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Examining the theoretical inspirations of a management guru
Management decision (2004)
  • Timothy Kiessling
  • R. Glenn Richey
This manuscript discusses the contributions of Peter F. Drucker and the seminal influences on his logic made by the Austrian School of Economics. According to our research, Drucker focused on four critical elements of the Austrian School: an interdisciplinary approach and philosophical sophistication; the vision of market competition as an endless dynamic process (creative destruction, entrepreneurship); the firm as a social entity and as a depository of knowledge; and the role of the government. The research also suggests that Peter Drucker's prolific legacy has significantly influenced modern management theory and practice through its grounding in Austrian School logic. © Copyright Emerald Group Publishing Limited, 2004
  • entrepreneurialism,
  • management gurus,
  • management theory,
  • marketing theory
Publication Date
January 1, 2004
Citation Information
Timothy Kiessling and R. Glenn Richey. "Examining the theoretical inspirations of a management guru" Management decision Vol. 42 Iss. 10 (2004)
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