Whether hailed as heroes or cast as threats to social order,
entrepreneurs--and their innovations--have had an enormous
influence on the growth and prosperity of nations. "The Invention
of Enterprise" gathers together, for the first time, leading
economic historians to explore the entrepreneur's role in society
from antiquity to the present. Addressing social and institutional
influences from a historical context, each chapter examines
entrepreneurship during a particular period and in an important
geographic location.
The book chronicles the sweeping history of enterprise in
Mesopotamia and Neo-Babylon; carries the reader through the Islamic
Middle East; offers insights into the entrepreneurial history of
China, Japan, and Colonial India; and describes the crucial role of
the entrepreneur in innovative activity in Europe and the United
States, from the medieval period to today. In considering the
critical contributions of entrepreneurship, the authors discuss why
entrepreneurial activities are not always productive and may even
sabotage prosperity. They examine the institutions and restrictions
that have enabled or impeded innovation, and the incentives for the
adoption and dissemination of inventions. They also describe the
wide variations in global entrepreneurial activity during different
historical periods and the similarities in development, as well as
entrepreneurship's role in economic growth. The book is filled with
past examples and events that provide lessons for promoting and
successfully pursuing contemporary entrepreneurship as a means of
contributing to the welfare of society.
"The Invention of Enterprise" lays out a definitive picture for
all who seek an understanding of innovation's central place in our
world.
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