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The Allocation of Limited Entrepreneurial Attention

The Allocation of Limited Entrepreneurial Attention examines the implications of allocating limited entrepreneurial attention among activities or projects. This book maintains that attention is simultaneously limited in that a decision maker can pay attention to only one thing at a time, and entrepr...

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Bibliographic Details
Main Author: Gifford, Sharon
Format: eBook
Language:English
Published: New York, NY Springer US 1998, 1998
Edition:1st ed. 1998
Subjects:
New Business Enterprises
Microeconomics
Industrial Organization
Entrepreneurship
Management
Labor Economics
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1 The Entrepreneur in Economic Theory
  • A Brief History
  • Entrepreneurial Limitations
  • Implications of Limited Entrepreneurial Attention
  • Conclusion
  • References
  • 2 Limited Attention
  • Limited Attention in Organizations
  • Limited Attention in Economic Models
  • Conclusion
  • References
  • 3 Allocating Limited Entrepreneurial Attention
  • The Basic Model
  • The Optimal Policy
  • General Results
  • Variations on the Basic Model
  • Conclusion
  • References
  • 4 Innovation, Firm Size And Growth
  • Related Literature
  • The Schumpeterian Hypothesis
  • Optimal R&D
  • Extensions
  • Conclusion
  • References
  • 5 Career Choice
  • The Implications of the Model
  • Conclusion
  • References
  • 6 Optimally Incomplete Contracts
  • Related Literature
  • Incomplete Contracts
  • Conclusion
  • References
  • 7 The Internalization Of Transactions
  • Related Literature
  • Internal versus Market Transactions
  • Asset Specificity and Opportunism
  • Transaction Costs and Firm Size
  • Endogenous Transaction Costs
  • Evolution to Market Transactions
  • Conclusion
  • References
  • 8 The Role Of The Venture Capitalist
  • Related Literature
  • The Venture Capitalist’s Optimal Allocation
  • Entry of Venture Capitalists
  • General Partner and Limited Partners
  • Investments in Later Stage Ventures
  • Socially Optimal Consultation
  • Empirical Evidence
  • Alternative Formulations
  • Conclusion
  • References
  • 9 Independent Contractors
  • Bilateral P-A and Common Agency Models
  • The Entrepreneurial Agent
  • Conclusion
  • References
  • 10 Conclusion
  • Further Applications
  • Extensions
  • References
  • References
  • Name Index

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