лекция 1 (дополненная английская версия)

Conclusions (Cont.)

•Baumol’s typology suggests type of entrepreneur is dependent on rules of the game

•Implication is that incentives are more important than the supply of entrepreneurs

•Economists and organisational theorists agree on

the importance of uncertainty, arbitrage and outcomes

•Economists, like organisational theorists, disagree amongst themselves

•Economists tend to emphasise outcomes whilst organisational theorists emphasise processes