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Thomas M. Cooney

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Thomas M. Cooney

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Edited by Cyrine Ben-Hafaïedh and Thomas M. Cooney

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Cyrine Ben-Hafaïedh and Thomas M. Cooney

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Edited by Cyrine Ben-Hafaïedh and Thomas M. Cooney

This book reinforces the value and importance of entrepreneurial teams within the entrepreneurship literature. The expert group of contributors identifies and develops various key areas of research on entrepreneurship teams and suggests the way ahead for future research in the area. The contributors expand on the existing literature on entrepreneurial teams by first revisiting the most recent framework applied to entrepreneurial teams (that is the Inputs-Mediators-Outputs-Inputs model) and then advancing our understanding of issues such as formation, structuring, deep-level diversity and emergent states. The book additionally considers different contexts of application with reference to their commonalities and specificities and investigates under-researched areas such as entrepreneurial teams within indigenous communities, ethnically diverse groups and women entrepreneurs. The contributors present practice-relevant research and offer researchers a platform from which they can explore new insights into the phenomenon of entrepreneurial teams.
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Mary Wanjiru Kinoti, Moses Kibe Kihiko and Thomas M. Cooney

While female entrepreneurship and entrepreneurial teams are now commonly studied, little work has been undertaken in women’s entrepreneurial teams in developing countries. This study analyses the impact of the Women Enterprise Fund, which was established by the Kenyan government to address the issue of poverty and unemployment amongst the country’s female population. To ensure that the government funds maximized the number of women that participated in the initiative, a loan was offered to teams (or groups) of at least ten women and therefore the programme became known as the Government Loaned Entrepreneurship Teams (GLETs) initiative. The research found that illiteracy among many GLETs resulted in difficulties with the loan application process, the repayment of the loan through the bank, and with proper record keeping. The research also found that the government should finance women’s group assets rather than giving money to provide incentives, and that they should reduce the tax and interest rate for women and encourage greater levels of export activity. The GLETs also require business mentors who can work closely with them to implement what they have learned in training. The chapter additionally offers some thoughts on how the findings from this research can provide insights into women’s entrepreneurship and entrepreneurial teams internationally.