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The Entrepreneur in Microeconomic Theory: Disappearance and Explanaition

The Entrepreneur in Microeconomic Theory: Disappearance and Explanaition

Paperback

Business GeneralEconomics

ISBN10: 0415441498
ISBN13: 9780415441490
Publisher: Routledge
Published: Jun 8 2007
Pages: 172
Weight: 0.39
Height: 0.37 Width: 5.00 Depth: 8.00
Language: English

Throughout the history of economic thought, the entrepreneur a wide variety of roles. Once cast as a fundamental agent in production, distribution and growth theories, he has now surprisingly disappeared from economic theory.

This volume accounts for this disappearance, exploring how and why such a fundamental explanatory variable disappeared from economic theory. Barreto provides a concise review and classification of the many entrepreneurial theories put forward throughout the history of economic thought. The author illustrates that the decline of the entrepreneur in economic theory coincides with the rise of the firm as an organizing principle and considers how the replacement of the human element with a mechanistic one has led to disenchantment with microeconomic theory.

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