Theory and Philosophy Business Resource Materials
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Entrepreneurship Law Editorial Team
Books
Zoltan J. Acs & Catherine Armington, Entrepreneurship, Geography, and American Economic Growth (2006).
Abstract (from Amazon Product Description):
The spillovers in knowledge among largely college-educated workers were among the key reasons for the impressive degree of economic growth and spread of entrepreneurship in the United States during the 1990s. Prior 'industrial policies' in the 1970s and 1980s did not advance growth because these were based on outmoded large manufacturing models. Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates in regional economies during the 1990s period and beyond. The fastest growing regions are those that have the highest rates of new firm formation, and which are not dominated by large businesses. The authors also find support for the thesis that knowledge spillovers move across industries and are not confined within a single industry. As a result, they suggest, regional policies to encourage and sustain growth should focus on entrepreneurship among other factors.
William J. Baumol, THE MICROTHEORY OF INNOVATIVE ENTREPRENEURSHIP (2010).
Product Description (from Amazon): Entrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for introducing entrepreneurship into mainstream microtheory and incorporating the activities of entrepreneurs, inventors, and managers into standard models of the firm. William Baumol distinguishes between the innovative entrepreneur, who comes up with new ideas and puts them into practice, and the replicative entrepreneur, which can be anyone who launches a new business venture, regardless of whether similar ventures already exist. Baumol puts forward a quasi-formal theoretical analysis of the innovative entrepreneur's influential role in economic life. In doing so, he opens the way to bringing innovative entrepreneurship into the accepted body of mainstream microeconomics, and offers valuable insights that can be used to design more effective policies. The Microtheory of Innovative Entrepreneurship lays the foundation for a new kind of microtheory that reflects the innovative entrepreneur's importance to economic growth and prosperity.
Articles
Sandra Malach, Peter Robinson & Tannis Radcliffe, Differentiating Legal Issues By Business Type, 44 J. Small Bus. Mgmt. (2006).
www.allbusiness.com/management-companies-enterprises/3896438-1.html
Abstract (from authors): Developing legal strategies is a fundamental part of business formation and strategic operation. The ability to incorporate legal planning into the business planning process allows entrepreneurs to strategically plan their operations to minimize risks arising from legal and regulatory regimes and better protect the assets of the business and entrepreneur. Research regarding the legal issues encountered in nascent business ventures is just beginning. Conducting a content analysis of 292 legal information letters, prepared in a university-based legal clinic for new ventures, legal issues and business type were identified. An analysis of the data indicated that: (1) certain legal issues are relevant to all new ventures, (2) certain legal issues are relevant to specific types of new ventures, and (3) the relevancy of individual legal issues will vary depending on the category of business.
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Robert A. Prentice, The Case for Educating Legally-Aware Accountants, 38 Am. Bus. L.J. 597 (2001).
Abstract (from author): In this paper I discuss the importance of including basic legal education in a broad accounting curriculum and of including the subjects taught in the curriculum on the American Institute of Certified Public Accountant's (AICPA's) professional certification examination. I am prompted in part by the AICPA's current reexamination of the content of its Uniform Certified Public Accountant (CPA) exam. In 1993, the AICPA's Content Validity Task Force recommended a reevaluation of the examination and the Board of Examiners appointed a new task force, the Content Oversight Task Force. The Task Force is apparently considering reducing or eliminating the business law portion of the CPA exam. The impetus for this proposal apparently stems from the responses to a small and decidedly unscientific survey that produced very mixed results.
Daphyne Saunders Thomas & Mark L. Usry, Entrepreneurship Classes Must Include More Legal Topics, 16 Bus. F. 10-11 (1991).
Abstract: Focuses on the need for entrepreneurship classes to include more legal topics. Classroom data; Business survey; Subjects covered in entrepreneurship classes; Questions concerning topics covered.
George J. Siedel, Six Forces and the Legal Environment of Business: The Relative Value of Business Law Among Business School Core Courses, 37 Am. Bus. L.J. 717 (2000).
Abstract:
Sessions on the legal environment in The Executive Program are designed to provide participants with an overview of substantive law (both public and private) and procedural law. Specific topics include: law and ethics, contracts, torts, product liability, securities regulation (emphasizing the impact on decision-making and corporate communications), employee rights (including wrongful discharge, sexual harassment, and workers' compensation), and dispute prevention, management, and resolution (including the use of decision tree analysis to make legal decisions).
George T. Solomon, Susan Duffy & Ayman Tarabishy, The State of Entrepreneurship Education in the United States: A Nationwide Survey and Analysis, Int’l J. Entrepreneurship Educ. 1:1 , 65-86 (2002).
Abstract:
This paper presents the current state of entrepreneurship education in the United States and Internationally as reported by participants in the 1999-2000 National Survey of Entrepreneurship Education. Survey results indicate a small but growing trend in the number of courses, concentrations and degrees in the academic fields of small business management and entrepreneurship. There is also evidence that institutions are receiving major endowments for entrepreneurship education in the form of chairs, professorships and centers. A surprising trend emerged from the data regarding entrepreneurship education and the use of technology. Of those that responded to the survey 49 percent indicated that they offer information on the web regarding entrepreneurship and new venture creation to students and entrepreneurs. Also, 30 percent of those who responded indicated that they offer on-line management and technical assistance for students and entrepreneurs. Finally, 21 percent of the respondents indicated they use distance-learning technologies in their entrepreneurship education courses or concentrations. Growth in Entrepreneurship Education has accelerated over the last two decades. The dilemma is for the field to stay on the "cutting edge." To continue to be a vibrant member of the academic community, pedagogies must reflect the changing times.
Online Resources
Public Counsel, Resources, Publications
http://www.publiccounsel.org/publications
Other Materials
Linda F. Edelman, Tatiana S. Manolova & Candida G. Brush, Entrepreneurial Education: Correspondence between Practices of Nascent Entrepreneurs and Textbook Prescriptions for Success, accepted and forthcoming at Academy of Management Learning and Education.
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