Cambridge University PressISBN: 0521828139
© Simon C. Parker, 2004
Book Description,
Entrepreneurship is a subject that is commonly taught and researched in business schools, but seldom if at all in economics departments. Consequently, most books on entrepreneurship tend to be written from a business and management perspective.
Such books often downplay, or ignore altogether, the contribution of modern economics to our understanding of the subject. Indeed, it is common to find them referring to ‘the contribution of economics’ mainly in terms of the treatises of Frank Knight and Josef Schumpeter – works that were published more than half a century ago! Of modern economics, there is little mention, apart from the occasional disparaging remark that competitive general equilibriumtheory leaves little or no room for the entrepreneur, so modern economicshas little to offer the study of the subject.
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Entrepreneurship is a subject that is commonly taught and researched in business schools, but seldom if at all in economics departments. Consequently, most books on entrepreneurship tend to be written from a business and management perspective.
Such books often downplay, or ignore altogether, the contribution of modern economics to our understanding of the subject. Indeed, it is common to find them referring to ‘the contribution of economics’ mainly in terms of the treatises of Frank Knight and Josef Schumpeter – works that were published more than half a century ago! Of modern economics, there is little mention, apart from the occasional disparaging remark that competitive general equilibriumtheory leaves little or no room for the entrepreneur, so modern economicshas little to offer the study of the subject.
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