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Entrepreneurship and the Economics of the Firm

Author: Nicolai J Foss; Peter G Klein; Per L Bylund; Copenhagen Business School. CBS; Copenhagen Business School. CBS. Center for Strategi og Globalisering. SMG. Center for Strategic Management and Globalization. SMG
Publisher: Frederiksberg, 2011
Series: SMG Working Paper, 6/2011
Edition/Format:   eBook : Document : English
Database:WorldCat
Summary:
The study of entrepreneurship and the study of economic organizing lack contact. In fact, the modern theory of the firm virtually ignores entrepreneurship, while the literature on entrepreneurship often sees little value in the economic theory of the firm. In contrast, we argue in this chapter that entrepreneurship theory and the theory of the firm can be usefully integrated, and that doing so would improve both  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Nicolai J Foss; Peter G Klein; Per L Bylund; Copenhagen Business School. CBS; Copenhagen Business School. CBS. Center for Strategi og Globalisering. SMG. Center for Strategic Management and Globalization. SMG
ISBN: 9788791815683 8791815681
OCLC Number: 767753669
Description: 1 online resource (33)
Series Title: SMG Working Paper, 6/2011

Abstract:

The study of entrepreneurship and the study of economic organizing lack contact. In fact, the modern theory of the firm virtually ignores entrepreneurship, while the literature on entrepreneurship often sees little value in the economic theory of the firm. In contrast, we argue in this chapter that entrepreneurship theory and the theory of the firm can be usefully integrated, and that doing so would improve both bodies of theory. Adding the entrepreneur to the theory of the firm provides a dynamic view that the overly static analysis of firm organizing cannot support. Moreover, adding the firm to the study of the entrepreneur provides important clues to how we can understand entrepreneurship.

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