Why Innovations have to Overcome Routine

Q2 Arts and Humanities

History of Economic Ideas Pub Date : 2006-01-01 DOI:10.1400/76923

P. Kesting

引用次数: 6

Abstract

This paper argues why it is useful to build a theory of entrepreneurship based on a concept of routine. In particular, this paper offers two reasons : First, routine theory provides a convincing decision theoretic foundation for entrepreneurship and its dichotomous distinction from « ordinary production ». Second, in contrast to traditional decision theory, routine theory is capable of producing the main characteristics that Schumpeter as well as many evolutionary economists have assigned to entrepreneurship, such as path dependencies, ignorance and learning, and the meaning of personality traits like leadership potential for entrepreneurship.

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为什么创新必须克服常规

本文论述了为什么建立一个基于常规概念的创业理论是有用的。本文特别提出了两个原因:首先，常规理论为企业家精神及其与“普通生产”的二分法区分提供了令人信服的决策理论基础。其次，与传统决策理论相比，常规理论能够产生熊彼特以及许多进化经济学家赋予企业家精神的主要特征，如路径依赖、无知和学习，以及领导潜力等人格特征对企业家精神的意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

History of Economic Ideas Arts and Humanities-History

CiteScore

0.50

自引率

0.00%

发文量

期刊介绍： History of Economic Ideas is a new international series of Quaderni di storia dell''economia politica, a journal founded in 1983 to promote collaboration between scholars who share an historical approach to the major issues, the various "revolutions" which have left their mark on economics and the spread of economic ideas beyond the narrow circle of specialists. History of Economic Ideas rejects the dichotomy between "analysis" and "culture": both aspects are of equal importance for a wider understanding of the subject. In a period such as our own, where paradigms which once seemed unshakeable are now being challenged, a multidisciplinary analysis of the historical development of economics might contribute to shedding light on the issues at the root of current debate. Besides essays and critical surveys, the journal includes archive material and reviews of new books on history of economics. History of Economic Ideas is double-blind peer reviewed.