Entrepreneurs in a competitive economy face three fundamental problems. They need to
search for and discover a business opportunity, evaluate it, and then seize the opportunity to …

This paper responds to Kim and Mahoney's" How Property Rights Economics Furthers the
Resource-Based View: Resources, Transaction Costs and Entrepreneurial Discovery"(a …

As a result of Williamson's pioneering work in relating the theoretical concept of transaction
costs to real-world organizational and contractual activities, the field of transaction-cost …

While the two fields of entrepreneurship and strategic management have developed largely
independent of each other, scholars in both fields have long been interested in …

Do entrepreneurs need business firms to carry out their function? Are business firms run by
entrepreneurs, or by hired managers? Economists have been thinking and writing about …

Formal economic models of entrepreneurship have two characteristics: they model
entrepreneurship as an allocation of resources, and they identify common factors affecting …

Although an understanding of the sources of entrepreneurial opportunity is essential to
explaining the emergence, transformation, and economic impact of organizations, little …

Entrepreneurship has become a fast-growing subfield in management research, and is
increasingly appearing in economics, finance, and even law. We survey a number of …

The entrepeneurship literature in management focuses increasingly on opportunities—their
creation or discovery, evaluation, and exploitation—as the unit of analysis. We argue first …

Entrepreneurship has been considered a way to implement interpersonal authority, ie, to
convince other persons to use their resources in an alternative way to the optimal one in …