Panos Mourdoukoutas - Collective Entrepreneurship in a Globalizing Economy
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Cover
| title | : | Collective Entrepreneurship in a Globalizing Economy |
| author | : | Mourdoukoutas, Panos. |
| publisher | : | Greenwood Publishing Group |
| isbn10 | asin | : | 1567202896 |
| print isbn13 | : | 9781567202892 |
| ebook isbn13 | : | 9780585384320 |
| language | : | English |
| subject | Entrepreneurship. | |
| publication date | : | 1999 |
| lcc | : | HB615.M69 1999eb |
| ddc | : | 658.4/21 |
| subject | : | Entrepreneurship. |
Page i
ENTREPRENEURSHIP
IN A GLOBALIZING
ECONOMY
Page ii
This page intentionally left blank.
Page iii
COLLECTIVE
ENTREPRENEURSHIP
IN A GLOBALIZING
ECONOMY
Panos Mourdoukoutas
Page iv
Library of Congress Cataloging-in-Publication Data
Mourdoukoutas, Panos.
Collective entrepreneurship in a globalizing economy / by Panos
Mourdoukoutas.
p. cm.
Includes bibliographical references and index.
ISBN 1567202896 (alk. paper)
1. Entrepreneurship. I. Title.
HB615.M69 1999
658.4'21dc21 9910408
British Library Cataloguing in Publication Data is available.
Copyright 1999 by Panos Mourdoukoutas
All rights reserved. No portion of this book may be reproduced, by any process or technique, without the express written consent of the publisher.
Library of Congress Catalog Card Number: 9910408
ISBN: 1567202896
First published in 1999
Quorum Books, 88 Post Road West, Westport, CT 06881
An imprint of Greenwood Publishing Group, Inc.
www.quorumbooks.com
Printed in the United States of America
The paper used in this book complies with the Permanent Paper Standard issued by the National Information Standards Organization (Z39.481984).
10 9 8 7 6 5 4 3 2
Page v
To Anastasia
Page vi
This page intentionally left blank.
Page vii
Exhibits | ix | |
Preface | xi | |
Acknowledgments | xv | |
Collective Entrepreneurship: The Ultimate Advantage | ||
Notes | ||
Part I | The Other Side of Globalization and the Limits of Reengineering | |
The Other Side of Globalization: Price and Business Destruction | ||
Intensification of Competition and Rising Risks | ||
Price and Business Destruction and Falling Profits | ||
Implications for Business Strategy | ||
Notes | ||
The Limits of Reengineering and Operational Effectiveness | ||
Adoption and Adaptation | ||
Imitation | ||
Saturation | ||
Obsoleteness | ||
Product Complexity | ||
Notes |
Page viii
Part II | Beyond Reengineering: Constructive Destruction, Collective Entrepreneurship, and Communities of Common Fate | |
The Constructive Destruction of the Corporation | ||
Constructive Destruction as Business Strategy | ||
Minimize Friction between Winners and Losers | ||
Balance Concentric and Centrifugal Forces | ||
Integration of Market and Technical Information | ||
Notes | ||
The Concept of Collective Entrepreneurship | ||
Entrepreneurship: The Other Function of the Firm | ||
From Individual to Collective Entrepreneurship | ||
Types of Collective Entrepreneurship | ||
Notes | ||
Communities of Common Fate | ||
From the Conventional Corporation to the Entrepreneurial Community of Common Fate | ||
From the Division of Labor to the Division of Entrepreneurship | ||
Notes | ||
The Limits of Collective Entrepreneurship | ||
The Human-Talent Constraint | ||
The Intellectual-Property-Rights Constraint | ||
The Scale Constraint | ||
The Social Constraint | ||
Notes | ||
Summary and Conclusions | ||
Selected Bibliography | ||
Index |
Page ix
1.1 The Two Sides of Globalization | |
1.2 Entrepreneurial Networks: Cooperation and Competition | |
2.1 Summary Price Index for Microprocessors | |
2.2 Chinas Export Unit Values | |
2.3 The Value of a Dollar, 18601989 | |
2.4 Business Strategies for Todays Global Economy: From the 1970s to the 1990s | |
5.1 From Individual to Network Capitalism: The Rising and Falling of Internal and External Corporate Boundaries | |
5.2 Internal Collective Entrepreneurship: Lowering the Internal Boundaries of Conventional Corporations | |
5.3 External Collective Entrepreneurship | |
5.4 Contractual versus Noncontractual Entrepreneurial Networks | |
6.1 Division of Entrepreneurship versus Division of Labor | |
6.2 Conventional versus Modern Economic Processes | |
6.3 Division of Roles: Entrepreneurial Networks versus Conventional Corporations | |
7.1 Fastest-Growing Occupations, 19962006 | |
7.2 The Relative Importance of Invention, Innovation, and Mass Production in Traditional versus Modern Industries | |
7.3 Collective Entrepreneurship: Size versus Performance |
Page x
7.4 Entrepreneurial Compensation: Human Capital versus Compensation Ratio |
Page xi
In the years of bitter struggle between capitalism and socialism, young generations around the world were obsessed with Karl Marx and his socialist ideas, especially those generations living in the former Soviet Republics, China, even Europe, and in what was once called the Third World. Posters of celebrated revolutionaries like Che Guevara, Fidel Castro, and Mao Tse-tung decorated university walls, while red banners and anticapitalist, antibusiness slogans colored and enlivened union protests and popular demonstrations. Entrepreneurs were viewed by a large part of society as ruthless exploiters, and as the blood suckers of the working class and wealth accumulators for its own sake or for conspicuous consumption.
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