Entrepreneurship And The Market Process

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Entrepreneurship and the Market Process

Author : Arielle John,Diana W. Thomas
Publisher : Springer Nature
Page : 206 pages
File Size : 55,8 Mb
Release : 2020-12-14
Category : Business & Economics
ISBN : 9783030424084

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Entrepreneurship and the Market Process by Arielle John,Diana W. Thomas Pdf

What is the significance of entrepreneurship in an economy? Scholars have argued that when the market is viewed as a process of perpetual adjustment to various forces, and not as a set of end-state prices and quantities simply arrived at, the role of the entrepreneur comes to the fore. What then are fruitful ways to conceive of the phenomenon of entrepreneurship? How do entrepreneurs both respond to and shape larger forces in the economy? In what ways can political institutions and government regulation shape the decisions made by entrepreneurs, and their responsiveness to consumers? How does the cultural environment influence the types of opportunities that an entrepreneur will notice and act on? Finally, is entrepreneurial behavior strictly limited to activity we see in the market? This edited volume—comprised of chapters by scholars and students studying from the disciplines of sociology and economics—examines entrepreneurship theoretically and applied to various cases. It provides an overview of the economic literature on entrepreneurship and puts forth a framework for understanding the market process, as well the policy implications of government intervention and cultural considerations in the market. It will be of use to any scholars, students, practitioners or policymakers interested in entrepreneurship.

Entrepreneurship and the Market Process

Author : David A Harper
Publisher : Routledge
Page : 429 pages
File Size : 44,9 Mb
Release : 2002-01-08
Category : Business & Economics
ISBN : 9781134791606

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Entrepreneurship and the Market Process by David A Harper Pdf

Enterpreneurship is central to the market process, and yet most theories of it fail to tackle the problem of how economic agents learn from their experience. This book redresses this by systematically applying the ideas of Karl Popper. It treats the entrepeneur as a theorist who develops conjectures which are then tested by exposure to the market, in an effort to eliminate errors. This is a critical aspect of the development of new ventures, as most entrepeneurial ideas turn out to be mistakes, at least in their original form.

Entrepreneurship and the Market Process

Author : David A Harper
Publisher : Routledge
Page : 409 pages
File Size : 46,5 Mb
Release : 2002-01-08
Category : Business & Economics
ISBN : 9781134791590

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Entrepreneurship and the Market Process by David A Harper Pdf

Enterpreneurship is central to the market process, and yet most theories of it fail to tackle the problem of how economic agents learn from their experience. This book redresses this by systematically applying the ideas of Karl Popper. It treats the entrepeneur as a theorist who develops conjectures which are then tested by exposure to the market, in an effort to eliminate errors. This is a critical aspect of the development of new ventures, as most entrepeneurial ideas turn out to be mistakes, at least in their original form.

How Markets Work

Author : Israel M. Kirzner
Publisher : IEA Hobart Paper
Page : 88 pages
File Size : 55,8 Mb
Release : 1997
Category : Business & Economics
ISBN : STANFORD:36105020351784

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How Markets Work by Israel M. Kirzner Pdf

In the last hundred years or so, the neo-classical school has come to dominate microeconomic thinking. Economists concerned with competition have taken refuge in increasingly complex models which emphasize the end-state of competitive equilibrium. This paper presents, in non-technical terms, an 'Austrian' view of how a market economy works. The writer of this book follows in the Austrian tradition as he tries to crystallize the theory of entrepreneurial discovery and of its implications for economic understanding and policy.

The Meaning of the Market Process

Author : Israel M Kirzner
Publisher : Routledge
Page : 268 pages
File Size : 47,5 Mb
Release : 2002-09-11
Category : Business & Economics
ISBN : 9781134915491

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The Meaning of the Market Process by Israel M Kirzner Pdf

Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.

Competition and Entrepreneurship

Author : Israel M. Kirzner
Publisher : University of Chicago Press
Page : 258 pages
File Size : 53,7 Mb
Release : 2015-07-10
Category : Business & Economics
ISBN : 9780226375489

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Competition and Entrepreneurship by Israel M. Kirzner Pdf

Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory. He sees orthodox price theory as explaining the configuration of prices and quantities that satisfied the conditions for equilibrium. Mr. Kirzner argues that "it is more useful to look to price theory to help understand how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." Although Competition and Entrepreneurship is primarily concerned with the operation of the market economy, Kirzner's insights can be applied to crucial aspects of centrally planned economic systems as well. In the analysis of these processes, Kirzner clearly shows that the rediscovery of the entrepreneur must emerge as a step of major importance.

An Entrepreneurial Theory of the Firm

Author : Frédéric Sautet
Publisher : Routledge
Page : 325 pages
File Size : 54,5 Mb
Release : 2000-05-11
Category : Business & Economics
ISBN : 9781134582921

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An Entrepreneurial Theory of the Firm by Frédéric Sautet Pdf

This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that encompasses a wealth of existing literature and leads it in

Foundations of Entrepreneurship and Economic Development

Author : David A Harper
Publisher : Routledge
Page : 272 pages
File Size : 54,5 Mb
Release : 2003-03-13
Category : Business & Economics
ISBN : 9781134741540

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Foundations of Entrepreneurship and Economic Development by David A Harper Pdf

This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are quicker than others in discovering profit opportunities

Why Startups Fail

Author : Tom Eisenmann
Publisher : Currency
Page : 370 pages
File Size : 55,7 Mb
Release : 2021-03-30
Category : Business & Economics
ISBN : 9780593137024

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Why Startups Fail by Tom Eisenmann Pdf

If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

Entrepreneurship and the Market Process

Author : David Harper
Publisher : Unknown
Page : 42 pages
File Size : 45,9 Mb
Release : 1989
Category : Entrepreneurship
ISBN : OCLC:1114804141

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Entrepreneurship and the Market Process by David Harper Pdf

Prices and Knowledge

Author : Esteban F. Thomsen
Publisher : Routledge
Page : 160 pages
File Size : 50,8 Mb
Release : 2002-01-22
Category : Business & Economics
ISBN : 9781134915576

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Prices and Knowledge by Esteban F. Thomsen Pdf

First published in 1992. Routledge is an imprint of Taylor & Francis, an informa company.

A Market Process Theory of the Firm

Author : Mateusz Machaj
Publisher : Routledge
Page : 164 pages
File Size : 41,6 Mb
Release : 2021-07-14
Category : Business & Economics
ISBN : 9781000412840

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A Market Process Theory of the Firm by Mateusz Machaj Pdf

Neoclassical economics has been criticized from various angles by orthodox schools. The same can be said about its particular branch: the theory of the firm. This book demonstrates how a successful theory of the firm can be presented without flawed notions of a neoclassical framework and used to comprehend actual business history. The author argues that we should start from the assumption that businesses are inevitably imponderable, as that is their nature, in the process of economic evolution. The book offers an in-depth exploration of neoclassical limitations by examining each of the small details associated with the famous MR = MC rule. It follows a step-by-step approach, which starts off with neoclassical assumptions and then moves into more empirically sound theory, based on modeling logic and rooted in real world examples. The author presents a novel discussion on the size of the firm, both in terms of classifying a firm’s expansion and about the factors that limit the size of the firm and argues how formal pricing theory can be built using more indeterminate assumptions about firms. Further, there is a discussion on how firms are rooted in amorphous industries, which helps to explain economic progress better by emphasizing the importance of economic experiments, mistakes and bankruptcies. This is a valuable reference for scholars and researchers who are interested in a range of topics from microeconomics, through pricing theory to industrial organization, history of economic thought and managerial economics.

The Business Idea

Author : Soren Hougaard
Publisher : Springer Science & Business Media
Page : 236 pages
File Size : 47,6 Mb
Release : 2004-10-25
Category : Business & Economics
ISBN : 354022663X

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The Business Idea by Soren Hougaard Pdf

Successful business ideas are not so much about talent as about a systematic approach. The Business Idea encourages new ways of thinking when it comes to entrepreneurship and innovation. Too many ventures originate in the solutions the entrepreneur has to offer and not in the problem the customer needs solved. Business plans done this way can often lead to disappointment. The Business Idea leaves behind this product orientated logic. The book presents new, applicable entrepreneurship methods for developing creative market insight, for identifying windows of opportunity, creating business concepts and entrepreneurial strategies for successful market entry. Entrepreneurship is a complex and risky process compared to almost everything else in business life, so it richly deserves to have its own theoretical and methodological toolbox. The Business Idea provides the tools making it of interest to anyone who works with getting an enterprise off the ground or studies entrepreneurship.

The Essence of Entrepreneurship and the Nature and Significance of Market Process

Author : Israel M. Kirzner
Publisher : Collected Works of Israel M. K
Page : 0 pages
File Size : 46,8 Mb
Release : 2018
Category : Business & Economics
ISBN : 0865978662

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The Essence of Entrepreneurship and the Nature and Significance of Market Process by Israel M. Kirzner Pdf

"Kirzner here discusses his detailed research on the nature and process of entrepreneurship, expanding on his ideas about entrepreneurial alertness and offering a more systematic understanding of the concept of market process. The volume includes critiques from Martin Ricketts, Stephen Shmanske, and James C. Ahiakpor, along with Kirzner's replies to their objections"--

Entrepreneurship

Author : Mark Casson,Peter J. Buckley
Publisher : Edward Elgar Publishing
Page : 409 pages
File Size : 47,6 Mb
Release : 2010-01-01
Category : Business & Economics
ISBN : 9781849805155

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Entrepreneurship by Mark Casson,Peter J. Buckley Pdf

'An important new addition, by one of the entrepreneurship field's broadest and most important scholars, Entrepreneurship: Theory, Networks, History will be required reading for anyone interested in truly understanding entrepreneurship.' - Scott Shane, Case Western Reserve University, US