More on Law and Entrepreneurship | Organizations and Markets

More on Law and Entrepreneurship

7 November 2006 at 10:18 pm Peter G. Klein Leave a comment

| Peter Klein |

From Gordon Smith:

Our conception of “law and entrepreneurship” . . . encompasses positive law (including constitutions, statutes, and regulations), common law doctrines, and private ordering that relate to “the discovery and exploitation of profitable opportunities by new firms.” While much entrepreneurship research focuses on the characteristics of entrepreneurs or on the performance of entrepreneurial firms, law and entrepreneurship studies should focus on the legal structure and regulation of entrepreneurial firms.

Entry filed under: - Klein -, Entrepreneurship, Institutions.

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