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A Theory of Destructive Entrepreneurship

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Author Info
Sameeksha Desai () (Max Planck Institute of Economics and George Mason University)
Zoltan J. Acs () (George Mason University and Max Planck Institute of Economics)

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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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Publisher Info
Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek in its series Jena Economic Research Papers in Economics 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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Web page: http://www.jenecon.de

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

Find related papers by JEL classification:
O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
P00 - Economic Systems - - General - - - General

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  1. Douhan, Robin & Henrekson, Magnus, 2008. "Entrepreneurship and Second-best Institutions: Going Beyond Baumol’s Typology," Working Paper Series 766, Research Institute of Industrial Economics, revised 27 Aug 2009. [Downloadable!]
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This page was last updated on 2009-11-18.


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