Strategy and the Entrepreneur
Norbäck and Persson (2014) suggest that some firms are “born to be global firms,” like Google and Facebook. Others, however, sell themselves and their innovations to incumbent firms. The authors argue that both strategies can be beneficial, depending upon the market. How do the authors’ findings align with Peng’s five entrepreneurial strategies? Do Norback and Persson’s assertions complement or contradict Peng’s? What are the implications for small, new, innovative firms?
Your well-written paper should meet the following requirements:
- 4 pages in length not including the cover page and the reference page
- Support your analysis by referencing and citing at least three credible sources in addition to the course textbook.
- Use academic writing standards and APA style guidelines (attached), citing references as appropriate.
Answer PreviewEntrepreneurship generally refers to an activity that allows an individual who is known as an entrepreneur to start a business. The reason behind the business is so as to accrue profit from the operation of the business. Entrepreneurship is ruled by different principles that are necessary for realizing good management and good allocation of resources which, in turn, results in higher…
(1255 Words)