Entrepreneurship theories and Empirical research: A Summary Review of the Literature

Abstract

Entrepreneurship theories and research remain important to the development of the entrepreneurship field. This paper examines six entrepreneurship theories with underlying empirical studies. These are: (1) Economic entrepreneurship theory, (2) Psychological entrepreneurship theory (3) Sociological entrepreneurship theory, (4) Anthropological entrepreneurship theory (5) Opportunity-Based entrepreneurship theory, and (6) Resource-Based entrepreneurship theory. These theories offer us a fairly good opportunity to refocus our efforts at integrating the diverse viewpoints.

Key words: Economic entrepreneurship theory; Psychological entrepreneurship theory; Sociological entrepreneurship theory; Anthropological entrepreneurship theory; Opportunity-based entrepreneurship theory; Resource-based entrepreneurship theory