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Entrepreneurship and Rent-Seeking Behavior

  • Marcus Dejardin

    ()

    (CERPE, Department of economics, University of Namur-FUNDP)

In this chapter, we propose a primer of the treatment that has received in the economic literature the problematic of entrepreneurship and rent-seeking behavior. It comprises the introduction of employed concepts, the discussion of the allocation of entrepreneurs between different types of economic projects, namely between innovative entrepreneurship and rent-seeking, as well as the explicative factors of the allocation. Interactions between entrepreneurship, rent-seeking and growth are considered (also for a reference situation departing from the first best). Some policy implications are finally briefly evoked.

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File URL: http://www.fundp.ac.be/eco/economie/recherche/wpseries/wp/1112.pdf
File Function: First version, 2011
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Paper provided by University of Namur, Department of Economics in its series Working Papers with number 1112.

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Length: 9 pages
Date of creation: Jan 2011
Date of revision:
Handle: RePEc:nam:wpaper:1112
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  1. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
  2. Halvor Mehlum & Kalle Moene & Ragnar Torvik, 2003. "Destructive Creativity," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 29, pages 77-84.
  3. Mehlum,H. & Moene,K. & Torvik,R., 2000. "Predator or prey? : parasitic enterprises in economic development," Memorandum 27/2000, Oslo University, Department of Economics.
  4. Halvor Mehlum & Karl Moene & Ragnar Torvik, 2002. "Institutions and the resource curse," GE, Growth, Math methods 0210004, EconWPA.
  5. Andrei A. Levchenko & Quý Toà n Ão, 2006. "Trade, Inequality, and the Political Economy of Institutions," IMF Working Papers 06/56, International Monetary Fund.
  6. Mohtadi, Hamid & Roe, Terry L., 2001. "Democracy, Rent Seeking, Public Spending And Growth," Bulletins 12981, University of Minnesota, Economic Development Center.
  7. Gradstein, Mark, 2002. "Governance and Growth," CEPR Discussion Papers 3270, C.E.P.R. Discussion Papers.
  8. Perroni, Carlo & Proto, Eugenio, 2010. "Entrepreneurial drain under moral hazard: A high-yield sector curse?," Journal of Development Economics, Elsevier, vol. 93(1), pages 63-70, September.
  9. Douhan, Robin & Henrekson, Magnus, 2008. "Productive and Destructive Entrepreneurship in a Political Economy Framework," Working Paper Series 761, Research Institute of Industrial Economics.
  10. Douhan, Robin & Henrekson, Magnus, 2007. "The Political Economy of Entrepreneurship: An Introduction," Working Paper Series 688, Research Institute of Industrial Economics.
  11. Torvik, Ragnar, 2002. "Natural resources, rent seeking and welfare," Journal of Development Economics, Elsevier, vol. 67(2), pages 455-470, April.
  12. Azam Chaudhry & Phillip Garner, 2007. "Do Governments Suppress Growth? Institutions, Rent-Seeking, And Innovation Blocking In A Model Of Schumpeterian Growth," Economics and Politics, Wiley Blackwell, vol. 19(1), pages 35-52, 03.
  13. Baland, Jean-Marie & Francois, Patrick, 2000. "Rent-seeking and resource booms," Journal of Development Economics, Elsevier, vol. 61(2), pages 527-542, April.
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