The Entrepreneur in Theory and Practice

Abstract

The entrepreneur, in one form or another, has been around a long time in both economic theory and empirical studies of entry. Argues that these traditions have exhibited an over‐concern with the entrepreneur′s function at the expense of the supply of entrepreneurs, an area which has received only sporadic attention in the literature. It is this supply aspect which is critical to economic development and economists should now devote more attention to it.

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