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Entrepreneurship and Innovation in Automobile Insurance
Af: John Paul Rossi, Samuel P. Black Engelsk Paperback
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kr 48
Entrepreneurship and Innovation in Automobile Insurance
Af: John Paul Rossi, Samuel P. Black Engelsk Paperback

Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance.

One of this study''s central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black''s relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company''s growth. A second theme is the automobile''s dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

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Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance.

One of this study''s central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black''s relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company''s growth. A second theme is the automobile''s dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

Produktdetaljer
Sprog: Engelsk
Sider: 304
ISBN-13: 9781138863842
Indbinding: Paperback
Udgave:
ISBN-10: 113886384X
Udg. Dato: 30 jun 2020
Længde: 0mm
Bredde: 229mm
Højde: 152mm
Oplagsdato: 30 jun 2020
Forfatter(e) John Paul Rossi, Samuel P. Black


Kategori Forsikring og aktuarstudier


Sprog Engelsk


Indbinding Paperback


Sider 304


Udgave


Længde 0mm


Bredde 229mm


Højde 152mm


Udg. Dato 30 jun 2020


Oplagsdato 30 jun 2020

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