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research / germany
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In retrospective the Austrian Economist developed
another kind of entrepreneur when he shaped his concept of the so-called ‘homo agens’.
A entrepreneur is an active person which is awake all the time and trying to shape
the outer and inner conditions of the firm. This implies to generate new frameworks
regarding the targets of the organization and to create the respective means in order to
attain them. The ‘homo agens’ is driven by the objective to get rid of unfavorable
conditions. Some people accompanied this picture and regarded the entrepreneur as a
coordinator of knowledge. There are many important researchers in the second half of the
20th century who followed this track. They called an entrepreneur a person who is
permanently looking out for new opportunities to make a deal. In this context the role of
the entrepreneur can be regarded as the one who is building bridges between factor and
product markets and who is aware of the real needs of the customers. Once again
knowledge is the most important driving force in this regard. All these thoughts clearly
point out that there is a lot of leeway in order to shape outer conditions the way the
entrepreneur and his firms likes. Thinking in terms of knowledge-based market making
and exploiting the chances of unfulfilled demand is indeed a core challenge for
developing countries. Identifying the most efficient solutions of the world market and to
transfer them to the country of origin becomes an important challenge in this regard.
However, it takes the entrepreneurial obsession in order to make use of these chances.
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