A Theory of Destructive Entrepreneurship

43 Pages Posted: 15 Nov 2007

Date Written: November 12, 2007

Abstract

Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete, focusing largely on productive and unproductive entrepreneurship. However, destructive entrepreneurship plays an important role in many, if not most, economies. This paper addresses the conceptual gap in the allocation of entrepreneurship by proposing a theory of destructive entrepreneurship.

Keywords: destructive entrepreneurship, allocation of entrepreneurship,rent-seeking, rent-destroying, incentives, institutions, property rights, contractual enforcement, conflict, social capital, trust, ethnic capital

JEL Classification: O17, O20, P00

Suggested Citation

Desai, Sameeksha and Acs, Zoltan J., A Theory of Destructive Entrepreneurship (November 12, 2007). Jena Economic Research Paper No. 2007-085, Available at SSRN: https://ssrn.com/abstract=1029648 or http://dx.doi.org/10.2139/ssrn.1029648

Sameeksha Desai (Contact Author)

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States

Zoltan J. Acs

Schar School of Policy and Government ( email )

Founders Hall
3351 Fairfax Dr.
Arlington, VA 22201
United States
703-993-1780 (Phone)

HOME PAGE: http://home.ubalt.edu/zacs

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