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                        The Entrepreneurship Dynamic - Origins of Entrepreneurship and the Evolution of Industries (Paperback)
                    
                        
                            
                            
                            
                            
                                
                                
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                The Entrepreneurship Dynamic - Origins of Entrepreneurship and the Evolution of Industries (Paperback)
            
                
                
                  
                    
                        
                        
                    
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Scholars and popular writers have written a great deal about
entrepreneurs and the formation of new companies, but they have not
succeeded in predicting when and where large numbers of new
organizations will emerge. This volume attempts, from the viewpoint
of the interdisciplinary field of organization studies, to answer
two major questions about entrepreneurship: First, what are the
conditions that prompt the founding of large numbers of new
organizations or entirely new industries? Second, what are the real
and significant effects of such entrepreneurial activities on
existing industries, economies, and societies? The authors emphasize that new organizations do not emerge full
blown from the idiosyncratic minds of individual entrepreneurs.
Their ideas for new organizations, their ability to acquire capital
and other essential resources, and their likelihood of survival as
entrepreneurs derive from the contexts in which they live and work.
At the same time, new organizations fundamentally and immediately
transform their contexts.
 The first part of the book explores the mental models that founders
of new companies bring with them from previous experiences, the
ways in which their ideas come not only from the companies in which
they work but from the surrounding organizational communities, and
the importance of local and regional dynamics in nurturing
innovative communities. Other papers in this section shift
perspective from geographic communities to other contexts--the
university, the knowledge industry, and the technology cycle.
 The second part of the book explores the role of entrepreneurial
activity in the transformation of contexts and the evolution of
industries, focusing on the processes and tools that entrepreneurs
use to legitimate new organizational populations, and the
collateral industries and communities that build up around new
organizational populations, aiding in the development of new
companies.
 
 
                    
                    
                        
                            
                            
                            
                        
	
	
		
	
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