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The entrepreneurial theory of ownership

Bibliographic Data

ID21498901
AuthorsSergei Sazonov (0000-0003-4807-217X, New York Law School, corresponding author)
Year2025
Volume41
Issue1
Pages46-64
Publication date2025-03-01
Open AccessYes
TypeARTICLE
VenueEconomics and Philosophy (JOURNAL)
Journal identifiersISSN: 0266-2671 • E-ISSN: 1474-0028
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0266267124000087
OpenAlexW4392817029
LanguageEN
Citations received1
References cited31

This paper introduces a theory of ownership that is rooted in Israel Kirzner’s theory of entrepreneurship – The Entrepreneurial Theory of Ownership. Its central idea is that natural resources are not available to us automatically as other approaches to justice implicitly assume. Before we can use a resource, we need to do preparatory work in the form of making an entrepreneurial judgement on it. This fact, as I argue, makes it possible to put private ownership as a natural right on a firm normative ground and answer many traditional challenges to private property

Business · Demographic economics · Economics · Sociology · Housing, Finance, and Neoliberalism

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Citations per year1
Citation span2026 - 2026 (1)
Highly citedNo

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