Size Enterprise and Entrepreneur Review (SMEE), 15–20.

Hendricks, D. (2014, July 7). 5 successful companies that didn’t make a dollar for 5 years. Inc. https://www.inc.com/drew-hendricks/5-successful-companies-that-didn-8217-t-make-a-dollar-for-5-years.html

Schroter, W. (2022, July 23). How long will it take to have a successful startup? Startups.com. https://www.startups.com/library/expert-advice/how-long-will-it-take-for-my-startup-to-be-successful

Lesson 7 Supplementary Readings

Kirkpatrick, E. (2013, January 28). How a narrow focus can benefit entrepreneurs. Forbes. https://www.forbes.com/sites/evankirkpatrick/2013/01/28/how-a-narrow-focus-can-benefit-entrepreneurs/#aa4077b34eb9

Evans, M. (2011, November 25). For entrepreneurs, focus is key to success. The Globe and Mail. https://www.theglobeandmail.com/report-on-business/small-business/startups/for-entrepreneurs-focus-is-key-to-success/article4184240/

Government of Canada. (2022, July 17). How to incorporate a business. https://ised-isde.canada.ca/site/corporations-canada/en/business-corporations/how-incorporate-business

Government of Canada. (2016, July 4). Federal incorporation. https://ised-isde.canada.ca/site/corporations-canada/en/federal-incorporation

Government of Canada. (2019, August 29). Registering your business with the government. https://www.canada.ca/en/services/business/start/register-with-gov.html

Lesson 8 Supplementary Readings

Government of Canada (2022, June 23). Common deductions and credits for students. https://www.canada.ca/en/revenue-agency/services/tax/individuals/segments/students/common-deductions-credits-students.html

TurboTax Canada. (2022, January 21). Does being married affect your tax rate in Canada? TurboTax. https://turbotax.intuit.ca/tips/does-being-married-affect-your-tax-rate-in-canada-444

Sound Choices. (2023, March 9). The benefits of tax-free savings accounts (TFSAs). AGF. https://www.agf.com/ca/en/insights/personal-finance/articles/article-the-benefits-of-tax-free-savings-accounts-tfsas.jsp

Supplementary Tools for the Course

OpenAI. (n.d.). Business idea generator [AI tool]. ChatGPT. https://chatgpt.com/g/g-USQWsAYs7-business-idea-generator

OpenAI. (n.d.). Business model canvas advisor [AI tool]. ChatGPT. https://chatgpt.com/g/g-ZVxZNtlWl-business-canvas-advisor

OpenAI. (n.d.). Hypotheses generator for business idea [AI tool]. ChatGPT. https://chatgpt.com/g/g-yo0BXgU0T-hypotheses-generator-for-business-idea