Baumol, William J. - In: Journal of Economic Sociology 14 (2013) 3, pp. 96-108
until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to … integrate entrepreneurship into macroeconomics but, until now the entrepreneurhas almost completely been excluded from … microeconomics and standard theoretical models of the firm.«The Microtheory of Innovative Entrepreneurship» provides a framework for …