ALFRED MARSHALL’DA EKONOMİNİN STATİK DURUMDAN DİNAMİK DURUMA HAREKETİNDE GİRİŞİMCİ’NİN ÖNEMİ, GİRİŞİMCİ SERMAYESİ VE İKTİSADİ BÜYÜME İLİŞKİSİ

H. Doğan

Year 2012, Volume: 2 Issue: 54, 44 - 49, 01.05.2012

Abstract

In this paper, we reviewed the concept of entrepreneurship of neo-classical economist Alfred Marshall and
the relation of entrepreneurial capital and economic growth. The number of theoretical models, and empirical
studies analyzing the role of entrepreneur in economic growth has increased in the light of old, and new
definitions that were brought up to the concept of entrepreneurship.
Neoclassical economist Alfred Marshall argued that entrepreneurs have an important function in dynamics
and growth of economies. The statement is also emphasized to be indispensable case in that the entrepreneurial
skills is essential in the global competitive scale of countries at the side of theoretical and practical studies in
relation to the role of entrepreneur in economic growth. Especially, in recent years the concept of
entrepreneurship capital has been started to be used as an issue of emprical studies, in investigating whether the
ability to establish new firms has any effects on whole or regional scale of economic growth of countries’.
In this study, the author has reviewed the literature on the validity of positive impact of entrepreneurship
on economic growth, by reviewing literature that covers both emprical and theoretical researches, thus approves
this validity of the implications that Alfred Marshall has made in his magnum opus that was written on the basis
of his analytical analysis and investigations.

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