Alertness , Action , and the Antecedents of Entrepreneurship

@inproceedings{Foss2010AlertnessA,
  title={Alertness , Action , and the Antecedents of Entrepreneurship},
  author={Nicolai Juul Foss and Peter G. Klein},
  year={2010}
}
We review and critique Israel Kirzner’s concept of the entrepreneur, offering three challenges to his basic analytical framework. First, we characterize Kirzner’s emphasis on equilibration as a departure from the causal-realist price theory of Menger and his nineteenthand twentiethcentury followers. Second, we contrast Kirzner’s idea of entrepreneurship as discovery with a more realistic, and operationally meaningful, notion of entrepreneurship as action, one that ties together the… CONTINUE READING

From This Paper

Topics from this paper.

References

Publications referenced by this paper.
Showing 1-10 of 52 references

Economics and Knowledge.

F. A. Hayek
Individualism and Economic Order. Chicago: University of Chicago Press, • 1937
View 5 Excerpts
Highly Influenced

Entrepreneurial Alertness and Opportunity Discovery: Origins, Attributes, Critique.

Foss, J Nicolai, Peter G. Klein
In The Historical Foundations of Entrepreneurship Research, • 2010

The Concept of ‘Opportunity’ in Entrepreneurship Research: Past Accomplishments and Future Challenges.

Short, C Jeremy, David J. Ketchen, Christopher L. Shook, R. Duane Ireland
Journal of Management, • 2010

The Market as a Creative Process.

Buchanan, M James, Victor J. Vanberg
Economics and Philosophy, • 2008

The Discovery of Opportunities: Extending the Economic Theory of the Entrepreneur.

Casson, Mark, Nigel Wadeson
Small Business Economics, • 2007

Similar Papers

Loading similar papers…