An integrated view of entrepreneurship
Abstract
The terms 'entrepreneur' and 'entrepreneurship' have generated considerable debate in recent years. However,
there is considerable conceptual confusion about these terms which helps neither entrepreneurial research nor
the programmes for entrepreneurial development. The paper seeks to clarify this confusion of concepts by examining
the historical evolution of the term and the changes in its conceptual meaning. Based on this analysis
the author presents a schema for understanding the process of entrepreneurship. The author concludes that although
entrepreneurship must remain confined to the economic sphere it cannot be comprehended without reference to
factors other than the economic alone.
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