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Description
  • Podnikání a ekonomický rozvoj - rakouský a nový institucionální pohled (cs)
  • The paper focuses on entrepreneurship as an essential cause of economic development. It attempts to find differences and logical connection between the Austrian and New Institutional view. The first section starts with an explanation of the influence of Ludwig von Mises and Friedrich August von Hayek on the view of the entrepreneurial activity presented by Israel M. Kirzner. As a unique Austrian, Joseph A. Schumpeter is considered, whose innovative and creatively destructive entrepreneurial activity is explained. It is argued that alert and creative entrepreneurial activities are interrelated, because both imply autonomous decision-making. The second section is dedicated to the New Institutional view of entrepreneurship starting with an explanation of Frank Knight's arguments. Since Ronald Coase sees an entrepreneur as the entrepreneur-coordinator of the production process the calculation of transaction cost is his responsibility. The entrepreneur reduces uncertainty by adapting himself to different e
  • The paper focuses on entrepreneurship as an essential cause of economic development. It attempts to find differences and logical connection between the Austrian and New Institutional view. The first section starts with an explanation of the influence of Ludwig von Mises and Friedrich August von Hayek on the view of the entrepreneurial activity presented by Israel M. Kirzner. As a unique Austrian, Joseph A. Schumpeter is considered, whose innovative and creatively destructive entrepreneurial activity is explained. It is argued that alert and creative entrepreneurial activities are interrelated, because both imply autonomous decision-making. The second section is dedicated to the New Institutional view of entrepreneurship starting with an explanation of Frank Knight's arguments. Since Ronald Coase sees an entrepreneur as the entrepreneur-coordinator of the production process the calculation of transaction cost is his responsibility. The entrepreneur reduces uncertainty by adapting himself to different e (en)
Title
  • Podnikání a ekonomický rozvoj - rakouský a nový institucionální pohled (cs)
  • Entrepreneurship and Economic Development: Austrian and New Institutional Approaches
  • Entrepreneurship and Economic Development: Austrian and New Institutional Approaches (en)
skos:prefLabel
  • Podnikání a ekonomický rozvoj - rakouský a nový institucionální pohled (cs)
  • Entrepreneurship and Economic Development: Austrian and New Institutional Approaches
  • Entrepreneurship and Economic Development: Austrian and New Institutional Approaches (en)
skos:notation
  • RIV/62156489:43110/08:00124078!RIV08-MSM-43110___
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  • 366294
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  • RIV/62156489:43110/08:00124078
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  • austrian economics, entrepreneurship, new institutional economics (en)
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  • [5BF4F29662FF]
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  • Otáhal, Tomáš
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http://localhost/t...ganizacniJednotka
  • 43110
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