Arbeitspapier
Entrepreneurial accessibility, eudaimonic well-being, and inequality
Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only indirectly addresses how entrepreneurship informs individuals' relative well-being. We theorize on the nuanced relationship between entrepreneurship and equality of eudaimonic well-being through the lens of New Institutional Economics. Drawing on theories of human flourishing, we suggest that entrepreneurial action is an underappreciated mechanism by which individuals pursue well-being. Equality of well-being is thus influenced by a society's entrepreneurial accessibility: the freedom of individuals to choose to engage in entrepreneurial action. We present a multilevel framework in which institutional factors enable entrepreneurial action by promoting entrepreneurial accessibility-a factor, that, in turn, affects well-being for individual entrepreneurs as well as societal eudaimonic equality. The ex ante conditions for equality of well-being entail institutions that yield broad entrepreneurial accessibility. Our work highlights the institutional prerequisites for human flourishing in the entrepreneurial society beyond (unequal) economic distributions.
- Language
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Englisch
- Bibliographic citation
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Series: IFN Working Paper ; No. 1410
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Welfare, Well-Being, and Poverty: General
Entrepreneurship
Institutions and Growth
- Subject
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Inequality
Entrepreneurship
Well-being
Institutions
Eudaimonia
- Event
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Geistige Schöpfung
- (who)
-
Boudreaux, Christopher John
Elert, Niklas
Henrekson, Magnus
Lucas, David S.
- Event
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Veröffentlichung
- (who)
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Research Institute of Industrial Economics (IFN)
- (where)
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Stockholm
- (when)
-
2021
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Boudreaux, Christopher John
- Elert, Niklas
- Henrekson, Magnus
- Lucas, David S.
- Research Institute of Industrial Economics (IFN)
Time of origin
- 2021
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