Abstract:In the past, entrepreneurs could prosper as owner-managers of independent local businesses. As a consequence, the unit of analysis in business research has typically beenand continues to bethe entrepreneur and/or the enterprise. Yet, the reality of the global marketplace has been changing, as formerly competing firms are now co-operating in various types of horizontal, vertical or trans-industry alliances. Growth need not take place by means of mergers and acquisitions, but can also be attained via networking,… Show more
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