The Microtheory of Innovative Entrepreneurship Book

List of Figures and Tables ix

PREFACE: The Innovative Entrepreneur in Dynamic Microtheory xi

INTRODUCTION: Bringing Entrepreneurship and Innovation into the Theory of Value 1

CHAPTER 1: Entrepreneurship in Economic Theory: Reasons for Its Absence and Goals for Its Restoration 9

PART I: Pricing, Remuneration, and Allocation of the Agents of Innovation

CHAPTER 2: Toward Characterization of the Innovation Industry: The David-Goliath Symbiosis 25

CHAPTER 3: Entrepreneurship, Invention, and Pricing: Toward Static Microtheory 36

CHAPTER 4: Oligopolistic "Red Queen" Innovation Games, Mandatory Price Discrimination, and Markets in Innovation 57

PART II: Welfare Theory: Technology Transfer, Imitation, and Creative Destruction

CHAPTER 5: Optimal Innovation Spillovers: The Growth-Distribution Trade-off 77

CHAPTER 6: Enterprising Technology Dissemination: Toward Optimal Transfer Pricing and the Invaluable Contribution of "Mere Imitation" 101

CHAPTER 7: The Entrepreneur and the Beneficial Externalities of Creative Destruction 128

PART III: Institutions, Payoffs, and the Entrepreneur's Choice of Activity: Historical Origins

CHAPTER 8: Economic Warfare as a "Red Queen" Game: The Emergence of Productive Entrepreneurship 139

CHAPTER 9: On the Origins of Widespread Productive Entrepreneurship 152

CHAPTER 10: The Allocation of Entrepreneurship Does Matter 165

CHAPTER 11: Mega-enterprising Redesign of Governing Institutions: Keystone of Dynamic Microtheory 172

CHAPTER 12: Summing Up: Yes, the Theory of Entrepreneurship Is on Its Way 188

Notes 197

References 225

Index 237