The Meaning of Entrepreneurship: A Modular Concept
AbstractEntrepreneurship has been characterised as one of the most intriguing but equally elusive concepts in economics. This critical review first surveys its major intellectual roots and then proposes a modular concept of entrepreneurship that preserves its essentially distinctive behavioural, functional, and occupational dimensions. It argues that the behavioural definition identifies the only attribute that is both comprehensive and unique to the nature of entrepreneurship, while the functional and occupational definitions add what is specificity required for many analytical purposes. To validate the concept, the paper discusses the appropriate empirical units of observation and maps a general policy framework.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Industry, Competition and Trade.
Volume (Year): 9 (2009)
Issue (Month): 2 (June)
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Web page: http://springerlink.metapress.com/link.asp?id=105724
entrepreneurship; market co-ordination; innovation; technology diffusion; occupational choice; M13; B15; B25.;
Other versions of this item:
- Michael Peneder, 2009. "The Meaning of Entrepreneurship: A Modular Concept," WIFO Working Papers 335, WIFO.
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
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