What I want to do here is first explain my fears and then explore the Enron story from the standpoint of both social psychology and organizational behavior. My sense going in, at least, is that the social forces and selfish norms that emerge fairly naturally in highly competitive settings such...

This Article takes the occasion of the simultaneous collapse of the high technology stock market and the failure of the dot-coin startups, along with the subsequent retrenchment of the venture capital business, to examine the law and economics of downside arrangements in venture capital...

В статье рассматриваются механизмы обеспечения устойчивости предпринимательской структуры под воздействием неблагоприятных факторов внешней среды. Особое...

Adam Smith justified the contemporary usury laws and was severely criticised by Bentham and most modern writers with the important exception of J.M. Keynes. We argue that pace Bentham, Smith did not intend to preclude loan financing of all 'risky' ventures and give a 'monopoly' to safe...

Current UK policy on the knowledge-driven economy places a heavy weight of expectation on the fostering of entrepreneurial attitudes amongst university scientists. Interviews with the owner-managers of innovative companies in liquid crystal technology suggest that scientist-entrepreneurs are not...