The entrepreneurial decision: theories, determinants and constraints

Abstract

In a 1954’s work, Schumpeter defined the entrepreneur as ‘the pivot on which everything turns’. Nowadays, scholars claim that this is the “era of the entrepreneur ” (Goffee and Scase, 1987): governments have become more focused on the determinants of entrepreneurship because small, new firms are perceived as a source of new jobs and ultimately as the mainspring

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