Overview
- Compares various economic theories of entrepreneurship
- Considers the political, social, and cultural dimensions of entrepreneurship, theoretically and empirically
- Takes an interdisciplinary approach to entrepreneurship by including contributions from scholars of sociology and economics
Part of the book series: Mercatus Studies in Political and Social Economy (MSPSE)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
What is the significance of entrepreneurship in an economy? Scholars have argued that when the market is viewed as a process of perpetual adjustment to various forces, and not as a set of end-state prices and quantities simply arrived at, the role of the entrepreneur comes to the fore. What then are fruitful ways to conceive of the phenomenon of entrepreneurship? How do entrepreneurs both respond to and shape larger forces in the economy? In what ways can political institutions and government regulation shape the decisions made by entrepreneurs, and their responsiveness to consumers? How does the cultural environment influence the types of opportunities that an entrepreneur will notice and act on? Finally, is entrepreneurial behavior strictly limited to activity we see in the market?
This edited volume—comprised of chapters by scholars and students studying from the disciplines of sociology and economics—examines entrepreneurship theoretically and applied to various cases. It provides an overview of the economic literature on entrepreneurship and puts forth a framework for understanding the market process, as well the policy implications of government intervention and cultural considerations in the market. It will be of use to any scholars, students, practitioners or policymakers interested in entrepreneurship.Editors and Affiliations
About the editors
Arielle John is Senior Research Fellow, Associate Director of Academic and Student Programs, and Senior Fellow for the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center at George Mason University, USA. Prior to joining the Mercatus Center, she was an Assistant Professor of Economics at Beloit College from 2014-2015, and then worked as the advisor to the Minister of Public Administration and Communications in the Government of the Republic of Trinidad and Tobago.
Diana W. Thomas is Associate Professor of Economics at Creighton University’s Heider College of Business, USA. She is also Director of the Institute for Economic Inquiry at Creighton University. She was previously an Assistant Professor of economics at the Jon M. Huntsman School of Business at Utah State University.Bibliographic Information
Book Title: Entrepreneurship and the Market Process
Editors: Arielle John, Diana W. Thomas
Series Title: Mercatus Studies in Political and Social Economy
DOI: https://doi.org/10.1007/978-3-030-42408-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-42407-7Published: 15 December 2020
Softcover ISBN: 978-3-030-42410-7Published: 15 December 2021
eBook ISBN: 978-3-030-42408-4Published: 14 December 2020
Series ISSN: 2946-5656
Series E-ISSN: 2946-5664
Edition Number: 1
Number of Pages: XIII, 206
Number of Illustrations: 11 b/w illustrations, 1 illustrations in colour
Topics: Industries, Entrepreneurship, Microeconomics, Social Choice/Welfare Economics/Public Choice/Political Economy, Industrial Organization