Entrepreneurship and Human Development: A Capability Approach

Thomas Gries and Wim Naudé

No wp-2010-068, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into entrepreneurship. From a CA view, entrepreneurship is not only a production factor, or a means to an end, as is often taken to be the case by economists, but also an end in itself. Entrepreneurship can be a human functioning and can contribute towards expanding the set of human capabilities through being both a resource and a process.

Keywords: Economic development; Mathematical models (Economic development); Entrepreneurship; Human capital; International business enterprises (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Entrepreneurship and human development: A capability approach (2011)
Journal Article: Entrepreneurship and human development: A capability approach (2011)
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