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dc.contributor.authorBianchi, Miloen
dc.contributor.authorHenrekson, Magnusen
dc.date.accessioned2012-03-28T13:10:21Z-
dc.date.available2012-03-28T13:10:21Z-
dc.date.issued2005-
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
dc.language.isoengen
dc.publisher|aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholmen
dc.relation.ispartofseries|aSSE/EFI Working Paper Series in Economics and Finance |x584en
dc.subject.jelB41en
dc.subject.jelD81en
dc.subject.jelJ23en
dc.subject.jelL23en
dc.subject.jelM13en
dc.subject.jelO31en
dc.subject.ddc330en
dc.subject.keywordEntrepreneurial Choiceen
dc.subject.keywordEntrepreneurshipen
dc.subject.keywordInnovationen
dc.subject.keywordNeoclassical Modelingen
dc.subject.keywordUncertaintyen
dc.subject.stwEntrepreneurship-Ansatzen
dc.subject.stwNeoklassiken
dc.subject.stwTheorieen
dc.titleIs neoclassical economics still entrepreneurless?-
dc.typeWorking Paperen
dc.identifier.ppn47907044Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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