Entrepreneurship, novel combinations, capital regrouping, and the structure-agency relationship: an introduction to the special issue on innovation and Austrian economics

Author:

Lewis Paul

Abstract

AbstractThis introduction outlines some key aspects of an Austrian perspective on innovation, which is viewed as an ongoing, dynamic process in which entrepreneurs combine heterogeneous capital resources in new ways order to develop and deploy new technologies, products, and methods of business organisation. It goes on to introduce the contributions to this special issue on Austrian economics and innovation.

Funder

King's College London

Publisher

Springer Science and Business Media LLC

Subject

General Economics, Econometrics and Finance

Reference66 articles.

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4. Buchanan, J. M. (1965). An economic theory of clubs. Economica, 32, 1–14.

5. Bush, V. (1945). Science: The endless frontier. A report to the president. Washington, DC: US Government Printing Office.

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