This paper explores a phenomenon known as entrapment. Entrapment refers to situations where people become “locked into” decisions through the passage of time as distinct from actively re‐investing in failing projects. The present study examines Becker’s so called “side bets” theory...

There are three main themes which run through this article. They are: (1) To examine the role which personnel management may play in a redundancy situation; (2) To ask if redundancy as a process can be justifiably conceived in psychological terms and investigated as such, and (3) To consider how...

TQM creates a dilemma for organizations. The dilemma is that TQM implies increased employee responsibility at shopfloor level. Increased responsibility traditionally equates with increased pay. The TQM gurus however advise that monetary rewards are likely to prove counterproductive. Analyses the...

Explains why, of all organizations at risk in the current economic recession, small businesses are the most vulnerable. Confirms that downturns are typically rapid and the prognosis poor, and that the emotional and financial hardships of personal bankruptcy are often severe. Challenges the...

This insightful Handbook focuses on behaviour, performance and relationships in small and entrepreneurial firms. It introduces a variety of contemporary topics, research methods and theoretical frameworks that will provide cutting edge analysis, stimulate thought, raise further questions and...

chapter 1 Who is an entrepreneur? -- chapter 2 The economists view of the entrepreneur -- chapter 3 The socio-economic environment -- chapter 4 The search for entrepreneurial traits: The Big Three -- chapter 5 New entrepreneurial traits -- chapter 6 Interactionism and cognitive approaches to...