Unlocking the black box of entrepreneurship: Applications for the environment
Frontiers in Eco-Entrepreneurship Research
ISBN: 978-1-84855-950-9, eISBN: 978-1-84855-951-6
Publication date: 30 October 2009
Abstract
Nobel laureate Ronald Coase (1937) was one of the first modern economists to focus attention on the ways in which firms reduce transaction costs by supplanting market contracts with hierarchical, internal management decisions. Coase and later Cheung (1983) explain that firms save on the costs of discovering prices and on the costs of measuring and monitoring the contribution of inputs to the production process. Still, however, their explanations of why a firm exists beg the question of where the entrepreneur fits into the firm.
Citation
Anderson, T.L. (2009), "Unlocking the black box of entrepreneurship: Applications for the environment", Libecap, G.D. (Ed.) Frontiers in Eco-Entrepreneurship Research (Advances in the Study of Entrepreneurship, Innovation and Economic Growth, Vol. 20), Emerald Group Publishing Limited, Leeds, pp. 39-52. https://doi.org/10.1108/S1048-4736(2009)0000020006
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited