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Running Head: ANNOTATED BIBLIOGRAPHY
Annotated Bibliography
Author’s Name
Institutional Affiliation
Date
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ANNOTATED BIBLIOGRAPHY
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Business Plan Resources
Wynne, H. S. (2016). 4 Wynne's Boating Manufacturing Company: A Market Analysis and
Business Plan for Northwest Arkansas.
The article focuses on the development of a business plan for a new manufacturing
business from North Arkansas. It also highlights the importance of market analysis that the
venture will be set up. In North Arkansas, the growth perspective paints an encouraging picture
for a new start-up business. The speculation of market growth is determined by the growth
ability of the regions and also looking into other firms that have invested in the region. Some of
the companies like Walmart, Tyson foods and J.B Hunt are indicators for growth in the region.
Block, J. H., Kohn, K., Miller, D., & Ullrich, K. (2015). Necessity entrepreneurship and
competitive strategy. Small Business Economics, 44(1), 37-54.
The authors focus on startup business through competitive analysis s that the business can
be able to develop a competitive strategy. Most of the firms use to compete with other firms
either through cost leadership or product differentiation. The study explores how these choices
are demonstrated founded on necessity. So, the results on 4568 startups showed that if the
business was created for necessity, the entrepreneurs pursue cost leadership strategy and show
less likeliness to pursue differentiation. Further, decomposition analyses indicate that the
difference in choice of strategy is attributed to the human capital endowment, socioeconomic
status and the characteristic of the project that relates to necessity.
Bertoni, F., D'Adda, D., & Grilli, L. (2016). Cherry-picking or frog-kissing? A theoretical
analysis of how investors select entrepreneurial ventures in thin venture capital markets. Small
Business Economics, 46(3), 391-405.
ANNOTATED BIBLIOGRAPHY
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The authors looked into the funding choices of entrepreneurs and how they obtain the
capital. The articles explore a model that analyses different entrepreneurial ventures and how
they actively seek and obtain capital. The model assumes that the venture capital markets are thin
and investors seek to invest in ventures that are in need rather than the best performers at that
time. That is because they have greater hopes that that ventures will grow and give them return in
future. Also, the best performers will select out in the market compared to those in need. In
Europe, entrepreneurial firms do not look for venture capital investment and the investors do not
have the same cherry-picking ability like in the US. The different such resources can be of help
to determine the best place to locate the business.
Albayrak, T. (2015). Importance-performance competitor analysis (IPCA): a study of hospitality
companies. International Journal of Hospitality Management, 48, 135-142.
The author looks into the importance of competition and the role it plays in enhancing
productivity. There is a need to empower competitive awareness within businesses to give an
understanding of the core importance of social entrepreneurship. Further, the chapter attempts to
look into cooperatives and the competitive concerns and how they focus on them, in a particular
way with the aim to achieve objectives. Some of the objectives include growth and increased
market share need to pay attention to the competition to help strategize on the competitive edge
of a business. The findings showed that growing cooperatives and competitive alliance
strengthen the gain of feedback and insights into the performance value of social
entrepreneurship. The chapter gives insights into the key roles of strategies to give feedback to
continuous improvemen...