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Date : 2012-04-09

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Organizing Entrepreneurial Judgment A New Approach to the ~ The actual content of entrepreneurial judgment has far reaching implications not only for theories of the firm but more generally for economic organization This is a path breaking book Foss and Klein connect the growing entrepreneurship literature with the rich theories of the organization

Organizing Entrepreneurial Judgment A New Approach to the ~ This book fills this gap by proposing and developing an entrepreneurial theory of the firm that focuses on the connections between entrepreneurship and management Drawing on insights from Austrian economics it describes entrepreneurship as judgmental decision made under uncertainty showing how judgment is the driving force of the market economy and the key to understanding firm performance and organization

Organizing entrepreneurial judgment A new approach to the ~ Likewise while Foss and Kleins 2012 book Organizing entrepreneurial judgment A new theory of the firm is in many ways a remarkable achievement which we encourage all students

Organizing Entrepreneurial Judgment A New Approach to the ~ Organizing Entrepreneurial Judgment A New Approach to the Firm By Nicolai J Foss and Peter G Klein Cambridge University Press Cambridge 2012 xxii 299 pp Pbk 3699

Organizing Entrepreneurial Judgment A New Approach to the ~ Organizing Entrepreneurial Judgment A New Approach to the Firm Entrepreneurship long neglected by economists and management scholars has made a dramatic comeback in the last two decades not only among academic economists and management scholars but also among policymakers educators and practitioners

Book Review Organizing Entrepreneurial Judgment A New ~ The fundamental influence behind the authors’ approach is the theory of the entrepreneur developed by Frank Knight who emphasized judgment as the key component of entrepreneurship This theory views entrepreneurship as a particular type of action specifically the exercise of judgment regarding the use of resources under conditions of uncertainty

Organizing Entrepreneurial Judgment by Nicolai J Foss ~ This book fills this gap by proposing and developing an entrepreneurial theory of the firm that focuses on the connections between entrepreneurship and management Drawing on insights from Austrian economics it describes entrepreneurship as judgmental decision made under uncertainty showing how judgment is the driving force of the market economy and the key to understanding firm performance and organization

Organizing Entrepreneurial Judgment A New Approach to the ~ The defining characteristic of an entrepreneur is judgment under conditions of uncertainty 1 There is a startup bias in entrepreneur study which considers an entrepreneur to be someone who founds a firm There is also a bias that considers an entrepreneur to be someone who is self employed

Book review Organizing entrepreneurial judgment A new ~ In this approach the existence of the firm may be understood in terms of limits to the market for judgment relating to novel uses of heterogeneous assets and the boundaries of the firm as well