Entrepreneurship and Dynamic Capitalism
The Economics of Business Firm Formation and Growth
Entrepreneurship and Dynamic Capitalism
The Economics of Business Firm Formation and Growth
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Description
Kirchhoff blends economics, business, and governemnt policy to demonstrate that entrepreneurship's role in business formation and growth energizes and maintains the viability of capitalism. Entrepreneurs convert new ideas into marketable products and services and use these to grab market shares from older, established firms. This process not only produces economic growth, but also redistributes resources so as to assure equitable distribution within society. Acknowledging that this perception is descriptive but lacks predictive power, Kirchhoff offers a typology to assist in predictive theory building and to guide government policy development.
Table of Contents
Dynamic Capitalism's Conflict with General Equilibrium Economics
Schumpeter's Theory of Creative Destruction
The Dynamic Capitalism Typology
Data Systems to Support Dynamic Capitalism
Data Foundations for Measuring Firm Dynamics
Evidence of Dynamic Capitalism in the U.S. Economy
Entrepreneurial Success: New Firm Survival
Measuring New Firm Formation and Economic Growth
The Future of Dynamic Capitalism
References
Index
Product details
| Published | Dec 30 1993 |
|---|---|
| Format | Hardback |
| Edition | 1st |
| Extent | 240 |
| ISBN | 9780275937577 |
| Imprint | Praeger |
| Dimensions | 9 x 6 inches |
| Series | Praeger Studies in American Industry |
| Publisher | Bloomsbury Publishing |
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