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Coase on entrepreneurship

Author

Listed:
  • Siri Terjesen
  • Ning Wang

Abstract

Following a short biography of Nobel Laureate economist Ronald H. Coase, this two part interview explores (1) Coase’s life history and thoughts on academic scholarship and (2) Coase’s perspective on the field of entrepreneurship. Coase describes his experiences during his visiting scholarship to America in 1932, early career at the London School of Economics, and government work during World War II. He discusses the virtues of scholarship and the role of technology. In the second part of the interview, Coase views entrepreneurship as a vital source of endogenous change in the economy and outlines the importance of investigating the structure of production, and other important research and policy questions. Coase elaborates on how entrepreneurship has changed over time, and describes his most recent work on entrepreneurship in China. The interview concludes with Coase’s thoughts on the evolution of scholarship and his efforts to advance the field. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Siri Terjesen & Ning Wang, 2013. "Coase on entrepreneurship," Small Business Economics, Springer, vol. 40(2), pages 173-184, February.
    • Handle: RePEc:kap:sbusec:v:40:y:2013:i:2:p:173-184
    DOI: 10.1007/s11187-012-9468-2
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    References listed on IDEAS

    as
    1. Ning Wang, 2003. "Coase on the nature of economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 27(6), pages 807-829, November.
    2. Ronald H. Coase, 2022. "The Market for Goods and the Market for Ideas," Econ Journal Watch, Econ Journal Watch, vol. 19(1), pages 166–175-1, March.
    3. Minniti, Maria & Lévesque, Moren, 2008. "Recent developments in the economics of entrepreneurship," Journal of Business Venturing, Elsevier, vol. 23(6), pages 603-612, November.
    4. Coase Ronald H & Wang Ning, 2011. "The Industrial Structure of Production: A Research Agenda for Innovation in an Entrepreneurial Economy," Entrepreneurship Research Journal, De Gruyter, vol. 1(2), pages 1-13, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    2. Francesco Ceresia, 2018. "The Role of Entrepreneurship Education in Fostering Entrepreneurial Intentions and Performances: A Review of 30 Years of Research," Revista Equidad y Desarrollo, Universidad de la Salle, issue 31, pages 47-66, June.
    3. Terjesen Siri, 2014. "Reflecting on a Conversation with Coase," Man and the Economy, De Gruyter, vol. 1(2), pages 263-269, December.
    4. Yun Hee Cho & Joo-Heon Lee, 2020. "A Study on the Effects of Entrepreneurial Orientation and Learning Orientation on Financial Performance: Focusing on Mediating Effects of Market Orientation," Sustainability, MDPI, vol. 12(11), pages 1-19, June.
    5. Valentiny, Pál, 2018. "Coase-kép másképp: középpontban a közszolgáltatások [Coase otherwise: Public utilities]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 346-381.

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    More about this item

    Keywords

    Coase; Economics; Entrepreneurship; Interview; Scholarship; A11; B25; B31; L26; N01;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • N01 - Economic History - - General - - - Development of the Discipline: Historiographical; Sources and Methods

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