Hayek and Organizational Studies

Nicolai J. Foss, Peter G. Klein

    Publikation: Working paperForskning

    29 Downloads (Pure)


    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.
    UdgiverInstitut for Strategic Management and Globalization
    Antal sider28
    ISBN (Trykt)9788791815850
    StatusUdgivet - feb. 2013
    NavnSMG Working Paper


    • Friedrich Hayek
    • Organizational Theory
    • Dispersed Knowledg
    • Evolved Rules
    • Subjectivism
    • Entrepreneurship