How Great Entrepreneurs Think And Are They Heroes?

There was an article about how they think at Inc. It is about the research by Saras Sarasvathy, a professor at the University of Virginia's Darden School of Business.

Candace Allen Smith has written about how entrepreneurs are like heroes. She gave a talk on this at the Dallas Fed in 1997. Here is the link:

http://www.dallasfed.org/research/ei/ei9701.html

I think that got reprinted in the Freeman. She also had a similar, award winning article in the Journal of Private Enterprise in 1996.

Walter Williams also wrote about entrepreneurs as heroes

http://www.hillsdale.edu/news/imprimis/archive/issue.asp?year=2005&month=03

So did Johan Norberg

http://www.cato.org/pubs/catosletter/catosletterv5n1.pdf

I have also written a couple of articles on the subject

The Calling of the Entrepreneur

The Creative-Destroyers: Are Entrepreneurs Mythological Heroes? (Presented at the annual meetings of the Western Economic Association, July 1992)

In one of his books, Israel Kirzner said something like "entreprneurs discover opportunities for economic proft by leading a life of purposeful action."

Lawrence Summers explained his vision for an entrepreneurial future last year at the White House blog.

http://www.whitehouse.gov/blog/A-Vision-for-Innovation-Growth-and-Quality-Jobs/

"An important aspect of any economic expansion is the role innovation plays as an engine of economic growth. In this regard, the most important economist of the twenty-first century might actually turn out to be not Smith or Keynes, but Joseph Schumpeter."