New Frontiers in Entrepreneurship Recognizing, Seizing, and Executin
The volume presents and discusses a variety of recent developments and achievements in research on entrepreneurship. It aims at taking a systematic analysis of the theory and practice of entrepreneurship, especially in regard to nurturing strategic system
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International Studies In Entrepreneurship Series Editors: Zoltan J. Acs Geroge Manson University Fairfox, VA, USA David B. Audretsch Indiana University Bloomington, IN, USA
For other titles published in this series, go to www.springer.com/series/6149
David B. Audretsch Giovanni Battista Dagnino Rosario Faraci Robert E. Hoskisson ●
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Editors
New Frontiers in Entrepreneurship Recognizing, Seizing, and Executing Opportunities
Editors David B. Audretsch Max Planck Institute of Economics Jena, Thuringia Germany and Indiana University Bloomington, IN USA Rosario Faraci University of Catania Catania Italy [email protected]
Giovanni Battista Dagnino University of Catania Catania Italy [email protected] Robert E. Hoskisson Rice University Houston, TX USA [email protected]
ISBN 978-1-4419-0057-9 e-ISBN 978-1-4419-0058-6 DOI 10.1007/978-1-4419-0058-6 Springer New York Dordrecht Heidelberg London Library of Congress Control Number: 2009933114 © Springer Science+Business Media, LLC 2010 All rights reserved. This work may not be translated or copied in whole or in part without the written permission of the publisher (Springer Science+Business Media, LLC, 233 Spring Street, New York, NY 10013, USA), except for brief excerpts in connection with reviews or scholarly analysis. Use in connection with any form of information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed is forbidden. The use in this publication of trade names, trademarks, service marks, and similar terms, even if they are not identified as such, is not to be taken as an expression of opinion as to whether or not they are subject to proprietary rights. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
Contents
1 Introduction................................................................................................ David B. Audrestch, Giovanni Battista Dagnino, Rosario Faraci, and Robert E. Hoskisson
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Part I Corporate Governance and Entrepreneurship 2 Initially Distracted: The Influence of Boards on Agency Costs in Initial Public Offering (IPO) Firms........................................... Thomas Dalziel, Robert E. White, Jonathan D. Arthurs, and Robert E. Hoskisson 3 Horizontal and Vertical Relationships in Developing Economies: Implications for SMEs’ Access to Global Markets................................. Luiz F. Mesquita and Sergio G. Lazzarini 4 Corporate Governance Systems: Effects of Capital and Labor Market Congruency on Corporate Innovation and Global Competitiveness.................................................. Robert E. Hoskisson, Daphne Yiu, and Hicheon Kim 5 The Entrepreneurial Society..................................................................... David B. Audretsch
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Part II Mobilizing Capital for Fostering Entrepreneurship 6 Mobilizing Capital for Fostering the Early Growth of Firms: The Role of Business Angels in Nascent European Entrepreneurship........
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