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Theory and Literature

In: Entrepreneurial Profiles of Creative Destruction

Author

Listed:
  • Elias G. Carayannis
  • McDonald R. Stewart

Abstract

This research centers on technology entrepreneurship, a narrow subset of numerous academic regimes that additionally incorporates interdisciplinary elements spanning many fields of social science. At the microlevel—the level of the individual actors and the ventures that they launch—are theoretical foundations in management science, specifically entrepreneurship, management of technology and innovation, organizational behavior and development, and narrower disciplines operative within and adjunct to those fields: engineering management, information systems, network dynamics, leadership, decision science and game theory. These microcomponents operate at the meso- and macrolevels within and against an environmental backdrop of academic theory in social evolution and economics, including political economics, econometrics and evolutionary economics, all of which interplay within the overarching realm of institutional sociology. At the nexus of these academic fields emerges the theoretical construct of endogenous economic growth driven by endogenous technological change—a complex sociotechnical-economic phenomenon that is at once the province and the impact of technology entrepreneurship—the platform, fulcrum and lever whereby seminal entrepreneurial actors conceive and implement new business ventures to create economic opportunities and revise the pathways of economic control.

Suggested Citation

  • Elias G. Carayannis & McDonald R. Stewart, 2014. "Theory and Literature," Palgrave Macmillan Books, in: Entrepreneurial Profiles of Creative Destruction, chapter 2, pages 29-130, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-42983-4_2
    DOI: 10.1057/9781137429834_2
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    Cited by:

    1. Ilse Svensson de Jong, 2021. "When Wrong Is Right: Leaving Room for Error in Innovation Measurement," JRFM, MDPI, vol. 14(7), pages 1-14, July.
    2. Ainurul Rosli & Federica Rossi, 2014. "Explaining the gap between policy aspirations and implementation: The case of university knowledge transfer policy in the United Kingdom," Working Papers 20, Birkbeck Centre for Innovation Management Research, revised Dec 2014.

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