This edited book explores how stakeholders play a key part in any entrepreneurial endeavour because of their investment in the outcome. This book highlights that it is important to understand the reason and rationale for stakeholder engagement in entrepreneurship. Furthermore, this book showcases how there are different kinds of stakeholders from businesses directly linked to an entity to others that have a more policy influence on the industry segment. This book demonstrates that it is useful to understand to what extent stakeholders influence entrepreneurial decision making.
This book states that most stakeholders tend to take an indirect role in the governance of a business in terms of what strategic decisions are made. This can change in times of crisis or change depending on the nature of the relationship. This book makes the case that stakeholders can take positive action in the form of advice or help.
This book asserts that stakeholders who have an ongoing direct role are likely to invest more time and effort in an entrepreneurial endeavour. This book uncovers that it is important to re-evaluate on a continual basis whether the relationship is working and what needs to be done in order to increase efficiency. This edited book focuses on the role of stakeholders in an entrepreneurial context thereby being amongst the first research books to place specific attention on stakeholder management through public and private partnerships.
Vanessa Ratten is an Associate Professor of Entrepreneurship and Innovation at La Trobe University. She is the Program Director of the Entrepreneurship and Innovation subjects and teaches Corporate Venturing and Managing Innovation. She has published seven sole authored books including Sport Entrepreneurship: Developing and Sustaining an Entrepreneurial Sports Culture (Springer). She has also edited more than twenty books including Entrepreneurship and the Community: A Multidisciplinary Perspective on Creativity, Social Challenges, and Business (Springer).
Vitor Braga is an Associate Professor in Management at Porto Polytechnic's School of Technology and Management at Felgueiras (ESTGF), Portugal, where he is the Director of the Business Sciences degree. In his PhD thesis in business economics (Middlesex University, London), he analyzed business cooperation in the Portuguese small and medium enterprises (SMEs). Recently, he hasbeen conducting research in entrepreneurship and, in particular, on informal cooperation mechanisms among Portuguese SMEs, as well as on innovation, institutional economics, and spatial economics. He has presented his research widely at international conferences and publishes regularly in international journals.
