Download or read book Exploring Firm Formation written by Dane Stangler and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent entrepreneurship research has shed new light on how important new companies - firms less than five years old - are to economic growth, so the next question raised by economists and policymakers might be: How do we increase the number of firm formations? In a review of research into entrepreneurial orientation to help find answers, another important question has arisen: Why does the level of firm formation remain virtually consistent from year to year? This paper, the second in the Kauffman Foundation Research Series on Firm Formation and Economic Growth, explores this question and makes the following key points: • Firm formation in the United States is remarkably constant over time, with the number of new companies varying little from year to year. This remains true despite sharp changes in economic conditions and markets, and longer-cycle changes in population and education. While existing entrepreneurship data may miss some numbers of new firms, this does not appear to explain the steady level of firm formation across time. • Such constancy possibly reflects the nature of the United States economy, employment churn, and demographics. The paper discusses each in detail, as well as entrepreneurial motivations, talent, and the so-called “opportunity recognition” model. • A steady level of firm formation implies that relatively few factors, such as entrepreneurship education and venture capital, influence the pace of startups, although these factors may help prevent a decline of new firms and may affect specific companies at the margins. • A closer look at the relatively unchanging number of new firms each year offers potential lessons for public policy, especially when considering the future of entrepreneurship after the Great Recession of 2007-2009. This paper examines the implications of each of these points, such as possible reasons why firm formation is constant and what it means for the wider economy, why efforts to increase entrepreneurship have not had much effect on the level of firm formation, whether or not the volume of startups really matters to the economy, and how the recession has impacted firm formation. Further discussion of some of these questions will be reserved for future papers, but we can at least begin to explore them here.
Download or read book Exploring the knowledge filter written by Pamela Mueller and published by . This book was released on 2005 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Decline in Business Formation written by United States. Congress. House. Committee on Small Business. Subcommittee on Contracting and Workforce and published by . This book was released on 2014 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Understanding Silicon Valley written by Martin Kenney and published by Stanford University Press. This book was released on 2000 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text explores the factors that have made Silicon Valley such a fertile breeding ground for new technologies and new firms. It looks at how its pioneering achievements begana̧nd the forces that have propelled its unprecedented growth.
Download or read book Exploring Firm Growth as a Process of Creation written by Tuija Mainela and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the present study, we contribute to research on firm growth in three particular ways. First, we demonstrate that firm growth is inherently about change and thus should be approached using processual methods. Secondly, we suggest that firm growth consists of interlaced behaviours to act on or enact an opportunity that form the generative mechanisms driving the creation of growth. Thirdly, we argue that growth is a process embedded in a particular context. This way we bring new knowledge on how firm growth can be conceptualized and approached. We propose that new understanding on firm growth could be achieved through examining processually over time the different kinds of opportunity-driven behaviours of the firm in relation to its environment. Our modelling of firm growth emphasizes type of opportunity, entrepreneurial behaviours for its realization and contextual determinants, dynamism and episodic nature of firm development. In the end, our conceptualization offers insight into how firms learn and develop capabilities for creating and sustaining competitiveness in rapidly changing and uncertain modern business environments.
Download or read book The Dynamics of New Firm Formation written by Vinod Sutaria and published by Routledge. This book was released on 2017-11-22 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. The dynamics of New Firm Formation (NFF) are central to the phenomenon of economic growth and development. While the economic importance of NFF has been recognized, the mechanisms that drive NFF are not well documented or understood. Illustrated by an in-depth case study from Texas, this volume analyzes the relationships between NFF and its localized context. Using specially-formulated fixed-effects regression models, the study brings about controversial new findings. These provide a counterpoint to the neoclassical theory that there is an adversarial relationship between small and large firms by instead suggesting that the relationship is more of a symbiotic one. Furthermore, it suggests that deep churning - the turnover and replacement in a business base - is a key factor in understanding the forces shaping regional economies.
Download or read book The Power of Unpopular written by Erika Napoletano and published by John Wiley & Sons. This book was released on 2012-03-27 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every successful brand in history is inherently unpopular with a specific demographic. Somewhere along the way, people felt they had to be popular in order to be successful, when in fact, the opposite is true. The brands playing in the space you want to dominate have already figured out the inherent power of being unpopular. In The Power of Unpopular, you'll discover the difference between flash-in-the-pan brand tactics and those designed to place you miles above the competition. Brand Personality: What's yours? Explore the importance of taking a stand and why brands become road kill without a distinct personality. Community: It's the number one thing that unpopular brands have figured out—learn how to build yours. Brand Advocacy: It knows no scale and your fans don't care how big you are. A guide for businesses on the proper care and feeding of their biggest asset. Erika Napoletano's irreverent yet never insincere tone takes readers on a colloquial and actionable journey, producing concepts that readers can immediately graft onto their existing business strategies. Complete with case studies of businesses from across the country, this is the book that couples theory with practice, creating pathways for business owners of any size and age. Change the way you do business and live your life—become unpopular.
Download or read book Women and Entrepreneurship in India written by Harpreet Kaur and published by Routledge. This book was released on 2021-09-23 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian Constitution is the largest written constitution that guarantees equality to women and empowers the State to take affirmative actions in favour of women. India has adopted International conventions for protection of rights of women and granting them equality and ratified the Convention on Elimination of All Forms of Discrimination Against Women (CEDAW) in the year 1993. The National Policy for Women Empowerment was presented in 2001, the goal of that policy to bring about the advancement, development and empowerment of women and enable women to become financially independent. Currently, India is the only country where the economic gender gap is larger than the political gender gap. Women are required to understand their own potential and overcome social barriers. With constant support of the government, change in stereotype mindset and skill development in women, India will continue witnessing gradual increase in women entrepreneurship in future. The aim of this book is to show the latest state of knowledge on the topic of women entrepreneurship, the role of women in business and women empowerment in India. Many aspects relating to role of women in business, sustainable business development and aspects going beyond economic empowerment of women are discussed in addition to presenting legal and regulatory frameworks. This book will be of interest to researchers, academics, policymakers, and students in the fields of entrepreneurship, empowerment, gender studies, and law.
Download or read book The Dynamics of New Firm Formation written by Vinod Sutaria and published by Ashgate Publishing. This book was released on 2001 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using original modelling techniques to analyze a US region, this volume examines the dynamics of New Firm Formation and its relationship to its localized context.
Download or read book Global Production National Institutions and Skill Formation written by Merve Sancak and published by Oxford University Press. This book was released on 2022-01-13 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many middle-income countries (MICs) that saw rapid growth in the 1990s and 2000s have been facing the danger of remaining in the 'middle-income trap' unless they shift from labour-intensive, low value-added production to higher value-added activities that require more advanced skills. Intermediate skills and vocational education and training (VET) systems that generate these skills are critical for addressing the challenges for MICs in achieving high-road development. This book examines the skill systems in Mexico and Turkey, with a focus on auto parts producers, and the implications of these systems for these countries' development. It adopts a multi-layered understanding of the term 'skill system', which comprises firm-level hiring and training practices as well as the national and global dynamics that influence these practices. Drawing on discussions around globalization and the convergence of economic activity vs. national institutions and divergence, as well as interviews with auto parts producers and stakeholders of the skill systems, the book examines how the participation of local firms in global supply chains and these firms' institutional environment affect the firm-level skilling practices. It highlights key differences in the role of the state in the skills systems of Mexico and Turkey and investigates the implications of skilling practices for the high/low-road development prospects of both nations.
Download or read book The Statist written by and published by . This book was released on 1888 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Exploring Transgenerational Entrepreneurship written by Pramodita Sharma and published by Edward Elgar Publishing. This book was released on 2013-11-29 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transgenerational entrepreneurship, as a discipline, examines the processes, resources and capabilities that allow family enterprises to create social and economic value over time in order to succeed beyond the first generation of business owners. While tangible resources such as financial and physical capital are certainly important factors in the long-term success of a family-run business, this book focuses specifically on the role of intangible resources and capabilities, which are less easily quantifiable but equally vital.
Download or read book The Innovative Entrepreneur written by Daniel F. Spulber and published by Cambridge University Press. This book was released on 2014-06-16 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovative entrepreneurs are the prime movers of the economy. The innovative entrepreneur helps to overcome two types of institutional friction. First, existing firms may not innovate efficiently due to incumbent inertia resulting from adjustment costs, diversification costs, the replacement effect, and imperfect adjustment of expectations. The innovative entrepreneur compensates for incumbent inertia by embodying innovations in new firms that compete with incumbents. Second, markets for inventions may not operate efficiently due to transaction costs, imperfect intellectual property protections, costs of transferring tacit knowledge, and imperfect information about discoveries. The innovative entrepreneur addresses inefficiencies in markets for inventions through own-use of discoveries and adoption of innovative ideas. The Innovative Entrepreneur presents an economic framework that addresses the motivation of the innovative entrepreneur, the innovative advantage of entrepreneurs versus incumbent firms, the effects of competitive pressures on incentives to innovate, the consequences of creative destruction, and the contributions of the innovative entrepreneur to the wealth of nations.
Download or read book Local Rates of New Firm Formation written by Martin Andersson and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We assess the empirical literature on the determinants of spatial variations in new-firm formation rates by undertaking a systematic empirical analysis of the relative roles of different demand- and supply-side factors. Using instrumental variables to address endogeneity, we find that local growth drives local entrepreneurship exclusively in services industries. Average establishment size has a robust negative influence on local new-firm formation rates, but its effect varies across industries. Local industry diversity is only positive for new-firm formation in high-tech and knowledge-intensive activities. There is also some evidence of that longer distances to urban centers is associated with higher new-firm formation rates. The only local factor with a consistent positive effect on new-firm formation across industries is local density of skilled workers. We conclude that industry structure, geography and agglomeration matter, but in the end, new firms are started by people, so it is unsurprising that the main factor driving local entrepreneurship is the characteristics of the local residents.
Download or read book Back on the Road to Serfdom written by Thomas E Woods and published by Open Road Media. This book was released on 2014-03-11 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leviathan is back The threat of statism has reemerged in force. The federal government has radically expanded its power—through bailouts, “stimulus” packages, a trillion-dollar health-care plan, “jobs bills,” massive expansions of the money supply, and much more. But such interventionism did not suddenly materialize with the recent economic collapse. The dangerous trends of government growth, debt increases, encroachments on individual liberty, and attacks on the free market began years earlier and continued no matter which political party was in power. This shift toward statism “will not end happily,” declares bestselling author Thomas E. Woods. In Back on the Road to Serfdom, Woods brings together ten top scholars to examine why the size and scope of government has exploded, and to reveal the devastating consequences of succumbing to the statist temptation. Spanning history, economics, politics, religion, and the arts, Back on the Road to Serfdom shows: · How government interventionism endangers America’s prosperity and the vital culture of entrepreneurship · The roots of statism: from the seminal conflict between Thomas Jefferson and Alexander Hamilton to the vast expansion of federal power in the twentieth century · Why the standard explanation for the recent economic crisis is so terribly wrong—and why the government’s frenzied responses to the downturn only exacerbate the problems · Why the European welfare state is not a model to aspire to but a disaster to be avoided · How an intrusive state not only harms the economy but also imperils individual liberty and undermines the role of civil society · The fatal flaws in the now-common arguments against free markets and free trade · How big business is helping government pave the road to serfdom · Why the Judeo-Christian tradition does not demand support for the welfare state, but in fact values the free market · How the arrogance of government power extends even to the cultural realm—and how central planning is just as inefficient and destructive there It’s been more than sixty-five years since F. A. Hayek published his seminal work The Road to Serfdom. Now this impeccably timed book provides another desperately needed warning about—and corrective to—the dangers of statism.
Download or read book Small Business and Innovation written by United States. Congress. Senate. Select Committee on Small Business and published by . This book was released on 1979 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Firm Formation and Regional Economic Development written by Mike Danson and published by Routledge. This book was released on 2002-09-26 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on studies and expertise from around the world, this book describes the transition from research to policy and covers the pre-requisites to successful new firm formation policies. At a time when a new firm formation is promoted by central and local government, business development agencies and the private sector, this book questions the economic dependence on small firms and explores the relevance of networking, information and advice.
