xMakhlouf

The Entrepreneurial Reach

Synopsis

The main theme of this book is that entrepreneurship has become a global phenomenon, having spread widely throughout the world, and is considered a major force behind economic prosperity, job growth, and wealth creation. Its close relationship with the introduction of innovative products, new business models, and production technologies has added to its mystique and broad appeal. In addition to the growing interest in business-oriented entrepreneurship, there has been a revival, in recent years, of interest in social entrepreneurship which aims at introducing radical innovative solutions to social and environmental problems that the free market and governments have failed to address or solve. This book discusses the state of entrepreneurship from both the domestic and global perspectives. It also explores how entrepreneurial enterprises can establish and sustain a culture of innovation that would increase their competitive advantage and prospects for long-term survival and growth. The thesis in this presentation is that entrepreneurship and innovation are inseparable; and that small/ entrepreneurial firms often have an advantage over many large firms in innovating and introducing desirable changes. Three chapters are devoted to introducing potential entrepreneurs to different kinds of entrepreneurship, mainly social entrepreneurship, e-entrepreneurship, and international entrepreneurship. This exposure makes it possible for them to choose from these alternatives in planning their new ventures. What these different types of entrepreneurship have in common is that they provide individuals – who have entrepreneurial spirit, zeal and skills- with an opportunity to introduce their innovative ideas, models, and technologies that would make a difference in the marketplace or in society at large. An added contribution of this book is the appendices that present a step-by-step guide to planning new ventures, factors that are considered in seeking and getting bank loans as a part of the start-up capital, and export procedures and guidelines. These appendices are presented in a simple and clear manner in order to ease the concerns of those who have no prior experience in starting a business or in getting into the global market as exporters of goods and services.

Chapter 1. Entrepreneurship in America: An Overview

Chapter 2. Conceptual Foundations of Entrepreneurship

Chapter 3. Innovation and Entrepreneurship

Chapter 4. The Path to Innovation and Creativity

Chapter 5. E-entrepreneurship

Chapter 6. Social Entrepreneurship

Chapter 7. International Entrepreneurship

Chapter 8. Entrepreneurship in India and China

Chapter 9. Leading and Managing a Growing Firm

Chapter 10. The Last Word

Appendix I. Steps in Planning an Entrepreneurial Venture

Appendix II. Getting a Bank Loan. What Your Bank Likes to Know

Appendix III. The Entrepreneur’s Guide To Exporting

About Author

Falih M. Alsaaty

Dr. Falih M. Alsaaty is Professor of Management in the Department of Management, Marketing, and Public Administration at the College of Business, Bowie State University. He, in cooperation with other faculty members, played the key role in the creation of the College’s MBA Program. Dr. Alsaaty received his MBA and PhD degrees from the Graduate School of Business Administration (Stern School of Business), New York University, New York. Prior to joining the University, Dr. Alsaaty was Professor of Management and Director of the International Business Center at the University of the District of Columbia, Washington, DC. He has extensive teaching and research experience in the fields of Management, Business Strategy, and Entrepreneurship. He taught in a number of universities in the United States and abroad, including the American University, Washington, DC; Baghdad University, Baghdad, Iraq; and Jordan University, Amman, Jordan. He also served in a few other organizations, including the World Bank, Washington, DC. Dr. Alsaaty has numerous publications in professional journals and several books.

Hany H. Makhlouf

Hany H. Makhlouf is a Professor Emeritus at the School of Business and Public Administration of the University of the District of Columbia in Washington, D. C. He has served as a Professor of Management and International Business , Department Chair, and Director of the Master of Business Administration and the Master of Public Administration Programs in the same institution, published over 60 journal and newspaper articles, and co-authored three books. He has also taught at George Washington University, and served as a Research Associate at the American University in Washington, D. C. He earned his Master’s degree from the University of Rhode Island, and his Ph. D. degree from the American University.