Arbeitspapier

Is More Entrepreneurship better?

We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these well-established dynamics. Our approach focuses on changing incentives to specialize and adapt, in order to access complementarities that arise from diverse abilities and access to wealth. We discuss why the efficient number of entrepreneurs is bounded and changes in the course of economic development.

Language
Englisch

Bibliographic citation
Series: Tinbergen Institute Discussion Paper ; No. 09-105/3

Classification
Wirtschaft
Entrepreneurship
Production and Organizations: General
Human Capital; Skills; Occupational Choice; Labor Productivity
Economic Development: General
Subject
Entrepreneurship
theory of the firm
organizations
economic development
Entrepreneurship-Ansatz
Unternehmensgründung
Unternehmensorganisation
Transaktionskosten
Theorie der Unternehmung

Event
Geistige Schöpfung
(who)
Koellinger, Philipp
Roessler, Christian
Event
Veröffentlichung
(who)
Tinbergen Institute
(where)
Amsterdam and Rotterdam
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Koellinger, Philipp
  • Roessler, Christian
  • Tinbergen Institute

Time of origin

  • 2009

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