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A Theory of Destructive Entrepreneurship

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  • Sameeksha Desai

    ()
    (Max Planck Institute of Economics and George Mason University)

  • Zoltan J. Acs

    ()
    (George Mason University and Max Planck Institute of Economics)

Abstract

Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete, focusing largely on productive and unproductive entrepreneurship. However, destructive entrepreneurship plays an important role in many, if not most, economies. This paper addresses the conceptual gap in the allocation of entrepreneurship by proposing a theory of destructive entrepreneurship.

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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2007-085.

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Date of creation: 12 Nov 2007
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Handle: RePEc:jrp:jrpwrp:2007-085

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Keywords: destructive entrepreneurship; allocation of entrepreneurship; rent-seeking; rent-destroying; incentives; institutions; property rights; contractual enforcement; conflict; social capital; trust; ethnic capital;

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Cited by:
  1. Zoltan Acs & Mary Boardman & Connie McNeely, 2013. "The social value of productive entrepreneurship," Small Business Economics, Springer, Springer, vol. 40(3), pages 785-796, April.
  2. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2011. "Which Institutions Encourage Entrepreneurs to Create Larger Firms?," CEPR Discussion Papers, C.E.P.R. Discussion Papers 8247, C.E.P.R. Discussion Papers.
  3. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2013. "Which institutions encourage entrepreneurial growth aspirations?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 564-580.
  4. Douhan, Robin & Henrekson, Magnus, 2008. "Entrepreneurship and Second-best Institutions: Going Beyond Baumol’s Typology," Working Paper Series, Research Institute of Industrial Economics 766, Research Institute of Industrial Economics, revised 27 Aug 2009.
  5. Zoltan Acs & Elena Bardasi & Saul Estrin & Jan Svejnar, 2011. "Introduction to special issue of Small Business Economics on female entrepreneurship in developed and developing economies," Small Business Economics, Springer, Springer, vol. 37(4), pages 393-396, November.
  6. Julien Hanoteau & Virginie Vial, 2014. "Institutions, corruption and entrepreneurship: Indonesian evidences," EcoMod2014 6689, EcoMod.

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