| The
Contracting and
Organizations Research Institute is an interdisciplinary research
institute dedicated to the study of the organization and structure of
economic enterprise and of the effects of legal, political, social, and
economic institutions on the structure and performance of economic
organizations. CORI was founded to encourage and enable empirical
research on contracting and organizational structure, drawing on such
fields as economics, law, business, and related social sciences. |
| CORI NEWS &
RESEARCH UPDATES |
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| Klein Paper on Entrepreneurship Tops the Charts |
| CORI Associate Director Peter Klein's paper titled Opportunity discovery, entrepreneurial action, and economic organization was the most read paper in 2009 in the Strategic Entrepreneurship Journal. In the paper, Peter reviews and critiques the opportunity discovery approach to entrepreneurship and argues that entrepreneurship can be more thoroughly grounded, and more closely linked to more general problems of economic organization by adopting the Cantillon-Knight-Mises understanding of entrepreneurship as judgment. |
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| CORI Senior Fellow on U.S. Bankruptcy Surge |
| CORI Senior Faculty Fellow and co-founder Robert Lawless (University of Illinois School of Law) is quoted in this AP story on the recent surge in U.S. bankruptcy filings, despite recent legislation meant to make filing bankruptcy more difficult. |
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| Access Options for Academic Users! |
| Academic research often requires large samples of contracts for thorough analysis. Downloading all the individual contracts of interest can take a great deal of time. Academic users with a well-defined search query may request a free batch download of their search results. Email
for information on batch download opportunities. |
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| NEW PUBLICATIONS |
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| Do Income Support Programs Impact Producer Hedging Decisions? Evidence from a Cross-Country Comparative |
Andrea E. Woolverton and Michael E. Sykuta
Review of Agricultural Economics 31(4):834-852 (Winter 2009)
In this
paper, former CORI Doctoral Fellow Andrea Woolverton and CORI Director Michael Sykuta provide a unique perspective to why U.S. producers' hedging practices are not consistent with the price-risk management literature. They conduct a formal test of income support program impacts with survey data from South Africa and the United States, which have different producer income support policies. They find that producing in a supported environment (U.S.) decreases hedging for preplanting and preharvest expected yields by 30.39% and 20.03%, respectively. This study raises issues for further inquiry regarding both comparative agricultural lending practices and the relative costs of price-risk management tools. |
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| NEW
WORKING PAPERS |
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| A Primer on Collective Entrepreneurship: A Preliminary Taxonomy |
| CORI Senior Fellow Michael Cook and CORI Fellow Molly Burress document an increasing prevalence of the term "collective entrepreneurship" in scholarly research. By examining the context in which the term is utilized, they present a framework through which to understand motivations for research in collective entrepreneurship and the variety of entrepreneurial endeavors described as collective entrepreneurship. The authors identify five primary motivations for research: advancement of theory, intra-organizational efficiency, inter-organizational gains, economic growth and development, and socio-political change. They find preliminary evidence that collective entrepreneurs may be able to generate rents inaccessible to the sole entrepreneur. In addition, the authors propose mechanisms which foster entrepreneurship may differ for sole and collective entrepreneurs. |
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| Last Update: April 14, 2009 |
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University
of Missouri Columbia