Theory

What is the Field of Entrepreneurship all about?

Research Field Entrepreneurship Opportunity

I’m glad you asked. This simple question has sparked many discussions for decades. Should entrepreneurship be a discipline of its own? Is it only about new ventures? If yes, would that mean that larger organizations couldn’t be entrepreneurial? And if larger organization can be entrepreneurial, why should entrepreneurship be a discipline of its own? If that is the case, then entrepreneurship should be a part of strategy management or organizations science. After decades of discussions, Shane and Venkataraman (2000: p. 218) suggest the following definition, which in the meantime has become highly influential, for the scholarly field:

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