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Innovation & technology
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Wikipedia founder offers cost-cutting tips to print newspapers
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Jimmy Wales is the founder of Wikipedia and has a few tips for newspapers on how to cut costs. One way is to start by looking at the topics reporters are covering and figuring out how to tap into other sources for information. Wales really points to the Wikipedia business model in how to be successful in cutting costs. More at MediaPost.com, 4/21/09: (Article posted on 4/28/2009)
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Economy and society
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Tesco joins optimists in suggesting recession is over
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British retailer Tesco has reported a 15% increase in sales for the last fiscal year. The largest retailer in Britian, which operates in Britain, the U.S., and Asia, predicts a rebound in global consumer spending, as well as growing sales and profits for its 2009 fiscal year. Tesco is just one of many retailers who say the worst of the recession appears to be over. More at WSJ.com, 4/22/09: (Article posted on 4/28/2009)
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Lifestyles
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Iraqis involvement in social networks may help gain stability
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Twitter co-founder Jack Dorsey traveled to Iraq with other Web executives to inspire future Iraqi Web entrepreneurs. Dorsey hopes that services such as Twitter can help bring transparency, accessibility, and stability in an area with unreliable Internet service. Many Iraqis access the Internet primarily through mobile phones, using services such as Twitter. More at Cellular-News.com, 4/22/09: (Article posted on 4/28/2009)
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B2B
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Relationship between viral videos and marketing budgets
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Viral video is a popular topic because the promise of free distribution is tempting. It’s been found that the majority of executions that were successful were made on low budgets by TV commercial standards, but high budgets in the do-it-yourself category. Is budget is tight, make sure you know how much you can spend on viral video. More at Marketingsherpa.com, 4/7/09: (Article posted on 4/20/2009)
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B2C
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Major brands adapt to Twitter effect
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Major companies have slowly started to adapt to Twitter. For instance, Dominos and Amazon both faced customer complains in the past week, and have handed the thousands of tweets regarding the incidents in different ways. Dominos established a Twitter account to respond to complaints, while Amazon refused comment. More at LATimes.com, 4/20/09: (Article posted on 4/28/2009)
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New Ventures
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Twitter revenues may come from local search
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The buzz over potential money making schemes for Twitter is almost constant, including everything from AdSense to premium accounts. The latest idea is for Twitter to implement local search and then monetize it, resulting in more user generated content. Supporters of the new plan recommend that the micro-blogging company try beta testing with restaurants to gauge the possible success of local search. More at localsearchnews.net, 4/8/09: (Article posted on 4/20/2009)
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Management & strategy
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Lack of necessity leads to closing of GeoCities
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GeoCities is a personal home page service by Yahoo that is closing down. It was popular back when publishing meant creating your own website. However, the trend is now shifting away from expression through isolated web pages to social networking sites like Facebook. More at CNET News.com, 4/23/09: (Article posted on 4/28/2009)
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Learning issues
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University of Alabama professor introduces the $10 business
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Dr. Craig Armstrong is generating much acclaim for his innovative teaching strategy based on the $10 business. First year entrepreneurial students are instructed to start businesses with no more than $10 as capital. By the end of the semester the average profit per student was $200 and the highest earner made over $2,200 in five weeks. More at icsb.org, 3/10/09: (Article posted on 4/20/2009)
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On Wall Street
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Contracting Operations – Apple
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Apple let go about 1,600 employees during the second fiscal quarter. They now have 14,000 full-time equivalent workers. Only one store was opened during the quarter, and Apple explains they are cutting back on the number of stores opened in 2009. More at CNET News.com, 4/23/09: (Article posted on 4/28/2009)
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Ethics, law, policy
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France against EU telecommunications bill
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French President Nicolas Sarkozy is trying to block a European Union telecommunications bill that would undermine the French law that allows Internet providers to cut off service to illegal downloaders. The bill will enable regulators to separate dominant phone companies from their networks. The bill is currently being debated. More at NYTimes.com, 4/20/09: (Article posted on 4/28/2009)
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Research & publications
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Journal of Business Venturing, Volume 24, Issue 3
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Corporate entrepreneurship: Current research and future directions
Phillip H. Phan, Mike Wright, Deniz Ucbasaran, Wee-Liang Tan
Structural differentiation and corporate venturing: The moderating role of formal and informal integration mechanisms
J. Henri Burgers, Justin J.P. Jansen, Frans A.J. Van den Bosch, Henk W. Volberda
Intra-organizational networking for innovation-based corporate entrepreneurship
Donna J. Kelley, Lois Peters, Gina Colarelli O'Connor
Managers' corporate entrepreneurial actions: Examining perception and position
Jeffrey S. Hornsby, Donald F. Kuratko, Dean A. Shepherd, Jennifer P. Bott
How do threshold firms sustain corporate entrepreneurship? The role of boards and absorptive capacity
Shaker A. Zahra, Igor Filatotchev, Mike Wright
Developing the selection and valuation capabilities through learning: The case of corporate venture capital
Yi Yang, V.K. Narayanan, Shaker Zahra
Corporate venture capital and the balance of risks and rewards for portfolio companies
Markku V.J. Maula, Erkko Autio, Gordon C. Murray (Article posted on 4/28/2009)
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Career development
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Potential MySpace CEO invested in Facebook
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Owen Van Natta is rumored to be in the final stages of becoming MySpace’s new CEO. Van Natta was formerly a business development executive at Amazon, the chief revenue officer at Facebook, and the CEO of Playlist.com. Van Natta owns a significant percentage of Facebook stock, and many are wondering why he would join competitor MySpace. More at TechCrunch.com, 4/23/09: (Article posted on 4/28/2009)
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TOCs, meetings, calls
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CALL - International Journal of Entrepreneurial Venturing
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"The Family-Driven Entrepreneurial Venture: Is There a Link Between the Family Background and the Entrepreneurial Behaviour of a Family Business?" First paper submission deadline: 30 August, 2009 A guide for authors, sample copies and other relevant information for submitting papers are available on the Author Guidelines page: http://www.inderscience.com/mapper.php?id=31 (Article posted on 4/28/2009)
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Fun stuff
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Burger King rewards Facebook friend elimination
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Crispin Porter and Bogusky have created a Facebook application aiding users in their quest to eliminate surplus “friends” from his or her profile. The app rewards users with a coupon for a free Whopper every time he or she manages to remove ten friends. Just to drive the point home the application then sends the eliminated party a notice letting them know that he or she is wanted less than a Whopper. More at adweek.com, 1/8/09: (Article posted on 1/12/2009)
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