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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 Economics Research Papers 2007-085, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2007-085
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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, 2017. "A comparative study of net entrepreneurial productivity in developed and post-transition economies," International Entrepreneurship and Management Journal, Springer, vol. 13(3), pages 855-880, September.
    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. Elert, Niklas & Stenkula, Mikael, 2020. "Intrapreneurship: Productive, Unproductive, and Destructive," Working Paper Series 1367, Research Institute of Industrial Economics.
    6. Alexandre Padilla & Nicolás Cachanosky, 2016. "Indirectly productive entrepreneurship," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 5(2), pages 161-175, August.
    7. Magnus Henrekson & Mikael Stenkula, 2022. "William J. Baumol: Innovative Contributor to Entrepreneurship Economics," Research in the History of Economic Thought and Methodology, in: Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neocla, volume 40, pages 107-131, Emerald Group Publishing Limited.
    8. K. S. Sablin & E. S. Kagan & E. S. Chernova, 2020. "Clustering of the Russian coal mining regions: Investment and innovation activity," Journal of New Economy, Ural State University of Economics, vol. 21(1), pages 89-106, March.
    9. Shepherd, Dean A. & Osofero, Moses & Wincent, Joakim, 2022. "A personal adversity model of justifying the costs of entrepreneurial action: The case of oil thieves in the Niger DELTA," Journal of Business Venturing, Elsevier, vol. 37(1).
    10. Estrin, Saul & Korosteleva, Julia & Mickiewicz, Tomasz, 2013. "Which institutions encourage entrepreneurial growth aspirations?," Journal of Business Venturing, Elsevier, vol. 28(4), pages 564-580.
    11. 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 of Labor Economics (IZA).
    12. repec:ekd:006356:6689 is not listed on IDEAS
    13. Estrin, Saul & Mickiewicz, Tomasz & Korosteleva, Julia, 2011. "Which Institutions Encourage Entrepreneurs to Create Larger Firms?," CEPR Discussion Papers 8247, C.E.P.R. Discussion Papers.
    14. 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.
    15. Savoia, Francesco & Bandini, Federica & Bolzani, Daniela & Grassi, Eleonora, 2023. "Quality of institutions and employment dynamics of social enterprises: Evidence from Italian regions," Finance Research Letters, Elsevier, vol. 56(C).
    16. 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.
    17. Trubnikov, Dmitrii, 2021. "What entrepreneurship is really “productive”? An alternative view on Baumol's typology," Journal of Business Venturing Insights, Elsevier, vol. 16(C).
    18. Maksim Belitski & Ana-Maria Grigore & Anca Bratu, 2021. "Political entrepreneurship: entrepreneurship ecosystem perspective," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1973-2004, December.
    19. Muhammad Faraz Riaz & João Leitão & Uwe Cantner, 2022. "Measuring the efficiency of an entrepreneurial ecosystem at municipality level: does institutional transparency play a moderating role?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(1), pages 151-176, March.
    20. Melita Nicotra & Marco Romano & Manlio Giudice & Carmela Elita Schillaci, 2018. "The causal relation between entrepreneurial ecosystem and productive entrepreneurship: a measurement framework," The Journal of Technology Transfer, Springer, vol. 43(3), pages 640-673, June.
    21. repec:gdk:wpaper:45 is not listed on IDEAS
    22. 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).
    23. 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.
    24. Rosa Caiazza & Maksim Belitski & David B. Audretsch, 2020. "From latent to emergent entrepreneurship: the knowledge spillover construction circle," The Journal of Technology Transfer, Springer, vol. 45(3), pages 694-704, June.

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    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;
    All these keywords.

    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 - Political Economy and Comparative Economic Systems - - General - - - General

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