SBANC
Newsletter
May
09, 2006
Issue 420-2006
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QUOTE
"One
of the marks of excellent people is that they never compare
themselves with others. They only compare themselves with themselves
and with their past accomplishments and future potential."
-- Brian
Tracy
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FEATURE
PAPER
Women-Owned Firms and Growth
The
following paper was presented at the 2006 USASBE/SBI
Conference held in Tucson, Arizona. It was written
by Susan Coleman, of the University of Hartford.
Abstract
This
study uses data from the Federal Reserve’s Survey of Small
Business Finances to compare
women-owned growth firms to women-owned non-growth firms. In addition,
women-owned
growth firms were compared to a sample of men-owned growth firms
to determine if the same
factors contribute to growth in both. Results reveal that human
capital in the form of prior
business experience and financial capital in the form of access
to debt capital were predictors of
growth for both women- and men-owned firms.
Introduction
The
objective of this research has been to compare the performance
of women-owned growth and non-growth firms to determine which
factors are associated with growth. As a further step, a
sample of men-owned growth firms were compared to men-owned non-growth firms
to see if the same factors that contribute to growth in women-owned
firms also contribute to growth in menowned
firms. These results reveal that growth-oriented firms are more likely to have
loans. This finding is consistent with prior research which seems
to suggest that access to capital is one of
the conditions required for growth. In terms of human capital, the owners of
growth firms had significantly more years of prior business experience
than the owners of non-growth firms. This
is also consistent with prior research that attests to the relationship between
the entrepreneur’s
level of human capital and firm performance.
Read
the Entire Paper... |
CONFERENCES
U.S.D.C.
|
| Who: |
U.S.
Department of Commerce
|
| What: |
China
Business Conference
|
| Where: |
Cleveland,
Ohio, USA |
| When: |
May
22-24, 2006
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|
|
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IBFR
|
| Who: |
Institute
for Business and Finance Research
|
| What: |
The
2006 Global Conference on Business and Finance (GCBF)
|
| Where: |
Hotel
Herradura: Golf Resort and Conference Center in San
Jose, Costa Rica |
| When: |
May
31-June 3, 2006 |
|
|
|
IPSI
|
| Who: |
Internet,
Processing, Systems, and Interdisciplinary (Research)
|
| What: |
IPSI
2006 - Montreal
|
| Where: |
Montreal,
Quebec, Canada |
| When: |
June
30-July 3, 2006 |
|
|
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MEI
|
| Who: |
Management,
Engineering and Informatics
|
| What: |
2nd
International Symposium on Management, Engineering
and Informatics
|
| Where: |
Orlando,
Florida, USA |
| When: |
July
16-19, 2006 |
|
|
|
AMA
|
| Who: |
Atlantic
Marketing Association
|
| What: |
Annual
Meeting
|
| Where: |
Francis
Marion Hotel in Charelston, South Carolina, USA |
| When: |
September
27-30, 2006 |
|
|
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CALLS FOR PAPERS
CG
|
| Who: |
Common
Ground
|
| What: |
International
Conference on Interdisciplinary Social Sciences
|
| Where: |
University
of the Aegean, Island of Rhodes, Greece |
| When: |
July
18-21, 2006 |
Submission
Deadline:
May 15, 2006
|
|
|
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SBI
|
| Who: |
Small
Business Institute
|
| What: |
Mid
Year Meeting
|
| Where: |
Louisville,
Kentucky, USA |
| When: |
October
12-15, 2006 |
Submission
Deadline:
May 15, 2006
|
|
|
|
AIMS
|
| Who: |
Association
of Indian Management Scholars International
|
| What: |
Seventh
International Conference on
Operations and Quantitative Management
|
| Where: |
Hotel
Mansingh,
Jaipur, India |
| When: |
August
3-5, 2006 |
Submission
Deadline:
May 31, 2006
|
|
|
|
ISBE
|
| Who: |
Institute
for Small Business & Entrepreneursip |
| What: |
29th
Annual Conference
|
| Where: |
University
of Glamorgan in Wales, UK |
| When: |
October
31-November 2, 2006 |
Submission
Deadline:
May 31, 2006
|
|
|
|
AGB
|
| Who: |
Association
for Global Business |
| What: |
18th
International Conference
|
| Where: |
Hyatt
Regency, Newport Beach, California, USA |
| When: |
November
16 - 19, 2006 |
Submission
Deadline:
June 30, 2006
|
|
|
|
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TIP
OF THE WEEK
Resources for
Women Entrepreneurs
Today,
the growth in the number of female entrepreneurs is over twice
the rate for men. And the growth of minority female entrepreneurs
is even higher. According to the National Foundation for Women
Business Owners, "there are an estimated 10.6 million privately-held
firms in the country." These firms employ 19.1 million people
and generate sales of $2.46 trillion. More than 1 million minority-women-owned
businesses produce more than $180 billion in sales. We have included
a few helpful organizations and websites that will provide training,
resources, assistance, and possibly even help in securing funding.
Most of these organizations have local chapters and centers to
help you directly in your own community. Finding other women
dreaming the same dream and possibly even a few mentors may be
an incredible boost to your business.
• National Association of Women Business Owners (NAWBO) http://www.nawbo.org ; (800) 55-NAWBO • National Foundation for Women Business Owners (NFWBO) http://www.nwfbo.org ; (202) 638-3060 •
Organization of Women in International Trade (OWIT) http://www.owit.org • Women's Business Centers (listing of centers by state) http://www.onlinewbc.gov
| J.D.
Ryan and Gail P. Hiduke. Small Business: An Entrepreneur's
Business Plan Seventh Edition. United
States of America: Thomson South-Western,
Inc. 179. |
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The
SBANC Newsletter is provided as a service to the members of our
affiliates: Academy of Collegiate Marketing Educators (ACME), Association
for Small Business & Entrepreneurship (ASBE), Federation of
Business Disciplines (FBD), International Council for Small Business
(ICSB), Institute for Supply Management (ISM), The International
Small Business Congress (ISBC), Marketing Management Association
(MMA), Small Business Administration (SBA), Service Corps of Retired
Executives (SCORE), Small Business Institute (SBI), Society for
Marketing Advances (SMA), United States Association for Small Business & Entrepreneurship
(USASBE), U.S. Department of Veterans Affairs (VA).. If you are
interested in membership or would like further information on one
of our affiliates, please see our web site at http://www.sbaer.uca.edu
SBANC STAFF
Main Office Phone: (501) 450-5300
Dr.
Don B. Bradley III, Executive Director of SBANC & Professor
of Marketing;
Direct Phone: (501) 450-5345
Brandon
Tabor, Development Intern
Tyler
Farrar, Development Intern
Garion
McCoy, Development Intern
To subscribe or unsubscribe to the
SBANC Newsletter, please E-mail SBANC at sbanc@uca.edu
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