Multipreneurship

Diversification in Times of Crisis

Business & Finance, Management & Leadership, Planning & Forecasting, Career Planning & Job Hunting, Entrepreneurship, Entrepreneurship & Small Business
Cover of the book Multipreneurship by Nicholas Harkiolakis, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nicholas Harkiolakis ISBN: 9781317093213
Publisher: Taylor and Francis Publication: April 15, 2016
Imprint: Routledge Language: English
Author: Nicholas Harkiolakis
ISBN: 9781317093213
Publisher: Taylor and Francis
Publication: April 15, 2016
Imprint: Routledge
Language: English

In Multipreneurship: Diversification in Times of Crisis, Nick Harkiolakis argues against the more commonly held view that diversification at the level of the individual entrepreneur, rather than that of the established corporation, is the wrong business strategy to pursue in times of economic crisis. He contends that entrepreneurship always proves, in almost every circumstance and every part of the world, to be a way out of economic straits and it is widely accepted as the primary force that helps produce self-sufficiency, social inclusion, job creation, capital formation, and skills acquisition. Threats to job stability in today’s economic climate are expected to trigger latent entrepreneurship that could lead to re-investment of social capital to generate financial capital. Cash nowadays might not be the main value-added commodity. In an information society some of the basic ingredients of successful entrepreneurship, such as confidence and social capital might be equally important. Contrary to received wisdom in relation to SME diversification, the ability to run a group of businesses as a profit ecosystem rather than business units might prove to be beneficial in volatile economic times. If conditions improve one can always focus on growth of the most profitable and promising units. Yet in unstable economic times, resorting to back-up alternatives away from the mainstream business of organizations might be a solution to sustainable development.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In Multipreneurship: Diversification in Times of Crisis, Nick Harkiolakis argues against the more commonly held view that diversification at the level of the individual entrepreneur, rather than that of the established corporation, is the wrong business strategy to pursue in times of economic crisis. He contends that entrepreneurship always proves, in almost every circumstance and every part of the world, to be a way out of economic straits and it is widely accepted as the primary force that helps produce self-sufficiency, social inclusion, job creation, capital formation, and skills acquisition. Threats to job stability in today’s economic climate are expected to trigger latent entrepreneurship that could lead to re-investment of social capital to generate financial capital. Cash nowadays might not be the main value-added commodity. In an information society some of the basic ingredients of successful entrepreneurship, such as confidence and social capital might be equally important. Contrary to received wisdom in relation to SME diversification, the ability to run a group of businesses as a profit ecosystem rather than business units might prove to be beneficial in volatile economic times. If conditions improve one can always focus on growth of the most profitable and promising units. Yet in unstable economic times, resorting to back-up alternatives away from the mainstream business of organizations might be a solution to sustainable development.

More books from Taylor and Francis

Cover of the book Marine Insurance by Nicholas Harkiolakis
Cover of the book Political Participation and Ethnic Minorities by Nicholas Harkiolakis
Cover of the book Fitzroy Dearborn Chronology of Ideas by Nicholas Harkiolakis
Cover of the book Mathematical Psychology and Psychophysiology by Nicholas Harkiolakis
Cover of the book Semiperipheral Development and Foreign Policy by Nicholas Harkiolakis
Cover of the book A King Translated by Nicholas Harkiolakis
Cover of the book Parametric Building Design Using Autodesk Maya by Nicholas Harkiolakis
Cover of the book The Routledge Research Companion to Border Studies by Nicholas Harkiolakis
Cover of the book Preventing Mental Illness in Practice by Nicholas Harkiolakis
Cover of the book Routledge Handbook of Ecological Economics by Nicholas Harkiolakis
Cover of the book Leibniz and the Environment by Nicholas Harkiolakis
Cover of the book Russia and the West by Nicholas Harkiolakis
Cover of the book Theories of Art by Nicholas Harkiolakis
Cover of the book Motivation, Ability and Confidence Building in People by Nicholas Harkiolakis
Cover of the book Gender, Agency and Change by Nicholas Harkiolakis
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy