Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics

Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics Review of Austrian Economics, 11: 99–109 (1999) ° c 1999 Kluwer Academic Publishers Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics ULRICH WITT n popular understanding, firms and entrepreneurs are closely related entities: an entrepreneur without a firm is difficult to imagine, and the fate of a firm usually hinges upon who takes the entrepreneurial lead. Curiously enough, economic theorizing has not taken much interest in the relationship between entrepreneurship and the firm as an organizational form. Theories focussing on the entrepreneurial element in the economy, in particular the contributions in the Austrian tradition, have paid hardly any attention to the role of the firm, while the various theories of the firm have largely disregarded the role of the entrepreneur (see Loasby (1991); an exception is Casson (1982) who, however, deals with the matter in a somewhat eclectic way). The entrepreneur has been a central figure in Austrian economics since Ludwig von Wieser’s teachings at the beginning of the century (Streissler (1982)), a figure which was presented as something like a personification of the forces of change driving the economic process. Schumpeter (1912/1934) stylized Wieser’s view into a theory of entrepreneurial capabilities with elitist http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics

Loading next page...
 
/lp/springer_journal/do-entrepreneurs-need-firms-a-contribution-to-a-missing-chapter-in-nGLT4exJbH
Publisher
Kluwer Academic Publishers
Copyright
Copyright © 1999 by Kluwer Academic Publishers
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1023/A:1007780124524
Publisher site
See Article on Publisher Site

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 12 million articles from more than
10,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Unlimited reading

Read as many articles as you need. Full articles with original layout, charts and figures. Read online, from anywhere.

Stay up to date

Keep up with your field with Personalized Recommendations and Follow Journals to get automatic updates.

Organize your research

It’s easy to organize your research with our built-in tools.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

Monthly Plan

  • Read unlimited articles
  • Personalized recommendations
  • No expiration
  • Print 20 pages per month
  • 20% off on PDF purchases
  • Organize your research
  • Get updates on your journals and topic searches

$49/month

Start Free Trial

14-day Free Trial

Best Deal — 39% off

Annual Plan

  • All the features of the Professional Plan, but for 39% off!
  • Billed annually
  • No expiration
  • For the normal price of 10 articles elsewhere, you get one full year of unlimited access to articles.

$588

$360/year

billed annually
Start Free Trial

14-day Free Trial