منابع مشابه
Author ' s personal copy Entrepreneurs as intermediaries
This paper sketches the contours of a theory of entrepreneurship focusing on the nature of entrepreneurship as intermediation under information asymmetries. While entrepreneurship, strategy, and finance researchers have studied the relationship between entrepreneurs and intermediaries, they tend to treat intermediaries, such as venture capitalists, as a separate organizational form that is para...
متن کاملBureaucrats as entrepreneurs: Do municipal telecommunications providers hinder private entrepreneurs
We consider how government-owned enterprises affect privately owned rivals. Specifically, we compare the types of markets that municipally owned telecommunications providers in the United States serve to the types of markets that competitive local exchange carriers (CLECs) serve. We find that CLECs focus on potential profitability while municipalities appear to respond to other factors, such as...
متن کاملEntrepreneurs as Organizational Products Revisited
Macro studies of entrepreneurship emphasize how environmental conditions—social, economic, and political—facilitate the creation of new organizations. Examples include how periods of political turbulence create favorable conditions for the emergence of new organizations (e.g., Delacroix & Carroll, 1983), how market concentration driven by the movement of generalist organizations favors the emer...
متن کاملIntermediaries as Value Moderators in Electronic Marketplaces
The growth of E-commerce had suddenly changed the ground-rules for conducting business, linking the consumer directly to the producer. The digitization of content also meant faster and easier transmission of information from one point to another in a network, thus reducing the need for an intermediary. It was assumed that intermediaries would disappear resulting in frictionless commerce. This p...
متن کاملFirms as Surrogate Intermediaries: Evidence from Emerging Economies
A firm can finance investment either by borrowing or by drawing on cash balances, so that financial asset and liability changes tend to have opposite signs. In contrast, financial intermediaries borrow in order to lend, so that financial asset and liability changes have the same sign. Large non-financial firms in China and India behave like intermediaries rather than textbook non-financial firm...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of World Business
سال: 2014
ISSN: 1090-9516
DOI: 10.1016/j.jwb.2013.04.003