A Challenge for the Field

James O. Fiet ()
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James O. Fiet: University of Louisville

Chapter Chapter 12 in Informational Entrepreneurship in a World with Limited Insight, 2023, pp 325-333 from Springer

Abstract: Abstract My purpose has been to illustrate how to organize entrepreneurship theoryentrepreneurship theory in a way that it constitutes a new body of knowledge that can serve as a basis for how we teach the subject. Underlying its eventual recommendations about how to discover and produce new wealthwealth is the theory that has been developing for more than 300 years, but mainly its origins go back as far as Adam Smith when he wrote the Wealth of Nations in 1776. Smith was a classical economist who appreciated the primacy of marketsmarkets over what we think we can accomplish as individuals. The purpose of this last chapter is to suggest a challenge for the field with regard to what to do with these new formulations.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-16532-0_12

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DOI: 10.1007/978-3-031-16532-0_12

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