{"product_id":"the-origin-and-evolution-of-new-businesses-paperback","title":"The Origin and Evolution of New Businesses - Paperback","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eAmar V. Bhide\u003c\/b\u003e (Author), \u003cb\u003eAmar V. Bhid?\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eWhat 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? \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eIn 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. \u003cp\u003e\u003c\/p\u003eTransforming 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. \u003cp\u003e\u003c\/p\u003eThis 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.\u003cbr\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eAmar Bhide\u003c\/strong\u003e, an associate professor on leave from Harvard Business School, is teaching at the University of Chicago. A former consultant at McKinsey \u0026amp; 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 \u003cem\u003eHarvard Business Review\u003c\/em\u003e articles, papers on corporate governance in the \u003cem\u003eJournal of Financial Economics\u003c\/em\u003e and the \u003cem\u003eJournal of Applied Corporate Finance\u003c\/em\u003e, and the book \u003cem\u003eOf Politics and Economic Reality\u003c\/em\u003e.\u003cbr\u003e\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 432\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.11 x 9.06 x 6.03 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 16, 2003\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":53044426998067,"sku":"9780195170313","price":89.78,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/UnVzVW53aFFSTnlZUDF1ajRnUGY1dz09.webp?v=1770871884","url":"https:\/\/www.vysn.com\/products\/the-origin-and-evolution-of-new-businesses-paperback","provider":"VYSN","version":"1.0","type":"link"}