The entrepreneurial myth, globalization and American economic dominance
International Journal of Social Economics
ISSN: 0306-8293
Article publication date: 1 September 2006
Abstract
Purpose
The paper aims to point out that the seemingly new and novel has ancient historical precedents.
Design/methodology/approach
This is an interpretive essay. It begins with an historical examination of the role of entrepreneurship in the economy and points out that its function has been largely reactive rather than one that is a fundamentally causative prime mover.
Findings
The role is described with noteworthy illustrations that are recurrent and extend over centuries, if not millennia, in time. Their conspicuous quality is a moral repugnance. The role continues into the present.
Practical implications
The underlying causal factors have changed, but the indifference to general public welfare is a continuing feature.
Originality/value
Provides a critical examination of the role of entrepreneurship in the economy in a historical perspective.
Keywords
Citation
Wellington, D.C. and Zandvakili, S. (2006), "The entrepreneurial myth, globalization and American economic dominance", International Journal of Social Economics, Vol. 33 No. 9, pp. 615-624. https://doi.org/10.1108/03068290610683413
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited