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- W62221123 abstract "This chapter outlines the scientific identity of business economics. Economics can be traced back to the Greek word oekonomus that originally meant housekeeping. Sometimes a distinction is drawn between the economic principle and the economic motive. The economic motive is seen as the underlying force or motor of economic life and refers simply to the striving to satisfy needs. The economic principle, on the other hand, stresses the basic problem of economic life, that is, to satisfy many needs with relatively scarce means. Groeneveld, who subscribes to a definition of the business economic identity without emphasizing any particular type of business unit, differentiates between a general cognitive object and a particular cognitive object. According to this author, economics and business economics share only the general cognitive object, that is, the general striving for welfare." @default.
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- W62221123 date "1990-01-01" @default.
- W62221123 modified "2023-09-26" @default.
- W62221123 title "The scientific identity of business economics" @default.
- W62221123 doi "https://doi.org/10.1016/b978-0-409-10309-0.50023-0" @default.
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