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Entrepreneurship and Dynamic Capitalism by Bruce Kirchhoff Pdf
Kirchhoff blends economics, business, and governemnt policy to demonstrate that entrepreneurship's role in business formation and growth energizes and maintains the viability of capitalism. Entrepreneurs convert new ideas into marketable products and services and use these to grab market shares from older, established firms. This process not only produces economic growth, but also redistributes resources so as to assure equitable distribution within society. Acknowledging that this perception is descriptive but lacks predictive power, Kirchhoff offers a typology to assist in predictive theory building and to guide government policy development.
The Entrepreneurial State by Mariana Mazzucato Pdf
Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.
A New Economics for Modern Dynamic Economies by Angelo Fusari Pdf
It is becoming increasingly clear that a new economics is required for investigating modern dynamic economies and the coming social world. Important features of those economies, such as innovation, uncertainty and entrepreneurship, are usually considered capitalist features. This may have been true historically, but this book argues that the contrary will be true for the future: the full and efficient operation of those supposed capitalist features will increasingly require the overcoming of capitalist civilization. In this book, Angelo Fusari constructs a theoretical framework for the interpretation and management of modern dynamic economies which demonstrates that institutional transformations are essential if we are to move beyond the current consumer-capitalist age and the age of the domination of financial capital. A New Economics for Modern Dynamic Economies opens with a consideration of the basic aspects of modern dynamic economies and proceeds to develop a representation of the whole economic system centred on the interrelationships between entrepreneurship, innovation and radical uncertainty in a ‘dynamic competition’ process. This model provides an explanation of business cycles that largely differs from current explanations as it derives from the notion of dynamic competition. The book is then extended from the sectoral to the micro level and then to the level of the firm. The second half of the book is concerned with operational problems and in particular with the integration of this analysis of cycles with the notion of historical phases of development. The final chapter explores the route of the transition from capitalism to a new economic and social order – a transition of vital importance, both for the contemporary world and for the coming world. This volume is of great interest to those who study political economy, macroeconomics and economic theory and philosophy. The book shows the possibility of a scientific explanation of important ethical principles as indispensable to the organizational efficiency of the social system: for instance, the necessity and the way to conciliate productive efficiency, social justice and individual freedom.
Competencies and Institutions Fostering High-growth Firms by Martin J. Wainwright,Magnus Henrekson,Michael Irwin Jordan,Dan Johansson Pdf
The formalism of probabilistic graphical models provides a unifying framework for capturing complex dependencies among random variables, and building large-scale multivariate statistical models. Graphical models have become a focus of research in many statistical, computational and mathematical fields, including bioinformatics, communication theory, statistical physics, combinatorial optimization, signal and image processing, information retrieval and statistical machine learning. Many problems that arise in specific instances-including the key problems of computing marginals and modes of probability distributions-are best studied in the general setting. Working with exponential family representations, and exploiting the conjugate duality between the cumulant function and the entropy for exponential families, Graphical Models, Exponential Families and Variational Inference develops general variational representations of the problems of computing likelihoods, marginal probabilities and most probable configurations. It describes how a wide variety of algorithms- among them sum-product, cluster variational methods, expectation-propagation, mean field methods, and max-product-can all be understood in terms of exact or approximate forms of these variational representations. The variational approach provides a complementary alternative to Markov chain Monte Carlo as a general source of approximation methods for inference in large-scale statistical models.
An examination of clean technology entrepreneurship finds that “green capitalism” is more capitalist than green. Entrepreneurs and investors in the green economy have encouraged a vision of addressing climate change with new technologies. In Planetary Improvement, Jesse Goldstein examines the cleantech entrepreneurial community in order to understand the limitations of environmental transformation within a capitalist system. Reporting on a series of investment pitches by cleantech entrepreneurs in New York City, Goldstein describes investor-friendly visions of incremental improvements to the industrial status quo that are hardly transformational. He explores a new “green spirit of capitalism,” a discourse of planetary improvement, that aims to “save the planet” by looking for “non-disruptive disruptions,” technologies that deliver “solutions” without changing much of what causes the underlying problems in the first place. Goldstein charts the rise of business environmentalism over the last half of the twentieth century and examines cleantech's unspoken assumptions of continuing cheap and abundant energy. Recounting the sometimes conflicting motivations of cleantech entrepreneurs and investors, he argues that the cleantech innovation ecosystem and its Schumpetarian dynamic of creative destruction are built around attempts to control creativity by demanding that transformational aspirations give way to short-term financial concerns. As a result, capitalist imperatives capture and stifle visions of sociotechnical possibility and transformation. Finally, he calls for a green spirit that goes beyond capitalism, in which sociotechnical experimentation is able to break free from the narrow bonds and relative privilege of cleantech entrepreneurs and the investors that control their fate.
Contemporary Entrepreneurship by Dieter Bögenhold,Jean Bonnet,Marcus Dejardin,Domingo Garcia Pérez de Lema Pdf
This book presents the current state-of-the-art in all major and upcoming areas of entrepreneurship research. Thousands of scholars around the world are currently working to broaden our understanding of the entrepreneurial phenomenon. The disciplines involved are numerous, as are the topics of interest, with substantial efforts to enhance the existing knowledge. This book is specifically designed to facilitate high-level, high-intensity discussions and fruitful exchanges between scholars involved in entrepreneurship research. The articles address a variety of topics ranging from self-employment, technology, growth patterns and job creation, and success and failure rates, to historical, conceptual and comparative international approaches. “This book takes entrepreneurship beyond the individual, size of the venture, entrepreneurial personality, and looks at entrepreneurship as a long term complex process that is heterogeneous, content dependent with an emphasis on innovation and growth. A must read for individuals interested in entrepreneurship, today and in the future, on a domestic and global basis.” – Robert D. Hisrich, Director – Walker Center and Garvin Professor of Global Entrepreneurship, Thunderbird School of Global Management “Entrepreneurship is perhaps not just the most multifaceted but also the most important concept of the modern socio-economic disciplines. This book makes an invaluable contribution in this fascinating area: it presents a multifaceted socio-economic examination of the impact of entrepreneurship for growth.” – Roy Thurik, Erasmus School of Economics in Rotterdam and Montpellier Business School
What if the distinction between business and doing good vanished? What if all those who engaged in business were committed to a deeper purpose, and all those committed to doing good were entrepreneurial and enterprising? What would it take for a world of seven billion such people to solve all the world’s problems? More and more people are looking for meaning and purpose in their lives as employees, as consumers, and as investors. More and more people have more than enough material goods and are more interested in the qualities of the goods they buy; in the experiences associated with the services they provide and buy; in the way the companies they buy from act as citizens; and in self-actualization—rising up Maslow’s hierarchy. As an increasing percentage of the population reaches the point at which they no longer need more stuff, what will they do, how will they live their lives? If you are one of these people, wondering where to go from here, how to “be the solution” in the twenty-first century, Be the Solution provides an original perspective on how to create a better world. Focused entirely on entrepreneurial and Conscious Capitalist solutions to the challenges and opportunities facing humanity, Be the Solution shows how the entrepreneurial passion to create a better world, in combination with Conscious Capitalist business practices, can solve far more of the world’s problems than any other approach. In combination with leading Conscious Capitalists such as John Mackey writing on “Conscious Capitalism,” leading social entrepreneurs such as Muhammad Yunus writing on “Social Business,” and leading legal reform experts such as Hernando de Soto writing on “Is Economic Freedom for Everyone?,” entrepreneurial educator Michael Strong lays out a philosophical, social, and legal framework for a FLOW vision through which all problems may be solved entrepreneurially. FLOW, Inc., is an organization cofounded by John Mackey and Michael Strong to promote Mihaly Csikszentmihalyi’s concept of flow as optimal experience—the state in which we are so immersed in challenging, creative activity that we forget that time is passing. To be engaged in flow activities is happiness itself. Whether we are creators of enterprises or entrepreneurially creative within our life as employees, we can embody the entrepreneurial spirit and, in the words of Michelangelo, “criticize by creating.” In addition, FLOW refers to the global flow of goods, services, capital, humans, ideas, and culture, in a positive win-win-win world based on love rather than fear. Combining the best of the positive psychology and human potential movements with the best of free market thinking, FLOW offers a unique perspective on how to Be the Solution in the twenty-first century.
Dynamics of Industrial Capitalism by Richard N. Langlois Pdf
Co-winner of the 2006 Schumpeter Prize of the International Joseph A. Schumpeter SocietyExplaining the shift of the organizational landscape towards more specialized entities connected by markets and networks, this book places the work of Schumpeter and Chandler in a larger theoretical framework.
The Entrepreneurship Dynamic by Claudia Bird Schoonhoven,Elaine Romanelli Pdf
New organizations do not emerge full blown from the idiosyncratic minds of individual entrepreneurs. Their ideas for new organizations, their ability to acquire capital and other essential resources, and their likelihood of survival as entrepreneurs derive from the contexts in which they live and work. The Entrepreneurship Dynamic explores the conditions that prompt the founding of large numbers of new organizations or entirely new industries, and the effects on existing industries, economies, and societies.
In addition to the major themes of his life--the place of the entrepreneur in economic development, the risks and rewards of innovation, business cycles and why they occur, and the evolution of capitalism in Europe and America--the essays contain statements on how Schumpeter viewed his own development. They discuss how he looked at Marxism, and how he feared that economics was in danger of becoming too ideological. Several of the essays are classics. In this new edition, Schumpeter's Essays can finally be read with the enjoyment and enlightenment they deserve. The volume is alive to the basic issues of our time.
Post-Capitalist Entrepreneurship by Boyd Cohen Pdf
Post-Capitalist Entrepreneurship: Startups for the 99% details the implications of the post-capitalist society on entrepreneurship around the globe, and it challenges many of our underlying assumptions about how entrepreneurs form startups and the objectives and roles, or lack thereof, of startup investors in a post-capitalist society. The author explores real emerging stories about different forms of post-capitalist entrepreneurship (PCE) with chapters dedicated to subjects such as platform cooperatives, alternative currencies (local, crypto, and time banking), and the emergence of blockchain-enabled Distributed Autonomous Organizations (DAOs). This book will help aspiring and current entrepreneurs, investors and policymakers to: Understand emerging trends in new forms of economic activity that will shape the future of entrepreneurial opportunities Discover new approaches to business modeling in the post venture-capital opportunity space Embrace Lean startup and collaborative startup approaches that can accelerate startups in these new markets Recognize new spaces and avoid being disintermediated by new forms of startups and financing Know why and how local governments should reshape entrepreneurship policy to support post-capitalist entrepreneurship for the 99%
The Road to Entrepreneurship by Kingstone P. Ngwira Pdf
This book is so timely to read and is a must-read book for entrepreneurs, corporate managers, and those that are trusted to manage the state. The book presents superior strategies, and if you dedicate yourself to applying them, you will become wealth, and if you make this book part of your life, it will make you rich. I have made these statements with confidence because the book has proven and tested principles. The purpose of this book is exciting each of the three levels that form the economy to look at the role of entrepreneurship as a significant in wealth creation. Thus why entrepreneurs should be perceived as angels of economic growth and this book brings to them the material they need to launch and manage business successfully in the hotly competitive environment of twenty-first century. The field of entrepreneurship is experiencing incredible rates of growth, not only in developing countries but across the world as well. People of all backgrounds, ages, and stations of life are launching businesses of their own and in the process are reshaping the global economy through entrepreneurship at individual, business, and state levels. Entrepreneurs willing to assume the risks of the market to gain its rewards are the heart of capitalism. These men and women with their bold entrepreneurial spirits will lead nations into wealth and prosperity throughout history. Since economy is composed of individual, business (firm) and state level entrepreneurship embraced at all these levels is significant force throughout nations. In every case, it is the entrepreneurs creating businesses that lead to nations out of jungles of economic oppression to higher standards of living and hope for the future. Topics include: 1. Understanding entrepreneurship 2. Venture growth 3. Corporate entrepreneurship 4. The role of entrepreneurship in an economy 5. Creation of wealth through entrepreneurship 6. Managing within the dynamic and complex environment (taking risks and making profits) 7. Legal environment of business
Dynamic Forces in Capitalist Development by Angus Maddison Pdf
An analysis of the nature of growth in 16 advanced capitalist countries which together account for half of world GDP, using a standardized framework of comparative growth accounts. The author identifies the causal factors reponsible for the unprecedented growth in these countries since 1820.
Author : Israel M. Kirzner,Arthur Seldon Publisher : [London] : Institute of Economic Affairs ; Central Islip, N.Y. : Transatlantic Arts, sole distributor for the U.S.A. Page : 176 pages File Size : 40,5 Mb Release : 1980 Category : Business & Economics ISBN : STANFORD:36105038931908