Showing 1 - 10 of 27,721
the higher rates of entrepreneurship observed in common law countries …
Persistent link: https://www.econbiz.de/10013324246
Entrepreneurship is ultimately about the arrangement of resources into productive activities. Much of the … entrepreneurship literature, however, has focused on the demand side of the market. While resource heterogeneity is a feature of many … developed by the Austrian school of economics provides a natural bridge between theory of entrepreneurship and the theory of the …
Persistent link: https://www.econbiz.de/10012725688
Although area of economics associated with economic evolution has become established during the last couple of decades, its objectives and potentials can most easily be understood on the background of the work of Joseph A. Schumpeter. The fundamental objective of evolutionary economics is to...
Persistent link: https://www.econbiz.de/10013014157
Persistent link: https://www.econbiz.de/10012298564
In the last decades the world changed dramatically. From a global point of view three disruptive processes are on their way which can be called revolutionary: a political, a technological and an economic revolution. This paper aims to give an overview when and how these movements started what...
Persistent link: https://www.econbiz.de/10011574755
In the present paper we are going to examine texts by Werner Sombart and Friedrich von Wieser on entrepreneurship and …
Persistent link: https://www.econbiz.de/10013123492
The foundation for both the neo-Schumpeterian and original institutional economics school of thought is the emphasis on evolutionary processes in economies. The relationship between technology and the social rules and norms that coordinate the behavior of people provides the focus for their...
Persistent link: https://www.econbiz.de/10014230890
"Methodological individualism" (MI) was first used in English in a 1909 paper by Joseph Schumpeter. MI is often invoked as a fundamental description of the methodology both of neoclassical and Austrian economics, as well as of other approaches. However, the methodologies of those to whom the...
Persistent link: https://www.econbiz.de/10013021739
The Schumpeterian way of thinking for the analysis of innovation, as an evolutionary socioeconomic phenomenon, seems to be still of particular usefulness while the fundamental contribution by Nelson and Winter with the “evolutionary theory of economic change” is nowadays one of the most...
Persistent link: https://www.econbiz.de/10012845475
Persistent link: https://www.econbiz.de/10012923067