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Capital, Entrepreneurship and Management: A New Austrian Theory of Organizations book cover

1st Edition

Capital, Entrepreneurship and Management A New Austrian Theory of Organizations

By Thierry Aimar Copyright 2025
142 Pages
by Routledge

142 Pages
by Routledge

142 Pages
by Routledge
Also available as eBook on:
Economic and organizational literature has long separated the figure of the capitalist and the manager, but it often continues to assimilate that of the capitalist and the entrepreneur around the notion of risk-bearing. Yet confusion between the two prevents any understanding of the essence of capitalism and delivers an erroneous and negative image of the private corporation. Taking care to... Read more

 General Introduction

Part I: Entrepreneur, or (and) Capitalist?

1.               Some Elements of an Austrian Debate

2.               A Functional Distribution of Incomes

3.               The Catallactic Functions in “Real-World Markets”

4.               From Discoveries to Creations:  An Extension of Entrepreneurship

5.               Pure Profit and Capital

Part II: Entrepreneurship and Management

6.               The Manager: What Definition?

7.               The Entrepreneur in Corporate Firms: Alertness and Judgment Reconsidered

8.               In Open Corporations, Who Is the Entrepreneur?

9.               The Advantages of a Reassessment

10.            A Genealogy of the Firm

 Part III: The Organization Versus Entrepreneurship

 11.            An Austrian Understanding of the Exploration-Exploitation Dilemma

12.            From Organizations to Institutions

13.            From Destructive Entrepreneur to Destructive Capitalist

14.            Entrepreneurs versus Capitalists

 General Conclusion

References

Index

Biography

Thierry Aimar is an Assistant Professor of Economics at the University of Lorraine (BETA) and Sciences Po Paris. He specializes in the Austrian School, Entrepreneurship, Corporate Governance and Market Systems.

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