York, Entrpreneurship & Sustainability (2010) Flashcards
1
Q
Name the 4 main incentives according to York
A
Government/regulation
stakeholder pressure
ethical responsibility
Corporate action
2
Q
What do new companies create/do in times of uncertainty?
A
Gather info risk taking disruptive innovation obtain resources establish markets and prices
3
Q
How do incumbents profit from the davids in regard to uncertainty and information?
A
New firms & incumbents enter the market benefit from pricing scale reduction costs innovation norms are adjusted
