Entrepreneurship

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Technical Specialized Knowledge and Founder Leadership at Initial Public Offering

In 2003 Noam Wasserman introduced the term “Paradox of Success” to describe how software company founders were more likely to be replaced as their startups attracted more capital or went public. Read More...

Category: Theory and Research

Authors: Jon Eckhardt , Marc Junkunc and Mingxiang Li

Six Ways the German Mittelstand Innovates With Limited Resources

Research identifies six practices that help Germany's Mittelstand family firms innovate successfully despite constraints on capital and talent. Family firms often face limits on the financial and Read More...

Category: Commentary

Author: Alfredo De Massis

How Entrepreneurial Legends, Heroes and Meccas are Born

Entrepreneurship history is filled with events, places and people who are now legendary or even sacred. In the beginning of the 20th century, New York’s Lower East Side became a place where Jewish Read More...

Category: Applied and Practice

Authors: Howard E. Aldrich and Stephen Lippmann

Why There Should Be No Birthright to a Job in the Family Business

Joe Brito says relatives should earn their place by starting at the bottom, learning the business and proving themselves before moving into leadership roles. Joe Brito, the third-generation head of Read More...

Category: Commentary

Author: Kimberly Eddleston

Interviewee: Joseph Brito, Jr.

James Wetherbe: How Consulting Connects Colleges to the Real World

James Wetherbe is the Richard Schulze Distinguished Professor at the Rawls College of Business at Texas Tech University. Previously he served on the faculty and the University of Houston, Minnesota Read More...

Category: Commentary

Author: Jon Eckhardt

This badge is awarded for articles reaching 250000 views. How Outside Executives Can Help Family Businesses Grow and Survive

Family firms can outgrow the skills of their founders. Hiring experienced outside leaders can strengthen the business and prepare the next generation to lead. Cultures around the world acknowledge Read More...

Category: Commentary

Author: Robert Sher

How Family Firms Can Use Scenario Planning to Survive Disruption

By asking what-if questions, family businesses can identify threats to their business model and prepare strategies before major changes arrive. While the world around them is changing at a faster and Read More...

Category: Education and Teaching

Authors: Franz Kellermanns and Nadine Kammerlander

How Self Employed Workers Can Estimate Startup Costs and Cash Flow

The Marginal Income Model helps new independent workers estimate startup costs, cash needs, pricing, breakeven and how long their money may last. Today people can no longer count on a steady paycheck Read More...

Category: Education and Teaching

Author: Roy Carriker

You Have Our Permission Not To Grow

According to Benjamin Franklin, life has only two certainties, death and taxes. It would appear, however, that the business world also has its own two certainties – the growth imperative and the Read More...

Category: Commentary

Authors: Jason Pattit and Katherina Pattit

Collaborative Action Exercises Engage Students More Fully Than Lectures and Exams

Traditional classroom lecture/discussion formats, followed by quizzes and exams, don’t prepare graduates for explaining their innovation to real-world skeptics. Editor's Note: Click to download Jim Read More...

Category: Education and Teaching

Author: James C Wetherbe