The Economic Benefits and Costs of Entrepreneurship

The Economic Benefits and Costs of Entrepreneurship PDF Author: C. Mirjam van Praag
Publisher: Now Publishers Inc
ISBN: 1601980728
Category : Business & Economics
Languages : en
Pages : 106

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Book Description
The Economic Benefits and Costs of Entrepreneurship examines to what extent recent empirical evidence can collectively and systematically substantiate the claim of the economic benefits of entrepreneurship. The authors review the empirical literature and provide an answer to the question "what is the contribution of entrepreneurs to the economy in comparison to their counterparts?" Using four measures, the authors quantify the economic benefits of entrepreneurs along the following parameters -- employment generation and dynamics, innovation, productivity and growth, and the role of entrepreneurship in increasing individuals' utility levels. The Economic Benefits and Costs of Entrepreneurship is the first review of the primary empirical literature in this area. More precisely, it is the first review of high quality economics and management studies, focusing on various types of contributions that entrepreneurs can make to the economy in terms of quantifiable measures and evaluating the entrepreneurs' performance in these areas relative to their counterparts.

The Economic Benefits and Costs of Entrepreneurship

The Economic Benefits and Costs of Entrepreneurship PDF Author: C. Mirjam van Praag
Publisher: Now Publishers Inc
ISBN: 1601980728
Category : Business & Economics
Languages : en
Pages : 106

Get Book Here

Book Description
The Economic Benefits and Costs of Entrepreneurship examines to what extent recent empirical evidence can collectively and systematically substantiate the claim of the economic benefits of entrepreneurship. The authors review the empirical literature and provide an answer to the question "what is the contribution of entrepreneurs to the economy in comparison to their counterparts?" Using four measures, the authors quantify the economic benefits of entrepreneurs along the following parameters -- employment generation and dynamics, innovation, productivity and growth, and the role of entrepreneurship in increasing individuals' utility levels. The Economic Benefits and Costs of Entrepreneurship is the first review of the primary empirical literature in this area. More precisely, it is the first review of high quality economics and management studies, focusing on various types of contributions that entrepreneurs can make to the economy in terms of quantifiable measures and evaluating the entrepreneurs' performance in these areas relative to their counterparts.

The Economic Benefits and Costs of Entrepreneurship

The Economic Benefits and Costs of Entrepreneurship PDF Author: Mirjam Van Praag
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Entrepreneurship in the U. S. Economy

Entrepreneurship in the U. S. Economy PDF Author: National Council on Economic Education
Publisher: Council for Economic Educat
ISBN: 9781561834860
Category : Education
Languages : en
Pages : 144

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Book Description


Entrepreneurship and Innovation: An Economic Approach

Entrepreneurship and Innovation: An Economic Approach PDF Author: Bruce A. McDaniel
Publisher: Routledge
ISBN: 1317471377
Category : Business & Economics
Languages : en
Pages : 208

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Book Description
This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living. The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control;" the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-run and long-run average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur. Suggested readings are also provided.

The Economics of Business Enterprise

The Economics of Business Enterprise PDF Author: Martin Ricketts
Publisher: Edward Elgar Publishing
ISBN: 1843767414
Category : Business & Economics
Languages : en
Pages : 618

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Book Description
This is a most enlightening book written in a most accessible style, with periodic in-depth treatment of theoretical propositions, using diagrams. Students studying a variety of economics and business related courses could find this book invaluable. David Gray, International Journal of Entrepreneurship and Innovation One of the most exciting developments in economics in recent decades has been the emergence of a coherent framework for understanding why organisations have different structures and attributes. There is no better way of learning about this fascinating literature on incomplete information and transaction costs than Martin Ricketts s accessible and authoritative book. Very highly recommended. J.H. Pencavel, Stanford University, US Martin Ricketts has succeeded in updating his book with the addition of a completely new section on the burning issue of privatisation policy in East and West, along with a very readable exposition of the new micro-foundation of property rights theory. It is a brilliantly lucid introduction into modern institutional economics, exemplified by the theory of the firm the best book of its kind on the market. Rudolf Richter, University of Saarland, Germany To own or not to own? To make or to buy? To franchise or to manage? To contract long or to contract short? To trust or not to trust? To license or not to license? These and other questions are the subject matter of this excellent introduction to the theory of economic organisation. This fully updated edition of Martin Ricketts s 1987 book includes: New developments in the property rights theory of the firm Further extended treatment of co-operative and mutual forms of enterprise Entirely new sections on transactions cost economics and public policy New chapters on the economics of privatisation and the regulation of natural monopoly . In addition, transaction cost, property rights and agency approaches are contrasted, and Austrian and evolutionary criticisms of standard theory are explored. The author applies these theories to a wide range of questions from the choice of piece rates or time rates in contracting to the debate on Anglo-American versus other varieties of capitalism . Public policy in the fields of regulation and privatisation is also considered using the same framework. Non-specialists will find this book to be an accessible introduction to the main theoretical approaches to economic organisation. Students and researchers specialising in the fields of economics and business will find that this third, updated edition of The Economics of Business Enterprise continues to provide stimulating insights suggestive of further research.

Social Costs and Benefits of Business

Social Costs and Benefits of Business PDF Author: Thomas A. Klein
Publisher: Prentice Hall
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
Klein's premise is that management wants to and is able to exert some control over social costs and benefits. He presents a comprehensive review of current thinking on the social performance of business, including new methods of evaluation and control drawn from economics, sociology, psychology, political science, and systems management, and provides brief case studies concerning the relation of business policies to social problems.

Entrepreneurship and Economic Growth

Entrepreneurship and Economic Growth PDF Author: David B. Audretsch
Publisher: Oxford University Press
ISBN: 019029311X
Category : Business & Economics
Languages : en
Pages : 240

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Book Description
By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.

Context Matters

Context Matters PDF Author: Peter J. Boettke
Publisher: Now Publishers Inc
ISBN: 1601982062
Category : Entrepreneurship
Languages : en
Pages : 89

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Book Description
Context Matters: Institutions and Entrepreneurship analyzes the connection between entrepreneurship and institutions. The goal is to provide a discussion of the literature on institutions in economics, develop the argument on the relationship between institutions and entrepreneurship and apply this logic to a variety of entrepreneurial settings - private for-profit, private non-profit and political. In addition to exploring entrepreneurship within several institutional settings, the authors also consider entrepreneurship on institutional arrangements. Context Matters: Institutions and Entrepreneurship develops the notion of institutions and provide insight into what this concept entails. The authors show how institutions matter for entrepreneurship and economic development. This if followed by a consideration of 'social entrepreneurship', 'political entrepreneurship', and the role of 'institutional entrepreneurs' and their impact on the formation and evolution of institutions. The authors end with a discussion of the implications for future research.

Entrepreneurship, Innovation, and Economic Development

Entrepreneurship, Innovation, and Economic Development PDF Author: Adam Szirmai
Publisher: Oxford University Press
ISBN: 0191618829
Category : Business & Economics
Languages : en
Pages :

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Book Description
Entrepreneurship and innovation are two of the most pervasive concepts of our times, yet there are still gaps in our understanding of the interactions between entrepreneurship and innovation, particularly in developing countries. This book is an attempt to fill this gap. It focuses on the entrepreneurship-innovation-development nexus, drawing heavily on empirical evidence from developing countries. Cross-country and individual country experiences cover nations as diverse as Ethiopia, India, Turkey, Vietnam, and also examine lessons from advanced economies such as Finland. Three sets of questions are addressed. What is the impact of entrepreneurship and innovation on growth and development? What determines the innovative performance of entrepreneurs in developing countries? What role does the institutional environment play in shaping the extent and impact of innovative activities? A key message is that entrepreneurial innovation, whether through small firms, large national firms, or multinational firms, is often vibrant in developing countries, but does not always realise its full potential. This is due to institutional constraints, the absence of the appropriate mix of different types of small and large and domestic and foreign firms, and insufficiently developed firm capabilities. The contributions provide a better understanding of the determinants and impacts of innovation in developing countries and the policies and institutions that support or hinder innovation.

Assessing the Benefits and Costs of ITS

Assessing the Benefits and Costs of ITS PDF Author: David Gillen
Publisher: Springer Science & Business Media
ISBN: 1402078749
Category : Business & Economics
Languages : en
Pages : 372

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Book Description
The 17 chapters in this book, which evolved from a conference on measuring the contributions of ITS sponsored by the California Department of Transportation in February 2002, examine the costs and benefits of ITS in an economic and business policy context. Section 1 examines the broad theme of how and what ITS contributes to the economy and how one makes a business case for ITS. Section 2 includes three chapters on ITS applications in mass transit. Section 3 explores ITS applications in the automobile/highway system. Section 4 considers integrative issues including how ITS is perceived and how it can be positioned to improve surface transportation. This volume will be especially useful to researchers and policy makers working in transportation, transportation engineering, and the economic analysis of transportation systems.