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Palgrave Macmillan

The Entrepreneurial Factor in Economic Growth

  • Book
  • © 1992

Overview

Authors:
  1. Harold Lydall
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Table of contents (8 chapters)

  1. Front Matter

    Pages i-vi
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  2. The Nature of the Problem

    • Harold Lydall
    Pages 1-10

  3. Perfect Competition

    • Harold Lydall
    Pages 11-22

  4. Semi-perfect Competition

    • Harold Lydall
    Pages 23-35

  5. Fixprice Competition

    • Harold Lydall
    Pages 36-48

  6. Optimality

    • Harold Lydall
    Pages 49-57

  7. The Role of the Entrepreneur

    • Harold Lydall
    Pages 58-79

  8. The Supply of Entrepreneurship

    • Harold Lydall
    Pages 80-89

  9. Some Wider Issues

    • Harold Lydall
    Pages 90-98

  10. Back Matter

    Pages 99-104
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Keywords

About this book

A crucial factor in economic growth - the supply of entrepreneurship - is largely neglected in modern economic theory. The main reason is that the theory is dominated by the model of perfect competition, which logically excludes any function for the entrepreneur. The standard model is also inconsistent with several obvious facts. Instead, the author proposes two alternative models of 'entrepreneurial competition', one for conditions of near-perfect competition in product markets and the other for imperfect competition in those markets.

About the author

HAROLD LYDALL

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