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
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Englisch
- Bibliographic citation
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Series: Tinbergen Institute Discussion Paper ; No. 09-105/3
- Classification
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Wirtschaft
Entrepreneurship
Production and Organizations: General
Human Capital; Skills; Occupational Choice; Labor Productivity
Economic Development: General
- Subject
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Entrepreneurship
theory of the firm
organizations
economic development
Entrepreneurship-Ansatz
Unternehmensgründung
Unternehmensorganisation
Transaktionskosten
Theorie der Unternehmung
- Event
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Geistige Schöpfung
- (who)
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Koellinger, Philipp
Roessler, Christian
- Event
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Veröffentlichung
- (who)
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Tinbergen Institute
- (where)
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Amsterdam and Rotterdam
- (when)
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2009
- Handle
- Last update
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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