Alan L. Carsrud's Books

Understanding the Myth of High Growth Firms

The Theory of the Greater Fool

By: Malin Brännback,Alan L. Carsrud,Niklas Kiviluoto

Write a review Read reviews Take a Quiz Solve Book Puzzle

Understanding the Myth of High Growth Firms

The Theory of the Greater Fool

By: Malin Brännback,Alan L. Carsrud,Niklas Kiviluoto

In this volume, the authors challenge some long held assumptions about entrepreneurial firms held by academics, public policy makers, investors and even entrepreneurs themselves. The first is assumption is that growth is what really differentiates an entrepreneurial firm from a small business. The second is that growth is always good. Third, if growth is rapid, and/or high growth, it is even better. Drawing from a fresh review of the literature, their own primary research and experience in entrepreneurial ventures, the authors argue that the relationship between growth and firm performance is, in fact, inconclusive. Despite the strength of contemporary bias, there is strong evidence that the growth-profitability relationship is problematic. For example, rapid growth may lead to considerable organizational challenges that can seriously constrain a firm’s ability to generate sustainable profits. Also, it is not uncommon that a growth firm becomes a victim of its own success. Using examples from industries as diverse as airlines, accounting, biotechnology, information technology, personal products, wineries, and food establishments, the authors highlight limitations to research due to variations in the choice of growth indicators, the calculation of growth measures, the measurement periods, and whether objective or subjective measures have been used. Moreover, researchers have equated growth with high growth and almost automatically assumed that this also means high technology, while policy makers appear to have interpreted this as high employment. Armed with more precise definitions and understandings of key concepts and the nature of their causality, the authors consider the implications of restoring profitability to the core of entrepreneurship for future research, firm strategy, financing, organizational structure, resource allocation, and public policy.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

117

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461494575

ISBN 13

9781461494577

Entrepreneurship

By: Alan L. Carsrud,Malin E. Brannback

Write a review Read reviews Take a Quiz Solve Book Puzzle

Entrepreneurship

By: Alan L. Carsrud,Malin E. Brannback

Are entrepreneurs born or made? How do they recognize opportunity? How do they address the risks associated with designing, launching, and sustaining a new venture? There are many steps between having an idea and going public—this book explores the entrepreneurial process through all of its stages, a process in which some half a billion people are engaged worldwide every year. Illustrated through numerous real-life examples, the book is a map of the entrepreneurial journey, exploring the wide variety of opportunities open to the entrepreneur and how to build upon them, including an overview of such essential principles as screening, market research, product development, financing, and marketing and sales strategies. It also covers legal issues, intellectual property protection, motivating employees, managing boards and investors, use of technology, and the international environment. Featuring examples of business plans and presentations, exercises and checklists, and a glossary of key terms, this volume provides a solid overview and introduction to the process of business creation that will appeal to students and educators, general readers, and budding entrepreneurs. Nearly everyone recognizes iconic companies like Microsoft, Dell, and Ford. But what do we really know about the entrepreneurs (Bill Gates, Michael Dell, and Henry Ford, respectively) who founded these firms or the factors that influenced the birth and development of these corporate giants? How do entrepreneurs identify opportunity and how do they address the personal, social, and financial risks associated with designing, launching, and sustaining a new venture? There are many steps between having an idea and going public—this book explores the entrepreneurial process through all of its stages, a process in which some half a billion people are engaged worldwide every year. Illustrated through numerous real-life examples, the book is a map of the entrepreneurial journey, exploring the wide variety of opportunities open to the entrepreneur and how to build upon them, including an overview of such essential principles as screening, market research, product development, financing, and marketing and sales strategies. It also covers legal issues, intellectual property protection, motivating employees, managing boards and investors, use of technology, and the international environment. Featuring examples of business plans and presentations, exercises and checklists, and a glossary of key terms, this volume provides a solid introduction to the process of business creation that will appeal to students and educators, general readers, and budding entrepreneurs.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

209

Publisher

Bloomsbury Publishing USA

Published Date

ISBN 10

0313063567

ISBN 13

9780313063565

Understanding Family Firms

Case Studies on the Management of Crises, Uncertainty and Change

By: Alan L. Carsrud,Malin Brännback

Write a review Read reviews Take a Quiz Solve Book Puzzle

Understanding Family Firms

Case Studies on the Management of Crises, Uncertainty and Change

By: Alan L. Carsrud,Malin Brännback

Family-owned and managed firms are often beset by a variety of crises that can impact the firm’s very survival. These may include changes in technology, deaths of critical family members, competition within an industrial sector, shifts in market dynamics and product mixes, economic turmoil, political upheaval and revolution, firm growth, succession, and selecting new firm leadership. Such crises may be internal to the firm or a function of the external environment, and several may occur simultaneously; all of them contribute to a context of uncertainty, risk, and change, presenting particular challenges that are unique to family-owned businesses. This volume presents eight in-depth case studies of family-owned firms that represent a variety of industries and situations. Each case explores the dynamics of managing in chaotic environments and how family leadership responded to crises. Lessons learned from these experiences will help readers understand how to solve problems under conditions of uncertainty and how to avoid failure, when the survival of the firm is at stake. Featuring questions and learning notes designed to engage the reader directly, this volume will be a valuable resources for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

109

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461408660

ISBN 13

9781461408666

Family Firms in Transition

Case Studies on Succession, Inheritance, and Governance

By: Alan L. Carsrud,Malin Brännback

Write a review Read reviews Take a Quiz Solve Book Puzzle

Family Firms in Transition

Case Studies on Succession, Inheritance, and Governance

By: Alan L. Carsrud,Malin Brännback

Many of the challenges faced by family-owned businesses develop after the firm has reached a stage of maturity, when the first generation is faced with issues concerning the role of their children in the business and the long-term future of the enterprise. This collection of case studies from around the world demonstrates how governance of both the business and the family (or lack thereof) impacts succession of leadership in the firm and the inheritance of ownership and wealth. It is the role of governance and how it impacts both family and firm that link these family business cases together with succession and inheritance. These topics have been clustered together because the social systems of the family and the management system of the firm have significant impacts on the success, or failure, of succession plans. All the planning in the world for succession and inheritance will not succeed if the firm does not have a well established and functional governance system. Likewise, if the family does not understand its role in the governance of the firm and the mechanisms for making sound decisions, succession choices may not be accepted by family members. Most family firms fail because of succession issues, not economic ones. This volume features nine in-depth cases of family-owned business from a variety of industries to illuminate the dynamics of governance, succession, and inheritance. Each case illustrates the complexity of issues and, through interactive exercises and questions, offers readers approaches to solutions, which may include less-than-optimal compromises or even selling the business as the only viable option. The examples and insights will prove valuable for students and members of entrepreneurial and family-owned firms, as well as consultants, investors, and other professional advisors.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

128

Publisher

Springer Science & Business Media

Published Date

ISBN 10

1461412013

ISBN 13

9781461412014

Fundamentals for Becoming a Successful Entrepreneur

From Business Idea to Launch and Management

By: Malin Brannback,Alan Carsrud

Write a review Read reviews Take a Quiz Solve Book Puzzle

Fundamentals for Becoming a Successful Entrepreneur

From Business Idea to Launch and Management

By: Malin Brannback,Alan Carsrud

This is the complete, up-to-date guide to creating a successful new venture. Using real-life examples, it helps you assemble every piece of the puzzle: you, your team, your opportunity, your business concept and revenue model, your resources, and your successful launch, execution, and growth. The authors illuminate entrepreneurial mindsets, motivation, attitudes, and leadership, and cover the entire process of starting a company, from idea through your first four years of operations. You’ll learn how to recognize, define, test, and exploit opportunities; transform ideas into revenue models that earn sustainable value; demonstrate viability to funders; establish a strong ethical and legal foundation for your concept; and build a thriving team to execute on it.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

411

Publisher

FT Press

Published Date

ISBN 10

0133966941

ISBN 13

9780133966947

Book's by Alan L. Carsrud

Understanding the Myth of High Growth Firms

Understanding the Myth of High Growth Firms

Entrepreneurship

Entrepreneurship

Understanding Family Firms

Understanding Family Firms

Family Firms in Transition

Family Firms in Transition

Fundamentals for Becoming a Successful Entrepreneur

Fundamentals for Becoming a Successful Entrepreneur

Username

Password

Username

Password

Password again

Birthday

Email