ENTERPRENEUR AN ECONOMIC THEORY CASSON M. Księgarnia

This is an important work for the field of entrepreneurship. Casson has again tried valiantly to restore the entrepreneur and the process of market making in the future to their rightful places in economic theory. The end result is a highly successful synthesis of key insights from neoclassical economics and Austrian theories into a broader analytical framework. By emphasizing the role of information, Casson has brought this second edition of The Entrepreneur more up to date with modern currents in economic theory. This is one of the most analytically rigorous, and yet comprehensive, treatments of entrepreneurship and market making process available today. It is a "must-read" for all scholars interested in the role and process of entrepreneurship in society, and is essential reading for all doctoral programs in economics and entrepreneurship.' Sankaran Venkataraman, University of Virginia, USA

This book is a worthy successor to Frank Knight's seminal study on the entrepreneur published in 1921. Indeed, it probes more deeply and I carefully into the functions of the entrepreneur and the practice of entrerpeneurship; and at the same time cleverly relates these to recent advances in both neo-classical and institutional economics. It is a highly original and thought provoking piece of work; and written in the rigorous, yet urbane style that we have come to expect from Mark Casson.

Table of Contents

List of figures

List of tables

Preface to the second edition

Introduction

PART I THEORETICAL FOUNDATIONS

1 The significance of the entrepreneur

2 Basic concepts of the theory

3 The entrepreneur as intermediator

4 The competitive threat to the entrepreneur

5 Partial coordination: the case of innovation

PART II THE MARKET-MAKING FIRM

6 Making a market

7 Internal and external markets

8 The market for information

9 Speculative intermediation and the role of inventory management

10 Organizing the supply of market-making services

PART III SYNTHESIS

11 Growth and dynamics of the firm

12 The market for entrepreneurs

13 Social mobility and the entrepreneur

14 Alternative theories of the entrepreneur

15 Conclusions

Bibliography Index

430 pages

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