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Don Kaldor Memorial Lecture "Concepts Of Entrepreneurship And Agricultural Research"

Theodore Schultz

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: I BEGIN WITH THREE INNOCENT QUESTIONS. WHO ARE THE ENTREPRENEURS IN OUR SOCIETY? WHAT DO THEY DO AS ENTREPRENEURS? What is the economic value of the function they perform? On the first question, entrepreneurship is a pervasive activity because of the social and economic dynamics that characterizes our society and because no one—not even ivory tower professors OR institutionalized priests—can escape the on-going dynamics. ACCOMMODATIONS and adjustments are the order of the DAY/ AND these entail entrepreneurship.

Date: 1979-10-01
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