An edition of Entrepreneurship and the market process (1996)
Entrepreneurship and the market process
an enquiry into the growth of knowledge
By David A. Harper
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Publish Date
1996
Publisher
Routledge
Language
eng
Pages
432
Description:
Entrepreneurship is central to the market process, and yet most theories on the subject 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 entrepreneur 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 entrepreneurial ideas turn out to be mistakes, at least in their original form.