| This dissertation, which is an analysis of the entrepreneur
at the micro level, supplements and underpins the understanding and
use of the entrepreneur as an agent of social change in the analysis
of economic change at the macro level. The aim of the thesis is firstly
to seek out and identify businessmen of our time who claim to be innovative,
and secondly to undertake a qualitative study and analysis of their
qualities, actions and production and consumption functions in the
context of Joseph A. Schumpeter’s theory of the entrepreneur
and other relevant economic theories in a historical perspective.
Joseph A. Schumpeter’s theory of the entrepreneur as set forth
in The Theory of Economic Development, An Inquiry into Profit, Capital,
Interest and the Business Cycle (English translation of 1934) is employed
in this thesis as an analytical tool without reference to any earlier
criticisms, and the presentation is constructed with this in mind.
The theory is not presented in its entirety but as a brief summary
which is unique in the sense that it is the typical features of the
entrepreneur’s actions at the microeconomic level and the stress
laid on the entrepreneurial criteria which are emphasised and crystallised.
The most important characteristics and criteria of entrepreneurship
according to Schumpeter’s theory is summed up, and the same
criteria form the basis of the analysis of the businessmen included
in the study. An array of classical and key economists and theories
dealing with questions touching on the entrepreneur as an analytical
concept of social economics in a time perspective, from R Cantillon
to M Casson, are presented and discussed. Selected parts of each individual
theory are analysed in relation to relevant individual criteria in
Schumpeter’s theory, and also relatively between the theories,
so that similarities and differences between Schumpeter’s theory
and the other theories emerge as far as possible and appropriate.
The analysis concludes with a tabulation of entrepreneurial characteristics
and a list of criteria forming the essence of entrepreneurship - i.e.
the criteria which distinguish Schumpeter’s theory from other
theories. Three businessmen who claim to be creative are being investigated.
Each case starts with an introduction in which the businessman concerned
is presented along with an orientation as to the market in which he
establishes his activities. Next follows a description of the establishment
process and the form’s activities along with other special circumstances
assosiated with the situation of the businessman in question. The
informants have been interviewed using the same questions, worded
to cover all the criteria in Schumpeter’s theory. The conversations
have been taperecorded and the presentations follow the same layout
in each of the three cases: innovations, entrepreneurial profit and
the entrepreneur. The informants are differentiated based on criterions
according to Schumpeter’s theory and general theory. The thesis
has shown that entrepreneurs of the Schumpeterian type are unique
and differ from other types of businessmen and entrepreneurs as they
appear in schorlarly theory, in public opinion, and in reality |
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