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Entrepreneurs And Entrepreneurial Behavior

Posted on:2007-03-31Degree:MasterType:Thesis
Country:ChinaCandidate:Y HuangFull Text:PDF
GTID:2209360185484036Subject:Industrial Economics
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With the economic development in P.R. China, more and more attention are paid to the entrepreneurs' rules and entrepreneur actions' selection. Many scholars give advices on how to raise and cultivate the entrepreneurs from different angles, such as ownership of firm, incentives and restrictions, institutional structure. The designations on incentives and restrictions of entrepreneurs are becoming the emphasis, and designers make up different incentives and restrictions systems. The actual fact is that one is hard to be defined as an entrepreneur or not, but his actions can be observed clearly. One of the important rules of an incentives and restrictions system is to prompt providing entrepreneur actions, therefore the entrepreneur can lead the enterprise into unceasing development. The aim of incentives and restrictions being put on entrepreneurs is "incentive compatibility", so personal benefits, enterprise benefits, and social wealth may all be reached. The incentives on managers in Theory of Principal and Agent are the point, and the incentives are to maximize the owners' wealth, so the ways on how to incentive agent by payment is an essential branch. In reality, scholars study payments and enterprises' performance, in order to find out the relationship between them, and didn't study deeply in the entrepreneurs' raising system; only supposing that all agents are entrepreneurs, therefore, neglect factors about raising entrepreneurs and actions' conduction.One enterprise's future is, in some deeper degree, depended on the entrepreneur, as the same, one nation's economy is on the basis of entrepreneurs as a whole. The essential rule of entrepreneur is: innovation. The innovations lead enterprise to an unceasing development, the national economy also need innovational microeconomic base to get a good performance. An enterprise's future is connected with managers and many uncertain factors, but some system should be used to ensure the group of entrepreneurs' raising. The incentives and restrictions system is used to assuring to provide the resource: entrepreneurs, to encourage and maintain the entrepreneurs group. The entrepreneurs' actions are actions like the innovations in entrepreneurs, and that a manager who is an entrepreneur or not is got by observing this manager' innovational actions. It is obvious that the rule of incentives and restrictions system...
Keywords/Search Tags:entrepreneur, entrepreneur actions, incentives and restrictions
PDF Full Text Request
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