Table of Contents

World Encyclopedia of Entrepreneurship

World Encyclopedia of Entrepreneurship

Elgar original reference

Edited by Léo-Paul Dana

This comprehensive reference work, written by some of the most eminent academics in the field, contains entries on numerous aspects of entrepreneurship.


Robert Blackburn

Subjects: business and management, entrepreneurship


Entrepreneurship is not a new phenomenon but it is certainly dynamic. Indeed, writers as far back as the seventeenth century started to develop the concept and identify its underpinning elements.  With time,  the concept has flourished, to the extent that  it is central to ideologies in societies and economies worldwide. However, pinning down the concept of entrepreneurship is challenging, not least because of the mercurial nature of the object itself, the permeability of the field and the range of paradigmatic positions adopted by scholars.  Whilst there is no universal readily accepted definition of the concept of entrepreneurship, it is fair to say that it is multi-dimensional. It involves analysing people and their actions together with the ways in which they interact within their environments, be these social, economic or political, as well as the institutional, policy and legal frameworks which help define and legitimize human activities. The vibrancy of the academic field of entrepreneurship and its pace of development is unequivocal. Worldwide it is estimated that there are over twenty learned journals and innumerable research-based books on the subject. As well as possessing a well-developed corpus of literature and theories, based upon the foundation stones of the social sciences including economics, psychology and sociology, the field has also challenged orthodox thinking and contributed to the development of modern business and management theories. For example, entrepreneurship is integral to most theories of innovation and has also been highly influential in the field of strategic management. In other words, as well as...