Dr. Estefania Santacreu-Vasut discusses the methodological revolution in economics and the recent Nobel prize of Abhijit Banerjee, Esther Duflo, and Michael Kremer.
Would a modern firm be closer to a Jane Austen's novel than to a firm with a standard business model ?
Entrepreneurship is a trending topic and we constantly hear in the medias about success stories of famous people such as Mark Zuckerberg, Jeff Bezos or Bill Gates, among many others. But do we really know what an entrepreneur is? It seems that opinions on the subject are as many as the reasons that make an entrepreneur successful. The word "entrepreneurship" comes from the French verb "entreprendre" which means "to undertake". To truly understand, we have to study the key actors of the economy further.