Abstract
An uncomfortable tension exists between economics and business within universities, both at the teaching and the research levels. At the teaching level, there is the challenge of business courses in accounting, management, marketing and international business that are strongly attracting students while enrolments in traditional economics degrees are declining.’ Lawson (1997) identifies the lack of “realism” in the study of economics as the source of this decline, where students are voting with their feet to more “relevant” courses in business. The irrelevancy of economics is based on both the abstract nature of the economic models taught and the perceived less vocational orientation of practical skill formation compared to business courses. The issue generally gets raised only in the context of business course coordinators demanding “more relevant and less abstract” economics material in the compulsory “economics for business” unit in their business-based degrees. EDINEB provides the appropriate forum to discuss this unease link between economics and business. The link tends to be ignored, with the focus staying firmly within each sector, except in terms of what basic economics is needed in business degrees.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Arthur, W.B. (1994). Increasing Returns and Path Dependence in the Economy. Ann Arbor: The University of Michigan Press.
Arrow, K.J. Foreword. In W.B. Arthur (1994), pp. vii-x.
Bagby, D.R. (1998). Editorial: The winds of change. Entrepreneurship Theory and Practice, 13 (1), (Fall), 5–6
Barker, J.A. (1992). Paradigms: The Business of Discovering the Future. New York: Harper Business.
Binks, M., & Vale, P. (1990). Entrepreneurship and Economic Change. London: McGraw-Hill.
Brickley, J.A., Smith, C.W., Jr., & Zimmerman, J.L. (1997). Managerial Economics and Organizational Architecture. Chicago: Irwin.
Bygrave, W.D., & Hofer, C.W. (1991). Theorizing about entrepreneurship. Entrepreneurship Theory and Practice, 16 (2), (Winter), 13–22.
Clegg, S., Dwyer, L., Gray, J., Kemp, S., Marceau, J., & O’Mara, E. (1995). Embryonic industries: Leadership and management needs. In Industry Task Force on Leadership and Management Skills, Enterprising nation: Research report, Volume 2. Canberra: Commonwealth of Australia, 1289–1347.
Courvisanos, J. (1996). Investment Cycles in Capitalist Economies: A Kaleckian Behavioural Contribution. Cheltenham: Edward Elgar.
Dickson, P. (1995). Review of ‘Increasing returns and path dependence in the economy’. Journal of Marketing, 59 (3), (July), 97–9.
Dollinger, M.J. (1999). Entrepreneurship: Strategies and Resources. (2nd. ed.). New Jersey: Prentice Hall.
Dosi, G., Freeman, C., Nelson, R., Silverberg, G., & Soete, L. (Eds.). (1988). Technical Change and Economic. Theory. London: Pinter.
Drucker, P.F. (1980). Managing in Turbulent Times. New York: Harper & Row. Freeman, C., & Perez, C. (1988). Structural Crises of Adjustment: Business Cycles and Investment Behaviour. In Dosi et al. (Eds.), pp. 38–66.
Hisrich, R.D., & Peters, M.P. (1998). Entrepreneurship. (4th. ed.). Boston: Irwin McGraw-Hill.
Hofer, R., & Polt, W. (1998). Evolutionary Innovation Theory and Innovation Policy: An Overview. In Bryant, K., & Wells, A. (Eds.), A New Paradigm? Innovation-based Evolutionary Systems (pp. 5–16 ). Canberra: Department of Industry, Science and Resources, Commonwealth of Australia.
Jones, E. (1994). The Long Tyranny of a priorism in Economic Thought. History of Economics Review, 22, (Summer), 24–69.
Kalecki, M. (1971). Selected Essays on the Dynamics of the Capitalist Economy, 1933–1970. Cambridge, UK: Cambridge University Press.
Kannegiesser, H. (1996). Ever the Clever Country? Innovation and Enterprise in Australia. Sydney: McGraw-Hill.
Karpin, D. (1995). Enterprising nation: Report of the Industry Task Force on Leadership and Management Skills. Canberra: Commonwealth of Australia.
Kirchhoff, B.A. (1991). Entrepreneurship’s Contribution to Economics. Entrepreneurship Theory and Practice, 16 (2), (Winter), 93–112.
Kirzner, I.M. (1973). Competition and Entrepreneurship. Cambridge, Mass.: Harvard University Press.
Kirzner, I.M. (1985). Discovery and the Capitalist Process. Chicago: University of Chicago Press.
Lawson, T. (1997). Money Modellers Miss the Point. The Times Higher Education Supplement, (24 January), p. 16.
Legge, J., & Hindle, K. (1997). Entrepreneurship: How innovators create the future. South Melbourne: Macmillan.
Lewis, P., & Norris, K. Recent Changes in Economics Enrolments. Paper presented at the Economic Society of Australia 25th Conference of Economists. Canberra: Australian National University, 22–26 September.
Mintzberg, H. (1994). The Rise and Fall of Strategic Planning: Reconceiving Roles for Planning, Plans, Planners. New York: The Free Press.
Nightingale, J. (1996). Evolutionary Processes and Revolutionary Change in Firms and Markets: An Economist’s Perspective. In P.E. Earl, (Eds.), Management, Marketing, and the Competitive Process (pp. 8–46 ). Cheltenham: Edward Elgar.
Shapiro, C., & Varian, H.R. (1999). Information Rules: A Strategic Guide to the Network Economy. Boston: Harvard Business School Press.
Snooks, G.D. (1998). Longrun Dynamics: A General Economic and Political Theory. London: Macmillan.
Tapscott, D. (1996). The digital economy. New York: McGraw-Hill.
Vesper, K.H., & McMullan, W.E. (1996). Entrepreneurship: Today courses, tomorrow degrees? Entrepreneurship Theory and Practice, 13 (1), (Fall), 7–13.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media Dordrecht
About this chapter
Cite this chapter
Courvisanos, J. (2002). Enterprise Development: Strategic Collaboration for Economics and Business. In: Johannessen, T.A., Pedersen, A., Petersen, K. (eds) Educational Innovation in Economics and Business VI. Educational Innovation in Economics and Business, vol 6. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1390-0_15
Download citation
DOI: https://doi.org/10.1007/978-94-017-1390-0_15
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-5959-8
Online ISBN: 978-94-017-1390-0
eBook Packages: Springer Book Archive