Title: Scientific Entrepreneurial Management: Bricolage, Bootstrapping, and the Quest for Efficiencies
Authors: Manjula S. Salimath; Raymond J. Jones III
Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.
Abstract: Frederick Taylor is well recognized for his principles of scientific management. Scientific management was designed with the intent of seeking greater efficiencies in the use of labor and the consequent production of material goods. More notably, scientific management was tested and promoted primarily in the context of established and larger businesses. We argue that Taylor's quest for efficiencies can apply in yet another context, that of entrepreneurial firms and small businesses. Bricolage and bootstrapping are presented as two resource management techniques used by entrepreneurs that closely resemble Taylorian efficiency perspectives. Taylor's relevance to the scientific management of entrepreneurship is discussed.
Keywords: Scientific management; entrepreneurial management; bricolage; bootstrapping; efficiency.
Journal of Business and Management, 2011 Vol.17 No.1, pp.85 - 103
Published online: 05 Sep 2024 *