 Economic Change and the Organization of Industry: Is the Entrepreneur the Missing Link?Edouard Barreiro and
Joël-Thomas Ravix
Chapter 9 in Powerful Finance and Innovation Trends in a High-Risk Economy, 2008, pp 149-166 from Palgrave Macmillan Abstract: Abstract In the economic literature the entrepreneur is usually associated with innovation and change. Actually we can distinguish several kinds of entrepreneurs who are essentially gathered into two traditions. The first, the Austrian approach, describes the entrepreneur as the agent of novelty and change. The second, called the ‘Anglo Saxon tradition’ (Witt, 1999, 2005), considers the firm as the central unit of analysis. As a consequence the entrepreneur is only a virtual agent who exists but who has no real functions in the work of the economic system. Although we cannot imagine an entrepreneur without a firm, ‘economic theorizing has not taken much interest in the relation between entrepreneurship and the firm as an organizational form’ (Witt, 1999, p. 99). Keywords: Austrian Economic; Productive Service; Price Mechanism; Market Process; Entrepreneurial Firm (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58409-9_10 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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