Entrepreneurship and Community: The Next Frontier of Entrepreneurship Inquiry
Thomas S. Lyons,
Theodore R. Alter,
David B. Audretsch () and
Darline Augustine Additional contact information Thomas S. Lyons: CUNY Bernard M. Baruch College
Theodore R. Alter: Pennsylvania State University
Darline Augustine: CUNY Bernard M. Baruch College
In this article, the authors examine the existing literature addressing the relationship between entrepreneurship and the community and conclude that this is an important, yet relatively neglected, topic. The article begins by defining the terms â€œcommunity,â€ â€œentrepreneurship,â€ and the nexus of the two: â€œcommunity development.â€ It then proceeds to explore what the current literature tells us about the interaction between these elements, touching upon issues of individualism vs. community, social capital building, productive and unproductive interaction, community culture, leadership, community entrepreneurship, and family venturing, among others. The article concludes with a set of observations about the types of research needed to fill gaps in our understanding of this delicate and vital relationship.