The Market for Entrepreneurs: The Story of a Failure

Abstract

This work analyses the particular and repeated attempt to introduce the entrepreneur into economic activity through the market for entrepreneurs. We shall examine the few suggestions ― Richard Cantillon, Jean-Baptiste Say, Alfred Marshall and Frank Knight ― that propose it. The analysis of the writings of these authors enables us to draw relevant conclusions from their attempts to develop an economic theory of the entrepreneur from the perspective of the market for entrepreneurs.

Keywords: History of Economic Thought, Entrepreneurship, Profit, Production and Organizations, Institutions and Growth

JEL Classification: B01, M13, M53, D2, O43