Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81491
Authors: 
Kirzner, Israel M.
Year of Publication: 
2008
Series/Report no.: 
IFN Working Paper 760
Abstract: 
Israel M. Kirzner is the 2006 winner of The International Award for Entrepreneurship and Small Business Research (the FSF-Nutek Award). In this Prize Lecture he argues that a number of those who have commented on his work have misunderstood certain aspects of his theoretical system, and as a result the common distinction in the literature between “Schumpeterian” and “Kirznerian” entrepreneurs is flawed. He also argues that his understanding of the market process (set in motion by entrepreneurial decisions) provides a theoretical underpinning for public policy vis-à-vis entrepreneurship. Professor Kirzner’s main contributions to the economics of entrepreneurship were also presented and evaluated by Douhan, Eliasson and Henrekson (2007).
Subjects: 
Austrian economics
Economic development
Entrepreneurship
Small business economics
JEL: 
B49
B52
B53
O31
Document Type: 
Working Paper

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