Langlois, Richard N. - Department of Economics, University of Connecticut - 2005
entrepreneurship in the work of Schumpeter, Kirzner, and (especially) Knight, the paper makes the case for the entrepreneurial theory …The entrepreneurial theory of the firm argues that entrepreneurship, properly understood, is a crucial but neglected … of the firm. In such a theory, the firm exists as the solution to a coordination problem in a world of change and …