Re-Understanding Entrepreneurship: What It Is and Why It Matters

by Weiying Zhang

How do entrepreneurs make decisions in the real world? Why are entrepreneurs absent from mainstream economics? What functions do entrepreneurs play in the market? What type of institutional environment is needed for entrepreneurship to play a role? Neoclassical economics is a market theory without entrepreneurship. This misconception distorts our understanding of how the real market works, leading to a theory of market failure that forms the common...

• Format: Hardcover
• Language: English
• ISBN: 1009453394
• ISBN13: 9781009453394
• Release Date: May 2024
• Publisher: Cambridge University Press
• Length: 377 Pages
• Weight: 1.48 lbs.
• Dimensions: 0.9" x 6.0" x 9.0"