Entrepreneurship and Innovation: An Economic Approach
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€248.00
A01=Bruce A. McDaniel
AP
Author_Bruce A. McDaniel
average
Average Cost Curve
Average Product Curve
Baby Booties
biography
capitalist theory
Category=KCS
Category=KJH
cost
curve
employment dynamics
Energy Sources
entrepreneurial
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
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Glass Fiber Optic Cable
Inline Skates
innovation-driven economic transformation
innovations
Input Suppliers
Long Run Average Cost
LRAC
Marginal Product
Marginal Product Curve
microeconomic modeling
Neoclassical Microeconomic
Per-unit Cost
Poultry Barns
process
process innovation analysis
product
product development process
Push Mowers
Revolutionary Innovations
Roller Blades
short
Short Run Average Costs
St Ag
Storm Windows
technology economics
total
Total Product Curve
Variable Input Labor
Wood Species
Young Man
Product details
- ISBN 9780765607089
- Weight: 544g
- Dimensions: 152 x 229mm
- Publication Date: 31 May 2002
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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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.
