Entrepreneurship and Innovation: An Economic Approach - An Economic Approach (Hardcover)

This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living.

The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control"; the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-ran and long-ran average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur, and suggested readings are also provided.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	May 2002
First published:	2014
Authors:	Bruce A. McDaniel
Dimensions:	229 x 152 x 24mm (L x W x T)
Format:	Hardcover
Pages:	288
ISBN-13:	978-0-7656-0708-9
Categories:	Books > Business & Economics > Economics > Economic systems > General Books > Business & Economics > Business & management > Ownership & organization of enterprises > Entrepreneurship
LSN:	0-7656-0708-5
Barcode:	9780765607089

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