2: Reason andRationality inOrganization Studies: Employee MotivationIntroduction; Reason andtheBenefits ofNon-legal Enforcement ofRules; Defining andDiscriminating Reason andRationality; Relational Trust andDelegatory Relationships; Social Norms asVehicles forTrust-based Relationships; Reason inAction: Empirical Studies ofTrust andDelegatory Relationships; The Virtues andVices ofReason; On Rationality asaCalculative Practice; Defining Rationality; The Value oftheRationality Concept: Algorithm Governance andtheRe-visioning ofRationality
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Inside the"Economic Engine": OnFirm-level Motivation inUniversity SpinoffsVenture Work inLife Science Startups; Passionate Work withColleagues inLife Science Startups; Pursuing Higher Goals inLife Science Ventures; Working inaTeam; Small Employers Are Preferable toBig Companies; Summary andConclusion; References; 4: Interest: TheGoal ofReducing Uncertainty; Introduction; Working inThinly Capitalized Firms: Economic Security andVenture Work; Constructing theConcept ofEconomic Security; The Labor Market andtheIdea ofEmployability
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Reason andRationality: ARejoinderReason andRationality inVenture Labor; Job Crafting andDeeply Meaningful Work; Deeply Meaningful Work andCallings; Summary andConclusion; References; Part II: Empirical Data; 3: Passion: TheMotivation Behind Venture Work; Vignette: OnthePassions andInterests inEconomic Pursuits; Introduction; Venture Work andtheRole ofCompensation andMotivational Factors; The Political Economy ofLife Science: OntheValuation ofBusiness Ventures; Are Venture Capital Investors Successful inPromoting Their Portfolio Companies?
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The Socio-economic Consequences oftheShareholder Primacy OrientationEconomic Concentration; Debt, Debt-financed Welfare, andtheProspect ofEconomic Growth; Everyday Work inMarket Society: TheNew Conditions ofWork; Career andCareer Planning inExternal Labor Markets; Economic, Social, andManagerial Consequences; Professional Work: Contract Work, Freelance Work, andVenture Labor; Occupational Work and"Early Career" Work: Agency Work, Internships, andFree Labor; Professional Work andFree Labor: Differences andSimilarities; Summary andConclusion; References
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SUMMARY OR ABSTRACT
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This book contributes to the ongoing discussion around so-called precarious or venture work, as the proportion of those employed by start-ups and thinly-capitalized firms continues to grow. Filling a gap in literature, the author explores the relationship between venture co-workers and examines how they cope with economic uncertainty, moving away from the previous focus on entrepreneurs and investors. Presenting rich empirical data from several life science start-ups in Sweden, this book illustrates the impact of institutional and regulatory changes in the finance industry, and demonstrates how these effects can ultimately reshape the meaning of employment.