Artikel

Entrepreneurship: State of grace or human action?

Joseph A. Schumpeter developed a very well-known theory of entrepreneurs and entrepreneurship, centred on the concept of ‘new combinations’. According to him, innovation and entrepreneurship are destructive elements driving the system beyond an equilibrium position and setting in motion a competitive process, in order to reach a new equilibrium point. Though Austrian, Schumpeter was never a member of the Austrian School of Economics. However, his position as regards entrepreneurship is widely commented on by Austrian School members. In particular, Israel M. Kirzner devoted his research activity to develop an alternative concept of entrepreneurship rooted in Misesian human action and the concept of ‘alertness’. This paper aims to analyze and compare the two positions, in an attempt not so much to stress differences but to find possible common paths for further developments of the concept of entrepreneurship.

Sprache
Englisch

Erschienen in
Journal: European Journal of Economic and Social Systems ; ISSN: 1292-8895 ; Volume: 27 ; Year: 2015 ; Issue: 1-2 ; Pages: 11-36 ; Cachan: Hermes-Lavoisier

Klassifikation
Wirtschaft
Entrepreneurship
Current Heterodox Approaches: Austrian
History of Economic Thought: Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
History of Economic Thought since 1925: Historical; Institutional; Evolutionary; Austrian; Stockholm School
Innovation and Invention: Processes and Incentives
Technological Change: Choices and Consequences; Diffusion Processes
Thema
Entrepreneurship
Schumpeter
Kirzner

Ereignis
Geistige Schöpfung
(wer)
Ferlito, Carmelo
Ereignis
Veröffentlichung
(wer)
Hermes-Lavoisier
ZBW – Leibniz Information Centre for Economics
(wo)
Cachan
(wann)
2015

DOI
doi:10.3166/ejess.27.11-36
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Ferlito, Carmelo
  • Hermes-Lavoisier
  • ZBW – Leibniz Information Centre for Economics

Entstanden

  • 2015

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