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Successful and Unsuccessful Routes for Entrepreneurs: Lessons From an Entrepreneurial Regional Project Program
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Author(s): Susana Cristina Serrano Fernandes Rodrigues (Centre of Applied Research in Management and Economics, Polytechnic Institute of Leiria, Portugal), Vitor Hugo Ferreira (CDRSPt, Polytechnic Institute of Leiria, Portugal)and Gabriel Silva (ISCAC, Coimbra Business School, Polytechnic Institute of Coimbra, Portugal)
Copyright: 2020
Pages: 24
Source title:
Handbook of Research on Approaches to Alternative Entrepreneurship Opportunities
Source Author(s)/Editor(s): José Guilherme Leitão Dantas (CARME, School of Technology and Management, Polytechnic of Leiria, Portugal)and Luísa Cagica Carvalho (Instituto Politécnico de Setúbal, Portugal & CEFAGE, University of Évora, Portugal)
DOI: 10.4018/978-1-7998-1981-3.ch005
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Abstract
There is significant research on entrepreneurs, but little on financed entrepreneurial project programs at the regional level. This chapter attempts to identify which of the several activities developed in the “Leiria Entrepreneurial Project Program” helped to promote business acceleration and to identify successful and unsuccessful routes for the stimulus of the entrepreneurship activity. Secondary and primary data were collected. The results reveal that “Mentoring,” “Participation in Workshops,” and “Conferences” activities are the most important to stimulate the spirit of entrepreneurship. The entrepreneurs' success route lies on the competencies of the business promoters, on multidisciplinary teams capable of creating a product/service, and on the maturity of the business idea planning in all its phases. The entrepreneur's failure path lies on the inability to clearly identify the business idea, its development, and its implementation. The findings provide an important theoretical and managerial contributions.
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