Effective Entrepreneurial Management

This textbook provides a comprehensive overview of the essential issues in effective entrepreneurial management. It first introduces readers to the fundamentals of entrepreneurial management, the nature of entrepreneurial managers and business planning, before exploring the specific topics of creativity and innovation, risk management, entrepreneurial marketing and organization as well as financing. The authors then move to contemporary topics such as entrepreneurial growth strategies, e-commerce challenges, ethical and socially responsible entrepreneurial management, franchising, and managing entrepreneurial family ventures. Each chapter provides a case study and several practice-based examples to help explain the concepts.

By providing a truly international approach, this text offers ample theoretical and empirical insights into entrepreneurship and small business management. It is a valuable and up-to-date resource for teachers and students of entrepreneurship.

• Bootstrap Finance
• Business Angels
• Business Ethics
• Business Plan
• Case Studies
• Corporate Social Responsibility
• Distribution Channels
• Entrepreneurial Managers
• Entrepreneurship
• Family Businesses
• Franchising
• Imitators
• Innovators
• Joint Ventures
• Organizational Forms
• Product Life Cycle
• Risk Management
• Succession Planning
• Venture Capital

“A brilliant and inspiring masterpiece — long-awaited contribution to the literature.” (Léo-Paul Dana, Professor, Montpellier Business School, France, Marie Curie Fellow, Princeton University, US, Editor of Int. J. Entrepreneurship and Small Business)

“In Effective Entrepreneurial Management, Hisrich and Ramadani explain what those terms mean and how to carry them out ... . This book takes readers through the startup process as well as what happens next. ... This book helps you to avoid the mistakes others have made, and introduces you to the steps that are more likely to help you achieve your goals ... .” (Frank Hoy, Professor, Director of the Collaborative for Entrepreneurship & Innovation at Worcester Polytechnic Institute, US)

“This book is a long awaited addition to the entrepreneurship field as it provides a succinct understanding about effective entrepreneurial management. The book covers the challenges and business planning that managers face to how creativityand risk management is conducted. It then explores finance and growth to e-commerce and ethics implications. The last section about family business and succession management highlights how important it is for managers to think entrepreneurial in their businesses. I highly recommend this book for entrepreneurs and managers who want a good understanding about the issues they face in their firms.” (Vanessa Ratten, Assoc. Professor, Management and Marketing Department, La Trobe University, Australia)

• College of Business Administration Kent State University, Kent, USA

  Robert D. Hisrich

• Faculty of Business and Economics, South-East European University, Tetovo, Macedonia

  Veland Ramadani

Robert D. Hisrich is the Bridgestone Chair of International Marketing and Associate Dean of Graduate and International Programs at the College of Business Administration at Kent State University. He holds a B.A. from DePauw University and an M.B.A. and a doctorate from the University of Cincinnati. Professor Hisrich’s research pursuits are focused on entrepreneurship and venture creation: entrepreneurial ethics, corporate entrepreneurship, women and minority entrepreneurs, venture financing, and global venture creation. He teaches courses and seminars in these areas, as well as in marketing management, and product planning and development. His interest in global management and entrepreneurship resulted in two Fulbright Fellowships in Budapest, Hungary, honorary degrees from Chuvash State University (Russia) and University of Miskolc (Hungary), and being a visiting faculty member in universities in Austria, Australia, Ireland, and Slovenia. Professor Hisrich serves on the editorial boards of several prominent journals in entrepreneurial scholarship, is on several boards of directors, and is author or coauthor of over 300 research articles appearing in journals such as Journal of Marketing, Journal of Marketing Research, Journal of Business Venturing, Journal of Developmental Entrepreneurship, and Entrepreneurship Theory and Practice. Professor Hisrich has authored or coauthored 41 books or their editions, including Marketing: A Practical Management Approach; How to Fix and Prevent the 13 Biggest Problems That Derail Business; International Entrepreneurship: Starting, Developing and Managing a Global Venture (3rd edition), and Technology Entrepreneurship: Value Creation, Protection, and Capture (2nd edition).

Veland Ramadani is an Associate Professor at South-East European University, Republic of Macedonia where he teaches both undergraduate and postgraduate courses in entrepreneurship and small business management. Hisresearch interests include entrepreneurship, small business management, family businesses and venture capital investments. He authored or co-authored around eighty research articles and fifteen books, including Entrepreneurship and Management in an Islamic Context; Female Entrepreneurship in Transition Economies: Trends and Challenges; Family Businesses in Transition Economies: Management, Succession and Internationalization; Entrepreneurship in the Balkans: Diversity, Support and Prospects; Direct Marketing and Small Business; Business Angels (in Albanian language); Entrepreneurship and Small Business Management (in Albanian language) and Venture Capital and Small Business (in Macedonian language). Besides serving as an Associate Editor of International Journal of Entrepreneurship and Small Business (IJESB) and International Journal of Technology Transfer and Commercialisation (IJTTC), Dr. Ramadani serves on the editorial and review boards of several journals from the field of entrepreneurship and management. Dr. Ramadani received the Award for Excellence 2016 – Outstanding Paper by Emerald Group Publishing (Journal of Enterprising Communities: People and Places in the Global Economy). 

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