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A STRUCTURAL VIEW OF ENTREPRENEURSHIP:ENTREPRENEURIAL GOVERNANCE AND ORGANIZATION FORMS

机译:企业家精神的结构性观点:企业家的治理和组织形式

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Re-connecting managerial literature with organization theory and economic views on entrepreneurship, the paper provides a structural view of entrepreneurship as a distinctive mode of governance, that can be defined using the concept of human capital investibility (rather than a more vague notion of ‘innovativeness’). On that basis, various theoretical propositions and practical decision making implications are developed according to the investibility and concentration of human capital: whether and when ownership is likely to be concentrated in the entrepreneur or shared with financial investors; how to size the claims of the entrepreneur(s) versus other investors on asset ownership; whether to acquire new human resources through employment or partnership contracts; which legal form of enterprise and which organizational form to adopt. In this framework, both ‘traditional’ and ‘innovative’ entrepreneurial firms can be specified as particular cases. Empirical evidence is provided, drawing on original case study material.
机译:将管理文学与组织理论和关于企业家精神的经济学观点重新联系起来,本文提供了企业家精神作为一种独特治理模式的结构性观点,可以使用人力资本可投资性的概念来定义(而不是更模糊的“创新性”概念)。 ')。在此基础上,根据人力资本的可投资性和集中性,提出了各种理论命题和实际决策含义:所有权是何时以及何时可能集中在企业家身上或与金融投资者分享;如何确定企业家与其他投资者在资产所有权方面的债权;是否通过雇用或合伙合同获得新的人力资源;采用哪种企业法律形式和采用哪种组织形式。在此框架中,可以将“传统”和“创新”企业家公司都指定为特殊情况。根据原始案例研究材料提供了经验证据。

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