The Entrepreneur: An Economic Theory (Modern Revivals in Economics S.)

by M. Casson and Mark Casson

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This thoroughly revised and updated new edition of Mark Casson's modern classic The Entrepreneur presents a novel synthesis of the ideas of Joseph Schumpeter, Frank Knight and Friedrich Hayek, according to which the defining characteristic of the entrepreneur is the exercise of judgement in business decisions.

This pathbreaking volume argues that good judgement is based on a unique combination of information, and that this information is typically exploited by founding a 'market-making' firm, which links customers and suppliers who could not otherwise make contact with each other. This assessment of entrepreneurship, Mark Casson contends, has important implications for the growth of firms, social mobility and 'enterprise culture'.

This second edition is essential reading for scholars of economics, management, business history and economic history. Academics from a wide range of economic schools of thought, both orthodox and heterodox, will find the book to be an original and outstanding work.
  • ISBN10 6613221260
  • ISBN13 9786613221261
  • Publish Date 1 January 2003 (first published 16 September 1982)
  • Publish Status Active
  • Out of Print 29 December 2011
  • Publish Country US
  • Imprint Edward Elgar Publishing
  • Format eBook
  • Pages 284
  • Language English