Browsing by Subject "entrepreneurship"
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Foss, Nicolai J.; Klein, Peter G. (Frederiksberg, 2010)[More information][Less information]
Abstract: This paper offers a critical perspective on Israel Kirzner’s basic analytical framework. Specifically, we characterize Kirzner’s emphasis on processes of equilibration as a departure from the causal-realist price theory developed by Menger and his nineteenth- and twentieth-century followers. In this context, we contrast Kirzner’s interpretation of entrepreneurship as discovery with a more realistic, and operationally meaningful, idea of entrepreneurship as action. Finally, we discuss an inconsistency in Kirzner’s treatment of the antecedents of entrepreneurial behavior. URI: http://hdl.handle.net/10398/8029 Files in this item: 1
CBS_Forskningsindberetning_SMG_247.pdf (249.8Kb) -
Singapore Chinese business strategies after failing in ChinaDahles, Heidi (København, 2006)[More information][Less information]
Abstract: The focus of this paper is on the strategies applied by Singapore-Chinese businesses upon failing in their China business ventures. It has been argued that both the increase of Singapore ventures into China and the failures are due to either cultural issues (misinterpretation of ‘shared ethnicity’) or economic factors (differences in economic practices). Singapore businessmen apply inclusive strategies combining Western management styles with Chinese ways of doing business in order to reduce the risk involved with investments across national borders into China. Though largely successful, this strategy entails its own risks. Based on 10 case studies, this paper discusses the ways in which Singapore Chinese entrepreneurs respond upon failing in China and the strategies they develop to re-find their comfort zone for transnational business ventures. Keywords: Chineseness, Ethinicity, Entrepreneurship, Singapore, China, Business Strategies. URI: http://hdl.handle.net/10398/7401 Files in this item: 1
heidi.pdf (166.4Kb) -
perspectives from organizational economicsElfring, Tom; Foss, Nicolai Juul (København, 1997)[More information][Less information]
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Keuschnigg, Christian; Nielsen, Søren Bo (København, 2006)[More information][Less information]
Abstract: In recent years, venture capital has become an important source for nancing young entrepreneurial rms. Given the apparently more innovative nature and extra value added of venture capital backed rms compared to other firms, policy makers have taken an increasing interest in an active venture capital industry. We explore how selected policy instruments determine the incentives of individuals to start up new rms and of venture capitalists to nance and advise them, and how policy thereby influences the size and nature of the industry and how it aspects aggregate welfare. We examine the impact of wage and corporate income taxes as well as capital gains taxes and start-up capital subsidies on the volume and quality of venture capital backed entrepreneurship. JEL-Classi cation: D82, G24, H24, H25 Keywords: Entrepreneurship, venture capital, double moral hazard, taxes, sub-sidies. URI: http://hdl.handle.net/10398/7569 Files in this item: 1
wp15-06.pdf (291.5Kb) -
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Abstract: In this paper, I argue that all the existing theories of the firm, i.e., the transaction cost, knowledge-based, and entrepreneurial theories, are insightful yet partial since they only deal with one or another possible situation in which the first ever firm came to exist. In addition, all of them have a common problem of buyer/entrepreneur/firm-centrism because they all ignore the role of employees in the formation of the firm. I argue, since they are complementary to each other, a new, comprehensive and integrative theory of the firm must be able to unify them with a consideration of employees. I propose a relationship-based theory of the firm (R’BT) as such a candidate theory. The R’BT places the employer-employee (or broader, firm-stakeholder) relationships at the centre of its whole theoretical framework and argues that the notion of relationship harmony is fundamental in explaining the nature of the firm. URI: http://hdl.handle.net/10398/8054 Files in this item: 1
Now showing items 1-5 of 5