000 01544nam a2200205 4500
005 20260418150724.0
020 _a9781009540193
041 _aEnglish
082 _a338.04
_bBYL/E
084 _2Colon Classification
100 _aBylund, Per L.
_913390
245 _aEntrepreneurship and Evolutionary Economics
250 _a1
260 _aUK:
_bCambridge University Press,
_c2025.
300 _a61p.
500 _aEntrepreneurship has been expunged from contemporary mainstream economics despite being an important driver and cause of economic development and growth. However, whereas Evolutionary Economics recognizes value-creative entrepreneurship, its role and impact tend to still be understated and the vast implications not fully understood. This Element attempts to remedy this by theorizing on how entrepreneurship impacts and drives market economies, the implications for economic change and renewal, and how the pursuit of new value creation determines the evolution of an economy. We find that allowing for entrepreneurial new value creation – innovative entrepreneurship – produces a different and more dynamic understanding of the market as a process, the role of knowledge and uncertainty, economic evolution and progress, as well as has important implications for political economy.
505 _a 1. Economics: evolutionary and entrepreneurial 2. Scopes of entrepreneurship 3. The entrepreneurial market process 4. Political economy 5. Concluding remarks
650 _aEntrepreneurship
942 _2ddc
_cBK
999 _c756856
_d756856