This essential single volume, along with an original introduction by the editors, will be of great interest to researchers and students of management, entrepreneurship and economics and practitioners in these fields.
The growing recognition of the extent to which institutions determine economic outcomes has been one of the key developments in economic research and policy analysis in the last two decades. At the same time, the entrepreneur has made a comeback, resurrected as one of the prime value creators in society. This comprehensive volume builds on Baumol’s 1990 framework to categorize and classify the growing research field that explores the interplay between institutions and entrepreneurship. It also contains the unique feature of examining the ways in which entrepreneurs themselves shape institutions.