• CFP: Bricolage in Art and Entrepreneurship

    Updated: 2012-03-28 22:15:44
    | Peter Klein | Bricolage — doing the best you can with the materials on hand, rather than choosing and end and getting the resources you need — is an important concept in the contemporary entrepreneurship literature. Garud and Karnøe’s influential 2003 paper on the Danish wind power industry helped bring bricolage into the mainstream, [...]

  • Bernanke: Fed Prevented ‘Meltdown’ But Was ‘Helpless’ to Save Lehman

    Updated: 2012-03-28 11:45:00
    In the third of four lectures to students at George Washington University, Federal Reserve Chairman Ben Bernanke said Tuesday that U.S. government intervention during the financial crisis prevented a "total meltdown" in the U.S. economy.

  • The Socialist Car

    Updated: 2012-03-23 14:32:22
    | Peter Klein | I blogged previously about Lewis Siegelbaum’s 2008 book Cars for Comrades: The Life of the Soviet Automobile (or, more precisely, Perry Patterson’s EH.Net review). So I need to say something about the follow up, The Socialist Car: Automobility in the Eastern Bloc (Cornell University Press, 2011), an essay collection edited by [...]

  • Capabilities and Organizational Economics Once More

    Updated: 2012-03-18 14:54:29
    | Nicolai Foss | As readers of this blog will know, the dialogue between the firm capabilities literature and organizational economics has a long history in management research and economics. Co-blogger Dick Langlois has been an important contributor in this space. The forty years long discussion (dating it from George B. Richardson’s 1972 hint that his newly coined [...]

  • Economists, (Hard) Data, and (Soft) Data

    Updated: 2012-03-17 15:51:14
    | Nicolai Foss | Economists have typically been suspicious of data generated by (mail, telephone) surveys and interviews, and have idolized register data. The former are soft and mushy data, the latter are hard and serious ones. I have always been a bit sceptical regarding whether the traditional economist’s suspicion of soft data is really that [...]

  • Lazear and Spletzer on Creative Destruction

    Updated: 2012-03-12 16:25:46
    | Peter Klein | What labor economists call “churn” is an important part of creative destruction, the combining and recombining of productive resources as business entities appear and disappear. New paper: Hiring, Churn and the Business Cycle Edward P. Lazear, James R. Spletzer NBER Working Paper No. 17910 Issued in March 2012 Churn, defined as [...]

  • First Copies of the New Book

    Updated: 2012-03-07 22:48:46
    | Peter Klein | Nicolai was in town yesterday to deliver the 2012 Sherlock Hibbs Distinguished Lecture in Economics and Business, and he gave a terrific talk about “open entrepreneurship,” the application of concepts and principles from the open innovation literature to the discovery, evaluation, and exploitation of entrepreneurial opportunities. Upon returning to my office [...]

  • Hayek on Schumpeter on Methodological Individualism

    Updated: 2012-03-06 05:32:47
    | Peter Klein | Our QOTD comes from the 2002 version of Hayek’s “Competition as a Discovery Procedure.” (Thanks to REW for the inspiration.) Hayek delivered two versions of the lecture, both in 1968, one in English and one in German. The former appeared in Hayek’s 1978 collection New Studies in Philosophy, Politics, Economics, and [...]

Current Feed Items | Previous Months Items

Feb 2012 | Jan 2012 | Dec 2011