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Firms, Governments and Economic Change - An Entrepreneurial Perspective (Hardcover)
Loot Price: R3,026
Discovery Miles 30 260
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Firms, Governments and Economic Change - An Entrepreneurial Perspective (Hardcover)
Expected to ship within 12 - 19 working days
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This topical book interprets firms, governments and economic change
from an entrepreneurial perspective. Essentially, it applies the
Austrian theory of human agency and evolutionary theories of the
firm to explain economic organisation, the state and institutional
change. Tony Yu begins by discussing the nature of entrepreneurship
and the firm followed by an analysis of the role of
entrepreneurship in economic change. He thoroughly analyses the
process of economic development in late industrialisers, within an
entrepreneurial framework outlined within the book. The author
argues that ordinary and extraordinary discovery are associated
with routine or imitative entrepreneurship and Schumpetarian
entrepreneurship respectively. Using this classification, the
author shows how it is the interaction of various types of
entrepreneurial activities that transformed East Asian latecomers
such as Japan, Taiwan, South Korea, Singapore and Hong Kong from
traditional agrarian and fishing economies into international
centres of trading, service industries and finance. Firms,
Governments and Economic Change will be of special interest to
scholars of industrial economics, entrepreneurship and Asian
studies. It will also be of use to governmental organisations
responsible for economic development, as the analysis is thoroughly
up to date easy to understand.
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