ABSTRACT
This chapter analyses the last two components of action: the projection of the system of means and ends, and the execution of the project. The project is the temporal organization of the means to attain the ends. The chapter explains the dynamic structure of action of Ludwig Von Mises. It analyses the consequences that the execution of the project has for the original framework of the action. This result may be a success or a failure; in praxeology there is no logical restriction that imposes limitations on the result of the processes that we are studying. Failure and error are as feasible and real as success and profit. Reality is expanded by the possibilities, managed by intelligence, of integrating it into human projects. The chapter explains entrepreneurship as the capacity to create information, to elaborate it and to produce efficacious responses.
