Department of Management

Grabbling with the Kirznerian Heritage in a Time of Economic and Environmental Crisis

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  • Steffen Korsgaard
This chapter tries to grapple with the Kirznerian heritage of the entrepreneurship research field in light of the current financial crisis. This is done through the identification and discussion of three anomalies in the Kirznerian heritage as “normal science”; the socialized nature of entrepreneurship, the role of context, the relation between entrepreneurship and the environment. On the basis of this, three themes are developed, which explore how we might resolve the anomalies, while still retaining useful aspects of the Kirznerian heritage. The themes include; a functional definition of entrepreneurship with an extended conception of value to include non-economic forms of value; a continued exploration of uncertainty; and a shift in focus from opportunities to resources. Implications for research, teaching and policy are briefly introduced in the final section.
Original languageEnglish
Title of host publicationChallenging Entrepreneurship Research
EditorsHans Landström, Annaleena Parhankangas, Alain Fayolle, Phillippe Riot
Number of pages25
Publication year2016
ISBN (print)9781138922310
ISBN (Electronic)9781315685915
Publication statusPublished - 2016
SeriesRoutledge Rethinking Entrepreneurship Research

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