| For any size and any type of business, the generation of value requires more than strategy, planning, and executional excellence. It calls for the establishment, communication, and internalization of value-generation principles, solidly founded and consistently applied. This concept of the long term, dynamic application of unchanging principles is the essence of the Austrian approach to business. Snow notes: https://Mises.org/library/bylund-austrian-economics-science-business-success “Long Term Value Generation as a Science of Business Success” (PDF): https://Mises.org/E4B_105_PDF QJAE Special Double Edition on Entrepreneurship: https://Mises.org/E4B_105_QJAE |
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Per Bylund, PhD, is a Fellow of the Mises Institute and Assistant Professor of Entrepreneurship & Records-Johnston Professor of Free Enterprise in the School of Entrepreneurship in the Spears School of Business at Oklahoma State University, and an Associate Fellow of the Ratio Institute in Stockholm.
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