Disseminates research on innovation, entrepreneurship and small business.

Disseminating research on innovation, entrepreneurship and small businesses

Entrepreneurs challenge those in power—until they themselves become powerful

The contrasts between Apple and a small business.

Entrepreneurship can spread economic power and give more people the opportunity to influence decision-making, thereby strengthening democracy. But over time, successful challengers may themselves begin to protect their power. Entrepreneurship policy needs to take this paradox more seriously, according to Professor David Audretsch.

The entrepreneur who gave Scotland’s space industry a boost

Satellite above Earth.

When Craig Clark founded Clyde Space in Glasgow in 2005, he saw a business opportunity in small satellites. A new study shows how his initiative also helped bring together companies, universities, and public sector organizations to develop a burgeoning Scottish space industry.

BOOK TIP | How does an entrepreneur navigate uncertainty?

Seeing an opportunity is not the same as knowing whether it’s worth pursuing. An entrepreneur must also determine when it’s time to enter the market, change course, grow, or shut down. Such decisions are often made with incomplete information. These are the types of decisions at the heart of the book The Entrepreneurial Compass by Dean A. Shepherd and Holger Patzelt.

Critical organizations can lend greater credibility to innovations

Granskar dokument och två personer i diskussion.

Organizations that scrutinize and criticize companies can also become valuable partners when bringing new products and services to market. A study of German companies shows that such partnerships are associated with higher sales for companies that have previously faced media criticism and in industries where levels of corporate responsibility vary widely. However, the researchers did not find any general sales advantage.

The legacy of the Gold Rush is still evident in entrepreneurship today

The Gold Rush in 19th-century America drew hundreds of thousands of people westward in hopes of finding gold. But it may also have left a much more lasting impact. A new study shows that areas shaped by the Gold Rush have generally had higher levels of entrepreneurship than comparable areas for more than a century.

Hello there, David Audretsch—what does entrepreneurship have to do with democracy?

What role can entrepreneurship play for democracy? That question has become increasingly important to Professor David Audretsch at Indiana University. Ahead of Esbris’ webinar , Entrepreneurship Beyond Technology: Power, Institutions, and Democracy, we asked him why power, institutions, and democracy have become increasingly important in his research.

BOOK TIPS | When the same innovation doesn’t work everywhere

When Gillette wanted to reach the Indian mass market, the company took an existing two-blade razor, adapted it, and tested the product on Indian students at MIT in the U.S. The tests looked promising. But once in India, the razor didn’t sell well.

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