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The Future of Entrepreneurship: Concept and Context

In: Entrepreneurial Challenges in the 21st Century

Author

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  • Kristin Wallevik

Abstract

Entrepreneurship is seen as a very important part of a sustainable and long-term economic growth at all levels: individual, firm, regional, national and at the international level. During recent decades, a large number of studies have been conducted on various levels using different approaches, with the aim of developing a better understanding of the underlying mechanisms affecting entrepreneurship. Many terms have been generated, with the result that there are a variety of concepts within this field of research. However, there seems to be no common definition of entrepreneurship. This gap creates the need to analyze entrepreneur-ship in each specific context to understand: what entrepreneurship is, who the entrepreneur is, where entrepreneurship happens, why entrepreneurship is important, and how one can nurture entrepreneurship.

Suggested Citation

  • Kristin Wallevik, 2015. "The Future of Entrepreneurship: Concept and Context," Palgrave Macmillan Books, in: Hans Ruediger Kaufmann & S M Riad Shams (ed.), Entrepreneurial Challenges in the 21st Century, chapter 2, pages 12-23, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-47976-1_2
    DOI: 10.1057/9781137479761_2
    as

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