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Institutional Entrepreneurship

Edited by Magnus Henrekson, Professor of Economics and CEO, Research Institute of Industrial Economics and Tino Sanandaji, Stockholm School of Economics, Sweden
The growing recognition of the extent to which institutions determine economic outcomes has been one of the key developments in economic research and policy analysis in the last two decades. At the same time, the entrepreneur has made a comeback, resurrected as one of the prime value creators in society. This comprehensive volume builds on Baumol’s 1990 framework to categorize and classify the growing research field that explores the interplay between institutions and entrepreneurship. It also contains the unique feature of examining the ways in which entrepreneurs themselves shape institutions.
Extent: 552 pp
Hardback Price: £186.00 Web: £167.40
Publication Date: 2012
ISBN: 978 1 84844 028 9
Availability: In Stock
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  • Business and Management
  • Entrepreneurship
  • Economics and Finance
  • Institutional Economics
The growing recognition of the extent to which institutions determine economic outcomes has been one of the key developments in economic research and policy analysis in the last two decades. At the same time, the entrepreneur has made a comeback, resurrected as one of the prime value creators in society. This comprehensive volume builds on Baumol’s 1990 framework to categorize and classify the growing research field that explores the interplay between institutions and entrepreneurship. It also contains the unique feature of examining the ways in which entrepreneurs themselves shape institutions.

This essential single volume, along with an original introduction by the editors, will be of great interest to researchers and students of management, entrepreneurship and economics and practitioners in these fields.
25 articles, dating from 1991 to 2010
Contributors include: Z. Acs, O. Bandiera, W. Baumol, P. Boettke, E. Glaeser, P. Leeson, J. Lerner, D. Rodrik, A. Shleifer, L. Zingales
Contents:

Acknowledgements

Introduction Magnus Henrekson and Tino Sanandaji

PART I GENERAL
1. William J. Baumol (1990), ‘Entrepreneurship: Productive, Unproductive, and Destructive’
2. Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny (1991), ‘The Allocation of Talent: Implication for Growth’

PART II PRODUCTIVE ABIDING ENTREPRENEURSHIP
3. Josh Lerner and Antionette Schoar (2005), ‘Does Legal Enforcement Affect Financial Transactions? The Contractual Channel in Private Equity’
4. Luigi Guiso, Paola Sapienza and Luigi Zingales (2006), ‘Does Culture Affect Economic Outcomes?’
5. Per Davidsson and Magnus Henrekson (2002), ‘Determinants of the Prevalence of Start-ups and High-Growth Firms’
6. Zoltán J. Ács, Pontus Braunerhjelm, David B. Audretsch and Bo Carlsson (2009), ‘The Knowledge Spillover Theory of Entrepreneurship’

PART III UNPRODUCTIVE ABIDING ENTREPRENEURSHIP
7. William J. Baumol (2010), ‘Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory’
8. Mara Faccio (2006), ‘Politically Connected Firms’
9. Sergei Guriev and Andrei Rachinsky (2005), ‘The Role of Oligarchs in Russian Capitalism’
10. Simeon Djankov, Edward Miguel, Yingyi Qian, Gérard Roland and Ekaterina Zhuravskaya (2005), ‘Who Are Russia’s Entrepreneurs?’
11. Ruta Aidis, Saul Estrin and Tomasz Mickiewicz (2008), ‘Institutions and Entrepreneurship Development in Russia: A Comparative Perspective’

PART IV PRODUCTIVE ALTERING ENTREPRENEURSHIP
12. David Daokui Li, Junxin Feng and Hongping Jiang (2006), ‘Institutional Entrepreneurs’
13. Peter T. Leeson and Peter J. Boettke (2009), ‘Two-tiered Entrepreneurship and Economic Development’
14. Hokyu Hwang and Walter W. Powell (2005), ‘Institutions and Entrepreneurship’
15. Mark Schneider and Paul Teske (1992), ‘Toward a Theory of the Political Entrepreneur: Evidence from Local Government’

PART V UNPRODUCTIVE ALTERING ENTREPRENEURSHIP
16. Randall G. Holcombe (2002), ‘Political Entrepreneurship and the Democratic Allocation of Economic Resources’
17. Edward L. Glaeser and Andrei Shleifer (2005), ‘The Curley Effect: The Economics of Shaping the Electorate’

PART VI PRODUCTIVE EVASIVE ENTREPRENEURSHIP
18. Pierre-Guillaume Méon and Laurant Weill (2010), ‘Is Corruption an Efficient Grease?’
19. Dani Rodrik (2008), ‘Second-Best Institutions’
20. Peter J. Boettke (2007), ‘Editorial: Entrepreneurial Responses to Poverty and Social Conflict: The Enterprise Africa! Project’

PART VII UNPRODUCTIVE EVASIVE ENTREPRENEURSHIP
21. Curtis J. Milhaupt and Mark D. West (2000), ‘The Dark Side of Private Ordering: An Institutional and Empirical Analysis of Organized Crime’
22. Oriana Bandiera (2003), ‘Land Reform, the Market for Protection, and the Origins of the Sicilian Mafia: Theory and Evidence’
23. Roberto Torrini (2005), ‘Cross-country Differences in Self-employment Rates: The Role of Institutions’

PART VIII INSTITUTIONAL ENTREPRENEURSHIP IN SOCIOLOGY
24. Paul J. DiMaggio (1988), ‘Interest and Agency in Institutional Theory’
25. Julie Battilana (2006), ‘Agency and Institutions: The Enabling Role of Individuals’ Social Position’