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This paper aims to identify the opportunities for them to manage this type of company within the Indonesian context.

This paper features descriptive multi-case analyses with a qualitative approach being used to gather and analyze data through in-depth interviews with several Indonesian family business owners having experience of succession.

The participation of women in family business management in several major Indonesian cities is quite extensive, especially for those who are highly educated. Similarly, the benefits of involving women in the management of family businesses are quite high because of their personal traits of patience, fastidiousness, tenacity and thriftiness. What is required is to provide wider access for Indonesian women to corporate management positions, broaden their participation in family businesses, secure a controlling role for women and increase women’s knowledge and skills so as to increase the benefit to family company management and its ability to face global competition.

A conceptual framework demonstrating the various stages of succession planning related to gender equality, which provide women with an opportunity to form the next generation of family business leaders is provided.

Presents the empirical findings regarding the ethical attitudes of business people in four culturally and economically different countries (Russia, Slovenia, Turkey, and the United States) based on the assumptions of integrative social contracts theory. Given the quality of institutions in the four surveyed countries and the quality of economic interactions, it was anticipated that the United States would rank the highest in ethical attitudes, followed by Slovenia and Turkey, and then Russia. The hypothesis was largely confirmed with some interesting, situationally induced, exceptions.

Given today’s hypercompetitive global economy, it is important to understand the ethical attitudes and standards of entrepreneurs in the US as well as in the other parts of the world. This study of ethical attitudes and standards is grounded in theory and previous research. One hundred and sixty‐five entrepreneurs from the US and 159 entrepreneurs from Russia were surveyed using a measuring instrument containing binary response questions, scenarios and comprehensive demographic information. The study confirmed our expectations and indicated that entrepreneurs in the US and Russia are different with respect to their ethical codes and attitudes.

This article has been withdrawn as it was published elsewhere and accidentally duplicated. The original article can be seen here: 10.1108/08858629210035427. When citing the article, please cite: Robert D. Hisrich, (1992), “The Need for Marketing in Entrepreneurship”, Journal of Business & Industrial Marketing, Vol. 7 Iss: 3, pp. 53 - 57.

To understand the development of a market‐oriented economy in Hungary from a previously‐centrally‐planned one, it is necessary to look at events occurring from 1947 to 1982, and from 1982 to the present, encompassing Hungary's democratic transformation.

For a woman entrepreneur, the risks of starting and operating a business are increased by being in a male dominated arena, having few role models and lacking confidence in some business skills. To be successful she needs to establish a track record. Necessary education and business training should be obtained. Occupational experience in middle management or technical areas is beneficial. Before starting up the family situation should be assessed. A strong moral support system of family, friends, clients and business associates should be established. She must be determined to succeed and work hard in a professional manner. Research findings from a mail survey and personal interviews with a sample of women entrepreneurs in the US, Puerto Rico, Ireland and Northern Ireland are presented.

This study explores the relationship between the antecedent influences – composed of personal background, educational and occupational experiences, motivations, skills and knowledge, of women entrepreneurs and the growth of their ventures. Findings from this longitudinal study shows experience, business skills, and personal factors do affect the future growth of women‐owned enterprises.

Despite the recognized importance of entrepreneurship for organizational wealth creation, research has devoted minimal attention to investigating this area. This study contributes to a better understanding of the relationship between corporate entrepreneurship and wealth creation by developing and testing a normative model, which clarifies the nature of the influences of corporate entrepreneurship and its environmental and organizational antecedents on organizational performance. The findings of structural equation modeling, based on mail survey data from 477 Slovenian firms, demonstrate that corporate entrepreneurship and some its contingencies make a difference in organizational wealth creation, growth and profitability.

Venture capital is a major source of financing for entrepreneurial businesses. Given the importance of venture capital financing to venture creation and regional economic development, it is not surprising that venture capital has emerged as a topic of interest to entrepreneurs and public policy makers, as well as a subject of some academic research. This research has mainly focused on the composition of venture capital fund portfolios, decision‐making criteria used by venture capitalists, and the post‐investment role of the venture capitalists. The role of the investor in the venture capital fund — the people whose money fuels the entire process — has been largely ignored (Fried & Hisrich, 1988).

The nation of Hungary has been a model of a transforming socialist state. Yet recently Hungary has followed the trend in other transforming Eastern European countries by electing a socialist parliament majority (Economist, 1994). This vote may be a reflection of how the Hungarian people feel about the reforms which are impacting their social welfare. Market and economic reforms are linked in a cycle where an improving economic environment should help firms adopt a philosophy of directing resources to meet the needs of the customers. In return, when the customer feels that their needs are being met, they are more likely to vote into control those who will allow the free market to meet their needs. Hungarian firms adoption of a market orientation, or a focus on meeting the needs of the customer, is a vital link in that nation's movement to free market reform.