Blind The Entrepreneur in Rule-Based Economics

Theory, Empirical Practice, and Policy Design
1. Auflage 2017
ISBN: 978-3-319-62779-3
Verlag: Springer Nature Switzerland
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 226 Seiten

Reihe: Economic Complexity and Evolution

This volume brings together three areas of interest: the rule-based approach, the entrepreneur, and Japan as an empirical application. It highlights the advantages of the rule-based approach for economic analysis by linking different methodological underpinnings. Using these, the author exemplifies how rule-based economics allows a systematic analysis of the entrepreneur as the key figure in bringing about economic change and diversity. The book includes an empirical methodology for applied research in rule-based economics, which it puts to the test in an empirical study of entrepreneurship in contemporary Japan. The choice of entrepreneurship and Japan showcases the integrative power that rule-based economics brings to further breaking a theoretical deadlock and to analytically capturing a very particular economy investigated very little so far. By offering a body of new and original research, the monograph shows how the idea of entrepreneurship as a rule helps to resolve the Schumpeter-Kirzner divide and to develop an empirical approach to the determinants of entrepreneurial activity.

Georg D. Blind is a senior lecturer at the Universities of St. Gallen and Zurich and a Research Fellow with the Institute of Asian and Oriental Studies in Zurich, Switzerland. His recent research includes work on behavioural finance, labour market developments, and the utilisation of free trade agreements. He holds master's degrees in Business and Economics (HEC Paris, St. Gallen University) and in Japanese Studies (Heidelberg University) as well as a PhD in Economics (Hohenheim University). He has been a JSPS guest researcher at Kyoto University's Graduate School of Management (2008-2009) and a visiting researcher at The University of Tokyo in 2017. In addition to his academic activities, he has worked as a consultant with McKinsey & Company and has also undertaken contracted research for private and public sector clients (Ernst&Young, PWC, Switzerland Global Enterprise, Japan Science and Technology Agency).

Autoren/Hrsg.

Blind, Georg D.

Inhaltsverzeichnis

1;Foreword;7
2;Preface;9
2.1;References;10
3;Acknowledgements;11
4;Contents;12
5;List of Figures;16
6;List of Tables;18
7;Chapter 1: Introduction;20
7.1;1.1 What Makes an Entrepreneur?;21
7.2;1.2 Is This an Economics Piece of Research?;21
7.3;1.3 Why Entrepreneurship? And Why Japan?;23
7.4;1.4 Terminology;24
7.5;1.5 Structure of This Book;25
7.6;References;26
8;Part I: A Theory of Entrepreneurship Through the Rule-Based Approach;28
8.1;Chapter 2: The Rule-Based Approach in the Analysis of Economic Change;31
8.1.1;2.1 Change as Reflected in Economic Thought;31
8.1.2;2.2 Building Blocks of the Rule-Based Approach;33
8.1.3;References;37
8.2;Chapter 3: The Rule-Based Economy and the Function of the Entrepreneur;39
8.2.1;3.1 Rules in an Evolving Economy;39
8.2.2;3.2 The Function of Entrepreneurs in a Rule-Based Economy;41
8.2.3;3.3 Generalised Roles of Inventors, Entrepreneurs and Financiers;42
8.2.4;References;43
8.3;Chapter 4: The Entrepreneurial Process in Terms of Rules;45
8.3.1;4.1 Dimensions and Forms of Entrepreneurship;46
8.3.2;4.2 Reasons to Apply Individual Entrepreneurship in a Start-Up Operation;47
8.3.3;4.3 Propositions on Entrepreneurship;49
8.3.4;4.4 The Limits to Generality as Imposed by Localism;54
8.3.5;References;56
9;Part II: The Rule-Based Approach in Empirics: A Methodological Sketch;58
9.1;Chapter 5: Construction of Empirical Models: The System of Factor Rules (SFR);60
9.1.1;5.1 Instrumental Realism as Guiding Rail for Identifying Influencing Factors;61
9.1.2;5.2 Clearing One´s Findings from Prices and Quantities;61
9.1.3;5.3 Classifying Factor Rules by Class and Order;62
9.1.4;5.4 Examining How Factor Rules Impact on the Response Rule;63
9.1.5;5.5 Understanding How Factor Rules Interact;63
9.1.6;References;64
9.2;Chapter 6: Changing and Meta-stable Sub-systems (CSS and MSSS);65
9.2.1;6.1 Criteria for Extracting the Changing Core of the SFR;65
9.2.2;6.2 Obtaining Data for the Extraction of the CSS;68
9.2.3;References;70
9.3;Chapter 7: Analysis of the Changing Sub-sytem (CSS): Developing and Testing of Hypotheses;72
9.3.1;7.1 Hermeneutics;73
9.3.2;7.2 Statistics;75
9.3.3;7.3 Agent-Based Simulations;76
9.3.4;References;77
9.4;Chapter 8: Rule-Based Economics in Empirical Practice: An Exemplar;79
9.4.1;8.1 Defining the Subject Matter;79
9.4.2;8.2 Identify Potential Influences;81
9.4.3;8.3 Extracting Effective Influences;83
9.4.4;8.4 Evidencing Effective Influences;84
9.4.5;8.5 Developing Policy Recommendations;87
9.4.6;References;87
10;Part III: Entrepreneurship in Japan: 1992-2012;89
10.1;Chapter 9: Assembling the Model of Entrepreneurship in Japan: The System of Factor Rules (SFR);91
10.1.1;9.1 Identifying Potential Factor Rules;91
10.1.2;9.2 Interdependencies Between Factor Rules;99
10.1.3;9.3 SFR of Entrepreneurship in Japan;101
10.1.4;References;103
10.2;Chapter 10: Reducing the Model of Entrepreneurship in Japan: Extraction of its Changing Sub-system (CSS);106
10.2.1;10.1 Economic Environment;107
10.2.2;10.2 Business Founders as Members of Society;112
10.2.3;10.3 The Role of Government Policy;115
10.2.4;10.4 Economic Alternatives to Self-Employment;120
10.2.5;References;125
10.3;Chapter 11: Putting to Work the Model of Entrepreneurship in Japan;128
10.3.1;11.1 Structure of the Changing Sub-system;128
10.3.2;11.2 Introducing the Japanese ``Founder Force´´;130
10.3.3;11.3 Founder Subgroups: Differentiating Characteristics;139
10.3.4;References;141
10.4;Chapter 12: Evolution of Entrepreneurship in Japan: Analysis of its Changing Sub-system;143
10.4.1;12.1 The Determinants of the Rule Population of Entrepreneurial Spirit;144
10.4.2;12.2 The Determinants of the Rule Population of Individual Entrepreneurship and of Frequency of Start-Up Operations;150
10.4.3;References;156
10.5;Chapter 13: Entrepreneurship in Japan: Interpretation of Findings;158
10.5.1;13.1 Understanding Entrepreneurial Spirit in Japan;158
10.5.2;13.2 Understanding Latent Entrepreneurship and Start-Up Operations in Japan;160
10.5.3;13.3 Theoretical Propositions on Entrepreneurship in Empirical Perspective;162
10.5.4;References;164
11;Part IV: Conclusion;166
11.1;Chapter 14: The Entrepreneur in Rule-Based Economics: Summary of Findings and Research Outlook;167
11.1.1;14.1 Entrepreneurship as a Rule and the Entrepreneur as a Propagator of Rules;167
11.1.2;14.2 A Manual for Rule-Based Empirical Research;170
11.1.3;14.3 Entrepreneurial Spirit, Individual Entrepreneurship and Start-Up Operations in Japan: 1992-2012;171
11.1.4;14.4 Research Outlook;173
11.1.5;References;174
11.2;Chapter 15: Policy Design in Rule-Based Economics: Implications for Entrepreneurship in Japan;176
11.2.1;15.1 Fostering Entrepreneurial Spirit;177
11.2.2;15.2 Increasing Levels of Latent Entrepreneurship;178
11.2.3;15.3 Enabling More Actual Entrepreneurship;180
11.2.4;References;181
11.3;Chapter 16: Rule-Based Economics in Empirical Practice: Effective Tool for Theory Building;183
11.3.1;16.1 Benchmarking Rule-Based Economics Against Traditional Approaches;184
11.3.2;16.2 Rule-Based Economics: Challenges of an Evolving Framework;185
11.3.3;16.3 Living Up to Expectations: The Rule-Based Approach in Empirical Research;187
11.3.4;References;190
11.4;Chapter 17: Appendices;191
12;List of Abbreviations;210
13;Glossary;212
14;Bibliography;217