A Tale of Two Kirzners: Time, uncertainty and the 'nature' of opportunities.

Steffen T. Korsgaard, Henrik Berglund, Claus Thrane, Per Blenker

    Research output: Contribution to conferencePaperResearchpeer-review

    Abstract

    This paper takes its starting point in the massive influence that the work of Kirzner has had on the field of entrepreneurship research. We show in the paper that the work of Kirzner holds two distinct and different descriptions of entrepreneurship. One that discusses entrepreneurship in an artificial single time period situation, emphasizing reactive alertness (Kirzner Mark I), and one that sees entrepreneurship as unfolding over time, thus emphasizing proactive speculation and creativity (Kirzner Mark II). Strangely, it is the first of these descriptions that has been used by entrepreneurship scholars. We propose to shift the focus to the latter description and show how this results in new ontological underpinnings of entrepreneurship research as well as new sets of research questions.

    Original languageEnglish
    Publication date2010
    Number of pages15
    Publication statusPublished - 2010
    EventNordic Conference on Small Business Research - Kolding, Denmark
    Duration: 20 May 201021 May 2010
    Conference number: 16

    Conference

    ConferenceNordic Conference on Small Business Research
    Number16
    Country/TerritoryDenmark
    CityKolding
    Period20/05/201021/05/2010

    Keywords

    • Entrepreneurship
    • Kirzner

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