Characteristics of Entrepreneurial Ventures

A. Coskun Samli
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A. Coskun Samli: University of North Florida

Chapter Chapter 3 in International Entrepreneurship, 2009, pp 19-25 from Springer

Abstract: Throughout this book we define entrepreneurship as “constructive creationism.” This is a take-off from the Schumpeterian definition of “creative destructionism.” When we deal with entrepreneurship, we are discussing opportunities or situations that entail the discovery of means–ends relationships through which new goods, services, procedures or organizations are introduced to generate economic value for the company and society (Companeys and McMullen 2007). Entrepreneurship, by definition, does not happen without some proactive stimulation. Whether this stimulation is generated by local or national governments or is activated by a nongovernmental organization (NGO) does not matter as long as entrepreneurial opportunities are identified and an effort is made to guide entrepreneurs in that direction.

Keywords: Knowledge Management; Economic Potential; Social Entrepreneur; Market Imperfection; Entrepreneurial Opportunity (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1007/978-0-387-88597-1_3

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