||5 of 5 people found the following review helpful.| Learning theory applied to entrepreneurship|By Howard Aldrich|In contrast to theories of entrepreneurs which portray them as heroic figures, omniscient clairvoyants, or lucky fools, Harper argues that, like all humans, entrepreneurs can learn from their experience. They make reasonable conjectures, observe what happens, and then revise the theories and assumptions that led to|About the Author|David Harper holds an advisory position with the New Zealand Treasury.
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...
[PDF.mh45] Entrepreneurship and the Market Process: An Enquiry into the Growth of Knowledge (Routledge Foundations of the Market Economy) Rating: 4.58 (521 Votes)
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