Not All Entrepreneurship is Productive

INTERVIEW

SEPTEMBER/OCTOBER 2020

ENTREPRENEURSHIP

VOL. 4, NO. 5, PGS. 8–14

A conversation with Magnus Henrekson

This interview was conducted by Javier Toro.

Magnus Henrekson is Director of the Research Institute of Industrial Economics. He is a coauthor of The Entrepreneurial Society: A Reform Strategy for the European Union.

Is all entrepreneurial activity productive? What is productive entrepreneurship?

The entrepreneurial inclination is something that is part of the human character. Of course, some people are more natural entrepreneurs than others, but the entrepreneurial spirit is in all of us. Whether entrepreneurship is productive depends on whether you create value not only for yourself but also for society. Say, [...]

Scientific and Technological Development in China

A conversation with Richard P. Appelbaum
Moral Education
A Vital Enterprise Misunderstood

Susana Frisancho

Mperez(unimet)

14/09/2020

Translation:

Thank you Juanvi for your reference, it's important

Mperez(unimet)

07/09/2020

Translation:

MPérez (unimet)
It is important to analyze, in terms of productive and non-productive enterprises, that it is stimulated in social environments of poverty

Rafael (UNIMET)

07/09/2020

Translation:

For Schumpeter the key to the development of a country is the entrepreneur, in reality he referred to the entrepreneur, defined as the economic agent that introduces an innovation. This author clearly differentiates the undertaking/entrepreneur from other roles as capitalist, production manager, manager, financier.
The differentiation between productive and unproductive and even destructive innovation was established by William Baumol in his 1990 article, referred to by Juanvi in the previous note. Entrepreneurship should be understood as the creation of innovative enterprises (business units), it cannot be distinguished from the thick theme of the business economy

Juanvi

06/09/2020

Translation:

Interesting article in which it is evident that not every undertaking is constructive. Important concept in contrast to the mytified use of the concept of entrepreneurship. I miss the reference to Will Baumol that in his 1990 article: "Entrepreneurship: Productive, Unproductive, and Destructive" pioneered this idea.