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http://hdl.handle.net/10419/56326
  

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dc.contributor.authorBianchi, Miloen_US
dc.contributor.authorHenrekson, Magnusen_US
dc.date.accessioned2012-03-28T13:10:21Z-
dc.date.available2012-03-28T13:10:21Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/56326-
dc.description.abstractWe review and evaluate some recent contributions on the modeling of entrepreneurship within a neoclassical framework, analyzing how and to what extent the fundamental ingredients suggested in the social science literature were captured. We show how these approaches are important in stressing the main elements of a complex picture without being able to completely describe it. However, each modeling attempt focuses only on one specific feature of entrepreneurship. The entrepreneurial function broadly perceived eludes analytical tractability. As a consequence, the models can be useful in analyzing the effect of entrepreneurial behavior at an aggregate level, but not at explaining individual choices. From these observations we highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of leading to distortionary policy interventions.en_US
dc.language.isoengen_US
dc.publisherEkonomiska Forskningsinst. Stockholmen_US
dc.relation.ispartofseriesSSE/EFI Working Paper Series in Economics and Finance 584en_US
dc.subject.jelB41en_US
dc.subject.jelD81en_US
dc.subject.jelJ23en_US
dc.subject.jelL23en_US
dc.subject.jelM13en_US
dc.subject.jelO31en_US
dc.subject.ddc330en_US
dc.subject.keywordEntrepreneurial Choiceen_US
dc.subject.keywordEntrepreneurshipen_US
dc.subject.keywordInnovationen_US
dc.subject.keywordNeoclassical Modelingen_US
dc.subject.keywordUncertaintyen_US
dc.subject.stwEntrepreneurship-Ansatzen_US
dc.subject.stwNeoklassiken_US
dc.subject.stwTheorieen_US
dc.titleIs neoclassical economics still entrepreneurless?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn47907044Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:SSE/EFI Working Paper Series in Economics and Finance, EFI - The Economic Research Institute, Stockholm School of Economics

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