Sustaining Entrepreneurial Capitalism
Bibliographic Data
| ID | 8246731 |
|---|---|
| Authors | William J Baumol (New York University, corresponding author), Robert E Litan (Brookings Institution), Carl J Schramm (0000-0002-3243-1150, Syracuse University) |
| Year | 2007 |
| Volume | 2 |
| Issue | 2 |
| Publication date | 2007-01-28 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Capitalism and Society (JOURNAL) |
| Journal identifiers | ISSN: 1932-0213 • E-ISSN: 2194-6140 |
| Publisher | Walter de Gruyter GmbH (PUBLISHER • DE) |
| DOI | 10.2202/1932-0213.1026 |
| OpenAlex | W1975379562 |
| Language | EN |
| Citations received | 7 |
The conventional wisdom is that the surge in productivity growth which has surged in the United States over the past 15 years has been attributed almost wholly to advances in the production and use of information technology. While this is certainly evident from the statistics, a driving force behind the IT revolution has been the development and growth of new firms. Indeed, the U.S. economy has achieved a remarkable transformation over the last several decades from an economy characterized by large, bureaucratic firms into one increasingly powered by entrepreneurial innovation. The challenge ahead therefore is to cement and strengthen the entrepreneurial form of capitalism. In this paper, we provide a framework for policymaking to achieve this objective.Comments on this paper can be found at: http://ssrn.com/abstract=2206555
Bureaucracy · Business · Capitalism · Economic growth · Economic system · Economics · Entrepreneurship · Macroeconomics · Market economy · Political science · Production (economics · Productivity · Entrepreneurship Studies and Influences · ICT Impact and Policies
Environmental Regulation, Tenure Length of Officials, and Green Innovation of Enterprises
The Evolution of Organizational Archetypes
The city as innovation machine
Public knowledge, private knowledge
Distributive justice, corruption, and entrepreneurial behavior
Entrepreneurial readiness in the context of national systems of entrepreneurship
Size matters
| Citations per year | 0.47 |
|---|---|
| Citation span | 2011 - 2020 (10) |
| Highly cited | No |