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Entrepreneurial Economies

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  • Randall G. Holcombe

    (Department of Economics, Florida State University, Tallahassee, FL 32306, USA)

Abstract

The study of entrepreneurship often focuses on the activities of the entrepreneur. While entrepreneurship is undertaken by individuals, the degree to which individuals are entrepreneurial, and the directions in which their entrepreneurial actions take, are the result of the institutional environment. Some economies are more entrepreneurial than others. After discussing the institutional factors that encourage entrepreneurship, the ways in which economic models depict the economy are discussed, pointing toward the different policy conclusions regarding entrepreneurship that emanate from different assumptions in economic conditions.

Suggested Citation

  • Randall G. Holcombe, 2021. "Entrepreneurial Economies," Economies, MDPI, vol. 9(3), pages 1-12, September.
  • Handle: RePEc:gam:jecomi:v:9:y:2021:i:3:p:123-:d:627136
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    References listed on IDEAS

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    1. Entrepreneurial Economies
      by Randall G. Holcombe in The Beacon on 2021-09-10 23:33:35

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    Cited by:

    1. Núñez, Yilsy M. & Morales-Alonso, Gustavo, 2024. "Longitudinal study of necessity- and opportunity-based entrepreneurship upon COVID lockdowns - The importance of misery and economic freedom indexes," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    2. Victor I. Espinosa & Miguel A. Alonso Neira & Jesús Huerta de Soto, 2021. "Principles of Sustainable Economic Growth and Development: A Call to Action in a Post-COVID-19 World," Sustainability, MDPI, vol. 13(23), pages 1-14, November.

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