Quarterly Journal of Austrian Economics
Author:
Samuel Bostaph
Online Publish Date:
Volume 16, No. 4 (Winter 2013) ABSTRACT : This paper summarizes and compares the theories of entrepreneurship of Joseph A. Schumpeter and Israel M. Kirzner as presented in their major scholarly contributions to economic analysis. It is argued that Kirzner’s theory of entrepreneurial action as “the driving force of the market” contributes greatly