Entrepreneurship and the Market Process: An Enquiry into the Growth of Knowledge (Routledge Foundations of the Market Economy)

Type
Book
Authors
ISBN 10
0415756588 
ISBN 13
9780415756587 
Category
Unknown  [ Browse Items ]
Edition
Publication Year
2014 
Publisher
Pages
432 
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Abstract
 
Description
Enterpreneurship is central to the market process, and yet most theories of it fail to tackle the problem of how economic agents learn from their experience. This book redresses this by systematically applying the ideas of Karl Popper. It treats the entrepeneur as a theorist who develops conjectures which are then tested by exposure to the market, in an effort to eliminate errors. This is a critical aspect of the development of new ventures, as most entrepeneurial ideas turn out to be mistakes, at least in their original form. - from Amzon 
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