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Academic Year 2004/2005


Entrepreneurship and Economic Development
ECON 263 SP

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.

MAJOR READINGS

Schumpeter, THEORY OF ECONOMIC DEVELOPMENT
Knight, RISK, UNCERTAINTY AND PROFIT
F.W. Taylor, THEORY OF SCIENTIFIC MANAGEMENT
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: ..T.R.. 01:10PM-02:30PM;     Location: PAC107;
Reserved Seats:    (Total Limit: 30)
SR. major: 5   Jr. major: 10
SR. non-major: 5   Jr. non-major: 5   SO: 5   FR: 0

Special Attributes:
Curricular Renewal:    Speaking, Writing
Links to Web Resources For This Course.

Last Updated on MAR-21-2005


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