Integrating the exploration-exploitation dilemma and bad institutions to the Austrian theory of destructive entrepreneurship: a new perspective
把组织内的探索-利用困境引入奥地利学派理论，说明组织复杂性如何催生破坏性创业，并揭示不良制度与破坏性创业者之间的反向因果关系，对研究创业和制度的经济学者有参考价值。
Abstract Contemporary Austrian theory has expanded widely on the relationship between entrepreneurship and the structure of production, yet it has never touched on the existence of an exploration-exploitation dilemma within organizations. The objective of the article is to show that the integration of the exploration-exploitation dilemma into the Austrian theory adds new fruitful elements to the function of the destructive entrepreneur, as presented by the Austrian economists of the firm. By showing how an organization's complexity can motivate destructive entrepreneurship on competition, it firstly explains how their analytical tools, which were limited in this area to the infra-organizational field, can also be applied to the catallactic field; it secondly enriches the traditional Austrian vision of the relation between institutions and entrepreneurship, in highlighting a reverse causal relationship, that has not yet been pointed by Austrian literature on entrepreneurship, between bad institutions and the destructive entrepreneur.