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E-raamat: Entrepreneur in Rule-Based Economics: Theory, Empirical Practice, and Policy Design

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This volume brings together three areas of interest: the rule-based approach, the entrepreneur, and Japan as an empirical application. It highlights the advantages of the rule-based approach for economic analysis by linking different methodological underpinnings. Using these, the author exemplifies how rule-based economics allows a systematic analysis of the entrepreneur as the key figure in bringing about economic change and diversity. The book includes an empirical methodology for applied research in rule-based economics, which it puts to the test in an empirical study of entrepreneurship in contemporary Japan. The choice of entrepreneurship and Japan showcases the integrative power that rule-based economics brings to further breaking a theoretical deadlock and to analytically capturing a very particular economy investigated very little so far. By offering a body of new and original research, the monograph shows how the idea of entrepreneurship as a rule helps to resolve the Schumpeter-Kirzner divide and to develop an empirical approach to the determinants of entrepreneurial activity.

Arvustused

1 Introduction
1(12)
1.1 What Makes an Entrepreneur?
2(1)
1.2 Is This an Economics Piece of Research?
2(2)
1.3 Why Entrepreneurship? And Why Japan?
4(1)
1.4 Terminology
5(1)
1.5 Structure of This Book
6(7)
References
7(6)
Part I A Theory of Entrepreneurship Through the Rule-Based Approach
2 The Rule-Based Approach in the Analysis of Economic Change
13(8)
2.1 Change as Reflected in Economic Thought
13(2)
2.2 Building Blocks of the Rule-Based Approach
15(6)
References
19(2)
3 The Rule-Based Economy and the Function of the Entrepreneur
21(6)
3.1 Rules in an Evolving Economy
21(2)
3.2 The Function of Entrepreneurs in a Rule-Based Economy
23(1)
3.3 Generalised Roles of Inventors, Entrepreneurs and Financiers
24(3)
References
25(2)
4 The Entrepreneurial Process in Terms of Rules
27(16)
4.1 Dimensions and Forms of Entrepreneurship
28(1)
4.2 Reasons to Apply Individual Entrepreneurship in a Start-Up Operation
29(2)
4.3 Propositions on Entrepreneurship
31(5)
4.4 The Limits to Generality as Imposed by Localism
36(7)
References
38(5)
Part II The Rule-Based Approach in Empirics: A Methodological Sketch
5 Construction of Empirical Models: The System of Factor Rules (SFR)
43(6)
5.1 Instrumental Realism as Guiding Rail for Identifying Influencing Factors
44(1)
5.2 Clearing One's Findings from Prices and Quantities
44(1)
5.3 Classifying Factor Rules by Class and Order
45(1)
5.4 Examining How Factor Rules Impact on the Response Rule
46(1)
5.5 Understanding How Factor Rules Interact
46(3)
References
47(2)
6 Changing and Meta-stable Sub-systems (CSS and MSSS)
49(8)
6.1 Criteria for Extracting the Changing Core of the SFR
49(3)
6.2 Obtaining Data for the Extraction of the CSS
52(5)
References
54(3)
7 Analysis of the Changing Sub-sytem (CSS): Developing and Testing of Hypotheses
57(8)
7.1 Hermeneutics
58(2)
7.2 Statistics
60(1)
7.3 Agent-Based Simulations
61(4)
References
62(3)
8 Rule-Based Economics in Empirical Practice: An Exemplar
65(12)
8.1 Defining the Subject Matter
65(2)
8.2 Identify Potential Influences
67(2)
8.3 Extracting Effective Influences
69(1)
8.4 Evidencing Effective Influences
70(3)
8.5 Developing Policy Recommendations
73(4)
References
73(4)
Part III Entrepreneurship in Japan: 1992--2012
9 Assembling the Model of Entrepreneurship in Japan: The System of Factor Rules (SFR)
77(16)
9.1 Identifying Potential Factor Rules
77(8)
9.2 Interdependencies Between Factor Rules
85(2)
9.3 SFR of Entrepreneurship in Japan
87(6)
References
89(4)
10 Reducing the Model of Entrepreneurship in Japan: Extraction of its Changing Sub-system (CSS)
93(22)
10.1 Economic Environment
94(5)
10.2 Business Founders as Members of Society
99(3)
10.3 The Role of Government Policy
102(5)
10.4 Economic Alternatives to Self-Employment
107(8)
References
112(3)
11 Putting to Work the Model of Entrepreneurship in Japan
115(16)
11.1 Structure of the Changing Sub-system
115(2)
11.2 Introducing the Japanese "Founder Force"
117(9)
11.3 Founder Subgroups: Differentiating Characteristics
126(5)
References
128(3)
12 Evolution of Entrepreneurship in Japan: Analysis of its Changing Sub-system
131(16)
12.1 The Determinants of the Rule Population of Entrepreneurial Spirit
132(6)
12.2 The Determinants of the Rule Population of Individual Entrepreneurship and of Frequency of Start-Up Operations
138(9)
References
144(3)
13 Entrepreneurship in Japan: Interpretation of Findings
147(10)
13.1 Understanding Entrepreneurial Spirit in Japan
147(2)
13.2 Understanding Latent Entrepreneurship and Start-Up Operations in Japan
149(2)
13.3 Theoretical Propositions on Entrepreneurship in Empirical Perspective
151(6)
References
153(4)
Part IV Conclusion
14 The Entrepreneur in Rule-Based Economics: Summary of Findings and Research Outlook
157(10)
14.1 Entrepreneurship as a Rule and the Entrepreneur as a Propagator of Rules
157(3)
14.2 A Manual for Rule-Based Empirical Research
160(1)
14.3 Entrepreneurial Spirit, Individual Entrepreneurship and Start-Up Operations in Japan: 1992--2012
161(2)
14.4 Research Outlook
163(4)
References
164(3)
15 Policy Design in Rule-Based Economics: Implications for Entrepreneurship in Japan
167(8)
15.1 Fostering Entrepreneurial Spirit
168(1)
15.2 Increasing Levels of Latent Entrepreneurship
169(2)
15.3 Enabling More Actual Entrepreneurship
171(4)
References
172(3)
16 Rule-Based Economics in Empirical Practice: Effective Tool for Theory Building
175(8)
16.1 Benchmarking Rule-Based Economics Against Traditional Approaches
176(1)
16.2 Rule-Based Economics: Challenges of an Evolving Framework
177(2)
16.3 Living Up to Expectations: The Rule-Based Approach in Empirical Research
179(2)
References
182(1)
17 Appendices
183(20)
List of Abbreviations 203(2)
Glossary 205(6)
Bibliography 211
Georg D. Blind is a senior lecturer at the Universities of St. Gallen and Zurich and a Research Fellow with the Institute of Asian and Oriental Studies in Zurich, Switzerland. His recent research includes work on behavioural finance, labour market developments, and the utilisation of free trade agreements. He holds masters degrees in Business and Economics (HEC Paris, St. Gallen University) and in Japanese Studies (Heidelberg University) as well as a PhD in Economics (Hohenheim University). He has been a JSPS guest researcher at Kyoto Universitys Graduate School of Management (2008-2009) and a visiting researcher at The University of Tokyo in 2017. In addition to his academic activities, he has worked as a consultant with McKinsey & Company and has also undertaken contracted research for private and public sector clients (Ernst&Young, PWC, Switzerland Global Enterprise, Japan Science and Technology Agency).