Why entrepreneurs need firms, and the theory of the firm needs entrepreneurship theory

Firms are established by entrepreneurs, and entrepreneurship is typically embodied within a firm. And yet, the research literatures on entrepreneurship and the theory of the firm developed mostly independently. I suggest some reasons why these literatures have struggled to connect, and offer a poten...

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Veröffentlicht in:RAUSP management journal 2016-07, Vol.51 (3), p.323-326
1. Verfasser: Klein, Peter G.
Format: Artikel
Sprache:eng
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Zusammenfassung:Firms are established by entrepreneurs, and entrepreneurship is typically embodied within a firm. And yet, the research literatures on entrepreneurship and the theory of the firm developed mostly independently. I suggest some reasons why these literatures have struggled to connect, and offer a potential path forward, one that describes the entrepreneurial act as the acquisition, combination, and recombination of heterogeneous resources under conditions of uncertainty.
ISSN:0080-2107
2531-0488
1984-6142
1984-6142
2531-0488
DOI:10.1016/j.rausp.2016.06.007