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Economics Doctoral Programs Still Elide Entrepreneurship

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  • Dan Johansson
  • Arvid Malm

Abstract

Is entrepreneurship covered in economics doctoral programs? Updating an earlier study (Johansson 2004), we examine leading programs in the United States and Sweden by textual analysis of textbooks and assigned articles in microeconomics, macroeconomics, and industrial organization courses. We find that coverage of entrepreneurship in textbooks is scant and that theories regarding the function of the entrepreneur are hardly mentioned in assigned articles. Talk of the entrepreneur is more common in a few newer textbooks, which could indicate a renewed interest. But even textbooks that mention the entrepreneur do not define the concept or discuss the entrepreneur’s economic role in any depth; often the entrepreneur is just another optimizing agent within a model, like a borrower, manager, or investor.

Suggested Citation

  • Dan Johansson & Arvid Malm, 2017. "Economics Doctoral Programs Still Elide Entrepreneurship," Econ Journal Watch, Econ Journal Watch, vol. 14(2), pages 196–217-1, May.
    • Handle: RePEc:ejw:journl:v:14:y:2017:i:2:p:196-217
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    Cited by:

    1. Magnus Henrekson & Dan Johansson & Johan Karlsson, 2024. "To Be or Not to Be: The Entrepreneur in Neo-Schumpeterian Growth Theory," Entrepreneurship Theory and Practice, , vol. 48(1), pages 104-140, January.
    2. Henrekson, Magnus & Johansson, Dan & Karlsson, Johan, 2021. "To Be or Not to Be: The Entrepreneur in Endogenous Growth Theory," Working Papers 2021:3, Örebro University, School of Business.
    3. Johansson, Dan & Karlsson, Johan & Malm, Arvid, 2020. "Family business—A missing link in economics?," Journal of Family Business Strategy, Elsevier, vol. 11(1).

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    More about this item

    Keywords

    Entrepreneur; innovation; institution; invention; teaching; textbook;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • E14 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Austrian; Evolutionary; Institutional
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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