Archive for the ‘Book Reviews’ Category.

Reviewing Government’s Role in Kick-Starting Entrepreneurship

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Posted by: Robert W. Price

The U.S. government has spent billions of dollars bailing out troubled companies. Is it time for Uncle Sam to invest in new entrepreneurial firms as well? Harvard Business School Professor Josh Lerner makes the case for limited government involvement in his book Boulevard of Broken Dreams: Why Public Efforts to Boost Entrepreneurship and Venture Capital Have Failed—and What to Do about It.
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In the News: Peter Bernstein Remembered Here

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Peter L. Bernstein, the author of Against the Gods: The Remarkable Story of Risk and other books, died on June 5th at the age of 90.
>>Discussion About Managing Entrepreneurial Risks 
>>Buy His Book At Amazon.com 

In this McKinsey Quarterly video, the well-known author discusses the meaning of risk and explains why sophisticated mathematical models to control it sometimes go awry.
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Book Review: First Professional Venture Capitalist In America

In the wake of World War II, Georges Doriot helped found the world’s first public venture capital firm, American Research and Development. Doriot (1899–1987) was also a professor at Harvard Business School for 40 years. This article is an excerpt from Creative Capital: Georges Doriot and the Birth of Venture Capital (HBS Press) describes how ARD first came to “marry” investors and innovators.

>>Read Article At Harvard Business School 
>>Learn More: Evolution about risk capital industry in the United States 
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Book Review: Entrepreneurship Barriers & Innovation

Entrepreneurship in Emerging Domestic Markets Barriers & Innovation
Yago, Glenn; Barth, James R.; Zeidman, Betsy (Eds.)
2008, XVIII, 156 p., Hardcover
ISBN: 978-0-387-72856-8

As one examines worldwide economic growth over the past decade, it is clear that the U.S. economy has surpassed most of the industrialized world, both in its rate of growth and its ability to create wealth. Entrepreneurship is critical to this growth—entrepreneurs recognize the potential of new ideas, design applications, develop new products, and successfully bring products to market. They build companies and create jobs, generating new opportunities for wealth creation.

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Book Review: Lessons of Business History

The Lessons of Business History: A Handbook

Compiling a handbook on the current thinking in any area of study seems daunting enough, but the just-published Oxford Handbook of Business History carries an even larger mission: bring the lessons of business history to current research in other disciplines and to the practice of business management itself. A Q&A with coeditor Geoffrey Jones from Harvard Business School
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Book Review: Entrepreneurship

Entrepreneurship
by Robert Hisrich, Michael Peters and Dean Shepherd

This is one of the best textbooks available today. This book has been designed to clearly instruct students on the process of formulating, planning, and implementing a new venture. Students are exposed to detailed descriptions of ‘how to’ embark on a new venture in a logical manner. Comprehensive cases at the end of the text have been hand-picked by the authors to go hand-in-hand with chapter concepts.

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Book Review: Keys to Succession Planning

The CEO Within: Why Insider Outsiders Are the Key to Succession Planning
by Joseph Bower

With rising CEO turnover, companies are increasingly looking outside for qualified candidates. Sure, externally recruited CEOs bring fresh perspectives and connections. But they lack the in-depth knowledge of the company’s culture and history that they need to succeed. Result? Many deliver disappointing performances. Companies can avoid this scenario, contends Joseph Bower in “The CEO Within.” Continue reading ‘Book Review: Keys to Succession Planning’ »

Book Review: India Arriving in the Business World

India Arriving: How This Economic Powerhouse Is Redefining Global Business
by Rafiq Dossani

This former British colony has blossomed into the fastest-growing democracy in the world—and is well on its way to becoming the next economic force to be reckoned with. India has 600 million people under the age of 25 and a thriving middle class. Cities like Mumbai, Bangalore, and Delhi are now becoming the world’s newest centers of cultural and economic growth. Continue reading ‘Book Review: India Arriving in the Business World’ »

Book Review: F.A. Hayek’s Road to Serfdom

F.A. Hayek’s Road to Serfdom

Nobel Prize-winning economist Milton Friedman, an outspoken advocate of free markets and free choice, adviser to presidents and best-selling author, died November 16, 2006. He was 94. Often described as one of the most influential economists of the last century, Friedman died of heart failure in San Francisco. Friedman led the Chicago School of monetary economics, which stresses the importance of the money supply in determining inflation and business cycles. Continue reading ‘Book Review: F.A. Hayek’s Road to Serfdom’ »