ABSTRACT

This chapter provides an overview of who entrepreneurs are and what they do, the field of entrepreneurship as both a practice of business and a field of study, the important of entrepreneurship education, the role of entrepreneurship in economic development, and the theory of community. It discusses the concerns of community and the embedded dynamics related to trust and sociological constructions. The chapter explores the framework of levels of analysis of entrepreneurship at the micro-, meso-, and macro-levels and their interrelated significance. Such a framework provides clarity to understand individual entrepreneurs separate from their firms and then how they fit into macro considerations of industry, community, and larger levels of regional, state, national, and worldwide entities. From a research perspective, the field of entrepreneurship is defined as the scholarly examination of how, by whom, and with what effects opportunities create future goods, services, or processes that are discovered, created, evaluated, and exploited.