Entrepreneurial Instinct: Keynes vs. Schumpeter

Craig S. Galbraith and Curt H. Stiles

Chapter 7 in Humane Entrepreneurship:Creating a New Economy, Venture by Venture, 2023, pp 67-76 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The entrepreneur is always with us because the role is natural to human beings. Entrepreneurial behavior is a component of the human personality. Every person is an entrepreneur at heart, even though not all people are equally active and aggressive at it. Some people may feel more comfortable with the risks, and some people are more successful at it, their efforts bearing more fruit than the efforts of others. The acts of the entrepreneur are common to all people. Entrepreneurship, the acts of the entrepreneur, is natural to human society and therefore an ever-present component of human society. In addressing the entrepreneur as a person and entrepreneurship as interpersonal behavior, the emphasis is placed on the word natural…

Keywords: Humane Entrepreneurship; Humane Economies; Humane Capitalism; History of Entrepreneurship; Entrepreneurship; Humaneness; Economic History; Markets And Morality; Ethical Markets (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2023
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