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A Theory of Destructive Entrepreneurship

Author

Listed:
  • 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.

Suggested Citation

  • Sameeksha Desai & Zoltan J. Acs, 2007. "A Theory of Destructive Entrepreneurship," Jena Economic Research Papers 2007-085, Friedrich-Schiller-University Jena.
  • Handle: RePEc:jrp:jrpwrp:2007-085
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    File URL: http://zs.thulb.uni-jena.de/receive/jportal_jparticle_00082392
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    Citations

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    Cited by:

    1. Zoltán J. Ács & Mary C. Boardman & Connie L. McNeely, 2015. "The social value of productive entrepreneurship," Chapters,in: Global Entrepreneurship, Institutions and Incentives, chapter 3, pages 42-53 Edward Elgar Publishing.
    2. Robin Douhan & Magnus Henrekson, 2010. "Entrepreneurship and second-best institutions: going beyond Baumol’s typology," Journal of Evolutionary Economics, Springer, vol. 20(4), pages 629-643, August.
    3. Djula Borozan & Josip Arneric & Ilija Coric, 0. "A comparative study of net entrepreneurial productivity in developed and post-transition economies," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-26.
    4. José Neves Cruz, 2013. "Is white-collar crime a form of entrepreneurship?," OBEGEF Working Papers 022, OBEGEF - Observatório de Economia e Gestão de Fraude;OBEGEF Working Papers on Fraud and Corruption.
    5. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2013. "Which institutions encourage entrepreneurial growth aspirations?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 564-580.
    6. repec:spr:intemj:v:13:y:2017:i:3:d:10.1007_s11365-016-0427-2 is not listed on IDEAS
    7. Acs, Zoltan J. & Estrin, Saul & Mickiewicz, Tomasz & Szerb, László, 2014. "The Continued Search for the Solow Residual: The Role of National Entrepreneurial Ecosystem," IZA Discussion Papers 8652, Institute for the Study of Labor (IZA).
    8. repec:ekd:006356:6689 is not listed on IDEAS
    9. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2011. "Which Institutions Encourage Entrepreneurs to Create Larger Firms?," CEPR Discussion Papers 8247, C.E.P.R. Discussion Papers.
    10. Bianca Avram Ph. D Student & Prof. Stelian Brad Ph. D, 2015. "How Does Corruption Influence The Entrepreneurial Enviroment In Romania ?," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(25), pages 29-38, NOVEMBER.
    11. Christos Kalantaridis, 2014. "Institutional change in the Schumpeterian--Baumolian construct: power, contestability and evolving entrepreneurial interests," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 26(1-2), pages 1-22, April.
    12. Julita E. Wasilczuk & Katarzyna Stankiewicz, 2017. "Unproductive Entrepreneurship - The Case Of The Polish Economy," GUT FME Working Paper Series A 45, Faculty of Management and Economics, Gdansk University of Technology.
    13. Tubadji, Annie & Nijkamp, Peter & Santarelli, Enrico, 2017. "Shacklean Uncertainty and Cultural Embeddedness as Innovation Constraints in the UK," GLO Discussion Paper Series 111, Global Labor Organization (GLO).
    14. 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, vol. 37(4), pages 393-396, November.

    More about this item

    Keywords

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

    JEL classification:

    • O17 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • P00 - Economic Systems - - General - - - General

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