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Entrepreneurship and Economic Development

ECON 263
Spring 2011 not offered
Certificates: International Relations

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 that 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 industrialization. Our empirical case studies are the United States 1870-1914 and contemporary West Africa. Readings are extensive, and instructor-directed discussion requires the active class participation of every student. Since much of the course is concerned with the quantity and quality of entrepreneurial supply--rooted in psychological and sociological factors as treated in Weber, Young, McClelland, and Hofstede--the class is an interdisciplinary undertaking; majors from sociology and psychology are most welcome. Finally, nota bene, this class is intellectual rather than vocational in nature; it is not suited for those students who are interested in a business-school-type offering or who wish to set up their own company.

Essential Capabilities: None
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: DiscussionGrading Mode: Graded
Level: UGRD Prerequisites: ECON110 OR ECON101
Fulfills a Major Requirement for: (ECON)

Last Updated on MAR-21-2023
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