Knowledge and Entrepreneurship in Public Policy by Christopher J Coyne

Knowledge and Entrepreneurship in Public Policy by Christopher J Coyne

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Summary

The chapters in this volume analyze the interplay between knowledge, public policy, and entrepreneurship in both theory and practice. In particular, they examine how policymakers often struggle with limited economic knowledge, which hinders their ability to intervene in the market process to achieve their desired ends.

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Knowledge and Entrepreneurship in Public Policy by Christopher J Coyne

Understanding entrepreneurship as alertness to potential profit opportunities and the activities involved with bringing those opportunities to life and public policy as laws, regulations, and activities of government, this volume analyzes the intersection of the two to show how public policy influences entrepreneurship. Using a mix of theoretical and applied research, the contributors argue that policies which incentivize productive entrepreneurship will advance economic well-being, but that the passage of such policies depends in large part on the availability and usage of economic knowledge by policymakers. If policymakers lack the relevant economic knowledge to achieve their desired outcomes, policies will be ineffective in incentivizing productive entrepreneurship.

Christopher J. Coyne is professor of economics at George Mason University and associate director of the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics, Mercatus Center at George Mason University.

Abigail R. Hall is associate professor of economics at the University of Tampa.

Eileen Norcross is vice president of policy research and a senior research fellow at the Mercatus Center at George Mason University.

SKU Unavailable
ISBN 13 9781666934137
ISBN 10 1666934135
Title Knowledge and Entrepreneurship in Public Policy
Author Christopher J Coyne
Series Economy Polity And Society
Condition Unavailable
Binding Type Hardback
Publisher Lexington Books
Year published 2023-11-17
Number of pages 290
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.