Download e-book for iPad: Entrepreneurship in a European Perspective by C.K. Volkmann, K.O. Tokarski, M. Grünhagen

By C.K. Volkmann, K.O. Tokarski, M. Grünhagen

The most often debated concerns in administration pertains to the explanations for fulfillment and failure of latest businesses, company projects and initiatives. This textbook makes a speciality of the administration demanding situations of founding a brand new enterprise and coping with its progress because the enterprise evolves. It covers the most important administration components within the entrepreneurship context reminiscent of entrepreneurial finance, advertising, and human source administration. during this context the authors touch upon entrepreneurial ethics, social entrepreneurship and company tradition besides. extra hands-on administration themes like writing a marketing strategy and selecting a felony shape for a enterprise also are coated. A key bankruptcy of the e-book is devoted to management demanding situations in coping with quickly starting to be younger corporations positioned in new industries and know-how components. The publication is written from a Continental eu viewpoint to cater for its ecu target market in entrepreneurship classes to be held in English.

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Consulting and coaching offers; funding programmes) may be critical. In addition, such direct support efforts to stimulate entrepreneurial activity at the grass-root level may be complemented by transforming the university organization into an entrepreneurial university. , technology transfer offices and business networks) to liaise with industry; „ commitment to a diversified funding base blending public and private sector sources; „ pursuit of a true multi-disciplinary approach and „ living an overall entrepreneurial culture embracing all university staff.

2004); Gruber (2004); Hager/Galaskiewicz/Larson (2004)]. Liability of adolescence provides an important differentiation to the liability of newness notion. The liability of newness argues that failure rates of new organizations decline monotonically over time since newness problems are most severe at the time of founding and decrease thereafter. In contrast, the liability of adolescence concept combines empirical observations that “the risk of death for an individual organization is initially quite low and increases with time, reaching a peak at a point referred to as adolescence, and then subsequently declines” [Levinthal (1991), p.

For this reason, the examination and search for person-related variables, with which to identify a person as entrepreneur, is not meaningful. It is therefore also impossible to describe the type of a successful entrepreneur. In essence, the critique aims at examining not the personality characteristics of entrepreneurs but rather their behaviour and actions. ] In connection with such personality research, the question often arises which typical characteristics of entrepreneurs determine the success of the enterprise.

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