Shouting from the Ivory Tower

Professor Per Davidsson, Director of ACE

One of the missions of the Australian Centre for Entrepreneurship Research (ACE) is to make research-based knowledge on entrepreneurship accessible and useful to practitioners. The question is how to best do that? One way we have tried is to write up short summaries of findings from academic research in newsletter stories and “research vignettes”. Not knowing quite how well that works, and being researchers, we actually did some research on how to communicate research. The result is an article by the title “Shouting from the Ivory tower: a marketing approach to improve communication of academic research to entrepreneurs” by Paul Steffens, Clinton Weeks, Lauren Isaak and myself which has now been accepted for publication in one of the leading academic journals, Entrepreneurship Theory & Practice. Ironically, this is of course the type of article and journal that practitioners don’t read, so hopefully the following little summary can reach more people. So, here it goes: Read more

Invitation to the launch of the Brisbane Business Excellence Roundtables

Thursday 17 October 2013 5.45pm for 6pm start – 7.30pm

to be held at QUT Gardens Point: The OJW Room, Level 12, S Block

Brisbane is a great place to do business and the Business Excellence Roundtables will bring experienced facilitators and business owners together to help businesses to improve and grow.  Running a small business is hard and sometimes lonely so why not explore how these groups of 8 to 12 business owners and professional business facilitators can help your buisness grow. Read more

ACE Bootcamp – Call for Expressions of Interest

 

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As a means of establishing and sustaining an international top position in entrepreneurship research, the Australian Centre for Entrepreneurship Research (ACE)  hosts the “ACE Paper Development Bootcamp” in December of each year.

The Bootcamp is aimed at providing an opportunity for researchers to focus on the crafting and development of existing paper drafts, conference papers, previously rejected manuscripts and other file drawer ‘orphans’. Bootcamp participants include staff on all levels, from PhD students and early career researchers to full professors. With a number of leading conferences having paper deadlines in early in the year, including Academy of Management, this is an ideal time to focus on the development of your papers.

This year so far we can confirm that Frederic Delmar will join our group of ‘celebrity visitors’ and as in past years Dean Shepherd, Per Davidsson and Paul Steffens will chair sessions and offer mentoring Read more

Venture Debt Financing: Determinants of the Lending Decision

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Friday 18 October 2013  –  3:00 pm to 5:00 pm at the QUT Gardens Point Campus,  

Presented by Gaétan de Rassenfosse – University of Melbourne, Australia

We provide the first empirical evidence on the determinants of the lending decision of venture debt firms, specialized institutions that provide loans to finance growth of high-tech startups. Building on existing field interviews and case studies, we design a choice experiment of the lending decision and conduct experiments with 55 senior venture lenders. We find support for the hypothesis that backing by venture capital firms substitutes for startups’ cash flow. Furthermore, we illustrate the signaling effect of patents and their role as collateral to facilitate the lending decision. Read more

Home-grown ideas driving METS success

New research has revealed that Australian Mining Equipment, Technology and Service (METS) providers might be smaller in scale than their international rivals, but they make more money from new, cutting-edge products.

QUT researchers from the Australian Centre for Entrepreneurship Research conducted a large survey of Australian METS to build a more accurate profile of the innovation and internationalisation in the sector.

Lead researcher Dr Henri Burgers said the study revealed Aussie METS are active innovators.

“The METS sector is dominated by small and medium-sized enterprises – 88 per cent of the firms, which are predominantly Australian-owned – 79 per cent of the firms,” Dr Burgers said.

“METS firms are active in innovation, with 90 per cent of the firms investing in R&D. This leads Read more