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The value of delays: market- and policy-induced adjustment processes as a motivating factor in dynamic entrepreneurship

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  • Lambert Koch
  • Marc Grünhagen

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Abstract

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Suggested Citation

  • Lambert Koch & Marc Grünhagen, 2009. "The value of delays: market- and policy-induced adjustment processes as a motivating factor in dynamic entrepreneurship," Journal of Evolutionary Economics, Springer, vol. 19(5), pages 701-724, October.
  • Handle: RePEc:spr:joevec:v:19:y:2009:i:5:p:701-724
    DOI: 10.1007/s00191-008-0130-8
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    References listed on IDEAS

    as
    1. Koch, Lambert, 1996. "Evolutorische Wirtschaftspolitik," Untersuchungen zur Ordnungstheorie und Ordnungspolitik, Mohr Siebeck, Tübingen;Walter Eucken Institut, Freiburg, Germany, edition 1, volume 33, number urn:isbn:9783161465550.
    2. Geoffrey Hodgson & Thorbjørn Knudsen, 2004. "The firm as an interactor: firms as vehicles for habits and routines," Journal of Evolutionary Economics, Springer, vol. 14(3), pages 281-307, July.
    3. Cantner, Uwe & Pyka, Andreas, 2001. "Classifying technology policy from an evolutionary perspective," Research Policy, Elsevier, vol. 30(5), pages 759-775, May.
    4. Hisrich, Robert D. & Jankowicz, A. D., 1990. "Intuition in venture capital decisions: An exploratory study using a new technique," Journal of Business Venturing, Elsevier, vol. 5(1), pages 49-62, January.
    5. Witt, Ulrich, 1996. "Innovations, Externalities and the Problem of Economic Progress," Public Choice, Springer, vol. 89(1-2), pages 113-130, October.
    6. Jeroen C. J. M. van den Bergh & John M. Gowdy, 2003. "The microfoundations of macroeconomics: an evolutionary perspective," Cambridge Journal of Economics, Oxford University Press, vol. 27(1), pages 65-84, January.
    7. Geoffrey M. Hodgson, 2002. "Darwinism in economics: from analogy to ontology," Journal of Evolutionary Economics, Springer, vol. 12(3), pages 259-281.
    8. Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132-132.
    9. Yuen Ping Ho & Poh Kam Wong, 2005. "Availability of Financing, Regulatory Business Costs and National Entrepreneurial Propensity," Industrial Organization 0504025, EconWPA, revised 03 Aug 2005.
    10. Cowan, Robin, 1989. "Technological Variety And Competition: Issues Of Diffusion And Intervention," Working Papers 89-23, C.V. Starr Center for Applied Economics, New York University.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Evolutionary entrepreneurship; Evolutionary economic policy; Opportunity exploitation; Window of opportunity; Disease management; B52; I18; L26; O38;

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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