Abstract
In the beginning was the corporation. Or so it seems, as it is pointed out in the first chapter of this handbook. However, the “modern industrial corporation” is a relatively recent invention in historical terms. Chandler (1990) dates its emergence to the last-half of the nineteenth century, when advances in transportation and communications both enabled and demanded the formation of large corporations managed by professionals. Such corporations came to represent the engines of national economic growth and of individual wealth creation in countries whose very membership in the group of industrialized nations speaks to the success of this organizational form (Acs, Introduction, this volume; Baumol, 2002).
Keywords
- Corporate Social Responsibility
- Entrepreneurial Activity
- Real Option
- Social Enterprise
- Social Entrepreneurship
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Notes
- 1.
For those just getting started, let us draw attention to several solid texts that build on this body of literature to create a context for learning what territory has already been covered and where new thinking might be welcome. In addition to this excellent volume, we would also direct readers’ attention to Schoonhoven and Romanelli (2001), Bhide (2000) and for those interested in corporate entrepreneurship Hitt et al. (2002).
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McGrath, R.G., Desai, S. (2010). Connecting the Study of Entrepreneurship and Theories of Capitalist Progress: An Epilog. In: Acs, Z., Audretsch, D. (eds) Handbook of Entrepreneurship Research. International Handbook Series on Entrepreneurship, vol 5. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-1191-9_22
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