"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Non-Market Entrepreneurship
"Over the past few decades, research on the entrepreneur and on entrepreneurship has flourished in many disciplines, in no small part due to the efforts of the Austrian school of economics. This volume seeks to bring together two rapidly growing fields in the social sciences: entrepreneurial studies and the study of non-market institutions, or what the authors describe as “Non-market entrepreneurship.” This term refers to “activity that still partakes of entrepreneurial activity (for example opportunity recognition, proactive action, and so on) but not undertaken solely for the purpose of profit maximization or commercialization”. The essays in this collection concern the growth and development of the entrepreneurial function within the context of such non-market institutions, be they governmental, philanthropic, etc, and there is much focus on defining such emerging research fields as “social entrepreneurship,” “social enterprise,” “the creation of "social value,” and so on. More than an in-depth examination of the theoretical problems of these fields, this volume focuses instead on finding novel ways to model and discuss non-market entrepreneurial endeavors, and to this end the book contains several illustrative case studies of both individual non-market entrepreneurs as well as the organizations these individuals establish."
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