Erratum

Developing Attitudes Toward an Entrepreneurial Career Through Mentoring

Mentoring is reputed to support the career choices and development of individuals in various contexts. This study is one of the few that investigates the effect of mentoring on career satisfaction and retention of novice entrepreneurs. We surveyed 360 novice entrepreneurs who had been supported by a mentor. Our analyses demonstrate the direct effect of mentoring on entrepreneurial self-efficacy, which mediates the relationship between satisfaction of being an entrepreneur and the intention of staying in the profession. Moreover, mentoring not only has an indirect effect on satisfaction; it seems to have a negative direct effect on intention. This result could possibly be due to the awareness of novices regarding the limitations of their initial business project. Given that entrepreneurs are closely tied to their business project, mentoring should come earlier in the entrepreneurial process in order to influence career satisfaction and retention of novice entrepreneur.

BALANCING CAPABILITY BUILDING FOR RADICAL AND INCREMENTAL INNOVATIONS

This paper explores the kind of learning that creates capabilities needed in incremental and radical innovation development. The empirical evidence is based on four innovation-related development projects, implemented through enterprise-student team collaboration. It seems that the richness of innovation and learning processes affects the diverseness of developed capabilities. The goal of innovation development drives learning and capability building, while improved capabilities help adopt challenging goals that stimulate a new level of learning. The process emphasising analysis, planning and analytical knowledge creates capabilities resulting in incremental inventions. The innovation process that focuses on experimentation and utilisation of other knowledge types facilitates capability building resulting in inventions that are radical in nature. These two process types are not contrary but complementary options to develop solutions to satisfy the expressed and unexpressed needs of customers. This paper presents views on how to interconnect these processes characterised by divergent rhythms.