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Robert F Hébert - A History of Entrepreneurship

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Robert F Hébert A History of Entrepreneurship

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This book establishes a chronological trace of the entrepreneur as treated in economic literature in order to give a more wholesome perspective to contemporary writings and teachings on entrepreneurship. It focuses on the nature and role of the entrepreneur, and of entrepreneurship, as revealed in economic literature as early as the eighteenth century, when Richard Cantillon first coined the term entrepreneur. The authors then trace how Joseph Schumpeters perspective, among others, on entrepreneurship came to dominate the worlds understanding of the term.

Due to Schumpeters dominant influence, entrepreneurship has come to occupy a primary role in the theory of economic development. In this book Hbert and Link discuss various key topics including the German Tradition, the Austrian and the English School of thought as well as individuals such as Alfred Marshall and Jeremy Bentham. The historical survey also illustrates the tension that often exists between theory and practice and how it has been difficult for economic theory to assimilate a core concept that plays a vital role in social and economic change. Finally, the book exposes the many different facets of entrepreneurship as they have been perceived by some of the great economists throughout the ages.

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A History of Entrepreneurship

This book establishes a chronological trace of the entrepreneur as treated in economic literature in order to give a more illuminating perspective to contemporary writings and teachings on entrepreneurship. It focuses on the nature and role of the entrepreneur and of entrepreneurship as revealed in economic literature as early as the eighteenth century, when Richard Cantillon first coined the term entrepreneur. The authors then trace how Joseph Schumpeters perspective, among others, on entrepreneurship came to dominate the worlds understanding of the term.

Due to Schumpeters dominant influence, entrepreneurship has come to occupy a primary role in the theory of economic development. In this book Hbert and Link discuss various key topics, including the German tradition, the Austrian and the English School of thought, and individuals such as Alfred Marshall and Jeremy Bentham. The historical survey also illustrates the tension that often exists between theory and practice and how it has been difficult for economic theory to assimilate a core concept that plays a vital role in social and economic change. Finally, the book exposes the many different facets of entrepreneurship as they have been perceived by some of the great economists throughout the ages.

This fascinating and insightful book will be of interest to students and researchers in the history of economic thought as well as thoughtful scholars of entrepreneurship everywhere.


Robert F. Hbert is Russell Professor of Economics, Emeritus, at Auburn University, U.S.A.


Albert N. Link is Professor of Economics at the University of North Carolina at Greensboro, U.S.A.

Routledge Studies in the History of Economics

1 Economics as Literature

  • Willie Henderson

2 Socialism and Marginalism in Economics 18701930

  • Edited by Ian Steedman

3 Hayeks Political Economy

  • The socio-economics of order
  • Steve Fleetwood

4 On the Origins of Classical Economics

  • Distribution and value from William Petty to Adam Smith
  • Tony Aspromourgos

5 The Economics of Joan Robinson

  • Edited by Maria Cristina Marcuzzo, Luigi Pasinetti, and Alesandro Roncaglia

6 The Evolutionist Economics of Lon Walras

  • Albert Jolink

7 Keynes and the Classics

  • A study in language, epistemology and mistaken identities
  • Michel Verdon

8 The History of Game Theory, Vol 1

  • From the beginnings to 1945
  • Robert W. Dimand and Mary Ann Dimand

9 The Economics of W. S. Jevons

  • Sandra Peart

10 Gandhis Economic Thought

  • Ajit K. Dasgupta

11 Equilibrium and Economic Theory

  • Edited by Giovanni Caravale

12 Austrian Economics in Debate

  • Edited by Willem Keizer, Bert Tieben, and Rudy van Zijp

13 Ancient Economic Thought

  • Edited by B. B. Price

14 The Political Economy of Social Credit and Guild Socialism

  • Frances Hutchinson and Brian Burkitt

15 Economic Careers

  • Economics and economists in Britain 19301970
  • Keith Tribe

16 Understanding Classical Economics

  • Studies in the Long-period Theory
  • Heinz Kurz and Neri Salvadori

17 History of Environmental Economic Thought

  • E. Kula

18 Economic Thought in Communist and Post-Communist Europe

  • Edited by Hans-Jrgen Wagener

19 Studies in the History of French Political Economy

  • From Bodin to Walras
  • Edited by Gilbert Faccarello

20 The Economics of John Rae

  • Edited by O. F. Hamouda, C. Lee, and D. Mair

21 Keynes and the Neoclassical Synthesis

  • Einsteinian versus Newtonian macroeconomics
  • Teodoro Dario Togati

22 Historical Perspectives on Macroeconomics

  • Sixty years after the General Theory
  • Edited by Philippe Fontaine and Albert Jolink

23 The Founding of Institutional Economics

  • The leisure class and sovereignty
  • Edited by Warren J. Samuels

24 Evolution of Austrian Economics

  • From Menger to Lachmann
  • Sandye Gloria

25 Marxs Concept of Money

  • The god of commodities
  • Anitra Nelson

26 The Economics of James Steuart

  • Edited by Ram n Tortajada

27 The Development of Economics in Europe since 1945

  • Edited by A. W. Bob Coats

28 The Canon in the History of Economics

  • Critical essays
  • Edited by Michalis Psalidopoulos

29 Money and Growth

  • Selected papers of Allyn Abbott Young
  • Edited by Perry G. Mehrling and Roger J. Sandilands

30 The Social Economics of Jean-Baptiste Say

  • Markets and virtue
  • Evelyn L. Forget

31 The Foundations of Laissez-Faire

  • The economics of Pierre de Boisguilbert
  • Gilbert Faccarello

32 John Ruskins Political Economy

  • Willie Henderson

33 Contributions to the History of Economic Thought

  • Essays in honour of R. D. C. Black
  • Edited by Antoin E. Murphy and Renee Prendergast

34 Towards an Unknown Marx

  • A commentary on the manuscripts of 186163
  • Enrique Dussel

35 Economics and Interdisciplinary Exchange

  • Edited by Guido Erreygers

36 Economics as the Art of Thought

  • Essays in memory of G. L. S. Shackle
  • Edited by Stephen F. Frowen and Peter Earl

37 The Decline of Ricardian Economics

  • Politics and economics in post-Ricardian theory
  • Susan Pashkoff

38 Piero Sraffa

  • His life, thought and cultural heritage
  • Alessandro Roncaglia

39 Equilibrium and Disequilibrium in Economic Theory

  • The Marshall-Walras divide
  • Michel de Vroey

40 The German Historical School

  • The Historical and ethical approach to economics
  • Edited by Yuichi Shionoya

41 Reflections on the Classical Canon in Economics

  • Essays in honour of Samuel Hollander
  • Edited by Sandra Peart and Evelyn Forget

42 Piero Sraffas Political Economy

  • A centenary estimate
  • Edited by Terenzio Cozzi and Roberto Marchionatti

43 The Contribution of Joseph Schumpeter to Economics

  • Economic development and institutional change
  • Richard Arena and Cecile Dangel

44 On the Development of Longrun Neo-Classical Theory

  • Tom Kompas

45 F. A. Hayek as a Political Economist

  • Economic analysis and values
  • Edited by Jack Birner, Pierre Garrouste, and Thierry Aimar

46 Pareto, Economics and Society

  • The mechanical analogy
  • Michael McLure

47 The Cambridge Controversies in Capital Theory

  • A study in the logic of theory development
  • Jack Birner

48 Economics Broadly Considered

  • Essays in honour of Warren J. Samuels
  • Edited by Steven G. Medema, Jeff Biddle, and John B. Davis

49 Physicians and Political Economy

  • Six studies of the work of DoctorEconomists
  • Edited by Peter Groenewegen

50 The Spread of Political Economy and the Professionalisation of Economists

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