For almost fifty years now, following the trail of issues raised by economists such as Hayek, Schumpeter, Kirzner and Arrow, researchers have studied the economics of technological change and the problem of allocation of resources for invention (invention being the production of information)....

In this paper the authors identify the paradox that strategic choice requires an understanding of the future and that strategic choice also determines the future. They go on to suggest that a radically subjectivist approach may provide the basis of a theory of creative choice. This theory would...

In this paper, we propose that we will not be able to develop compelling explanations of entrepreneurial activity until we make a fundamental adjustment to our underlying assumptions of human action, replacing our reliance upon a rational actor model of human behavior with a model that...