Entrepreneurship

Marx and Engels denied that the individual played a role in historical evolution, and the idea of "individualism" remains an important antidote to Marxism today. 

This paper introduces, through two longitudinal case studies, a more dynamic understanding of opportunities. This generates novel insights about how entrepreneurs view opportunities.

Just as markets can be described as price discovery procedures for existing goods, services, and resources, entrepreneurship can be usefully described as a price discovery procedure for future goods, services, and resources.

This article theoretically refines and empirically extends the subjectivist approach to team entrepreneurship, finding that positive internal and external team dynamics contribute to team effectiveness.

This article discusses the complementarities between New Institutional Economics and Austrian economics, which can advance our understanding of the relationship between institutions and entrepreneurship.

Rather than relying on the evenly rotating economy, this paper uses the imaginary construction of a specialization deadlock to define the entrepreneur-promoter, the pioneers of economic improvement, praxeologically.

The Austrian school of economics has been all but left by the wayside in economics (e.g., Backhouse 2000).

The autarkic economy—the economy of one—is not a mere analytic tool, but is a real and significant aspect of praxeology. The entrepreneurial function is prominent in the autarkic economy also.

Taking subjective value theory, the conception of economic goods, and the hierarchy of needs from Menger, this paper elaborates a model of strategic entrepreneurship.

Dr. Bylund and Jeff Deist discuss Covid and government responses against the backdrop of ripple effects, Say's law, "market failure," and the inability of bureaucrats to make rational tradeoffs.