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From the perspective of mainstream economics,this analysis examines the relationship between entrepreneurship and economiesof scale and scope. Of six roles of entrepreneurs, the essay concentrates onactivities as coordinators and innovators. As coordinators, entrepreneursoperate in firms to...
Persistent link: https://www.econbiz.de/10014201745
To exploit the economies of scale and scope in multi-product technologies, enterprises in advanced capitalist countries grew in the last 150 years in three directions. By substituting in the place of traditional entrepreneurs professional managers, they developed organisational capabili-ties to...
Persistent link: https://www.econbiz.de/10005413293
Our objective here is to establish the proposition that creative entrepreneurship gives rise to a market order which is optimally adjusted to facilitate the introduction and the diffusion of innovations, particularly those that take the form of new markets, new organizational schemes, new...
Persistent link: https://www.econbiz.de/10005619882
Our objectives in this paper are threefold. First, we identify the nature of entrepreneurial climate in ancient Athens. Drawing on the analyses of Athenian writers we argue that, although philosophers, politicians, and generals enjoyed greater civil and social status relative to those pursuing...
Persistent link: https://www.econbiz.de/10005561051