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This Thing Called “Theory”

In: Researching Entrepreneurship

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  • Per Davidsson

    (Queensland University of Technology
    Jönköping International Business School)

Abstract

How and why can theory help us understand entrepreneurial phenomena? The contemplative nature of theory may seem antithetical to the bold action associated with entrepreneurship. Theory is important in research because it is the abstracted and reflected sensemaking of theory that makes empirical observations meaningful. However, an exaggerated focus on “theoretical contributions” can also hamper the development of a scholarly field. This chapter discusses what theory is and is not, its various roles in the research process, and the pros and cons of focusing on theory. The specific requirements on theoretical tools suitable for the study of entrepreneurship are also considered.

Suggested Citation

  • Per Davidsson, 2016. "This Thing Called “Theory”," International Studies in Entrepreneurship, in: Researching Entrepreneurship, edition 2, chapter 3, pages 41-73, Springer.
    • Handle: RePEc:spr:inschp:978-3-319-26692-3_3
    DOI: 10.1007/978-3-319-26692-3_3
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