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Entrepreneurial Instinct: Keynes vs. Schumpeter

In: Humane Entrepreneurship Creating a New Economy, Venture by Venture

Author

Listed:
  • Craig S. Galbraith
  • Curt H. Stiles

Abstract

The entrepreneur is always with us because the role is natural to human beings. Entrepreneurial behavior is a component of the human personality. Every person is an entrepreneur at heart, even though not all people are equally active and aggressive at it. Some people may feel more comfortable with the risks, and some people are more successful at it, their efforts bearing more fruit than the efforts of others. The acts of the entrepreneur are common to all people. Entrepreneurship, the acts of the entrepreneur, is natural to human society and therefore an ever-present component of human society. In addressing the entrepreneur as a person and entrepreneurship as interpersonal behavior, the emphasis is placed on the word natural…

Suggested Citation

  • Craig S. Galbraith & Curt H. Stiles, 2023. "Entrepreneurial Instinct: Keynes vs. Schumpeter," World Scientific Book Chapters, in: Humane Entrepreneurship Creating a New Economy, Venture by Venture, chapter 7, pages 67-76, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811271243_0007
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    More about this item

    Keywords

    Humane Entrepreneurship; Humane Economies; Humane Capitalism; History of Entrepreneurship; Entrepreneurship; Humaneness; Economic History; Markets And Morality; Ethical Markets;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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