Is neoclassical economics still entrepreneurless?

Kyklos

Volumn 58, Issue 3, 2005, Pages 353-377

  Bianchi, Milo ^a   Henrekson, Magnus ^a  

^a STOCKHOLM SCHOOL OF ECONOMICS   (Sweden)

Author keywords

[No Author keywords available]

Indexed keywords

ENTREPRENEUR; MODELING; NEOCLASSICAL THEORY;

EID: 21544445313     PISSN: 00235962     EISSN: 14676435     Source Type: Journal    
DOI: 10.1111/j.0023-5962.2005.00292.x     Document Type: Review

References (86)

1. Acemoglu, Daron, Simon Johnson and James Robinson (2004). Institutions as the Fundamental Cause of Long-run Growth, NBER Working Paper 10481.
2. Acemoglu, Daron, Philippe Aghion and Fabrizio Zilibotti (2005). Distance to Frontier, Selection and Growth, Journal of the European Economic Association. Forthcoming.
3. Ackerberg, Daniel and Maristella Botticini (2002). Endogenous Matching and the Empirical Determinants of Contract Form, Journal of Political Economy. 110(3): 564-591.
4. Acs, Zoltan J. (ed.) (1999). Are Small Firms Important? Their Role and Impact. Dordrecht: Kluwer.
5. Acs, Zoltan J. and David B. Audretsch (1988). Innovation in Large and Small Firms: An Empirical Analysis, American Economic Review. 78(4): 678-690.
6. Acs, Zoltan J. and David B. Audretsch (eds.) (2003). Handbook of Entrepreneurship Research. Dordrecht: Kluwer.
7. Acs, Zoltan J., David B. Audretsch, Pontus Braunerhjelm and Bo Carlsson (2004). The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth, Centre for Economic Policy Research, Discussion Paper No. 4783.
8. Aghion, Philippe and Peter Howitt (1992). A Model of Growth through Creative Destruction, Econometrica. 60(2): 323-351.
9. Aspromourgos, Tony (1987). Neoclassical, in: The New Palgrave Dictionary of Economics. London: MacMillan.
10. Audretsch, David B. (1995). Innovation and Industry Evolution. Cambridge, MA: MIT Press.
11. Audretsch, David B. and A. Roy Thurik (2000). Capitalism and Democracy in the 21st Century: From the Managed to the Entrepreneurial Economy, Journal of Evolutionary Economics. 10(1): 17-34.
12. Aumann, Robert J. (1966). Existence of Competitive Equilibria in Markets with a Continuum of Traders, Econometrica. 34(1): 1-17.
13. Barreto, Humberto (1989). The Entrepreneur in Micro-Economic Theory: Disappearance and Explanation. London: Routledge.
14. Bates, Timothy M. (1995). Self-Employment Entry Across Industries, Journal of Business Venturing. 10(6): 143-156.
15. Baumol, William J. (1968). Entrepreneurship in Economic Theory, American Economic Review. 58(2): 64-71.
16. Baumol, William J. (1990). Entrepreneurship: Productive, Unproductive and Destructive, Journal of Political Economy. 98(5): 893-921.
17. Baumol, William J.(1993). Entrepreneurship, Management, and the Structure of Payoffs. Cambridge, MA: MIT Press.
18. Baumol, William J. (2002). The Free-Market Innovation Machine - Analyzing the Growth Miracle of Capitalism. Princeton and Oxford: Princeton University Press.
19. Baumol, William J. (2004). Education for Innovation: Entrepreneurial Breakthroughs vs. Corporate Incremental Improvements, NBER Working Paper 10578.
20. Bergström, Fredrik (2000). Capital Subsidies and the Performance of Firms, Small Business Economics. 14(3): 83-93.
21. Bewley, Truman (1986). Knightian Decision Theory: Part I, Decisions in Economics and Finance. 25(2): 79-110.
22. Blanchflower, David G. and Andrew J. Oswald (1998). What Makes an Entrepreneur?, Journal of Labor Economics. 16(1): 26-60.
23. Brown, Charles, James Hamilton and James Medoff (1990). Employers Large and Small. Cambridge, MA: Harvard University Press.
24. Carree, Martin, André van Stel, A. Roy Thurik and Sander Wennekers (2002). Economic Development and Business Ownership: An Analysis Using Data of 23 OECD Countries in the Period 1976-1996, Small Business Economics. 19(3): 271-290.
25. Casson, Mark (1982/2003). The Entrepreneur - An Economic Theory, 2nd ed. Cheltenham, UK: Edwaal Elgar.
26. Colander, David (2000). The Death of Neoclassical Economics, Journal of the History of Economic Thought. 22(2): 127-143.
27. Colander, David (2003). The Complexity Revolution and the Future of Economics, Middlebury College Economics Discussion Paper No. 03-19.
28. Davis, Steven J., John Haltiwanger and Scott Schuh (1996). Job Creation and Destruction. Cambridge, MA: MIT Press.
29. Dinopoulos, Elias and Paul S. Segerstrom (1999). A Schumpeterian Model of Protection and Relative Wages, American Economic Review. 89(3): 450-472.
30. Dunn, Thomas and Douglas Holtz-Eakin (2000). Financial Capital, Human Capital, and the Transition to Self-Employment: Evidence from Intergenerational Links, Journal of Labor Economics. 18(2): 282-305.
31. Evans, David S. and Boyan Jovanovic (1989). An Estimated Model of Entrepreneurial Choice under Liquidity Constraints, Journal of Political Economy. 97(4): 808-827.
32. Evans, David S. and Linda S. Leighton (1989). Some Empirical Aspects of Entrepreneurship, American Economic Review. 79(3): 519-535.
33. Futia, Carl A. (1980). Schumpeterian Competition, Quarterly Journal of Economics. 94(4): 675-695.
34. Grabowski, Henry G. and John M. Vernon (1987). Pioneers, Imitators, and Generics - A Simulation Model of Schumpeterian Competition, Quarterly Journal of Economics. 102(3): 491-526.
35. Grossman, Gene M. and Elhanan Helpman (1994). Endogenous Innovation in the Theory of Growth, The Journal of Economic Perspectives. 8(1): 23-44.
36. Hayek, Friedrich A. (1945). The Use of Knowledge in Society, American Economic Review. 35(4): 21-30.
37. Helpman, Elhanan (1992). Endogenous Macroeconomic Growth Theory, European Economic Review. 36(2): 237-267.
38. Henrekson, Magnus (2004). Comment on David G. Blanchflower: Is More Self-Employment Good or Bad?, Swedish Economic Policy Review. 11(2): 75-87.
39. Henrekson, Magnus and Nathan Rosenberg (2001). Designing Efficient Institutions for Science-Based Entrepreneurship: Lessons from the US and Sweden, Journal of Technology Transfer. 26(3): 207-231.
40. Holmes, Thomas and James A. Schmitz (1990). A Theory of Entrepreneurship and Its Application to the Study of Business Transfers, Journal of Political Economy. 98(2): 265-294.
41. Holmes, Thomas and James A. Schmitz (2001). A Gain from Trade: From Unproductive to Productive Entrepreneurship, Journal of Monetary Economics. 47(3): 417-446.
42. Holtz-Eakin, Douglas, David Joulfaian and Harvey S. Rosen (1994). Sticking it Out: Entrepreneurial Survival and Liquidity Constraints, Journal of Political Economy. 102(1): 53-75.
43. Hurst, Erik and Annamaria Lusardi (2004). Liquidity Constraints, Household Wealth, and Entrepreneurship, Journal of Political Economy. 112(2): 319-347.
44. Ilmakunnas, Pekka and Vesa Kanniainen (2001). Entrepreneurship, Economic Risks, and Risk Insurance in the Welfare State: Results with OECD Data 1978-93, German Economic Review. 2(3): 195-218.
45. Johansson, Dan (2004). Economics without Entrepreneurship or Institutions: A Vocabulary Analysis of Graduate Textbooks, Econ Journal Watch. 3(1): 515-538.
46. Kihlstrom, Richard E. and Jean-Jacques Laffont (1979). A General Equilibrium Entrepreneurial Theory of Firm Formation Based on Risk Aversion, Journal of Political Economy. 87(3): 719-748.
47. Kirchhoff, Bruce A. (1994). Entrepreneurship and Dynamic Capitalism. London: Praeger.
48. Kirzner, Israel M. (1997). Entrepreneurial Discovery and the Competitive Market Process: An Austrian Approach, Journal of Economic Literature. 35(1): 60-85.
49. Knight, Frank H. (1921). Risk, Uncertainty and Profit. New York: Houghton Mifllin.
50. Kreps, David M. (1988). Notes on the Theory of Choice. Boulder, CO: Westview Press.
51. Laussel, Didier and Michel Le Breton (1995). A General Equilibrium Theory of Firm Formation Based on Individual Unobservable Skills, European Economic Review. 39(7): 1303-1319.
52. Lazear, Edward M. (2002). Entrepreneurship, NBER Working Paper No. 9109.
53. Lucas, Robert E. Jr. (1978). On the Size Distribution of Business Firms, Bell Journal of Economics. 9(3): 508-523.
54. Martens, Bart (2004). The Cognitive Mechanics of Economic Development. London: Routledge.
55. Michelacci, Claudio (2003). Low Returns in R&D due to Lack of Entrepreneurial Skills, The Economic Journal. 113: 207-225.
56. Murphy, Kevin M., Andrei Shleifer and Robert Vishny (1991). The Allocation of Talent: Implications for Growth, Quarterly Journal of Economics. 106(2): 503-530.
57. Newman, Andrew (1999). Risk-Bearing, Entrepreneurship and the Theory of Moral Hazard, Mimeo. University College London.
58. Nordhaus, William D. (2004). Schumpeterian Profits in the American Economy: Theory and Measurement, NBER Working Paper No. 10433.
59. Olsson, Ola and Bruno S. Frey (2002). Entrepreneurship as Recombinant Growth, Small Business Economics. 19(1): 69-80.
60. Parker, Simon C. (1996). A Time Series Model of Self-Employment under Uncertainty, Economica. 63: 459-475.
61. Parker, Simon C. (2004). The Economics of Self-employment and Entrepreneurship. Cambridge: Cambridge University Press.
62. Pelikan, Pavel (2004). Interconnecting Evolutionary, Institutional and Cognitive Economics: Six Steps towards Understanding the Six Links, Ratio Working Paper No. 48.
63. van Praag, C. Mirjam and Cramer, J.S. (2001). The Roots of Entrepreneurship and Labour Demand: Individual Ability and Low Risk Aversion, Economica. 68(127): 45-62.
64. Robinson, Peter B. and Edwin A. Sexton (1994). The Effects of Education and Experience on Self-employment Success, Journal of Business Venturing. 9(3): 141-156.
65. Rodrik, Dani, Arvind Subramanian and Francesco Trebbi (2004). Institutions Rule: The Primacy of Institutions over Geography and Integration in Economic Development, Journal of Economic Growth. 9(2): 131-165.
66. Romer, Paul M. (1990). Endogenous Technological Change, Journal of Political Economy, 98(5): 71-102.
67. Rosen, Harvey S. and Paul Willen (2002). Risk, Return and Self-Employment, Mimeo, Princeton and Chicago University.
68. Rosen, Sherwin (1997). Austrian and Neoclassical Economics: Any Gains From Trade?, Journal of Economic Perspectives. 11(4): 139-152.
69. Say, Jean-Baptiste (1845, 1964). A Treatise on Political Economy: Or, the Production, Distribution and Consumption of Wealth. New York: A.M. Kelley.
70. Scherer, Frederic M. (1980). Industrial Market Structure and Economic Performance. Chicago: Rand McNally.
71. Schiffman, D.A. (2004). Mainstream Economics, Heterodoxy and Academic Exclusion: A Review Essay, European Journal of Political Economy. 20(4): 1079-1095.
72. Schultz, Theodore W. (1980). Investment in Entrepreneurial Ability, Scandinavian Journal of Economics. 82(4): 437-448.
73. Schumpeter, Joseph A. (1934). The Theory of Economic Development. Cambridge, MA: Harvard University Press.
74. Schumpeter, Joseph A. (1942). Capitalism, Socialism and Democracy. New York: George Allen & Unwin.
75. Secrieru, Oana and Marianne Vigneault (2004). Public Venture Capital, Occupational Choice, and Entrepreneurship, Topics in Economic Analysis & Policy. 4(1): Article 25.
76. Segerstrom, Paul S., T.C.A. Anant and Elias Dinopoulos (1990). A Schumpeterian Model of the Product Life Cycle, American Economic Review. 80(5): 1077-1091.
77. Sexton, Donald L. and Hans Landstrom (2000). The Blackwell Handbook of Entrepreneurship. Oxford: Blackwell.
78. Shane, Scott (ed.) (2002). The Foundations of Entrepreneurship. Cheltenham, UK: Edward Elgar.
79. Silva, Olmo (2004). Entrepreneurship: Can the Jack-of-All-Trades Attitude be Acquired'?, CEP Discussion Paper 665, London School of Economics and Political Science.
80. Solo, Carol S. (1951). Innovation in the Capitalist Process: A Critique of the Schumpeterian Theory, Quarterly Journal of Economics. 65(3): 417-428.
81. Solow, Robert M. (1997). How Did Economics Get That Way and What Way Did It Get?, Daedalus. 126(1): 39-58.
82. Swedberg, Richard (2000). Entrepreneurship: The Social Science View. Oxford: Oxford University Press.
83. Tirole, Jean (1998). The Theory of Industrial Organization. Cambridge, MA: MIT Press.
84. Wagner, Joachim (2003). Testing Lazear's Jack-of-All-Trades View of Entrepreneurship with German Micro Data, Applied Economics Letters. 10: 687-689.
85. Wennekers, Sander and A. Roy Thurik (1999). Linking Entrepreneurship and Economic Growth, Small Business Economics. 13(1): 27-55.
86. Westhead, Paul and Mike Wright (2000). Advances in Entrepreneurship. Cheltenham, UK: Edward Elgar.