THEORIES OF ENTREPRENEURSHIP: A CRITICAL OVERVIEW

Öz

When the concept of entrepreneurship is used in economics, the purpose of analysis is mainly to explain (i) how the market system works and (ii) the various kinds of income -especially profit- and their relation with entrepreneurship. Entrepreneurship is always linked with profit, and the main emphasis of this paper will be on the part played by the entrepreneur in economic process.Even though there are several approaches to entrepreneurship, to profit and to functions that the entrepreneurs provide in the market process, this paper will focus on the ideas of the Neoclassical Theory (in general, the ideas of Marshall), the Schumpeterian approach, and mainly the Neo-Austrian theories of entrepreneurship (Kirzner). All three approaches are critically analysed and both strong sides and shortcomings are introduced in terms of their implications and their applications in regulation of monopolies

Anahtar Kelimeler

• Entrepreneurship, competition, profit, regulation

THEORIES OF ENTREPRENEURSHIP: A CRITICAL OVERVIEW

Öz

Bu makale genel olarak girişimcilik ve girişimcilik ve kar ilişkisi konusunda klasik olarak genelleştirilebilecek temel üç görüşün temsilcilerinin bu konulardaki görüşlerini kritikal bir yaklaşımla analiz etme işini yapar. Bu analiz yapılırken temel görüşlerin temsilcileri olarak Marshall, Schumpeter ve Kirzner alınarak bunların görüşleri, bu görüşlerin eleştirileri ve sonuç olarakta maket denetimi (regulation) olarak çıkarımlarının neler oldukları irdelenmektedir

Anahtar Kelimeler

• Girişimcilik, rekabet, kar, düzenleme

Kaynakça

1. Baumol, W.J. (1982), “Contestable Markets: An Uprising in the Theory of
2. Industry Structure”, The American Economic Review, vol.72, Issue 1. Hayek F. (1948), “The Use of Knowledge in Society”, The American
3. Economic Review, September 1945; Reprinted in Hayek, Individualism and Economic Order, London” Routledge and Kagan Paul.
4. Kirzner, I.M. (1997), “How Markets Work: Disequilibrium,
5. Entrepreneurship and Discovery.” London, The Institute of Economic Affairs. Loasby, B.J. (1982), “The Entrepreneurship in Economic Theory”, Scottish
6. Journal of Political Economy, vol.29, no.3, November. Marshall, A. (1948), Principles of Economics: An Introductionary Volume, 8th ed., London, Macmillan and co. limited.
7. Marz, A. (1991), Joseph Schumpeter Scholar, Teacher, and Politician, New
8. Haven and London: Yale University Press. Mises, L.V. (1949), Human Action, New Haven: Yale University Press.

9. Schumpeter, J.A. (1991), Assays on Entrepreneurs, Innovations, Business
10. Cycles and The Evaluation of Capitalism, New Brunswick and London, Transactions Publications.