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A.-R.-J. Turgot and the Construction of an Economic Agent called Entrepreneur


  • José M. Menudo

    () (Department of Economics, Universidad Pablo de Olavide)

  • José Mª O’kean

    () (Department of Economics, Universidad Pablo de Olavide)


The entrepreneurial function as just one factor of production is actually being the point of a depth discussion in entrepreneurship research. It could be the cause of some confusion which impeders theoretical developments and it also makes difficult the effectiveness of pro-entrepreneurial programs. The aim of this article is to analyse the origin of this factor of production. For this purpose, we look back to the 18th century in order to analyze Turgot’s works (1727-1781) by means of a new conceptual framework that distinguishes between different productive agents. A series of analytical problems are exposed when the entrepreneurship is linked to a separate economic agent.

Suggested Citation

  • José M. Menudo & José Mª O’kean, 2006. "A.-R.-J. Turgot and the Construction of an Economic Agent called Entrepreneur," Working Papers 06.25, Universidad Pablo de Olavide, Department of Economics.
  • Handle: RePEc:pab:wpaper:06.25

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    References listed on IDEAS

    1. H. Abraham & Z. S. A. Gurzynski*, 1987. "The Entrepreneur as a Non - Factor," South African Journal of Economics, Economic Society of South Africa, vol. 55(2), pages 75-79, June.
    2. Fontaine, Philippe, 1993. "The Capitalist Entrepreneur In Eighteenth-Century Economic Literature," Journal of the History of Economic Thought, Cambridge University Press, vol. 15(01), pages 72-89, March.
    3. Pelletier, G.R., 1990. "L'entrepreneur dans la pensee economique: l'originalite meconnue de Turgot," Cahiers de recherche 90-04, Departement d'Economique de l'École de gestion à l'Université de Sherbrooke.
    4. Schultz, Theodore W, 1980. " Investment in Entrepreneurial Ability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 82(4), pages 437-448.
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    More about this item


    Entrepreneurship; History of economic thought; Turgot; methodology.;

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B11 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Preclassical (Ancient, Medieval, Mercantilist, Physiocratic)
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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