Abstract
For thousands of years, the exploitation of natural resources, harvesting of crops and raising of livestock have been important sources of wealth generation for various nations across the world. The drawback of these sources of wealth is that these goods are all commodities. Because most customers are seeking the same standard product proposition, there is often very little difference between available sources of supply. As a consequence the lowest possible price is usually the prime determinant of market success.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Allen, R. C. (2011). Why the industrial revolution was British: Commerce, induced invention, and the scientific revolution. Economic History Review, 64(2), 357–384.
Anon. (2015). Rio and BHP set iron ore production records. Engineering & Mining Journal, 216(2), 5–6.
Baldwin, T. (2015). The trouble with fonterra (pp. 12–13). Auckland: The New Zealand Herald.
Berry, A. (1999). A century of wasting heat. New Steel, Sheffield, 15(11), 2–3.
Brandon, L. (2014). Apple (p. 102). New York: Business Week.
Burgelman, R. A., Christensen, C. M., & Wheelright, S. C. (2006). Strategic management of technology and innovation. New York: McGraw Hill Irwin.
Chaston, I. (2016). Entrepreneurial marketing (2nd ed.). London: PalgraveMacmillan.
Cohen, S., & Fields, D. (1999). Social capital and capital gains in Silicon Valley. California Management Review, 41(2), 108–130.
Cusumano, M. A. (2015). Technology strategy and management: How traditional firms must compete in the sharing economy. Communications of the ACM, 58(1), 32–33.
Das, G. (2015). Taxi wars. Business Today, New York, 24(17), 44–58.
Datamonitor. (2009). POM wonderful case study: Creating sustainable growth in the superfruits market. London: Datamonitor.
Datta, A., Mukherjee, D., & Jessup, L. (2015). Understanding commercialization of technological innovation: Taking stock and moving forward. R&D Management, 45(3), 240–251.
Doepke, M., & Zilibotti, F. (2005). Social class and the spirit of capitalism. Journal of the European Economic Association, 3(2/3), 516–524.
Dolfsma, W., & Gerben, V. (2014). Industry innovativeness, firm size, and entrepreneurship: Schumpeter Mark III. Journal of Evolutionary Economics, 24(4), 713–736.
Dorobat, C. A. (2014). Jean-Baptiste say: Revolutionary, entrepreneur, economist. Quarterly Journal of Austrian Economics, 17(1), 112–116.
Engel, J. S., & del-Palacio, I. (2011). Global clusters of innovation: The case of Israel and Silicon Valley. California Management Review, 53(2), 27–49.
Engel, J. S., & del-Palacio, I. (2015). Global clusters of innovation: Lessons from Silicon Valley. California Management Review, 57(2), 37–58.
Fayolle, A. (2008). Entrepreneurship education at the crossroads: Towards a more mature teaching field. Journal of Enterprising Culture, 16(4), 325–337.
Fox, J. (2016). Airbnb: How the sharing economy is affecting New York City hotels (pp. 90–92). New York: Hotel Management.
Gao, S., & Low, S. P. (2014). The Toyota Way model: An alternative framework for lean construction. Total Quality Management & Business Excellence, 25(5/6), 664–682.
Gevero, A., & Alves, E. (2015). How Uber and other ride-sharing companies are roiling the taxi medallion. Risk Management Journal, 98(4), 36–41.
Gray, J. (2016). Dairy doldrums hit farm values, business section (p. 5). Auckland: The New Zealand Herald.
Habtay, S. R. (2012). A firm-level analysis on the relative difference between technology-driven and market-driven disruptive business model innovations. Creativity and Innovation Management, 21(3), 291–302.
Helm, B. (2014). Airbnb company of the year (pp. 64–68). New York: Inc.
Helper, S., & Henderson, P. (2014). Management practices, relational contracts, and the decline of General Motors. Journal of Economic Perspectives, 28(1), 49–72.
Isaacson, W. (2011). Steve jobs. New York: Simon & Schuster.
Kirzner, J. M. (1973). Competition and entrepreneurship. Chicago: University of Chicago Press.
Kisswani, K. (2015). OPEC and political considerations when deciding on oil extraction. Journal of Economics & Finance, 39(1), 118–129.
Kristoff, K. (2011). Cash-rich stocks to buy now (pp. 23–27). Washington, DC: Kiplinger’s Personal Finance.
Kurtz, M. (2014, June 16). Airbnb’s inroads into the hotel industry (pp. 1–6). New York: HVS Global Hospitality Report, HVS International.
Langlois, R. N. (2007). The entrepreneurial theory of the firm and the theory of the entrepreneurial firm. Journal of Management Studies, 44(7), 1107–1124.
Lawton, T., & Michaels, K. (2001). Advancing to the virtual value chain: Learning from the Dell model. Irish Journal of Management, 22(1), 91–113.
MacCleod, C. (1992). Strategies for innovation: The diffusion of new technology in nineteenth-century British industry. Economic History Review, 45(2), 285–307.
Malairaja, C. (2003). Learning from the Silicon Valley and implications for technological leapfrogging. International Journal of Technology Management & Sustainable Development, 2(2), 73–95.
Martin, A. (2014). America’s got milk and China wants it (pp. 20–21). New York: Business Week.
McCune, J. (1996). Polishing the apple (pp. 43–49). New York: Management Review.
McKinely, A., & Starkey, D. (1994). After henry: Continuity and change in ford motor company. Business History, 36(1), 184–205.
McGrath, R. G. (2010). Business models: A discovery driven approach. Long Range Planning, 43, 247–261.
McPherson, D. (2015). POM used deception in advertising (p. 10). Newton, MA: Response.
Melek, N. (2015). What could lower prices mean for US oil production. Economic Review, 100(1), 51–69.
Moore, G. (2004, March–April). Darwin and the demon: Innovating within established enterprises. Harvard Business Review, 86–93.
Moykr, J. (2001). The industrial revolution and the economic history of technology: Lessons from the British experience, 1790–1850. Quarterly Review of Economics & Finance, 41(3), 295–311.
Muller, J. (2015). How badly does Toyota want to push hydrogen cars? It’s giving away its patents for free (p. 30). New York: Forbes.
Nuvolari, A., & Verspagen, B. (2009). Technical choice, innovation, and British steam engineering, 1800–50. Economic History Review, 62(3), 685–710.
Rapp, W. V. (2007). Hydrocarbons to hydrogen Toyota’s long-term IT-based smart product strategy. The Business Review, Cambridge, 7(2), 1–7.
Schilling, M. A. (2006). Strategic management of technological innovation. New York: McGraw Hill Irwin.
Schumpeter, J. A. (1934). The theory of economic development. Boston, MA: Harvard University Press.
Schumpeter, J. A. (1954). History of economic analysis. Oxford: Oxford University Press.
Todd, H. (2005). Rising stars (pp. 27–29). New York: Beverage World.
Townsend, J., & Calantone, R. (2014). Evolution and transformation of innovation in the global automotive industry. Journal of Product Innovation Management, 31(1), 4–7.
Trividi, R. (2013). Entrepreneurship, its conceptualization and teaching in business schools. South Asian Journal of Management, 20(1), 38–61.
Williamson, L. (2015). Tight squeeze (pp. 28–29). New York: Inside Counsel.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2017 The Author(s)
About this chapter
Cite this chapter
Chaston, I. (2017). Entrepreneurship. In: Technological Entrepreneurship. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-45850-2_1
Download citation
DOI: https://doi.org/10.1007/978-3-319-45850-2_1
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-45849-6
Online ISBN: 978-3-319-45850-2
eBook Packages: Business and ManagementBusiness and Management (R0)