Föhrenbergkreis Finanzwirtschaft

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Posts Tagged ‘entrepreneurship’

40 Prozent der Wiener Unternehmer haben Migrationshintergrund

Posted by hkarner - 14. Oktober 2018

Regina Bruckner, 13. Oktober 2018, 12:00 derstandard.at

Die Zahl der ausländischen Entrepreneure in Österreich steigt. Nicht alle nehmen freiwillig diesen Weg

„Als Friseur musst du ein bisschen verrückt sein. Ich will wie Zohan sein.“ Noch ist Hasan Ali Duran nicht so weit, dass die Damenwelt vor dem eigenen Salon Schlange steht wie bei Zohan – seinem boratähnlichen Vorbild aus dem aberwitzigen Klamaukfilm Leg dich nicht mit Zohan an. Noch hat er Lehrjahre vor sich – bei Joel’s Dreamhair im fünften Wiener Gemeindebezirk. Bis er, wie sein vom US-Blödler Adam Sandler verkörpertes Vorbild, Frauen mit seinem „silky smooth“-Stil glücklich macht, wird der 19-Jährige wohl noch viele Haare vom Boden aufkehren. Schicke schwarze Maojacke, aschblondes, akkurat geschnittenes Haar, fein säuberlich gestutzter Schnurrbart, seine Profession trägt der junge Mann schon jetzt mit Stolz und Lausbubenhaftigkeit vor sich her. Kunden hält er mit überschwänglicher Geste und angedeuteter Eleganz die Tür zur Gasse auf – Zohan lässt grüßen.

Sein eigener Herr

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Why a positive relation between entrepreneurship and conflict may not be good news

Posted by hkarner - 28. Oktober 2015

Tommaso Ciarli, Chiara Kofol, Carlo Menon 27 October 2015, voxeu

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What exactly is an entrepreneur?

Posted by hkarner - 18. Februar 2014

Date: 17-02-2014
Source: The Economist
Subject: Our Schumpeter columnist: What exactly is an entrepreneur?

Entrepreneurs are everybody’s favourite heroes. Politicians want to clone them. Popular television programmes such as “The Apprentice” and “Dragons’ Den” lionise them. School textbooks praise them. When the author of this blog was at Oxford “entrepreneur” was a dirty word. Today the Entrepreneur’s Society is one of the university’s most popular social clubs.

But what exactly is an entrepreneur? Here the warm glow of enthusiasm dissolves into intellectual confusion. There are two distinctive views. The first is the popular view: that entrepreneurs are people who run their own companies, the self-employed or small-business people. The second is Joseph Schumpeter’s view that entrepreneurs are innovators: people who come up with ideas and embody those ideas in high-growth companies.

Schumpeterians distinguish between “replicative” entrepreneurs (who set up small businesses much like other small businesses) and “innovative” entrepreneurs (who upset and disorganise the existing way of doing things). They also distinguish between “small businesses” and “high-growth businesses” (most small businesses stay small). Both sorts have an important role in a successful economy. But they are nevertheless very different sorts of organisations.

Most people who try to measure how entrepreneurial a society is try to measure the first type of entrepreneurship. They measure the number of small businesses or the number of people who are self-employed or the number of startups. But this produces perverse results. Egypt regularly comes out as more “entrepreneurial” than the United States. It also produces a highly distorted picture of entrepreneurial activity within advanced economies. Den Rest des Beitrags lesen »

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Entrepreneurship differs wildly among countries

Posted by hkarner - 5. Oktober 2013

Date: 04-10-2013
Source: The Economist
Subject: Just do it

AMERICA is an engine of innovation, as attested by the upcoming public listing of Twitter, which aims to fetch a cool $1 billion. How do other countries rank in terms of entrepreneurship? Sadly, not so well. Around one in 13 people in America are entrepreneurs. That is three times more than in Germany, which is vying to become a startup haven, as we explain this week. To fund those innovators, when the level of New entrepreneursventure capital as a share of the overall economy is considered, the differences are even starker. Sweden and France have the same share of entrepreneurs but Sweden’s cash spigot is more open. And even though the Netherlands has twice as many entrepreneurs as a share of its population, as either of those countries, its venture capital is as paltry as France’s. As for Germany, it may face difficulties in fostering a startup culture: its venture capital investment is around ten times less than in America.

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The Need for a New Economics

Posted by hkarner - 18. September 2013

John Mauldin

September 17, 2013

In today’s Outside the Box, my good friend George Gilder, the well-known techno-utopian, attempts with some success to turn economics on its ear. „The economy is not chiefly an incentive system,“ he asserts, „it is an information system.“ And information, truly understood, is about the introduction of novelty, or „surprise,“ into a system. In the case of the economy, it’s about invention and entrepreneurship. The new information that is injected gets converted into knowledge; and thus, says George, it is accumulated knowledge, rather than money or material, that constitutes true wealth.

And thus the economy is driven not so much by powerful people and institutions wielding the levers of the economic machine as it is by the ever-increasing power of information and knowledge. Economists and the governments they work for often appear to prefer a deterministic, no-surprises (and too-big-to-fail) economy, but that way lies economic stagnation. If determinism worked, socialism would have thrived. Den Rest des Beitrags lesen »

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Where Are the European Entrepreneurs?

Posted by hkarner - 18. September 2013

Author: Simon Johnson (MIT, Peterson Institute) · September 13th, 2013 · RGE EconoMonitor
This post is based on class #2 in my MIT Sloan course, Entrepreneurship Without Borders. An edited version appeared this morning on the NYT.com’s Economix blog.Europe today is relatively rich on average, and there is undeniable potential for further convergence towards Northern levels in use of technology, organization of firms, and productivity levels. We witnessed some impressive economic improvements over the past 20 years as Eastern Europe left behind its communist system – in part due to the creation of dynamic new firms (e.g., in Poland) and in part as a result of investments by foreign companies (e.g., in Hungary). But the extent of North-South productivity convergence within Europe has proved disappointing since the formation of the euro area in the late 1990s.Southern peripheral Europe is now in the midst of a serious economic crisis – precipitated by the realization that sovereign debt may actually be quite risky. The immediate financial market pressure receded last year when the European Central Bank indicated that it will intervene to keep yields (i.e., interest rates on government debt) at manageable levels, but there is still the critical question of when growth will turn – and what rate of growth is sustainable in the medium term.

Does economic crisis of this type lead to more entrepreneurship – in a form that will put these economies onto a stronger growth path? Or does the contraction of credit and pressure on consumers and firms mean that it is much harder for a new business to get started? Den Rest des Beitrags lesen »

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Entrepreneurship in China. Let a million flowers bloom

Posted by hkarner - 18. März 2011

China is often held up as an object lesson in state-directed capitalism. Yet its economic dynamism owes much to those outside the government’s embrace

Mar 10th 2011 | ZHEJIANG PROVINCE | from the print edition The Economist

IT IS Sunday January 2nd, a national holiday, in a medium-sized Chinese city, just north of the Taiwan Strait. The temperature is well below freezing. There is no heating in the factory, which makes components for electrical tools. This probably reflects frugality rather than a ban, imposed by Mao Zedong, covering every building south of the Yangzi river. A thin haze of winter light comes through the windows. The only other sources of illumination are flickering cathode-ray computer terminals, which make silhouettes of the heavily clad workers sitting at them. Den Rest des Beitrags lesen »

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