Construct · 1 fields · 1 citations

unproductive entrepreneurship: a standalone construct

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Economics

entrepreneurial effort channeled into rent-seeking or destructive activity rather than productive innovation, depending on the rules of the game.

In economics, unproductive entrepreneurship refers to entrepreneurial effort channeled into rent-seeking or destructive activity rather than productive innovation, depending on the rules of the game. This meaning comes from Baumol (1990) in Journal of Political Economy.[1]

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Nearby constructs

effort2 fields · 2 citationsjingle · one word, two constructs game2 fields · 3 citationsjingle · one word, two constructs innovation6 fields · 11 citationsjingle · one name, six constructs

References

Baumol, W. J. (1990). Entrepreneurship: Productive, Unproductive, and Destructive. Journal of Political Economy, 98(5, Part 1), 893-921. https://doi.org/10.1086/261712

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