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Perspectives on Entrepreneurship

In: The Entrepreneur in History: From Medieval Merchant to Modern Business Leader

Author

Listed:
  • Mark Casson

    (University of Reading)

  • Catherine Casson

    (University of Oxford
    University of Birmingham)

Abstract

Key to understanding entrepreneurship fully is the ability to understand the different ways in which the term is used and the different meanings that it has acquired. Different perspectives on entrepreneurship are examined in this chapter. Popular perceptions of entrepreneurs as business artists, business scientists and business philosophers are examined. The place of the entrepreneur in economic theory is then considered. An entrepreneur is shown to be a person who takes responsibility for difficult decisions and who re-allocates resources to more efficient uses.

Suggested Citation

  • Mark Casson & Catherine Casson, 2013. "Perspectives on Entrepreneurship," Palgrave Macmillan Books, in: The Entrepreneur in History: From Medieval Merchant to Modern Business Leader, chapter 2, pages 12-41, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30582-4_2
    DOI: 10.1057/9781137305824_2
    as

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