Advanced Search
MyIDEAS: Login to save this article or follow this journal

Kirznerian Entrepreneurship and The Nature of The Firm

Contents:

Author Info

  • Langlois Richard N.

    (University of Connecticut)

Abstract

The paper argues that Israel Kirzner’s theory of entrepreneurship has been influential on a number of related “dynamic” theories of organization. Kirzner’s theory is animated by a dual concern – the process (rather than the result) of rentseeking behavior and the fundamental incompletness (rather than the mere asymmetric structure) of knowledge. Placed in a technological and institutional context, this theory points to the importance of dynamic transaction costs: the coordination costs of acting upon an innovative rent-seeking opportunity. In some contexts, this kind of cost can explain vertical integration; in other contexts, it can explain the reverse phenomenon: vertical disintegration.Cet article soutient que la théorie de l’entrepreneur d’Israel Kirzner a influencé un grand nombre de théories dynamiques de l’organisation. La théorie kirznerienne est animée par un objectif double : – le processus (plus que le résultat) de comportement de recherche de rente et l’incomplétude fondamentale (plus que la simple structure asymétrique) de la connaissance. Replacée dans un contexte technologique et institutionnel, cette théorie souligne l’importance des coûts de transaction dynamiques : les coûts de transaction liés à une opportunité dans la recherche de rente innovante. Dans certaines situations, cette catégorie de coûts peut expliquer l’intégration verticale ; dans d’autres, elle peut expliquer le phénomène inverse : la désintégration verticale.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.degruyter.com/view/j/jeeh.2002.12.1/jeeh.2002.12.1.1050/jeeh.2002.12.1.1050.xml?format=INT
Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by De Gruyter in its journal Journal des Economistes et des Etudes Humaines.

Volume (Year): 12 (2002)
Issue (Month): 1 (March)
Pages: 1-11

as in new window
Handle: RePEc:bpj:jeehcn:v:12:y:2002:i:1:n:8

Contact details of provider:
Web page: http://www.degruyter.com

Order Information:
Web: http://www.degruyter.com/view/j/jeeh

Related research

Keywords:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Jürgen Wandel, 2011. "Business groups and competition in post-Soviet transition economies: The case of Russian “agroholdings”," The Review of Austrian Economics, Springer, vol. 24(4), pages 403-450, December.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:bpj:jeehcn:v:12:y:2002:i:1:n:8. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.