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Business History: The importance of business history


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Business History: The importance of business history

  1. 1. Immigrant entrepreneurship: Nur Suhaili Ramli University of York, UK
  2. 2.  The past trading done between two parties or more with benefits Understanding the past activities by human Past barter trading – recorded , history Win-win situation by parties involved in trading Past trading that give impact and future opportunities to potential investors / buyers Recorded business activities  Success, failed, consistent, small enterprise, corporation, joint venture, merged, etc.
  3. 3. knowledge Human time behaviorskills Business History networkingchange environment experiences
  4. 4.  Collins dictionary : a commercial or industrial establishment Business dictionary: an organization or economic system where goods and services are exchanged for one another or for money. Wikipedia: A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers For??Marketing, finance, sales, purchasing, production, accounting, etc
  5. 5.  Yes! Absolutely! Why? Human structure Human system Benefit each other
  6. 6.  History inquire demands an analysis of context Changing of time, different year, era Business trends gradually change Combines the understanding of different  Time  Places  Languages  Behaviors References for future research, and business activity To improve business model in the future or remain the success model
  7. 7. Business historians oftenwrite books with big issues Most research takes the form of case studies and always qualitative rather than quantitative Business historians works on national framework. As a result literature still place within particular countries.
  8. 8.  Wikipedia Collins dictionary Historical Knowledge in Business, Dr. Peter Cullen nowing-business-history-is-as-important/