What is it about?
The idea of the garage entrepreneur--who starts businesses in garages (or basements or dorm rooms or kitchens)--is a highly popular contemporary legend, but not quite accurate. Academic research now claims that entrepreneurs are often organizational products: They typically acquire confidence, business knowledge, and social connections via prior experience at existing organizations.
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Why is it important?
The garage entrepreneur is a misleading, contemporary legend.
Perspectives
Individuals, companies, policy makers, and business schools will benefit from recasting the garage as a contemporary legend and focusing instead on the lessons that can be derived from an understanding of entrepreneurs as organizational products.
Dr. Christopher Ian Rider
University of Michigan
Read the Original
This page is a summary of: A Garage and an Idea: What More Does an Entrepreneur Need?, California Management Review, October 2005, SAGE Publications,
DOI: 10.2307/41166325.
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