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eBook The Origin and Evolution of New Businesses epub

by Amar V. Bhide

eBook The Origin and Evolution of New Businesses epub
  • ISBN: 0195170318
  • Author: Amar V. Bhide
  • Genre: Business
  • Subcategory: Management & Leadership
  • Language: English
  • Publisher: Oxford University Press; 1 edition (October 16, 2003)
  • Pages: 432 pages
  • ePUB size: 1662 kb
  • FB2 size 1413 kb
  • Formats doc azw lrf txt

I cannot say enough about The Origin and Evolution of New Businesses

The book should be required reading for entrepreneurs at all stages in the development of their enterprises. I cannot say enough about The Origin and Evolution of New Businesses. It is, in my estimation, the single most significant contribution to our understanding of entrepreneurship to date.

A former consultant at McKinsey & Company and proprietary trader at . from the Harvard Business School, where he was a Baker Scholar, and a . ech. from the Indian Institute of Technology.

This book targets the issues central to successful start-up ventures, such as endowments and . All content in this area was uploaded by Amar Bhidé.

Written in clear, concise prose, The Origin and Evolution of New Businesses goes behind the charts and graphs of business theory to the true heart of success. It is essential reading for business students, would-be entrepreneurs, or executives wanting to incorporate the vitality of the entrepreneurial spirit into their organization.

Amar Bhidé, an Associate Professor on leave from the Harvard Business School, is teaching at the University of Chicago. A former consultant at McKinsey & Company and proprietary trader at . Hutton, Bhidé received a doctorate and an MBA from the Harvard Business School where he was a Baker Scholar, and a . Early drafts of The Origin and Evolution of New Business changed my thinking about start-ups and were a formative influence on the business I co-founded, Case Shiller Weiss, Inc. The book provides a substantial chunk of what people go to business schools for but don’t always find.

A helpful and/or enlightening book, inspite of its obvious shortcomings. For instance, it may be offer decent advice in some areas but be repetitive or unremarkable in others.

AMAR V. BHIDÉ, 2000. New York: Oxford University Press. The book is clearly written and easy to read.

This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.

Bhidé, Amar V. (1999) The Origin and Evolution of New Businesses. Oxford: Oxford University Press. Foss, Nicolai (1999) The Use of Knowledge in Firms. Journal of Institutional and Theoretical Economics, 155(3): 458-486. Clemence, Richard, V. (e. (1989) pp. 221-231. New Brunswick, USA: Transaction Publishers. Shane, Scott (2000) Prior Knowledge and the Discovery of Entrepreneurial Opportunities. Organization Science, 11(4): 448-469.

Full recovery of all data can take up to 2 weeks! So we came to the decision at this time to double the download limits for all users until the problem is completely resolved. Thanks for your understanding! Progress: 9. 2% restored. Главная The Origin and Evolution of New Businesses. The Origin and Evolution of New Businesses. Categories: Business.

What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few.This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.
Comments: (7)
This book continues to be the best ever written for those of us who want to learn the truth about how new businesses really start and grow, who try to be helpful to startups and small business owners.

To help spread the word, some of us have formed the new, free Small Business Chamber of Commerce to cooperate with local chambers across Colorado and eventually beyond to offer an alternative to the unhelpful SBA venture capital approach to startup. For more see our website SmallBizChamber(dot)org or our Facebook Page Facebook.com/Small.Business.Chamber
Entrepreneurship had long been neglected by academics and Bhide changed that with this classic book forever. While a bit outdated and of limited practical value, any serious entrepreneur will find loads of basics / fundamentals in the world of entrepreneurship.

Bhide's concept of 'Investment, Uncertainty & Profit' is in my opinion a principle of entrepreneurship worth the price of the book. The concept has been used a lot and probably the best re-use / improvement was written by Keith McFarland in 'The Breakthrough Company', chapter Upping the Ante.

This is a major book that changed the academic and professional work on how we think about entrepreneurship. Thus, many books have been using Bhide's finding extensively including 'Extradordinary Entrepreneurship', which is to me the finest and very best book for any hands-on entrepreneur.
This is not a breezy get-rich-quick look at how to start and grow a business. And don't expect a list of truisms like: plan your work, work your plan. No, this is an exhaustive exploration of the secret lives of successful small businesses.
If you can wade through its sometimes text book-like prose, you will come away with some tremendous insightful nuggets. Bhide does a great job of blowing away some generally held myths about business creation and the men and women behind growing companies. Bottom line: don't stereotype them.
Received item as advertized. Exceeded my expectation!
Good and clear view and snap shot what is the future with the trend the industry
Perhaps the best and most important business book ever written. I buy it for bosses and colleagues.
I chose it as a recommendation, and it came as expected. Looking forward to reading it fully and following its advice.
VERY FAST delivery!
There are two books here. The first book, on the origin of new businesses, is a tour de force. The second book, on the evolution of businesses from fledgling businesses to large enterprises, is not as satisfying. I will confine my review to the first book.
The author gives us a new perspective on new business formation. He discusses five types:
1. marginal businesses. These are hair salons, lawn care services, and other businesses that are simple and small-scale.
2. promising businesses. These businesses also start out at a small scale, but they are much more complicated because they are launched in turbulent markets with high levels of uncertainty. You are going into a market before most people even realize that there is such a market.
3. VC funded firms. These firms require more capital and a more solid business plan than promising new businesses.
4. Revolutionary ventures. These are VC funded firms on steroids (the venture funding may have to come from large enterprises), who take large risks while aiming for large profits.
5. Large enterprise innovation. Here, established companies launch new projects, which require large investments but have a high probability of success (think of Intel maintaining its lead in microprocessors).
This is an excellent theoretical scaffolding, to which Bhide is able to attach many interesting insights. Some are statistical. For example, in a large sample of successful small businesses, only 12 percent thought that the originality of their idea was what produced success. The rest attributed their success to "exceptional execution of an ordinary idea." p.32
Other insights are anecdotal, such as the descriptions of how companies adapted to customer demands.
If I were the type who used a highlighter to mark interesting passages, my copy of the book would be mostly yellow.
With its solid theory, statistical support, and anecdotal color, this book sets a new standard for books about entrepeneurship. No professor of business can afford to ignore this work.
General readers may find some faults with this book. If an academic tone puts you off, too bad for you. Go read "Seven Habits in Search of Chicken Soup" or something.
Another shortcoming is that the Internet receives no real mention. Email me for references to some essays on Internet entrepreneurship that I think are fairly consistent with the thrust of this book.
Overall, I give the book my strongest favorable recommendation.
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