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The paper considers company performance measures and the development of the Economic Value Added (EVA) indicator in volatile economies, particularly in the case of the Czech Republic. Methods used for pyramidal analysis, their assumptions, and their application possibilities are discussed. A...
Persistent link: https://www.econbiz.de/10008549911
English Abstract: The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement … and an alternative to the mainstream theory. In the first and the second sections, the author explains the main influences … of Ludwig von Mises and Friedrich August von Hayek's works on entrepreneurial theory. Section three analyzes pure …
Persistent link: https://www.econbiz.de/10014149263
The aim of the paper is to introduce Kirzner's theory of entrepreneurial discovery as a complement and an alternative … to the mainstream theory. In the first and the second sections, the author explains the main influences of Ludwig von … Mises and Friedrich August von Hayek's works on entrepreneurial theory. Section three analyzes pure entrepreneurial profit …
Persistent link: https://www.econbiz.de/10008752942
What is the role of entrepreneurship in economic development from the perspective of neo-Austrian and new institutional economics and what is the difference between these approaches? Neo-Austrian economists claim that economic development is caused by entrepreneurial discovery. New institutional...
Persistent link: https://www.econbiz.de/10008752948
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can start harsh price competition among remaining retailer. Quoted model of monopsony on market of production factor … selling price and consumer excess. …
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