Premium Essay

International Entrepreneurship

In:

Submitted By oscargalvez
Words 2374
Pages 10
International Entrepreneurship Case Report: Steam CC
Arturo Castro
May 11, 2015
Dr. Dan Hsu

Table of Contents
I. Background
II. Competitors
III. Operations
IV. Marketing
V. Advantages / Disadvantages
VI. Resources
VII. Recommendations
VIII. References

Background
The retail coffee industry was disrupted when Starbucks introduced their innovative approach to making coffee desirable again; bringing lattes, frappuccinos and espressos to a market that was previously sustained with bitter black coffee introduced an entirely new customer base for coffee to cater to. This resulted in a very profitable industry generating an estimated $36 billion in revenues and an annual growth rate of 3.8% meaning that this industry continues to be a valuable opportunity (IBISWorld). The Ripple Maker takes a personalized cup of coffee to another level, by printing ‘Ripple’ images onto the milk-froth left on the top of a coffee. Ripple began in Israel in 2013 and began to gain momentum after receiving awards at the ‘product demo of our lives!’ competition and after winning the ‘Last Gadget Standing’ competition. The Ripple Maker uses a patented coffee bean extract that uses 3D printing technologies to replicate any image onto the top of the cup. Their advantage is in the customizability of the printing which allows baristas and customers to choose from a library of images or upload their own, posting the picture on social media is almost inevitable. This report will delve into the history of this company, their business strategy and potential opportunities that this company will face in the future.

Eyal Eliav and Danny Lavie are designers and inventors who fell in love with the idea of creating a unique experience for each coffee consumer. The vision was to ripple the world with a unique and innovative way to make people’s day that much better. Coffee has had such an

Similar Documents

Premium Essay

International Business and Entrepreneurship Development

...4 5 6 7 8 9 40 1 2 3 4 5 6 711 8 J. International Business and Entrepreneurship Development, Vol. 3, No. 1/2, 2006 Sustaining competitive advantage in the global petrochemical industry: a Saudi Arabian perspective Salem M. Al-Ghamdi Department of Management and Marketing, King Fahd University of Petroleum and Minerals, P.O. Box 667, Dhahran 31261, Saudi Arabia E-mail: sghamdi@kfupm.edu.sa M. Sadiq Sohail* Department of Management and Marketing, King Fahd University of Petroleum and Minerals, PO Box 210, Dhahran 31261, Saudi Arabia E-mail: ssohail@kfupm.edu.sa E-mail: sadiqsohail@hotmail.com *Corresponding author Abstract: This paper analyses the competitive advantages of Saudi Arabia in the global petrochemical industry. Porter’s model is used for this purpose. Saudi Arabia, a leading producer of oil, is also the largest worldwide producer of a number of petrochemical products. Competitiveness in the global market demands an examination of comparative advantages and is the reason why Saudi Arabia is yet to succeed in the global market. This paper is an attempt to analyse the industry and to provide strategic alternatives. Keywords: petrochemical; Porter; Saudi Arabia; strategy. Reference to this paper should be made as follows: Al-Ghamdi, S.M. and Sadiq Sohail, M. (2006) ‘Sustaining competitive advantage in the global petrochemical industry: a Saudi Arabian perspective’, Journal for International Business and Entrepreneurship Development, Vol. 3, No. 1/2, pp.4–17....

Words: 7001 - Pages: 29

Premium Essay

Emerging Economies

...1042-2587 © 2008 by Baylor University E T&P Entrepreneurship in Emerging Economies: Where Are We Today and Where Should the Research Go in the Future Garry D. Bruton David Ahlstrom Krzysztof Obloj Emerging economies are characterized by an increasing market orientation and an expanding economic foundation. The success of many of these economies is such that they are rapidly becoming major economic forces in the world. Entrepreneurship plays a key role in this economic development. Yet to date, little is known about entrepreneurship in emerging economies. This introductory article to the special issue on entrepreneurship in emerging economies examines the literature that exists to date in this important domain. It then reviews the research that was generated as part of this special issue on this topic. The article concludes with a discussion of the critical future research needs in this area. Introduction The quantity and quality of entrepreneurship research has increased dramatically over the last 15 years. Today, entrepreneurship research is some of the most widely cited in the management discipline, with leading journals dedicated to its study and well-recognized conferences supporting its development. The methods employed and the theory foundations used in entrepreneurship today are consistent with mainstream management research. However, entrepreneurship research can still be critiqued as almost exclusively focused on North American and European research sites...

Words: 7364 - Pages: 30

Premium Essay

Entrepreneurship

...Course: Entrepreneurship ECTS: 6 Teacher: Prof. Dr. Boštjan Antončič, Assist. Tina Bratkovič Course Description The course provides an overview of the entrepreneurial process and is designed to give students an in-depth understanding of different aspects of entrepreneurship. The issues addressed in class will focus on psychological and sociological views of entrepreneurship, the identification of opportunity, entrepreneurial networks, corporate entrepreneurship and international entrepreneurship. Through a combination of lectures, case analyses, in-class discussions and exercises, the students will develop the knowledge and skills necessary for writing and presenting a business plan. |Course timetable |Topics | |Class 1 |Brainstorming session – selection of business idea (1) | |Class 2 |Brainstorming session – selection of business idea (2) | |Class 3 |Psychological and sociological views of entrepreneurship | | |Market opportunity and market analysis | |Class 4 |Entrepreneurial networks ...

Words: 291 - Pages: 2

Premium Essay

Woman Entreprenuere

...menv i n n o va i n f o r m at i o n vi 2008:23 research on women´s entrepreneurshp A presentation of the ten projects funded by the programme Title: Research on Women´s Entrepreneurship - A presentation of the ten projects funded by the programme Series: VINNOVA Information VI 2008:23 ISSN: 1650-3120 Published: December 2008 Publisher: VINNOVA – Verket för Innovationssystem / Swedish Governmental Agency for Innovation System VINNOVA Case No: 2007-02271 About VINNOVA VINNOVA, Swedish Governmental Agency for Innovation Systems. VINNOVA´s mission is to promote sustainable growth by funding needs-driven research and developing effective innovation systems. Through its activities in this field, VINNOVA aims to make a significant contribution to Sweden´s development into a leading centre of economic growth. The VINNOVA Information series includes general publications that describe VINNOVA’s activities as well as specific programme descriptions, project catalogues, annual reports, etc. Research and Innovation for Sustainable Growth. VINNOVA´s publications are published at www.VINNOVA.se I VINNOVAs publikationsserier redovisar bland andra forskare, utredare och analytiker sina projekt. Publiceringen innebär inte att VINNOVA tar ställning till framförda åsikter, slutsatser och resultat. Undantag är publikationsserien VINNOVA Policy som återger VINNOVAs synpunkter och ställningstaganden. VINNOVAs publikationer finns att beställa, läsa och ladda ner via www.VINNOVA.se. Tryckta...

Words: 7329 - Pages: 30

Premium Essay

Entrepreneurship

...Entrepreneurship is the process of starting a business or other organization. The entrepreneur cultivates a corporate model, obtains the human and other necessary means, and is completely accountable for its achievement or disappointment. Entrepreneurship functions within an entrepreneurship environment (Maier, V., & Zenovia, C. P. 2011). According to Maier, V., & Zenovia, C. P. (2011), entrepreneurship and intrapreneurship are similar because both involve an exclusive business theory that takes the form of a product, process, or service, both are ambitious by an specific supporter who works with a group to convey the perception to realization, both are based on worth formation and responsibility to a consumer, and both require possibility and necessitate risk management strategies. Entrepreneurship would be a better advantage to me in my current career. Being entrepreneur is a challenging task to take on but the outcome will be lasting and fulfilling for my family and career. The purpose for me striving to be an entrepreneur is to set a foundation for my children to make their lives better and to give people a second chance that made mistakes in life due to environmental situations and or being young and lacking knowledge. Also I dislike the interviewing process and I personally never want my children to go through it and feel rejected; therefore, I am encouraging them to attend college and obtain a degree for the purpose of adding on to the family business or opening their...

Words: 286 - Pages: 2

Premium Essay

I Think I Am/Am Not an Entrepreneur. I Am a ... Entrepreneur Because...

..."I think I am/am not an entrepreneur. I am a ... entrepreneur because...” 15/9/201 Introduction In this assignment, I will explain as to why I think I am a lifestyle entrepreneur and the reasons as to why I think I am classified as this type of entrepreneur. I will discuss what a lifestyle entrepreneur is as well as the major motivations that form an integral part of the lifestyle entrepreneur’s choice to follow the specified path. The following motivations of autonomy, family and leisure time, passion and intrinsic reward and satisfaction as well as life quality will be discussed at different stages of my assignment. I will also show how some of these motivations integrate together to form a basis for the lifestyle entrepreneur. What is a lifestyle entrepreneur? As noted by Henderson (2002:49), to support a desired lifestyle or provide a family income is reasons as to why a lifestyle entrepreneur will start a new venture. These entrepreneurs also seek independence and control over their own schedule. Whilst Mottiar (2007:67) argues that a lifestyle entrepreneur is concerned with maintaining income at a level sufficient enough to provide them and their family with adequate funds to allow them to enjoy their chosen lifestyle. As can been seen in the above, lifestyle entrepreneurs aim to make as much money as they require to live and maintain the lifestyle of their choice (Janssen-Selvadurai, 2010:187). Important components to the lifestyle entrepreneur that act as motivating...

Words: 1768 - Pages: 8

Premium Essay

Economy

...in creating a energetic and faster economy growth for the nation, the Malaysian Government has been dynamically promoting women entrepreneurship towards realizing Malaysia’s Vision 2020. However, notwithstanding the importance of this area, our group has been choose to do research in this area, to prove how much is important woman entrepreneurship in social life of Malaysia. Further, it was reported by the Ministry of Women and Family Development (2003) that Malaysian women entrepreneurs are under-represented in the business world with evidence that some undesirable development where micro-enterprises which were scaled up to bigger enterprises were subsequently managed and taken over by the husbands or other family members (Jariah & Laily, 1997). Besides that, the number of Malaysian women who make it to the international market is still small (Rafidah, 2005). They are urged to charge their mindset in line with the changing of times in the business world and are advised to start producing quality products which are capable of penetrating the global market (Azlan, 2005). 2.0 Introduction The present report is an overview on the results of our survey that was carried out in the frame of the title “INVOLVEMENT OF WOMEN IN SOCIAL ENTREPRENEURSHIP”. The main aim of the survey was to find out what problems have women to start their entrepreneurship in social life, or what influence them to start their business. Also, we can say that Malaysia presents an exciting site for...

Words: 2630 - Pages: 11

Premium Essay

The Cognitive Preferences of Successful Entrepreneurs in Malaysia

...Entrepreneurship Research, April 2008 KC Lim Contents Abstract 1. Introduction a. b. The Continuing and Evolving Research on Entrepreneurs The Importance of Successful Entrepreneurship Today and Tomorrow 3 4 4 5 2. Literature Review a. Introduction i. Definition of Entrepreneurs Previous Areas of Entrepreneurship Research i. Personality Traits • Motivation • Risk Propensity and Uncertainty ii. Cognition • Intention and Opportunity Seeking • Innovation iii. Population Ecology c. Topic for this Study/Theoretical Framework i. The Broad Research Problem 5 5 7 9 9 10 10 10 11 12 13 13 13 14 14 15 16 16 16 16 18 18 19 22 24 27 27 29 30 b. 3. Hypothesis for Research a. Hypothesis Statements 4. Methodology 5. Analysis of Survey Data a. b. Data Compilation Analysis & Findings i. Background Data of Respondents ii. Findings 1. 2. 3. 4. 5. Cognition in Basic Business Areas Do Emotions Figure? Preferences for Source of Funds Preferences in Knowledge Acquisition More Specific Business Aspects i. Holding Company Together ii. Growth Factors iii. Continual Growth . HELP University College, 28 October 2009 Page 1 of 43 Entrepreneurship Research, April 2008 KC Lim 6. Limitations 7. Recommendations 8. Conclusion 9. Appendix 10. References 32 32 33 35 36 . HELP University College, 28 October 2009 Page 2 of 43 Entrepreneurship Research, April 2008 KC Lim Abstract This paper presents the findings of a general opinion survey on successful small...

Words: 17064 - Pages: 69

Free Essay

Comparison of Entrepreneurial Activities in the Usa and China

...Bibliography 13 1 Introduction Entrepreneurship is one of a major factor influencing the economy of countries in terms of international trade, infrastructure, employment and living standards as well as capital growth. It also reflects the effectiveness of government policies. Entrepreneurship relates to national policies (taxation, regulations, ease of doing business), entrepreneurship financing (banks, government support), economic circumstances (economic freedom), marketing (competitiveness), public agency assistance (government support), and expertise etc.. The level of entrepreneurial activity not only interacts with the factors above, but also with cultural or geographical factors and regulations. Personality characteristics, behavior and motivation are also the major elements, which should be taken into consideration. There are many determinants of being or becoming self-employed which are dealt with in the literature, such as employment status, minority behavior, immigrant behavior, family firm effects and attitudinal effects (Freytak/Thurik 2006, 6). The assignment compares the level of entrepreneurial activity between the U.S. and China as these locations have contrasting characteristics regarding all these different aspects of entrepreneurial activity. It discovers and compares the reason how some of them – cultural factors, government policies, funding & financing and finally education & training – are influencing entrepreneurship in these countries. ...

Words: 3030 - Pages: 13

Premium Essay

Entrepreneurial Intention

...Erasmus University of Rotterdam Erasmus Centre for Entrepreneurship The Impact of entrepreneurship education programs on entrepreneurial intentions: An application of the theory of planned behavior Master Thesis Sofia Karali 357726 Supervisor: Pr. Dr. Roy Thurik Erasmus School of Economics Co-reader: Hendrik Halbe MSc Erasmus Centre for Entrepreneurship Erasmus School of Economics Rotterdam 2013 Abstract Though many researchers have focused on entrepreneurship education, little research has been conducted on the precise effects and overall effectiveness of the entrepreneurship education programs. Drawing on the theory of planned behavior, this study investigates the impact of entrepreneurship programs on the entrepreneurial intention of students in higher education in the Netherlands. Data for this study is drawn from GUESSS (an international project investigating the entrepreneurial spirit of students worldwide). The results show that participants of entrepreneurship education programs are more likely to have higher intention (right or five years after their studies have been completed) to found their own businesses compared to nonparticipants. Furthermore, attitude toward entrepreneurship, subjective norm, and perceived behavioral control mediate the aforementioned relationship. The findings of this report contribute both to the Theory of Planned Behavior and to the field of entrepreneurship education. 1 Contents Acknowledgements 1. Introduction 2. Literature...

Words: 10501 - Pages: 43

Premium Essay

Jnmbm

...Entrepreneurship versus Intrapreneurship1 Veronica MAIER2 Cristiana POP ZENOVIA Abstract This paper provides a review of theoretical studies on the concepts of entrepreneurship and intrapreneurship, pinpointing the similarities and differences between them. Entrepreneurship continues to thrive in almost all corners of the world. Entrepreneurs are reshaping the business environment, creating a world in which their companies play an important role in the vitality of the global economy. But there is not always necessary to establish a company in order to implement new ideas. A great potential lies in applying business principles within existing organizations. Keywords: entrepreneurship, intrapreneurship, human capital, business, leadership JEL classification: L26 Introduction Why are entrepreneurs and intrapreneurs suddenly more important today than before? An explanation to this question would be that the world is changing nowadays more rapidly under the influence of new technologies. The increasing competition hinders our work. It does not suffice anymore to stand before our competitors simply driven by our will of competing; we have to bring something new to the market. Entrepreneurs and intrapreneurs play a decisive role as they help the company (newly established or existing) to engage in new business and enter new markets. The concept of entrepreneurship is seen as the process of uncovering and developing an opportunity to create value through innovation...

Words: 2012 - Pages: 9

Premium Essay

Can Entrepreneurship Be Taught

...Introduction 3 Existing Market and E-Business 4 What is Entrepreneurship? 4 What is an Entrepreneur? 5 Who are the potential entrepreneurs? 5 Entrepreneurship as a subject 6 Conclusion 7 Reference List 8 Introduction This literature incorporates relevant quotes and theories from industry (Hospitality and Tourism) journal articles and books in attempt to deliberate: can “Entrepreneurship be taught?” Firstly, in light of the topic the meanings of both ‘entrepreneurship’ and ‘entrepreneurs’ need to be classified to create the foundation for this review. In order to answer whether about if entrepreneurship can even be taught, queries need to be made on what exactly is taught and how can it alter the mind set of attitudes towards creativity and risk; fundamental factors of an entrepreneur. In addition, the demographical target audience will also be reviewed over whether they fit into this reviews’ classification of what is an entrepreneur and whether courses can really be designed to teach the spirit of entrepreneurship. This critical review will seek to divulge the definitions of key points to the question and answer them in an argument that supports the theory that can “Entrepreneurship be taught?” Existing Market and E-Business Entrepreneurship is an important part of todays’ modern, technological and growing...

Words: 2434 - Pages: 10

Premium Essay

Rolef Enterprenuership N Nigeria

...European Journal of Business and Management ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 4, No.8, 2012 www.iiste.org The Role of Entrepreneurship in Economic Development: The Nigerian Perspective Dr. Mrs Ann Ogbo AGU CHIDIEBERE NWACHUKWU Dept. Of management, University of Nigeria, Enugu Campus. PMB 011 *E mail of the correspondence author: annogbo@yahoo.com brightchidi@yahoo.com Abstract The aim of the paper is to develop and analyse the contributions of entrepreneurship in the economic development through SME development in Nigeria. A total of 100 SMEs were randomly selected from a cross section of a population of all SMEs spread around some states of Nigeria and covering virtually all forms of enterprise. Participants were selected through a simple random sampling. The responses to the questionnaires were complemented with personal interviews of some SMEs operators. The responses of the participants were analyzed using the statistical package for social sciences (SPSS), which generated the frequency distributions, means, standard deviations, chi-square statistics, analyses of variance, etc of the responses. The hypotheses of this research which were tested at 0.05 level of significance using chi-square statistics hinged on identifying the greatest problem which SMEs face in Nigeria, the identification and ranking of the top ten problems or challenges of SMEs in Nigeria and the relationship between the form and nature of the business enterprise and its sources of funding...

Words: 7407 - Pages: 30

Premium Essay

The Role of Business Economics in National Development

...INTRODUCTION Following this introduction on Nigeria’s economic development challenge, this paper reviews business economics, outlining the relationship with innovation and social entrepreneurship. It also presents a holistic framework for economic development covering the individual, firm and macro levels, and outlines the roles of stakeholders at each level, in fostering national development. It concludes by calling on all stakeholders to play their part in leveraging entrepreneurship and all aspects of business economics to unleash the wealth of human capital that Nigeria is endowed with so that more people can participate in the transformation of Nigeria. Nigeria as the most populous country in Africa is naturally endowed with millions and millions of acres of arable land, 38.5 billion barrels of stated oil reserves, vast gas reserves, a variety of unexploited minerals, and a wealth of human capital by virtue of its estimated population of 150 million. It is the world’s eighth largest exporter of oil, and Africa’s second largest economy, after South Africa. Nigeria accounts for 15 per cent of Africa’s population, contributes 11 per cent of Africa’s total output and 16 per cent of its foreign reserves while it accounts for half of the population and more than two-thirds of the output of the West Africa sub-region. It has been at the forefront of the resolution of many political challenges in Africa. Over the last decade, Nigeria has implemented far reaching economic reforms...

Words: 2924 - Pages: 12

Free Essay

Entrepreneurs in the Informal Economy

...Introduction The father of entrepreneurship, Joseph Schumpeter (1934), defines entrepreneurship as the ability a person to innovate in implementing changes in the market by coming up with new combinations. Cassim (1982) considers the informal sector participation as “a trap associated with impoverishment” and Habib (2005) considers the informal sector participation as “the survivalist response of marginalised persons with no alternatives.” The informal sector is a part of the economy that is not under the government control and therefore any business conducted in the informal sector cannot be regulated. This paper aim is to argue against the above mentioned assertions made by Cassim and Habib. Is it true that the participation in the informal sector is associated with impoverishment? Is it true that people engage into conducting business in the informal sector because they need to survive as they have no other alternative? These two questions serve as a foundation into developing an argument against the assertions made by Cassim and Habib about the informal sector’s participation. The argument reflects on the entrepreneurial potential and dynamics in the informal sector. This paper firstly discusses Cassim’s and Habib’s assertions to have a general understanding of what they meant. This is then followed by a brief overview of the South African informal sector and an argument against those assertions will be provided using useful example of informal sector participation’s...

Words: 2121 - Pages: 9