The social dimensions of entrepreneurship

Conventional ways of viewing the social aspects of entrepreneurship are considered unsatisfactory; hence, this emphasis is recast in terms of the The entrepreneurial event is shaped by groupings of social variables (such as ethnic groups) and the social and cultural environment. The entrepreneurial event is denoted by initiative-taking, consolidation of resources, management, relative autonomy, and risk-taking. The proposed paradigm attempts to include all versions of the entrepreneurial event and all variables (situational, social, and individual) identified with the event. The paradigm will answer two basic questions: what brought about the life-changing event? and why this particular event? Negative…