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Intellectual Entrepreneurship: Theories, Purpose and Challenges

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  • Adebiyi Julius Abosede
  • Adegbemi Babatunde Onakoya

Abstract

Entrepreneurship and intellectualism are usually seen in different forms, but one can reinforce the other. Intellectual competencies have become quite useful in an increasingly complex context of business activities and thus have the potential of reinforcing entrepreneurship. Entrepreneurship is one of the factors of production. The challenge for intellectual entrepreneurial organizations therefore lies less in the creation of esoteric ideas for the shelves, but collaboration with enabling agents for converting creativity in form of the knowledge assets to innovation and wisdom for it to become more relevant in promoting sustainable economic growth. However, the legal protection of intellectual property rights is sine qua non to successful implementation and long-term entrepreneurship sustainability on the platform of intellectualism.

Suggested Citation

  • Adebiyi Julius Abosede & Adegbemi Babatunde Onakoya, 2013. "Intellectual Entrepreneurship: Theories, Purpose and Challenges," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 4(5), pages 30-37, September.
    • Handle: RePEc:jfr:ijba11:v:4:y:2013:i:5:p:30-37
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    References listed on IDEAS

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    2. Khalil, Elias, 2006. "Entrepreneurship and Economic Theory," MPRA Paper 501, University Library of Munich, Germany, revised 18 Oct 2006.
    3. Zoltan Acs, 2006. "How Is Entrepreneurship Good for Economic Growth?," Innovations: Technology, Governance, Globalization, MIT Press, vol. 1(1), pages 97-107, March.
    4. World Bank & International Finance Corporation, 2006. "Doing Business 2007 : How to Reform," World Bank Publications - Books, The World Bank Group, number 7245, December.
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    Cited by:

    1. M. Isabel Sánchez-Hernández & Juan José Maldonado-Briegas, 2019. "Sustainable Entrepreneurial Culture Programs Promoting Social Responsibility: A European Regional Experience," Sustainability, MDPI, vol. 11(13), pages 1-19, July.
    2. Faizan, Riffat & Haque, Adnan ul, 2016. "The Relationship between Societal attributes, Feminine Leadership & Management Style: Responses from Pakistan's Urban Region Female-Owned Businesses," MPRA Paper 73458, University Library of Munich, Germany, revised 21 Aug 2016.
    3. Monika Maříková & Ladislav Rolínek & Jaroslav Vrchota & Petr Řehoř, 2022. "Determination of the Level of Strategic Management in SMEs," Central European Business Review, Prague University of Economics and Business, vol. 2022(3), pages 55-78.
    4. Aldona Małgorzata Dereń & Jan Skonieczny, 2022. "Green Intellectual Property as a Strategic Resource in the Sustainable Development of an Organization," Sustainability, MDPI, vol. 14(8), pages 1-11, April.

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