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International Handbook of Research on Indigenous Entrepreneurship

International Handbook of Research on Indigenous Entrepreneurship

Elgar original reference

Edited by Léo-Paul Dana and Robert B. Anderson

The comprehensive and thoroughly accessible International Handbook of Research on Indigenous Entrepreneurship aims to develop a multidisciplinary theory explaining entrepreneurship as a function of cultural perceptions of opportunity. The Handbook presents a multitude of fascinating, superbly illustrated studies on the facets of entrepreneurship amongst indigenous peoples.

Chapter 1: Toward a Multidisciplinary Definition of Indigenous Entrepreneurship

Léo-Paul Dana

Subjects: business and management, entrepreneurship, development studies, development economics, economics and finance, development economics


1 Toward a multidisciplinary definition of indigenous entrepreneurship Léo-Paul Dana Discussing the multidisciplinary nature of entrepreneurship, Landström wrote, ‘there is a risk that it is becoming more difficult to form an overall picture of the field, which means that researchers in one discipline tend to ignore studies in other disciplines. As a result, dialogue between researchers is made more difficult, and the accumulation of knowledge in the field is inhibited’ (1999, p. 15). The objective of this book is to bring together great minds from different disciplines, to further the understanding of indigenous entrepreneurship. The aristocrat industrialist Jean Baptiste Say defined the entrepreneur as the individual who ‘unites all means of production and who finds in the value of the products . . . the reestablishment of the entire capital he employs, and the value of the wages, the interest, and the rent which he pays, as well as the profits belonging to himself’ (1816, pp. 28–9). Mill (1848), considered entrepreneurship to be direction, supervision, control and risk taking, with risk being the main distinguishing feature between the manager and the owner–manager. Later, Schumpeter (1928, 1934) focused on the instability of capitalism and on the entrepreneur’s function as an innovator, ‘The carrying out of new combinations we call “enterprise”; the individuals whose function it is to carry them out we call “entrepreneurs” ’ (Schumpeter, 1934, p. 74). Fraser (1937) associated entrepreneurs with the management of a business unit, profit taking, business innovation...

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