TY  - BOOK
AU  - Baumol, William J.
TI  - The microtheory of innovative entrepreneurship
SN  - 9780691145846
U1  - 338.0410 
PY  - 2010///
PB  - Princeton University Press
KW  - Entrepreneurship.
KW  - BUSINESS & ECONOMICS -- Economics -- Microeconomics
KW  - BUSINESS & ECONOMICS -- Entrepreneurship
N1  - 
Contents:	List of Figures and Tables ix 
PREFACE: The Innovative Entrepreneur in Dynamic Microtheory xi 
INTRODUCTION: Bringing Entrepreneurship and Innovation into the Theory of Value 1 
CHAPTER 1: Entrepreneurship in Economic Theory: Reasons for Its Absence and Goals for Its Restoration 9 

PART I: Pricing, Remuneration, and Allocation of the Agents of Innovation 
CHAPTER 2: Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis 25 CHAPTER 3: Entrepreneurship, Invention, and Pricing: Toward Static Microtheory 36 
CHAPTER 4: Oligopolistic "Red Queen" Innovation Games, Mandatory Price Discrimination, and Markets in Innovation 57 

PART II: Welfare Theory: Technology Transfer, Imitation, and Creative Destruction 
CHAPTER 5: Optimal Innovation Spillovers: The Growth-Distribution Trade-off 77 
CHAPTER 6: Enterprising Technology Dissemination: Toward Optimal Transfer Pricing and the Invaluable Contribution of "Mere Imitation" 101 
CHAPTER 7: The Entrepreneur and the Beneficial Externalities of Creative Destruction 128 

PART III: Institutions, Payoffs, and the Entrepreneur's Choice of Activity: Historical Origins CHAPTER 8: Economic Warfare as a "Red Queen" Game: The Emergence of Productive Entrepreneurship 139 
CHAPTER 9: On the Origins of Widespread Productive Entrepreneurship 152
CHAPTER 10: The Allocation of Entrepreneurship Does Matter 165 CHAPTER 11: Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory 172 
CHAPTER 12: Summing Up: Yes, the Theory of Entrepreneurship Is on Its Way 188 Notes 197 References 225 
Index 237


ER  -