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Entrepreneurship : From opportunity discovery to judgment.

Author: Nicolai J Foss; Peter G Klein; Copenhagen Business School. CBS. Center for Strategi og Globalisering. SMG. Center for Strategic Management and Globalization. SMG.
Publisher: København, 2008.
Series: Working paper, 2008-05.
Edition/Format:   Book : English
Database:WorldCat
Summary:
Entrepreneurship has become a fast-growing subfield in management research, and is increasingly appearing in economics, finance, and even law. We survey a number of approaches to entrepreneurship in the economics and management literatures, and argue that modern research in this area need to be focused around ideas from Austrian economics and Frank Knight on entrepreneurial judgment. We critically discuss the recent  Read more...
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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Nicolai J Foss; Peter G Klein; Copenhagen Business School. CBS. Center for Strategi og Globalisering. SMG. Center for Strategic Management and Globalization. SMG.
OCLC Number: 475383999
Description: 35.
Series Title: Working paper, 2008-05.

Abstract:

Entrepreneurship has become a fast-growing subfield in management research, and is increasingly appearing in economics, finance, and even law. We survey a number of approaches to entrepreneurship in the economics and management literatures, and argue that modern research in this area need to be focused around ideas from Austrian economics and Frank Knight on entrepreneurial judgment. We critically discuss the recent opportunity discovery literature in management, and argue that it has partially misunderstood the Austrian origins of the theory, and fails to ade-quately distinguish between opportunity identification and opportunity exploitation.

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