Description |
xiv, 246 pages : illustrations ; 25 cm |
Series |
Kauffman Foundation series on innovation and entrepreneurship |
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Kauffman Foundation series on innovation and entrepreneurship.
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Contents |
Bringing entrepreneurship and innovation into the theory of value -- Entrepreneurship in economic theory : reasons for its absence and goals for its restoration -- Toward characterization of the innovation industry : the David-Goliath symbiosis -- Entrepreneurship, invention, and pricing : toward static microtheory -- Oligopolistic "Red queen" innovation games, mandatory price discrimination, and markets in innovation -- Optimal innovation spillovers : the growth-distribution trade-off -- Enterprising technology dissemination : toward optimal transfer pricing and the invaluable contribution of "mere imitation" -- The entrepreneur and the beneficial externalities of creative destruction -- Economic warfare as a "Red queen" game : the emergence of productive entrepreneurship -- On the origins of widespread productive entrepreneurship -- The allocation of entrepreneurship does matter -- Mega-enterprising redesign of governing institutions : keystone of dynamic microtheory -- Summing up : yes, the theory of entrepreneurship is on its way |
Summary |
This book provides the framework for introducing entrepreneurship into mainstream microtheory and incorporating the activities of entrepreneurs, inventors, and managers into standard models of the firm. The author distinguishes between the innovative entrepreneur, who comes up with new ideas and puts them into practice, and the replicative entrepreneur, which can be anyone who launches a new business venture, regardless of whether similar ventures already exist. The author puts forward a quasi-formal theoretical analysis of the innovative entrepreneur's influential role in economic life. In doing so, he opens the way to bringing innovative entrepreneurship into the accepted body of mainstream microeconomics, and offers valuable insights that can be used to design more effective policies |
Notes |
Formerly CIP. Uk |
Bibliography |
Includes bibliographical references and index |
Subject |
Entrepreneurship.
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LC no. |
2009047823 |
ISBN |
0691145849 (hardcover : alk. paper) |
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9780691145846 (hardcover : alk. paper) |
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