Time in Entrepreneurship

Alessandro Capocchi ()
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Alessandro Capocchi: University of Milano-Bicocca

Chapter 2 in Economic Value and Revenue Management Systems, 2019, pp 21-39 from Springer

Abstract: Abstract This chapter underlines how time is a precious and decisive resource for entrepreneurship, management, and strategic formulation. Entrepreneurship is a dynamic-time-phenomenon based on the functioning of the economic business cycle. The economic business cycle guarantees the reconstitution of capital and the continuity of the phenomenon over time. The economic business cycle of a company is like the perfect functioning of the automatic gears of a Swiss watch. Moving from the description of the economic business cycle, the author illustrates the different meanings of the price and the different implications of the time dimension in the business. Entrepreneurship as a dynamic-time-phenomenon is a productive combination oriented to the creation of value over time. The author highlights how the time dimension marks all company life.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-02417-8_2

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DOI: 10.1007/978-3-030-02417-8_2

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