The Allocation of Limited Entrepreneurial Attention examines the implications of allocating limited entrepreneurial attention among activities or projects. This book maintains that attention is simultaneously limited in that a decision maker can pay attention to only one thing at a time, and entrepreneurial in that it may be allocated to evaluating a potential new project for possible adoption. However, since the outcome of the allocation of attention is not certain, the number of projects among which attention can be allocated is stochastic and the maximum number of projects is endogenously determined by the optimal allocation of limited entrepreneurial attention and describes the implications of this analysis for a number of economic problems.

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`... it is a breakthrough in showing how the techniques of optimality analysis can be applied ... recommending unequivocally that anyone interested in the theory of the firm, or economic growth or the role of the entrepreneur read this valuable book. It offers important new insights, provides useful analytic tools and contributes materially to our understanding this important subject.'
Small Business Economics, 14 (2000)

Authors and Affiliations

Rutgers University, USA

Sharon Gifford

Bibliographic Information

Book Title: The Allocation of Limited Entrepreneurial Attention
Authors: Sharon Gifford
DOI: https://doi.org/10.1007/978-1-4615-5605-3
Publisher: Springer New York, NY
eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media New York 1998
Hardcover ISBN: 978-0-7923-8339-0Published: 31 October 1998
Softcover ISBN: 978-1-4613-7564-7Published: 04 October 2012
eBook ISBN: 978-1-4615-5605-3Published: 06 December 2012
Edition Number: 1
Number of Pages: IX, 163
Topics: Entrepreneurship, Management, Industrial Organization, Labor Economics, Microeconomics

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Table of contents (10 chapters)

Front Matter

Back Matter

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