Why The Entrepreneurial Solution Is Always Better.
What’s the best solution for any customer need? It’s always going to be the entrepreneurial solution, whatever the source.
Hi, Hunter Hastings here - I'm an economist by education, a marketer in my professional track, a venture capitalist in my current business life, an Individualist in philosophy, and a passionate supporter of entrepreneurship in whatever form I can practice it, support it and advance it.
What’s the best solution for any customer need? It’s always going to be the entrepreneurial solution, whatever the source.
Strategic management theories and entrepreneurship theories have diverged in academia. One perspective can’t recognize the other. Yet the most promising and successful new business approaches demonstrate an agile combination of both sets of theories. Professor Mohammad Keyhani joins Economics For Business to explain this phenomenon and help us point the way to the future of strategic entrepreneurship.
Austrian economics used to be a field of study on the fringes of business. Now, in the digital age and entrepreneurial era, it has moved to the mainstream and more and more leaders are recognizing the power of its different way of thinking,.
Ceaseless flux. Those are words Ludwig von Mises used to describe the perpetual change in business conditions that entrepreneurs experience. The consequent need, he told us, is for a process of constant adjustment. The current word for that process is adaptation.
It’s hard to think about the coming entrepreneurial revolution because we are conditioned by the current socio-political framework to think that big business and big government are the normal way of doing things.
The field of medical care is so ripe for new entrepreneurial solutions. As is always the case, solution design begins with understanding subjective value, both for customers (patients) and providers (doctors) Christopher Habig of Freedom Healthworks (FreedomHealthworks.com) joins Economics For Business to explain how an Austrian, subjective-value focused approach is bringing market freedoms to medical care.