专栏企业家

THE TROUBLE WITH TRYING TO SPOT A WINNER

One of the great defects of modern economics is the failure to take proper account of the impact of entrepreneurs. These figures are the prime movers in any new enterprise, but they are a badly understood breed. If academics, investors, civil servants and politicians were more familiar with the tribe of entrepreneurs, returns on capital would improve and industrial policy would be more effective.

Yet, after many years of partnering with a variety of business founders, I have some sympathy with the researchers: entrepreneurs are by nature individualistic and hard to analyse. Literature on the subject is neither extensive nor profound; given the importance of entrepreneurs to job and wealth creation, it is a costly omission.

Academics have tried over the decades to categorise entrepreneurs, so as to provide insight into their motivations and likelihood of success. For example, in 1990 Robert Hornaday proposed a simple division between “craftsmen”, “promoters” and “professional managers”. The first type take great pride in the technical aspects of their products; the second are wheeler-dealers who concentrate on making money; the final subspecies have a structured approach to their trade, adopting many of the habits of large corporations. Craftsmen are passionate about quality, but often insufficiently ambitious. Promoters lack a long-term perspective. Professional managers can build scale, but may be too inflexible.

您已阅读35%(1435字),剩余65%(2719字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。
版权声明:本文版权归manbetx20客户端下载 所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

卢克•约翰逊

卢克•约翰逊(Luke Johnson)是一位成果颇丰的企业家和创业家,他为英国《金融时报》撰写企业家专栏。他目前担任英国皇家艺术协会的主席,并管理着一家私人股本投资公司——Risk Capital Partners。约翰逊曾在牛津大学学医,但是毕业后却进入投行业。他在1992年收购PizzaExpress,担任其董事长,并将其上市。到1999年出售的时候,PizzaExpress的股价已经从40英镑涨至800英镑。

相关文章

相关话题

设置字号×
最小
较小
默认
较大
最大
分享×