Entrepreneurship and Innovation: An Economic Approach

Released on by Bruce A. McDaniel
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  • Entrepreneurship and Innovation: An Economic Approach Book Detail

  • Author : Bruce A. McDaniel
  • Release Date : 2014-12-18
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 208
  • ISBN 13 : 1317471377
  • File Size : 45,45 MB
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Entrepreneurship and Innovation: An Economic Approach by Bruce A. McDaniel PDF Summary

Book Description: This is a groundbreaking economic analysis of entrepreneurship and the development process for innovation. The author strives to distinguish the role of the capitalist from that of an entrepreneur, and to show how the actions of the entrepreneur impact new employment, economic growth, and advancements in the overall standard of living. The book provides in-depth discussion of several critical concepts: the economic development of a product; Schumpeter's "temporary monopoly control;" the economic bounds of product and process innovations; and changing production functions. It also develops and integrates an analysis of how innovation-induced modifications in either products or processes affect both short-run and long-run average costs in production. As a special feature, each chapter includes an interview with a successful entrepreneur. Suggested readings are also provided.

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Innovation and Technology

Innovation and Technology

File Size : 59,59 MB
Total View : 1789 Views
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Innovation has revolutionized the world economy, yet it remains often misunderstood. This textbook seeks to elucidate the nature and impact of innovation for bo