In this audio Per Bylund (Assistant Professor of Entrepreneurship and Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship at Oklahoma State University) discusses his recent book, The Problem of Production: A New Theory of the Firm (Routledge, 2016).
Bylund's theory is rooted in Austrian economics and examines the firm as a part of the market, not as a free-standing entity. In this integrated view, a theory is offered which incorporates entrepreneurship, production, market process and economic development.
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