Entrepreneurship: desde el Ludwig von Mises Institute

Aquí, por John Dellape

Extracto 1:

"I am hard-pressed to think of a more fitting time for the book Organizing Entrepreneurial Judgment: A New Approach to the Firm by Nicolai Foss and Peter Klein to be read. The book's aim is to integrate the study of entrepreneurship with the theory of the firm under economic analysis. Nationally and globally we are at a pivotal moment in which people need to understand how businesses function arnd the entrepreneurial abilities necessary for continued economic progress. Without further ado, I give you chapter 1 of the book."

Extracto 2:

"Chapter 1. The Need for an Entrepreneurial Theory of the Firm

Foss and Klein (FK) lament from the start the schism that has been erected in economic science between the firm and the entrepreneur. They argue that, for a full understanding of the firm, one must understand the entrepreneurs who make decisions within the firm; while for a full understanding of the entrepreneur, one must understand the environment of the firm in which he acts. Their effort is to make the needed connection where a substantial gap currently exists between the firm and the entrepreneur.
The Theory of the Firm in Economics

FK give evidence to show that "the economic and managerial analysis of the firm is a vibrant area of research and application." At the same time, "the theory of the firm as a contractual or organizational entity … is … a relatively new development" that emerged in the 1970s. The authors argue that it was Ronald Coase who first propelled the theory of the firm.
Entrepreneurship

FK also note that there has been a considerable push in the study of entrepreneurship within the past decade as economists have seen the entrepreneur more worthy of inspection in order to understand technological progress. FK pose the question "What is entrepreneurship?" Typically economists have either defined entrepreneurship in terms of either (1) an outcome or a phenomenon (self-employment, startups) or (2) a way of thinking or acting (creativity, innovation, alertness, etc.)."

Extracto CLAVE:

" [cita desde el propio libro comentado] The firm … is the entrepreneur and the assets he owns, and therefore ultimately controls. The theory of the firm is essentially a theory of how the entrepreneur exercises his judgmental decision-making — what combinations of assets will he seek to acquire, what (proximate) decisions will he delegate to subordinates, how will he provide incentives and employ monitoring to see that his assets are used consistently with his judgments, and so on."