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The Meaning of Entrepreneurship: A Modular Concept

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Entrepreneurship has been characterised as one of the most intriguing but equally elusive concepts in economics. This critical review first surveys its major intellectual roots and then proposes a modular concept of entrepreneurship that preserves essential distinctions along its behavioural, functional, and occupational dimensions. It argues that the behavioural definition identifies the only attribute that is both comprehensive and unique to the nature of entrepreneurship, while the functional and occupational definitions add the specifity required for many analytical purposes. To validate the concept, the paper discusses the appropriate empirical units of observation and maps a general policy framework.

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Titel:
The Meaning of Entrepreneurship: A Modular Concept
Autor_in:
Peneder, Michael
Herausgeber_in:
Österreichisches Institut für Wirtschaftsforschung - WIFO
Gruppe/n:
Sonstiges
Ort:
Wien
Verlag:
Österreichisches Institut für Wirtschaftsforschung - WIFO
Erscheinungsjahr:
2009
Reihe:
WIFO Working Papers, No. 335

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