A Tale of Two Kirzners: Time, Uncertainty and the "Nature" of Opportunities

Steffen Korsgaard, Henrik Berglund, Claus Thrane, Per Blenker

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Abstract

This paper discusses the influence of Israel Kirzner on the field of entrepreneurship research. We review Kirzner’s work and argue that it contains two distinct approaches to entrepreneurship, termed Kirzner Mark I and Kirzner Mark II. Mark I with its focus on alertness and opportunity discovery has exerted a strong influence on entrepreneurship research in the last decade, and helped catapult the field forward. We propose that Mark II, with its emphasis on time, uncertainty and creative action in pursuit of imagined opportunities, complements the discovery view and can provide an alternative conceptual grounding for the decade to come.
OriginalsprogEngelsk
TidsskriftEntrepreneurship Theory and Practice
Vol/bind40
Udgave nummer4
Sider (fra-til)867-889
Antal sider23
ISSN1042-2587
DOI
StatusUdgivet - 2016
Udgivet eksterntJa

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