Expertise
In the dynamic landscape of entrepreneurship, several key areas emerge as focal points for innovation and social impact. These include new venture creation, social entrepreneurship, corporate venturing, and entrepreneurial marketing. Each of these domains plays a crucial role in shaping the entrepreneurial ecosystem, particularly in addressing pressing global challenges such as poverty and resource allocation.
New Venture Creation and Social Entrepreneurship
New venture creation is at the heart of entrepreneurship, involving the process of transforming innovative ideas into viable businesses. This process is often intertwined with social entrepreneurship, which seeks to create social value alongside financial returns. Social entrepreneurs leverage innovative solutions to tackle societal issues, from education and healthcare to environmental sustainability. Their work not only drives economic growth but also fosters community resilience and empowerment.
Corporate Venturing and Entrepreneurial Marketing
Corporate venturing represents a strategic approach where established companies invest in or collaborate with startups to drive innovation. This symbiotic relationship allows corporations to tap into fresh ideas and agile practices while providing startups with the resources and market access they need to scale. Entrepreneurial marketing, on the other hand, focuses on the unique marketing strategies employed by startups, emphasizing creativity, agility, and customer engagement. This approach is essential for new ventures looking to differentiate themselves in competitive markets.
Entrepreneurship and Poverty
The intersection of entrepreneurship and poverty is a critical area of study, as entrepreneurship is often seen as a pathway out of poverty. By fostering entrepreneurial skills and providing access to resources, communities can empower individuals to create their own economic opportunities. Research in this field explores how entrepreneurial initiatives can alleviate poverty and promote sustainable development, particularly in underserved populations.
Pedagogy for Creativity and Entrepreneurship
Education plays a pivotal role in nurturing the next generation of entrepreneurs. Pedagogy for creativity and entrepreneurship emphasizes experiential learning, encouraging students to engage in hands-on projects that foster innovation and problem-solving skills. This approach not only equips students with the necessary tools to succeed in business but also cultivates a mindset geared towards creativity and resilience.
Venture Emergence and Opportunity Recognition
Understanding how ventures emerge and how entrepreneurs recognize opportunities is fundamental to the entrepreneurial process. Opportunity recognition involves identifying gaps in the market and leveraging personal insights to create solutions. This skill is crucial for entrepreneurs aiming to navigate the complexities of launching a new venture successfully.
Resourcing Strategies
Effective resourcing strategies are vital for startups to thrive. Entrepreneurs must navigate various challenges, including securing funding, building teams, and accessing networks. Strategic resource allocation can significantly impact a venture’s growth trajectory, making it essential for entrepreneurs to develop robust plans that align with their business goals.
At the Keough School
Michael H. Morris is a distinguished faculty member at the Keough School’s McKenna Center for Human Development and Global Business at the University of Notre Dame. His expertise spans various aspects of entrepreneurship, making him a valuable asset to the academic community and beyond.
Courses
Morris teaches courses that delve into the intricacies of entrepreneurship, focusing on practical applications and real-world challenges. His teaching philosophy emphasizes experiential learning, encouraging students to engage with the material actively and apply their knowledge in meaningful ways.
Research and Publications
Morris’s contributions to the field of entrepreneurship are extensive. He has authored 14 books, 26 book chapters, and over 140 articles in peer-reviewed journals. His work has significantly influenced the understanding of entrepreneurship, particularly in the context of poverty and social impact. As a co-editor of the Prentice-Hall Entrepreneurship Series and the editor of the Journal of Developmental Entrepreneurship, Morris continues to shape the discourse around entrepreneurship education and practice.
Recent Work
Morris’s recent publications reflect his commitment to addressing the challenges faced by entrepreneurs, particularly those operating in adverse conditions. Some notable articles include:
- “The Entrepreneurial Mindset and Poverty” (2021), which explores the relationship between entrepreneurial thinking and poverty alleviation.
- “Familiness and Innovation Outcomes in Family Firms” (2021), examining how family dynamics influence innovation in businesses.
- “Following in Footsteps that Inspire: Parental Passion, Family Communication Patterns, and Children’s Entrepreneurial Attitudes” (2021), which investigates the impact of family on children’s entrepreneurial aspirations.
His work on the “Liability of Poorness” highlights the unique challenges faced by poverty entrepreneurs, advocating for more equitable support systems.
Biography
Morris’s dedication to empowering entrepreneurs in challenging environments is evident in his research, teaching, and community engagement. At Notre Dame, he has initiated several impactful programs, including the Global Partnership for Poverty and Entrepreneurship and the Urban Poverty and Business Initiative, which aim to support low-income individuals in developing their businesses.
He also coordinates the Entrepreneurship Empowerment in South Africa Program, providing students with opportunities to work alongside historically disadvantaged entrepreneurs in Cape Town. His efforts have garnered recognition, including a mayoral proclamation for his leadership in the South Bend Entrepreneurship and Adversity Program, which has graduated over 200 participants.
Morris’s accolades include serving as past president of the United States Association for Small Business and Entrepreneurship (USASBE) and receiving the Edwin & Gloria Appel Prize for his contributions to entrepreneurship. His impact on the field has been recognized through various awards, including the 2021 Legacy Award from the Global Consortium of Entrepreneurship Centers.
In the Media
Morris’s work has been featured in various media outlets, highlighting his contributions to entrepreneurship education and social impact. His insights continue to inspire educators, entrepreneurs, and policymakers alike, reinforcing the importance of fostering an entrepreneurial mindset in addressing global challenges.
News
Morris remains actively engaged in the entrepreneurial community, contributing to discussions on best practices and innovative approaches to entrepreneurship education. His ongoing research and initiatives reflect a commitment to creating a more inclusive and equitable entrepreneurial landscape.