Entrepreneurial Activities in a Veblenian Type Transition Economy

Anastassios Karayiannis and Allan E. Young

The American Economist, 2003, vol. 47, issue 2, 40-51

Abstract: In this paper we apply a Veblenian analysis to the development of specific entrepreneurial opportunities in the highly adverse world of present day transition economies. First, we utilize a Veblenian understanding of the nature of the institutional changes currently underway in these economies in order to see what light this can shed upon the transition process. We then seek to identify particular entrepreneurial opportunities in the production sector of transition economies that flow from the above Veblenian analysis. Additional entrepreneurial venture possibilities in the consumption and service sectors of transition economies that arise from a Veblenian perspective are then developed. Some cautionary public policy notes are also offered.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:sae:amerec:v:47:y:2003:i:2:p:40-51

DOI: 10.1177/056943450304700204

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