| Author | Nicolai J Foss and Peter G Klein |
| Publisher | Cambridge University Press |
| Year | 2012 |
| Language | English |
| Pages | 299 |
| Size | 2.90 MB |
| Extension |
Summary
Organizing Entrepreneurial Judgment: A New Approach to the Firm by Nicolai J Foss and Peter G Klein presents a revolutionary framework for understanding the role of entrepreneurial judgment in the organization and management of firms. The authors argue that entrepreneurial judgment—defined as the ability to make decisions under uncertainty and allocate resources effectively—is the cornerstone of firm success. Drawing on theories from economics, management, and entrepreneurship, the book challenges traditional views of the firm and offers a fresh perspective on how businesses operate in dynamic and uncertain environments. Foss and Klein emphasize the importance of decentralized decision-making, the role of ownership, and the interplay between entrepreneurship and organizational design. This book is a must-read for scholars, practitioners, and anyone interested in the intersection of entrepreneurship and firm theory.
Key Features
- Introduces a new framework for understanding entrepreneurial judgment and its role in firm organization.
- Integrates insights from economics, management, and entrepreneurship.
- Challenges traditional views of the firm and offers innovative perspectives.
- Explores the importance of decentralized decision-making and resource allocation.
- Provides practical implications for entrepreneurs, managers, and policymakers.
About Authors
Nicolai J Foss is a prominent scholar in the fields of strategic management, organizational economics, and entrepreneurship. He is a professor at the Copenhagen Business School and has published extensively on topics related to firm organization, innovation, and entrepreneurship. Foss is known for his interdisciplinary approach and his ability to bridge theory and practice.
Peter G Klein is a leading expert in entrepreneurship, organizational economics, and strategic management. He is a professor at the Baylor University Hankamer School of Business and has authored numerous influential works on entrepreneurship and firm theory. Klein is also a senior research fellow at the Baugh Center for Entrepreneurship and Free Enterprise. Together, Foss and Klein bring a wealth of knowledge and expertise to this groundbreaking book.
Ads
Frequently Asked Questions
Q: What can I learn by reading this book?
A: This book provides a deep understanding of how entrepreneurial judgment shapes firm organization and decision-making. It offers insights into resource allocation, decentralized decision-making, and the role of ownership in businesses.
Q: Is this book suitable for beginners?
A: While the book is academically rigorous, it is written in an accessible style that makes it suitable for readers with an interest in entrepreneurship, management, or economics, even if they are new to the subject.
Q: Is this book recommended for professionals?
A: Yes, this book is highly recommended for professionals in entrepreneurship, management, and economics, as it provides critical insights into firm organization and decision-making processes.
Enregistrer un commentaire
Thanks for comment