Computational modeling of entrepreneurship grounded in Austrian economics: Insights for strategic entrepreneurship and the opportunity debate

Research Summary This paper makes three key arguments: (a) that computational modeling is a key methodological tool that can aid in the development of formal economic foundations for entrepreneurship that are grounded in Austrian economics; (b) that computational modeling grounded in Austrian economics can serve to integrate models of competitive advantage in equilibrium (economic foundations of strategy) with models of the entrepreneurial...