1. Entrepreneurial Models
" Learning is acquiring new or modifying existing knowledge, behaviours, skills, values or preferences and may involve synthesizing different types of information.“
Andrew Turnbull
Aberdeen Business School

2. Model One A: Kuratko & Hodges The Creative Thinking Process

3. Model One B: Churchill, N. The Opportunity Ladder
The new business venturing into the unknown
A small problem A becomes medium sized problem B, becomes large problem C
Each needs more in the way of new skills and relies less on current skills

4. Model Two: Moore, C. The Entrepreneurial Process

5. Model Three: Davidsson, P. Economic-Psychological Model

6. Model Four: Gibb & Ritchie Mair Start Up Model

7. Model Five: Ansoffian Model (see also ‘Pettigrew’s Triangle’)
Where are we now?
Mission Aims, Goals, Objectives
Where are we going?
Review of internal environment (strengths, weaknesses) and external environment (opportunities, threats)
Strategic choice
How do we get there?
Implementation Monitor Reappraisal

8. Model Six: Eickhoff, M. & Jakob, C. The Business Evolution Process

9. Model Seven: Birkinshaw, J. Freedom v. Control in Enterprise Growth

10. Model Eight: Burns, P. Cycling

11. Model Nine a: Greiner, L. Five Growth Stages

12. Model Nine b: Scott & Bruce Managerial Stages
Five Stages: Inception, Survival, Growth, Expansion, Maturity Management Role: Direct supervision, supervised supervision, delegation/ coordination, decentralisation, decentralisation Management Style: Entrepreneurial/individualistic, entrepreneurial/ administrative, entrepreneurial/coordinated, professional/administrative, watchdog Organisation Structure: Unstructured, simple, functional/centralised, functional/ decentralised, decentralised/functional/product

13. Model Ten: McDonald, M. Knowledge Entrepreneurship

14. Model Eleven: Nicholls, A. The 7 Cs of the Entrepreneur’s Role
The entrepreneur needs to be a:
Creator – inventor of new/original ideas
Catalyst – inspiring others/creating synergies
Coordinator – mobilising/harmonising action
Contributor – supporting, enabling and enhancing at the ‘interface’
Calculator – monitor, change, engineer
Champion – acting as advocate for the cause
Communicator – people focused and change oriented, articulating the transformation

15. Other Models! Porter’s 5 Forces
Wickham’s ‘The Strategic Window (of Opportunity)’ (Chapter 22:Strategic Entrepreneurship, 4th ed.
Bygrave’s ‘Ten Ds’
Carson (& Gilmore) ‘SME stages of marketing growth’
What can you find? Original is good!