Timeless advice: Daniel Defoe and small business management

Autor: R.H. Hamilton, Patricia L. Hamilton
Rok vydání: 2005
Předmět:
Zdroj: Management Decision. 43:1304-1316
ISSN: 0025-1747
DOI: 10.1108/00251740510634886
Popis: PurposeDaniel Defoe, best known as the author ofRobinson Crusoe, was also an early entrepreneur who late in his life published a business text calledThe Complete English Tradesman.The purpose of this paper is to argue thatThe Complete English Tradesmanshould be given renewed consideration as an early predecessor to the great works in management literature.Design/methodology/approachThe paper compares the content found inThe Complete English Tradesmanwith topics and content typically found in modern small business management texts.FindingsThe paper finds considerable overlap between Defoe's advice and modern small business management principles. Besides the overall relevant content, the paper also finds unique insights offered by Defoe that could be applied by the modern small business entrepreneur. The paper presents possible reasons why Defoe's work is not widely known today.Research limitations/implicationsDefoe's work may be reflective of the general eighteenth‐century entrepreneurial climate. There may be other related sources of interest, as well as potential parallels between the eighteenth‐century climate and the modern entrepreneurial environment.Practical implicationsA timeless core set of actions may be essential for entrepreneurial success.Originality/valueThis is the first research to compare Defoe's work explicitly with modern small business management theory or practice.
Databáze: OpenAIRE