The Entrepreneurial Function

Coauthored with Owen Sims
  • Robert P. Gilles


This chapter brings together well-established perspectives on entrepreneurship as well as a new perspective of the entrepreneurial function that conforms with the analytical framework of a socio-economic space. Entrepreneurship is effected through the disruption of the governing institutional framework with institutional innovations. These innovations can be progressive as well as regressive. If individuals introduce innovative institutions through new goods, new production technologies or new trading practices, one might refer to these individuals as “entrepreneurs”. But entrepreneurship can also be collective. This chapter considers at length the rise of the House of Medici in Florentine Renaissance society through financial entrepreneurship (the Medici Bank) as well as entrepreneurial political networking.


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© The Author(s) 2018

Authors and Affiliations

  • Robert P. Gilles
    • 1
  1. 1.Management SchoolQueen’s University BelfastBelfastUK

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