Download or read book Entrepreneurial Wage Dynamics in the Knowledge Economy written by Adam K. Korobow and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role that small firms and entrepreneurship play in economic development has been particularly contentious. Joseph Schumpeter (1911), in his early work, argued that through a process of "creative destruction," small and new firms would serve as agents of change and a catalyst for innovation and growth. But, he later rescinded this view, instead concluding that large corporations were the engines of growth. Just as it seemed that a consensus had emerged among scholars and policy makers that small business was at best superfluous and at worst a drag on growth and economic development, David Birch provided evidence that, in fact, small firms were the engines of job creation. The early skepticism of challenge to Birch's findings revolved around methodology and measurement. However, a wave of subsequent studies by different authors, spanning different time periods, sectors, and even countries, generally confirmed Birch's original findings-for most developed countries and in most time periods, small business has provided most of the job creation.

Download or read book Entrepreneurship and Dynamics in the Knowledge Economy written by Charlie Karlsson and published by Routledge. This book was released on 2006-09-27 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: The phenomenon of entrepreneurship has attracted researchers from a variety of disciplines and a diverse number of analytical approaches. Currently, there is a considerable amount of confusion and a variety of conflicting theories which are being used interchangeably and ambiguously. In this important new book, the authors argue that there are analytically distinct forms of entrepreneurship, each of them having an individual logic of their own. They highlight the role of individual economic agents with endowments of new knowledge or new combinations of old knowledge as entrepreneurs, and thus identify them as dynamic factors in the knowledge economy. Overall, this book not only provides a contemporary overview of current research in the field, but also summarizes the policy conclusions that can be drawn from current research.

Download or read book Foundations of High Impact Entrepreneurship written by Zoltan Acs and published by Now Publishers Inc. This book was released on 2008 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of High Impact Entrepreneurship is the first survey of the theoretical literature on high impact entrepreneurship.

Download or read book Precarious Professional Work written by Alexander Styhre and published by Springer. This book was released on 2017-08-07 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the new conditions under which professional work, often referred to as “knowledge-intensive work,” is organised and how professional groups who have traditionally been granted jurisdictional discretion now have their work routines renegotiated. In the new economic regime of what has been called “investor capitalism” and under the influence of shareholder primacy governance, professional work is put under pressure to change. The author explores issues of increased financial and economic volatility, the pressure to outsource and offshore professional work and the increased supply of competitors with tertiary education degrees in the labour market. Examining both macroeconomic conditions and policy that inform and shape the domain of professional work, the book emphasises how the nature of professional work has changed since the 1980s and 1990s and argues that it is no longer a “safe haven” for a favoured group of elite workers. Precarious Professional Work underlines how the study of professions must constantly accommodate new economic conditions and managerial practices to better understand how professional work is dependent on and entangled with external social, economic, and political conditions.

Download or read book Entrepreneurial Excellence in the Knowledge Economy written by José Maria Viedma Marti and published by Springer. This book was released on 2012-10-15 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides readers with a comprehensive overview of how to achieve entrepreneurial excellence in the knowledge economy and offers them ICBS - a methodology for strategy check-up of organizations in the knowledge economy context.

Download or read book The Emergence of Entrepreneurship Policy written by David M. Hart and published by Cambridge University Press. This book was released on 2003-10-27 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume seeks to catalyze the emergence of a novel field of policy studies: entrepreneurship policy. Practical experience and academic research both point to the central role of entrepreneurs in the process of economic growth and to the importance of public policy in creating the conditions under which entrepreneurial companies can flourish. The contributors, who hail from the disciplines of economics, geography, history, law, management, and political science, seek to crystallize key findings and to stimulate debate about future opportunities for policy-makers and researchers in this area. The chapters include surveys of the economic, social, and cultural contexts for US entrepreneurship policy; assessments of regional efforts to link knowledge producers to new enterprises; explorations of policies that aim to foster entrepreneurship in under-represented communities; detailed analyses of three key industries (biotechnology, e-commerce, and telecommunications); and considerations of challenges in policy implementation.

Download or read book The Economic Benefits and Costs of Entrepreneurship written by C. Mirjam van Praag and published by Now Publishers Inc. This book was released on 2008 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Benefits and Costs of Entrepreneurship examines to what extent recent empirical evidence can collectively and systematically substantiate the claim of the economic benefits of entrepreneurship. The authors review the empirical literature and provide an answer to the question "what is the contribution of entrepreneurs to the economy in comparison to their counterparts?" Using four measures, the authors quantify the economic benefits of entrepreneurs along the following parameters -- employment generation and dynamics, innovation, productivity and growth, and the role of entrepreneurship in increasing individuals' utility levels. The Economic Benefits and Costs of Entrepreneurship is the first review of the primary empirical literature in this area. More precisely, it is the first review of high quality economics and management studies, focusing on various types of contributions that entrepreneurs can make to the economy in terms of quantifiable measures and evaluating the entrepreneurs' performance in these areas relative to their counterparts.

Download or read book Innovation and Entrepreneurship in the Global Economy written by Charlie Karlsson and published by Edward Elgar Publishing. This book was released on 2015-06-29 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: We have, in recent decades, been able to witness a veritable revolution in the world economy, known as ‘globalization’. Generally, the term is connected to the rapid increase of the free movement of goods, capital, people, ideas, information and knowledge around the globe. This book contributes to the meso- and micro-economic literature on innovation and entrepreneurship in the global economy.

Download or read book A Theory of Local Entrepreneurship in the Knowledge Economy written by Pierre-André Julien and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principal audience for this book seems to be deliberately and most certainly an academic one; that said, those practitioners from a business management or central/local government support-agency background might also find the text a useful resource. Intrinsically, those employed teaching and researching within the fields of entrepreneurship or regional economic development will find this publication an invaluable and indispensable reference tool. . . After an excellent, cohesive and informative introductory chapter, which places the book firmly in the field of regional entrepreneurship theory development, the reader is effortlessly prepared for the intellectually challenging read ahead. . . this book is well laid out and it is easy for the reader to pick up the thread of the argument, even after a lay-off. The endnotes after each chapter are useful and comprehensive, adding richness to the text through the additional information. The bibliography is as comprehensive as it is exhaustive. . . Professor Julien has given us a book that presents both an interesting and alternative perspective to the field of entrepreneurial cross-disciplinary research. Paul J. Ferri, International Journal of Entrepreneurial Behaviour and Research . . . it is my view that this book gives a very important contribution for the understanding of development of local entrepreneurship, through its cross-disciplinary approach. I see the book is especially interesting from an entrepreneurship and a regional development perspective. . . this book should inspire research that takes a more holistic approach using different levels of analysis and applies it to economic development at a local/territorial level, when studying entrepreneurship. Einar Lier Madsen, International Small Business Journal The reader who is interested in entrepreneurship and/or regional development will find this book a welcome contribution to the field. Rainer Harms, Entrepreneurship and Innovation For too long, researchers have regarded local dynamism as the result of the actions of certain entrepreneurs. If this were the case, how could we explain the simultaneous presence of winning , stagnating or declining areas with very similar socioeconomic profiles within the same region? Departing from this restrictive and somewhat inadequate approach, Pierre-André Julien considers entrepreneurship as a collective behaviour specifically related to the dynamism of the milieu in which it develops. The author introduces a complex, innovative theory of local entrepreneurship, demonstrating that the emergence of new ventures and the development of existing enterprises cannot be understood without taking into account certain factors: locale, social capital, networking and entrepreneurial culture within a given area are all crucial to entrepreneurial growth. Expanding upon this theory, the book demonstrates how entrepreneurship can be fostered in order to support collective development. Various forms of partnership among socioeconomic actors are then analysed to highlight the social conventions and entrepreneurial culture that connect and intensify the energies at the root of local dynamism. This highly original book represents a departure from entrepreneurship literature that is largely limited to the study of entrepreneurs behaviour. Its dynamic presentation of holistic theory will prove an extremely absorbing read for those with an academic or professional interest in business and management, entrepreneurship and regional development.

Download or read book Global Opportunities for Entrepreneurial Growth written by Stavros Sindakis and published by Emerald Group Publishing. This book was released on 2017-12-07 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates, compares, and contrasts the theoretical and practical elements of business concepts and models that are acclimated to the dynamic changes of our modern era. Furthermore, it describes and analyzes the current cooperative interactions among firms, and evaluates the contribution of knowledge dynamics in coopetition.

Download or read book Shaping Science and Technology Policy written by David H. Guston and published by Univ of Wisconsin Press. This book was released on 2007-02-01 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: With scientific progress occurring at a breathtaking pace, science and technology policy has never been more important than it is today. Yet there is a very real lack of public discourse about policy-making, and government involvement in science remains shrouded in both mystery and misunderstanding. Who is making choices about technology policy, and who stands to win or lose from these choices? What criteria are being used to make decisions and why? Does government involvement help or hinder scientific research? Shaping Science and Technology Policy brings together an exciting and diverse group of emerging scholars, both practitioners and academic experts, to investigate current issues in science and technology policy. Essays explore such topics as globalization, the shifting boundary between public and private, informed consent in human participation in scientific research, intellectual property and university science, and the distribution of the costs and benefits of research. Contributors: Charlotte Augst, Grant Black, Mark Brown, Kevin Elliott, Patrick Feng, Pamela M. Franklin, Carolyn Gideon, Tené N. Hamilton, Brian A. Jackson, Shobita Parthasarathy, Jason W. Patton, A. Abigail Payne, Bhaven Sampat, Christian Sandvig, Sheryl Winston Smith, Michael Whong-Barr

Download or read book Student Entrepreneurship in the Social Knowledge Economy written by Manlio Del Giudice and published by Springer. This book was released on 2014-05-20 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, the study of entrepreneurial behavior focuses on such factors as (i) the personality characteristics that distinguish the entrepreneur from non-entrepreneur and (ii) demographic characteristics such gender, age, familiar antecedents and education. With particular respect to investigating the development, acquisition, and dissemination of entrepreneurial skills and behaviors, the authors focus on the university environment, as a locus of research and innovation, where students are exposed to a wide variety of influences that are enhanced by a high degree of connectivity. The underlying theme of this volume is to develop our understanding of the sociology of student entrepreneurial behavior and in doing so attempt to synthesize literature investigating individual talent with the literature on concurrent knowledge sourcing in the pursuit of entrepreneurial activities. Specifically, the authors investigate the degree to which access to diverse knowledge (in addition to such psychological characteristics and tolerance of ambiguity and risk taking) influences the nature and probability of entrepreneurial success. Moreover, they explore the role of social media and social networking in facilitating access to distributed and disparate information and knowledge. Their research addresses such timely questions as: Where do entrepreneurial opportunities come from? How can higher education best stimulate the creation of firms emanating from young and smart minds in colleges and universities? What is the value of MOOCs for frequent, early, and “thick” communication among the various specialties needed to accomplish entrepreneurial projects? How do we know whether social media affect students’ responses to new knowledge and new ideas? To what extent do educational practices affect racial and ethnic differences in student entrepreneurship? What is the role of the indigenous minority student entrepreneur in establishing high-technology firms? The result is a multi-dimensional approach that sheds light on the dynamics of education, knowledge creation, social networking, innovation and new business development.

Download or read book Handbook of Entrepreneurship Research written by Sharon A. Alvarez and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: early economic thinkers and classic works such as Cantillon (1755), Knight (1921), and Kirzner (1973). The paper opens by explaining how uncertainty and thus entrepreneurship disappeared from microeconomic theory as it became increasingly formalized (and stylized). It then goes on to bring the entrepreneur and entrepreneurial decision-making back into economic theory by focusing on the interrelationships among actors, knowledge, and perceived economic opportunities using a resource-based framework. The third paper in this section (Chapter 4) is by Foss and Klein, "Entrepreneurship and the Economic Theory of the Firm: Any Gains from Trade?" Foss and Klein strongly link theories of the firm to entrepreneurship, arguing a fundamental and intrinsic connection between the two. They, like Mahoney and Michael, explain how entrepreneurship became less important in economic models as the general equilibrium model became dominant. Foss and Klein ask: Does the entrepreneur need a firm? They focus on the judgment of the entrepreneur and suggest that this judgment is exercised through asset ownership and starting a firm. Foss and Klein further argue that it is through this notion of judgment that heterogeneous assets combine to meet future wants.

Download or read book Social Networks Innovation and the Knowledge Economy written by Isabel Salavisa and published by Routledge. This book was released on 2012-07-26 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, the authors illustrate how social networks can play a very significant role in the technological catch up process in moderate innovative countries. Using an innovative approach to the study of entrepreneurship in knowledge-intensive sectors, the book analyses the role of social networks in the access and deployment of the variety of competences and resources required for the successful creation of knowledge-intensive companies, which has not yet been studied sufficiently in this context.

Download or read book The Entrepreneur written by Mark Christopher Casson and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Casson contends that, because of several assumptions made by classical economic theory, there is no established economic theory of the entrepreneur. A theory of the entrepreneur is needed to explain firm success or failure, firm creation and growth, economic growth and development, and income distribution. The entrepreneur is significant historically because, although he is atypical, he has altered the course of history. The essence of a theory of the entrepreneur should be both the rationalization of success and explanation of failure. A theory of the function of the entrepreneur will have an important role in a theory of economic dynamics, the competitive process, and trade cycles. The book proceeds based on two reconstructions of economic theory. (1) Individuals differ in taste and access to information; the entrepreneur proceeds on the basis of the unique information available to him. (2) There are inherent difficulties (transaction costs) in organizing markets; the entrepreneur often must create market institutions. Casson's theory converges functional and indicative definitions of the entrepreneur. He defines an entrepreneur as "someone who specializes in taking judgmental decisions about the coordination of scarce resources." Skills essential for the entrepreneur are identified. The most important concept for Casson's theory is coordination, as a problem and a process, private or social. It is the dynamic counterpart of allocation; two mechanisms are contract and conjecture. Bargaining must converge to equilibrium. The entrepreneur's assessment (the role of his superior judgment) of a situation (coupled with his role as intermediator) is crucial toward influencing where, when, and how coordination occurs. Coordination reduces the entrepreneur's exposure to uncertainty through insurance and speculation. Coordination is difficult in the realm of public goods (goods in common ownership). Entrepreneurial coordination is always partial, because it engages only a small sector of the economy; partial coordination is continuous, and overall consistency cannot be guaranteed. The theory of the entrepreneur is related to the theory of the market making firm: the entrepreneur operates in a market economy through the firm, of which the entrepreneur is the founder or owner-manager. To overcome obstacles to trade, market-making activities are required, which involve information and incur costs. Transaction costs can be reduced by market internalization. The entrepreneur can internalize the exploitation of commercial information upon which his superior judgment is based. When re-contracting is difficult, the market-maker responds by building inventory. Market-making services to buyers and sellers are usually packaged by an intermediator; the entrepreneurship function of producers and retailers is "impure." The economies of centralized control, which can be delegated and occur in many forms, can be attributed to the internalization of a market. Entrepreneurs adopt hard-line bargaining strategies because they believe they have superior market knowledge. The economic factors governing the growth rate of the firm are analyzed using concepts developed previously in the book. New firm formation results from opportunity recognition by the entrepreneur and the belief that it is best exploited by self-employment; the family is a major source of capital, labor, and information. The market for entrepreneurs operates uniquely; it allocates judgment decisions to entrepreneurs. The number of entrepreneurs and their rewards are analyzed. Because of major social and economic barriers, the heroic figure of the entrepreneur is a myth; entrepreneurship, however, is important for social mobility, even though the absolute degree is rather limited. Alternative economic theories of Leibenstein, Hayek and Kirzner, Knight, Schumpeter, and Andrews and Penrose are critically reviewe.

Download or read book Entrepreneurial Knowledge Technology and the Transformation of Regions written by Charlie Karlsson and published by Routledge. This book was released on 2013-06-26 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, policy makers have given much credence to the role of entrepreneurship in the transformation of regions. As a result, a new set of policy responses have emerged that focus on the support of new venture creation, small business growth and idea generation and commercialization. While there is a wealth of research about entrepreneurship in general, less attention has been given to the development of new tools and programs in support of entrepreneurial activities, and to the ways in which the emergence, the character and the types of entrepreneurship policies might differ between countries. In particular, the transatlantic perspective is of special interest because of the pioneering role of the United States in this area, and also due to the European Union's focus on economic competitiveness. The contributions included in this book explore the emergence of entrepreneurship policies from a transatlantic comparative perspective and address different aspects of entrepreneurship policies including local entrepreneurship policies and the relationship between knowledge-based industries and entrepreneurship policies.

Download or read book Global Entrepreneurship Institutions and Incentives written by Zoltán J. Ács and published by Edward Elgar Publishing. This book was released on 2015-12-18 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents some of Zoltán J. Ács’ most important contributions since the turn of the new millennium, with a particular intellectual focus on knowledge spillover entrepreneurship. It studies the evolution of global entrepreneurship and pays attention to the role of institutions and the incentives they create for economic agents who become either productive or unproductive entrepreneurs. For productive entrepreneurs, those that create wealth for themselves and for society, the author offers a knowledge spillover theory of entrepreneurship as a new way to help understand the entrepreneurial ecosystem. For those that create wealth only for themselves the author develops a theory of destructive entrepreneurship that undermines the entrepreneurial ecosystem. The book also presents an explanation of the role of philanthropy in reconstituting wealth to complete the circuits of capital in the theory of capitalist development. Finally, the author examines several public policy issues including immigration and technology transfer. This volume will be required reading for students and scholars of entrepreneurship, economics and public policy.