Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/183451 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
IFN Working Paper No. 1222
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
We argue that scholars in the Austrian tradition of economics should incorporate the notion of a collaborative innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an innovation bloc of this kind, a system of innovation that evolves and within which activity takes place through time. The innovation bloc consists of five pools of economic skills from which people are drawn or recruited to form part of a collaborative team, which is necessary if innovation-based venturing is to flourish. The five skills are entrepreneurs, early- and later-stage-financiers, key personnel, and customers. Through real-world examples, we show how the application of the collaborative innovation bloc perspective could help make Austrian economics more concrete, relevant and persuasive, especially in regard to policy prescriptions.​
Schlagwörter: 
Austrian Economics
Entrepreneurship
Innovation
Institutions
Schumpeterian entrepreneurship
Spontaneous order
JEL: 
B53
D20
G32
L23
L26
O33
Dokumentart: 
Working Paper

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