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A Dialogue with William J. Baumol: Insights on Entrepreneurship Theory and Education

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  • Mark Griffiths
  • Jill Kickul
  • Sophie Bacq
  • Siri Terjesen

Abstract

This interview and commentary addresses key issues in entrepreneurship by highlighting William Baumol's contributions and his personal insights. We emphasize the multilevel approach that entrepreneurship research should adopt, and that assumptions underlying the research are too often unstated, rendering comparison between studies difficult. Baumol argues for more experimentation and government support of research on ways to improve the teaching of innovative entrepreneurship, since there is little evidence on what works and what does not. The discussion stresses that entrepreneurship is a multifaceted phenomenon that varies depending on context, the level of innovation, and its impact on society. Consequently, entrepreneurship research requires the development of an encompassing paradigm, appropriate educational methods, and study of the institutions that provide the most desirable incentives.

Suggested Citation

  • Mark Griffiths & Jill Kickul & Sophie Bacq & Siri Terjesen, 2012. "A Dialogue with William J. Baumol: Insights on Entrepreneurship Theory and Education," Entrepreneurship Theory and Practice, , vol. 36(4), pages 611-625, July.
    • Handle: RePEc:sae:entthe:v:36:y:2012:i:4:p:611-625
    DOI: 10.1111/j.1540-6520.2012.00510.x
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    References listed on IDEAS

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    Cited by:

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    2. Aleksandra Gawel, 2014. "Entrepreneurship in Relation to the Competitive Potential and Position of Economies," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 10(01), pages 9-20.
    3. Mengdie Ruan & Angathevar Baskaran & Shanshan Zhou, 2022. "Mainland Chinese Immigrant-owned SMEs in Malaysia: Case Studies," Millennial Asia, , vol. 13(1), pages 5-34, April.
    4. Magnus Henrekson & Mikael Stenkula, 2022. "William J. Baumol: Innovative Contributor to Entrepreneurship Economics," Research in the History of Economic Thought and Methodology, in: Research in the History of Economic Thought and Methodology: Including a Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neocla, volume 40, pages 107-131, Emerald Group Publishing Limited.
    5. Dambusse B. Libombo & Anabela Dinis, 2015. "Entrepreneurship Education In The Context Of Developing Countries: Study Of The Status And The Main Barriers In Mozambican Higher Education Institutions," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-26, September.
    6. Winkler Christoph, 2013. "Toward a Dynamic Understanding of Entrepreneurship Education Research across the Campus – Social Cognition and Action Research," Entrepreneurship Research Journal, De Gruyter, vol. 4(1), pages 69-93, November.
    7. Lubna Rashid, 2019. "Entrepreneurship Education and Sustainable Development Goals: A literature Review and a Closer Look at Fragile States and Technology-Enabled Approaches," Sustainability, MDPI, vol. 11(19), pages 1-23, September.
    8. Giovanni Favero & Vladi Finotto & Anna Moretti, 2016. "Historicizing Entrepreneurial Imprinting: Sensitive Periods, Cognitive Frames and Resistance," Working Papers 10, Department of Management, Università Ca' Foscari Venezia.
    9. Lubna Rashid & Silvia Cepeda-García, 2021. "Self-Categorising and Othering in Migrant Integration: The Case of Entrepreneurs in Berlin," Sustainability, MDPI, vol. 13(4), pages 1-14, February.

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