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The Microtheory of Innovative Entrepreneurship

2010-07-01 Business & Economics
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Release : 2010-07-01
Genre : Business & Economics
Kind : eBook
Book Rating : 224/5 ( reviews)

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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. This book was released on 2010-07-01. 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.

Digital Startups in Transition Economies

2018-11-11 Business & Economics
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Release : 2018-11-11
Genre : Business & Economics
Kind : eBook
Book Rating : 009/5 ( reviews)

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Book Synopsis Digital Startups in Transition Economies by : Agnieszka Skala

Download or read book Digital Startups in Transition Economies written by Agnieszka Skala. This book was released on 2018-11-11. Available in PDF, EPUB and Kindle. Book excerpt: This book responds to the growing demand for a scientific approach to the concept of startups, which are a manifestation of the digital revolution and an innovation-driven economy. With a focus on digital enterprises, the author presents empirical research carried out over 4 years in collaboration with the Startup Poland Foundation, and provides a developed universal definition of a startup. This book highlights the necessity of a clear definition, in order for startups to be treated as a permanent economic phenomenon, rather than a temporary whim. Addressing the crucial need for an effective startup management methodology and more education on this form of entrepreneurship, Digital Startups in Transition Economies offers guidance for those researching entrepreneurship and innovation, as well as entrepreneurs, public institutions, startup accelerators and technology transfer centres.

The Innovative Entrepreneur

2014-06-16 Business & Economics
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Release : 2014-06-16
Genre : Business & Economics
Kind : eBook
Book Rating : 250/5 ( reviews)

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Book Synopsis The Innovative Entrepreneur by : Daniel F. Spulber

Download or read book The Innovative Entrepreneur written by Daniel F. Spulber. This book was released on 2014-06-16. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an economic framework that addresses the motivation of the innovative entrepreneur.

The Evolution of a New Industry

2013-01-09 Business & Economics
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Release : 2013-01-09
Genre : Business & Economics
Kind : eBook
Book Rating : 993/5 ( reviews)

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Book Synopsis The Evolution of a New Industry by : Israel Drori

Download or read book The Evolution of a New Industry written by Israel Drori. This book was released on 2013-01-09. Available in PDF, EPUB and Kindle. Book excerpt: The Evolution of a New Industry traces the emergence and growth of the Israeli hi-tech sector to provide a new understanding of industry evolution. In the case of Israel, the authors reveal how the hi-tech sector built an entrepreneurial culture with a capacity to disseminate intergenerational knowledge of how to found new ventures, as well as an intricate network of support for new firms. Following the evolution of this industry from embryonic to mature, Israel Drori, Shmuel Ellis, and Zur Shapira develop a genealogical approach that relies on looking at the sector in the way that one might consider a family tree. The principles of this genealogical analysis enable them to draw attention to the dynamics of industry evolution, while relating the effects of the parent companies' initial conditions to their respective corporate genealogies and imprinting potential. The text suggests that genealogical evolution is a key mechanism for understanding the rate and extent of founding new organizations, comparable to factors such as opportunity structures, capabilities, and geographic clusters.

Institutional Reform for Innovation and Entrepreneurship

2017-05-11 Business & Economics
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Release : 2017-05-11
Genre : Business & Economics
Kind : eBook
Book Rating : 926/5 ( reviews)

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Book Synopsis Institutional Reform for Innovation and Entrepreneurship by : Niklas Elert

Download or read book Institutional Reform for Innovation and Entrepreneurship written by Niklas Elert. This book was released on 2017-05-11. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. The authors of this book advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal. Starting with the rule of law and the protection of property rights; the tax system; the authors deal with regulations governing savings, capital and finance, and the organization of labor markets and social insurance systems. Framework strategies related to the regulations governing goods and service markets, bankruptcy and insolvency are also put forward. A core understanding and future path is also provided towards R&D, commercialization and knowledge spillovers; human capital investments; and informal institutions.

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