This paper argues that entrepreneurship can usefully be characterized as the search for peaks on a fitness landscape. This conceptualization is useful in linking together several different views on the nature of opportunity, highlighting reasons for disagreement, and providing a way of bridging...

This paper examines various Austrian theories of entrepreneurship through the lens of complexity theory, more specifically via the concept of a dancing fitness landscape (Beinhocker, 1999, 2007; Kauffman, 1988; Phelan, 1998). Problems in many fields (including economics) can be characterized as...