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The foundations of the theory of entrepreneurship in austrian economics - Menger and Böhm-Bawerk on the entrepreneur

Author

Listed:
  • Gilles Campagnolo

    (CEPERC - Centre d'EPistémologie et d'ERgologie Comparatives - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique, GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique)

  • Christel Vivel

    (ESDES - ESDES, Lyon Business School - UCLy - UCLy - UCLy (Lyon Catholic University))

Abstract

The contributions of Austrian Marginalists Carl Menger (1840-1921) and his first disciple, Eugen von Böhm-Bawerk (1851-1914), to the analysis of business practice and entrepreneurship reached beyond a mere by-product of the building of the so-called ‘Austrian School of economics' as an alternative paradigm to the well-known ‘German Historical School'. Menger's and Böhm-Bawerk's multifaceted views on business and analysis of entrepreneurship rapidly emerged among their concerns in their writings and deeds (at Imperial Austria's government). Menger's and Böhm-Bawerk's works raise the issue of which traits entrepreneurs and capitalists share, how to differentiate them and observe a new type of economic agent in the bud. As we put their seminal works in the context of the late period of the Austro-Hungarian Empire, we disentangle their views on the entrepreneur and show how they paved the way for ideas later for Schumpeter to popularize.

Suggested Citation

  • Gilles Campagnolo & Christel Vivel, 2014. "The foundations of the theory of entrepreneurship in austrian economics - Menger and Böhm-Bawerk on the entrepreneur," Post-Print hal-01474418, HAL.
    • Handle: RePEc:hal:journl:hal-01474418
    DOI: 10.3917/rpec.151.0049
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    Cited by:

    1. Vuong, Quan-Hoang, 2018. "From Economic Complexities to Computational Entrepreneurship," OSF Preprints kqbmg, Center for Open Science.
    2. Vuong, Quan-Hoang, 2018. "Sự trỗi dậy của Computational Entrepreneurship," OSF Preprints 6n9wb, Center for Open Science.
    3. Vuong, Quan-Hoang & La, Viet-Phuong & Ho, Manh-Toan & Vuong, Thu-Trang & Hoang, Hanh Phuong, 2019. "What have Vietnamese scholars learned from researching entrepreneurship?: A systematic review," OSF Preprints uhwmn, Center for Open Science.
    4. Gilles Campagnolo, 2021. "Vingt ans d’études sur le fondateur de l’école autrichienne d’économie, Carl Menger (1840-1921)," Post-Print hal-03895813, HAL.

    More about this item

    Keywords

    Economie quantitative;

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