Entrepreneurship: The Supply of Entrepreneurs and Technologists

  • Luc Fauvel
Part of the International Economic Association Series book series (IEA)


The entrepreneur of classical and post-classical economic theory has become a somewhat suspect character in most under-developed countries. It is not the fashion in our days to base development policy upon an encouragement of private enterprise and the free play of its manifestations.2 There are a number of reasons for this.


Private Enterprise Foreign Capital Private Capital Political Risk Guarantee Fund 
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  1. 2.
    (Yale Brozen in Economic Development, Prentice-Hall, New York, 1954, p. 196.)Google Scholar
  2. W. Arthur Lewis, The Theory of Economic Growth (Allen and Unwin, London, 1956), p. 179.Google Scholar
  3. A detailed study of these proposals has been made by M. Luc Bourcier de Carbon and published in ‘Bulletin de la Banque Centrale des États de l’Afrique Équatoriale’, Paris 1960. Here under are reproduced some of his conclusions with which I am in complete agreement.Google Scholar

Copyright information

© International Economic Association 1964

Authors and Affiliations

  • Luc Fauvel
    • 1
  1. Droit de ParisFrance

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