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Entrepreneurship Management And The Structure Of Payoffs
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Book Synopsis Entrepreneurship, Management, and the Structure of Payoffs by : William J. Baumol
Download or read book Entrepreneurship, Management, and the Structure of Payoffs written by William J. Baumol and published by Mit Press. This book was released on 1994-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although it is admittedly difficult to theorize and make predictions on the innovative behavior and supply of entrepreneurs, William Baumol shows that by usually failing to incorporate entrepreneurship in their growth models, economists have omitted what can be a key contributor to economic growth. In this book Baumol seeks to bring entrepreneurship back into the body of mainstream economic theory. In particular, he studies the effect of the allocation of entrepreneurs between productive and unproductive activities on an economy's performance.Departing from the orthodox view that imitation retards technical progress by reducing the reward to innovation, Baumol asserts that entrepreneurs can spread and speed the adoption of new technology and ideas throughout a market. By persistently looking to depart from standard practices, entrepreneurs fuel change and help keep an economy from falling into a rut. Often these changes can improve efficiency, increase production, and spur growth.Baumol points out, however, that entrepreneurs do not always, or even usually, behave productively. He devotes several chapters to different types of misallocation of entrepreneurship, such as the mergers and acquisitions of the 1980s and frivolous lawsuits examples of the ways an entrepreneur will find to increase his or her share of the profits rather than produce more. Therefore, Baumol argues, it is important to the vitality of a free-enterprise society to provide incentives for making better use of entrepreneurial resources, and he suggests relevant changes in economic institutions.William J. Baumol is Professor of Economics at New York University and Director of the university's C. V. Starr Center for Applied Economics.
Download or read book Entrepreneurship written by Álvaro Cuervo and published by Springer Science & Business Media. This book was released on 2007-05-26 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship can, at times, seem like a veritable jungle where finding one's way can prove to be difficult. This book functions as a map locating the most important issues: those where an acceptable consensus already exists, and those that remain open to discussion. In so doing, we have presented the accounts of distinguished explorers in their own words.
Book Synopsis The Invention of Enterprise by : David S. Landes
Download or read book The Invention of Enterprise written by David S. Landes and published by Princeton University Press. This book was released on 2010-01-31 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides a sweeping history of enterprise in Mesopotamia and Neo-Babylon; carries the reader through the Islamic Middle East; offers insights into the entrepreneurial history of China, Japan, and colonial India; and describes the crucial role of the entrepreneur in innovation activity in the Western world.
Book Synopsis Systemic Entrepreneurship by : Gideon Maas
Download or read book Systemic Entrepreneurship written by Gideon Maas and published by Springer. This book was released on 2015-05-12 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Systemic Entrepreneurship focuses on creating an awareness of systemic entrepreneurship and illustrates the fact that one needs to approach entrepreneurial support activities from many different angles.
Book Synopsis Entrepreneurship and Economic Growth by : David B. Audretsch
Download or read book Entrepreneurship and Economic Growth written by David B. Audretsch and published by Oxford University Press. This book was released on 2006-04-27 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.
Book Synopsis Handbook of Research on Innovation and Entrepreneurship by : David B. Audretsch
Download or read book Handbook of Research on Innovation and Entrepreneurship written by David B. Audretsch and published by Edward Elgar Publishing. This book was released on 2011-01-01 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: This path-breaking Handbook analyses the foundations, social desirability, institutions and geography of innovation and entrepreneurship. Leading researchers use their outstanding expertise to investigate various aspects in the context of innovation and entrepreneurship such as growth, knowledge production and spillovers, technology transfer, the organization of the firm, industrial policy, financing, small firms and start-ups, and entrepreneurship education as well as the characteristics of the entrepreneur. There is much in this Handbook that will prove to be informative and stimulating, especially for academics and post-graduate students in economics and management. Those starting a PhD in innovation or entrepreneurship will find this book essential reading.
Book Synopsis Innovation and Entrepreneurial Networks in Europe by : Paloma Fernández Pérez
Download or read book Innovation and Entrepreneurial Networks in Europe written by Paloma Fernández Pérez and published by Routledge. This book was released on 2009-08-19 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The entrepreneur is involved in the dance of two questions – what is needed and what is possible. The interplay of these two questions is an ongoing process and innovation varies internationally and regionally, depending on differing legal and policy systems, variations in the development of education and skill development, in social processes and in knowledge transfer. This book explores innovation and networks in entrepreneurship with an interdisciplinary approach, focusing on how old and new knowledge can be combined to produce radical innovation. These chapters combine themes of entrepreneurship, innovation and networks with a specifically European focus, highlighting the wide variations at the national, regional and business level. These variations suggest the need to break with traditional stereotypes about Southern and Northern Europe. The book takes a Schumpeterian perspective, emphasising the importance of looking at the history of entrepreneurship and innovation, paying particular attention to the neglected area of innovation in services within firms.
Book Synopsis Entrepreneurship by : Thierry Burger-Helmchen
Download or read book Entrepreneurship written by Thierry Burger-Helmchen and published by BoD – Books on Demand. This book was released on 2012-03-14 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is a main driver of economic growth and of social dynamics. However, some basic characteristics like the gender of the entrepreneur, the geographical location, or the social context may have a tremendous impact on the possibility to become an entrepreneur, to create a firm and to prosper. This book is a collection of papers written by an array of international authors interested in the question of entrepreneurship from a gender point of view (male vs female entrepreneurship), a geographical point of view (Africa, Europe, America and Latin America, Asia...) or a specific social context point of view (agricultural economy, farming or family business, etc.).
Book Synopsis Enterprise: Concepts and Issues by : Norin Arshed
Download or read book Enterprise: Concepts and Issues written by Norin Arshed and published by Goodfellow Publishers Ltd. This book was released on 2016-01-31 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduces the terms, theories and practices in the fields of entrepreneurship and enterprise to look deeper into this phenomena. It covers the origins and development of entrepreneurialism, and addresses the drivers, barriers and evolution into new areas of business and economic activity.
Book Synopsis Advances in Empirical Economic Research by : Nicholas Tsounis
Download or read book Advances in Empirical Economic Research written by Nicholas Tsounis and published by Springer Nature. This book was released on 2023-07-19 with total page 996 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents new empirical methods and applications in economics with special interest in advances in empirical macroeconomics, microeconomics, financial economics, international economics, and agricultural economics. Featuring selected contributions from the 2022 International Conference of Applied Economics (ICOAE 2021), this book provides country specific studies with potential applications in economic policy. It is beneficial to researchers, scholars, academics and policy makers in quantitative economic research (in both methods and applications).
Book Synopsis The Microtheory of Innovative Entrepreneurship by : William J. Baumol
Download or read book The Microtheory of Innovative Entrepreneurship written by William J. Baumol and published by Princeton University Press. This book was released on 2010-07-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative look at the microeconomics of entrepreneurship Entrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for introducing entrepreneurship into mainstream microtheory and incorporating the activities of entrepreneurs, inventors, and managers into standard models of the firm. William Baumol distinguishes between the innovative entrepreneur, who comes up with new ideas and puts them into practice, and the replicative entrepreneur, which can be anyone who launches a new business venture, regardless of whether similar ventures already exist. Baumol puts forward a quasi-formal theoretical analysis of the innovative entrepreneur's influential role in economic life. In doing so, he opens the way to bringing innovative entrepreneurship into the accepted body of mainstream microeconomics, and offers valuable insights that can be used to design more effective policies. The Microtheory of Innovative Entrepreneurship lays the foundation for a new kind of microtheory that reflects the innovative entrepreneur's importance to economic growth and prosperity.
Book Synopsis Re-Understanding Entrepreneurship by : Weiying Zhang
Download or read book Re-Understanding Entrepreneurship written by Weiying Zhang and published by Cambridge University Press. This book was released on 2024-05-31 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shifts the focus of economics from a price-centric to an entrepreneur-centric paradigm.
Book Synopsis Entrepreneurship in China by : Keming Yang
Download or read book Entrepreneurship in China written by Keming Yang and published by Routledge. This book was released on 2016-04-29 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of China as a major world economy is of great importance to the global political economy and to international business. There has been much research on the macro level of institutional reform but little detailed work on the grassroots level of entrepreneurship in China. This innovative book addresses this gap by investigating how an economic system dominated by central plans, communist ideologies and suppressing bureaucracies could generate such energy from the bottom of society, fuelling the country's economic growth. Keming Yang’s theory of entrepreneurship is based on two interrelated concepts: double entrepreneurship and institutional holes. He argues that the two concepts bridge a gap between the neo-classical institutionalism of economic development and entrepreneurship studies that emphasize individual choice. The rigorous theoretical framework is supported by substantial empirical research, offering statistical analyses of survey data as well as detailed case studies. This timely book will appeal to an interdisciplinary readership in sociology, economics, business studies and Chinese and Asian Studies.
Book Synopsis Global Entrepreneurship and Development Index 2014 by : Zoltan J. Acs
Download or read book Global Entrepreneurship and Development Index 2014 written by Zoltan J. Acs and published by Springer. This book was released on 2015-03-11 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume captures the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 120 of the most important countries in the world. The authors expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial abilities and entrepreneurial aspirations. The data and their contribution to the business formation process are supported by three decades of research into entrepreneurship across a host of countries. The Global Entrepreneurship and Development Index is a construction of individual and institutional measures that integrates 31 variables from various data sources into 15 pillars, three sub-indexes and a 'super index'. The relationship between entrepreneurship and economic development appears to be more or less mildly S-shaped. The findings suggest moving away from simple measures of entrepreneurship across countries illustrating a U-shaped or L-shaped relationship to more complex measures, which are positively related to development. The model has important implications for development policy. This unique book will be invaluable for researchers, policymakers and entrepreneurs keen to expand their understanding of entrepreneurship and development.
Book Synopsis Knowledge Intensive Entrepreneurship by : Frederic Delmar
Download or read book Knowledge Intensive Entrepreneurship written by Frederic Delmar and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: How and why are firms created, expanded and terminated by entrepreneurs in the knowledge intensive economy? The authors show these entrepreneurship processes are firmly embedded in a given social and economic context, that shapes the process by which some individuals discover entrepreneurial opportunities, creating new firms that sometimes grow to remarkable size, butmore often stay mundane or eventually exit. The authors expertly provide a theoretical and empirical examination of new knowledge intensive firms over their whole life cycle using a unique set of matched employee-employer data containing over three million individuals and over 200,000 firms. With theoretical pillars anchored in industrial organization economics, evolutionary organization theory, and entrepreneurship research, this book presents a detailed investigation of the entrepreneurial processes of firm entry, growth, and their eventual demise. This insightful book will prove to be invaluable for business policymakers as well as postgraduate students and researchers in management, economics, and entrepreneurship.
Book Synopsis Entrepreneurship and the Market Process by : David A Harper
Download or read book Entrepreneurship and the Market Process written by David A Harper and published by Routledge. This book was released on 2002-01-08 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterpreneurship is central to the market process, and yet most theories of it fail to tackle the problem of how economic agents learn from their experience. This book redresses this by systematically applying the ideas of Karl Popper. It treats the entrepeneur as a theorist who develops conjectures which are then tested by exposure to the market, in an effort to eliminate errors. This is a critical aspect of the development of new ventures, as most entrepeneurial ideas turn out to be mistakes, at least in their original form.
Book Synopsis Entrepreneurship and Economic Progress by : Randall Holcombe
Download or read book Entrepreneurship and Economic Progress written by Randall Holcombe and published by Routledge. This book was released on 2007-01-24 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is the engine of economic progress, but mainstream economic models of economic growth tend to leave out the entrepreneurial elements of the economy. This new book from Randall Holcombe begins by identifying areas in which evolutionary and Austrian approaches differ from the academic mainstream literature on economic growth, before moving on to distinguish growth from progress. The author then analyzes economic models of the firm based on the idea that it is entrepreneurship that drives economic progress. The book should prove to be a natural successor to recent Routledge books by Frederic Sautet and David Harper.
