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An entrepreneurial theory of the firm /

Traditional theories of the firm have concentrated on such topics as technology, evolution and transaction costs whilst failing to account for one of the most fundamental aspects of the market process: entrepreneurial activity. Using an approach consistent with the modern Austrian School, Frederic S...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Sautet, Frédéric E.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: London : Taylor & Francis, 2000.
Colección:Foundations of the market economy series.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 3 |a An entrepreneurial theory of the firm /  |c Frédéric F. Sautet ; with a foreword by Israel M. Kirzner. 
260 |a London :  |b Taylor & Francis,  |c 2000. 
300 |a 1 online resource 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
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490 1 |a Foundations of the market economy 
504 |a Includes bibliographical references and index. 
520 |a Traditional theories of the firm have concentrated on such topics as technology, evolution and transaction costs whilst failing to account for one of the most fundamental aspects of the market process: entrepreneurial activity. Using an approach consistent with the modern Austrian School, Frederic Sautet has developed the open-ended theories initiated by Hayek and Mises to bring a fresh perspective to conventional economic theory. An Entrepreneurial Theory of the Firm makes a thorough and comprehensive enquiry into the nature of the relationship that exists between firms and markets, with separate, in-depth explorations of the issues of both the existence and inner organisation of the firm. Sautet develops a model that explains the emergence of the firm in the market process as the result of entrepreneurial activity in the context of genuine uncertainty. The Austrian angle enables him to provide a theory that is both alternative and complementary to established viewpoints. This original, provocative work offers a thorough and convincing theory that encompasses a wealth of existing literature and leads it in an entirely new direction.; It will inspire and be of great interest to economics scholars. 
505 0 |a Book Cover; Title; Contents; List of figures; Foreword; Acknowledgments; GENERAL INTRODUCTION; THE ECONOMICS OF THE FIRM, THE MARKET THEORY PROBLEM AND TRANSACTION COST ECONOMICS; The four rationales of the firm; The Market Theory Problem; The MTP and transaction cost economics; A brief assessment of two relevant alternatives to the transaction cost view; Are the above approaches sufficient?; Conclusion: the MTP and beyond; THE LACHMANNIAN PROBLEM, THE PROMOTER AND THE EMERGENCE OF THE FIRM; On the importance of the prime mover: the entrepreneur; A view of the Lachmannian problem. 
505 8 |a The limits of the transaction costs perspectiveA theory of the emergence of the firm: the exploitability thesis; Towards a solution to the Lachmannian problem; The distinctive nature of the firm; Conclusion; CAPABILITIES, ENTREPRENEURSHIP, CENTRAL PLANNING AND THE GROWTH OF THE FIRM; An Austrian view of capabilities theory; Knowledge problems, incentives, capabilities and the complex firm; The multidivisional corporation as the archetype of the complex firm; Concluding remarks; GENERAL CONCLUSION; Notes; Bibliography; Index. 
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650 0 |a Transaction costs. 
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