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  3. The Cambridge Handbook of Law and Entrepreneurship in the United States
  • Cited by 1
Publisher:
Cambridge University Press
Online publication date:
April 2022
Print publication year:
2022
Online ISBN:
9781316771105
DOI:
https://doi.org/10.1017/9781316771105
Series:
Cambridge Law Handbooks
Subjects:
Law: General Interest, Corporate Law, Entrepreneurship and Innovation, Law, Management
Collection:
Cambridge Law Handbooks
Information

Book description

Law plays a key role in determining the level of entrepreneurial action in society. Legal rules seek to define property rights, facilitate private ordering, and impose liability for legal wrongs, thereby attempting to establish conditions under which individuals may act. These rules also channel the development of technology, regulate information flows, and determine parameters of competition. Depending on their structure and implementation, legal rules can also discourage individuals from acting. It is thus crucial to determine which legal rules and institutions best enable entrepreneurs, whose core function is to challenge incumbency. This volume assembles legal experts from diverse fields to examine the role of law in facilitating or impeding entrepreneurial action. Contributors explore issues arising in current policy debates, including the incentive effect of legal rules on startup activity; the role of law in promoting or foreclosing market entry; and the effect of entrepreneurial action on legal doctrine.

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