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dc.contributor.authorKlein, Peter G.
dc.contributor.authorFoss, Nicolai Juul
dc.date.accessioned2010-05-12T10:20:58Z
dc.date.available2010-05-12T10:20:58Z
dc.date.issued2008-10
dc.identifier.issn1503-5093
dc.identifier.urihttp://hdl.handle.net/11250/164318
dc.description.abstractThe entrepeneurship literature in management focuses increasingly on opportunities — their creation or discovery, evaluation, and exploitation — as the unit of analysis. We argue first, that the opportunity perspective emerged from the “functional” literature in the economics of entrepreneurship (mainly the works of Israel Kirzner), a literature that emphasizes not the in- dividual entrepreneur per se, but the functions (e.g., market clearing) that entrepreneurs under- take in a market economy; second, that most notions of entrepreneurship in economics and management are not easily integrated into the theory of the firm; third, that the popular em- phasis on opportunity discovery tends to direct attention from opportunity exploitation; and fourth, that the Cantillon-Mises-Knight view of entrepreneurship as judgment links more na- turally with the economic theory of the firm.en
dc.language.isoengen
dc.publisherNorwegian School of Economics and Business Administration. Department of Strategy and Managementen
dc.relation.ispartofseriesDiscussion paperen
dc.relation.ispartofseries2008:3en
dc.subjecttheories of entrepreneurshipen
dc.subjectjudgmenten
dc.subjectopportunity discoveryen
dc.titleThe unit of analysis in entrepreneurship research : opportunities or investments?en
dc.typeDoctoral thesisen
dc.subject.nsiVDP::Samfunnsvitenskap: 200::Økonomi: 210::Bedriftsøkonomi: 213en


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