Opportunities And Threats Of Entrepreneurship - 1483 Words

Organizations worldwide are facing new opportunities and threats caused by several mutative forces, including â€Å"technological disruption, fluctuating economies or demographical changes† (Toma et al., 2014). Entrepreneurship has gradually gone into the view of the public, as well as scholars, in order to tackle the changing forces (Castaà ±o et al., 2015; Toma et al., 2014). It may positively influence on economic growth due to the entrepreneurial activities it causes. Thus, scholars have shown increasing interest in entrepreneurship (à cset al., 2013; Audretsch et al. 2006; Caree et al., 2010; Harper, 2003; Naudà ©, 2011; Shane et al., 2000; Soriano et al., 2011; Stel et al., 2005; Szirmai et al., 2011; Walzer, 2009). A large number of definitions of entrepreneurship have appeared during the past decades. One of the reasons is based on the fact that entrepreneurship represents different phenomenon in different aspects, â€Å"being analyzed as a process, a resource or a state-of-being† (Naudà ©, 2013). Thus, it is too complicated to propose the definition through a simple explanation. Naudà © (2013) argues that three main categories of definitions of entrepreneurship have formed: â€Å"behavioral definitions† (Kirzner, 1973; Schumpeter et al., 1934); â€Å"occupational definitions† (Evans et al.,1989); â€Å"synthesis definitions† (Gries et al., 2011). However, a gradually popular definition was proposed: â€Å"Entrepreneurship is a process that involves the discovery, evaluation, and exploitation ofShow MoreRelatedGrowth And Development Of A Country1420 Words   |  6 Pagesimportance of entrepreneurship. As we dissect this topic, we will understand how entrepreneurship is essential to a county’s economic growth. How it may be the bridge to a countries economic failure and successes. 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