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The Future of Entrepreneurship: Concept and Context

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Entrepreneurial Challenges in the 21st Century

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.

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© 2015 Kristin Wallevik

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Wallevik, K. (2015). The Future of Entrepreneurship: Concept and Context. In: Kaufmann, H.R., Shams, S.M.R. (eds) Entrepreneurial Challenges in the 21st Century. Palgrave Macmillan, London. https://doi.org/10.1057/9781137479761_2

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