The invention of enterprise : entrepreneurship from ancient by Baumol, William J.; Landes, David S.; Mokyr, Joel

By Baumol, William J.; Landes, David S.; Mokyr, Joel

Whether hailed as heroes or forged as threats to social order, entrepreneurs--and their innovations--have had a huge effect at the development and prosperity of countries. The Invention of Enterprise gathers jointly, for the 1st time, prime monetary historians to discover the entrepreneur's function in society from antiquity to the current. Addressing social and institutional affects from a historic context, each one bankruptcy examines entrepreneurship in the course of a selected interval and in a massive geographic location.

The e-book chronicles the sweeping historical past of company in Mesopotamia and Neo-Babylon; incorporates the reader during the Islamic heart East; deals insights into the entrepreneurial historical past of China, Japan, and Colonial India; and describes the the most important position of the entrepreneur in leading edge task in Europe and the U.S., from the medieval interval to this present day. In contemplating the severe contributions of entrepreneurship, the authors speak about why entrepreneurial actions aren't continuously effective and should even sabotage prosperity. They study the associations and regulations that experience enabled or impeded innovation, and the incentives for the adoption and dissemination of innovations. additionally they describe the extensive diversifications in worldwide entrepreneurial task in the course of diversified historic sessions and the similarities in improvement, in addition to entrepreneurship's position in fiscal development. The ebook is full of prior examples and occasions that supply classes for selling and effectively pursuing modern entrepreneurship as a method of contributing to the welfare of society.

The Invention of Enterprise lays out a definitive photo for all who search an figuring out of innovation's significant position in our world.

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LANDES, JOEL MOKYR, & WILLIAM J. BAUMOL PRINCETON UNIVERSITY PRESS • PRINCETON AND OXFORD Copyright © 2010 by Princeton University Press Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540 In the United Kingdom: Princeton University Press, 3 Market Place, Woodstock, Oxfordshire OX20 1SY All Rights Reserved Library of Congress Cataloging-in-Publication Data The invention of enterprise : entrepreneurship from ancient Mesopotamia to modern times / edited by David S.

Most notably it allows us to look at environments very different from our own and see how these people coped. It is much like paleontology; only a minute fraction of all the interesting species that were ever alive are extant now, so how would we know anything about the physiology of giant lizards or ten-foot sloths? Yet no method in economics is without its shortcomings and impediments, and history has no reason to be deemed an unworthy approach. Accordingly, this book turns to history, to find out what it can teach us about entrepreneurs, invention and its dissemination and utilization, and their implications for economic growth.

Lewis, Bernard. 2002. What Went Wrong? Western Impact and Middle Eastern Response. New York: Oxford University Press. Maddison, Angus. 1991. Dynamic Forces in Capitalist Development: A Long-run Comparative View. New York: Oxford University Press. Menzies, William. 2008. 1434: The Year a Magnificent Chinese Fleet Sailed to Italy and Ignited the Renaissance. New York: William Morrow. Pipes, Daniel. 2002. Militant Islam Reaches America. New York: Norton. Rodrik, Dani. 2002. ” Harvard Magazine, July–August, 29–31.

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