The Collaborative Innovation Bloc: A Reply to our Commentators

IFN Working Paper No. 1285

Review of Austrian Economics, Forthcoming

17 Pages Posted: 19 Jun 2019

See all articles by Niklas Elert

Niklas Elert

Research Institute of Industrial Economics (IFN)

Magnus Henrekson

Research Institute of Industrial Economics (IFN)

Date Written: June 11, 2019

Abstract

We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austrian economics more concrete, relevant and persuasive, especially regarding policy prescriptions. At the heart of this perspective is the idea that entrepreneurship, when construed as the act of building an innovative firm, is an inherently collaborative activity. The comments have strengthened our conviction that the EOE perspective is of value for Austrian economics and been of great help in furthering our thinking on the matter. The comments have also helped us see how the perspective fits in with the broader tradition of Austrian economics.

Keywords: Austrian economics, Entrepreneurship, Innovation, Institutions, Schumpeterian entrepreneurship, Spontaneous order

JEL Classification: B53, D20, G32, L23, L26, O33

Suggested Citation

Elert, Niklas and Henrekson, Magnus, The Collaborative Innovation Bloc: A Reply to our Commentators (June 11, 2019). IFN Working Paper No. 1285, Review of Austrian Economics, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3402611

Niklas Elert (Contact Author)

Research Institute of Industrial Economics (IFN) ( email )

Box 55665
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Magnus Henrekson

Research Institute of Industrial Economics (IFN) ( email )

P.O. Box 55665
Grevgatan 34
Stockholm, SE-10215
Sweden
+46-8-6654502 (Phone)
+46-8-6654599 (Fax)

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