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Kirchhoff blends economics, business, and governemnt policy to demonstrate that entrepreneurship's role in business formation and growth energizes and maintains the viability of capitalism. Entrepreneurs convert new ideas into marketable products and services and use these to grab market shares from older, established firms. This process not only produces economic growth, but also redistributes resources so as to assure equitable distribution within society. Acknowledging that this perception is descriptive but lacks predictive power, Kirchhoff offers a typology to assist in predictive theory building and to guide government policy development.
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This work is an interdisciplinary study dealing with the dynamic economic system found in a capitalistic society. This dynamic system is based on the continuous development of new firms that exploit new ideas more efficiently than old firms and that create new jobs and economic activity.About the Author:
BRUCE A. KIRCHHOFF is Professor of Entrepreneurship at the School of Industrial Management at the New Jersey Institute of Technology. Prior to becoming a professor, he spent ten years in sales, marketing and international business with two corporations. During his 23 years as a professor, he took time out to start two high technology businesses and to serve as Chief Economist of the U.S. Small Business Administration and later as an Assistant Director for the Minority Business Development Agency. He has served the International Council for Small Business as President, Financial Vice President and serves on the Steering Committee of the International Small Business Congress. He is on the Board of Editors of the Small Business Forum, the Journal of Small Business Management and Entrepreneurship Theory and Practice.
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Book Description Praeger, 1993. Hardcover. Condition: New. Never used!. Seller Inventory # P110275937577
Book Description Praeger, 1993. Hardcover. Condition: New. Ships Fast! Satisfaction Guaranteed!. Seller Inventory # mon0000637351
Book Description Praeger, 1993. Condition: New. book. Seller Inventory # M0275937577
Book Description Praeger, 1993. Hardcover. Condition: New. Seller Inventory # DADAX0275937577