An entrepreneurial context for the theory of the firm: Exploring assumptions and consequences

Autor: Arturo E. Osorio, Banu Ozkazanc-Pan, Paul F. Donnelly
Jazyk: angličtina
Rok vydání: 2015
Předmět:
Zdroj: New England Journal of Entrepreneurship, Vol 18, Iss 1, Pp 71-85 (2015)
Druh dokumentu: article
ISSN: 2574-8904
02214644
DOI: 10.1108/NEJE-18-01-2015-B005/full/pdf?title=an-entrepreneurial-context-for-the-theory-of-the-firm-exploring-assumptions-and-consequences
Popis: While entrepreneurship may be driven by personal interests and lifestyle choices, entrepreneurial actions are not only economically driven opportunity-searching processes but also enactments of social transformation that may or may not lead to socioeconomic benefits. We advance that exploring these entrepreneurial processes can inform a theory of the firm that may explain how socioeconomic processes shape the socioeconomic environment of communities while serving individuals. This article discusses several understandings of the firm, as theorized in extant literature. Guided by these different conceptualizations, we present a case study of an artist and artisan cluster in Western Massachusetts to demonstrate various understandings of entrepreneurial processes. By way of conclusion, we develop the idea of the firm as a geographically embedded relational understanding aiding entrepreneurs to achieve personal goals while coconstructing their local environment.
Databáze: Directory of Open Access Journals