ECON263 - Entrepreneurship and Economic Development

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Academic Year 2003/2004

Entrepreneurship and Economic Development
ECON 263 FA

This class examines the role of the entrepreneur in the firm, in the evolving structure of the economy and as a catalyst of social change. From Cantillon to Schumpeter, from Knight to the Harvard Business School, we pursue what the entrepreneur does, his special capacities, his personality. Equipped with these theoretical perspectives, the course focuses upon the determinants of entrepreneurial activity during the critical phase of a country's economic development, specifically, the background against which the major theories of Weber, Schumpeter, McClelland et al. are evaluated in post-Civil War America and contemporary underdeveloped countries. This is not a course for students interested in a business-school-type class or who want to set up their own company. Since much of the course is concerned with sources of entrepreneurial supply, which are founded upon psychogenic or sociogenic dynamics, the class is an interdisciplinary undertaking and majors from sociology and psychology are most welcome.

MAJOR READINGS

Schumpeter, THEORY OF ECONOMIC DEVELOPMENT
Knight, RISK, UNCERTAINTY AND PROFIT
Nelson & Winter, AN EVOLUTIONARY THEORY OF SOCIAL CHANGE
J. Hughes, THE VITAL FEW

EXAMINATIONS AND ASSIGNMENTS

Three short critical essays, two hour quizzes, and a major research paper. No final exam. Class discussion counts for one fifth of the grade.

ADDITIONAL REQUIREMENTS and/or COMMENTS

Please note that if you do not match one of the prerequisite listings EXACTLY, then you need a prerequisite override. Joint submission of your research paper to another course may be arranged.

COURSE FORMAT: Lecture/Discussion

REGISTRATION INFORMATION

Level: UGRD Credit: 1 Gen Ed Area Dept: SBS ECON Grading Mode: Student Option

Prerequisites: ECON110 OR ECON101

SECTION 01

Instructor(s): Kilby,Peter

Times: .M.W.F. 10:00AM-10:50AM; Location: PAC107

Reserved Seats: (Total Limit: 30)

SR. major: 5 Jr. major: 10

SR. non-major: 5 Jr. non-major: 5 SO: 4 FR: 1

Special Attributes:

Curricular Renewal: Speaking, Writing

Links to Web Resources For This Course.

Last Updated on MAR-19-2004