The Entrepreneur in Rule-Based Economics Theory, Empirical Practice,

This volume brings together three areas of interest: the rule-based approach, the entrepreneur, and Japan as an empirical application. It highlights the advantages of the rule-based approach for economic analysis by linking different methodological underp

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Georg D. Blind

The Entrepreneur in Rule-Based Economics Theory, Empirical Practice, and Policy Design

Economic Complexity and Evolution

Series editors Uwe Cantner, Jena, Germany Kurt Dopfer, St. Gallen, Switzerland John Foster, Brisbane, Australia Andreas Pyka, Stuttgart, Germany Paolo Saviotti, Grenoble, France

More information about this series at http://www.springer.com/series/11583

Georg D. Blind

The Entrepreneur in Rule-Based Economics Theory, Empirical Practice, and Policy Design

Georg D. Blind University of Zurich Zurich, Switzerland

ISSN 2199-3173 ISSN 2199-3181 (electronic) Economic Complexity and Evolution ISBN 978-3-319-62778-6 ISBN 978-3-319-62779-3 (eBook) DOI 10.1007/978-3-319-62779-3 Library of Congress Control Number: 2017948233 © Springer International Publishing AG 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

There is a discipline adapted to the schools, and which it is profitable to have studied, but which has no direct bearing upon action. Francis Edgeworth (1889) on Walras’ “Ele´ments d’e´conomie politique pure”.

Foreword

While many economists will contend that understanding the nature of the entrepreneur is a key to understanding what is going on in an economy, little research on the issue has come forth up to now. It is a pleasure to introduce a book that makes a major contribution to filling the gap. The particular aim of the book is to develop a theoretical approach for the study of entrepreneurship that is sufficiently general to ensure its applicability to a wide range of empirical cases and yet still sufficiently specific to allow for the formulation of a set of interesting and testable hypo