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This class examines the role of the entrepreneur in the firm and in the evolving structure of the economy. From Cantillon to Schumpeter, from Knight to the Harvard Business School, we pursue what the entrepreneur does, his special capacities, his personality. Attention is also given to institutional factors and economic policy regimes which shape the structure of incentives entrepreneurs face. Equipped with these theoretical perspectives, the focus is upon the determinants of entrepreneurial activity during the critical phase of a country's economic development, e.g. post-Civil War America and contemporary underdeveloped countries. This is not a class for students interested in a business-school-type offering 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.
COURSE FORMAT: Lecture/Discussion
Level: UGRD Credit: 1 Gen Ed Area Dept: SBS ECON Grading Mode: Student Option
Prerequisites: ECON110 OR ECON101
Last Updated on MAR-21-2005
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