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Dynamic Ecology and Dynamic Markets: The Role of Environmental Entrepreneurs

In: Protecting the Environment, Privately

Author

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  • Terry L. Anderson
  • Lawrence R. Watson

Abstract

Entrepreneurs are relegated to a black box in economics because most economic models focus on equilibrium conditions, whereas entrepreneurs thrive in and often create disequilibrium. Leaving the entrepreneur out of the analysis is particularly inappropriate regarding environmental issues because nature is constantly changing, as are the demands society places on nature. The purpose of this chapter is to bring environmental entrepreneurs — enviropreneurs — to the analysis of private environmental protection by integrating them into free market environmentalism…

Suggested Citation

  • Terry L. Anderson & Lawrence R. Watson, 2015. "Dynamic Ecology and Dynamic Markets: The Role of Environmental Entrepreneurs," World Scientific Book Chapters, in: Jeffrey Bennett (ed.), Protecting the Environment, Privately, chapter 2, pages 23-42, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814675444_0002
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