Search for tag 'Entrepreneurship'

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  1. Impact of entrepreneurs on society

    Flemish entrepreneurs are committed to contributing to a better society

    The image of entrepreneurship in Flanders could be a great deal better, especially in comparison with neighbouring countries. This is why the Flemish government agency Flanders Innovation & Entrepreneurship, with the support of Flanders DC, Voka, and Unizo, is starting a multi-annual campaign to show that Flemish entrepreneurs have diverse and palpable motivations. What’s more, they often go into business to make a positive impact on their own living environments, or on society as a whole. The campaign is based on the first scientific study into the social aspects of entrepreneurship in Flanders

  2. Only 2 in 5 founders of young scale-ups pay themselves a salary

    The majority of all scale-ups in Belgium today were founded by a team, usually composed of two people who know one another well. Often, they hold a C-level position in which the directorship of the company is shared between the two. Their remuneration consists primarily of shares and cash, with shares as the primary form of remuneration, particularly in the first few years. Only two in five founders of young scale-ups actually pay themselves a salary, while only about half of all scale-ups conclude dynamic share purchase agreements from the start about the course of action to be taken should one of the founders leave the company or take up another position.

  3. Belgian High-Growth Monitor

    Belgian growth companies keep the local economy afloat

    While we are bombarded with negative news on banks, insurers and tech producers, Belgian growth companies appear to be keeping the Belgian economy afloat. They may account for a fraction of all Belgian companies with a minimum of ten employees, but they generate exponential growth in employment and productivity. This has emerged from the ‘Belgian High-Growth Monitor’, a study that analyses the evolution and characteristics of growth companies in Belgium.

  4. Broad social and international reporting on entrepreneurship in business newspaper De Tijd

    In contrast to the Flemish television news, the newspaper De Tijd pays more attention to entrepreneurship. Most items are of a financial and economic nature, just like on the television news. However, the way in which De Tijd considers entrepreneurship from a broad social perspective is notable. In almost half of the articles, entrepreneurship is seen as part of life in society. No fewer than 10% of the entrepreneurship ¬articles are about ethics and sustainability. In comparison with the television news, civil society is significantly less active in the interpretation of the news and De Tijd also pays noticeably more attention to the international context in its reports. This was shown in a study, which looks at how entrepreneurship in all its forms is covered in the Flemish newspaper De Tijd.

  5. How can entrepreneurship fight poverty?

    It is something you often read: ‘Entrepreneurship is the key to fighting poverty’. But despite all of our good intentions, projects to stimulate entrepreneurship in more impoverished areas do not always deliver the results hoped for. Of what do the people initiating these projects, such as microcredit providers, NGOs and multinationals, need to be aware? As part of his doctoral research, Jacob Vermeire went to South Africa for 12 months. He believes the answer lies in the ability to place poverty and entrepreneurship within a broader perspective.

  6. Entrepreneurial passion: how to keep the fire burning

    Theoretical and empirical studies agree that passion is a critical factor influencing entrepreneurial behaviour and performance. Some have suggested that this passion may change over time. However, empirical evidence for this claim is at best ambiguous. Moreover, research has so far given little attention to the factors influencing entrepreneurial passion. Professor Veroniek Collewaert: “Prior research has considered an entrepreneur’s passion for founding as a given and as something entrepreneurs have to make the best of. Our findings point to a key role entrepreneurs play in keeping their own fire burning.”

  7. The development patterns of newly internationalising firms

    What happens when a company decides to ‘go global’ and enter foreign markets? What are the typical growth patterns of international new ventures (INVs) as opposed to more traditional exporters? Prof Leo Sleuwaegen and researcher Jonas Onkelinx have conducted a study that provides some interesting answers.

  8. Conflict is not always bad. It’s not always good either.

    Research literature is awash with studies that describe how angel investors are involved in their portfolio ventures and the various value-adding roles they take on. But how the very nature of their involvement actually influences ventures’ performance, particularly their innovativeness, has so far not been addressed. This research paper examines how task conflicts between angel investors and entrepreneurs are related to the innovativeness of the portfolio companies in question and how this relationship is moderated by the level of agreement on priorities, diversity of entrepreneurial experience, and communication frequency.

  9. A helping hand from the government can be useful

    You sometimes hear people claim that “The government shouldn't get involved in the corporate world”. But is this actually the case? Until recently, Professor Sophie Manigart felt it was better for government bodies not to get involved in funding (young) companies. On behalf of the IWEPS, the Walloon Institute for Evaluation, Forecasting and Statistics, she carried out a comprehensive literature study into the funding of young and innovative companies and the potential role of the government in encouraging access to this funding. These days, she has a more nuanced opinion.

  10. Better climate for growth

    The findings of the very first Entrepreneurial Growth Monitor are clear: overall, the climate for expanding, buying or selling a company is better now than it was a year ago. Vlerick Professor Hans Crijns and Marc Cosaert (EY partner) are now planning to repeat this survey annually to get a feel for what’s on the minds of Flemish entrepreneurs.

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