Baumol The Microtheory of Innovative Entrepreneurship

Course Book
ISBN: 978-1-4008-3522-5
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, Band 8, 264 Seiten

Reihe: The Kauffman Foundation Series on Innovation and Entrepreneurship

No detailed description available for "The Microtheory of Innovative Entrepreneurship".

Autoren/Hrsg.

Baumol, William J.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Mikroökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Betriebswirtschaft Management Unternehmensführung

Inhaltsverzeichnis

List of Figures and Tables ix

PREFACE: The Innovative Entrepreneur in Dynamic Microtheory xi

INTRODUCTION: Bringing Entrepreneurship and Innovation into the Theory of Value 1

CHAPTER 1: Entrepreneurship in Economic Theory: Reasons for Its Absence and Goals for Its Restoration 9

PART I: Pricing, Remuneration, and Allocation of the Agents of Innovation

CHAPTER 2: Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis 25

CHAPTER 3: Entrepreneurship, Invention, and Pricing: Toward Static Microtheory 36

CHAPTER 4: Oligopolistic "Red Queen" Innovation Games, Mandatory Price Discrimination, and Markets in Innovation 57

PART II: Welfare Theory: Technology Transfer, Imitation, and Creative Destruction

CHAPTER 5: Optimal Innovation Spillovers: The Growth-Distribution Trade-off 77

CHAPTER 6: Enterprising Technology Dissemination: Toward Optimal Transfer Pricing and the Invaluable Contribution of "Mere Imitation" 101

CHAPTER 7: The Entrepreneur and the Beneficial Externalities of Creative Destruction 128

PART III: Institutions, Payoffs, and the Entrepreneur's Choice of Activity: Historical Origins

CHAPTER 8: Economic Warfare as a "Red Queen" Game: The Emergence of Productive Entrepreneurship 139

CHAPTER 9: On the Origins of Widespread Productive Entrepreneurship 152

CHAPTER 10: The Allocation of Entrepreneurship Does Matter 165

CHAPTER 11: Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory 172

CHAPTER 12: Summing Up: Yes, the Theory of Entrepreneurship Is on Its Way 188

Notes 197

References 225

Index 237

Über Autor(innen)

William J. Baumol is professor of economics and academic director of the Berkley Center for Entrepreneurial Studies at New York University. His many books include The Free-Market Innovation Machine: Analyzing the Growth Miracle of Capitalism and The Invention of Enterprise: Entrepreneurship from Ancient Mesopotamia to Modern Times (both Princeton).