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Shared Entrepreneurship: A Path Forward

In: Shared Entrepreneurship

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  • Frank Shipper

Abstract

There can be little doubt both from the prior research cited and the cornpanies highlighted in this book that the business case can be made for a paradigm shift from the conventional hierarchical command and control business model to shared entrepreneurship (SE). By one estimate based on research, companies that practice SE have the potential to be 50 percent more profitable and have a market capitalization value 50 percent greater than those that do not.1 In addition, the preponderance of evidence suggests that such firms are more profitable, and do not drop as far in a recession and recover faster and stronger than their competitors. For example, Herman Miller increased its market value 115 percent between 2008 and 2012 and its percentage of industry capitalization from 8.88 percent to 18.87 percent, a 106 percent increase. In other words, not only did Herman Miller’s market value increase over 100 percent, but its relative strength in the industry increased over 100 percent too.

Suggested Citation

  • Frank Shipper, 2014. "Shared Entrepreneurship: A Path Forward," Palgrave Macmillan Books, in: Frank Shipper (ed.), Shared Entrepreneurship, chapter 0, pages 97-108, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-40580-7_7
    DOI: 10.1057/9781137405807_7
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