Entrepreneurship and Innovation Theory, Practice and Context
This book provides an overview of the theory, practice and context of entrepreneurship and innovation at both the industry and firm level. It provides a foundation of ideas and understandings designed to shape the reader’s thinking and behaviour to better
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Tim Mazzarol Sophie Reboud
Entrepreneurship and Innovation Theory, Practice and Context Fourth Edition
Springer Texts in Business and Economics
More information about this series at http://www.springer.com/series/10099
Tim Mazzarol • Sophie Reboud
Entrepreneurship and Innovation Theory, Practice and Context Fourth Edition
Tim Mazzarol University of Western Australia Crawley, WA, Australia
Sophie Reboud Burgundy School of Business Dijon, France
ISSN 2192-4333 ISSN 2192-4341 (electronic) Springer Texts in Business and Economics ISBN 978-981-13-9411-9 ISBN 978-981-13-9412-6 (eBook) https://doi.org/10.1007/978-981-13-9412-6 3rd edition © Tilde Publishing and Distribution 2017 © Springer Nature Singapore Pte Ltd. 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
Contents
1 Entrepreneurship as a Social and Economic Process �������������������������� 1 1.1 Introduction ���������������������������������������������������������������������������������� 1 1.2 The Benefits of Entrepreneurial Activity�������������������������������������� 3 1.3 Necessity and Opportunity Entrepreneurs������������������������������������ 5 1.4 Attitudes Towards Entrepreneurship as a Career�������������������������� 8 1.5 The Pursuit of High-Growth Firms ���������������������������������������������� 10 1.6 Global Trends in Entrepreneurship and Innovation���������������������� 10 1.6.1 Shift from a ‘Managed’ to an ‘Entrepreneurial Economy’���������������������������������������������������������������������� 11 1.6.2 Rise of the ‘Knowledge Economy’ ������������������������������ 11 1.6.3 Strategically
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