Authors
Philip E Auerswald, Lewis M Branscomb
Publication date
2003/10/1
Journal
The emergence of entrepreneurship policy: Governance, start-ups, and growth in the US knowledge economy
Pages
61-91
Publisher
Cambridge University Press
Description
The function of entrepreneurs is to reform or revolutionize the pattern of production by exploiting an invention, or more generally, an untried technological possibility for producing a new commodity or producing an old one in a new way, by opening up a new source of supply of materials or a new outlet for products, by reorganizing an industry, and so on.... To undertake such new things is difficult and constitutes a distinct economic function, first because they lie outside of the routine tasks which everybody understands and secondly, because the environment resists in many ways that vary, according to social conditions, from simple refusal either to finance or buy a new thing, to physical attack on the man who tries to produce it.
Total citations
2003200420052006200720082009201020112012201320142015201620172018201920202021202220232024122411741521632123
Scholar articles
PE Auerswald, LM Branscomb - … of entrepreneurship policy: Governance, start-ups, and …, 2003
PE Auerswald, LM Branscomb - PE Auerswald, LM Branscomb.-Cambridge, UK …, 2003