Entrepreneurship and Context
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Entrepreneurship and Context

Friederike Welter

This book identifies Friederike Welter’s key contribution to entrepreneurship research over recent decades, and shows how her work is contextualised in time and place. The book gives a differentiated understanding of entrepreneurship and contexts, celebrating diversity as well as complexity.
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Chapter 20: Everyday Entrepreneurship – A Call for Entrepreneurship Research to Embrace Entrepreneurial Diversity

Friederike Welter, Ted Baker, David B. Audretsch and William B. Gartner

Abstract

This essay contrasts a perspective that places an excessive focus on technology businesses and growth with a view of entrepreneurship that embraces its heterogeneity. We challenge a taken-for-granted belief that only certain kinds of entrepreneurship might lead to wealth and job creation and additionally suggest that these two outcomes (wealth and job creation) need to be placed within a broader context of reasons, purposes, and values for why and how entrepreneurship emerges. We suggest that a wider and nondiscriminatory perspective on what constitutes entrepreneurship will lead to better theory and more insights that are relevant to the phenomenon.

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