Conclusions and policy implications

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Chapter 12 in Entrepreneurship and the Market Economy, 2024, pp 273-290 from Edward Elgar Publishing

Abstract: This chapter summarises the key contributions of the book. The book has presented a novel theory of an entrepreneurial economy, based on rigorous logical foundations The theory generates a large family of models tailored to all sorts of real-world situations. These models are soluble using standard mathematical techniques that do not involve differential calculus. The theory is ideally suited to expounding economic principles to undergraduate students, while the wide range of practical applications makes it useful to postgraduate students and experienced researchers too. Considered as a vehicle for teaching basic economic theory, it is much more realistic than the mainstream neoclassical approach.

Keywords: Business and Management; Economics and Finance (search for similar items in EconPapers)
Date: 2024
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