Table of Contents

The Dynamics between Entrepreneurship, Environment and Education

The Dynamics between Entrepreneurship, Environment and Education

European Research in Entrepreneurship series

Edited by Alain Fayolle and Paula Kyrö

This book introduces the expanding European dialogue between entrepreneurship, environment and education. It considers the shape, dimensions and horizon of this multidisciplinary landscape in entrepreneurship research. The striking differences and contradictions in entrepreneurial activities, readiness and innovativeness within European countries and the proactive attitude and activities of European competitors impose a demand for a better understanding of the complex dynamics.

Chapter 2: New Elements for the Analysis of Entrepreneurial Structure

Joaquín Guzmán Cuevas and Felipe Rafael Cáceres Carrasco

Subjects: business and management, entrepreneurship, management education, management and universities, economics and finance, environmental economics, education, management and universities, management education, environment, environmental economics

Extract

Joaquín Guzmán Cuevas and Felipe Rafael Cáceres Carrasco INTRODUCTION In spite of the diversity of definitions of entrepreneurship within the traditional specialized literature, usually there is a clear distinction between the field that refers to the entrepreneur’s action (entrepreneurial function) and the field that refers to the result or consequence of that action (enterprise). For example, the recent definition proposed by P. Thornton and K. Flynn states that: ‘we define entrepreneurship as both the discovery and exploitation of entrepreneurial opportunities and the creation of new organization, which occur as a context-dependent social and economic process’ (Thornton and Flynn, 2003). In the wide field of entrepreneurship one can distinguish, therefore, two aspects for analysis: a) the entrepreneur; b) the enterprise. In this second field of entrepreneurship, it is possible to distinguish three approaches or levels of analysis. First, there is the ‘micro’ approach, whose prevalent interest of analysis is the individual one. The theories developed at this level frequently have the maximization of the firm owner’s profit as their main objective. For instance, there are well-known theories such as the risk-uncertainty theory or the different psychological theories focusing on the optimization of an entrepreneur’s behaviour which are based on this approach. Secondly, beyond individual interest, the ‘meso’ approach has the firm’s interest as its main focus. Logically, this study or field of research is wider than the first one and includes, among others, the transaction cost theory, the network theory, the spin-off process...

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