Dr. Frederic Sautet is an economist specializing in market process theory, entrepreneurship, and political economy. He teaches economics, entrepreneurship theory, the history of business and entrepreneurship, and management and organizations at the Busch School of Business. He serves as Director of the Economics Area and Co-Director of the Entrepreneurship Program. Dr. Sautet is also a Senior Fellow at the Institute for Human Ecology, where he is a member of the House of Political Economy. He is the founder and director of the [Röpke-Wojtyła Fellowship](https://ihe.catholic.edu/ropke-wojtyla-fellowship/). Dr. Sautet earned his Ph.D. in economics from the University of Paris and graduated from the Paris Institute of Political Sciences (Sciences Po). He completed postdoctoral research at New York University under the supervision of Professors Israel Kirzner and Mario Rizzo. Education - Ph.D., Economics, University of Paris - Post-Doc, New York University Courses Taught - MGT 123B – Foundations of Business - ENT 372 – Entrepreneurship and Venture Capital - ENT 476 – The Spirit of Entrepreneurial Capitalism - MSB 505 – The Spirit of Enterprise Publications Frederic Sautet’s ResearchGate [page](https://www.researchgate.net/profile/Frederic-Sautet). Frederic Sautet’s SSRN [page](https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=560380). **Peer-Reviewed Publications** January 2017: “Austrian Market Theory and the Entrepreneurial Function as Opportunity Recognition,” [Research Handbook on Entrepreneurial Opportunities](https://www.elgaronline.com/view/edcoll/9781783475438/9781783475438.00002.xml), Edited by Catherine Léger-Jarniou and Silke Tegtmeier, Edward Elgar Publishing, Inc. October 2015: “Market Theory and the Price System,” [Oxford Handbook of Austrian Economics](https://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780199811762.001.0001/oxfordhb-9780199811762), Peter Boettke and Christopher Coyne, eds, Oxford University Press. August 2013: “[Prior Knowledge and Opportunity Identification](https://link.springer.com/article/10.1007/s11187-012-9437-9),” co-authored with Jason Arentz and Virgil Storr, Small Business Economics: An Entrepreneurship Journal, 41(2), 461-478. March 2013: “[Local and Systemic Entrepreneurship: Solving the Puzzle of Entrepreneurship and Economic Development](https://journals.sagepub.com/doi/full/10.1111/j.1540-6520.2011.00469.x),” Entrepreneurship, Theory and Practice, 37(2), 387-402. May 2011: “[Remarks from 1809 by Dupont de Nemours on Adam Smith](https://econjwatch.org/File+download/489/DupontMay2011.pdf?mimetype=pdf),” preface co-authored with Dan Klein, Econ Journal Watch. (I also translated the letter from French.) August 2010: “The Competitive Market is a Process of Entrepreneurial Discovery,” The [Handbook on Austrian Economics](https://www.e-elgar.com/shop/usd/handbook-on-contemporary-austrian-economics-9781847204110.html), Peter Boettke, editor, published by Edward Elgar. September 2009: “[The Next Silicon Valley? On the Relationship between Geographical Clustering and Public Policy](https://link.springer.com/article/10.1007/s11365-008-0080-5),” co-authored with Pierre Desrochers and Gert-Jan Hospers, International Entrepreneurship and Management Journal, 5, 286-99. December 2008: “Silicon Somewhere: A Critique of Cluster Policy,” co-authored with Gert-Jan Hospers and Pierre Desrochers, [The Handbook of Research on Innovation and Clusters](https://www.e-elgar.com/shop/usd/handbook-of-research-on-innovation-and-clusters-9781849800877.html), vol. 2, Professor Charlie Karlsson editor, Edward Elgar. September 2008: “Diversity and the Case Against Specialized Clusters,” co-authored with Pierre Desrochers and Gert-Jan Hospers, [The Handbook of Research on Cluster Theory](https://www.e-elgar.com/shop/usd/handbook-of-research-on-cluster-theory-9781845425166.html), vol. 1, Professor Charlie Karlsson, editor, Edward Elgar. September 2008: "[Entrepreneurial Policy: The Case of Regional Specialization vs Spontaneous Industrial Diversity](https://journals.sagepub.com/doi/abs/10.1111/j.1540-6520.2008.00257.x)," co-authored with Pierre Desrochers, Entrepreneurship Theory and Practice. 32(5), 813-832 (special issue on government policy and entrepreneurial activity). June 2007: “The Shaky Foundations of Competition Law,” *New Zealand Law Journal*, June 2007 issue, 186-90. March 2006: “[Why Have Kiwis Not Become Tigers? Reforms, Entrepreneurship and Economic Performance in New Zealand](https://www.independent.org/publications/tir/article.asp?id=575),” The Independent Review, 10 (4), March, 573-597. September 2005: “[The New Comparative Political Economy](https://link.springer.com/article/10.1007/s11138-005-3113-0)” co-authored with Peter Boettke, Christopher Coyne, and Peter Leeson, The Review of Austrian Economics, 18 (3/4), 281-304. June 2004: “[Cluster-Based Economic Strategy, Facilitation Policy and the Market Process](https://link.springer.com/article/10.1023/B%3ARAEC.0000026833.26220.2d)” co-authored with Pierre Desrochers, The Review of Austrian Economics (special issue on Urban Economics), 17(2/3), 233-45. March 2002: “Kirznerian Economics: Some Policy Implications and Issues,” *Journal des Economistes et des Etudes Humaines*, XII (1), 131-151. **Books, handbooks, encyclopedia and other contributions as editor and/or author** October 2022: “Alertness: An Aristotelian Approach,” [A Modern Guide to Austrian Economics](https://www.e-elgar.com/shop/gbp/a-modern-guide-to-austrian-economics-9781789904390.html), Edited by Per Bylun, Edward Elgar Publishing, Inc. December 2009-20: [*The Collected Works of Israel M. Kirzner*](https://www.libertyfund.org/collections/the-collected-works-of-israel-m-kirzner/) in 10 volumes, co-edited with Peter Boettke, and published by the Liberty Fund, Indianapolis. November 2013: “Opportunity Recognition,” “Ricardian Rents,” and “Schumpeterian Rents,” [*The Palgrave Encyclopedia of Strategic Management*](https://www.palgrave.com/us/campaigns/the-palgrave-encyclopedia-of-strategic-management), David Teece ed., University of Berkeley. June 2012: “The Genius of Mises, The Brilliance of Kirzner,” co-authored with Peter Boettke, republished in Boettke, Peter. *Living Economics: Yesterday, Today, and Tomorrow*, Independent Institute. Originally published in 2011 in *The Annual Proceedings of the Wealth and Well-Being of Nations*, volume III. April 2012: Twenty-five entries in the *Dictionnaire du Libéralisme* published in French by Larousse and edited by Mathieu Laine. April 2010: “The Use of Knowledge in Economics” co-authored with Peter Boettke in Manfred Moldaschl & Nico Stehr, eds., *Wissensökonomie und Innovation. Beiträge zur Ökonomie der Wissensgesellschaft*, Marburg: Metropolis-Verlag, 77-91. March 2009: Foreword to Ivan Pongracic’s book [*Employees and Entrepreneurship: Co-ordination and Spontaneity in Non-Hierarchical Business Organizations*](https://www.e-elgar.com/shop/usd/employees-and-entrepreneurship-9781847208064.html), published by Edward Elgar. January 2008: “Why Have Kiwis Not Become Tigers? Reforms, Entrepreneurship and Economic Performance in New Zealand” in [*Making Poor Nations Rich: Entrepreneurship and the Process of Development*](https://www.sup.org/books/title/?id=11617), Ben Powell, editor with a foreword by Deepak Lal, published by Stanford University Press and The Independent Institute. October 2006: “The Logic of Economics” in *L’Homme Libre: Mélanges en L’Honneur de Pascal Salin*, edited by Mathieu Laine and Jörg Guido Hülsmann, Paris: Les Belles Lettres (festschrift in honor of Professor Pascal Salin). May 2000: [*An Entrepreneurial Theory of the Firm*](https://www.routledge.com/An-Entrepreneurial-Theory-of-the-Firm/Sautet/p/book/9780415771085). Published by Routledge, London, 200 pages, in the Foundations of the Market Economy series. March 1996: *Action or Taxation: The French Fiscal Challenge* co-edited with Philippe Lacoude, Editions Slatkine, Geneva, 450 pages (in French). **Book Reviews and Review-Essays** October 2018: “[The Battle for the Essence of Entrepreneurship – Review Essay on Nicolai J. Foss and Peter G. Klein’s Organizing Entrepreneurial Judgment: A New Approach to the Firm](https://link.springer.com/article/10.1007/s11138-016-0364-x),” Cambridge University Press, 2014, The Review of Austrian Economics, 31, 123-139. September 2015: The Rediscovery of Classical Economics by David Simpson, Edward Elgar, 2013, *The Journal of the History of Economic Thought*, 37(3), 476-81. December 2007: The Entrepreneurial Imperative by Carl J. Schramm, Harper Collins, 2006, *The Freeman: Ideas on Liberty*, 57 (10), 37-8. August 2005: Schumpeter’s Market: Enterprise and Evolution by David Reisman, Edward Elgar, 2004, EH.Net. March 2002: The Origin and Evolution of New Businesses by Amar V. Bhidé, Oxford University Press, 1999, *The Review of Austrian Economics*, 15 (1), 97-102. November 2001: The Driving Force of the Market by Israel Kirzner, Routledge, 2000, *The Freeman: Ideas on Liberty*, 51 (11), 55-6.