The Institutional Dynamics of Innovation
Routledge – 2011 – 288 pages
In this book, Alexander Ebner reconstructs the theory of entrepreneurship from an institutionalist perspective. It provides a fresh account of current theorising on entrepreneurship, specifically addressing Schumpeterian thought as well as Neo-Austrian, Neo-Schumpeterian and evolutionary approaches. A synthesis of these institutionalist arguments allows for outlining a new approach to the theory of entrepreneurship. It conceptualises the innovative generation and coordinative assimilation of technological novelty as an evolutionary process that is marked by paradigmatic qualities. The underlying emphasis on the relationship between institutional and technological change informs a reconsideration of the institutional embeddedness of entrepreneurship.
1. Introduction 2. Entrepreneurship in Economic Thought: An Intellectual History 3. The Schumpeterian Perspective: Novelty, Leadership, and Historicity 4. Neo-Austrian Contributions: Knowledge, Alertness and Discovery 5. The Evolutionary Challenge: Routines, Cognition and Variety 6. Beyond Growth and Development: Microfoundations of Economic Change 7. Neo-Schumpeterian Variations: Collective Entrepreneurship and Systems of Innovation 8. Innovation, Coordination, and the Paradigmatic Character of Entrepreneurship: A New Approach 9. Embedded Entrepreneurship: Policy Implications 10. Conclusion