The Investment Horizon Issue in User-Owned Organizations - Executive Summary
Posted: 13 Mar 2014
Date Written: 2005
Abstract
Collective entrepreneurship is an emerging field in the study of collective action. Drawing on recent advances in organizational economics, this research investigates an important investment constraint in collective entrepreneurship-the horizon problem. Empirical data generated by research case studies and member surveys conducted between January 2003 and May 2005 tests to what degree the investment horizon problem exists in user-owned organizations. Contrary to previous hypotheses, results suggest that more than one type of horizon problem exists in patron-owned or user-owned organizations. Empirical results identify five variants of the horizon problem in user-owned organizations that face the newly defined horizon constraints.
Keywords: entrepreneurship, collective, investment horizon, horizon, problem
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