Describes a recent study, undertaken by DTZ Debenham Thorpe, examiningthe economic role of property. Foresees a change in attitudes towardscompany property (a shift away from the…
Abstract
Describes a recent study, undertaken by DTZ Debenham Thorpe, examining the economic role of property. Foresees a change in attitudes towards company property (a shift away from the traditional view that it is an umbrella for housing people and production), induced by effects of the abolition of trade barriers. Concludes that the value of real estate must be maximized to retain economic health.
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Christina Anna Elisabeth Claßen and Reinhard Schulte
The purpose of this paper is to develop an understanding of how conflicts, caused by the specifics of family businesses – the familiness – impact change in family businesses.
Abstract
Purpose
The purpose of this paper is to develop an understanding of how conflicts, caused by the specifics of family businesses – the familiness – impact change in family businesses.
Design/methodology/approach
The analysis is based on 21 semi-structured in-depth interviews of German family business members. The authors followed the grounded theory approach.
Findings
This study gives evidence for family business-specific conflicts and family business-specific change and outlines how conflict impacts change. Findings show that a family system works like a recursive catalytic converter in family businesses.
Research limitations/implications
This paper offers researchers a broader understanding and a comprehensive view of change in the family business. Although still limited by its exploratory approach, its insights can be valuable for researchers, practitioners and policy makers. The findings offer an operational base for future quantitative studies.
Originality/value
Using the new system theories approach the authors develop an understanding of how conflicts impact change in family businesses. The study explains how conflicts are managed in family business practice.
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Stefan Prigge and Katharina J. Mengers
This chapter presents the current research status of family constitutions from an economics perspective. It locates the family constitution as part of the family and business…
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This chapter presents the current research status of family constitutions from an economics perspective. It locates the family constitution as part of the family and business governance structure of a family firm and the owner family. The typical structure and content of a family constitution are introduced. The chapter focuses on the status of research about family constitutions and provides a structured map for future research. With regard to extant research, it must be stated that the stock of literature is small. The contributions to literature are categorized in surveys; conceptual contributions; survey data; small sample, qualitative, empirical studies; and big sample, quantitative, empirical studies. The latter group includes three studies with a separate family constitution variable. This small number symbolizes that the family constitution still is an under-researched area. Therefore, family constitution research is far away from being able to answer central questions of advice-seeking owner families like, for example, whether a family constitution affects family performance, firm performance, or both; or whether the development process of a family constitutions disposes of an effect on family or firm performance separately from the hypothesized effect of the family constitution document.
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Within the last two decades, entrepreneurship education has become institutionalized in Germany. It is offered as a stand-alone program or as part of a business degree, combining…
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Within the last two decades, entrepreneurship education has become institutionalized in Germany. It is offered as a stand-alone program or as part of a business degree, combining academic knowledge, practical skills, and personal development to enhance the entrepreneurial success of university graduates. While entrepreneurship education has experienced similar growth worldwide, its emergence in Germany is closely tied to the country’s political and economic developments. The significance of entrepreneurship education for a thriving entrepreneurial ecosystem and contemporary economic policy has been instrumental in advancing its academic recognition. This chapter provides a historical analysis of the academization of entrepreneurship in Germany. It explores the recursive and often idiosyncratic processes involving state and financial institutions, companies, and universities that have created, respecified, and mutually reinforced a subdiscipline and field of study. Academic entrepreneurship knowledge successively not only became relevant for starting a business but also for employment within the entrepreneurial infrastructure and beyond. This chapter follows a chronological order, highlighting three key stages in the academization of entrepreneurship education. First, the academic, financial, and political roots (I) of entrepreneurship up until the 1970s. Second, it explores the transformation (II) of entrepreneurship into a viable policy alternative and the challenges faced in establishing complementary research and education in higher education institutions during the 1980s. Finally, it sketches the institutionalization (III) of entrepreneurship as a central driver of government economic policy, allowing for the late bloom of entrepreneurship education and research at universities around the turn of the millennium.
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From 1953 to 1961, the South Korean economy grew slowly; the average per capita GNP growth was a mere percent, amounting to less than $100 in 1961. Few people, therefore, look for…
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From 1953 to 1961, the South Korean economy grew slowly; the average per capita GNP growth was a mere percent, amounting to less than $100 in 1961. Few people, therefore, look for the sources of later dynamism in this period. As Kyung Cho Chung (1956:225) wrote in the mid‐1950s: “[South Korea] faces grave economic difficulties. The limitations imposed by the Japanese have been succeeded by the division of the country, the general destruction incurred by the Korean War, and the attendant dislocation of the population, which has further disorganized the economy” (see also McCune 1956:191–192). T.R. Fehrenbach (1963:37), in his widely read book on the Korean War, prognosticated: “By themselves, the two halves [of Korea] might possibly build a viable economy by the year 2000, certainly not sooner.”
Kathrin Fuchs, Arndt Werner and Frank Wallau
The question arises whether entrepreneurship education will be able to facilitate the entrepreneurial attitude in the near future. Unfortunately, the decisive role of compulsory…
Abstract
Purpose
The question arises whether entrepreneurship education will be able to facilitate the entrepreneurial attitude in the near future. Unfortunately, the decisive role of compulsory schooling has long been neglected in this context. Until recently it was considered sufficient to provide education in entrepreneurship in universities (especially in the area of Business Administration) or in the form of special courses for people who consider starting their own business. Picking up the discussion at this point, the purpose of this paper is to analyse to what extent compulsory school education in Germany and Sweden facilitates a more entrepreneurial way of thinking among pupils.
Design/methodology/approach
First, the paper briefly summarises the relevant research literature and specify important components of entrepreneurship education. Second, it discusses what exactly is to be understood by entrepreneurial qualities and present a holistic approach based on a model by Dahlgren. Third, it describes the unique data and presents some empirical results. The empirical analysis concentrates on Germany. Yet, for reasons of comparison, it additionally analyses the situation in Sweden. Finally, the paper summarises the results and discusses the policy implications.
Findings
The results presented clearly suggest that German schools do not succeed very well in presenting self‐employment as an attractive alternative to dependent work. Swedish pupils generally show a higher preference for self‐employment than their German counterparts. Furthermore, the results suggest that German schools diminish rather than encourage pupils' ambitions to become self‐employed as the pupils become older.
Originality/value
To the authors' knowledge this is the first empirical study which compares the effect of different school systems on entrepreneurial attitude simultaneously (i.e. with the same questionnaire and at the same point of time).
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Bastian Hanisch, Frank Lindner, Ana Mueller and Andreas Wald
The purpose of this paper is show how the management of knowledge in temporary organizations is an increasingly important factor in many industries. This paper aims to examine…
Abstract
Purpose
The purpose of this paper is show how the management of knowledge in temporary organizations is an increasingly important factor in many industries. This paper aims to examine knowledge management in and between projects.
Design/methodology/approach
On the basis of 27 structured interviews with project managers and knowledge management experts in different corporations mainly located in Germany and German speaking countries, the prevalence, the organization and the success factors of project knowledge management are analyzed.
Findings
As a result, most interviewees stated an urgent need for a significant improvement of project knowledge management although only in few companies a systematic approach exists. The success of project knowledge management is mainly determined by cultural factors whereas technical aspects like information systems and project management methods are considered to serve as supporting factors only.
Research limitations/implications
Future research should include large‐scale surveys to systematically analyze the causalities of successful project knowledge management in different types of projects, organizations, and industries. Further research involving companies located in other cultural areas could help extracting possible effects caused by cultural or societal influences.
Originality/value
The authors present a cross‐sectional study on project knowledge management comprising companies from different industries.
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Simon M. Gower and Frank C. Harris
Illustrates, through review, the apparent success of science parks,which, despite increased occupancy and investment levels, remaindependent on public‐sector support. Highlights…
Abstract
Illustrates, through review, the apparent success of science parks, which, despite increased occupancy and investment levels, remain dependent on public‐sector support. Highlights characteristics, which both contribute to such success and distinguish this form of development from other forms of property development (notably similar forms such as business parks). Proposes various determinants for the potential success of hi‐tech industrial property developments, and suggests that certain types of development (i.e. unfavourable geographical location) have been overwhelmingly motivated by a will to participate in urban economic regeneration contrary to prevailing market forces. Concludes by questioning the lasting benefits and potential for continued success of such development.