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History of Entrepreneurship


  • Kolesnik Tatyana N.

    (Kharkiv National Academy of Municipal Economy)

  • Demidova Aleksandra S.

    (V. N. Karazin Kharkiv National University)

  • Kolesnik Dmitriy A.

    (Kharkiv National Academy of Municipal Economy)


Historically entrepreneurial activity is a multifold phenomenon that is developing rapidly and has an origin in antiquity. First so-called businessmen started their business enriching themselves by means of violence, in particular by robberies and swindles. Development of domestic and foreign trade in Ancient Greece, China, Rome and Near East caused the appearance of businessmen in the sphere of usury and trade. Traders borrowed money from usurers under the high interest to purchase goods and then sell them abroad putting a double price. Thus they gave back their debts and interests to usurers. As a result both sides had essential benefits.

Suggested Citation

  • Kolesnik Tatyana N. & Demidova Aleksandra S. & Kolesnik Dmitriy A., 2013. "History of Entrepreneurship," Business Inform, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), Kharkiv National University of Economics, issue 1, pages 332-334.
  • Handle: RePEc:idp:bizinf:y:2013:i:1:p:332_334

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    References listed on IDEAS

    1. Villalonga, Belen & Amit, Raphael, 2006. "How do family ownership, control and management affect firm value?," Journal of Financial Economics, Elsevier, vol. 80(2), pages 385-417, May.
    2. Fama, Eugene F. & French, Kenneth R., 1997. "Industry costs of equity," Journal of Financial Economics, Elsevier, vol. 43(2), pages 153-193, February.
    3. Bates, Thomas W. & Becher, David A. & Lemmon, Michael L., 2008. "Board classification and managerial entrenchment: Evidence from the market for corporate control," Journal of Financial Economics, Elsevier, vol. 87(3), pages 656-677, March.
    4. Gerald T. Garvey & Gordon Hanka, 1999. "Capital Structure and Corporate Control: The Effect of Antitakeover Statutes on Firm Leverage," Journal of Finance, American Finance Association, vol. 54(2), pages 519-546, April.
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