Working Paper No. 1285

The Collaborative Innovation Bloc: A Reply to our Commentators

Published: June 10, 2019Pages: 16Keywords: Austrian economics; Entrepreneurship; Innovation; Institutions; Schumpeterian entrepreneurship; Spontaneous orderJEL-codes: B53; D20; G32; L23; L26; O33

The Collaborative Innovation Bloc: A Reply to our Commentators Niklas Elert and Magnus Henrekson


We are grateful for the comments to our article, and for the opportunity to respond to them. In our original contribution, we argued that the application of the EOE perspective could help make Austrian economics more concrete, relevant and persuasive, especially regarding policy prescriptions. At the heart of this perspective is the idea that entrepreneurship, when construed as the act of building an innovative firm, is an inherently collaborative activity. The comments have strengthened our conviction that the EOE perspective is of value for Austrian economics and been of great help in furthering our thinking on the matter. The comments have also helped us see how the perspective fits in with the broader tradition of Austrian economics.​

Niklas Elert

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Ph: +46 8 665 4583
niklas.elert@ifn.se

Magnus Henrekson

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Mob: +46 (0)70 222 9700
magnus.henrekson@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

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This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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