The Alert and Creative Entrepreneur: A Clarification

Israel M. Kirzner
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Israel M. Kirzner: New York University, Postal: 1612 Forty-Eighth Street, Brooklyn, NY 11204-1126

No 760, Working Paper Series from Research Institute of Industrial Economics

Abstract: Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the FSF-Nutek Award). In this Prize Lecture he argues that a number of those who have commented on his work have misunderstood certain aspects of his theoretical system, and as a result the common distinction in the literature between “Schumpeterian” and “Kirznerian” entrepreneurs is flawed. He also argues that his understanding of the market process (set in motion by entrepreneurial decisions) provides a theoretical underpinning for public policy vis-à-vis entrepreneurship. Professor Kirzner’s main contributions to the economics of entrepreneurship were also presented and evaluated by Douhan, Eliasson and Henrekson (2007).

Keywords: Austrian economics; Economic development; Entrepreneurship; Small business economics (search for similar items in EconPapers)
JEL-codes: B49 B52 B53 O31 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2008-08-12
New Economics Papers: this item is included in nep-ent and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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