Research Handbook on Austrian Economics in Management and Entrepreneurship

Edited by Vishal K. Gupta, Professor, Department of Management, Culverhouse College of Business, The University of Alabama and Per L. Bylund, Johnny D. Pope Chair and Associate Professor, School of Entrepreneurship, Spears School of Business, Oklahoma State University, US

• Contents1 Introduction: Austrian economics in management and entrepreneurship 1Vishal K. Gupta and Per L. Bylund2 Effectuation and the logic of action: critical assessment from a praxeological perspective 9Per L. Bylund and Vishal K. Gupta3 Quasi-markets: a promising area for Austrian economic research 39Niklas Elert and Magnus Henrekson4 Connecting Austrian economics and women’s entrepreneurship: gender capital in action 65Christine Woods5 The Austrian school of strategy revisited 88Mark D. Packard6 Ecosystems, capital structure, and entrepreneurial action 112Magnus Holmén, Rögnvaldur J. Saemundsson and Håkan Knutsson7 Innovation: bridges between management and the Austrian school 130Fernando A. M. C. D’Andrea8 Psychic profit, entrepreneurial judgment, and hybrid organizations 152Mihai Vladimir Topan, Matthew McCaffrey and Carmen-Elena Dorobat9 Agent-based modeling for Austrian perspectives in management and entrepreneurship research 179Friederike Wall10 Understanding the scholarly impact of Robert Jacobson’s (1992) “The ‘Austrian’ School of Strategy”: a citation context study 215Athina Skiadopoulou, Sanjay Chaudhary and Vishal K. Gupta11 On imagination, complexity, dynamism, uncertainty, and indeterminacy: a gathering of and meditation on the kaleidic “bones” of entrepreneurship 248Todd H. Chiles and Mark D. PackardIndex 286

‘Entrepreneurship is fundamentally about action and to understand entrepreneurship we need entrepreneurship action theory. Austrian Economics offers a cornerstone in such theorizing. In their book the Research Handbook on Austrian Economics in Management and Entrepreneurship Vishal K. Gupta and Per L. Bylund show how the Austrian perspective can be useful at the micro level to management and entrepreneurship scholars.'