Entrepreneurship and the Market Process : An Enquiry into the Growth of Knowledge

by David A Harper

Book Details

Format Paperback / Softback

Book Series Routledge Foundations of the Market Economy

ISBN-10 0415756588

ISBN-13 9780415756587

Publisher Taylor & Francis Ltd

Imprint Routledge

Country of Manufacture GB

Country of Publication GB

Publication Date Dec 23rd, 2014

Print length 432 Pages

Weight 544 grams

Product Classification: Entrepreneurship

AI Summary

Ksh 10,600.00

Werezi Extended Catalogue 0 in stock

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Though central to the market process, entrepreneurship is often overlooked by theorists. This work presents the entrepreneur as theorist, developing ideas to be tested in the market, creating new ventures through trial and error.

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.

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