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New Movements in Entrepreneurship

New Movements in Entrepreneurship

Edited by Chris Steyaert and Daniel Hjorth

At last, a book that focuses on trendsetting thinking and research in the field of entrepreneurship and sets an agenda for current and future movements in the field.

Chapter 15: Entrepreneurial mindsets during environmental jolts: vessels and vaults

Maria Aggestam and James J. Keenan

Subjects: business and management, entrepreneurship


Maria Aggestam and James J. Keenan INTRODUCTION After the failure of centralized planning, Poland’s business environment was turning to individuals with entrepreneurial quality for economic upgrading. Polish society had started gradually taking on a capital and market orientation. The increasing importance of various kinds of capitals in contemporary Polish business conditions called for a shift in thinking and changes in organizations and workplaces. Evidence of the new orientation was everywhere in Central Europe. Poland, in particular, was fast moving away from its planned economy and stagnated business environment toward an economy that was more Europeanized and market-oriented. The period was turbulent especially for companies that were increasingly aware of the need to be more responsive to the conflicting changes in the marketplace (Aggestam, 1993; Wawrzyniak et al, 1998). Unlike the majority of the literature on entrepreneurship, this chapter takes an intellectual capital turn and is concerned with looking beneath the surface and appearance of social dynamics and actions to detect the ‘intellectual substance’ of entrepreneurial reality. There were several reasons to do so. First, other research on entrepreneurial processes has focused retrospectively, that is, after the fact of entrepreneurial activity. Second, few studies have studied entrepreneurial processes while they were occurring. Third, most research has been focused on entrepreneurship that has taken place under relatively stable business conditions and in Western-style market economies. Fourth, investigations of the creation and leveraging of intellectual capital are not yet in the mainstream of entrepreneurship research. The result is an incomplete understanding of entrepreneurial...

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