Professors Bylund and Packard offer us an entirely new perspective on market process: the co-navigation of value uncertainty by consumers and entrepreneurs. It’s a radical re-thinking of value and value roles,
of stimulus-response, and of cause and effect.
Does economic knowledge help you manage complex IT projects? Yousif Almoayyed thinks it does.
Austrian economics offers a wide range of knowledge and applications for better business performance. One of them is the design of high-value organizations Download The Episode ResourceEntrepreneurial Empowerment – Download Key Takeaways & Actionable Insights Austrians understand the function of entrepreneurial businesses in the economy is to pursue and generate new economic value. That value […]
When businesses take the time and analytical effort to think about value and to define it from the customer’s perspective, they will realize the opportunity to re-shape their business models and manage their business in new ways.
To get your head around quantum mechanics, it’s necessary to be able to think about a space that’s between reality (called spacetime in the language of the science) and imagination, something that doesn’t exist.
In a recently published paper titled “Subjective Value In Entrepreneurship,” Professors Bylund and Packard apply the principle of subjective value to generate significant new avenues of thinking for entrepreneurial businesses to pursue.