This paper discusses some stands of Kirzner, Hayek and Lachmann, on which the present Austrian theories of the firm and the entrepreneurship are grounded and it emphasizes their limits. Instead of analyzing the coordination problems these authors overemphasize the entrepreneur?s ability to...

[eng] We show that recent Austrian approaches of the firm develop around the concepts of knowledge, rules and productive structures. We stress that the central place of the entrepreneur reveals that the coordination problem has been evacuated. These approaches appear thus at the same time...

In 1933, Knight launched a violent attack against the Austrian theory of capital. Beyond an apparent opposition on the average period of production, the conflict concerns more profoundly the capacity of the Austrian theory to ground a general theory of production and to build on a dynamic...