Studies in Emergent Order is pleased to publish “Entrepreneurs and the Emergence of New Industry Structures” by Dave Valliere and Marko Hrelja. This paper is an examination of the role that individual entrepreneurs play in the creation of structure in the emergence of new industries. It shows how learning and profit-seeking behaviors of entrepreneurs create an asymmetric transition mechanism that locks in emergent order and results in increasingly complex structure.
Dave Valliere, Ph.D., is Associate Professor of Entrepreneurship & Strategy and Director of the Entrepreneurship Research Institute at Ryerson University. Marko Hrelja is an Associate of the Entrepreneurship Research Institute at Ryerson University.
Studies in Emergent Order (SIEO) is an open-access journal dedicated to fostering research, discussion and publication concerning the roles played by and implications of emergent order phenomena, particularly in society but not excluding other areas.