IDEAS home Printed from https://ideas.repec.org/p/duk/dukeec/10-14.html
   My bibliography  Save this paper

The Scale of Entrepreneurship in Middle Eastern History: Inhibitive Roles of Islamic Institutions

Author

Listed:
  • Timur Kuran

Abstract

The historical record belies the claim that Islam impeded entrepreneurship by inculcating conformism and fatalism. However, the diametrically opposed view that Islamic institutions are necessarily supportive of entrepreneurship flies in the face of the historical transformations associated with economic modernization. Islamic institutions that served innovators well in the medieval global economy became dysfunctional as the world made the transition from personal to impersonal exchange. The key problem is that Islamic law failed to stimulate the development of organizational forms conducive to pooling and managing resources on a large scale.

Suggested Citation

  • Timur Kuran, 2010. "The Scale of Entrepreneurship in Middle Eastern History: Inhibitive Roles of Islamic Institutions," Working Papers 10-14, Duke University, Department of Economics.
  • Handle: RePEc:duk:dukeec:10-14
    as

    Download full text from publisher

    File URL: http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1265117_code1070428.pdf?abstractid=1265117&mirid=1
    File Function: main text
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beath, Andrew & Christia, Fotini & Enikolopov, Ruben, 2013. "Empowering Women through Development Aid: Evidence from a Field Experiment in Afghanistan," American Political Science Review, Cambridge University Press, vol. 107(3), pages 540-557, August.
    2. Wissam Abdulkadhum Abdulridha* & Mustafa Salih Dakhil & Raheem Abed Mohammad, 2018. "The Importance of Standard Accounting Disclosure: An Assessment of External Auditor and Institutional Investor’s Point of View," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 23-29:4.
    3. Frank R. Gunter, 2013. "The Political Economy of Iraq," Books, Edward Elgar Publishing, number 14293.
    4. Oscar Gelderblom & Abe de Jong & Joost Jonker, 2012. "The Formative Years of the Modern Corporation: The Dutch East India Company VOC, 1602-1623," Working Papers 0036, Utrecht University, Centre for Global Economic History.
    5. Beath, Andrew & Christia, Fotini & Enikolopov, Ruben, 2012. "Empowering women : evidence from a field experiment in Afghanistan," Policy Research Working Paper Series 6269, The World Bank.
    6. Lee Yong-Shik, 2015. "Call for a New Analytical Model for Law and Development," The Law and Development Review, De Gruyter, vol. 8(1), pages 1-67, June.

    More about this item

    Keywords

    Entrepreneurship; Middle East; Islam; development; business history;
    All these keywords.

    JEL classification:

    • N85 - Economic History - - Micro-Business History - - - Asia including Middle East
    • N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:duk:dukeec:10-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Department of Economics Webmaster (email available below). General contact details of provider: http://econ.duke.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.