Bibliographic Details
Title: |
To Be or Not to Be: The Entrepreneur in Neo-Schumpeterian Growth Theory |
Authors: |
Henrekson, Magnus, Johansson, Dan, Karlsson, Johan |
Contributors: |
marcus och amalia wallenbergs minnesfond, jan wallanders och tom hedelius stiftelse samt tore browaldhs stiftelse |
Superior Title: |
Entrepreneurship Theory and Practice ; volume 48, issue 1, page 104-140 ; ISSN 1042-2587 1540-6520 |
Publisher Information: |
SAGE Publications |
Publication Year: |
2023 |
Subject Terms: |
Economics and Econometrics, Business and International Management |
Description: |
Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter Mark I and the entrepreneurless framework of Schumpeter Mark II. The literature leans heavily toward Schumpeter Mark II; innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are (probabilistically) deterministic, the entrepreneur becomes redundant. Abstracting from genuine uncertainty, implies that central issues regarding the economic function of the entrepreneur are overlooked such as the roles of proprietary resources, skills, and profits. |
Document Type: |
article in journal/newspaper |
Language: |
English |
DOI: |
10.1177/10422587221141679 |
Availability: |
https://doi.org/10.1177/10422587221141679 |
Rights: |
https://creativecommons.org/licenses/by-nc/4.0/ |
Accession Number: |
edsbas.43F2490D |
Database: |
BASE |