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A History of the Trajectory of Kirzner’s Economic Thought Toward the Consolidation of His Theory of Entrepreneurship

Lucas Casonato and Eduardo Angeli

A chapter in Research in the History of Economic Thought and Methodology: Including a Selection of Papers Presented at the 2019 ALAHPE Conference, 2021, vol. 39A, pp 107-131 from Emerald Group Publishing Limited

Abstract: The chapter aims to enhance the understanding of the development of Kirzner’s theory of entrepreneurship. To do so, elements in Kirzner’s works published up until 1973 that enclose the central points of this theory are studied. The chapter has four sections, in addition to the introduction and conclusion, that highlight the arguments that relate to Kirzner’s theory of entrepreneurship: (i) before the publication of his 1967 paper that presents the entrepreneurial function in the market process (1960–1967); between the 1967 paper and the publication of his most important book,Competition and Entrepreneurship, in 1973 (1967–1973); (iii) in Kirzner’s latest version of entrepreneurship theory as presented in his 1973 book; and (iv) the evolution of Kirzner’s thinking. The evolution of the author’s thinking regarding equilibrium and the entrepreneur is highlighted by presenting the different stages of his theory of entrepreneurship between 1960 and 1973.

Keywords: Israel Kirzner; Entrepreneurship; Austrian economics; Austrian Revival; Market Process Equilibrium; B31; B53 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-41542021000039a007

DOI: 10.1108/S0743-41542021000039A007

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