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1.22 Exercises

1.22.1 Look at the following list of names. Who are these individual? What do you know about them? What companies did these start? When? Which are family firms? Still run by the family? Who saw themselves as social entrepreneurs? Which are now owned by large MNCs? Did they have their IPOs? What are their brands?

  • Jeff Besoz
  • Chaja Rubinstein (aka Princess Gourielli)
  • Michael Dell
  • Cher Wang
  • Sergey Brin
  • Don Facundo Bacardi-Masso
  • Larry Page
  • Kiichiro Toyoda
  • Diane Halfin von Fürstenberg Diller
  • Alfred Sloan
  • Jacques Defforey and Marcel Fournier
  • J. K. Rowling
  • John W. Nordstrom
  • Arianna Huffington
  • Jaime Torres
  • Yang Lan
  • Erlin Persson
  • Elon Musk
  • Dave Thomas
  • Sara Blakely

1.22.2 Read the article: Carland, J. W., Hoy, F., Boulton, W. R., Carland, J. C. 1984. Differentiating entrepreneurs from small business owners: A conceptualization. Academy of Management Review, 9(2): 354–359. How have the views changed over 30 years? Are these conceptualizations still valid in today’s business context? Justify your response with real business examples.

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