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Hayek and Organizational Studies

Publication: ResearchWorking paper

We briefly survey Hayek’s work and argue for its increasing relevance for organizational scholars. Hayek’s work inspired aspects of the transaction cost approach to the firm as well as knowledge management and knowledge-based view of the firm. But Hayek is usually seen within organizational scholarship as a narrow, technical economist. We hope to change that perception here by pointing to his work on rules, evolution, entrepreneurship and other aspects of his wide-ranging oeuvre with substantive implications for organizational theory.

Publication information

Original languageEnglish
Place of PublicationFrederiksberg
PublisherDjøf / Jurist- og Økonomforbundet
Number of pages28
ISBN (print)9788791815850
StatePublished - Feb 2013
SeriesSMG Working Paper
Number3

    Keywords

  • Friedrich Hayek, Organizational Theory, Dispersed Knowledge, Evolved Rules, Subjectivism, Entrepreneurship

ID: 38161197