Download ~ Alertness, Action, And the Antecedents of Entrepreneurship # by Nicolai J. Foss & Peter G. Klein ~ eBook PDF Kindle ePub Free
eBook details
- Title: Alertness, Action, And the Antecedents of Entrepreneurship
- Author : Nicolai J. Foss & Peter G. Klein
- Release Date : January 22, 2010
- Genre: Business & Personal Finance,Books,Professional & Technical,Education,
- Pages : * pages
- Size : 99 KB
Description
I. Introduction Israel Kirzner's concept of entrepreneurship as alertness to profit opportunities is a dominant strand of the contemporary entrepreneurship literature, along with Schumpeter's (1911) notion of entrepreneurship as innovation and Knight's idea of entrepreneurship as judgment. The distinction between "Schumpeterian" and "Kirznerian" entrepreneurs has become standard in the literature (although Kirzner (2009) himself contests the distinction). Among Austrian economists, Kirzner's understanding of the market as "an entrepreneurially driven process" (Ludwig von Mises Institute, 1997, p.67) of "mutual discovery" (p.71) is one of the leading perspectives on production, exchange, and market efficiency. (1)
