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Entrepreneurship beyond economics

This study challenges the conventional view of entrepreneurship as primarily an economic activity. It argues that entrepreneurship should be understood as a holistic process that encompasses social and environmental aspects. This broader perspective recognizes the role of entrepreneurship in creating not only economic value but also contributing to societal well-being and environmental sustainability.

Exploring dynamic processes in entrepreneurship

The methodology of the study involves a comprehensive analysis of entrepreneurship's role in society. It looks at how entrepreneurial activities intersect with and impact various aspects of life, from the economy to the environment and social structures. This approach enables a more nuanced understanding of the multifaceted nature of entrepreneurship.

Key research findings

• Entrepreneurship is a transformative process that extends beyond economic gains.
• Entrepreneurship plays a crucial role in social change and environmental sustainability.
• The study highlights the need to view entrepreneurship as embedded in the 'in-between' spaces of society.
• Emphasizes the importance of considering the social and environmental impact of entrepreneurial activities.
• Suggests a shift in focus from traditional measures of success to a more holistic view of entrepreneurial value.

Charting the future of entrepreneurship research

This research sets the stage for a new era in entrepreneurship studies, where the focus shifts from purely economic outcomes to a more integrated approach. Future research should explore the role of entrepreneurship in promoting social and environmental well-being, understanding its impact on different sectors of society, and how it can contribute to sustainable development goals.

Meet the Researchers

• Sarah Dodd: Hunter Centre for Entrepreneurship, Strathclyde Business School, University of Strathclyde, United Kingdom.
• Alistair Anderson: Department of Entrepreneurship and Strategy, Lancaster University Management School, Lancaster University, United Kingdom.
• Sarah Jack: Department of Entrepreneurship, Innovation and Technology, House of Innovation, Stockholm School of Economics, Sweden and Department of Entrepreneurship and Strategy, Lancaster University Management School, Lancaster University, United Kingdom.