This article discusses economic theories of entrepreneurship, drawing principally on work conducted in labour economics, microeconomics, macroeconomics, and financial economics. The article explains how incentives and constraints of various kinds affect occupational choices and entrepreneurial innovation, as well as how entrepreneurial decisions affect macroeconomic performance. Implications for public policy are drawn.
Bibliographical noteI would like to thank participants of the special issue’s editorial seminar for helpful comments on an earlier draft. The usual disclaimer applies.
© The Author(s) 2018. Published by Oxford University Press.
- Entrepreneurial finance
- Occupational choice