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The Innovative Entrepreneur by Daniel F. Spulber (English) Hardcover Book

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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN-13
9781107047259
Book Title
The Innovative Entrepreneur
ISBN
9781107047259

About this product

Product Information

Innovative entrepreneurs are the prime movers of the economy. The innovative entrepreneur helps to overcome two types of institutional friction. First, existing firms may not innovate efficiently due to incumbent inertia resulting from adjustment costs, diversification costs, the replacement effect, and imperfect adjustment of expectations. The innovative entrepreneur compensates for incumbent inertia by embodying innovations in new firms that compete with incumbents. Second, markets for inventions may not operate efficiently due to transaction costs, imperfect intellectual property protections, costs of transferring tacit knowledge, and imperfect information about discoveries. The innovative entrepreneur addresses inefficiencies in markets for inventions through own-use of discoveries and adoption of innovative ideas. The Innovative Entrepreneur presents an economic framework that addresses the motivation of the innovative entrepreneur, the innovative advantage of entrepreneurs versus incumbent firms, the effects of competitive pressures on incentives to innovate, the consequences of creative destruction, and the contributions of the innovative entrepreneur to the wealth of nations.

Product Identifiers

Publisher
Cambridge University Press
ISBN-13
9781107047259
eBay Product ID (ePID)
209161410

Product Key Features

Number of Pages
380 Pages
Publication Name
The Innovative Entrepreneur
Language
English
Subject
Economics, Business
Publication Year
2014
Type
Textbook
Author
Daniel F. Spulber
Format
Hardcover

Dimensions

Item Height
260 mm
Item Weight
850 g
Item Width
182 mm

Additional Product Features

Country/Region of Manufacture
United Kingdom
Title_Author
Daniel F. Spulber

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VAT number: AU 82107909133, GB 293967539
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