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Entrepreneurship and the Dynamics of Foreign Direct Investment

Mark Casson

Chapter 8 in The Economic Theory of the Multinational Enterprise, 1985, pp 172-191 from Palgrave Macmillan

Abstract: Abstract Analysis of entrepreneurship has been very much neglected by economists. This weakness of orthodox theory is apparent in fields as diverse as economic development, comparative economic systems, investment and business cycles, industrial structure, and the distribution of income (Baumol, 1968). This chapter shows that by relaxing some of the restrictive assumptions of orthodox theory it is possible to develop an economic theory of entrepreneurship which offers insights into international business behaviour.

Keywords: Foreign Direct Investment; Entrepreneurial Activity; Multinational Enterprise; Business Risk; Overseas Market (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05242-4_8

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DOI: 10.1007/978-1-349-05242-4_8

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