T.W. Schultz and the Human-Capital Approach to Entrepreneurship
Abstract
T.W. Schultz's theory of entrepreneurship is among his least known,
but most interesting, contributions. While entrepreneurship is increasingly
recognized as important for economic organization and development, it is not a
major component of the economist's day-to-day toolkit. This paper describes
Schultz's approach and compares it to other concepts of entrepreneurship in
economics and management.
Citation
Review of Agricultural Economics, Volume 28, Number 3, p. 344-350.