88-371 Entrepreneurship, Regulation and Technological Change
9 units, Carnegie Mellon University
There is a growing interest in understanding the interrelationships between regulatory institutions and innovations. Certainly, opportunities for innovative activities take place in the context of the extant public policy institutions e.g., entry restrictions in telecommunications, environmental performance standards, intellectual property protections. Consequently, entrepreneurial activity plays a key role in identifying and exploiting these opportunities. In this course, we examine the role that entrepreneurs play in the interrelationships between regulation and technological change. The objectives are to develop and articulate an understanding of the theory, nature, and role of entrepreneurship in the American economy the theory, nature, and role of regulation in the American economy and the theory, nature, and role of the dynamic interaction of entrepreneurship and regulation in the American economy. Students will evaluate historical cases in which new or changing regulation presents opportunity for entrepreneurial entry in business, as well as historical cases in which entrepreneur activity in the form of innovation presents new needs or opportunities for regulation, thereby presentingor constrainingfurther opportunities for entry. The course is broken into a series of blocks, and each week there will be a set of readings posted on Blackboard. Blackboard will be used to facilitate communication, including announcements, readings, lectures, and assignments.
Prerequisites: 73-150 or 88-220 or 88-202 or 79-300
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