Entrepreneurship and the Market Process

An Enquiry into the Growth of Knowledge

Business & Finance, Economics
Cover of the book Entrepreneurship and the Market Process by David A Harper, Taylor and Francis
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Author: David A Harper ISBN: 9781134791590
Publisher: Taylor and Francis Publication: January 8, 2002
Imprint: Routledge Language: English
Author: David A Harper
ISBN: 9781134791590
Publisher: Taylor and Francis
Publication: January 8, 2002
Imprint: Routledge
Language: English

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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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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