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Modernizing Schumpeter: Toward a New General Theory of Entrepreneurship

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Creativity and Entrepreneurial Performance

Part of the book series: Exploring Diversity in Entrepreneurship ((EDE))

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Abstract

In Chap. 2 we saw how important it is for a person to have an edge to succeed as an entrepreneur. In Chap. 3 we saw how formal knowledge of the business disciplines and/or even ideas around good business practice did not seem to offer much help to the would-be entrepreneur. In Chap. 4 we got some appreciation of the value to be had from the numerous atheoretical studies in the field of entrepreneurship, on the one hand, while on the other hand appreciating some of the problems with atheoretical findings in the form of many different and somewhat arbitrary propositions. At this point you should be ready to appreciate the value of a good theory. In the next chapter you will be introduced to the ideas of perhaps the greatest entrepreneurship theorist of the last century along with a number of suggestions for modernizing his ideas from nearly a hundred years ago.

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Authors and Affiliations

  1. University of Calgary Haskayne School of Business, Calgary, AB, Canada

    W. Edward McMullan

  2. Management & Marketing Department, University of Dayton School of Business Administration, Dayton, OH, USA

    Thomas P. Kenworthy

Authors
  1. W. Edward McMullan
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  2. Thomas P. Kenworthy
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McMullan, W.E., Kenworthy, T.P. (2015). Modernizing Schumpeter: Toward a New General Theory of Entrepreneurship. In: Creativity and Entrepreneurial Performance. Exploring Diversity in Entrepreneurship. Springer, Cham. https://doi.org/10.1007/978-3-319-04726-3_5

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