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"Others have searched, it is your job to 'research', that is why you are a 'Researcher' . . ." These are the words of my Business Ethics and Law MBA Lecturer. He will further say "Research is like building a brick wall but you cannot build it all alone. Your job as a researcher is to put a piece of brick (your work) on the wall (knowledge), while others will continue to place theirs. With this in perspective, I cannot cover everything in this book, though I wish I could. I will not claim that the content of this book is totally something new. However, I will call it an 'innovation' from my several years of studying already existing literatures, lessons from the lives of successful entreprene...
Without a clear and organized view of where and how entrepreneurship manifests itself, policy makers have been left in uncharted waters without an analytical compass. The purpose of this book is to provide such an analytical compass for directing how public policy can shape and promote entrepreneurship. We do this in two ways. The first is to provide a framework for policymakers and scholars to understand what determines entrepreneurship. The second is to apply this framework to a series of cases, or country studies. In particular, this book seeks to answer three questions about entrepreneurship: What has happened over time? Why did it happen? And, what has been the role of government policy...
This book records the first success stories of a new form of financial intermediation, the hometown investment fund, that has become a national strategy in Japan, partly to meet the need to finance small and medium-sized enterprises (SMEs) after the devastating earthquake and tsunami in March 2011. The hometown investment fund has three main advantages. First, it contributes to financial market stability by lowering information asymmetry. Individual households and firms have direct access to information about the borrowing firms, mainly SMEs, that they lend to. Second, it is a stable source of risk capital. The fund is project driven. Firms and households decide to invest by getting to know ...