The Origin and Evolution of New Businesses

3.76 avg rating
( 42 ratings by Goodreads )
 
9780195131444: The Origin and Evolution of New Businesses

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.

"synopsis" may belong to another edition of this title.

About the Author:


Amar Bhide, an associate professor on leave from Harvard Business School, is teaching at the University of Chicago. A former consultant at McKinsey & Company and proprietary trader at E.F. Hutton, Bhide received a doctorate and an M.B.A. from the Harvard Business School, where he was a Baker Scholar, and a B.Tech. from the Indian Institute of Technology. He has written eight Harvard Business Review articles, papers on corporate governance in the Journal of Financial Economics and the Journal of Applied Corporate Finance, and the book Of Politics and Economic Reality.

Review:


"After this impressive study reviews the difficulties and risks involved in starting new businesses, it provides well selected examples of both successes and failures. Bhide's description and analyses of the continuing evolution of growth is placed in a broader historical setting, one that is related to more general economic and sociological analyses and theories. The book should be required reading for entrepreneurs at all stages in the development of their enterprises."-- Alfred D. Chandler, Jr., Isador Straus Professor of Business History, Emeritus Harvard Business School "Required reading for entrepreneurs at all stages in the development of their enterprises."--Alfred Chandler, Harvard Business School


"With the analytic rigor of a scholar and the practical insight of a savvy investor, Amar Bhide explores the most important aspects of entrepreneurship: how and why some businesses prosper and evolve while others atrophy. And unlike most research on entrepreneurs, Bhide explains how what's good for small business is good for big business and good for America."--Richard F. Cavanagh, President and CEO, The Conference Board


"Anyone who wants to start or grow a business should read this book. It combines rigorous analysis with data and field research on hundreds of new ventures. As a third generation entrepreneur, I found Bhide has accurately captured the challenges entrepreneurs face and their free-wheeling strategies for success."-- Dan Bricklin, Co-creator of VisiCalc, Co-founder of Software Arts, Software Garden and Trellix


"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. It illuminates what lies at the very heart of capitalism itself--the process by which men and women transform human capital (daring, imagination, resourcefulness) into financial capital (wealth). The only negative thing I have to say about this remarkable book is, 'damn, I wish I had written it myself.'--George Gendron, Editor in Chief, Inc. Magazine


"A good deal of what Mr. Bhide says is contentious. But the strength of his book is that it hands us large quantities of empirical and awkward fact. Any future theorizing about the role and nature of the entrepreneur must take it into account."--Financial Times


"This groundbreaking work shows the complementary roles held by innovative startup companies in areas with high uncertainty and little financial investment and by more established companies, which focus on large-scale projects with more certain payoffs....Offering a wealth of avenues for future research as well as insights for potential entrepreneurs, this book is sure to be cited for years to come."--Library Journal


"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Amar V. Bhide
Published by Oxford University Press (2000)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Oxford University Press, 2000. Hardcover. Book Condition: New. book. Bookseller Inventory # M0195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 27.46
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

2.

Bhide, Amar
Published by Oxford University Press (2016)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Paperback Quantity Available: 1
Print on Demand
Seller:
Ria Christie Collections
(Uxbridge, United Kingdom)
Rating
[?]

Book Description Oxford University Press, 2016. Paperback. Book Condition: New. PRINT ON DEMAND Book; New; Publication Year 2016; Not Signed; Fast Shipping from the UK. No. book. Bookseller Inventory # ria9780195131444_lsuk

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 48.36
Convert Currency

Add to Basket

Shipping: US$ 5.12
From United Kingdom to U.S.A.
Destination, Rates & Speeds

3.

Bhide, Amar V.
Published by Oxford University Press
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: 4
Seller:
Diafan Media
(Geneva, IL, U.S.A.)
Rating
[?]

Book Description Oxford University Press. Hardcover. Book Condition: New. 0195131444 New Condition *** Right Off the Shelf | Ships within 2 Business Days ~~~ Customer Service Is Our Top Priority! - Thank you for LOOKING :-). Bookseller Inventory # 2BOOK2P88882

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 50.04
Convert Currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, Rates & Speeds

4.

Bhide Amar V.
Published by Oxford University Press
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Quantity Available: 1
Print on Demand
Seller:
Majestic Books
(London, ,, United Kingdom)
Rating
[?]

Book Description Oxford University Press. Book Condition: New. pp. xx + 412 This item is printed on Demand. Bookseller Inventory # 7675675

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 53.29
Convert Currency

Add to Basket

Shipping: US$ 7.28
From United Kingdom to U.S.A.
Destination, Rates & Speeds

5.

Bhide, Amar V.
Published by Oxford University Press
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: 1
Seller:
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description Oxford University Press. Hardcover. Book Condition: New. 0195131444 New Condition. Bookseller Inventory # NEW7.0039912

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

6.

Amar Bhide
Published by OUP USA (1999)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Quantity Available: > 20
Print on Demand
Seller:
Pbshop
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description OUP USA, 1999. HRD. Book Condition: New. New Book.Shipped from US within 10 to 14 business days.THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Bookseller Inventory # IP-9780195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 98.81
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

7.

Bhide, Amar V.
Published by Oxford University Press (2000)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: 5
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Oxford University Press, 2000. Hardcover. Book Condition: New. Bookseller Inventory # INGM9780195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 107.45
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

8.

Amar Bhide
Published by OUP USA (1999)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Quantity Available: > 20
Print on Demand
Seller:
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description OUP USA, 1999. HRD. Book Condition: New. New Book. Delivered from our US warehouse in 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND.Established seller since 2000. Bookseller Inventory # IP-9780195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 104.76
Convert Currency

Add to Basket

Shipping: US$ 11.92
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

Bhide, Amar V.
Published by Oxford University Press (2017)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: > 20
Print on Demand
Seller:
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Oxford University Press, 2017. Hardcover. Book Condition: New. Never used! This item is printed on demand. Bookseller Inventory # 0195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 125.02
Convert Currency

Add to Basket

Shipping: US$ 1.99
Within U.S.A.
Destination, Rates & Speeds

10.

Amar Bhide
Published by Oxford University Press Inc, United States (2000)
ISBN 10: 0195131444 ISBN 13: 9780195131444
New Hardcover Quantity Available: 10
Print on Demand
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Oxford University Press Inc, United States, 2000. Hardback. Book Condition: New. New.. Language: English . Brand New Book ***** Print on Demand *****.Few would deny the crucial role that entrepreneurs play in our increasingly global economy-but exactly what is this vital, yet loosely defined business force we call the entrepreneurial spirit? This landmark study is the first to examine analytically the nature of the opportunities that entrepreneurs pursue, the problems they face, the traits they require, and the social and economic contributions they make. Until recently, entrepreneurs have been largely ignored in modern economic theory. But at the dawn of a networked age, marked by the advent of e-business and the home office, there s no question that entrepreneurs have recaptured the popular imagination. Studies now show that most men and women dream of starting their own businesses rather than rising through the corporate ranks. Yet in spite of increased attention by many of today s leading business schools, entrepreneurship has remained largely a mystery, an apparantly intuitive sense of values possessed by certain individuals. This book targets the issues central to successful start-up ventures, such as endowments and opportunities, planning versus adaptation, securing resources, corporate initiatives, venture capital, revolutionary ventures and the evolution of fledgling businesses. Focusing on hard data and evaluations of numerous start-up businesses, including many of today s major industry leaders, this book presents a new economic model-a key to understanding the guts, determination, luck and skills that constitute the underpinnings of corporate success. 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. Bookseller Inventory # APC9780195131444

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 135.23
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book