ENTREPRENEURSHIP AND THE GENERATION OF KNOWLEDGE

Abstract

The received Austrian theory of entrepreneurship is considered in light of the generation of knowledge. It is suggested that learning involving more than the discovery of profit opportunities provides a way to endogenize knowledge and to expand the scope of entrepreneurial activity. The theoretical and applied aspects for entrepreneurial studies of this approach are discussed.

Citation

Butos, W.N. (2003), "ENTREPRENEURSHIP AND THE GENERATION OF KNOWLEDGE", Koppl, R., Birner, J. and Kurrild-Klitgaard, P. (Ed.) Austrian Economics and Entrepreneurial Studies (Advances in Austrian Economics, Vol. 6), Emerald Group Publishing Limited, Leeds, pp. 97-112. https://doi.org/10.1016/S1529-2134(03)06007-1