In this Research Handbook, global experts explore how the field of Austrian economics has been adopted and applied in management and entrepreneurship. They outline its current state in economic thinking, presenting a framework for understanding the market as a process motivated by subjective valuations.
The authors investigate how the rich theories of Austrian economics can be used to advance management and entrepreneurship scholarship, as well as proposing potential applications beyond prior studies in this area. Contributors apply Austrian economics to contexts such as effectuation and the logic of action, women's entrepreneurship, and agent-based modelling. They critically analyse and challenge the use of Austrian ideas in management and entrepreneurship and assess their theoretical and practical applications, as well as highlighting potential avenues for future research.
Presenting valuable insights, this Research Handbook is an enlightening read for scholars and students of management and entrepreneurship, as well as economics and finance. Practitioners in business and policymakers will also benefit from its actionable advice.
Rezensionen / Stimmen
'Entrepreneurship is fundamentally about action and to understand entrepreneurship we need entrepreneurship action theory. Austrian Economics offers a cornerstone in such theorizing. In their book the Research Handbook on Austrian Economics in Management and Entrepreneurship Vishal K. Gupta and Per L. Bylund show how the Austrian perspective can be useful at the micro level to management and entrepreneurship scholars.' -- Johan Wiklund, Syracuse University, USA 'This collection brilliantly showcases Austrian economics as a vital framework for management and entrepreneurship scholars. By embracing the "logic of action," the book offers fresh theoretical insights where mainstream economics falls short. This is a must read for all those seeking to better understand process-oriented approaches to business phenomena.' -- Maria Minniti, Syracuse University, USA 'This book makes an important connection between management and entrepreneurship issues and the Austrian School of Economics. Not only does it emphasize core topics and principles such as subjective value, scarcity, a dynamic economic system, and a praxeological perspective but it is also a must-read for any management and entrepreneurship scholar and, more globally, anyone who is interested in the Austrian School of Economics.' -- Ludvig Levasseur, Indian Institute of Management Bangalore, India
Reihe
Sprache
Verlagsort
Zielgruppe
Maße
Höhe: 234 mm
Breite: 156 mm
ISBN-13
978-1-0353-4186-3 (9781035341863)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Edited by Vishal K. Gupta, Professor, Department of Management, Culverhouse College of Business, The University of Alabama and Per L. Bylund, Johnny D. Pope Chair and Associate Professor, School of Entrepreneurship, Spears School of Business, Oklahoma State University, US
Contents
1 Introduction: Austrian economics in management and
entrepreneurship 1
Vishal K. Gupta and Per L. Bylund
2 Effectuation and the logic of action: critical assessment from a
praxeological perspective 9
Per L. Bylund and Vishal K. Gupta
3 Quasi-markets: a promising area for Austrian economic research 39
Niklas Elert and Magnus Henrekson
4 Connecting Austrian economics and women's entrepreneurship:
gender capital in action 65
Christine Woods
5 The Austrian school of strategy revisited 89
Mark D. Packard
6 Ecosystems, capital structure, and entrepreneurial action 113
Magnus Holmen, Roegnvaldur J. Saemundsson and Hakan Knutsson
7 Innovation: bridges between management and the Austrian school
131
Fernando A. M. C. D'Andrea
8 Psychic profit, entrepreneurial judgment, and hybrid
organizations 153
Mihai Vladimir Topan, Matthew McCaffrey and Carmen-
Elena Dorobat
9 Agent-based modeling for Austrian perspectives in management
and entrepreneurship research 180
Friederike Wall
10 Understanding the scholarly impact of Robert Jacobson's (1992)
"The 'Austrian' School of Strategy": a citation context study 216
Athina Skiadopoulou, Sanjay Chaudhary and Vishal K. Gupta
11 On imagination, complexity, dynamism, uncertainty, and
indeterminacy: a gathering of and meditation on the kaleidic
"bones" of entrepreneurship 249
Todd H. Chiles and Mark D. Packard
