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    RESEARCHINGENTREPRENEURSHIP

    Session 1:Getting Started

    Dr. Ingrid Verheul

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    COURSE OBJECTIVES

    Setting a first step in the direction of your Master Thesis:

    Clarification of procedures (session 1)

    This course: Researching Entrepreneurship

    Beyond this course: Master thesis graduation

    Refresh your memory

    Getting started (session 1)

    Methodology (session 2)

    Writing (session 3)

    Get you in the right mood (topic & thesis-wise)

    Match you with a thesis supervisor

    3 meetings with your supervisor (week 44/45; week 48; week 49/50)

    Provide you with a (preliminary) topic Work towards your research proposal

    To be handed in Tuesday Dec. 20th (before 11.00)

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    THIS COURSE: SCHEDULE

    Date Deadline/Topic Location

    Week 44/45 1st meeting thesis supervisor

    Nov. 11 Plenary class I: "Getting Started" VB-47

    Nov. 18 Plenary class II: "Methodology" VB-47

    Nov. 25 Plenary class III: "Writing" VB-47

    Week 48 2nd meeting thesis supervisor

    Week 49/50 3rd meeting thesis supervisor

    Dec.20th 11.00 DEADLINE Eship Research Proposal

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    ABOUT THE MASTER THESIS

    Check this out!!!

    www.eur.nl/rsmmastergraduation

    http://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduation
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    MASTER THESIS ASSESSMENT

    www.eur.nl/rsmmastergraduation

    http://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduation
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    8 STEPS TO GRADUATION .

    Identify a research question & project

    design (Master thesis proposal)Step 1 Write a critical reviewStep 2

    Define concepts & conceptual frameworkStep 3

    Collect & analyze research dataStep 4 Define, evaluate & interpret resultsStep 5

    Write a persuasive & well-structured thesisStep 6

    Research ethics & process managementStep 7 Master thesis presentation & oral defenseStep 8

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    FORMAT RESEARCH PROPOSAL (DEC.20)

    Course assessment through Research Proposal (100%)

    Content Research Proposal:

    Times New Roman, single-spaced, font size 12

    Max. 10 pages

    excl. reference list & appendices

    excl. title page with topic, course, supervisor, student name & number

    This research proposal can be regarded the first draft of your thesis proposal

    Front cover Working title/ Student details / Supervisor & co-reader/ Abstract or executivesummary

    Introduction & problemstatement

    a. Short overview of problem and its relevance supported by key references to putthe problem in a certain domain and field of research

    b. Motivation of the problem statement in terms of gap to fill

    Research objectives Contribution of the study: how will you fill the gap? Present your research question(s)

    Literature review More extensive overview of relevant literature, leading up to conceptual model &hypotheses (in case of theory testing)

    Research design Short description of design strategy & sampling design (what information do youneed/use & how will you get it). Is it feasible?

    Schedule Reasonable time plan & deliverables. When do you plan to graduate?

    References Literature list according to academic standard (e.g. AMJ)

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    BUILDING BLOCKS: RESEARCH PROPOSAL

    Problem Statement What are we talking about?

    Define & illustrate the management dilemma Within a scholarly domain of research

    Motivation & Research Objectives What do we know about the topic?

    Set the scene and describe the context

    What do we NOT know about the topic? Identify a GAP!

    What is the purpose of the study? Research objectives: to fill in the gap

    Can be formulated as research question(s)

    Why is it important? Theoretical contribution

    Relevance: who can benefit?

    Research Design (plenary session 2)

    How to achieve the research objectives? Design strategy (How to collect the data; How to analyze the data) Sampling design (Target population & sample?)

    Time table & constraints

    Choice depends on nature of the research question

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    Anchor for the thesis (for you, supervisor & co-reader)

    4 ECTS

    Contents?

    Set the scene & describe context

    Research objectives

    Contribution to research: what is the research gap?

    Contribution to practice: to whom & why is this study important?

    Research question(s)

    Conceptual model

    Research design

    Provisional literature list

    Time table

    Thesis proposal form

    Download online: www.eur.nl/rsmmastergraduation

    Signed by supervisor & co-reader

    Hand in 2 months before graduation date/month

    FORMAT MASTER THESIS PROPOSAL (2 MONTHS BEFORE GRADUATION)

    http://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduation
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    FORMAT MASTER THESIS

    50-70 pages

    English

    Flawless

    plagiarism

    30,000 words

    Cover Page

    Preface (incl. disclaimer)

    Executive Summary

    Table of Contents

    1. Introduction

    2. Theory

    3. Methodology

    4. Results

    5. Conclusion

    Reference List

    Appendices

    Keep personal motives & story out of the thesis (or put them in the preface)

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    THESIS PROCESS: FROM START TO FINISH

    Thesis proposal form

    EA check &notification

    Thesis defense form Final thesis

    Electronic thesis tocoach/co-reader

    Graduation day!!!

    Manage yourself! Your supervisor is not going to keep track of (your) time & deadlines!

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    GRADUATION DATES

    Check: www.eur.nl/rsmmastergraduation

    Deadline thesis proposal form

    Graduation dates:1. June 2012 (fast)2. September 2012 (aim!)3. December 2012 (still ok)4. March 2013 (late)5. June 2013 (very late)

    Keep in mind that your Master grades expire in 3 years

    http://www.eur.nl/rsmmastergraduationhttp://www.eur.nl/rsmmastergraduation
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    GAP PART I: THE SETTING

    National, regional and local economic development agencies are using formal entrepreneurialmentoring programs as one of their assistance programs offered to entrepreneurs and smallbusiness owners (Bisk, 2002).This study examines formal entrepreneurial mentoring; a third party providing the match betweenmentors and entrepreneurs. A mentor is an essential asset for a growing company; he/she canwarn of problems at the horizon, help craft solutions to problems and be a sounding board for the

    entrepreneur (Cull, 2006). Part of a mentors role is to assist entrepreneurs develop and grow theirbusinesses (Sullivan, 2000).Having a mentor could be very beneficial for a starting entrepreneur, especially if the mentor is anexperienced entrepreneur (Cull, 2006). Mentoring support using experienced entrepreneurs shouldbe effective in overcoming the crucial early stage learning period when new entrepreneurs have tolearn how to handle change, crises and have to make strategic decisions (Deakins et al., 1997).

    Master thesis Isabelle Coppens (June 2011)

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    GAP PART II: IDENTIFICATION OF THE GAP

    When the matching process is provided by a third party, as in formal mentoring programs, matchmaking is almostalways based on a set of criteria (Hale, 2000). However, up to date there is no agreement on the most effective

    matchmaking approach (Hale, 2000). This study on formal mentoring aims to determine relevant factors forsuccessfully matching entrepreneurs and mentors.

    This research contributes to the existing literature in several ways. First, it makes an important contribution to the

    existing general mentoring literature by looking into the determinants of matching success. Although the conceptof mentoring has received a lot of attention by scholars, only a few looked into the matching process (e.g. Hale,2000; Bozeman & Feeney, 2008; Gray & Goregaokar, 2010). A reason for why the topic of mentor-protege matchmay have drawn little attention is that a significant number of mentoring relationships originate as a part of formalprograms, with mentors and proteges choices playing little or no role (Bozeman & Feeney, 2008. The current

    study aims to determine possible success factors in the process of mentor matching through a third party, byreviewing feedback from both proteges and mentors.

    Such research, from both mentor and protege perspective, is called for repeatedly but is conducted rarely(Wanberg, Kammeyer-Mueller & Marchese, 2006). Allen, Eby & Lentz (2006) identified this gap, the exclusion ofthe mentors perspective, in the literature as well. Mentors are a key component to any formal mentoring effort and

    the failure to examine their perceptions provides an incomplete picture of formal mentoring programs (Allen, Eby,& Lentz, 2006). Therefore this study takes both the protege and mentor perspectives into account whendetermining possible factors for success of the match.

    Mentoring within the organizational setting is researched and reported in depth (Burke, 1984; Kram, 1985; Noe,1988; Chao, Walz & Gardner, 1992; Fagenon-Eland, Marks & Amendola, 1997; Ragins & Cotton, 1999). There isa small but growing industry of firms and organizations offering training or promoting various mentoring programsfor entrepreneurs (Bisk, 2002). However research on the subject of mentoring within an entrepreneurial contextis lacking. This research would like to answer the call for further research by Waters et al. (2002) regardingmentoring in an entrepreneurial context.

    Master thesis Isabelle Coppens (June 2011)

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    HOW TO FIND A RESEARCH GAP ?

    1

    2

    3

    Missing dimensions or links

    Conflicting theoreticalexplanations or empirical evidence

    New domain, empirical setting

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    HOW TO FIND LITERATURE ?

    Check the more recent issues of top journals in the library (title, abstract, full

    text) For full text articles go to: http://www.eur.nl/ub

    Electronic journals (ABI-Inform, JSTOR, EBSCO, Science Direct, WileyInterscience, Swetswise)

    A specific E-journal via Catalogue & Full title journal

    Other studies that used the ideas of specific author via Web of Science

    (under databanks)

    Other data sources: annual reports; Business monitor online, Reuters

    Business Insights, LexisNexis, etc.

    Find more recent scholarly contributions and links to researcher websites via:Google Scholar

    http://scholar.google.nl

    Standing on the Shoulder of giantS

    http://www.eur.nl/ubhttp://scholar.google.nl/http://scholar.google.nl/http://scholar.google.nl/http://scholar.google.nl/http://www.eur.nl/ub
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    RANKING THE SOURCES

    Inc. Magazine Frontiers of EntrepreneurshipResearch

    Textbook: Introduction toEntrepreneurship

    Harvard Business Review Sprout Lecture: Foundations ofEntrepreneurship

    SSRN paper* Journal of Business Venturing De Telegraaf

    Academy of ManagementJournal

    EIM** Report International Entrepreneurshipand Management Journal

    * Social Science Research Network

    ** EIM = Research Institute for Entrepreneurship & Small Business

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    WHAT TO USE TO SUPPORT HYPOTHESES?

    Academy of Management Journal

    Journal of Business Venturing

    International Entrepreneurship and Management Journal

    Frontiers of Entrepreneurship Research

    SSRN working paper / EIM Research Reports

    For an official ranking of academic journals, check the ERIM Journal List (www.erim.eur.nl)

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    WHAT TO USE TO SHOW WHY THE TOPIC IS INTERESTING?

    Harvard Business Review

    Inc. Magazine / Sprout

    Wall Street Journal

    De Telegraaf

    If you do not have a(n) (up-to-date) research problem yet, go to the websites of these journals for inspiration.

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    IMPORTANT JOURNALS IN ENTREPRENEURSHIP

    Core Entrepreneurship:

    Journal of Business Venturing

    Strategic Entrepreneurship Journal

    Small Business Economics

    Entrepreneurship: Theory & Practice

    Journal of Small Business Management

    International Small Business Journal

    Entrepreneurship and Regional Development

    Attention for Eship & Related Topics:

    Academy of Management Journal

    Academy of Management Review

    Regional Studies

    Journal of Management

    Harvard Business Review

    Other Relevant Sources:

    Frontiers of Entrepreneurship Research (http://digitalknowledge.babson.edu/fer)

    EIM Research Reports (www.ondernemerschap.nl)

    http://digitalknowledge.babson.edu/ferhttp://www.ondernemerschap.nl/http://www.ondernemerschap.nl/http://digitalknowledge.babson.edu/ferhttp://digitalknowledge.babson.edu/fer
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    How to go

    from numbers

    (i.e., practical relevance)to a conceptual model?

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    ILLUSTRATION: Gender differences in start-up capital

    40

    19

    16

    13

    3

    9

    27

    12

    8

    26

    9

    18

    0

    5

    10

    15

    20

    25

    30

    35

    40

    45

    50000

    Source: EIM

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    THE PROBLEM STATEMENT

    Discuss the importance / size of the phenomena under study:

    Female entrepreneurs

    33% of all Dutch entrepreneurs is female

    35,000 business started each year, etc.

    Start-up capital

    Acquiring capital is problem for starting entrepreneurs

    Start-up capital important for venture performance

    Combine the phenomena into a problem statement

    Undercapitalization: female entrepreneurs at a disadvantage .?

    Aim: explain the lower amount of start-up capital of women

    Go more in-depth into the problem: What holds women entrepreneurs back?

    Preference Ability

    Need

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    RELATING CONCEPTS .

    What is the relationship?

    For example: positive, negative, curvilinear???

    Data shows a negative effect of gender (female) on start-up capital

    What explains this relationship?

    Why does gender (female) have a negative effect on start-up capital?What are the (theoretical) arguments?

    What do we already know about the effect?

    What did prior studies found on the relationship?

    What do empirical studies show?

    Is there consensus?

    How have prior studies studied this relationship?

    Which methodology / data is used? (survey, case study, etc.)

    How are the concepts measured? (numerical or categories, currency, one-time investment?,etc.)

    Context of the study? (country, industry, etc.)

    In sum: what is the contribution of your study to the solution of the puzzle?

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    Authors Independent Dependent Method Sample Outcomes Controls Theoretical

    arguments

    A & B (1999) Gender(0=male;1 = female)

    Start-up capital(in thousands)

    Quantitativestudy

    N=551 Negativeeffect (offemale)

    Industry

    C (2005) Gender (0 =

    female;1=male)

    Amount of bank

    credit

    Quantitative

    study

    N=12,000 Positive effect

    (of male)

    Industry

    FulltimeExperience

    D et al. (1988) women andmen inservices

    Total amount ofstart-up capital(personalfunds+bankloan)

    Case study N=5 Negativeeffect

    E and F (2000) Gender

    (0=male;1=female)

    Start-up capital

    (categories:< 5,000; 5,000-10,000; >10,000)

    Quantitative

    study

    N=1,200 No significant

    effect

    Industry

    Risk attitudeTime investedNetworking

    RECOMMENDATION: DRAFT TABLES OF EMPIRICAL STUDIES

    Note that these numbers and references are fictitious and just serve as an example.

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    CONCEPTUAL MODEL?

    v1

    v2

    _

    ?

    ?

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    MODERATION: UNDER WHICH CONDITIONS YOU FIND AN EFFECT?

    ?

    Independent variable Dependent variable

    Moderating variable

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    MEDIATION: SOMETHING ELSE EXPLAINS THE EFFECT

    ?

    Independent variable Dependent variableMediating variable

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    STEPS IN BUILDING A THEORETICAL MODEL: 4 Ws

    WHICH?

    Which factors impact my dependent variable?

    WHAT?

    What is the effect of the independent variable on the dependentvariable?

    WHY/HOW?

    Why/how does the independent variable have this effect?

    WHEN?

    Under which conditions does this effect (not) take place?

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    HYPOTHESES: RIGHT OR WRONG?

    H1: Gender has an effect on the amount of start-up

    capitalH1: Female entrepreneurs start with a lower amount of

    start-up capital than male entrepreneurs.

    H2: Industry moderates the effect of female gender on the sizeof the start-up capital

    H2: Working in manufacturing negatively moderates the effect ofgender (female) on the size of the start-up capital.

    H3: The negative effect of female gender on the amountof start-up capital is smaller for entrepreneurs working in

    manufacturing than for entrepreneurs in other industries.H3: The negative effect of female gender on the amount

    of start-up capital is smaller for entrepreneurs working inmanufacturing than for entrepreneurs in other industries.

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    MORE ABOUT HYPOTHESES

    Specific way of stating the research question

    Assumes a clear direction (positive, negative, curvilinear)

    It may also take the form of a cause-effect statement:

    if X then Y

    Common pitfalls:

    Hypotheses are not properly formulated

    Hypotheses do not follow from theoretical arguments

    Hypotheses are not linked to the conceptual model

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    WHAT COMES FIRST: THEORY OR DATA?

    Observation Findings PropositionsTheorybuilding

    InductionTypical of qualitative research (bottom-up)

    DeductionTypical of quantitative research (top-down)

    Theories Hypothesis TestingExplanation

    or

    Prediction

    Both approaches require knowledge of literature & original contribution

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    FROM HEADLESS CHICKEN TO ..?

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    DEDUCTIVE RESEARCH

    Researchquestion What is it that I want to explain?

    theory

    What are common explanations? What knowledge is missing?

    hypotheses

    What is my explanation?

    What are my concrete expectations?

    Datacollection

    How do I operationalize my concepts?

    Where can I find data to test my hypotheses?

    Findings Do the results support / reject my hypotheses?

    Revision What do my findings imply for theory & future research?

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    INDUCTIVE RESEARCH

    Gatherinformation

    What phenomenon are you interested in? Study the phenomenon in its natural setting (talk, observe)

    Askquestions

    Look for emerging themes and answers What is going on here?

    Look forpatterns

    Look for common themes within & across cases

    Developtheory

    Interpret & draw conclusions Make sense of your findings

    Comparetheory

    Compare your insights with those of other theories