We develop and validate measures of causation and effectuation approaches to new
venture creation and test our measures with two samples of entrepreneurs in young firms …

This paper examines the relationship between resource-based theory and entrepreneurship
and develops insights that advance the boundaries of resource-based theory and begin to …

The greatest obstacle to sound economic policy is not entrenched special interests or
rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases …

abstract We review and develop a subjectivist theory of entrepreneurship that focuses on
individuals, their knowledge, resources and skills, and the processes of discovery and …

A conceptual framework is extended to take into account differences between inexperienced
novice entrepreneurs (that is, individuals with no prior private business ownership …

This paper addresses the concept of serendipity in entrepreneurship, defined as search
leading to unintended discovery. It conceptually delineates serendipity, showing how it is …

This is an excellent book. The conceptual framework and empirical results are presented in
a most readable form. The reader is also provided with a comprehensive discussion of the …

It is surely Israel M. Kirzner who has promoted the role of the entrepreneur more than any
other author in the second half of the twentieth century. His description of the market process …

Abstract Supporters of Kaldor-Hicks believe it useful to have a quantitative measure to
assess the efficiency of different situations. Although it may appear convenient to be able to …

For more than forty years, economists have routinely rejected the postulate that economic
theory should be realistic. Ever since Milton Friedman (1953) sketchily outlined a positivistic …