Sunday, 10 May 2015

The Impact of age on entrepreneurial women in Australia




This research is conducted to view whether age has a difference on the career decisions of women
using Australia as an example. The rise of women entrepreneurs cannot be overlooked with women from all over the world at the moment and in developing countries opting to start their own businesses instead of working in a corporation.

Effectuation and Over Trust




This articles critiques Sara Sarasvathy effectuation theory. The article states that effectuation supposes over trust and yet Sara Sarasvathy claims that trust is irrelevant to an effectual entrepreneur. In response to her work the article point out some of the shortcoming of the assumptions made by Sara Sarasvathy. Also the article disagrees with her claims that studying psychological characteristics of entrepreneurs is irrelevant to add to the theories of entrepreneurship.

International Entrepreneurship




The purpose of that study was to see and understand the process of internationalization of medium and small sized firms through the effectuation theory. The study shows how unlike before small firms are able to operate outside of their nations and as stated in its finding effectuation theory focuses on the entrepreneurs’ ability to create opportunities together with network partners and is a useful tool to understand the development in the born global firm.

a critique of growth model


Growth is a major aspect for any business, especially start-ups. In this article the growth model “ The five stages of small business Growth” by Churchill & Lewis 1983 is criticised .  The five stages include: Existence, Survival, Success, Take-off and resource Maturity.


start-up presentation

Copy of Copy of Presentation - Studio

Friday, 8 May 2015

Top 10 revision tips

Hi guys,
Here is 10 basic but essential tips for this last revision week before the final exam :

1) Give yourself enough time to study
2) Organize your study space
3) Use flow charts and diagrams
4) Practice on old exams
5) Explain your answers to others
6) Organize study groups with friends
7) Take regular breaks
8) Snack on 'brain food'
9) Plan your exam day
10) Drink plenty of water

Good luck everyone and...

Saturday, 2 May 2015

6 reasons why you should quit Facebook.

Hey guys, 

Check out this article: 6 Reasons Why You Should Quit Facebook

Especially point #1!

"I joined Facebook in 2007, roughly eight years ago. On average I’d spend one hour on Facebook every weekday and an additional two on Saturday and Sunday, totalling 10 hours a week, or one of my average work days. That’s 4,160 hours over my Facebook life, equating to 173 days continuously, or 24 weeks, or six whole months of my life spent on Facebook."

I realized I was spending way too much time on social media lately and I wasn't getting anything from it! Just a time killer. So I'm on a social media detox for a few weeks until after exams, hopefully my productivity will improve :)

Frank Knight: Responsibility & Control

Hi all, 

Does anyone have a helpful interpretation / explanation of Knight's responsibility and control theory in the owner-managed firm? My notes on this are a little sparse...

According to Knight, control and responsibility both rest with the owner. If ownership is divided within the firm among several people, do these people share the control and responsibility? Along with sharing uncertainty?

Please let me know if you have anything to share on this topic!