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Positioning in Time and Space

In: Informational Entrepreneurship in a World with Limited Insight

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  • James O. Fiet

    (University of Louisville)

Abstract

Schumpeter in The Journal of Economic History, 7: 149–159, 1947, Schumpeter in The Theory of Economic Development. Oxford University Press. 1961) looked forward to the routinizationroutinization of the discoverydiscovery process. However, the only way that it could be routinized would be if its key processes were structural and could be relied on to be slow-to-change. Otherwise, experimental or experiential controls would be nearly impossible to implement. In this chapter, we will see that two processes whose influence never wane are the effects of timetime and spacespace, which have existed prior to our understanding the role of specific informationinformation and how it can be monopolized to leverage a competitive advantage. Unfortunately, we do not think of time and space coming with their own dimensions so that they can be measured and gauged with regard to their effects on entrepreneurs. The concept of routines could change how scholars guage entrepreneurial activity.

Suggested Citation

  • James O. Fiet, 2023. "Positioning in Time and Space," Springer Books, in: Informational Entrepreneurship in a World with Limited Insight, chapter 0, pages 25-48, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-16532-0_2
    DOI: 10.1007/978-3-031-16532-0_2
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