Mark Casson, Professor of Economics and Director, Centre for Economic Institutions and Business History, University of Reading, UK

‘This important new book paves a new and bold path in thinking about the role of entrepreneurship in the economy. The pivotal influence of entrepreneurship depicted in this book will no doubt shape thought leaders in research, business and policy for years to come.’

• ContentsPreface and acknowledgements PART I BASIC CONCEPTS1 Introduction to Entrepreneurship and the Market Economy 2 Defining entrepreneurship3 Coordination PART II INSTITUTIONS OF ENTREPRENEURSHIP4 The market as an institution 5 The firm as an institution PART III FORMAL MODELLING OF ENTREPRENEURSHIP6 An introduction to formal models of entrepreneurship 7 A systematic approach to modelling entrepreneurship 8 The distribution of income 9 Entrepreneurial strategy PART IV ENTREPRENEURSHIP THEORY IN CONTEXT10 Beyond competition: co-operation, collusion and agglomeration PART V ENTREPRENEURSHIP THEORY IN PERSPECTIVE11 The history of economic thought 12 Conclusions and policy implications Appendix A1: Generalising Marshall’s model of the market toaccommodate price dispersionAppendix A2: Modelling entrepreneurship in a Marshallian context Appendix A3: Alternative configurations of market linkages Appendix A4: The contribution of Maurice Allais

Mark Casson, Professor of Economics and Director, Centre for Economic Institutions and Business History, University of Reading, UK

‘This important new book paves a new and bold path in thinking about the role of entrepreneurship in the economy. The pivotal influence of entrepreneurship depicted in this book will no doubt shape thought leaders in research, business and policy for years to come.’

• ContentsPreface and acknowledgements PART I BASIC CONCEPTS1 Introduction to Entrepreneurship and the Market Economy 2 Defining entrepreneurship3 Coordination PART II INSTITUTIONS OF ENTREPRENEURSHIP4 The market as an institution 5 The firm as an institution PART III FORMAL MODELLING OF ENTREPRENEURSHIP6 An introduction to formal models of entrepreneurship 7 A systematic approach to modelling entrepreneurship 8 The distribution of income 9 Entrepreneurial strategy PART IV ENTREPRENEURSHIP THEORY IN CONTEXT10 Beyond competition: co-operation, collusion and agglomeration PART V ENTREPRENEURSHIP THEORY IN PERSPECTIVE11 The history of economic thought 12 Conclusions and policy implications Appendix A1: Generalising Marshall’s model of the market toaccommodate price dispersionAppendix A2: Modelling entrepreneurship in a Marshallian context Appendix A3: Alternative configurations of market linkages Appendix A4: The contribution of Maurice Allais

Mark Casson, Professor of Economics and Director, Centre for Economic Institutions and Business History, University of Reading, UK

‘This important new book paves a new and bold path in thinking about the role of entrepreneurship in the economy. The pivotal influence of entrepreneurship depicted in this book will no doubt shape thought leaders in research, business and policy for years to come.’

• ContentsPreface and acknowledgements PART I BASIC CONCEPTS1 Introduction to Entrepreneurship and the Market Economy 2 Defining entrepreneurship3 Coordination PART II INSTITUTIONS OF ENTREPRENEURSHIP4 The market as an institution 5 The firm as an institution PART III FORMAL MODELLING OF ENTREPRENEURSHIP6 An introduction to formal models of entrepreneurship 7 A systematic approach to modelling entrepreneurship 8 The distribution of income 9 Entrepreneurial strategy PART IV ENTREPRENEURSHIP THEORY IN CONTEXT10 Beyond competition: co-operation, collusion and agglomeration PART V ENTREPRENEURSHIP THEORY IN PERSPECTIVE11 The history of economic thought 12 Conclusions and policy implications Appendix A1: Generalising Marshall’s model of the market toaccommodate price dispersionAppendix A2: Modelling entrepreneurship in a Marshallian context Appendix A3: Alternative configurations of market linkages Appendix A4: The contribution of Maurice Allais