Many proponents of action research for democracy seem to presuppose that to anchor action research in democratic ideals is a sufficient base for action researchers to legitimate their democratic purposes and intentions. This article starts out from the presupposition that anchoring action...

Decision making under uncertainty would seem most fitting for Innovation. Often the uncertainty inherent in innovation is the major hurdle business units and innovators have to manage to cross in order to innovate. The paper will refer to some aspects of decision making relevant to Innovation...

In the presence of asymmetric information, economic agents need to communicate their quality to investors and other parties. This paper investigates how information generated during the patenting process affects the ability of new ventures to attract VC financing. While much of the literature on...

Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various "liabilities" of establishment survival identified in the literature, we analyze...

Distributed Ledger Technologies (DLT) and their most prominent version, the blockchain, enable a new type of organization: Decentralized Autonomous Organizations (DAOs). DAOs consist of software code, mainly smart contracts, and the DAO members. Members keep governance tokens that grant property...

In this essay, the author describes some of the trends regarding the family that he has witnessed over his lifetime as well as raise some questions concerning family formation, structure, and size that may influence the creation and sustainability of family businesses. Moreover, he makes some...

Cohabiting couples are a rapidly growing family form in the world today. However, this family form has not been accounted for in family business research. In this article, we examine the differences between cohabiting couples and married couples in terms of human capital, social capital, and...

Having already fixed the arguments about French entrepreneurship in a previous on a long term scope, we focus our paper on the French syndrome about low entrepreneurship throughout the challenges of the rebuilding of economic power and growth after WWII within the framework of planification, at...

Small-scale business co-operation across borders is considered as major driving force of economic integration between Western and Central Eastern Europe. In this context, it is argued that business co-operation and networks support the creation of competitive advantage. This paper sheds new...

In the globalized economy multinational firms have given rise to local firms able to produce at a low cost and at acceptable quality levels. A growing number of firms have outsourced production and manufacturing activities of all types to these firms, not only to reduce production costs but also...