A Theory of Destructive Entrepreneurship

Sameeksha Desai () and Zoltan J. Acs, ()

No 2007-085, Jena Economic Research Papers in Economics from Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics, Thueringer Universitaets- und Landesbibliothek

Abstract: Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete, focusing largely on productive and unproductive entrepreneurship. However, destructive entrepreneurship plays an important role in many, if not most, economies. This paper addresses the conceptual gap in the allocation of entrepreneurship by proposing a theory of destructive entrepreneurship.

Keywords: destructive entrepreneurship; allocation of entrepreneurship; rent-seeking; rent-destroying; incentives; institutions; property rights; contractual enforcement; conflict; social capital; trust; ethnic capital (search for similar items in EconPapers)
JEL-codes: O17 O20 P00 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ent, nep-hrm, nep-ino and nep-soc
Date: 2007-11-12
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Persistent link: http://EconPapers.repec.org/RePEc:jrp:jrpwrp:2007-085

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