The Role of Resources and Capabilities
The Successful Transgenerational Entrepreneurship Practices series
Chapter 9: Reputation for what? Different types of reputation and their effect on portfolio entrepreneurship activities
In 1932, Ryan Smith Senior began his working life at the age of 16 in partnership with his brother delivering coal, sand and gravel in Dublin city, Ireland. From these humble beginnings emerged Tarastone Limited, which quarried and supplied stones to the construction industry. By 1961, Tarastone had expanded overseas and its success continued through its merger with Infrastructure Development Limited in 1970 to form Infrastructure Development Holdings (IDH) plc. Frustrated by the restrictions of a large public company, Ryan resigned his position as chief executive officer (CEO) of IDH in 1974. In 1978, Ryan Smith Senior started MLS. The first infrastructure project of this company was the construction of the South Link Bridge across the River Liffey, linking north and south Dublin. This project was developed and built in conjunction with the Irish government as a public–private partnership (PPP).
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