The Economics of Entrepreneurship presents a “shop window” of what one can achieve if one uses economics to study entrepreneurship. The author provides an overview of both the foundations of the Economics of Entrepreneurship — the theoretical underpinnings and empirical regularities uncovered by previous research — and possible future trends of research by proposing topics of enquiry that extend the boundaries of what we currently know.

Economics brings a large set of versatile and powerful theories and methods to the study of entrepreneurship. They are usually but not always quantitative, are often based on models of optimising behaviour under uncertainty, and utilise empirical approaches founded on the econometric analysis of large and representative data samples. The Economics of Entrepreneurship provides details of the salient theoretical and empirical approaches that have been applied to entrepreneurship. These details are provided in a deliberately non-technical way in order to make the book as accessible to as wide an audience as possible. References are given to more detailed technical treatments of the issues which the interested reader can pursue if they wish.

Published by Now Publishers and marketed by World Scientific

Contents:

• Introduction
• The Kinds of Questions Asked
• Canonical Models in the Economics of Entrepreneurship
• What We “Know”
• Topics for Further Research: What We Don’t Know
• Bibliography