Entrepreneurship and Productivity

Entrepreneurship and Productivity

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Examines issues affecting entrepreneurship and productivity, looking at factors contributing to enhanced productivity, the future of US and world growth rates, and the role of entrepreneurship and quality in productivity and production decisions. Includes chapter problems. Useful as a text for undergraduate and graduate students of business administration, economics, and engineering, in courses emphasizing production and productivity. Material is accessible to students without previous courses in economics. Annotation copyrighted by Book News, Inc., Portland, ORSuppose we let gross domestic product be 100 (in aquot;units of outputaquot;) and it takes fifty hours of labor to produce the 100 ... This number may not mean much in and of itself, but over time it can be quite meaningful as an efficiency measure. ... This decline in relative productivity appears to have been reversed during the early 1980s, only to begin its decline ... For example, if workers could produce $50 worth of goods per hour in 1982 and $60 worth in 1990, then the nominal dollar value ofanbsp;...

Title:Entrepreneurship and Productivity
Author:Edward E. Williams, James Robert Thompson
Publisher:University Press of America - 1998


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