Importance of Entrepreneurship and Business for the Society

Abstract – Entrepreneurs are equivalent to innovation. This innovative spirit can be argued to be the main drive behind modern capitalism. This article looks at the type of progress and development brought about by entrepreneurship. It also looks at the varying degrees of innovation embraced by different economies based on their potential. The different arguments … Read more

Sociological Theories of Entrepreneurship (Summary) : Examples

The field of entrepreneurship can be traced back to the industrial revolution, where entrepreneurial activity marked the rise of innovation, eventually promoting social change all over the world. This article will discuss the sociological perspective on entrepreneurship as a whole by analyzing two major approaches, a) Classical Approach and b) the Modern Approach. The classical … Read more