A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner

John Mathews

A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner

John Mathews

Macquarie Graduate School of Management

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

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Abstract

Nothing would seem to be more opposed than the Schumpeterian and Kirznerian conceptions of entrepreneurship – the one driving the economic system away from equilibrium, the other driving the system towards equilibrium. In this paper an original solution to this conundrum is offered, by focusing on different evolutionary processes operating simultaneously within the business system. Along the way, the paper sheds light on the nature of entrepreneurial dynamics, viewed from an evolutionary perspective, and their capacity to generate the variety that is the dominant characteristic of the resilient and innovative capitalist system.

Original language	English
Title of host publication	DRUID Summer Conference 2006 on Knowledge Innovation and Competitiveness
Subtitle of host publication	Dynamics of Firms, Networks, Regions and Institutions, June 18-20 2006 : proceedings
Place of Publication	Copenhagen
Publisher	Danish Research Unit for Industrial Dynamics
Pages	1-20
Number of pages	20
Publication status	Published - 2006
Event	DRUID Summer Conference 2006 - Copenhagen Duration: 18 Jun 2006 → 20 Jun 2006

Conference

Conference	DRUID Summer Conference 2006
City	Copenhagen
Period	18/06/06 → 20/06/06

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Author final versionAccepted author manuscript, 254 KBLicence: Unspecified

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title = "A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner",

abstract = "Nothing would seem to be more opposed than the Schumpeterian and Kirznerian conceptions of entrepreneurship – the one driving the economic system away from equilibrium, the other driving the system towards equilibrium. In this paper an original solution to this conundrum is offered, by focusing on different evolutionary processes operating simultaneously within the business system. Along the way, the paper sheds light on the nature of entrepreneurial dynamics, viewed from an evolutionary perspective, and their capacity to generate the variety that is the dominant characteristic of the resilient and innovative capitalist system.",

author = "John Mathews",

year = "2006",

language = "English",

pages = "1--20",

booktitle = "DRUID Summer Conference 2006 on Knowledge Innovation and Competitiveness",

publisher = "Danish Research Unit for Industrial Dynamics",

note = "DRUID Summer Conference 2006 ; Conference date: 18-06-2006 Through 20-06-2006",

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Mathews, J 2006, A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner. in DRUID Summer Conference 2006 on Knowledge Innovation and Competitiveness: Dynamics of Firms, Networks, Regions and Institutions, June 18-20 2006 : proceedings. Danish Research Unit for Industrial Dynamics, Copenhagen, pp. 1-20, DRUID Summer Conference 2006, Copenhagen, 18/06/06.

A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner. / Mathews, John.
DRUID Summer Conference 2006 on Knowledge Innovation and Competitiveness: Dynamics of Firms, Networks, Regions and Institutions, June 18-20 2006 : proceedings. Copenhagen: Danish Research Unit for Industrial Dynamics, 2006. p. 1-20.

Research output: Chapter in Book/Report/Conference proceeding › Conference proceeding contribution › peer-review

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A Strategic and evolutionary perspective on entrepreneurial dynamics: reconciling Schumpeter with Kirzner

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