This contribution discusses a theory of entrepreneurship, its empirical base, and its implications. First, it argues that a psychological approach is necessary to understand entrepreneurship. Second, it argues that any theory of entrepreneurship should use active actions as a starting point — entrepreneurship is the epitome of an active agent in the market (rather than a reactive agent). Third,...

* The initial inspiration for this historical review arose during a professional development workshop at the 2007 Academy of Management (AOM) conference in Philadelphia, in which I addressed the past and future of research on entrepreneurial teams. I would like to thank Howard Aldrich, Mark Granovetter, Hans Landström, and Franz Lohrke for their helpful feedback on an earlier draft of this chap...

Introduction: around the world, the science system of many countries is being transformed and changed in response to increasing social and economic need for knowledge and technology. The theory of the entrepreneurial university is one of the models proposed for reflecting the new and transformed image of the university characterized by a broader interaction between the universities and the comm...

This article explores how the phenomenon of entrepreneurship can reinforce itself but also tends to carry the seed of its own eventual demise. We review evidence from theory and empirical studies of these ‘breed’ and ‘kill’ tendencies at individual, inter-individual, firm, industry, regional and national levels of analysis. Policy implications are discussed, especially with regards to current a...

This paper develops a novel interactionist theory of entrepreneurial conduct to explore the nature of Schumpeterian opportunities. Specifically, it draws attention to the significance of social interaction and emotion for the enactment of effective business innovation. Deploying constructs drawn from Randall Collins’s ‘interaction ritual chain theory’, the paper provides a model of the entrepre...

This paper empirically assesses the relationship of entrepreneurial intention and its antecedents among graduating students of UTM. This study is based on the models developed by Davidsson [7] and Autio et al. [1]. Research framework has utilized the modified version of the original study. Work experience, vicarious experience, general attitude, image of entrepreneurship and other demographic v...

Article history: Received 1 August 2014 Accepted 1 August 2014 Available online 28 August 2014 Against the background of demographic change, gray entrepreneurship has become more prevalent.When gray entrepreneurs chose to leave paid employment to become self-employed, it is of concern for companies whomay lose highly capable older employees. One of the reasons for this can be a failure to under...