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The Market for Entrepreneurs: The Story of a Failure

Author

Listed:
  • José M. Menudo

    (Department of Economics, Universidad Pablo de Olavide)

  • José Mª O’Kean

    (Department of Economics, Universidad Pablo de Olavide)

Abstract

This work analyses the particular and repeated attempt to introduce the entrepreneur into economic activity through the market for entrepreneurs. We shall examine the few suggestions ? Richard Cantillon, Jean-Baptiste Say, Alfred Marshall and Frank Knight ? that propose it. The analysis of the writings of these authors enables us to draw relevant conclusions from their attempts to develop an economic theory of the entrepreneur from the perspective of the market for entrepreneurs.

Suggested Citation

  • José M. Menudo & José Mª O’Kean, 2014. "The Market for Entrepreneurs: The Story of a Failure," Working Papers 14.09, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:14.09
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    References listed on IDEAS

    as
    1. Lee, Joo-Heon & Venkataraman, S., 2006. "Aspirations, market offerings, and the pursuit of entrepreneurial opportunities," Journal of Business Venturing, Elsevier, vol. 21(1), pages 107-123, January.
    2. Bond, Eric W., 1986. "Entrepreneurial ability, income distribution, and international trade," Journal of International Economics, Elsevier, vol. 20(3-4), pages 343-356, May.
    3. Philippe Steiner, 1997. "La théorie de l’entrepreneur chez Jean-Baptiste Say et la tradition Cantillon-Knight," L'Actualité Economique, Société Canadienne de Science Economique, vol. 73(4), pages 611-627.
    4. Roger E. Backhouse & John Creedy (ed.), 1999. "From Classical Economics to the Theory of the Firm," Books, Edward Elgar Publishing, number 1824, June.
    5. Schultz, Theodore W, 1975. "The Value of the Ability to Deal with Disequilibria," Journal of Economic Literature, American Economic Association, vol. 13(3), pages 827-846, September.
    6. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
    7. Carl P. Kaiser, 1990. "Entrepreneurship and Resource Allocation," Eastern Economic Journal, Eastern Economic Association, vol. 16(1), pages 9-20, Jan-Mar.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training
    • D2 - Microeconomics - - Production and Organizations
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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