Arbeitspapier

Institutional Entrepreneurship: An Introduction

In this introductory chapter to a collective volume,* we build on Baumol’s (1990) framework to categorize, catalog, and classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel entrepreneurial supply into productive or unproductive activities, which likely accounts for a great deal of the disparate economic development of nations. What’s more, entrepreneurship is not only influenced by institutions—entrepreneurs often shape institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the foundations of prevailing institutions. Entrepreneurs also have the opportunity to evade institutions, which tends to undermine the effectiveness of the institutions in question, or cause them to change for the better. Lastly, entrepreneurs can directly alter institutions through innovative political entrepreneurship. Similar to business entrepreneurship, innovative political activity can be either productive or unproductive, depending on the entrepreneurs’ incentives.

Sprache
Englisch

Erschienen in
Series: IFN Working Paper ; No. 853

Klassifikation
Wirtschaft
Fiscal Policies and Behavior of Economic Agents: Firm
Regulation and Industrial Policy: General
New Firms; Startups
Innovation and Invention: Processes and Incentives
Capitalist Systems: Property Rights
Thema
Entrepreneurship
Innovation
Institutions
Property rights
Regulation
Self-employment
Entrepreneurship-Ansatz
Institutionelle Infrastruktur
Innovation
Immaterialgüterrechte
Regulierung
Selbstständige

Ereignis
Geistige Schöpfung
(wer)
Henrekson, Magnus
Sanandaji, Tino
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2010

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Henrekson, Magnus
  • Sanandaji, Tino
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2010

Ähnliche Objekte (12)