Entrepreneurship is a perpetual alertness function, not a rare talent.

Evidence

In line with Mises, innovation thus became a function of enabling factors and actively jumping at chances rather than an essential and rare ingredient of the economic process. The entrepreneurial mindset has to function perpetually or else miss opportunities and pass the command on to others. Giersch quite obviously follows Kirzner without explicit reference to his notion of alertness. To this end, local, regional, and national entities can align policies in favor of competitive practices. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 298

Categorization

• XREF: Shows Giersch absorbing Kirzner’s alertness concept and Mises’s universal entrepreneurship without citation — a mapping link for the reader’s map of neoliberal intellectual lineages. — connects to: Mises defined entrepreneurship as universal human choice-making, not elite innovation — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 273; Kirzner redefined entrepreneurship as equilibrating action, not Schumpeterian disruption — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 277

Broader Connections

• Kirzner redefined entrepreneurship as equilibrating action, not Schumpeterian disruption #corroborates (0.88) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 277
• Mises defined entrepreneurship as universal human choice-making, not elite innovation #corroborates (0.85) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 273