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The Medici effect: multidisciplinary insights for entrepreneurship research.

Authors :
Lee, Younggeun
Cortes, Andres Felipe
Di Benedetto, Anthony
Herrmann, Pol
Hughes, Mathew
Kim, Phillip H.
Park, Haemin Dennis
Lan, Sai
Source :
New England Journal of Entrepreneurship (Emerald Publishing Limited); 2024, Vol. 27 Issue 1, p2-8, 7p
Publication Year :
2024

Abstract

The article discusses the concept of the Medici effect, which highlights the importance of collaboration and the sharing of diverse perspectives and experiences in promoting innovation. It provides historical examples, such as the Renaissance and the development of the aqueduct system, to illustrate how innovation can flourish when ideas from different disciplines intersect. The article also explores the application of interdisciplinary thinking in entrepreneurship research and suggests areas for further exploration, including strategic leadership, platform ecosystems, new product development, and innovation in family businesses. The authors encourage scholars to embrace the Medici effect and contribute to the field of entrepreneurship through multidisciplinary approaches. [Extracted from the article]

Details

Language :
English
ISSN :
1550333X
Volume :
27
Issue :
1
Database :
Supplemental Index
Journal :
New England Journal of Entrepreneurship (Emerald Publishing Limited)
Publication Type :
Academic Journal
Accession number :
178687092
Full Text :
https://doi.org/10.1108/NEJE-07-2024-104