ABSTRACT

This part introduction presents an overview of the key concepts discussed in the subsequent chapters. The part discusses various implications including the situation faced by both developing regions and those with entrepreneurial tendencies in the industrialized world. Entrepreneurship is a complicated topic typically traced to the seminal work of Joseph Schumpeter and his vision of impassioned individuals risking all in a quest that moves beyond rational cost–benefit analysis in ways that expand beyond the status quo in positive ways. The part presents a more scientific and rigorous researcher, focused upon what he felt were three universal human needs: the need to achieve, the need for power, and the need for affiliation. It traces a shift away from individualism and toward more collective strategies and orientations.