Dr. Donald F. Kuratko (known as Dr. K) is the Jack M. Gill Distinguished Chair of Entrepreneurship; Professor of Entrepreneurship; Executive and Academic Director, Johnson Center for Entrepreneurship & Innovation, and the Institute for Entrepreneurship & Competitive Enterprise; The Kelley School of Business, Indiana University–Bloomington. Dr Kuratko is a prominent scholar and national leader in the field of entrepreneurship, having published over 200 articles on aspects of entrepreneurship and corporate entrepreneurship. Professor Kuratko has authored or co-authored 30 books, including one of the leading entrepreneurship books, Entrepreneurship: Theory, Process, Practice, 11th edition (Cengage Publishers, 2020). In addition, Dr Kuratko has been consultant on corporate innovation and entrepreneurial strategies to a number of major corporations. Under Professor Kuratko’s leadership and with one of the most prolific entrepreneurship faculties in the world, Indiana University’s Entrepreneurship Program has consistently been ranked as the #1 university for entrepreneurship research by the Global Entrepreneurship Productivity Rankings; #1 university for Global Entrepreneurship Research in the Journal of Small Business Management 12-year analysis for entrepreneurship research productivity, and the #1 Graduate and Undergraduate Business School for Entrepreneurship (Public Institutions) by U.S. News & World Report. Professor Kuratko has been named one of the Top 25 Entrepreneurship Scholars in the world and was recipient of the Karl Vesper Entrepreneurship Pioneer Award for his dedication to developing the field of entrepreneurship. He was honored by the National Academy of Management with the Entrepreneurship Mentor Award for his exemplary mentorship to the next generation of entrepreneurship.
Over the past several decades, U.S. venture capital (VC) firms have focused their attention and i... more Over the past several decades, U.S. venture capital (VC) firms have focused their attention and investment dollars in specialized regional hubs where high-tech entrepreneurship tends to flourish. As a result, Bmain street^businesses such as retail stores, consumer services, and other non-tech businesses typically find it incredibly difficult to secure equity funding. Yet, in recent years, crowdfunding (CF) has become a viable new source of funding for entrepreneurs. Using a longitudinal assessment of VC and CF at the national, regional, and sector levels in the USA, we demonstrate how the emergence of CF has unlocked new growth opportunities for main street entrepreneurs, particularly those located in underserviced funding regions. Likewise, we expose how CF augments national and regional funding patterns by re-allocating funding to industries that VCs typically do not fund. Lastly, we discuss the practical and theoretical implications of what appears to be a shifting venture funding regime, and shed light on CF's potential role in enhancing the resurgence of main street entrepreneurship across the USA.
Through the development and extension of theories and scholars' subsequent empirical analyses... more Through the development and extension of theories and scholars' subsequent empirical analyses of significant, theoretically grounded research questions, the knowledge about corporate entrepreneurship (CE) and its successful use continues to advance. Moreover, the literature suggests important relationships between the corporate environment, managers' entrepreneurial behavior and successful implementation of corporate entrepreneurship actions. In an attempt to test some of those relationships,
The growth of “incubators” as an economic development strategy for small businesses has exploded ... more The growth of “incubators” as an economic development strategy for small businesses has exploded into a myriad of choices and options. This has confused community leaders and business people alike as to the appropriate approach for an incubator project. With such a diversity existing in the structure and purpose of incubators, a clear analysis of these new facilities would provide
This article examines the estate freeze rules of the Internal Revenue Service with respect to the... more This article examines the estate freeze rules of the Internal Revenue Service with respect to their implications for family business succession planning. Specifically, the tax impact of the valuation rules for transfers of certain interests, transfers in trust, buy-sell agreements, and lapsing rights are all reviewed in order to provide recommendations for family business planning.
This study assesses the measurement properties of a scale that measures the key internal organiza... more This study assesses the measurement properties of a scale that measures the key internal organizational factors that influence middle managers to initiate corporate entrepreneurship activities. In this study, corporate entrepreneurship is used in a broad sense to include the development and implementation of new ideas into the organization. Using this definition, this study describes an instrument used to empirically identify
Journal of Small Business Management, Jun 15, 2006
This study fills a gap in previous research by performing an in-depth analysis of 146 entrepreneu... more This study fills a gap in previous research by performing an in-depth analysis of 146 entrepreneurship centers in the United States. This two-part study looks at the
characteristics of the entire sample of entrepreneurship centers and then examines the differences between top-ranked centers and nonranked centers. The findings
indicate that top-ranked centers have three times as many endowed chairs as nonranked centers. Top-ranked centers also offer more comprehensive graduate programs.
Overall, top-ranked centers have more resources and personnel. The findings of this study will assist students, faculty, staff, administrators, directors, and other
stakeholders of entrepreneurship centers.
Journal of Leadership & Organizational Studies, 1999
While numerous authors have advanced the notion of "visionary leadership&amp... more While numerous authors have advanced the notion of "visionary leadership" during the last twenty years, the concept of "entrepreneurial leadership" has emerged as the critical factor for the 21st century corporation. This article describes the focus and strategy behind corporate entrepreneurship while presenting a framework for professionals to understand the importance of implementing entrepreneurial leadership in these organizations. The organizational
Journal of Leadership & Organizational Studies, 2007
... Corporate Entrepreneurship ... Because each link in the chain adds some value for the next li... more ... Corporate Entrepreneurship ... Because each link in the chain adds some value for the next link, the supply chain is sometimes referred to as a value chain. Effective supply chain management helps ensure a reliable supply of all input services and goods needed to serve ...
... Thus, in an entrepreneurial culture, the focus is on the future rather than the past and the ... more ... Thus, in an entrepreneurial culture, the focus is on the future rather than the past and the ... the audit as a valuable organizational tool in the next issue of Journal of Business Strategy. ... R. Duane Ireland is the corresponding author and can be contacted at direland@mays.tamu.edu. ...
As an emerging life sciences venture, gaining legitimacy (credibility) with external stakeholders... more As an emerging life sciences venture, gaining legitimacy (credibility) with external stakeholders (e.g., investors) is a critical challenge in today's environment. This quest for legitimacy relates to issues that focus on the individual, the environment, and the process. Integrating insights gained from interviews with three CEOs of life sciences companies along with the academic literature, we provide guidance for entrepreneurs
Over the past several decades, U.S. venture capital (VC) firms have focused their attention and i... more Over the past several decades, U.S. venture capital (VC) firms have focused their attention and investment dollars in specialized regional hubs where high-tech entrepreneurship tends to flourish. As a result, Bmain street^businesses such as retail stores, consumer services, and other non-tech businesses typically find it incredibly difficult to secure equity funding. Yet, in recent years, crowdfunding (CF) has become a viable new source of funding for entrepreneurs. Using a longitudinal assessment of VC and CF at the national, regional, and sector levels in the USA, we demonstrate how the emergence of CF has unlocked new growth opportunities for main street entrepreneurs, particularly those located in underserviced funding regions. Likewise, we expose how CF augments national and regional funding patterns by re-allocating funding to industries that VCs typically do not fund. Lastly, we discuss the practical and theoretical implications of what appears to be a shifting venture funding regime, and shed light on CF's potential role in enhancing the resurgence of main street entrepreneurship across the USA.
Through the development and extension of theories and scholars' subsequent empirical analyses... more Through the development and extension of theories and scholars' subsequent empirical analyses of significant, theoretically grounded research questions, the knowledge about corporate entrepreneurship (CE) and its successful use continues to advance. Moreover, the literature suggests important relationships between the corporate environment, managers' entrepreneurial behavior and successful implementation of corporate entrepreneurship actions. In an attempt to test some of those relationships,
The growth of “incubators” as an economic development strategy for small businesses has exploded ... more The growth of “incubators” as an economic development strategy for small businesses has exploded into a myriad of choices and options. This has confused community leaders and business people alike as to the appropriate approach for an incubator project. With such a diversity existing in the structure and purpose of incubators, a clear analysis of these new facilities would provide
This article examines the estate freeze rules of the Internal Revenue Service with respect to the... more This article examines the estate freeze rules of the Internal Revenue Service with respect to their implications for family business succession planning. Specifically, the tax impact of the valuation rules for transfers of certain interests, transfers in trust, buy-sell agreements, and lapsing rights are all reviewed in order to provide recommendations for family business planning.
This study assesses the measurement properties of a scale that measures the key internal organiza... more This study assesses the measurement properties of a scale that measures the key internal organizational factors that influence middle managers to initiate corporate entrepreneurship activities. In this study, corporate entrepreneurship is used in a broad sense to include the development and implementation of new ideas into the organization. Using this definition, this study describes an instrument used to empirically identify
Journal of Small Business Management, Jun 15, 2006
This study fills a gap in previous research by performing an in-depth analysis of 146 entrepreneu... more This study fills a gap in previous research by performing an in-depth analysis of 146 entrepreneurship centers in the United States. This two-part study looks at the
characteristics of the entire sample of entrepreneurship centers and then examines the differences between top-ranked centers and nonranked centers. The findings
indicate that top-ranked centers have three times as many endowed chairs as nonranked centers. Top-ranked centers also offer more comprehensive graduate programs.
Overall, top-ranked centers have more resources and personnel. The findings of this study will assist students, faculty, staff, administrators, directors, and other
stakeholders of entrepreneurship centers.
Journal of Leadership & Organizational Studies, 1999
While numerous authors have advanced the notion of "visionary leadership&amp... more While numerous authors have advanced the notion of "visionary leadership" during the last twenty years, the concept of "entrepreneurial leadership" has emerged as the critical factor for the 21st century corporation. This article describes the focus and strategy behind corporate entrepreneurship while presenting a framework for professionals to understand the importance of implementing entrepreneurial leadership in these organizations. The organizational
Journal of Leadership & Organizational Studies, 2007
... Corporate Entrepreneurship ... Because each link in the chain adds some value for the next li... more ... Corporate Entrepreneurship ... Because each link in the chain adds some value for the next link, the supply chain is sometimes referred to as a value chain. Effective supply chain management helps ensure a reliable supply of all input services and goods needed to serve ...
... Thus, in an entrepreneurial culture, the focus is on the future rather than the past and the ... more ... Thus, in an entrepreneurial culture, the focus is on the future rather than the past and the ... the audit as a valuable organizational tool in the next issue of Journal of Business Strategy. ... R. Duane Ireland is the corresponding author and can be contacted at direland@mays.tamu.edu. ...
As an emerging life sciences venture, gaining legitimacy (credibility) with external stakeholders... more As an emerging life sciences venture, gaining legitimacy (credibility) with external stakeholders (e.g., investors) is a critical challenge in today's environment. This quest for legitimacy relates to issues that focus on the individual, the environment, and the process. Integrating insights gained from interviews with three CEOs of life sciences companies along with the academic literature, we provide guidance for entrepreneurs
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characteristics of the entire sample of entrepreneurship centers and then examines the differences between top-ranked centers and nonranked centers. The findings
indicate that top-ranked centers have three times as many endowed chairs as nonranked centers. Top-ranked centers also offer more comprehensive graduate programs.
Overall, top-ranked centers have more resources and personnel. The findings of this study will assist students, faculty, staff, administrators, directors, and other
stakeholders of entrepreneurship centers.
characteristics of the entire sample of entrepreneurship centers and then examines the differences between top-ranked centers and nonranked centers. The findings
indicate that top-ranked centers have three times as many endowed chairs as nonranked centers. Top-ranked centers also offer more comprehensive graduate programs.
Overall, top-ranked centers have more resources and personnel. The findings of this study will assist students, faculty, staff, administrators, directors, and other
stakeholders of entrepreneurship centers.