Professor Noel Lindsay

Biography/ Background

At 16, Noel Lindsay dropped out of school to start his first business which initially succeeded but then failed. Learning from this failure prompted him to complete his high school education of an evening while working during the day and then enter University. After completing his PhD in Commerce at The University of Queensland, Noel co-founded, developed, and harvested successful businesses in Australia, South Africa, and Malaysia. He also worked in corporate insolvency and then private equity as a Director of a successful venture capital firm that invested $1m-$3m in growth-oriented entrepreneurial ventures. As Professor of Entrepreneurship and Commercialisation and Director of the Entrepreneurship, Commercialisation and Innovation Centre (ECIC) at The University of Adelaide, he leads a team that teaches and undertakes research in the areas of entrepreneurship, innovation, technology commercialisation, and project management. Noel is a Fellow of, and holds a Practicing Certificate with, CPA Australia and is an Affiliate of the Institute of Chartered Accountants in Australia.

The Entrepreneurship, Commercialisation & Innovation Centre's (ECIC) Mission is to foster innovation through entrepreneurship, commercialisation, and project management, research, teaching, and community and industry engagement activities.

Visit the ECIC website:  http://www.ecic.adelaide.edu.au/about/ 

Qualifications

Bachelor of Commerce
Bachelor of Commerce (Honours)
Doctor of Philosophy (Qld)

Teaching Interests

Entrepreneurship, venture financing, business planning

Research Interests

Entrepreneurship (business and social including Indigenous), venture finance

Publications

Recent Research Activities:  Since 2004

Book Chapters

• Kropp, Fredric, Lindsay, N.J., and Hancock, G. (2010). Cultural context as a moderator of private entrepreneurship investment behavior. Handbook of Research into New Venture Creation, edited by K. Klyver and K. Hindle, Edward Elgar Publishing (forthcoming).
• Kropp, F., Zolin, R., & Lindsay, N. (2009) Identifying and implementing adaptive strategy in the US Military. In Lumpkin, G.T. & Katz, J. Advances in Entrepreneurship, Firm Emergence, and Growth, Vol. 11, New York, JAI Press/Elsevier.
• Lindsay, Noel J. (2006). Venture capitalist entrepreneurial orientations. In Lockett, Andy, Ucbasaran, Deniz, and Butler, John. (Eds). Research in Entrepreneurship and Management, Vol. 5, pp.223-237.

Refereed Journal Articles

• Kropp, Fredric and Lindsay, Noel. J., and Shoham, Aviv. (2008) Entrepreneurial orientation and international entrepreneurial business venture startup. International Journal of Entrepreneurial Behavior and Research, Vol. 14, No. 2, pp. 102-117.
• Lindsay, Noel J., Lindsay, Wendy A., Jordaan, Anton, and Mapunda, Gido. (2007) Indigenous Nascent Entrepreneur Self-Efficacy and Perceived Personal Success. International Journal of Entrepreneurship and Small Business, Vol. 4, No. 5, pp. 605-619.
• Kropp, Fredric, Lindsay, Noel. J., and Shoham, Aviv (2006). Entrepreneurial, Market, and Learning Orientations and Entrepreneurial Business Venture Performance for South African Firms. International Marketing Review Vol 23:5, 504-523.
• Lindsay, Noel J., Lindsay, Wendy A., Jordaan, Anton, and Hindle, Kevin. (2006). Opportunity recognition attitudes of nascent Indigenous entrepreneurs. International Journal of Entrepreneurship and Small Business, Vol. 3, No. 1:56-75.
• Lindsay, Noel J. (2005). Toward a cultural model of Indigenous entrepreneurial attitude. Academy of Marketing Sciences Review, Vol. 5:1-17.
• Lindsay, Noel J. (2004). Do business angels have an entrepreneurial orientation? Venture Capital: An International Journal of Entrepreneurial Finance, Vol 6, No. 2/3, April-September: 197-210.

Conference Papers

• Lindsay, Noel J., Lindsay, Wendy A., and Kropp, Fredric (2009). Start-up intentions and behavior of necessity-based entrepreneurs: A longitudinal study, Frontiers of Entrepreneurship Research, Babson College, USA.
• Kropp, Fredric, Lindsay, Noel, and Seet, Pi-Shen (2009). Values, entrepreneurial attitude, entrepreneurial self-efficacy, and entrepreneurial orientation, Research Symposium on Marketing and Entrepreneurship 2009, University of Illinois at Chicago, Chicago, USA, August 2009.
• Kropp, Fredric and Lindsay, Noel (2009). Values and entrepreneurial orientation of early stage entrepreneurs, World Marketing Congress, Oslo School of Management, Campus Kristiania, Oslo, Norway, July, 2009.
• Lindsay, Noel J., Lindsay, Wendy A., and Kropp, Fredric (2009). Start-up intentions and behavior of necessity-based entrepreneurs: A longitudinal study, Babson College Entrepreneurship Research Conference 2009, Babson College, Boston, USA, June, 2009.
• Balan, P., Lindsay, N., and O'Connor, A. (2009) Innovation capability: Contrasting a service industry with the manufacturing sector, Proceedings of the 6th AGSE International Entrepreneurship Research Exchange 2009, Adelaide, The University of Adelaide, 3-7 February 2009
• Graciela B. Corral de Zubielqui, G.B., Lindsay, N.J., and Harris, H. (2009) Exploring the influence of drivers, ideas sources and collaboration activities on innovation, globalisation and firm performance relationships, 6th AGSE International Entrepreneurship Research Exchange 2009, Adelaide, The University of Adelaide, 3-7 February 2009
• Lindsay, N.J., Lindsay, W.A., Kropp, F., and Jordaan, A. (2009) Entrepreneurial empowerment and wellbeing in Indigenous nascent entrepreneurs and non-entrepreneurs, 6th AGSE International Entrepreneurship Research Exchange 2009, Adelaide, The University of Adelaide, 3-7 February 2009.
• Hancock, G., Lindsay, N.J., and Kropp, F. (2008) Friend and family financing: Contrasting arm's-length and relation-based investors. 31st Institute for Small Business & Entrepreneurship Conference, Belfast, N. Ireland, 4-7 November, 2008.
• Lindsay, Wendy A., Lindsay, Noel J., and Kropp, Fredric (2008). Values, attitudes, and start-up intentions of necessity-based nascent entrepreneurs. Babson College Entrepreneurship Research Conference 2008, University of North Carolina at Chapel Hill, USA, 4 - 7 June, 2008.
• Lindsay, Wendy A., Lindsay, Noel J., Jordaan, Anton, and Dottore, Antonio (2008) Values, entrepreneurial attitudes, and start-up intentions of Indigenous South African nascent entrepreneurs. 5th AGSE International Entrepreneurship Research Exchange 2008, Melbourne, Swinburne University of Technology, Australia, February.
• Lindsay, Noel J. and Graciela Corral de Zubielqui, Graciela (2008). Exploring the influence of globalization and innovation on firm performance. 5th AGSE International Entrepreneurship Research Exchange 2008, Melbourne, Swinburne University of technology, Australia, February.
• Kropp, Fredric, Zolin, Roxanne, and Lindsay, Noel (2007). Opportunity recognition and the military. Babson College Entrepreneurship Research Conference 2007, Instituto de Empresa, Madrid, Spain, 7 - 9 June, 2007.
• Lindsay, Wendy A., Lindsay, Noel J., Jordaan, Anton, and Hancock, Gary (2007). Exploring the Values - Entrepreneurial Attitude Relationships of Necessity-Based Nascent Entrepreneurs. 13th Academy of Marketing Science World Marketing Congress, Verona, Italy, 11-14 July, 2007.
• Kropp, Fredric, Zolin, Roxanne, and Lindsay, Noel J. (2007) Federal Government Entrepreneurship: New Enterprise Structures. 2007 United States Association for Small Businesses and Entrepreneurship (USASBE) Conference, Orlando, Florida, USA, 11 - 14 January 2007.
• Lindsay, Wendy A., Lindsay, Noel J., and Jordaan, A. (2007). Investigating the Values - Entrepreneurial Attitude - Opportunity Recognition Relationship in Nascent Entrepreneurs. 4th AGSE International Entrepreneurship Research Exchange 2007, Brisbane, QUT, Australia, February.
• Balan, Peter, and Lindsay, Noel J. (2007) Developing Innovation Capability Measures for the Services Sector: An Exploratory Study. 4th AGSE International Entrepreneurship Research Exchange 2007, Brisbane, QUT, Australia, February.
• Hancock, Gary, and Lindsay, Noel J. (2007) Understanding Entrepreneur and Business Angel Investment Capabilities, Expectations, and Relationships. 4th AGSE International Entrepreneurship Research Exchange 2007, Brisbane, QUT, Australia, February.
• Lindsay, Noel, Lindsay, Wendy, and Hancock, Gary. (2006) Venture Capitalist Entrepreneurial Orientations in Developed and Developing Countries. 51st World Conference for the International Council for Small Business, Melbourne, June.
• Lindsay, Noel J. and Lindsay, Wendy A. (2006). Venture Capitalist Entrepreneurial Orientations in Developing Environments. 3rd AGSE International Entrepreneurship Research Exchange 2006, Auckland, New Zealand, February.
• Lindsay, Noel J., and Lindsay, Wendy A. (2005) Venture capitalist opportunity recognition differences: East versus West. 50th International Council for Small Business Conference, Washington DC, USA, June.
• Lindsay, Noel J., Jordaan, Anton, and Lindsay, Wendy A. (2005) Values and entrepreneurial attitudes of nascent entrepreneurs. 50th International Council for Small Business Conference, Washington DC, USA, June.
• Lindsay, Noel J., Lindsay, Wendy A., Jordaan, Anton, and Hindle, Kevin. (2005). Toward an holistic and inclusive theory of opportunity recognition behavior: Do nascent Indigenous entrepreneurs perceive opportunities differently? Regional Frontiers of Entrepreneurship Research 2005, Vol. 2:278-298.
• Lindsay, Noel J (2005). Opportunity recognition behaviors of venture capitalists in developing countries. 2nd AGSE International Entrepreneurship Research Exchange 2005, Melbourne, Australia, February.
• Lindsay, Noel J and Balan, Peter. (2005). Entrepreneurial self-efficacy, reasons for venture startup, and perceived success. Regional Frontiers of Entrepreneurship Research 2005, Vol. 2:373-380.
• Lindsay, Noel J., Jordaan, Anton, and Lindsay, Wendy A. (2004). Entrepreneurship as the way of the future for South Africa: Toward a theory of entrepreneurial attitude orientation of nascent Indigenous entrepreneurs. 2004 SEAANZ Conference, QUT, Brisbane, Australia, September. (Nominated as a best paper candidate.)
• Geursen, Gus and Lindsay, Noel J. (2004). Are venture capitalists consummate entrepreneurs? Similarities and differences in their opportunity recognition perceptions and behaviors. International Council of Small Business 49th World Conference, Johannesburg, South Africa, June.
• Lindsay, Noel J. (2004). Eastern and western venture capitalist entrepreneurial orientations and their performance relationships. International Council of Small Business 49th World Conference, Johannesburg, South Africa, June.
• Lindsay, Noel J. & McStay, Dell (2004). What is a family business? Existence of the family dynamic in first generation family owned franchisee businesses. International Council of Small Business 49th World Conference, Johannesburg, South Africa, June.
• Lindsay, Noel J. (2004). Insights into the opportunity formulation process and performance of Australian venture capitalists. Regional Frontiers of Entrepreneurship Research, Vol. 1, No. 2:4-16.
• Lindsay, Noel J. and McStay, Dell (2004). Are franchisees entrepreneurs? The influence of entrepreneurial orientation on franchisee performance. Regional Frontiers of Entrepreneurship Research, Vol. 1, No. 2.

Research Reports

• Balan, P. and Lindsay, N. (2009) Developing an innovation capability in the Australian Hotel industry, Research Report, Sustainable Tourism Cooperative Research Centre.
• Corral de Zubielqui, G., Lindsay, N., and Harris, H. (2009). The Relevance of Innovation and Globalisation to Firm Performance. Research Report submitted to the South Australian Department of Trade and Economic Development and and Marion, Onkaparinga, Playford, and Salisbury Councils.
• Lindsay, Noel J., List, D., and Mapunda, G. (2008). The Use of Yield Management by B&B Operators in South Australia. Research Report, Sustainable Tourism Cooperative Research Centre.
• Hancock, Gary, Klyver, Kim, Lindsay, Noel and Hindle, Kevin (2007). Entrepreneurial Motivation in Australia in 2006: A Summary of Salient Data from the 2006 GEM Australia National Adult Population Survey. Australian Graduate School of Entrepreneurship Research Report Series, Vol. 4, No. 2. Melbourne: Swinburne University of Technology. ISSN 1448-7128.
• Klyver, Kim, Hindle, Kevin and Lindsay, Noel (2007). Entrepreneurial Growth in Australia in 2006: A Summary of Salient Data from the 2006 GEM Australia National Adult Population Survey. Australian Graduate School of Entrepreneurship Research Report Series, Vol. 4, No. 4. Melbourne: Swinburne University of Technology. ISSN 1448-7128
• Hancock, Gary, Lindsay, Noel, Hindle, Kevin and Klyver, Kim (2007). Entrepreneurial Finance in Australia in 2006: A Summary of Salient Data from the 2006 GEM Australia National Adult Population Survey. Australian Graduate School of Entrepreneurship Research Report Series, Vol. 4, No. 5. Melbourne: Swinburne University of Technology. ISSN 1448-7128.

Professional Associations

Fellow, CPA Australia
Public Practice Certificate Holder, CPA Australia
Affiliate, Institute of Chartered Accountants in Australia

Community Engagement

Justice of the Peace (Qualified), Queensland, Australia
Member, Rotary Club of Kent Town
Member, Board of Governors, Pulteney Grammar School, Adelaide

Expertise for Media Contact

Categories	Business and management
Expertise	Entrepreneurship Private equity

Entry last updated: Sunday, 8 Nov 2009