IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

The Role of Entrepreneurship in Shaping Legal Evolution

  • Krecké Elisabeth

    (Université d’Aix-Marseille III)

Registered author(s):

    This paper adopts an economic interpretation of the legal process, explaining legal change as the outcome of the complex interplay of entrepreneurial forces operating inside (through the actions of legislators, judges, lawyers), as well as outside the legal system (in the marketplace). The question of concern is whether the concept of entrepreneur as elaborated by Kirzner in a theory of the market process can be extended to understand the legal process as well. The focus on the alertness of legal decision-makers, their capacity to learn from experience and the multitude of legal and nonlegal (in particular economic) sources they are referring to, seems to provide a possible methodology for an economic approach to law that avoids the exaggerated belief in the objectivity, determinacy and cogency of legal reasoning typical for mainstream law-and-economics, and at the same time the opposite exaggeration of law’s radical subjectivity and indeterminacy characterizing most of contemporary critical legal literature.Cet article adopte une interprétation économique du processus juridique en expliquant l’évolution du droit comme le résultat de l’interaction complexe de forces entrepreneuriales opérant à l’ intérieur (par le biais des législateurs, juges, avocats) et à l’extérieur du système juridique (à travers le marché). Il s’agit de montrer que le concept d’entrepreneur élaboré par Kirzner pour expliquer le fonctionnement du processus de marché peut offrir une méthodologie également pour comprendre les processus de production du droit. En mettant l’accent sur la vigilance des décideurs, leur capacité d’apprendre par l’expérience, ainsi que la multitude des sources juridiques et extrajuridiques (notamment économiques) auxquelles ils se réfèrent, une approche économique du droit qui renvoie à cette théorie de l’entrepreneur, peut éviter d’un côté l’hypothèse irréaliste d’omniscience de l’autorité juridique qui sous-tend l’analyse économique traditionnelle du droit et de l’autre côté, l’hypothèse opposée non moins exagérée de la subjectivité et de l’indétermination radicales de l’évolution juridique qui caractérise une partie dominante de la littérature juridique critique contemporaine.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by De Gruyter in its journal Journal des Economistes et des Etudes Humaines.

    Volume (Year): 12 (2002)
    Issue (Month): 2 (June)
    Pages: 1-18

    in new window

    Handle: RePEc:bpj:jeehcn:v:12:y:2002:i:2:n:5
    Contact details of provider: Web page:

    Order Information: Web:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:bpj:jeehcn:v:12:y:2002:i:2:n:5. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.