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Article
Publication date: 4 December 2018

Visions of entrepreneurship policy

David S. Lucas, Caleb S. Fuller, Ennio E. Piano and Christopher J. Coyne

The purpose of this paper is to present and compare alternative theoretical frameworks for understanding entrepreneurship policy: targeted interventions to increase…

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Abstract

Purpose

The purpose of this paper is to present and compare alternative theoretical frameworks for understanding entrepreneurship policy: targeted interventions to increase venture creation and/or performance. The authors contrast the Standard view of the state as a coherent entity willing and able to rectify market failures with an Individualistic view that treats policymakers as self-interested individuals with limited knowledge.

Design/methodology/approach

The authors draw on the perspective of “politics as exchange” to provide a taxonomy of assumptions about knowledge and incentives of both entrepreneurship policymakers and market participants. The authors position extant literature in relation to this taxonomy, and assess the implications of alternative assumptions.

Findings

The rationale for entrepreneurship policy intervention is strong under the Standard view but becomes considerably more tenuous in the Individualistic view. The authors raise several conceptual challenges to the Standard view, highlighting inconsistencies between this view and the fundamental elements of the entrepreneurial market process such as uncertainty, dispersed knowledge and self-interest.

Research limitations/implications

Entrepreneurship policy research is often applied; hence, the theoretical rationale for intervention can be overlooked. The authors make the implicit assumptions of these rationales explicit, showing how the adoption of “realistic” assumptions offers a robust toolkit to evaluate entrepreneurship policy.

Practical implications

While the authors agree with entrepreneurship policy interventionists that an “entrepreneurial society” is conducive to economic development, this framework suggests that targeted efforts to promote entrepreneurship may be inconsistent with that goal.

Originality/value

The Individualistic view draws on the rich traditions of public choice and the entrepreneurial market process to highlight the intended and unintended consequences of entrepreneurship policy.

Details

Journal of Entrepreneurship and Public Policy, vol. 7 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/JEPP-D-18-00034
ISSN: 2045-2101

Keywords

  • Entrepreneurship
  • Public policy
  • Market failure
  • Market process
  • Public choice
  • Robust political economy
  • L26
  • O38
  • B53

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Article
Publication date: 1 August 1997

Modern macroeconomics and its evolution from a monetarist perspective: An interview with Professor Milton Friedman

Brian Snowdon and Howard R. Vane

An interview with Milton Friedman in 1996 ‐ presents his reflections on some of the important issues surrounding the evolution of, and currrent debates within, modern…

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An interview with Milton Friedman in 1996 ‐ presents his reflections on some of the important issues surrounding the evolution of, and currrent debates within, modern macroeconomics. A world‐renowned economist and prolific author since the 1930s, Milton Friedman has had a considerable impact on macroeconomic theory and policy making. Associated mostly with monetarism and the efficacy of free markets, his work has ranged over a broader area ‐ microeconomics, methodology, consumption function, applied statistics, international economics, monetary theory, history and policy, business cycles and inflation. In the interview discusses Keynes’s General Theory, monetarism, new classical macroeconomics, methodology, economic policy, European union and the monetarist counter‐revolution.

Details

Journal of Economic Studies, vol. 24 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/01443589710188957
ISSN: 0144-3585

Keywords

  • Economic theory
  • Economists
  • Economy
  • Keynesian school
  • Milton Friedman
  • Monetarism

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Article
Publication date: 1 May 1983

Management: A Selected Annotated Bibliography, Volume II

In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This…

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In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.

Details

Management Decision, vol. 21 no. 5
Type: Research Article
DOI: https://doi.org/10.1108/eb002684
ISSN: 0025-1747

Keywords

  • Management Literature

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Book part
Publication date: 31 July 2008

Economics Confronts the Economy Confronting economists who are confronting economicsklein's

David Colander

The book consists of an introduction and eight chapters. Chapter 1 “The Unchanging Focus of Modern Economics” considers economists’ attitude toward the invisible hand. It…

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Abstract

The book consists of an introduction and eight chapters. Chapter 1 “The Unchanging Focus of Modern Economics” considers economists’ attitude toward the invisible hand. It begins with quotations from standard microeconomic textbooks (Mas-Colell, Whinston and Green, Pashigian, and Ruffin) that show how that invisible hand is treated by modern economics as a technical issue, in which voluntary trades improve agents’ position. Markets allow trade, and thus, subject to the well-known standard conditions, make people better off. The texts train students in models that demonstrate the same. The chapter explores how the invisible hand metaphor has significantly deviated from Adam Smith's first use of the term. Klein argues that Smith's contextualization has been lost in technical proofs. Chapter 2, “Making Progress with Theory: Do We Get What We Want or Want What We Get?” considers macroeconomic issues; it points out that there is little communication among different schools of economics, and that researchers play by their own rules. In it Klein discusses Robert Lucas's positive view of W. C. Mitchell, and Lucas’ negative view of Keynes. Klein concludes the chapter with a discussion of how, today, macro is far less about policy, and far more about “playing games.”

Details

A Research Annual
Type: Book
DOI: https://doi.org/10.1016/S0743-4154(08)26014-1
ISBN: 978-1-84663-904-3

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Article
Publication date: 1 February 1993

The history and development of transaction log analysis

Thomas A. Peters

The purpose of this article is to present an overview of the history and development of transaction log analysis (TLA) in library and information science research…

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The purpose of this article is to present an overview of the history and development of transaction log analysis (TLA) in library and information science research. Organizing a literature review of the first twenty‐five years of TLA poses some challenges and requires some decisions. The primary organizing principle could be a strict chronology of the published research, the research questions addressed, the automated information retrieval (IR) systems that generated the data, the results gained, or even the researchers themselves. The group of active transaction log analyzers remains fairly small in number, and researchers who use transaction logs tend to use this method more than once, so tracing the development and refinement of individuals' uses of the methodology could provide insight into the progress of the method as a whole. For example, if we examine how researchers like W. David Penniman, John Tolle, Christine Borgman, Ray Larson, and Micheline Hancock‐Beaulieu have modified their own understandings and applications of the method over time, we may get an accurate sense of the development of all applications.

Details

Library Hi Tech, vol. 11 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/eb047884
ISSN: 0737-8831

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Article
Publication date: 1 January 1979

Industrial Democracy: the Lessons of the Lucas Campaign

David Elliott

The orderly extension of collective bargaining to cover health and safety, job design, product development and investment programmes is a goal shared by most unions. Some…

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The orderly extension of collective bargaining to cover health and safety, job design, product development and investment programmes is a goal shared by most unions. Some unions would prefer this to legislation on industrial democracy involving worker directors, although others see the two approaches as complementary. But attempts to “extend” collective bargaining have not been without their problems. The ambitious campaign for product diversification mounted by the Lucas Aerospace Combine Shop Stewards Committee is a good case in point.

Details

Employee Relations, vol. 1 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/eb054925
ISSN: 0142-5455

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Article
Publication date: 17 August 2020

Mentoring relationships between doctoral students and postdocs in the lab sciences

Jennifer M. Blaney, Jina Kang, Annie M. Wofford and David F. Feldon

This study aims to examine how science, technology, engineering, and mathematics doctoral students interact with postdocs within the research laboratory, identifying the…

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Abstract

Purpose

This study aims to examine how science, technology, engineering, and mathematics doctoral students interact with postdocs within the research laboratory, identifying the nature and potential impacts of student–postdoc mentoring relationships.

Design/methodology/approach

Using a sample of 53 doctoral students in the biological sciences, this study uses a sequential mixed-methods design. More specifically, a phenomenological approach enabled the authors to identify how doctoral students make meaning of their interactions with postdocs and other research staff. Descriptive statistics are used to examine how emergent themes might differ as a product of gender and race/ethnicity and the extent to which emergent themes may relate to key doctoral student socialization outcomes.

Findings

This study reveals six emergent themes, which primarily focus on how doctoral students receive instrumental and psychosocial support from postdocs in their labs. The most frequent emergent theme captures the unique ways in which postdocs provide ongoing, hands-on support and troubleshooting at the lab bench. When examining how this theme plays a role in socialization outcomes, the results suggest that doctoral students who described this type of support from postdocs had more positive mental health outcomes than those who did not describe this type of hands-on support.

Originality/value

Literature on graduate student mentorship has focused primarily on the impact of advisors, despite recent empirical evidence of a “cascading mentorship” model, in which senior students and staff also play a key mentoring role. This study provides new insights into the unique mentoring role of postdocs, focusing on the nature and potential impacts of student–postdoc interactions.

Details

Studies in Graduate and Postdoctoral Education, vol. 11 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/SGPE-08-2019-0071
ISSN: 2398-4686

Keywords

  • Doctoral education
  • STEM
  • Mentorship

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Book part
Publication date: 9 December 2003

“PATTERN PENITENCE”: PENITENTIAL NARRATIVE AND MORAL REFORM DISCOURSE IN NINETEENTH-CENTURY BRITAIN

Anna Kaladiouk

The accounts of moral reform that nineteenth-century convicts offered the officials in charge were frequently characterized by such uniformity that it caused Dickens to…

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The accounts of moral reform that nineteenth-century convicts offered the officials in charge were frequently characterized by such uniformity that it caused Dickens to mistrust their sincerity and to brand them scornfully as “pattern penitence.” Unlike Dickens, however, prison officials were more willing to credit the questionable authenticity of “patterned” repentance. The paper argues that rather than an effect of personal gullibility, reformers’ attitudes can be seen as an outcome of specific interpretative strategies which, in turn, constituted a response to several institutional challenges facing the nineteenth-century Penitentiary.

Details

Punishment, Politics and Culture
Type: Book
DOI: https://doi.org/10.1016/S1059-4337(03)30001-8
ISBN: 978-0-76231-072-2

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Book part
Publication date: 19 August 2016

The Walk-In Closet: Between “Gay-Friendly” and “Post-Closeted” Work

David Orzechowicz

Since the 1950s, the closet has been the chief metaphor for conceptualizing the experience of sexual minorities. Social change over the last four decades has begun to…

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Since the 1950s, the closet has been the chief metaphor for conceptualizing the experience of sexual minorities. Social change over the last four decades has begun to dismantle some of the social structures that historically policed heteronormativity and forced queer people to manage information about their sexuality in everyday life. Although scholars argue that these changes make it possible for some sexual minorities to live “beyond the closet” (Seidman, 2002), evidence shows the dynamics of the closet persist in organizations. Drawing on a case study of theme park entertainment workers, whose jobs exist at the nexus of structural conditions that research anticipates would end heterosexual domination, I find that what initially appears to be a post-closeted workplace is, in fact, a new iteration: the walk-in closet. More expansive than the corporate or gay-friendly closets, the walk-in closet provides some sexual minorities with a space to disclose their identities, seemingly without cost. Yet the fundamental dynamics of the closet – the subordination of homosexuality to heterosexuality and the continued need for LGB workers to manage information about their sexuality at work – persist through a set of boundaries that contain gayness to organizationally desired places.

Details

Research in the Sociology of Work
Type: Book
DOI: https://doi.org/10.1108/S0277-283320160000029023
ISBN: 978-1-78635-405-1

Keywords

  • Heteronormativity
  • homonormativity
  • organizations
  • sexuality
  • the closet
  • work culture

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Article
Publication date: 1 August 1968

Personalities in the news

Professor David Keith‐Lucas, M.A., M.I.Mech.E., F.R.Ae.S., assumed the office of President for the year 1968–9 at the Annual General Meeting of the Royal Aeronautical Society.

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Professor David Keith‐Lucas, M.A., M.I.Mech.E., F.R.Ae.S., assumed the office of President for the year 1968–9 at the Annual General Meeting of the Royal Aeronautical Society.

Details

Aircraft Engineering and Aerospace Technology, vol. 40 no. 8
Type: Research Article
DOI: https://doi.org/10.1108/eb034415
ISSN: 0002-2667

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